U get 20 sen div payout at Petron loh!

The huge coming div payout of 85sen plus 8sen will enhance FAVCO ROE% significantly mah!

Brady waste of money..China investing in 3rd rate countries that cannot afford to pay loh!

Maybank a very defensive investment with very good dividend mah!

Go for it loh!

Div will be above 40 sen going fwd mah!

Yes very important to believe in cold eye loh!

Recovery play mah!

The cheapest Gambling Exposure now mah!

Vt is looking at loh!

Go for it!

Div will be more than 20 sen going fwd

Good steady prospect of capital gain if invest in current cheap price of 3.5 to 4 sen loh!

Double up mah!

Go for it loh!

Can win mah!

Buy for yield & safety loh!

The point is competitions....at the end less economic moats & eventually most of the products become commodities loh!

In palmoil it is different....U got a very tangible products.....the cheap farmland....churning return to us 24 hrs a day....by producing FFB loh!

And there are many alternative use for lands which are limited resources mah!

U need to understand....we already had move ahead since the covid run in 2020 loh!

Now u need to be little bit more defensive & plantations with CPO price up and huge cheap landbank to manage inflation plus a good hedge against RM depreciation are good bets to manage this risk & capitalise on opportunities loh!

Posted by nhbeen > 44 minutes ago | Report Abuse

stockraider: Inflation is good for banking whereas recession is not loh!

So if u invest in banking when recession strike....be prepare for about 2 years share price consolidation mah!

Yup. You are right. In recession, all sectors affected and their share price as well. If you intend to invest for long haul, it is also the time to buy into some good companies. Normally, equity market will move ahead first when economy starts recovering.

All BJCORP engine go mah!

U need to understand....we already had move ahead since the covid run in 2020 loh!

Now u need to be little bit more defensive & plantations with CPO price up and huge cheap landbank to manage inflation plus a good hedge against RM depreciation are good bets to manage this risk & capitalise on opportunities loh!

Posted by nhbeen > 44 minutes ago | Report Abuse

stockraider: Inflation is good for banking whereas recession is not loh!

So if u invest in banking when recession strike....be prepare for about 2 years share price consolidation mah!

Yup. You are right. In recession, all sectors affected and their share price as well. If you intend to invest for long haul, it is also the time to buy into some good companies. Normally, equity market will move ahead first when economy starts recovering.

U need to understand....we already had move ahead since the covid run in 2020 loh!

Now u need to be little bit more defensive & plantations with CPO price up and huge cheap landbank to manage inflation plus a good hedge against RM depreciation are good bets to manage this risk & capitalise on opportunities loh!

Posted by nhbeen > 44 minutes ago | Report Abuse

stockraider: Inflation is good for banking whereas recession is not loh!

So if u invest in banking when recession strike....be prepare for about 2 years share price consolidation mah!

Yup. You are right. In recession, all sectors affected and their share price as well. If you intend to invest for long haul, it is also the time to buy into some good companies. Normally, equity market will move ahead first when economy starts recovering.

U need to understand....we already had move ahead since the covid run in 2020 loh!

Now u need to be little bit more defensive & plantations with CPO price up and huge cheap landbank to manage inflation plus a good hedge against RM depreciation are good bets to manage this risk & capitalise on opportunities loh!

Posted by nhbeen > 44 minutes ago | Report Abuse

stockraider: Inflation is good for banking whereas recession is not loh!

So if u invest in banking when recession strike....be prepare for about 2 years share price consolidation mah!

Yup. You are right. In recession, all sectors affected and their share price as well. If you intend to invest for long haul, it is also the time to buy into some good companies. Normally, equity market will move ahead first when economy starts recovering.

U need to understand....we already had move ahead since the covid run in 2020 loh!

Now u need to be little bit more defensive & plantations with CPO price up and huge cheap landbank to manage inflation plus a good hedge against RM depreciation are good bets to manage this risk & capitalise on opportunities loh!

Posted by nhbeen > 44 minutes ago | Report Abuse

stockraider: Inflation is good for banking whereas recession is not loh!

