PetChem declared a dividend of five sen per share amounting to RM400 million payable on March 26.

Total dividends for FY2023 came in at 41 sen per share, totalling RM1 billion.

Thank you PCHEM

#Mohd ImranRafifi Nice catch, Mabel. You have made 3% paper gain now 🤑
15/03/2024 4:30 PM

Yes Sir!

To Our Success!

Captain Mabel Meow

Friday, March 15th 2024

Brent futures have broken through the $85 per barrel for the first time since November, indicating that the gradually improving sentiment, further buoyed by Ukrainian drone strikes on Russian refineries this week and declining US inventories, is here to stay.

Yes bullrun168!

Friday, March 15th 2024

Brent futures have broken through the $85 per barrel for the first time since November, indicating that the gradually improving sentiment, further buoyed by Ukrainian drone strikes on Russian refineries this week and declining US inventories, is here to stay.

Friday, March 15th 2024

Brent futures have broken through the $85 per barrel for the first time since November, indicating that the gradually improving sentiment, further buoyed by Ukrainian drone strikes on Russian refineries this week and declining US inventories, is here to stay.

To Our Success!

Meow

As mentioned by OTB, Mabel thinks it's going to be a good quarter...

Looking forward for PAT > 1 billion in FY 2024...

Price will go up naturally hitting all these IB TP with good result...

Target prices set by IB for Yinson are as follows :-
1. Maybank - 5.05.
2. AMI - 4.00.
3. UOB - 3.75.
4. Kenanga - 3.39.
5. CIMB - 3.18.
6. RHB - 3.06.

To Our Success !

Meow Meow Meow

..Let see how the TA goes..

Don't know about you guys, at the current run rate Mabel is so happy with this week and last week collection on Mother and WA.

Both are looking so nice and lovely on the P&L...

To Our Success!

Meow

https://www.theedgemarkets.com/node/704337

Now Miti has spoken....

KUALA LUMPUR (March 12): The Ministry of Investment, Trade and Industry (MITI) is aiming for Malaysia to have 100 local technology companies with annual revenue of RM1 billion by 2030, according to Deputy Minister Liew Chin Tong...

EngineeringProfit And put all in one basket? And all in at one go- not in batches?

But no worries, klse is heading 1660 by end of the year. Unless something bad like red QR etc etc, you wouldn't have to lose your $ in a money making company that pays dividend
15/03/2024 6:47 AM

Do you know that the earnings per share (EPS) of FBM KLCI component stocks on an aggregate basis were largely unchanged from where they were a decade ago?.

EPS points to how much money a company makes for each share of its stock. A higher EPS indicates greater value because investors will pay more for a company’s shares if they think the company has higher profits relative to its share price.

This, perhaps, explains FBM KLCI’s sluggish performance and its struggle to convincingly cross the psychological level of 1,600 points, which is well-below the record-high of 1,895.18 points seen in April 2018.

Bloomberg data for 10 benchmark indices found that most indices have shown an increase in forward EPS between March 2014 to March 2024, although this was not the case for the FBM KLCI. The Dow Jones Industrial Average’s forward EPS increased by 88.4% and India’s Sensex Index is up 163.5% in the 10-year period.

Meanwhile, the forward EPS of Singapore’s Straits Times Index and Indonesia Stock Exchange Index were up by 35.6% and 48% respectively, in the same period. In contrast, the FBM KLCI’s forward EPS slipped by 0.3%.

Experts say that the Malaysian stock universe’s more moderate earnings prospects are the result of the “Old Economy” syndrome. In simpler terms, this means the biggest players in the market are primarily involved in traditional businesses and their operations have largely matured in terms of growth and market penetration.

Take the FBM KLCI for an example, about two-thirds of its total market capitalisation is controlled by mega-caps from just three sectors, namely, banking (42.12%), utilities (14.75%) and telecommunications (10.8%).

It is worth noting that the technology sector, often referred to as a high-growth sector, has zero representation in the FBM KLCI as no company has met the minimum market capitalisation criteria. The only technology company on the index, Inari Amertron Bhd, which is involved in chip assembly and testing, was booted out of the FBM KLCI last June.

It is rather unfortunate that after decades of developing the national semiconductor scene, which has become the world’s sixth largest semiconductor exporter, Malaysia has no technology representative on the list of top 30 listed companies by market value. Most semiconductor companies on Bursa Malaysia are valued at RM1bil or below...

