Yeah. Kelvin Tan, be a man. Do the right thing.

PunTatBerSiul / DickMe,

Inflation has set in already. Doubt if CPO price will reach 2000 level again.

Nutella did a shrinkflation on their products. Shrink bottle size from 400g to 350g, for the same price.


Posted by PunTatBerSiul > 2 hours ago

80 sen coming soon.
CPO going down below RM2000 in not so far future.
Come back here to read it again when it hits BELOW RM2000."

Investformilkmoney,

Yes. Indonesia exports 4+ million tons to India and about 5 million tons to China annually.

Don't know why See_Research is using Tesco Malaysia as the retailing outlets for 1 million tons of Indonesian edible oil.

Probably one of his twisted logics. In April last year, he promoted Alcom aggressively and suggested that it will reach it's old high of 2.32 when the price then was 1.15. Now it's at 0.79.

And in Jan of this year, See_Research was promoting KGB when it was at 1.70+. Now it's at 1.15.

Now, I will just skip his comments.

Posted by Investformilkmoney > 2 hours ago | Report Abuse

See Research, 1mil ton from Indonesia is export to other countries, not to Malaysia only. Why will Tesco/Lotus use the 1mil ton anyway? Indonesia exports is to India, should talk about India market instead.

Windy1974,

Michael already has 138,900,000 shares in July 2016. Less than 0.20 a piece.


https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=2686624

---

Posted by Windy1974 > 12 hours ago | Report Abuse

Does it mean i am smarter than Michael?
BOught Friday at 1.07 and this morning managed to get 1.02.
However, with current market sentiment, i won't dare to claim this gonna be the bottom. If it breaks and closed below 1.00, more downside coming

Raymond,

Clearly CPO prices above RM6,000 will not be sustainable.

Even at the 4,000+ level, palm oil companies will make good money.

TSH's May 2022 production of 73,929 MT strongly indicates that Q2 will be better than Q1.
Provided they do not gamble too much on futures.


TSH (Production MT)
May 2022 ___ 73,929
Apr 2022 ___ 73,655
Mar 2022 ___ 70,683
Feb 2022 ___ 63,203
Jan 2022 ___ 64,061


_____ Production (MT) ___ Avg CPO (RM/MT) __Profit from ops (RM Mil)
Mar 2022 _____ 195,882 ______________ 6,030 ________________ 151.273
Dec 2021 _____ 248,328 ______________ 5,044 ________________ 148.482
Sep 2021 _____ 263,276 ______________ 4,331 ________________ 133.092
Jun 2021 _____ 231,703 ______________ 4,014 _________________ 75.594
Mar 2021 ____ 180,164 ______________ 3,751 _________________ 33.392


.

TSH's price has gone back to 3rd Jan 2022 price.

All palm oil companies that issued dividends provided superior returns, even at current depressed levels.

Calvin, you should convince the directors to resume issuance of dividends.

__________ 03-Jan __ 20-June ___ Dividend _____ Returns
BPlant _____ 0.62 _____ 0.82 ______ 0.073 ______ 44.03%
Ta Ann _____ 3.24 _____ 4.15 ______ 0.350 ______ 38.89%
HS Plant ___ 1.88 _____ 2.35 ______ 0.155 ______ 33.24%
SOP ________ 3.56 _____ 4.39 ______ - __________ 23.31%
Cepat ______ 0.66 _____ 0.76 ______ 0.040 ______ 21.21%
KLK _______ 21.16 ____ 23.16 ______ 0.800 ______ 13.23%
UPlant ____ 13.29 ____ 14.10 ______ 0.850 ______ 12.49%
IOI ________ 3.83 _____ 3.99 ______ 0.060 ______ 5.74%
JTiasa _____ 0.64 _____ 0.66 ______ - __________ 3.94%
TSH ________ 1.09 _____ 1.09 ______ - __________ 0.00%
TH Plant ___ 0.63 _____ 0.61 ______ - __________ -3.17%

.

Chon888,

Hmmm... by looking at the insider accumulations in Boustead Holdings, there may be happenings in BPlant.


Posted by Chon888 > 48 minutes ago | Report Abuse

wallstreetrookie,

In an interview with the Edge by Lee, the director of IOI about 2 years ago, IOI did have the intention to acquire plantation assets but must be a totally Malaysian based company.

So that is why very unlikely IOI will acquire TSH which has most of its plantations in Indonesia.

wallstreetrookie,

I'd agree with you that IOI might be interested for the reasons that TSH has:
- ROS that is double that of IOI
- debts that are being paid down very fast and will soon be cash rich
- land bank in Kalimantan that is worth a lot more than book value

However, I do not understand on why the need to wait for the price to fall below Rm1.00. An acquirer will make an offer of say 2.0-2.50. The prevailing price does not matter unless it's very close to the offer price.

In addition, TSH was trading at RM1.00 when palm oil price was between 2000+ and 3000+ during the pandemic. Do you think palm oil prices will drop below 3,000?




Posted by wallstreetrookie > 2 hours ago

I bet IOI management is salivating over TSH. Calling their lawyers to wait until TSH drops below RM1.00 so that they can get a sweel deal at RM1.00 billion.
The lawyers and bankers are ready. All they need is for TSH to drop

Anthonytkh,

The business that is being evaluated is palm oil, and how quickly to ship to major customers.


Export of Palm Oil by port 2020 (Tonnes)

Butterworth: 248,614
Port Klang: 3,298,225
Pasir Gudang: 2,988,847
Others: 1,980,734
PEN. MALAYSIA: 8,516,420

Lahad Datu: 2,152,283
Sandakan: 1,837,938
Others: 4,886,487
SABAH / SARAWAK: 8,876,708

MALAYSIA: 17,393,127


.

