If the melon can be exported to Japan, then really huat cai!

Respect Boss Wong, walking the talk! Also company still have lots of room to buy back.... now not even 1% yet, another 9% room!

Just a gentle reminder on the schedule: Smart Farming Business is to start in 3rd Quarter this year. Currently, the company should be busy getting ready for the launch, such as engaging external service provider for the IoT system, building up to 19 green houses, and getting the relevant licenses. Prospectus said: "....our Management expects the
Smart Farming Business to generate revenue and profits to our Group by 4th quarter of
calendar year 2023." So will be exciting to see the result in less than a year!

@ks55 Are you refering to LC? Can explain how it is overpriced....as it can be converted to mother with no additional conversion fee.

Just checked, production for Dec-Feb this year is generally better than same period last year. Any one has checked more complete data? Can pls update?

Going up...Good to see expectation realised!

Latest news I have: https://www.thestar.com.my/news/nation/2022/12/22/transport-ministry-studying-need-for-new-airport-in-perak-mb-tells-state-assembly

Contract extension, 3 months, worth 12.5mil
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3337317

Topping up on the warrants..... waiting for fund to come in before can convert to mother.

Can anyone see our immigration take over and do in-house the development of NIISe? It has got the relevant computer department/manpower? I don't see it is possible for immigration to have such a department suddenly.

Agree that MCO and delays in shipping must be taken into account. Also the due date is 2024. Some projects have long gestation and testing periods, and may have nothing much to show until near completion. So, gov must evaluate the project n a holistic manner! (Yes, I have quite some IRIS shares!)

https://www.sinchew.com.my/20230313/%e5%8d%97%e6%96%b9%e7%94%b5%e7%bc%86-%e8%b6%85%e5%8d%93%e5%bc%ba%e6%94%bb%e6%b5%b7%e5%a4%96/

@AlfI3 Don't know why it spike up! I think it makes sense to go up, but why today? and why spike? Could it be some big buys also notice ANNUM and buy it while it's cheap??

Happy that Dr Poh is back!

@StockSniffer Just wonder how you could tell "Goreng is about to start", so chun? I thought it will take longer :(
@Vincent How you come up with 35c? Can share your estimate?

For HM counter, I remind myself the Chinese idiom story about 拔苗助长 "to help the shoots grow by pulling them upward", so just stay calm, do something else while waiting. Good luck!

TreeTopView, Thanks for your postings in which you alerted us to the possibility of someone collecting the warrants, and the Dato TCS appeared. I plan to remain invested in Ptrans and guess you'll too. Good Luck!

5354_, Oh, good point, i also worried. According to the flood map
https://www.google.com.sg/maps/@2.5577112,101.9754689,484502m/data=!3m2!1e3!4b1!4m2!21m1!1s%2Fg%2F11sk1sj3qt!5m1!1e4

HM plantation is in MUkim Ulu Johor
https://www.google.com.sg/maps/search/mukim+ulu+sungai+johor/@1.6932555,103.4802183,122262m/data=!3m1!1e3!5m1!1e4

Not in the flooding area, good!!

5354_, Oh, good point, i also worried. According to the flood map
https://www.google.com.sg/maps/@2.5577112,101.9754689,484502m/data=!3m2!1e3!4b1!4m2!21m1!1s%2Fg%2F11sk1sj3qt!5m1!1e4

HM plantation is in MUkim Ulu Johor
https://www.google.com.sg/maps/search/mukim+ulu+sungai+johor/@1.6932555,103.4802183,122262m/data=!3m1!1e3!5m1!1e4

Not in the flooding area, good!!

5354_, Oh, good point, i also worried. According to the flood map
https://www.google.com.sg/maps/@2.5577112,101.9754689,484502m/data=!3m2!1e3!4b1!4m2!21m1!1s%2Fg%2F11sk1sj3qt!5m1!1e4

HM plantation is in MUkim Ulu Johor
https://www.google.com.sg/maps/search/mukim+ulu+sungai+johor/@1.6932555,103.4802183,122262m/data=!3m1!1e3!5m1!1e4

Not in the flooding area, good!!

jt18, for plantation , i think got to be long term, need patience. So I just set a target and leave it, check once a while.

5354_, May be the reason. Glad you point out.
And bought at discount......i post again my earlier post:
".....It hired experienced managers, a PhD scientist, and a team of workers to do the job. 1300 acres for 21mil was a good deal as the valuation was 30mil. Besides oil palm, the land has 45 acres of durians, maturing in 2026.
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3326384"
Pls check and evaluate it yourself. Good Luck!

Not old man yet, but got time got patience, haha

Yup, accumulating whenever got chance

Good, already slowly moving up, sikit^2 lama^2 jadi bukit Ooooh, 一步一步上！

So far so good......hope got penang guys here to give some opinions!

Really proud of Myeg! And very importantly to have a boss who buy in to demonstrate his confidence! What a good example!! How to resist not to support Myeg??

