NEXTGREEN GLOBAL BERHAD

KLSE (MYR): NGGB (7241)

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Last Price

0.88

Today's Change

-0.01 (1.12%)

Day's Change

0.87 - 0.89

Trading Volume

773,000


5 people like this.

1,309 comment(s). Last comment by LaoHaidi 2024-08-05 20:16

UMA

692 posts

Posted by UMA > 2016-01-12 09:05 | Report Abuse

Yes i coming

mags

65 posts

Posted by mags > 2016-01-12 16:27 | Report Abuse

is a trap is a trap BHS will roll down to 0.48 cts dump dump dump stop buying wait till 0.54 cts T4 is over.

kelvin1

116 posts

Posted by kelvin1 > 2016-01-12 17:17 | Report Abuse

Earn second round lol...

mags

65 posts

Posted by mags > 2016-01-13 16:10 | Report Abuse

kelvin1 you re back lose 2nd round got la

kelvin1

116 posts

Posted by kelvin1 > 2016-01-18 17:30 | Report Abuse

Adui, i lose a lot....Habis lar ini kali

mags

65 posts

Posted by mags > 2016-01-21 11:58 | Report Abuse

is true la those people bought and snatch at 0.54 cts if pick up by now kena jail la, if want come out early from jail must sell back to the Bhs crooks at a loss hahahahahahaha really Chinaman corner stocks.

mags

65 posts

Posted by mags > 2016-01-26 16:32 | Report Abuse

bhs mati already, likely going to be nose dived rather than going up.

kelvin1

116 posts

Posted by kelvin1 > 2016-01-26 22:59 | Report Abuse

collecting time...

Icon8888

18,659 posts

Posted by Icon8888 > 2016-01-26 23:04 | Report Abuse

Don't simply buy. They export to west Africa and was affected by Ebola

I recently read that Ebola is coming back

Please google to find out more

mags

65 posts

Posted by mags > 2016-01-27 10:55 | Report Abuse

kelvin1 collecting balls la

Posted by anakayambursa > 2016-01-28 10:44 | Report Abuse

price dip to 41 this morning but now recover to 42.5 already..this counter already test bottom few times and support is there

in near time should see some technical rebound to 49c

mags

65 posts

Posted by mags > 2016-01-28 12:23 | Report Abuse

ini semua kena conned la dump, ddmp, dump, dump, dump, dump, dump, dump, dump.

Posted by anakayambursa > 2016-01-29 08:44 | Report Abuse

yesterday good shakeout at 41..remove contra and weak player already..with DJIA up 100+ points and rising crude oil, we will see changed sentiment in mid cap stocks

keyin

2,150 posts

Posted by keyin > 2016-02-11 23:22 | Report Abuse

Collect mode

hkhk

2,066 posts

Posted by hkhk > 2016-02-16 10:33 | Report Abuse

goreng lagi?

Posted by Ooi Cheng Kee > 2016-02-24 09:42 | Report Abuse

kena goreng

ytk666

305 posts

Posted by ytk666 > 2016-03-09 16:23 | Report Abuse

Betul datang liew!

dingding

843 posts

Posted by dingding > 2016-03-10 23:29 | Report Abuse

Go!

Josephine Ong

1,001 posts

Posted by Josephine Ong > 2016-03-11 14:47 | Report Abuse

wowowwowowoowowoowow

hkhk

2,066 posts

Posted by hkhk > 2016-03-11 22:34 | Report Abuse

Too bad nobody got insider news

larryleow

70 posts

Posted by larryleow > 2016-03-19 23:31 | Report Abuse

....remember Harvest Court (now known as Anzo) when its share price moved from 0.08 to 2.13 in 2011......today BHS has turned that story into reality....."Green" business

edryazlan

36 posts

Posted by edryazlan > 2016-03-29 12:23 | Report Abuse

BHS got someone collecting??

Vinnie

30 posts

Posted by Vinnie > 2016-03-30 12:17 | Report Abuse

Me :P

kakijudi

1,086 posts

Posted by kakijudi > 2016-03-30 13:09 | Report Abuse

time to buy

From waste to paper
BHS has embarked on a new environmental business that utilises what management describes as “ground-breaking technology” to process palm empty fruit bunches (EFB) into pulp and paper. This technology, called PRC-RBMP, is patented in China, Malaysia, Indonesia and Thailand. The EFB fibre length produced by the PRC-RBMP technology has been tested and verified by the Forest Research Institute of Malaysia.

Malaysia: a net importer of pulp and paper
Malaysia currently consumes 3.2m MT of pulp, paper and paperboard annually but only produces 1.9m MT. Hence, it is a net importer of pulp and paper. On the other hand, Malaysia generates 20-30m MT of EFB a year, which has no economic value other than as biomass for energy generation. At an average price of US$700 per MT for paper, there is an addressable market potential of US$4.9bn domestically.

