Guan Chong launches UK industrial chocolate plant with 16,000 tonne capacity
TheStar Mon, Dec 04, 2023 01:20pm -

https://www.klsescreener.com/v2/news/view/1243125

Need to closely monitor whether EPF and Mr TayHoeLian continuosly buy in or not..

Nibble some @ RM 1.85, seem like current supporting is at RM 1.8x..
At the same time standby some cash to add in if drop further

You will witness break 52 weeks record high RM 0.82 very soon
stay tuned..

@Hashim, good video good music
Section 7 last hurdle to cross over.

Keep it upp

Bad stock who buy who die

From now onwards, you can enjoy the fun of being carried in the sedan chair. As at 1 Dec 23, share price RM 0.80

Cheer!

（吉隆坡1日讯）Apex Healthcare Bhd建议以6650万令吉的价格，收购位于马六甲的工业用地。

该集团今日向大马交易所报备，独资子公司Xepa-Soul Pattinson（马）私人有限公司已与Panasonic Appliances Refrigeration Devices Malaysia私人有限公司（PAPRDMY）签署买卖协议。

“上述土地位置优越，与Xepa目前的生产基地坐落在同一工业区，距离仅400米。这提供了精益管理的优势，可最大限度减少重复的支援服务。”

“此外，在这幅地的工业建筑经评估适合改造，以满足Xepa的制造要求，有效地降低新建成本。”

Apex Healthcare表示：“这是及时的，因为Xepa目前正在评估扩大仓储和液体生产能力的计划。”

该集团指出，将通过内部资金和/或贷款来进行收购。

如无意外，收购计划将于2024年7月31日或之后完成。

截稿时，该股报2.41令吉，无起落，市值为17亿5000万令吉。



（编译：陈慧珊）



English version：Apex Healthcare to acquire industrial land in Melaka for RM66.5 mil

The latest review also sees the inclusion of nine new companies in the FBM Mid 70 Index, namely Bank Islam Malaysia Bhd, Dialog, DXN Holdings Bhd, Malayan Cement Bhd, OSK Holdings Bhd, Sunway Bhd, UMW Holdings Bhd, WCE Holdings Bhd and Westports.

They are replacing Berjaya Food Bhd, Duopharma Biotech Bhd, Hengyuan Refining Company Bhd, Hextar Technologies Solutions Bhd, Hong Leong Capital Bhd, PMB Technology Bhd, SAM Engineering & Equipment (M) Bhd, SKP Resources Bhd and YTL Corp.

Lady & Gentlemen,
Good news

https://www.klsescreener.com/v2/news/view/1241781

Few years later I look back, most probably I have to thank my past action to collect in this counter..

Don't worry
if you like it and worried of fomc, then now can buy RM1.88.....
but if today still like yesterday last min eat up..then most probably sb is facing share margin call up...
for me, to maintain sufficient cash bullet is primarily impt..and will not collect any if no confident to do so..
bad luck to involve in this counter..😂

I also want to top up.
but I believe now is NOT the right time to collect because of the heavy selloff (RM1.88)..let the dust settle down for a while.
Good thing about this co is having a growth prospect
Bad thing is too much loan, financial risk is somewhat risky..:-



Loan as at 30/9/2023 is RM 2,072,354,000




Loan as at 31/12/2022 was RM 1,160,754,000

Interest for the current QR (7/23-9/23) is RM 35,331,000
Interest for the preceding QR (4/23-6/23) was RM 14,001,000

Loan & interest almost up by double
Need to monitor its loan repayment ability closely..lesson learnt from Bumi Armada..

i second,
now risk is much lower
added some RM 0.755

Based on an indicative IPO price of 60 sen per share (final IPO price to be determined at a later stage), MKHOP aims to raise RM132 million from the public issue, while the offer for sale will raise RM18.4 million, bringing the total fundraising exercise to RM150.4 million.

The estates’ strategic positioning within a 100-kilometre radius of Nusantara, the new capital city of Indonesia, places MKHOP in an advantageous position to leverage on the future capital city’s growth. The group is poised to benefit from the economic transformation of East Kalimantan, driven by the development of Nusantara," Chen said in a statement.

The current share price level provides a good entry level, given Guan Chong’s global consumer footprint, and position for potential peaking of cocoa bean prices, as well as to reap the benefits from Guan Chong’s various overseas expansions,” the research house added.

RHB said Guan Chong’s 9MFY2023 revenue of RM3.5 billion (up 7.9% y-o-y) led to the underperformance in core earnings of RM85.8 million at only 50% and 55% of the house’s and the consensus full-year estimates.

However, Guan Ghong’s Germany-based unit Schokinag reported stellar numbers, with a 7.8 times growth in the earnings before interest, taxes, depreciation and amortisation (Ebitda) level to RM70.2 million, thanks to higher average selling prices and lower utility cost.

