1 person likes this.

14 comment(s). Last comment by calvintaneng 2023-03-02 22:09

Posted by ITreeinvestor > 2022-11-29 12:03 | Report Abuse

The fact is CPO price hardly go up further.
At the same time cost of production is surging due to
1) high fernitiser price
2) min. wages raise from RM1,200 to Rm1,500

investor77

809 posts

Posted by investor77 > 2022-11-29 13:44 | Report Abuse

Most CPO shares are making good profit. This shows despite high fertilizer cost and higher wages for workers, it is still profitable Land is a scarce commodity, so should Sime Darby or BPlantation sells any one of its good location land, it will reap enormous profit. TSH will also later gain from its land near to new Indon capital at Kalimantan bought cheaply in due time.

stockraider

31,556 posts

Posted by stockraider > 2022-11-30 10:53 | Report Abuse

Yes ....very safe to invest in palmoil stock loh!

Posted by Hate the Spammers in i3 > 2022-11-30 15:41 | Report Abuse

aiyo why calvin talk bad about my KNM. I have both Tsh and Knm. If you make me angry again I will talk bad you like 'See research' and 'Mikecyc'! Hahahah

calvintaneng

56,437 posts

Posted by calvintaneng > 2022-11-30 18:41 | Report Abuse

hahaha sorry my friend

no offense intended

just share the facts

calvintaneng

56,437 posts

Posted by calvintaneng > 2022-12-01 14:31 |

Post removed.Why?

calvintaneng

56,437 posts

Posted by calvintaneng > 2022-12-15 00:28 | Report Abuse

And these are the warning red flags on KGB

1. KGB committed to complete Sarawak Construction project by End December 2022 worth Rm420 Millions

See
https://www.thestar.com.my/business/business-news/2021/09/14/kelington-bags-rm420mil-construction-job-in-sarawak

So far no sign of payment except got Rm530 Million Receivables (IOU) in balance sheet

Why KGB not get payment yet?

Is it due to incompletion by cost over runs

CEMENT PRICES UP BY 15% IN EARLY
NOW ANOTHER 15% HIKE IN CEMENT PRICES

HOW TO SURVIVE 30% CEMENT PRICE HIKE IN ONE YEAR?

See

https://www.edgeprop.my/content/1904606/construction-groups-want-govt-probe-latest-cement-price-increase?wref=edgemarkets

Another Red Flag

Since KGB got no payment IT GONE TO BORROW MORE MONEY

Refer KGB balance sheet

Short term loan jumped from Rm29 millions to Rm152 Million or Up by Rm123 Millions

Matter of time due to High Construction cost KGB will go insolvent & later bankruptcy

BETTER SELL KGB

SITTING TIME DEBT BOMB OF CONSTRUCTION OVER RUNS, IOUS & HIGHER DEBT LOAD

GET OUT NOW!

SELL ALL KGB

SELL ALL KGB WB FAR OUT OF MONEY!

stockraider

31,556 posts

Posted by stockraider > 2022-12-15 07:55 | Report Abuse

Correct mah!

How can u go wrong investing in plantation leh ??

It is a perfect hedge agst inflation loh!

U see plantation land is finite cheap assets mah!

U cannot get more loh!

calvintaneng

56,437 posts

Posted by calvintaneng > 2022-12-20 19:11 | Report Abuse

Exactly

lands are indestructible

SEE_Research

4,673 posts

Posted by SEE_Research > 2023-01-05 19:55 |

Post removed.Why?

Posted by eeq4311111 > 2023-01-05 21:02 | Report Abuse

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SEE_Research

4,673 posts

Posted by SEE_Research > 2023-02-18 16:25 |

Post removed.Why?

calvintaneng

56,437 posts

Posted by calvintaneng > 2023-03-02 22:09 | Report Abuse

banned

calvintaneng

56,437 posts

Posted by calvintaneng > 2023-03-02 22:09 | Report Abuse

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