KLSE (MYR): MBL (5152)
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Last Price
0.43
Today's Change
0.00 (0.00%)
Day's Change
0.00 - 0.00
Trading Volume
0
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Better collect now, otherwise you will chase high afterwards because palm oil theme is coming
2024-04-30 15:06
Minyak sawit memberi byk faedah kpd kesihatan, dan juga dpt tingkatkan kualiti produk makanan.
https://www.dagangnews.com/article/minyak-sawit-banyak-faedah-kepada-kesihatan-tingkatkan-kualiti-produk-makanan-36926
2024-05-02 11:33
See, palm oil products can not be boycotted in Malaysia or else will kena 😆https://www.freemalaysiatoday.com/category/nation/2024/05/03/convenience-store-raided-for-selling-no-palm-oil-ice-cream/
2024-05-03 16:51
Can always collect while undervalue, MBL performance are improving every quarter
2024-05-03 16:53
Kerajaan dah ambil tindakan atas perkara tu ... memang susah, boikot sini dan sana
https://www.thestar.com.my/news/nation/2024/05/04/issue-warning-not-rm250000-fine-for-first-time-039no-palm-oil039-label-offences-urges-mydin-boss
2024-05-06 09:51
It won't be as badly affected as KFC. Palm oil industry to continue operating as usual, no biggie
2024-05-06 17:18
See, MBL is rebounding and so is CPO price. Really is no biggie one
https://www.mpoc.org.my/market-insight/daily-palm-oil-prices/
2024-05-07 16:35
if first quarter is doing well, they might give dividend.. wait till end of month first la
2024-05-08 17:45
MALAYSIA plans to introduce “orangutan diplomacy” in its relations with major palm oil-importing countries, offering the animals as trading gifts in an effort to allay concerns about the environmental effects of growing the commodity.
2024-05-09 08:31
https://www.businesstimes.com.sg/international/asean/malaysia-eyes-orangutan-diplomacy-nations-import-palm-oil
What an interesting policy 😃
2024-05-09 08:32
Result is out... Just a normal result, nothing special.
But if you look the the Gross Profit, it is quite surprising (Gross Profit RM18mil based on Revenue RM60mil, almost 30%)
The admin cost for this quarter is very high, I believe this is due to China Man company will always give bonus during CNY, so the admin expenses has increase a lot compare to other quarter. (Unlike MNC, they will normally provision for the bonus on quarterly basis, so you wont see suddenly 1 quarter admin cost has jump up 30-40%).
Refer to the QR commentary, next quarter will be very good, because the court case settlement of RM10,000,000 deposit forfeited will be book in as "other income" on next quarter.
2024-05-27 13:05
Seriously, market capital RM115mil is too low.
MBL is worth at least RM250mil, or RM1.00 per share.
2024-06-12 00:35
And 50 acres of durian maturing next year! So 2025, will have two more new income from EV durian sales!!
2024-06-14 10:38
MBL, bila you nak bagun.
Sudah tidur lama, it is time to wake up la.
Stand up and let market see how tall you are.
2024-06-21 14:14
mainly due to the other income of RM10 million being retained by MBL Plantation Sdn Bhd.
10mil declare special div la. Dont so stingy
2024-08-27 14:30
Johor Plantations Group Bhd (KL:JPG) said on Monday that it has appointed Johor Corporation (JCorp) affiliated company JL Projects Sdn Bhd as the project manager consortium (PMC) for the construction of its integrated sustainable palm oil complex (ISPOC) for RM30.99 million.
In the bourse filing, Johor Plantations said the three-year contract sum represents 9.9% of the ISPOC’s estimated gross development cost, which works out to be RM313.04 million.
The refinery is expected to be completed by mid-2026.
Japanese oils and fats company Fuji Oil Asia Pte Ltd is the builder for the refinery located in Pasir Logok, Kota Tinggi.
JL Projects is a wholly owned by JLand Group Sdn Bhd, which in turn is 100% owned by JCorp, the largest shareholder of Johor Plantations with a 65% stake.
The group said JL Projects has considerable experience in managing projects on Malay reserved land, ensuring compliance with the relevant regulations by collaborating closely with government agencies. “With an emphasis on accountability and transparency, JL Projects' proven ability to handle complex projects makes them a suitable candidate to oversee the management of the construction of the ISPOC project via the proposed appointment of PMC,” it added.
The ISPOC is a large-scale facility that combines several stages of the palm oil production process in a single location. It comprises a palm oil mill, a specialty fats refinery, a kernel crushing plant, a bio-energy power plant as well as an animal feedmill in a single location.
- got kernel crushing plant. If MBL do this part, will shoot up.
1 month ago
@RM5,287.....Bull run on CPO price and am sure those companies that are involved in CPO industry will gain handsomely, either directly as a CPO supplier or indirectly as supplier of parts/equipment for CPO industry! Bumper harvest awaits believer for this industry!
3 weeks ago
ElijahYH
Slow month because of the slogan 'Sell in May' ? Don't trust that nonsensical shxt
2024-04-29 17:33