Bull can make money, bear can make money , only the hog complains about this and that.

to buy into JAKS,One must be bullish on Vietnam economy, the next REAL AND SOLID emerging tiger in the East.

@ Bizfuneng , i agree with your analysis of america /DT, Obama is a worst president in america recent history,who polarised the nation and conspired to destroy america,Other people see too much of CNN,MSNBC etc or other FAKE NEWS medias,owned by special interests group.

as crude oil maintained at reasonale profitable price level 60 usd and above,banks's bad loans would reduce, once housing sectors turn lively, economy vibrant ,banks profit will shoot up.

the decisive point is the management , look ammb have everything Publick bank possessed , except the shining management image which give customers those confidences , Public bank priced at 24 ringgit plus while ammb 4.60 ringgit .

with crudeoil breaks 60 usd/b , our national economy could stand on more solid ground, with better oversea demand and resulted in strong export figure in general, could benefit banking sector.any way the worst is behind us, by going forward, mild recovery,..

低端人士，必然喜欢“顺口开河”

dividend pay out is too low, needed to adjust to 50% of annual earning, in order to attract investors interest.

avoid junk/rubbish stocks, there are good reasons for stock to be junk,you bot rubbish, and you get rubbish, worthless in the end of the days.

注意，本国是债务缠身的国家之一，出口稍微有增长，本土消费静寂。需要特别注意不同领域存在不同生态。不要盲目妄进。应该量力而行。谨慎为主。

傻瓜，放眼看看全球经济，金融市场，股市市场，全部风风火火，腾云驾雾，一片大好。当然是牛市降临啦。怎么会熊市呢？熊市的病状必然是全球债务缠身，赤色连绵，水静河飞，钱不够用，这是熊市特征。比较比较，不就清清楚楚。

Follows the direction of the trend, the trend is your friend.

$67/barrel
https://oilprice.com/

Latest breaking news: Malaysian govt rumored to waive palmoil export tax, from 5.5% to 0%, for next coming 3 months.

wrong information, no such blacklist existed.The supermarket chain (98 outlets)operated by Lotte Supermarket,was targeted and boycotted by communist government,and chinese residences had since already shut down 90% last year.

LCTITAN的前身是湖南石油化工, this is wrong .

hengyuan is a refinary,lctitan is also a refinary,in petroleum business

Global and domestic economies healthyly expanded further,banking stock would benifit reasonably, provided they are not involved in 1MDB or similar damaging scandals.

last quarterly report suggested the fact , the Vietnam and Indo market is expanding remarkably well .

building a strong base, already,..

in the process of transfering fund to save loss making units, crimes were said to be committed , as violating business laws governing Korean coporate businesses.

All these have something to do with losses incurred by forced-shutting of their supermarket chain- operation in CHINA,after they offer land to Korean government to install THAAD，system 萨德(Terminal High Altitude Area Defense).This has offended the Chinese communist government, in retaliation, the supermarket was targetted.

贪官洗黑钱，和向外转移资产

the longer i wait, the higher it goes.

现代人看上网手机，全部都有，还不就行了。

过时的产品，本就应该淘汰

Malaysia has more minus millionaire, than millionaire.right?

but this stock , you really need to wait a long while.

the tone ,look genuine. few will be seriously take the trouble to respond like this

EVENING 5: The taxman is coming

Banks, taxpayers and companies are on IRB’s hitlist as the taxman looks to collect RM134.7 billion in 2018. Meanwhile, lawyers say there are 'substantial merits' to reverse Stanley Thai’s conviction for insider trading.

http://www.theedgemarkets.com/content/evening-5-taxman-coming-1

EVENING 5: The taxman is coming

Banks, taxpayers and companies are on IRB’s hitlist as the taxman looks to collect RM134.7 billion in 2018. Meanwhile, lawyers say there are 'substantial merits' to reverse Stanley Thai’s conviction for insider trading.

http://www.theedgemarkets.com/content/evening-5-taxman-coming-1

印度炼油协会总经理B.V. Mehta称，全年的进口量不太可能显著变化，因为国内油籽供应有限，而需求旺盛。 that means india will buy as much as last year,and they see little changes in the total volumn in their import.

