Haha today Mabel is out in the plantation mah.. No trading screen in front.. Only i3 reference.. Hihihi..

Wah so many Uncles and aunties are here waiting to collect ke?

Mabel nowadays Goyang kaki only.. Now waiting for Handsome Prince Cuming..

CheriMeow...

Hahaha still 5.5 cents

Sapnrg so steady...

Meow

Cheers Felix999!

The oil and gas sector is a cyclical one with recurring periods of boom and bust – as oil demand is relatively inelastic while oil supply is elastic. As we are now in a severely underinvested phase coupled with a record-high demand for oil in 2023-2024E, we view that the elevated oil price environment will be here to stay for the medium term.

We maintain our POSITIVE view on the sector with in-house Brent ASP assumptions of USD85/80/bbl for 2023/2024E.

BArmada. We think that BArmada is a “dark-horse” value-play within our coverage as the recent sell-off after the announcement of an unplanned shutdown of its heavyweight FPSO Armada Kraken in June 2023 looks pretty overdone. With the said FPSO now up and operational back to pre-shutdown levels, we think that BArmada will register sequential quarterly earnings growth in 2HFY23E and we expect record high profits for the group in FY24E (+58% YoY).

We also applaud the group’s discipline in its de-gearing exercise as it has successfully reduced its net gearing over 13 consecutive quarters to 0.7x as at end2Q23 (from a peak of 2.9x in end-1Q20) with more to come.

Target Price: RM 0.70

Source: Mabel's Tiger Bank

#Elaphe Everyone knows Huang make losses at PMcorp.
I have no more Sapura..Will enter again later after it drops.
11/10/2023 4:53 PM

Yes Elapse!

Thanks God we have a Smart Sifu who was smart enough to detect this ConHuang operate...

To Our Success !

Meow

Posted by Huangbk72 > 2013-12-13 15:32 | Report Abuse

Hi Mike

1st round.. bought average 26cents.. sold partially 34 cents to recover partial capital.

2nd round, started accumulating 29, 27, 24.. average holding cost 25.5

Do I considered with gain and holding for higher price?

11/10/2023 5:33 PM

#Huangbk72
How come it’s 60% loss position when my holding cost is way below stock price.. hahahaha

Clear cut example of Monkey see Monkey dooodoo...

11/10/2023 5:55 PM

Haha Monkey ConHuang, got selective memories ke?

PMCorpes did went down to 8 sen in March 2020...

No wonder that Smart Sifu mentioned that this Monkey lose 60% even in a dead counter. Based on your track record you tend to freeze like Monk instead of taking Price Action..

Haha going to Japan. The right words is wondering across i3 like a dead corpses...

Mabel, the Smart Investor..

Haha looks like all the Uncle and Aunties with no shares are so busy today entertaining themselves for missing the boat.

Ironically the Wang with shares all so relax and Goyang Kaki only..

Do you know why?

Because the Wang with shares all have already collected enough when Sapura shares was at lowest points..

Now even at 5 sen oledi made tons of profits.
If 6 sen even even better..
If 50 sen can buy Mercedes oledi..
If RM 1 wow.. Mabel leaves that to your imagination
If RM 2..Hahaha... Can go for Early Retirements..

Now you know why all these Jokers camping here 24x7 wang to press the price down so that they can collect..

Mummy always said.. Don't listen to strangers..

No money.. No honey..

Your money your call..

Meow

Huangbk72 What changed ?
11/10/2023 9:04 AM

What's wrong defending a Malaysian Companies with good potential?

Does that mean PNB is scammer?

There are over 100 stock investing and trading strategies, the "best" is always the one fits into one's personality. "Honey" or "Poison" is always a choice depending on personality, similar to many medicines could be a poison if applied to wrong patients.
‌
Most of the well-known investors are known contrarian investors, eg. Warren Buffett, Jim Rogers, Benjamin Graham, John Templeton, etc, demonstrating "Buy Low Sell High" does work. However, for the same strategy to work for you, need to learn the conditions for applications…

Mabel is here to catch " Salmon" in very murky water. Either you are In or Out. You have to burn your Textbooks if you want to Fish here...

Even putting your money in a cemetery is not safe these days. Someone even lose 60% in that cemetery. You wang to be safe better put your money in FD and don't play with Stock Market.

