Malaysian palm oil exports and inventory levels in July surpassed market expectations, with robust exports contributing to a reduction in stockpiles. Exports surged by 39.9% month-on-month. This increase was primarily due to higher orders from key importing countries, such as India and China, for July shipments. Palm oil production has resumed its upward trend, rising 14.0% month-on-month in July to 1.84 million tonnes, signaling the onset of the seasonal high-production phase.

Kenanga also maintains a Neutral outlook with a strong upside catalysts, such as CPO prices surging to trade between RM4,000 - RM4,500

Let’s look at the general gross profit for Crude Palm Oil (CPO) in Malaysia and Indonesia.

Malaysia
Gross Profit: The gross profit for Malaysian CPO producers can vary, but it generally ranges from RM 1,500 to RM 2,000 per tonne. This is based on production costs of around RM 2,000 per tonne and average CPO prices ranging from RM 3,500 to RM 4,000 per tonne.

Indonesia
Gross Profit: Indonesian CPO producers typically enjoy higher gross profits due to lower production costs. The gross profit generally ranges from USD 400 to USD 600 per tonne. This is based on production costs of around USD 300 per tonne and average CPO prices ranging from USD 700 to USD 900 per tonne.

As you can see the Indonesian Farmers are happily dancing while the Malaysian Farmers will need to monitor their production cost with the 52% increase in Diesel Price in Peninsular Malaysia. Hopefully the volume in revenue can cover this cost.

Malaysian palm oil exports and inventory levels in July surpassed market expectations, with robust exports contributing to a reduction in stockpiles. Exports surged by 39.9% month-on-month. This increase was primarily due to higher orders from key importing countries, such as India and China, for July shipments. Palm oil production has resumed its upward trend, rising 14.0% month-on-month in July to 1.84 million tonnes, signaling the onset of the seasonal high-production phase.

Kenanga also maintains a Neutral outlook with a strong upside catalysts, such as CPO prices surging to trade between RM4,000 - RM4,500

Let’s look at the general gross profit for Crude Palm Oil (CPO) in Malaysia and Indonesia.

Malaysia
Gross Profit: The gross profit for Malaysian CPO producers can vary, but it generally ranges from RM 1,500 to RM 2,000 per tonne. This is based on production costs of around RM 2,000 per tonne and average CPO prices ranging from RM 3,500 to RM 4,000 per tonne.

Indonesia
Gross Profit: Indonesian CPO producers typically enjoy higher gross profits due to lower production costs. The gross profit generally ranges from USD 400 to USD 600 per tonne. This is based on production costs of around USD 300 per tonne and average CPO prices ranging from USD 700 to USD 900 per tonne.

As you can see the Indonesian Farmers are happily dancing while the Malaysian Farmers will need to monitor their production cost with the 52% increase in Diesel Price in Peninsular Malaysia. Hopefully the volume in revenue can cover this cost.

Malaysian palm oil exports and inventory levels in July surpassed market expectations, with robust exports contributing to a reduction in stockpiles. Exports surged by 39.9% month-on-month. This increase was primarily due to higher orders from key importing countries, such as India and China, for July shipments. Palm oil production has resumed its upward trend, rising 14.0% month-on-month in July to 1.84 million tonnes, signaling the onset of the seasonal high-production phase.

Kenanga also maintains a Neutral outlook with a strong upside catalysts, such as CPO prices surging to trade between RM4,000 - RM4,500

Let’s look at the general gross profit for Crude Palm Oil (CPO) in Malaysia and Indonesia.

Malaysia
Gross Profit: The gross profit for Malaysian CPO producers can vary, but it generally ranges from RM 1,500 to RM 2,000 per tonne. This is based on production costs of around RM 2,000 per tonne and average CPO prices ranging from RM 3,500 to RM 4,000 per tonne.

Indonesia
Gross Profit: Indonesian CPO producers typically enjoy higher gross profits due to lower production costs. The gross profit generally ranges from USD 400 to USD 600 per tonne. This is based on production costs of around USD 300 per tonne and average CPO prices ranging from USD 700 to USD 900 per tonne.

As you can see the Indonesian Farmers are happily dancing while the Malaysian Farmers will need to monitor their production cost with the 52% increase in Diesel Price in Peninsular Malaysia. Hopefully the volume in revenue can cover this cost.

