Someone’s comments in this forum is nothing new and nothing is creative. He is just like a point taker, keep repeating the same facts everyday& everywhere as following:

1) OWNER BOUGHT ITS OWN SHARE – as I comments previously , what is the big deals? What is there so surprise? like 母鸡生蛋[hen lays eggs]， Everyone is knowing 母鸡生蛋[hen lays eggs]. If news like 公鸡生蛋， 铁树开花[once in a blue moon]， then make sense. Again, holding substantial of the company share is nothing new(or news)to a founder/owner unless this someone holding > 5% , then it is news
2) ITS NTA & ITS INTRINSIC VALUE – again, what is there so “freshness” ? This is public information, right? Everyone also can get it from Bursa announcement. Do you think public or market don’t know how to value TSH, if not, why market pricing in @ RM 1.00 recently
3) TAKE OVER OFFER- AS MINORITY SHAREHOLDER - of course we want the company continue to be listed and growing from generation to another generation, so that we can growth together with them. Tak kan you buy share @RM 1.80 or RM1.70 or RM 1.60 or RM 1.40 or @ RM 1.00 , then “hope” it can be take over @ RM 3 or RM 5 in the “future”? Must well you buy Jackpot and “hope” you can win the big prizes

AND
He is trying to避重就轻[evade the crucial point] the following:
1) WHAT IS TSH FORWARD SELLING POLICY? - Two months? Three months, Six Months? At what price? (if there is) [I don’t think he knows]
2) CORRELATED TO FCPO PRICES - When FCPO is higher , he ask to accumulate ; down 10% accumulate, down 15% -accumulate , down 20% - also accumulate?????. He is never highlighted FCPO is on down trend (it seem likes no risk management at all!). He is either does not aware or purposely not to aware?
3) CORRELATED TO CRUDE OIL PRICES – Ukraine and Russia Crisis, forever war? How come recently so quiet? Wont end ? What is the world Demand and Supply for crude oil?
4) CORRELATED TO OTHER EDIBLE OIL – What is % of the crisis area is planted with all those crops ? Totally cannot harvest or export? And how was the Brazil and US crops production?
5) WHAT IS THE REASONS TSH CANNOT PAY HIGHER DIVIDEND IN TANDEM WITH ITS EPS IS IMPROVING? - Need to sell land/asset baru can declare dividend? Bonus issue? FYI, bonus shares do not add value, unless the company issuing the bonus shares increases the dividend pay-out

Calvin, is Wilmar performing? is PPB performing , i mean the share price

FCPO -3.3%, TSH +0.03, be careful of this . I cant imagine if FCPO close to RM 3k, what will calvin said and non stop tell his old grandmother story again and again

trading volume suddenly spikes

@Calvintaneng hide the important information of TSH? Yes, I m waiting for you to tell what’s forward sales policy for TSH? Until now, there is no reply from you

@Chon888

Just want to let reader here to digest both positive and negative news AND not just lead by single individual here like Calvin which is nonstop repeating old grandmother story and hide the important information of TSH

称神有何错？人外有人，神外有神，天外有天，无大无小，无始无终

https://www.theedgemarkets.com/article/palm-oil-set-plunge-20-september-top-analyst-predicts

2wk ago , when I throw this question to Calvin:
“ Do some homework and share to i3 reader that what’s the palm oil company’s “forward selling policy” especially “your” TSH, otherwise Pls don’t tell people you are familiar with “palm oil stock””
but he is ignore it and continue with his two old grandmother story telling people selling land lah and director buy share lah……….

FCPO RM 4,500 , divided by 5 = RM 900. Banyak discount if sold only RM 830

@skoh888. thanks. The Reason i wanted to know is because i found that TSH is correlated to FCPO , just like SOP, almost 90 to 100% correlated due to SOP dont have forward sales (according to research house)

is there any forward selling policy for TSH , for how many months? Two months? Three months or Six Months? any idea?

https://futures.eastmoney.com/a/202206222421329573.html

BMD毛棕榈油主力合约 跌幅9.7% 为2021年12月24日以来首次

24/12/2021 TSH RM 1.05(b4 "3sen dividend") . Today RM 1.09. Wau ! not bad for this "dividend stock (DY: 2.75%)"[ after so many years in this line, i learn from this some one , TSH is dividend stock] as someone none-stop saying

calvin, use your common sense lah. CPO will rebound from RM 4,900 to RM 7,000?
cooking oil subsidy abolish will benefits palm oil company? are you sure? dont continue to misleading people

https://www.nst.com.my/news/nation/2022/06/806847/brace-possibility-new-covid-19-wave

Calvin, CPO this yr RM 5k, next yr RM 5k, FY2024 also RM 5k, How’s the palm oil stock can growth? Without growing , how can their dividend pay-out growth? Bear in mind that there are big difference btw “Dividend stock” and “Dividend growth stock”, come on lah, your Robert Kuok ever said : 做生意如逆水行舟，不进则退，
What is there so surprised when a founder /owner keep buy its own share? Why you need to non-stop keep mentioned it everyday & everywhere? You taught people don’t know how to read announcement? What is your hidden agenda behind?
What is there so Hoo-Ha about TSH assets? Based on your logic, Star Media group asset (including its cash) is much value than its current share price. Why you miss this hidden jewel? You were mentioned invest for long term, right?
Don’t just share information that everyone knew. Do some homework and share to i3 reader that what’s the palm oil company’s forward selling policy especially “your” TSH, Bplant, Hsplant, Taann, SOP, Jtiasa, Fgv, Ioicorp, Simeplnt, and Thplant If not, Pls don’t tell people you are familiar with “palm oil stock”

there is need for working capital to perform on these contracts . Sapura Energy got monies now?

