@newbie8080 no surprise, thanks for the input, knows more about who is behind this counter 😀

Curious, they operate sushiking, which is badly affected by the incident

This sounds smarter 😃

Agreed

The Group posted a loss before tax of RM152.26 million for the current financial quarter as compared to loss before tax of RM31.67 million recorded in the previous corresponding quarter. The significant decrease is mainly due to fair value loss of an associate.
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which associate? anyone know?

Truly expert

Change in Boardroom
HEKTAR REAL ESTATE INVESTMENT TRUST

Date of change 11 Jun 2024
Name MR JOHARI SHUKRI BIN JAMIL
Age 52
Gender Male
Nationality Malaysia
Designation Chief Executive Officer

SUDDENLY resigned, 24-hour notice?

Capital reduction 10 to 1 had already been done in 2022 .... the price now is equivalent to approximately 15sen before reduction

Every single far from reach event will be trumped as rosy dream

Toto the other way round

Price laggards

Dishonest person always try to mislead naive

Dividend 17sen?

one-day show?

Debt increases to 2.182b from 1.161b one year ago

Financial cost increase 28.83m, Hedge of net investment in foreign operation difference 16.63m.

Q423 (m)
Revenue 1801 (1131 -2022)
Op profit 78.76 (50.26 -2022)
Financial cost -48.91 (-19.78 -2022)
Taxation -16.73 (-11.87 -2022)
Hedge of net investment i foreign op -1.99 (+14.64 -2022)
Others -2.73 (+1.98 -2022)
Profit 15.25 (18.78 -2022)
Debt 2182 (1161 -2022)

Quarter Net profit 44.759m vs 0.457m (2022) was due to "Net of other overhead" +65.554m vs -13.803m (2022) but no clear explanation given,
B1 Review of Performance of the Group
The Group posted a pre-tax profit of RM 61.4 million for the current quarter as compared to the pretax of RM 2.5 million for the preceding year corresponding quarter.
B2 Variation of Results Against the Preceding Quarter
The Group posted a pre-tax profit of RM 61.4 million compared to the pre-tax profit of RM 3.8 million for the preceding quarter.

This make futures profit estimations extremely difficult.

Make some money from this counter, but will take note of the mentioned drawbacks .....

SEE_Research,
could you put your posts in more organised and readable manner, i feel quite difficult to read and most of the times, have to skip ......

UOBKH wishes to announce that the Board had on 5 December 2023 resolved to fix the issue price for the Private Placement at RM0.56 per Placement Unit.

The issue price of RM0.56 per Placement Unit represents a discount of 9.14% to the 5-day volume weighted average market price of Hektar REIT units up to and including 4 December 2023, being the last traded day of Hektar REIT units immediately preceding the price-fixing date, of RM0.6163 per Hektar REIT unit.

This announcement is dated 5 December 2023.

Thanks for the info. I noticed that the Q result released recently, the microchip division was slightly in loss, O&G and other divisions were in profit. However, most investors in this counter are aim for the microchips part.

Variation of results against immediate preceding 3 months ended 30 June 2023 ("Q2,
2023")
General Packaging division
Revenue of General Packaging division in Q3, 2023 was RM713.3 million, an increase of
RM42.2 million from immediate preceding quarter mainly due to increase sales volume in all segments. However, profit before tax of the division decreased by RM25.5 million to loss before tax of RM0.4 million in Q3, 2023 mainly due to higher pre-operating expenses incurred for the set up of a new aluminium can plant in USA, unfavourable movement in foreign currency exchange rate and higher interest expense and partially offset by lower distribution expenses.
.
.
The new aluminium can plant in USA is expected to commence operations before the end of 2023. As a greenfield project, it is only expected to contribute positive results to the Group in 3 to 5 years time.

soon9913, example, you and your partner opened a co, you own 51%, yr partner 49%. So, you are the owner of the co, but when doing acct. 49% of the profit goes to yr friend , this is called non-controlling interest (or minority interest). Yr friend reported this as share of profit of associate.

for this Muhibbah, the profit attribution is not consistent Q by Q, i.e. in Q2, Non-controlling interests (0.312m), Owners of the Company (5.132m). It could be some of the subsidiaries attribute their earnings in half a year quantum (or yearly?), I'm not too sure.

Number of shares issued 1.14billion, dilutes the earning.

Annualized EPS | P/E | EY
2.30 Cent | 32.57 | 3.07%

Although profit improved significantly, but most of it went to Non-controlling interests (20.865m), merely a small portion went to Owners of the Company (6.114m).

(sorry! the previous post mixed-up the Q1 & Q2 figures, repost as below:)

Qtr Revenue PBT PAT NP EPS(sen)
Q3 287,043 35,169 26,978 6,114 0.84
Q2 324,000 10,350 5,442 5,130 0.71
Q1 203,718 12,774 8,506 2,044 0.28

The shares for private placement still not issued yet .... will only be issued someday in the future

The issue price of the Placement Units is assumed to be RM0.55 each, which represents a discount of approximately 9.20% to the 5D-VWAMP of Hektar REIT Units up to and including the Revised LPD of RM0.61.

Based on the illustrative issue price of RM0.55, the Proposed Private Placement is expected to raise gross proceeds of up to RM41.71 million.

On 11 October 2023, UOBKH, had on behalf of the Board, announced that Hektar REIT intended to undertake a private placement of up to 20% of the total number of issued units of Hektar REIT pursuant to the Authority granted by unitholders at the AGM dated 6 April 2023 ("Previous Proposed Private Placement").