印度大幅上调食用油进口关税，或造成棕榈油进口下滑
粮油信息网　 2017/11/22 9:48:21 　
　　据进口商和贸易商称，在年底之前印度棕榈油进口量可能减少，因为印度政府将食用油进口关税上调至十几年来的最高水平。
　　印度是全球最大的食用油进口国。
　　印度上周五晚些时候宣布，把毛棕榈油进口关税从15%提高到30%，精炼棕榈油进口关税从25%提高到40%。
　　周一，马来西亚衍生品交易所（BMD）毛棕榈油期货下跌逾3%，创下三个月来的最低水平2626令吉/吨。
　　新加坡辉立期货公司驻吉隆坡分析师David Ng称，短期需求将会受到主要的冲击，因为这将会造成价格大幅上涨。不过印度国内的油籽产量无法满足国内的全部需求。
　　Ruchi Soya公司总经理Dinesh Shahra称，关税上调可能提振印度国内油籽价格，从而鼓励农户出售油籽，提高油用油籽供应。
　　印度油籽加工商一直无法与来自印尼、马来西亚、巴西和阿根廷的低廉进口供应竞争，因此对国产油菜籽和大豆的需求下滑。在现货市场上，国内油菜籽和大豆价格一直低于政府制定的最低价格，令农户愤怒。
　　周一，印度豆油和毛棕榈油期货价格大幅上涨，以4%的涨幅涨停。
　　孟买某国际贸易公司的贸易商称，进口商将先清空早先的库存，然后观察国内价格何时稳定，再决定12月份的进口。12月份的食用油进口量估计约为60万吨。
　　虽然市场人士预期到食用油进口关税上调，但是上调幅度令他们吃惊。这位贸易商称，许多进口商已经提前按照早先的进口关税出售棕榈油。他们将很难履行合同。
　　印度10月份棕榈油进口量约为75万吨。但是全年的食用油进口量可能高于上年的水平。
　　印度炼油协会总经理B.V. Mehta称，全年的进口量不太可能显著变化，因为国内油籽供应有限，而需求旺盛。
　　食用油进口商Sunvin集团的总经理Sandeep Bajoria称，本年度印度可能进口1550万吨食用油，低于早先预测的1590万吨。

Unitedplant very old company, since very beginning oilpalm industry first introduced in to malaysia, may be 50-60 years ago.UP's cost of production only 900 ringgit per tonnes,little expenditure other then fertilizerand harvesting cost. read the 2016 annual report. SOP had just bot new plantation, and not fully planted , some plantation acreage still under new plants and some yet to be planted , and so not being fully productive,need time to grow and get mature, any way check the FFB (fresh fruit bunches) has been increasing year to year,q to q.

INDIA 19,nov 2017, announced to hikes duty on edible oils imports, caused most vegetable oils in world market to tumble.
http://www.thehindubusinessline.com/economy/oilseed-crushers-rejoice-as-centre-hikes-duty-on-edible-oils/article9966704.ece

http://www.unitedplantations.com/Investor/Announcements.asp?CategoryEN=Interim%20Report&Year=2017

United plant share capital(000)
--------------------------
2017 --Share capital 390,054

2016--
share capital 208,134
Share premium - 181,920

share consider 390m or 208m ?

if we compare SOP with united plantation (UP)whose q3 result just out 2 days ago, profit is 98 millions,

if SOP too can achieve 80-90m for the q3,

what do you think ,the share price should be?

share capital for United Plant is 370m and SOP IS 570M.

and market share value for UP=28.00 RM, and SOP=4.40 RM, very interesting.

just weak sentiment in overall malaysian market,there is a need to change of existing government.

for reference
-------------------
Wilmar profits dip, as Indonesia's biodiesel setbacks bite
News
13 Nov 2017
by Mike Verdin

Wilmar International unveiled a slightly bigger-than-expected drop in earnings, undermined by factors including a delay to sales from its Australian sugar business, and a drop in Indonesian biodiesel quota.

