guess the escalating electricity price is affecting EWINT share price.

The more China tightens regulation, the better for EWINT, HNW individuals flooding to UK and AUS.

why the new director Sundra Moorthi keeps buying?

I support LGE to cancel those project that doesnt bring in any money to the nation, instead it just enrich the China contractors and bankers.

You are just looking at the stock market counters instead of overall economy.

We dont need to build this and that as the infra is sufficient to sustain future growth, instead of throwing money to build tracks and buildings, its btter to offer as R&D grant for local manufactures to move up value chain so that can hire more locals rather than foreign workers

the management doesnt seems to reply shareholder email...wtf.
Calvin , I believe you hold quit significant, can ask them if they already close the futures position during last month down turn?

its hard to say will be rewarded soon, depending if their management is doing the right thing and honest to share holders. I rate their management super low.

its a shame on those on condemn share price drop below other's buy call.
What calvin preaches is fundamentally intact, he cant control what the management do, when MCO will be lifted, or forecasting on weather.

you guys are in the wrong forum, you should be at tokong praying to god for buying tips and TP.

If you guys are here to purely express hatred to another member, its better off spending time focus on what you want to buy.

unless you have a foresight on what's going to be fundamentally wrong with the Jtiasa. what you share will be appreciated.

Timeframe for the said appointment
The Board is targeting to appoint the new auditors by end July 2021. In conjunction,
the Company will make an immediate announcement to this effect immediately upon
the finalisation of appointment of the new auditors.

Why EY appointment took so long? and the word used is 'targeting'
I think EY will want to dig through and validate first before taking up the case. If the findings is same as KPMG, will or can the board accept it?

https://www.agriculture.com/news/crops/bumper-us-corn-and-soybean-harvests-are-within-reach

Drought is a threat to corn and soybeans in the upper Midwest. Three-fourths of Iowa, which is No. 1 in corn and No. 2 in soybeans, is in “moderate” or “severe” drought at present. Weather in July and August is key to crop yields.

“It’s becoming more likely that weather might be just good enough for corn and soybeans to produce about an average crop,” said Ray Grabowski of Progressive Ag Marketing.

July is forecast to be hotter than usual in most of the Midwest, as well as the West, New England, and the mid-Atlantic states, said the National Weather Service in a 30-day forecast issued on Wednesday. Rainfall during July was forecast to be below normal in the Pacific Northwest, the northern Plains, Minnesota, and most of Iowa and Wisconsin.

The USDA says the margin of error for its estimates of corn plantings is 1.8% and 3% for soybeans. The Acreage report tends to overstate corn plantings and underplay soybean acreage.

Also on Wednesday, the USDA’s quarterly Grain Stocks report said, as expected, that less corn, soybeans and wheat was being held in U.S. grain bins than on June 1 a year ago. The soybean stockpile fell 44%, and wheat and corn stockpiles were down 18% each.

if EY is to accept, how much shares of Serba could they loaded up as of now?

I updated the post on Flag #1, the street numbering of the Liwa investment does tally with what its actually stated on Google Map, just the street name is misleading.

maybe different age, or family member .

ipohwhitecoffee Efire is in Marina Plaza, its a different building. FDSS address on google does mark as alulu street, which means maybe Abu Dhabi does has a different address system.

The findings is just personal red flags, its doesn't point to non-existance.

If anyone strip off this projects, and value rest of SD project based in Malaysia over their financials to see how much it's worth, please share.

Its not consider as insider trading unless the information is diclosed by the board of SD to EPF.

What surprise me is EPF doesn't seems to be making any announcement regarding their findings. As a major shreholder, wouldnt it be normal to investigate further?

As a GLC, they could call UAE contacts , call zonecorp or even fly someone over to verify further.

If everything is genuine, EPF would have come out to publish their findings, instead they just sell down, which is a worrying sign.

Its weird Serba can raise so much debt to fund its crazy capex, compare to its low operating cash flow which seems insignificant. what's their story previously?

Operating Cash Flow +68mm

dividend income from JV +299mm //wow wow wow//

total debt from 1.28b last qtr down to 844mm this qtr //means lest interest to pay//

5 sen special dividend //wow, hope this will trigger EPF on board//

Current qtr revenue mainly from Aus. So hopefully UK revenue kicking in coming qtrs.
rescissions in Aus, hope this recovers too.

we shall see
https://www.agriculture.com/news/crops/arid-weather-trims-corn-and-soybean-outlook

Can shareholder sue Serba Directors for "suing KPMG on resulting drop in share price" which leads to further share price drop?

@SincereStock
https://www.theedgemarkets.com/article/frankly-speaking-new-independent-directors-serba-dinamik-raises-eyebrows

@SincereStock also no comment though youtube.com/watch?v=kXjTSgNo5jI

sue KPMG? sue your auditor? does it discourage auditors to raise any concerns, issues or red flags?

