whar happened to HWGB - ho wah genting berhad, also under genting group or maybe not? they were also working on vaccine? how is this different to Taurx?

How come HY Q report never make any announcement on derivative gain/loss but rather mention lower crack margin, which is not correct ? management also never mention about derivative positions?

company is adopting incorrect business model, for most if not all power plant/solar based projects, financing can only be raised via long term bond/sukuk arrangements, whereby the returns will be almost flat but guaranteed for long term say 25-30 years, these type of investments are not for retail investors, as there will be close to zero dividend.... therefore in my opinion, either tenaga or khazanah shd acquire this company for long term national building and RE target achievements.... while retail investor shd just stay away, either way main shareholders are seen diluting their interest, and wonder who the private placements were made to?

just saw news that indon govt is barring its workers to come to malaysia to harvest CPO, and therefore looks like production for 2022 will most probably be lower than 2021 overall, meaning revenue will probably be also lower, but if demand keeps the same and supply is low, rightfully it shd pressure the price to move up..... therefore less production, less sales but price move higher.... if alls well, we will end up having same revenue in 2022 compared to 2021.... what say u?

thanks or no thanks to 1MDB ... ambank price got shot down, and now making its way back into the PE of its peers, hope this will sustain..... nearest to ambank is cimb, forward looking PE

in tsh we trust :-) .... my first choise was actually hsplant, but almost doing equally as bad, then u have the dividend counters, cepat, bplant, inno... neer go down much but also never to up... lastly u have the almost zero trading.... chin, kfima, kretam...... inching away upwards unnoticed,,,,, indons have cancelled crossing the channel to harvest cpo.... they need to find a way to extract juice while fruits still up on tree :-)

Supermx made 0.49c eps and issued 3c div, that helped sentiment as 3/1.03 is 2.9% yield, TG made 1.09c eps in Q Feb, not sure if next Q can also make 1c but my guess will be lower, and if no div....sure price will take hit, another surprise supermx has 2.9b cash where asTG has only 560m cash... hmmm

Commentaries are commentaries, if one dexide to follow it one has no one to blame but oneself, there are more dishonest people out there than honest ones so what so u expect, importantly do ur homework, access ur risk apetite so as to know what counters to stay away from, and never blame anyone else for ur decision, after all did kyy put a gun to ur head and ask to buy... but I'm sure some have benefitted from kyy using reverse psychology methods and being 1 step ahead of his predicted advices... Happy hunting

calvin.... try not to over-sell your position, you have raised many good points but beyond that there is the market and its multitude of players, muititude of sentiments that goes into the pricing of a share, how about promoting some of the other CPO counters that is not so mentioned and are doing better than TSH at this point. Sometimes a counter tries to weed out contra players before heading on its way, and TSH could be weeding off over-selling sentiments before normalising... meanwhile let's look at wtk, kfima, kretam, inno, cepat, and the rest of the geng :-)

subur... is a funny case lah, good business, and now with CPO u, profits coming but have run out of cash to run daily business, and then when you see the BS - balance sheet and not bullsheet - there is a 53m treasury shares, who ask to go buy ur shares, when you cud have used it for working capital.... lesson 101 of how to apply wrong strategy, and then have people like kyy out o fblue promote the counter and make ppl get sucked in..... just look at kfima, quiet counter quiently planting its palm oil trees, no one kacau..... only me, and its slowly gaining ground.... no hu ha no margin call no kyy :-) happy hunting

@skoh888... haha when boss not around I grab phone and log in heee

So was it right to average down yesterday at 1.26 only time wi tell... its hit1.30 bout noon... but will it stay? Stay tuned till end of this program... don't switch channel even if advert come out

yo people.... do check on EPS and rolling and forward 4Q results of RHB and Ambank..... they are better than CIMB and the other banks, do homework and decide.

kretam has good upside, looking at few factors 1) price upside still there (current price 61c is still the same as what it was in early Feb), 2) decent Q result of 1.97 eps, and assume x4 thats PE of 7.6x; 3) usd to rm exchange rate enables better earnings (as CPO sold in us$), 4) lower harvest dragged eps lower so had upside in next Q.... happy investing

early feb 22, price was about 3.70 and today its 5.52; so thats 50% increse in price, and i believe it has absorbed the higher CPO into the price already, if price can stay around here will be good enough already, but there could be upside, coming from CPOprice breaching 7,000 or prolonged soviet war, or further RM rate deterioration... but far fetched wishful thinking if you ask me.... better to turn to CPO counters where the price increase is about 15-30% compared to early Feb - where the price has upside left.

