Well said, I feel the same too.



Cheers.

Should be good news for TANCO holders.......could someone here please interpret the below in simple language.



Type: Announcement

Subject: OTHERS

Description: TANCO HOLDINGS BERHAD ("Tanco" or "Company")
SETTLEMENT SCHEME BETWEEN TANCO GROUP OF COMPANIES AND LEHMAN BROTHERS COMMERCIAL CORPORATION ASIA LIMITED (IN LIQUIDATION) FOR A CASH SETTLEMENT SUM OF RM44 MILLION AND THE TRANSFER AND VESTING OF CERTAIN PROPERTIES AT AGREED VALUE OF RM100,637,395 ("SETTLEMENT SCHEME")



Actually TANCO owes Lehman more than $344 million but now it pays only $144 million in cash & land.......is this correct?....that means a savings of about $200 million for TANCO?



Cheers.

This will mean that TANCO shares will shoot up tomorrow.



Cheers.

Something worth reading for all.



CIMB Research Disclaimer
Accuracy of information

The information contained in the reports on this website was prepared from data believed to be reliable at the time of the publication of the reports. None of the companies in the CIMB Group makes any representation nor gives any warranty as to the accuracy or completeness of the information contained in the reports.
Change in reports

Readers are reminded that the financial circumstances surrounding any company or any market covered in the reports may change since the time of their publication. The contents of the reports themselves are subject to change without any notification.
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Companies in the CIMB Group and/or their directors, employees or representatives may have an interest in the companies covered in the reports, and may earn brokerage, commission or other income as a result of any transaction effected pursuant to or in reliance on the reports.
Not recommendation, offer or invitation

The reports are not, and must not be construed to be, any recommendation, offer or invitation to buy or sell any securities, futures contracts or any other instrument.
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Because it is not possible for us to have regard to the investment objectives, financial situation and particular needs of every reader, the information contained in these reports may not be suitable to all readers.
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--------------------------------------------------------------------------------










Attached File(s)
 Latexx_4QFY10_Losing_its_grip_in_4Q.pdf ( 212.35k ) Number of downloads: 16
 Uchi_20110222_A_mixed_brew.pdf ( 204.34k ) Number of downloads: 18
 QSR_20110222_Mouth_watering_record_performance.pdf ( 234.29k ) Number of downloads: 17
 Alliance_3QFY11_20110222_Write_backs_ride_to_the_rescue_again.pdf ( 260.25k ) Number of downloads: 11
 Maybank_2QFY11_20110222_A_big_lending_hand_from_loan_growth.pdf ( 293.48k ) Number of downloads: 20
 Cocoaland_Holdings_update_220211_cost_indigestion.pdf ( 267.06k ) Number of downloads: 16

Saudi Oil Minister to CNBC: We Will Protect Supply




On Tuesday February 22, 2011, 11:57 am EST

Saudi Arabia will not allow any supply disruptions from the Middle East to impact global supplies of oil, the oil-rich country's deputy oil minister told CNBC Tuesday.

"The market knows that Saudi has a good chunky excess capacity and a record of using it when needed," Prince Abdulaziz bin Salman Al Saud said in an interview.

"There is no qualms, what needs to prevail is no shortage of supply," said the prince, who is hosting a meeting of ministers from the world's major oil producers.

Prince Abdulaziz bin Salman said investors should not panic, likening the current situation to being inside a burning house.

"Investors should not react to the risk premium. In a fire in a house, panic leads to disaster. You need to get hold of yourself and think rationally and get to safety," he said.

The prince added that he hoped the situation in the wider region will calm down but expects jitters in oil, foreign exchange and even stock markets given all the uncertainty.

"We hope the situation will subside," he said.

Saudi Will Be Different

Like many of its neighbors, Saudi Arabia has high unemployment, particularly young unemployed people, but there are key differences with Northern Africa, according to John Sfakianakis, the chief economist at Banque Saudi Fransi in Riyadh.

"Saudi and much of the Gulf is better equipped to deal with unrest than Egypt or Libya. With huge oil reserves they are able to trickle money down to the population," he said.

"Huge amounts of money are being spent on education. There are now 24 universities with 100,000 young people studying and helping to turn Saudi into a knowledge- based economy," Sfakianakis added.

"People have TVs, they see events happening around the region and are concerned but there is a different set up here. This is also true of Kuwait, the UAE and places like Qatar," Sfakianakis said.




SO DON'T YOU ALL PANIC BY STARTING PANIC SELLING........BE CALM & COLLECTED & YOU WILL BE ABLE TO THINK RATIONALLY.

