The Body Shop collapses into administration with thousands of jobs at risk

https://finance.yahoo.com/news/body-shop-collapses-administration-132934275.html

Never understand why someone want to rationalise their decision to sell in public forum. if want to sell, then sell. no one interested to know, keep your thought process to yourself. happy with 4% p.a. then sell.

Singapore Changi Airport’s passenger volumes are expected to reach pre-pandemic levels in 2024, the country’s transport ministry said in a written response to parliamentary questions.

Monthly passenger traffic recovered to around 90% of pre-Covid levels in December. For the full year of 2023, the airport handled 58.9 million passenger movements, or 86% of traffic recorded in 2019, the ministry said.

Singapore tourism on recovery path, bodes well for GENS

PE 100x crazy. wont touch this stock with a ten feet pole. Greatec is better buy

https://www.cnbc.com/2024/02/01/singapore-tourist-arrivals-double-in-2023-thanks-to-china-indonesia-malaysia.html

Uzma Bhd's subsidiary Malaysian Energy Chemical & Services Sdn Bhd has accepted a contract from Hibiscus Oil and Gas Malaysia Ltd for the supply of chemicals and related services for PM3.

In a filing with Bursa Malaysia, Uzma said the contract will be for a period of five years, effective Nov 16, 2023, to Nov 15, 2028.

Its value will be based on work orders issued by Hibiscus Oil& Gas during the contract period.

Yinson Renewables acquires 97MWp Matarani solar project in Peru

Yinson Holdings Bhd’s renewables business unit, Yinson Renewables has completed the acquisition of the 97 MWp Matarani Solar Project in Peru from Grenergy Renewables.

The project is located in the Mollendo desert in the Arequipa region, one of the world’s highest solar irradiation areas, Yinson Renewables said in a statement.

Most of the project’s energy has been contracted through a power purchase agreement (PPA) with a bankable off-taker for the next 15 years,

Yinson Renewables said Project Matarani is currently under construction and is expected to enter commercial operation by third quarter of 2024.

In addition to the SPV acquisition for about US$25mil, Grenergy is providing a full turnkey engineering, procurement, and construction contract for the construction of the project and is entitled to further earnouts (collectively valued at about US$65mil).

Grenergy will also provide the operation and maintenance service for the plant for the first two years.

Once in operation, Project Matarani will inject about 260 GWh of renewable energy into the Peruvian grid annually, enough to satisfy the energy needs of about 62,000 Peruvian households and prevent the emission of more than 56,000 tonnes of CO2 per year.

Dialog "shareholder value destruction"?

Over the last 3 years, dialog share price has seen continued sell down relentlessly. even to the extent, of getting itself being kicked out from FBMKLCI. if one take a cursory look, you will be left wondering what happen? is there any significant deterioration in its fundamentals? lets try to find the answer in the numbers

FY2018 - 2023
Revenue
3,111
2,386
2,303
1,610
2,319
3,002

Net Profit
528
552
648
543
506
521

NP margin
17.0%
23.1%
28.1%
33.7%
21.8%
17.4%

ROE
15.40%
14.70%
15.90%
12.50%
10.50%
9.60%

With valid reasons, the selldown is not entirely unreasonable as the company's profit margin and ROE has seen erosion over the last 3 years.

Dialog used to enjoy premium valuation, driven by its high growth prospect and strong ROE of 14-15%. the question now is, can Dialog improve its ROE in the near future?

ROE 11%
Book value 1.51
Assuming P/BV 1x, TP at least 1.51

Dato Mohamad Nasir bought 10k stocks at 19.70

He is Director of RHB, MRCB, Yinson, UTDPLT and Plus Malaysia. Impressive.

PE only 6x. hold on

wow UZMA is damn strongggg

MR LOH HANG PAI @ LOW HENG FONG (a company director) acquired 135,800 shares on 19-Jan-2024.

