@Calvin, indeed, observe the bank counters. The KLCI would likely be at 1800 if not for the investment banks shorting bank stocks.

Seen banks and suppliers are seeing the intrinsic value of KNM, all are preparing to grab it by cheap. The problem of KNM now is cash flow.

The SC has recommended a civil suit, so the minority shareholders know the next steps ya. ^_* It's puzzling that despite the SC's stern statement and the questionable contract, the Board of Directors remains silent and passive. What exactly is the role of an independent director?

Hmm...seem some1 is launching Bankruptcy procedure against KNM.. ..waiting further announcement from the company.

The Company wishes to announce that an ad interim Restraining Order was granted by the Kuala Lumpur High Court on 25 June 2024 pending disposal of the Applicants
application to the High Court for a 3 month Restraining Order and a Court Convened Creditors Meeting.

a) no order may be made, and no resolution may be passed, for the winding up of the Applicants;



(b) no receiver or receiver and manager may be appointed over any undertaking or property of the Applicants;



(c) no proceedings may be commenced or continued against the Applicants other than the proceedings under Sections 366, 368c, 368d, 369a or 370 of the Companies Act 2016 except with the leave of the Court and subject to any terms as the Court may impose;



(d) no execution, distress or other legal process may be commenced, continued or levied against any property of the Applicants except with the leave of the Court and subject to any terms as the Court may impose;



(e) no steps may be taken to enforce any security over any property of the Applicants, or to repossess any goods held by the Applicants under any chattels leasing agreement, hire purchase agreement or retention of title agreement, except with the leave of the Court and subject to any terms as the Court may impose; and



(f) no right of re‑entry or forfeiture under any lease in respect of any premises occupied by the Applicants may be enforced except with the leave of the Court and subject to any terms as the Court may impose.

Johor Plantation is valued at PE 12.5X. MKHOP forward PE is 7X at 58cents. Let's see how JPG perform in debut day.

The Malaysian furniture industry has been contending with challenges from China for over two decades. Despite this, it remains competitive in global trade. While most raw materials for nitrile gloves come from China, Malaysian furniture benefits from local sources.

Because some calling boycott or making divide among us are outsider troopers. They don't care about Malaysia.

CPO RM3900/MT is very profitable, i wonder y some analysis call it low price and no good prospective to Plantation stock.

yes! The come back is real. But it is Zul.

Why SC n BURSA didn't take action when the co didn't disclose or fully disclose big contract involving co assets? And why Yu still holding office amid forensic audit. He should take garden leave.

Facial and slim program like consumable item, you must go for treatment every month. I dont understand why the half of previous package buyer suddenly didn't turn out during the past quarter. One possible is DC doing buy one free one promotion pre-IPO, so the clients paid pre-IPO and thus now DC has higher liability. My wild guess.

KNM's market capitalization is currently 445 million, while MAA's stands at 105 million. It raises the question as to why the Challenging Party is not contemplating the acquisition of MAA to secure control over KNM. TY only possesses a 35% stake in MAA and has previously been defeated by minority in an attempt to privatize. Acquiring control of MAA would consequently confer the status of the largest shareholder in KNM, and at a considerably lower cost. It is important to note that MAA is a net cash company. Any Wayang Kulit to bring up n down price of KNM?

The dust settles only once the forensic audit is completed.

well, precisely is to transfer the palm oil estates from MKH to individual share holder.

bcoz there are many call warrants. How could small holders win money from the IB ? Call warrants is a gamble, why it is HALAL in Malaysia?

ultimately MARA, KWAP or LTAT can take up GIP portion. However due to mismanagement and corruption by the previous local elite, Khazanah hv to find other funds now.

An independent external auditor has not yet been appointed. Why is it taking so long?

Please do not sell the airport to GIP, and also consider prohibiting Boeing from landing at KLIA as well, is that possible?

SAB Berhad’s palm oil estates are located in East Kalimantan, Indonesia. Specifically, they comprise two oil palm estates: PT Maju Kalimantan Hadapan (PT MKH) and PT Sawit Prima Sakti (PT SPS). These estates cover a total of 18,205 hectares and are situated approximately 90 kilometers from Samarinda, the capital of East Kalimantan, and about 200 kilometers from Balikpapan, which serves as the financial center of Kalimantan12. If you’re interested in the palm oil industry, these estates are worth exploring! 🌴🌿

Turkish citizens rarely question why one of their airports is managed by a Malaysian sovereign fund, whereas some Malaysians frequently question why such assets are sold to foreigners in the global business arena. They seem to think: if it's not owned by us, then it must be owned by our adversaries.

another Sg Bagan

the tax rate hike effective from 2026. Chinese seller will push the stock to US in 2025 so Malaysia manufacturers may start benefit in 2nd half of 2026.

