Tesla cars are imported Cbu not assembled locally

LCTITAN
1Q FY 23 loss of - MYR232 million
4Q FY 22 loss of - MYR326 million
3Q FY 22 loss of - MYR356 million
2Q FY 22 loss of - MYR 274 million
Coming 2Q result expect loss betw
MYR 250 million amid weakened demand & high inventories. Not a buy or sell call {Please do your research before you buy or sell}

Without prejudice. Generally Esos shares scheme is granted to eligible employees and directors in as an additional incentive pay compensation { apart from the standard normal bonuses and salaries.} If the scheme is tied on a time scale period e. g. period of 5 years. Every year he or she can exercise 20% of the entitlement. 1st year 20%, follow by another 20% the second year etc

SC need to stop this. Market price 88 sen. 8 million shares set at 45 sen Esos. Everybody, staff subscribers & directors laughing to the bank. Every year additional new Esos scheme will only benefit certain parties. Just like printing machine {Atm} Minorities can only keep their fingers crossed and pray.

Without respect to any parties. TEH Family stake in PBB and other related companies are wire round in a trust account. Family members have limited holdings to circumvent the so called limitation holdings imposed by BNM. Individual or congolemerate eyeing PBB stake have limited access to Teh family holdings. Teh Hong Piau is a man with foresight and have the best adviser he can signed on. Day to days running is tied with the Management { with the Board having an eye on their performance }. It's not far fetch but Teh has built up a solid PB foundation thru hard work and integrity. Deep rooted Teh influence is ingrained in PBB work culture. There won't be too much changes in the coming years unless the present Board & Management composition is changed drastically. Teh right hand man Tay Ah Lak is still helming the ship. PBB is still solid based on current scenario

From a financial viewpoint. All upstream plantation companies relies heavily betw 90%-100 %, on the CPO market pricing. Cost of the fertilizer depends whether you are using compound, mixed or straight fertilizer. Price of imported compound fertilizers are much higher vs straight fertilizers. Small holders are known to skip their fertilizer's application when the prices are expensive or they used cheaper substitute products. Labour cost is the biggest cost for any plantation followed by field replanting costs. Fertilizer make up around 20% - 25% of their fixed costs. Other planter's are welcome to give thier feedbacks

Dormant and sideway after initial IPO euphoria. Lifeless and out of the blue play up 2-3 days {56 - 62 price range.} Now drifted back to 55 - 56 price level. Initial IPO price at 26 sen.

LC titan have entered into a 12 year term loan of USD 2.4 billion facility to fund the Indonesia Line project. With the USD FED rates ballooned up from 1% to current 5% and the USD exchange rate sky rocketing from 3.9 MYR to current 4.6.MYR The cost have blown up from 9.36 MYR billion to 11.04 billion MYR. It's worrying and bad for any borrowing's denominated in USD. You get hit by the exchange rate and the interest rate respectively. If the FED { Jerome Powell} continues their so called hawkish stand on inflation. Please remember do your own research before you buy or sell.

Without disrespect to any sifu. Just my own view{s} on Peter Lim. He invested in Wilmar in the early days and he cash out of Wilmar when a golden opportunity { arise after Wilmar grew in size, areages & capacity and attracted financial interests. Peter Lim is not a green horn. He was a successful and well connected stock broker & in Indonesia, Singapore & Malaysia. Wilmar trading was started by Kuok Khoon Hong and Martua Sitorus in West Sumatra Estate called PT Agra Masang Perkasa. The Co founder of Wilmar was a former client of Peter Lim and later became his close friend. Peter Lim had in one of his interview says one must able to seize the opportunity and able to get help from the people he know.



and attracted interest after the Asian Financial crisis }

During volatility times large big cap stock is a safe bet

2.5billion USD denominated loan is bad decision. US rate is at 5%p.a. and appreciating in value vs our MYR and the Indonesia rupiah. Zero rated Japanese YEN loan is sensible but not the USD. They are betting against USD and interest rates

SVB is a california based bank that takes in deposit and loan out to new tech start up. They are not a national based bank. The last count in SEPT 2022 {number of banks in the US insured with FDIC totalling 4,517} Yes. 4,517 number of Banks operating in the US. In Malaysia we only have 9 anchor banking groups. The big 3 is Maybank, Public Bank, CIMB. Illogical to use PBB vs SVB