19 Jan share price ranges 19.26 to 19.60

welcome @hng33

you are here means we can further ride the upside. what's your trading plan?

EPF keep buying GENP

The past is past. New management is much improved. Their average age of palm tree is 14 years. Bullish CPO bodes well for them.

CPO above 3.9k. bullish

Stay chill and eat dark chocolate. Dark chocolate is rich in minerals, such as iron, magnesium, and zinc. it can have various health benefits, including reducing inflammation and decreasing the risk of heart disease.

Despite market weakness this week, GENP is holding up well.

Even broke RM20, its still about 12x PE for the most profitable and best in class Plantation company.

Their sizeable landbank is valued at more than RM5billion.

Deep assets value stocks are in play. KSENG, INSAS. Don't miss out on OSK and ORIENT

2018: EPS 20.5 sen (SPr: 9.06 to 10.72)
2019: EPS 16.6 sen (SPr: 9.36 to 10.80)
2020: EPS 28.4 sen (SPr: 8.50 to 10.80)
2021: EPS 48.2 sen (SPr: 6.46 to 9.93)
2022: EPS 52.5 sen (SPr: 5.55 to 9.58)

Pre-covid, GENP trades at RM9 to RM10+
Last 2 years, GENP record profit, however valuation multiple was much lower due to high interest rate environment. As rates are anticipated to moderate lower, expect PE multiple re-rating.

I predict JTIASA can achieve at least 6 sen EPS in coming quarter and declare 2 sen DPS.

Thanks Phillip Capital!

Phillip Capital has initiated coverage on integrated energy and technology company Uzma Bhd with a “buy” rating and 12-month target price at RM1.30 pegged to 10x PE (price-to-earnings) multiple on 2025E earnings per share

Hong Leong Investment Bank Research (HLIB) has maintained its "buy" rating on OSK Holdings Bhd, with a higher target price of RM2.04 (from RM1.77) based on a 30% discount to a revised sum of part-derived valuation of RM2.91.

Cheers!!!

the crown of the jewel is in GENP. they are sitting on a huge tracts of undeveloped lands....17k hectares of freehold land waiting to be monetized. huge monetary value of landbanks and low share capital base.

@enigmatic [bamboo investing style] not entirely true, if you have patient capital. getting pay decent yields while waiting, eventually (due to some fortunate circumstances) value may be unlock/

Recent examples, Keck Seng and OSK

Their combined stakes in Genting SG (52.7%), Genting MY (49.5%) and Genting Plantation(55.4%) already worth more than RM10 per share. Assuming other assets assigned zero value. Adjusted for debt, their SOP is still around RM7.

@SinGor i share your sentiment too. this undervalued conglomerate has been shunned and unloved for far too long. its time to shine. HL initiated coverage last year. The Edge had included OSK as their top 2024 pick.

The Silver Valley Technology Park (SVTP) development in Kanthan is expected to bring in RM14bil foreign direct investment (FDI), says Datuk Seri Saarani Mohamad.

The Perak Mentri Besar said this RM1.03bil project would also create 13,000 new job opportunities for the people of Perak.

Saarani said he was optimistic that the development of SVTP would provide an alternative for Perak-born graduates to return back here to contribute to the state through the job opportunities provided.

“SVTP, which is located in a strategic location between the Kanthan Industrial Park and Meru Raya Town, already has a supporting ecosystem including existing basic facilities which provides an added value in attracting investors.

“To ensure that the SVTP is capable of being a catalyst for the state's industrial development and becoming the country's new industrial hub, aspects of quality and safety will not be compromised,” he said.

Saarani told reporters this on Monday (Jan 8) after witnessing the Joint Venture Agreement ceremony between Perak State Development Corporation, its subsidiary Perak Corp and Advancecon Holdings Berhad on the establishment of the park.

GENS $1 - MC $12billion. GENT owns 52.6% stake.

Genting's holding of Genting Singapore is already RM5.54 per share.

