Ahmad Nazim prior to his LTAT appointment was working in Singapore {since 2018} after leaving MARA in the island highly and competitive investment banking field. He was a Fulbright US scholar and comes with the right experience & International exposure. LTAT Board biggest single investment is the Boustead Group. Pressure & expectations is on him to deliver result { after LTAT /Boustead} dismal result for the past 3-4 years

US { Biden} extended the use of E15 { Biofuel } from June till September { Peak Summer } for ethanol blended bio fuel previously prohibited during the summer season. This was announced by Biden to lower the driving cost { fuel charges} corn farmers are the main beneficiary in the ethanol biofuel industry { indirectly driving additional demand for grains} this is positive for palm oil

Recent changes made at the Board & management level can revitalise the Bstead group. This giant congolemerate is like a sleeping giant { that holds deep value & valuables } that need to be unlocked.

Not really advisable to use only the recent qtr result earnings. It can be one off extra ordinary gains. Better used the company past dividend ratio vs management guidance or dividend policy. Last but not the least the company planted acreage and the location of their estates. Plantation land in the right growth area is a golden source of opportunity.

Bplant price trend has just started the uptrend. No sound minded fund's manager would sell short based on current pricing. Recent coverage of EPF selling in MARCH on certain KLSE counters was explained by their CEO. That EPF was mindful of the fund's net cash position { due to PM announcement on allowing members to withdraw additional $10,000 from their accounts} EPF investment board {CIO } and Treasury had to sell off certain local stocks and overseas holdings to standby for the members making additional withdrawal. They are not short selling. EPF has explained in details certain counters are hold for their dividend{s} pay out, certain counters as future growth stock and last but not the least certain counter are for trading. Their investment portfolio approach is govern by the Board internal SOP. External fund houses are also appointed by EPF to manage certain percentage of the shares local and foreign portfolio. EPF is the biggest institution fund in our local market. Their investment is for long term. Looking at growth, dividend and capital appreciation.

Tough question on B20 usage vs impact on palm oil stock ratio. Prior to 2018-2019. { Indonesia started the ball rolling on blended fuel} Dorab Mistry and James Fry call it the game changer. James Fry estimated Indonesia supply of cpo will be curtail by 500,000 tonnes { est } Malaysia was a non starter in the blended bio fuel game { due to our government fuel subsidy} Indonesia has progress to B30 from the intial B10 program. The Indonesia Estate fund initiated was to subside & expedite the blended fuel program. The aim is to stabilise cpo prices and earmark part of the oil production as a alternate fuel instead solely 100% as a food crop. Indonesia { Jokowi} also emphasise the need to preserve Indonesia foreign outflow of the country foreign exchange reserve. Indonesia is a net importer of mineral oil

Teck guan is not a pure plantation play. More on cocoa plus fertiliser trading.

Always good to lock in profitable trades. Paper gains vs actual realized gain is entirely different. Your risk appetite is the key

Digital bank seen as an alternative to the traditional brick & motar banking to the public. Maybe not able to accept or offer term FD, BA, LC, Guarantee or cheque writing facilities

It's going to be a long drawn out war between Ukraine and Russia unless one party accepts defeat or agreed to the Russia demands.

Rubber glove producers and plantations is completely different and operate in different segments. To start up a Plantation Operations you need to have a large reserve of greenfield or brownfield land. The gestation period for oil palm plants to mature and harvested { excluding building housing, irrigation, water reserve ponds, nursery and millings facilities} needs a period of 4 years. Whereas for a glove factory { all you need is to rent a piece of factory land, buy the dipping glove & packaging machinery} In China they can start up a glove factory within a 4-6 months time frame. China is one of the rubber glove line producer and machinery manufacturer. Whereas for Oil palm estates they can't start and replicate the exact operating & weather enviroment. 85%of the global palm oil production comes from Indonesia and Malaysia region. TG, Harta, Supermax & Kossan was the leading glove manufacturer prior to pandemic outbreak. The past 2 years we have seen the numbers of manufacturers quadraple 4times riding on the glove waves. Against palm oil limited growth in new plantings. China, US, Thailand, Vietnam and Singapore have seen witness a big increase in glove capacity and players { leading to sharp drop in average selling price and new players undercutting prices} For palm oil and other soft oils { eg SBO, rapeseed oil, canola, corn} the spike in demand and generated a boom in commodities due to adverse weather, war, disruption in supply and plantings. Most critical & important palm oil is a food crop and also can be used a blended biofuel { B20 or B30}.

KYY is a shrewd investor. What he said may not necessarily reflect his own true investment portfolio. Why must he reveal his actual interest to you?

What Calvin mentioned is surprising true. Nobody wants to talk about rival SBO price is now trading at a premium betw USD 260-300 per tonne over Malaysia/Indonesia CPO. Instead certain parties citing high palm oil prices may.... and cause demand destruction. They have not cited other soft oils eg. Rapeseed oil, sunflower, canola oils & SBO is now all at high prices. Adverse weather has disrupted the plantngs of canola & soya bean crops. US farmers in the mid west have switch from soybean to wheat. Our media is biased in their palm oil reports { eg US seizing the 2 cargoes of shipped palm products} even now the US have not named or mentioned the company that shipped the cargo. Hopefully the new Plantation Minister can do more to address the one side reporting used by the western media. It's trade, economic & political interest to run down palm and maintain the eroding influence of soya. Unfortunately our media is siding with the Western backed NGO. Not a single NGO has blamed US cattle farming for its contribution on the green House effects instead blaming on palm.

