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Showing posts with label ShareMarketsignals. Show all posts
Showing posts with label ShareMarketsignals. Show all posts

Monday, 26 December 2016

Eagle High Plantations Tbk (EHP) expects its fresh fruit bunch (FFB) production in the fourth quarter of this year to rise by 12 per cent.

EHP’s FFB production in the first half of this year was 555,882 tonnes.
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Multi Management and Future Solutions: PT Eagle High Plantations Tbk (EHP) expects its new natural product cluster (FFB) generation in the final quarter of this current year to ascend by 12 for every penny contrasted with a similar period a year ago. 

The evaluation depended on the generally youthful period of a large portion of their oil palm trees and the softening effect of El Nino this year, said the organization in an announcement. 

EHP's FFB creation in the main portion of this current year was 555,882 tons. The entire year figures for a year ago and 2014 were 1.418 million tons and 1.395 million tons, separately. 

"The ascent in the FFB generation is normal as the greater part of the organization's oil palm trees are still at a moderately youthful age. Besides, it is likely that the El Nino effect will die down this period," said PT EHP organization secretary Deddy Setiadi, here. 

Government Land Development Authority (Felda) declared yesterday that it had marked an arrangement with Rajawali Group to obtain a noteworthy stake in the last's EHP, one of Indonesia's biggest palm oil firms. 

Under the assention, Felda backup, FIC Properties Sdn Bhd (FICP), will gain a 37 for every penny stake in the Jakarta-recorded EHP for US$505.4 million (RM2.26 billion). 

In the announcement, Deddy said EHP had begun the operation of one palm oil process with a limit of 45 tons for each hour a month ago. It is situated in Ketapang Regency, West Kalimantan, as larger part of the oil palm trees in the company's few bequests in Ketapang is prepared to gather. 

"The organization has possessed the capacity to keep up the consistency of their unrefined palm's oil extraction rate at more than 23.5 for every penny," he included. 

Also, the organization has actualized practical administration of their oil palm bequests as required by the legislature through the ISPO (Indonesian Sustainable Palm Oil) accreditation.

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    Wednesday, 21 December 2016

    Petronas will be making a voluntary adjustment to cut Malaysia's crude oil production up to 20,000 barrels per day (bpd) beginning January 2017.

    Petronas said the move was made following the pact made in Vienna, Austria on Dec 10 between OPEC and non-OPEC producers.
    Image result for Petronas
    Multi Management and Future Solutions Malaysia: National oil organization, Petroliam Nasional Bhd (Petronas) will make a deliberate change in accordance with cut Malaysia's raw petroleum creation up to 20,000 barrels for each day (bpd) starting January 2017. 

    In an announcement today, Petronas said the move was made after the settlement made in Vienna, Austria on Dec 10 amongst OPEC and non-OPEC makers. 

    "This intentional change, mulling over winning economic situations and prospects, is required to include up to 20,000 barrels for every day of raw petroleum from the nation's 2016 normal generation." 

    The oil organization's present raw petroleum generation remains at 787,000 barrels for every day, barring condensate and gas yields. 

    The announcement was in light of a declaration made by Minister in the Prime Minister's Department Datuk Abdul Rahman Dahlan on Monday that Malaysia was one of the non-Opec nations which had likewise consented to the choice to cut worldwide yield by 558,000 bpd for six month starting Jan 1. 

    Opec settled on the choice to cut yield by 1.2 million from 2017.

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      Monday, 19 December 2016

      The ringgit is expected to be softer against the US dollar and trade between RM4.40 and RM4.50 this week.

      Federal Reserve System's decision to raise interest rates by 25 basis points, would worry the investors.
      Image result for Federal Reserve System's Malaysia
      Multi Management and Future Solutions Malaysia: The ringgit is relied upon to be gentler against the US dollar and exchange amongst RM4.40 and RM4.50 one week from now, determined by the nearby value market's execution, said Affin Hwang Investment Bank Vice-President/Retail Research Head, Datuk Dr Nazri Khan Adam Khan. 

      He said the Federal Reserve System's (Fed) choice to raise loan costs by 25 premise focuses, taking after with two more probable increments one year from now, would stress the speculators. 

      In the interim, FXTM Research Analyst, Lukman Otunuga, said despite the fact that it was broadly expected that US loan costs would be expanded by 0.25 for each penny in the midst of more grounded financial development, the forceful climbing way for 2017 which was to some degree reminiscent of the guarantees made by the Fed in December 2015 sent the greenback to new 14-year highs. 

