Losses for the vital vegetable oil risk accelerating global food inflation that’s already running at a rampant pace. Buyers across Asia and Europe that are awaiting sun-oil deliveries are switching to alternatives soybean, rapeseed and palm. Yet those supplies have been limited as well by weather woes and labor shortfalls, sending prices to dizzying heights. Read more: Russia’s war is redrawing the $120 billion global grain trade. “We’ll have huge stock inside Ukraine, and no stock and no goods for the market outside Ukraine,” Osypov said. “It’s big damage for the food security of the global world, and a big problem with liquidity for the company and the farmers inside Ukraine.”
@lsmailkarin TQ for the info. Hope the guys who misused company funds will be thrown out soon! Can't see why MBL can't do well when other palm oil counters are going North!
Sekarang baru faham macam mana boleh beli kereta lumba dengan duit yang gali dari syarikat listed ni. Bukan sahaja bawa MLM masuk Dan juga dapat duit dari projek projek syarikat.
My name already out in a lot blogs. Everyday still want drag me in to his room to discuss with the gang. What a pressure life I have. Please let me know what I should do : Continue to back up him or reveal the truth?
Good job for giving Muar Ban Lee buy call. It is one of the major palm kernel manufacturers. I just read the news that Malaysia will start to mass produce graphene using palm oil kernels as one of the ingredients.
@Michael Kwok No need to set Target Price for Muar Ban Lee. Be greedy when others are greedy. Be fearful when others are fearful. Never take profits, all in and become rich
Through the MOU, Toyoda, which is a leading company from Japan and well known internationally, has been granted the exclusive right to distribute graphite and graphene produced by Graphjet in Japan.
Graphjet has pioneered an innovative approach to produce graphene from palm kernels. This patented technology is a solution that will advance the development of graphene.
The technology that uses palm kernel as the main ingredient in the production of graphene also gives Malaysia an advantage to supply raw materials in the production of graphene since Malaysia is one of the world's largest producers of palm oil.
Hello Wallstreet, "Through the MOU, Toyoda, which is a leading company from Japan and well known internationally, has been granted the exclusive right to distribute graphite and graphene produced by Graphjet in Japan." Did MBL signed such an MOU with Toyoda? Can provide the link?
Bonus issues! Happy to receive the free warrants and convert to mothers, as possible that MBL will gain from graphite and graphene developments in the world?? See https://www.theedgemarkets.com/node/649917
@yrhc_eht Yes, it will be added automatically, but the ex-date, date of adding not announced yet. About conversion: Please refer to previous issue of warrants https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=220480&name=EA_DS_ATTACHMENTS Generally I go through broker for conversion. If can do online in future, will be more convenient but don't know if MBL will make this option available or not.
Good to remember MBL diversifications:... 50 acres of durians maturing in 2025 and 3 outlets of Proton car dealership.... Tunggu durians jatuh, haha From Annual report of 2020: "......For achieving sustainable growth in revenue and earnings, the Group has acquired 2 blocks of agriculture lands in Muar, Johor measuring a total area of approximately 50 acres to be planted with branded durians such as Musang King, Black Thorn and etc. The durian plantation is expected to mature in year 2025 onwards and contribute positively to the Group’s result. Further, the Group has acquired 3 Proton dealership outlets located at Muar (4S), Kulai (1S) and Langkawi (3S) from Proton Edar Sdn Bhd in October 2020 and commenced its automovie division since then. With the high demand and acceptance for the new models such as X70 and X50, the Group anticipate that the next future models will post a similar trend and contribute positive results to the Group"
Superb result !!!! After dispose the subsidiary , now MBL is sitting on RM110Mil++ cash. NTA is 90 sen Share price now only 52sen. Somemore got bonus issue of warrant coming soon. Can achieve 65sen, 75sen, 85sen and 95sen soon?
Market have no interest on MBL, so low volume. This one seem like no chance for hit & run. Newbie that without holding power cannot touch, it will locked your capital. Only old man with holding power are suitable to buy, need patient and be ready to hold long long time.
Introducing MY's First IPO Fund for Sophisticated Investors!
MQ Chat
New Update. Discover investment communities that resonate with your ideas
MQ Trader
M & A Value Partners IPO Equity Fund has been launched - Targeted 13% Return p.a
Latest Videos
0:17
New IPO: Carlo Rino Group Berhad, a leading fashion retailer of women’s handbags, footwear, and accessories, aims to list on the ACE Market!
MQ Trader 124 views | 22 h ago
0:17
New IPO: A homegrown air fragrance company, Vanzo Holdings Berhad aims to list on the Ace Market!
MQ Trader 233 views | 1 d ago
0:17
New IPO: Winstar Capital Berhad, a specialist in the extrusion of aluminium profiles and fabrication of aluminium ladders aims to list on the ACE Market!
MQ Trader 403 views | 2 d ago
0:17
New IPO: Topvision Eye Specialist Berhad, specializing in medical eye care services aims to list on the ACE Market!
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
wallstreetrookie
9,784 posts
Posted by wallstreetrookie > 2022-04-05 21:01 | Report Abuse
Losses for the vital vegetable oil risk accelerating global food inflation that’s already running at a rampant pace. Buyers across Asia and Europe that are awaiting sun-oil deliveries are switching to alternatives soybean, rapeseed and palm. Yet those supplies have been limited as well by weather woes and labor shortfalls, sending prices to dizzying heights.
Read more: Russia’s war is redrawing the $120 billion global grain trade.
“We’ll have huge stock inside Ukraine, and no stock and no goods for the market outside Ukraine,” Osypov said. “It’s big damage for the food security of the global world, and a big problem with liquidity for the company and the farmers inside Ukraine.”
Bloomberg | Markets