5 people like this.

61 comment(s). Last comment by SEE_Research 2023-01-15 07:19

speakup

25,315 posts

Posted by speakup > 2023-01-06 22:45 | Report Abuse

TQ. Good info.
Won't be touching cypark

calvintaneng

53,635 posts

Posted by calvintaneng > 2023-01-06 23:33 | Report Abuse

Hahaha Speakup

Once bitten twice shy

Calvin warned Speakup about mmag at Rm1. 60 when they used a decoy to trap (someone bought Rm200 million Mmag at Rm1.60)

M = Mass
M = Murder
A = All
G = Goreng

Now only 2 sen (dropped 98%)

Good

Speakup please change your ID

From Speakup to "Wakeup"

Ho! Ho! Ho!

calvintaneng

53,635 posts

Posted by calvintaneng > 2023-01-06 23:38 | Report Abuse

Aiyoyo Speakup

I just checked

Mmag is now only 1.5 sen

A drop of 99% from Rm1. 60

At what price you sold Mmag or are you still holding since Rm1. 60?

SEE_Research

4,575 posts

Posted by SEE_Research > 2023-01-07 00:42 |

Post removed.Why?

SEE_Research

4,575 posts

Posted by SEE_Research > 2023-01-07 00:49 | Report Abuse

SEE_Research
The Trilogy of Fast and Furious Mode / Part 2

SEE_Research
Publish date: Wed, 04 Jan 2023, 06:46 AM
Malaysia

is well blessed with

2 landmarks resources __ one is from the ground and the sea __ this is the natural resources of the

black *** gold *** .

The other is from the land in which we first started cultivation of rubber in 1877 subsequently in 1985 / 1986 __ the country progressively changed to oil palm estates .

Rubber Cultivation

Development of the rubber industry in Malaysia

A tourist attraction in Kuala Kangsar, Perak, located near the District Office, is believed to be the first rubber tree planted in Malaysia, in 1877.

It was one of the nine seedlings brought over by Henry Nicholas Ridley, who became director of The Singapore Botanic Gardens in 1888.

Ridley was instrumental in the development of rubber plantations in Malaysia, then known as Malaya.

According to the website of Economic History of Malaya (EHM), a project run by the Asia-Europe Institute of Universiti Malaya and led by Perak ruler Sultan Nazrin Shah, natural rubber was a critical pillar of Malaysia’s export-oriented economy throughout much of the 20th century.

“The massive boom in rubber trade came in the first decade of the 20th century as prices rose as a result of the spectacular upsurge in demand from the US automobile industry and the related demand for rubber tyres.

“As global demand for natural rubber increased and rubber prices rose sharply towards the end of the first decade of the 20th century, rubber planting became highly profitable and rubber plantations spread across the Malay Peninsula. Initially, most rubber planting took place in Perak, Selangor, Negeri Sembilan and Johor — states where infrastructure already existed and was expanding,” says EHM.

It adds that high prices also encouraged smallholders to plant rubber instead of cultivating rice and doing other subsistence farming.

“By the 1930s, Malaya had become the world’s largest natural rubber producer. The use of an improved method of tapping to extract the maximum flow of latex with the minimum damage to trees helped increase supply,” says EHM.

According to EHM, apart from the period under Japanese rule, Malaya’s share of the world’s supply of rubber did not fall below 30% until the late 1980s.

////////////////////////////////////////////////////

SEE_Research

4,575 posts

Posted by SEE_Research > 2023-01-07 00:54 | Report Abuse

According to EHM, apart from the period under Japanese rule, Malaya’s share of the world’s supply of rubber did not fall below 30% until the late 1980s.

/////////////////////////////////////////////////////

History

British Malaya

Palm oil trees were introduced to British Malaya by the British government in early 1870s as ornament plants from Eastern Region and The Oil River Protectorate, Nigeria, West Africa. The first commercial palm oil cultivation was done in Selangor in 1917 at Tennamaran Estate. In the early stage of development, the government focused on increasing its palm oil output by rapidly increasing the land area for the palm oil cultivation.

