Yup, not much choice as companies can't sustain the increasing cost as well.
Can't please both shareholders and customers.
But milk is not a necessity unlike rice, wheat, etc

https://www.klsescreener.com/v2/news/view/988869/inari-3q-net-profit-rises-10-to-rm90-5mil-declares-2-2-sen-dividend

https://www.klsescreener.com/v2/news/view/988869/inari-3q-net-profit-rises-10-to-rm90-5mil-declares-2-2-sen-dividend

https://klse.i3investor.com/web/staticfile/view/451277

Quarter result will be out in 1-2 weeks.

@twynstar

Thanks for the HLIB report.
Good insight but the IB seems to have a lower net profit forecast for 2022.
Was expecting between rm400mil to rm450mil based on average USD90 pbl for fy2022
Unless, the earnings are based on long term contract with clients where earnings are not tied to the daily crude oil transacted price.

@snowball2000

Excluding the RM122.0 million share of profit in joint venture, I think the result is still good.

However, I have some concerns on the total borrowings (excluding lease liabilities) amounted to RM777.9 million, a RM120.0 million increase from RM657.9 million at the beginning of the year.
Even though, the increase was primarily due to additional borrowings to
part finance the acquisition of Stenta.

As interest rates will beginning to normalise from 2022 2nd half to 2023 by approximately 1%, hopefully management will take steps to further reduce the borrowings by funding acquisitions via private placements or warrants

@hoot9e996
@Stayhomemum
Are you referring to shareholdings?
For shareholdings, annual report disclose the top30.

If it's a conventional bank license, it would be profitable.
For a digital bank, providing services to unserved, underserved or unbanked individuals are not profitable biz.
Just my 2 cents.

https://www.thestar.com.my/business/business-news/2022/04/30/cengild-turbo-boosting-its-growth-post-ipo

@Max2838

Contract already booked between Boradcom and Apple till 2023 regardless of Apple experiencing slower or faster sales/profit.

https://www.cnbc.com/2020/01/23/broadcom-will-sell-apple-wireless-parts-for-three-years-as-5g-launches.html

@snowball2000

What is your expectation of the quarter results after factoring the mandatory windfall tax payment?

F&N trying to rival FFB with the new integrated dairy farming method

https://www.nst.com.my/business/2022/04/791871/fns-rm2155mil-estate-acquisition-value-accretive-says-midf-research

https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=125508&name=EA_GA_ATTACHMENTS

Not easy job for the CEO
Balancing high cost with price hike.
Too little or no price hike, bottomline impacted and face the brunt from shareholders
Too much hike, consumer switch brands and market share impacted, face the brunt from shareholders,
Really a tough job for him

https://www.bfm.my/podcast/morning-run/the-breakfast-grille/farm-freshs-regional-ambitions

https://www.sunwaymedical.com/doctor/dato-dr-tan-huck-joo

Besides the main 6 consultants, Cengild also have :
Visiting consultants=17

One of the 6 consultants, Dato' Dr Tan Huck Joo is also a visiting consultant for Sunway Medical Centre, C-G-3, Ground Floor, Tower C, +603-7491 9191 (Ext. 20527)

Thus, the visiting consultants can cover the operations even if 1-2 of the main consultants decided to leave. Of course, leaving without their ESOS.

ESOS is provided to retain their services and to reward employees for their performance, vested over the next 5 years

18 April 2023 10%
18 April 2024 10%
18 April 2025 40%
18 April 2026 40%

https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=125233&name=EA_GA_ATTACHMENTS

@Genetec A baby step

Really need to hard sell?

@i3lurker

Which tech companies are you referring to?

In Maybank IB Research’s view, the PN17 status is salvageable with six ways that AirAsia Group can substantially narrow its negative shareholders’ equity:

Waiver of deferred aircraft leases (RM2.5 bil);
Listing of digital assets currently valued at US$1.2 bil (RM5.2 bil);
Reversal of impairment of right-of-use assets (RM552 mil);
Issuance of RCUIDS (RM974 mil) and warrants (RM650 mil);
Deconsolidate Indonesia AirAsia (IAA) and Philippines AirAsia (PAA) accounts; and
Sale of assets (eg maintenance, repairs and operations division).

CLSA ?
Let's see if they announce the replenishment of order book in Bursa by Dec 2022.
Current order book is RM150mil. Between now and year end should expect another RM900mil.

@paktua73

Why jual so cepat?

@derrtan

Have to reapply from beginning. The hassle and paperwork only.

But I don't think need to have PP at this time due to strong crude oil prices which will generate strong cashflow.

The company applied it when crude oil was USD45 pbl, thus it makes sense to raise additional funds to support.

Next few weeks when QR result will out, everyone will rush in to get a slice.

Any idea what MIDF acquisition can benefit MBSB?
MBSB biz models seems to cater for retail lending whereas MIDF is asset management, investment banking,etc.

