Does FPI involve or produce audio recognition technology apart from its speaker sound system?

Just to add that the fine payment of RM157 million is still manageable to LHI considering its circa RM1 billion of operating cashflow generation annually, which is more than sufficient to service its debt payment & dividend payout of 4 cents per share .. And in spite of this negative hit, LHI is still a compelling counter to hold for its superior dividend yield of >6% with further capital upside on its eventual earnings recovery from Vietnam and Indonesia market .. Thank you and God Bless :)

https://www.thestar.com.my/news/nation/2023/12/22/five-companies-fined-rm415mil-for-fixing-chicken-feed-price

MyCC has upheld its earlier verdict and fine of RM157 million on LHI's participation on a cartel group's fixing of chicken feed price which is in violation to the country's anti-competition law provision despite LHI's strong rebuttal against the charges .. The total fine amount of RM157 million is rather substantial as it accounted for ~50% of its total earnings in 2023, and has yet to be booked in its 2023 financials .. This is a grossly negative as it will certainly affect its ability to declare a higher dividend payout to the shareholders but management had earlier indicated in its recent QR of its intention to challenge the verdict via court proceeding .. Nonetheless, the penalty amount still needs to be booked in its account for prudent accounting practice and reverse out in the event of successful court challenge .. i reckoned the recent price weakness of LHI share (i.e. dumping by institutional investors) have more less priced in this negative news and the share price could see a more meaningful recovery in 2024 ...

i like what i'm seeing too, and the spare capacities will work to its advantage if demand does surge in response to the heightened global health risk :)

i remembered our very own flagship Gemusut Kakap deepwater semi-floating production system also suffered significant delays, cost overruns and arbitrations before reaching its commercial production .. as long as the field is not depleted, i'm still optimistic that production will come thru at some point ..

https://www.coinstore.com/#/launchpadDetail?activityId=102&fromPath=%2Flaunchpad

Additional 200k ZETRIX tokens @ USD1 million on offer due to the previous round of ICO oversubscription .. a good sign that the demand is there for now :)

means MYEG successfully raised USD5 million from the coinbase crypto market from its first round of ZeTRIX token ICO .. which is roughly 5% of its annual earnings .. and this also opens up more coins to be offered to the market in the future :)

anyone can share latest ZETRIX ICO subscription rate? just to see if there's any new market interest since BITCOIN has just broken its USD35,000 mark .. thanks

yea, i also have a feeling of being conned on the hype of ZeTRIX ICO ... big news announcement but the exact value of all these ZeTRIX monetization isn't clear at this juncture ..

Any updates on the response of ZeTRIX ICO said to be debut in HK crypto market today? i hv no idea how to find it .. thanks and God Bless :)

how much wud it cost for the existing clearance process for goods export to China without using ZTrade platform? and how much faster can we expect with transaction in ZTrade platform? Answers to these questions wud give some ideas to how valuable this new ZTrade platform to potential clients ..

MYEG requested for a 1-hr trading suspension to clear the air, and as a pre-emptive move to "avoid" its shares get bashed down unnecessary by the "opinion" of some lawmaker .. any knee jerk selldown wud present an opportunity to collect at a discounted price and shud be short lived too with this clarification (logically) ..

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3384871

Clarification done ..

i fully agree with ur views @Loy Loy Cheong and i do hope market will come to appreciate what we see too ya :) Any guess on what the final dividend payment will look like post MIDF completion?

or should we say that MBSB share price has been all the while heavily discounted by the market and the on-going fair valuation of MBSB-MIDF asset will bring to light the true value of MBSB share ... can't wait to see the reaction of the market on the coming Monday :)

Finally, someone is taking notice of this hidden gem ...

Management can't "hide" the amortization of its huge intangible capital cost of its WTE @ RM1.049 billion forever ... RM1.049 billion divide by PPA of 16 years = RM65 mil. per year ... good luck, guys!

very well summarized in a very funny and catchy video using very layman term to explain those big question marks that any sound investors wud pick up ... i still dun get it why SOSCO wud commit such big risks going into a company with so many red flags? not learning enough from Serbak fiasco? or they got over themselves for their super brilliant investment in BJFood? Only tells will tell and good luck for those still holding substantial shares in Cypark ya ...

@Jiang Ng, i agree with your view .. successful commissioning of Cypark's WTE/LSS projects can bring in substantial cashflow to service their current debts but may not be EPS accretive particularly if the non-cash amortization charge-out is way higher than the topline revenue generation .. having said that, the successful delivery of these projects can vastly remove the key drag on the share PE multiples which is currently trading at subpar 3-4x; and rerate the counter to a more palatable range of 8-10x for its ESG quality .. the stronger cashflow generation also potentially supports its dividend pay-outs ability barring any major CAPEX projects in the near future .. again, it all depends on the delivery of the WTE project; and failure of it will be damaging akin ARMADA's case (i.e. using existing revenue stream to service the debt of their failed WOODSIDE venture) ...

Can't tell if the sell off today has anything to do with the article posted .. but it's true that the commissioning of the WTE has been delayed by >5 years; and now eating into its 25-year concession agreement signed .. On a more positive note, this piece of information is not new to the investment communities and well accounted for in Maybank's TP report as well as Cypark's 2021 AGM report (i.e impairment assessment is done using the remaining useful span period of 20 years) ... as long as they can deliver on their promised revenue of circa RM80 mil per year (i.e. RM80 mil. x 20 years = RM1.6 bil.), it is still sufficient to cover for the project funding cost of RM700++ mil. PROVIDED it can contain its OPEX within RM40 mil. per year (i.e. net positive cashflow of RM40 mil. per year) ... The key catalyst for Cypark to revisit their RM1 share price level is still the successful commissioning of their rather controversial WTE project ... let's hope the management can provide this assurance in the coming QR ya .. cheers~

Thanks, finger crossed no further surprises this QR announcement ..

Question : Is another round of Sukuk holders' approval required on the bond repayment IF the COD of either the WTE/Solar plant got deferred beyond Sept 2022?

Opportunity does present itself even during the darkest days ... Well done to those profiting from this rather unexpected rally!

https://www.theedgemarkets.com/article/petronas-plans-rm60b-capex-2022-says-group-cfo

Any insights on who are the key players snapping up those huge blocks of shares offloaded by EPF & directors? Any institutional players coming in? or merely retail participants only ya?

p/s : Trying to also gauge the positions of other key institutional players ..