Thanks God that YTLPower is one of the 3 Main Sectors. Looing forward that it will hit back to 1800 one day..

Meow

Thanks for sharing Calvin

Meow

Very Good Closing for both Mother and WA..

Well Done Yinson!

Cheers PureBULL...

Always love reading your post...

To Our Success !

Meow

gladiator 3.60 support almost broken...something not right!! Runnnnn......
14/03/2024 4:52 PM

Thankyou for selling..So Yummy...

Meow

PureBULL ... sis mabel must tell v more abt serbad 1st.,.

when sis mabel is in ytlpowr = the indicator all must fear of.
i hope NOT.,.
14/03/2024 6:02 PM

Haha PureBull, mummy always said, never listen to stranger...

Mabel is just an innocent, beautiful gal next door...hihihi..

To Our Success!

Meow

Yes indeed. Looking forward to see a replacement for DK..

Serba need an honest CEO...

That's the only way Serba can be revived..

PureBULL ... sis mabel must tell v more abt serbad 1st.,.
14/03/2024 6:00 PM

Haha there re currently 3 types of Investors in Serba:

1. Bonus Issues Investors
2. Pre July21 Suspension Investors
3. Post July21 Suspension Investors

The one that benefits the most is Category 1 who was awarded Bonus Issues, Dividends and took price action during Dec 2020 rally. 2nd is Category 3 who took massive price action during July 2021 rally, Nov and Dec 2022 Pull Back. The Biggest loser are in Category 2 who freeze like Old Monks when they are supposed to take massive Price Action when it matters...

Meow

Stock: [SERBADK]: SERBA DINAMIK HOLDINGS BERHAD

Dec 29, 2022 10:51 AM | Report Abuse

whizzkid
Mabel is the best! I knew it..
15/07/2022 12:40 PM

Haha of course Mabel is the best..

Now you know why Blondi and Huang always loves to follow Mabel across i3 and walk 3 steps behind Mabel..

Keep pumping..

Meow Meow Meow

Stock: [SAPNRG]: SAPURA ENERGY BERHAD

Feb 22, 2024 10:31 AM | Report Abuse

#TalkNumberOne Mabel why siao lang sniffing you from behind all the time? Hahaha😂😂😂😂😂
22/02/2024 8:51 AM

Hahaha...what do you expect from an Auntie who has been hibernating for 7 years?

Sure finish one after wake up...hihihi...

#UlarSawa WoW. Sister Mabel pun mari sini judi poh nasib buy low sell high. Haiyoh. Correct?

13/03/2024 1:35 PM

Correct Ular Brother Dear..

Haha Nice to see you here too..let's do another repeat like Top Gloves..hihihi

Pull back is what Mabel has been waiting for. Today Mabel Re-enter YTLPower at RM 3.60. Some Nice Uncles and Auntie so nice to sell their YTLPower to Mabel..So apey...

During the pandemic there were the Big Fantastic Four

Here there is only one and the only one...

Even mother company YTL also depends on YTLPOWER..

Just follow the wave and TA, you can't go wrong with this counter Ular. Operator are very nice....BIG, STRONG and FRIENDLY..

Beside, the YEO brothers are highly educated, rich and well connected. Hey, they know all their IPP are black energy on diminishing Market values and they have to innovate to stay in power with Renewal Energy in Solar and Data Centre to store data in duplicate and on multiple locations is a must as big data processing is Big Money. That’s why Mabel’s SingTel is also moving in the same direction.

To Our Success !

Meow

Date Open Price Target Price Upside/Downside Price Call Source News
27/02/2024 2.62 0.93 -1.69 (64.50%) BUY CIMB Price Target News
26/02/2024 2.65 0.91 -1.74 (65.66%) BUY TA Price Target News
26/02/2024 2.65 0.89 -1.76 (66.42%) BUY BIMB Price Target News
26/02/2024 2.65 0.95 -1.70 (64.15%) BUY AmInvest

Can someone explain why the TP is so low?

Let see if they still wang to sell to Mabel at RM 6.75 and RM 6.74...

Thank you so much...

Meow

Haha Pull back is what Mabel has been waiting for. Today Mabel Re-enter PCHEM at RM 6.76...

Some Nice Uncles and Auntie so nice to sell their PCHEM to Mabel

So apey...