Malaysian palm oil exports and inventory levels in July surpassed market expectations, with robust exports contributing to a reduction in stockpiles. Exports surged by 39.9% month-on-month. This increase was primarily due to higher orders from key importing countries, such as India and China, for July shipments. Palm oil production has resumed its upward trend, rising 14.0% month-on-month in July to 1.84 million tonnes, signaling the onset of the seasonal high-production phase.

Kenanga also maintains a Neutral outlook with a strong upside catalysts, such as CPO prices surging to trade between RM4,000 - RM4,500

Let’s look at the general gross profit for Crude Palm Oil (CPO) in Malaysia and Indonesia.

Malaysia
Gross Profit: The gross profit for Malaysian CPO producers can vary, but it generally ranges from RM 1,500 to RM 2,000 per tonne. This is based on production costs of around RM 2,000 per tonne and average CPO prices ranging from RM 3,500 to RM 4,000 per tonne.

Indonesia
Gross Profit: Indonesian CPO producers typically enjoy higher gross profits due to lower production costs. The gross profit generally ranges from USD 400 to USD 600 per tonne. This is based on production costs of around USD 300 per tonne and average CPO prices ranging from USD 700 to USD 900 per tonne.

As you can see the Indonesian Farmers are happily dancing while the Malaysian Farmers will need to monitor their production cost with the 52% increase in Diesel Price in Peninsular Malaysia. Hopefully the volume in revenue can cover this cost.

Malaysian palm oil exports and inventory levels in July surpassed market expectations, with robust exports contributing to a reduction in stockpiles. Exports surged by 39.9% month-on-month. This increase was primarily due to higher orders from key importing countries, such as India and China, for July shipments. Palm oil production has resumed its upward trend, rising 14.0% month-on-month in July to 1.84 million tonnes, signaling the onset of the seasonal high-production phase.

Kenanga also maintains a Neutral outlook with a strong upside catalysts, such as CPO prices surging to trade between RM4,000 - RM4,500

Let’s look at the general gross profit for Crude Palm Oil (CPO) in Malaysia and Indonesia.

Malaysia
Gross Profit: The gross profit for Malaysian CPO producers can vary, but it generally ranges from RM 1,500 to RM 2,000 per tonne. This is based on production costs of around RM 2,000 per tonne and average CPO prices ranging from RM 3,500 to RM 4,000 per tonne.

Indonesia
Gross Profit: Indonesian CPO producers typically enjoy higher gross profits due to lower production costs. The gross profit generally ranges from USD 400 to USD 600 per tonne. This is based on production costs of around USD 300 per tonne and average CPO prices ranging from USD 700 to USD 900 per tonne.

As you can see the Indonesian Farmers are happily dancing while the Malaysian Farmers will need to monitor their production cost with the 52% increase in Diesel Price in Peninsular Malaysia. Hopefully the volume in revenue can cover this cost.

Second quarter 2024 earnings released: EPS: RM0.097 (vs RM0.079 in 2Q 2023)

Second quarter 2024 results:
EPS: RM0.097 (up from RM0.079 in 2Q 2023).
Revenue: RM7.73b (up 8.6% from 2Q 2023).
Net income: RM777.0m (up 24% from 2Q 2023).
Profit margin: 10% (up from 8.8% in 2Q 2023). The increase in margin was driven by higher revenue.

Revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Chemicals industry in Malaysia.

Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.

Great write up. Thanks for sharing...

PCHEM has been good to me..

Meow

Previously, technical analysis-oriented investors were skeptical about YTL Power's stock price trajectory, citing the formation of a bearish Double Top pattern. This classic technical pattern usually signals the end of an upward trend, suggesting that the market could reverse from bullish to bearish.

While the Double Top pattern typically points to a potential decline, YTL Power's stock price has already accounted for this negative outlook. After breaking the neckline on August 2, this blue-chip utility stock quickly hit the Double Top's downside target within just two days ...

Looking forward, YTL Power's stock price has recently found robust support following a sharp decline, ...

In summary, after a significant drop, YTL Power has established a strong support level …

Resistance: 4.625
Support: 3.905"

Meow

Hahaha it has been a productive Friday…

Lady Sapnrg is on target to submit Regulation Plan, todays she purrr and climb 14.29%

Yinson FPSO Maria Quiteria arrived in Brazil, today she purrs and climb 7.2%

PETRONAS Chemicals registers higher net profit of RM777mil in 2Q, declares 10c div/share. Today she purrs and climbs 6.23%

Sheikh Mabel is very apy today. Well done to all our 3 National Treasures!!!.