SVB and Signature- the past 2/ 3 day short seller's sitting on a paper gains of app. USD 2-3billion. unfortunately with trading halted after the FDIC seizure. And with the worst is over. Expect massive short covering when trading is resume. Nobody wants to missed out their profit

Many thanks to the people who have read my posts. Not a sifu neither an expert but just sharing my own view on whatever we come across on this platform. It's our best interest and advisable not to hold too many counters. Your holdings if possible split it into trading account, dividend yield and growth stocks. Stock selection should focus or based on what you know best. Too many counters may cloub your judgements when you decide to trim your position { during a down turn} RIDE with the bull during boom times and be cautious whenever uncertainties hit the market. Think long term what will happen if the problem persist or will the sentiment turn. Most important set your own trading target. Most investment guru tell us always ride your profit but cut your losses. Whatever target you set really depends on your risk appetites. Some anaylst tell us better cut your losses if {the counter drops more than 25%} there must be a reason why a particular counter surge or drop. Mr Market knows best. Happy trading and best wishes & greetings to everyone who is reading this post

To be fair everybody is entitled to his or her own ideas. What to buy or what to hold. The risk is all yours. Even investment analyst tracking the sector can be wrong. Look at the gloves sector. At the height of the pandemic majority of analyst {s} calling a buy on the gloves sector. Same goes for the palm oil
& agricultural sector when CPO hit their historical height of $7,800 per tonne. Look at SBO {which palm oil tracks} has fallen from their high of 70 cents per lb to current 56 cents. Do your own research before you buy or invest

The collapsed of US based SVB and Signature Bank is indirectly caused by Jerome Powell aggressively reckless hiked in the interest rates . From a near zero base it's now currently near at 4.75%.some Analyst are targeting the rates to peak at 5.50% sometime this year. SVB and Signature Bank have invested a large part of the cash long term deposit reserve on the US Dollar denominated treasuries notes. The collapsed of the long term US treasury notes vs the Fed rising rates hike { has caused a write down on both US banks} More importantly both the 2 US based banks loans to their customers are pegged at fixed rates and not floating rates. When Analysts covering the banking sector telling the clients to withdraw, liquidate. or reduce their holdings in the 2 banks { caused by the write downs on the treasuries notes} SVB and Signature banks so not have sufficient cash to paid their depositors {triggering a run on deposits}

He TDM is an old fox who turn, twisted and rave about everything and anywhere to his own vested interest. He lost his Langkawi seat election deposit { and blame the people not appreciate his development in Langkawi} As a politician. He TDM need to understand the people has the right to expect and see development and progress in their own constitutency backyard. TDM his not using his own money. Its government funding

Just a short note for those who are too young to remember the Malaysia banking consolidation into 9 major banking consortium. Smaller & profitable and well run banks was merged with their bigger peers. Not of choice but as directed under Malaysia BNM consolidation exercise. Southern Bank & Ban Hin Lee Bank { Penang regional banks } merged under Cimb banking group. Phileo Allied Bank { another young start up but innovative small bank} was merged under the Gigantic Maybank consortium} Pacific Bank a related associate of OCBC Ltd Singapore was too merged with the Maybank group. Going back into the past. Renowned locals financial institution eg. Kwong Yik Bank was merged under the RHB group. Wah Tat Bank, Sarawak went to HLB group. Not forgetting Lee Wah Bank and Overseas Union Bank become part of the UOB group. All this family owned local banks have not become history

Tsh share holders base is quite fragmented. Kevin Tan holds around 25% & his brother another 5%. EPF used to hold above 5% but of late due to dispose now below 5%.other institutional holds around less than 2%.which indirectly means the rest betw 60% - 63% is held by minorities shareholders. Total Nosh is app 1.4 billion in circulation. Work out the maths. not an easy task with a majority of 60 % outside your the owner's hands. This is one of the many reason why by at large their dividends pay out ratio is low. Even with the Land sale in Indonesia no special dividend was announced for the minorities. Just my personal view & sharing looking at their Financial numbers.

