Bplant has acquired 11,579 acres of oil palm land from Dutaland in April 2019 plus in 2018 another 4,915 Ha {12,145 acres} of land in the district of Kinabatangan and Labuk & Sugut district { inclusive of a oil palm mill } the 2 acquisition will boost and increase the CPO /PK production of BPlant. Coming qtrs of higher CPO/PK prices certainly generate good income { during this time of the year}

XxxXzz looking at SOP production vs average CPO selling price for last qtr. Profit should be higher ranging betw 90 - 100 Million. Just my own view

Their MTN { 1.2B} was oversubscribed. Forthcoming 2qtr result expected to improved further

Tough and not easy to grab the low lying fruits (whenarmada) ikan bilis like me will take a calculated risk { soft approach} to buy what the. arket trend. It's risky but better to fight against the market favour. Just my own view

The Board decision to split the shares and issued the warrant is to increase the free floats of the Kpower. Big investment funds have a certain criteria for thier long term stocks selection. A bigger free floats plus the company performance will attract more big names to thier share list. Imagine names eg. Temasek Holdings or GSIC

Caveat emptor- many goering counters pump and dump

US hit a new record daily 170,000 covid infections. This pandemic covid outbreak wont go away at least for another 1-2 years. Even with a vaccine not everybody would get the jab

Never moves. NO players goreng this counter zzzz

Expect profit taking after last 3-4 trading uptick. T+2 contra plus people locking in after gloves headwind. just my personal view

Pharma and Dpharm has the distribution logistics & network to distribute the covid vaccine in Malaysia. Coldpressed stores and logistics { special trucks} are needed

Without prejudice - Labour & manpower issues has always plaque planter's in Peninsular Malaysia. in Sabah & Sarawak is less severe. Presence of undocumented migrant workers in both the States {Sabah & Sarawak} has somewhat offset the pressing needs

Indonesia is somewhat different with certain regions facing worker's shortages. Kalimantan Timur has workers related issues compared to Kalimantan Tengah area. Workers preference for certain areas and companies partly contributed to this shortages. Big established planter's do not have this issues only the smaller ones. In addition local workers are very parochial and protective against other migrant groups coming into their areas { Dayaks in Kalimantan}

Good for banking stocks. BNM says no more blanket loan moratorium { citing certain law makers} but only targeted groups

Looks like insider trading

IB will be giving their review & price uptake on Kpower

Windfall tax applies if CPO exceeds $2500 per tonne for Peninsular and $3000 per tonne for Sabah and Sarawak

Pbb never fail those who believed in their value

Sideway trading

Gloves counter consolidating before next move

MAH SING needs to speed up thier production schedule. Timing is everything

WHO says China made vaccine just as effective vs Pzifer

Targeted at least 4.00 by next week

Cpo price trending higher harlen estate direct beneficiaries

Didi7349 - wait and see what CCP have to tell in the FB session

Expect SOP earnings to grow YoY { uptrend of CPO}

WHO will fast track emergency approval the vaccine's for mass usage if there is not any adverse side effects and proven effective { even it's not 100% }

Standard sampling result takes time for regulatory approval { WHO fast track emergency approval} if the vaccine's is effective and not have any adverse side effects { even not 100% effective will be allow}

Gloves fundamental remains unchanged { cited by funds manger and investment houses}

US recorded 131,000 { highest daily infection} yesterday. Worldwide infection hit 52 million

Gloves should rebound today. Follow the big 4 taiko

Gloves are estential part of PPE in medical and general usage under covid or any other outbreak

PBT result { before EBIT and amortisation write down}
Qtr ending 30Sep. - $ 7.582million
Qtr ending 30Jun - $13.539million
Qtr ending 31Mar - $ 34,982million

3qtr cumulative losses - $ 56.103 million

avr CPO up +$900 {+37%} Y-o-Y
Nov 2021 spot 3,400 { as at 10/11}
Nov 2020 spot 2,490 { last year }
Rsawit has huge land bank acreages totalling 92,312 ha bigger than a lot of its peer

Banking stocks was yesterday biggest winner. Pbb jump almost 2.oo

Believed gloves trading will be very volatile. Remember Malaysia is home to the world's biggest glove oriducers. FDI and IB will be looking at our glove stocks

Gloves rebounded after yesterday sell off

Profit taking after yesterday price hike

.Believed China sinopharm get the vaccine out first

Heavy profit taking yesterday

Must be patient with this counter. Wait for coming qtr result

US DJ index jump from 26,925 points on Wed { 4Nov} to close yesterday at 29,420 { 11Nov} after the US elections and Pzifer announcement. A rise of 2,495 points. { +9.26%} matter of 4-5 trading days. What to Gpacket??

November CPO spot prices trading between MYR 3,300 - MYR 3,450 per tonne { highest for the past 4 - 5 years} uptrend will continue to sustain due to La nina weather conditions in South America soy growing region. Both CPO and SBO prices are closely correlated

Sinopharm and Pzifer are both racing to be the first covid vaccine for mass inoculations. Every lab is testing testing round the clock for a antidote

Pzifer and US politics are interlink { announcement made right after Joe wins } this is to ensure US pharmaceutical firms are in the eyes of the public

Next 2 years will still be OK. Demand already lock in.

Afternoon session will see the trend

Both have the core support. Glove for long term. Vaccine for current theme play

Ecoworld board has asked for more time on the merger proposal tabled by UEM group { 2 Jan 2021}

Glove makers will be hit hard with Pfizer vaccine. Expect trading volatility and heavy selling { Gpacket } possibility following suit. Pharmaceutical stocks will buck the trend and spike upwards

Expect trading volatility in Glove producers. Small players will follow the big 4 trend

Expect trading volatility