Once production start, YBS will be the multi bagger stock in 2024.
Current market cap is only RM167mil, I think give it 2 years time, it will become RM1,670mil (10 times)

Everybody has forgot Hexcare (Rubberex).
Will Hexcare turn into profit like Harta?

Both Intco and Bluesail (China biggest glove producer) has reach 100% capacity.
They have start raising the ASP, some buyer has move their order to Malaysia.

Revenue for the current quarter increased by RM 12 million or 2.7% as compared to the preceding
quarter (Q1FY24) mainly due to the improvement in sales volume of 8%.

Included in the loss before tax in the preceding quarter was an amount of RM 47 million in respect
of the provision of severance pay. Aside from this, the Group’s performance has improved as
compared to the preceding quarter mainly attributable to lower raw material costs and operating
costs, as well as cost savings deriving from the operational rationalisation exercise as further
elaborated in note B3.

Hehe... top secret.

Yup, the picture is getting more n more clearer.
Once it is 100% clear, price is already at RM1.80++

From fundamental perspective, 50sen is already at the high side valuation.
Anything above 50sen is no longer fundamental support, it is purely goreng sahaja.

Please take note M&E business is a very competitive business, profit margin very thin.
You can secure many project, but you must management it carefully, coz the margin is very thin (5-8%), any mistake or project delay will eat up your profit.
Fair value should be 35sen-40sen.
Below 30 sen is a good grab.

waiting for announcement

Yup, Realrich is still too young, hard to explain to him, his knowledge or understanding is fresh from text book.
He keep on stuck on this two question :-
1) When company issue new share, who is going to pay the RM0.60. He keep on saying Ekovest & IWCity has no cash, how to buy new share at RM0.60.

2) After new share issue, company value will be dilute, the share price will be lower. He even using Ex-dividend share price drop as an example to proof this. OMG.

Hope someone here can guide him understand this two question, if not he will forever stuck there.

Why Malaysia Player cannot fight with Foreign Player?
1) Our machine & Technology are old?
2) Our manpower cost is higher?
3) Our Natural gas is more expensive then their coal?
4) Our government not support, while other country government is supporting their glove player?

Answer:
1) Yes, but we have slowly closed down those old factory, so we are slowly improve.
2) Yes, because US and Europe say we force labour, force us to give high salary good benefit to worker. China no force labour, Thailand no force labour?
3) Yes, natural gas is more friendly to environment. US & Europe buyer request us to meet the ESG, and they are buying from China which is no ESG compliance. What the F***.
4) Yes, our government has do nothing to help glove player. In their mindset, Glove player is still earning billion of dollar every year, no need to help. Actually glove player no need money help from government, glove player just need government to back up them with better policy.

It depends on how you value the company.
If you think Ekovest is a lousy company, IWH & IWCity is a lousy asset, then off course you think the proposal is a bad news.
If from the other side, if you think Ekovest is a good company, IWH & IWCity is a very valuable asset, then you will like the deal, because once both of them consolidate, Ekovest will become one of the top player (i.e. Like IJM, GAMUDA), and RM0.60 is really very cheap.

So, to all the Ekovest investor to believe the share price will go above RM0.60, just hold and ignore the noise.
For all Ekovest hater who don't wish to see Ekovest share price go up, please continue to make noise and attack whatever you want.

To earn money from stock market is not easy.
New share offer price is RM0.60, current price is RM0.475.
Theoretically, market price should go up to RM0.60, so at least it is on par with the new issue price.
However, to earn this RM0.125, it is not easy, as there are many noise you to to filter :-
1) Someone will tell you RM0.60 is over-value.
2) Someone will tell you the deal will be cancel / rejected by bursa.
3) Someone tell you it will take 1-2 years to complete
4) Someone tell you the company is lousy, high debt, high risk,, so not advise to hold.

So, if one day in future the price really reach RM0.60, then you should congratulate to yourself, you have overcome all the obstacle, survive from all the attack.
Some people always look down at investor who make money at stock market, they feel that this is fast money easy money, no hardworking have been put in. But for me, to make money from stock market is really not an easy job, I always respect anyone who make money as I know he must be overcome many obstacle before he can reach to victory.