Building a plant in Pekan
BHS has been granted a 26-acre piece of land in the Pekan Green Technology Park to set up a 10,000 MT wood-free paper pulp production line that will be ready in 1H17 at a cost of RM50m. The EFB will be secured from Felda’s surrounding palm oil mills in Pahang. Management has guided that the plant will add RM12-15m to its bottom line when it is ready.

BHS to trade at only 2-3x P/E?
In phase 2, Felda-BHS is exploring a JV to build another plant with 100,000 MT capacity. it is possible that the project could yield net profit of RM120m-150m, according to management. Assuming BHS holds a 50% stake in phase 2, this could translate into total group net profit of RM72m-90m (including net profit of RM12m-15m from phase 1). At the current market capitalisation of RM200m, this translates into a prospective P/E of only 2-3x.

Felda: a strategic shareholder and partner
In Sep 2014, Felda emerged as a substantial shareholder, with an 11.3% stake in BHS. BHS is partnering with Felda and has secured unlimited access to Felda’s EFB for 10 years at RM10/MT.

Valuation
In our view, the closest comparables for BHS are CB Industrial Products (CBIP), which manufactures, markets and trades palm oil mill equipment, and Heng Huat, which converts EFB into mattresses and cushions. CBIP is trading at a FY16 P/E of 12x based on the Bloomberg consensus forecast while Heng Huat is trading at a historical P/E of 14x FY15.

kakijudi

1,086 posts

Posted by kakijudi > 2016-03-30 13:10 | Report Abuse

source: CIMB Research

Posted by pelaburuntung > 2016-03-30 15:23 | Report Abuse

time to collect this BHS

LNNews

1 posts

Posted by LNNews > 2016-03-30 22:38 | Report Abuse

Wah looks like a huge potential for BHS. With Felda involved & the new CEO, so literally all the palm oil waste from Felda will be turned into "Paper" gold. Definitely can start collecting BHS now & wait for it to "Ripen" into $$$. This is a much better buy than any other palm oil related stock for now. Buy Buy Buy

jomaropol

17 posts

Posted by jomaropol > 2016-03-31 11:25 | Report Abuse

Kakijudi, I've tried to find the CIMB report but can't find it. Is it published yet? Can send to my email?

kakijudi

1,086 posts

Posted by kakijudi > 2016-03-31 12:00 | Report Abuse

sorry, cannot disclose my email address. But the one i posted above is the actual report copy and pasted. :) issued on 28th March

kakijudi

1,086 posts

Posted by kakijudi > 2016-03-31 12:00 | Report Abuse

29th March*

jomaropol

17 posts

Posted by jomaropol > 2016-03-31 12:56 | Report Abuse

ok thanks!

jomaropol

17 posts

Posted by jomaropol > 2016-03-31 15:54 | Report Abuse

what's the target price of of cimb?

kakijudi

1,086 posts

Posted by kakijudi > 2016-04-01 10:45 | Report Abuse

no target price. unrated coverage

jomaropol

17 posts

Posted by jomaropol > 2016-04-04 18:12 | Report Abuse

tks!

surewinz

1,014 posts

Posted by surewinz > 2016-04-05 23:01 | Report Abuse

Gone case?

Posted by Michelle Lim > 2016-04-18 21:12 | Report Abuse

Seems very stagnant

Posted by Wawai Samah > 2016-04-19 04:58 | Report Abuse

Time to collect before move huhu

Mags

65 posts

Posted by Mags > 2016-04-22 00:09 | Report Abuse

Sudah mati la Bhs next resistance level 0.38 cts, if drop below 0.38 cts next level 0.18 cts this company actually sudah bankrap hutang more than income

Mags

65 posts

Posted by Mags > 2016-04-22 00:11 | Report Abuse

No banks want to give their rating semua con man inside the management.

kelvin1

116 posts

Posted by kelvin1 > 2016-04-22 18:20 | Report Abuse

You still here barking? People already earn a few round lol. Waiting to collect again! Good counter

Vinnie

30 posts

Posted by Vinnie > 2016-04-29 09:55 | Report Abuse

Wah, drop so much

hkhk

2,066 posts

Posted by hkhk > 2016-05-10 10:57 | Report Abuse

something on??

Josephine Ong

1,001 posts

Posted by Josephine Ong > 2016-05-10 15:32 | Report Abuse

TP 50

stainlyho37

2,277 posts

Posted by stainlyho37 > 2016-05-10 15:37 | Report Abuse

son go 0.20 .......

stainlyho37

2,277 posts

Posted by stainlyho37 > 2016-05-10 16:25 | Report Abuse

road block @0.17 for the son.....who going to take up later...watch out....!!

stainlyho37

2,277 posts

Posted by stainlyho37 > 2016-05-10 16:46 | Report Abuse

mother 0.50 coming.....!!!

stainlyho37

2,277 posts

Posted by stainlyho37 > 2016-05-10 16:51 | Report Abuse

flying !!!!

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