No OTB u can't assume that, last mth while crude was sky high, cracked spread was sky high too, do u think the spread will be maintained or berrer in low crude scenario?

guys don't kill the messenger....Calvin is only doing what he feels is right.... decision to invest of cut is on you nit him so go easy...it maybe painful enuf already for him and many others me included

I'm liquidating 50% od my holdings on TSH and many other palmoils ....breached my 4000 CPO price.. breached and koyak

share prices are based on future expected earnings that's all, therefore its factors that influence the future expected earnings that we need to be aware off and not individual items.s like hike in int rates

cpo closed at 4350....down by 7.6% huge drop for a day, but there's a clear reason as indon is flushing the market with their backlog inventories...good thing is that when price was up TSH was down so I believe it has bottomed up or maxed so only way is up

my floor price for CPO is 4,000 and its pretty close, indon is pushing their big inventories and is seen from msia drop in exports in May to be followed by June and with lower prices will be boudle whammy

wow...CPO price collapsed lah, down by 425 or 9% to 4,285... unprecedented drop...

Dennis8888 ....karma will find u, be nice

Dennis8888 ....karma will find u, be nice

thanks for the enlightening write up skoh888... and to add recession is defined as 2 continous quarter decline in GDP. There has been no decline as such, and even if it starts in say july so we will actually know only by dec 2022. The world just go out of covid doldrums and therefore we cannot afford to get into a recession so soon. The hike in prices or so called inflation was brought about by high energy prices, stemming from no doubt russia ukraine war, but also demand picking up after covid. We shd be aware of this fact and therefore the so called inflation can partly be explained due to the increased demand. Anyone aiming to reduce inflation can only reduce the portion which is artificially induced by middle man etc but not the part which is fundamentally there due to demand rise after covid. Just my 2 cents.

dear fellow investors, after reviewing the last QR, i made a startling discovery, YTD profits current FY was RM164m and RM126m..... well wonderful aint it, but wait a minute, in the cashflow, there is an increase in trade receivable of RM193m and RM120m..... which makes the actual cash flow current YTD deficit of 29m and excess of 6m... this is so alarming. This means the sales revenue is super questionable, bet it will not get through external audit eyes. Beware of future investing here .... happy hunting

another counter heavily promoted by Kyy and Otb, but is super undervalued as of now..... even if they continue to make the lower profit like last QR its still good..... unless potential to go lower ?

mabel.... u are promoting se and sd like there is no tomorrow, one is hutang king, and the other improper accounting books king.,.. both soon to default big big time, with capital reduction exercise in the horizon... happy hunting

calvin.... hos is it that you know exactly when steveccwong will write his comment and then you conveniently follow up next saying good work wong..... and write yours not just here but also elsewhere..... hmmmm

one of the worst commentaries i have seen in the performance, no proper explanation fo the drop in revenue and subsequent drop in profit except statement of "current quarter reported lower revenue because it dropped from last mth".... wtf

https://www.youtube.com/watch?v=4IHk5fzk8Cs .... interesting ONG coverage by kenanga

congrats TG holders top trading company...last this happen was Aug 21 I think.... revival of sarong tangan

u guys just spam the forum with rubbish galaxy...haish

hahaha..... u just said the opposite cashflow, funny ur name is cashflow and what you just mention is NOT cashflow, the write-back of impaired assets are what we call non-cash adjustments, and while the credit can increase profits, they mean nothing for share price evaluation, which is always on forward looking earnings..... more importantly cash earnings

if the lss2 project irr is 6.4% is this below or above the sukuk borrowing cost? if no.... then cypark is in big trouble, and who is supposed to be the offtaker? government? auditor has not done a good job in accessing impairment surely

sapura nrg is one of those counters that can easily make or break u, in matter is weeks sometimes, a bumi flagship that is so large.... govt cannot afford it to fail, yet so useless in terms of NTA and total debts.... its like marrying a girl, and inheriting her 10 kids from former marriage as baggage..... sorry for the crude example, company will never ever be able to pay dividends - not in near future.... so only hope is capital appreciation, and hope for no capital reduction exercise.... if you have a strong heart, go ahead.... happy hunting

reach price is all dependant on its oil production, last QR revenue of 50m rose 100% from last year QR 25m, but dont know ahy the profit just stagnant, 3m both Q, perhaps exploration cost still high, have not reach breakeven yet ... based on fundamentals, price shd normalise back to pre-new owner come in hype... happy hunting

get ready for Friday profit taking.....aish sometimes I wish dnex n hibiscus don't trade in the top 10 for once.....

anyone want to buy into reach wait till T 2 for the force selling from first day which is Friday last week...Happy hunting

rr88 u some kinda guru who has mastered candles? so u must be mlionaire by now .... good for u buddy

