dear Mr Tan

my picks for 2023 :
10% each : CNERGEN SCICOM
20% each : IQGROUP QES TGUAN UNISEM

thank you.

%? it's usd32 downto usd18

classic heavily-manipulated shorting. not in bursa net-short list and minimal idss and EPF constant netbuy. Who else but IBs the culprits, playing with nominee shares.

Baffling that the above post, without a single word of comment, was removed when it only merely had the URL link to the MPOB.gov.my export page. The MPOB stats show processed (PPO) vs crude (CPO) are exported in the ratio of 3-4x : 1x

Post removed.Why?

CPO --> RBD palm oil --->> RBD palm olein. Block that last 30-40%, see what happens to the other two.

EU cartel and US long bo chap; nil or no good appointments forthcoming for pm Z; meet local IBs who choose to eyeball and headline the ant and blindside the stomping herd? likely no joy there either.

RBD Palm OLEIN curb of chunky 30-40% underplayed by IBs(RHB/AMI/MIB) and news (western Bloomberg/Reuters) for obvious self-serving purposes? Obviously blind to the simple math?

---1---Bloomberg:
"Exports of crude palm oil and RBD palm oil will still be allowed, according to people familiar with the matter. RBD olein accounts for 30% to 40% of Indonesia’s total palm oil exports."

https://www.thestar.com.my/aseanplus/aseanplus-news/2022/04/25/indonesia-to-allow-key-palm-oil-exports-sparking-price-swings-and-risks-overflowing-of-storage

https://klse.i3investor.com/blogs/kianweiaritcles/2022-04-25-story-h1622258975-Indonesia_to_allow_key_palm_oil_exports_sparking_price_swings_and_risks.jsp

---2---Reuters:
"According to Refinitiv Eikon, Indonesia exported an average of roughly 620,000 tonnes per month of RBD in 2021, compared to an average of around 100,000 tonnes of crude palm oil."

"According to data from Indonesia's palm oil association (GAPKI), exports of processed CPO in 2021 stood at 25.7 million tonnes, or 75% of total exports of palm products. CPO exports were 2.74 million tonnes in 2021, or 7.98% of the shipments.

In January and February this year, processed CPO exports were 3.38 million tonnes or 79% of exports, while CPO exports were 90,000 tonnes, 2% of the total shipped."

https://www.reuters.com/world/asia-pacific/indonesia-export-ban-will-not-include-crude-palm-oil-sources-2022-04-25/

https://klse.i3investor.com/blogs/kianweiaritcles/2022-04-25-story-h1622259128-Indonesia_export_ban_will_not_include_crude_palm_oil_say_sources.jsp

RBD Palm OLEIN curb of chunky 30-40% underplayed by IBs(RHB/AMI/MIB) and news (western Bloomberg/Reuters) for obvious self-serving purposes? Obviously blind to the simple math?

---1---Bloomberg:
"Exports of crude palm oil and RBD palm oil will still be allowed, according to people familiar with the matter. RBD olein accounts for 30% to 40% of Indonesia’s total palm oil exports."

https://www.thestar.com.my/aseanplus/aseanplus-news/2022/04/25/indonesia-to-allow-key-palm-oil-exports-sparking-price-swings-and-risks-overflowing-of-storage

https://klse.i3investor.com/blogs/kianweiaritcles/2022-04-25-story-h1622258975-Indonesia_to_allow_key_palm_oil_exports_sparking_price_swings_and_risks.jsp

---2---Reuters:
"According to Refinitiv Eikon, Indonesia exported an average of roughly 620,000 tonnes per month of RBD in 2021, compared to an average of around 100,000 tonnes of crude palm oil."

"According to data from Indonesia's palm oil association (GAPKI), exports of processed CPO in 2021 stood at 25.7 million tonnes, or 75% of total exports of palm products. CPO exports were 2.74 million tonnes in 2021, or 7.98% of the shipments.