Malaysia

In the early 1960s, palm oil cultivation increased significantly under the government diversification program to reduce Malaysia's dependency on rubber and tin.[5] The FELDA land settlement schemes were introduced surrounding most of the palm oil plantation fields to eradicate poverty among the local people. In the same period, Malaysia also became the world's largest palm oil exporter. In the 1980s, the government nationalized three major palm oil companies, which were Guthrie, Golden Hope and Sime Darby.[6]

Around in 1985

Meanwhile, the large plantation companies themselves--outfits like Guthries, Harrison & Crosfield and Sime Darby--are abandoning rubber in favor of oil palms, a crop that delivers a quicker and, for now, better return on their money

A drive through the Malaysian countryside shows the change well under way. The rubber groves that used to march across the rolling hills are coming down, replaced with squat legions of new oil palms.

In the natural rubber business, there is no product for seven years after the decision has been made to plant: one year for soil preparation and another six years before the trees are ready to bear the natural latex. That’s a long time to tie up money for an uncertain price.

Oil palms begin producing in three years. The palm produces “fruitlets” that are crushed to yield an oil for cooking and other uses.

“I have 500 workers here now,” the plantation’s manager said. “I’ll need half that many when we make the changeover to oil palms.”

Rubber trees are tapped every other day for maximum yield. It’s a job that takes a fine touch, handed down through families that have been on the plantations here for generations.

“An oil palm worker, on the other hand, just needs brute strength,” the plantation boss said.

In a mature palm grove, the worker moves through the trees looking for bunches of fruitlets high among the fronds. Then he hacks or saw them down with a scythe-like knife attached to a long pole. The fruit is gathered from the ground and taken to a crusher to be made into oil.

The rubber tapper’s job requires finesse, not force. A diagonal cut is made through the bark of the tree, taking a thin peel from the edge of bark exposed by the previous cut. A thick peel is a waste, for it takes very little to start the latex running. Too deep a cut, into the wood of the tree itself, will scar the surface and make a second tap more difficult once the bark grows back.

The tapping is done in the morning. At midday the latex that has run into a small cup below the cut is taken to the plantation factory for processing. In the afternoon, the work force turns to maintenance tasks around the plantation.

“There have been efforts to mechanize rubber tapping,” the company official said. “The Japanese came up with a motorized knife, but it’s not as dependable.”

Whatever the economics from the planters’ point of view, plantation rubber producers were already facing problems with their work force.

Caught up in the rising expectations of other Malaysians, the plantation workers were steadily drifting into the cities in search of a better life.

“We may have to start looking for immigrant labor, perhaps Bangladeshis,” the plantation manager said.

Most Malaysian plantation tappers are Tamils with roots in southern India, brought here by British colonial planters as indentured laborers early in the century. The majority of smallholders are ethnic Malays.

The smallholders, private landowners, generally have unproductive trees and make a meager income from rubber. A plantation worker averages close to the nation’s per-capita income of $2,000 U.S. a year, and the planter provides housing, medical care and day-care facilities. He also gives the worker a bit of land for planting vegetables for his own use or for sale.

A national rubber workers union has pushed wages up, but not enough to dim the city lights.

“I don’t want to be a tapper,” said Saravalain, a 14-year-old Tamil boy who was gathering latex from the trees for his worker-parents during a break from school. “I want to be a lawyer.”

//////////////////////////////////////////////////////

Malaysia progress in rubber industry and subsequently followed by oil palm estates .

SEE_Research

4,575 posts

Posted by SEE_Research > 2023-01-07 00:58 |

Post removed.Why?