Is it not insane that Jakel gets private placement at 38sen?? Its a whopping 27.33% of Cypark!

Hi Sardin haha, may be may be. But there are several orang kita on top management....Yeah, as ooihk899 said, can some one ask at AGM? Isn't good to diversify? UP has great ESG and European connections, lets have a 10 year plan!

@D197btg I think if UP wants, it can do as they have research lab, fund and organization. And access to Europe. If mainland Chinese can acquire the durian taste bud recently, why can't the Europeans? It can start small and scale up later. No risk no big gain.

About cash flow: from AR 2021 Chairman statement
"On 28 October 2021, Southern Cable successfully
transferred its listing status to the Main Market of Bursa
Securities, after fulfilling the Securities Commission
Malaysia’s Equity Guidelines for the transfer listing.
Southern Cable and its subsidiaries (the “Group”)
recorded aggregated profit after tax of RM76.0 million for
the past three financial years from 31 December 2018 to
31 December 2020 and maintained positive cash flow for
the same period. "
As it can get order from USA, is it not a solid recognition of its cable quality? I assume the company knows how to manage the order. If it can't handle the large order then can't it just not accept?

Hua Yang has lots of land!!

Ok, ppl begin to notice! With gov housing incentives, bringing in Singapore HDB model for consultations, can expect more housing will be built?

Young ppl go for Lasik, seniors go for cataract--replacement of lens by artificial lens. Johor clinic will attract Singaporeans, when they come over for happy weekends! So, why down so much? I top up some already.

@Albukhary Last 5 QR very good, think very good potential to untung, plus free warrants coming!

Why suddenly down so much?

Got dividend some more, shiok. Think I better get some more before it up too much

Dividend 1.17 shiok

Should UTDPLT branch out into Durian as well? If can cater to Europeans' taste, boy, we will get 10 times the dividends!

Dividend RM 1, nearly 18% better than last year's RM 0.85

Hey, Below is ChatGPT translation of
https://klse.i3investor.com/web/blog/detail/ceomorningbrief/2023-02-23-story-h-297431019-E_amp_O_Sees_Rights_Issue_Future_Sales_Supporting_Phase_2_Andaman_Islan

CEO早间简报
E&O计划权益发行，未来销售支持第二阶段安达曼岛的资本支出

edgeinvest
发布日期：2023年2月23日，上午8:42

E&O总经理郭德昌（左）和执行主席Datuk Tee Eng Ho（Low Yen Yeing / The Edge拍摄）
吉隆坡（2月22日电）——房地产开发商东方和东方集团（Eastern & Oriental Bhd，简称E&O）的高负债对该集团而言影响甚微，因为该集团预计通过最新的筹资提议和销售所产生的现金将支持其下一个增长阶段。

该集团正在寻求第二阶段安达曼岛项目的额外资金，尽管缩小了首次在2022年2月提出的权益发行，该集团预计明年手头将有约5亿令吉的现金。

在E&O的业绩简报会上，该公司总经理郭德昌表示，他相信该集团的不可赎回可转换无担保贷款股（ICULS）权益发行将被充分认购，以实现其新目标，即筹集2.55亿令吉的新资本。

加上其房地产业务和酒店业务的持续销售和收入，郭德昌表示该集团到明年将拥有5亿令吉的现金。

该集团截至去年12月末的总借款为12.9亿令吉，现金为1.8631亿令吉。相对于18.3亿令吉的股本，总杠杆率为0.7倍。

E&O拟通过发行每四股E&O股份配发三张不可赎回可转换无担保贷款股为安达曼岛项目提供部分资金，每张股票价格为23.5仙。

这些ICULS的存续期为五年，票面利率为3.8％，转换价格为23.5仙。这些权益从2月21日（星期二）开始交易，最后交易价为3.5仙。

相比之下，E＆O的最后交易价格为30.5仙，市值为4.5041亿令吉。该集团此前提出以50仙的价格每两股E＆O股份发行一张ICULS，以筹集高达3.6278亿令吉的资金。

在安达曼群岛项目中，E＆O执行主席Datuk Tee Eng Ho表示，该公司预计在2024财年第二阶段的Seri Tanjung Pinang（STP）将投入2亿令吉的资本支出。

Tee表示，预计安达曼岛第一阶段的开发将在未来15年内提供170亿令吉的总开发价值（GDV）。

E＆O已经完成了253英亩的第一阶段填海造地，而507英亩的第二阶段预计将于2028年12月完成，Kok表示。

第三季度盈利近4倍增长，主要得益于安达曼岛第一阶段的首次推出销售
截至2022年12月31日的第三季度（3QFY2023），E＆O的净利润从去年同期的783万令吉跃升近4倍至3009万令吉，营收激增超过3倍或247.32％，从2338万令吉增加至8120万令吉，这主要是由于安达曼岛第一阶段的首次推出销售The Meg- 1020套服务公寓和14个商铺的销售额增加，以及填海造地的收入确认。