This counter is being cornered d, floating share is very minimal.
Once the news is confirmed, then immediately will shoot above RM1.

As per my own calculation, RM750mil is the entire company market cap.
RM750mil / 600mil share, approximately RM1.25.

As I mentioned earlier, this is real deal.

Many people still cannot see the picture

Perhaps you are too young in the market.

Good news good news.

Good news good news.

Good news good news.

I believe Ekovest will come out announcement later tonight.

Last time when The Edge first reported that Boustead have intention to dispose BPLANT, Boustead also announce that it has not aware about any agreement entered by its major shareholder LTAT.

This type of announcement make us more convince there is something brewing.

We refer to the query from Bursa Malaysia Securities Berhad (“Bursa Securities”) via its letter dated 26 October 2023 in relation to the Article Entitled: "Tycoon Quek's Hong Leong considering sale of Southern Steel stake, sources say" appearing in The Edge Malaysia dated 25 October 2023.

The Company, having made due inquiry with its Board of Directors, its major shareholder and all such other persons reasonably familiar with the matter, wishes to confirm that as of the date of this announcement, it is not aware of any agreement involving the Company entered into by the major shareholder which requires disclosure pursuant to Main Market Listing Requirements of Bursa Securities (“MMLR”).

The Company will make the necessary announcement to Bursa Securities when it becomes aware of any material development involving the Company, in compliance with its obligations under the MMLR.

Shareholders and investors are advised to exercise caution in trading in the shares of the Company.

Lower Low, Lower High.
From chart perspective, sorry to said that this counter likely will continue go down.

Will announcement made today?

Will my SSPN saving kaput?

Real deal, not fake rumour

***RM750mil***

Any price above the NTA will be a good price

No doubt Hexza management team is very good in US stock investing.
However, this kind of continuous investment strategy will not benefit the shareholder.
No matter how many million he earned, he will just continue invest, he is not going to distribute the profit to you.
So you will see the NTA increase every quarter, but the share price will not move up much, as the dividend is remain low. After few year when NTA reach to RM3, the share price maybe still hang around RM0.80 - 1.10, if the dividend remain 3-4sen.

However, if Hexza is a unit trust, then it will be good, because unit trust price is based on the daily NAV

Free flow market price is good for business.
For every business, there should be a reasonable profit margin.
For businessman to invest RM100mil to build the layer farm, you cannot tell the businessman the profit margin is 3% per annum only. If like that, the businessman better put all his money into bank FD, why he want to waste his time, his brain, his experience to run the business to earn the 3%.
So, with the free flow price, those player that not competence, not cost efficiency, will be quit the business, and those who smart, very good in running business, will earn a reasonable profit.

No more Bandar Malaysia?

Personally I think PWF is one of the most potential Poultry Stock to be benefited from the Budget 2024.
1) Its has completed its extension plan, so no more capital expenditure.
2) Capacity has increase a lot compare to previous year, so its revenue will gradually increase till RM200mil per quarter.
3) It is quite cost efficiency compare to other Poultry counter, so with no more ceiling price control by government, I expected it profit margin will be higher.
4) The boss is very generous, keep on distribute cash dividend and bonus issue. Unlike other counter (i.e LAYXXXX), the boss very stingy and none of the minority shareholder can gain benefit from him.

Conclusion, I believe this counter will very soon back to RM0.80++ level (the price before it bonus issue) as remove of chicken & egg ceiling price is a very good news for this counter. This is long term good news, it is not a one shot good news for hit & run, it is a permanent long term good news as government is start removing subsidy and control, let the market price determine by the supply & demand.

For the past few years (2020-2023), many player has stop / slowdown the expansion plan, so I believe the entire market has a gap between supply & demand, and this gap will take around 1-2 years to close down. Meaning, chicken and egg price will be increase within this two years, before market is oversupply and bring the price down again.

This director keep selling, he still have 45mil share waiting to dump.