Yeah, Repsol asset provide a good mix of Natural Gas and Crude oil.
Besides that, Natural Gas price seems to continue to rally with good justification as part of renewal energy.
Kudos to Hibiscus prudent management.

I rather prefer they focus on the existing asset and provide dividend of 1 cent per quarter than continuing to look for other asset to acquire.

Suggest to look at the stock price on 25/4 onwards when the price stabilizer ends on 22/4.

Yup, very much agreed that FFB will be similar to Dutch lady, Nestle, F&N, etc.
It's slow and boring and suited for long term view.

@Bullrunrun
Get your facts and dates right.
https://www.thestar.com.my/business/business-news/2022/04/01/supermax-us-plant-may-see-losses-in-early-stages

Maybe pursuing his own investment interest.
Take example of abdul jalil abdul rasheed , ex-CEO of BJCORP. Bought when joining the company, sold after resigning. Nothing related with company's fundamental.

https://www.theedgemarkets.com/article/wang-mei-ling-resigns-jf-techs-executive-director-relinquishes-role-group-cfo

https://www.theedgemarkets.com/article/mynews-redesignates-retail-units-ceo-consultant-no-reasons-provided-change

@Anaconder

At current price of RM1.20, it's 100% above pre-pandemic pricing.
Q2 2022 revenue and net profit are 45% and 24% above Q2 2019.

I believe it's more than justified the Fair Value between RM1 and RM1.20

https://www.bloomberg.com/quote/CL1:COM

Anyone has any comments for the US glove factory.
Currently, Supermax earnings are mostly in Msia, earning rm47mil on revenue of rm523 mil for Q2 based on ASP of USD25 per1k and minimum wage of RM1.2k pm.

In US, minimum wage is USD11.25 per hr , that will be USD1,980 ($11.25x8 hrs x 22 days), making assumption only weekdays.

Besides that, utility bills are so much higher in US than in Msia, don't see the glove factory in US making much profit other than savings from the logistical point of view. If the US factory produces Latex, cost of importing it from Msia will be expensive. It's better for them to produce only Nitrile glove in the US factory.

@Nicholas99
Seems most digital banks are not profitable. Burning more cash.
Don't see any benefit it for an airline which is already burning so much cash daily.

https://topmobilebanks.com/blog/digital-banks-profits/#:~:text=Out%20of%20249%20digital%20banks,%2C%20and%20one%20in%20Russia).

Though most of us profit from this high crude oil prices, many people are suffering from the ripple effect of this inflationary pressure.
Seems all the peace talk offered by Russia are distraction to mask their true intention to attack Ukraine when they let their guard down. Looking forward, this war may escalate beyond 2022 and the probable of high crude oil of USD100 pbl may seem like New Normal.

https://www.cnbc.com/2022/03/29/russia-ukraine-live-updates.html

https://www.theedgemarkets.com/article/serba-dinamik-says-not-hiding-ey-consultings-ffu-latter-refuses-sign-it

@zerosumplayer
UWC develops new products with customers during R&D phase. Once the prototype is confirm, UWC will mass produce it.
UWC may not have proprietary in house technology unlike Microsoft or Google or Nvidia, I believe they have the skillsets and resources to design and manufacturer new products for multinational Nasdaq listed customer. I believe Trust is what is the key value for UWC.

@rr88
Even at USD85, Hibiscus should do better than last quarter result of RM48mil (excluding Repsol asset).
Last quarter average crude oil sold below USD75pbl.

https://www.theedgemarkets.com/article/serba-dinamik-spotlight

Yup, once quarter result out.
IB should be re-rating the price and outlook.
At this moment, most TP set by IB seems muted.
Of course, most IB are targeting ukraine-russia crisis to resolve with peace talk in next few weeks. Thus, crude oil will normalise back to USD70 pbl.
Only God knows.

In my opinion, it's IPO price of 1.35 is already overvalue at pe50.
The company has difficulty to pass on ALL the increase in raw materials to customer.
With this in mind, planning to wait for the next quarter result before buying in since the current released quarter is rather disappointing as compared to how management painted the company as though the cows can fly.

@Cakes Moon
UWC commands a superior profit margin. From IPO at PAT% of 22%, today it;s PAT% is 30%.
Not sure how long it takes for Coraza to achieve that.

Better to wait on the sidelines while the big players squeeze among themselves with low ASP. Only the strong will survive especially with China's Bluesail and Intco Medical which can expand faster than Msian players.
I believe this year many new glove wannabes in 2020 and 2021 will not survive when ASP hits below USD25 when electricity and natural gas surging high.

@paktua73

Slow ya. No need berasap.
Look forward ahead say 2025 or 2027, where you think Inari will be?

https://oilprice.com/Latest-Energy-News/World-News/EIA-US-Shale-Production-Set-For-Big-Jump-In-April.html

The products are great.
But with IPO price peg with PE above 50, it seems more expensive than most tech stocks.
Kudos to the IBs.