Theoretically, MKH is currently conducting a share buyback. MKHOP is seen as undervalued.

Acquire more. Those who wish to offload, please do so in one go to save my time. 😁

@Calvin, great concept, but please ensure that your flying taxi is constructed with a robust axle and an effective braking system. :) As for now, I'm interested in riding on the flying price of MKHOP

Wow, Calvin, you seem quite knowledgeable about Kalimantan. I would love to join you to Nusantara and explore property investment opportunities if there any trip led by you.

https://theedgemalaysia.com/article/way-forward-maa-after-failed-src

It's unlikely. Over the past five years, while MAA was under PN17, Tengku required cash to invest in new business ventures by Bursa rules, otherwise MAA risked delisting. Regulations prevented him from initiating another SCR in a short period. However, it has now been five years since the first attempt.

As of 29 March 2024, 7 stocks closed above their IPO prices and 2 stocks closed below their list prices.
Power cable manufacturer MTEC closed with 156.4% above its list price to become the best
performing IPO in first quarter of 2024. This was followed by building support services provider KJTS,
which saw its stock price rose by 153.7% from its list price. Both Industrial Products & Services
counters contributed to the sector’s price performance.

https://www.klsescreener.com/v2/news/view/1317539/%E4%B8%BB%E6%9D%BF%E7%B2%89%E5%A2%A8%E7%99%BB%E5%9C%BA-mkh-oil-palm%E6%94%B6%E4%BD%8E

If it's a gem, it will shine. Seize as much as you can from the Indonesian workers selling the shares. MTEC fell below its IPO price in the first week but later received a UMA one month later due to limit up.

Following the sale of MAA Philippines, MAA no longer has a core business and has been incurring losses for three consecutive quarters.

average FFB of Malaysia is 15.49MT/hec in 2023 while MKHOP is 24.1MT/hec.

https://www.statista.com/statistics/1093093/malaysia-yield-of-fresh-fruit-bunches/

Possible,. MAA soon will be PN17 again. If Tengku doesn't take any proactive action, it will be delisted.

ased on the latest quarterly results and assuming an average Crude Palm Oil (CPO) price of RM3800/MT in 2024, MKHOP's P/E ratio stands at 9.

https://www.thestar.com.my/business/business-news/2024/04/30/mkhop-seeks-to-capitalise-on-higher-cpo-prices-amid-tighter-global-supply

The question is who dump such volume below IPO price? It remind me of MTEC.

The stock is going to hit 100mil unit trade today.

Thank you for providing this information, Calvin. I believe that if MKHOP shows an overwhelming response in her initial performance, the spillover effect will also reach TSH.

Volume up significantly compae to last week. Bull is coming!

When MAA bought Turiya, some shareholders said the same but now they see how much MAA made. KNM is losing money right now, but it still has valuable assets just like MAA. Tengku needs to get more PR with his peers. I reckon everyone will be friendly towards him if he does proper communication and profit sharing.

Giving its asset mostly in cash, hostile takeover is possible.

@TheContrarian Perhaps this is the way to force minority to accept the offer price when 2nd attempt coming.

It has been five years since Tengku's first attempt to privatize MAA. Now, MAA has been released from PN17 status but may re-enter PN17 after the sale of MAA Philippines, a lower price compared to 2019, and increased cash reserves. I believe this is an opportune time to consider privatization once again.

dompeilee, what's platform u r using invest in Japan share market?

https://www.bharian.com.my/bisnes/korporat/2024/04/1239095/syarikat-tersenarai-nasdaq-labur-rm958-juta-buka-kilang-di-pulau?fbclid=IwY2xjawCYS-VleHRuA2FlbQIxMAABHU4geazxpaaMp8s-4VCHwDdmC9dKzO9POFfkK-nAjEYCXRgUEFfpYSJ6pw_aem_AfcwKJ7JWmI-b_tk4kS1AeyYB6jbyUbEMBk651yER0YSbaHDAjPyVUBGw1ev8fddXNFaBqq1OnygaSJOkImqBbuL

At a price of 62 cents, you have the opportunity to own a prime palm oil estate with a mill for RM14k per acre. Do you think this is an overspend?

If the land surrounding Nusantara is valued at RM200k per acre, that's 10X the valuation of MKHOP's land bank. Even if it sold for RM80k per acre, it would still be 4X the valuation of MKHOP. Are you kidding?

MKHOP net profit for the first six months has already reached RM26.5mil, compared to RM30.4mil for the entire financial year ended Sept 30, 2023 (FY23), The valuation of the stock will be double up since its np going to double up compare to 2023.