I'm happy that bungaraya is up but sad that it went too up...as it will attract contras and can look forward to drop after the 2days LOL

"Malaysian palm oil futures extended gains towards the MYR 5,000-per-tonne mark as dip buyers emerged to blunt a massive meltdown that sent the commodity to a six-month low of MYR 4,500 last week. Still, fundamentals in the palm oil complex remained clouded by rising global supplies and weak export demand from Malaysia. Indonesia has recently announced an export acceleration scheme to ship at least 1 million tonnes of crude palm oil and derivatives. The world's biggest exporter also reduced the maximum export tax rate and levy for crude palm oil to $488 per tonne from $575 per tonne to boost shipments. At the same time, in Malaysia, the production is expected to increase in the months ahead on higher crops and as migrant workers return, while exports for June 1-25 fell between 13% and 19.6% from the same period in May according to cargo surveyors."...happy hunting

the mtd bulk sale I'm sure not to retail, someone must have lined up with the buys orders so that the sale cud be consummated, interesting...cud there be a new shareholder on voard

CPO futures up by 256, 5.5% index at 4,920 yay...all other commodities just minor change 1% or less...this CPO super volatile

thx Calvin tan eng... for the update, all vote for tan aik pen ...

what happened to the tsh agm on the land sale?

twynstar thx for the write up.... its the "other expenses" in the last QR that was left undefined that is causing concern... if they report a 150m or so other expenses.... then the profits are wiped out

div exdate price just few days back at 1.07 and after 3c div....... its down to 90c.... truly unexplainable, as crude stayed about the same... is there something about the repsol acquisition that we are not aware off?

do you hys realise tsh and hsplant always move opposite......if one more 5c up the other 5c down, and vice versa..... in myportfolio it evens out and no gain no loss ...LOL is this coincidence or just the power of having a diversified portfolio

bawa bertenang, this is normal lah effect after ex-date..... surely have those contra players or those who buy for dividend.... now they sell loh.... price go down loh, if you play see saw..... surely got up and down and up and down.... bawa bertenang, and happy hunting

CPO futures closed at 4744, 245 points up or 5.45% up.... some consolation...Happy hunting

War over will not bring Brent back down, as long as Russia does not pull out of Ukraine, EU and US ban on Russian crudw will remain and therefore shortfall of crude will remain

HY reported lower than expected earnings in last QR due to hedging position, therefore this will reverse I'm next QR for sure, and since this Q crude was even higher... earnings shd be above last QR barring any unforseen items of course... ceteris Paribas... Happy hunting g

CPO futures closed at 4744 or 245 up 5.45% .... pls buy more cooking oil... help a fren in need ... Happy hunting

just saw CPO futures...was up by 200 or bout 4.5% ... some consolation after all the drop

never shoot the messanger...... info for you to absorb and make ur own decision, nothing less nothing more....when anything goes south only have oneself to blame

one cannot assume they are always right and every comment must result in blocking, I personally feel Calvin's comments are perfectly fine...little guilty of spamming but does not need to be blocked

Nice to see TG up again....sad truly, at its height TG was only 40sen away from beating maybank as the biggest sharecapits barely above 10b... counter in bursa....and today

hope day up is not shortlived.... ma y many days to go before QR and Brent is so unstable... shd accumulate further or stick to guns and wait

@PSAi..... thansk for the alert, yes 6000 not sustainable, let's hope 2022 price will average at least not below 4500 and if can sustain average of 5000 that will be super...then 2024 can go to 4500 and 2025 .... 4000..... hows that sound.... happy hunting

excellent analysis, and i see that your cpo price averaged at 5,560 which is reasonable, but i believe average will be lower at between 4,600-4,850.... nevertheless, still in profit position and able to declare dividend..... but sime seems to be on lower side while TAann seems to be on higher side.

arv18... capex for expansion plans are for the future, not for now, t is to anticipate 5 years from now demand and beyond, besides supermax has cash, rather than put in FD better to expand facilities.... as for the article, yes very interesting to see valuation below cash holding, but as you know share price is always forward looking towards earnings.... but since we are in downturn, the forward looking stance is rather short term.... while long term future is bright, the question than remains at what price is a good time to move in ..... yup yup happy hunting

thx for the write up Calvin and PSA.... current prices will surely incorporate this sudden drop on CPO price.... let's embrace

oh wow CPO has hit a low of 4,981 today late trading.... down by more than 450.... brace for Holland

crude oil is not a renewable energy source, its scarce and will deplete one day... as long as russia's was does not end, brent will continue to prevail.... if not short run, mid term at least, and there is always silterra to the rescue :-0 happy hunting