Anthonytkh,

Care to explain on why you're emphasizing Sabah?

China's Foreign Minister Wang Yi was in Sabah for 3 days. Not Peninsula.

https://www.nst.com.my/news/nation/2022/06/802491/china-explore-investment-opportunities-bilateral-trade-sabah

In any case, Sabah accounts for less than 15% of total planted hectares.

Now, please do not say or repeat 'It’s Indonesia'

---

TSH planted hectarage
Sabah Matured: 5,147 Ha
Sabah Immature: 1,122 Ha
Indonesia Matured: 35,393 Ha
Indonesia Immature: 833 Ha
Total Planted Hectarage: 42,495 Ha

---

Import volume of palm oil in China
2015/2016: 4.69M MT
2016/2017: 4.88M MT
2017/2018: 5.32M MT
2018/2019: 6.80M MT
2019/2020: 6.72M MT
2020/2021: 6.75M MT
2021/2022: 7.20M MT


-------

Posted by anthonytkh > 1 day ago | Report Abuse

Skoh, thanks for the kind words

I repeat : It’s Sabah

There might not be a direct correlation between share purchases by Da Boss and palm oil prices.

However, he has been buying non-stop the moment palm oil price went above RM3,000.

Maybe he saw the inflection point where super profits kick in?

____ Boss direct share ______ Palm Oil price (RM/MT)

14/06/2022: 270,149,317 ___ 5,850
01/06/2022: 266,149,317 ___ 6,329
30/05/2022: 265,649,317 ___ 6,305
28/03/2022: 263,649,317 ___ 6,007
01/03/2022: 255,549,317 ___ 6,758
25/01/2022: 251,049,317 ___ 5,255

31/12/2021: 249,149,317 ___ 4,658
15/12/2021: 243,599,317 ___ 4,539
01/10/2021: 239,599,317 ___ 4,551
08/09/2021: 235,499,317 ___ 4,455
25/08/2021: 232,799,317 ___ 4,372
07/07/2021: 224,499,317 ___ 3,811
01/06/2021: 222,099,317 ___ 3,940
20/05/2021: 219,299,317 ___ 4,124
01/04/2021: 215,699,317 ___ 3,706
01/03/2021: 212,149,317 ___ 3,689
25/01/2021: 212,049,317 ___ 3,222
05/01/2021: 210,899,317 ___ 3,739

04/12/2020: 209,259,317 ___ 3,389
25/11/2020: 208,669,317 ___ 3,322
28/08/2020: 208,619,317 ___ 2,553
22/01/2020: 195,119,317 ___ 2,787
20/01/2020: 194,119,317 ___ 2,988

01/11/2019: 171,743,517 ___ 2,386
01/10/2019: 171,150,517 ___ 2,119


31/12/2018: 169,046,517 ___ 2,186

19/04/2017: 168,701,517 ___ 2,620

30/06/2015: 167,394,239 ___ 2,286

12/12/2014: 163,394,239 ___ 2,219


.

RM1.22 cleared

JJPTR,

The land sale was first announced in Dec 2021. Market reaction was neutral.

I'm inclined to believe that the sale is legitimate for the reasons the land is a lot more valuable for the intended, converted, usage:

- The buyers include names like Garibaldi Thohir (Adaro is one of the biggest coal exporter in the world) and Justarina S.M. Naiborhu ( http://tobabara.samdigi.com/ )

- Coal prices have increased from around USD60/T in 2020 to USD390/T today

- both subject properties are at the coast


--------

Posted by JJPTR > 2 hours ago | Report Abuse

Netx...use fibre optic tender as propaganda non-stop
TSH..use $712m land sales as propaganda non-stop
After selling of the bulk of their holding, the syndicate may just terminate the land S&P, citing failure to get approval for land, one of the conditions.
The buyer will get thier 40m deposit back.
The TSH syndicate get what? They get benefit from the land sale theme to dump their shair which they accumulate long time ago.
Now they show you boss stillbuying at 1.8, 1.7.1.6,1.5.14 rgt
dont selll

Raymond,

DJIA dropped by 22% on 19th Oct 1987. It will need to drop by almost 7,000 points for a Black Monday.

No holy cow.

Maybe in Farm Fresh. RM16M PBT on RM128M Revenue for Q1 2022 but market cap almost RM3Billion??!!!

Cows drink cow milk. Humans should not drink cow milk.


-------

Posted by Raymond Tiruchelvam > 1 hour ago

dow in just half hour opening trade.... already 736 points down, holy cow.... on friday, the whole day was 880 points down...... are we in for a black monday?

Bplant's Q2 2022 results appear to be on track to be better than those of YoY and QoQ results.

As long as CPO prices remain above mid 4000s per MT, Bplant will continue to show superior results.

Bplant (Production MT)
May 2022 _______ 64,201
Apr 2022 _______ 64,717
Mar 2022 _______ 66,857
Feb 2022 _______ 58,269
Jan 2022 _______ 70,756
Dec 2021 _______ 78,538
Nov 2021 _______ 83,357
Oct 2021 _______ 86,433
Sep 2021 _______ 91,012
Aug 2021 _______ 91,108
Jul 2021 _______ 81,155
Jun 2021 _______ 83,894
May 2021 _______ 77,436
Apr 2021 _______ 70,374
Mar 2021 _______ 64,394
Feb 2021 _______ 55,196
Jan 2021 _______ 60,574


____________Production (MT) ___ Avg CPO (RM/MT) __ Profit from ops (RM Mil)
Mar 2022 __________ 195,882 ____________ 6,030 ____________ 151.273
Dec 2021 __________ 248,328 ____________ 5,044 ____________ 148.482
Sep 2021 __________ 263,276 ____________ 4,331 ____________ 133.092
Jun 2021 __________ 231,703 ____________ 4,014 _____________ 75.594
Mar 2021 __________ 180,164 ____________ 3,751 _____________ 33.392

.

