Painfully sold all cmsb today after holding for 4 years. Very disappointing result. Phosphate division loss widening with zero revenue. Legal proceeding with SESCO poses great risk and financial burden for the group as CMSB s holding 72% share in CMPI. Profit of 50 million from cement segment offset by 50 million loss from phosphate segment. CMSB needed new major shareholder with Norges support. Until a new major shareholder comes in with at least 20% stake and revamp management, it is better to stay at sideline and observe this counter.

It depends on which type of investor you are.
PENERGY is a stable counter for dividend and suitable for long term investors. Not a popular counter with retail, funds and institution now. Has low trading volume. Has high dividend payout and might be growing. If you like to keep for long term, this will be more suitable for you.
Hibiscus and Dialog has higher trading volumes and more Funds and Institutional investors, price can soar up quick but will also drop quick. Dividend is rather low. If you like to trade, this counter is more suitable for you.

@rahulsk1947 Sentral REITS is still paying 2 times dividend. From previous trend, they will announce second dividend or Q4 dividend in January but this year they give out earlier. This year's dividend is lower than former years at 6 cents or 7%. This early dividend maybe due to inclusion of Menara CelcomDigi into portfolio as Q4 result in January 24 will include income from Menara CelcomDigi.

Please read from quarterly announcement.

B1. Review of performance.
(f) Phosphate Division - The commissioning of the four furnaces was completed in December 2022
as planned. The commercialisation of the business is currently being implemented.

We should avoid arguments on forum. Lets focus on the good things. What do you find interesting on your research with this counter. Many of us have been holding on this stock for years with so much roller coaster ride this 3 years.

is this good or bad news?

https://www.theborneopost.com/2021/11/12/association-concerned-by-sarawaks-cement-shortage-this-month/

@sims

Please do not spread fake news. I am also shareholder of CMSB. The Q2 result clearly stated no progress on MPAS plant as of August 2021. They are still waiting for engineers from China to do commissioning of machinery. A more hopeful date for MPAS to commission will be by year end. Other divisions are recovering but facing shortage of manpower due to Covid SOP and foreign workers intake limitation. Hopefully the cases comes under control and government can open up intake of foreign workers.

Despite all the setbacks, the current price point is still very much undervalued for CMSB.

Bursa is a funny place. CMSB drop like shit while their partner limit up.

we dont know know what target the want it to fall. on the safe side wait for sbb

i think dont buy today. If still no share buy back today means will continue to drop

resigned directors only have 60,000 shares, they cannot cause this big sell down. even managing director hold 0 shares, but he holding 1,000,000 warrants. big blocks selling. question is who is accumulating.

This falling knife is too sharp to hold. Avoid touching it for now. Operator letting it fall on purpose. Just sit and watch on the sideline until price stabilize.

If no share buyback today. I think price will still go lower. Seems like it is made to go lower.

Averaging down. Agree with Investor48, buy bit by bit. Boardroom tussle? Big blocks are changing hands.

Very interesting development. https://malaysiastock.biz/Company-Announcement.aspx?id=1325467

OM Holdings will delist from Australia Exchange and list in Malaysia. I foresee this as a sign that OM Sarawak (JV with CMSB) will be undergoing major expansion.

when they start buyback share its time to buy

The current lockdown implemented by Sarawak starting tomorrow 29 May to 11 June will allow economic activity. However, they will review the plan by federal government and decide whether or not to follow suit.

https://www.malaymail.com/news/malaysia/2021/05/28/covid-19-sarawak-wants-to-see-sops-before-signing-onto-putrajayas-total-loc/1977833

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3160177

https://www.thestar.com.my/business/business-news/2021/05/26/pa-resources-secures-supply-agreement-extension-worth-rm800mil

https://www.theedgemarkets.com/article/pa-resources-secures-first-solar-contract-extension

CMSB did not execute any share buybacks last week when price is so so low keep us puzzled. If CMSB starts buy back shares, it would be safe to say the price is at its bottom. I have bought at 1.65 and it kept dropping. But am still confident with the company big turn around in Q3 2021.

CMSB division OM Materials, Kenanga and Sacofa should do well in Q1. A little disappointment with MPAS project not being able to meet target delivery of Q4 2020. MPAS is a RM 2.2 billion investment on phosphate manufacturing plant at Samalaju Industrial Park expected to start operations in July 2021. This project should contribute substantially to the company as the commodity prices now are at almost all time high.

And bauxite which is raw mat for aluminium is dropping, I cant seem to find the answer. You can see increased margin for all aluminium downstream players this 2 quarters. LB Alum latest result has reflect the margin improvements and raw mat prices are still not recovering as of now. Bright outlook for aluminium players this year.

https://www.theedgemarkets.com/article/jaycorp-temporarily-shuts-down-jv-ops-batu-pahat-10-days-28-workers-test-positive-covid19

DK, please add me to the group

1. DRB 30%
2. CYPARK 30%
3. RANHILL 15%
4. HSPLANT 10%
5. JAKS 15%

Check out the WTE facility at Port Dickson

https://www.youtube.com/watch?v=CkdHkMEuUVY

ESOS again! Win liao lor the management!

Why need EGM on 3rd Dec to vote for resolution on additional business nature? Why cant they arrange to vote same time tomorrow? Newbie here. Anyone can explain?

This news only reflect results for Q4. But this news is actually good news for TeoSeng in long run. Because smaller farms will be closing due to problem with cashflow. Egg price and sales will increase for them with less competition then. That is what happened in China during MCO where smaller factories all close down. Now the large manufacturers have too much orders with much higher margins because of less players in the market.

Tomorrow 9am Ageson AGM.

AGESON (7145) just came out 1st Prize in DAMACAI today. Ini kalilah!

All I can say is if they expect to earn 30% in days. They should stop looking at this counter. Just go buy gloves or gold.

Good rating for Pestech. 1st tranche of Sukuk funds coming. Pestech Cambodia will enjoy lower tax rate after listing because tax rate is lower for listed entity in CSX.

https://www.ram.com.my/pressrelease/?prviewid=5388#:~:text=Published%20on%2027%20Jul%202020,Programme%20(the%20Perpetual%20Sukuk).

Wat is going on with this counter. Like warehouse sale.

This is very good move. With interest rate at record low, it is only wise to refinance all corporate borrowings. This move will save substantial finance cost.

Check out the volume in June 2020. Surprised me. I thought May was highest.
https://www.ceicdata.com/en/malaysia/bursa-malaysia-turnover-volume/bursa-malaysia-turnover-volume

thks JC2020YES for your info.

https://paultan.org/2020/06/02/proton-saga-best-selling-car-in-malaysia-in-may-2020/

Transaction volume up by 30% in Q1. Bursa revenue up by 20% Q1, N2N Q1 local revenue up by only 5%. The rest of the volume gotta go somewhere. Its either the remaining increased volume go to EForce or to the new force RakutenTrade.

Q1 was affected with foreign exchange loss of 800k and hike in tax about 700k (Maybe someone can explain why tax suddenly jump 100%+ for Q1). This 2 factors had affected the PAT for Q1. If not, profit would be quite handsome

Have been watching quite a few Proton trailers this week on the road. Sales should be good.

QR not out. Previous years it should be out today. My bad. Anyway good run today.

QR should be out today evening. May declare dividend as well. I think investors are optimistic and do not want to miss the gap up next Wednesday.

QR will be out this evening. Last chance to buy before fly on next Wed

is RakutenTrade system maintained by N2N?