The market will slowly digest the aircraft matter and it will surely bounce back to 50 sen and above

I think we can see green in its Q3 result😃

Next support level is 0.400. A great rebound might occur when it hits that price

Cap A becomes a tech stock after aviation business is sold ? 😁

DXN leases corporate jet for business expansion. DXN may be able to deduct leasing costs as a business expense, further making the lease an attractive option over outright purchase.

https://theedgemalaysia.com/node/733017

Fraser & Neave Holdings Bhd (F&N) expects the company’s first batch of cows to only arrive in six to 12 months following the cancellation of the permit to import 2,500 US-bred cows by the government as a precautionary move following an outbreak of avian flu.

F&N’s chief executive officer Lim Yew Hoe said in a briefing to analysts and the media yesterday that the company’s plans to diversify into the production of fresh milk will not be deterred as it would continue to develop the 2,726ha of land in Gemas, Negri Sembilan into an integrated dairy farm.

F&N has spent RM1.4bil of the RM2bil allocated for the first phase of the project.

The second phase would involve a further RM1bil in spending. The company plans to produce up to 200 million litres of milk annually from 20,000 cows as well as produce beef, and corn for animal feed, as part of its diversification when the farm becomes fully operational.

The company expects to produce up to 100 million litres of milk from the first phase.

Lim admitted that there would be a delay in the completion of the integrated dairy farm as the second phase would not be developed until the completion of the first phase.

He said the company would look into the matter of higher dividend payouts given that the delay of the second phase meant lower spending on the farm and higher than expected cashflow.

F&N declared a total of 63 sen per share in dividends for its financial year ended Sept 30, 2024 (FY24), after declaring a final single tier dividend of 33 sen per share and an interim dividend of 30 sen per share on Nov 5. For FY23, the company declared a total of 77 sen per share in dividends.

Lim said the company has backup plans for livestock from other sources, but the first batch will take anything from six to 12 months to arrive, with the delay of up to a year due to choppy sea conditions and soaring temperatures from April to September in this part of the world that can badly affect the cows.

He said the company was looking into alternative sources from which to import the cows, and that the cows must have the genomic traits that the cows the company ordered from the US have.

The company would also continue to liaise with the government over the matter of future contagion events and how to mitigate the risks.

The company would continue to develop the first phase of the integrated dairy farm and also start the planting of corn for animal feed in December, which should be ready for harvesting next April.

The cows should have animal feed ready for consumption by July, which Lim said would help lower the farm’s operating costs.

He also said that from the 100 million litres of milk expected to be produced from the first phase, up to 20 million litres would be supplied to F&N’s plant in the Suvannaphum Special Economic Zone in Cambodia and another 10 million litres to 15 million litres to Singapore as bulk supply to be packed in the company’s Tuas plant. The remainder would go towards domestic consumption.

On the matter of the excise duty on sugar-sweetened beverages, which would be increased to 90 sen per litre from 40 sen per litre, next year for beverages containing more than five grammes of sugar per 100ml announced under Budget 2025, Lim said the impact would be minimal and the company would try to absorb the cost.

The range of products that cross the sugar threshold contributes less than 1% in terms of sales and include the energy drink Ranger, F&N Teh Tarik and Magnolia Sterilised Milk.

Lim said the company would be looking into how to improve recipes and formulas to lower the sugar volume.

AirAsia X issues circular on proposed RM6.8bil acquisition for shareholders' review
https://www.thestar.com.my/business/business-news/2024/09/25/airasia-x-issues-circular-on-proposed-rm68bil-acquisition-for-shareholders039-review

UWC remains optimistic on its outlook given the expected strong recovery in the global semiconductor market, with an estimated 16% growth in 2024. The semiconductor industry is still shining

https://www.thestar.com.my/business/business-news/2024/09/25/airasia-x-issues-circular-on-proposed-rm68bil-acquisition-for-shareholders039-review

AirAsia X Bhd (AAX) has released a detailed circular on the RM6.8 billion acquisition of Capital A Bhd's entire equity stake in AirAsia Aviation Group Ltd (AAAGL) and AirAsia Bhd (AAB) for its shareholders’ review ahead of its Extraordinary General Meeting on Oct 16.

https://www.thestar.com.my/business/business-news/2024/09/25/airasia-x-issues-circular-on-proposed-rm68bil-acquisition-for-shareholders039-review