      "While there still remains a billow of instability over how monetary approach may change under Trump's administration, a similar rising positive thinking towards Trump boosting US development through tax reductions and framework spending may have had a key impact in the progressions to the Fed's projections. 

      "With the Fed showing confidence over the ascent in employment picks up as of late and unemployment rate consistently declining, the general standpoint for the world's biggest economy keeps on looking empowering," he said in an announcement. 

      For the week simply finished, the ringgit was exchanged lower at 4.4755/4795 against the greenback from 4.4215/4255 last Friday. 

      It finished higher against other real monetary standards. 

      The ringgit acknowledged against the yen to 3.7899/7959 from 3.8643/8681 last Friday, and expanded against the Singapore dollar to 3.1015/1058 from 3.1067/1100 a week ago. 

      The nearby unit rose to 4.6823/6887 against the euro from 4.6974/6034 last Friday and enhanced against the British pound to 5.5568/5640 from 5.5768/5832 a week ago.

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          Tuesday, 13 December 2016

          The ringgit opened higher against the US dollar today on better demand.

          Improved Standing is the result of Bank Negara Malaysia's measures effective Dec 13, aimed at boosting the ringgit's performance.
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          Multi Management and Future Solutions Malaysia: The ringgit opened higher against the US dollar today on better demand. 

          At 9am, the local unit was traded at 4.4190/4240 against the US dollar from 4.4215/4255 on last Friday's close. 

          A dealer said the improved standing is the result of Bank Negara Malaysia's measures effective Dec 5, aimed at boosting the ringgit's performance. 

          Against a basket of major currencies, the ringgit traded mixed. 

          Vis-a-vis the Singapore dollar, the ringgit rose to 3.1021/1067 from 3.1067/1100 and against the yen, improved to 3.8379/8450 from 3.8643/8681 last Friday. 

          Compared with the British pound, the local currency weakened to 5.6020/6092 from 5.5768/5832, while against the euro, it fell to 4.7000/7058 from 4.6974/6034.

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              Monday, 5 December 2016

              Important to Build and Accumulate Possible Higher Foreign exchange (forex) reserves, especially in the US dollar.

              Affin Hwang Investment Bank Bhd said foreign currencies held by exporters, is estimated to be close to RM90 Billion.
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              Multi Management and Future Solutions Malaysia: Bank Negara Malaysia's (BNM) new measures on the treatment of fare continues, is imperative to construct and gather conceivable higher remote trade (forex) saves, particularly in the US dollar. 

              In a note, Affin Hwang Investment Bank Bhd said outside monetary forms held by exporters, is evaluated to be near RM90 billion. 

              "With the BNM measures set up, we trust repatriation and change of the exchange surplus by exporters from remote monetary forms to the ringgit, will help with raising global saves, and bolster the nation's financial basics," it said. 

              As at Nov 15 this year, BNM's universal stores kept on expanding progressively on a month to month premise to RM405.5 billion (US$98.3 billion) from RM390.4 billion (US$97.2 billion) as at end-June this year. 

              Affin Hwang said the national bank's pre-emptive move is relied upon to give a protect against further shortcoming in the ringgit, and in addition counteract unnecessary hypothesis in the forex showcase. 

              In the mean time, Affin Hwang has anticipated the ringgit to acknowledge bit by bit against the US dollar to about RM4.10 to the greenback by end-2017, from RM4.45 against right now, considering Malaysia's solid large scale basics. 

              "Nonetheless, US president-elect Donald Trump's unconventionality in outside and exchange approach, and in addition a conceivable more keen than-anticipated US Federal Reserve loan costs climb may put some drawback hazard to our projection on the ringgit," it included. 

              Viable today, BNM's new measures incorporate progression and deregulation of the coastal ringgit supporting business sector, streamlining treatment for interest in remote coin resources, and, motivators and treatment of fare continues.

