People buy Genting for long term not to flip. Hold 1-2 years better than FD

Afternoon session will be interesting . Closing prices will showed up north or otherwise

Now the Health Minister talking about full lockdown in Selangor. Don't look at the numbers only .you need to look at the rate of infections vs the total population of the state. health minister is from Sarawak lockdown Sarawak first { their rate is high compared to their population }

MBSB needs a major changeover {a new substantial stakeholder } before this counter can be move. EPF management just sit and park there . 60 sen is the current support line { if trendline breach the previous low of 57-58 will be tested } just my own personal chart reading

Looks like buying support park at 30-32 price

Trending between 13-14 sen. Strong support at 13

Coming QR result ? ? ? If bad result expect more selling pressure

Need to wait for next qtr result & final dividend announcement { end June }

Today whole market is negative only certain index link stocks is up

Normally announcement is made after trading is closed

Mah sing pumps in 150 million to start their glove factory. After 8-9 months only kick start 2 lines manufacturing lately gloves { not nitre } they expect to add on another 4 lines by end of 2021. Meaning without deep pockets or the expertise newcomers don't have the capacity or volume to compete

Supermax have billions of cash reserve forthcoming in the next few quarters. This cash pile is really something to digest and chew on { even asp of gloves start dipping next year } profit already lick in for 2021

Ucrest rebound strongly after Raya break

Yup.stuck between 61- 62

The IB and funds will upgrade the sector once the apr -june Qtr result is announced { solar to last year glove play }

Yup. From 2.15 drop to 1.60+ { after the share split }

Just look at how proton and geely tie up benefited proton . Silterra and China chip makers are exactly in the same category

Another 2 years extension ? Oh oh

Either an unpolished diamond or a small potato { the next few qtrs will showed } where Karim is heading

Without being biased or one sided. Corn oil, SBO , sunflower , rapeseed oil all are produced and marketed by the US, western countries and other Europe countries .this category of soft oils in the 60-70's was the only choice for consumers { that until the arrival of processed palm oil} that is cheaper interns of pricing and efficiency. Western hold on the consumer was dismantle and faced a real challenge to their Monopoly. Now palm oil is the most exported and consume cooking oil in the world. this is exactly the reason why western back NGO are targeting palm oil but not their own Soyaoil , sunflower, rapeseed or corn oil. The scrutiny and criticism on palm oil is more a trade issue .

Tq investor 69 for the serba link on the 1.5 billion financing

Still wonder what is the reason behind CMY to sell off his MBSB holdings

No trading this afternoon {Wed }plus Thurs and Frid for the long weekend Raya holidays . DJ lost
473 points last night { don't expect any fireworks }

Alot of retailers buy into MBSB with the belief EPF { the biggest shareholder } would able to revive their business and share prices. Nothing have changed the way they are operating , same business , only the staff uniforms have changed.

Bot Bplant for the past 6 months still waiting for the counter to ride the CPO price hike momentum

Errata : nobody will subscribe for the ESOS share scheme if the market traded price is lower compared to the ESOS pricing

ESOS is an offer to eligible employees for them to subscribe { they can either accept or reject the offer } the scheme can be subscribe by any eligible employees at any time if they accept the offer. The scheme is normally open for a period of 5 years. If the ESOS price is higher then the current market traded price. The offer will lapsed after the said expiry time frame.

Market interest dampened by MCO 3.0 announcement and enforcement

Nationwide MCO enforcement dampen market interest. Not forgetting long weekend break for Raya holidays. Genting recovery again delayed by MCO 3.0 announcement till June

Yes FCPO holding up and trending higher { but TDM price still struggling } maybe market perception on nation countrywide MCO enforcement announcement. Loser outnumber winner 3:1

Hopefully CPO cross the 5,000 + first { rather the big C }

They need to appoint a third party non related CEO { an investment banker or a foreign expats } to drive the business

Operators sideway Hair Raya break

CPO prices to hit $5,000+ tailing SBO price rise { MPOB } DG press interview { star news }

Yup .MBSB stuck within the same price band 60-67 sen for the past 5-6 months. Others are moving but this counter never moves

Government renew BHIC naval mainteance contract plus linear ship construction project. Look positive on both fronts

Many retailers happy to collect Genting for long term holdings whenever price dip back to 2.50. they see good upside once economy is open

allyusof : Good move to switch into Maybank & Getting. Myself still stuck here with MBSB { neither here or there for the past 5 months } attracted by the so call cheap banking counter price at 65.5

Yes.totally agreed. With their reserve in their books SOP can reward their shareholders with a bonus offer. MSWG must question and press the Board

Keeping our fingers cross. Rsawit {shareholders majority are sarawakians }coming state elections need funds

Supermax will proved doomsayers wrong. Good dividend and low PE

Bplant, TDM , Rsawit all recovering play. Time for oil palm stocks to shine. This is not a buy call.

Sleeping beauty has now awaken. TSH don't be a underperformer be a front runner. Previous high 1.45

Hardly any greenfield's area available for planting. You need the expertise and financial to invest in plantations. CPO is the golden crop .the commodity has rebounded from their low of 2,000 per tonne to current 4,500 -4,700

From the low of $2,000 per ton CPO price has rebounded to above $4,O00 - 4,500 for the past 5 months .Rsawit is stuck at 28 -30 sen price { based on past pricing 2,200 -2,500 } Rsawit should be hypothetically trading at 40 - 50 pricing. Key shareholders { Tan Sri Diong family holding 56% and Sarawak State 5.6+ %} solid backing

Good clarifications on windfall tax and the levy structure. Good for producers if the tax rate structure on windfall can be fixed higher .

Supermax needs to hold and sustain above $5+ to attract more buying suport

Malaysia export figs out on Monday afternoon.

Last minute selldown

Next week continue the run up ( duit raya )