DJ closed above 33,000 mark

DJ break 33,000 mark

Super, Harta, Kossan all lower plus today is Friday. Hard for Rubberex to break thru

Bplant Estate at Trong, Perak call the TRP Estate. Big Estate with own oil Mill

Boustead used to be a dividend stock play & a firm favourite with funds manager. If I remember correctly used to trade around 5.00+

Umno general assembly - clear direction & bearing on the PN government survival.

Some parties are still harping on the silltera deal { citing Gpacket rejection} by Khazanah. Khazanah has put on record that it's favour the sale to a local consortium over foreign parties. DNex was pick and selected over the 3 or 4 foreign parties. GPacket never put in their own bid { only NGV a foreign JV put in their bid with different price offer based on the holdings of their foreign shareholders} tied to the foreign shareholders percentage.

If the fundamental's are solid it's matter of time the market will reprice the counters. remember the early stages of the Glove mania where nobody believes the covid pandemic could rewrite the glove sector outlook. Cpo prices have been trending & creeping upwards starting in June 2020 and hit the $3, 000 per tonne in early September but analysts have not upgrade or raised the sector outlook. Since February 2021 {CPO prices} have surge past the $4,000 per tonne mark. Yet the plantation sector have not the reap the benefit from the uptrend. Cpo prices is at their 12 or 13 year high { yet plantation counters are still mirroring in the 2018/2019 price range { CPO sector was at the doldrum when prices was averaging between $2,300 - $2,500 level } versus today price range of $4,000 per tonne. Plantation companies needs to change their strategy and reward the suffering minority by rewarding good dividends { instead of conserving their cash reserve} Any directors reading this article. higher dividend will indirectly upgrade your company share prices

GST tax refund of 37 million +{ BPlant}

dividend announcement date {with reinvestment option } expected betw June/July. Invest for long term {1 to 2 years} recovery play a more attractive than REIT. just my own personal view

What's disturbing is their own director and major shareholder disposed of around 49 million shares in Rubbrex { November 2020} when prices was at $2.08 - $1.92. but till now when prices have drop & fallen to a low $1.00 - 1.11 { the past 4 months} he has not buy back any shares at this level

Warrant conversion 10,689,600 exercise in March { trade & fund houses redemption }

Disposal of the cruise terminal { 230 million} and sale of Royal Chulan hotel Bukit Bintang {197million} non related business is just the beginning. Stragetic sale of other non related
business eg car rental leasing and Kao trading may follow. Not forgetting their valuable
holdings of prime land in Penang . 1 billion in funds easily can be raised without touching
Their core business { Affin, BHP petrol, UAC, Mutiara Rini, 1Cochrane, Pharmaniaga etc}

Second interim dividend 0.5 per share announcement today { ex date 7 Apr}

DNex warrant expiry date in July { but u need around 2 - 3 weeks time for the conversion } to mother share. logically if the mother price is substantially higher} you can bet 100% conversion. Just my own personal view that more upside for Dnex

Starting from year 2017 till now 2021. Out of Gpacket 16 qtrs result. 15 Qtrs are loss making and negative. ONLY 1 qtr result is positive. Can we still trust him?

Global chips shortages have affected & hit major auto manufacturers { Ford, Toyota, Honda, Nissan, Hyundai} the little chip is used in everything to monitor and control engine performance, info system right to multiple Household appliances and smart tablets} supplies has simply dried up

This counter strictly for the brave heart. Never underestimate this counter. Expect the unnormal becomes the norm. Kudos for those who buy yesterday and make money

New CEO more focus on their core business. Cruise { BCC } are not their expertise { Boustead owned South Port, port klang tank installation that is related to their plantation business} not the BCC terminal

This is not a buy call. do your own research before buying investing in any stocks. Caveat emptor

Without disrespect to any parties. Khazanah board chairman is Tan Sri muhyiddin, Dato Seri Azmin { Senior Minister} , Tengku Zafrul { Finance minister} Khazanah board directors. Listen to BFM breakfast interview with Datuk Sharil {MD of Khazanah} sale of silltera

