*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

Haha now GREEN Candles Cumming up...

So Yummy...

YTL Power always cum back before closing..

Meow Meow Meow

Sapura Energy Group Chief Executive Officer Datuk Mohd Anuar Taib also conveyed similar appreciation to Sapura Energy’s White Knight, stating, "Their backing is crucial in instilling confidence in our Company’s strategic direction. We greatly value their support, which will ensure Sapura Energy’s sustainable future beyond this turnaround.”

Sapura Energy Bhd and its 22 wholly-owned subsidiaries secured new convening and restraining orders from the High Court. These orders are effective for a three-month period starting March 11, 2024.

The company, which has been grappling with debt, considers these orders a crucial step in its comprehensive debt restructuring strategy.

Here are the key details:

• Purpose: The court orders are executed under the legal framework of the Companies Act 2016 and play a pivotal role in Sapura Energy’s overarching group-wide debt restructuring plan.

• Objective: The initiative aims to address approximately RM10.8 billion in multi-currency financing and outstanding payments of about RM1.5 billion to trade creditors.

• Process: Sapura Energy will convene meetings with creditors to evaluate and endorse a proposed scheme of arrangement and compromise (PRS).

• Support: The restructuring plan has gained significant traction with approval-in-principle from multi-currency financing lenders and steadfast support from Sapura Energy’s white knight.

• Ongoing Milestones: The company is actively working on completing the proof of debt assessment, finalizing scheme papers, and initiating court-convened meetings with all creditors.

• Equitable Resolution: Sapura Energy’s commitment to an equitable resolution benefits all parties involved, particularly the small and medium Malaysian vendors within the energy industry ecosystem.

These efforts underscore the company’s determination to navigate its financial challenges and find a sustainable path forward

Nepo nibble some rm6.7x, great price
05/03/2024 11:44 AM

Well done Nepo...

This is a good price to enter..

yielder is this a good time to buy? since China's excess capacity flood the market and forced weak competitors to shut. does Petchem has long term advantage?
07/03/2024 9:28 AM

Mabel sold all RM 7, RM 7.01 and RM 7.02..

Now waiting to reenter...

PCHEM currently is still bullish..

Touche OTB and thanks for sharing..

The KLCI is poised for a rebound after falling for two consecutive days. The firmer US markets, thanks to comments from Federal Reserve Chair Jerome Powell that interest rates will likely fall this year, will help lift sentiment. Trading, however, will remain choppy ahead of US jobs data and China inflation data. All eyes will also be on BNM’s Monetary Policy Committee meeting later today. Locally, energy stocks may steal some limelight after oil futures made a comeback. Technically, we expect the benchmark index to range between 1,520pts and 1,540pts today, with supports at 1,505pts and 1,477pts.

With POWER cum Responsibility..

Today Mabel YTL Power looks so beautiful...

TO RM 6.30 with loves...

Meow

Heard that Yinson Holdings Berhad Subordinated Sukuk Wakalah was fully subscribed.

It was snap immediately within 20 minutes and most of the buyers are Institution Buyers.

Pretty sure those Big Guys knows something that we don't know. Otherwise why would they sapu all the sukuk within 20 minutes..

Looking forward for more good news just like what we have seen in YTL Power, News after News keep cumings...

To Our Success!

Meow

Haha why would Mabel want to join Auntie Huang?

PM Corpes not enough ke?

After Hibernating in PM Corpes for 7 years, now Auntie Huang is hibernating in Serba...hihihi...

This is so funny...hahaha...

#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

#OTB The technical chart pattern of YTLPower is a "Cup And Handle" chart pattern.
Please look at the technical chart yourself.
The Cup is formed from 30/1/2024 to 27/2/2024.
The Handle starts to form from 28/2/2024 onwards.
I hope to see the Handle is formed by 15/3/2024 if the share price can break new high at 4.24.
If the share price can break new high above 4.24, there is a good chance that the share price can move up north towards 5.00 and higher on a faster rate .....
My target price for YTLPower is to reach 6.30 before 30/6/2024.
Good luck to all investors here.
Thank you.
04/03/2024 9:32 PM

Thank you OTB!

