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.

@VFTRADER

This assumption will not be prudent.
In the last 100 years, crude oil stay above USD100 for less than 5 years.
Besides that, US shale rigs are always very disruptive to the crude oil market evidence in 2014-2015. In about 1 year only US shale can bring the collapse of crude oil from USD 110 to USD31.

@Boringguy
Very likely will be China using Yuan currency.
The other will be india.

https://edition.cnn.com/2022/03/14/energy/india-russia-oil/index.html

@Stayhomemum

Read the fine lines.
Buffet owns preference shares that grant him 8% dividend yield.
This flower dividend yield is ...................

Maybe someone will buy Capital A for RM1 and turn it around.

https://medium.com/thrive-global/the-inspiring-backstory-of-tony-fernandes-ceo-of-airasia-94c67b8110d2

@paktua73

Why need to cut lost?

@kakiminyak,

Yup, crude should stabilize between USD70-USD80 range. Initially surge was based on Russia turning off the tap. Well, now we know Russia can't afford that as it's is their only source of major revenue currently due to massive global ban in many sectors. If Russia's 7mil barrel per day only goes to China,India and EU, it would free up between 2-3 mil barrels (taken into account US had banned crude imports from Russia) for other main sources eg: Saudi,Canada,etc for other countries.

@rr88

But the tech stocks are moving up the last few days even with news on interest increase. Any idea why it's opposite of your comment?

https://uk.finance.yahoo.com/news/iea-oil-demand-growth-outlook-energy-russia-supply-crude-prices-094214612.html?guccounter=1

https://www.nst.com.my/business/2022/03/780458/supermaxs-eps-forecast-lowered-affin-hwang-reduced-margins

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

@BennyWhittman
Look at the dates. Have you mistaken?
https://www.nst.com.my/news/nation/2020/03/575180/14-day-movement-control-order-begins-nationwide-wednesday

@BennyWhittman
While you are enjoying your CNY in 2020, will you even have the slight knowledge of what will happen to crude oil prices a few months down the road?

@value_seeker
Your theory hold true if crude oil stays above USD70pbl.
Fyi, in 2020, crude was below NEGATIVE USD30 pbl.
Volatility is the name of the game.
Nothing is for sure and guaranteed.

https://finance.yahoo.com/news/broadcom-inc-announces-first-quarter-211500680.html

No IPO proceeds to pare down borrowings?

https://www.theedgemarkets.com/article/farm-fresh-sets-ipo-price-rm135-share-valued-36-times-fy21-adjusted-profit

Any idea if the drop is related to it's previous news on establishing a subsidiary in Germany as announced in Oct 2021?

A little close to current ukraine-russia conflict.

The tech theme is dragging the O&G attraction for DNEX.

Wish they carve out DNEX-O&G, it should perform better on its own.

Vice versa when O&G theme subside, at least it would drag tech theme.

2021 vs 2020
Group pre-tax profit rose 38.6% from RM389.3 million to RM539.6 million, in part due to
RM122.0 million share of profit in joint venture. Excluding the share of profit in joint
venture, pre-tax profit grew 7.3% to RM417.6 million
The share of profit in joint venture was boosted by the Group’s share
of unallocated bargain gain arising from Edenor’s acquisition of EOM and ESC.

Will the price for metal silicon normalize back to pre-pandemic levels of 15k Yuan per tonne and below as compared to currently over 60k Yuan per tonne?

Something similar to glove ASP price?

Anyone can give some comemnts?

You are commenting in the wrong forum.

Putin wakes up in the morning will need a cup of coffee before strategizing in the command centre and it's definitely not starbucks.

Raw materials that goes into solar panels are also surging due to supply chain disruption.

https://www.power-technology.com/features/solar-price-raw-material-costs-shortage-silver-polysilicon-aluminium-steel-copper/

The company is better off using the cash to pay off its almost 200mil of debts and pay higher dividend % than share buy back.

CEO ,Ding tai Luk interview, more than 100 stores permanently closed during pandemic period.

https://www.bfm.my/podcast/morning-run/the-breakfast-grille/mynews-turning-things-around-247

Everyone waiting for good news for replenishment order for EV segment since June 2021.