Meow Meow Meow

Yes lah..

Just follow the wave...

But low sell high..

Meow Meow Meow

See today up oledi..

Hope this counter is not another Yo Yo counter like YTLPOWER

Meow Meow Meow

Today broken 7 oledi..

Indeed Bro. TA is currently oversold which is a great time to collect this gems. Mabel has been collecting Mother and WA...

Looking forward for PAT > 1 billion in FY 2024...

Price will go up naturally with good result...

Meow

OKU_2020 IN HOT SOUP
BEHEADING is NEXT......!
12/03/2024 11:33 AM

Yes OKU..

Auntie Huang in HOT SOUP...hihihi

Poor Auntie Huang ...PM Corpes from TP RM 2 to 19.5 sen hihihi

Stock: [SAPNRG]: SAPURA ENERGY BERHAD

Mar 5, 2024 2:34 PM | Report Abuse

#Felix888999 I have proven Huang Bok Kai a shameless kon and a liar.

This Auntie caught cheating again

On 21st Nov 2013 she posted:

"Been accumulating from .27 till .36 till .26 and today .28".

My rough calculation her cost should be around .30.

One month later on 10th Dec 2013 she posted:

"My average entry cost is .245. Cumulated from .19 till .35"

Hahahhahaa this is a shameless liar, her cost just keep changing. Based on her statement in Nov, impossible she get average cost 0.245! Auntie Huang use time machine went back Oct 2013 bought that .19 lot ke?

Shameless kon Women also bullshiting PMCorp TP 2.00 and come with steady dividends. Hahahahhahahaha 🤣😉🤣🤣 laugh live me!!

Asked her show us that TP 2.00 until today still pusing here pusing there!!!


Posted by Huangbk72 > 2013-11-21 11:51 | Report Abuse
To mikekong55 

I have been a follower of your stock recommendations. 

You have been fairly accurate in your assessment of PMCorp movement. I am also in PMCorp as I believe in buying and holding long term. Been accumulating from .27 till .36 till .26 and today .28. Being involved in FMCG business, I understand and see the value in PMCORP.

Stock: [PMCORP]: PAN MALAYSIA CORPORATION BHD

2013-12-10 19:53 | Report Abuse

Hi Chrollo

Welcome to this thread.

This counter is for long term investors. My timeline is 5 years and I expect rm2.0 by then with a steady dividend payout. Others may have other TP.

Your entry price now is lower than most of us here. My average entry cost is .245. Cumulated from .19 till .35

Cheers .
04/03/2024 9:19 PM

Haha Thanks for sharing this information Felix888999..

Mabel just check on Pm Corpes latest price...19.5 sen!!!

From TP RM 2 to 19.5 sen...

Now Mabel understand why Auntie Huang Hibernated for 7 years....hihihi

Meow

Huangbk72
ConMabel also shying away from Capital A.. keep reloading from over RM1 till 83/84c

11/03/2024 4:02 PM

Haha Auntie talking about you ke?

Hibernate in Pm Corpes for 7 years, Now Hibernate in Serba for two year..

Haha now both Batik Air Pilots also hibernate like Auntie Huang..hihihi

Captain Mabel Meow

Stock: [CAPITALA]: CAPITAL A BERHAD

Mar 9, 2024 2:16 PM | Report Abuse

https://www.astroawani.com/berita-malaysia/juruterbang-batik-air-tertidur-di-tengah-penerbangan-461560

Don't worry Mabel always feel safe and secured flying Mabel Airlines (Capital A, Singapore Airlines and Scoots Airlines)..

Captain Mabel Meow

KUALA LUMPUR (March 11): The Ministry of Tourism, Arts, and Culture anticipates tourist arrivals in Malaysia to reach 27.3 million, with an expected income of RM102.7 billion, in 2024.

Malaysia aiming for 27.3 million tourist arrivals in 2024 — deputy minister

Haha those that boycott sure miss the fun..

If drop we collect lor and sell high..

This operator so nice.. Always recover one...

During the pandemic there were the Big Fantastic Four

Here only one and the only one...

Even mother company YTL also depends on YTLPOWER..

Just follow the wave..