Stock Market is only for Big Boys and Gals. Certainly not for jumpy Old men and Crying Babies..

Mabel, the Innocent Gal Next Door

Elaphe I can be witness dobky huang lost 60% at PMcorp.
11/10/2023 1:55 PM

To Our Success Elapse!

Captain Mabel Meow

Guys,

Please be gentle to all the Uncles and Aunties here. Be compassionate. Here's the truth...

(Quote)
Recent statistics from the Employees Provident Fund (EPF) have cast a shadow over the retirement prospects of its citizens. These alarming figures shed light on a harsh reality: Most EPF members will find themselves with insufficient savings in their retirement accounts.

As of the close of 2022, a staggering 51.5% of EPF members had amassed savings below the RM10,000 mark. Even more concerning, a mere 18% of EPF members are expected to reach the RM240,000 milestone by the time they hit the retirement age of 55. These stark numbers underscore the pressing need for Malaysians to reevaluate their retirement strategies and address the growing gap between their EPF savings and the actual cost of living in their golden years.
(UnQuote)

So if they badmouth Sapnrg, we should understand. They are not risk takers like some of us here. They have other priorities after loosing so much. Typical Sour Grape..

To Our Success!

Mabel the Smart Trader

#Nhamir @TalkNumberOne, but for people only small money and buy for cent cent only, its ok for only buy thousand ringgit if the company can go higher in the future...
11/10/2023 11:02 AM

#TalkNumberOne Nhamir terbalik thinking already. When you are cent cent in the thousand why go for this counter? So many out there. Only when you reach a certain number, small counters will never suit you. Example one trade 1 million ringgit a lot of counters you will caused a lot of trouble.
11/10/2023 11:34 AM

#Felix999 They are pretending like expert to lure newbies buy their merchandises. Attacking counters in trouble like AAX, Capital A, Sapura Energy and Serbak. Whole market known these stocks are in trouble, they just want to gain attention to show they are expert ma. Not every one will be ended up like Serbak. AAX, Capital A and Sapura Energy already have clear solution come out of PN17.
11/10/2023 12:24 PM

Spot on Guys...

Once upon a time there is this 72 years Con Old Man..

He badmouth a PN 17 Counter Day and Night for months like an experts..

Later one smart Sifu pointed out he actually lost badly in a Non PN17 Counter.

He pride himself always talking about facts..

Let's talk about fact...

He lost 60% in Non PN17 counter while Mabel made 800% in a PN 17 Barakah Counter..

Haha now he's roaming across i3 like a dead corpes..

Meow

Haha 72 Year Old Man ConHuang Fool Time Trader..

Mabel came in when Serba was still a Blue Chip. There are 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...Fool Time Trader

Now roaming across i3 like a dead corpes..

Mabel the Smart Trader..

Guys,

Please be gentle to all the Uncles and Aunties here. Be compassionate. Here's the truth...

(Quote)
Recent statistics from the Employees Provident Fund (EPF) have cast a shadow over the retirement prospects of its citizens. These alarming figures shed light on a harsh reality: Most EPF members will find themselves with insufficient savings in their retirement accounts.

As of the close of 2022, a staggering 51.5% of EPF members had amassed savings below the RM10,000 mark. Even more concerning, a mere 18% of EPF members are expected to reach the RM240,000 milestone by the time they hit the retirement age of 55. These stark numbers underscore the pressing need for Malaysians to reevaluate their retirement strategies and address the growing gap between their EPF savings and the actual cost of living in their golden years.
(UnQuote)

So if they badmouth Sapnrg, we should understand. They are not risk takers like some of us here. They have other priorities. .Have you heard the story about Sour Grapes?

To Our Future Retirements Success!

Captain Mabel Meow

BTW how's your Top Glove?

James_Bond Oh no Mabel is here, hope you r ok with your sinking serbak battleships…
04/10/2023 11:47 AM

Haha someone mention about Serba. Mabel came in when Serba was still a Blue Chip. There are 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...