@nazrzach .... no thats not correct, q3 showed overall profit of 307m, which includes 317m gain of -ve goodwill (as IFRS says any -ve goodwill shd be charged to profit and loss account). Therefore to get to the "real" profit before -ve goodwill, its 307 - 317 = -10.... but mngt justified this loss by saying that they were short of 1 offtake which did not take place, otherwise i guess it would have been perhaps 20-25m profit. Remember q3 only sold about 500,000 boe, which is low, in the whole of q1-q3 total sales was 2.6m boe. Lastly, mnt forecasts that they will sell 2m boe in q4. This q4 sale will most probably (unless brent crashes in June) be at higher per unit sale compared to q3 and previous quarters. Hope this is clear.

Month end window dressing I'm guessing, from 1.35 to 1.40 without gap very unusual.... but then again Brent shot up too, as well as usual vs RM, tripple whammy gain for hibiscus... Brent up, RM down since crude sold in USD, and 2m boe awaiting Q4 sales.

I respect ur balls of steel....Calvin, I dare not go in anymore, focusing on my portfolio distribution covering banks

Great move skoh888.... those who can monitor closely can do this, I'm weak when it comes to cut-loss positions.... sometimes I ignore and the when goes below that ...aisey forgot to sell ok lah keep.... heeee no discipline

Yup event cud be window dressing for mth end pricing and big boys portfolio realignment.... not to be alarmed.... or TSH doing share buyback to shock shareholders same time LOL... stay tough guys, but really happy on FGV announcement ....against all odds

what just happened.... in last 15mins, 7m shares traded at 1.26 !!! just like that someone decided to park to buy and someone conveniently sold equally.... if this is not manipulation then what is? Reverse happened at hibiscus..... from 1.35 to 1.40.... bang bang bang, interesting days

@GrowthCapitalist ..... the public spread was announced by management itself, where they stated that the top 5 or 10 largest shareholders only hold a small portion, therefore leaving a big portion out there for trading, you can say hibiscus belongs to the people...
in Q3 announced 307m profit but this included 317m of negative goodwill, therefore if you strip out -ve goodwill it was actually a loss of 10m but management justified it by saying that 1 offtake was missed in the month, where generally there is about 11 offtakes in a year and therefore there will be one mth where there there will be 1 offtake lacking and this was the mth.... for on of their reservoirs... nevertheless mngt said will make up for this in the 2m boe equivalent sales that will be made in Q4, which only time can tell

QR commentary other than stating mathamatical variance from last year Q and last Q makes to attempt to explain how come continue to do business with negative gross margin.... there were better off not engaging in work altogether.... half if not more from middle east... which is now cash rich due to high brent

@zhangzuode.... yes IFRS says if the studies are pertaining to future income generation that can be proved to some extent, then can be capitalised and amortised there on. Same with the negative goodwill which is a good thing actually - meaning they paid less than the NTA means they can capitalise the sum, as non distributable reserves, all sounds good, furthermore repsol returns were from an associate and therefore did not show in the revenue, but was present in the PBT, all good... nevertheless the market did not think so.

nice article @skoh888 ... i like ur2 suggestions, and im taking the first suggestion, and have already gone in, but on your point about IB, im sure u know that they issue 15 CWs and then someone will issue 1 PW... where is the fairness in this? Naturally it will be in their interest to push the mother share down, thats just their strategy, just like short selling, the strategy is clear, but you mentioned JTiasa has no CWs and yet not doing well.... thats a good point, how about hibiscus? any opinion?

good days are long gone....although supermax offered a decent 3% dividend yield, thats all we can hope for if still interested....otherwise banking counters are better bet

unlike glove counters where the profit shot up 1000%, this will not happen with oil palm, nevertheless there is a decent increase in profit from at least 3 mths ago, although some recorded flay QonQ results, a decent price increase to about RM1,70-1.80 will be nice for a change.... and from there on depending on CPO price can fluctuate 10-15% up or down.... we shd keep our targets reasonable thats all..... 'ib or not, the truth will prevail

@Vtrade.... tip nie mngt dah bagi dlm Q3 announcement :-)

one of hibiscus problem is high public shareholding, therefore almost all the 2b shares are out there being traded.... high volatility, and in the last Qtr results, management did the unexpected, when they made a "forecast" of Q4 when it was not needed at all !!! in fact i have not seen any company being so factual about the coming quarter production and numbers, but that only means management wants to be transparent.... what the forecast says, is that they will make more money in this 1 quarter, compared to what they did in the last 3 quarters !! If investors cant read this.... i dont no who else can

TSH... one of the few CPO companies that bucked the trend of lower production in Q1 compared to Q4 as most others did.... and yet got punished, amazing reverse psychology

the story of airasia, is one of unfortunate circumstances, just as it comes out of covid it is hit my energy crisis, it has about RM600m+ of depreciation and finance cost hurdle, which means just to make zero profit it needs an EBITDA of RM600m+ while in the last Q the EBITDA was only RM308m : NOT 308m profit but 308m loss !!! with the qtr previous to that RM200m loss also, therefore it will take many quarters for airasia to come into the black....

