YTL during meeting with investor has indirectly indicated they are bidding for Bplant.

Meanwhile, the group explained that the recent bid for Boustead Plantations Bhd is related to the expansion of its data centre business.

https://www.thestar.com.my/business/business-news/2023/06/30/bullish-dividend-plan-by-ytl-corp

good news coming? Very bullish

look like operator is collecting, not distributing....

https://oilprice.com/Energy/Energy-General/US-Diesel-Prices-Are-Back-Above-5.html
U.S. Diesel Prices Are Back Above $5

By Tsvetana Paraskova - Aug 30, 2022, 11:00 AM CDT

Low inventories sent the national average diesel price in the United States back above $5, the first weekly price increase in more than two months.

Distillate fuel inventories in the Northeast are particularly low, with supplies of diesel fuel and heating oil in New England currently 63% below the five-year average.

There is a growing fear that an extreme weather event could significantly disrupt distillate supply in the North East.

no easy fit to diesel shortage in next few months, at least...

https://oilprice.com/Energy/Energy-General/US-Diesel-Prices-Are-Back-Above-5.html

U.S. Diesel Prices Are Back Above $5

By Tsvetana Paraskova - Aug 30, 2022, 11:00 AM CDT

Low inventories sent the national average diesel price in the United States back above $5, the first weekly price increase in more than two months.

Distillate fuel inventories in the Northeast are particularly low, with supplies of diesel fuel and heating oil in New England currently 63% below the five-year average.

There is a growing fear that an extreme weather event could significantly disrupt distillate supply in the North East.

oil jump 5%, gasoline up 6%

https://oilprice.com/Latest-Energy-News/World-News/US-Slaps-New-Oil-Sanctions-On-Iran-Amid-Stalled-Nuclear-Negotiations.html

https://www.investing.com/analysis/hurricane-or-recession-which-is-a-bigger-issue-for-oil-over-the-next-60-days-200626560

https://www.youtube.com/watch?v=4IHk5fzk8Cs
Kenanga Oil & Gas Sector Outlook: Understanding the Fundamentals of Black Gold

based on uncle kyy logic, can only buy when uptrend. Now has to chase high when it is uptrend...

downtrend becomes uptrend...

if warren buffet still betting on oil and refinery stocks, this means he is still bullish on upstream oil and gas.

https://www.forbes.com/sites/sergeiklebnikov/2022/06/23/warren-buffett-adds-to-massive-stake-in-occidental-petroleum-buying-the-dip-after-oil-prices-drop/?sh=6ce0c126346a

chinaman mean operators want to squeeze everything juice out first. But it won't be long... Second wave is coming

https://www.forbes.com/sites/sergeiklebnikov/2022/06/23/warren-buffett-adds-to-massive-stake-in-occidental-petroleum-buying-the-dip-after-oil-prices-drop/?sh=21b6cdd3346a

look like big funds want to push up again thru the edge article. let see how the mkt performs tomo. Surely Hy and Petron worth a second look...

https://www.theedgemarkets.com/article/after-36-fall-peak-hengyuan-worth-second-look

haha, you got 10 lots become 50 lots after bonus issue...

All time high quarterly net profit, bonus issue 4 to 1 and dividend... wow

gone case... many people trapped. History repeat again for those chased high.

haha, all time high again...

There is no many green plants on earth producing silicon at low costs like PMB Tech.

High energy cost is here to say due to carbon taxes and green energy drive.

Elkem's latest QR

Best quarterly and annual result ever

Highlighting global EV growth as EV support silicones sales as EV needs 4x more silicones vs regular cars..

I believe PMB Tech has a lot of happy investor.

i am interested to buy low ie when the selling is over as i see opportunites to buy cheap after this mega sales. And for local tech stock i only interested in MPI. Just like i see good opportunity to buy HK tech stocks like Tencent and Alibaba and Hs tech ETF and i am buying agreesively hk tech stocks in stages recently. I started to see good profit in tencent and HS Tech etf.

certain poor tech stocks will correct more... good one will come back fast.

Technology affects almost every aspect of 21st century life, from handphone to EV, from communication to logistic and e-commerce, from transport efficiency and safety, to access to food and healthcare, socialization and productivity....

gloves can increase the production in 6 months and capitalised on one off even ie covid.

Tech is same as gloves?

https://finance.yahoo.com/news/nasdaq-hides-deeper-pain-over-161954247.html


More than 36% of the stocks in the index are down at least 50% from their 52-week highs
However, Semicon index only dropped 2.5% from the top...still very strong.
Mega cap like Apple dropped about 5% from the top.

In Msia context
Msia big cap tech i would say MPI and Inari
Small cap tech Greatech, D&O, UWC, KESM may have more room to drop....

PE as of 14 Jan 2022 price

Inari : PE 34.07
MPI : PE 27.23
Unisem : PE 24.36
Vitrox : PE 51.65
Greatech : PE 44.54
D&O : PE 56.90
KESM : PE 36.27
UWC : PE 59.83

Technology affects almost every aspect of 21st century life, from transport efficiency and safety, to access to food and healthcare, socialization and productivity.


I only like MPI....

