Dissapointed Rsawit not moving despite higher CPO prices for the past 1 year. Prices seem lock in between 26 - 30

Cpo prices { at some point of time will eventually retraced back some of the gains} and reflect the demand and supply of edible oils in the open market vs prices of other competing soft oils. Currently SBO {Rotterdam} is around USD 1,650, Indonesia CPO {FOB} is at USD 1,290 vs Malaysia CPO {FOB} at USD 1,270 per tonne. The price premium between SBO and CPO is big app USD 350-USD 380 per tonne. Whatever the price farmers in the {US mid West} is enjoying the boom in superbull run in commodities { corn, wheat, soya} Palm oil is not a market marker. Palm oil is just positioning itself following the lead in SBO. Mr Market knows best

Fear of a total lockdown and the sharp rise in Covid infections was a damper for the investors. The MCO 3.0 is not the answer to curb the spread of covid infections. What investor fear most is the ineptness, confused and contradicting signals sent out by the Ministers

Lock in to the so called kiple app. Nothing special to attract users. plain simple ordinary app. Now understand kipple means kids play

This counter up 1day next day down

Retailers stuck between 45 - 55 when all the fu _king hype over the so call China JV, Silttera chips factory, hi tech technology park, digital bank licence, e wallet, Singapore business. All talk but none materialised

CPO price already up 40% { $4,500 - 4,750 per ton } SOP still stuck betw $4.15- 4.20 price. In theory SOP should be trading at least above $ 5.00 mark

Shares in circulation would be double up to 2.5 billion excluding the private placements or warrants conversion. Warrant conversion may be fixed at very low entry price. Market price now 32-34 sen, rights at 34 sen, free warrants { eg conversion price fixed at 15 sen} Die lah

DNex all their business segments performing. INDONESIA operations tie up with local telecoms, silltera chip operations tie up with China, Ping petroleum outperforming and thier local own Malaysian operations contract with the Government extended. Good strategy

Without knowing the identity of the parties who subscribe for the warrants and their conversion price at 50sen { we can only assume they are in for a long ride unlike those who assume they are only trade flippers } the funds who undertake the private placements { mind you the amount subscribe are not peanuts} most likely have do their own research and undertake diligent studies on the projects and the payback period. This are venture capitals and shrewd funds manager not your typical neighbour friends who pumps in millions. Just my own view and personal take

This group of armchair analyst's are still sticking to their 2021 pricing forecast of 2,800 per tonne { citing their own reasons.} First 5 months {Year 2021}average traded price have already surpassed their price assumption by 30%-40% depending on what angle you are looking. Jan {$3,748} Feb{$3,895} Mar{$4,041} April {$4,220} May { 4,500 - 4,800} Corn and SBO is on solid uptrend. US Corn per bushel is at 7.00 { Whereas China domestic price is at 10.00} China will continue to up their corn purchases. This is just a clear example where commodities is heading whether it translate into the stock Prices? Is anybody guess

Serba just obtain additional 1.5 billion Islamic financing

Too many related party transaction dampen investor interest. KC and Botak also not seeing eye to eye. Ekovest become the ATm fundings for Botak. Ekovest main interest in construction and toll road is now diluted with the injection of PLS durian farms and the delayed Bandar Malaysia project which Ekovest acquired partially from IWH. From 1.00 +Ekovest keep on trending lower and lower. Minorities need to voice out

Turn around story, disposing non core business, new CEO and board members

Our MOH vaccine rollout way too slow. Look at how Singapore roll out their program. Public medical health centres & hospitals, GP doctors, private clinics, NGO & targeted factories, all have their anti covid shots { plus you can opt for the different vaccines} community hall, shopping centres not forgetting schools, poly etc even foreign workers already administer anti covid vaccine Foc

Pharma { Boustead subsidiary} announcement of bonus issue. Expect both Affin and BPlant higher final dividend payout too

Expect final dividend announcement in early June

Windfall tax on the palm sector is already in existence since the late 80's {not a new tax} it's applicable if the CPO price in Peninsular hits above $2,500 and $3,000 in Sabah & Sarawak. Indonesia imposed a levy system of $55 - 250 { subject to CPO pricing} to subsidise the palm diesel B30 program. It is a fuel subsidy program to reduce Indonesia less dependent O fuel imports { but it also means less CPO is available for the export market. Of late, certain sectors are urging the MOF to impose the windfall tax regime on the glove producers { that's currently in place for the palm producers and IPP power producers} the MPOA {Palm Council association} is now engaging with the government to up the windfall tax ceiling from $2,500 to $3,500 for Peninsular and $3,000 to $4,000 in Sabah & Sarawak respectively. Meaning the tax only applies if CPO touch a higher ceiling price

CPO export tax is only applicable to Producers who ship out { export} their CPO overseas. This tax was originally intented to protect the local refiners. For the record Malaysia export only limited percentage of their domestic production{ CPO} overseas { majority 95% is RBD olein, RBD palm oil and other processed palm oil for the overseas market. Whereas Indonesia is world number 1 exporter and producer of CPO whereas Malaysia is the number one exported of PPO. There is a marker difference between CPO vs RBD olein or processed palm oil. Boustead sells the CPO directly to local refiners. They do not export their CPO directly. FGV, IOI, Sime Darby eg. have the own Tax duty exemptions permits when they ship out their CPO to their own overseas factories.

