Haaa.. the edge reported that petronas will set up a new business entity to grow their RE business

I ain’t nostradamus but looking that we are facing with climate crisis with global warming and topsy turvy weather patterns..the need to accelerate the RE plant production capacity for Tenaga and local energy oil and gas players require bigcash fundings. There will be competition between Tenaga and oil and gas energy companies and one day do not discount there there will be a merger of some sort to create a regional RE energy player that can offer lower electricity costs for the households and industries and reduce carbon emmissions

Energy companies such as Shell areinvesting in RE..even our giant PETRONAS have stated their ambition to branch out to RE so it is exciting times gents

The High Court today had allowed with cost Tenaga Nasional Berhad’s ("TNB's") judicial review application to set aside the IRB’s notice of additional assessment dated 13 July 2020 for the year of assessment 2018. The High Court agreed with the submission of TNB’s legal counsel that TNB is in the business of manufacturing electricity and as such, TNB is entitled to claim reinvestment allowance on the capital expenditure which was incurred in the year of assessment of 2018 in the course of expanding, modernising and automating its business.

IRB fail to claim 1.8billion tax from TNB

Last dividend i got about 10k..this year i expect to be around the same

ex div date expected end of March

2 potential increast in interest rate hike by BNM this year will impact REIT

Air Asia is in the departure lounge to go bankrupt guys. It is inevitable

Problem already arise before pre covid in 2019

We are seeing the fall of Air Asia due to mounting debts and not enough revenue to cover debts

A few airlines company bankrupt already. Air Asia capital raising is not sufficient… Capital A will dispose aviation business

Founder keep disposing whatever balance he has since dec 2021

Analyst estimate Air Asia worth 19 sens

PN17 finally..rejoice for those who did not buy AA shares when it was at /rm1.10 at some point..despair for those who still think Tony can turn around AA.. AA was already loss making before Covid start

cabuuutt

Mahal laaa share loss making air asia

Bought2 branded luggages at Parkson yesterday at 60% sale

Dun worry even with the old RP2, Tenaga making good profitandgivesout gooddividends

Siapalah yang masih beli company zero profit ni

Witcher season 2 is on and yes they make more money than AirAsia

Air asia already losing money before covid…just matter of time before burn butcher burn…oooh valley of plenty

Stay away from AA - bankrupt sudah pasti

giant tenaga moving on up since early this week

well run company

Waaa. 11million units traded

Wear mask makes it less sickly hence lower than expected number of patients

9MFY21 PATAMI of RM33m (-62% YoY) came in below expectations at 31%/34% of our/consensus estimates. The negative variance from our side was due to lower-than-expected number of patients and higher-than-expected effective tax rate. This prompts us to cut our FY21E/FY22E net profit by 19%/13%. TP is reduced from RM1.03 to RM1.01 based on 28x FY22E EPS in line with historical 5-year forward mean. On lack of re-rating catalyst coupled with its new hospitals still under gestation that are likely to continue dragging earnings, we reiterate Market Perform.

Good good no ait asia has come down to a more realistic price. Still not out of the woods.

the coal price already down from the peak on 5th oct from US$269.50/t to 6th dec US$151.25/t

My dividend per year so far is 10k. My ungained loss range from 20k to 30k this year. So far my annual dividend cover provide cover half of my unrealized loss. So my net unrealized loss is between 10k - 20k so far

Based on the legal advice obtained from its tax solicitors, TNB said KEV is of the view that it has a good basis in law to contend that the assessments were incorrectly raised by the IRB.