Tenaga is best proxy for electrification. The grid of the future will mean more electricity to generate, distribute, and manage. Production and consumption of electricity will see higher demand from power hungry data centres, proliferation of EVs, shift to renewable sources and also AI computers.

The capital spending to upgrade the grid means more sales and earnings growth for TNB as regulator will allow utilities to earn a return on their outlays.

Also, construction boom will boost their IBS segment.

Embedded within this conglomerate's industries segment is Cables business. Cables are in high demand now...with shortage in supply, unable to cope with rising demand from RE transitions....Tenaga (grid enhancement/investments), data centres and solar projects. Look at SCABLE, attracting massive interests lately.

JOHOR’S state government has proposed that its business hub Iskandar Malaysia be designated as the special economic zone being planned between Singapore and Malaysia.

Iskandar, which was conceptualised as an economic growth corridor in 2006, spans 2,217 sq km across southern Johor, an area three times the size of Singapore. It includes Johor’s heavy industrial zone Pasir Gudang, its capital city Johor Bahru, Iskandar Puteri, Kulai, Sedenak and part of Pontian town.

Hold tight. Insiders are buying

Global semiconductor capacity is expected to increase 6.4 per cent in 2024 to top the 30 million wafers per month (wpm) mark for the first time after rising 5.5 per cent to 29.6 wpm in 2023, SEMI announced in its latest quarterly World Fab Forecast report.

Johor theme in play. GENP is a laggard. They have more than 10,000 hectare of freehold land in Johor (Batu Pahat, Kulai, Air Itam, Simpang Renggam).

2024 is Yinson's inflection point in turning around their CF. stay invested.

Im interested to try for the first time.

GENTING - 20%
YINSON - 20%
MFCB - 20%
SHANG - 10%
GCB - 10%
GENP - 10%
SKPRES - 10%

Jaya tiasa's 69,589 hectares of prime trees are worth much more. Current valuation is too cheap.

Up_down

Rsawit sold most of their unplanted lands and old trees. Young and prime mature lands represents merely 2,609 hectares out of 9,935 hectares.

Rimbunan Sawit Bhd (RSB) is disposing of five parcels of agricultural land collectively measuring 9.935 hectares in Miri, Sarawak, to Mahawangsa Sungai Bok Plantation Sdn Bhd totalling RM165mil.

This works out about RM16,608 per HA.

No idea when it will pecah. but if you believe in country's energy transition. then Tenaga is the best proxy play.

Fears of higher oil prices after Red Sea attacks - Attacks on commercial ships in the Red Sea risk pushing up the price of oil and other goods, analysts have warned.

Several firms have paused shipments through the route after vessels were attacked by Houthi rebels in Yemen.

The world's second largest shipping line, Maersk, said on Tuesday that it would reroute some of its vessels around Africa's Cape of Good Hope.

Deja vu? Yes, because similar incident happened back in 2021
Suez Canal blockage - The massive cargo ship Ever Given has completely blocked the Suez Canal, a vital trade passageway for as much as 12% of the world’s seaborne trade. A prolonged blockage could lead to “significant disruptions to global trade, skyrocketing shipping rates, further increase of energy commodities, and an uptick in global inflation,” JPMorgan warned.

Higher P/BV is fair, a testament to UP's higher efficiency gains. Be it their ability to generate higher profits per dollar of capital employed. or higher yield extracted per acre of farmland.

How can UMCCA trades at 28x PER vs. UP 10x PER. Anyone can enlighten me?

The balance of $65 billion will be invested to develop oil-producing assets. According to the Strategic Plan, $22 billion is set aside for projects in the Campos Basin with four new floating production storage and offloading (FPSO) vessels to be put in place by the end of 2028.

One fact you need to understand about Brazil. Is that most of Brazil's production is offshore and most of its truly promising fields are not simply under the two miles of ocean, but under an additional two miles of seabed.