Without disrespect to any stock guru or sifu. Land registration and ownership in Indonesia is a very complicated, complex and costly affairs for foreigner's owned companies or even locals. Technically all the forest lands, reserve or plantations usage are divided and admin under the BPN. Land usage is split under HGU, HP, HM, HS, HGB, HMT plus local customary ownership overriding rights. Estate development need to set aside 20% of the land to Plasma settlers for development {akin to our Felda scheme} All lands technically belongs to the state. Lease is for 33 years which can be extended by the State for another 30 years. HGU { Hak Guna Usahs} is the most common form of ownership. Rights to exploit for commercial rural agriculture development. Forest reserve lands development are restricted and palm oil cultivaction are not allowed. Only certain categories of agriculture are allowed eg. rubber , cocoa and coconut. HS { Hak Sewa} is basically land under lease. Sounds complicated yes. A very complex and complicated system where on or off new admin laws are either revised or amended to protect local interest

Ekovest used to be a growth construction stock engaging in civil engineering but over the years with diversion into potpourri of unrelated business. Ekovest has turned into a holding companies holding shares in the Food & beverages , Plantation, Tolls, mega property projects, Malls, Durian farms and others. Lim is the founder and also MD for the gigantic Iskander waterfront holdings.

associating with Hadi and Muhyiddin is a big big win for Gerakan. Please contest all the available seats in Penang, Kedah, Selangor, Negeri Sembilan. Dont forget to bring along Dr M and his son too. Dominic Maybe you can become the CM of Penang.

MOF have not issued any circulars, statement or clarifications on the list of items proposed or cover under the taxable" luxury tax ` that was announced by PM Anwar. Just wait for the official announcement on the items and the quantum rate applicable. Nobody knows what exactly MOF is thinking . Is a one million bungalow or a semi detached unit consider as luxury ? Your guess is good as mine

Without prejudice. Cpo stocks & plantation failed to rally up or sustain when CPO prices hit their peak between $7,500 - 8,000 per tonne at the height of Ukraine - Russia conflict, oil grains embargo at the Black Sea and Indonesia abrupt decision to ban their export. Although prices have currently stablised betw $3,800 - 4,200 per tonne. Most local planter's believed with the arrival of foreign workers { production will hit their peak season between July - September period. } planter's will still be profitable but far less than what they have previously earned or recorded. Dividends payout ratio will normalised in the coming quarters. Unless you are a super bull don't expect any abnormal or super bull run. It's all boils down to the individual companies. How efficient is their operations, cost per hectare, how generous is their own board to minorities {dividend pay out ratio }. Some planter's are really "kedekut" in their dividend. Not a sell or buy call. Just my own personal view

Calvin is a Plantation bull for a long long time. Just do your homework before you buy or sell. Look at market overall sentiment { not forgetting the individual particular stock own valuations}

Holding up at 1.07 - 1.08 keep for dividend

Today drop like a rock. price at the low of 67 sen

Without the actual numerical details of the accounts. hard to digest or breakdown their figure(s) if any write back or revaluations { to reconcile any differences between the 4qtr result vs Y-o-Y figs. 4qtr revenue slips from 25 million to 18 million {Q-o-Q}. Whereas Y-o-Y revenue increased from 75 million to 91 million. Basic earnings per share {Q-o-Q} lower at 0.27 vs 0.31. Whereas {Y-o-Y} 1.04 vs 0.39. Nevertheless this is just an unaudited result announcement.

Bplant announcement of 3.3 sen dividend pay out in March. {XD}

US market jitters. Asian Market open lower

Good for you. Sold all yesterday. If the price fall again today. Pressure by unfavourable market trend. ESCERAM may test a new low of below 17

If it's a downtrend stock counter best to stay aside or sideline never try to fight the market forces . The market knows best

Be wary of false hope, promises or expectations. There is a reason for the drop in prices. Statistics don't lie

Myself is not a trained chemical engineer but basically. PChem and LCT are trading in a different market segment. PChem apart from Olefins manufacturing. A big chunk of PChem revenue comes from or generate from chemicals used in acrylic ink acids, dyes, gas solvents, personal care products, fertilisers manufactoring and methanol related chemicals eg resins and ammonia. Whereas LCT specialised only in Polyolefins and PP or polypropylene eg TBA, benzene and toluene used by plastic fabricators.