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                  Friday, 5 August 2016

                  Multi Management and Future Solutions Malaysia Says-Fastest Person on Malaysia like BURSA KLSE

                  Khairul Hafiz Jantan breaks Watson Nyambek's 100m record with 10.18s


                   http://www.mmfsolutions.sg/malaysian-intraday-stock-picks-klse/

                  KUCHING: Khairul Hafiz Jantan is authoritatively Malaysia's quickest ever sprinter subsequent to winning the Malaysia Games 100m gold decoration, destroying Watson Nyambek's national record in a rankling 10.18 seconds at the Sarawak Stadium, today. The Malacca competitor broke clear of the field at the midway check to cross the completion line an undisputed champion, with Sarawak's Jonathan Nyepa edging Malacca's Badrul Hisyam Manap in a near tie for silver after both coordinated 10.36s. Sarawak's Watson had set the past record of 10.30 seconds on 15 July, 1998, a week prior Khairul Hafiz was conceived. "I never anticipated that would break the national record as my goal was just to beat Badrul to the gold decoration," said Khairul Hafiz, who won 100m gold at the Asian Junior Championships in Vietnam a month ago. "He was really the person who pushed me to break the national record." After addressing journalists, Khairul Hafiz dashed to grasp his dad and sobbed straightforwardly. Khairul Hafiz, 18, had given cautioning of what to come when he ran 10.44 seconds in the morning's semi-finals when it appeared as though regardless he had bounty available for later. He made a new beginning in the last and once he had the lead, there was no denying Khairul Hafiz the gold decoration with his time likewise a noteworthy change on his own best of 10.36. Khairul Hafiz has a shot of winning a brilliant treble when he keeps running in the 200m and 4x100m occasions in the coming days.

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                  Monday, 25 July 2016

                  Firm start to the week for KLCI but ringgit down

                   http://www.mmfsolutions.sg/malaysian-intraday-stock-picks-klse/
                  KUALA LUMPUR: Blue chips climbed early Monday as the FBM KLCI included more than five focuses, supported by additions in Public Bank, Petronas Dagangan and PPB Group however the ringgit kept on losing ground.

                  At 10am, the FBM KLCI was up 5.07 focuses or 0.31% to 1,662.49. Turnover was 379.89 million shares esteemed at RM178.73mil. There were 228 gainers, 156 failures and 266 counters unaltered.

                  The ringgit declined for a 6th day in its longest extend of misfortunes since November on hypothesis the Federal Reserve will plan markets for a loan cost increment at the current week's meeting, Bloomberg reported.

                  Progressing tests by US and Singapore powers into the assets of 1Malaysia Development Bhd likewise weighed on the ringgit, as per Commonwealth Bank of Australia. The cash posted its greatest five-day misfortune since September a week ago as the 1MDB burdens added to a drop in assumption as oil costs declined.

                  Unrefined costs crept down on Monday in Asia, staying not a long way from two-month lows hit in the past session, in the midst of stresses over a worldwide oil excess. Brent unrefined for September conveyance was down four pennies at US$45.65 a barrel while US light rough for September conveyance fell five pennies to US$44.14 a barrel, Reuters reported.

                  At Bursa, FGV was in center, increasing six sen to RM1.84 in dynamic exchange on developing uplifting viewpoint for the ranches mammoth and a news report it had surrendered arrangements to purchase Indonesia's PT Eagle High Plantations Tbk.

                  PPB Group, which went under offering weight a week ago after a benefit cautioning from its Singapore recorded partner, Wilmar, rose 14 sen to RM15.98.

                  Customer stocks were among the main 10 gainers, with BAT up 92 sen to RM55.42, F&N 20 sen to RM26.22, Carlsberg 16 sen to RM14.90 and Dutch Lady 10 sen to RM62.10. Poultry organization Lay Hong rose eight sen to RM8.90.

                  Petronas Dagangan added 24 sen to RM23.80 however with only 100 shares done. Publc Bank increased eight sen to RM19.38.

                  In any case, Ajiya fell 26 sen to RM3.87 after a sharp fall in its outcomes.

                  Hong Leong Industries lost nine sen to RM8.70, Uzma four sen to RM1.85 and Pavillion REIT four sen to RM1.80. Pestech shed four sen to RM6.60.


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                  Thursday, 23 June 2016

                  Asia stocks, sterling rise early Thursday as Brexit anxiety abates


                  Multi Management & Future Solutions  

                  TOKYO: Asian stocks edged up and sterling stood close to its peak for the 12 months on Thursday, as traders were carefully optimistic that British voters might opt to stay in the ecu Union at a referendum later inside the session.

                   opinion polls published past due on Wednesday, some hours before voters have been due to start to cast their votes, showed the "stay" camp gaining momentum inside the closely divided campaign.

