Palm tree, one fruit, two different oil (CPO, PKO), many thousands of posibilities/products and million of opportunities.

In facts palm oil plantation empower rural/local communities with gainful employment, brought in the much need economy activities and social facilities to local communities and contributed much needed foeign currency to the country and tax to the government.

know how many people benefited from season oil crop?
Land owner, bankers, seed suppliers and fertiliser suppliers. As not much employment opportunities and economy activities are created to benefit the local communities


By Anis Zalani
Wednesday, 21 Aug 2024 1:43 PM MYT
KUALA LUMPUR, Aug 21 — Plantation and Commodities Minister Datuk Seri Johari Abdul Ghani underscored the critical role of his ministry in driving the national economy today, revealing that it contributes nearly RM160 billion in exports.

He said that palm oil alone accounted for over RM100 billion of that total.

Johari also highlighted that the palm oil sector sustains more than 1.25 million jobs across the country, including 550,000 smallholders.

In terms of palm oil production, he said Malaysia manages 1.5 million hectares of land cultivated by smallholders, compared to 4.2 million hectares by the private sector.

Soybean Oil 0.41 USD per lb equal
0.41x 2204.62= USD 903.89 per MT
Myr 903.89 x 4.3746 = RM 3954 per MT

Soybean Meal 306.50 USD per Ton 8/23/24 02:20 PM
Soybeans 9.53 USD per Bushel 8/23/24 02:20 PM
Soybean Oil 0.41 USD per lb. 8/23/24 02:20 PM

Did the author now what is the different between soy bean price and soy bean oil price?
Is palm kernal price and palm kernal oil price the same?

Page 40 of Financial Report 2023: Funding
The Group is currently engaging in discussion with lenders at different stages for debt and equity fundraising, with an estimated amount of RM3 billion.

That 3 billion is for capA to survive another year and lives to fight another day.
CapA need to stop the zero fare promotion and seriously increase airfare to make meaningfull profit to pay down its debts.

Repost:

So someone still no ball to show how much jaks share he hold and at what cost?

Repost:
Some people just have noting to contribute, nothing better to do, no job, no family and no friend so they come to i3investor forum seeking attention and cari gaduh with people and thus incur the wrath of ......

They then twist and turn and act innocent asking:
Posted by Johnchew5 > 1 hour ago | Report Abuse
Hoho why those abusive ID only appeared in OTB promoting forum ???

This kind of people you better totally ignore them

Only financial illiterate and zero IQ people will come up with

YTLpower QR ended June 2024
Hoho very interesting on 4QFY24 Window Dressing:

PBT RM 1239 million - RM 1060 million ( increased of Borrowings) - RM 202 million ( fair value gain from Ranhill acquisition ) =
-RM 23 million

SCIB last three quarters: what is the ROE per quarter?
Quarter
Revenue
PBT
NP
NP to SH
NP Margin
ROE
EPS
Financial Year: 30-Jun-2024
31-Mar-2024 44,302 1,614 869 755 1.96% 0.54% 0.12
31-Dec-2023 38,089 1,531 857 846 2.25% 0.60% 0.13
30-Sep-2023 39,403 2,120 1,002 926 2.54% 0.69% 0.14

By the way if you hold Omesti-PB to maturity Omesti need to redeem yoy Omesti- PB at RM 1.00

Already sold my Omesti-PB for my free bintang beer and lobster.
As of SCIB average down to 0.28 sen holding 100,000 SCIB. Will see what happen to SCIB next year.

So someone still no ball to show how much jaks share he hold and at what cost?

Question:
Have all billings related to the construction of the Hai Duong power plant been issued?
When is the remaining amount expected to be received in 2024?

Answer:
Final billings are pending finalisation of final claims, targeted early next year.


From the answer is BOD mean to say big impairment losses coming?

A company with ROE of 0.84% lower than Bank FD of 3.5%.
Something is terribly wong in jaks and someone must be very mad to promote such stock.

Jaks :
ROE 0.84

A ROE of 0.84% is that a good or gruesome company?


Return on equity is considered a gauge of a corporation's profitability and how efficiently it generates those profits. The higher the ROE, the more efficient a company's management is at generating income and growth from its equity financing.

Jaks increase it equity not by retained profit but by no-end yearly PP or RI.
So no woder the price of of jaks go lower and lower.

JAKS RESOURCES BERHAD MAIN : Construction
Last Price Today's Change Day's Range Trading Volume
0.15 -0.005 (3.23%) 0.145 - 0.16 20,905,600

Market Cap: 391 Million
NOSH: 2,607 Million
Avg Volume (4 weeks): 16,620,305
4 Weeks Range: 0.14 - 0.185
52 Weeks Range: 0.12 - 0.245

Reoost:
“Happiness and freedom begin with a clear understanding of one principle: Some things are within our control, and some things are not.”

