Why above news of MAERSK matters to PTP

https://theloadstar.com/surge-in-transhipment-traffic-pushes-port-of-tanjung-pelepas-to-a-new-record/

Malaysia’s port of Tanjung Pelepas (PTP) saw 8% growth in 2020, to a record-breaking 9.8m teu, making it an outlier among South-east Asia’s competing transhipment hubs.

The growth the port, which is operated by Maersk subsidiary APM Terminals as the carrier’s key transhipment hub in the region, came despite global economic uncertainties and the Covid-crisis .

PTP CEO Marco Neelsen explained the reasons: “A surge in extra transhipment volumes, due to the increased demand in Asia and Europe, and requests from customers to increase their throughput at PTP.”

He said the second-half of the year had seen the opening of more borders and the revival of the global trade economy for the China, transpacific and Europe regions.

Maersk books record profit on surging freight demand

Wednesday, 05 May 2021 04:07 PM MYT

https://www.malaymail.com/news/money/2021/05/05/maersk-books-record-profit-on-surging-freight-demand/1971867

Post removed.Why?

All eyes are also on its planned RM18 billion Lotte Chemical Indonesia New Ethylene (LINE) project as it would propel LCT to become one of top three petrochemical companies in the region.

TITAN will be way much bigger than RAPID (slow coach), it will dictate the market pricing

When economy opens, polyethylene product demand will shoot up (for sure) while its raw material Naptha price rise will be capped by the increase in oil production in line with rise in oil demand in parallel.

The above is the secret market haven't realize

Lotte Chemical Titan making a comeback

https://www.theedgemarkets.com/article/lotte-chemical-titan-making-comeback

all GLC selldown today looks like

actually it should have limit up on wednesday....

Penang Port receives its first transhipment

Friday, 30 Apr 2021

https://www.thestar.com.my/news/nation/2021/04/30/penang-port-receives-its-first-transhipment?utm_source=Smartech&utm_medium=email&utm_campaign=dailynewsalert&utm_content=20210430&__sta=vhg.hhksexjsjnibsjskmsj%7CFJVV&__stm_medium=email&__stm_source=smartech

it means transhipment demand is overflowing from PSA to PTP and even up to Penang...

westport green...mmc sleeping

https://www.argusmedia.com/-/media/Project/Common/blog/posts/uploads/2021/03/20210311-asian-pp-prices-rise-by-more-than-50pc-from-a-year-ago.ashx?h=328&w=560&la=en&hash=41CB633F20F755B2E5E4996622D7CF0314F3745D

The real spike in prices only started in March (revenue is only recognized upon CFR delivery), you will see the effects in next qtr

the best is yet to come

https://www.theedgemarkets.com/article/lotte-chemical-titan-expects-outlook-improve-strong-polymer-product-asps

Hence, the company expects an improved overall outlook for the petrochemical industry as its key polymer products have seen surging prices, with market polymer ASPs up to US$1,100 (RM4,461.60) per metric ton in the fourth quarter of 2020 (4Q20) and expected to rise above US$1,200 per metric ton in the first two months of 2021.

This came after polymer ASPs hit a trough in 2Q20 during the height of the global Covid-19 pandemic, when the market’s polymer ASPs fell to around US$800 per metric ton.

Park noted that two of the company's key products, namely low-density polyethylene (LDPE) and polypropylene (PP), are currently fetching significantly higher ASPs of around US$1,550 per metric ton (as at end February 2021) — the highest since the industry experienced a downturn beginning 2018.

..............

current ASP avg of LDPE and HDPE (referring to sunsirs chart) is about CNY 10,050 which translates to USD 1,550

as such next qtr results should be even better than current

another 10% rise in ASP on coming qtr results?

http://www.sunsirs.com/uk/prodetail-295.html

Operating profit/(loss) before working capital changes: 633,045

which company can provide u this much cash per qtr

even if its eps is 10 cents...its pretty impressive as oil price can only go lower compared to last qtr - further widening the margin spread between product and raw mat

https://www.malaymail.com/news/money/2021/04/22/coffee-gives-nestle-first-quarter-boost/1968700

Austria will only use Sputnik V vaccine after EMA approval, Kurz says

https://www.reuters.com/article/health-coronavirus-austria-sputnik-idUSL1N2MC0N6

Gas tariff risen, PTP Port tariff risen with further upward pressure from PSA tariff rise by 6% end of the year, Strengthening its Northport with BCC acquisition, Port having high utilization rate due to transhipments and TEUs demand to rise 9% annually organically, Senai land slowly reflecting its value.....