                  MSCI's broadest index of Asia-Pacific shares out of doors Japan edged up zero.2 percentage in early buying and selling, shrugging off modest in a single day losses on Wall avenue.

                  Japan's Nikkei share common rose 0.three percent.

                  "Markets appear to have nearly completely priced in a 'remain' vote win, that means that the marketplace actions and volatility across the vote may be a long way less than many had been anticipated," wrote Angus Nicholson, marketplace analyst at IG in Melbourne.

                  "though, markets are still rather apprehensive and some sharp marketplace actions are probably over the subsequent 24 hours," he said.

                  (modern day Reuters news at the referendum, inclusive of complete multimedia insurance:)

                  Sterling <GBP=> rose to $1.4847, its maximum in opposition to the dollar in 2016, and became final up 0.6 percent at $1.4798.

                  The perceived safe-haven yen additionally slipped on receding fears of the marketplace turmoil that could probably follow if Britain had been to pull out of the european.

                  The dollar delivered zero.2 percentage to 104.69 yen <JPY=>, while the euro won 0.five percent to 118.54 yen <EURJPY=>.

                  The euro rose 0.2 percent to $1.1322 <EUR=>, even as the dollar index, which tracks the greenback against a basket of six rival currencies, slipped 0.1 percentage to 93.582 <.DXY>.

                  at the U.S. information front, home resales rose to a extra than nine-yr excessive final month towards a backdrop of historically low loan costs, including to latest upbeat second zone statistics.

                  Crude oil expenses rose after settling down greater than 1 percent on Wednesday after the U.S. authorities said a smaller-than-expected stock drawdown. [O/R]

                  Brent <LCOc1> brought zero.7 percentage to $50.23 a barrel after losing 1.5 percent on Wednesday, even as U.S. crude <CLc1> become up 0.8 percent at $49.fifty three after giving up 1.four percent in the previous session.

                  Spot gold <XAU=> plumbed a -week low of $1,260.36 an oz and became remaining down zero.4 pct at $1,261.24.- Reuters.

                  Wednesday, 22 June 2016

                  EUR/USD: Bulls back in control, 1.1300 on sight


                  Multi Management & Future Solutions is the best Forex & Comex services providers in Malaysia. 

                  Having bounced-off close to a hundred-DMA support earlier on the day, the EUR/USD pair maintains to push higher towards 1.1300 stage amid decreased call for for the greenback throughout the board.

                  EUR/USD looking to check key resistance at 1.1298/1.1300

                  currently, EUR/USD now gains +zero.22% to alternate at 1.1266, soaring within a placing distance of session tops published at 1.1270 inside the ultimate. the main forex pair caught a bid wave in early Asia and now extends north as markets maintain to wish that Britain will vote to stay in the european Union (eu).

                  moreover, the recent vertical rise inside the German bund yields amid fading Brexit concerns also continue to be the important thing catalyst helping the recovery inside the EUR/USD, after booking sharp losses a day before.

                  On Tuesday, EUR/USD dropped sharply to 100-DMA assist as buyers took profits from this week's rally beforehand of the ecu referendum scheduled day after today. in the period in-between, markets will stay up for the imminent US macro information and round 2 of Yellen’s testimony for sparkling cues at the USD movements.

                  EUR/USD Technical degrees            

                  In phrases of technicals, the pair reveals the immediately resistance 1.1291/ninety eight (5 & 50-DMA). A wreck beyond the remaining, doorways will open for a check of one.1350 (psychological stages). on the turn side, the immediate assist is positioned at 1.1244/37 (a hundred-DMA/ daily low) underneath which at 1.1200 (spherical range) may be examined.


                  Tuesday, 21 June 2016

                  Ringgit Opens Easier Against US Dollar


                  Multi Management & Future Solutions

                  KUALA LUMPUR: The ringgit withdrew from yesterday's increases to open less demanding against the US dollar today on powerless purchasing premium.

                  At 9.46 am, the neighborhood unit was cited at 4.0620/0670 against the US dollar from 4.0600/0660.

                  The ringgit likewise exchanged blended against other significant monetary standards.

                  It acknowledged against the Singapore dollar to 3.0232/0292 from Monday's end of 3.0340/0407 and rose against the euro to 4.6051/6128 from 4.6065/6149.

                  The neighborhood unit, nonetheless, was down against the British pound at 5.9480/9573 from 5.9479/9583 and debilitated against the yen to 3.9050/9117 from 3.8833/8902 . - Bernama