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ORION (0079) : ORION IXL BERHAD
Sebie_Kelate
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Posts: 600
Joined: Dec 2016
Male, MYS
17 May 2017, 05:35 PMPost #1

Sebie_Kelate
Member StarMember Star
Posts: 600
Joined: Dec 2016
Male, MYS
17 May 2017, 05:37 PMPost #2

CS Ling
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Posts: 3
Joined: Aug 2018
Male, MYS
13 Aug 2018, 08:37 AMPost #3

Does anybody know why Orion revenue and profit went up since Nov'2017 announcement.

The sad thing is that share prie never go up !!!!

kwok_39
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Posts: 172
Joined: May 2017
Male, MYS
20 Aug 2018, 01:03 PMPost #4

Another feeling good on Orion IXL.Takeover company not include in the profit.Gurantee 7.5 million per year for 2 years.Deposit is in the bank of 15 million.Somemore diversification into other ASEAN company for niche market.Can it worth just 50 million.Buy on some that undervalued.First resistance 0.14-0.16 to as high as passing 0.20-0.25 if it realize can made consecutive quarter of average (1.70-1.85 million) profit this year.Lawsuit should not be much if there any.

kwok_39
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Posts: 172
Joined: May 2017
Male, MYS
04 Oct 2018, 01:18 PMPost #5

It's a breakout on 9 cent.Substain there for 5 days(without below 9 cent).My first resistance of 14-16 cent look achievable.All indicator hook up( daily and weekly).

kwok_39
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Posts: 172
Joined: May 2017
Male, MYS
11 Jan 2019, 11:43 AMPost #6

yeahyeahIts reach(means approximately time to sell).

Aman Shah
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Joined: Sep 2018
Male, MYS
13 Jan 2019, 01:27 PMPost #7

the FBO /52 weeks high is at 16 cent

Serene H
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Posts: 5
Joined: May 2019
Male, MYS
02 May 2019, 05:56 PMPost #8

E

 

KUALA LUMPUR: Malaysian equities, the world’s worst major market this year, might be close to a turnaround on the back of the government’s increasing support, according to Macquarie Group Ltd.

 

Reforms at state-linked companies, more political clarity and stimulus could see the benchmark FTSE Bursa Malaysia KLCI Index surge to 1,800 in the base scenario, or even reach 1,900 in the bullish case, Macquarie analysts wrote in the April 26 note. That implies a 10 to 16 percent return from Friday’s close.

 

Malaysian stocks have bucked the global rally this year, losing more than 3 percent in 2019 while the MSCI Asia Pacific Index gained 11 percent. An economic growth slowdown and uncertainty over the new administration’s policies led to US$4.4 billion of equity outflows in the past 12 months.

 

Prime Minister Tun Dr Mahathir Mohamad has shown signs of moving away from his earlier budget-cutting stance to revive large state projects and seek foreign investments. Malaysia struck a deal with China to resume the East Coast Rail Link at a lower cost and revived the US$34 billion property and transport hub Bandar Malaysia.

 

“Fiscal stimulus, per resurrection of ECRL and Bandar Malaysia projects, is returning, oil prices are exceeding target and liquidity is ample,” the bank said in the report. “Government policy-centric catalytic news flow alone could allow the KLCI to recover to 12-month highs of 1,850.”

 

Macquarie expects similar developments to happen with MRT 3 and the Singapore-Kuala Lumpur high-speed rail project, as well as in the telecom sector and within the Petroliam Nasional Bhd. group of companies.

 

The KLCI is showing some signs of a revival. It climbed 1 percent last week, halting five straight weeks of declines, the longest stretch of losses since 2015.

 

The main risk remains Malaysia’s potential exclusion from FTSE Russell’s World Government Bond Index, which could lead to US$23 billion of government bond outflows as other index providers follow suit and worsen foreign selling in the country’s equities, the bank said.

 

The investment bank prefers “yield-resilient” plays, corporate banks, government-linked companies:

 

Theme Macquarie’s top picks “Deep-value” Tenaga Nasional Bhd, Telekom Malaysia Bhd, Axiata Group Bhd Petronas units Petronas Chemicals Group Bhd, MISC Bhd Corporate banks Malayan Banking Bhd, CIMB Group Holdings Bhd, AMMB Holdings Bhd, RHB Bank Bhd Construction Gabungan AQRS Bhd, Malaysian Resources Corp, HSS Engineers Bhd Ringgit weakness ViTrox Corp, Top Glove Corp.

 

 - Bloomberg

 

Serene H
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Joined: May 2019
Male, MYS
03 May 2019, 08:25 AMPost #9

It has been fighting at 18, 19 & 20’sen. Yesterday was the worst at 16.5 Only the one who has believe will stay

1

yeah doh drool lol mad notworthy question rant rolleyes sad shutup shy smile star sweat thumbup wub cry

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