MQ technical showing positive buy signals

March physical at MYR 6,700 per tonne. May FCPO position at MYR 6,300 per tonne. Brent Crude at USD 119 per barrel. Rival SBO oil at USD 1,985 per tonne {Rotterdam price} premium app at USD 260 - 280 over Malaysia /Indonesia CPO.

SWK plantations was incorporated in 1997 to take over the assets of SLDB { a Sarawak state govt initiative to spearhead the development of NCR lands and transformation of agricultural policy. The Sarawak State Financial Office holds app 35% with Ta Ann holding 30% and other state link corporations 5%. The BOD {consist of 7 members } which is quite small compared to other listed PLC. With the State government backing and the private initiative driven by Datuk Wong {Ta Ann} performance is at par with other listed plantation arms. Not a buy call but just sharing

Political parties are gearing up for a snap GE 15 election {dissolution of Parliament announcement} BN - UMNO win can be a feel good factor for the stock market. MOU signed between PH and ISMAIL end in June

KNM need to announce something substantial to move. A few million project will not have any impact for a PLC { my personal view }

After recent market correction. Palm is now trading at a discount vs SBO price { Rotterdam} SBO is price at US 1,990 vs US 1850 { Indonesia CPO} and US 1815 { Malaysia CPO} as at yesterday evening. Prices quoted CPO FOB Indonesia & Malaysia. Rotterdam SBO is on Ex mill basis

IPO staff{s} portion finance by the bankers. Very common for the IPO listings. Upon listing either you sell part of your entitlement allotment. Or continued paying the share financing. With Raya round the corner it makes sense for the factory hands to cash out part of the IPO profit

Part of the sold volume & quantity sold in the past 2 to 3 days {I believed} is the staff{s} IPO share allocations.

Bplant is a good dividend stock { good or bad times} their parent holdings Bstead { LTAT} needs the cash flow for their member's funds

PNB is a core investor. Next on board will be strings of institutional investor

Asked and learn what's the company product line. Technology stocks can be split into products upstream and downstream { same as plantations and O&G} counters} is it a niche player or just a plain HDD manufacturing plant

Yes. Health is also parameter for wealth. As we aged we need to Stay healthy & safe. Cheers friends

Syed Zainal is building a Dnex conglomerate for the past 2 years since his Dne
appointment to the Board.
congolemerate. He rope in CGP fund to facilitate the Silterra take-over. Next he convince Foxconn to take up a stake in DNex. Stopped the sale of Ping petroleum at the most appropriate time and indirectly enhanced DNex valuation. He is building big plans for DNex. Just wait for the forthcoming news announcement.

Fertilisers cannot be applied during the rainy period { planter's avoid & prefer not to waste the applications } Inddition fertiliser program can be halted temp for 10 - 12 months { due to unavoidable issue} without any significant impact on the trees. Smallholders are known to withhold their fertilisers for a period of more than 12- 18 months on their palms periodically { palm trees are hardly} they need only watering and sunlight { of course the fruits may be smaller} resulting in lower extractions. I have know smaller estates using loca chicken manure to replace straight fertilisers. Chicken manure is rich in NPK. Nitrogen, Phosphorus & Potassium. This is what the oil palm requires. Only drawback is workers manuring and smelly applications. Just to share my 2 sen view

Both agronomist and a planter have their own different interpretation & perspectives on field fertilisers program. If you applied straight fertilisers application you need to do 4-6 rounds. If compound fertilisers application you need to do 2 rounds per year. If mixture is applied then perhaps 3-4 rounds. The difference is pricing between straight, mixture and compound. Last and not the least the soil conditions and the tree sampling before a planter will applied the program. As a general thumb of rule. Most estates will tender out and source their fertiliser requirements 2.months before the new calender year { except for the companies that have their own in house fertilisers and chemical division} and locked in the price for the whole year or at least 1/2year going forward. Every planter need knows the cost of production. During the last 2 years { covid pandemic, harvester issue and heavy rains} have resulted the fertilisers program delayed and carried forward into the next calender year. Knowing fertiliser prices is on the uptrend. Experienced planter would have tender extra or excess quantity for the current requirement. The risk of the higher cost & higher pricing is bear by the fertiliser company. I am not an expert or an agromist but just an ordinary layman

Thomas Mielke { Oil world } POC KL conference told attendees. Adverse weather conditions has disrupted Soybean & rapeseed oil production in South America & Canada. Ukraine troubles spell disaster for sunflower oil & wheat. High energy & edible oil prices { palm oil} to stay

Biden hands are tied and push to a corner. Iranian oil vs nuclear talks are skidded. Venezuela negotiations are half baked. Saudi and Opec+ are not playing balls. Russia oils are needed by Germany & other Europeans. US oil reserve is drawing down. High energy, grains & edible oil prices hitting people bottom lines right after the current covid outbreak.