Calvin,

I do not think the debt level will impact the decision to sell spot or forward. United Plantations lost RM182.089M in futures contracts although the company does not have any debt. However, they have a note in the financial report to assuage investors.

United Plantations Q1 2022 note
"The high hedging loss was because of the significant increase in CPO prices since entering into the earlier BMD commodity futures sales. Upon buying back of the earlier entered BMD commodity futures sales there are immediate losses, however, these hedging losses had been and will continue to be reversed in the coming quarters through significantly higher contributions upon delivery of finished goods based on earlier purchased CPO at lower prices as part of the raw material hedge."

--------------------
Posted by calvintaneng > 19 hours ago

There is a forward sale at lower prices due to its debt commitment

after debt pared down by assets sale Tsh will be debt free like innoplant of which it owns 21.95%

innoplant no need forward sale as it is debt free so it sells spots for highest price

as for Rm53 millions profit from Sabah land disposal it is only in part for May 2022 results

total sum was only collected in May 2022 and the rest of the profit about 3.9 sen will be reported by Aug 2022 results

P/E now a very low of 4.5 which is undemanding

TSH's share price started to slide from 25th May, just after the announcement of Q1 2022 results.

While the average CPO selling prices increased by 58.9%, revenue increased by lower rate of 38.21% due to a 13.25% decline in production.

Operating profit was expected to be doubled compared to the same period last year.

However, operating profit increased by only 11.31%.

If not for a RM26.5M loss in futures contracts, operating profit would have been RM91.363M (64.863+26.5)

RM26.5M is a lot of money to lose in futures contracts.

There was a change in CFO from 1st June 2022.


______________________________________________ Q12022 _________ Q1 2021

Revenue _______________________________ RM337.349M ____ RM244.081M
Gross profit ____________________________ RM138.771M _____ RM95.818M
Other operating income ________________ RM15.000M _____ RM16.185M
Other operating expenses ______________ RM88.908M _____ RM53.731M
Operating profit ________________________ RM64.863M _____ RM58.272M
Core profit before taxation _____________ RM66.685M _____ RM50.869M
Loss on forex ___________________________ (RM4.061M) _____ (RM11.891M)
Gain on disposal of estate and mill _____ RM53.225M _____
Profit before taxation _________________ RM115.849M _____ RM38.978M

FFB production MT: _________________________ 197,947 _______ 228,188
Average CPO selling prices RM/MT: __________ 4,779 _________ 3,007
Average PK selling prices RM/MT: ____________ 3,950 _________ 2,112
Loss on futures contracts: ________________ RM26.5M___________ RM8M

YoY change
Revenue: 38.21%
Operating profit: 11.31%
FFB production MT: -13.25%
CPO prices: 58.9%

.

ANOTHER BITE AT SOMEONE's CHERRIES?

Serba's Dec 2019 financial results stated that RM111.113M was used in the Tanazania project and the funds came from proceeds from a private placement on 30 January 2018.

If the RM111.113M was not used for the Tanzania project but actually landed in someone's personal account; that will constitute a criminal breach of trust.

I'm not talking about 369(a)(B) and 367(1) of the Capital Markets and Services Act 2007.

Fresh charges will come under Section 405 and 406 of the Penal Code.



CBT Penal Codes

405. Whoever, being in any manner entrusted with property, or with any dominion over property either solely or jointly with any other person dishonestly misappropriates, or converts to his own use, that property, or dishonestly uses or disposes of that property in violation of any direction of law prescribing the mode in which such trust is to be discharged, or of any legal contract, express or implied, which he has made touching the discharge of such trust, or wilfully suffers any other person so to do, commits “criminal breach of trust”.

406. Whoever commits criminal breach of trust shall be punished with imprisonment for a term *not exceeding ten years and with whipping, and shall also be liable to fine.


_____________________________________

--- Funds Used in the Tanzania Project ---

[ Serba's 31 Dec 2019 Financial Results showed that RM111.113M was used in the Tanzania project
Utilisation of Proceeds from Private Placement on 30 January 2018
Details of utilisation of proceeds: Working capital for the EPCC work in Tanzania
Actual Utilisation: RM 111.113M]

.

rr88,

For the first time ever, I agree with you.

I will start to buy and hold.

Please do not change your mind over the next few days or hours!


---

rr88

2023 profit $600 mil or 30 cents a share. At 1.33, PE = 4.4.

Undervalued. Fair value 2.40 - 3.00.
Buy n hold. This is a mini petronas. The one and only in bursa. They drill for oil and they sell oil. Big money coming in into balance sheet. Invest, do not trade.

1 hour ago

i3lurker,

I'm inclined to believe all the international projects and half of local ones are fictitious.

The assets to be written off will exceed RM5B

i3lurker

psai3alert

it goes back to 2018 and maybe before that even, especially those *.stan projects are iffy.
at least 6/7 years of dodgy cash

19 minutes ago

Mr Fat Cat and PearlBlack will allege that there's RM6B, in the form of PPE, investments, receivables, etc in the following companies.

Unfortunately, Google Maps show only empty pieces of land in those project sites.

Sentinel-2 L2A satellite that has the latest high-resolution images is also showing telur gajah.