In January and February this year, processed CPO exports were 3.38 million tonnes or 79% of exports, while CPO exports were 90,000 tonnes, 2% of the total shipped."

https://www.reuters.com/world/asia-pacific/indonesia-export-ban-will-not-include-crude-palm-oil-sources-2022-04-25/

https://klse.i3investor.com/blogs/kianweiaritcles/2022-04-25-story-h1622259128-Indonesia_export_ban_will_not_include_crude_palm_oil_say_sources.jsp

Upstreamer has (usually) fatter 1st bite at the margin vs Downstreamer taking on more margin compression risk. how about aj/ht vs ays/leonfb/prestar?

Top volume in at 1129h (RM 1m @91% buy rate). 1130h AYS hiVol spike, 1133h Hiaptek hiVol spike. Just one mil to trigger heavyweight catalytic wave.

Ever considered to quietly plonk out the 58m between yourselves if it is that rewarding? Difficult to unplonk it I guess,

more like the vested are pushing it. better demand would see a sectoral pop, not today's trickle.

dear Mr Tan

my picks for 2022 :
10% each AEMULUS, DNEX, DUFU, FRONTKN,
GTRONIC, INARI, SCICOM, UNISEM.
RAMSSOL 15%, BSLCORP-WA 5%.

thank you.

in prayerful solidarity...amen.

the most recent three "bear traps" were short-lived. this developing fourth looks very slippery.

seems to target listed entities mostly iso murky large privates. headline seeker? social justice intent is commendable but who will step in to help the swathe of collaterally damaged left in the aftermath? for some, this means no food on the table. to be just right is not good enough. there has to be a righteous outcome.

When one knows a croc will not hesitate to snap one's limb off, why step into the margins?

a hit on a broken record it has become. a hit that rode (up and down) with voluminous highs on the two-stage afterburners of lower-volumed heavyweights : AJ for stage 1, then LI for stage 2 (when AJ couldn't sustain). refer and superimpose all 3 charts this year for review.

any rebound-to-sell is likely to be proxy-driven by AJ and LI, the main protaganists it needs to trigger any sustained move. can see that move again this morning.

the place where one drops with no comeback is an A.b.Y.s.S.

Experian submitted security assessment to BNM on 14Oct (within 14d), access reinstated on 25Oct [12d processing].

CTOS submitted to BNM on 18Oct, no Bursa announcement, but sighted in 25Oct client letters and reported by the news on 26Oct. Meantime, two officers disposed shares : 20/10 DMartin (Bursa anncmt same day) and TGan (Bursa anncmt 10/11 only). Reinstatement 17Nov (have Bursa anncmt) [32d processing]. Question marks?

Why should AYS rebound? Because funds have to find new (victim?) owners.

PER, EPR=InversePER @noon break 20211028 D5 :

COMF 118/102.54 = 1.15, 0.869 (cheapest glove)
HTHB 572/144.09 = 3.97, 0.252
KRIB 236/124.38 = 1.90, 0.527
SUPM 194/146.88 = 1.32, 0.757 (next cheapest)
TOPG 269/097.88 = 2.75, 0.364

trounces

AYSV 87.0/15.27 = 5.70, 0.176 ("cheapest steel")
HTVE 56.5/11.52 = 4.90, 0.204 (wow, even cheaper, now everyone can steel)

sectoral differences aside.

{L4Q(ttm) EPS taken off live Eforce platform}

:not buy = me dta-bpao first, you stay away?

Ethical investors need to look beyond the gloss to its tainted history of alleged land grabs and encroachments in its home state and elsewhere, incl Tasmania.

Should've spoken up louder when heading Shell.

Hiaptek JV Eastern Steel scaling up to 1.5m MT in 2022 meets LionInd restarting 3.92m MT by Feb2022. High noon....

https://www.theedgemarkets.com/article/lion-industries-refurbishes-plant-banting

Lion Industries refurbishes plant in Banting
Tan Siew Mung / theedgemarkets.com

August 18, 2021 18:13 pm +08
Lion Industries refurbishes plant in Banting

KUALA LUMPUR (Aug 18): Lion Industries Corp Bhd said today its hot rolled coil (HRC) plant in Banting, Selangor is undergoing repair and refurbishment.