Luckily you took the cue from me on my posting the announcement.........congratulations brother. ......make very handsome profit myself on Tanco ....me bought yesterday & sold it this evening.



More to come tomorrow.......possibility of reaching 60+ cents.

This post has been edited by monkeyking: Feb 23 2011, 05:30 PM

More reading to do for all.



CIMB Research Disclaimer
Accuracy of information

The information contained in the reports on this website was prepared from data believed to be reliable at the time of the publication of the reports. None of the companies in the CIMB Group makes any representation nor gives any warranty as to the accuracy or completeness of the information contained in the reports.
Change in reports

Readers are reminded that the financial circumstances surrounding any company or any market covered in the reports may change since the time of their publication. The contents of the reports themselves are subject to change without any notification.
Disclosure of interests

Companies in the CIMB Group and/or their directors, employees or representatives may have an interest in the companies covered in the reports, and may earn brokerage, commission or other income as a result of any transaction effected pursuant to or in reliance on the reports.
Not recommendation, offer or invitation

The reports are not, and must not be construed to be, any recommendation, offer or invitation to buy or sell any securities, futures contracts or any other instrument.
Suitability

Because it is not possible for us to have regard to the investment objectives, financial situation and particular needs of every reader, the information contained in these reports may not be suitable to all readers.
Limitation of liability

Companies in the CIMB Group and their directors, employees and representatives shall not have any liability whatsoever (including liability to any person by reason of negligence or negligent misstatement) arising from any statement, opinion, information or matter (express or implied), contained in or derived from, or any omission from the reports.
--------------------------------------------------------------------------------






Attached File(s)
 British_American_Tobacco_4QFY10_in_line___Sub_VFM_segment_spoiled_the_party.pdf ( 211.64k ) Number of downloads: 13
 Daibochi_Plastic__QT_23022011_getting_its_mojo_back.pdf ( 222.95k ) Number of downloads: 20
 Genting_Plant_4Q10_results_note_edited.pdf ( 213.9k ) Number of downloads: 14
 Pelikan_4QFY10_below___Yet_to_claw_Herlitz_synergies.pdf ( 220.69k ) Number of downloads: 13
 RHB_Capital_20110223_fy10_results_lender_of_first_resort.pdf ( 314.92k ) Number of downloads: 16
 telco_20110223_Celcom_and_TM_connect_again.pdf ( 197.74k ) Number of downloads: 14

RCECAP PE ratio 4.4x (Mar 2011, RM0.122)
Growth 1.3%(2012), 3.0%(2013)
Gearing high (due to borrowed money to lend out)
Gross dividend yield 3.8%
The above figures are from RHB RCE Capital research report.

One concern for RCE Capital is the issue of their largest borrower Kowaja, which the loan disbursement has been curtailed since 1 Dec 2010.

RCE PE ratio is superb superb low. At 4.4x is so cheap.
If many years ago, I would have bought RCE Cap immediately because the PE ratio is so low.
But now when I got this PEGGY Method, I need to look at other things, such as growth, etc.
Maybank RCE Capital target price fair value is RM0.45 (sell)

According to RHB, the growth is also low.
For me, I consider the dividend is low. Not because 3.8% is low, but RCE Capital make so much money but pay so little dividend. Where the money goes? Reinvest? If reinvest, I expect the profit to grow. But the growth is so low.

You may also buy RCECap if you want. RCE Cap PE ratio is so low and with some dividend. RHB have a VERY HIGH RCECap target price fair value of RM0.92 (buy/Outperform).

Up to individuals to decide.



Cheers.

Last call to buy E & O......price is very cheap now at only $1.19


Remember this I post earlier....pdf attached too.


KUALA LUMPUR: Hwang DBS Vickers Research has raised the Target Price for Eastern & Oriental Bhd (E&O)'' to RM1.70 (from RM1.40) based on 20% discount to RNAV of RM2.14.

It said on Wednesday, Jan 12 E&O's net gearing has improved significantly to 32% (2QFY10: 79%) post-rights issue, while unbilled sales stands at a record RM605 million (2.1x FY10 property development revenue).

'Given its prime landbank, strong execution track record, and attractive valuation, we see E&O as a potential M&A/JV candidate,' it said.


Remember I said too that it's new project is of value $12 billion .....yes, not $12 million & not $1 Billion but a huge figure of mind bogging $12 Billion. ......suppose to be approved by Government in mid-2011.....yes about 3 months away & moreover this $12 Billion project will be a JV with a bumi partner. .....so sure to be approved & so think of the profits....think of a convervative figure profit of 10 to 15%.