To Our Success !

Meow Meow Meow

Hahaha it has been a productive Friday…

Lady Sapnrg is on target to submit Regulation Plan, todays she purrr and climb 14.29%

Yinson FPSO Maria Quiteria arrived in Brazil, today she purrs and climb 7.2%

PETRONAS Chemicals registers higher net profit of RM777mil in 2Q, declares 10c div/share. Today she purrs and climbs 6.23%

Sheikh Mabel is very apy today. Well done to all our 3 National Treasures!!!.

To Our Success !

Meow Meow Meow

Hahaha it has been a productive Friday…

Lady Sapnrg is on target to submit Regulation Plan, todays she purrr and climb 14.29%

Yinson FPSO Maria Quiteria arrived in Brazil, today she purrs and climb 7.2%

PETRONAS Chemicals registers higher net profit of RM777mil in 2Q, declares 10c div/share. Today she purrs and climbs 6.23%

Sheikh Mabel are very apy today. Well done to all our 3 National Treasures!!!.

To Our Success !

Meow Meow Meow

Meanwhile Lady Sapnrg is on target to submit Regulation Plan

Today she climbs 14.29%

Finally FPSO Maria Quiteria arrived at the JUBARTE FIELD.
First oil expected at 3Q24, means around September.
USD624k/day rate.

Atlanta only US$210,000/day.

https://www.marinetraffic.com/en/ais/home/shipid:8803162/zoom:10

The next big pay is Agogo at USD726k/day, first oil expected at 1Q26. Which is a long way, unless they managed to complete the conversion 5 or 6 months ahead like Maria, then maybe first oil at mid or end of 2025.

Well Done Yinson, today she climbs 7.2%

PETRONAS Chemicals registers higher net profit of RM777mil in 2Q, declares 10c div/share

Well Done PCHEM, today she climbs 6.23%

Sheikh Mabel is very apy today...

Meow Meow Meow

https://www.thestar.com.my/business/business-news/2024/08/16/petronas-chemicals-registers-higher-net-profit-of-rm777mil-in-2q-declares-10c-divshare

In the second quarter ended June 30, 2024, PETRONAS Chemicals registered a net profit of RM777mil, an improvement from RM628mil in the same quarter a year earlier.

The group reported higher revenue of RM7.73bil, up from RM7.11bil in 2QFY23, while earnings per share rose to 10 sen from eight sen in the comparative quarter.

The board of directors announced a first interim dividend of 10 sen per share, representing a payout of RM800mil or 55% of 1H24 profit after tax and non-controlling interests.

Life is so beautiful

Meow

PETRONAS Chemicals registers higher net profit of RM777mil in 2Q, declares 10c div/share

Meow Meow Meow

Thank you for sharing DividendGuys!

For the 1st time, Chart is looking good...hihihi

It's looking good guys...

Meow Meow Meow

Meow Meow Meow

https://www.youtube.com/watch?v=cVWCn6bGj0A

Watch how this beautiful 22 years old Yaroslava Mahuchikh Erased A 37-Year-Old World Record Out Of NOWHERE and here’s the best part. .. Yaroslava Mahuchikh also Breaks High Jump World Record! Paris 2024

Meow

Touche bro...

Let's hope for the best!

Hopefully it will not happen this time as many Asian economies have strengthened their financial systems since the 1997 crisis. They have built up foreign exchange reserves, improved regulatory frameworks, and adopted more flexible exchange rate policies.

In 1997, Malaysia’s GDP growth rate was 7.3%. This period was indeed marked by strong economic performance, although it was followed by the Asian Financial Crisis, which significantly impacted the region’s economies.

Meow Meow Meow

Well done !

Today Mabel unload from 2.66 to 2.68 and retain another 60 %...

Thank you BIMB

Meow

All 3 Singapore-listed banks have also released their financial results for the 2nd quarter, and for the 1st half of FY2024 – starting with United Overseas Bank (SGX: U11), on 01 August, followed by Oversea-Chinese Banking Corporation (SGX: O39), the following day on 02 August, and then DBS Group Holdings Limited (SGX: D05), on 07 August.