next support is 1.22 ..... i believe if this support breaches then shd cut loss and wait, we are already into the end of the 2nd mth of Q4, and brent has been above 110 therefore Q4 profits will be extraordinary with other 2million boe sold, someone out there is scaring the small time investors for no reason

nice analysis, although i found it a little confusing on the AE part, but in summary BOE sales in Q4 alone (2.076m) will be 45% of the whole FY2022 boe sales (4.656m), and looing at the high price of brent today (may25) at 114, and with expectation that it will remain above 100 till 31 june 2022, hibiscus is expected to make bumper profits?

sometimes just purely looking at price spikes makes us think thats the price for the month, for example when cpo touched RM7000 plus in march, truth is that YTD jan to may the average price is only 5604.... assuming this average is the same for 2022, then earnings will be good.... which is tough, as we can expect price to go lower to adjust against russian ukraine war, weather, etc that made the price go up in the first place.... more likely average price for 2022 will be about 5000 and coupled with minimum wage and low workers for harvesting.... earnings will perhaps revert to what it was in 2021.... just my 2sen analysis

in short, when u hear people over publise certain counters just make sure you DONT buy them... example, subur tiasa, jaya tiasa, tsh, hengyuen, ..... and when IBs say dont buy certain counters, actually u shd buy them.... more on long term gains

you have your point calvin, but its hard to prove these so called sindikets and ib strategy, in order for them to surpress the mother share price, they need to stock up heavily in order to be able to sell, dont tell me they buy and and sell same time !! if they do this then price will stay the same.... so if what you say is true, then u need to prove how it works

it will take probably another qtr or 2 before hitting profits, but up is a sure thing over time... meanwhile hold and ride the loss opportunity cost

so calvintaneng.... how do we fight the IBs? i am ready with my belt, and pen knife.... lets go to war :-)

this Q eps at 3.14, and with good strong orderbook, and assuming 3.14 x 4 = 12.56, thats puts p/e with current price of 44c at 3,5x, even if the earnings was discounted 20% to then p/e is 4.4x .... isnt that too low for energy company? cud it be because no div therefore shunned by institiunal investors?

Taann and SOP has increased more than 100% since mid last year, whereas counters like TSH, Inno only marginally increased... perhaps Taann and SOP already absorb all the high expectations

report says expected to produce/sell 4.6m boe as of FY2022, or july 21 - june 22, and since they have sold 2.6m boe as of Q3 cummulative, it means that Q4 alone they will sell 2m boe..... just in 1 quarter !!! Secondly, they sold about 1.5m boe in Q3 and made 15c EPS, that means Q4 EPS will be 20c prorated assume same price..... full year FY2022, thats about 40c EPS and against price of RM1.37 thats P/E of 3.425.... is this correct?

most cpo counters trading in range of 10-16 pe ratio.... with likes of cepat and sarawak in the low ranges and ioi and klk in the high ranges..... which will prove the better?

amazingly ommited out the single most important palm oil counter in the calculations..... KLK, it may not just up 100% but surely its the sturdeast and strongest of all if ever there was a downturn

ok calvintaneng.... just 1 tip for me... real one :-) and i will use to determine ur word ...can ah?

guys or girls.... can we maintain some civil in our conversations, no need to bring mum and others into it, share trading is a bit like roller coaster ride... kadang kala up kadang kala down..... when up treat urself to steak when down go eat maggi mee... simple rule

i really dont understand whats the panic and doomsday proponents, lets just want until this month end, TG will be announcing their q result, and we can see if all these hype on gloves sell down is justified? Gloves are based on fundamentals, whereas vaccines is based on assumptions and forecast.... i would rather invest in REAL. Of oucrse in between there are ups and downs and yes you can sell all and buy all and no one will stop u, but in the end the funds have to be invested in something... and my something is glove shares

just think about it..... about a month ago, glove counters were flying sky high, looked like nothing cud bring it down, contra players were having feast days, then came the penny "related glove/masks/health" stocks meteoric rise, this gave glove counters some cooling time, and now vaccine play.... more cooling time for gloves, all these was to weed off contra players (pls dont get me wrong i do contra myself at times), bonus issue is around the corner.... and who is left at the gloves... ardent long term investors, who in the end will sip their wine and go into the sunset... isnt that just so scripted .... tell me im wrong

beinvested ....i like your story of 24.14 and the story of Noah's Ark ... sweet :-)

what are the other vaccine-medical related counters here? Thx

on the subject, i wud also like to promote karex.... with their new brand sperm-max... double coated rubber for max protection... coming near your neighborhood store, can buy for your horny boyfren :-) pls support