Posted by emsvsi > 2021-05-04 15:19 | Report Abuse

Hartalega is seeing shipment issues i.e. ports are busier than ever

MMC TO THE MOON

Posted by bobochacha > 2021-05-04 15:19 | Report Abuse

@joshuaMS7, the story is MMC is going to ipo their port business. we all know this but we dont know when only it will really happen.

probably maybe after QR result out, they can validate and fetch a higher valuation for their port business.

Posted by bobochacha > 2021-05-04 15:22 | Report Abuse

@emsvsi, wah this kaki goreng .. anything also can relate to MMC. but is a good news for port. tqtq

Posted by Superb99 > 2021-05-04 15:29 | Report Abuse

selling pressure comes again...wth...only up few cents then gg

Posted by coffeesheep > 2021-05-04 15:34 | Report Abuse

lucky i got topup abit last week, now just sit back and relax, wait for QR release and dividend ex-date

Posted by JoshuaMS7 > 2021-05-04 15:35 | Report Abuse

@bobochacha noted with many thanks! Will hold tight for the warrant! Hope able to view 1.00 in one day. Just hold bit la :)

Posted by JoshuaMS7 > 2021-05-04 15:44 | Report Abuse

@Superb99 because warrant issuer keep pressing the price up, they selling lot volumes just now at 1.18 if not mistaken because their warrant going to expired soon!

Posted by bobochacha > 2021-05-04 15:50 | Report Abuse

actually warrant issuer have another way for hedging their losses. whenever someone buy for example 1000 unit of Call warrant, they will buy the mom 10,000 unit. so when u are making money, at the same time the IB too are making money.

But of course they internally got set a ratio to hedge. so make money or not depend how well they manage the ratio.

Posted by bobochacha > 2021-05-04 16:02 | Report Abuse

and they wont sell so early la.. at least the last week of trading b4 their call warrant expiry

Posted by Superb99 > 2021-05-04 16:22 | Report Abuse

too bad MMC seems not able to close above 1.18 today....sometimes i also ask myself why this counter is priced at super low price...if price up, shareholders also untung wat...weird

Posted by stockraider > 2021-05-04 16:28 | Report Abuse

IT IS COMING LOH!

Posted by JoshuaMS7 > 2021-05-04 16:36 | Report Abuse

Trust me is warrant issuer blocking the price up! They bought lot lot at 0.990 and 1.00 from my observation last few months!!

Posted by Superb99 > 2021-05-04 17:10 | Report Abuse

how about few months ago it dropped from 1.2 plus to 0.9 plus also due to warrant issuer? if that is the case, MMC will forever at 1.1 sth?...lol

Posted by bobochacha > 2021-05-04 21:43 | Report Abuse

https://www.investing.com/news/economic-indicators/us-trade-deficit-rises-to-a-record-high-in-march-2494386

Posted by Superb99 > 2021-05-05 10:57 | Report Abuse

too bad, resistance again at 1.18

Posted by emsvsi > 2021-05-05 11:06 | Report Abuse

BREAKING

Crunch at European ports after Suez unblocking

Europe’s main container ports are receiving far more boxes than are departing, according to Container xChange.

Gary Howard | May 04, 2021


The increase in imports comes after the blockage of the Suez Canal by Ever Given caused huge tailbacks of ships, and the canal’s unblocking released the queue of laden vessels on their way to Europe.

Week-on-week, the increase in incoming 20-foot dry containers in week 17 was 3.75% in Rotterdam, 3.5% in Antwerp and 2.2% in Hamburg [Europe ports]

Full article: https://www.seatrade-maritime.com/containers/crunch-european-ports-after-suez-unblocking


Note: The Straits of Malacca and Singapore serve arguably the most important shipping route in the world - Asia-Europe - MMC's ports in Port of Tanjung Pelepas (Singapore) and Northport (Port Klang) straddle this route

Posted by Superb99 > 2021-05-05 11:15 | Report Abuse

may be the price is really pressed down by bankers, susah la, park it into freezer first...

Posted by coffeesheep > 2021-05-05 13:32 | Report Abuse

MMC supports Petronas' LNG exports to China
https://www.nst.com.my/business/2021/05/687811/mmc-supports-petronas-lng-exports-china

Posted by steve8lily > 2021-05-05 16:12 | Report Abuse

MMC gogogo, pls break 1.2

Posted by Superb99 > 2021-05-05 16:18 | Report Abuse

u mean break 1.1 is it?....

Posted by Pinky > 2021-05-05 17:05 | Report Abuse

siapa yg takda holding power, jual aje...