Mabel the Smart Trader..

https://www.thestar.com.my/business/business-news/2023/10/09/petchem-to-build-largest-chemical-recycling-plant-in-asia?utm_source=Smartech&utm_medium=email&utm_campaign=dailynewsalert&utm_content=20231010&__sta=vhg.uosvpxQddhqne.jsu0sv%7CIBFT&__stm_medium=email&__stm_source=smartech

KUALA LUMPUR: Petronas Chemicals Group Bhd said it will construct Asia's largest advanced chemical recycling plant in Pengerang, Johor, with a capacity of 33 kilotonnes per annum (ktpa).

The plant is targeted to be operational by the first half of 2026, the petrochemicals group said in a statement.

Meow

https://theedgemalaysia.com/node/685432

That's what Ex PM Smart Najib was asking to save RM 110 Billion Assets in Sapnrg. Just a Government Guarantee to wins more contracts. Yes Smart Felix999, the settlement formula is very simple:

Payoff 4.75b immediate due debts:

White Knight 1.8b
Sapura OMV disposal 2.3b
Total 4.1b

Another 0.65B or 650million from earnings and internal generated fund.

Settled!!!! Did you see government bailout? No Need government bailout but government need to support like extend thus deadlines, stopping creditors to sell off Sapura Assets.

To Our Success!

Captain Mabel Meow

Haha Capital A is so steady..

Mabel been waiting to top up at 88 sen...

Mabel Blonde hair turn white oledi waiting...

Sigh...

Meanwhile everyone still holding BP are happy today. Although the chart is still bearish, it has now climbed to RM 1.46. When we see money, don't be greedy. This is clearly profits from the sky. Mabel has locked her profit at 1.43 to focus on her other Malaysian and Indonesian Plantation. All the best to LTAT and Boustead!

Beside BP, Mabel KLK is now back to its normal trend and momentum after BP Plantation deal fail. The KLK Shareholders are also very happy. Despite the fail marriage, both parties are happy and can live happily ever and after...

Currently Spot Palm Oil Price is RM 3600 per ton. It's looking good for our Plantation..

https://theedgemalaysia.com/node/684938

To Our Success !

Mabel FarMeow

Let's hope it doesn't happen. GST should be the way forward...

Beside BP, Mabel KLK is now back to its normal trend and momentum after BP Plantation deal fail. The KLK Shareholders are also very happy. Despite the fail marriage, both parties are happy and can live happily ever and after...

To Our Success !

Mabel FarMeow

youarewelcome88 @Mabel... How's Mr Mabel? It's already official? Cheers
10/10/2023 11:04 AM

It's Miss Mabel...Hope it's not official. It's still under discussion Bro...

Meow

Will they give it back now Palm Oil is below RM 4000?

Meow

speakup there we go again, hard earned tax-payers money wasted on bailout. later govt say have to raise this tax raise that tax cos no money. lousy govt!
klk deal was superior cos it involve 0 tax-payer money
10/10/2023 7:34 AM

While the Corrupted got a away easily, earlier they impose Cukai Makmur, now they want to tax Share Dividend. Plantation counters has always been a good source of Dividends.

Can they do that?

https://www.freemalaysiatoday.com/category/nation/2023/10/08/tax-on-share-dividends-will-bring-more-than-gst-govt-told/

Felix888
Great post Mabel !


Summing up...

Price of Sapura will stay YoYo until the restructuring plan is approved.

If restructuring plan not approved..

- PNB and Maybank lose money
- Sapura staff lose job
- Government can no longer get corporate tax from Sapura
- Government can no longer get Sapura employee income tax.
- Vendors lost business opportunities/projects from Sapura.
- Banks may not recovery borrow money
- White Knight not cumming..

Conclusion - Too Big to fail. Nirvana is not too far away.

Meow
07/10/2023 11:13 AM

Cheers Felix888!

Mabel admire your perseverance!

To Our Success!

Captain Mabel Meow

stockraider Mabel tell something material but u always wonder whether believe or not loh ???
Thats why she is wonder woman mah!

But when mabel tell....Raider always believe it is true & will be successful mah!
Thus mabel is also wonder woman loh!

<
07/10/2023 11:25 AM

Cheers stockraider!

Another Smart Investor in i3...

To Our Success !

Meow Meow Meow

Haha ConHuang always telling people to talk about Fact?

Let's talk about fact..

Mabel invests in PN17’s Barakah made 800 %

ConHuang invests in Non PN17’s pmcorp lose 60 %

Which is better?