Malaysia
Petronas Chemical Ammonia, Petronas Methanol (Labuan) Sdn Bhd, Petronas Carigali, Petronas Gas

Indonesia
- PT Pilar Bahtera Energi

Laos
- Nam Taep 1,2,3 Hydropower Co Ltd

Turkmenistan
- Turkmengas

India
- Captiv Techno Solutions Private Limited
- Analog and Digital Labs India Private Limited

Uzbekistan
- Hazarasp Chlor Alkali LLC FC

Bahrain
- Lata International Trading and Services
- Regno International Trading & Services W.L.L

UAE
- New Thunder Technical Services
- Block 7
- Future Digital Data Systems LLC
- Sum Tech

Qatar
- Process Dynamics
- Pavilion Qatar Engineering Co. W. L.L
- Halul Offshore Services Company WLL

Oman
- Revenue International LLC

Saudi
- Midad Industrial Services

Kuwait
- Al-Meer Technical Services Co

Tanzania
- Sufini Holdings Ltd

.

i3lurker,

I do pop in occasionally.

Was disappointed by the AG's exercise of discretion.

Tomorrow will be interesting.

John Tuld : [pounding on the desk]

This is it! I'm telling you this is it!

The US$222 million senior sukuk matures 2022 May 9

,

I cannot begin to tell you how important the first hour and half is gonna be.

I want you to hit every bite you can find: dealers, brokers, clients, your *mother* if she's buying.

And... no swaps, it's outgoing only, May 9.


Loan outstanding
28/06/2021 RM280,000,000 - 46,300,000 x 0.3625 = RM263,216,250
29/06/2021 RM263,216,250 - 61,707,000 x 0.3525 = RM241,464,532
29/06/2021 RM241,464,532 - 95,000,000 x 0.3525 = RM207,977,032
30/06/2021 RM207,977,032 - 10,178,200 x 0.3275 = RM204,643,671
01/07/2021 RM204,643,671 - 22,000,000 x 0.3800 = RM196,283,671
12/07/2021 RM196,283,671 + 10,000,000 x 0.4688 = RM200,971,671
30/09/2021 RM200,971,671 + 5,000,000 x 0.3275 = RM202,609,171
01/10/2021 RM202,609,171 + 2,500,000 x 0.3125 = RM203,390,421
22/10/2021 RM203,390,421 + 1,000,000 x 0.3475 = RM203,737,921

Shares position
28/06/2021 1,004,061,570 - 46,300,000 = 957,761,570 (0.3625 avg high low)
29/06/2021 957,761,570 - 61,707,000 = 896,054,570 (0.3525 avg high low)
29/06/2021 896,054,570 - 95,000,000 = 801,054,570 (0.3525 avg high low)
30/06/2021 801,054,570 - 10,178,200 = 790,876,370 (0.3275 avg high low)
01/07/2021 790,876,370 - 22,000,000 = 768,876,370 (0.3800 avg high low)
12/07/2021 768,876,370 + 10,000,000 = 778,876,370 (0.4688 avg purchase)
30/09/2021 778,876,370 + 5,000,000 = 783,876,370 (0.3275 avg high low)
01/10/2021 783,876,370 + 2,500,000 = 786,376,370 (0.3125 avg high low)
22/10/2021 786,376,370 + 1,000,000 = 787,376,370 (0.3475 avg high low)

.

Jonathan,

Average CPO prices below:

Q1 2022 6,197

Q4 2021 5,194
Q3 2021 4,466
Q2 2021 4,195
Q1 2021 3,938

Q4 2020 3,401
Q3 2020 2,783
Q2 2020 2,301
Q1 2020 2,673

Q4 2019 2,522
Q3 2019 2,053
Q2 2019 2,008
Q1 2019 2,089

RM3.50 coming!

Boustead's subsidiaries

______________________________________________ Mkt Cap (RM M) ____ Boustead's share
Boustead Plantations _________________________ 2,531.20 __________ 57.42%
Pharmaniaga __________________________________ 975.92 ____________ 55.83%
Affin Bank ___________________________________ 4,503.01 __________ 20.81%
BHIC _________________________________________ 111.81 ____________ 65.00%
Boustead Petroleum Marketing _________________ 1,250.00 __________ 41.87%
PT Millennium Pharmacon International TBK_____ 44.93 _____________ 41.00%
Irat Properties Sdn Bhd __________________________________________ 50.00%
University of Nottingham Malaysia Sdn Bhd ________________________ 66.00%
MHS Aviation Bhd _________________________________________________ 51.00%
Cadbury Confectionary Malaysia Sdn Bhd ___________________________ 25.00%
Kao (Malaysia) Sdn Bhd ___________________________________________ 45.00%
Rakan Riang Sdn Bhd ______________________________________________ 20.00%