Meow

“NVIDIA supports employee charitable giving through our longstanding matching program, which is providing aid to dozens of humanitarian aid groups in Israel and Gaza, as well as elsewhere,” an NVIDIA spokesperson said in their statement.24 Jan 2024

Nvidia not only so power, they are also nice

Nvidia is like YTLPOWER, so power. The yeos not only so power, they also very nice to shareholders. Many shareholders makes money in this counter. Nice volume like the gloves counters during pandemic. So many people's makes money..

To Our Success

Meow Meow Meow

Sunway Berhad
SUNWAY
Share Price 7 Day 1 Year
2.89 1.4% 78.4%


Upcoming dividend of RM0.035 per share
Eligible shareholders must have bought the stock before 18 March 2024.
Payment date: 18 April 2024.
Payout ratio is a comfortable 48% and the cash payout ratio is 82%.

*Malaysia Plantations*

*The unsung heroes of the nation (and the world)*

11 March marks the 4th anniversary of COVID-19 pandemic. We pay tribute to the plantation sector that has contributed immensely during the pandemic. While not undermining the sacrifices by the front-liners and others in the fight against COVID-19, this sector has played its part in ensuring food security, job security, and health security not just for the nation but the world over. Despite rising cost challenges and falling output, the sector still made huge monetary contribution of >MYR23b over the past 4 years in various forms of direct and indirect taxes, and contributions.

*>MYR23b in “social” contribution to the grateful for*

Between 2020 and 2023, the plantation sector has contributed approx. MYR6.1b in windfall profit levy, MYR3.7b in export duties, MYR1.3b in MPOB CESS (see Fig.1), MYR0.2b in Prosperity Taxes, >MYR6b in Sabah and Sarawak Sales Taxes (our back-of-the-envelope estimates), and easily >MYR6b in corporate income taxes and individual taxes (by the smallholders) to the Malaysian government . The sector is said to be among the highest tax contributor in terms of total taxes (including windfall profit levy, export duties, CESS, and Sabah and Sarawak Sales Taxes, in addition to corporate taxes). Monies collected by the government were channelled to (among others) nation building and running of many social programmes including free COVID vaccinations given to the people and cash handouts given to the needy during the pandemic.

*Food & health security roles often taken for granted*

Palm oil holds more than 50% market share in the global vegetable oils trade. Hence, its continuous availability is crucial to global food security as well as health security. Throughout the pandemic, palm oil exports never stopped as the government allowed palm oil cultivation to proceed.

Besides food use, the continuous availability of palm oil and palm products also meant there was the much-needed ingredients to make personal cares and cleaning products such hand wash, soap, laundry detergents, hand sanitisers, etc that the world desperately needed in its fight against the highly infectious COVID-19 virus.

*Job security for the locals as well as guest workers*
Many people lost their jobs at the start of the pandemic and had to draw down their hard-earned life savings to make ends meet. Prior to the pandemic, the sector has a strong workforce of 437,400 in Malaysia comprising local and guest workers. During the pandemic, the plantation sector was among the few granted special approval by the government to operate. Social distancing at workplace was inherent in the estates given that one worker typically covers more than 10 hectares of estates, providing a naturally safe working environment. Workers were even given free COVID vaccinations by their employers. At the height of the pandemic, outsiders had limited access to the staffs’ housing quarters and estate operations to ensure the safety of their workers and families. While country borders were mostly closed initially, guest workers remained employed throughout and were paid decent wages (plus incentives) that allowed them to repatriate the much-needed income to provide for their families back home (presumably equally affected by the pandemic).

Well Done Guys!

*Malaysia Plantations*

*The unsung heroes of the nation (and the world)*

11 March marks the 4th anniversary of COVID-19 pandemic. We pay tribute to the plantation sector that has contributed immensely during the pandemic. While not undermining the sacrifices by the front-liners and others in the fight against COVID-19, this sector has played its part in ensuring food security, job security, and health security not just for the nation but the world over. Despite rising cost challenges and falling output, the sector still made huge monetary contribution of >MYR23b over the past 4 years in various forms of direct and indirect taxes, and contributions.