No wonder so jeles..now following Mabel across i3 (with half baked stories) just to sniffs her panties…

Meow

Haha someone mention about Serba. Mabel came in when Serba was still a Blue Chip. There are 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...Fool Time Trader

No wonder following Mabel across i3 and walk 3 steps behind Mabel..

If he is nice to Mabel, I could use a good driver..

Mabel the Smart Trader..

Sapura Energy Second quarter 2023 earnings released:

• EPS: RM0.003 (up from RM0 in 2Q 2023).
• Revenue: RM1.14b (down 2.5% from 2Q 2023).
• Net income: RM42.8m (up RM45.4m from 2Q 2023).
• Profit margin: 3.7% (up from net loss in 2Q 2023).

Revenue is forecast to grow 2.0% p.a. on average during the next 3 years, compared to a 2.6% decline forecast for the Energy Services industry in Malaysia.

Great Delivery Lady Sapura. Good News from MY Lady Sister…

1. Sapura Energy Bhd, second consecutive profitable quarter 2023
2. She has secured a US$300 million (RM1.4 billion) contract from Azule Energy Angola BV for a gas complex in Angola — the Angola Northern Gas Complex (NGC) project.
3. Oil price spike up Like mad…Brent $96.55 +2.59 +2.76 % and heading towards USD 150...

Life is so beautiful...

Like this Mabel will continue to Goyang Kaki. Once PN17 is History, it will be an orgasm you will never forget..

This week, LTAT and Madani G came to the rescue Bplant. In Malaysia anything is possible.

To Our Success!

Captain Mabel Meow

Summing up...

Price of Sapura will stay YoYo until the restructuring plan is approved.

If restructuring plan not approved..

- PNB and Maybank lose money
- Sapura staff lose job
- Government can no longer get corporate tax from Sapura
- Government can no longer get Sapura employee income tax.
- Vendors lost business opportunities/projects from Sapura.
- Banks may not recovery borrow money
- White Knight not cumming..

Conclusion - Too Big to fail. Nirvana is not too far away.

Meow

Haha you ask ConHuang is like asking a dead corpse..

He's source is only grave star...

Most of the time he only freeze like monk..

Haha ConHuang...from trading perspective these Two PN 17 Companies (SE and AA) are highly profitable in Mabel P&L

Right now Mabel focus is on AA and SE.. Two PN 17 companies that is run by honest and hard working PEOPLE..

Please don't kacau us. Go Back to your PM Corpes..

Meow

Stock: [SAPNRG]: SAPURA ENERGY BERHAD

Aug 8, 2023 3:42 PM | Report Abuse

#B40Forever I regret cutloss 0.04.
Cilaaakaaa u Bobby! U suruh saya cutloss bottom price.
08/08/2023 2:50 PM

B40Forever Should have listened to Mabel, DatoT20 and friends.
Sorry, I called u guys scammers before this.
08/08/2023 2:51 PM

B40Forever Now Bob & Huang both gone missing.
Before this, they were here EVERYDAY (DAY & NIGHT)

I really believe them. So I follow their advice. I thought SAP is gonna be delisting and price will crash to 0.01
That's why i cutloss 0.04.

Congrats to SAP holders who bought 0.035 and 0.04
Congrats to those already lock profit.

I admit my mistakes.
08/08/2023 2:56 PM

Stock: [SAPNRG]: SAPURA ENERGY BERHAD

1 day ago | Report Abuse

Mabel, DatoT20, Felix, and others. please forgive me

Huangbk72 Poor Pitiful Deranged ConMabel

Show what I lost.. prove it.. Lets make it another challenge No. 69.. since you refused to take up any to prove what you post.

Prove it and I delete my id here..

Cannot prove.. you go and delete your id..

Easy right.. just prove for once.. you are not talking gibberish.
06/10/2023 11:52 PM

#Huangbk72 Simple challenge to Pitiful Deranged ConMabel

22/09/2023 11:13 AM

Haha Here is another 72 years old Burung Kakak Tua...

Who want to fight with a Corpes Fool Time Trader?

Sigh...Mabel ask you to swing to 3 sen...

Not to Swing to 5.5 sen...You suppose to swing down ....

