where do you get the soybean price recovery stats?

europe lockdown = rapeseed oil supply disruption?

https://www.theedgemarkets.com/article/malaysias-sept-120-palm-oil-exports-rise-94-%E2%80%94-its

Malaysia's Sept 1-20 palm oil exports rise 9.4% — ITS

the price is volatile according to the up and down of derivatives. if believe in the outlook, just hold until it goes above rm1.

major concern is not whether cpo price can goes up, its Jtiasa management integrity....

Poor weather conditions in US, argentina,
https://www.hppr.org/post/usda-tempers-expectations-record-harvests-af...-0
https://www.agricensus.com/Article/Dryness-slows-start-of-Arg-Corn-pla...

coupled with China buying like crazy due to flood in multiple regions
https://www.agriculture.com/markets/newswire/grains-soybeans-hit-over-...

CPO can rise further, as long Malaysia are not flooded in coming months

https://finance.sina.com.cn/money/future/fmnews/2020-09-18/doc-iivhuipp4981381.shtml

“国内豆油现货价格连续走高，各地基差报价上升150—250元/吨不等，过高基差可能导致走货有一定的迟滞，但是，近期下游买家仍有备货需求，加之豆油可流通的库存并不高，豆油高基差的状态短期或将持续。美豆价格再创新高利好国内豆油价格，国内豆油高基差状态持续，豆油价格或延续强势。鉴于目前豆油已运行至阶段高点，操作上注意高位风险。”谢雯说。


菜油方面，目前国内菜籽压榨量处于较低水平，沿海菜油库存在24万吨，同比下降46%。目前加拿大进口菜油有利润，但鉴于8月出现过进口菜油入关不畅的事件，菜油实质进口量不佳。

waiting to brew to rm1... with reference to dec price....

from HL: Hevea has secured orders until Feb 2021. Additionally, we are encouraged by the fact that Hevea has received interest from US-based companies to supply RTA furniture. Currently, US accounts for >5% of their total RTA sales. While we understand demand for furniture products globally has spiked, Hevea’s ~2,000 labour are already working at full capacity. While Hevea has the factory space to increase RTA productions by 20%, we understand that production is bottlenecked by the availability of foreign labour due to the freezing of hiring foreign labour until year-end.


Don't quite understand how HL put their TP0.48. assuming both new and old plant utilization reach 100%, and with the automation investment over the past years, Hevea should be easilby back up above RM1.20 right? management has said that the MCO has open doors for their eringi business into AEON

Anyone going down to bangi for AGM from Klang Valley? Can I hitch along?

AR seems promising:

One key decision which the group made in FY 2020 was to invest and install new capacities for the future. In total, the Group invested RM 100 million in FY 2020 including plants, machineries, Surface-mount Technology (“SMT”), robotic spray facilities to cater for both EMS and non EMS sector.

Last year, we reported that we had purchased a new factory adjacent to our current Johor Bahru operation plant. In this regard, we have successfully commenced operation in this new factory and we have achieved a vigorous record setting time of 3 months from the handover in May till August when we first started mass production.
We have thus far invested approximately RM 50 million in this set up which houses one of the most advance injectionmoulding facilities coupled with energy savings machineries and full fledge robotic automation. This new factory iscurrently operating at 80% capacities and we are reaping the benefits in terms of high yield efficiency, reduce energy consumption and reduction in manpower usage. This has always been our ethos and I am glad that these strategies have materialised and serve the group well which ultimately help us achieves a higher margins.

On top of these developments, SKP BM Electronics Sdn Bhd (“SKP BM”) which provides PCBA solutions to our clientele have also started its maiden business delivery to our own in-house floor care products.

Notwithstanding this, this new division is also expected to contribute positively to our group revenue and earnings in the coming years. SKP BM are currently working on several new products to cater for our own in-house consumption and one key area of focus is the assembly of battery pack which is targeted to launch in FY 2021. These developments are progressing steadily.

its more likely rentas health is subsidiary or pecca
https://www.jobstreet.com.my/en/companies/444587-pecca-leather/jobs

rentashealth.com is only created in April, so more likely its part of pecca.

The company also supply covid 19 test kit. lets find out who they supply to, if they supply to government. upcoming result should be very good.

https://rentashealth.com/covid-19

its more likely rentas health is subsidiary or pecca
https://www.jobstreet.com.my/en/companies/444587-pecca-leather/jobs

https://www.facebook.com/rentashealth/videos/741515906408327/

looks pretty pro

if you believe the notion story of 12mm/month face mask, and pecca plan to ramp up to 25mm/mo at year end, how much would Pecca TP be?

Notion revenue is 200+mm, pecca is only 100+mm, the revenue from face mask will be more significant for pecca over notion, with other PPE gear being produced, pecca has better potential to secure long term contract with hospitals.

anyone dig into how they impair over 100mm in receivables? management could just set up a unknown company to served as middle person to all their projects, and impair via it, shareholder deserves DETAIL EXPLAINATION!

assumed they really got all the approvals, what is the TP?