So if u invest in banking when recession strike....be prepare for about 2 years share price consolidation mah!

Yup. You are right. In recession, all sectors affected and their share price as well. If you intend to invest for long haul, it is also the time to buy into some good companies. Normally, equity market will move ahead first when economy starts recovering.

U need to understand....we already had move ahead since the covid run in 2020 loh!

Now u need to be little bit more defensive & plantations with CPO price up and huge cheap landbank to manage inflation plus a good hedge against RM depreciation are good bets to manage this risk & capitalise on opportunities loh!

Posted by nhbeen > 44 minutes ago | Report Abuse

stockraider: Inflation is good for banking whereas recession is not loh!

So if u invest in banking when recession strike....be prepare for about 2 years share price consolidation mah!

Yup. You are right. In recession, all sectors affected and their share price as well. If you intend to invest for long haul, it is also the time to buy into some good companies. Normally, equity market will move ahead first when economy starts recovering.

Correctloh....it is imperative Icap must be liquidated loh!

Just imagine placing so much money in Fixed deposits & getting return close to 2.2% pa when the management fees effectively 2.25% pa mah!

Posted by dumbMoney > 12 hours ago | Report Abuse

Another thing that shareholders may not realise is that while the 1.5% p.a. management fee is based on NAV, the value to shareholders is based on market price, and with the current discount at around 40%, the effective cost of the management fee is around 1.5 times the nominal amount, or 2.25% p.a. So the price discount has a double whammy effect on shareholders.

My view ; serba is opaque n whereas sapnrg is all out in the open loh!

Switch your serba for sapnrg mah!

1 serba can get about 8 to 10 sapnrg mah!

My view ; serba is opaque n whereas sapnrg is all out in the open loh!

Switch your serba for sapnrg mah!

1 serba can get about 8 to 10 sapnrg mah!

The point is, if we want to invest in malay base control listed companies, just be extra cautious & do more due diligence to justify your investment loh!

For the chinese especially, remember no one going to help u other than yourself loh!

The point is, if we want to invest in malay base control listed companies, just be extra cautious & do more due diligence to justify your investment loh!

For the chinese especially, remember no one going to help u other than yourself loh!

The new SC chairman is good for SAPNRG loh!

Opportunity loh!

UP is the plantation bluechips equivalent to maybank in banking loh!

The benefit of UP besides its steady profit & div.....is a natural hedge agst inflation and currency RM depreciation mah!

Very good div yield above 8% pa loh!

Steel price....can sustained bcos of Russia v Ukraine war loh!

Inflation is good for banking whereas recession is not loh!

So if u invest in banking when recession strike....be prepare for about 2 years share price consolidation mah!

Posted by nhbeen > 2 hours ago | Report Abuse

Recession of inflation? It is normal in any economic cycle. It comes and goes. Just be ready with your funds when the market turns south. Wealth is made or break during turbulent and prosperous period. This is the "window of opppotunity" for those who are prepared and ready. Stick to your investment strategy at your own comfort. My 2 cents opinion.

Remember loh!

The current Plantation share price valuation is based on CPO Rm 4000 mah!

If CPO sustained above Rm 4000 for say 1 year....a very big rerating is coming mah!

For your info....the current CPO is above Rm 7000 mah!

Good loh!
High profit & div coming mah!

Inno Not sustainable loh.....their concession expiring mah!

Thats why high div loh!

2 things need to note loh!

1. If their concession expire & unable to extend ....koyak loh!
2. If they manage to extend the concession....dividend is likely to be cut loh.....bcos not necessary to pay so high dividend mah!

Whichever the outcome....there is risk to the high div loh!

Subur.....own the land....so do not have this problem loh!

Not totally the same mah!

Rhonema has make dairy its 2nd core business mah!

For small longterm investors it is better for them to sell some when it is obviously overvalue mah!

Ridiculous expensive is when it is PE is high more than 50% & paying low dividend yield less than fixed deposits and when the growth started to be tepid n flattish loh!

Always sell some to hedge our performance mah!

U can always buyback when there is opportunity loh!

Totally agreed

Icap should be liquidated loh!

