Kossan total net profit per quarter about the same with Supermx. Market cap is 35% discount of Supermx as at yesterday closing price. & Kossan demand higher PE ratio than Supermx prior to Covid-19.

Do you own choice on which counters to buy, or assess how underprice Kossan is if compared to peers.

Look at sustainability of the share price & not profit.

Do you own maths using DCF method.

All sour grapes.

If the profit is sustainable, Kossan's TP will be RM40 based on historical PE ratio of 25x.

Experience learned, dont buy the stocks that you're not familiar & giving out the wrong advice to the public.

For example, sell at RM4 for Supermx when the price now is rebounded to 35% higher at 5.40.

Margin account is a nominee account by nature.

JPM’s research is low quality with lot of flows. They don’t even know bother to adjust the target price for TG following the additional special dividend & HK secondary listing announcements.

By end year 2022, shareholders of TP might have collected closed to RM1.50 to RM2 per share dividend. Whether this dividend paid is added back in JPM TP? Seems like they don’t bother to answer neither.

This counter is a laggard play.
Historical share price & profit growth of other big 2, glove counters, ie Top glove & Supermx is a good reference for Kossan coming quarters earning.

Hold tight your tickets till coming quarter result.

The demands of lumber is not back to Malaysia yet.
The industries face stiff competition fr Indonesia & Vietnam.

Don’t get trapped.

Please avoid FGV for the coming quarter result:
1. Significant drop in CPO exports for Jan & Feb figures
2. Reinstatement of 8% export tax on CPO selling price

In additional, please exclude MSM profit contribution for Q2 & Q3 due to plant closed down. Loss contribution is highly likely.

Hold tight till the next QR result.
Export figures done very well for 1Q 21 for all glove companies.

For Kossan, gross profit will hit more than 1b.
If lucky, same goes to nett profit as well.

Bought back Kossan recently for laggard play. Even though Top Glove announced ASP for its nitrile glove going to drop 3% - 5% mom, Kossan still have plenty of room to increase its ASP.

Top Glove share price has fully priced in (or even still overpriced now), but Kossan still have potential. Expect to see the price upward adjustment for Kossan within this year once investors see divergence in terms of profit growth among these 2 shares.

Both FGV & Bplant has turned to profit making last year & declared dividends for 4Q20.

Stale news. Shahril Ridza Ridzuan is now MD of Khazanah.
He resigned as CEO of EPF since Aug 2018, almost 2 1/2 years ago.
Still can goreng?

Hmmm, who are those not so smart investors? The ones who sell high or the ones who chase high?

Retailers vs PNB. Who will be the winners?

GameStop has given you the answer.

Good luck guys!

Biggest shareholders ASB & PNB is selling big after the price up to 30% to 40% in 2 weeks to 1.30 to 1.40 to realise good profit.

After uncle Khoon gang bought so much only they know they bump into a hard wall. Very slim chance for them to win. Better stay away.

Tan Sri’s intention is very obvious. He wanna disposed part of his stake in the company & encash the money while the price is still good.

His shareholding has been diluted after hkex listing. In return, he got lucrative dividend payment.

Congrats all the retailers who are knowledgeable & dare to hold the shares till now.
Because of us FGV remained listed & being transparent with its account & policies.

FGV will stay listed in Bursa. Let wait for today's announcement.

All the selling pressure below 1.30 has been absorded by MGO. Bright sky ahead. Hope it follow the footstep of MSM to lead the plantation theme play.

Last quarter result of KPS quarter profit of 27m is mostly due to one off profit of 18.6m, being the proceed from SPLASH securitisation

Quoted below from the KPS QR release:

"Infrastructure Revenue of RM1.3 million was lower by RM10.5 million as compared to corresponding quarter’s revenue of RM11.8 million due to lower revenue at KPS-HCM as the infrastructure work at Pulau Indah was already completed and no new projects secured during the current quarter.

However, this sector recorded a higher profit before tax of RM24.0 million as compared to RM1.4 million recorded in the corresponding quarter 2019 due to the proceed from SPLASH securitisation of RM18.6 with higher share of profit from associate, SPRINT by RM4.0 million netted off with lower profit before tax at KPS-HCM."

I also dont understand why uncle Koon pushing KPS share.
Last quarter result of KPS quarter profit of 27m is mostly due to one off profit of 18.6m, being the proceed from SPLASH securitisation

Quoted below from the KPS QR release:

"Infrastructure Revenue of RM1.3 million was lower by RM10.5 million as compared to corresponding quarter’s revenue of RM11.8 million due to lower revenue at KPS-HCM as the infrastructure work at Pulau Indah was already completed and no new projects secured during the current quarter.

However, this sector recorded a higher profit before tax of RM24.0 million as compared to RM1.4 million recorded in the corresponding quarter 2019 due to the proceed from SPLASH securitisation of RM18.6 with higher share of profit from associate, SPRINT by RM4.0 million netted off with lower profit before tax at KPS-HCM."

Also, quite a substantial part of profit earned last year not distributed had been reinvested back via SBB, & incurred a investment loss of about 30% to 40%.

Beware of coming quarter result:

1. Potential loss provision on fire incidence happened in Jan 21
2. Two weeks factory closed down due to covid cases among staff in Feb 21

Good luck guys!

If FGV will follow suit after 15th Mar? Since now the tickets in public spreading is much much lesser.

