@rr88

Looks like you're interested to buy it at RM1.20, else not even a TP is worth for farm fresh since the biz is not viable as you pointed out.

@paktua73

You sold almost 1 mil shares.
You should hold until you join the AGM next few months so that collectively we have more minority shareholders voice.

Laos Pushes Forward With Seventh Mekong River Dam Project
https://thediplomat.com/2022/04/laos-pushes-forward-with-seventh-mekong-river-dam-project/

Everyone is speculating many things here.
Anyway, every 3 months will have quarterly results.
Any delay will be easily reflected and spotted in the quarter result since DSH earnings represent almost 50% of total revenue.

Yup, GS25
Another korean mart. Targeting 500 outlets in 5 years.

@paktua73

You have more chances to bring your average lower.
What is your next price to go in?

@paktua73
Congrats...you finally got it twice.

@NatsukoMishima

Why 1.50 and how you get this no?

https://www.theedgemarkets.com/article/citi-warns-oil-may-collapse-us65-yearend-recession

@Souljaboiiii
@HengyuanZai

Let the coming quarter results do the talking and we will see who is right or wrong.

@HengyuanZai
Point noted.
Just like Souljaboiiii, he too has some concerns.
Then MFCB is not your cup of tea.
You can look for other stocks which has zero hidden problems.

@Souljaboiiii

Then MFCB may not be your cup of tea.
You can try other stocks which have less or zero dependent on commodity price.

@SooHai

It doesn't seem to drop further below RM2.50 since March 2022.
Maybe a strong support?

@snowball2000

Since 1 year ago, the share price have hover range bound between 3.35 to 3.70.
Nothing to be concerned about.

@Souljaboiiii
Emery focus on oleochemicals especially specialty chemicals.
Input cost can be passed on to customers depending on types of chemicals and their margin.
No concern here also.

@HengyuanZai
Nothing to share on the reason?

@paktua73
You didnt capture 0.90 last last friday

@Mini2021
Let's see when the moratorium period is over on 23th September 2022 onwards.

@HengyuanZai

https://www.thestar.com.my/aseanplus/aseanplus-news/2022/03/28/australia-to-singapore-solar-power-project-clears-another-hurdle

It's possible.

@LongTermInvestor8
Thanks for the details.
Looks like just posted today by PBB.
Good thing Finance Minister addressed on this concern a few hours ago.
Lao Finance Minister Bounchom Oubonpaseuth has assured National Assembly (NA) members that public debt is still manageable, despite the total amount remaining considerable, Vientiane Times reported.
https://en.vietnamplus.vn/laos-public-debt-remains-manageable-minister/231465.vnp

@LongTermInvestor8

It was a one time off delay in 2020.
Since then, didn't hear any more delays.

@treasurehunt
I believe the company will get another 5-year extension

@SooHai
Some of us not traders.
If the company is fundamentally good, getting in at a good price and keep the company as they grow their topline and bottomline is a much better option.

@paktua73
All the best.
Hopefully, you managed to catch it this round.

@LongTermInvestor8

Don Sahong has COD since Sept 2020.

Didn't see any news from Management on the delay in payment during AGM or bursa news.

@nickinvests

Without a good dividend yield, it would still be volatile.
It's almost 10% off it's 52-week high.
Probably slow down as it reached closer to 3.35

KOTA KINABALU (June 10): The Sabah government remains fully committed to pursuing all its constitutional and legislative rights to recover the State Sales Tax (SST) due for the sale of petroleum products from both Repsol Oil and Gas Ltd (REPSOL) and SEA Hibiscus Sdn Bhd (SEAH).

Sabah Second Finance Minister Datuk Seri Masidi Manjun said the step is in accordance with the State Sales Tax Enactment 1988.

https://www.theedgemarkets.com/article/masidi-sabah-committed-recover-state-sales-tax-repsol-sea-hibiscus

It's sad for Hibiscus not performing at this high crude oil and gas season.
I believe it's partly affected by news of UK windfall tax of 25%, inconsistent in off-takes, subsea riser malfunction and the recent Sabah SST tax concerns.

Barriers to entry for glove manufacturing seems low.
Many smaller players are able to start it easily.
However, large and established players eg: the top 4 glove makers have lower cost advantage due to their economies of scale.

North Sabah contribution estimated for Q4 is abt 1.2 mil bbls including missing offtakes from Q3.
with 5% SST removed, could boost bottomline by RM12mil to RM15mil.

