MYEG is at the early stage of multi-bagger stock...huge accumulation by investors in 98 - 1.05 price. The potential of Ztrade and Zetrix is huge with the activation of blockchain-based cross-border trade facilitation services. It is very2 difficult, I repeat very2 difficult to penetrate and be part of the process with China custom clearance system. Imagine how big ASEAN countries market that do trading with China. This Ztrade is not additional cost to trading companies, instead it will be more cost saving and efficient for trading companies to use Ztrade in comparison to existing custom clearance process.

MyEG Services Bhd (KL:MYEG) announced the activation of its blockchain-based cross-border trade facilitation services after it has secured recognition of certificates from relevant authorities. This service, known as ZTrade services, operates on MyEG’s blockchain platform, Zetrix. It enables all data in these certificates to be available accurately in near real-time, increasing tariff computation and customs clearance efficiency. Exporters using the service will benefit from faster and more convenient clearance processing for trades going into China. MyEG activates block-chain based cross-border trade facilitation services for exporters

Following the signing of the 'Joint Statement of the Ministry of Finance of Malaysia and GACC on Single Window Cooperation in Cross-Border Trade' on 19 June 2024, the Company received notification letters dated 27 June 2024 from EL, on the connectivity deployment with ZTrade services for the following cross-border trade facilitation services:

Recognition of Certificate of Origin issued by the Ministry of Investment, Trade and Industry of Malaysia and GACC; and
Recognition of Phytosanitary Certificate and other product certificates issued by the Ministry of Agriculture and Food Security of Malaysia and GACC.
Accordingly, with the completion of this deployment, live connectivity of the ZTrade services to GACC’s Single Window platform is now enabled. Please refer to https://ztrade.ztradefi.com/ for more details.

Above connectivity deployment announcement is major catalyst for MYEG after years of development and R&D to commercialize the usage of Zetrix. Finally companies can start register and using the Ztrade starting with Malaysia companies and will be opening to Indonesia and other countries within this and next year. to This will be major contribution to MYEG in coming quarters result.

Anyone missing the boat to top up below 80cents back in Mar 2023, here is the chance for you to join the rally that will push MYEG to at least 1.50 - 2.00!!

@laulau why you keep promoting Asiaply even though it is loss making company?? Out of 12 quarters, only 3 quarter profitable since last 3 years. If want to promote, please give company that have same potential or better than MYEG!!

WINDING UP / RECEIVER & MANAGER / RESTRAINING ORDER / SPECIAL ADMINISTRATOR
Description ASIA POLY HOLDINGS BERHAD ("ASIAPOLY" OR "THE COMPANY")
WINDING-UP PETITION SERVED ON ASIA POLY BIO GAS SDN. BHD., AN INDIRECT SUBSIDIARY OF THE COMPANY PURSUANT TO SECTION 465(1)(e) AND 466(1)(a) OF THE COMPANIES ACT 2016

Yea, newbies please believe in technical chart, the right timing to enter is now if you follow promoter2 who want to unload these worthless stocks to you. If you follow their guidance, today drop another 0.005sen or 6.67%....very nice

So many other potential stock gamblers can play but still many gung ho here to bring in newbies so that old gamblers who stuck at above 10 sen can unload. Better wake up all instead stuck in dying company

Our subsidiary, PLS Plantations Berhad (“PLS”), is in a transition phase from its core business in
traditional oil palm plantation to the broader agrofood industry. PLS’s transformation journey from
the cyclical oil palm plantation to a more diversified range of upstream and downstream activities
will require a longer gestation period. In particular, the gestation period for the durian trees is
about 4 to 5 years and thus, the bulk of our durian revenues are now mainly from trading activities.
In the near term, PLS will continue its current rehabilitation and sanitation works with emphasis
on recommended plantation practices to improve the production yield of its oil palm estates,
matured durian plantation and contract farm. In addition, PLS will continue to work closely with
its current and prospective business associates to improve the retail offtake rate of downstream
durian products by offshore wholesalers and end consumers. Concurrently, upstream investment
in durian plantation will continue to be a mainstay of PLS to complement its existing downstream
business while waiting for PLS’s durian farm to be matured and fruitful in 3 to 4 years.
This is in line with the long-term group strategy to expand and diversified into other businesses
to reduce dependency and reliance on our existing businesses in construction and property
development.

The Group has finalised the financial
requirement and the authorities’ submission, and planned to launch the upcoming new property
development, EkoTitiwangsa by the next quarter. As for the construction segment, the Board
expects that the on-going rationalisation of the construction scope under the RTS Link project will
contribute positively to the Group’s future construction revenue and earnings. In addition, the
Group is continuously working closely with Government on various infrastructure projects.