In 2021 Park Hyun Chul replaced Lee Dong Woo as CEO of LCT. The planned Indonesia line expansion project costing RM 18 billion { completion date year 2025 } the project need a long gestation period and any positive impact need to relied or hinges on the economic cycle conditions over the next few years. How much profit can be generated from this gigantic RM18 billion expansion? It's going to be a long term positive or definety short term uncertainty but earnings contribution in the short term will be mixed

Is there better options or more attractive play. You need to decide. 2 or 3 years holding is for serious investor

LC management guidance not too optimistic and expect anothrr challenging year ahead. INDONESIA line expansion project expected only to complete in 2025. What's worrying is the bleeding on their balanced sheet. From operating loss, currency exchange losses and more critical is their continuous cost of inventory write down { on margin compression}. Revenue declined by another - 23% { lower volume and lower selling price} posted a nett loss of 317 million { 4th Qtr} vs a loss 335 million { 3rd Qtr}

Eddie Ong has a big war chest stand by for corporate take over or acquisition

Active new launches, capexp under Mah Sing group, low capital gearing & profitable but the biggest question. Why price still stuck at this price range { 56 - 60} aren't any IB covering or acquiring Mah Sing shares

Without disrespect to any parties. TG needs more a longer time frame to tide over the current slum in glove prices. TG minorities are in a bind either to average down or hang on to their losses. Eveyone has thier own risk appetite and share investment attitude. Going by various analyst coverage on the sector. General consensus is glove sector may see gradual recovery starting either in 3qtr or 4 qtr next year. The risk vs reward ratio is at what price we are holding.

Bad closing. Open High but close low

Glove makers caught in a vicious market turbulence is in a no win situation. Without prejudice to any parties. Glove producers whether in Malaysia, China or elsewhere are in a dilemma. Those started their glove business at the height of epidemic are now exiting the glove industry and dumping their existing stock below costs at incredible low prices hurting unintentionally those still in the business. TG is the world biggest manufacturer hurt by rising costs, low demand and facing ridiculous low selling prices. Chinese glove makers to as low as US 14 per 1,000 pieces vs US 80-90 at the height of the epidemic. Same goes for the shareholders holding TG. Not a sell call but dissapointed that we { small holders} too are caught in such a situation. Tan Sri Lim express hope that TG can ride out current doldrum and return to profitability by end of next FY.

Morning opening...a block of Hektar shares bot by IB trade house at opening bell. Good positive indicator signals

Ride with the momentum. Small fry just follow the tide. Nothing more nothing less.

Yes. Totally disappointed that some ignorant Malaysian are still echoing and buying the western funded NGO scandalous accusation without looking at basic and rudimentary facts and figures. Corn oil, SBO oil, canola oil, sunflower oil and other soft oils vs palm oil cooking oil. Palm oil wins hand down vs all the other competing oil in terms of pricing, demand, productivity and the ability to feed the world growing population as well as a feedstock for fuel. The recent Ukraine crisis has shown there is no substitute for palm oil. Without going into trade tariffs and taxes. a bottle of 3 litre canola oil cost RM 45-RM 50 vs a 5 litre of Palm oil that sells below RM 30. Palm oil has overtaken SBO in the last 20 odd years as the most consumed edible oil in the world. Do I need to say more?

take over of { PK Sarawak } by Hektar makes Eddie Ong a key player in the state for fertiliser & chemical manufacturer. Sarawak planter's is a big market with State owned firms having a heavy presence

DJ close up +737 points. Our KLSE is still struggling. Up +2 points

DJ up +737 points. Our KLSE is still struggling up +2points

Eddie Ong resigned from Hektar Global Board as Ed. He still control the company. HEKIND started by his father { previously SCH} Eddie Ong engineer the take over of Halex and PK { sarawak} under Hekind

Between Year 2014 to 2018 the average CP0 price was trading at around $2000 - 2600 per tonne. The lowest was betw $1,800 - 1,900 per tonne during the slump in soft oil & crude oil prices. Slowly CPO and other soft oils gradually recover from their low in 2nd half of 2019 to 2022 { present day } from $2,600 - 3600 per tonne. The unprecented high CPO price {$7,500 per tonne} in March this year was at the height of Ukraine conflict { not forgetting the sudden imposition of a export ban by Jokowai } We must not forget and remember that CPO is influence and affected by other soft oils & crude oil movements. Our windfall tax levy kicks in once CPO prices breach past the $ 3.000 per tonne for Peninsular and $3,500 for East Malaysian states. Historically, most planter's view $3,600 - 4,000 per tonne price range is positive and very favourable. Currently CPO is now trading at $4,000 per tonne. Not a buy call but just my own personal view