‌*Dividend Payout to Shareholders*:
The management of UOB pays out a dividend on a half-yearly basis – once when it releases its results for the 1st half of the year, and once when it releases its results for the 2nd half. ‌For the 1st half of FY2024, a dividend payout of 88.0 cents/share was declared – this represents a 3.5% improvement from its payout of 85.0 cents/share declared last year. The amount also represents a payout ratio of about 51%. Dividend payout: 23 August 2024

Similar to UOB, OCBC’s management also announces dividends to shareholders bi-annually – once when the bank releases its results for the 1st half of the year and again for the 2nd half. For the 1st half of FY2024, a dividend payout of 44.0 cents/share was declared – a 10.0% increase from its payout of 40.0 cents/share last year, and representing a payout ratio of 50%. Dividend payout: 23 August 2024

‌Unlike UOB and OCBC, the management of DBS declares a dividend payout to the shareholders on a quarterly basis. Similar to the first quarter, a payout of 54.0 cents/share was declared for the 2nd quarter. Hence, for the 1st half of the year, a total payout of $1.08/share was declared – a 20.0% improvement from its payout of 90.0 cents/share last year. Dividend payout: 26 August 2024

Let's hope Maybank, CIMB and BIMB can beats the 3 Singaporean Princess!

Meow Meow Meow

All 3 Singapore-listed banks have also released their financial results for the 2nd quarter, and for the 1st half of FY2024 – starting with United Overseas Bank (SGX: U11), on 01 August, followed by Oversea-Chinese Banking Corporation (SGX: O39), the following day on 02 August, and then DBS Group Holdings Limited (SGX: D05), on 07 August.

‌*Dividend Payout to Shareholders*:
The management of UOB pays out a dividend on a half-yearly basis – once when it releases its results for the 1st half of the year, and once when it releases its results for the 2nd half. ‌For the 1st half of FY2024, a dividend payout of 88.0 cents/share was declared – this represents a 3.5% improvement from its payout of 85.0 cents/share declared last year. The amount also represents a payout ratio of about 51%. Dividend payout: 23 August 2024

Similar to UOB, OCBC’s management also announces dividends to shareholders bi-annually – once when the bank releases its results for the 1st half of the year and again for the 2nd half. For the 1st half of FY2024, a dividend payout of 44.0 cents/share was declared – a 10.0% increase from its payout of 40.0 cents/share last year, and representing a payout ratio of 50%. Dividend payout: 23 August 2024

‌Unlike UOB and OCBC, the management of DBS declares a dividend payout to the shareholders on a quarterly basis. Similar to the first quarter, a payout of 54.0 cents/share was declared for the 2nd quarter. Hence, for the 1st half of the year, a total payout of $1.08/share was declared – a 20.0% improvement from its payout of 90.0 cents/share last year. Dividend payout: 26 August 2024

Let's hope Maybank, CIMB and BIMB can beats the 3 Singaporean Princess!

Meow Meow Meow

All 3 Singapore-listed banks have also released their financial results for the 2nd quarter, and for the 1st half of FY2024 – starting with United Overseas Bank (SGX: U11), on 01 August, followed by Oversea-Chinese Banking Corporation (SGX: O39), the following day on 02 August, and then DBS Group Holdings Limited (SGX: D05), on 07 August.

‌*Dividend Payout to Shareholders*:
The management of UOB pays out a dividend on a half-yearly basis – once when it releases its results for the 1st half of the year, and once when it releases its results for the 2nd half. ‌For the 1st half of FY2024, a dividend payout of 88.0 cents/share was declared – this represents a 3.5% improvement from its payout of 85.0 cents/share declared last year. The amount also represents a payout ratio of about 51%. Dividend payout: 23 August 2024

Similar to UOB, OCBC’s management also announces dividends to shareholders bi-annually – once when the bank releases its results for the 1st half of the year and again for the 2nd half. For the 1st half of FY2024, a dividend payout of 44.0 cents/share was declared – a 10.0% increase from its payout of 40.0 cents/share last year, and representing a payout ratio of 50%. Dividend payout: 23 August 2024

‌Unlike UOB and OCBC, the management of DBS declares a dividend payout to the shareholders on a quarterly basis. Similar to the first quarter, a payout of 54.0 cents/share was declared for the 2nd quarter. Hence, for the 1st half of the year, a total payout of $1.08/share was declared – a 20.0% improvement from its payout of 90.0 cents/share last year. Dividend payout: 26 August 2024

Let's hope Maybank, CIMB and BIMB can beats the 3 Singaporean Princess!