Boustead's Top 30 Properties
_____________________________________________________ Hectares ____ Book Value (RM M)
The Curve _______________________________________________ 5.00 ____ 571.00
PT74947 & PT83892, Bukit Raja __________________________ 81.00 ____ 344.70
Sg Segamaha & Bukit Segamaha Estates ________________ 5,659.60 ____ 314.00
Mukim Klang ____________________________________________ 28.30 ____ 282.50
Balau Estate __________________________________________ 247.40 ____ 280.00
Telok Sengat Estate _________________________________ 3,690.10 ____ 262.10
University of Nottingham _______________________________ 48.10 ____ 244.00
Segaria Estate ______________________________________ 4,746.20 ____ 241.00
Nucleus Tower ___________________________________________ 0.85 ____ 224.00
Boustead Pertama & Boustead Sapa Payau Estates ______ 3,944.10 ____ 215.80
Boustead Sungai Lokan & Boustead Lokan Baru Estates _ 4,439.00 ____ 203.30
Royale Chulan Damansara _________________________________ 0.88 ____ 195.90
Menara Boustead, 69 _____________________________________ 0.36 ____ 180.00
Boustead Ruku Ruku Estate ___________________________ 3,196.20 ____ 166.80
Boustead Tawai 2 Estate _____________________________ 3,232.80 ____ 168.70
Mutiara Hills, Semenyih ________________________________ 31.84 ____ 159.90
PT484, Seksyen 90, KL ___________________________________ 2.67 ____ 159.80
Sutera Estate, Sandakan _____________________________ 2,200.70 ____ 153.70
Bukit Mertajam Estate _______________________________ 2,164.80 ____ 142.10
G&G Estate, Lahad Dau________________________________ 2,409.80 ____ 132.00
Menara Affin ____________________________________________ 0.28 ____ 126.00
Lot 20005, Seksyen 90 ___________________________________ 1.20 ____ 115.00
3 Boustead Tawai 1 Estate ___________________________ 1,793.60 ____ 113.70
Bebar Estate, Muadzam Shah __________________________ 2,340.60 ____ 111.60
Sungai Jernih Estate ________________________________ 2,695.70 ____ 113.10
Ladang Tabung Tentera Sabah _________________________ 2,023.00 ____ 111.60
Mutiara Damansara _______________________________________ 3.80 ____ 106.30
Sungai Sungai _______________________________________ 6,035.10 ____ 98.70
Mukim Semenyih, Selangor ______________________________ 137.90 ____ 96.60
Menara UAC ______________________________________________ 1.40 ____ 92.00
SUbtotal Top 30 ____________________________________ 51,162.28 ____ 5,725.90

brianklc,

He will be right this round.


brianklc

Whn gameover says gap up, this is when I start to worry…. He’s odds of guessing correctly is 19:1…. Damn…

4 hours ago

Never ever buy Insas-WC

I will scold anyone for buying Insas-WC

The theoretical price of WC is currently only at 0.13, way below the cornered price of 0.255

---

Blue Horseshoe loves BStead and BPlant

It's not easy to liquidate 18,101,200 shares of WC without thrashing the price to it's theoretical price.

So, I am not curious and do not need to ask.

I know

.

The theoretical price of WC is currently at 0.11

8th March 2022 Theoretical price of Insas-WC using the traditional BSM (non-dliutive) model:


Stock Price ___ Theoretical Warrant $ __Time Value
0.45 _________ 0.007 ______________ 0.007
0.52 _________ 0.017 ______________ 0.017
0.60 _________ 0.034 ______________ 0.034
0.67 _________ 0.058 ______________ 0.058
0.75 _________ 0.090 ______________ 0.090
0.79 _________ 0.110 ______________ 0.110
0.82 _________ 0.129 ______________ 0.129
0.90 _________ 0.174 ______________ 0.174
0.98 _________ 0.225 ______________ 0.150
1.05 _________ 0.281 ______________ 0.130
1.13 _________ 0.341 ______________ 0.114
1.20 _________ 0.404 ______________ 0.102
1.28 _________ 0.469 ______________ 0.092
1.35 _________ 0.537 ______________ 0.084


Volatility: 27%
Stock Price: 0.785
Strike Price: 0.90
Interest Rate: 2.62%
Warrants/share: 1
Days to Expiration: 880

Snapshot @0.785 __Calls
Price ____________ 0.11
Delta ____________ 0.52
Gamma ____________ 1.203
Theta ____________ 0.000
Vega _____________ 0.005
Rho ______________ 0.007
Elasticity _______ 3.73

.

At a PE of 20, the share price ought to be only 0.84


________ 2019 ______ 2020 _______ 2021

Rev ___ 358.17M ___ 389.31M ____ 362.17M

PBT ____ 31.04M ____ 32.38M _____ 17.82M

PAT ____ 23.88M ____ 23.6M ______ 15.10M

Revenue has been flat for the past few years.

In fact the company's revenue was also RM350M in the year 2000. Revenue has not grown since 22 years ago in 2000.

https://www.thestar.com.my/business/business-news/2005/08/18/bcm-electronics-achieves-rm350mil-revenue-in-five-years

.

Page 251 of Serba's latest AR (not sure if it's real annual report, but let's assume it's real for now) shows that Karim has 787,376,370 in the scam company.

However, page 253 shows that Karim has only 305,734,110 shares in the scam company.

A total 481,642,260 number of shares has not been declared and accounted for in the analysis of shareholders.

Considering that proxy ownership is a serious offence under the following relevant laws and rules:

Rules of Bursa Malaysia Depository
Capital Markets and Services Act 2007
Securities Industry (Central Depositories) Act 1991
Bursa Malaysia Corporate governance model

--->>> Karim has broken laws by not declaring true beneficial and proxy ownership in the scam company.

--->>> Not only the projects, financials and customers are fake; the scam company's own reporting of shareholders is also fake


---

Information on Directors Holdings as at 02/12/2021
Mohd Abdul Karim Bin Abdullah: 787,376,370

Page 251
https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=213442&name=EA_DS_ATTACHMENTS


Analysis of shareholdings as at 02/12/21

123,211,140 _ RHB NOMINEES (TEMPATAN) SDN BHD PLEDGED SECURITIES ACCOUNT FOR MOHD ABDUL KARIM
120,938,900 _ ALLIANCEGROUP NOMINEES (TEMPATAN) SDN BHD PLEDGED SECURITIES ACCOUNT FOR MOHD ABDUL KARIM
36,009,070 __ MOHD ABDUL KARIM BIN ABDULLAH
27,575,000 __ AMSEC NOMINEES (TEMPATAN) PLEDGED SECURITIES FOR MOHD KARIM BIN ABDULLAH

Total: 305,734,110


Page 253
https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=213442&name=EA_DS_ATTACHMENTS

.

The above 'Caramel Popcorn' recipe was published by Lauren Miyashiro on Oct 21, 2021 and can be found at:

https://www.delish.com/cooking/recipe-ideas/a38027847/caramel-popcorn-recipe/

As usual, Mr fat cat has shamelessly plagiarized articles without crediting the original author.