The plant, which has a rated annual capacity of 3.2 million tonnes of HRC, is expected to be ready to commence production in December, ramping up to full production by February 2022, the group said in a statement.

HRC is used to produce a wide range of steel products such as highway guardrails, water pipes, high pressure vessels and gas cylinders, vehicle chassis and parts, and is also used to produce cold rolled coils.

Lion Industries is also undertaking modification work at its steel plant in Pasir Gudang, Johor which produces billets, and steel bars and sections.

The plant is targeted to commence production early next year, in January or February.

It has a rated annual capacity of 720,000 tonnes for production of billets, bars and sections which are used in the construction and downstream manufacturing industries.

Lion Industries said its steel operations will continue to support the local downstream manufacturers through its supply of both flat and long steel products that are required for the country’s industrialisation programme.

The group, in its statement, stressed that the steel industry is deemed a strategic industry by the government as it supplies essential raw materials to a host of industries, thus deepening and widening the manufacturing base.

Lion Industries’ share price closed 0.5 sen or 0.89% lower at 55.5 sen, valuing the group at RM402.02 million.

By Feb2022, 4m MT potential coming online from LionInd refiring up nascent capacities (Banting 3.2m MT + Pasir Gudang 720k MT)

AR2021 issd 29July : Owners in Top 2 SH @ ~70%. Available float to see high demand.

bezos yesterday. branson last week. superman the precursor returns...

where got exceed? it was very tight, is less tight and will tighten

MISDELIVERED, UNDERDELIVERED.

people on the ground, the majority, seek GENUINE truth, honesty, fairness, shared equity, righteousness, social justice, moral justice above all. in short, TRUE love with mercy.

by whatever grandiose name, brand, institution, philosophy, ideology, etc the booty-grabbing, leg-shaking above-grounders, think-they-know-it-alls choose to call it, they ultimately have to DELIVER for the masses. that is the only metric that counts in the now and hereafter.

and on that count alone, few deserve to be accoladed while riding high on lies, travesty of travesties, the mostly self-serving pretenders have grossly UNDELIVERED.

When ceding to the military mid last century, the colonial Brits did not follow through on the Burmese states that had rights to self determination who were supposed to be independent within a certain time frame, eg Shan State. Coerced unity but disarray resulted to this day and seasia's nine are toothless against it. The west...?

the tame hypocrisy of the declared allieds over UK, Northern Ireland, Ireland couldn't be more stark to their poking posturings in the Orient.

the steel industry worldwide is fraught with gamechanging regulatory interventions which determine the fate of its supply chain, turbo in brief moments but unfortunately more oft hamstrung to be servitude. just ask the steel moguls, a rarer breed these days.

nations imposing curbs, and those yet to, understandably seek to ensure
a) adequate domestic supply for own rebuilds, and
b) to cap local prices, thereby inflation.

selling out and up to progressive demand markets willing to pay toppish (but cheapish to them) prices contributes to runaway local infrastructure development costs. reining in local price bubbles is crucial in more challenged and indebted economies. this is the chief reason for the curbs.

consequently, producers may have to lower price expectations for restrictions to safeguard sufficiency for internal consumption. resultant sentiments drive the knee-jerk and longer-term equity price action trend.

locally, there is a somewhat unsettling disconnect in the way pure downstream manufacturers are enjoying supranormal profits at the seeming relative expense of the pure upstream producers. this may suggest unchecked submarine supplies circumventing rules originated to ringfence the primaries, much akin to the untenable and unsustainable nature of pure PKO millers on record profits while pure FFB growers are still on the margins.

if both are within the same hybrided entity, which Hiaptek is, to be fair, the outcome could be positive. however, timing the steel cycle can be unexpectedly bumpy because of higher hands and continual megaplant builds, not to mention refiring up nascent backyard capacities when push indeed comes to shove.