AirAsia X Bhd (AAX) has released a detailed circular on the RM6.8 billion acquisition of Capital A Bhd's entire equity stake in AirAsia Aviation Group Ltd (AAAGL) and AirAsia Bhd (AAB) for its shareholders’ review ahead of its Extraordinary General Meeting on Oct 16.

https://www.thestar.com.my/business/business-news/2024/09/25/airasia-x-issues-circular-on-proposed-rm68bil-acquisition-for-shareholders039-review

AirAsia X Bhd (AAX) has released a detailed circular on the RM6.8 billion acquisition of Capital A Bhd's entire equity stake in AirAsia Aviation Group Ltd (AAAGL) and AirAsia Bhd (AAB) for its shareholders’ review ahead of its Extraordinary General Meeting on Oct 16.

Local Automated Test Equipment (ATEs) and Outsourced Semiconductor Assembly and Test (OSATs) sectors are set for a rebound in the second half of 2024 (2H24) according to the research house

Strong rebound will happen

Good news, Rapid KL launches new unlimited rail and bus MyCity 2-day pass for RM11. The sound of music for the commuter

👉technave.com/gadget/Rapid-KL-launches-new-unlimited-rail-and-bus-MyCity-2-day-pass-for-RM11-39267.html

COVID cases are climbing in the U.S. amid summer travel 😯

https://america.cgtn.com/2024/07/14/covid-cases-are-climbing-in-the-u-s-amid-summer-travel

Steady movement. Let's see if it can sustain above 90 cents or not

Looks like it's a dip, that's why directors were buying in

PE is not low for technology-related companies. Invest it if you have confidence in the company's future prospects

Hydrogen is naturally produced or need to synthesize it in order to generate power ?

Those who got the IPO really laughing to the bank

Good news came one after another. KNM will breach 0.10 soon

Most likely Go Hub will release its QR tonight ..

KNM has obtained an interim or temporary restraining order from the Kuala Lumpur High Court that will shield it from legal actions by its creditors, until the disposal of its application for a three-month restraining order and a court convened creditors meeting.

https://theedgemalaysia.com/node/716803

Opps, my bad. Thanks for the correction , steventim777

Is it an affiliate of KNM?

I also not get it ... Prepare bullets for next Tuesday then

Summer COVID-19 cases rising across America 😶

https://www.upi.com/Health_News/2024/06/25/covid-19-cases-rising-america-summer/3011719324520/

Pray to Sky, Earth and GOD. Hope can get the IPO this time 🙏

This counter will bangun. Look, Dato and MAA keep collecting it

last day to subscribe the IPO !! Act fast, act quick, act promptly 🏃🚵🏍

Any good news from today's AGM?

Better subscribe to its IPO before it's too late. Tomorrow is the subscription deadline

Quick a shot! I thought Top glove will turn green in Q4 or next financial year. Kudos to Uncle Lim

The transfer will further strengthen the MHB's credibility among its customers, suppliers, business associates, employees and shareholders, and further strengthen its shareholder base, especially among institutional investors

https://www.nst.com.my/business/corporate/2023/12/988998/mestron-holdings-successfully-tranfers-main-market-bursa-malaysia#google_vignette

@StartOfTheBull. Apparently so ...https://www.freemalaysiatoday.com/category/nation/2023/12/13/covid-19-cases-almost-double-to-nearly-12800-in-one-week/

Mestron is moving towards the renewable energy business. One of the reasons Bursa is "endorsing" it by approving the main market listing ~

Say NO to those no, haha 😆

Another rally is coming after it transfers to Main Board

https://www.thestar.com.my/business/business-news/2023/11/21/mestron-gets-nod-to-transfer-listing-to-main-market

Kenanga start shorting?

https://klse.i3investor.com/web/pricetarget/research/69885

Investment is a waiting game and surely can earn decent return when you have unwavering patience

Wave down today and it will rebound next week I believe

Mestron becomes one of the stocks that worth holding for mid-long terms

Delay to announce QR could be a good surprise .. May be they are constructing good ESG report

Fascinating, it continues to show positive momentum and keeps hitting new high

dnt worry, Its next loss will be narrowed down, and Tan Sri will give good prospects about gloves

Not necessarily. It is moving up quite steady alrdy without new catalyst

Good news will be delivered when Q4 is out

Positive outlook for Mestron to set a footprint in RE business

Good Q4 can be expected from TG