.

He will say that he managed to sell all at 2.00 for 0.04 cents gain and start doing the samba, hula, chacha etc.


gemfinder habis... rr888 kena gao gao. kakakaka
19/01/2022 2:39 PM

Foker,

Thanks.

It appears that the operator collected substantial amount between Dec 8 and Dec 24 and have been dumping since.

May well drop below 50 cents.



Foker Buy at 49 cts, sell at 60 cts. If Purebollocks start spamming, then dont buy. Whenever Purebollocks spam, it is bad sign because he represents the tailend traders who usually get flushed out at the end of the cycle.
18/01/2022 2:36 PM

Will it be like the "An Affair to Remember" movie? In the movie Nickie (Cary Grant) and Terry (Deborah Kerr) agreed to reunite at the top of the Empire State Building in six months' time, but unfortunately Terry was struck down by a car.

Will this be "A PN17 to Remember"?


Santiago I will continue buying at current level 0.60-0.62 and a few months from now i will comeback and laugh at some of the clowns here for being so negative. Game on!
18/01/2022 8:48 PM

rr88,

You ought to remember that the fair price at PE of 20 is 0.84




ATECH

Issued Shares: 358.18M

Price at PE of 20: 0.84


________ 2019 ______ 2020 _______ 2021

Rev ___ 358.17M ___ 389.31M ____ 362.17M

PBT ____ 31.04M ____ 32.38M _____ 17.82M

PAT ____ 23.88M ____ 23.6M ______ 15.10M

Segments:
• Communications and IoT products (89.5%)
• Electronic devices (9.4%)
• Semiconductor components (1.0%)

• R&D expenditure accounted for less than 1% of revenue


"ATech ED and CEO Lee Chong Yeow said the IPO listing exercise will enable the group to speed up the execution plan to grow, strengthen and leverage its core competency of providing electronic manufacturing services (EMS) for industrial electronics products as well as continue its expansion into the production of Internet of Things (IoT) modules that the company started offering in early 2020.

For FY21, communications and IoT products contributed 89.5% to ATech’s revenue, electronic devices 9.4% and semiconductor components contributed less than 1%."


---

rr88 I hv 7,000 lots @ 1.96. See u later at 3.60 - 3.67.
19/01/2022 10:04 AM

Kilroy is here

As at September 30, 2021, Grab had cash liquidity of RM21.8 billion ($5.2 billion)

Even at 3% interest per year, the RM21.8 billions of cash will generate RM654 millions of interest income.

RM654 Millions is more than 100 years of Delivereat's annual revenue.

Perhaps Delivereat can challenge AA on which entity will have the highest negative equity per share.


Delivereat Financials

Revenue: 5.934M
PBT: -2.417M
PAT: -2.417M

Non-current assets: 0.2736M
Current assets: 3.705M

Non-current liabilities: 7.01M
Current liabilities: 0.980M

Share capital: 0.300M
Reserves: 0.229M
Retained Earnings: -4.622M

---

Armanhashim Will challege grab soon …ini kalilah ..
16/01/2022 8:44 PM

Don't think it's a KBK problem.

Fat Tony was educated in Alice Smith, Epsom and LSE. So, he will be a mat salleh (mad sailor) celup. Fat Tony, in turn, hire people who are celup of celup of celup of mad sailors.

The mad sailor company, Skytrax, awarded AA some 2021 Award based on a much extended customer survey period from September 2019 to July 2021. 13.42 million eligible survey entries were counted in the final results.

The online survey was hosted at www.worldairlinesurvey.com

Unfortunately, a simple audit at https://sitechecker.pro shows that worldairlinesurvey.com has less than 10k visitors per month.

"Oops. We couldn't find enough data about this website. Most likely, there is not enough traffic to get a reliable result. Usually, it needs to be more than ten thousand unique visitors per month to get a result."

Over the survey period, worldairlinesurvey.com will not be able to collect 13.42 million survey entries. At best a few thousands.

[ Fun Fact: i3investor.com has an average of 1,695,980 unique visitors per month ]

So, a mad sailor company cheated Fat Tony, a mad sailor celup, in paying for the fake survey.

Fat Tony, in turn, hired more celups of celups to try to con people by publicizing the fake awards.

But failed.

PN17 type of failures.




i3lurker like I said its a KBK problem

KBK graduate dunno how to to divide RM7.5 Billion negative equity

KBK graduates from University 2 claims that Ass Asia profit from 1 ticket is RM25 million and price of 1 ticket is RM250 million each.

Go figure.
16/01/2022 5:46 PM

I talked about fake awards.

You said talk about passenger traffic and survivability.

Ok, I talked about AA's revenue and cost per ASK (available seat kilometre) and stated that AA will never ever make money again.

Now, you say that must talk about Youtube video.

Ok ok, here's a video:

AirAsia Thailand CEO talks down staff at Virtual Townhall while fat ass group CEO laughs

https://www.youtube.com/watch?v=eS_nezoUCeU




bish_bish It seems like here must post bad things of AA.

Ok lo, see long Q for boarding, AA must rugi gao gao burning cash
https://www.youtube.com/watch?v=FafhC8DqHrE


Viewer discretion advised!
16/01/2022 1:48 PM

Going forward these will be the variables:
- Max 40,000M ASK (assuming Carlyle Aviation, Incline, NBB, BOC Aviation, Castlelake LP etc do not 'tarik' aircraft)
- Revenue per ASK (Sen): <15
- Cost per ASK (sen) > 18
- Cost per ASK - excluding fuel (sen) > 12
- Jet Fuel Price (RM/gallon): 7 to 9

--->> AA will never ever make money again.