One more thing......buy now as it's 3Q report will be out on Friday 25th Frbruary 2011....that is tomorrow. .......so what say you? want to take a chance before it's report is out? ....I am sure it's report will be good....see the past reports summary pic enclosed.



More....Quayside luxurious condominium [picture enclosed too]


And what about the Sri Tanjung Pinang project...yes, it cost $7.8 million for 1 villa or bungalow. ...picture enclosed too.




Cheers to all......best of luck to you all.....happy investing.

This post has been edited by monkeyking: Feb 24 2011, 04:39 AM


Attached thumbnail(s)


Attached File(s)
 Eastern___Oriental_20110112_Update.pdf ( 123.78k ) Number of downloads: 26

SOMETHING WORTH READING.


CIMB Research Disclaimer
Accuracy of information
The information contained in the reports on this website was prepared from data believed to be reliable at the time of the publication of the reports. None of the companies in the CIMB Group makes any representation nor gives any warranty as to the accuracy or completeness of the information contained in the reports.

Change in reports
Readers are reminded that the financial circumstances surrounding any company or any market covered in the reports may change since the time of their publication. The contents of the reports themselves are subject to change without any notification.

Disclosure of interests
Companies in the CIMB Group and/or their directors, employees or representatives may have an interest in the companies covered in the reports, and may earn brokerage, commission or other income as a result of any transaction effected pursuant to or in reliance on the reports.

Not recommendation, offer or invitation
The reports are not, and must not be construed to be, any recommendation, offer or invitation to buy or sell any securities, futures contracts or any other instrument.

Suitability
Because it is not possible for us to have regard to the investment objectives, financial situation and particular needs of every reader, the information contained in these reports may not be suitable to all readers.

Limitation of liability
Companies in the CIMB Group and their directors, employees and representatives shall not have any liability whatsoever (including liability to any person by reason of negligence or negligent misstatement) arising from any statement, opinion, information or matter (express or implied), contained in or derived from, or any omission from the reports.

--------------------------------------------------------------------------------






Attached File(s)
 GENT_4QFY10___20110224___Plantations_and_gaming_show_a_strong_hand.pdf ( 250.5k ) Number of downloads: 17
 Kossan_4QFY10_Thumbs_up_for_the_4Q.pdf ( 207.5k ) Number of downloads: 15
 Lafarge_4QFY10_Concrete_4Q_performance.pdf ( 207.79k ) Number of downloads: 11
 Maybulk_20110224___Dec_10_results.pdf ( 255.5k ) Number of downloads: 11
 Strategy_20110224_oil_price_deja_vu.pdf ( 231.65k ) Number of downloads: 22
 Axiata_20110224_Celcom_dials_down_a_notch.pdf ( 274.87k ) Number of downloads: 18

Good for both of us as well as others who bought Tanco......2nd round of profit. .......hopefully a 3rd round will come too.

Dow Jones Industrial Average 12,130.45 Up 61.95 (0.51%)



So, Monday Bursa should be up perhaps?



Cheers.

BIMB Records A Profit Before Zakat And Taxation Of RM593.1 M



Dated: 25.02.2011
Source: Bernama

KUALA LUMPUR, Feb 25 (Bernama) -- BIMB Holdings Bhd recorded a profit before zakat and taxation of RM593.1 million for the 18-month financial period ended Dec 31, 2010. Revenue for the period stood at RM2.583 billion, it said in a filing to Bursa Malaysia on Friday. BIMB said the improved profitability was achieved on the back of sustainable revenue growth, enhanced capital adequacy and improved asset quality.

The higher profitability was also driven by Bank Islam Group and Syarikat Takaful Malaysia Bhd, which achieved a profit before zakat and taxation of RM501.5 million and RM102.6 million respectively. For the financial year ended June 30, 2009, the group recorded a profit before zakat and taxation of RM299.1 million. The group's financial year consists of 18 months following the change of its financial year-end from June 30 to Dec 31, to be the same with that of its holding company, Lembaga Tabung Haji.

Meanwhile, Bank Islam Malaysia Bhd managing director, Datuk Seri Zukri Samat, attributed the achievement of surpassing the half-a-billion-ringgit mark to a strong financing growth that was matched by an impressive improvement in asset quality. "Other factors included growing contribution from non-fund based income, decline in cost-to-income ratio and continued increase in deposits through current and savings accounts," he said in a statement. He said the board has proposed a dividend of 4.75 per cent for the financial period ended Dec 31, 2010.




Cheers to all.

Some good news for those who hold YTLPower & YTLE shares.



