I already told you all that Poultry will be very bullish in H2 2023 one month ago. Hehe.

I think the sharp decline today is cause by the AEON news this morning.
https://www.klsescreener.com/v2/news/view/1202801/closure-of-aeon-sunway-pyramid-won-039-t-have-material-impact-on-aeon

Record high profit. Poultry will be very bullish in H2 2023.

Post removed.Why?

RGB achieved record revenue on 2018 is 379m stock price is above 0.2 after the issue of bonus in 2018. 270m of sales contract is equivalent to 71% of the peak revenue in 2018. If the net margin can maintain at 9% of the past historical record, estimate net profit will be minimum 24m and this is excluding other sales.

https://www.enanyang.my/%E8%B4%A2%E7%BB%8F%E6%96%B0%E9%97%BB/rgb%E5%9B%BD%E9%99%85%E8%8E%B727%E4%BA%BF%E8%AE%A2%E5%8D%95

Philippines generates about 60% of the group’s revenue. The worst for RGB is over.
Philippines already move to Alert 2 status since 3rd Dec 2021 where by Casino can operate at 50% capacity in Alert 2. The country had opened their border for tourist starting from 10 Feb 22.
https://www.reuters.com/lifestyle/philippines-welcomes-back-foreign-tourists-first-time-two-years-2022-02-10/

Technavio report titled Global Slot Machine Market 2020-2024 that global slot machine market size is expected to grow at a 15% compounded annual. Growth rate with a US$14.09bil revenue during the forecast period of 2020-2024.

Good qrt. Next qrt started to have government subsidy + CNY festival. TeoSeng already overcome the worst.

https://www.thestar.com.my/business/business-news/2022/02/08/malaysian-growers-benefit-from-indonesias-new-export-ruling

Good News.
https://www.theedgemarkets.com/article/govt-agrees-subsidise-60-sen-kg-chickens-5-sen-egg-poultry-farmers

Back to profit during lock down month. Q4 should be better after the economic, restaurant, canteen, travel holiday back to normal.

Time to accumulate!

Anyone know why Q result not yet release?

thought the result should release before 1st Sep?

南视界】周日大解放? 商场又现排队人潮

https://www.enanyang.my/%E8%A6%81%E9%97%BB/%E3%80%90%E5%8D%97%E8%A7%86%E7%95%8C%E3%80%91%E5%91%A8%E6%97%A5%E5%A4%A7%E8%A7%A3%E6%94%BE-%E5%95%86%E5%9C%BA%E5%8F%88%E7%8E%B0%E6%8E%92%E9%98%9F%E4%BA%BA%E6%BD%AE.

Ini kalilah.

“The growth of planting, particularly out of Indonesia, has slowed down and there is no significant growth coming out from Indonesia. In Malaysia, there are hardly any new plantings. If you combine this with the fact that the world continues to need more palm oil supply, this is what you get — a structural tightness of supply and demand,” he explained.

https://www.theedgemarkets.com/article/sime-darby-plantation-cpo-prices-remain-elevated-rm4000rm4700-next-six-months

Cash only left RM5m. -_-!!.

Yeah...

wow... nice show

Yes. Agreed with Kang Yao. It is seasonal and nothing so surprise. During Feb 2020 the log volume is only 3,003.

ya. The global shipping trip already double compare to last year.

https://www.theedgemarkets.com/article/jaya-tiasa-valuation-attractive-says-affin-hwang-capital

My rough calculation. Q4 will be pretty handsome top and bottom line.
Estimated revenue 400m, net profit 60m which is double against Q3.

when everybody was focusing on the CPO record high price. Many not aware that the log price also trading at four-year record high.
December 31, 2020 287.00
November 30, 2020 285.35
October 31, 2020 283.12
September 30, 2020 282.12
August 31, 2020 280.84
July 31, 2020 278.89
June 30, 2020 276.71
May 31, 2020 277.73
April 30, 2020 276.24
March 31, 2020 276.93
February 29, 2020 270.56
January 31, 2020 272.40

Sep Net Profit- RM34,844
With the current CPO price RM3,500, lets forecast Dec result to maintain at RM35,000.
Mar 2021- RM35,000,
Jun 2021- RM35,000.

The whole year profit will be RM139,844,000. With the current share price 0.925, the PE ratio is only 6.44 which is definitely undervalued.

With the 8 years record high CPO price and Jtiasa average 11-year-old Prime tree, the more reasonable PE should be more than 10. PE 10 the share price should be 1.44 which still has a 56% uptrend.

Furthermore, Malaysia and Indonesia government already stop issuing Palm Oil license a few years ago. Hence, high opportunity the share price will touch 1.50 within H1 2021.

Good luck to all who's holding Jtiasa.

twice special dividend going to issue. This will be the first special dividend. 9%+9%, total 18% DY.

Evered

Don't you think it is wired to a company whose propose M&A every year. Why don't Public Bank, Microsoft, IBM, KFC propose to have M&A every year?

http://www.enanyang.my/news/20180126/%E5%8D%87%E6%81%AF%E8%B5%A2%E5%AE%B6-%E9%93%B6%E8%A1%8C-%E5%8D%9A%E5%BD%A9-%E5%8D%8A%E5%AF%BC%E4%BD%93-%E8%BE%93%E5%AE%B6-%E4%BA%A7%E4%B8%9A-%E6%B1%BD%E8%BD%A6-%E6%B6%88%E8%B4%B9/

Nice closing with round figure 10.00

Guys, lets fasten your seatbelts.

http://www.thestar.com.my/business/business-news/2017/09/05/refining-margins-set-to-rise-postharvey/

https://www.businesslive.co.za/bd/markets/2017-09-05-asian-refiners-enjoy-better-margins-after-harvey-but-this-may-be-short-lived/

Hoteye, I think the recent falls in share price is due to the below 4 issues:
1. The Power Purchase Agreement with Sabah Electricity S/B is going to expired on 2nd Dec 2017.
2. China Power Plant will remaining weak in demand & cost increase due to the tightening environment policy.
3. Increase of debt.
4. Slow down of Don Sahong Hydropower construction due to the local raining season on May- Oct 2017.

Thanks Patrick.

@paperplane2016 what is FRS9?

What is "impairment of receivable"? Bad debt?

Thanks yeekarwai 95.

Anyone can share where to check CRC price, perhaps got a chart?

Yesterday is the AGM, anyone can share the outcome?

I thought Calvin bought 150,000 shares.

CSC is a very strong company and influencing in Taiwan and China market in the pass history. Market used to refer to their forecast steel price as a benchmark when adjusting their selling price. Because of the recent rapid growth of China economic & futures market in the decade, China steel price became the benchmark. During end of 2015 when the market is still in oversupply condition, CSC has announced their forecast products price in an uptrend moving for the next three month until March 2016 and the market is very surprise with that. Again, CSC is right and very much ahead than many steel manufacturers. Many times they have done an accurate forecast about the steel market in Southeast Asia. All "chun chun"!

It is causes by the termination of contract with Danieli & C.Officine. RM141m written off in the cash flow.
"Pending the outcome of SHRC's claims against Danieli in the arbitration, an amount of RM141 million" reference 4th Quater Report, pg SSB/8.
The overall business is improving.