SEE_Research

4,575 posts

Posted by SEE_Research > 2023-01-07 01:12 | Report Abuse

1

SEE_Research

4,575 posts

Posted by SEE_Research > 2023-01-07 01:18 |

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SEE_Research

4,575 posts

Posted by SEE_Research > 2023-01-07 01:24 |

Post removed.Why?

brightsmart

3,784 posts

Posted by brightsmart > 2023-01-07 10:34 | Report Abuse

very good work

brightsmart

3,784 posts

Posted by brightsmart > 2023-01-07 10:34 | Report Abuse

sslee wants to be activist.......................then sslee should take up this case.

brightsmart

3,784 posts

Posted by brightsmart > 2023-01-07 10:35 | Report Abuse

sslee wants to be activist...then can also do investigative reporting like this piece.

brightsmart

3,784 posts

Posted by brightsmart > 2023-01-07 10:36 | Report Abuse

sslee, forget HY...........nothing in HY................. u lose money in hy is your own mistake, nothing to do with the company.

brightsmart

3,784 posts

Posted by brightsmart > 2023-01-07 10:42 | Report Abuse

this are a lot of stuffs in this article.

in Malaysia, a lot of companies are listed and share prices are supported by left hand right hand profits from epcc work on their own projects/ fixed assets ...................... who to blame? surely the authorities is part of the problem.

brightsmart

3,784 posts

Posted by brightsmart > 2023-01-07 10:45 | Report Abuse

the authorities have not been doing their job, the minority shareholders watch dog ngo have not been doing their job, the media have not bee doing their job. Its a gray area and nobody wants to touch it

brightsmart

3,784 posts

Posted by brightsmart > 2023-01-07 10:50 | Report Abuse

all these epcc profits on own assets is fertile ground for share price manipulation.

causing a lot of problems to minority share holders and members of the public ....so when will the authorities look into it?

brightsmart

3,784 posts

Posted by brightsmart > 2023-01-07 10:52 | Report Abuse

this practise started way back many years ago with the North South Highway project. ...and Plus wanted/ needed to show profits from the word go.

brightsmart

3,784 posts

Posted by brightsmart > 2023-01-07 10:54 | Report Abuse

the analysts, the reporters, the main stream media are part of the problem because nobody wants to spoil the dinner.

brightsmart

3,784 posts

Posted by brightsmart > 2023-01-07 10:56 | Report Abuse

and this problem is not just with cypark................................................its widely practised in malaysia

brightsmart

3,784 posts

Posted by brightsmart > 2023-01-07 11:01 | Report Abuse

personally, I don't see a solution.............the authorities , the issuing house, the KlSE, the SC , the auditors are all invested into the scam already .

brightsmart

3,784 posts

Posted by brightsmart > 2023-01-07 11:13 | Report Abuse

if the unity government is serious about protecting investors, protecting minority share holders, protecting the small people.......................................... then the authorities need to offer better guidelines to this practise ...and this is a wide spread practise in Malaysia not just limited to cypark.

brightsmart

3,784 posts

Posted by brightsmart > 2023-01-07 11:23 | Report Abuse

when there are loopholes in the guidelines/ laws, people will exploit it, and what better way to generate profits than left hand right hand profits ? there is no willing buyer willing sellers basis .......the buyer and seller is the same party and just want to show big profits from the word Go. ................................................ it is fertile ground for cheating, for frauds, for profits manipulation and share market manipulations.

calvintaneng

53,635 posts

Posted by calvintaneng > 2023-01-07 11:27 | Report Abuse

SEE Research recommended kgb wb to Eagle Group

Yesterday one Eagle Group cutloss kgb wb and suffered a loss of 50%

Fortunately his good dividends from bplant, hs plant, Tsh, Taann, Fgv, jtiasa cushioned his losses from following SEE Research buy the rubbish overvalued kgb wb

SEE Research was banned by Eagle group admin Ms Wendy for misbehavior

Last week 2 directors of Revenue were banned for wrong doings

They brought 4 thugs and barged in to steal 30 boxes of documents by criminal force

This SEE Research acts like cyber thug bull doze his way everywhere and cry father cry mother after being banned for wrong doings

calvintaneng

53,635 posts

Posted by calvintaneng > 2023-01-07 11:27 | Report Abuse

SEE Research recommended kgb wb to Eagle Group

Yesterday one Eagle Group cutloss kgb wb and suffered a loss of 50%

Fortunately his good dividends from bplant, hs plant, Tsh, Taann, Fgv, jtiasa cushioned his losses from following SEE Research buy the rubbish overvalued kgb wb

SEE Research was banned by Eagle group admin Ms Wendy for misbehavior

Last week 2 directors of Revenue were banned for wrong doings

They brought 4 thugs and barged in to steal 30 boxes of documents by criminal force

