I would thank if price drop bcos of this. Then i can buy more.

应为warehouse的valuation今年才能完成 reit是迟早的事

They hv plant in china

I think we shouldnt compared oldtown with csc

same to me

对 要有耐心

因为1.TN 有太多divisions 2. high gearing to finance warehouse 3. 给 property division 拖累 in term of valuation 4. 不多人发觉 warehouse 的潜能

warehouse will be worth more than now in e commerce era

Stand alone for logistic and warehouse PE (after factor in their newly last mile biz) compare to other logistic company? what will you get?
I know their property division contribute more than 50% in term of profit. property yield lower valuation (PE)

dragged by property division, otherwise logistic and warehouse division should deserve higher PE (after factor in their newly last mile biz)

JV is the good start for shl, shall see more how the company unlock the value in near term

moving...too fast. but good. still tp 4.5

Ringgit*

Strengthen in usd will help to offset low cpo price

TP 4.5

Should be

bull market and near election
oldtown pe could go as high as 24

Joint oldtown today

I took it from bursamalaysia

January 17
FFB amended from 75,097 to 99,445

CRUDE PALM OIL amended from 22,930 to 28,481

PALM KERNEL amended from 4,545 to 5,615

February 17
FFB amended from 84,306 to 103,075

CRUDE PALM OIL amended from 25,576 to 30,075

PALM KERNEL amended from 5,166 to 5,992

March 17
FFB amended from 90,123 to 110,174

CRUDE PALM OIL amended from 29,288 to 33,783

PALM KERNEL amended from 5,733 to 6,572

1st 3 months pls refer bursamlaysia on monthly production announcemnet

The output so high after incorporate the newly acquired estate

March Production

FFB 90,123
CRUDE PALM OIL 29,288
PALM KERNEL 5,733

Nope. Sell at 3.5 lol

KUALA LUMPUR (April 10): Exports of Malaysian palm oil products for April 1-10 rose 20.9% to 307,249 tonnes, up from 254,141 tonnes shipped from March 1-10, cargo surveyor Intertek Testing Services said on Monday.

One more research house

PRESS METAL BHD

By UOBKayHian Research

Buy (initiated)

Target Price: RM3.30

A WEAK ringgit and higher aluminium prices are set to enable aluminium maker Press Metal Bhd to deliver a three-year earnings compound annual growth rate of 21.9% from 2017 to 2019, said UOBKayHian Research.

The research house noted that other factors, namely Press Metal’s cost savings in logistics and a ramp-up to full capacity, will drive the largest aluminium producer in South-East Asia to deliver a commendable performance going forward.

“Press Metal’s production cost is much lower than its global peers, mainly due to low electricity costs from 25-year power purchase agreements with Sarawak Energy since 2011 and 2014 respectively.

“We also expect the aluminium manufacturer’s effective tax rates to stay low at 12.5% in 2017 to 2019, following tax exemptions from its pioneer status and an investment tax incentive.

“In addition, we estimate annual cost savings of between RM30mil to RM40mil from the opening of the Samalaju deepsea port in mid-2017, which will utilise a conveyor belt system instead of land transportation via lorries,” said UOBKayHian in a note.

The research house said Press Metal will benefit from a strong greenback against the ringgit as almost all of its sales are in US dollars.

Heading into 2017, Press Metal anticipates to ramp up its aluminium production by 20% to its full capacity of 760,000 tonnes and increase its production mix of value-added aluminium products to 50% by year-end.

Currently, its production mix of value-added aluminium products stand at 30%.

The aluminium maker also expects a capacity expansion of about 320,000 metric tonnes per annum at its Samalaju plant, subject to the availability of power supply from Sarawak Energy.

Global aluminium prices have bottomed out as spot aluminium prices broke the US$1,900 per tonne mark as of last week and are at US$1,950 currently.

UOBKayHian Research projected aluminium prices to be supported at current levels moving forward.

“We expect industry supply-demand dynamics to remain favourable on the back of stimulus policies and investment promises by the United States and China in the construction and automobile sectors, as well as continued global production cuts,” said the research unit.

UOBKayHian Research expects Press Metal’s projected strong operating cash flow at an average of RM938mil annually for 2017-2019 to pare down the aluminium maker’s net gearing to 0.4 times by 2019.

The research house recommended a “buy” call on Press Metal, with a target price of RM3.30.

Nope

How many warrant available now?

I wont be suprised if q1 profit @150mil

Aluminium is booming as to support various of industries.
Read more about aluminium news. You guys would be supprising and be more confident why buying pmetal.

Today is end of 1st quarter so collect on monday would be better

March export up 6.8%
Be confident with the share you bought.

Tiong nam lack of cash one of the major concern

Aluminium play a big role in automative industry. Pm is expanding in this industry.

Future price ald at premium 2200+ for 2018

http://www.hellenicshippingnews.com/some-japanese-aluminium-buyers-agree-to-q2-premium-of-128t-sources/

Next earning date 3/5/17

if you are value investor then good to buy the warrant
the 39sen conversion price only pay at the end of the conversion
so you would have extra 15% to buy more of the warrant

39sen

Feb production output very impressive

If there a possibility of bonus issue this year? Let''s hope for it. It happens usually after right isuue

The current price is very attractive to collect.

This share may not suit trader but value investor

Q4 only incurred 20% of the whole year fertiliser cost (as 1st 9m also incurred 80%), which mean cost will be lower in Q4

Lower production in Q4 will be more than enough to off set by the higher CPO price, which mean the earning shall be higher.

The above just based on the available info.

The Q4 result should be released today.

The worstime for sop has been gone. Sop quarterly profit is at the uptrend(moving upwards slowly q by q over next few years)

P/BV is never a tool to measure the furniture company

Pls check their profit margin. Wait and see approach.

Eventually