Due to ESG issues, plantation stocks can’t move up.
However, the huge increase in CPO prices will contribute to high profits and cash in next few qtrs.
so, now is a good time to collect plantation stocks as almost all plantation counters are reporting increased in revenue, profit.

Over 15 plants/factories of TG were flooded at Jalan Meru. Many machinery were damaged besides inventories.

The coming qtr announcement in Dec, maybe after Christmas going to be bad as LiiHen, Weg and Latitude already announced bad qtr results in Nov …..

restructure and takeover by VS to continue to supply to Dyson under VS mgt……..
some black hearted peoples try to prevent such thing happening???

Beware, seeing red in Qtr 4. Sell now and to buy back after Christmas as going to have good discount after Christmas and after qtr 4 announcement.

Farmfresh IPO going to be superbly oversubscribe and going to have plenty of cash to grow and expand. The real facts, Farmfresh milk are much fresher, lesser preservative and better than Dlady milk. Many established cafes such as Starbucks is using better and fresher milk of Farmfresh instead of Dlady milk. More and more cafes are switching from dlady milk to farmfresh milk.
Farmfresh has better farm and better breed of cows compared to dlady. The mentality of foreigners is better than locals were over. Dlady must step aside for Farmfresh.
soon, dlady will goes under 30.00 especially after the listing of FarmFresh.

Products of TAFI and LT is different.
TAFI furniture is low quality chipboard furniture for low cost apartment and service apartment whereas LT is quality solid wood furniture for medium to high end condo or landed properties such as semi D or bungalow.

July and Aug already reported losses in Vietnam.
Sept also expected to report losses.
At present, no sign of any improvement in Vietnam.

Q4 results not good. Lower than Q3.
Next Qtr results worse due to Vietnam plants shutdown or operating below 40%.

July and Aug already reported losses.
Sept also expected to report losses.
At present, no sign of any improvement in Vietnam.

Latest Updates
13-9-21
As of September 13, 2021, Vietnam’s Ministry of Health confirmed a total of 613,375 cases of COVID-19. However, 374,578 of the affected patients have recovered and been discharged from hospitals. Vietnam has also recorded 15,279 deaths due to the pandemic. The latest community transmission cases have been reported from Ho Chi Minh City, Binh Duong, Dong Nai, Long An, and Kien Giang among others.


Poh Huat factories are in Dong Nai and Binh Duong. Both operations had been halted or operated at below 30% since July, that means almost 2 months without proper production and may be extended further due to the covid situation in both districts still not controllable and getting worse.

Bad congestion at Vietnam ports resulted increased in logistics and unnecessary costs.
Shipments delayed, diverted or cancelled by buyers resulted GP margins dropped.
Bad for those with operations in Vietnam.

Factory at Muar received stop work notice again…..

越南疫情延燒，以胡志明市為主的南方19省市疫區全面封城，相當於全境約1／3封鎖，造成胡志明市7月工業生產指數下降19.4％；越南最大港口凱萊港、越南新港蓋梅國際港碼頭也宣布暫停接收進出口貨櫃。對這個世界第二大紡織品服裝鞋類出口國來說，疫情影響是難以承受之重。

越南自4月底來病例激增，越南衛生部數據顯示，截至8月8日累計確診病例逾21萬，8日新增9,690起確診病例，創疫情爆發來單日最大增幅，其中胡志明市新增確診病例單日逾3,800例，占越南全國新增病例的半數。

這波新冠變種病毒已導致大量工業園區、工廠暫時關閉，生產供應鏈斷鏈，據越南投資計畫部統計，上半年越南有逾7萬家企業倒閉，較去年增加24.9％，相當於每天有400家企業倒閉；7月工業生產大幅下降，其中胡志明市工業生產指數下降19.4％。

據了解，包括豐田、Nike以及三星等全球品牌在越南主要生產基地都因封鎖被迫停工，或面臨產銷困境。

越南為世界第二大紡織品服裝鞋類出口國，據越南紡織和服裝協會（Vitas）統計，全境目前有30％～35％的服裝廠倒閉。

由於越南南部已被封鎖近一個月，港口生產力下降，南部海岸線船舶擁堵，中部歸仁港檢測到大規模疫情爆發也已封港，貨櫃擁堵開始向北蔓延。

凱萊港貨櫃堆場飽和，碼頭工人數量被消減一半，卡車、貨車司機也面臨短缺，據航商赫伯羅特官網公告，已接獲凱萊港、越南新港蓋梅國際港碼頭暫停接收進出口貨櫃的通知。（新聞來源：工商時報─記者邱莉玲)

Till today, not correction or ratification to Bursa announcement.
Are they insisting that RM91.08 NTA per share is the correct figure????

Vietnam factories planned to work, sleep and eat in factory.
Workers will be locked in the factory compound and not allowed to leave factory compound as required by Vietnam authorities if intent to run production during lockdown period.
21/07/2021 5:06 PM

Closed due to Directive from Vietnam govt. to contain spreading of covid.

Vietnam factories closed, why no announcement?

Covid is very weak virus, India with very bad and poor healthcare accessibility and too many poor peoples unable to access to proper healthcare or clean water or air, the fatality rate is only 1.3%
Like our country, many healthcare officers are quite inefficient, slow or unproductive, fatality rate only 0.6%
Soon with Pfizer pill, more and more peoples learned to accept covid is just another normal flu and with very high recoverable rates, AAsia will fly again……

I’m new to ioi, can buy at current level??
Will drop further?
Thinking to start to buy some using by funds from Isinar.

Malaysia KPMG not reliable anymore and too Kiasi till failed to make rational decisions.
That’s the problem when you hv half past six peoples claiming to be professional......Malaysia Really Boleh!!!!

Latitude is a better manage group compared to pohuat and LiiHen. Till today, Latitude had tested all its foreign workers but with zero positive cases and never been forced to shut down by authorities, whereas LiiHen and PH had been forced to shut down by authorities several times. LiiHen is the worst.

The coming qtr will not be affected by shutdown as the shutdown was in Jan’2021
The coming QR is for Feb, Mar and Apr 2021.
PH will follow Latitude good results in the coming quarter.
Both hv operations in Vietnam as Latitude Vietnam contributed to the good results of Latitude, so PH Vietnam will also going to contribute great profits to PH in the coming quarter like Latitude. Unlike LiiHen hv no operations in Vietnam and LiiHen is producing lower grade furniture compared to Latitude and PH.

Therefore the coming Q4 should be much higher may hit 900mil or 1 bil.

Q3 traditionally was a low quarter for LT
This round, it is better than certain strong quarters of previous year.

Another great results by Latitude. Poh Huat’s results should be great as well by next month.....

Another great results.

Latitude tree so far the best furniture counter, they had tested all their foreign workers and with zero positive cases. LT is at Kapar, Klang. LT is the biggest and the best furniture company in Malaysia.
LT provides much better hostels to their foreign workers and much better than glove makers in Klang. That explained why so far they hv zero positive cases after tested all their foreign workers.