This SEE Research acts like cyber thug bull doze his way everywhere and cry father cry mother after being banned for wrong doings

calvintaneng

53,635 posts

Posted by calvintaneng > 2023-01-07 11:27 | Report Abuse

SEE Research recommended kgb wb to Eagle Group

Yesterday one Eagle Group cutloss kgb wb and suffered a loss of 50%

Fortunately his good dividends from bplant, hs plant, Tsh, Taann, Fgv, jtiasa cushioned his losses from following SEE Research buy the rubbish overvalued kgb wb

SEE Research was banned by Eagle group admin Ms Wendy for misbehavior

Last week 2 directors of Revenue were banned for wrong doings

They brought 4 thugs and barged in to steal 30 boxes of documents by criminal force

This SEE Research acts like cyber thug bull doze his way everywhere and cry father cry mother after being banned for wrong doings

brightsmart

3,784 posts

Posted by brightsmart > 2023-01-07 11:36 | Report Abuse

whether it is building a house, a road or an IPP, the proper way to prepare the accounts is to show profits only when there is real third party transactions in rental income , sales, tolls, electricity tariffs.......................... but in stock market in malaysia, profits can be generated from the word Go and while the asset is still being build. .............. and this is the guidelines/ laws of Malaysia now.

calvintaneng

53,635 posts

Posted by calvintaneng > 2023-01-07 11:37 |

Post removed.Why?

brightsmart

3,784 posts

Posted by brightsmart > 2023-01-07 11:39 | Report Abuse

with such guidelines/ laws, u think people don't exploit it meh?

brightsmart

3,784 posts

Posted by brightsmart > 2023-01-07 11:40 | Report Abuse

calvin tan................I am a trader.................good ,bad ugly also I can trade............................I trade to make money not for any other purpose.

brightsmart

3,784 posts

Posted by brightsmart > 2023-01-07 11:44 | Report Abuse

as for cypark................I got cypark at 53 sen, sold yesterday at 65..............I am a trader, what to expect?

brightsmart

3,784 posts

Posted by brightsmart > 2023-01-07 11:51 | Report Abuse

calvin..................................................this i3 is a very funny place.........everyone here is a trader.................why look down on traders? u think your plantations did well meh? u think buy and hold plantations in 2022 did well meh?

brightsmart

3,784 posts

Posted by brightsmart > 2023-01-07 11:55 | Report Abuse

my basis of buying cypark is very simple. jakel is a very big name in Malaysia.

my basis of selling is equally simple.................. I expect there will be a draw back

calvintaneng

53,635 posts

Posted by calvintaneng > 2023-01-07 12:07 | Report Abuse

At least palm oil did not crash by 90% like your Sendai or 95% crash for Pang72 Gpacket or 99% crash like Speakup Mmag

or even by more than 60% crash of Kgb wb by SEE Research

most palm oil co are ok and giving out best ever dividends since listing

bplant gave 24% dividend
innoplant 15%
hs plant 11%
Taann 10.9%
Tsh Resources 10.9%
Fgv 9.1%
Jtiasa 5.6%

Like this

in year 2019 Cpo was Rm2200 and cost of Cpo production Rm1400

profit only Rm800 per ton

now Cpo reached Rm4000
cost up at Rm2000

profit has increased from Rm800 to Rm2000

or free cash flow (Fcf) of surplus Rm1200

all palm oil companies are OVERFLOWING IN FCF

SO DIVIDEND YIELDS GONE UP VERY HIGH

DickyMe

14,428 posts

Posted by DickyMe > 2023-01-07 12:16 | Report Abuse

"brightsmart

my basis of buying cypark is very simple. jakel is a very big name in Malaysia."
=============================

