Quarterly revenue is highest ever and price down 60%? Is this justifiable? Compare to others which loss making and price still holding even some going up due to Data Center momentum, this company should at least recover to 70 - 80 cents range.

You are missing out the opportunity of the year if not buying today!!

Double bottom formed in 15mins chart!! Will go up further tomorrow at least 0.50. Once in lifetime opportunity due to director margin issue

It is a no-brainer for investors to start collecting MYEG considering the potential substantial amount of revenue and profit that MYEG will generate from Ztrade. Not only Ztrade is considered as ESG initiative for companies that moving to this platform, its usage of Web 3 platform and Zetrix coins will ensure it is future proof and adaptable to many countries that want to upgrade their trading documentation to more efficient and transparent.

MYEG will be multi bagger stocks that have the same traits as YTL where it is serving future needs TODAY!!

"The enhancement will make ZTrade, the first-of-its-kind platform that provides verification and exchange of digitised trade documents on the Zetrix blockchain platform, a truly two-way cross-border facilitation service for trades with China."

Please read the above statement again and again from the announcement. MYEG is the first company provides verification and exchange of digitised trade documents. Getting trust and being the provider of trade documents services by both Malaysia and China governments is not easy. In fact it is very difficult to develop and convince both governments to use Ztrade, a Web 3 platform as pioneer to ease the process and make it more transparent and automation.

China has been Malaysia's largest trading partner since 2009, with total trade last year reaching 450.84 billion ringgit ($98.90bn). On top of that ASEAN's trade in goods with China more than doubled, reaching $722 billion in 2022 and accounting for nearly one-fifth of ASEAN's global trade. China's investment flows into ASEAN also saw a substantial rise, reaching $15.4 billion in 2022. This growth underscores China's expanding regional influence.

MYEG have started the Ztrade trade facilitation services starting 27 June 2024 and will expand its services to Indonesia by end of 2024. Next year it will open up its services to Philipines and other ASEAN countries.

Anyone missing the boat to top up below 80 cents back in Mar 2024, here is the chance for you to join the rally that will push MYEG to at least 1.50 - 2.00!! I believe that MYEG is at the early stage of multi-bagger stock...huge accumulation by investors in 98 - 1.05 price. The potential to expand its Ztrade services beyond ASEAN countries also makes MYEG can increase its revenues consistently for years to come.

What a pleasant surprise, after 2 weeks MYEG announced the activation of its blockchain-based cross-border trade facilitation services for clearance processing for trades going into China (exporters from Malaysia), today MYEG announced they also managed to expand its scope of coverage to encompass the digital verification of Certificates of Origin (COOs) issued by the General Administration of Customs of the People’s Republic of China (GACC) (exporters from China).

This means MYEG have expanded their services both ways, for exporters of both Malaysia and China by enabling Two-Way Cross Border Digitised Trade Documentation.

The potential of Ztrade and Zetrix is getting more huge with the activation of blockchain-based cross-border trade facilitation services for both side. It is very2 difficult, I repeat again, very2 difficult to penetrate and be part of the process with China custom clearance system. On top of that, MYEG also can process for China exporters. Imagine how big ASEAN countries market that do trading with China. This Ztrade is not additional cost to trading companies, instead it will be more cost saving and efficient for trading companies to use Ztrade in comparison to existing custom clearance process. Exporters will benefit the green-lane access for faster trade processing and clearance.

ZTrade Expands Service to Enable Two-Way Cross Border Digitised Trade Documentation

Onboarding of Pioneer Users Now Actively Underway

Petaling Jaya, 12 July 2024 – ZTrade, a Web 3 platform that facilitates the cross-border trading of goods with China, is expanding its scope of coverage to encompass the digital verification of Certificates of Origin (COOs) issued by the General Administration of Customs of the People’s Republic of China (GACC).

The enhancement will make ZTrade, the first-of-its-kind platform that provides verification and exchange of digitised trade documents on the Zetrix blockchain platform, a truly two-way cross-border facilitation service for trades with China.

This significant milestone comes just two weeks after MY E.G. Services Bhd (MYEG), the developer of Zetrix and related Web 3 applications including ZTrade, announced that the connectivity deployment of the service had been completed and live connectivity to GACC’s Single Window Platform has since been enabled.