Yesterday was the last day for Felda to increase the offer price.
Investors who hold the shares & hope for revised GO price, sold it the market today.

Fantastic QR result.

Despite inventory written off of RM2.16 million made in the current quarter, the Group recorded a Profit before tax of RM9.62 million in the quarter under review as compared to a profit before tax RM7.66 million in the immediate preceding quarter, an increase in profit of RM1.96 million (25%) mainly due to increase in average selling prices of CPO, PK, FFB and EFB Oil by 19%, 33%, 22% and 14% respectively. Sales of EFB Oil and Power Plant Export also increased by 18% and 37% respectively.


https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=212767&name=EA_FR_ATTACHMENTS

This stock is only for experience investors. At current state, whatever retail investors do won’t change the fate of this stocks.

Just patiently wait till mid March of end of the offer period.

The only reason for Felda to extend the offer period is to delay MGO payment to save some interest. They have gave up to delist FGV base on action they have done so far.

In fact, bursa should investigate Felda on their offer letter which mislead investors on their intention to delist the share. What have they done doesn’t make them acquired enough 90%, but keep publishing in the media about their intention of delisting as a main push factor.

In future, other stocks will use this case as a precedent to trick retail investors to force sales their shares at a big discount or any price due to ‘delisting’ that do not materialised. The losing end is always retail investors without sufficient knowledge.

Fgv is due to announce its GO extension today.

Forget about Felda offer, now focus on the intrinsic value.

Value investors start accumulating the shares now...

Please refer to clause 3.10 Purchase in the Open Market

(i) if the offeror or the PACs purchase or agree to purchase any of the offer shares during the offer period at a consideration that is higher than the Offer price, the Offeror shall increase the consideration for the Offer Shares to be not less than the highest price (excluding stamp duty and commission) paid or agreed to be paid by the Offeror or any of the PACs for the Offer Shares during the offer period.

https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=205237&name=EA_DS_ATTACHMENTS

If Felda bought any shares above 1.31, it needs to be fair & raise the offer price to match the highest price it paid in open market.

Hence, 1.31 is not bought by Felda. Whoever thinking to dispose your shares, pls dispose in the open market for higher return.

Boustead (0.71 vs NTA 1.74, 60% discount) is more undervalued than Bplant (0.555 vs NTA 1.15, 50% discount). Hence priority of priviatization is given to Boustead Holding.

Once the profit of boustead has increased & sustainable with current CPO price level, privatisation is very soon. The funding cost for the privatisation will be self sustained from the cash flow generated by Bplant itself, yet enjoy the gain from full realization of the asset value.

Its just a no brainer strategy to increase the profit for LTAT fund.

Felda managed to get close to 70% shareholding as at last Friday. I pressume all the government related companies have taken up the MGO offer, e.g. Kerajaan Negeri Pahang (5%), Sawit Kinabalu SB (Investment arm of state government of Sabah) (2.26%), EPF (3.39%), LTAT, Amanah etc...

As highlighted above, it make no sense extension with the same offer price. Retail investors will not take up the offer to realize a substantial loss, when everyone know the coming quarter result will be much higher than 3Q20.

As per Malaysia External Trade Statistics released by Department of Statistics Malaysia, exports of palm oil and palm oil-based agriculture products are expanded by 66.9 per cent from RM3.9 billion to RM6.5 billion

Let guess how many Reddit & telegram subscibers over this long weekend...

GameStop surges 61% after hours as Robinhood to allow limited buying of restricted stocks Friday

https://www.cnbc.com/2021/01/28/robinhood-will-allow-limited-buying-of-restricted-securities-friday-gamestop-jumps-after-hours.html

I can see the biggest retail investment group is formed. Even bigger impact than uncle KYY core followers, if this round of counter attach is successful.

Buy & just hold. You will be rewarded with dividend. JPM holds their short selling position & rewarded with -ve dividend.

Let see who has more holding power?

Bought some shares today to aim for 1st revision price of 1.50.

FGV is due to announce extension of the offer period today. Hopefully it comes together with price revision.

Hang on there guys. Short sellers have limited bullet now. The bottom of the share price was over. Hold tight to wait for the next wave of price hike coming. Today could be the turning point.

Based on the record disclosed, 209 million shares (5.7% of the total share issued) of FGV transacted at 1.28 on 23rd Dec (one day after the MGO news announced) were not bought by Felda & so far havent accept the offer yet.

You think what's the fair value of FGV for these investors are looking at?

Revised offer price will be enjoyed by the shareholders who have accepted the offer earlier

Refer to Clause 3.5 (ii) 2nd sentence:

Where terms are revised, the benefits of the revised Offer will be made available to the Holders who have accepted the Offer before such revision. Notice of such extension or revision will be posted to the Holders accordingly.

https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=205237&name=EA_DS_ATTACHMENTS

Big block of FGV shares worth about RM10m transacted at RM1.31 yesterday. Interesting to monitor the share price at the coming 2 last trasaction day.

congrats to those still hold on tight with their shares!

Option 1 should be revise the offer price & extend the offer period. It’s just too late to encourage shareholders to accept the offer at last minute. Just left 2 1/2 trading days to react.

Too risky to sell your shares in the open market. If you accept the offer, your still enjoy the upside should Felda increase the offer price before the the expiry date of the offer.

IBs are LICENSED bank. They must make their boss happy.