What Does a Cup and Handle Pattern Tell Mabel?

American technician William J. O'Neil defined the cup and handle (C&H) pattern in his 1988 classic, How to Make Money in Stocks, adding technical requirements through a series of articles published in Investor’s Business Daily, which he founded in 1984. O'Neil included time frame measurements for each component, as well as a detailed description of the rounded lows that give the pattern its unique teacup appearance.

As a stock forming this pattern tests old highs, it is likely to incur selling pressure from investors who previously bought at those levels; selling pressure is likely to make price consolidate with a tendency toward a downtrend trend for a period of four days to four weeks, before advancing higher. A cup and handle is considered a bullish continuation pattern and is used to identify buying opportunities.

Summing up:
A cup and handle is a technical chart pattern that resembles a cup and handle where the cup is in the shape of a "u" and the handle has a slight downward drift. A cup and handle is considered a bullish signal extending an uptrend, and it is used to spot opportunities to go long. Technical traders using this indicator should place a stop buy order slightly above the upper trendline of the handle part of the pattern.

To Our Success !

Meow

klee nvidia pre market up usd10 to usd 833 now
04/03/2024 6:58 PM

AI giant Nvidia (NVDA) rallied 3.9% in this morning trading, hitting record highs...$852.37

Meow Meow Meow

All the best Felix888999!

To Our Success !

Meow

https://www.nst.com.my/business/corporate/2024/03/1020800/without-new-additions-fbm-klci-constituents-earnings-down-33pct

Anyway as always, it's your call whether to hold or not..

P&L wise with 3 sen holding cost, Mabel has no issues holding Sapnrg..

Let the honest and hardworking CEO continue with their works..

To Our Success !

Meow

If that Auntie can hibernate for 7 years?

What is one year ...hihihi

Haha Felix what farewell?

Farewell is only for those who has no shares..

Those who is holding Sapnrg would like to see a complete turnaround..

Even Non PN17 PCHEM and Yinson are down today. Our Sapnrg is up by 11% today mah...

Even PNB is still holding...The potential gain is huge. The only frustration is the opportunity cost while waiting for the turnaround...So it cums back to position sizing...

Mummy always said, don't listen to stranger, especially that Auntie with no shares

To Our Success!

Meow

Touche Dragon..

Today Mabel collect more at RM 3.90...hihihi

To Our Success !

Meow

BTW are there any Airlines out there that has Won the coveted ‘World’s Best LCC’ award for a record 14 times in a row by Skytrax?

Hihihi...

To Our Success!

Captain Mabel Meow

Value Proposition

Asia’s leading low cost carrier with highest market share,largest fleet size and most extensive route network.

Operates in 4 countries after exiting Japan and India, which provides unrivalled route network reach.

Lowest unit cost airline in the world. Management is very ambitious, cost conscious and forward-thinking.

Growing middle class in Asia fuelling growth in demand for air travel.

Won the coveted ‘World’s Best LCC’ award for a record 14 times in a row by Skytrax

Source : Mabel's Tiger Bank

Meow

Hit turbulence in 4Q23

Return-to-service maintenance cost caused 4Q23/FY23 results to come in below our expectations but they will normalise going forward. More importantly, fares are rising on reduced competition. Our FY24E/FY25E earnings are little changed on housekeeping (i.e. MYR2m/+MYR2m). We also introduce FY26E estimates. Our SOP-TP is tweaked up to MYR0.94 from MYR0.92. Going forward, we still expect future quarters to generate narrower losses and eventually breakeven.

A decent end to FY23

CIMBs FY23 earnings were above expectations, and we have raised our FY24-26E earnings forecasts by 4-6%. Nevertheless, our FY24E ROE of 10.5% trails managements target of 11-11.5%. Our TP is raised to MYR7.40 (+70sen), on a higher FY24E PBV of 1.1x (1.0x previously). A special DPS of 7sen has been declared. BUY maintained.

