Subur has an advantage over Eksons in that its timber operations can supply logs to its mills and facilities. As such I was surprised to see that over the past 10 years, its ROE was worse than Eskons which I consider as a cash value trap. Refer to https://www.youtube.com/watch?v=g1byo-eO4CM Considering that Subur ROE trend is worse than Eksons and Taann, (refer to chart in https://i.postimg.cc/Dwsjg2cm/Subur-vs-Eskons.png) don't you think that there are better options elsewhere?
This counter I have been cultivate for few years d.. Every month watering and fertilizer it. Now it start to bear fruit. Not sure the fruit will be Kampung Durian (RM1.20), or D24(RM1.50), or Musang King (RM2) or Black Thorn (RM3)
LIST OF THIRTY LARGEST SECURITIES ACCOUNTS HOLDERS AS AT 29 MARCH 2024
1. RHB Nominees (Tempatan) Sdn Bhd Bank of China (Malaysia) Berhad Pledged Securities Account For Tiong Toh Siong Holdings Sdn Bhd 61,260,000 32.51 2. Amat Abadi Sdn Bhd 52,708,515 27.98 3. Citigroup Nominees (Asing) Sdn Bhd Exempt An For Bank of Singapore Limited (Foreign) 9,580,210 5.08 4. Pertumbuhan Tiasa Sdn Bhd 5,970,132 3.17 5. CIMB Group Nominees (Asing) Sdn Bhd Exempt An For DBS Bank Ltd (SFS-PB) 5,070,810 2.69 6. Teck Sing Lik Enterprise Sdn Bhd 4,679,977 2.48 7. Tiong Toh Siong & Sons Sdn Bhd 3,507,012 1.86 8. Pertumbuhan Abadi Enterprises Sdn Bhd 3,429,195 1.82 9. Neoh Choo Ee & Company Sdn Bhd 2,700,700 1.43 10. Globegate Alliance Sdn Bhd 2,667,150 1.42 11. Serrano Group Limited 2,639,490 1.40 12. UOBM Nominees (Asing) Sdn Bhd United Overseas Bank Nominees (Pte) Ltd For Novel Investment Group Limited 1,574,075 0.84 13. UOBM Nominees (Asing) Sdn Bhd United Overseas Bank Nominees (Pte) Ltd For Max Fortune Resource Inc. 1,449,200 0.77 14. Dato’ Tiong Ing 1,211,233 0.64 15. Tan Sri Datuk Sir Diong Hiew King @ Tiong Hiew King 1,109,120 0.59 16. Tiong Toh Siong Enterprises Sdn Bhd 1,063,720 0.56 17. Alliancegroup Nominees (Tempatan) Sdn Bhd Pledged Securities Account for Kong Kok Choy 1,000,000 0.53 18. Kenanga Nominees (Tempatan) Sdn Bhd Pledged Securities Account for Datuk Tiong Thai King 987,120 0.52 19. Tan Aik Choon 821,200 0.44 20. Dynaquest Sdn Bhd 778,900 0.41 21. Lee Kok Hin 750,400 0.40 22. Dato’ Tiong Ing 745,535 0.40 23. Tiong Toh Siong Holdings Sdn Bhd 690,021 0.37 24. Chan Yoke Cheng 495,900 0.26 25. Ooi Chin Hock 474,200 0.25 26. Safari Alliance Sdn Bhd 446,000 0.24 27. Kingsley Lim Fung Wang 445,800 0.24 28. Citigroup Nominees (Tempatan) Sdn Bhd Exempt An for Bank of Singapore Limited (Local) 400,000 0.21 29. Ngu Yii Chuo 351,563 0.19 30. Public Nominees (Tempatan) Sdn Bhd Pledged Securities Account for Law Cheng King Enterprise Sdn Bhd (E-JCL) 257,614 0.14 Total 169,264,792 89.84 * Excluding 20,590,800 ordinary shares of RM1.00 each bought back by the Company and retained as treasury shares based on the Record of Depositors as at 29 March 2024.
JTiasa(same owner Tiong Hiew King) many like but not cheap any more at RM 1.15 vs 60 sen previously. 83 sen Subur Tiasa with latest QR NTA RM 3.41 should provide more upside with MD regularly buying.
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....
Citadel12
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Posted by Citadel12 > 2022-06-17 12:42 | Report Abuse
daisei