Ex PM Najib was Smart and Visionary…he can smells good business..

Malaysia will be the laughing stocks to the world that a local O&G Company like Sapura to let it go under. This O&G eco system will be spoilt. It takes long time for Malaysia to build a sizeable O&G company since Renong’s time. Petronas is stronger with record profits last year. They also need player like Sapura. They will help as seen before, by offering faster payment, guarantee to ease Sapura cash flow. Oil majors are boosting exploration projects after securing good profits last year. Outlook is definitely bright for O&G Companies.

Beside the above initiative, there should be a merger between Mabel Sapnrg and Velesto Battleships making biggest O&G company in Malaysia as both are having the same shareholders which is PNB. That's already happen with Mabel Sime Darby. Malaysia's EV push accelerates as Sime Darby bought majority stake in UMW!

Sime Darby maintains Pole Position for 3 straight days after the anoouncement. The group declared a second interim dividend of 10.0 sen/share for the quarter under review. This will bring the total dividend to 13.0 sen/share for FY23, which is higher than 11.5 sen/share in FY22.

Benchmarking: One of Mabel’s Singapore Sembcorp subsidiary, Sembcorp Marine merge with Keppel O&M to form one of the world’s largest offshore energy players, as offshore drilling projects dwindled amid a global transition towards renewable energy. The merger has been approved by shareholders with Sembcorp Marine buy the entire Keppel O&M stake from Keppel Corporation for about $4.5 billion, excluding legacy rigs and associated receivables...

Mabel the Smart Trader

Haha Uncle Huang still here ke?

Just because you lose doesn't means everyone has to lose..

Fool time trader..

OKU_2020 meow ?.......in VET custody for ...hmmm
06/10/2023 4:35 PM

Haha Uncle still here ke?

Mabel has been busy with BP Plantation and KLK as Mabel is so confident about this Battleship. Beside, there are many smart T20 here. So Mabel will continue Goyang Kaki...hihihi...

Burp...excuse me...

Meow

Stock: [BPLANT]: BOUSTEAD PLANTATIONS BHD

Oct 5, 2023 5:36 PM | Report Abuse

#speakup Earn money from Bplant, donate some to MUDA

Dont even think of donate to PH anymore, they are fake reformist
05/10/2023 11:58 AM

#EngineeringProfit Kenyang
05/10/2023 5:07 PM

#rr88 Sold 1.41. See money take money dont be greedy. Ok la 3 cents a piece. Rm3,000 2 hrs work. Siapa mau bagi. Can go for wagyu steak dinner for a week.
05/10/2023 2:45 PM

Burp...excuse me too..

Indeed Gentlemen...Before this LTAT news was announced, some 10 mins before opening bell this morning, there were some 22,000 lots queueing to sell it off at limit down 89 sen. It could have been another limit down that Mabel anticipated. BP Plant could end up at 65 sen upon closing today. LTAT and Malaysian Government save Boustead Plantation from being slaughtered by the Sharks and Syndicates, like Serba Dinamik.

As for Mabel, she decided to lock all her profits before the bell closed. When we see money, don't be greedy. This is clearly profits from the sky.

Chart wise, MACD is still bearish, if it retrace again, we collect lor...BUY LOW SELL HIGH..

Thank you LTAT!

Mabel, the FarMeow


Stock: [BPLANT]: BOUSTEAD PLANTATIONS BHD

Oct 5, 2023 12:39 PM | Report Abuse

#rr88 High 1.41
Low 1.35
Once breakout above 1.41, will go to:
1.41 + (1.41 - 1.35) = 1.47
Today can sell at 1.46..
05/10/2023 12:03 PM

Cheers Sifu rr88!

Mabel's collection today..

RM 1.35 Matched
RM 1.36 Matched
RM 1.37 Matched
RM 1.38 Matched
RM 1.34 Waiting..

So Happy KLK is UP and so is BP Plant..

Tidak Rugi berbudi pada Tanah..

Mabel, the FarMeow

Haha closing 5 sen...

No Issues Mah...Mabel cost is 3 sen...

Life is soooo beautiful...

Enjoy your weekend guys..