---

You want to know about AA's survivability?

You want the truth?

You can't handle the truth!

We live in a world that has bankrupt companies, and those companies have to be promoted by men with forked tongues.

Who's gonna do it? You? You, bish_bish?

I have a greater responsibility than you can possibly fathom. You weep for Tony's crocodile tears, and you curse the PN17 designation . You have that luxury.

You have the luxury of not knowing what I know -- exposing scam, while tragic, probably saved lives; and my existence, while grotesque and incomprehensible to you, saves lives.

You don't want the truth because deep down in places you don't talk about at parties, you want me to expose the scammers -- you need me to bury the father muckers.

We use words like "passenger refunds," "negative equity," "PN17." We use these words as the backbone of a life spent defending something. You use them as a punch line.

I have neither the time nor the inclination to explain myself to a someone who rises and sleeps under the blanket of the truth that I expose and then questions the manner in which I provide it.

I would rather that you just said "thank you" and went on your way. Otherwise, I suggest you pick up more excuses and fictional lies to cover-up AA's failures. Either way, I don't give a DAMN what you think you're entitled to!




bish_bish Yes Mikecyc, I also feel puzzled, look at the videos shared by those outside majority, many still flying AA, even some flights are fully loaded, that's why I asked the taikors here the survivability of AA, but all stick around with PN17 and share price dropping bla bla bla...

16/01/2022 9:54 AM

Since the publication of the above article, Air Asia's share price has plunged 22% and is expected to drop further.

Buying shares in a PN17 company requires cash up-front and is non-marginable.

Taikor, TaiPoh and AhLai are all saying the same thing - AA bad, very very bad.


AirAsia's share price
15th Dec: 0.795
14th Jan: 0.62

.

The Trouble With the Airline Awards (forum posting)

I find it rather odd that Air Asia have been getting awards from Skytrax and World Travel Awards, every year, even during the pandemic years. The accolades appear to be diametrically opposed to the customers feedback in Air Asia's Facebook pages.

Skytrax has stated that the 2021 awards were based on 13.42 million eligible survey entries collected from September 2019 to July 2021 (never mind that only 7 months, out of the sample size over the 23 months period, were in 2021).

Surely the almost half a million customers who are owed around RM900 millions of unrefunded tickets will not be happy campers and will at best give AA zero stars (if negative stars is not possible unlike negative billions of shareholders equity).

Are those half a million customers having perception problems?

Actually, the very very unhappy customers are not having perception problems.

The truth is - there is serious credibility issues with the organizations in giving out those awards.

A check with online website audit sites will show that worldairlinesurvey.com has less than 10,000 unique visitors per month. Over a period of 23 months, worldairlinesurvey.com would have less than 230 thousands unique visitors. Assuming that all of the unique visitors voted, which is highly unlikely, the survey entries would have totaled less than 230 thousands - that is 1.7% of the alleged 13.42 million survey entries.

Both Skytrax and World Travel Awards share the same office address at 85 Great Portland Street. Since 85 Great Portland Street is a virtual office address, those two organizations also share the same address with 11,310 other companies.

The trouble with the airline awards is that the methods are not credible and their impartiality is questionable because they have been receiving pecuniary benefits from airlines.

Having said the above, I will also be setting up a company to give out awards. The office will be in May Fair area in London (like Serba, just say only in website, actually will be in 85 Great Portland Street).

Tentatively, the awards are:

- Forumer with Best movie suggestions and likes Aeroflot stewardess uniform

- Forumer with the Best words of wisdom and have a fetish for Air Asia's stewardess uniform

- The person with the most postings that nobody understands (Mike won because only he qualifies)


(Interested contestants please send money to my account).



Thank you.


---


AIR ASIA's AWARDS

Skytrax World Airline Awards
[Commenting on the Award as the World's Best Low-Cost, Edward Plaisted, CEO of Skytrax said: "AirAsia remains a favourite with air travellers and the airline's continued dominance in this awards category is a remarkable achievement in this very competitive market."]

World Travel Awards
[Graham E. Cooke, Founder, World Travel Awards, said: “Congratulations to AirAsia for being voted ‘Asia’s Leading Low-Cost Airline 2021’ and ‘Asia’s Leading Low-Cost Airline Cabin Crew 2021’.]


----------

OFFICE ADDRESS OF AWARD COMPANIES


Skytrax World Airline Awards
85 Great Portland Street
London W1W 7LT
United Kingdom
Tel: +44.203.893.2759
Fax: +44.207.637.0419
Email: Peter.Miller@skytrax.uk


World Travel Awards
World Media And Events Limited
85 Great Portland Street
First Floor
London
W1W 7LT
United Kingdom
Tel: +44 (0) 20 7925 0000
Fax: +44 (0) 20 7925 2552

----------

WEBSITE AUDIT USING https://sitechecker.pro/


worldairlinesurvey.com

"Oops. We couldn't find enough data about this website.
Most likely, there is not enough traffic to get a reliable result. Usually, it needs to be more than ten thousand unique visitors per month to get a result."


worldtravelawards.com

Engagement
Overall visits per month: 107695
Average visit duration: 00:02:32
Page visits: 4.317
Bounce rate: 37.66%


----------

SURVEY METHODOLOGY

Skytrax online survey
www.worldairlinesurvey.com' target='_blank'>https://www.worldairlinesurvey.com

2021 Skytrax Survey

- The 2021 Awards are based on a much extended customer survey period from September 2019 to July 2021, representing a mix of normal travel times combined with travel during the global pandemic.

- 13.42 million eligible survey entries were counted in the final results, 88% of these registered to up to March 2020.

