different company got their own dividend policy, some give 30%,40% 50%,of their annual net profit,the rest are kept as reserve fund.for past few years were very bad year for plantation companies, due to ever increasing Indonesia,planting acreage, thus selling price was low,heading for unprofitable level .From this year on ,they exercise a control,on new planting, and also implement B20 program on biodeasel, which help to increase the usage of palmoil, and lower carry-over stock.As the result his year plantation stock profit should be higher then last,if you check the quarterly report on earning , will prove this point.hope thing could get better, best of luck!!

in fact ,I rather prefer TAANN, more diversified stock.past dividen record as high as 15%-20%

true ,anything could happen in the future, if price drops , it is only temporary. as we keep in mind, and stick to the principle of value-investment,which means intrinsic value of the stock must be contantly observed.We know Taann has reasonably large palm oil plantations, and good land bank for future expansion.Other products are log and plywood,these are valued commodities,and main buyers are Japan and India.if these two countries economy remain healthy, and not fall into recession, then Taann annual profit would be ensured.During this current turbulent period we are in, it is hard to find better ,safer stock to invest.
29/06/2016 22:08

why argue with a loser, whose pessimism was based purely on ignorance,and a lack understanding of business cycle, and seasonal production/comsumption cycle of respective commodities.

George Soros is a Jew, as historical records indicate, Jews had better judgement on the British, but was terribly wrong about the German, that explained why they did not fare well in the past in Germany, and currently who now dominates EU.

what else, export businesses, back to robustly normal.

From The Edge



SCable’s Sumatra plant to end stock’s downward spiral?


Toh estimates that Sarawak Cable needs up to RM80 million to develop each power plant. Photo by Shahrin Yahya


KUALA LUMPUR: The end of Sarawak’s pre-election rally and poor first-quarter results have sent Sarawak Cable Bhd’s (SCable) shares tumbling 28% from a five-year peak of RM1.82 on Jan 8.

The stock closed 3.68% lower at RM1.31 last Friday, with a market capitalisation of RM421.68 million.

However, a restructuring of its business and the commencement of the first of five mini-hydropower plants in Indonesia by the fourth quarter of this year (4Q16) might spell the end of the downward spiral in the cable manufacturer. The plant is expected to bring in up to RM30 million in annual recurring revenue.

“We expect to see immediate income contribution of about RM7 million from the mini-hydropower plant in 4Q16. The operational cost will be very small as we will be using water [to produce electricity],” its managing director and chief executive officer Aaron Toh Chee Ching told The Edge Financial Daily in an interview.

The plant is located in Sumatra, with a capacity of 10mw and estimated installed capacity of 14mw. SCable had signed an agreement with Perusahaan Listrik Negara Persero to sell the electricity produced to the Indonesian utility body for 20 years.

Still, the group’s current share price and earnings forecast have yet to reflect the lucrative long-term income stream of the power plant.

“[The] market is ascribing little valuation to the power plant. Based on our forecast, contribution from the plant could enhance our forecast for the financial year ending Dec 31, 2017 (FY17) and FY18 by 20% to 23%,” Hong Leong Investment Bank senior analyst Jeremy Goh said in an email.

Goh deems the power plant a lucrative business as the tariff and demand have been fixed by the Indonesian government under the power purchase agreement (PPA).

Based on the PPA, the initial tariff rate is 778 rupiah (23 sen) per kWh, with the subsequent increase to 968 rupiah per kWh. Earlier this year, the tariff was increased to 1,390 rupiah per kWh.

Goh expects SCable’s share price will react when the power plant starts to contribute to the group’s earnings.

According to Toh, commencement of its power plant was delayed from June to September this year due to additional rock blasting works at the plant.

Meanwhile, the group’s high gearing ratio of 183% is also a concern for investors. Its net debt stands at RM417 million.

Toh estimates that SCable needs up to RM80 million to develop each power plant.

Construction of two new power plants will begin next year, while the rest are waiting for approval from the Indonesian government.

To pare down debt and generate cash, Toh said the group is in talks with foreign strategic partners for a possible spin-off of its power assets in bourses like Singapore and Hong Kong next year.