Meow

https://www.nst.com.my/business/corporate/2023/10/963574/klk-still-prowl

Kenanga Research said the failed deal was not a total surprise as the signing of the agreement had been postponed twice, initially from Sept 11 to Sept 22 and then again to Oct 6.

The firm noted that the impact on KLK is positive in the near term as weak BPlant's earnings are expected over FY23 to FY24 and KLK would have to bear additional borrowing costs if the deal materialise..

KLK is on Target to hit RM 25 and at the same time continue looking for other plantation to buy as they have been doing before this as they are flush with Cash.

Summing up..

Mabel see KLK is trying to help LTAT through it's difficult times... indirectly the military personnel & the veteran. They are the biggest losers if LTAT fail..

Today Bplant is trading below Mabel's selling price yesterday. It was a wise decision to lock profits yesterday..


Mabel FarMeow

Yes indeed...

https://www.nst.com.my/business/corporate/2023/10/963574/klk-still-prowl

Kenanga Research said the failed deal was not a total surprise as the signing of the agreement had been postponed twice, initially from Sept 11 to Sept 22 and then again to Oct 6.

The firm noted that the impact on KLK is positive in the near term as weak BPlant's earnings are expected over FY23 to FY24 and KLK would have to bear additional borrowing costs if the deal materialise..

KLK is on Target to hit RM 25 and at the same time continue looking for other plantation to buy as they have been doing before this as they are flush with Cash.

Summing up..

Mabel also see KLK is trying to help LTAT through it's difficult times... indirectly the military personnel & the veteran. They are the biggest losers if LTAT fail..

Today Bplant is trading below Mabel's selling price yesterday. It was a wise decision to lock profits yesterday..

Mabel FarMeow

#speakup Earn money from Bplant, donate some to MUDA

Dont even think of donate to PH anymore, they are fake reformist
05/10/2023 11:58 AM

#EngineeringProfit Kenyang
05/10/2023 5:07 PM

#rr88 Sold 1.41. See money take money dont be greedy. Ok la 3 cents a piece. Rm3,000 2 hrs work. Siapa mau bagi. Can go for wagyu steak dinner for a week.
05/10/2023 2:45 PM

Burp...excuse me too..

Indeed Gentlemen...Before this LTAT news was announced, some 10 mins before opening bell this morning, there were some 22,000 lots queueing to sell it off at limit down 89 sen. It could have been another limit down that Mabel anticipated. BP Plant could end up at 65 sen upon closing today. LTAT and Malaysian Government save Boustead Plantation from being slaughtered by the Sharks and Syndicates, like Serba Dinamik.

As for Mabel, she decided to lock all her profits before the bell closed. When we see money, don't be greedy. This is clearly profits from the sky.

Chart wise, MACD is still bearish, if it retrace again, we collect lor...BUY LOW SELL HIGH..

Thank you LTAT!

Mabel, the FarMeow

#rr88 High 1.41
Low 1.35
Once breakout above 1.41, will go to:
1.41 + (1.41 - 1.35) = 1.47
Today can sell at 1.46..
05/10/2023 12:03 PM

Cheers Sifu rr88!

Mabel's collection today..

RM 1.35 Matched
RM 1.36 Matched
RM 1.37 Matched
RM 1.38 Matched
RM 1.34 Waiting..

So Happy KLK is UP and so is BP Plant..

Tidak Rugi berbudi pada Tanah..

Mabel, the FarMeow

Good JOB KLK...Keep Selling...

Mabel, the FarMeow

MACD for BP plant is still bearish...while KLK MACD is bulliish

Mabel KLK is currently unloading it's BP shares. Thanks God they are not making a loss from last week BUYING Price.

So KLK get a good deal after all...

Mabel the FarMeow

Thanks for sharing Calvin..

Based on FGV and BP Moral of the story is there is inherent risks investing in a GLCs....

Meow

Just like FGV, Government is cuming to the rescue...RM 300 million will be pumped in this week.

As a Shareholders for KLK, Mabel is OK if this deal doesn’t go through. Unlike the previous IJM Plantation, which is profitable, Boustead Plantation is loss making company. In addition, more capital injection is required to plant those aging Palm Oil trees.

