Dear Fellow i3 Forumers

Below we list Palm Oil Versus Steel Insiders/Directors recent buying or selling activities

1) TSH RESOURCES

This one Insider has been buying & buying

TAN AIK PEN	14-Jan-2022	Acquired	100,000	-
TAN AIK PEN	13-Jan-2022	Acquired	100,000	-
TAN AIK PEN	12-Jan-2022	Acquired	150,000	-
TAN AIK PEN	11-Jan-2022	Acquired	150,000	-
TAN AIK PEN	10-Jan-2022	Acquired	150,000	-
TAN AIK PEN	07-Jan-2022	Acquired	150,000	-
TAN AIK PEN	06-Jan-2022	Acquired	150,000	-
TAN AIK PEN	05-Jan-2022	Acquired	150,000	-
TAN AIK PEN	04-Jan-2022	Acquired	150,000	-
TAN AIK PEN	03-Jan-2022	Acquired	150,000

2) SOP 

TANG TIONG ING	30-Nov-2021	Acquired	7,000	-
TANG TIONG ING	29-Nov-2021	Acquired	3,000	-
MR TANG TIONG ING	28-Jun-2021	Acquired	5,000	3.470
MR LING CHIONG SING	21-May-2021	Acquired	50,000	3.600
AGAPE INTERNATIONAL PTE LTD	19-Mar-2021	Acquired	6,750,000

Note: Director Tang Tiong Ing after long absence started buying recently.

3) JTIASA

MR TIONG CHIONG HEE	06-Jan-2022	Acquired	10,000	0.660
MR TIONG CHIONG HEE	05-Jan-2022	Acquired	120,000	0.655
MADAM TIONG CHOON	19-Mar-2020	Acquired	100,000	0.280

Note: Long time Director Tiong Chiong  Hee only now appeared buying Jtiasa shares for the 1st time

4) TAANN

DATO WONG KUO HEA	28-Dec-2021	Acquired	24,800	-
DATO WONG KUO HEA	27-Dec-2021	Acquired	18,000	-
DATO WONG KUO HEA	24-Dec-2021	Acquired	14,000	-
DATO WONG KUO HEA	23-Dec-2021	Acquired	13,000	-
DATO WONG KUO HEA	22-Dec-2021	Acquired	17,200	-
DATO WONG KUO HEA	21-Dec-2021	Acquired	47,000	-
DATO WONG KUO HEA	06-Sep-2021	Acquired	201,100	-
DATO WONG KUO HEA	27-May-2021	Acquired	5,000

Dato Wong, CEO of TA ANN in December 2021 alone bought TAANN shares 6 times

5) WTK

MR LIM HONG HIN	13-Jan-2022	Acquired	11,800	0.479
DATO' SRI PATRICK WONG HAW YEONG	31-Dec-2021	Acquired	100,000	0.451
MR LIM HONG HIN	16-Dec-2021	Acquired	17,200	0.438
MR LIM HONG HIN	26-Nov-2021	Acquired	20,000	0.453
MR LIM HONG HIN	25-Nov-2021	Acquired	40,000	0.478
DATO' SRI PATRICK WONG HAW YEONG	10-Mar-2021	Acquired	115,000	0.435
DATO' SRI PATRICK WONG HAW YEONG	05-Mar-2021	Acquired	72,000	0.430

For a very long time only Dato Sri Patrick Wong been buying WTK shares. Now Mr. Lim Hong Hin has joined the accumulation of WTK lately

6) FGV

Felda has offered to take (BUY ALL) FGV shares at Rm1.30. Date line extended to Feb 2022 (But curi curi buy from open market illegally??)

FEDERAL LAND DEVELOPMENT AUTHORITY (FELDA)	31-Dec-2021	Acquired	421,700	0.000
FEDERAL LAND DEVELOPMENT AUTHORITY (FELDA)	30-Dec-2021	Acquired	7,700	0.000
FEDERAL LAND DEVELOPMENT AUTHORITY (FELDA)	29-Dec-2021	Acquired	47,100	0.000
FEDERAL LAND DEVELOPMENT AUTHORITY (FELDA)	28-Dec-2021	Acquired	40,800	0.000
FEDERAL LAND DEVELOPMENT AUTHORITY (FELDA)	27-Dec-2021	Acquired	2,300	0.000
FEDERAL LAND DEVELOPMENT AUTHORITY (FELDA)	24-Dec-2021	Acquired	38,100	0.000
FEDERAL LAND DEVELOPMENT AUTHORITY (FELDA)	23-Dec-2021	Acquired	100,000

Note: Under Capital exercise is Felda "not" allowed to buy from open market when & which Mandatory Offer stands at Rm1.30 limit?

Will Felda offer a higher Buy Over Price next month?

7) THPLANT

Tabung Haji already owned 73.8% of ThPlant

Rumour reports out there

See

Tabung Haji may take its palm oil firm private

Palm oil prices are expected to remain high due to lower production.

KUALA LUMPUR: Lembaga Tabung Haji (TH) is considering taking its agricultural firm, TH Plantations Bhd, private, people with knowledge of the matter said amid a rally in palm oil prices.