“Singapore and Hong Kong are my ideal locations as there are more investors who are keen on investing in the renewable power industry,” he said. “However, it will be difficult for us to list by ourselves. Thus, we have to ride on other listed entities, which may see us injecting some of our power assets into the company and then go for an IPO (initial public offering) to raise funds,” he added.

On Jan 18, Toh was reported to have said that the group was in talks to rope in a Singapore-listed construction company for a potential stake sale of its mini-hydro plants in Indonesia.

He believes that the group’s power assets will fetch a better valuation once the power plant in Indonesia commences.

Toh also expects SCable to post improved net profit in FY16. Its net profit rose 64% to RM39.8 million in FY15 from RM24.23 million the previous year as revenue grew 329% to RM1.45 billion from RM339.44 million in FY14.

However, the group saw its net profit fall to RM3.57 million in the first quarter ended March 31, 2016 (1QFY16) from RM11.87 million a year ago, due to delay in projects for orders in hand to subsequent quarters in this financial year. This was despite a 6% increase in revenue to RM364.46 million from RM343.61 million in 1QFY15.

Toh said based on its latest two months’ performance guide, the group has started cost-saving initiatives of its manufacturing activities, which have shown some results.

“We are targeting to save at least 1% to 2% [or about RM

SJSOON don't be silly , QE save the world out from severe reccession, and it works very well for US economy,sorry to say,you are mislead.

while you got bad government around incured massive foreign debt ,why blame America, their dowjones index is near all time high,don't get jealous

信炒家的话，很早就去荷兰！完全同意

先前早有人提示，自从欧盟改变堵塞中国的入口政策，chinwel立即就改变了命运，从蓝海企业，转变成红海企业。中国方面有太多此类企业，有几百家之多。竞争过度激烈。不应该浪费时间。

many people had misintrepreted the first quarter financial report which showed smaller earning,you must take into account ,usually first quarter jan-march , had many holidays, like christmas/new year,chiness new year etc,business operation slow down ,palm oil low production,by second quarter, sale would normalized and is picking up strong ,then you could see better picture.i am still bullish.

Sarawak is under developed, plentiful growth opportunity,rich natural resources,a matter of time ,will be booming.strong need to open up

http://www2.theedgemarkets.com/my/article/stock-momentum-gadang-holdings-0#

STOCK WITH MOMENTUM, LATEST NEWS, CORPORATE
FROM THE EDGE
Stock With Momentum: Gadang Holdings
http://www2.theedgemarkets.com/my/article/stock-momentum-gadang-holdings-0#

the deal of take over of transform- master s/b , had exposed the management weakness,you can't expect a mere trading company to transform into real multi products chemicals manufacturing company, the mind- set had been fixed.

007 is right,we are in the midst of it, why fear? the problem of fear ,is fear itself.
the country is broke, so everything needs to come back to reality,the gravity force pulls everything back to original position,you need to clean your house, and start working, then export to get new wealthy again,local consumption, alas weak for long ,long while.

Malaysia Raises Palm Biofuel Blend for Transport Sector to B10
2016-05-31 07:13:28.242 GMT
By Niluksi Koswanage
(Bloomberg) -- Govt agrees to strengthen biodiesel program
by increase blend to B10, or blending 10% palm methyl ester with
90% petroleum diesel, Malaysia Commodities Ministry says in e-
mailed statement.

* Govt to also implement B7 program in industrial sector
* Both programs to be implemented progressively from June
* Both pogrames expected to contribute to annual consumption
of 709,000 tons of crude palm oil domestically
* Programs to contribute to saving of 820m liters of diesel/yr
* Biofuel to be supplied by Malaysian Biodiesel Assoc. that
consists of 22 members

there was a slow down ,in logs and plywood demand in last quarterly report,on demand from INDIA and Japan,has slow down, but by second part of the year, demand from these two countries will improve.Many foreign manufacturing businesses made their exits from China , due to higher labors cost ,reallocated their business into India,,while Japane has implemented negative interest rate, this action would stimulate consumers depand in general,housing demand could expected to be stronger.

the investment climate currently is at low ebb,sentiment is bad due to corruption at high places ,in particular issue like "1mdb" scandals, etc,would see better time , once these factors go away.