值得注意的是，其酒店业务部门的收入贡献增长了305.4％，从去年同期的1660万令吉增加至5070万令吉，主要是由于入住率和平均房价的提高。

截至2022年12月31日的九个月（9MFY2023），E＆O实现了盈利，净利润为2845万令吉，而去年同期则亏损了1526万令吉。累计营收从之前的8379万令吉激增了201.69％至2.5277亿令吉。

关于其前景，E＆O表示，自2022年1月开始销售项目以来，The Meg已经超过95％的销售。

该集团表示，鉴于其战略位置和广受欢迎的产品，它对即将推出的项目感到兴奋。

“虽然槟城将占据我们未来发布的大部分，但由于旅游和商务旅行持续强劲复苏，酒店业务部门的入住率和平均房价创历史新高，我们对其充满信心，”它补充道。

在2023财年之后，Tee将销售目标定为2.5亿令吉。

资料来源：TheEdge-2023年2月23日

End of translation.

The table in the Chinese article is not translated since it is in jpg format and I dont know how to turn it into text for ChatGPT to read. Happy Investing, Good Luck!

Bullish on the Future of Fruit and Vegetable Farming

According to the company's financial report, the increase in revenue mainly came from the company's wholesale business. However, due to a one-time negative goodwill gain of MYR 20.69 million in 2021, the profit for 2022 appears to have decreased significantly.

Based on its positive outlook for the future of fruit and vegetable farming in Malaysia, the company has decided to enter this industry and expects the new business to contribute at least 25% of its net profit.

The premium for ANNUM-WA is currently at 55.1%, which is relatively high for a warrant that will expire in two years. The warrant is also considered expensive due to its higher implied volatility compared to the historical volatility of the underlying stock.

Due to the significant drop in ANNUM's share price from its high, as well as the appearance of new significant shareholders after the issuance of the additional shares, there is a greater possibility of a rebound at a lower level, leading to support from investors for ANNUM-WA, which has a lower entry cost.

Disclosure: The author of this article holds shares in the company mentioned.

Disclaimer

This article is purely for academic or experiential advice, and readers who are interested in investing should conduct their own research or seek advice from a stockbroker before making a decision. Investment involves risk, and we encourage the creation of wealth through correct investment methods.

Hi, I asked ChatGPT to translate part of the article
https://klse.i3investor.com/web/blog/detail/nanyang_warrants/2023-02-27-story-h-297334794

The result is:
Title: Nanyang - Warrants Column / Wen Shilin
Entering the Intelligent Agriculture Industry, ANNUM and Its Warrants Deserve Attention / Wen Shilin

ANNUM-WA, a warrant issued by ANNUM (5082, Main Board Industrial Stock), was listed on Bursa Malaysia last Tuesday. The warrant was part of ANNUM's recently completed additional share issuance plan, and was distributed free of charge to subscribers at a ratio of 3 warrants for every 4 shares subscribed, with a total of 97.5 million units issued.

It is worth noting that the subscription rate for this additional share issuance plan was not high due to the issue price of 30 cents being higher than the market price. However, some investors made up for this by subscribing for additional shares, enabling the company to achieve its target fundraising.

After its listing, ANNUM-WA traded between 6.5 cents and 8 cents, and closed at 8 cents last Friday. ANNUM's mother stock has been on a downward trend for the past year, falling from a high of about 85 cents to 24.5 cents last Friday.

Formerly known as New Hoong Fatt Holdings, ANNUM is engaged in the plywood and construction businesses. However, the group has entered the intelligent agriculture industry through this corporate activity, mainly by cultivating Japanese melons through the additional share issuance plan.

For the first three quarters ending on September 30, 2022, ANNUM's revenue increased significantly by 40% from RM167.16 million in the first three quarters of 2021 to RM234.20 million. The company's net profit, however, decreased by 48% to RM22.68 million.

ChatGPT Feb 13 Version. Free Research Preview. Our goal is to make AI systems more natural and safe to interact with. Your feedback will help us improve.

haha, another and another big boss will be coming in? I said several times before can consider holding Ptrans as gifts to our children....nice that big bosses finally also keen in Ptrans! Didn't know I think like big bosses, regret didn't go into business, haha. Happy trading, friends!

PPl converted warrants to mothers and sell for quick gains. But I think no worry as long as company use the conversion fees wisely!

6 sens, good job! But expecting more upwards, with so much developments needed in East Malaysia！加油!!

Greensky2, I mean market cap is 300mil, not profit. Anyway, am holding on as things looks ok especially the newly appointed auditor.

Long queue at LR, good sign. Ppl who sell mother below fair price and hope to get cheap by bidding excess be careful....may be difficult. Good luck!

not directly, just to remind us of the durian industry. Btw, I tend to be a bit more optimistic in outlook. TAYOR

@Alfl3 You don't mean the one posted by ivanlau 6 days ago?