cut at 43.5sen

locked profit at 21.5sen

breakout

sold back at 40.5sen, cut to free capital due to absence of HSR news

Stay above 30sen support level, chicken and egg price continue stay elevated. Export market is demanding as many countries facing shortage in egg supply, Japan, korean, taiwan, uk, us etc

Still facing resistance level at 54sen, chicken and egg price continue stay elevated in pricing and demand volume

added more LBS at 46.5-47sen

locked profit at 61sen

bought LBS at 40sen

swap YTLP at 94.5sen to add more YTL at 60sen

swap all to add more YTL at 60sen

locked profit at 94.5sen

According to Bernama, local media reported an almost 30 per cent shortage of fresh chickens in the market. This has caused an increase in the price for the poultry.

......The price of chicken at the retail level was reported to have risen to RM11 per kilogram since the start of Ramadan and is forecast to rise to RM11.50 in the near future.....

The feedback received from the egg wholesalers stated that the main factor behind this sudden drop is due to lack of eggs received from farm operators. It is due to the increasing demand for eggs during Ramadan and the farms prioritise their own local market first.”

https://www.channelnewsasia.com/asia/malaysia-chicken-supply-adequate-sufficient-hari-raya-puasa-cost-living-3376181

According to Bernama, local media reported an almost 30 per cent shortage of fresh chickens in the market. This has caused an increase in the price for the poultry.

......The price of chicken at the retail level was reported to have risen to RM11 per kilogram since the start of Ramadan and is forecast to rise to RM11.50 in the near future.....

The feedback received from the egg wholesalers stated that the main factor behind this sudden drop is due to lack of eggs received from farm operators. It is due to the increasing demand for eggs during Ramadan and the farms prioritise their own local market first.”

https://www.channelnewsasia.com/asia/malaysia-chicken-supply-adequate-sufficient-hari-raya-puasa-cost-living-3376181

Bandar Malaysia, transport hub for HSR

YTL was previously appointed as one of two project delivery partners (PDP) for the now deferred Kuala Lumpur to Singapore HSR project. YTL submitted a bid for the role via a 70:30 joint venture (JV) with TH Properties (THP). The other consortium appointed for the PDP role previously was MRCB-Gamuda (50:50). The YTL-THP JV was selected for the southern portion of the alignment (Johor portion) and MRCB-Gamuda for the northern portion (KL to state border of Melaka-Johor).

Ytl is link to previous HSR, mega project contract for Southern part, johor linking Singapore

bought back YTL at 58sen

EPF is buying, next resistance level st 95sen

need more breakout momentum and sustain above 90sen

Anwar and PM Lee may together hold talk with China gov on HSR financing package

HSR is big impact to boots up Malaysia economic, the link is NOT only to connect KL-singapore, but link up to Thailand ended in China in line with RCEP roadmap for better cross border trading

:D)

:D)

Dividend Payable
Announcement on the final dividend for the financial year ended 31 December 2022 will be made
upon the finalisation of the Audited Financial Statements in March 2023

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3330405

It will declare within these week. Stay tune

Anwar and Loke will visit China high speed railway.

bought more malakroff at 69.5sen

HSR is key catalyst for ekovest

bought ekovest at 40.5sen

Upon completion of the disposal, the group will recognise a gain of RM2.21 billion, based on the carrying value of the investment as at June 30, 2021.....
https://www.theedgemarkets.com/article/ytl-power-dispose-entire-stake-australias-electranet-rm3-bil

YTLP indicate the disposal realize net gain RM 2.2 billion, but in actual only RM 1.2 billion recorded which is due to Austrialia impose 50% capital gain tax on YTLP disposal gain last year. YTLP is seeking to waive capital gain tax due to the electranet stake is long term investment, but, unsuccessful.

If appeal granted, YTLP will able to recoup back RM 1 billion from last year transaction already

bought teoseng at 81sen

sold at 74.5-75sen, locked profit

cut at 40sen

Expect dividend 2.5sen

Teoseng is LHI subsidiary

cut rhb at 5.46-5.47 due to global banking risk

Inflation - food price hike - chicken and egg

bought cck at 71sen

Inflation - food price hike - chicken and egg

Inflation - food price hike - chicken and egg

Chicken and egg price not only increase locally, but also globally like in US, UK, taiwan etc. Feedstock cost like soya, corn are ease off and normalize back but selling price remain elevated. US currency also on weakness, further reduce import cost, boosting up profit margin. Ceiling price will be lifted in next 2 month, selling price will base on market demand

Chicken and egg price not only increase locally, but also globally like in US, UK, taiwan etc. Feedstock cost like soya, corn are ease off and normalize back but selling price remain elevated. US currency also on weakness, further reduce import cost, boosting up profit margin. Ceiling price will be lifted in next 2 month, selling price will base on market demand

The factual is LHI, IPO price at RM 1.10, now slash more than half price and yet earning is recover back to above IPO profit. Now, it need more time to prove that is earning recovery is sustainable forward. Chicken and egg price not only increase locally, but also globally like in US, UK, taiwan etc. Feedstock cost like soya, corn are ease off and normalize back but selling price remain elevated. US currency also on weakness, further reduce import cost, boosting up profit margin

bought LHI at 52.5sen

sold all balance at 1.22-1.23

sold all balance at 94-95sen

Accumulated back all ytlp at 86sen

bought back ytlp at 86sen

bought more layhong at 28.5sen