PHLX Semiconductor Index still stong, chips shotage still no end in sight:


Friday 2.33%
5 Day 2.75%
1 Month 3.71%
3 Month 17.69%
YTD -1.15%
1 Year 30.33%


https://www.marketwatch.com/investing/index/sox

PHLX Semiconductor Index still stong


Friday 2.33%
5 Day 2.75%
1 Month 3.71%
3 Month 17.69%
YTD -1.15%
1 Year 30.33%


https://www.marketwatch.com/investing/index/sox

This is a major correction not game over for tech. Unlike glove which thrives during covid only

Technology affects almost every aspect of 21st century life, from transport efficiency and safety, to access to food and healthcare, socialization and productivity. Pick a good tech stock to buy during this correction.

https://www.youtube.com/watch?v=Iifz7upRoRQ
科技股为何大跌？是"调整"还是"完蛋"了？(Part.1/2)

Above is a not-so-good comparison.

Below is PE for Msia tech stocks as reference only but also not a good comparison as difference companies have difference product mix, expansion plans, clients etc.
Msia Osat players namely MPI, Inari and Unisem all have difference product mix, growth rate, mkt segment etc, eg Unisem net profit is not growing qoq and yoy whereas MPI and Inari has good growth qoq and yoy.

PE as of 14 Jan 2022 price

Inari : PE 34.07
MPI : PE 27.23
Unisem : PE 24.36
Vitrox : PE 51.65
Greatech : PE 44.54
D&O : PE 56.90
KESM : PE 36.27
UWC : PE 59.83

Which one cheaper, which one expensive?

Thank you Mr Tan for this competition

Yes should add more new blood if can for those who are late. One year becomes top 20 does not mean he/she is good as it can be pure luck. I would say 3 years constantly in top 20 is considered good.

gap between LA and mother is closing...

LA should be priced close to mother which is 81 sen for now since it is one for one with 8% interest....

Now heavy selling,should close the gap in time

72 sen +11 sen warrant = 82sen vs 75 sen paid
Still make some gain... in this kind of market consider good ady

PMB is one the stocks that give me the good returns in my portpolio this year...YTD already up about 200%

thank you DrSteel.

Yes demand and supply dynamic is the hardest things in investing. Just like gloves where most investors don't see china supplies which change the demand and supply dynamic. Both steel and glove stocks have excellent FA.

For steel i would say need to monitor sudden change in both demand and supply...China supplies will be curbed for next 3 months at least but china can increase supplies very quicky due to its hugh capacities.

DrSteel, Good report

I like ann joo as well.

Current price may reflect investors concern on:

a) china demand due to its property market. Ann Joo exports to Southern China currently make good profits. China demand drop, ann joo will be affected...
b) commodity cycle ie when price is peaked, it tends to come down.
c) And increase in increase rate of US will affect commodity price.

Above are reasons why steel stocks cannot get good valuation. What is your view on this?

i believe in KPMG and EY.

i think is a good news, otherwise investors will not covert to loan stocks from amount owing...

Pfizer (NYSE:PFE) stock rose 0.4% after the drugmaker said a three-shot course of its Covid-19 vaccine, developed in conjunction with BioNTech, was shown to have a neutralizing effect against the new Omicron coronavirus variant in a laboratory test. BioNTech (NASDAQ:BNTX) stock rose 0.1%, overturning earlier losses.

Southwest Airlines (NYSE:LUV) stock rose 0.2% after the airline said it was expecting to be profitable in the fourth quarter as travel rebounds, a change after it had previously expected a loss for the quarter due to higher fuel prices.

Dear Uncle, great to hear from you.

Yes mkt is very bad after the budget and i would say most investors are losing money.

AYS will be rock bottom very soon, after mkt absorb shares by forced sells, and those who cut loss.
My humble view it is time to buy, rather than sell...

a very good result despite MCO/EMCO, very few companies except for plantations still can register quarter on quarter growth of over 100%, not even tech stocks, even high flyer tech stocks like D&O, Greatec registered qoq drop...

https://finance.sina.com.cn/money/future/fmnews/2021-11-19/doc-iktzqtyu8267498.shtml

Press Metal’s third quarter results are tentatively scheduled for release on Nov 26. PMB should release the result on the same day or 1 day earlier than Pmetal...

Let see, i hope the results are good. Pmetal and PMB shares started to increase last 2 days....

Aluminum, which is being supported by China’s measures to control energy use and prevent pollution, rose 3.2% to settle at $2,660 a metric ton on the LME at 5:53 p.m. local time. Freely available stocks tracked by the exchange are now at the lowest level since December 2005, with a sharp drawdown over recent months suggesting demand is outpacing supply. All other main LME metals gained except zinc.

https://finance.yahoo.com/news/iron-ore-rebounds-metals-hopes-183125530.html

现货上，截止至2021年11月09日，上海地区螺纹钢(4304, 168.00, 4.06%)的现货价格为4，980元/吨，较上一交易日下降50元吨，天津地区螺纹钢的现货价格为4，800元/吨，较上一交易日下降50元/吨。

Spot price of rebar still very high. Futures low only perhaps poor sentiment....

https://finance.sina.com.cn/money/future/roll/2021-11-10/doc-iktzscyy4762615.shtml