Pharma { Boustead subsidiary} announcement of bonus issue. Expect both Affin and BPlant higher final dividend payout too

Expect final dividend announcement in early June

Windfall tax on the palm sector is already in existence since the late 80's {not a new tax} it's applicable if the CPO price in Peninsular hits above $2,500 and $3,000 in Sabah & Sarawak. Indonesia imposed a levy system of $55 - 250 { subject to CPO pricing} to subsidise the palm diesel B30 program. It is a fuel subsidy program to reduce Indonesia less dependent O fuel imports { but it also means less CPO is available for the export market. Of late, certain sectors are urging the MOF to impose the windfall tax regime on the glove producers { that's currently in place for the palm producers and IPP power producers} the MPOA {Palm Council association} is now engaging with the government to up the windfall tax ceiling from $2,500 to $3,500 for Peninsular and $3,000 to $4,000 in Sabah & Sarawak respectively. Meaning the tax only applies if CPO touch a higher ceiling price

CPO export tax is only applicable to Producers who ship out { export} their CPO overseas. This tax was originally intented to protect the local refiners. For the record Malaysia export only limited percentage of their domestic production{ CPO} overseas { majority 95% is RBD olein, RBD palm oil and other processed palm oil for the overseas market. Whereas Indonesia is world number 1 exporter and producer of CPO whereas Malaysia is the number one exported of PPO. There is a marker difference between CPO vs RBD olein or processed palm oil. Boustead sells the CPO directly to local refiners. They do not export their CPO directly. FGV, IOI, Sime Darby eg. have the own Tax duty exemptions permits when they ship out their CPO to their own overseas factories.

Strong coming qtr result expected. Average CPO selling price substantially higher { 8 year high}. Imagine if they sell 50% on spot basis. Do your own research and look at their production too
This is not a buy call.
Jan 2021 - $ 3,748
Feb. 3,895
Mar. 4,041
Apr. 4,220
May. 4,700 { physical new high}

Big private placement of 30% {maximum allowed by Bursa revised listing}. Big investor 642 million at 72 sen

Big private placement of 30% at 72 sen {max allowed by Bursa revised listing rules} . Not a small player but a long term investor putting in 642+million into Dnex

Lack of awareness on CPO price vs plantation bottom line {profit contribution} partly contributed to the lethargic retailers level of participation. Remember the CPO price downtrend over the last 3 years another contributing factor. Unlike the glove counters which was heavily promoted { hardly any news coverage by the main stream press or the IBs}

Errata - corn and SBO are now heading their year high record high { with CPO tailing their recoveries}

UP paying a special dividend of 0.50 per share and a final dividend 0.15 per share =0.65 per share {xdate 26 April} much higher than glove producers or the banks. Edge and the star hardly cover any positive on the market development. Keep on harping environment. Please remember all other agricultural producers { e. g. Corn, wheat, rapeseed are not subject to the same scrutiny and NGO critics} this are trade issue raised by the western NGO. Corn and SBO are not heading their 8 year record high prices. Farmers in US are gleeming { and with Biden announcing more pro farmers policy} looks like more legs for this commodity. Whereas in Malaysia { the government of the day at best is warming the Plantation or Agriculture portfolio}

Latest sapura omv joint venture disposing all its interest in well producing oilfields interest in Peninsular offshore for USD 9 million. Chairman { Sharil} sapura omv said to focus instead in sarawak exploration. Is ithis a good move.??? Sapura omv is currently producing 37,000 barrels per day. Its shares in the OMV is around 6,000 barrels

Profit taking after price hike up +30% is normal. Everybody wants to lock in part of their profit

Algae oil is a big Q? even now palm diesel { B30} having issue

DSS Zainal is a reputable man with a solid background. He retired from PetDag group CEO in July 2020 and appointed as DNex group MD. Petronas staff known for their integrity

Need to scale up >above 2.05 first. Previous price high in February

Good info mrfeng

Nano chips need lots of new funding investment. Better stick to existing chips { demand will be sustain and good for the next 3 years}

Without disrespect to any parties. Nobody can predict or fortell the future or the stock movement. Prices can move up or down { look at glove producers} the goreng counters {pump and dump} the chartist, fundamentalist, fund specialist, day traders will all be very happy if they have a magical crystal ball. Loss making counters jump 800 - 1000 times matter of 7-8 months with no projects or negative balance sheet

News announcement Boustead Holding selling a parcel of land along jalan Cochrane to Sunway group for a cash consideration of 233.4 Million

news announcement Boustead holdings { not BPlant } selling a parcel of land along jalan Cochrane to Sunway group for a cash consideration of 233.4million

If not mistaken. Balau & Connemara Estate are all located in and around mukim Broga Semenyih District. Nottingham university { subsidiary of Boustead Group} also at the vicinity

