Concesssion division is profitable but other division like construction, plantation, oil and gas, construction & engineering still operating at loss. Notably current 9 months losses improved compared year 2020
While construction activities at the East Klang Valley Expressway (EKVE) have been halted for more than two months due to the government’s movement control order (MCO), the project’s developer EKVE Sdn Bhd (EKVESB) revealed that the 36.1km highway is still on track for completion in the third quarter of next year (Q3 2021).
AZRB’s share price closed unchanged at 24 sen today, valuing the group at RM143.5 million. Ahmad Zaki Resources founder Wan Zaki to give up executive vice-chairman post and throw in the towel.
Ahmad Zaki Resources Bhd (AZRB) founder Tan Sri Wan Zaki Wan Muda will retire as the group’s executive vice chairman effective 1st July 2021. However, the 72- year-old major shareholder of the group will stay on as a board member of AZRB. (The Edge)
And since Cost of CPO production ranges from a low of Rm1,465(Thplant) to a high of Rm1800 per ton ALL PALM OIL COMPANIES Are now making more than 100% Profits
This is not a One Off but SUSTAINED PROFITS MONTH AFTER MONTH TILL END 2021 & GOING INTO YEARS 2022/2023 & Etc Etc...
This confirmed A New Trend in Strong Real & Incremental Earnings for All Palm Oil Companies notwithstanding the market still overlook its potential
may be waiting klci bull to move....as for now although the fundamental sound good but the sentiment is weak due to high number of cv19 case and getting higher every day and rampant of delta variant....
ding dong: But since the cases are surging everyday why aren't healthcare i.e. gloves/chemicals/pharma counter go up? Instead technology bull? Proves that Bursa is a casino, conclusion is quiet quiet load up some cheap counters and wait for spring time...
@tamp0i...glove game started since the pandemic started n for some time the syndicates have been rigging price up and down distributing the collected volume (which was collected @ low price) to retail at high price (must remember maaa this is zero sum game)
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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....
Selina888
306 posts
Posted by Selina888 > 2021-05-23 22:12 | Report Abuse
Luckily didn't buy when it was tempting at 0.28.....now big discount. I think more downside than upside due to more severe SOP during MCO 3.0