Boost from MRT3 project directly (via MMC gamuda) and indirectly by giving all of its ports strategic advantage...

Inflation from excess money in the market....

MMC CORP appears a no brainer...just give it time

So Aminvest upgrade TP from 1.51 to 1.68 then... good!

30k viewers x each 200k capital = 6 billion money coming in...

thanks sifu

Posted by fengpinglangjin > Apr 19, 2021 11:28 AM | Report Abuse

https://www.facebook.com/100386988151214/posts/309199870603257/

Investor briefing 8pm tusday.
Dun miss..

russia now friends with every country in the world...

Europe and american had prejudice on russian vaccine earlier...its proving to be one of the best and cheapest vaccine available

https://www.thestar.com.my/aseanplus/aseanplus-news/2021/04/18/demand-from-china-spurs-surge-in-singapore-exports

Sputnik V's approval came as India overtook Brazil to become the country with the second-highest number of cases globally.

https://www.bbc.com/news/world-asia-india-55748124

Opec sees rising oil demand as it plans to open taps
Tuesday, 13 Apr 2021

https://www.malaymail.com/news/money/2021/04/13/opec-sees-rising-oil-demand-as-it-plans-to-open-taps/1966227

Up to 6% Rise in Singapore Port Dues

https://shipandbunker.com/news/apac/849518-up-to-6-rise-in-singapore-port-dues-next-year

PTP should benefit being placed within same area

RM4.43b - 1.35b = 3.08b gain in land value

3.08b is about RM 1 per share (GAIN ALONE!)

Thanks for the info petnch2020

Posted by petnch2020 > Apr 9, 2021 10:25 PM | Report Abuse

MMC is carrying this land at RM1.35bil in its book or at RM0.7mil per acres.

The price of the recent announce disposal land to Shengda New Energy and the other E&E companies were transacted at RM2.17 mil per acre. This would value the total land for development of Senai Airport City at 2,043 acres x RM2.17mil = RM 4.43 bil. This would translate to RM1.46 per share.

The Port of Tanjung Pelepas (PTP) is expected to register a spike of cargoes over the next few weeks due to the Suez Canal blockade

https://www.thestar.com.my/business/business-news/2021/04/08/ptp-to-benefit-from-cargo-spike-due-to-suez-canal-blockade

https://themalaysianreserve.com/2018/01/24/mmc-gamuda-gkent-strong-contender-mrt3/

“MMC-Gamuda’s expertise in tunnelling work bodes well for its chances, as 80% of MRT3’s alignment would be underground,” RHB Research noted in a report on Monday.

The consortium members have under their belts experience as the PDP in two prior MRT lines, the LRT3, as well as tunnelling works for MRT1 and MRT2.

Tunnelling experience and the ownership of tunnel-boring machines are key advantages of the MMC-Gamuda-GKent JV, RHB Research added, considering that 80% of works are slated to be underground works and the remaining 20% are elevated works.

Third MRT line approved

https://www.thestar.com.my/news/nation/2021/04/04/third-mrt-line-approved

"Dr Wee, who congratulated MRT Corp, turnkey contractor MMC Gamuda, and other contractors for the good progress under Phase 1, said the Putrajaya line covered some of the mostly densely populated areas such as Sri Damansara, Kepong, Jinjang and Kampung Batu, and would bring much benefit to the people."

sifu, please msg me when your next article is out
my email id: i3investor1@gmail.com

Wee: Cabinet gives green light to MRT3 line suspended by Pakatan govt

3rd April 2021

https://www.youtube.com/watch?v=FscXcurywy4


Kuala Lumpur plans for metro line three

19th Nov 2020

https://www.tunneltalk.com/Malaysia-19Nov2020-MRT3-plans-for-Kuala-Lumpur-metro-are-proceeding.php

At about 40km long, Line 3 was in planning and design under the previous national government administration of Malaysia and has an estimate of US $11 billion, with a significant section in the centre of Kuala Lumpur running underground. The line was planned as a circle line to integrate the public transport system in the Klang Valley (Fig 1).

At the end of 2018, the MMC-Gamuda JV, which completed Line 1 and is currently completed Line 2, resubmitted an alternative proposal for MRT Line 3.

The proposal stated construction could take place in several phases, with the first phase costing about $5 billion.