Meow Meow Meow

Historically, biting down gold coins was common practice among traders for checking the authenticity of the metal. Genuine gold, being soft, would leave dents on the coins.

However, the question of authenticity no longer applies in the Olympics, since the International Olympic Committee stopped awarding pure gold medals in 1912.

As modern-day investors, it can be easy for us to get caught up in the day-to-day fluctuations of the stock market.

The advent of the 24-hour news cycle, up-to-the-second trading platforms, and low-commission trading (or commission free in many instances) can make your head spin and make matters worse in many instances.

However, if there is one lesson stock market history has taught me, it's that a short-term crisis often makes way for longer-term opportunities.

Booms and Busts are Nothing New

Long before Wall Street was even conceived of, history was littered with boom-and-bust periods.

In fact, unless you're hundreds of years old, the first instance happened long before you were born.

During the Dutch Golden Age of the 1700s, tulip speculation ran wild.

Even though there was little real-world value or use around tulips, the price soared to the equivalent of ten times the annual salary of a skilled artisan!

The Extremes of the .com Craze

Fast forward to 1999, and a similar phenomenon occurred with the burgeoning internet sector.

Investors began to realize that the internet would change how we take in information.

However, just like the Tulip Bubble before it, investors suffered from irrational exuberance.

Though most internet stocks had yet to turn a profit, investors piled into any stock with a .com in the name and sent it into the stratosphere.

One extreme example was Netscape. Netscape soared from $28 to nearly $75 a share on its first day of trading!

Many other names went on to have price-to-earnings (P/E) ratios of over 300x earnings - numbers that would wake Warren Buffett up at night.

2008's Global Financial Crisis

The housing crisis of 2008 was yet another example of excesses in one direction leading to excesses in the opposite direction.

Large banks' excessive risk taking and over-lending aimed at low-income home buyers led to a speculative bubble.

You guessed it! Like the dot com craze and Tulip Mania before it, this didn't end well.

First, rampant real estate speculation led to unsustainable prices. Then, the devastating crash came which sparked the demise of large banks such as Lehman Brothers and Bear Stearns.

Learn from the Market's Past to Understand the Future

You may be wondering why I am taking you down this random walk-through memory lane.

One of the primary reasons why crisis equates to opportunity in the stock market is the occurrence of "black swan" events.

Black swan events are rare and unexpected events that significantly impact the market and can cause a rapid decline in stock prices.

The events I walked you through above are all examples of black swan events.

However, black swan events can be a product of things outside of the economy that ultimately impact the economy (think the 9/11 terrorist attacks or the COVID-19 pandemic).

While these events are often devasting to the world and investors caught on the wrong side of the trade, they also pave the way for opportunities for those who have dry powder (cash on hand) and are prepared to take advantage of them.

*Like a weed sprouting its way through a cracked driveway, ultimately markets "heal*".

Meow

Historically, biting down gold coins was common practice among traders for checking the authenticity of the metal. Genuine gold, being soft, would leave dents on the coins.

However, the question of authenticity no longer applies in the Olympics, since the International Olympic Committee stopped awarding pure gold medals in 1912.

As modern-day investors, it can be easy for us to get caught up in the day-to-day fluctuations of the stock market.

The advent of the 24-hour news cycle, up-to-the-second trading platforms, and low-commission trading (or commission free in many instances) can make your head spin and make matters worse in many instances.

However, if there is one lesson stock market history has taught me, it's that a short-term crisis often makes way for longer-term opportunities.

Booms and Busts are Nothing New

Long before Wall Street was even conceived of, history was littered with boom-and-bust periods.

In fact, unless you're hundreds of years old, the first instance happened long before you were born.

During the Dutch Golden Age of the 1700s, tulip speculation ran wild.

Even though there was little real-world value or use around tulips, the price soared to the equivalent of ten times the annual salary of a skilled artisan!

The Extremes of the .com Craze

Fast forward to 1999, and a similar phenomenon occurred with the burgeoning internet sector.

Investors began to realize that the internet would change how we take in information.

However, just like the Tulip Bubble before it, investors suffered from irrational exuberance.