For the current reporting quarter, the Group reported a higher revenue as compared to the
immediate preceding quarter mainly due to higher contribution from the construction segment on
SPE Highway project. The net profit after tax has decreased from RM2.643 million to a loss of
RM50.831 million mainly due to the increased recognition of finance cost and deferred tax
liabilities from the toll operations’ segment as compared to immediate preceding quarter. With the
full opening of the SPE Highway on 3 November 2023, the financing costs incurred will be fully
expense off in the financial statements as compared to immediate preceding quarter where the
interest incurred was capitalised.

The Group had also experienced steady increase in toll revenue for Duke Phase-1 and Phase-2
upon the upliftment of the MCO since October 2021, and with the full opening of the SPE on
3 November 2023 will further improve the toll collection revenue under this operating segment,
notwithstanding that financing costs for SPE will no longer be capitalised in the financial
statements once the full opening of SPE.

Realrich, if you don't want to be fooled by operator, why you are foolishly selling at break even 0.77?? Now already 0.795

Realrich why you dont walk what you talk? Yesterday you said don't sell don't buy. Today you already sold at breakeven? What kind of investor are you holding just to get break even??

if above comments from Tok Mat, the Minister of Defence himselft is also not consider a leaked info already or concrete evidence Boustead in process to sell Bplant, I gave up to convince all the naysayers here

And best of all response from Tok Mat;
“The important thing is to look at our assets. There are assets such as those of ‘planting trees on a gold mine’, so we have to unlock that because this is the process for adding value,” he added.

Most important comments by Tok Mat. Bplant land is the gold mine many other plantation or YTL that have been waiting for years!!!

“There is no point in retaining business if you are going to lose money. It doesn’t mean that the privatisation of Boustead [Holdings Bhd], that’s the end of it. We want to re-position ourselves.

No denying when question selling BPlant.....more clues to what will happen to Bplant

Asked if the restructuring would involve divesting Boustead Plantation Bhd or Boustead Petroleum Marketing Sdn Bhd (BHPetrol), Mohamad Hasan said “in business, what is important is that we make money; we do business to get returns”.

LTAT on the way to become fund manager instead of actively managed companies. Less headache and more flexible to invest in oversea market like EPF

https://theedgemalaysia.com/node/674664

Please read the above carefully and make out your judgement on potential of what LTAT want to do with BPlant

https://www.nst.com.my/business/2023/05/910546/ltat-firmly-track-privatise-boustead-now-owns-over-90pct-stake

"The completion of the privatisation exercise will allow LTAT to accelerate the turnaround of Boustead, as part of its larger goal to rebalance its investment portfolio and ensure the funds longterm sustainability.

"The turnaround will entail the restructuring of the group, rationalisation of its debt obligations and implementation of value creation activities," he added.

Boustead value at only 2 companies Bplant and Affin already more than 85.5 cents. Not yet including other companies and its privately held land, business and other asset.

LTAT already took advantage of Boustead by taking it private at a suppressed price of only 85.5 cents. In comparison to the last 10 years price (2013), the share was trading at RM5.20. Any main shareholder will want to take advantage of its company when it is at the lowest price range when market don't value the company at the intrinsic value. If market price the share as penny stock while its NTA more than double the price, might as well main shareholder take it private to take full advantage of the company value

https://www.klsescreener.com/v2/stocks/chart/2771

I think insider news already spread out that Boustead going to sell Bplant land or take it private after increasing its stake in Bplant by fully owning Boustead. LTAT might go to fully fund management route like PNB and KWSP instead of managing company which they over many years shown have failed miserably.

The government already fully took over Boustead Naval Shipyard which builds all the Littoral Combat Ship (LCS). Bplant with its immense land tressure will be capitalised by LTAT to reduce its debt and invest in other companies in Malaysia and foreign market just like KWSP

https://www.nst.com.my/news/nation/2023/05/913626/lcs-project-govt-begin-process-taking-over-boustead-naval-shipyard

Newspaper report only report 1 side of story, sometimes you need to do your own research on why this is happening. I just need to do 20 mins google search and come out with this conclusion.

4 out of 5 BPlant chairman and directors that resign are UMNO members. This is the cleansing that the current Unity Government trying to do to by removing political appointees and replaced with capable and qualified GLC directors. This is very2 good news for BPlant moving forward and other GLCs.

Bertanding buat pertama kali di kerusi Dewan Undangan Negeri Juasseh yang merupakan kubu kuat Barisan Nasional pada Pilihan Raya Umum Ke-14 memberi laluan mudah kepada Datuk Ismail Lasim.

Datuk Indera Mustaffar Kamal Ab Hamid merupakan calon Barisan Nasional mewakili Parti UMNO bertanding kerusi Dewan Undangan Negeri (DUN) N12 Beserah, Pahang pada Pilihan Raya Umum (PRU) Ke-15.