Source: Mabel's Tiger Bank

Cimb Group Holdings Berhad Announces Special Dividend for the Financial Year Ended 31 December 2023, Payable on 3 Apr. 2024

CIMB Group Holdings Berhad announced Special Dividend of 7.00 sen per share in respect of the financial year ended 31 December 2023. Ex- Date is March 15, 2024, Entitlement date is 18 March 2024, Payment Date is 3 Apr. 2024.

Meow Meow Meow

Yesterday we talked about DBS (Southeast Asia Biggest Bank) and Wilmar (World Largest Plantation by Market Capitalization) Dividend Growth.

Today we talked about share prices vs earning growth for CIMB (Bank) vs Sarawak Plantation (Palm Oil)

Over the last 3 years on average, CIMB Bank earnings per share has increased by 32% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. Meanwhile SOP palm oil plantation earnings per share has increased by 2% per year whereas the company’s share price has increased by 6% per year. Can you explain why the bank share prices is lagging with the earning growth?

Let’s analyse the situation for both CIMB Bank and SOP (Sarawak Oil Palms):

CIMB Bank: Earnings Growth: CIMB Bank has experienced robust earnings growth, with earnings per share (EPS) increasing by an impressive 32% per year on average over the last 3 years. Share Price Lag: Despite the strong earnings performance, the share price has only grown by 12% per year on average during the same period.

Possible Reasons: Market Sentiment: Investor sentiment and market perception play a significant role. If investors perceive risks or uncertainties related to the banking sector, it can suppress share price growth. Interest Rate Environment: Banks are sensitive to interest rate changes. If interest rates remain low or decline, it can impact net interest margins and profitability, affecting share prices. Regulatory Environment: Regulatory changes, capital requirements, and compliance costs can influence investor confidence. Market Perception of Banking Sector: The overall market view of the banking industry may not align with the strong earnings growth of individual banks.

SOP (Sarawak Oil Palms): Earnings Growth: SOP’s earnings per share (EPS) has increased by a more modest 2% per year on average over the last 3 years. Share Price Performance: Despite the relatively lower earnings growth, SOP’s share price has still managed to grow by 6% per year on average.

Potential Factors: Industry-Specific Factors: The palm oil industry has its own dynamics, including supply-demand fluctuations, commodity prices, and weather conditions. These factors can impact share prices. Investor Sentiment: Investors may perceive palm oil companies differently based on environmental and sustainability concerns. Market expectations: SOP’s share price growth might align better with market expectations for the palm oil sector.

In summary, while earnings growth is a crucial driver of share price appreciation, other factors such as market sentiment, industry-specific dynamics, and regulatory environment also come into play.

Market sentiment refers to the overall mood or attitude of investors and traders toward a particular financial market, asset class, or individual securities. It plays a crucial role in shaping price movements and can significantly impact share prices. When market sentiment is bullish, investors are optimistic about the future. They believe that prices will rise, and economic conditions will improve. Bullish sentiment tends to drive buying activity. Investors purchase stocks, leading to increased demand and higher share prices. Positive news, strong earnings reports, and favorable economic indicators contribute to bullish sentiment. The opposite goes with bearish sentiments.

Finally, Capital A returned to the black after four consecutive years of net losses with net profit of RM836.99 million in FY2023 versus a net loss of RM2.63 billion in FY2022. Revenue for the full year more than doubled to RM14.77 billion from RM6.44 billion a year earlier.

On its non-aviation business, Capital A is targeting for its BigPay division to achieve its first month of positive earnings before interest, taxes, depreciation, and amortization by the end of 2024.

Over the last 3 years on average, PN 17 Capital A earnings per share has increased by 75% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.

Capital A Full year 2023 results:

EPS: RM0.20 (up from RM0.65 loss in FY 2022).
Revenue: RM14.8b (up 124% from FY 2022).
Net income: RM837.0m (up RM3.46b from FY 2022).
Profit margin: 5.7% (up from net loss in FY 2022).

Revenue is forecast to grow 8.0% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Airlines industry in Asia.

Over the last 3 years on average, earnings per share has increased by 75% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.