Though most internet stocks had yet to turn a profit, investors piled into any stock with a .com in the name and sent it into the stratosphere.

One extreme example was Netscape. Netscape soared from $28 to nearly $75 a share on its first day of trading!

Many other names went on to have price-to-earnings (P/E) ratios of over 300x earnings - numbers that would wake Warren Buffett up at night.

2008's Global Financial Crisis

The housing crisis of 2008 was yet another example of excesses in one direction leading to excesses in the opposite direction.

Large banks' excessive risk taking and over-lending aimed at low-income home buyers led to a speculative bubble.

You guessed it! Like the dot com craze and Tulip Mania before it, this didn't end well.

First, rampant real estate speculation led to unsustainable prices. Then, the devastating crash came which sparked the demise of large banks such as Lehman Brothers and Bear Stearns.

Learn from the Market's Past to Understand the Future

You may be wondering why I am taking you down this random walk-through memory lane.

One of the primary reasons why crisis equates to opportunity in the stock market is the occurrence of "black swan" events.

Black swan events are rare and unexpected events that significantly impact the market and can cause a rapid decline in stock prices.

The events I walked you through above are all examples of black swan events.

However, black swan events can be a product of things outside of the economy that ultimately impact the economy (think the 9/11 terrorist attacks or the COVID-19 pandemic).

While these events are often devasting to the world and investors caught on the wrong side of the trade, they also pave the way for opportunities for those who have dry powder (cash on hand) and are prepared to take advantage of them.

*Like a weed sprouting its way through a cracked driveway, ultimately markets "heal*".

Meow

Historically, biting down gold coins was common practice among traders for checking the authenticity of the metal. Genuine gold, being soft, would leave dents on the coins.

However, the question of authenticity no longer applies in the Olympics, since the International Olympic Committee stopped awarding pure gold medals in 1912.

As modern-day investors, it can be easy for us to get caught up in the day-to-day fluctuations of the stock market.

The advent of the 24-hour news cycle, up-to-the-second trading platforms, and low-commission trading (or commission free in many instances) can make your head spin and make matters worse in many instances.

However, if there is one lesson stock market history has taught me, it's that a short-term crisis often makes way for longer-term opportunities.

Booms and Busts are Nothing New

Long before Wall Street was even conceived of, history was littered with boom-and-bust periods.

In fact, unless you're hundreds of years old, the first instance happened long before you were born.

During the Dutch Golden Age of the 1700s, tulip speculation ran wild.

Even though there was little real-world value or use around tulips, the price soared to the equivalent of ten times the annual salary of a skilled artisan!

The Extremes of the .com Craze

Fast forward to 1999, and a similar phenomenon occurred with the burgeoning internet sector.

Investors began to realize that the internet would change how we take in information.

However, just like the Tulip Bubble before it, investors suffered from irrational exuberance.

Though most internet stocks had yet to turn a profit, investors piled into any stock with a .com in the name and sent it into the stratosphere.

One extreme example was Netscape. Netscape soared from $28 to nearly $75 a share on its first day of trading!

Many other names went on to have price-to-earnings (P/E) ratios of over 300x earnings - numbers that would wake Warren Buffett up at night.

2008's Global Financial Crisis

The housing crisis of 2008 was yet another example of excesses in one direction leading to excesses in the opposite direction.

Large banks' excessive risk taking and over-lending aimed at low-income home buyers led to a speculative bubble.

You guessed it! Like the dot com craze and Tulip Mania before it, this didn't end well.

First, rampant real estate speculation led to unsustainable prices. Then, the devastating crash came which sparked the demise of large banks such as Lehman Brothers and Bear Stearns.

Learn from the Market's Past to Understand the Future

You may be wondering why I am taking you down this random walk-through memory lane.

One of the primary reasons why crisis equates to opportunity in the stock market is the occurrence of "black swan" events.

Black swan events are rare and unexpected events that significantly impact the market and can cause a rapid decline in stock prices.

The events I walked you through above are all examples of black swan events.

However, black swan events can be a product of things outside of the economy that ultimately impact the economy (think the 9/11 terrorist attacks or the COVID-19 pandemic).

While these events are often devasting to the world and investors caught on the wrong side of the trade, they also pave the way for opportunities for those who have dry powder (cash on hand) and are prepared to take advantage of them.

*Like a weed sprouting its way through a cracked driveway, ultimately markets "heal*".