Posted by tatwaiwong > 2021-05-05 19:24 | Report Abuse

大马气体首季赚5563万
Sinchew Wed, May 05, 2021


（吉隆坡5日讯）归功于天然气销售和盈利赚益双涨，大马气体（GASMSIA,5209,主板公用事业组）截至2021年3月31日第一季净利增长16.23％，从前期的4786万3000令吉增至5563万令吉。

首季营业额报11亿5268万2000令吉，比去年同期的16亿零620万5000令吉减少28.24％，主要是平均天然气收费减少，抵销高天然气销售量影响。

该公司发文告表示，展望未来，虽然冠病疫情持续对商业活动和大马经济带来影响，但在政府多元振兴配套和财政预算案带来的正面溢出效应，以及疫苗接种计划提振市场信心下，大马经济预期在今年走向复苏。

“综合以上，集团预期截至2021年12月31日财政年将取得令人满意的业绩表现。”

4.33 4.330 0.7768 1.15b 55.63m 1 2021-03-31 31 Dec, 2021 2021-05-05 16.2%

Posted by steve8lily > 2021-05-05 20:52 | Report Abuse

tomorrow up up up

Posted by probability > 2021-05-05 21:46 | Report Abuse

Maersk books record profit on surging freight demand

Wednesday, 05 May 2021 04:07 PM MYT

https://www.malaymail.com/news/money/2021/05/05/maersk-books-record-profit-on-surging-freight-demand/1971867

Posted by probability > 2021-05-05 21:49 | Report Abuse

Why above news of MAERSK matters to PTP

https://theloadstar.com/surge-in-transhipment-traffic-pushes-port-of-tanjung-pelepas-to-a-new-record/

Malaysia’s port of Tanjung Pelepas (PTP) saw 8% growth in 2020, to a record-breaking 9.8m teu, making it an outlier among South-east Asia’s competing transhipment hubs.

The growth the port, which is operated by Maersk subsidiary APM Terminals as the carrier’s key transhipment hub in the region, came despite global economic uncertainties and the Covid-crisis .

PTP CEO Marco Neelsen explained the reasons: “A surge in extra transhipment volumes, due to the increased demand in Asia and Europe, and requests from customers to increase their throughput at PTP.”

He said the second-half of the year had seen the opening of more borders and the revival of the global trade economy for the China, transpacific and Europe regions.

Posted by probability > 2021-05-05 21:52 | Report Abuse

COPENHAGEN, May 5 — Danish shipping giant AP Moller-Maersk said today that it booked record earnings in the first quarter on the back of surging demand during the coronavirus pandemic.


For the first three months of the year, the world’s biggest freight company posted net profit of US$2.7 billion (€2.3 billion).

That is almost as much as the group made in the full-year 2020 and a 13-fold increase over the figure for the first quarter of 2020, Maersk said in a statement.

Sales, which were already announced at the end of April when the group raised its 2021 full-year targets, rose by 30 per cent to US$12.4 billion.

“Strong demand led to bottlenecks, as well as lack of capacity and equipment, which drove up freight rates to record high levels,” said chief executive Soren Skou.

Maersk said it would launch a new US$5-billion share buy-back programme over the next two years.

As a result of the pandemic, demand for shipping has surged since mid-2020 and especially since the end of the year, in particular from Asia to the US and Europe.

Shipping companies and analysts attribute the rise to consumers purchasing more manufactured products, instead of spending their money on trips and restaurants and other experiences.

Additionally, many companies are still in the process of restocking after reducing their orders in the first months of the pandemic.

On some routes, primarily those from Asia, some container rates have been tripled or even quadrupled.

In March, the situation was aggravated further by the six-day blockage of the Suez canal, which caused major traffic jams for vessels and held up an estimated US$9.6 billion worth of cargo between Asia and Europe each day.

Posted by steve8lily > 2021-05-05 23:07 | Report Abuse

surge 1.5 no issue on this coming Qr on 20May release

Posted by coffeesheep > 2021-05-05 23:21 | Report Abuse

maybe QR will release earlier before raya holiday and surprise us with special dividend

Posted by KooSan > 2021-05-05 23:27 | Report Abuse

patience comrades...those contra fellas doing it again

Posted by JoshuaMS7 > 2021-05-06 10:03 | Report Abuse

warrant issuer keeps pressing price, better buy it after the warrant expired. feel unable fight v the issuer..

Posted by emsvsi > 2021-05-06 10:12 | Report Abuse

BREAKING

China’s major ports report growth in container throughput
05/05/2021

China’s major ports reported growth in container throughput in mid-April, data from an industrial association shows.

From April 11 to 20, container throughput at China’s eight key ports increased 17.8 percent year on year, according to the China Ports and Harbours Association.

Specifically, the container throughput for foreign trade rose 22.3 percent from a year earlier during the same period.

The growth rate of container throughput at Ningbo Zhoushan port exceeded 30 percent in mid-April, while that of Shanghai, Xiamen and Shenzhen ports exceeded 20 percent, said the association.

The boom in container throughput for foreign trade came amid the rapid expansion in China’s exports, with its exports surging 38.7 percent year on year in the first quarter of this year.
Source: Xinhua News Agency

https://www.hellenicshippingnews.com/chinas-major-ports-report-growth-in-container-throughput/

Posted by information > 2021-05-06 11:15 | Report Abuse

For the first three months of the year, the world’s biggest freight company posted net profit of US$2.7 billion (€2.3 billion).

That is almost as much as the group made in the full-year 2020 and a 13-fold increase over the figure for the first quarter of 2020, Maersk said in a statement.

