QL RESOURCES BHD

KLSE (MYR): QL (7084)

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Last Price

6.39

Today's Change

+0.01 (0.16%)

Day's Change

6.34 - 6.42

Trading Volume

1,272,300


4 people like this.

2,714 comment(s). Last comment by KingKKK 2 weeks ago

Posted by BursaVulture > 2023-08-29 19:01 | Report Abuse

It is time QL venture into another new business for growth. I hope they dont sell their palm oil, ESG is a scam.

Posted by familymartfan99 > 2023-08-30 15:15 | Report Abuse

Haha continue to boycott la, stop eating seafood from now on

James_Bond

2,313 posts

Posted by James_Bond > 2023-08-30 21:18 | Report Abuse

https://en.m.wikipedia.org/wiki/FamilyMart

Boycott Japanese seafood and Japanese chain store!

Kamma will hit you strongly for dumping radioactive waste to the ocean!

Posted by BursaVulture > 2023-08-31 01:43 | Report Abuse

@James Bond

Are you aware that there are 9 sunken nuclear submarines in the ocean, all of them in the atlantic and european sea by the Americans and Russians. Those nuclear sub are still releasing nuclear waste into the ocean. You can start by boycotting USA too. Also, dont eat salmon as Finland and Sweden are one of the two biggest salmon producer in the world where a few Russian Submarines sunked there. They breed the salmon in open seas.

Next time, read more before you talk.

James_Bond

2,313 posts

Posted by James_Bond > 2023-08-31 08:50 | Report Abuse

Japan dumping radioactive wastes to the ocean, poisoning all marine creatures and soon the radioactive contaminated water will evaporate to the sky and form as rains to continue harming the land living beings. Japan will continue to dispose the wastes in the future if we don’t do something about it. Boycott Japan related company! Boycott! Boycott! That’s why Kamma strikes Aeon Credit, soon will hit QL with seafood related business and Japanese chain store — family marts ! Kamma! Kamma! Kamma!

Posted by BursaVulture > 2023-08-31 23:03 | Report Abuse

@James_Bond

With 9 sunken nuclear submarines in Europe/Atlantic Ocean, why are there no nuclear poisoning there? Why are there still people living in Canada/Europe/USA?

9 sunken nuclear submarine with active nuclear reactors..... 9, not 1 but 9.

James_Bond

2,313 posts

Posted by James_Bond > 2023-09-01 07:32 | Report Abuse

Hello! M not sure if any nuclear submarine sunk before… if yes, Im not mistaken, all these submarines hv protective measures to prevent radioactive leakage! Accidents happening that we can’t avoid! Intentionally dumping radioactive wastes to ocean that we must stop! If we allow Japan to treat ocean as radioactive waste garbage bin, then in the future, Japan will continue doing this repeatedly as this is cost saving! Japan harvested the cheap nuclear energy, and let the world to bear the consequences, selfish! Selfish! Selfish!

Posted by BursaVulture > 2023-09-01 13:41 | Report Abuse

List of sunken nuclear submarines
https://en.wikipedia.org/wiki/List_of_sunken_nuclear_submarines

Russian nuclear submarine: Norway finds big radiation leak
https://www.bbc.com/news/world-europe-48949113

Please dont be bias, go start a protest in the Russian Embassy and tell them to clean up their mess. Japan release treated water, Russians did nothing.

Posted by familymartfan99 > 2023-09-05 16:17 | Report Abuse

continue to support !!

Posted by Patient Investor > 2023-09-08 08:44 | Report Abuse

Anyone went for AGM? Please share the takeout

Posted by Stock4Real > 2023-09-22 17:00 | Report Abuse

Buy QL

Posted by Fabien _the efficient capital allocator > 2023-10-13 17:55 | Report Abuse

Budget 2024: Ceiling prices on chicken and eggs to be removed, allowing prices to float

bestbuy

188 posts

Posted by bestbuy > 2023-10-25 20:48 | Report Abuse

Buy buy buy, more eggs more eggs

WongGK92

192 posts

Posted by WongGK92 > 2023-10-28 11:10 | Report Abuse

Collect before it moves high to Rm6 and above

WongGK92

192 posts

Posted by WongGK92 > 2023-11-01 14:48 | Report Abuse

That's a big ambition for QL 🙃

Posted by BursaVulture > 2023-11-01 18:57 | Report Abuse

@bestbuy

what kind of lie is that? QL sold their layhong position long ago when layhong board voted QL out.