With the recent activation of ZTrade, key trade documents related to outbound exports from Malaysia submitted digitally through the platform would be officially recognised by the GACC, paving the way for users to enjoy green-lane access for faster trade processing and clearance.

These documents include COOs issued by the Ministry of Investment, Trade and Industry of Malaysia and Phytosanitary Certificate and other product certificates issued by the Ministry of Agriculture and Food Security of Malaysia.

As a testament of ZTrade’s important role in easing and expediting cross-border trading, MYEG has now received notification from GACC via its wholly-owned agency East Logistic-Link Co., Ltd to expand ZTrade’s scope to include verification of COOs issued by GACC. These COOs are issued in the form of Verifiable Credentials on the Zetrix Layer-1 blockchain.

This service can be utilised by authorities from countries importing from China to expedite customs clearance as there will no longer be any need for manual document verification. In addition, companies providing trade facilitation services, like shipping companies and trade financing institutions, can also leverage on the system and enable smart contracts that execute to automate trade processes and transactions.

Since the launch of ZTrade, the onboarding of users, namely freight forwarders and
exporters, onto the platform have been actively ongoing. More information on ZTrade is
available at https://ztrade.ztradefi.com/

https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=148910&name=EA_GA_ATTACHMENTS

MYEG is at the early stage of multi-bagger stock...huge accumulation by investors in 98 - 1.05 price. The potential of Ztrade and Zetrix is huge with the activation of blockchain-based cross-border trade facilitation services. It is very2 difficult, I repeat very2 difficult to penetrate and be part of the process with China custom clearance system. Imagine how big ASEAN countries market that do trading with China. This Ztrade is not additional cost to trading companies, instead it will be more cost saving and efficient for trading companies to use Ztrade in comparison to existing custom clearance process.

MyEG Services Bhd (KL:MYEG) announced the activation of its blockchain-based cross-border trade facilitation services after it has secured recognition of certificates from relevant authorities. This service, known as ZTrade services, operates on MyEG’s blockchain platform, Zetrix. It enables all data in these certificates to be available accurately in near real-time, increasing tariff computation and customs clearance efficiency. Exporters using the service will benefit from faster and more convenient clearance processing for trades going into China. MyEG activates block-chain based cross-border trade facilitation services for exporters

Following the signing of the 'Joint Statement of the Ministry of Finance of Malaysia and GACC on Single Window Cooperation in Cross-Border Trade' on 19 June 2024, the Company received notification letters dated 27 June 2024 from EL, on the connectivity deployment with ZTrade services for the following cross-border trade facilitation services:

Recognition of Certificate of Origin issued by the Ministry of Investment, Trade and Industry of Malaysia and GACC; and
Recognition of Phytosanitary Certificate and other product certificates issued by the Ministry of Agriculture and Food Security of Malaysia and GACC.
Accordingly, with the completion of this deployment, live connectivity of the ZTrade services to GACC’s Single Window platform is now enabled. Please refer to https://ztrade.ztradefi.com/ for more details.

Above connectivity deployment announcement is major catalyst for MYEG after years of development and R&D to commercialize the usage of Zetrix. Finally companies can start register and using the Ztrade starting with Malaysia companies and will be opening to Indonesia and other countries within this and next year. to This will be major contribution to MYEG in coming quarters result.

Anyone missing the boat to top up below 80cents back in Mar 2023, here is the chance for you to join the rally that will push MYEG to at least 1.50 - 2.00!!

@laulau why you keep promoting Asiaply even though it is loss making company?? Out of 12 quarters, only 3 quarter profitable since last 3 years. If want to promote, please give company that have same potential or better than MYEG!!