Bcos of many recent yrs of poor performance loh!

This medium size plantation co is in the league of plantation big caps base on performance mah!

Mnrb Dec 2021 qtr result is pulldown by the Dec 2021 flood claims provision loh!

Managements are optimistic on its future performance loh!

If u do not go back to fundamental hard basic valuation like PE....u run the risk of overvaluation which may result to underperformance mah!

A very good example....if u chase Nestle 3 yrs ago at Rm 140.0 to Rm 150.0 u will be underperformed compare to investing in bkawan at Rm 16.5 to Rm 18.0 loh!

Thus for value investors buying with good big margin of safety is central core of all his investment mah!

I3gambler,
The valuation difference between KLK v Bkawan is definitely holding co discount mah!

1. If u hold 1000 Bkawan share u r effectively holding equivalent 1286 of KLK shares mah!
Thus beside u r getting more share exposure on KLK u also own additional chemical business.
2.Thus effectively U also get more earnings & dividend if u hold bkawan instead of klk mah!
3. As i say earlier fund manager prefer to hold klk than bk bcos in their mind klk has bigger exposure to plantations & the stock is more liquid loh!

Conclusion
1. If u r shorter term investors or traders u will prefer klk for the same reasons loh!
2. If u r longer term fundamental value investor and willing to hold more than 10 yrs....definitely BK return will outperformed KLK loh!

As for bigger caps Sime/IOI/KLK trade at higher valuation......bcos some big funds has restriction of buying smaller size plantations mah! Thus they concentrate their funds on bigger cap stalwart co mah!

Smaller cap plantations will attract more enterprising & value investors that demand higher return & prepare to take bigger perception risk with stocks that is lesser liquid loh!

Stay on course loh!

Positive impact loh!

Rubbish loh!

If u stick to fundamental it will never go out of fashion mah!

Even Berkshire hathaway it has steadily appreciate....now it is one of the few handful trillion USD company listed in the stock exchange loh!

This is due to W. Buffet good investment principle mah!

U should worry more on inflation or recession leh ?

Do not get confuse mah!

The example u have quoted on KLK v Bkawan on price valuation discrepancy is actually Holding co discount not big co v small co issue mah!

This is bcos Bkawan is not a total plantation Co when compare to klk loh!

The holding discount use to be higher at range of 25% to 30% previously but due to Bkawan good management & effort of rewarding its shareholders the gap have been narrowed to a very low differential lately loh!

Chinese hold about 35% of listed companies based on mkt capitalization & not misleading highlighted like 80% loh!

The reasons ....is simple, the chinese listed co are usually very kuci mini compare to the bumi Glc loh!

“Despite being 67% of the population, Malays only hold 7% stakes in the economy. The Chinese, despite only being 21% of the population, holds 80% of the economy.

Lu tau boh ??

Actually Malays hold about 40% of the value of listed companies....if u take into the account of all those GLC that are majority owned malay base members mah!

These value can even exceed the non bumi holding mah!

Good example are msia largest Maybank, Petronas Chemical, Petronas Gas, Tenaga and CIMB are all controlled by the Bumi loh!

Lu tau boh ?

Boloh loh!

Yes subur has current liabilities exceeding current assets....this do not mean subur is bankrupt mah!

It is just that subur have too much of its assets in plantation lands loh!

It is good too have alot of assets....in plantations....bcos this is the area that generate alot of cashflow loh!

Thus negative current assets...sup sup sui for subur...can easily pay off from the strong cashflow mah!

Lu tau boh ??

Boloh loh!

Yes subur has current liabilities exceeding current assets....this do not mean subur is bankrupt mah!

It is just that subur have too much of its assets in plantation lands loh!

It is good too have alot of assets....in plantations....bcos this is the area that generate alot of cashflow loh!

Thus negative current assets...sup sup sui for subur...can easily pay off from the strong cashflow mah!

Lu tau boh ??

If FFB is Rm 1500....what the CPO price leh ?
Roughly Rm 7500 mah!

Usually u use a factor of 5x to convert FFB to CPO loh!