The Singapore-based agricultural trading giant, in which US major Archer Daniels Midland in August raised its stake to 24.9%, revealed a drop of 5.7% to $370.0m in earnings for the July-to-September quarter, below the $378m figure that investors had expected.

The decline - heralded at the end of last month by ADM, which said that Wilmar’s results had been “lower than anticipated” – defied what Wilmar termed a “robust performance” in oilseeds and grains, in which it reported a 2.3% rise to $253.7m in pre-tax profits.

The division’s gains, on revenues up 16.8% at $5.54bn, reflected “higher crush volume and good crush margins”, said Wilmar, the largest crusher in China, and which claims a global workforce of some 90,000 people.

Sugar sales delays

However, this “good performance” was “offset by weaker results in the tropical oils and sugar businesses”, Wilmar said.

Underlying group earnings fell by 15.9% to $323.7m, said the company, which reported revenues flat at $11.1bn.

Wilmar, which in 2010 paid Aus$15bn for Sucrogen, the sugar business of Sydney-based CSR, reported a 13.05 drop to $75.2m in pre-tax profits from sugar, “due to timing effects from the new Australian sugar marketing programme”.

Under this scheme, a “certain proportion of sugar produced would only be sold in the subsequent quarters”, said the group, which six months ago agreed concessions on sales to end an 18-month dispute with cane growers.

‘Lower processing margins’

In tropical oils – typically by far the biggest earner for the group, which is the world’s top palm oil processor – pre-tax profits tumbled 51% to $83.1m.

While reporting growth in yields and volumes at its own oil palm plantations, “lower processing margins affected the overall performance of the segment”, Wilmar said.

And sales volumes dropped 2.9% to 5.75m tonnes, “mainly due to lower biodiesel quota awarded in Indonesia”, which has seen setbacks from punitive import levies from the European Union and US to its plans to promote the biofuel.

Indonesia is estimated to have more than 11m tonnes in annual output capacity of biodiesel, yet consumes less than 3m tonnes itself, leaving producers largely reliant on exports to maintain volumes and margins.

Quota cut

In fact, Indonesia awarded Wilmar’s Bioenergi Indonesia business 175.3m litres in biodiesel quota to state energy company Pertamina for the May-to-October period, down from 241.4m litres the previous six months.

For the six months starting this month, the quota was lifted to 192.0m litres.

Nonetheless, Kuok Khoon Hang, the Wilmar chairman and chief executive, forecast a “satisfactory” performance for the tropical oils and sugar divisions in the current October-to-December quarter, with the oilseeds and grains business to see its “good performance” continue.

“With good economic performance in key Asian countries, we remain optimistic about the future of Asia,” he added.

The results were released after the close of Singapore’s stock market, where Wilmar shares closed up 0.3% at Sing$3.32.

who doesn't your mother is a woman.

BIMB puts the TP at RM 5.87 is reasonable , give abit of time, few months may be , will get there.

@probability , i am not familiar with the price trend in timber market , sorry unable to comment.

Goldman Sachs: A Very Bullish Case For Commodities

By Nick Cunningham - Nov 05, 2017, 3:00 PM CST
Trading Screen
The fortunes of oil and gas producers have been dramatically different from metal producers this year. Energy prices have been lackluster, and energy stocks have fared even worse. Meanwhile, prices for a variety of metals have jumped sharply. Taken together, commodity prices broadly are more or less flat, but that obscures the very different performances between energy and metals this year.

According to a recent report from Goldman Sachs, entitled, “Metals Shine as Oil Volatility Dulls,” demand for all sorts of commodities has been very strong in 2017, both energy and metals included. “[A]ll markets are currently facing the best demand backdrop in over a decade with strong global synchronous growth,” Goldman wrote.

