FGV records highest positive financial performance in 5 yrs

https://www.thestar.com.my/business/business-news/2021/02/26/fgv-records-highest-positive-financial-performance-in-5-yrs

TSH Resources 4Q profit jumps 77% on higher palm oil prices

https://www.theedgemarkets.com/article/tsh-resources-4q-profit-jumps-77-higher-palm-oil-prices

No recent selling by bosses also. Let's c la. I still have my hopes. Before Q3 release also same pattern was up and down also.

Dear chuatuanboo, the point is, the good financial result in Q3 (EPS 2.54sen) happened WITH losses before tax (LBT) of RM0.8m under Kitchen Products. WITH! a LBT under kitchen products. Meaning after counting in the LBT, EPS was still good at 2.54sen (LBT counted in!) in Q3. I still hold on to my expectation of a similar EPS for Q4. Anyways, lets just wait for the QR. Cheers.

Dear Chuatuanboo, Q3 2020 reported losses under Manufacturing And Trading of Kitchen Products. Please re-view.

You are trying to exclude earnings from the segment??? How? Its red already. The profit after tax is contributed by Palm Oil Mill and Renewable Energy alone in Q3 2020 which I expect to continue and we hope that Kitchen Product Segment turn green or cut loss in Q4 2020.

How did you get EPS 1.4sen per quarter? Please explain. Thank you. Hmm..

I am expecting a good Quarterly Report (QR) (expected to release in Feb) for CAMRES.

Manufacturing and trading of kitchen products: Might get slight boost as we are slowly moving away from the grip of COVID-19 with the help of vaccines. Electric Appliances Manufacturers / Traders i.e. KHIND, PENSONI saw a huge jump in sales volume and profit margin in the past few quarters due to backlog demand from the start of the pandemic. We may expect some similar effect for kitchenware in next few QRs.

Palm Oil Mill operation seems profitable with CPO price hitting highs and staying up there until today. We can expect good earnings from the segment as proven in previous QR [all time highest revenue and profit after tax (PAT)].

Renewable Energy plant are up and running at full capacity and will continue to generate high margin profit for the company.

Optimistic Scenario:

EPS for last quarter = MYR0.0254
Annualized EPS = MYR0.0254 x 4 = MYR0.1016
Price / Earning Ratio (PE) = MYR0.395 / MYR0.1016 = 3.88x (Very Attractive)

Calculated based on 8/2/2021 closing price at RM0.395.

Please feel free to give your opinion on this.

papayashot, thanks for the information. If I get the chance I will pay a visit to the Port Dickson (PD) Waste-To-Energy (WTE) plant. Found this link online:

https://themalaysianreserve.com/2020/09/23/another-due-date-for-countrys-1st-wte-plant/

Based on this article, what I understand is this plant is the first WTE in Malaysia and not easy to construct and need many experts from overseas to come over to test and so on before plant can commence operation and this is very much delayed by the pandemic, MCO and travel restrictions among countries. My comfort lies on the eagerness and support of Malaysian government (ministry) whom are planning to build 5 WTE plant by 2025. I don't sense a "call-off" of the project yet, based on all these information la. A delay, maybe..

The vaccine is being deployed (shots given to civilians) at a pretty fast rate in many foreign countries and we hope Malaysia also will soon have many civilians immunized to the virus. The worldwide new cases per day graph is showing pretty significant decline indicates the effectiveness of the vaccines. As a shareholder, I hope the best for Cypark and yet to feel that the company is in any significant risk. (This is based on my own view. I maybe wrong.) Feel completely free to give comments.

papayashot, think long term bro/sis. Even before the commencement of two new plants, P&L are well in green after deducting interest paid. You taking into account paying back the principal? Aren't the company now own the plant when we pay back principal? It DOES create value. Think long and not short. Cheers.

star168, this is because they are very different companies in nature. However, people are yet to count in Cypark's future potential earnings which is opening of two new renewable energy plants in Jun 2021 and Jan 2022. Just sit tight, everything will be fine.

Oh, people are also scared of the huge debts and high D/E ratio which scare template/ratio based investors. However, the right way to look at it is, the debts are well amortized and structured. Plus, such profitable business with good profit margin and good future will easily get financing from banks.

We should be happy that they are geared (taking debts) rather than issuing more shares. As you all know, issuing more shares means when the earnings drop we get lesser chuck of the cake later on. Just my two cents. Debates are welcomed. Cheers.

genfinder, what you said is true, however, think about this, do you want to own a undervalued business which might still make you cash for next 10 years or buying a startup / young company at a hefty premium which is competing with many other and has a potential of not getting the expected market share that the premium costed you.

I am sure growth investing is great but it all come to VALUE investing. How much risk? What price you pay? There is many way to look at this. Just my two cents. Cheers.

When this counter pick up. It will be fast and hard to catch.

Got one director on selling spree. Once he stop and once next QR drop.. haha.. wait and see.

Dear KLCI King, look at the quality of the revenue. Low cost revenue means high profit margin. At the end, all that matter is profit. Let me list down the strengths of AppAsia.

1. E- Confirm will give AppAsia a decent "non-costly and recurring" income stream and improve their profit margin.
2. Collaboration with TM shows the other tie ups with big names to potentially earn big bucks.
3. Profit margin been increasing.
4. AppAsia has various products ( refer to https://www.appasia.com ) and revenue streams and all of it has amazing prospect in future (digitalization).
5. Done right, online platforms can be very cost effective, except for initial development and launching.
6. Low/no debt.

The bottom-line is digitization is our future and AppAsia has all the potential to tap all postal dealings via creating creative and relevant digital platforms. Not to forget they are also focused on gathering talents to become THE HUB for mobile apps in the region (one of their revenue stream is developing apps for businesses, games, etc).

Imagine the long term value of this company. Hold tight or by all means sell to me. Good LUCK for you at other counters.