taann is doing well, but not 1MDB, somebody else needs money, ...loan , bond ,,default...

look like money was been tranfered out,take care

our market faces many fears, e.g GST rumored could increase from current 6% to 8%, if so could be disasterous for many sectors in economy.

don't trade market like a kid or monkey,jumping up and down,steady lah, be matured

whatever he wanted to do, is purely up to him ,nevertheless, his view concerning accountacy is wrong completely ,for simple reason, without engineers responsible for production of goods for comsumers , accountant has nothing /no data/no number /to work on ,

theoretical we need weak ringgit to boast exports, no other choice, oil price low,greatly reduced income,while government expenditure lavishing high.

investment funds flow in slow, due to 1mdb problems lah,the main reason for investors traffic jam

Quarterly rpt /profit double
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5073777
who was the assshole tell people to sell??

restudy the wording for private placement , it meant to have finalized , as request for listing for those shares was applied ,and approved by bursa,and several details was required to summit, then no furthen news.if price had not been fixed,and paid up,then you can't apply for listing.

讲耶稣，讲菩萨，就是不懂讲经济形势，看来只是废话而已

now only know , the earlier call is childish,and erroneous

look like some will die, one of these days

true, my impression is ,it is not finalized,why take so long? it looks unprofessional

Japan experienced another devastating earth quake, houses destroyed. ai ya, needs plenty of logs/plywoods for rebuilding, wat a stock.

no sweat ! Gadang is trending up, i hold tight,tight,like hugging my girl friend.

buddyinvest supplys the useful info for gadang corporate strategy, if those factors are achieved, may be could see better future valuation /price.But unfortunately are having lousy/misrule government in place,which discourage investors sentiment in general.

stock valuation in general depend on PE ratio, and prospective improvement in future earning , and economical health domestically , and globally.This is a useful guide , don't you think so.

10% OF THE ISSUED AND PAID-UP SHARE CAPITAL
Board had on 19 April 2016 (“Price Fixing Date”) fixed the issue price at RM1.85 per new ordinary share of RM1.00 each in Gadang (“Gadang Shares”) to be issued pursuant to the Proposed Private Placement (“Placement Share”). The issue price of RM1.85 per Placement Share represents a discount of approximately 7.82% to the five (5)-day volume weighted average market price of Gadang Shares up to and including 18 April 2016 (being the last market day prior to the Price Fixing Date) of RM2.0069 per Gadang Share.
The payment from the placee(s) are expected to be received within five (5) market days from the Price Fixing Date.

global commodities on uptrend in general, due to negative interest rates and easy monetary policy,today the play is on oil and gas stock , later palm oil stocks

5 % export tax on crude ,unrefined palmoil is not an issue,not to worry; refined palmoil is still tax free, an advantage over Indonesian oil , with carry a levy of 50 usd per tonnes for all forms of oils on exports.

if u striked 4-ekor 4 digits once , it doesnot means you will strike next time .how silly!

don't be silly, you could be charting a way to holland, may be .more or less.

isposed 07 Apr 2016
3,000,000 1.550
Disposed 07 Apr 2016
1,000,00 1.620
Disposed 08 Apr 2016
1,000,000 1.550

Circumstances by reason of which change has occurred

1) Disposal via married deal
2) Disposal via open market
3) Disposal via married deal

you should go and speculate on Soyabean futures ,soyaoil futures , instead of mumbling on palm oil stocks.

according to last annual report, this director is holding 38m shares , now seen disposed 5 m shares,

a newbie in town , wondering about this and that.

forget it about rsawit , its monthly production is around 2600 tonnes a month, earning not enough for directors fees.

Don't be silly, cpo price manages to maintain at current level around 2700 is already a fantastic earning figure for plantations, cost of production is areound 1600-1700/per tonnes.Forget the boastful rubbish of 3000 or more etc ,etc.totally out of their minds.

http://www.orientaldaily.com.my/nation/gn216202015370

good news is Bank Negara is about to relax rulings on Housing Loans .

any one know how log is priced, if you find out the log price, then can calculate the income from log. CPO is rather easier , just multiply with price derived from Futures market, expenses can take from last year annual report , there more or less can get roughly the estimate.