With demand strong for both metals and energy, the difference between the two sectors in 2017 has been on the supply side. There has simply been too much oil supply, keeping a lid on prices and depressing the value of energy stocks. Goldman says things have been worse for oil and gas producers than it expected, with the rebound in shale production exceeding forecasts.

But that hasn’t occurred in the market for metals. “Not only is there no shale equivalent in metals, energy faces excess capacity in services which keeps cost in?ation in check. In contrast, metals have less spare capacity and are facing cost in?ation,” Goldman analysts wrote in the October report.

Nevertheless, Goldman laid out a bullish case for the entire commodity sector, including oil. There are several reasons why the investment bank reached this conclusion. The first is based on the “maturing business cycle.” Specifically, we are at a particular point in the business cycle – phase 3 – called the “growth above capacity” phase, which is to say, “where commodities outperform other asset classes and policy makers are forced to put the brakes on growth,” Goldman argued.

The logic is that commodities perform well during periods in which central banks are tightening interest rates. That relationship comes down to the fact that central banks are trying to get a hold on rising prices – directly the result of rising prices for commodities. So, in essence, rising commodities prices force central banks to hike rates. But there is a window when commodity producers are doing really well before the tighter monetary conditions kick in. Industrial metals typically rise by 50 percent during the rate hiking cycle, according to the report. Currently, metals prices have jumped 25 percent, so there is more room to grow.

Palm prices could rise to RM2,950/T in January if Brent oil gains: Fry
Reuters

November 03, 2017 16:00 pm MYT

NUSA DUA, Indonesia (Nov 3): Malaysian crude palm oil (CPO) prices could rise to a high of RM2,950 (US$697) per tonne in January before falling to RM2,600 if oil prices rise until the second quarter of the year, leading analyst James Fry forecast on Friday.

Fry, the chairman of commodities consultancy LMC International, had last forecast in September for Malaysian benchmark prices to fall below RM2,400 per tonne in November and December, as overseas appetite for the commodity falters over the winter period.

"Brent is pulled between Saudi Arabia's desire to raise values before the huge Aramco IPO and US shale oil's response to higher prices," he said, referring to the initial public offering of Saudi Aramco, Saudi Arabia's state-owned oil company.

"If you think the Saudi's will hold sway, at least until 2Q, CPO futures peak at RM2,950 in January and then fall back towards RM2,600," he said at an industry conference in Bali, Indonesia.

With Brent prices at US$60 a barrel, Fry estimates palm oil peaking at over RM2,800 per tonne in January, before falling below RM2,500.

Prices of the tropical oil would drop towards RM2,300 per tonne with oil prices at US$55 a barrel, he added.

Benchmark Bursa Malaysia crude palm oil futures climbed to their highest since Sept. 15 earlier this week, but is down about 9% so far this year.

It was last down 0.6% on Friday evening at RM2,804 a tonne.

Brent crude oil prices rose as high as US$61.70 a barrel on Wednesday, its highest intraday level since July 2015, and was last up 0.2% at US$60.71 a barrel.

Palm oil prices are expected to climb as production growth this year has not come in as much as expected due to the lingering effects of the El Nino.

The El Nino weather pattern in 2015 curtailed palm oil production in Southeast Asia as it brought hot, dry weather to the region that limited palm fruit yields.

Fry later said on the sidelines of the conference that Malaysia's palm oil production could reach nearly 21 million tonnes in 2018.

Indonesian output this year is forecast at nearly 36 million tonnes, said Fry, and could see additional growth of 4 million tonnes in 2018.

"For Indonesia we have an increase of another 4 million tonnes or so from 2017. The recovery is continuing, and a lot of the area planted is maturing, so you add all these things," he said.

Indonesia and Malaysia produce nearly 90% of global palm oil supplies.

(US$1 = RM4.2310)

Weather will be key as the palm oil industry gathers in Bali
Bloomberg
November 01, 2017 10:13 am MYT
-A+A
KUALA LUMPUR (Nov 1): Some of the world’s biggest palm oil players will meet in Indonesia this week and just like two years ago, the weather will be a hot topic. But instead of the scorch of El Nino, this year the focus is on La Nina.