*>MYR23b in “social” contribution to the grateful for*

Between 2020 and 2023, the plantation sector has contributed approx. MYR6.1b in windfall profit levy, MYR3.7b in export duties, MYR1.3b in MPOB CESS (see Fig.1), MYR0.2b in Prosperity Taxes, >MYR6b in Sabah and Sarawak Sales Taxes (our back-of-the-envelope estimates), and easily >MYR6b in corporate income taxes and individual taxes (by the smallholders) to the Malaysian government . The sector is said to be among the highest tax contributor in terms of total taxes (including windfall profit levy, export duties, CESS, and Sabah and Sarawak Sales Taxes, in addition to corporate taxes). Monies collected by the government were channelled to (among others) nation building and running of many social programmes including free COVID vaccinations given to the people and cash handouts given to the needy during the pandemic.

*Food & health security roles often taken for granted*

Palm oil holds more than 50% market share in the global vegetable oils trade. Hence, its continuous availability is crucial to global food security as well as health security. Throughout the pandemic, palm oil exports never stopped as the government allowed palm oil cultivation to proceed.

Besides food use, the continuous availability of palm oil and palm products also meant there was the much-needed ingredients to make personal cares and cleaning products such hand wash, soap, laundry detergents, hand sanitisers, etc that the world desperately needed in its fight against the highly infectious COVID-19 virus.

*Job security for the locals as well as guest workers*
Many people lost their jobs at the start of the pandemic and had to draw down their hard-earned life savings to make ends meet. Prior to the pandemic, the sector has a strong workforce of 437,400 in Malaysia comprising local and guest workers. During the pandemic, the plantation sector was among the few granted special approval by the government to operate. Social distancing at workplace was inherent in the estates given that one worker typically covers more than 10 hectares of estates, providing a naturally safe working environment. Workers were even given free COVID vaccinations by their employers. At the height of the pandemic, outsiders had limited access to the staffs’ housing quarters and estate operations to ensure the safety of their workers and families. While country borders were mostly closed initially, guest workers remained employed throughout and were paid decent wages (plus incentives) that allowed them to repatriate the much-needed income to provide for their families back home (presumably equally affected by the pandemic).

Well Done Guys!

*Malaysia Plantations*

*The unsung heroes of the nation (and the world)*

11 March marks the 4th anniversary of COVID-19 pandemic. We pay tribute to the plantation sector that has contributed immensely during the pandemic. While not undermining the sacrifices by the front-liners and others in the fight against COVID-19, this sector has played its part in ensuring food security, job security, and health security not just for the nation but the world over. Despite rising cost challenges and falling output, the sector still made huge monetary contribution of >MYR23b over the past 4 years in various forms of direct and indirect taxes, and contributions.

*>MYR23b in “social” contribution to the grateful for*

Between 2020 and 2023, the plantation sector has contributed approx. MYR6.1b in windfall profit levy, MYR3.7b in export duties, MYR1.3b in MPOB CESS (see Fig.1), MYR0.2b in Prosperity Taxes, >MYR6b in Sabah and Sarawak Sales Taxes (our back-of-the-envelope estimates), and easily >MYR6b in corporate income taxes and individual taxes (by the smallholders) to the Malaysian government . The sector is said to be among the highest tax contributor in terms of total taxes (including windfall profit levy, export duties, CESS, and Sabah and Sarawak Sales Taxes, in addition to corporate taxes). Monies collected by the government were channelled to (among others) nation building and running of many social programmes including free COVID vaccinations given to the people and cash handouts given to the needy during the pandemic.

*Food & health security roles often taken for granted*

Palm oil holds more than 50% market share in the global vegetable oils trade. Hence, its continuous availability is crucial to global food security as well as health security. Throughout the pandemic, palm oil exports never stopped as the government allowed palm oil cultivation to proceed.

Besides food use, the continuous availability of palm oil and palm products also meant there was the much-needed ingredients to make personal cares and cleaning products such hand wash, soap, laundry detergents, hand sanitisers, etc that the world desperately needed in its fight against the highly infectious COVID-19 virus.

*Job security for the locals as well as guest workers*
Many people lost their jobs at the start of the pandemic and had to draw down their hard-earned life savings to make ends meet. Prior to the pandemic, the sector has a strong workforce of 437,400 in Malaysia comprising local and guest workers. During the pandemic, the plantation sector was among the few granted special approval by the government to operate. Social distancing at workplace was inherent in the estates given that one worker typically covers more than 10 hectares of estates, providing a naturally safe working environment. Workers were even given free COVID vaccinations by their employers. At the height of the pandemic, outsiders had limited access to the staffs’ housing quarters and estate operations to ensure the safety of their workers and families. While country borders were mostly closed initially, guest workers remained employed throughout and were paid decent wages (plus incentives) that allowed them to repatriate the much-needed income to provide for their families back home (presumably equally affected by the pandemic).