Strong coming qtr result expected. Average CPO selling price substantially higher { 8 year high}. Imagine if they sell 50% on spot basis. Do your own research and look at their production too
This is not a buy call.
Jan 2021 - $ 3,748
Feb. 3,895
Mar. 4,041
Apr. 4,220
May. 4,700 { physical new high}

Big private placement of 30% {maximum allowed by Bursa revised listing}. Big investor 642 million at 72 sen

Big private placement of 30% at 72 sen {max allowed by Bursa revised listing rules} . Not a small player but a long term investor putting in 642+million into Dnex

Lack of awareness on CPO price vs plantation bottom line {profit contribution} partly contributed to the lethargic retailers level of participation. Remember the CPO price downtrend over the last 3 years another contributing factor. Unlike the glove counters which was heavily promoted { hardly any news coverage by the main stream press or the IBs}

Errata - corn and SBO are now heading their year high record high { with CPO tailing their recoveries}

UP paying a special dividend of 0.50 per share and a final dividend 0.15 per share =0.65 per share {xdate 26 April} much higher than glove producers or the banks. Edge and the star hardly cover any positive on the market development. Keep on harping environment. Please remember all other agricultural producers { e. g. Corn, wheat, rapeseed are not subject to the same scrutiny and NGO critics} this are trade issue raised by the western NGO. Corn and SBO are not heading their 8 year record high prices. Farmers in US are gleeming { and with Biden announcing more pro farmers policy} looks like more legs for this commodity. Whereas in Malaysia { the government of the day at best is warming the Plantation or Agriculture portfolio}

Latest sapura omv joint venture disposing all its interest in well producing oilfields interest in Peninsular offshore for USD 9 million. Chairman { Sharil} sapura omv said to focus instead in sarawak exploration. Is ithis a good move.??? Sapura omv is currently producing 37,000 barrels per day. Its shares in the OMV is around 6,000 barrels

Profit taking after price hike up +30% is normal. Everybody wants to lock in part of their profit

Algae oil is a big Q? even now palm diesel { B30} having issue

DSS Zainal is a reputable man with a solid background. He retired from PetDag group CEO in July 2020 and appointed as DNex group MD. Petronas staff known for their integrity

Need to scale up >above 2.05 first. Previous price high in February

Good info mrfeng

Nano chips need lots of new funding investment. Better stick to existing chips { demand will be sustain and good for the next 3 years}

Without disrespect to any parties. Nobody can predict or fortell the future or the stock movement. Prices can move up or down { look at glove producers} the goreng counters {pump and dump} the chartist, fundamentalist, fund specialist, day traders will all be very happy if they have a magical crystal ball. Loss making counters jump 800 - 1000 times matter of 7-8 months with no projects or negative balance sheet

News announcement Boustead Holding selling a parcel of land along jalan Cochrane to Sunway group for a cash consideration of 233.4 Million

news announcement Boustead holdings { not BPlant } selling a parcel of land along jalan Cochrane to Sunway group for a cash consideration of 233.4million

If not mistaken. Balau & Connemara Estate are all located in and around mukim Broga Semenyih District. Nottingham university { subsidiary of Boustead Group} also at the vicinity

Follow the uptrend never fight against the market. Same applies betting against the house

The huge spike in New cases is a good reason for the PN government is not to reconvene Parliament sittings on 1st August

Director buying {showed their commitment and support} same goes for warrant conversion. You don't convert your warrants and paying the exercise price to flip { its takes between 15-21days for the shares to be credited} this excludes the time u buy and hold the warrants before exercising

DNex is not the goreng { pump and dump} category stocks. Seriously look at their number of warrants conversion { 35 +50=85sen} showed the warrant holders are focus in the company 4long term

Time for MS to ride up the ladder

Yup holding and waiting for the Dividend

DJ up 300 points. Time for BJ rebound

Calvintaneng : agreed BPlant is a deeply undervalue gem and overlook by most investor. Need a big buyer to unlock their value { a dawn raid }takeover on Bplant

3-4 years of mismatch fundings, expectations and mismanagment result Boustead Group from a true blue chip { dividend play } into a penny stock. Well established business modeks means nothing if the CEO or management is not focus. Privatise and see how well true entrepreneurs run Affin Bank, Affin - Hwang, Boustead plantations, Pharmaniaga, BHP petrol, UAC cement, Mytown & Mutiara shopping mall, South Port, port klang tank installation, BHIC not forgetting huge Property land banks

Cpo breach $4,270 per tonne record but plantation counter { prices} still lethargic & struggling to gain momentum

My apology. TSMC plan to invest USD 100 billion over the next 3 years to grow its capacity. TSMC is Taiwan biggest chip producer & contract maker in the world

Mr pang72. shared your same feel. Chips production have a high initial start up cost. Look at TSMC to invest 100 Billion to grow capacity { Read that again 100 billion}

Better open online either thru Maybank or cimb

Keep cool. Some people play contra or day trade, some play short term, others into long term investing. Everybody have their own style. Just shared what u have or hear about DNex.