When someone claims that himself is expert but only know call buy and not don’t know how to call sell. (NOT SURE is there any motive or intention behind for NOT TO CALL SELL).
To me, please think twice before listen to this type of person(s)
Only “dividend growth stock” (there are difference btw DIVIDEND STOCK and DIVIDEND GROWTH STOCK) can accumulate and keep buy the dip(if share price decline not because of its fundamental/earnings).
Generally, I advise to set your own take-profit target when share price is moving up tremendously (or gap up suddenly)

“会买的是徒弟， 会卖的是师傅”

any good news or update from today's AGM?

There is headline published in NST newspaper today “ No plan to Retaliate Against Rough Forces – CHHB unfazed by sharp selling of its shares , says source”

If you look at MRCB *Number of Outstanding share* & *EPS*

2021 4.467b share/ 0.4sen
2020 4.412b/-4sen
2019 4.412b/0.5sen
2018 4.395b/2.3sen
2017 4.387b/6.6sen
2016 2.144b/13.8sen
2015 1.787b/18.5sen
2014 1.760b/8.9sen
2013 1.651b/-7.4sen
2012 1.388b/4.3sen

this could be one of the reason why the share price did not perform

As my earlier comments " MSCI Equity Indexes May 2022 Semi-Annual Index Review"
All changes will be implemented as of the close of May 31, 2022.

*Deletions*
FRASER & NEAVE HLDGS
WESTPORTS HOLDINGS

@ Johnzhang, unlikely will pay dividend. Most money has gone to its bondholders

The Edge Weekly reported that its share price collapse on concerns over its *debt & cash flow position* and its *ability to execute power projects* it has in hand(construction delays of its ongoing projects including floating Solar Plant in Kelantan and SMART WTE plant in Negeri Sembilan)

under what reason are they selling?

The Board of Directors of Cypark Resources Berhad wishes to announce that RAM Rating Services Berhad has reaffirmed the long-term rating of AA3 for Cypark Ref Sdn. Bhd.’s RM550 million SRI Sukuk Murabahah Programme (2019/2041) via its letter dated 26 May 2022.

The AA3 rating indicates high safety for payment of financial obligations. The rating outlook is maintained at negative to reflect RAM Ratings’ concerns of extended construction delays for the two floating solar plants at Danau Tok Uban beyond its stressed timeline.

RAM Ratings' rating assessment has also considered the extraordinary resolution notice that was circulated to the sukukholders on 23 May 2022. These changes, including modifications to the transaction terms and payment structure, are not averse to the issue rating.

The reaffirmation of rating at AA3 is expected to provide confidence to sukukholders to support the proposed amendments in the extraordinary resolution favourably.

This announcement is dated 27 May 2022.

UTILISATION OF PROCEEDS:
Repayment of bank borrowings (Within 12 months)
Working capital (Within 12 months)
Estimated expenses in relation to the Proposed Disposal (Upon completion)
Total RM 962.2m

Shareholder ?

Recently, I attend a local fund talk. That fund said something abt United Plantation:
1. Utdplt’s ASP was below the MPOB avg( MPOB avg ASP in 2021: RM 4,407; UP: RM 3,309 ; MPOB avg ASP in 2020: RM 2,686; UP: RM 2,613) due to forward sales executed for a portion of its production. So, it will result in lower ASP in a rising market, as opposed to higher ASP in a falling market
2. Utdplt’s forward sale policy is prudent as no one can time the peaks and troughs of CPO price precisely.
3. When CPO price falls, it will be able to report higher than Avg prices, and this will lead to a less volatile earnings and dividend pattern
4. Even though the palm oil business is volatile and cyclical, Utdplt has in the past managed to grow its earnings and raised its dividend pay-out steadily and that fund expects Utdplt to continue with this fine performance in the years to come

That fund view that long-term fundamentals of the palm oil business have changed structurally due to:
1. It is very difficult for Malaysia’s CPO output to back to its peak
2. The high growth rate in Indonesia’s CPO output is over
3. The planting growth era is over, implying that supply growth in the long term will be an issue
4. Automation and mechanisation in the palm oil industry have been difficult to achieve.