WongGK92

192 posts

Posted by WongGK92 > 2023-11-08 14:12 | Report Abuse

I see. That's why he deleted the post ..

WongGK92

192 posts

Posted by WongGK92 > 2023-11-15 11:42 | Report Abuse

Ceiling price stays for eggs, lifted for chickens...That's why QL doesn't move up much 😕

https://www.freemalaysiatoday.com/category/nation/2023/10/30/ceiling-price-stays-for-eggs-lifted-for-chickens/

Tanleechoo

337 posts

Posted by Tanleechoo > 2023-11-30 06:47 | Report Abuse

Wonderful co wonderful result

WongGK92

192 posts

Posted by WongGK92 > 2023-12-04 15:55 | Report Abuse

Indeed. Both revenue and PAT were break new high

WongGK92

192 posts

Posted by WongGK92 > 2023-12-07 14:50 | Report Abuse

time to collect cheap today, hehe

Posted by CalculatingAbbey > 2023-12-08 14:28 | Report Abuse

Wong, you may have to wait for palm oil to reflect a higher share price in QL. Poultry and eggs, may not be sufficient to drive the re-rating

Posted by CalculatingAbbey > 2023-12-08 14:31 | Report Abuse

Based on DEMA, ADX and ATL;

1: 5.60
2: 6.45

Posted by CalculatingAbbey > 2023-12-08 14:32 | Report Abuse

If resistance hits, that would be great. A finesse for the CNY ang pau

Posted by CalculatingAbbey > 2023-12-08 14:36 | Report Abuse

All operations showed improvement. Marine products were driven by
good fishing in the new season with fishmeal seeing higher volume and
prices on account of supply constraints from Peru. Poultry business was
bolstered by: (i) sustained exports and better egg prices, and (ii) better
performance from its broiler division with a turnaround in Indonesia. Its
upstream palm oil division reported better output and yields, partially
offset by lower CPO prices. Its CVS operation was buoyed by an
addition of 73 new stores and 41 mini stores, but earnings were hit by
higher labour and energy costs.

- By Ahmad Ramzani from Kenanga

WongGK92

192 posts

Posted by WongGK92 > 2023-12-11 11:06 | Report Abuse

Thanks for sharing, CalculatingAbbey. I collect every time when it falls below 5.40 😋

Posted by CalculatingAbbey > 2023-12-13 10:55 | Report Abuse

1st target: 5.6, done.

Hoping for 2nd target for a thick angpau.

@WongGK92 You're welcome

Posted by CalculatingAbbey > 2023-12-13 11:51 | Report Abuse

Industry experts forecast Malaysia’s crude palm oil to trade between RM4,000 and RM4,200 per tonne next year, down from RM4,900 per tonne recorded in 2022, impacted by weather developments, geopolitical risks, government policies and slower global economic growth.

By CPOPC strategy and policy director Puah Chiew Wei

Posted by CalculatingAbbey > 2023-12-13 11:52 | Report Abuse

In a sector update on Wednesday, Hong Leong Investment Bank (HLIB) maintained its crude palm oil (CPO) price assumptions for 2023 at RM3,850 per MT, and RM4,000 per MT for 2024.

The research house expects stockpiles to remain flattish in December 2023, as seasonally low production will be offset by weak near-term demand sentiment arising from weak demand sentiment in China and price competition from other competing oils.