ROFLMAO!!
Really? JAKEL just got burned down in Shah Alam.
Definitely, "got prawn behind a stone" :-D

calvintaneng

53,635 posts

Posted by calvintaneng > 2023-01-07 12:20 | Report Abuse

Went to take a brief look at Cypark balance sheet

it shows a huge debt of Rm1.4 billions and cash only Rm180 mil

profit is dismal and no wonder Cypark did not pay any dividend for last 3 years

new entrant could just joined to do a fast goreng as textile business now bad due to recession in spending on consumer discretionary

better don't chase

brightsmart

3,784 posts

Posted by brightsmart > 2023-01-07 12:38 | Report Abuse

Dicky...u not good enough to profit from cypark means u are not a good trader or u don't know how big is jakel in Malaysia

brightsmart

3,784 posts

Posted by brightsmart > 2023-01-07 12:43 | Report Abuse

Calvin.... didn't cut loss on your plantations means u are a lousy trader/investor......that is all that is needed to know

calvintaneng

53,635 posts

Posted by calvintaneng > 2023-01-07 12:46 | Report Abuse

Hahaha

I bought Bplant at 57 sen ahd it gave 16% dividend for last 2 years plus price has gone up to 65 sen

No need to sell like your sendai at Rm1.60 gave no dividend plus price also. Collapsed

calvintaneng

53,635 posts

Posted by calvintaneng > 2023-01-07 12:52 | Report Abuse

Do you all take notice?

Palm oil co insiders are buying their own co shares with own hard earned monies

Umalacca boss buying
Taann CEO BUYing
Skwplsnt insider buying
Sop boss buying
Tsh chairman also buying and buying non stop

Epf been buying Klk, Simeplant, Ioi corp and others

Felda keep on buying Fgv

All these are good signs as Warren Buffett likes Co directors using own personal hard earned monies to buy own company shares

JP Morgan also included Tsh and Taann in its msci Malaysia

brightsmart

3,784 posts

Posted by brightsmart > 2023-01-07 14:50 | Report Abuse

This piece which took many hours to write is about epcc profits and associated risks.....not about Calvin and not about plantations.

brightsmart

3,784 posts

Posted by brightsmart > 2023-01-07 14:52 | Report Abuse

Sslee...whoever wrote this is good work and love.....u want to be activist then do investigative research like this la.

brightsmart

3,784 posts

Posted by brightsmart > 2023-01-07 14:56 | Report Abuse

Activism does not mean go and get laymen to listen to CEO bull.shit / sweet talk about their companies.

brightsmart

3,784 posts

Posted by brightsmart > 2023-01-07 15:00 | Report Abuse

AGM is design specifically for CEO to bull.shit / sweet talk about his company...want to attend AGM, better for laymen to attend AGM of good quality companies not AGM of doubtful quality companies.

Sneakpeek

2,199 posts

Posted by Sneakpeek > 2023-01-07 16:10 | Report Abuse

Very n8ce write up..

SEE_Research

4,575 posts

Posted by SEE_Research > 2023-01-07 19:13 |

Post removed.Why?

SEE_Research

4,575 posts

Posted by SEE_Research > 2023-01-07 19:22 |

Post removed.Why?

SEE_Research

4,575 posts

Posted by SEE_Research > 2023-01-07 19:25 |

Post removed.Why?

SEE_Research

4,575 posts

Posted by SEE_Research > 2023-01-07 19:27 | Report Abuse

CCC. By 31 October 2019 ,
barely another
42 days later __ on 31 October 2019
Scomies / 7045
first triggered the
PN 17 classification , after its shareholders ' equity on a consolidated basis fell below 50 % of its issued share capital as at June 30 , 2019


as issued by the report of
The Edge as per below for quick reference .



Scomi Energy’s PN17 status confirmed, Scomi Group gets letter of demand over RM42m loan
Syahirah Syed Jaafar
/
theedgemarkets.com

January 21, 2020 20:38 pm +08

KUALA LUMPUR (Jan 21):
Scomi Energy Services Bhd’s / 7045
Practice Note 17 (PN17) status is confirmed,

after its waiver application was rejected by Bursa Malaysia .


In a statement today, Bursa said
Scomi Energy / 7045
joins its parent company

Scomi Group Bhd on the list, and is the 24th company on the bourse to be listed as PN17.

Scomi Energy / 7045
first triggered the PN17 status on
Oct 31, 2019


first triggered the PN17 status on
Oct 31, 2019


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