- The online section of the survey was hosted at www.worldairlinesurvey.com


World Travel Awards online survey
https://worldtravelawards.com

- The voting process is online and a year-long communications campaign encourages global participation.

- The votes come from qualified executives working within travel and tourism and the consumer travel buyer.

- A standard vote carries a weighting of one, while votes cast by verified travel professionals carry a weighting of two. To apply for the upgrade, users are required to complete the Travel Industry Voters section on registration and submit a minimum of 10 votes. Votes are internally audited to ensure the validity of each individual vote.

.

Maridien2, thanks.

Air Asia joining the PN 17 hoi polloi...

PN17 company: share price, market cap
Air Asia X: 0.065, 270M
Asia Media: 0.16, 50M
Barakah: 0.095, 95M
Bertam: 0.09, 22M
Brahim's: 0.09, 28M
China Automobile: 0.01, 14M
Comintel: 0.09, 13M
Daya: 0.015, 31M
Dolomite: 0.03, 18M
FSBM: 016, 23M
Iqzan: 0.045, 10M
Khee San: 0.12, 16M
Konsortium: 0.21, 99M
Malaysia Pacific: 0.1, 29M
Nationwide Express: 0.12, 15M
Perak Corp: 0.395, 40M
Scomi Energy: 0.07, 33M
Scomi Group: 0.03, 33M
Seacera: 0.19, 118M
Sumatec: 0.005, 21M

Maridien2 PN17 Companies


14/01/2022 6:44 PM

Share purchases will require cash upfront.

Non-marginable.

Can try to request for ticket refunds to be used to buy shares (but actually use the money to buy food). However, Tony will probably say whatever Tony always says.


AAGB - New Admission into PN17

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3226595

.

Sslee,

I think what will happen is that Insas-WC will drop below 0.3

However, it's not appropriate to say out loud the price that WC will reach because I do not wish to shatter Leno's dreams of migrating to Perth.

rr88 has a theory that Greatech will burst and that snowflake will cause an avalanche in all techs, non-techs, thumb tacks and tic-tacs.

---

Stock: [ATECH]: AURELIUS TECHNOLOGIES BERHAD

Posted by rr88 Jan 14, 2022 4:34 PM | Report Abuse

Oldy here told u to stay away at 2.60 - 2.80.

Now greatec will drop to 3.90++. Thats a 1.00++ drop from here. I let yr imagination takes you where atech should be by then.

Relax bros. THIS IS NOT A ONE DAY AFFAIR.


Stock: [ATECH]: AURELIUS TECHNOLOGIES BERHAD

Posted by rr88 Jan 14, 2022 3:13 PM | Report Abuse

If u dont know now i let u know. GREATEC IS THE BIGGEST B*LLSH*T BUBBLE in bursa new era. All these things used to trade 8 - 15 PE for ages. All of a sudden it rosed slowly n steadily to 60 - 80 PE.

Should it really burst in coming days n weeks, some people will jump off buildings.

Atech by default shuld follow. Know yr risk arr...

.

BennyWhittman,

Strange vibes of 19th October 1987.

What will Steven A. Cohen (who inspired the character Bobby Axelrod) do.



BennyWhittman Our 1st tranche baskets are full....good hunting...54c...545c...55c.

Hold mid-terms, probably until April if no adverse News.

Might go in again if around 51c. Below 50c.....no more interest.
14/01/2022 4:48 PM

Strange pricing in AA-WA. The actual warrant price was trading below the theoretical price, which is a very very rare.

Yesterday, the mother share price closed at 0.745 with the theoretical warrant price at 0.26.

But the actual warrant price was at 0.18, which is the theoretical price for mother share price of 0.62.

And the mother share price indeed closed at 0.62 today!

AA-WA closed at 0.155 today, and is the theoretical price for mother share at 0.56.

If AA were to close 0.56 on Monday, then it will be a case of tail wagging the dog.

Spooky.

Anyway, Capital A Hole will continue to be hammered.


13th Jan 2022 Theoretical price of AirAsia-WA using the traditional BSM (non-dliutive) model:

Stock Price ___ Theoretical Warrant $ __Time Value
0.16 _________ 0.008 ______________ 0.008
0.37 _________ 0.063 ______________ 0.063
0.56 _________ 0.151 ______________ 0.151
0.58 _________ 0.162 ______________ 0.162
0.62 _________ 0.184 ______________ 0.184
0.745 ________ 0.264 ______________ 0.264
0.79 _________ 0.290 ______________ 0.290
1.00 _________ 0.437 ______________ 0.437
1.21 _________ 0.599 ______________ 0.389
1.42 _________ 0.770 ______________ 0.351


Volatility: 47.9%
Stock Price: 0.62
Strike Price: 1.00
Interest Rate: 2.62%
Warrants/share: 1
Days to Expiration: 1740

Snapshot @0.62 __Calls
Price ____________ 0.184
Delta ____________ 0.644
Gamma __________ 0.474
Theta ____________ 0.000
Vega ____________ 0.006
Rho _____________ 0.011
Elasticity _________ 1.83

.

rr88, Merci beaucoup


rr88 Oldy here told u to stay away at 2.60 - 2.80.

Now greatec will drop to 3.90++. Thats a 1.00++ drop from here. I let yr imagination takes you where atech should be by then.

Relax bros. THIS IS NOT A ONE DAY AFFAIR.
14/01/2022 4:34 PM


rr88 If u dont know now i let u know. GREATEC IS THE BIGGEST B*LLSH*T BUBBLE in bursa new era. All these things used to trade 8 - 15 PE for ages. All of a sudden it rosed slowly n steadily to 60 - 80 PE.

Should it really burst in coming days n weeks, some people will jump off buildings.

Atech by default shuld follow. Know yr risk arr...
14/01/2022 3:13 PM