I just receive this news from a very reliable 'reliable source'..............this...



Just to update that the ZOOM (4G gateway), BUZZ (4G cloud mobile phone) and two VALUEPACKS (for data usage of 3.5GB and 10GB per month respectively) will be launched this Friday. We shall release the pricings and more details on that day.


and how about this......How about getting a 4G mobile phone which can be used as a modem for internet connectivity and to make voice calls / send SMS – all for RM 30 per month under PAYU. Or alternatively for RM xx under the Valuepacks for 3.5GB usage per month with free nationwide all-net calls and SMS on top of that? Interesting? More on Friday.


So for those here using YES , this is indeed good news for those heavy users.



Cheers to all.

Some general information for all.



Petronas to invest RM250b next 5 years
KUALA LUMPUR: Petroliam Nasional Bhd (Petronas), whose earnings in the third quarter ended Dec 31, 2010 (3QFY11) were hurt by the strong ringgit, plans to invest RM250 billion in exploration activities and the replacement of aging assets over the next five years, in order to sustain its current level of production.


S P Setia acquires land in Cyberjaya for RM3b project
CYBERJAYA: S P Setia Bhd has acquired 268.11 acres of freehold land in Cyberjaya from the township's master developer, Setia Haruman Sdn Bhd, for a total of RM420.4 million.


Market fundamentals still sound, say analysts
KUALA LUMPUR: The local stock market, which along with its regional peers had been affected by external factors, is still sound fundamentally and will likely receive support from domestic catalysts. The Economic Transformation Programme (ETP) and positive government newsflow are expected to lift the market in the second half of the year, said analysts.

More general information for all.



Palm Oil May Hit RM4,000
Analysts said Malaysian palm oil may hit RM4,000 a tonne on tight stocks in the immediate term and as competing soya oil gets increasingly channeled to the biofuel sector. Last week, palm oil was hovering about 12.5% below the key RM4,000 level, as traders grew concerned over high crude oil prices and the spreading Middle East unrest that is slowing economic growth. However, higher crude oil prices could increase biodiesel demand for soya oil in the America, leaving less for vegetable oil export markets and increasing demand for palm oil as substitute. Palm oil prices have been rallying since the last quarter of 2010 as erratic weather disrupt production, tightening stocks at a time of resilient demand.
Significance: Unrest in the Middle East might spike up the demand for palm oil as a substitute, increasing its price. However, heavy rains and floods submerging estates in key growing areas might limit Malaysia’s ability to meet this demand despite the higher prices.



Guan Chong Expanding On Production Capacity
Malaysia’s largest cocoa processor Guan Chong has commissioned its cocoa grinding plant in Batam, Indonesia, which is expected to improve earnings significantly. The plant boasts of an initial annual grinding capacity of 60,000 tonnes, increasing the group’s total production by 75 per cent to 140,000 tonnes a year, making Guan Chong one of the largest cocoa processors in Asia. Guan Chong ‘s existing 80,000 tonnes plant in Pasir Gudang, Johor is almost fully utilised due to a rise in global demand for its cocoa ingredients. With a grinding plant in Indonesia, Guan Chong can also benefit from processing zero-tariff raw materials. The plant in Pasir Gudang processes cocoa beans mainly from Indonesia, which recently started to impose export tax of up to 15% on Indonesia-produced cocoa beans on a schedular basis. Last year, Guan Chong posted a net profit of RM100m on a revenue of RM1.2b.
Significance: This expansion of production capacity helps the company to achieve greater economies of scale via lower raw material costs. Furthermore, this additional production capacity is also necessary to meet the escalating demand of cocoa and also helps the company to capture a larger market share and extend its regional footprint.




Media Prima Forms Integrated Sales Unit
In order to support sales integration initiatives within Media Prima’s platforms, an integrated sales unit has been formed and will be led by the new group general manager for Alt Media. The focus would be to sell integrated sales packages and solutions to clients and agencies. Besides that, several changes in the management of Media Prima have been made to establish itself as the leading content provider. These new appointments are strategic developments for Media Prima as new media convergence continues to drive new opportunities for the group.



Cheers .....much love to all.

Thought that you all had been under great stress from your bad day at the bursa......so let's step aside for a moment & read what's below & I am confident that all your stress will vanish into thin air.


Well, laugh to you heart's content as here's something that will bring laughter to you faces.........



There was a saying that if you have other nationalities working as domestic help in your household, chances are the following goes missing

Get Viets, dogs missing

Get Bangla, girls missing

Get Indon, money, missing

Get Chinese, husband missing

Get African, wife missing




But now its worse... this pilihan raya betui-betui kepala pusing!