TDM should dispose all its plantation to KLK.
I am not sure how much it worth, but should be around RM800mil.
After disposal, TDM will become a pure Healthcare counter, with plenty of net cash on hand.
Financing cost will become zero.
Then build few more hospital, increase the beds number to 1000 beds.
By that time, TDM should be able to generate Net Profit around RM10-15mil per quarter, annual profit around RM50mil.
Based on 20x PE, TDM market will be around RM1bil.
Divided by number of share of 1.7bil, minimum share price is around RM0.60 per share. (haven't take into account the net cash it has in its bank account)

Hoot 9e BPLANT

Read this: KENANGA MAINTAIN BUY CALL FOR BPLANT AT TP RM1.55

https://klse.i3investor.com/web/blog/detail/kenangaresearch/2023-10-05-story-h-218745391-Boustead_Plantations_Bhd_LTAT_to_Replace_KLK_in_MGO_at_RM1_55

KLK is continue buying from the market, very soon you will see announcement that KLK emerge as substantial shareholder of BPLANT, with above 5.00% share on hand.

No lose for KLK.
If LTAT firm the offer, KLK can sell it to LTAT with 10%-15% gain (within 6 month).
Sure LTAT will continue the offer, because now BPLANT is listed company, all the things is transparent and cannot hide from public. But once it privatised, then different story, LTAT can do anything (rename BPlant to some common name where no one will aware, split Bplant asset into many small company and sold it, sell the land instead of sell the company....etc).

Just like Boustead privatisation, now you seldom can see Boustead news on paper. You wont know did LTAT start selling Boustead Prime Asset (Royale Chulan Hotel, BHP Petrol), maybe some of the asset already sold, but you wont know, coz they have no obligation to announce to public.

Please put yourself into KLK shoe:-

1) KLK already forked out RM100mil to buy the 69mil share from open market. If KLK dispose the share tomorrow and next business day, KLK will have to recognise a realised losses of at least RM50mil-RM60mil. And

2) You need to understand that why the deal being called off, mainly is because of political parties playing the bumiputra issue. So if today Bplant is selling to another Bumiputra company (i.e. Syed Mohktar), do you think it still will be called off? The answer is No, the deal will 100% success. So, as BSTEAD Holding is really really facing cash flow problem, so they have no choice but to find another buyer soon. And this round, there wont be any Chinese company or foreign company participate, so only the few Malay conglomerate companies will participate, and they have no choice to offer higher price, because if they offer below RM1.55, then it will be not fair to all the BPLANT shareholder, why you reject a higher price offer and accept lower price offer.

So back to the topic, if you are KLK, with the 69mil share on hand, now you are the 3rd largest shareholder in BPLANT. If you dispose it, you will having big realised loss. But if you keep the share, or even purchase additional 160 mil share from the market, then KLK shareholding in BPLANT will reach to a significant level of 10%, then KLK will become the King Maker in BPLANT. With this 10% share on hand, KLK can play a very important role in any future decision of BPLANT, no one can privatise BPLAT, no one can takeover BPLANT.

Please put yourself into KLK shoe:-

1) KLK already forked out RM100mil to buy the 69mil share from open market. If KLK dispose the share tomorrow and next business day, KLK will have to recognise a realised losses of at least RM50mil-RM60mil. And

2) You need to understand that why the deal being called off, mainly is because of political parties playing the bumiputra issue. So if today Bplant is selling to another Bumiputra company (i.e. Syed Mohktar), do you think it still will be called off? The answer is No, the deal will 100% success. So, as BSTEAD Holding is really really facing cash flow problem, so they have no choice but to find another buyer soon. And this round, there wont be any Chinese company or foreign company participate, so only the few Malay conglomerate companies will participate, and they have no choice to offer higher price, because if they offer below RM1.55, then it will be not fair to all the BPLANT shareholder, why you reject a higher price offer and accept lower price offer.

So back to the topic, if you are KLK, with the 69mil share on hand, now you are the 3rd largest shareholder in BPLANT. If you dispose it, you will having big realised loss. But if you keep the share, or even purchase additional 160 mil share from the market, then KLK shareholding in BPLANT will reach to a significant level of 10%, then KLK will become the King Maker in BPLANT. With this 10% share on hand, KLK can play a very important role in any future decision of BPLANT, no one can privatise BPLAT, no one can takeover BPLANT.

