Zeti tenure ending end of this month. Will be exciting to see who is replacing her. Will RM weaken upon hearing the new replacement? if another crony is appointed, i believed market will not digest well.

i believed demand for furniture is still there. Since fuel has become cheaper, there will be saving on consumer ends. There will be extra money in the pocket. Hence, there is high chances those saving use to purchase household thingy such as furniture. Also with the housing in US recovering, demand will too.

just saw the ABC four corners news on the net. Very interesting or should i say eye opening. Will that have any impact on forex? Even thou most of the news are old but it is put into an interesting way.

cutlost, where did you get the information the company sale weak? Kindly share

ah jib in australia news today. Zeti is stepping down and if replacement yet to know. Serigala as everyone wild guess. OPEC & non opec meet next month over the freeze. Will all the above, will RM strengthen? I wonder

director dispose to buy warrant? dispose 500 lot get 1000 lot of warrant?

production price between 1300-1750. My boss use to be estate manager. He said when price are bad, plantation normally scale down on fertilizer as the it is one of the biggest operational cost. But when palm oil price increase, they will full swing on the fertilizer. It can quickly reap huge yield if the trees are 6th to 15 years old.

I normally don't agree with Calvin especially when he call buy for tmakmur. But after gathering info on palm oil grower and also palm oil mill fabricator, they expecting good results from plantation in coming month. I know one vertical sterilizer manufacturer has seen his order double. Hence, i'm buying some plantation stock.

The analyst mentioned that palm oil demand will increase due to festive season is around the corner and hot weather will probable last till jun will help to lift the price.

Based on the above, which is the best palm oil stock to buy??

Windfall tax will kick in when oil plam price above Rm2500 for peninsular and 3K for Sabah and Sarawak. Currently the peninsular are subjected to windfall tax and also recent increase in foreign labour fee but sabah and sarawak is not affected at the moment.

My company recently hold a forum of climate change and we have expert to talk about climate change and MPOB and an economist/analyst as special guest. the take away from the forum is due to the el nino and hotter climate, palm oil yield will drop because apparently the tree will change from female to male. Hence less fruits. Also, there is a palm oil disease which is garnoderma which is a concern to palm oil player. All of this lead to lower crops produce. Hence they expect palm oil price to increase.

CPO price is expected to rise to 3K

Last 2Q results is before bonus.

Epf sold down drb previously (b4 the political issues with dr.m and it never recover)

usd to rm is 4.25. With current political issues, it will only be worse.

Malaysia still have a highly respected bank governor - Zeti. Wait till she retire in April and i believed it might affect ringgit. Furthermore, Malaysia already burn 1/3 foreign currency to defend the ringgit.

Hi Icon, the 12million population is overstated as there 60% of it will be muslim and hence gambling is not allowed but in Vietnam, muslim is minority. So, the propect of bjcorp venture in vietnam should be much higher than malaysia.

base on RM 4.40 to USD 1....it has strengthen by 5%. Unless we predict RM strengthen further to be below 4, then there will be a significant difference. Hovering above 4 will still being po huat a good margin in earning. Not that I wish RM to be forever low but current sentiment for Malaysia is not rosy especially with Malaysia political issues. Many reputable financial magazine talking on our beloved country.
By the way, does TPPA benefit pohuat? I believed it should.

hmmm...shall see tomorrow. Result was release after market close

yup....homeritz post spectacular results. Same type business and export theme. Only time will tell ^_^

market up...most stock up.....puncak down. keng....

any possibilities puncak declare more dividend? Since LTH lack of cash, declaring more div can help LTH. Oni hope the cash reserve is not given as bail out and vanished from puncak account. Anything can happen in this boleh land.

imagine if holding 100K unit and bought at RM3, it lost almost 100K. This is really an eye opening stock. Has it bottomed? nobody know. it sent a chill down the spine. Sacred it bcome like xinquan.

interest earn by puncak also not enough to cover rozali remuneration. it is about 40 million a year. Hope he can reveal soon what he going to do with the cash.

myr going back to 4.4 to 1 usd. I think this will be here to stay for a while. With oil, ah jib issues, moody report, will it go worst? Scary when reading Sarawak report.
I'm selling off others to buy into export counter.

wow, puncak has fallen so much. it is 50% for those who bought at 3.
I bought some at 1.36 but luckily very small amount. thought want to earn some mcd but now lost a sirloin steak.

Hope Rozali don't venture into oil and gas as bail out for u know who and what company. Fuel going to be cheaper than water soon except for malaysia. Government is cutting spending. Having said it won't touch project but PETRONAS themselves is cutting capex. I wonder what other business is viable.