Datuk Din Adam adalah calon Barisan Nasional (BN) bagi Parlimen Dungun pada Pilihan Raya Umum (PRU) Ke-14.
Beliau menyadang jawatan Ketua Umno Bahagian Dungun.

Mohd Azahar Ibrahim pernah memegang jawatan Bendahari Pemuda UMNO Bahagian Labis (2004-2008) serta Ketua UMNO Cawangan Kampung Paya Merah, Labis.

"Hibiscus Petroleum Bhd* has proposed to undertake a RM800 million capital reduction to eliminate RM690.6 million in accumulated losses as of June 30, 2022. The exercise entails a reduction of the issued share capital of Hibiscus via the cancellation of the company's paid-up capital of RM966.01 million. Less the estimated expenses for the exercise of RM880,000, the remaining RM108.53 million will be credited to the retained earnings of the company, which will be used to facilitate a proposed share buy-back."

Can anyone explain what is the exercise above all about? What does it means to eliminate RM690.6 million in accumulated losses as of June 30, 2022?

https://www.theedgemarkets.com/article/boustead-plantations-subsidiary-ventures-sustainable-technologydriven-commercial-crop-market

KUALA LUMPUR (Aug 10): Boustead Plantations Bhd’s (BPB) subsidiary Boustead Agro Plantations Sdn Bhd has signed a document of understanding (DOU) — with Pertubuhan Peladang Kawasan Kuala Langat (PPKKL) — to venture into the sustainable and technology-driven commercial crop market.

In a statement on Wednesday (Aug 10), it said the DOU establishes the cooperation between the two parties in initiating and developing a commercial crop project, namely for chilli and ginger, via a turnkey basis, with the utilisation of a smart fertigation system and smart farming Internet of Things.

Should we go out 1st? Been dropping a lot since peak on 25 Apr 2022.....price keep dropping down even after Bplant announced record profit!!!

Unbelievable... Top Glove with 15mil profit can go up but 435mil profit BPlant can go down 5%!!!

https://www.theedgemarkets.com/article/fgv-returns-black-1q-higher-margin-palm-products

Even with LLA fair value adjustment, the nett profit is one of the highest since listing in 2012.

With PE 4.3 only, FGV will moves pass 1.75 after 2.30pm... don't miss out the opportunity of CPO bull market

FGV Registered Profit Before Tax (PBT) of RM501 million in 1Q FY2022
KUALA LUMPUR, 31 May 2022 – FGV Holdings Berhad (FGV) posted a profit before tax
(PBT) at RM501 million in its first quarter ended 31 March 2022, a significant improvement
compared to RM15 million last year. This is mainly contributed by higher margin of palm
products, downstream, fertilisers and logistic business.

https://www.klsescreener.com/v2/financial-reports/view/715035

I thought I bought at lowest price drop at 80 cents just end of Mar 22 and now already drop almost 50%!!! No bad news, no announcement how come drop too much? How about investor bought above my price last year??

When this sifu give advise to sell all plantation stock when CPO too high on 31 Oct 2021, he did not know or rather don't spend time to understand that underlying environment at that time will support CPO price.

Fast forward to today, he is changing his tune to buy plantation stock because CPO price is at elevated 7k. And yet his choice of company is as bad as his skill of prediction, TDM.

Maybe his should change to disciple instead of sifu for him to make money in stock market

The life cycle of goreng stocks with many gamblers in the forum hoping to make fast money. In the end losing money with losing company

Pi Mai Pi Mai Tang Tu jugak.....From 0.20 in 2019 back to 0.20 in 2022

The life cycle of goreng stocks with many gamblers in the forum hoping to make fast money. In the end losing money with losing company

Why there are still investors still putting hopes/gamble on this losing company? Revenue keep going lower and lower and margin also really low?? I also joined the euphoria to goreng this stocks when tech stock company jumping non stop last year. However I forgot this is not tech stock!!! I sold all losing 12k @ 38 cents. After that I have changed to fundamental stocks and currently on paper profit have recover all that loss.
If I kept putting hopes on this company, I will more money on my investment!!!

So many valuable stocks you all can choose from and yet want to gamble on this shitty stock. Unbelievable on how investors thinking making quick bucks on these losing stock.

O&G, Plantation, banking, construction still got potential to move up. CPO and Brent crude oil at all time high/7 years high. Wake up guys!!!

For speculators please chase this decresing revenue company to get losing result.
For value investor, please invest in cyclical stock like palm oil plantation, O&G or maybe got chance STEEL.

I have lost 12k in JCY last year (down 30%) and relocate to O&G and Palm oil which already up 90% (XXXk) this year

I'm so sorry, I forgot to mention "Congratulation to all investor here....this is the 3rd lowest nett profit quarter for FAST since 2012!!!