Meanwhile, Guan Chong’s core earnings of RM33.9 million for the third quarter ended Sept 30, 2023 (3QFY2023), up 10.1% y-o-y on margin recovery for its industrial chocolate operations, was partially offset by higher interest costs (up 152% y-o-y

https://www.klsescreener.com/v2/news/view/1239853

B1. Review of performance
The Group’s revenue of RM1,285.9 million for the current quarter ended 30 September 2023 is higher than the
revenue in the previous corresponding quarter ended 30 September 2022 of RM1,100.5 million. The increase of
16.85% in turnover is mainly due to higher selling price for cocoa butter, cocoa solids and industrial chocolate.
B2. Comment on material change in profit before tax
The Group made a profit before tax for the quarter 30 September 2023 of RM41.6 million as compared with the
profit before tax of RM37.5 million in the preceding year corresponding quarter ended 30 September 2022. This is
mainly due to higher selling price in cocoa products and industrial chocolate. However, the increase offset against
the higher finance cost due to higher interest rate during current quarter ended 30 September 2023.
B3. Commentary of prospects
The cocoa industry has endured challenges in the global macro environment this year, influenced by factors such
as rising interest rates and global inflation. Besides, the El Niño weather phenomenon, black pod diseases and
swollen shoot virus have contributed to reduced supply, thereby resulting in the rally of cocoa prices.
Despite the challenging backdrop, and even as cocoa prices in the London market reached a record 46-year high,
the demand for chocolate products remains resilient. The Group continues to vigilantly monitor global
developments and adapt its growth strategy accordingly for the long-term sustainability of the business. The Group
foresees that these adverse market conditions are affecting its performance in the short term; nevertheless, it
maintains optimism about the long-term outlook.
Looking ahead, the Group will maintain its focus on its core business of cocoa ingredient processing while also
expanding into the higher-margin industrial chocolate market and optimizing production based on market
conditions.
B4. Profit forecast or profit g

Approaching Nov 30

MSCI GLOBAL SMALL CAP INDEXES
The following are changes in constituents for the MSCI Global Small Cap Indexes
which will take place as of the close of November 30, 2023.

MSCI Malaysia Index
Addition: 3 (Boustead Plantations, Malayan Cement, UEM Sunrise)
Deletion: 2 (Dagang Nexchange, Hextar Tech Soln)

https://youtu.be/zjiLY-UXJ9w?si=4ZKil05DzJkPLWxy

Highway nearly complete

GREAT NEWS above

Probably it is the last chance to buy in at RM 1.2x
Wish me good luck..

Meanwhile, the automotive segment contribution is also expected to deliver improvement from supply of wire harnesses and fuel tanks for the Peugeot 5008, 3008 and 2008 models to Stellantis with deliveries expected from September 2023 onwards.

https://www.businesstoday.com.my/2023/08/23/supercomnet-expected-to-deliver-stronger-performance-despite-declining-demands/

this QR result underperformed..
i think have to wait at least for another 6 months..
bad luck bought in this garbage..😥
mgt trustwortiness put into questionmark, where was the Sept 23 sales to Stellantis Group..

https://www.youtube.com/watch?v=l5qR9CKtLwg&t=28s
再谈制造业转型！全球第4大汽车集团打算将马来西亚变成电动车生产区域枢纽？

https://theedgemalaysia.com/node/689894

Probably this is a good news to wce

NAIL it at RM4.00, pls
why so many desperate traders want to sell when share price approaching RM 4..?

It seems RM 9 supported quite well
Hopefully GEG bill can be tabled to the parliament ASAP before RM9 supporting level collapse..

Hold strong..
thunderstorm coming..
RM8.99 add some
Anyone also add in
together we move to a better place.. or holland..

Tomorrow shoot shoot shoot
Definitely sb who is waiting to buy is crying
🤣🤣🤣

only nail the price RM 4, then outloook for Mcement definately bright

my guess is it gonna to have a little push to RM9/8.99 before rebound..

yup, i also believe it is a great buy at RM9.0x..

you will witness this historical moment..

see whether RM 9 supporting level is safeguarded or lose in defend..

GEG probably not back..
but the operator uses this opportunity to further press until weak holder surrender..

see Rm9 got support or not?
if no, then trend south..

today most probably QR out..

With this good news, share price will push over RM 4

Stay tuned

MSCI GLOBAL STANDARD INDEXES
The following are changes in constituents for the MSCI Global Standard Indexes
which will take place as of the close of November 30, 2023.

MSCI GLOBAL SMALL CAP INDEXES
The following are changes in constituents for the MSCI Global Small Cap Indexes
which will take place as of the close of November 30, 2023.

MSCI Malaysia Index
Addition: 3 (Boustead Plantations, Malayan Cement, UEM Sunrise)
Deletion: 2 (Dagang Nexchange, Hextar Tech Soln)

Most probably QR out today..
Good or bad..
Hand it over to god

Constipation better than lausai

Kacau kacau ini minister

Better Naik toll not turun

Project progress not bad .
Saya makan sedikit RM 0.76

Scomnet definitely need you to fire his butt so that he can fly upp

Prospect remain good. Tempted to buy
Top up some today. This co gives you many info regarding his prospect. Normal person like me willing to trust this mgt. Hope you don't let me do down..

hopefully not lausai if poor progress update..🙏

look like good news is going to announce..
stay tuned..

you see index tumble, but this stock so stable..
look like main operator also waiting for the project update..

see any major support at 3.85..further than that then most probably recent rebound is a fake one..

Anyone profit taking?
Pls share..