Just a matter of time before plantation cou ters start the run up. Golden agri in Singapore up 50 %. SBO now at 57 cents per ib

PM announced 5billion additional development plans for Sabah & Sarawak roll outs. Positive for Serbak

Without prejudice. KHAZANAH BOARD {the PM and Finance Minister sits on the committee } okays the silltera diversification deal to Dnex

Boustead plantations has a long history. A legacy of the British planter's { Barlow Boustead} they acquired large tracts of land in Peninsula for their PLANTINGS { first rubber then oil palm} among the stables of estates they acquired { Heah joo seang, Selangor coconut, Malakoff, Telok sengat, Taiping Rubber, Kulai } their estate's land has now morphine into valuable land banks

Private placement dilutes future earning and increase their share base. Theoretically a company earned 100 dollars with a share base of 1000 shares { 0.1 per share} if the share base increased to 2000 shares { earnings per share dip to 0.05 }

Mee too

Overall local sentiment is bad

Rishi totally agreed with your idea. 5G play is another idea so called GP {Puan grand idea} but now the big 3 telco [ Axiata, Digi, maxis] has tied up to improved 4G collaboration. Meaning indirectly 5G going forward is the monopoly. This leaves out all the fringe player

Calvintaneng :yup their balanced sheet certainly have the reserves. If not 1:1 bonus at least a reward for the suffering shareholders either a share split plus a bonus issue of 1 for 2 held

Bplant bought thier Sabah new estate's planted land in 2018 when CPO Prices was at the bottom pit. Technically BPlant should now be reaping the windfall profit {CPO prices hitting the new highs for the past 10 months} with higher production & higher selling price

Technically Ekovest should rebound

What 's wrong with MS. Solid counter but never moves

Rubbish counter's all are pushing higher and higher??? Look at the active counter list

supercominet doesn't belong to this category. they have limited exposure when thrust into limelight

Surprised by the negative drop in this counter. Good qtr result and forecast of a better year ahead doesn't translate into their price. Dissapointed by the negative perception

supply shortages { chips } are affecting worldwide production disruption. from ECB monitor { vehicles} household appliances, production control monitor, smartphones, a tiny chip bit would delay the rollout. Chip supply is now a much desired commodity. Silterra factory is now in a sweet spot

Dip in the early session trading but managed to hold on to the yesterday price level.

Anwar has missed the boat. PKR has lost the plot when Anwar pit Rafizi. Against AZMIN

Look at FGV. failed privatise. Price jump to 1.60. Boustead still struggling at 65-67

Need to wait for the qtr announcement { any upside and their turn around plans}

SOP below par unable to scale higher despite record High Cpo prices

After scaling above 1.92+. TP Price for this week {MACD } could hit 1.98+ { my own forecast and reading}

Waiting for interim dividend announcement. More upside for BPlant if company declared favourable dividend

More upside for sarawak plant and other cpo producers

G packet and DNex is of completely different DNA. DNex win the silltera bid, have the NSW contract extension. With the Ping oil exploration in their bags. DNex CEO is Dato' Sri Syed Zainal. a well known personality in corporate Malaysia with a proven track record. He has served with PNB, Petronas Gas and recently retired from Petronas Dagangan. GP???

Without disrespect to any parties. Planter's or growers will not faced any issues of paying the $16 cess { an increase of $2 from $14} if the average CPO price maintains at an elevated price level of between $ 3,600 - $3,800. Cpo currently is trading at between $ 4,000 - 4,200 per tonne { vs last year average $2,700 - $2,300 per tonne.

Traders locking in position on Friday

Gpacket announced in Nov 2020 to set up 120 Million tech BUMI equity fund but until now.......nothing firmed up. Gpacket great in news announcement. First JV China venture, Hitech tech Park, Silttera factory, digital Bank licence, now 5G play. When is the funding coming?

Rubberex drifting here and there. No clear direction, no new investment, diam diam sahaja. No dividend for minorities despite bumper profit