Ok thanks targeted, will surely add some

Gas Malaysia announces new natural gas tariff hike (30% owned by MMC CORP)

Wednesday, 31 Mar 2021

https://www.thestar.com.my/business/business-news/2021/03/31/gas-malaysia-announces-new-natural-gas-tariff-hike

https://www.klsescreener.com/v2/news/view/809839/%E5%A4%A7%E9%A9%AC%E6%B0%94%E4%BD%93-%E5%A4%A9%E7%84%B6%E6%B0%94%E5%88%86%E9%94%80%E8%B4%B9%E8%8E%B7%E5%87%86%E8%B0%83%E9%AB%9817%E4%BB%99

Suez canal just opened...Ever Given is floated and moved aside!

Tanjung Pelepas Port has one advantage over Ports of Singapore:

April 1, 2019

https://www.nst.com.my/business/2019/04/474902/tanjung-pelepas-port-has-one-advantage-over-ports-singapore-analyst

In terms of published tariffs for transhipment cargo, MIDF Research said PTP offers competitive tariffs for transhipment cargo.

“Published transhipment tariffs are slightly higher than Port Klang but are around 40 per cent cheaper than PSA,” it said.

As such, the transhipment tariffs imposed at PTP strike a balance between its peers between price and efficiency, it added.

MIDF Research said MMC’s Johor Port Bhd (JPB) was working closely with authorities for around 30 per cent hike in tariffs at Johor Port.

......................

Westport gross profit is about 115m per million TEUs

Tanjung Pelepas Port transhipment TEUs for Q4 2020 TEUS exceeded Q3 2020 by 354k.

North Port TEUs for Q4 2020 was also record high

spectacular earnings shown last qtr was significantly contributed by improvement on efficiency

PTP have a lot of room for raising their tariffs considering they are 40% cheaper than Singapore port

MISC shipping routes:

https://misc.com.my/media/2238/terminals_called.pdf

Same demand, longer routes, more service charges

https://www.cnbc.com/2021/03/25/suez-canal-cargo-ship-blockage-could-cause-problems-for-the-globe.html


The winners
...........

The canal blockage is certainly not bad news for everyone — spot freight rates are set to jump even higher on pent-up demand, making money for the operators, market watchers say.

“A more prolonged closure of the Suez Canal would see container shipping as the biggest beneficiary, while tanker, dry bulk and air cargo might also see some higher rates,” wrote JPMorgan, describing the tightening of shipping rates “as a upside risk.”

Who is set to benefit most? JPMorgan highlights Asian liners, saying that despite higher bunker costs due to longer rerouted journeys and increased congestion, they expect higher spot freight rates. “This instead of hurting profitability is expected to be positive for bottom-line for Asia liners, in our view,” the bank wrote.

Petronas becomes world’s first to produce LNG from two floating facilities

25 Mar 2021, 5:50 PM

https://www.thestar.com.my/business/business-news/2021/03/25/petronas-becomes-worlds-first-to-produce-lng-from-two-floating-facilities

The cargo was loaded onto the Seri Camar LNG Carrier operated by MISC Bhd for shipment to Petronas LNG Buyer in Thailand, it said in a statement today.

"Similar to our flagship floating facility, PFLNG Dua's mobility will allow us to unlock even more marginal and stranded gas fields in the future, providing Petronas with new and sustainable sources of LNG to meet the growing demand for cleaner energy," he added.

Malaysia's Petronas Chemicals pins hopes on Saudi Aramco JV
Petrochemical and refinery project in Johor expected to boost output and profits

March 25, 2021

https://asia.nikkei.com/Business/Energy/Malaysia-s-Petronas-Chemicals-pins-hopes-on-Saudi-Aramco-JV


Malaysia Pengerang refinery to boost demand for tankers: experts

https://www.nrgedge.net/article/1520123341-malaysia-pengerang-refinery-to-boost-demand-for-tankers-experts


MISC's tankers

https://www.aet-tankers.com/business-solutions/

Qatar Petroleum tenders to ship owners for charter of LNG carriers

21 Mar 2021

https://www.spglobal.com/platts/en/market-insights/latest-news/natural-gas/032121-qatar-petroleum-tenders-to-ship-owners-for-charter-of-lng-carriers

LNG shipping leads MISC to be Malaysia’s top stock

https://www.thestar.com.my/business/business-news/2019/12/06/lng-shipping-leads-misc-to-be-malaysias-top-stock

This year, it signed agreements to supply LNG vessels to Exxon Mobil Corp and Mitsubishi Corp, after the world’s biggest LNG exporter Qatar Petroleum set off a “stampede” by announcing plans to order as many as 100 new carriers, he said.