After due deliberation on Hektar REIT's funding requirements, the Board has decided to revise the structure of the Proposed Private Placement to entail an issuance of up to 15% of the total number of issued units of Hektar REIT to third party investor(s) at an issue price to be determined later.

Further details of the Proposed Private Placement are set out in the attachment enclosed.

This announcement is dated 7 November 2023.

Should issue the offer doc within 21 days after the announcement ..... now, LTAT should issue the offer doc ASAP ......

Q3 result was lackluster YoY as well as QoQ

CHLEONG888

Mark my words, potentially double up the price by end of the year if external environment is wonderful

1 day ago
~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Ok, I mark your words

the price wouldn't be double, may be you are new in REIT

This shows that you and speakup are different person bcos has contradict political stand from each other!

and only you know speakup post in this thread 😋

Posted by speakup > 1 week ago | Report Abuse
we have a "U" turn madani govt. just because some opposition politicians make noise, PMX no guts to stick to the agreement but bow to opposition. that's why speakup no longer support this no-backbone fake-reformist govt.
govt must compensate Klk for all the shares Klk bought around 1.50

Posted by speakup > 1 day ago | Report Abuse
1.43!
Ini kalilahhhhhhhhh!!!! All in!!!!!

Posted by speakup > 22 hours ago | Report Abuse

there we go again, hard earned tax-payers money wasted on bailout. later govt say have to raise this tax raise that tax cos no money. lousy govt!
klk deal was superior cos it involve 0 tax-payer money

~~~~~~~~~~~~~~~~~~~~~~~~~~~~
You mixed up using your IDs, you should use "stockraider“ for the,

1.43!
Ini kalilahhhhhhhhh!!!! All in!!!!!

still wants to self support?

Posted by firehawk > 2 months ago | Report Abuse

if you don;t care, you won't create different IDs to support yourself lah .........

honest is the best policy, don't think that you can deceive other all the time

Posted by firehawk > 2 months ago | Report Abuse

speakup
General Raider is not speakup
Speak up is not General Raider
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

If you are not stockraider, you won't be using the term like General Raider for him
you can deceive naive but not those sharp eyes

They think this is Islam because the leaders are from Parti Islam

Many Malays,especially the youth, probably get their understanding of Islam through PN leaders, like MB Kedah Sanusi Md Nor .... you can see the mega motorbike rally around the areas where election or by-election were held

Today's selling is due to margin call, would be subside subsequently

This saves the gov trustfulness a lot

Hope this time the offer @1.55 will go smoothly

Reference is made to the press release by LTAT dated 4 October 2023 entitled Mutual Termination on Strategic Collaboration Agreement ("SCA") ("Press Release").



The Board of Directors of BPlant wishes to announce that BPlant has received a letter from LTAT informing that the Press Release sets outs, amongst others, LTAT's intention to proceed with the general offer of BPlant at the offer price of RM1.55 per share notwithstanding the termination of the SCA, subject to regulatory approvals.



LTAT will make the relevant announcement or notification as and when required in accordance with the requirements of Bursa Malaysia Securities Berhad, Securities Commission Malaysia and/ or any other relevant authorities.



SHAREHOLDERS OF BPLANT ARE ADVISED TO EXERCISE CAUTION WHEN DEALING IN THE ORDINARY SHARES OF BPLANT AND TO SEEK APPROPRIATE ADVICE IF THEY WISH TO DO SO, AS BPLANT HAS NOT RECEIVED ANY FIRM OFFER RELATING TO THE GENERAL OFFER.



Please refer to the attached letter for further information.

This announcement is dated 5 October 2023.

The Edge reporting is correct/
KLK is also a victim, like many people here
We have an not caring gov, that let investors down

Pursuant to Paragraph 19.05(1) of the Rules, KLK has dealt in the ordinary shares of BPlant ("Shares"), details of which are set out below:

Transaction Date Transacting Party Description of the Transaction Number of BPlant Shares Transacted Average transacted price per BPlant Share^ (RM)
29 September 2023 KLK Acquisition of Shares via open market 6,108,200 1.4600
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I may say, until last Friday, KLK had no knowledge about the deal blew, and still acquire shares from open market @1.46.

If anything happens that cause investors losses is the gov (politic interferes business decision) or the Edge (published untrue /not confirmed news). Although there is saying that opposition against the deal but this is only noise that can't create real fear and turbulence, unless the gov make it happens.

BOUSTEAD PLANTATIONS BERHAD

Further to Listing Circular No. ILC-03102023-00002, kindly be advised that, at the request of BPLANT, the trading in the Company’s shares will continue to be suspended with effect from 9.00 am, Wednesday, 4 October 2023, pending an announcement.



As such, the trading in structured warrants relating to BPLANT will also be suspended accordingly.

breaches 1.50 again

Reminder,
On behalf of the Board of the Manager, CIMB wishes to announce that the Proposed Placement has been completed following the listing and quotation of 464,997,500 Placement Units on the Main Market of Bursa Securities today. The issuance of the Placement Units raised gross proceeds of approximately RM227.85 million based on the issue price of RM0.49 each.

With the listing of the Placement Units, the total enlarged number of issued CLMT units is 2,671,932,995.

This announcement is dated 13 March 2023.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

465 million shares issued @0.49 to raise RM228 million.

is very unlikely the deal blows ....this will damage the gov trustfulness !!

If buy @0.90, after getting the 85sen dividend, left 5 sen as cost .... a sure win bet, after div, could be 10sen or more ......

Gov provides chance to operators to manipulate

holders prepare money to subscribe RI