The company have make a good decision to keep the cash but still have the Estate. with the high CPO there will be able to turn to profit for plantation. If at current price still could not profitable than better sell the estate. Now Plantation is having workers shortage as high as 30%. So all the plantation share which is up will look for when Indonesian allow the workers coming to Malaysia.
Actually margin slowly improved from 3% to 4% due to a lot of non performance assets sold past two years. Cash portion you should add short term investments and cash balances together.
Although we don?t know how far does high CPO price will go on but it definitely will help KUB achieve great quarter result since 70% profit still from agro division.
All cross-border travel on the two land routes between Singapore and Malaysia will be allowed for fully vaccinated travellers from April 1. It will push up the consumption of KUB Solar Gas for sure.
1.KUB engaged in trading of liquefied petroleum gas (LPG). Their LPG's business making up 80% of KUB's revenue. 2. Border reopening 1st April 2022 with gov has allowed restaurants/eateries to be open 24 hours. 3. This will push the consumption of KUB LPG Solar Gas
Lot of new start up competition-beligas, halogas plus the popular big boys shell n petronas. Malaysia small population is not a big consumer n high growth for any LPG business.
My friend with all your point, try to check first KUB latest income statement, balance sheet and cash flow. In any industry it is not necessary to be in No.1 and champion to make profit or to grow. As long the company continuously making profit, steadily growth, capture the right amount of market share then it is alright.
KUB also is working out for the future into services end-to-end private 5G networks which specializing in 5G digital transformation platforms such as private packet core, business platform, services platform, mobile edge computing, 5G radio access networks, industry 4.0 under their KUB Telekomunikasi Sdn Bhd & Connecta Sdn Bhd. With the help of second largest shareholder of Media Prima Bhd surely these exercise can be done.
Plus their dispose & divestment are still ongoing.. light up your cigar and stock up your beer.. this is long journey for KUB transformation under turnaround specialist Datuk Seri Johari Abdul Ghani..
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....
strattegist
23,459 posts
Posted by strattegist > 2022-02-14 09:24 | Report Abuse
good green