It is already more than 2 months into the last quarter..and the average CPO price appears to be quite similar to Q3.. so my guess is, we could expect a similar results in Q4...meaning the dividend could be the same, ie. 3 sen or may be slightly lower.. The thing to watch is the CPO price trend..
China has territorial disputes with may countries including Malaysia. Our country has a made a submission in 2019 to the United Nations Commission on the Limits of the Continental Shelf (CLCS) as part of efforts to safeguard our territorial integrity over parts of the South China Sea
Based on the World Bank , the GDP for the year 2022 for USA is $20.89 trillion, for China is $14.77 trillion, Japan is $5.66 trillion.. In comparison, the population of the USA is only 338 million while that of China is 1425 million
I wonder why KYY likes to talk so much about US domestic problems in a forum where everyone is interested in making money. On this, I am very interested in knowing more about the forced covid lockdowns and the property crisis in China and its standoff with Taiwan would affect the local and US markets...If possible I hope his research will enlighten us on how long these problems are likely to continue
If not mistaken, Janet Yellen retired as the Fed Chair in 2018...He was succeeded by Jerome Powell. KYY need to be more careful with facts when putting out articles like this. It was a casual observation..have not looked into the details..
I feel KYY should be fair when downplaying the USA.. Dont forget that PRC is about 4.2 times the size of the US in terms of population...so it does have some advantages when calculating the gdp and market size.....What should really matters is the per capita income ..for which the US ranks 8 while the PRC ranks 64. It is great that PRC is progressing well..but i feel it has nothing geat to gloat about.. It has played the role of a low cost producer of american, japanese and korean products ..but the companies from these countries are moving out...While i understand KYY's sentiments, I see not see why it has to be done at the expense of the US..which we all know is way ahead on many issues that matters to ordinary citizens..Going ahead of oneself..could cause one to fall flat on the face..like what happened on all the hype on vaccines
The earnings for Q2 period , Mar to Jun has not be announced yet. It should be very good and hopefully dividend would come with it given Inno's 80% div policy. But since Jun cpo price has been going down..but still relatively high. Hopefully, the price would stay stabilise at least at around current levels..
Based on 2021 data USA is list 7 and China is 77 interms of per capita income. In terms of population, China is 4.2 times the size of the US.. so even if their GDP even up,the US will still be far ahead in terms of prosperity of its people... If we look around us, literally everything we consume, treat ourselves, enjoy, transact with etc comes from the USA.. Infact we now live in a civilization created by them..And their biggest invention is the USD which increases in value as troubles in the world increases. The reason is simple people trust the Americans more that anyone else
Its quarterly eps gives a pe of roughly 15 at its current price. Noted that its NTA has gone up impressively from 38 sen to 52 sen. Its high growth businesses i.e .petroleum, it, wafer etc could generate more eps in the quarters ahead. Hopefully
Not overly pessistic.. Because of high CPO prices, Q1 results are already in the bag (not announced yet) and we are 2/3 into Q2 period ..with prices still high.. A report in the Edge indicates, that the price will drop over the rest of the year but it will be gradual..Having a 80% payout ratio,the dividends to come should be reasonable.. These are just my views
Fake new is a disease because there is no censorship...and less manipulation of official data.. It may surprise you, that in the other case, even the population data of that country is suspect..because apparently netizens found out that the birth rate does not match with the population figures..Ex.if there was 10 million births 20 years ago, there must be about 20 million 20 years old now...but according to the people who did the research, the reported figures differ by a wide margin....
I suspect there is some misunderstanding among some investors about the recent bonus issue... It was 1 bonus share for 2 (two) existing shares and 1 free warrant for 5 shares..So the dilution is less than if it was 1:!. .... Very recently, I saw a brokerage report that said that the bonus was 2 for 1..which was not the case..eventhough the brokerage set a very high target price...For your info guys . ..of what I saw
The fairly low occupancy for its properties at Bangi, Masai and Senawang (78-80%) ..may be a good sign..as the net income could improve from what it is getting at present..once the occupancy improves..