By Hong Leong Investment Bank

Posted by CalculatingAbbey > 2023-12-13 11:53 | Report Abuse

My assumption is that it won't be long to see QL above 6.0. Ka-ching for the ang pau before CNY arrives🤤

WongGK92

192 posts

Posted by WongGK92 > 2023-12-13 13:45 | Report Abuse

Hopefully QL can break through RM6 before end of 2023 🤗

Posted by CalculatingAbbey > 2023-12-13 14:37 | Report Abuse

@WongGK92 Hopefully. May see price easing between 5.50 to 5.7 before transition to 2nd target begins😀

Posted by CalculatingAbbey > 2023-12-13 15:41 | Report Abuse

Sold another 20% to bank in for Christmas and New Year celebration. Leaving 50% to ride till 2nd target. Thank you QL 😄

WongGK92

192 posts

Posted by WongGK92 > 2023-12-15 15:47 | Report Abuse

right now, it is heading towards Kenanga's tp

Posted by CalculatingAbbey > 2023-12-18 09:52 | Report Abuse

@WongGK92 That'll be ideal and a perfect win-win for Kenanga and investors. Yay!

WongGK92

192 posts

Posted by WongGK92 > 2023-12-20 12:01 | Report Abuse

Good demand for QL Resources’ products. https://www.thestar.com.my/business/business-news/2023/12/15/good-demand-for-ql-resources-products. Such a good news 🙂

Posted by CalculatingAbbey > 2023-12-21 15:26 | Report Abuse

The economic progressive wage being implemented slowly by phase will help contribute to higher earnings for QL as well. Looking at the second TP with sheer optimism 😄

Posted by CalculatingAbbey > 2023-12-21 15:42 | Report Abuse

Malaysian palm oil futures dropped on Thursday, as investors booked profits after five straight sessions of gains, while lower overseas demand also weighed on the market.

The benchmark palm oil contract for March delivery on the Bursa Malaysia Derivatives Exchange lost RM38, or 1.01%, to RM3,740 by the midday break.

- Higher yields for QL! A marginally higher production can offset the risk of lower CPO prices hihi! But if labour costs and energy costs continues, it may be a standstill to nowhere😣

WongGK92

192 posts

Posted by WongGK92 > 2023-12-27 14:10 | Report Abuse

Trued. Hopefully they will find a way to mitigate the labour and electric costs

LalisaFang

152 posts

Posted by LalisaFang > 2024-01-04 10:57 | Report Abuse

They had installed solar panels to reduce the energy bills already. For labor cost, hard as got minimum wages policy

WongGK92

192 posts

Posted by WongGK92 > 2024-01-05 11:59 | Report Abuse

QL Resources Bhd’s business prospects for financial ending March 31year, 2024 (FY24) will be supported by good demand for its poultry products business and growth of its convenience store business.

MIDF Research, after a meeting with the company, noted that the company’s chicken egg supply business in Malaysia would likely enjoy continued subsidised prices for eggs in the local market in the near term while the fallout with its Indonesian egg supply business was manageable.

LalisaFang

152 posts

Posted by LalisaFang > 2024-01-10 19:24 | Report Abuse

Will reach Rm6 again

WongGK92

192 posts

Posted by WongGK92 > 2024-01-12 10:53 | Report Abuse

Buying interest for QL Resources may have returned, says Rakuten Trade

https://theedgemalaysia.com/node/696990

LalisaFang

152 posts

Posted by LalisaFang > 2024-01-17 12:21 | Report Abuse

Kenanga Investment Bank Bhd (Kenanga IB) is optimistic about QL Resources’s near-term prospects, expecting livestock farming and marine products to continue driving QL’s growth. https://theedgemalaysia.com/node/697498

LalisaFang

152 posts

Posted by LalisaFang > 2024-01-23 11:25 | Report Abuse

we can expect to receive dividend on March. Gogo, QL

WongGK92

192 posts

Posted by WongGK92 > 2024-01-24 20:38 | Report Abuse

If follow the previous pattern, yup, we can expect to get div in Mar

LalisaFang

152 posts

Posted by LalisaFang > 2 months ago | Report Abuse

Keep holding then

Felix888999

1,642 posts

Posted by Felix888999 > 2 months ago | Report Abuse

Wishing everyone Happy New Year! May the CNY bring you joy and prosperity!

Huat aaaaaaaaah!

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