........

surely Maersk subsidiary APM Terminals (PTP) would have benefitted

Posted by petnch2020 > 2021-05-06 11:20 | Report Abuse

Thanks emsvsi. Appreciate the constant updates. Sometimes i miss some of the news on other ports in the regions.

Posted by SincereStock > 2021-05-06 11:53 | Report Abuse

steady guys, klci index yang drop badly, mmc is one of those 20% companies that is still green as of now

Posted by SincereStock > 2021-05-06 11:54 | Report Abuse

west port also green, that's mean the sentiment is still positive towards logistic company at current bad market

Posted by Superb99 > 2021-05-06 12:27 | Report Abuse

maybulk also can up, why not mmccorp

Posted by abc333 > 2021-05-06 12:28 | Report Abuse

steadylah contra kaki only sell, we hold tight till 2.5

Posted by SincereStock > 2021-05-06 12:28 | Report Abuse

steady, the more it being pressed down, the higher it rebounds

Posted by Superb99 > 2021-05-06 12:34 | Report Abuse

2.5...erm...need another year...k la, freezer still got space

Posted by emsvsi > 2021-05-06 12:41 | Report Abuse

Maersk's regional South East Asia transshipment hub (i.e. main port) is the Port of Tanjung Pelepas

AP Moeller Maersk A/S Class B (+6.94%)
16,030.00 DKK +1,040.00
5 May, 4:59 pm GMT+2 ·Disclaimer
CPH: MAERSK-B

As the saying goes, a rising tide lifts all boats - the shipping liners (Maersk is a leading container company and No. 1 on the Asia-Europe route*) do well, and the entire supply chain does well (e.g. see Gloves and Raw Material (NBR prices), Chemicals (Luxchem) and Formers (Esceram) etc)

Only difference is the global recovery is just beginning and there is a long runway (economic expansions run for years with the economic cycle typically 10 years). Coupled with surges in the demand for goods arising from reopenings, capital expenditures across industries/sectors (new plants, machinery, capital goods, raw materials due to lack of investment during covid), government stimulus, trade diversion/supply chain disruption (US-China trade war), commodities bull etc - global trade and import & export will go on a supercycle

Posted by SincereStock > 2021-05-06 12:43 | Report Abuse

@superb99 hard to say west port is RM4, MMC's EPS can easily beat west port future onwards, RM2.5 is very very reasonable short term target

Posted by SincereStock > 2021-05-06 12:45 | Report Abuse

won't be long, next QR result is very near, rally can start anytime soon

Posted by SincereStock > 2021-05-06 12:45 | Report Abuse

enter now or miss the lowest price pre-rally

Posted by SincereStock > 2021-05-06 12:53 | Report Abuse

even if it really takes another year to reach rm2.5, that is almost 150% investment return per year, definitely worth to hold long term

Posted by florenceyong > 2021-05-06 14:27 | Report Abuse

Go

Posted by Invest_888 > 2021-05-06 20:24 | Report Abuse

Most stocks fell, MCC moved up today.
Glove stocks fell badly, MCC could be ex-glove stocks fan choices.

Posted by probability > 2021-05-06 21:54 | Report Abuse

Cosco Shipping Ports Q1 profit soars 140pc to US$73 million

MAINLAND China's international port operator Cosco Shipping Ports announced that net profits in the first quarter of the year surged 140

https://www.seanews.com.tr/cosco-shipping-ports-q1-profit-soars-140pc-to-us-73-million/189665/

Posted by Invest_888 > 2021-05-07 08:58 | Report Abuse

MMC: Supports Petronas' LNG exports to China. MMC Corp has supported Malaysia's export of liquefied natural gas (LNG) in ISO tank containers to Shanghai, China from its port in Pasir Gudang, Johor. The shipment was made on April 13 and marked the first export of Petroliam Nasional Bhd's (Petronas) LNG in ISO tank containers from Johor to China. (BTimes)

Posted by emsvsi > 2021-05-07 10:47 | Report Abuse

Saudi Ports reports 2.5 million containers in the Q1 of 2021
06/05/2021

The Saudi Ports Authority (MAWANI) has reported a rise in the total number of handling containers during the first quarter of 2021, with an increase of 16.18 percent, or 2.5 million standard container.
--
Saudi Ports achieved an exceptional rise in the number of transshipping containers at 41.36 percent, or 1.3 million standard container, represented by 2,973 ships, or an increase of 5 percent compared to the same period, last year.

Full article: https://www.hellenicshippingnews.com/saudi-ports-reports-2-5-million-containers-in-the-q1-of-2021/


Note: PTP is a major transshipment hub: -

1. Surge in transhipment traffic pushes port of Tanjung Pelepas to a new record (28/1/21)
https://theloadstar.com/surge-in-transhipment-traffic-pushes-port-of-tanjung-pelepas-to-a-new-record/

2. Higher transhipment cargo volume at Tanjung Pelepas: MMC (8/4/21)
https://www.nst.com.my/business/2021/04/680720/higher-transhipment-cargo-volume-tanjung-pelepas-mmc

Posted by bobochacha > 2021-05-07 12:17 | Report Abuse

total, i see quite high accumulation at 1.15, smart money already accumulating..ngek ngek ngek