Well Done Guys!

*Malaysia Plantations*

*The unsung heroes of the nation (and the world)*

11 March marks the 4th anniversary of COVID-19 pandemic. We pay tribute to the plantation sector that has contributed immensely during the pandemic. While not undermining the sacrifices by the front-liners and others in the fight against COVID-19, this sector has played its part in ensuring food security, job security, and health security not just for the nation but the world over. Despite rising cost challenges and falling output, the sector still made huge monetary contribution of >MYR23b over the past 4 years in various forms of direct and indirect taxes, and contributions.

*>MYR23b in “social” contribution to the grateful for*

Between 2020 and 2023, the plantation sector has contributed approx. MYR6.1b in windfall profit levy, MYR3.7b in export duties, MYR1.3b in MPOB CESS (see Fig.1), MYR0.2b in Prosperity Taxes, >MYR6b in Sabah and Sarawak Sales Taxes (our back-of-the-envelope estimates), and easily >MYR6b in corporate income taxes and individual taxes (by the smallholders) to the Malaysian government . The sector is said to be among the highest tax contributor in terms of total taxes (including windfall profit levy, export duties, CESS, and Sabah and Sarawak Sales Taxes, in addition to corporate taxes). Monies collected by the government were channelled to (among others) nation building and running of many social programmes including free COVID vaccinations given to the people and cash handouts given to the needy during the pandemic.

*Food & health security roles often taken for granted*

Palm oil holds more than 50% market share in the global vegetable oils trade. Hence, its continuous availability is crucial to global food security as well as health security. Throughout the pandemic, palm oil exports never stopped as the government allowed palm oil cultivation to proceed.

Besides food use, the continuous availability of palm oil and palm products also meant there was the much-needed ingredients to make personal cares and cleaning products such hand wash, soap, laundry detergents, hand sanitisers, etc that the world desperately needed in its fight against the highly infectious COVID-19 virus.

*Job security for the locals as well as guest workers*
Many people lost their jobs at the start of the pandemic and had to draw down their hard-earned life savings to make ends meet. Prior to the pandemic, the sector has a strong workforce of 437,400 in Malaysia comprising local and guest workers. During the pandemic, the plantation sector was among the few granted special approval by the government to operate. Social distancing at workplace was inherent in the estates given that one worker typically covers more than 10 hectares of estates, providing a naturally safe working environment. Workers were even given free COVID vaccinations by their employers. At the height of the pandemic, outsiders had limited access to the staffs’ housing quarters and estate operations to ensure the safety of their workers and families. While country borders were mostly closed initially, guest workers remained employed throughout and were paid decent wages (plus incentives) that allowed them to repatriate the much-needed income to provide for their families back home (presumably equally affected by the pandemic).

Well Done Guys!

*Malaysia Plantations*

*The unsung heroes of the nation (and the world)*

11 March marks the 4th anniversary of COVID-19 pandemic. We pay tribute to the plantation sector that has contributed immensely during the pandemic. While not undermining the sacrifices by the front-liners and others in the fight against COVID-19, this sector has played its part in ensuring food security, job security, and health security not just for the nation but the world over. Despite rising cost challenges and falling output, the sector still made huge monetary contribution of >MYR23b over the past 4 years in various forms of direct and indirect taxes, and contributions.

*>MYR23b in “social” contribution to the grateful for*

Between 2020 and 2023, the plantation sector has contributed approx. MYR6.1b in windfall profit levy, MYR3.7b in export duties, MYR1.3b in MPOB CESS (see Fig.1), MYR0.2b in Prosperity Taxes, >MYR6b in Sabah and Sarawak Sales Taxes (our back-of-the-envelope estimates), and easily >MYR6b in corporate income taxes and individual taxes (by the smallholders) to the Malaysian government . The sector is said to be among the highest tax contributor in terms of total taxes (including windfall profit levy, export duties, CESS, and Sabah and Sarawak Sales Taxes, in addition to corporate taxes). Monies collected by the government were channelled to (among others) nation building and running of many social programmes including free COVID vaccinations given to the people and cash handouts given to the needy during the pandemic.

