KUALA LUMPUR (March 19): PLS Plantations Bhd executive chairman Tan Sri Lim Kang Hoo said today the company expects to return to profitability in financial year ending March 31, 2020 (FY20) as the group's oil palm plantation reaches maturity.
PLS (9695) Oil palm themed plantation stock (Tun M going to China for potential oil palm biz deal), as recent as last week the PLS shares have being acquired more than 80Millions shares by Ekovest/ Tan Sri Lim Kang Hoo.
The average transacted cost is at 96.5c to RM1.00 as according to the announcement.
During 10 March 2017 last time when the Iwcity limited up on Bandar Malaysia news, the price of Iwcity, Ekovest, PLS are moving in tandem to rise. Good to collect now as it's a very low profile and potential stock as LKH has the plan to turn it profitable soon in FY2020.
We believe this is the best proxy to LKH's concept stock.
Disclaimer: this is not a buy call, it's only for case study purposes.
China investment arms extend to Bentong to buy over Ginger lands that Bentong Ginger may no more available in the market, but only Musang King Durians..yesterday news
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....
iafx
4,632 posts
Posted by iafx > 2013-11-20 09:43 | Report Abuse
another *super* counter ;D