Looking at the FR for period ending 30 Sept, the net income from all three regions - southern, central and northern regions looks okay to me. The income is spread over 7 properties...so the risk of tenants leaving is less..unless the country is affected by another covid upsurge or other financial calamity..Also,the growth forcast for the country, especially for the consumer sector, is quite encouraging
Puzzling why the price drops this much..The warrant exercise price is 2.45 while the mother share is just 1.50...so there is no likelihood of dilution by conversion of warrants..It looks like the share is undervalued...unless there is some develeopment that we are not aware of..Any info from you guys would be appreciated
It could have...there was a pro china party in taiwan...which was toying the idea of a one country 2 system approach...but now it has become a pipe dream...because the people the saw what happened in hong kong, macau, xinjiang, tibet...and in china proper itself..you will know what i mean if you were following the news... now taiwan is desperately buying weapons from the US to defend itself...the milk has been split...it will be a pipe dream for a couple of generations to come...till china itself changes ...which i think will happen one day
I feel KYY losses his sleep thinking about the US all the time. His favourite country China is 4.3 times the size of the US ..in terms of population..if we are to believe the figures..But in terms of economic and social indicators, the latter is far, far ahead....Also, the former is a blackbox..so whatever that comes out of it ...through just one source...have to be taken with a pinch of salt..Always wondered if it is so popular, why has it to be secretive and restrictive and scared..? May be KYY who knows the country best could give us the answer
This country tried to bring down Australia by trying to boycott importing its goods..In the same token, why is it wrong for the US to restrict its technology to a country that is at loggerheads with it..? The problem for this country is not just with the US .but many of the SEA countries as well as Japan, P'pines, Indonesia, India..Many dont realise it, but it is a country where most people dont have a brother/sister or uncle and auntie, Most of them only have parents and grandparents...
With the exercise price this high, the ex-date for the war. is likely to be quite far away..may be 5 years..it is my guesstimate .. need to check... Once the war. is listed, this info would readily available
Info from equitiytrackers show that bpplas is one of the better stocks in the "packaging" space. Good eps, good cashflow, good dividend (2 sen every quarter), minimal debt etc. I feel it has been dicounted too much after the 1 for 2 bonus issue & free warrants ( with a high exercise value, indicating majority shareholders are not taking advantage of it) ..not suggesting anything, just my views
If only this country can be transparent, it will not have any of these problems..Give unrestricted access to its "training cebtres" and to meet the people there.. like most other countries..why the movement restrictions and information control...? By the way, its own propaganda videos available on the net show very serious cases of terrorism.. It is a unique country where anything can be expected..for example do you know that most of the people there don't have a brother or sister or an uncle or auntie.. Many people there only have parents and grandparents....I leave it to you to figure out why...
I stand to be corrected..but my preliminary casual checks tells me that the controversy raised could be much ado about nothing..the lease agreement are between related parties i.e Serijaya (wholly owned subsidiary of Innoprise) and Benta Wawasan (wholly owned subsidiary of Innoprise Corp Sdn Bhd) which is a statutory body of the Sabah State Govt. And Innoprise Corp Sdn Bhd holds about 50.22 % of Innoprise Bhd. All these companies are controlled by the Sabah State Govt. By the way, its dividend payment is only slightly more than its EPS over the last couple of quarters..just my views
lot of noise about ESG..this will, in my opinion only affect the large caps plantation stocks that has foreign investment..With CPO prices still high, profitability would continue to be high..INNO still looks very attractive to me..
Another factor that may come into play is our currency which is depreciation against USD..Since commodities are priced in USD, drop in RM will benefit commodity producers and exporters..just thinking aloud..
If you see the cash flow, the company is quite strong ..big jump in earning, huge cash pile and retained earnings, strong profit margins etc. But it is paying out slightly more dividends than earnings.. which i feel is ok ..because it has a lot of cash...just my views from what i see..not giving any suggestions...
i feel chance and more humane approach is peaceful reunification like what happened between East and West Germany..We need to note that there was a pro China party in Taiwan...but it got deciminated....and the country now is almost completely under the influence of a democracy oriented party.. Reasons are simple - what is happening in HK and Xinjiang scared the shit out of the Taiwanese..Another point: if the people of Taiwan actually want to unite with PRC, you know it, the US or any other power will not be able to stop it....By the way do you know why most people in China do not have a brother/sister or uncle/aunty...?..Count our blessings
The sharp drop could be due to fear of low profit in 3Q due fairly long periods of MCO..However, it already has ongoing projects (besides contract wins if any in the near future) to keep it busy...So, i feel kerjaya should rebound in the latter part of this year or early next year.. my speculation..
If you look at the balance sheet, rota, roe, dy etc this company is comparatively speaking not great in my view.. Steel counters like tongher, cscstel looks like safer bets provided steel prices are adversely impacted...