TH has asked banks for proposals on the potential deal for the owner of palm oil and rubber plantations, one of the people said, asking not to be identified as the information is not public.

Shares in TH Plantations have risen 4% in the year to date, giving it a market value of about RM526 million. TH owns 73.8% of the company.

Discussions are still in the early stages and TH could decide not to proceed with the plan, the source said.

TH and TH Plantations did not respond to requests for comment today.

The potential privatisation of TH Plantations comes after palm oil prices reached an all-time high in May, triggering a flurry of deals activity among Malaysian planters.

Palm prices are expected to remain high due to lower production of palm oil and other oils, planters Sime Darby Plantation Bhd and FGV Holdings Bhd said this month, following the release of their latest quarterly earnings.

The challenges of meeting environmental, social and governance requirements around issues such as sustainability and labour rights are contributing to consolidation in the sector, according to analysts.

TH was set up in 1963 to offer shariah-compliant financial services for Islamic savers planning to make the pilgrimage to Mecca, Saudi Arabia. The state-owned fund, which also offers logistical assistance for pilgrims, has about nine million depositors and 123 branches, according to its website.

The government in July announced plans to improve the fund’s management and operations, including a move to list it as a prescribed Islamic financial institution.

8) IJMPLANT

Already taken private by KLK at Rm3.10 (Was Rm2.20)

KUALA LUMPUR KEPONG BERHAD	25-Nov-2021	Acquired	93,700	0.000
KUALA LUMPUR KEPONG BERHAD	25-Nov-2021	Acquired	20,425	0.000

KUALA LUMPUR (Sept 6): Kuala Lumpur Kepong Bhd (KLK) said it has completed the acquisition of a 56.2% stake in IJM Plantations Bhd from IJM Corp Bhd.

The group is now obliged to extend a mandatory general offer to acquire the remaining stake in IJM Plantations at RM3.10 per share. The takeover notice was served on the board of IJM Plantations on Aug 30, KLK said in a statement today.

KLK acquired the 56.2% stake at RM3.10 per share, or a total of RM1.53 billion, after IJM Corp accepted its June 11 offer.

Question is:

Why the Individual Director/Insider & Companies like KLK, Felda and Tabung Haji show interest in Palm oil? And both buying & taking private?

Do they all collectively SEE A BRIGHT FUTURE AHEAD?

ABOVE ARE PALM OIL

LET US SEE BELOW

1) LEONFUAT STEEL

MR TAN DID HENG	15-Sep-2021	Disposed	100,000	1.030
MR OOI SENG KHONG	11-Jun-2021	Disposed	405,900	1.190
MR OOI SENG KHONG	11-Jun-2021	Disposed	400,000	1.180
MR OOI SENG KHONG	10-Jun-2021	Disposed	200,000	1.170
MR OOI SENG KHONG	10-Jun-2021	Disposed	100,000	1.180
MR TAN SACK SEN	03-Jun-2021	Disposed	100,000	1.080

Three Directors are selling Leonfuat

2) AYS STEEL

MR TOH TUAN SUN	03-Nov-2021	Others	0	-
OH CHIEW HO	03-Nov-2021	Others	0	-
MR TOH TUAN SUN	22-Sep-2021	Disposed	400,000	0.699
MR TOH TUAN SUN	01-Sep-2021	Disposed	294,000	0.617

Director sold AYS as low as 61.7 sen (So anything above 61.7 sen would be deemed worth selling

Last time while people chased Jaks at Rm1.60 Calvin saw Insider Director sold Jaks and gave warning but unheeded by the maddening crowd then. Jaks crashed from Rm1.60 to 40 sen later

3) ANNJOO STEEL

DATUK KAMARUDIN BIN MD ALI	02-Dec-2021	Disposed	30,000	1.743
DATO' LIM AUN CHUAN	10-Sep-2021	Disposed	51,000	2.950
DATO' LIM AUN CHUAN	07-Sep-2021	Disposed	40,000	2.900
DATO' LIM AUN CHUAN	03-Sep-2021	Disposed	40,000	2.820
DATO' LIM KIAM LAM	01-Jun-2021	Others	133,875	-
DATO' LIM KIAM LAM	01-Jun-2021	Others	133,875	-
DATUK KAMARUDIN BIN MD ALI	27-Apr-2021	Disposed	10,000	2.665
DATUK KAMARUDIN BIN MD ALI	26-Apr-2021	Disposed	15,000	2.733

3 Different Directors are selling Annjoo Steel

Annjoo steel which exports most of its steel to Singapore will be hit hardest by

a) Greatearth Contractor (Spore) payment default

b) Singapore Govt clamp down on overheated Real estate

Why these Steel Insiders are selling since Steel prices are now so high like palm oil?

The answer could be: They see great danger ahead from Singapore & China Real Estate collapse leading to non payment of goods sold & receivables later turn into bad debts just like Sendai. Sendai after Receivables (IOU)) in balance sheet turned bad debts crashed from Rm1.60 to 20 sen for a huge loss of 80% capital wipe out!

Best regards

Calvin Tan

Please buy or sell after doing your own due diligence or consult your remisier/fund manager