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KLSE Market Comment Begin’g 20 July 2015

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Dear Subscriber, Trying to buy below value isn’t infallible but it’s the best chance we have. Our goal is to find under priced assets. How do we find them ? We could look for little known and not fully understood companies. Fundamentally questionable on the surface. Controversial, unseemly or scary. Deemed unrespectable for respectable portfolios […]

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KLSE News: 29 July 2015 – Malaysia Automotive Association (MAA) trimmed this year’s total industry volume (TIV) to 670,000 units from 680,000 units earlier amid a challenging economic outlook…

Malaysia Automotive Association (MAA) trimmed this year’s total industry volume (TIV) to 670,000 units from 680,000 units earlier amid a challenging economic outlook. Its president Datuk Aishah Ahmad said the revision is after considering many factors, include ongoing inflationary pressures, fluctuations in oil and commodity prices, foreign exchange rate volatility, subdued business optimism and moderation […]

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KLSE News: 28 July 2015 – MY E.G Services Bhd yesterday obtained shareholders’ approval for the proposed acquisition of 22 storeys of stratified parcels forming part of a 45-storey corporate office tower at Empire City @ Damansara…

MY E.G Services Bhd yesterday obtained shareholders’ approval for the proposed acquisition of 22 storeys of stratified parcels forming part of a 45-storey corporate office tower at Empire City @ Damansara. Its Executive Chairman, Datuk Dr Norraesah Mohamad, said the RM155.3m acquisition would allow the company to centralise its operations and relocate all employees under one […]

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KLSE News: 27 July 2015 – Axiata Group Bhd plans to invest US$2.6m (RM9.9m) for a 70% stake in WSO2 Telco Inc, which will offer mobile Internet and fulfilment-exchange services to mobile telecommunication network operators…

Axiata Group Bhd plans to invest US$2.6m (RM9.9m) for a 70% stake in WSO2 Telco Inc, which will offer mobile Internet and fulfilment-exchange services to mobile telecommunication network operators. Axiata said WSO2Telco would be a joint venture between Axiata and WSO2 Inc, an open-source software firm. “The joint venture will leverage WSO2’s class leading open-source […]

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