Astro has good cashflow..Back of envelop calculation show that it would not be too badly affected 33% taxes on profit above RM100 million.. The extra that need to be paid is the 9% above the old rate of 24% for profits more than RM100m... The amount appears big..but being a big cashflow company, its effect does not seem too impactful to me..just my views
2Q profits was very good. Anybody have an idea on what 3Q profits would be ? Longer periods of lockdown during the 3Q.. But with such a strong balance sheet, i feel it should do well at least over the mid/long term.. Just my views..
Great article... but Calvin i feel you should leave out religious preachings.. You have still not answered my question in layman language ...on why there is so much inequality in the world based on your religious world view..that assumes that God loves us all equally....and that we dont carry a baggage from our previous life..however but i must admit that i like your analysis here on plantation stocks..
Gives good dividends for the third (sept) and fourth quarters (dec) based on past records. Also it has high net tangible assets and eps relative to the price..Most of the shareholders are institutions including a number of public bank unit trusts.. The shares are being tightly held could be one reason why the stock has low volatility...and does not move much..
If we look at how TopGlov responded to the issue, you will see that there were labour issues involved...7 or 8 of them ..if i recall correctly...Pl google to see what they are..This company tackled the issue smartly by highlighting to the public periodically which of the many criteria on labour issues it had fulfilled and which it did not...they did not fight back...very impressive...once fulfilled , they were back in favour.
Based on equity tracker, this stock is held by major fund managers including public bank equity funds and investors from singapore. it also seem to have a huge amount currents assets and its share price relative to net assets appear very favourable when compared to its competitors....but i noted that its website is not as impressive as that of the world largest globe manufacturer..
What is happening in the world's largest country (by population) is a perfect storm, to say it is a mess is an understatement. From disrupive weather, blackouts, business closures, bankrupcies, social enginneering (affecting business practices, IT, education, entertainment, gambling, social media etc etc), problematic foreign relations, covid to does not seem go away, foreign businesse exiting the country etc etc ...there is a lot to talk about ......I am looking forward to KYY giving his views on some of these issues
An american strategist once said that the US should get a cut for whatever transaction is made in any part of the world. If you really look into your life today, you will realise it is true ...from everyday products, fast foods,soft drinks, medicine , clothes, entertainment, financial transactions and social media ...everything is from the USA..why? some time a ago an adversarial country produced a 10 minute propaganda video on how it will attack a US military base..and you know what ? ..in that short 10 minute videa, it used video clips from 3 different US movies...The point I am saying is the US is much, much stronger than many people think..It created the civilization we live in ...By the way, the US unemployement rate in August 2021 is only 5.2% ..as a after thought, the colgate that we use every morning is a US brand, check out on the rest of the products we use and enjoy ...and you would be in for a shock
Gloves are usually one-time use product..My feeling is even covid becames "endemic", fear of contacting the disease, especially for medical staff will always be there...and using them is also hygenic...So the practice of using gloves that peaked due to covid will not decrease very quickly in my view.....
KYK needed to take care when making allegations against people and countries...He should ask his people to double check his figures..on whether they are accurate, up-to-date etc. Personally, I feel the topic he has chosen sounds highly patroitic (to malaysia) and said in an extremely carefree and careless manner..It is upsetting
We need to be careful about the definition when comparing the "civil service" in different countries. For instance, in the UK if I am not mistaken, the army, the police, the national health service are not included as part of the civil service. So it is necessary to be extra carefull when making claims not based on verifiable facts...It seem to be very prevalent among certain bloggers on this site..
Ensuring freedom to express grievances and press freedom allows for better insight into what is happening in a country. Recently the country announce that it had moved ...(forgot the figure) people out of "absolute poverty" . Following that a reporter from Apple Daily who happened to be in one of the villages that "moved out of absolute poverty" reported that the people there did not have piped water and they had to walk 2-3 miles to get it. What soon followed that is like they say is history...the owner of the paper together with many of its reporters were put behind bars..and the paper was forced to close down...The point here is, we should not take reports from official media, especially from autoritarian regimes be the truth..we need to treat them with a generous pinch of salt..
In terms of per capita income , the US is no.13, Msia is 47 and the PR_ is 79, i repeat 79. KYY should show more sympathy to the poorer countries -- countries that have been devasted by massive floods, exodus of foreign investors, power shortages and blackouts, bankrupcies that put miilions to lose their homes, investments and jobs..and that risk the economies of other countries...This country is a "black box" where whatever happens nobody knows..It is not difficult to speculate the level of "extreme poverty" in this country that is linked to all the problems listed and more...I look forward to a good analysis of what is going on there...and KYY's advice on what we investors should do in the days ahead...