What kind of bad quarter could be? From RM1plus few days to 66.5sen lowest today. If this quarter can give 2 sen, total dividend of 4 sen. More than 5% already based on 71 sen closing price.
Q4 production of FFB is 64,200 mt (2016: 43,200 mt), an increase of 49%.
Today's closing price of 71 sen appears a bargain compared with: INNO has 11,905 ha, market cap is now RM340m
1) FGV bought over Pontian - RM1.2billion for 16,188 ha (Sabah) 2) Boustead bought over land from Dutaland Oct 2017 - RM750million for 11,579 ha (Sabah)
(INNO's plantation = 20% immature, 15% mature (7-10 yrs), 65% young mature (4-7yrs)) Extraction rate is 24.6% for FYE2016. From a business point of view, a bargain.
very unlikely or impossible to post -ve QR. Seem like some shark unloaded. Just managed to add little bit at 74cents this morning. Yesterday was so unusual. 69-70cents also masuk a bit
Week before results out, drag it down like hell. create panic selling. One day before quarterly result announced, fried it up. This should be done by insider. SC should check thoroughly who was manipulating the share price.
lots of people included myslef will clear their stocks which bought 1-2 days ago. T+3 will be very critical for those who purchase now. I only can say good luck.
2days trading earn 40-50% is a lot. However I will consider buy again when the price is ok. (maybe after T+3)
After the gapped up , those who hold earlier has made lots of monies and surely will dispose off in the first bell.Those who bought in the gapped up must be careful because chances you may have to hold for a very far long time to see yet another gap up or possibly yes or no. It may fall to its original after the sharks had unloaded after someone has given the tipsy to his followers in thousands. This is more like planned and sydicated routine play for a few stocks in a day . The companies selected are all below RM 1.
Last 6 days volume, about 20mil, exceed the entire last few years total volume accumulated. ??? That shows that operators can "play" very very low liquid stocks. Top 30 shareholders owns about 95%.
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 2909 views | 2 d ago
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New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
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altis
17 posts
Posted by altis > 2018-02-21 15:10 | Report Abuse
The result should be OK in view of higher production figure.