WINDING UP / RECEIVER & MANAGER / RESTRAINING ORDER / SPECIAL ADMINISTRATOR
Description ASIA POLY HOLDINGS BERHAD ("ASIAPOLY" OR "THE COMPANY")
WINDING-UP PETITION SERVED ON ASIA POLY BIO GAS SDN. BHD., AN INDIRECT SUBSIDIARY OF THE COMPANY PURSUANT TO SECTION 465(1)(e) AND 466(1)(a) OF THE COMPANIES ACT 2016

Yea, newbies please believe in technical chart, the right timing to enter is now if you follow promoter2 who want to unload these worthless stocks to you. If you follow their guidance, today drop another 0.005sen or 6.67%....very nice

So many other potential stock gamblers can play but still many gung ho here to bring in newbies so that old gamblers who stuck at above 10 sen can unload. Better wake up all instead stuck in dying company

Our subsidiary, PLS Plantations Berhad (“PLS”), is in a transition phase from its core business in
traditional oil palm plantation to the broader agrofood industry. PLS’s transformation journey from
the cyclical oil palm plantation to a more diversified range of upstream and downstream activities
will require a longer gestation period. In particular, the gestation period for the durian trees is
about 4 to 5 years and thus, the bulk of our durian revenues are now mainly from trading activities.
In the near term, PLS will continue its current rehabilitation and sanitation works with emphasis
on recommended plantation practices to improve the production yield of its oil palm estates,
matured durian plantation and contract farm. In addition, PLS will continue to work closely with
its current and prospective business associates to improve the retail offtake rate of downstream
durian products by offshore wholesalers and end consumers. Concurrently, upstream investment
in durian plantation will continue to be a mainstay of PLS to complement its existing downstream
business while waiting for PLS’s durian farm to be matured and fruitful in 3 to 4 years.
This is in line with the long-term group strategy to expand and diversified into other businesses
to reduce dependency and reliance on our existing businesses in construction and property
development.

The Group has finalised the financial
requirement and the authorities’ submission, and planned to launch the upcoming new property
development, EkoTitiwangsa by the next quarter. As for the construction segment, the Board
expects that the on-going rationalisation of the construction scope under the RTS Link project will
contribute positively to the Group’s future construction revenue and earnings. In addition, the
Group is continuously working closely with Government on various infrastructure projects.

For the current reporting quarter, the Group reported a higher revenue as compared to the
immediate preceding quarter mainly due to higher contribution from the construction segment on
SPE Highway project. The net profit after tax has decreased from RM2.643 million to a loss of
RM50.831 million mainly due to the increased recognition of finance cost and deferred tax
liabilities from the toll operations’ segment as compared to immediate preceding quarter. With the
full opening of the SPE Highway on 3 November 2023, the financing costs incurred will be fully
expense off in the financial statements as compared to immediate preceding quarter where the
interest incurred was capitalised.

The Group had also experienced steady increase in toll revenue for Duke Phase-1 and Phase-2
upon the upliftment of the MCO since October 2021, and with the full opening of the SPE on
3 November 2023 will further improve the toll collection revenue under this operating segment,
notwithstanding that financing costs for SPE will no longer be capitalised in the financial
statements once the full opening of SPE.

Realrich, if you don't want to be fooled by operator, why you are foolishly selling at break even 0.77?? Now already 0.795

Realrich why you dont walk what you talk? Yesterday you said don't sell don't buy. Today you already sold at breakeven? What kind of investor are you holding just to get break even??

if above comments from Tok Mat, the Minister of Defence himselft is also not consider a leaked info already or concrete evidence Boustead in process to sell Bplant, I gave up to convince all the naysayers here

And best of all response from Tok Mat;
“The important thing is to look at our assets. There are assets such as those of ‘planting trees on a gold mine’, so we have to unlock that because this is the process for adding value,” he added.

Most important comments by Tok Mat. Bplant land is the gold mine many other plantation or YTL that have been waiting for years!!!

“There is no point in retaining business if you are going to lose money. It doesn’t mean that the privatisation of Boustead [Holdings Bhd], that’s the end of it. We want to re-position ourselves.

No denying when question selling BPlant.....more clues to what will happen to Bplant

Asked if the restructuring would involve divesting Boustead Plantation Bhd or Boustead Petroleum Marketing Sdn Bhd (BHPetrol), Mohamad Hasan said “in business, what is important is that we make money; we do business to get returns”.