*Food & health security roles often taken for granted*

Palm oil holds more than 50% market share in the global vegetable oils trade. Hence, its continuous availability is crucial to global food security as well as health security. Throughout the pandemic, palm oil exports never stopped as the government allowed palm oil cultivation to proceed.

Besides food use, the continuous availability of palm oil and palm products also meant there was the much-needed ingredients to make personal cares and cleaning products such hand wash, soap, laundry detergents, hand sanitisers, etc that the world desperately needed in its fight against the highly infectious COVID-19 virus.

*Job security for the locals as well as guest workers*
Many people lost their jobs at the start of the pandemic and had to draw down their hard-earned life savings to make ends meet. Prior to the pandemic, the sector has a strong workforce of 437,400 in Malaysia comprising local and guest workers. During the pandemic, the plantation sector was among the few granted special approval by the government to operate. Social distancing at workplace was inherent in the estates given that one worker typically covers more than 10 hectares of estates, providing a naturally safe working environment. Workers were even given free COVID vaccinations by their employers. At the height of the pandemic, outsiders had limited access to the staffs’ housing quarters and estate operations to ensure the safety of their workers and families. While country borders were mostly closed initially, guest workers remained employed throughout and were paid decent wages (plus incentives) that allowed them to repatriate the much-needed income to provide for their families back home (presumably equally affected by the pandemic).

Well Done Guys!

*Malaysia Plantations*

*The unsung heroes of the nation (and the world)*

11 March marks the 4th anniversary of COVID-19 pandemic. We pay tribute to the plantation sector that has contributed immensely during the pandemic. While not undermining the sacrifices by the front-liners and others in the fight against COVID-19, this sector has played its part in ensuring food security, job security, and health security not just for the nation but the world over. Despite rising cost challenges and falling output, the sector still made huge monetary contribution of >MYR23b over the past 4 years in various forms of direct and indirect taxes, and contributions.

*>MYR23b in “social” contribution to the grateful for*

Between 2020 and 2023, the plantation sector has contributed approx. MYR6.1b in windfall profit levy, MYR3.7b in export duties, MYR1.3b in MPOB CESS (see Fig.1), MYR0.2b in Prosperity Taxes, >MYR6b in Sabah and Sarawak Sales Taxes (our back-of-the-envelope estimates), and easily >MYR6b in corporate income taxes and individual taxes (by the smallholders) to the Malaysian government . The sector is said to be among the highest tax contributor in terms of total taxes (including windfall profit levy, export duties, CESS, and Sabah and Sarawak Sales Taxes, in addition to corporate taxes). Monies collected by the government were channelled to (among others) nation building and running of many social programmes including free COVID vaccinations given to the people and cash handouts given to the needy during the pandemic.

*Food & health security roles often taken for granted*

Palm oil holds more than 50% market share in the global vegetable oils trade. Hence, its continuous availability is crucial to global food security as well as health security. Throughout the pandemic, palm oil exports never stopped as the government allowed palm oil cultivation to proceed.

Besides food use, the continuous availability of palm oil and palm products also meant there was the much-needed ingredients to make personal cares and cleaning products such hand wash, soap, laundry detergents, hand sanitisers, etc that the world desperately needed in its fight against the highly infectious COVID-19 virus.

*Job security for the locals as well as guest workers*
Many people lost their jobs at the start of the pandemic and had to draw down their hard-earned life savings to make ends meet. Prior to the pandemic, the sector has a strong workforce of 437,400 in Malaysia comprising local and guest workers. During the pandemic, the plantation sector was among the few granted special approval by the government to operate. Social distancing at workplace was inherent in the estates given that one worker typically covers more than 10 hectares of estates, providing a naturally safe working environment. Workers were even given free COVID vaccinations by their employers. At the height of the pandemic, outsiders had limited access to the staffs’ housing quarters and estate operations to ensure the safety of their workers and families. While country borders were mostly closed initially, guest workers remained employed throughout and were paid decent wages (plus incentives) that allowed them to repatriate the much-needed income to provide for their families back home (presumably equally affected by the pandemic).

Well Done Guys!

My Best Advice for Making Big Profits with Low-Priced Stocks what more if it's a PN 17..

Be patient with your investments. Low-priced stocks generally need more time than their bigger brethren. A healthy dose of patience will go a long way for a low-price stock portfolio.

As long as your cost is below PNB cost there's nothing to fear. Beside it gives you confidence when you see your P&L is positive and EverGreen..