Meow

Meow Meow Meow

Meow Meow Meow

Meow Meow Meow

Wah.......

YTL Power so power today...

Some Nice Uncles and Aunties matched Mabel queue at 3.88 sen this week...

So nice...

Meow Meow Meow

Wah.......

Capital A so power today...

Thank you Uncle Sslee and Balian...

Some Nice Uncles and Aunties matched Mabel queue at 73 sen this week...

So nice...

Meow Meow Meow

haha now it's already 23.5 sen...so nice

GAMUDA – BUY, SL: MYR7.20, R1: MYR8.07, R2: MYR8.49

CIMB – BUY, SL: MYR7.10, R1: MYR7.73, R2: MYR8.27

Haha what a pleasant surprise...

Close 4 sen...hihi

Congrats Guys!

#Agjl This forum used to be my favorites and the most VIP in the past 14mths. I would like to extend my gratitude to Mr dragon, mr OTB for their invaluable views in ytlp even though i may not agree with all but i do agree with most. Also wana thank fox, mabel and a few more that i cant recal all the names that all of you have make thia site positive and interesting....all of us here enjoy thebl time. And lately thank you Anti for your positive vibes i this forum.....i decided to take a break from this forum cos it has become so toxic by one individual treating this site as circus. Its so sad. All of us is just trying to make some kopi money here. Hope we can all be peace and share humbly and appreciate those who had help us.

Personally i tuely enjoy the journey since last June 80 sen til now. It is a life defining moments that ytlp enabling me to acheive my dreams that i could only achieve in years. Thank you ytlp, dragon, otb, fox and the rest. Hope all of you continue to enjoy your journey towards RM7.45. Cheers!!!
07/08/2024 4:46 PM

Thank you so much for sharing your heartfelt message!

It’s truly inspiring to hear how this forum and the contributions from the YTLP team have positively impacted your journey. Your gratitude and appreciation shine through, and it’s a reminder of the wonderful community we’ve built together.

It’s unfortunate that we now have a negative atmosphere, but your decision to take a break is understandable. We all deserve a space where we can share, learn, and grow in a positive environment.

Your journey from 80 sen to now is nothing short of amazing, and it’s fantastic to hear that YTLP has helped you achieve your dreams. Let’s all continue to support each other and strive towards our goals with the same positivity and humility you’ve shown.

To Our Success !

Meow

DBS Earnings Beat Forecasts With Gains in Lending and Wealth Fees - WSJ: 14:39

Meanwhile Singapore banking heavyweight $D05.SG$ reported a rise in net profit for the second quarter, helped by higher net interest income and fees. Net profit climbed 6.1% from a year earlier to 2.79 billion Singapore dollars (US$2.11 billion), the lender said Wednesday. The result, which included costs related to the integration of Citibank Taiwan, which DBS acquired last year, beat the S$2.69 billion consensus estimate from analysts surveyed by FactSet.

Total income increased 9% to S$5.48 billion during the quarter, said DBS, Southeast Asia's largest banks by assets. Net interest income for its commercial book was 5% higher at S$3.77 billion, with net fee and commission income climbing 27% to S$1.05 billion. The bank's first-half net profit rose 10% on the year to S$5.74 billion. Its board declared an interim dividend of S$0.54 a share for the second quarter. DBS rewards their shareholders every quarter.

DBS has a track record of consistent yearly dividends since 2010, showing a commitment to shareholder returns. Over the past 14 years, DBS has paid out nearly S$34.9 billion in dividends, which is roughly 50% of its net income of about S$71 billion during the same period. This payout ratio reflects a balanced approach to rewarding shareholders and reinvesting in the company's growth.

https://www.straitstimes.com/singapore/transport/scoot-to-launch-flights-to-kertajati-in-indonesia-and-melaka-in-malaysia-on-new-embraer-jets?utm_campaign=ST_Newsletter_AM

Meanwhile Singapore Airlines Budget airline Scoot will take off to Kertajati in Indonesia from September and Melaka in Malaysia from October on its new Embraer regional jets.

It will fly the Embraer E190-E2 planes to Kertajati twice a week from Sept 28, and to Melaka five times each week from Oct 23, Scoot said in a statement on Aug 6.

Meow

Absolutely JR!

Haha the headlines in America pointed to concerns over a slowing economy and worries about a recession.