LTAT on the way to become fund manager instead of actively managed companies. Less headache and more flexible to invest in oversea market like EPF

https://theedgemalaysia.com/node/674664

Please read the above carefully and make out your judgement on potential of what LTAT want to do with BPlant

https://www.nst.com.my/business/2023/05/910546/ltat-firmly-track-privatise-boustead-now-owns-over-90pct-stake

"The completion of the privatisation exercise will allow LTAT to accelerate the turnaround of Boustead, as part of its larger goal to rebalance its investment portfolio and ensure the funds longterm sustainability.

"The turnaround will entail the restructuring of the group, rationalisation of its debt obligations and implementation of value creation activities," he added.

Boustead value at only 2 companies Bplant and Affin already more than 85.5 cents. Not yet including other companies and its privately held land, business and other asset.

LTAT already took advantage of Boustead by taking it private at a suppressed price of only 85.5 cents. In comparison to the last 10 years price (2013), the share was trading at RM5.20. Any main shareholder will want to take advantage of its company when it is at the lowest price range when market don't value the company at the intrinsic value. If market price the share as penny stock while its NTA more than double the price, might as well main shareholder take it private to take full advantage of the company value

https://www.klsescreener.com/v2/stocks/chart/2771

I think insider news already spread out that Boustead going to sell Bplant land or take it private after increasing its stake in Bplant by fully owning Boustead. LTAT might go to fully fund management route like PNB and KWSP instead of managing company which they over many years shown have failed miserably.

The government already fully took over Boustead Naval Shipyard which builds all the Littoral Combat Ship (LCS). Bplant with its immense land tressure will be capitalised by LTAT to reduce its debt and invest in other companies in Malaysia and foreign market just like KWSP

https://www.nst.com.my/news/nation/2023/05/913626/lcs-project-govt-begin-process-taking-over-boustead-naval-shipyard

Newspaper report only report 1 side of story, sometimes you need to do your own research on why this is happening. I just need to do 20 mins google search and come out with this conclusion.

4 out of 5 BPlant chairman and directors that resign are UMNO members. This is the cleansing that the current Unity Government trying to do to by removing political appointees and replaced with capable and qualified GLC directors. This is very2 good news for BPlant moving forward and other GLCs.

Bertanding buat pertama kali di kerusi Dewan Undangan Negeri Juasseh yang merupakan kubu kuat Barisan Nasional pada Pilihan Raya Umum Ke-14 memberi laluan mudah kepada Datuk Ismail Lasim.

Datuk Indera Mustaffar Kamal Ab Hamid merupakan calon Barisan Nasional mewakili Parti UMNO bertanding kerusi Dewan Undangan Negeri (DUN) N12 Beserah, Pahang pada Pilihan Raya Umum (PRU) Ke-15.

Datuk Din Adam adalah calon Barisan Nasional (BN) bagi Parlimen Dungun pada Pilihan Raya Umum (PRU) Ke-14.
Beliau menyadang jawatan Ketua Umno Bahagian Dungun.

Mohd Azahar Ibrahim pernah memegang jawatan Bendahari Pemuda UMNO Bahagian Labis (2004-2008) serta Ketua UMNO Cawangan Kampung Paya Merah, Labis.

"Hibiscus Petroleum Bhd* has proposed to undertake a RM800 million capital reduction to eliminate RM690.6 million in accumulated losses as of June 30, 2022. The exercise entails a reduction of the issued share capital of Hibiscus via the cancellation of the company's paid-up capital of RM966.01 million. Less the estimated expenses for the exercise of RM880,000, the remaining RM108.53 million will be credited to the retained earnings of the company, which will be used to facilitate a proposed share buy-back."

Can anyone explain what is the exercise above all about? What does it means to eliminate RM690.6 million in accumulated losses as of June 30, 2022?

https://www.theedgemarkets.com/article/boustead-plantations-subsidiary-ventures-sustainable-technologydriven-commercial-crop-market

KUALA LUMPUR (Aug 10): Boustead Plantations Bhd’s (BPB) subsidiary Boustead Agro Plantations Sdn Bhd has signed a document of understanding (DOU) — with Pertubuhan Peladang Kawasan Kuala Langat (PPKKL) — to venture into the sustainable and technology-driven commercial crop market.