Recap: The sale to KLK is a good deal for them (LTAT) and leaves KLK holding the baby, taking all the risks. Boustead Plantations, while owning a large tract of plantation land, has among the lowest fresh fruit bunch (FFB) yields in the industry. Almost half of its plantations require replanting, which would cost Boustead Plantations RM600 million or thereabouts. It will take a very long time for Boustead Plantations to generate sufficient operating profit to translate into steady dividends for LTAT.

Put another way, 46% or 32,963ha of Boustead Plantations’ oil palm trees are over 20 years old. At an average replanting cost of RM30,000 per hectare, and a replanting exercise of 5,000ha per year, Boustead Plantations would have to fork out RM150 million a year.

The news of KLK acquisition has helped Boustead Plantation shares to rocket from 65 sen to RM 1.52. Now it has gone down RM 1.22. Following the steep decline, Bursa suspended proprietary day trading (PDT) and intraday short selling (IDSS) of Boustead Plantation shares for the rest of Monday. KLK shares, meanwhile, stood unchanged at RM21.40 per share at the noon break. Mabel think KLK shares prices will climb after this since no more National Duty is required to save Boustead Plantation.

Mabel, the FarMeow

Just like FGV, Government is cuming to the rescue...RM 300 million will be pumped in this week.

As a Shareholders for KLK, Mabel is OK if this deal doesn’t go through. Unlike the previous IJM Plantation, which is profitable, Boustead Plantation is loss making company. In addition, more capital injection is required to plant those aging Palm Oil trees.

Recap: The sale to KLK is a good deal for them (LTAT) and leaves KLK holding the baby, taking all the risks. Boustead Plantations, while owning a large tract of plantation land, has among the lowest fresh fruit bunch (FFB) yields in the industry. Almost half of its plantations require replanting, which would cost Boustead Plantations RM600 million or thereabouts. It will take a very long time for Boustead Plantations to generate sufficient operating profit to translate into steady dividends for LTAT.

Put another way, 46% or 32,963ha of Boustead Plantations’ oil palm trees are over 20 years old. At an average replanting cost of RM30,000 per hectare, and a replanting exercise of 5,000ha per year, Boustead Plantations would have to fork out RM150 million a year.

The news of KLK acquisition has helped Boustead Plantation shares to rocket from 65 sen to RM 1.52. Now it has gone down RM 1.22. Following the steep decline, Bursa suspended proprietary day trading (PDT) and intraday short selling (IDSS) of Boustead Plantation shares for the rest of Monday. KLK shares, meanwhile, stood unchanged at RM21.40 per share at the noon break. Mabel think KLK shares prices will climb after this since no more National Duty is required to save Boustead Plantation.

Mabel, the FarMeow...

Bumi Armada Berhad
Share Price 7 Day 1 Year
0.56 1.8% 40.0%

Now 20% undervalued. Over the last 90 days, the stock is up 13%.

The fair value is estimated to be RM0.70, however this is not to be taken as a buy recommendation but rather should be used as a guide only.

Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable.

Revenue is forecast to decline by 1.3% in 2 years. Earnings is forecast to grow by 11% in the next 2 years.

Captain Mabel Meow

Vin_Fx Captain Mabel~
Are you in already?
29/09/2023 3:33 PM

Vin_Fx Captain Mabel said she wanted to reenter, and I waited for her signal
29/09/2023 3:39 PM

Haha Just saw this Vin_F.

Captain Mabel has never left as Mabel will always keep at least between 10 to 20 lots after locking profits at previous high since early this year. Current average cost of 89.5 sen. Mabel has been in and out of AA like a YoYo..

Haha to be honest this YoYo movement is really exciting and a good practise to BUY LOW and SELL HIGH. For Mabel AA Trading P&L is a Double Digit Profits.

That's why Mabel loves CapitalA Operator. They are as smart as Tony..

Bursa Malaysia is expected to move in a downward trend next week, shrinking to 1,400 points from the current level of 1,420 points as most stocks struggle to find further direction..

AA is currently flying above 50,100 and 200 Moving Average. However, Death Cross happens on Friday. As mentioned earlier Mabel will re-enter (top up)again at 88 sen.

Don't worry, we can always rely on Smart Handsome Tony. Now Mabel Understand why his Korean Wife can't leave home without him...

To Our Success !

