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2022-05-31 21:52 | Report Abuse
https://tw.news.yahoo.com/%E5%8
https://tw.news.yahoo.com/%E5%8F%B0%E7%A9%8D%E9%9B%BB%E5%B0%BE%E7%9B%A4-271-%E5%84%84%E8%B2%B7%E7%9B%A4%E6%8B%89%E5%8D%87-%E8%B2%A2%E7%8D%BB%E5%8F%B0%E8%82%A1-116-%E9%BB%9E-072955430.html
2022-05-31 21:52 | Report Abuse
https://tw.news.yahoo.com/%E5%8F%B0%E7%A9%8D%E9%9B%BB%E5%B0%BE%E7%9B%A4-271-%E5%84%84%E8%B2%B7%E7%9B%A4%E6%8B%89%E5%8D%87-%E8%B2%A2%E7%8D%BB%E5%8F%B0%E8%82%A1-116-%E9%BB%9E-072955430.html
It is Taiwan news, but the same apply to Malaysia
2022-05-31 21:51 | Report Abuse
https://tw.news.yahoo.com/%E5%8F%B0%E7%A9%8D%E9%9B%BB%E5%B0%BE%E7%9B%A4-271-%E5%84%84%E8%B2%B7%E7%9B%A4%E6%8B%89%E5%8D%87-%E8%B2%A2%E7%8D%BB%E5%8F%B0%E8%82%A1-116-%E9%BB%9E-072955430.html
It is Taiwan news, but the same apply to Malaysia
2022-05-31 19:54 | Report Abuse
It is MSCI investment adjustment for the next quarter onwards. And yes, those counter selected are in the one that MSCI focused on and congratulations this includes Hibiscus
2022-05-31 14:33 | Report Abuse
Brent crude futures for July rose above $122 per barrel on Tuesday, hitting its highest since March 9, after EU leaders reached an agreement to ban 90% of Russian crude by the end of 2022, fueling concerns of an even tighter global market. The agreement resolves a deadlock with Hungary over the bloc’s toughest sanction yet on Moscow and would clear the way for other elements of a sixth package, including cutting Russia’s biggest bank from the SWIFT messaging system. However, some analysts suggested that oil price gains may be muted as the move has already been priced in by the markets. Meanwhile, demand from China is expected to pick up after the cities of Beijing and Shanghai eased Covid restrictions, with some reservations about the effect of skyrocketing petrol prices on global consumption. On the production side, OPEC+ is set to stick to its policy of modest output increases at its meeting on Thursday, rejecting western calls for faster production to lower prices.
2022-05-31 14:32 | Report Abuse
oil prices surge a bit fast. A ideal way is too rise bit by bit to avoid sudden collapse.
but it also good to some still waiting to buy Hibiscus at the low price RM 1.02..now you need to rush in to buy, but after buy you trap..
2022-05-31 08:59 | Report Abuse
B1. Review of performance
The Group’s revenue of RM990.5 million for the current quarter ended 31 March 2022 is higher than the revenue
in the previous corresponding quarter ended 31 March 2021 of RM960.1 million. The increase of 3.17% in
turnover is mainly due to increase in selling price and volume of cocoa solids.
B2. Comment on material change in profit before tax
The Group made a profit before tax for the quarter 31 March 2022 of RM64.6 million as compared with the profit
before tax of RM40.9 million in the preceding year corresponding quarter ended 31 March 2021. This is mainly
due to improved margin, and also contributed by lower production cost achieved through higher production volume
during current quarter ended 31 March 2022.
B3. Commentary of prospects
With international borders reopened for travel and the pandemic behind us, we expect the demand for cocoa
ingredients to grow in tandem with the improved chocolate consumption in developed markets of US and Europe.
However, the ongoing Russia-Ukraine conflict is disrupting the supply of oil and natural gas into Europe, resulting
in high energy cost in Europe and worldwide. On top of this, recent inflationary pressures and interest rate spikes
may also create uncertainty to the economy and affect our business performance.
The container shortage issue has slightly eased off in the second quarter this year as we see reduction in freight
cost lately. This will improve our products’ competitiveness and reduce the impact to our business in the near
future.
We are confident in our long term prospects. The Group will continue to place strong focus on exploring new
markets, especially in the European region for its wide range of cocoa ingredients as well as industrial chocolate,
and optimizing production according to the market conditions.
