improved margins => improved profits; willing to share profits with shareholders, thumbs!

January's logging production is back to as it should, while palm oil related productions saw some drops as expected. Feb's production may see some drop due to bush fires in Tasmania..

yes, not strange bcchan, because the price is already reflecting the good results ya ^_^

4sen divvy, gd job magnum management~~

took a peek into IOI management's comments, they are expecting cpo price to be able to sustain at current levels and may further increase in the 2nd qr as inventory is expected to go down..

Production improved in both FFB and CPO, even on a QoQ or YoY basis..gd job kmloong~!

a total of 48.3sen dividend, well done crlsbg management

i think the stock deserves a re-rating once the major holders reduced their holdings...

Ta Ann pledges collaboration in win-win forest policies..
http://www.taann.com.my/2019/01/25/ta-ann-pledges-collaboration-in-win-win-forest-policies/

with improved production figures from dec, and strengthening of cpo price, things should turn positive :)
http://bepi.mpob.gov.my/admin2/price_local_daily_view_cpo_msia.php?jenis=1Y&more=Y&tahun=2019

This piece of news has some implications on Sarawak based logging companies...esp. Taann.

https://www.thestar.com.my/business/business-news/2019/01/22/sarawak-considers-stopping-log-exports/

better profits, better income, good job axreit management!

Congrats to Raplex Fmu team for completing stage1 audit ^_^

MoM production numbers came in within expectations as palm oil related numbers were lower in Nov due to rainy season, logging went back to normal avg levels, similar to other plantation players...the difference btwn Taann and other plantation players during the past 4wks is that taann have been buying back its own shares almost everyday from early dec till today, making some use of its cash pile sitting in the bank :)

Taann won MPOB award :)
http://www.taann.com.my/wp-content/uploads/2018/12/Ta-Anns-Terus-Oil-Palm-Plantation-Wins-MPOB-Award-1.pdf

as i understand it, Mr Yeoh needs to reverse back his stakes to <33% if this proposal is rejected in the EGM...that would be not rational since he bought Mr Tan's stakes earlier... from here this would mean that he will work this out to get this approved..

gd news, dividend 15sens, ex on 24-dec, payment date 11 Jan :)

interesting findings...on 30-nov, epf sold 423,104 shares(http://www.bursamalaysia.com/market/listed-companies/company-announcements/5997329), on 5-dec (T+3) (http://www.bursamalaysia.com/market/listed-companies/company-announcements/6002217), bought back same amount of shares, assuming they could sell at higher avg price than their bought in price on 5-Dec, but only few bids difference...=.=

oh...ok...what price u cut bro?

possible due to removal from the MSCI Global Smallcap Index which took place on the 30th Nov, here:-
http://www.theedgemarkets.com/article/ql-resources-added-msci-global-standard-indexes

xeno, lol, just a suggestion la..everyone can have their own ways of doing so long they are comfortable with it, cheers :)

yep, next few days we should see announcement published if it was epf selling. Also noticed other logging/plantation counters were red too, so not specifically taann ;)
just set a prefix range for entry points, eg. every 10% u will top up, or every 10,15bids.

suspected so, with such volume, not many holders have such amount of stocks. A good price in my opinion, picked up some again. Side note, the production numbers came in within average compare to its past 3mths except for the logs, but reduction of log productions were seen in other players as well.

increased holdings again this morning :)

higher export logs and better pricing with more productions churned, better results, another better quarter.

justin, page 15 point (ii) in 5-Nov paragraph. arbitration award be stayed pending disposal of originating summons (which GU sdn bhd) issued kkb few yrs ago in 2012. here (http://www.bursamalaysia.com/market/listed-companies/company-announcements/1074821)

pending share prices to catch up with its fundamentals, only thing that is not good is the lingering court case with global upline, seeking a compensation of 31m!

hie 102072, i think they have just despatched it today, we should get it sometime next week?

richee, according to past 2yrs records, co. declared a wk or so before christmas :)

milk, 7-nov ex bro, end nov payment ^_^ enjoy~

increased holdings pending proj announcements

increased holdings, as stock is trading at multi year low, EPF increased stakes as well; not to mention key directors has the capability to launch takeover offer anytime as they have enough shares to do so if they wish..

according to cimb report, sarawak estates posted highest MoM production for September, and not to mention the 2H is usually the higher production periods for palm oil; couple with higher log exports starting July, company poised to do better in the coming quarters..

MoM increased production across the board :)

https://dayakdaily.com/tender-committee-to-decide-who-gets-coastal-road-second-trunk-road-projects/

a Pan Borneo Sarawak related news...
http://www.panborneo.com.my/2018/09/07/pan-borneo-highway-construction-in-swak-to-continue-assures-state-ph-chairman/

jeff, i believe you will receive a letter very soon to vote if you wish to accept the proposals or otherwise..

latest July production numbers seem encouraging, doubled of June's...

ok..and improved quarter, i see improved YoY and QoQ...good job Edgenta

some projects tendering going on in sarawak..
http://www.lundudc.sarawak.gov.my/pages.php?mod=newspaper_cutting&sub=newspaper_cutting_show&id=48

interesting findings,
for the past 3yrs 8mths, the stock only traded $2.3 and below for about 30% of the time (all adjusted for div/bonus), that is without new factory capacity.
Today, it closed at 2.30, with new factory started being used, not to mention the QoQ results improved over Q1, lets see if there's opportunity to collect lower :)

good sign, improving QoQ, hopefully the migration to new factory & the utilisation will soon be higher :)

Bought up abt 3.9m, 0.369% of total..here is the announcement

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5878721

QR belum out bro...don't panic :)

more projects could be coming soon?
https://www.malaymail.com/s/1659326/govt-mulls-new-road-for-sarawak-to-bypass-brunei

Quick question Mr Koon, will you buy more at current price? Or u will just hold until it goes above your costs? (I assume your average costs is >=1.20?), thank you :)

Another report by Public Investment Bank,
http://www.bursamarketplace.com/index.php?ch=research&pg=research&ac=469966&bb=480551

a report by AmInvestment Bhd,
http://www.bursamarketplace.com/index.php?ch=research&pg=research&ac=488897&bb=499767

company short of cash to spin? anyone knows why they took the 'Revolving Credit' of ~13million while waiting for the term loan draw down? short term borrowings amt was 144m, long term borrowings 85.9m...

not exact pmetal news, but related to Chalco in HK.

http://www.aastocks.com/en/ltp/rtquote.aspx?symbol=02600

Credit Suisse issued a research report covering CHALCO (02600.HK) +0.030 (+0.940%) Short selling $4.77M; Ratio 21.399% . The bank expects that aluminium price will continue to stay at low level but it won't fall further due to costs being more or less the same, believing it will take six to twelve months for aluminium price to go up. CHALCO is maintained Outperform with target price cut to $4.5 from $6.