Captain Mabel Meow

Sapura Energy Second quarter 2024 earnings released:

• EPS: RM0.003 (up from RM0 in 2Q 2023).
• Revenue: RM1.14b (down 2.5% from 2Q 2023).
• Net income: RM42.8m (up RM45.4m from 2Q 2023).
• Profit margin: 3.7% (up from net loss in 2Q 2023).

Revenue is forecast to grow 2.0% p.a. on average during the next 3 years, compared to a 2.6% decline forecast for the Energy Services industry in Malaysia.

Great Delivery Lady Sapura. Good News from MY Lady Sister…

1. Sapura Energy Bhd, second consecutive profitable quarter 2023
2. She has secured a US$300 million (RM1.4 billion) contract from Azule Energy Angola BV for a gas complex in Angola — the Angola Northern Gas Complex (NGC) project.
3. Oil price spike up Like mad…Brent $96.55 +2.59 +2.76 % and heading towards USD 150...

Life is so beautiful...

Like this Mabel will continue to Goyang Kaki. Once PN17 is History, it will be an orgasm you will never forget..

To Our Success!

Captain Mabel Meow

KUALA LUMPUR (Sept 27): Gamuda Bhd’s annual net profit crossed the RM1 billion mark for the financial year ended July 31, 2023 (FY2023) after it posted a 128.03% increase to RM1.84 billion from RM806.23 million in the previous year (FY2022), largely fuelled by gains on the divestment of its highways.

For the second quarter ended July 31, 2023 (2QFY2024), Sapura reported a net profit of RM42.81 million or 0.27 sen per share, versus a net loss of RM2.59 million or 0.02 sen per share a year ago.

Sapura attributed 2QFY2024’s profitability to lower depreciation, higher share of profit from joint venture and associate, as well as favourable foreign exchange gain from the appreciation of US dollar against the ringgit.

Revenue, however, dipped 2.5% to RM1.14 billion in 2QFY2024 from RM1.17 billion in 2QFY2023, mainly due to the completion of a project under its drilling businesses.

The group's earnings before interest, taxes, depreciation and amortisation (Ebitda) also dropped in 2QFY2024 compared to the preceding quarter, mainly due to project delays within its engineering and construction (E&C), and operations and maintenance (O&M) business segments.

Its drilling business segment, meanwhile, continued to demonstrate robust performance, the group said, driven by lower operating expenses and the commencement of new contracts.

“The exploration and production business segment, operated through the SapuraOMV Upstream joint venture, also maintained consistent performance during the reviewed quarter, albeit with a slight decline in average gas production, mainly due to a scheduled shutdown,” it said.

For the first six months of FY2024 (1HFY2024), the oil and gas engineering firm’s net profit more than doubled to RM188.89 million from RM89.34 million in the previous corresponding period, while revenue grew 1.7% to RM2.09 billion from RM2.06 billion.

Sapura said its 1HFY2024 results showcased its resilience in overcoming multiple operational challenges, including escalating project and financing costs, as well as a lack of access to bank guarantees and working capital, which in turn affected order book replenishment.

“We are building on our steady recovery to set the stage for future growth. To maintain this positive momentum, we will continue to improve the group’s cashflow and Ebitda, and strengthen operational efficiencies to protect project margins and drive consistent results,” said Mohd Anuar.

“Addressing our unsustainable debt remains a crucial part of our sustainability, and we will continue to make every effort to resolve this with all relevant stakeholders,” he added.

As part of Sapura’s debt restructuring, the group said it has validated RM1.5 billion worth of overdue claims from approximately 2,000 trade creditors.

“Operationally, we continue to geographically reposition ourselves to capture opportunities, in particular with E&C and O&M segments. Meanwhile, drilling remains the group’s solid base with 10 rigs contracted to clients across Thailand, Malaysia and Africa. Furthermore, the divestment of the group’s 50% stake in SapuraOMV is ongoing,” said Sapura.

“The group will continue its effort to address the unsustainable debt and Practice Note 17 status, facilitated by CDRC (Corporate Debt Restructuring Committee), and is hopeful of reaching a principal agreement with its MCF (multi-currency financing) financiers by end of this year,” it added.

Sapura Energy shares gained half sen or 10% to close at 5.5 sen on Wednesday, giving the group a market capitalisation of RM878.85 million.