In a statement on Wednesday (Aug 10), it said the DOU establishes the cooperation between the two parties in initiating and developing a commercial crop project, namely for chilli and ginger, via a turnkey basis, with the utilisation of a smart fertigation system and smart farming Internet of Things.

Should we go out 1st? Been dropping a lot since peak on 25 Apr 2022.....price keep dropping down even after Bplant announced record profit!!!

Unbelievable... Top Glove with 15mil profit can go up but 435mil profit BPlant can go down 5%!!!

https://www.theedgemarkets.com/article/fgv-returns-black-1q-higher-margin-palm-products

Even with LLA fair value adjustment, the nett profit is one of the highest since listing in 2012.

With PE 4.3 only, FGV will moves pass 1.75 after 2.30pm... don't miss out the opportunity of CPO bull market

FGV Registered Profit Before Tax (PBT) of RM501 million in 1Q FY2022
KUALA LUMPUR, 31 May 2022 – FGV Holdings Berhad (FGV) posted a profit before tax
(PBT) at RM501 million in its first quarter ended 31 March 2022, a significant improvement
compared to RM15 million last year. This is mainly contributed by higher margin of palm
products, downstream, fertilisers and logistic business.

https://www.klsescreener.com/v2/financial-reports/view/715035

I thought I bought at lowest price drop at 80 cents just end of Mar 22 and now already drop almost 50%!!! No bad news, no announcement how come drop too much? How about investor bought above my price last year??

When this sifu give advise to sell all plantation stock when CPO too high on 31 Oct 2021, he did not know or rather don't spend time to understand that underlying environment at that time will support CPO price.

Fast forward to today, he is changing his tune to buy plantation stock because CPO price is at elevated 7k. And yet his choice of company is as bad as his skill of prediction, TDM.

Maybe his should change to disciple instead of sifu for him to make money in stock market

The life cycle of goreng stocks with many gamblers in the forum hoping to make fast money. In the end losing money with losing company

Pi Mai Pi Mai Tang Tu jugak.....From 0.20 in 2019 back to 0.20 in 2022

The life cycle of goreng stocks with many gamblers in the forum hoping to make fast money. In the end losing money with losing company

Why there are still investors still putting hopes/gamble on this losing company? Revenue keep going lower and lower and margin also really low?? I also joined the euphoria to goreng this stocks when tech stock company jumping non stop last year. However I forgot this is not tech stock!!! I sold all losing 12k @ 38 cents. After that I have changed to fundamental stocks and currently on paper profit have recover all that loss.
If I kept putting hopes on this company, I will more money on my investment!!!

So many valuable stocks you all can choose from and yet want to gamble on this shitty stock. Unbelievable on how investors thinking making quick bucks on these losing stock.

O&G, Plantation, banking, construction still got potential to move up. CPO and Brent crude oil at all time high/7 years high. Wake up guys!!!

For speculators please chase this decresing revenue company to get losing result.
For value investor, please invest in cyclical stock like palm oil plantation, O&G or maybe got chance STEEL.

I have lost 12k in JCY last year (down 30%) and relocate to O&G and Palm oil which already up 90% (XXXk) this year

I'm so sorry, I forgot to mention "Congratulation to all investor here....this is the 3rd lowest nett profit quarter for FAST since 2012!!!

For speculators please chase this FAST growing revenue company to get FAST result.
For value investor, please invest in cyclical stock like palm oil plantation, O&G or maybe got chance STEEL.

I have lost 47k in FAST last year (down 40%) and relocate to O&G and Palm oil which already up 90% (XXXk) this year

Congratulation to all investors here....this is the 2nd highest revenue quarter for KANGER since 2012!!!

Congratulation to all investor here....this is the 2nd highest revenue quarter for FAST since 2012!!!

Fortunately I have sold all JAKS share today with total loss 26k...very sad because following many taiko promoting this stock...shifting shooting star Palm Oil stocks. Hope can recover back. Good luck to others who still stay here

Hoot9Yee....wait until the share bounce back in 2030...latest quarter result will propel this company to next level!!

So many other companies making big and stable profit, why choosing goreng stock?? Pump and dump 2 cycle since 2020