then why am i laughing?

isn't "third eye" slang for the slit on the penis?

@IronShirt PNB is a fund manager and its funds include Amanah Saham (and its various forms), AmanahRaya runs a trustee providing nominee services including holding the shares on behalf of fund managers. PNB is owned by Yayasan Pelaburan Bumiputera, AmanahRaya owned by MoF.

Different entities. Different purpose.

amanahraya and PNB are different entities..

I noted your note about the noted note

silly rabbit, foreign funds don't buy counters like this

Shahril left already la

@koyokui tell me more!

I am holding on to my seat tight tight

very safe counter, sure won't kena windfall tax (because they won't even make a profit)

https://www.theedgemarkets.com/article/dewan-rakyat-passes-amendments-windfall-profit-levy-act

this is the most amazing research i've ever read on i3

@leno you got it absolutely right

*shrugs* we won't know if he lost money or not unless he share his bank and CDS statement la so its kind of a pointless exercise.

no no if he subscribe at issuance. he paid RM1 per loan stock.

every year he gets 5 sen interest per loan stock so his yield is always 5%. Then the share price tank 70% in the last 9 years.

So if he bought RM100mil worth of loan stock, the principal is worth RM30mil now. He would have received RM45mil worth of interest (9 years x RM5mil interest p.a.) so net net still lose RM25mil.

Must subscribe with cash, because the purpose of loan stock is to raise new money for BJCORP

VT also rugi gau gau from his LD cos he subscribed at RM1.00 hahaha

i think LD notwithstanding the yield will track mother share price. At any time it should be within 2.5 sen of mother share (because that is the value of the next interest payment)

its also not very liquid because prior to this VT was holding a big chunk of it (damn smart right? Subscribe to all the loan stock to get interest from his own company to pay into his bank account) and also in general Bursa don't really understand loan stocks hence they tend to be illiquid and underpriced (which i love)

ya why bother to hold mother share when LD is paying that kind of yield. I don't need the voting rights, i can't make a difference in AGM anyway. Gimme that sweet interest.

you're very welcome leno

interest is paid twice yearly, April and October. So its 2.5 X 2 = 5 sen p.a. The 5% is based on 5 sen interest paid per year per loan stock which was issued at a price of RM1-00

You should read the full profile here https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=412082

no its 5% p.a. on RM1.00 issuance price. So 2.5 sen on 29 sen LD = 17% effective yearly yield

0.71 to 7.30 is >10x gain wah liau eh

short term impact because there is a lag in the compensation mechanism with the consolidated energy fund but medium term neutral. you can read about it here https://www.bursamarketplace.com/mkt/tools/research/tenaga_nasional_on_soaring_fuel_prices_tnb_mk_cp_m-1520751

ya well said titan3322 - less than 5% shareholding but its still over 20 million shares so there's always a risk of huge selldown when they sell further

@Sslee i'm a big fan of how you answer other peoples posts.

Start with haha then whack gau them.

tomorrow is Thursday

KLK / IOI won't buy these kind of shit plantations. RM4k also cannot make money.

Yes

EPF still selling la, hard to find that kind of dumping.

zanbini changed employer from Mr. Diy to AirAsia

Ken or Ken-not?

quite the opposite, EPF has been disposing shares - 15mil in september alone.

yes, don't ask strangers on i3 to make your investment decisions

i urge all of you to read the announcement posted on bursa (illustrated with examples) and not come to forums like i3 and ask "experts" for advice.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3185665

ok

suicide is no joking matter but you should stop posting

nope

no need to blame gomen for everything

@kim722, rakuten accounts are nominee accounts - they typically take a few extra days to credit the dividends to you

omg ok buy!

cost of fuels for generation does not impact TNB bottom - all regulated through the pricing mechanism

besok hari khamis...