For speculators please chase this FAST growing revenue company to get FAST result.
For value investor, please invest in cyclical stock like palm oil plantation, O&G or maybe got chance STEEL.

I have lost 47k in FAST last year (down 40%) and relocate to O&G and Palm oil which already up 90% (XXXk) this year

Congratulation to all investors here....this is the 2nd highest revenue quarter for KANGER since 2012!!!

Congratulation to all investor here....this is the 2nd highest revenue quarter for FAST since 2012!!!

Fortunately I have sold all JAKS share today with total loss 26k...very sad because following many taiko promoting this stock...shifting shooting star Palm Oil stocks. Hope can recover back. Good luck to others who still stay here

Hoot9Yee....wait until the share bounce back in 2030...latest quarter result will propel this company to next level!!

So many other companies making big and stable profit, why choosing goreng stock?? Pump and dump 2 cycle since 2020

Congratulation to all for chasing a losing company using Sarawak and politics to justify losses. Today will limit up because of the highest net loss since 2012!!!

Unbelievable investors still invest in lost making company instead of many stable or cyclical profit companies. Don't live in a deniable bubble!!

As kllady_fidah said good luck and Huat Chai!!! to all

Braces yourself for another bumper profit in 2022 for all plantation stocks. CPO Price keeps moving to new all time high and most probably this year CPO price will be above RM4000

https://www.theedgemarkets.com/article/palm-oil-soars-rm5500-indonesia-sets-export-rule

JAKARTA (Jan 27): Palm oil rallied to RM5,500 a ton, a fresh record high, as top grower Indonesia imposed a rule that exporters must set aside some supply for the domestic market in a bid to cool prices.

Exporters must allocate 20% of their shipments for local supply, Indonesia's trade minister Muhammad Lutfi said. The rule takes effect on Thursday. The government will set prices of local crude palm oil sales at 9,300 rupiah (US$0.65) a kilogramme and olein at 10,300 rupiah.

The move comes after palm oil repeatedly notched fresh records, driven by a severe labour crunch in Malaysia and tight global vegetable oil supplies. The latest rally was also fuelled by a surge in rival fuels such as soybean and crude oil, as well as the Russia-Ukraine conflict that has the potential to disrupt supplies of sunflower oil and bolster demand for palm.

Why there are still investors still putting hopes/gamble on this losing company? After acquiring ship fuel oil supply company and announcements billions of contract, yet still making loss for last 2 quarters?? I also joined the euphoria to goreng this stocks when company announce bagging billions contract at 5+ cents and after the initial upside it went down I sold all losing 47k @ 33 cents. After that I have changed to fundamental stocks and currently on paper profit have recover all that loss.
If I kept putting hopes on this company, I will lost 90% of my investment!!!

So many valuable stocks you all can choose from and yet want to gamble on this shitty stock. Unbelievable on how investors thinking making quick bucks on these losing stock.

O&G, Plantation, banking, construction still got potential to move up. CPO and Brent crude oil at all time high/7 years high. Wake up guys!!!

Damn la this KLSE market. CPO already new record high 5.6k but still Bplant can drop 1 cent today!!! Unbelievable.

Many O&G stocks Armada, Hibiscus, Carimin, etc getting higher even Brent Crude oil not yet reaching all time but plantation stock barely move with current highly profitable CPO price.

Next catalyst will only be Quarter result next month. Hopefully with land disposal completion announcement and elevated profit, Bplant can moves above 80 cents

Why when palm oil price have reach new all time high but company share price still not moving up?? Other loss making or small profitable company can jump to all time high without much fundamental or news/MOU that may not even materialize. (WOODLANDOR,COMPLETE LOGISTIC, SMTrack)

Why operator want to goreng these unpromising stocks instead of palm oil company that already set in stone strong earning in coming Quarter results? Bursa really is a twisted environment for investment

https://www.theedgemarkets.com/article/cpo-futures-hits-new-high-indon...

The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives extended its rally to close at RM5,322 a tonne for the April contract.

Singapore-based Palm Oil Analytics owner and co-founder Sathia Varqa said the price surged after the Indonesian government confirmed it will restrict palm oil exports.

Indonesia's foreign trade director-general Indrasari Wisnu Wardhana said Friday the republic will restrict exports to control the supply of domestic cooking oil in the country.

A media report said the restrictions will apply for six months starting Jan 24.

“(Based on) market players’ rumours, most likely the proposal will be 70% domestic supply and 30% export,” Sathia told Bernama.

Palm oil trader David Ng said Indonesia's move to curb palm oil exports will push up demand for Malaysian CPO as the big buyers will continue to search for alternative sources.