Yes. MR Zhang. No other alternatives to the supply of edible oiks under current situation. Sunflower oil disruption is going to hit hard. With the war in Ukraine whatever agri re-planting activities will be off the table. Fields damaged, ports damaged, conscription and joining army in the fight, people fleding to neighbouring countries. This is going to hit hard on the consumers. Oil prices rocket up, food grains & edible cooking oils in short supply. CPO is in a rare sweet spot

Fair comment by above analyst. Don't forget Soybean farmers will switch to wheat { with the upsurge in Wheat prices} reducing the supply of SBO in the overall world edible oil market.

Local funds & shrewd investors all eyeing oil plant counters. Focus is on pure Malaysian upstream planter's counters. Current planter's pay out rate should be higher & ride with the strong CPO price uptrend in the past 1 year. positive cash flows may indicate strong possibility of additional special dividend announcement

LTAT payout announcement of 4.1% by PM yesterday at Segamat has minimize further disposal of the Board holding of investment. Brent crude prices is forecast & expected to trend higher by snaps over the Iranian oil vs nuclear deal. Analyst {s} forecast prices to hit a new price record of US 125 per barrel from last week price high US 118 per barrel. US farmers will switch to wheat planting following the upsurge in wheat prices vs soybean. Last but not the least Indonesia curtailment of its CPO exports has also squeeze and limit the flow of cpo in the edible oil market. The Indonesia directive to producers to channel 20% of thier production to government at a subsidised price set by the Minister is an unprecedented move. This week POC conference will bring more upside to the CPO market. Just my 2 sen worth

Panic selling on Fri -fearof ukraine nuclear plant incident. Malaysia hosting POC {palm oil conference)} Mar 7 - Mar 9. More positive news flow coming

Panic over nuclear plant incident in Ukraine. Brent crude hit USD 118 and Malaysia hosting POC conference Mar 7-Mar 9
{palm oil conference} should be positive

Without disrespect to any parties. Gloves stocks was underrated & downplay by most anaylist in the initial stages. EVERY EXPERT was saying overprice and right to take profit. TG surged from initial $4.00+ { end of 2019} and surged to $28.00 { prior to thier share split & bonus} over a period of 8 - 9 months hitting thier high in August 2020. The same scenario was repeated in Supermax, Kossan, Harta. Just my 2 sen why the current stages or situation in the agro sector is entirely different from the past scenario. We are in the beginning of a super bull cycle for palm oil { borrowed the words from JP morgan}

Mr zhang is spot on his assessment. Multiple factors converging. Unlike manufacturing products
agricultural production cannot be restarted. Its take a long time to plant the crops to maturity before harvesting. No short term fixed. Any shortfall in production can only addressed in 2 - 3 years { time frame} 2022 - 2023 is Year of commodities & energy.

Ukraine & Russian exports of sunflower oils, rapeseed oils, corn & wheat all disrupted indefinetly. Oil shipments from the Blacksea accounts for 60% - 75% of world sunflower outpu & export. The port of Maruipol {Ukraine} has been damaged by Russia shelling & bombarment Oversea grains market { Dalian, Zhenghou, Chicago & Mumbai } all recorded hefty gains & uptrend for SBO, rapeseed, corn, wheat & palm oil

Possibility of a special pay out { after 4th qtr 4 sen dividend } announcement coming out. Following BPlant land sale profit book in the P&L. Just my own opinion { not a buy call}

Bstead holdings holds app. 57% of BPlant issued shares with another 12%+ under LTAT. Other institutional & Glic funds hold another 4 or 5 %. The free float of BPlant is very small. LTAT is the ultimate controlling shareholder of Bstead Holdings. The disposal of LTAT might be done thru LTAT external fund manager { similar to KWSP} which outsourced part of their portfolio. Just my personal take

This planter's bull still have legs to run. Planter's stock prices only reacted and started ascending & climbing recently { when CPO hit $5,500 - 5,800 per tonne} after JP Morgan issued a buy call. At this level hard to ignored planter's stock. Not a buy call just my own idea

Yes. Malaysia FCPO hit a new record high of $8,000 per tonne for March '22 position { following yesterday US market overnight SBO closed at 76 per IB} Dalian {China} grains all up

Datuk Wong {Ta Ann} and his team has turn around & upped SWK performance { based on their estate's cost & production figs } Datuk Wong { Ta Ann } have big plans for SWK. Look at his comments { when he acquired the SWK stake}

Trading sideway after 4-5 days of uptrend

Datuk Wong { Ta Ann} emerged as SWK substantial shareholder in 2017

Mr zhang 8.00 is my target price

Time for SWK to play catch up with SOP

Ha ha - Urusharta {CEO} kena tembak from MOF. Don't play play

Possibility of Urusharta has stopped their plantation shares disposal. Look at THP shares climbing. No more new additional announcement coming out. Swk plant may surprised the market to play catch up