I feel that many investor here is always waiting to collect TopGlove.
They always like to post something like "Next week TP 0.60, Next month TP 0.50....etc"
Why like that leh?
If you want to collect, you just collect quietly, why you want to posting something and expect other shareholders affect by you and throw their share to you.
If you don't like Topglove, then you just leave it alone la, why want to come here.
For myself, I only focus on counter that I want to collect, I wont go to counter that I don't like and keep comment bad word there.
For example: If I don't like KNM, I wont bother about it, I wont look at it, no matter it drop to 10sen or 1sen, it doesn't matter for me. Why I want to go to KNM Thread and always post something like "Next week TP 5sen, next month TP 2sen".

Just take one of my Aunty as an example, this Aunty inherited a Sdn Bhd from her father.
The father is running a small business at KL at 1980s, and at that time they have bought some vacant land beside its shop.
Based on the book value, this Sdn Bhd has a vacant land with carrying value of RM800-900k.
But if you really hire a property valuer go to value that piece of land (located at one of the city centre), I bet minimum it worth around RM10-15mil, which is 10-15 times of its book carrying value.
I don't know what policy government can do, but I think we need a merchanism for all company to reflected its market value, rather than keep everything at the original purchase cost

Agreed with OTB, our Malaysia Stock Market has underperform its peer for many many years.
To make KLCI great again, basically we just need few factor:-
1) Stable Government, Stable Politic.
2) Attract more foreign fund to come in.
3) Increase EPF or Institution investment allocation in Malaysia
4) Change some accounting standard or policy, to force all listed company must revalue their assets every 2 years.
5) Implement financial / investment education at all college & university. Every year, Malaysia has 400k-500k university student enrolled, if every university students has study about financial knowledge, know what is share market, how to invest in share market, then all these student will join the stock market are they graduate, so within 5 years time, you can expect there is additional 2-3million retail investor in our Bursa market.
Currently, there are many listed company keep their assets at very low book value, all these assets are the land, properties that they have purchase 10 years, 20 years or 30 years ago. Many of these assets has increase value by 2, folds, 3 folds, or even 10 folds, but all these value are not reflected in their book.

Also, recently our government has propose to have capital gain tax on non-listed company. I think this also can be a good news for KLCI, as I believe many giant size non-listed company may expedite their progress to get listed in KLSE.

So overall, hope the current government can continue to manage the country for next 5 years - 10 years, then we will see a prosperity Malaysia.

I think there are few solutions can be proposed:-

1) Extend the deal for another 3 months - 6 month, then everybody will forgot it d
2) Loop in KWSP or PNB as the joint offeror, so Bumiputra won't feel that their share has been diluted
3) KLK reduce the acquistion stake first (i.e. from 33% reduce to 25%), then after half year, BPlant facing financial problem, and do private placement (i.e. additional 10%-20% share) to KLK, or right issue at high price, whereby LTAT cannot subscribe, then KLK will absorb all the right issue.

My US fren told me:-

Currently, US is rely on imported glove, so they welcome the cheap price glove from China. Moving forward, once there are more n more manufacturer setup in US, US will start to impose the Anti Dumpling Law against China, because those China Manufacturer are selling their product below their own cost, so this is not fair to US Glove Player.
By that time, China player will be force to increase their price and they will become less competitive. And Supermax US Factory will be benefit from this.

YBS, still alive.

撇除2021 & 2022 油棕价的飙升， 你看回过去10年，也就是 2014 - 2023， 其实 RSAWIT　的营业额已经从每季度 RM50-60m 到 RM100-120m，　所以说这间公司其实是有在成长的，只不过在成本管理差了一些，希望管理层可以好好的经营这间公司。

@NatsukoMishima, I am not sure whether you have read the Intco financial report that just released yesterday.
At summary level, Intco is making profit in Q2'2023.
But after I spending 2 hours read the detailed financial report, I found that actually the glove operation is not profitable, the profit is actually come from its other income (i.e. Investment income).

FYI, Intco has invested up to RMB 6-7bil into money market or short term investment. At the same time, Intco has stop its expansion plan, now it only maintain 48bil Nitrile Glove, and company did not mention any further expansion in near future.

As China has stop its expansion, and Malaysia has reduce the capacity via discontinue those old factory, glove price has been stable.

China player won't reduce its ASP anymore, and they will follow Malaysia to increase the ASP accordingly (maintain 10-15% below Malaysia ASP, as nobody will buy their glove if they offer the same price as Malaysia)