Get Soi Lek, Viagras missing

Get Dr M, memory missing

Get Ka Ting, do nothing, every 'ting' missing

Get Badawi, always sleeping and missing

Get Tsu Koon, LanPah missing


Alamak, betui-betui kepala pusing
GET Perkasa Ibrahim... MALAYSIA MISSING


pls read the last one about koh tsu koon. Don't laugh too loud, or you will go missing, Ha Ha.


Peace to all......enjoy the laughter too.

This post has been edited by monkeyking: Mar 3 2011, 03:36 AM

Wonder if members & friends here have read my last posted message??


Yes, buy & hold YTLPower & YTLE shares as the below information will be of much value.



I just receive this news from a very reliable 'reliable source'..............this...



Just to update that the ZOOM (4G gateway), BUZZ (4G cloud mobile phone) and two VALUEPACKS (for data usage of 3.5GB and 10GB per month respectively) will be launched this Friday. We shall release the pricings and more details on that day.


and how about this......How about getting a 4G mobile phone which can be used as a modem for internet connectivity and to make voice calls / send SMS – all for RM 30 per month under PAYU. Or alternatively for RM xx under the Valuepacks for 3.5GB usage per month with free nationwide all-net calls and SMS on top of that? Interesting? More on Friday.


So for those here using YES , this is indeed good news for those heavy users.



Cheers to all.

More good news regarding BIMB.



Bank Islam keen on Bangladesh market




Published: 2011/03/02



Bank Islam Malaysia Bhd (5258), the country's oldest Islamic lender, is likely to buy a stake in a bank in Bangladesh this year with a partner from the South Asian nation, sources said.


The lender, which may be the first from Malaysia to enter that market, is said to be keen to tap the Islamic banking potential in the Muslim-majority state.

Bangladesh is also the world's eighth most populous nation.

Managing director Datuk Zukri Samat, when asked about it in an interview last week, confirmed that the group is "exploring" opportunities in Bangladesh, but declined to elaborate.

"We are keen to go to that market (but) we have nothing firmed up yet. Though it's largely a poor country, even if we assume that 10 per cent of its 200 million-odd population is bankable ... it makes it quite an exciting area that we want to look at and explore," he told Business Times.
Sources said it is unclear if the bank would be able to go for a majority stake.

Zukri, however, has said that in the event of an acquisition in any market, it would be important for Bank Islam to have influence on the target's operations even if it does not have a controlling stake.

Bank Islam is keen on expanding in the South Asian region.

lt already has a 12 per cent stake in Sri Lanka's Amana Investments Ltd, an Islamic financial solutions provider that Zukri said has recently been awarded an Islamic banking licence. It is expected to lift its stake in Amana soon.

Bank Islam, which is controlled by BIMB Holdings Bhd, has long voiced intentions to expand abroad, particularly in Indonesia.

Indonesia "remains on our radar", Zukri said, adding that the bank would want to go for majority control in any acquisition there.

Business Times reported last year that the group was pursuing a stake in Indonesia's PT Bank Muamalat.

It is understood that talks with certain shareholders of that bank had been going well until recently.

"We used to be quite advanced on that, we thought we were on the right track, and then somebody put a spanner there and then we couldn't go ahead," is all Zukri would say on the matter.

He could not say whether an acquisition in that market could happen this year.

"Something will happen immediately by this year, but maybe not that country, some other country," he remarked.

Bank Islam also plans to expand its reach at home, with plans to increase the number of its branches to at least 120 by the year-end from 113 now.

The group recently turned in a record profit before zakat and tax of RM503.4 million for the 18-month period to December 31 last year. (It changed its financial year-end to December to coincide with that of its ultimate parent, Lembaga Tabung Haji.)

Zukri said the bank plans to undertake more investment banking activities, a relatively new area of focus for the group, in a bid to increase contribution from its non-fund based income to 20 per cent over the next three years from 11 per cent now.

On another matter, he said he did not know whether the bank's Middle Eastern shareholder, Dubai Group LLC, was still looking to sell its 30.5 per cent stake, as reported last year.

BIMB has a 51 per cent stake in Bank Islam, while Lembaga Tabung Haji holds 20.5 per cent.




Read more: Bank Islam keen on Bangladesh market http://www.btimes.com.my/Current_News/BTIM.../bimba/Article/




Now, friends & members, do you want to hold BIMB for mid or long term or you just do panic selling when BIMB share price is not moving up? My advice to you is to stay put!!


Cheers ......happy investing to all.