World Steel in Figures 2021
03 June 2021 Brussels, Belgium
https://www.worldsteel.org/media-centre/press-releases/2021/world-steel-in-figures-2021.html

World Steel in Figures 2021
https://www.worldsteel.org/en/dam/jcr:976723ed-74b3-47b4-92f6-81b6a452b86e/World%2520Steel%2520in%2520Figures%25202021.pdf

Investment Talk with Top Glove Corporation Berhad
https://www.youtube.com/watch?v=Hho5rCGZqAQ

prospectively interesting no doubt, but entering the fray with big holders on margins is unmanageable risk.

with another half billion dividend receipt on 7jul on top of the previous two, there is more than enough ammo in the founder's coffers to take all current shorts to the cleaners twice over, if provoked.

Would it hazard to surmise that the incessantly relentless one-sided torps to deep sink the glove titans seem altogether a coordinated campaign to desensitise fundamentals, devalue positive metrics and steer technicals to render them irrelevant and drown the entrapped?

Some of the observed tactics were to firstly regress Spmx to 1.00 below TG, followed by continually depressing Koss to crack and delimit the floor for Spmx, along with precision-timed, nostradamus-level farsightedness albeit somewhat misguided debasing downgrades for the sole purpose to contain any potential reversal to the upside at every glimmer of hope, every silver lining, every opportunity.

Latest case in point : while Comfort's sterling noon results on 21jun boosted its price trajectory at the pm open, banded stranglers instantly waterfalled both Spmx and TG in equal coordinated flash to snuff out any catalysing effect from Comfy. Their pm intraday trajectories could not have been more obviously and desperately divergent. Complicitly, one IB busybodiedly decided to neuter Koss TP at the break just to enable Spmx's lockstep descent after 1430h without psychological constraint. Well-oiled mauling bear machine?

That too will have its day of reckoning, at 20k leagues under.

Biggie referent CN steel cos such as Angang and Baoshan, with good revenue and profit growth, are seeing stock price declines (look up tradingview, investing.com) because the CN govt will/has no doubt rein in those seen to profiteer and cause inflationary pressures, whether it be domestic plants or those JVs overseas, or squeezes at ports of entry.

for harmony and peace, rights bestowed, bought, claimed, given, inherited, owned all need to be exercised not wantonly but righteously.

https://www.tradingview.com/chart?symbol=COMEX%3AGC1!
Prospects under threat. Under EMA20 few candles back, below SMA200 now.

Yays lay the hay for some pay day.
Nays bay what may for a ray of gay.
Say your sway, nay or yay,
save not in an uncouth way,
or just stay away.

Bashing, blacklisting, sanctioning, stifling all run in the face of building bridges cooperatively to natural, sustained world peace, harmony and united progress.

Perpetual selfish sowing of discord to alienate, divide and create allies, factions, geocamps all starkly falsify the tiringly loud frequent rhetoric of self-serving flogbearers proclaiming equality, equity, freedom, justice, liberalism.

So much manufactured fracture. Whatever happened to human fraternity?

overed, cornered, mistake, caution ... most definitely. unconscionable esg-failed licensed fin sharks have analysts and traders manipulate to report boosted non-cores amid prolonged abysmal Nims.

"trading" holdings is more apt.

CN is clever in taking its carbon footprint elsewhere : https://www.metalbulletin.com/Article/3957903/FOCUS-New-Chinese-steel-mega-plants-in-SE-Asia-one-step-closer-to-completion.html

These and 2H21 Pmetal and polymer capacities coming online can/will cap rises in steel, aluminium and polymers.

Wood Pulp Prices have rocketed in 2021 over 2020(following Lumber of course)!
Click on 1Y to see the latest 12 months :
https://fred.stlouisfed.org/series/WPU0911

Good idea. Difficult though to call/plead after diplomacy of summoning for airspace "near"-incursion in the past 24h.

Convenient date ommision, under-researched post potentially to influence new MCO fund flow to recovery stocks. Alcoholic beverage producers halted. Iron & Steel on 10% workforce 2w-4w. Tread with caution.