The conference will feature predictions from industry heavyweights Dorab Mistry of Godrej International Ltd, LMC International Ltd’s Chairman James Fry and Oil World Executive Director Thomas Mielke. Here are the key topics to watch for:

The Long-Awaited Rebound

It’s been a year of two halves for palm oil. After slumping in the first half, futures have rebounded as a much-anticipated recovery in production missed expectations. The shortfall is especially apparent in No. 2 producer Malaysia where output in the second half, typically a high season, has also been stymied by a shortage of plantation workers.

Still, expectations remain that a big supply rebound is on the horizon as plantations finally shake off the lagged effects of the 2015-16 El Nino. Global production may climb by about 6 million tons next year — most of that from Indonesia and Malaysia — and a big question is whether demand will be enough to absorb it, according to Ling Ah Hong, director of plantation consultant Ganling Sdn Bhd.

"The market was caught off-guard when they saw third-quarter production was bad," Ling said. “Next year we’ll see a very strong production of palm. Moving into April and May next year, prices may start to soften if production of palm oil starts to jump and stocks start to climb." He expects prices to ease to average at RM2,500 (US$590) a ton in 2018, more than 10% less than the average of RM2,820 this year.

A Little More Rain

La Nina-induced rain will be good for production because it will ensure sufficient water to trees, said Ling, who has 40 years of experience in the industry. The downside is that it could exacerbate monsoon rains and cause some flooding of low-lying areas. The Malaysian Meteorological Department told Bloomberg a weak La Nina doesn’t cause significant impact to rainfall distributions during the northeast monsoon.

“If the La Nina is just a very mild one, and production of soybean and palm are strong, then we’ll see a more bearish situation," Ling said. "Prices may even drop down to RM2,400 a ton by the end of 2018."

Too Much La Nina Will Rain on the Bear Parade

A stronger La Nina could hurt soybean production in the US and South America, and that’s key to palm oil, its closest substitute.

During the 2011-2012 La Nina, futures surged to a near three-year high of RM3,955 a ton as La Nina withered soy crops in Latin America. At the same time, swathes of plantations in Malaysia’s key-producing states were inundated by flood waters, cutting production to the lowest in four years.

“Heavy rainfall complicates harvesting because you’ll have difficulty of evacuating crops,” said Peter Benjamin, CEO of Malaysian-listed planter United Malacca Bhd. “Too much rainfall will also have an impact on pollination. We’ll have to keep a close watch on the La Nina effect."

Fueling Prices with Biodiesel

The industry will also be watching a decision from the World Trade Organization on eliminating Europe’s anti-dumping barriers on biodiesel, according to Sahat Sinaga, executive director at the Indonesian Vegetable Oil Industry Association. Removing the barriers could increase demand for fatty acid methyl esters and boost biofuel consumption.

Meanwhile, higher crude oil prices could bolster demand for biofuels in the coming months, said Barnabas Gan, an economist at Oversea-Chinese Banking Corp in Singapore.

Less Workers, Less Palm Oil

It’s a problem that’s plaguing the industry. In Malaysia, an estimated 10% of fruit bunches are left to rot each season because of worker shortages. While companies are turning to mechanization, harvesting still requires skilled labor that’s quickly become scarce. Malaysian planters are especially at risk because of their high dependence on foreign laborers, especially from Indonesia which are said to be the best palm oil harvesters in the world. "Now we are looking to Bangladesh and Nepal to bring in workers, but compared to the Indonesians, it takes time for them to adapt to plantation life," United Malacca’s Benjamin said.

like ekovest ,iwcity, they painted many rosy pictures of the future, and we see their share prices sinking to the bottom of the sea..

kyy get stuck in this counter ,we must show great sympathy to him, for without him ,jaks would have break 1 rm level long time ago.

small timer don't BS, loss money never talk about it.

SOP should be far far better then KMLoong, anyway KMloong is giving 9 sen interim dividen currently.