Follow the uptrend never fight against the market. Same applies betting against the house

The huge spike in New cases is a good reason for the PN government is not to reconvene Parliament sittings on 1st August

Director buying {showed their commitment and support} same goes for warrant conversion. You don't convert your warrants and paying the exercise price to flip { its takes between 15-21days for the shares to be credited} this excludes the time u buy and hold the warrants before exercising

DNex is not the goreng { pump and dump} category stocks. Seriously look at their number of warrants conversion { 35 +50=85sen} showed the warrant holders are focus in the company 4long term

Time for MS to ride up the ladder

Yup holding and waiting for the Dividend

DJ up 300 points. Time for BJ rebound

Calvintaneng : agreed BPlant is a deeply undervalue gem and overlook by most investor. Need a big buyer to unlock their value { a dawn raid }takeover on Bplant

3-4 years of mismatch fundings, expectations and mismanagment result Boustead Group from a true blue chip { dividend play } into a penny stock. Well established business modeks means nothing if the CEO or management is not focus. Privatise and see how well true entrepreneurs run Affin Bank, Affin - Hwang, Boustead plantations, Pharmaniaga, BHP petrol, UAC cement, Mytown & Mutiara shopping mall, South Port, port klang tank installation, BHIC not forgetting huge Property land banks

Cpo breach $4,270 per tonne record but plantation counter { prices} still lethargic & struggling to gain momentum

My apology. TSMC plan to invest USD 100 billion over the next 3 years to grow its capacity. TSMC is Taiwan biggest chip producer & contract maker in the world

Mr pang72. shared your same feel. Chips production have a high initial start up cost. Look at TSMC to invest 100 Billion to grow capacity { Read that again 100 billion}

Better open online either thru Maybank or cimb

Keep cool. Some people play contra or day trade, some play short term, others into long term investing. Everybody have their own style. Just shared what u have or hear about DNex.

We have 2 or 3 of the World cutting edge industries currently. In the past was the tin and rubber sector. In the 70's-80's was the electronic & crude oil industries. 90's - early 2000 was the golden crop and later morphine into the palm downstream industries. Prior to the pandemic outbreak we have Musang King mania. Gloves was the darling stock last year. Very few people is aware or realized Malaysia is home to one of the few smart chip manufactoring plant here. SILTERRA is supplying & exporting their chips in the world market. All you need is a entrepreneur to drive the company forward

This is not a buy call { just a wide guess} DNex acquisition of silltera factory with their Chinese fund may indicate a possibility of floating silltera chip factory on the HK or China bourse. Chip shortages have hit the automobiles, home appliances and the smart phones real hard. Floating of Silterra business on the HK or China exchange will be a win win situation for Khazanah, DNex and their Chinese funds. Don't you think so???

Horse trading is the new norm

Didn't expect TG to drop below 5 { strong result and good dividend}

China, HK, Taiwan market closed for Ching Min. Don't expect active funds participation this 2 - 3 days

Gtrade - alot of retail buyers was conned by false promises and grandeur promises. What started off as real telco player finally degenerated into Jack of all trades { after selling the company telco
} JV with China partners turn sour, hi tech technology park turned into a non starter when the park was park under owner own business venture, the hip up kippieplay app turned out as a run of the mill app, the much touted KYC GP app { instead plenty KYC is available in the local market.} the so called miss silltera acquistion was another big grandieous scheme, digital Bank licence application is still pending despite GP floating the idea since last year. Now is the 5G play.???

Without disrespect to any parties. Smaller glove makers still have they own niche market { but the bottom line is their board care for their minorities } TG may not be the best of the best but having said that their boss did try to support the share prices by splitting the shares they bonus and paying generous dividends. Rubberex make record profit but never paid out a single sen dividend. Big boss disposed his shares but never buy back { even price drop to 1.00 - 1.05}

Nicholas 99: yes limit up for DNex but for GPacket { opportunities lost and always unfulfilled promises } read that again

This put a stop to all the spanners claiming the government would make a u turn on the Dnex-siltera sale. The sale was approved by the Khazanah board members inclusive of the PM himself{ Muhyiddin, Azmin & Zafrul} Syed Zainal was hand pick to head DNex. Cheers for the announcement

US very biased against Asian enterprise. Look at palm oil now gloves { totally unjustified { more on trade issue } China huawei is a prime example

Market bad. Ci down 30 points

Market bad. Ci down 30 points

Overall sentiment is bad. Ci down 30 points

Overall market local sentiment hit by political uncertainty after the umno AGM. PM today held closed door meeting with the Umno minister} nothing have changed except Umno will continue their support until the coming next GE15 { due in year 2023} or Parliament is dissolved. Parliament is now not in session after the covid emergency proclamation { or after August when Parliament is reconvene}

Try to look for the latest presentation? ?? Not the old one { in Dec 20} pls shared the link