Average selling prices of nitrile glove are expected to be lower next year { 2022} based on analyst's report covering this sector. Currently they are retailing between US 50 - US 70 per 1,000 pieces. Going forward they are expected to be retail between US 40 - US 60 per 1,000 pieces { I.e. Before supply catches up with demand in 2022 /2023. Pre covid prices are below US 30 per 1,000 pieces

Anything is possible under the new LTAT {Boustead} reinventing scheme. They tried to take Bstead private at 0.80 vs 1.86 NTA { a false start }. if the Board now tried to take BPlant private at 1.20 vs 2.00 + intristic value? BPlant pieces of estate land { Connemara & Balau estate } at Semenyih bordering { cyber jaya}. Northern peninsular estate's bordering Batu Kawan, TRP estate near
fronting NSHighway? The monetized value???

Any upside really depends on the coming quarter result announcement. KMPG etiquette and work ethics really take a hit by the UK regulators. Supplying and falsifying inaccurate data { KMPG } really inexcusable

Real competition is coming from the China based companies. Look at analyst covering the sector. Expect margin squeeze not because of demand or higher production cost. But contraction in ASP caused by this producers cutting prices to undercut our market shares. The lockdown in Malaysia has caused buyers to look for alterative new glove producers.

Kipleplay was acquired and launch in 2017. In 2019 they entered into a collaboration with Bank Islam { financing the education and e commerce sector}. the locsl university which they targeted. University Utara Malaysia {UUM} scheme was introduced in may 2018 { thereafter no much news update} too high expectations on the ewallet platform? Typically other ewallets targeted the mass public markets where merchants or business owners sign up for the platform. Touch & Go, Grab pay, Lazada, Boost, Maybank {ewalet}, Alipay, PayPal, Weechat pay, Aeon pay., Air Asia { Big} and not forgetting Petronas { Setel} 95-98 % of the market users used this platforms

Very interesting piece of news. On July 26. Hasman Yusoff { one of KMPG 44 partners} investigated by Police for threatening Serba CEO. He was also Seba ex director overseeing the group audit & risk compliance committee. He has since resigned from the board. News reported from KLSE screener

If rumors are true. Possibility of a consolidation share exercise plan is in the making. Minorities like us is like a piece of meat put on a chopping board. Chop, burnt and grill by this company

Not a good sign when own CEO and major shareholder disposed off app. 86 million shares from 20 Aug - 26 Aug { 20+sen }

Prices tend to move marginally higher at the close or supported prior to matching time. Otherwise prices tend to drift lower without any supportive action.

Without prejudice. The licence is issued by Labuan financial offshore authority to Green packet for their advisory platform investment into block chain and digital assets {eg. crypto currency } . Conditional approval pending setting up the required processes and platform. A full operating licence will be issued after fulfillment of all the organisation regulatory activities. This is not a digital bank licence issued by Bank Negara.

Very positive upturn in their result. Expect another end year special dividend paid out. CPO average prices for 1st 8 months { Jan - Aug } app $4,130 per tonne. August CPO prices above $4,500+.

Show tight trading range at 42 - 45. Need a clear break out

1.66 sen dividend ex date 15 Sep

FY 2020 result saw net loss widened to - 73 million from - 46 million in the previous year. FY 2021 may be worse off after the G3 disposal. Share base has been enlarged with 2-3 rounds of PP shares exercise. Start up costs for GP new business into investment & money lending

ISMAIL Sabri PM9

ISMAIL Sabri PM9

ISMAIL sabri PM9

Coming qtr result ending Jun 21 will be announced in the last half of August

Foxconn needs the Silterra chips for their Thai set up

Hard to fight against RSS

Post removed.Why?