Eppendorf’s new Mastercycler nexus X1 provide short PCR run times and low power consumption for multi-user labs

9 March 2021

https://www.labbulletin.com/articles/eppendorf-new-mastercycler-nexus-x1-provide-short-pcr-run-times-and-low-power-consumption-for-multi-user-labs

The new Mastercycler nexus X1 from Eppendorf is the latest addition to the Mastercycler range of PCR instruments. It provides researchers with increased heating and cooling rates by uniting the innovative software found in the Mastercycler nexus with a fast 96-well block
All this is achieved while maintaining low power consumption and low noise emission levels (< 40dB[a]), making the Mastercycler nexus X1 suitable for work within busy life science laboratories.

A heating rate of 5°C/s means run times using the Mastercycler nexus X1 are very short, allowing several users to work on it during the course of a day. Up to three units can be combined for maximum throughput, and a booking schedule integrated into the software allows easy allocation of time to fit researchers’ schedules. When in use, the Mastercycler may be connected to a computer network, supplying email status updates on the progress of the PCR run.

Biotech division
...............

The biotech segment accounts for the remaining 21% of Uchi’s revenue.
Uchi serves 2 major customers here, namely Sartorius and Eppendorf,
which are both international pharmaceutical and laboratory equipment
suppliers, manufacturing electronic modules for use in precision weighing scales, electronic pipettes and deep freezers

http://www.bursamarketplace.com/mkt/tools/research/ch=research&pg=research&ac=239158&bb=243712

PCR test device from Eppendorf (Uchitec supplies sensors)

https://online-shop.eppendorf.ae/ME-en/PCR-44553/Cyclers-44554/Mastercycler-nexus-X2-PF-82586.html

The Mastercycler® nexus X2 is Eppendorf's solution for busy PCR labs. Two totally independent protocols can be run on the two blocks, so two PCR users can independently start and end their PCR reactions whenever they want. One of the assays can even have up to 64 samples. With less than 40 dB[a] noise emission, the nexus PCR cycler is whisper quiet and also very energy efficient

Asian Aframax freight rates surge to w90 amid switch to clean products

05/03/2021

https://www.hellenicshippingnews.com/tankers-asian-aframax-freight-rates-surge-to-w90-amid-switch-to-clean-products/

Aframax freight rates on key ex-Asia routes have reached w90 for the first time in 2021 on the back of tight supply as several ships clean up to load refined products, many ballast to the Mediterranean and cracking margins improve for refining light crudes, market participants said March 4.

The benchmark Persian-Gulf-East route was assessed at w90 March 3, up 24% week on week, S&P Global Platts data showed.

Rates on ex-Asia routes had hovered below w70 earlier in the year, dragging down the earnings of owners to negative, and further gains are potentially in the offing. If OPEC+ opts to increase crude output at its meeting later in the day, the Aframax freight market could receive a further boost, one broker said.

Aframax freight rates jump to nine-month highs

February 26, 2021

https://oilnow.gy/featured/aframax-freight-rates-jump-to-nine-month-highs/


MISC is a proud owner of 29 Aframax (50% of its petroleum vessels)

https://misc.com.my/solutions/petroleum-shipping/

Surge in transhipment traffic pushes port of Tanjung Pelepas to a new record

28/01/2021

https://theloadstar.com/surge-in-transhipment-traffic-pushes-port-of-tanjung-pelepas-to-a-new-record/

Malaysia’s port of Tanjung Pelepas (PTP) saw 8% growth in 2020, to a record-breaking 9.8m teu, making it an outlier among South-east Asia’s competing transhipment hubs.

PTP CEO Marco Neelsen explained the reasons: “A surge in extra transhipment volumes, due to the increased demand in Asia and Europe, and requests from customers to increase their throughput at PTP.”

He said the second-half of the year had seen the opening of more borders and the revival of the global trade economy for the China, transpacific and Europe regions.

Khalib Mohamad Noh, PTP chairman, added that the port had strengthened its position due to its investments in new equipment and efforts to improve container handling capacity.

PTP purchased eight super post-panamax quay cranes, 10 electrified rubber-tyred gantries and dredged the navigation channel to “ensure the new generation of ultra-large container vessels can safely navigate to our port”.

thank you..come again

Post removed.Why?

PCR test device from Eppendorf (Uchitec supplies sensors)

https://online-shop.eppendorf.ae/ME-en/PCR-44553/Cyclers-44554/Mastercycler-nexus-X2-PF-82586.html

The Mastercycler® nexus X2 is Eppendorf's solution for busy PCR labs. Two totally independent protocols can be run on the two blocks, so two PCR users can independently start and end their PCR reactions whenever they want. One of the assays can even have up to 64 samples. With less than 40 dB[a] noise emission, the nexus PCR cycler is whisper quiet and also very energy efficient