2022-05-30 16:23 | Report Abuse
to ride this rare opportunity in oil price hike
2022-05-30 16:22 | Report Abuse
I believe can buy already @ RM 1.29
2022-05-30 10:46 | Report Abuse
if you look back the record for the third quarter y/e 30/6/2016, 2017, 2018, 2019, you will notice that in fact third quarter result are at par with the third quarter for the y/e 30/6/2022. in other words, PADINI already return to pre-covid performance. If the share price now is lower than pre-covid, you can just gobble up any shares if share price is below 2.9
2022-05-30 10:36 | Report Abuse
Outlook. We look forward to Padini’s strong near-term performance being underpinned by robust consumer sentiment given the Aidil Fitri festivities, mass return to office, and cash withdrawals. Looking beyond the near term, with Padini’s close competitors phased out by the pandemic, the likelihood of market share gains should also bode well for the group, translating to better sales growth moving forward. Expansion plans may also start coming into play, in our view, with the nationwide transition to endemicity. However, we await further capex guidance from management at the analyst briefing on 1 Jun. While we maintain cognisance of inflationary pressures that may result in margin compression, we view positively management’s efforts in possibly curating a more favourable product mix that translated to improved QoQ GPM in 3QFY22.
2022-05-27 10:58 | Report Abuse
This is the best stock if you want to train your child about long-term investment and let them to begin with stock investment.
To choose this stock because its price not fluctuate much with about 4% dividend. The best part is this stock is a growth stock with a trustable mgt team
2022-05-27 10:25 | Report Abuse
2nd chance is probable only if extremely bad QR result.
Standby some spare fund and prepare for (if) extremely bad QR
2022-05-27 09:49 | Report Abuse
what to do... not much fund only can sikit sikit curi ayam once opportunities appear..
2022-05-27 09:47 | Report Abuse
yesterday noon i curi ayam @ RM 2.88
now i have not much fund to buy anymore because most fund was tied under covid-19 shares...
2022-05-26 14:11 | Report Abuse
can buy already. If you like this share. NOW is the best time to buy if you missed the previous chance
2022-05-25 20:05 | Report Abuse
Quite obvious, sth bad is happening
2022-05-24 22:50 | Report Abuse
Congratulations for those who bought at RM 1.41,now can koyak kakl to reap the rewards
2022-05-21 14:36 | Report Abuse
Definitely buy lah!
At this rock bottom price is totally safe to collect and ride the uptrend ahead
2022-05-17 13:33 | Report Abuse
probably can get bonus shares 10:1
2022-05-17 08:18 | Report Abuse
Hi, any veterans here can explain the reasons when the price of WTI crude oil is higher than Brent crude oil?
2022-05-14 10:40 | Report Abuse
https://www.theedgemarkets.com/article/home-improvement-retailer-mr-diy-joins-msci-malaysia-index-while-fraser-neave-and-westports
No wonder yesterday morning share price lacklustre to RM 20.40 lowest.
But it recover later on indicating supporting is quite strong.
Add on
2022-05-12 22:17 | Report Abuse
Why botak sold this share? Can share the info or not?
2022-05-11 05:28 | Report Abuse
It is time to Quit the stock market for the time being
2022-05-08 10:49 | Report Abuse
The Star
28 April 22
KUALA LUMPUR: Guan Chong Bhd (GCB) is cautiously optimistic with the company’s near-term prospects as beyond short-term shocks, the year 2022 has shown signs of being an international year of recovery, spurred by loosening pandemic restrictions and newly reopened borders.
Chairman Tan Ah Lai said the group faced another challenging year in financial year 2021 (FY2021) as the protracted COVID-19 pandemic and geopolitical tensions contributed to global inflation and supply chain disruptions.
"We are operating within an undeniably turbulent macroeconomic environment where existing imbalances caused by the COVID-19 pandemic have been exacerbated by the ongoing Russia-Ukraine conflict, creating a knock-on effect on consumer demand, business confidence and the global supply chain.
"Despite the sluggish global economy and logistical challenges, customers’ demand for cocoa-derived ingredients remained strong in 2021, resulting in a good increase in our production capacity and turnover compared to 2020. However, due to the fall in cocoa butter prices, we have recorded lower profitability in 2021,” he said in the FY2021 annual report.