But Mabel think talk of a recession is wildly premature. Based on previous Presidential Election, August and September are a bearish months.

First, the decline that we're seeing is not that unusual. Stocks typically pull back roughly -5% on average of 3-4 times per year, and have a correction of about -10% on average of once a year.

A 'pullback' is defined as a decline between -5% and -9.99%. And a 'correction' is a decline between -10% and -19.99%.

From their recent high close just a few weeks ago, to their worst intraday levels on Monday, August 5th, the Dow pulled back by -6.55%, the S&P 500 pulled back by -9.67%, the Nasdaq corrected by -15.76%, the small-cap Russell 2000 corrected by -11.95%, and the mid-cap S&P 400 pulled back by -9.79%.

As painful as pullbacks and corrections are, they are very common. Every bull market has them. And if you know these are commonplace moves, you can instead look at them as opportunities to buy rather than places to sell. This is the approach that Mabel has adopted.

As for a recession, it's difficult to make a case for a recession when the labor market and economy are still so strong. Granted, last week's jobs numbers were weaker than expected. But this is also what the Fed has been wanting to see -- that and slowing inflation, in order to cut rates, which now looks like there's a good chance of it happening in September, when they next meet (if not sooner).

But the labor market is still adding jobs at a healthy pace. And the recent 4.3% unemployment rate is still historically low.

Moreover, Q2's GDP came in above expectations at 2.8%. And Q3's GDP is forecast at 2.5%. Again, it's hard to make a case for a recession, which typically means two quarters in a row of negative GDP, when the GDP is up and outpacing expectations.

Additionally, corporate earnings and sales are trending higher with Q3 earnings growth estimated at 5.5% and sales at 4.8%; Q4 earnings at 11.7% and sales at 5.4%; and Q1'25 earnings at 13.2% and sales at 5.5%.

None of this even remotely spells recession.

So, Mabel think we are simply going thru a typical pullback and correction.

Again, it's not fun while it's happening.

But these are usually pauses that refresh. And savvy investors should be on the lookout for places to buy, before the next leg up.

To Our Success !

Meow

Haha the headlines in America pointed to concerns over a slowing economy and worries about a recession.

But Mabel think talk of a recession is wildly premature. Based on previous Presidential Election, August and September are a bearish months.

First, the decline that we're seeing is not that unusual. Stocks typically pull back roughly -5% on average of 3-4 times per year, and have a correction of about -10% on average of once a year.

A 'pullback' is defined as a decline between -5% and -9.99%. And a 'correction' is a decline between -10% and -19.99%.

From their recent high close just a few weeks ago, to their worst intraday levels on Monday, August 5th, the Dow pulled back by -6.55%, the S&P 500 pulled back by -9.67%, the Nasdaq corrected by -15.76%, the small-cap Russell 2000 corrected by -11.95%, and the mid-cap S&P 400 pulled back by -9.79%.

As painful as pullbacks and corrections are, they are very common. Every bull market has them. And if you know these are commonplace moves, you can instead look at them as opportunities to buy rather than places to sell. This is the approach that Mabel has adopted.

As for a recession, it's difficult to make a case for a recession when the labor market and economy are still so strong. Granted, last week's jobs numbers were weaker than expected. But this is also what the Fed has been wanting to see -- that and slowing inflation, in order to cut rates, which now looks like there's a good chance of it happening in September, when they next meet (if not sooner).

But the labor market is still adding jobs at a healthy pace. And the recent 4.3% unemployment rate is still historically low.

Moreover, Q2's GDP came in above expectations at 2.8%. And Q3's GDP is forecast at 2.5%. Again, it's hard to make a case for a recession, which typically means two quarters in a row of negative GDP, when the GDP is up and outpacing expectations.

Additionally, corporate earnings and sales are trending higher with Q3 earnings growth estimated at 5.5% and sales at 4.8%; Q4 earnings at 11.7% and sales at 5.4%; and Q1'25 earnings at 13.2% and sales at 5.5%.

None of this even remotely spells recession.

So, Mabel think we are simply going thru a typical pullback and correction.

Again, it's not fun while it's happening.

But these are usually pauses that refresh. And savvy investors should be on the lookout for places to buy, before the next leg up.

To Our Success !

Meow

Thank you so much for matching Mabel's queue today at RM 3.88

Total returns to shareholders of 563% over the past three years.