N95 mask is a separate category and might requires longer approval, approved vendor are listed under CDC. so have to wait.

Anyone written to pecca management for further clarification?

type their name into the owner

they just got registered on FDA, waiting for reg number issuance. https://www.accessdata.fda.gov/scripts/cdrh/cfdocs/cfRL/rl.cfm

They already have distribution channels for US/EU/JP market, hopefully they can get orders for the PPE fast via these channels

skp got new contract meh.... vs secured few MNC past few years, but what does SKP has?

for VS and SKP, wouldnt be making mask supsupsui?
With so much extra floor space and automation in place, both can jointly become largest mask makers in Malaysia.

they also can JV with other glove makesr to install the production line in their faciity.

Am waiting for Dyson to announce Virus free air filter :p

all counters on KLSE should announce venturing into masks, the machine only cost 1 million, but market cap will double up in one week. so just place orders for those machinese, make announcement, then can go to bank to get loan with the rocketed market cap.

Soon, KLSE will become the most valuable market in SEA.

What's the big deal about Notion being registered under FDA?

https://www.npr.org/sections/health-shots/2020/07/16/890776466/meaningless-fda-certificates-are-used-to-tout-dubious-face-masks

While the FDA requires makers of medical products to register their facilities with the agency so it can keep track of them, it doesn't issue such certificates. Even when the registrations themselves are legitimate, they don't mean a product or a facility has met any kind of regulatory standard.

Shenzhen Newstar Optical Electronic Technology did not respond to requests for comment. FDA records indicate that it is a registered facility with the agency, but it has never been inspected and doesn't hold any medical device clearances from the FDA.

how are you usre that its a1/2 month MCO effect? what if they dont get to bill their customer for the full March, which means only Jan/Feb, they already hit 426mm, if March is a full billing, that would be more than RM600mm revenue.

https://www.marketscreener.com/business-leaders/Jen-Hao-Kuo-0GS1NV-E/biography/

Checked the stock performance of the new major shareholder's company, its looks like another mudajaya though :p

dyson announce shifting HQ to Singapore.

catalyst : USD up, new labour coming in, japan just being hit by severe disaster, more board will be needed to rebuild

sapu more, what ya waiting for

compare to last year, KWAP + EPF has at least increase 50% of holdings. if we want more insights, find someone from either institution to understand. the directors don't commmunicate much in last year agm.

Alex, are you going to upcoming agm?

Is the agreement between Jaks and CPECC, and power purchase agreement ever being published? Just curious what are the terms and conditions.

hows the progress on vietnam ipp?

Their property project ekovest and ekotitiwangsa seems to be missing delivery dateline, anyone calculated how much they have to compensate to buyers?

Anyone attended their AGM? anyone know the detail of the contract with China?

Anyone attended AGM? please share

anyone calculated their philippines revenue and future cash flow?

2018Q4 operating cash flow = FY2017 full year OCF though.

but how come Revenue drops so much....hmmmm, someone called skpres lah
their report disclosure is so little...

what will trigger explode? no new orders announced, is the PCB assembly commenced operation?

will the company bank account get freezed? if yes then how to service all this high loan ?

How can parkson turnaround as more brands heading towards setting up own store with dedicated sales personnel, china side start to integrate experiential space for shoppers.

At the same time, parkson will be whacked by online shopping, shopee just release their quarter earning, you can see how much their sales grow. now its common people compare price with online on the spot, for brand store, they snchronized online price with store price. but how parkson can do that?

see if BURSA shares will be sell down due to this halt

how come didnt see BURSA issue unusual market activity warning on eden, thriven, edu, opcom?

EPF got 270mm shares ... lost more than 100mm in 2 days.

if no one knows what fundamentally wrong, there's noting to worry. or are they run short of foreign labour again?

The MD is fine in answering all question, but you can't access from this since its just a AGM.

You want to see how prudent, email them and see if they reply.

neonode new management stated in latest shareholder conference they will stop focus on airbar and other non core product. The sales are not moving, What kind of impact would this bring to Salutica?

Has Salutica TPMS penetrate the US/EU market distribution channel?

anyone going agm besok from kl? wanna carpool

how much would Salutica be affected if airbar failed? Neonode CEO are being replaced recently

Result is worse compare to 2016Q4, but few good points,

1. Result is better than 2017q3,
2. OCF generates RM44mm current quarter, full year OCF also more than last year.
3. notes states labour shortage issue is resolved.


Forex loss is around rm2.3mm, which affects 20% of result (during 2017.10-2017.12 USD drops around 20 cents vs MYR). if USD maintain at current level till next quarter, they will loss around the same. Hopefully the new plant, eringi cultivation and labour force increased would able to cover this loss substantially

OCF + 70mm, the amount of debt reduce means past 3 months they dont have to pay hefty interest.

Revenue is down, but so is operating cost. does it means they have found a way to manage labour expenses?