He shared that numerous major events have impacted the cocoa grinding industry since its inception in the 1980s, however, the company had surmounted its previous challenges to rise to the ranks of becoming a leading global cocoa grinder.
Moving forward, Tan said that with chocolate consumption already on an upward trend, the resumption of global travel is likely to drive increased chocolate consumption.
To seize the opportunity of the economic recovery, the group had strengthened its position as a prominent global player in the cocoa supply chain, which saw many of its ongoing initiatives now reaching fruition.
Among them, he said the group’s Ivory Coast phase one factory is approaching completion while the planned construction of a new chocolate producing facility in the United Kingdom is set to conclude in FY2022, and GCB had also successfully enhanced the profitability, operational efficiency and improved utilisation of capacity for its German subsidiary SCHOKINAG.
"Our recent expansion into Europe, known for its high levels of chocolate consumption has placed us in a prime position to capitalise on the strong demand. At the same time, the commencement of cocoa grinding operations at our facility in Ivory Coast will also see us begin to reap the fruits of our ‘close to source’ and ‘close to market’ expansion policies.
"Our newfound ability to source cocoa beans directly will provide us with a shorter bean-to-ingredient cycle compared to our other facilities, mitigate future supply chain risks, and provide us greater control over our production and logistic operations,” he said.
To boost efforts in widening our European footprint, he said the group planned to allocate RM50 million in capital expenditure to upgrade SCHOKINAG’s existing chocolate production lines and set up additional machineries to increase production capacity at the SCHOKINAG plant during 2022.
"With these expansion plans coinciding fortuitously with the expected uptick in global economic growth during FY2022, we remained optimistic in significantly furthering the GCB brand as a key multinational player in the global cocoa and chocolate supply chain in the coming year,” he noted.
Tan said the group's past progressive expansion had now put GCB as the world’s fourth-largest cocoa grinding company, with a total of 277,000 tonnes in annual bean grinding capacity which provides them with both the scale to mitigate against any supply-side shocks and the financial clout to overcome any dips in global demand.
On Europe as a hub for growth in the mid-to-long term, he said the group will continue to expand its presence in Germany and the United Kingdom, while constantly monitoring its investment to adapt to the market trends.
He said that with the planned RM50 million to be invested in upgrading SCHOKINAG’s existing chocolate production lines, its annual industrial chocolate production capacity will increase by 10,000 tonnes.
"Our global expansion strategy, which was planned in the years prior to the pandemic and is coming to fruition, set the stage for a resurgent performance as the world enters the ‘new normal’, securing our place as a key multinational player in the global chocolate supply chain.
"These expansion plans are targeted to be completed by the end of 2022, with the benefits expected to be realised from 2023,” he added. - Bernama
2022-05-07 10:58 | Report Abuse
it's really feeling pleasure to leave the stock market..
2022-05-07 10:56 | Report Abuse
it's time to close the file and leave the stock market..
2022-05-06 05:53 | Report Abuse
Wondering why this stock lost momentum=?
2022-05-03 13:26 | Report Abuse
2022-04-30 14:17 | Report Abuse
2022-04-29 10:56 | Report Abuse
I believe the worst was over. All bad news have already emerged.
Hopefully from now onwards is the time to ride the uptrend..
2022-04-29 10:44 | Report Abuse
https://www.theedgemarkets.com/article/fn-raise-product-prices-amid-higher-commodity-costs
Finally we have waited for it.
2022-04-28 09:26 | Report Abuse
if can firmly support at RM 23, then those on board can safely ride the uptrend from now onwards..
2022-04-28 08:58 | Report Abuse
QR marginally flat, within expectation..wondering today can support the share price at RM 23..
2022-04-27 12:11 | Report Abuse
RM 23 is a determination point
2022-04-27 11:14 | Report Abuse
If pass RM 23, then together we ride out this perfect storm
2022-04-27 09:26 | Report Abuse
Today is a very important day to test its strength..let see how it's going to be..
2022-04-26 16:10 | Report Abuse
Win or lose, in stock market is only differentiated by a thin line..
Stock: [PADINI]: PADINI HOLDINGS BHD
2022-06-01 10:57 | Report Abuse
You bought at RM2, really good and spot on this genm.