Percayalah ini hanya sementera. Hakikatnya it is a cash dividend cow - duit masuuuk regardless

Kesiannya kena cut loss tak tahan tengok merah ya

hehe...

saya pun top up at 3.87 selepas beli pagi tadi at 3.94. Dividend ex date 9 dec 2021. at least dividend boleh cover broker cost

sell sell now!!

bought inari 1500@RM3.94...sell down due to tmrw bursa cuti - long weekend

They actually have generated some revenue from their toll concession business - perhaps certain section already open. Going to check out this weekend jalan jalan ekve

Based on AzRB recent qtr performance - i have just top up another 5k units at 0.225

Typo error kot

FGV Holdings made a strong comeback with core earnings of RM424m for 9MFY21 after stripping out net impairment loss of financial assets (RM7.6m) and net unrealized FX gain (RM5.1m). The 9MFY21 results beat our and consensus full-year forecasts, making up 128% and 122%, respectively. The stronger-than-expected results were mainly led by stronger plantation earnings and a sharp increase in earnings contribution from jointly controlled entity. No dividend was declared for the quarter. In view of the stronger-than-expected results, we revise up our FY221-23F earnings forecasts by 54%-100% after imputing in higher profit margin for plantation segment. Consequently, we raise our SOP-based TP from RM1.59 to RM1.62. We also attach a 20% discount in our valuations in view of the prolonged measures taken to address its ESG concerns.

Topline driven by stronger plantation sales. The Group 3QFY21 sales rose 33% YoY to RM5.3bn contributed by plantation and logistics segments despite weaker sugar sales. Plantation sales jumped 41% YoY to RM4.6bn as realised CPO prices advanced RM2,645/mt to RM3,798/mt despite a 14% drop in CPO production. Meanwhile, 9MFY21 FFB production fell 10% YoY to 2.92m mt, translating into a lower FFB yield of 11.53mt/ha. OER was slightly higher at 20.35%. Meanwhile, sales contribution from 51%-owned sugar business dropped 7.7% YoY to RM548.7m, attributed to a 22% decline in sales volume due to prolonged lockdown and also partly due to annual planned maintenance. Meanwhile, logistics sales rose 4.9% YoY to RM83.5m, underpinned by improved contribution from bulking (+8%) segment, partially offset by weaker transport (-6% YoY) segment.
3QFY21 core earnings surged to RM401m. The Group saw its core earnings jumping from RM218m to RM401m. The plantation pre-tax profit doubled to RM481.2m. Sugar would have made a loss if not because of the gain from liquidation of excess raw sugar hedges amounting to RM30.9m. Earnings contribution from logistics segment rose 41% YoY to RM20.9m, attributed to higher bulking and transport earnings.
Expecting foreign workers to arrive by end-1Q22. The Group, which is currently operating at 70% workforce, expects the first batch of the 7,000 foreign workers that it plans to hire to arrive by the end-1Q22 due to stricter Covid-19 compliance. It added that the impact on production would only be seen by 2Q 2022. Meanwhile, the site assessments by Elevate, which is the independent auditor appointed to assess the group’s operations against the 11 international Labour Organisation indicators of forced labour, is expected to commence in the 1H 2022. Lastly, the upstream plantation has completed 7,573ha of felling and replanted 521ha as at 3QFY21.
Source: PublicInvest Research - 1 Dec 2021

Waa fantastic quarter results FGV

The EKVE highway is expected to be ready by the end of 2022,” said the deputy minister in the Dewan Rakyat today.

He was responding to a query from Temerloh MP Datuk Mohd Anuar Mohd Tahir who asked for details on the completion of the highway.

The EKVE is part of the Kuala Lumpur Ring Road which passes through Bandar Mahkota Cheras, Jalan Hulu Langat , Ampang Reserve Forest and ends at the Middle Ring Road 2 (MRR2).

The highway involves the development of a dual two-lane route which begins from Sungai Long in the Kajang Dispersal Link Expressway (Kajang SILK) until MRR2 in Ukay Perdana.

EKVE spans 36.16km of which 3.5km involves upgrading work in Jalan Ukay Perdana.

Well done AZRB..good profit generated

Today qtr results out?

Today qtrly result out?

Seems like good news to me

The group expects to return to the black with retained earnings of RM1.05 billion after the capital reduction exercise.

Decent dividend of >4% with potential Special dividend again payable in 2022