When the next qr results coming, everyone will rush to buy in the expectation of the offtakes missed in Q3 will be reflected in revenue and net profit.
Just sit and watch

@NatsukoMishima

It will not be terminated per se
It's either Cocoaland management accept or reject the offer.

https://www.cnbc.com/2022/06/06/cramer-buy-the-dip-in-oil-stocks-stay-away-from-everything-else.html

Opec will increase another 200k pbl in July and August. Seems they need at least 12mth-15mth to replace the 1.8mil pbl crude oil supplied to EU which is 90% ban by year end.
Russia currently supplies crude oil of 5 mil pbl and 36% goes to EU bloc.
https://www.cnbc.com/2022/06/02/oil-prices-eu-sanctions-russia-saudi-arabia-output-opec.html
https://www.cnbc.com/2022/05/31/oil-prices-eu-russian-crude.html

Actually, crude oil above USD100 pbl is already very profitable for o&g companies. Whether is USD110 or USD120, it's matter of earning more or a lot more.r
In view that, 2 major o&g companies ; Serba and Sapura have collapsed, that leaves the investing community with only Yinson, Dialog, and Hibiscus in Bursa.

@steady31
Are you sure you are looking at the right chart?
With exception for the panic selling at the early stage of pandemic in March 2020, from Jan 2020 to June 2022, the stock price (adjusted for stock split) appreciated 44% excluding dividend. If you had collected it during the march 2020 selloff, you would have made 140%.

https://www.dairyindustries.com/news/38102/lactalis-unseats-nestle-in-2021-global-dairy-top-20/

I think many people are getting frustrated with the company's ongoing issues whereby the great assets are not able to translate into great earnings consistently as expected.
There's many great o&g companies out there too eg: Occidental Petroleum Corp, Chevron Corp, Devon Energy Corp, etc

The windfall tax would affect around 10% of the earnings from UK.
It's a small gesture to provide cost of living assistance to the British in this difficult times.

My opinion is this IST group will require at least 5 years before it's able to provide meaningful contribution to MFCB

@Why2TellMeWhy

Agreed with you on this.
I believe Inari the only OSAT in the world that is debt free based on latest QR.
To be fair for some here, they buy stocks in Jan, hoping to flip 30% gain by June.
Different investment horizon.

@Muyutin

Yes, you're right as witnessed in 2007/2008 financial crisis where crude oil top USD140pbl and slump to USD40 pbl in 6 months.
But the fact is no one can tell this event until it happens.
Besides that, it happens only once in 10-12 years.
You can wait till it happens.

Based on key pointer #3
3.As production volumes does not equate to sales volumes, we opine that it would be more appropriate to analyse Hibiscus on an annual basis – rather than quarter-to quarter as offtake batches are lumpy and huge in nature, which may deviate or create an earnings vacuum in certain quarters.

Summary: It will be difficult to determine annual earnings since crude oil prices can fluctuate upwards or downwards of more than 20%-30% within a few weeks. By the time it reaches the offtakes period towards year end, hopefully crude oil remain above USD100pbl.

Some key pointers:
1.Missed expectations – not due to operational/production issues but the unfortunate timing of offtakes in 3QFY22.

2.Revenue was flat while core net profit was down by 28% despite ours and market’s initial expectations of a multi-fold earnings growth QoQ. This is due to a misconception that production volume equals sales volume. For Hibiscus, sales are usually done in batches known as “offtakes”.

3.As production volumes does not equate to sales volumes, we opine that it would be more appropriate to analyse Hibiscus on an annual basis – rather than quarter-to quarter as offtake batches are lumpy and huge in nature, which may deviate or create an earnings vacuum in certain quarters.

4.On a QoQ comparison, 3QFY22 core net profit fell 37% QoQ to RM31mil due to the halving of North Sabah sales volume to 300K barrels as the company managed a single offtake vs. 2 in 2QFY22. Additionally, there was no sales offtake for Repsol asset’s Kinabalu production sharing contract (PSC).

5.We highlight that average daily net production decreased 21% QoQ to 4,695 barrels for North Sabah in 3QFY22 from unplanned production interruptions in January 2022 and an annual planned maintenance campaign in March this year.

6.Likewise, Anasuria also experienced an average daily net production decline of 20% QoQ to 1,983 barrels in 3QFY22 due to a continuing production riser malfunction, which is now expected to be rectified in 3Q2022.

A disappointment, no growth in revenue, at least profit margin improved.

@derrtan
Some may be cautious just in case the QR result is not as expected.
Wait for QR result then decide to top up or sell down.

https://www.thestar.com.my/business/business-news/2022/05/19/inaris-core-rf-segment-on-expansion-mode

@ychong88
Maybe it's time for you to look into other sectors that is more suitable for you as tech is just one of the many you can invest.
To share some light, tech experience a correction starting in Nov 2021 till today but do note that it had rallied for 11 years since 2010.

Not sure if BNM will allow the sale to Grab.
Just granted Grab a digital bank license and then Grab buys into a conventional bank?
Doesn't make any sense.
Besides that, in Spore, Grab + Singtel JV to start GXS bank. They don't even need to buy Spore bank shares.

@paktua73
No need to cut loss. Can keep for longer term since it provides dividend.
Unless you need the cash to feed yourself and family, then no choice.
I believe the supply chain issues should be resolve partially by 2022 as most suppliers are expanding capacity along the supply chain
China's covid situation should recover next month with most cities reopening.

Wait for results to determine the outcome to top up or reduce holdings

AGM next wed.
Will get to know more updates from management.