80k units sold in one go - this is probably UJ cashing out.

this kind of volume (1 lot, 5 lot) is probably not EPF selling. Too small fish. This is just profit taking

this is amazing advice!!!

no

lol letter of "motification"

aiya, illiquid counter la. Valuations will always fall short of expectation where there is no market volume to sustain the price

quality analysis @maya1301

I don't actually have a point to make here, just wanted to post this first.

TheEdge Tue, Sep 07, 2021 01:26pm - 23 minutes ago

KUALA LUMPUR (Sept 7): The post-pandemic outlook for the palm oil industry in Malaysia remains bright, backed by balanced supply and demand as well as an expected recovery from labour shortages next year.

Council of Palm Oil Producing Countries (CPOPC) executive director Tan Sri Dr Yusof Basiron said palm oil prices were relatively high for most of 2020 and 2021, and for producer countries, whose economies were affected by the pandemic, the increased revenue from the palm oil sector was much welcomed.

Consumers, on the other hand, were affected by high prices of oils and fats. He said lower supply of rapeseed and sunflower oil and strong demand for soybean and its oil led to the recent period of high soybean oil prices.

However, Yusof said, lower prices of palm oil relative to soybean oil were benefiting consumers, especially those whose incomes were affected by the economic slowdown due to the Covid-19 pandemic.

"The current trend of a long period of high prices experienced by palm oil (and other oils and fats) may be part of a new long-term shift in the supply and demand balance of palm oil as well as for other oils and fats.

"While demand for oils and fats continued to grow according to past trends due to expanding populations, supply of palm oil may not be increasing at a high rate of growth as in the past," he said in his keynote address at the second edition of the World Palm Virtual Exhibition and Conference today.

Yusof also said the moratorium on new land expansion for oil palm cultivation in Indonesia and similar lack of new land for oil palm cultivation in Malaysia limited the growth rate of palm oil production in recent years and in the long term.

As other oils and fats were growing at a lower rate than palm oil, he said, it was unlikely that next major crop, such as soy production, would grow at “super high rate” to compensate the lack of rapid expansion in palm oil production as in the past.

Therefore, Yusof said, the future supply of oils and fats had to experience a slowing growth relative to demand, and prices had to rise to reflect the new supply and demand balance.

"If this outlook holds true, palm oil producers will continue to enjoy remunerative prices for their palm oil, and maximising production of palm oil will be pursued by improving yields through better agronomic practices," he added.

According to him, yield improvement for the palm oil industry had not happened, unlike with other oilseed crops where a 50% increase in yield was achieved in the last few decades.

"If the palm oil industry can seize the opportunity to improve its yield by 50% like other oilseed crops, over 35 million tonnes of palm oil can be additionally produced per year without any plantation land area expansion.

“This will represent an opportunity for a huge increase in revenue for palm oil producers, given the projected high prices prevailing in the near future," Yusof said.

Meanwhile, Faye Loo, an analyst at global agricultural commodity and agribusiness economic consulting firm LMC International, said rising Covid-19 cases had caused experienced foreign workers from Indonesia and Bangladesh to leave work as their permits were not renewed.

On top of that, there were also no new arrivals of workers due to border closures.

She expressed hope that the situation would recover in 2022, thus increasing production and yields.

According to her, an estimated 75,000 additional workers are needed to ensure good plantation operations in Malaysia.

"The effect of a lack of workers has caused harvesting intervals to prolong to above one month at some plantations.

“In some cases, fruits were being left to rot on trees because they were not harvested in time, while some neglected maintenance in trying to focus on harvesting work led to palm fruit trees being left unpruned," said Loo.

For 2022, she said, LMC expects Malaysian palm oil production output to slightly rebound to 18.4 million tonnes, and Indonesia’s to be up by two million tonnes to 47.2 million tonnes.

This year, she said, Malaysia's output is expected to be similar to that of 2020 at 18.1 million tonnes, while for Indonesia, the volume is expected to be 45.5 million tonnes.

if TP RM10.17 i mortgage my house and buy lo boss

why not 13?