Another best advice is to follow Auntie Huang. If she can managed 7 years hibernating with dead corpse, what is there to worry with Sapnrg.. Hihihi

To Our Success

Meow

https://www.thestar.com.my/tech/tech-news/2024/03/07/inflows-into-bullish-nvidia-etf-hit-record-on-ai-frenzy?utm_source=Smartech&utm_medium=email&utm_campaign=dailynewsalert&utm_content=20240308&__sta=vhg.uosvpxQddhqne.jsu0sv%7CYITT&__stm_medium=email&__stm_source=smartech

Nvidia, which controls about 80% of the high-end AI chip market, has surged nearly 82% since the start of the year after a stellar forecast and amid renewed euphoria around AI.

Haha that's nothing compare to Auntie's Huang 7 years Hibernation in Pm Corpes. Now continue hibernating in Serba...Hihihi...

Sapura Energy, in its application to the Court, conveyed that substantial progress have been achieved in the ongoing restructuring process.

https://www.thestar.com.my/business/business-news/2024/03/07/sapura-energy-secures-court-approval-for-debt-restructuring?utm_source=Smartech&utm_medium=email&utm_campaign=dailynewsalert&utm_content=20240308&__sta=vhg.uosvpxQddhqne.jsu0sv%7CYITT&__stm_medium=email&__stm_source=smartech

Sime Darby Property Berhad
SIMEPROP
Share Price 7 Day 1 Year
0.78 4.0% 56.0%


Price target increased by 7.8% to RM0.88
Up from RM0.81, the current price target is an average from 13 analysts.
New target price is 12% above last closing price of RM0.78.
Stock is up 56% over the past year.
The company is forecast to post earnings per share of RM0.06 for next year compared to RM0.06 last year.

CIMB Group Holdings Berhad
CIMB
Share Price 7 Day 1 Year
6.65 4.9% 22.5%


Upcoming dividend of RM0.26 per share
Eligible shareholders must have bought the stock before 15 March 2024.
Payment date: 03 April 2024.
Payout ratio is a comfortable 55% and this is well supported by cash flows.
Trailing yield: 5.6%.
Within top quartile of Malaysian dividend payers (4.7%).
In line with average of industry peers (5.3%).

BIMB
Share Price 7 Day 1 Year
2.57 1.6% 16.3%

Upcoming dividend of RM0.042 per share

Eligible shareholders must have bought the stock before 15 March 2024.
Payment date: 05 April 2024.

Payout ratio is a comfortable 68% but the company is paying out more than the cash it is generating.

Trailing yield: 6.5%.

Within top quartile of Malaysian dividend payers (4.7%).
Higher than average of industry peers (5.3%).

https://www.astroawani.com/berita-malaysia/juruterbang-batik-air-tertidur-di-tengah-penerbangan-461560

Don't worry Mabel always feel safe and secured flying Mabel Airlines (Capital A, Singapore Airlines and Scoots Airlines)..

Captain Mabel Meow

Good summary, MR. OTB.

Thank you so much for sharing...

With Power Cum Responsibility...

To Our Success !

Meow

Most of the buyers are institutional investors..

https://www.thestar.com.my/business/business-news/2024/03/08/yinson-announces-issuance-of-rm640mil-sukuk

Yinson RM 640 million Sukuk was snapped within 2 hours..

Yes lah..Oil price remains at USD 77 - 80 per barrel for quite some time. Q4 will definitely be better than Q3

Today has been another productive day. Managed to collect Yinson Mother and the Warrant Shares. Both Mother and Warrant Shares climbs today.

If the PAT is one billion for FY 2024, the foreign funds will buy this stock.
Likewise all local institutional funds will invest into this stock.

The Sukuk bond issued by Yinson was taken up within 2 hours. Another bigger Sukuk bond will issue again...

Mabel is expecting a fantastic results cum 21 March 2024, Q4 FYE 2024...

Cheers OTB...

Mabel Feel secured with YTL Power..

YTL Power posted a net income of RM2 billion on the back of record revenue for the financial year ended June. Not many company as as strong as YTL Power mah..infact YTL performance are so dependent on YTL Power..

Very solid company mah...

https://www.thestar.com.my/business/business-news/2023/12/19/ytl-power-poised-for-more-gains-after-200-rally-on-bursa