Duty Free Int'l - 52-wk low & Heinemann partnership

current price is lower than placements

24 Mar 2017 : 15,650,000 new ordinary shares at S$0.38
24 Mar 2017 : 18,500,000 new ordinary shares at S$0.38
30 Aug 2016. : 30,000,000 new ordinary shares at S$0.365
11 Aug 2016 : 20,000,000 new ordinary shares at S$0.365

dun forget they also got their warrants, now trading at around 1 cents only, so they will have to push the mother shares to above 40 cents in order for them to sell their warrants for signifant profit

www.thestar.com.my/business/business-new...onstruction-tourism/

KUALA LUMPUR: The Budget 2018 proposals are positive, especially for the consumer, construction and tourism sectors, says Maybank Investment Bank Research.
It said on Monday it retained its earnings forecasts, sector weights and stock calls.
"We also maintain our end-2017 KLCI target of 1,800 and introduce end-2018 target of 1,865," it said.
Commenting on the Budget 2018, the research house pointed out the government retained its discipline with a lower fiscal deficit target of -2.8% of GDP (2017E: -3.0%).

There could be upside to the government’s revenue target (+6.4% on-year), which is based on an average crude oil price assumption of US$52 a barrel. Gross development expenditure is sustained at RM46bil (2017E: RM46bil).

Official real GDP growth expectation for 2017 has been revised up to 5.2-5.7% range (from 4.3-4.8%; Maybank Research: 5.5%) while the newly introduced 2018 growth target is 5.0-5.5% (Maybank Research: 5.1%).

Measures to sustain consumption growth – a two percentage point cut in individual income tax rate at the lower chargeable income brackets would lift disposable income by an estimated RM1.5bil, special payments to civil servants/pensioners, BR1M sustaining at RM6.8bil - are positive for the consumer sector.

Beneficiaries would be those that offer mass market consumer goods e.g. Nestle, Bison
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, 7-Eleven, Aeon Credit
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and even Padini, Old Town and Berjaya Food
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.
The start of construction of ECRL and Kuala Lumpur-Singapore Highspeed Railway in 2018 is positive for construction and building materials.

The bringing forward of the Klang Valley MRT 3 construction has been flagged earlier; it will provide job replenishment for the construction sector in 2019.

“Higher tourist arrival target of 28 million in 2018 (2016: 26.8 million) will benefit aviation (MAHB, AirAsia
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, AirAsia X
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), casinos (Genting Malaysia), F&B (Only World Group), duty-free operat operator (Atlan), among others.

Establishment of Pulau Pangkor as a duty free island may benefit YTL REIT and Atlan (presently, it has outlets in duty free islands of Langkawi and Tioman).

Maybank Reseacrh said the Budget 2018’s allocation of RM83.5mil to construct infrastructure for the first phase of Digital Free Trade Zone (DFTZ) in Aeropolis, KLIA, reaffirms the government’s commitment in embracing the digital economy.

“We believe that MAHB and the airlines will be the beneficiaries in the longer term,” it said.

What is new in Budget 2018 is the development of a Special Border Economic Zone in Bukit Kayu Hitam, which the research house believes is part of a larger plan following the Second Finance Minister’s working visit to Thailand in September 2017.

“Beneficiary, we believe, will be Atlan which has a duty-free outlet at Bukit Kayu Hitam and 772 acres of land, ripe for development,” said Maybank Research.


Atlan is Duty free international parent and the parcel of land in Bukit Kayu Hitam belongs to duty free international, surprise investors in Singapore do not seem to know about this news coming out from Malaysia. Once investors start to know about this news, share price will rise

This lot by lot buying of (4000 shares) has been going on for the past 2 weeks or so..
It seems that BBs are pushing the price down and accumulating at the same time. But they do not want to buy up too much if not the price will rise as other investors will rush in upon seeing price increase with large volume.

So their strategy is to put sell block at 28 to 30 cents to scare small investors into selling while slowly nimble (buy) from the sell queue SLOWLY but SURELY.

Today friday happening again. Everyday looks like algorithm buying.. 4 lots by 4 lots or 1 lot by 1 lot for the past 2-3 weeks everyday non stop

www.theindependent.sg/penang-songkhla-li...el-end-of-kra-canal/

Promising a better connectivity between two seaports that are the Penang Port in the northern peninsular of Malaysia to the Songkhla Port in southern Thailand will now move on to government-to-government discussions.
The first sign of the high-level talks came with reports that the Thai Prime Minister Prayut Chan-o-cha sees it as a positive development.

Some sources said the proposal was mooted during the Malaysian Second Finance Minister Johari Abdul Ghani’s visit to Thailand in mid-Sep 2017.

If the proposal becomes a reality, both countries are expected to see a good flow of goods and containers between Songkhla Port and Penang Port, bypassing the busy Straits of Malacca, and it could also replace the proposed Kra Canal at southern Thailand.

The two seaports are presently connected by a 226km road which passes through Bukit Kayu Hitam and the travelling time by car is about 3.5 hours.

Since the proposal was mooted, Malay Mail has reported that MMC Corporation, the shareholder of Penang Port, has proposed a 300km railway line (source: The Independent, 29 Sep) to connect the two ports, said Maybank IB Research today.

The proposed railway line will pass through Bukit Kayu Hitam (80km from Songkhla, 200km from Penang Port). The total travel time, including loading and unloading of cargo, could take just 9-10 hours compared to five days via a sea-route, passing through the Straits of Malacca. Both Thai and Malaysian governments will discuss on this in the next few weeks.

Maybank IB said it is positive on this proposal as it will help to speed up economic activities in the northern Peninsular.

“A major highway or railway line would also help to lift the movements of people (besides cargo) and tourism activities.

“For Atlan, it would benefit from higher spendings at its duty-free outlet at Bukit Kayu Hitam, sandwiched between the Thai and Malaysian Customs and Immigration checkpoints; it could also help kick-start major development on its large tract of land where its duty-free outlet sits.

“Besides Bukit Kayu Hitam (in Kedah), Atlan also has duty free outlets at the other border towns with Thailand – at Padang Besar (Perlis), Pengkalan Hulu (Perak) and Rantau Panjang (Kelantan),” said the Research house.


Atlan is Duty free international Parent company