FCPO night trading session just opened: Aug2022 Contract RM 5,967 -105( -1.7%)

https://www.theedgemarkets.com/article/indonesia-lifts-palm-oil-export-ban-relief-global-market

MSCI Equity Indexes May 2022 Semi-Annual Index Review

MSCI MALAYSIA INDEX
*Additions*
MR DIY GROUP

*Deletions*
FRASER & NEAVE HLDGS
WESTPORTS HOLDINGS

MSCI Equity Indexes May 2022 Semi-Annual Index Review

MSCI MALAYSIA INDEX
*Additions*
MR DIY GROUP

*Deletions*
FRASER & NEAVE HLDGS
WESTPORTS HOLDINGS

https://www.reuters.com/world/china/chinas-commodities-consumption-slow-no-longer-big-bulls-says-analyst-mistry-2022-05-11/

4Q22 Net Loss RM 198m (VS 3Q22 net profit RM 259m and 4Q21 Net Profit of RM 1.12b)
4Q22 Revenue RM 969m (VS 3Q22 RM 1.01b and 4Q21 RM 2.31b)

For the 12 months ended 31 Mar 2022 (12MFY22), Net Profit of RM 3.23b(FY21: RM 2.89b), Revenue RM 7.89b(FY21: RM 6.70b)

1Q Net Profit RM 104m(-76% YoY/ -44% QoQ) ,
Revenue RM 2.76b(+17% YoY/+3%QoQ)

1Q Net Profit RM 59.7m(-20% YoY/ -61% QoQ) , Revenue RM 642.9m( +61% YoY / +2.6% QoQ)

https://www.reuters.com/world/asia-pacific/indonesia-ban-palm-oil-exports-shore-up-supply-soyoil-futures-surge-2022-04-22/

from Pbbank latest annual report , page 143:
Superior Returns to Shareholders

Over a medium term horizon of five years, a shareholder of Public Bank who purchased 1,000 Public Bank shares at a price of RM19.72 per share as at the end of 2016 with an initial investment outlay of RM19,720 and have held the shares to the end of 2021 would have received gross dividends totalling RM3,440 and have 5,000 shares (after four for one bonus issue) worth RM20,800 based on Public Bank’s share price of RM4.16 per share as at the end of 2021. Together with the dividends received, this investmentwould give the shareholder a compounded annual rate of return of 4.2% for the five-year period. This outperformed the overall equity market return over the last five years whereby the FTSE Bursa Malaysia Composite Index dropped by 4.5%, from 1,641.73 points as at the end of 2016 to close lower at 1,567.53 points as at the end of 2021.

If a shareholder of Public Bank had bought 1,000 shares in Public Bank when it was listed in 1967, and assuming the shareholderhad subscribed for all rights issues to date and had not sold any of the Public Bank shares, he would have accumulated 744,690 Public Bank shares worth RM3.1 million based on the share price of Public Bank shares of RM4.16 as at the end of 2021. In addition, he would have received a total gross dividend of RM1.7 million whilst having only invested a capital outlay of RM235,612,including subscription for all rights issues. The dividends received and the appreciation in share value translate to a remarkable
compounded annual rate of return of 18.5% for each of the 54 years that this shareholder has held the share in Public Bank since it was listed in 1967.

hupseng , any news?

what is the market share for GASMSIA

any news fr AGM?

this is fr Hartalega 2019 Annual report page 144:

Sensitivity analysis for foreign currency risk

The following table demonstrates the sensitivity of the Group’s profit for the financial year to a reasonably possible change in the USD exchange rate against RM, with all other variables held constant.
group
2019
RM
USD/RM - strengthened 5% (887,354)
- weakened 5% 887,354

can i interpret as when USD strengthened by 5% VS MYR, the grp profit reduce by RM 887k?
why the stronger USD doesn't help the company profit?

what is the outlook for FY2020 for each of the operating segments and does SAPNRG expect any improvement in revenue/ segmental results?

any news from AGM?

MSCI semi annual index review? or Shariah compliant securities review?

http://www.theedgemarkets.com/article/maybank-down-concern-over-exposure-singapores-hyflux

any idea which company are they targeting ?

http://www.thestar.com.my/business/business-news/2017/10/17/top-glove-plans-rm1bil-acquisition/

http://www.focusmalaysia.my/Mainstream/thong-guan-s-lofty-growth-targets

the star newspaper naik harga 10cts starting 2/10 for Monday-friday issues

The Board of Directors of Willowglen MSC Berhad (“the Company”) is pleased to announce that on 22 September 2017, the Company’s wholly-owned subsidiary, Willowglen Services Pte Ltd has been awarded a contract valued equivalent to approximately RM7,266,000 by SK E&C (Singapore Branch) for the Design, Construction and Completion of North-South Transmission Cable Tunnel – Contract NS2.

The commencement date of the contract is on 22 September 2017 and will be completed by 3 June 2018. The contract is expected to contribute positively to the Group’s earnings and net assets per share for the financial years ending 31 December 2017 to 2018.

The contract is not renewable and the risk in respect of the contract is the normal business risks.

None of the directors and / or major shareholders of the Company or persons connected to them has any interest, direct or indirect in the new contract awarded. 



This announcement is dated 25 September 2017.