Just because the market react and dump their shares hence the board want to sue kpmg? Why not take the company private if the founder claimed such strong fundamental and the valuation now is unfair?

Since Dato Karim seems to have access to middle east, why not just join hands with funds and tycoons to take the company private?

The new chairman claimed he knows a lot, the company has international businesses, what's the possibility a new chairman able to look into all the operations and financials in a short span which is way beyond KPMG auditors?

And WHY do they turn off comment on youtube live?

How do they calculate the fair value loss of futures contract?
even though 14mm is recorded realized, How come its being added back to cash flow statement?

Do they sell call contract?

Is there a way to demand management to disclose the contracts of futures trade? want to know if its genuine of trying to steal profits from shareholders.

Calvin, can you share about Jtiasa timber business? and past few years they have huge write down on that segment, give me a feeling it had been scaling down in production capacity.

where's micky hahahahahahahaha ?

the share price almost has to 2x for the warrant to make sense...
and dont forget, dividend payout will make the warrant more premium.

lumber is all time high, wonder if it put pressure on rubberwood

Do you track their production cycle? Their harvest cycle low is around feb March, high around sep. also when you compare between company , check if they are buying ffb from others to process.

Anyway, many estates are facing labor shortage. If you want to grill jtiasa, ask their management where they park the gold mine of stingless bee honey business, is it in their own pocket... the breeding ground is their forest asset though

fully exited and miss the ride.....only can sit aside to watch

RISK8888, we share the same appetite.

it been6 consecutive months on CPO production decline, hopefully the March qtr could see a very very strong rebound just like last year. *_*

Drop is good, can collect more and sit back to wait for split and new orderbook announcement.

So what's moving forward on the logging industry? I thought the Swk government is working in hand companies to UNLOCK their land value...kekeke

Q3 result is could be lower if Feb/March production drops though, coulpe with government tax. i

But FY21 Free Cash Flow already reach 100MM with just 2 quarters. if palm oil price sustained till the peak harvest season, it should be able to reach above 150-170MM. with the current market cap of 650mm, thats 25% return of FCF over market cap.

Guess have to wait two more quarters... sigh

Sungai Gadut Industrial Park, KM11 , that's heveapac on the map.
Hopefully its minimal impact since furniture factory orderbook are all loaded up till year end.

While South America recovers, US soy state seems to be in drought
https://experience.arcgis.com/experience/5dceec104a384df094e65af12a274959/

I think we can wait for Jtiasa CPO harvest to recover afte March, and CPO price to maintained.

https://www.agriculture.com/markets/newswire/update-1-brazils-agriculture-minister-confirms-big-grain-crop-expectations

Brazil’s 2020/2021 soybean harvest had reached 1.9% of the cultivated area through Jan. 28, the slowest pace for this time in the season in 10 years.

Its second-corn crop, which is planted after soybeans are harvested, makes up the bulk of Brazil’s corn production. But because of delays affecting the soy crop, planting of second corn may have to be done outside the ideal window, potentially affecting yields. (Reporting by Ana Mano. Editing by David Goodman and Jason Neely.)

However, Patria AgroNegocios estimates that as of Feb. 12, the soybean harvest is nowhere near complete in Brazil. Producers are working hard in Mato Grosso, where 22% of the crop has been harvested, but less than 10% has been harvested across the rest of the main growing regions. This puts the total soybean estimate for the entirety of Brazil at just 8.7%, well-behind the average of 24.6% for this time of year.

https://www.dtnpf.com/agriculture/web/ag/blogs/south-america-calling/blog-post/2021/02/18/delays-mato-grosso

anyone knows how to analyze jtiasa log business?

they already get over 50%. just wait and see how much revenue Indonesia plant gonna bring.

RUPIAH is going strong right?

Jan is not a good month for harvesting log, its full of rain.But Feb looks promising, and looking at the record high log price, its a good sign.

Anyone research into their timber business?

There's rain in South America soy planting areas, so likely will put pressure on soy price, hence cpo price.

congrats, further automotive tax exemption.

when will their log and wood business turns black?

vaccine arrival here doesn't means vaccine arrives in all other countries.
How many % of people will go to take the non-mandatory jab with such short clinical trial?
How many % of passengers are willing to fork out the money to pay for quarantines for travelling?
How many quarters AAX would able to survives before full vaccine roll out?

View A: suppliers/creditors wont let AAX get bankrupt, as many of them would eventually get bankrupt if AAX get bankrupt.

View B: foreign capital will come to deal with creditors to onslaught AAX, and eventually take over AAX at a bargain. Who wouldn’t have appetite for those developed routes.

What do you think?

why would they want to offer this when they can buy quitely on market? my guess is they just want to pull a break on the running share price. but after this, the price can continue its momentum.