Tmakmur dividend does not have a fix dividend policy. Hence the 8.5% is not a sure thing. It will benefit from bauxide again once restriction is lift up but next quarter report will not be nice. Train to KL to kuantan will boost sale? I guess not in this short term. When there is lynas, ppl also reluctant to go. Now with bauxide issue, some more less visit. Hv relative in kuantan. They all ask dun come to kuantan to visit.

Puncak with 1 over billion cash can buy up few engtex, chilwell or even take itself private ^_^.
too bad it is not reflecting the value. Now is the time ppl holding cash to be the king. I really hope Rozali use the cash to acquire great company. By end of feb, we will know is the money still there or vanish into thin air.

r Moi...u can buy more today to support the price.

HI OPMS, thanks for highlighting on palm oil usage. Indeed true that palm oil vastly use and currently those demand already accounted. If fuel price high, global demand remain strong, then with el nino, it will boost up CPO price. Due to both going down, it will offset the el nino effect in my opinion. Also as pointed out by calvin, Bauxite contribute mainly to the property segment. Hence the figure stated is 1/2 or 1/3 of quarterly revenue. Hence I believe next quarter will be impacted and not accounted to any penalty if there is any contract delivery that need to meet. . US rebound yesterday and I believed most stk will do the same. It is just my flaw opinion.

I'm also buying back some. In time of turbulence, cash is king. I hope Rozali know how to use the cash wisely and invest in something that will be profitable.

wah seong palm oil? I know they plant in congo but no much news on that. Also it way to young to bear any fruits. They hv any other plantation?

Will CPO price really shoot up due to el nino? With crude price so low, there is no point to hv biodiesel. Hence the allocation of CPO to biodiesel is no longer that attractive. So demand for cpo will be offset.

Sultan on spotlight. Tmakmur is a major player in bauxite mining

"It is clear that Tanah Makmur is a major player in the country’s bauxite industry, and by association, so is Tengku Abdullah."

https://m.malaysiakini.com/news/325953

1 day show only......but overall market drop. Not sure how will it perform today.

Ya, heard rozali rumeration is 40 million per year

good for you kahheong. I read that you bought more. So hopefully you can reap profit on your persistence.

Salted fish alive. Work of Valucap??

yes. it just a quick glance on the AR. The concern will be Quarterly earning will be low for many months to come and it will be challenge to fill up the gap.

I believed highly possible KPS to drop below 1. I run thru the 2014 AR and generally the revenue as below.

Infrastructure & Utilities - 220.77M - Abbass
Hospitality, Golf Club & Recreational - 26.36M - Golf club close, hotel close for renovation.
Trading - 55.02M
Investment Holding -11.88M
In total 2014 revenue is 314.04M

With the selling of Abbass & closing of hospitality, it taken off 246M out of the 314M. It is almost 80% of the revenue. Selling abbas will only give KPS another 75M. and hence next Q revenue will be 143M but this is 1 off. Once abbass sold, the only valuable asset is sprint & splash while the rest investment is not well know. Will KPS able to find another golden goose? I believed it is tough. There is no business that can give kps such as good margin. it does pare down the debt but it lost its high profit income. Also, banking on the 30% equity they have on splash is too far fetch. Selangor government offering 1.8B but stakeholder claim it is 3B. It will take long before it can reach agreement. Even if that succeed, it will turn into cash rich company but with no business. Will kps face the same destiny as puncak. Just my opinion base on quick glance on the AR. Maybe there are many flaws in the assumption.

is the privatization offer of 4.10 is still valid or it varies depending on the amount of outstanding shares?

The director bought 1 million shares at 0.41c on 30th Dec but price has not drop to that level. Wondering how is this possible.

Tmakmur involved in bauxite mining. It contribute 22% of FY14 revenue. With recent bauxite issues in Kuantan, cabinet seeking to suspend bauxite mining. Will this affect its revenue?
Also, if proven there is environmental impact from these mining, there is potential legal implication.
Tmakmur derived 50% from property and their landbank is in kuantan. As far as I know, more younger generation are moving out from kuantan due to the heavy industry like lynas and now bauxite. So will the property be affected?

wow...kps gone case. Down everyday.

icon8888 really power. Release the write up, straight away went up. Anyway, thanks a lot for the write up because I hv been collecting when it is 1.04 -1.05. Thought of averaging up when read your analysis but no chance as it shoot up straight. Anyway, many thanks.

leek....where you get the news?

has anyone received the rm1 payback?

This quarter might be good but need to see next quarter.

It is not old story. It will be effective in 2016. Just get to know wilmar actually purchase 60% of total sarawak palm oil. That is alot.