Sabah CM post will be switch & changed from Bersatu to Umni

Currently Malaysia is the worst performing index in this region. Our MYR has slid to 4.24 against the USD and 0.65 against the Yuan. RHB projected the MYR may drop to a low 4.30 against the USD. Technically should be good for exporters { eg Glove makers and CPO exporters}

Bad for Malaysia. Facebook & Google both skip Malaysia for the new 12,000 km undersea new cable project "Apricot" linking from Guam, Taiwan, Philippines, Thailand, Singapore and Indonesia. This is the 3 new project undertaken by Facebook & Google to bypassed Malaysia. First was the Echo, Bifrost and now Apricot linking the Asia Pacific region. What happen to our Multimedia ministry, MITI, Transport etc

This time a strong possibility of the DPM coming from Sarawak { PN or PH}

Asked yourself how the covid pandemic was handled. How the economy suffer, people lives lost, business shuts, the SOP twist and turn, double standards in enforcement, outright lying in the house of Parliament, do I need to say more?

Think of the possibility market price of oil in 2-3 years when the oilfields are all up running at full capacity. We may not hit the jackpoint but oil is liquid gold. Think of DNex as long term investment.

Always trade within your means. Never never borrow from Ah long. It's a money trap bros and sister

Interim dividend of 1.5 sen per share paid in April 21 possibility of another 1 sen { final or special dividend} at a later date

the 697 million warrants covert into ordinary shares is really huge. The conversion has enabled DNex to raise additional 348 million cash in their coffers. This is something substantial & not ordinary. Only a big cap funds have the resources { conversion price + warrants = 50 +35*=85 sen estimated cost. This is not a buy call. Please do your own reseach

Both Karim { CEO} the major shareholder and his co founder { Abdul Kadier} has not dump their shares. Both trying their best to resolve and settled issues raised by KMPG. If KMPG lose the case.{ the 44 partners} need to pay the 2 billion sought by Serba for consequence losses. Even the court apportioned the damages.by half. The 44 partners need to sell their property to cover the court awards

rumors of a foreign fund { emerging as a shareholder} circulating in the pipeline after conversion & exercise of the warrants . Not discounting the source is from China after Foxconn { Taiwan} has a 5% direct stake in Dnex

Warrants exercise by this group of long term investor will not depress the prices. App 697 million warrants have been converted into ordinary shares on July 31. The high number of conversion showed the warrants holders have showed their trust in DNex growth projections. DNex net app 350 million from this warrant conversion

Totally agreed. But our local KLSE is the worst performing index whether gloves, tel communications, semi conductor, oil palm, construction etc but our MOF { Tengku Zafrul} sings a different tune

Latest update on KMPG misconduct in UK { news from Guardian dated 5/8/21}
Please read
KMPG was fined a near record of £13 Million for misconduct and reprimand by the requlators. The FRC tribunal found one of KMPG partners help push a bedmaker company {Silentnight} which was a client of KMPG to insolvency to enable a private equity group {HIG}to buy the business out of administration. A betrayal of trust and a failure to act with integrity

Agreed. call warrants are indirectly suporessing the mother shares. Its a money game

Brent crude prices down to USD 70+ per barrel down from previous high of USD 77+ per barrel

All companies are affected. Construction, sales & production are all hit by the FMCO lockdown.

KYY doesn't target big cap companies. KYY likes and favour mid cap and family owned companies

TSH stuck in narrow price trading range of betw 1.00 - 1.05

Go for mother shares. Warrants may look cheap on paper but please studied the conversion price and the lifespan.

DNex core business are now focus on IT technology, semi conductor chips manufacturing business, undersea cables mainteance and not forgetting the local government contracts. A company need a sizeable shares size to operate in this segments. Without the warrants conversion you are unable to compete with the competitions. All the warrants holders are long term serious investor and unlikely to flip the shares

Existing BPlant 4 Sabah Oil Mills supplying CPO to IOI refinery and PGEo group

Tough for anyone to carried $10 billion debts. Interest alone kills you

Hopefully things can move higher

Past 4 years all loss making [started from 2017,2018,2019 & 2020} disposal of G3 global will hit & impact more on GP bottom line.

Price already down from 45 to current 38 {15%}

KLK acquired IJM plant for 1.53 billion. Bplant planted acreage is bigger and their Peninsular located at prime land. Good for IOI Corp and IOI properties

Support at 20 sen

Yes. TG, Supermax, Kossan, Harta was the darling stocks and superbull last year