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Friday, 26 August 2011

Friday, 19 August 2011

Friday, 12 August 2011

Tuesday, 9 August 2011

Monday, 18 July 2011

Friday, 8 July 2011

Friday, 1 July 2011

Sunday, 26 June 2011

AGM Week 26: AMEDIA AGM and PERISAI AGM

ASIA MEDIA GROUP BHD (AMEDIA) AGM
  • Date: 23 June 2011 (Thursday)
  • Time: 9:00 a.m.
  • Venue: Ivory 10 Room, Holiday Villa Hotel and Suites Subang
     9, Jalan SS 12/1, 47500 Subang Jaya, Selangor Darul Ehsan, Malaysia


PERISAI PETROLEUM TEKNOLOGI BHD (PERISAI) AGM
  • Date: 24 June 2011 (Friday)
  • Time: 10:00 a.m.
  • Venue: Mezzanine Floor, Hotel Equatorial
     Jalan Sultan Ismail, 50250 Kuala Lumpur, Malaysia

Monday, 13 June 2011

KLSE updates: XOX making gains

XOX have been making gains today after a bad start last Friday.

As at 10:50am today, the shares rises to RM0.535, up RM0.01 over yesterday's closing price.

Issued at RM0.80 (over-subscribed by 13.2 times), XOX debuted at RM0.73 (7 cents below RM0.80 issue price) and continued to slide ever since. It closes at RM0.52 on its first day of IPO (10th June 2011), which was a 35% discount ffrom its IPO price.

The company reported a net loss of RM1.67mil for the three-month period ended March 31, mainly due to the selling and distribution expenses necessary in creating brand awareness for XOX's services, it said in a note to Bursa Malaysia on Thursday (9th June 2011).


More related articles:

Sunday, 15 May 2011

GENS-C8 and GENS-CC dived after 2011 Q1 Result

What a joke!

GENS-C8 and GENS-CC dived after briefly raise a few cents when Genting Singapore's 2011's 1st quarter result being announced. Instead of moving higher, the share had just upped RM0.005 as at of today, 16th May 2011.

The performance of Resort World Sentosa having a much better result than Marina Bay Sands (MBS) doesn't lift it's stock higher. With MBS sinking 10% after their announcement, maybe Genting Singapore should felt relieve to be able to stay above it's last price before announcement instead of diving.

As for KLSE888 portfolio, a dilemma sets in:

  1. Is GENS-C8 and GENS-CC a good pick
  2. What's KLSE888 portfolio's next step: sell now to avoid potential further loss and scout for a new replacement, OR hold it till it finds a new promising stock to swap to?
As at of the price now (GENS-C8 at RM0.195 last done price, with buy queue at RM0.185, and GENS-CC at RM0.195 with buy queue at the same price), KLSE888 portfolio seems to suffer a paper loss of around RM800 (-13%, portfolio stands at RM5,300). 

While KLSE888 portfolio still have a surplus of RM300 (6%) since it's inception of RM5000, what shall be its next move to ensure it achieve its goal of 50% return in 6 months (now into the 3rd month)?


Related articles:

Thursday, 12 May 2011

Genting Singapore Achieved Record Revenue for 2011 Q1

Genting Singapore Plc achieved record revenue and adjusted EBITDA in the first quarter of 2011.

According to report released at 5:30pm, the group revenue for the first quarter of 2011 was S$922.6 million. Singapore IR experienced good win percentage and gaming volume in the first quarter of 2011 with steady growth in Universal Studio Singapore (“USS”) and the hotels. The daily average visitation to USS was about 7,400 with an average spending of S$88 per visitor. Singapore IR’s hotel occupancy was 79% with an average room rate of S$280. Group’s net profit in the first quarter of 2011 was S$305.4 million, where the following were significant drivers:

  1. Singapore IR delivered the highest quarterly adjusted EBITDA of S$537.9 million with margin of 59% at the back of strong revenue growth; offset by,
  2. Higher depreciation and amortisation of S$76.6 million in the first quarter of 2011 attributable to the full quarter effect of depreciation charges for 2011;
  3. Higher finance costs of S$39.7 million was mainly due to charges related to the refinanced syndicated loan facility; and
  4. Higher taxation of S$77.4 million in the first quarter of 2011 mainly from the higher deferred tax expenses due to temporary difference in property, plant & equipment.

Singapore IR recorded a stronger result for first quarter of 2011 compared to its competitor, Marina Bay Sands. EBITDA for Singapore IR was S$538 million, as compared to  Marina Bay Sands' S$351.6 million for the same period.


Hopefully, GENS-C8 and GENS-CC will soar high up in the sky...!!





Related articles:


Thursday, 5 May 2011

Dividends for Week 19: 9th to 13th May 2011

Bursa Malaysia: dividends with ex-date for Week 19, from 9th to 13th of May, 2011:

Chitika