Haha no worries...

This counter no need to monitor so much...so steady mah...

Dividend investing is like planting a tree...

The earlier you start, the bigger your tree is going to grow.

And before you know it, you will be resting in the shade of your own financial forest, enjoying the fruits of your labor, year after year...

Why?

Because dividends... GROW.

And that's how some Dividend Machines reached their milestones in dividends.

For the past 10 years...

DBS (Bank) increased their dividends by 158%
Wilmar (Plantation) increased their dividends by 112%
So if you think $5,000 in annual dividends today is too little...

Your $5,000 'passive' income just became:

$12,900 if you invested in DBS
$10,600 if you invested in Wilmar
All you did is buying the right dividend stocks...

...And wait

Get paid in year 1...

...And wait

Get paid more in year 2...

...And wait

Get paid even more in year 3...

https://www.youtube.com/watch?v=-0kcet4aPpQ

Dividend investing is like planting a tree...

The earlier you start, the bigger your tree is going to grow.

And before you know it, you will be resting in the shade of your own financial forest, enjoying the fruits of your labor, year after year...

Why?

Because dividends... GROW.

And that's how some Dividend Machines reached their milestones in dividends.

For the past 10 years...

DBS (Bank) increased their dividends by 158%
Wilmar (Plantation) increased their dividends by 112%
So if you think $5,000 in annual dividends today is too little...

Your $5,000 'passive' income just became:

$12,900 if you invested in DBS
$10,600 if you invested in Wilmar
All you did is buying the right dividend stocks...

...And wait

Get paid in year 1...

...And wait

Get paid more in year 2...

...And wait

Get paid even more in year 3...

https://www.youtube.com/watch?v=-0kcet4aPpQ

Dividend investing is like planting a tree...

The earlier you start, the bigger your tree is going to grow.

And before you know it, you will be resting in the shade of your own financial forest, enjoying the fruits of your labor, year after year...

Why?

Because dividends... GROW.

And that's how some Dividend Machines reached their milestones in dividends.

For the past 10 years...

DBS (Bank) increased their dividends by 158%
Wilmar (Plantation) increased their dividends by 112%
So if you think $5,000 in annual dividends today is too little...

Your $5,000 'passive' income just became:

$12,900 if you invested in DBS
$10,600 if you invested in Wilmar
All you did is buying the right dividend stocks...

...And wait

Get paid in year 1...

...And wait

Get paid more in year 2...

...And wait

Get paid even more in year 3...

https://www.youtube.com/watch?v=-0kcet4aPpQ

Dividend investing is like planting a tree...

The earlier you start, the bigger your tree is going to grow.

And before you know it, you will be resting in the shade of your own financial forest, enjoying the fruits of your labor, year after year...

Why?

Because dividends... GROW.

And that's how some Dividend Machines reached their milestones in dividends.

For the past 10 years...

DBS (Bank) increased their dividends by 158%
Wilmar (Plantation) increased their dividends by 112%
So if you think $5,000 in annual dividends today is too little...

Your $5,000 'passive' income just became:

$12,900 if you invested in DBS
$10,600 if you invested in Wilmar
All you did is buying the right dividend stocks...

...And wait

Get paid in year 1...

...And wait

Get paid more in year 2...

...And wait

Get paid even more in year 3...

https://www.youtube.com/watch?v=-0kcet4aPpQ

OTB I hope it is a good news to Yinson, the share price of Yinson failed to perform despite many good announcements previously.
I believe the PAT for FY 2024 result (Jan 2024) to be released in March 2024 will be very good.
I expect the PAT to be around 1 billion.
No many companies listed in KLSE able to report 1 billion PAT.
Hope for a better luck for Yinson in 2024.

AmInvest recommended a target price of 4.00 for Yinson in its latest report attached.
https://klse.i3investor.com/web/pricetarget/research/70410
Thank you.
20/02/2024 4:32 PM

OTB Dear,

Yinson has been climbing well since yesterday. Perhaps insiders are buying expecting fantastic result..

Thank you so much for sharing..

Meow