In life you are going to come across many type of people so choose who are to be your friends and who to avoid/ignore because your future success will depend on this critical choice

Since Mikecyc has no capacity for self-reflection and repentance and uses his multiple ID Johnchew5 to seek attention hence the best way to deal with this type of people is totally ignore them and let them suffer the loneliness with no one to talk to.

Repost:
Sslee Posted by BobAxelrod33 > Oct 14, 2023 7:46 AM | Report Abuse
"WHEN A CLOWN MOVES INTO A PALACE, HE DOESN'T BECOME A KING. THE PALACE BECOMES A CIRCUS" ------------- Turkish Proverb

Posted by Felix999 > Oct 14, 2023 8:58 AM | Report Abuse
"The greatest enemy of civilization is the barbarian within." - Heinrich Heine

I3 has many barbarians within and the worst type is Mike-tikus and his many ID. Many right and sound minded people already leave i3 for good because of people like Mike-tikus flooding the whole forum with his repeatedly cut and paste vulgarity, insult, slander and gibberish.

I3 used to be the place where investors can exchange useful opinion, figure and fact but sadly no more because of the many barbarian within.
14/10/2023 9:56 AM

"Investors have poured money into a bottomless pit, attracted by growth when they should have been repelled by it.” - Warren Buffett

In 2016, Warren Buffett started buying a chunk of nearly the entire U.S. industry, eventually paying $7 billion to $8 billion to buy roughly 10% of American Airlines Group, United Airlines Holdings, Delta Air Lines, and Southwest Airlines. By 2019, he had a small profit. Then COVID-19 struck, and he immediately pulled out, calling his investments “an understandable mistake.” A year later, the stocks had taken off, with United and American more than doubling between May 1, 2020, and May 1, 2021. Such is life with airline stocks. They’re suitable only for short-term market timers, and no one—not even Warren Buffett—can time the market, knowing precisely when to jump in and out.

Benjamin Graham, was right from the start. He wrote in 1949 that it’s obvious that the airline industry will take off, but that doesn’t make airline stocks good investments

Q1 end 31/3/2024
RM '000
Cash flow from financing activities
Proceeds from borrowings 351,371
Repayment of borrowings (58,914)

So Q1 2024 did the company pay down its borrowing or borrow more money?

If the company is now generating enough cash to gradually pay down its debt then why need debt fundraising?

Page 40 of Financial Report 2023: Funding
The Group is currently engaging in discussion with lenders at different stages for debt and equity fundraising, with an estimated amount of RM3 billion. As at the date of this report, the Group has received commitment from investors for a Revenue Bond Program of up to USD365 million (equivalent to RM1.68 billion)

Below my blogs 235 posts with 845,981 view and 9,006 comments

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Your valuation on TSH is even more simple and easy to understand 🤗🤗

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > Aug 23, 2024 12:38 PM | Report Abuse

My fair value for TSH is 99 sen per share.

Buy below 70 sen per share

While I am trying to time the market/stock (PBB) at below RM 4.00

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > Aug 20, 2024 11:08 AM | Report Abuse
My intrinsic value for PBB is 6.70. :-)

Is above is how 3iii mean by pricing the market/stock?

Nestle is now at 52 weeks low

NESTLE (M) BHD MAIN : Consumer
Last Price Today's Change Day's Range Trading Volume
102.00 -1.00 (0.97%) 101.90 - 103.40 105,30

Market Cap: 23,921 Million
NOSH: 235 Million
Avg Volume (4 weeks): 110,845
4 Weeks Range: 101.90 - 120.50
52 Weeks Range: 101.90 - 131.60

Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ SSLee Value investing is very much pricing the market/stock, and not timing the market/stock

Know what 3iii trying to say on the above?

3iii is very lucky to be at the right place and at the right time to bought many stocks that are at its initial fast growth stage that he can now hold for ever as his bought price is very low.

For me I need to time the market/stock to trade for 30%+ gain.

PAA is a private company and I would not think can access to PAA latest quarterly result.

Calvintaneng : "Assets play is my forte and few can understand"

If you are really onto assets play then go and borrow a billion to take over insas and then used Insas cash hoard of billion to pay back your borrowing and you still have another 2 billlion+ assets that included and not limited to 515,008,575 inari share.

You can then retired hapilly as billionaire.

Many IBs also get it wrong on Serbadk.

In term of earning and dividend yield, jayatiasa is a better choice.
You can compare their monthly FFB and MPOB CPO spot price to know what will be their earning for coming quarter.

The last time when many banks & broking firms not giving margin finance, cap the DF credit facilities for speculative stocks which are trading at very high PE & price to book.
(Money upfront for buy order on these speculative stocks)

Insas spike up to 52 weeks high of RM 1.35

Today many of these speculative stocks suffered a sell off. Will history repeat again for Insas?

If you are shareholder of KSeng you can write to KSeng IR with CC to Julius Baer (Spore) to take action on calvintaneng for malicious act with intention of manipulating KSeng share price:

Posted by calvintaneng > Aug 23, 2024 10:04 AM | Report Abuse
Please take note and be warned

Julius Baer (Spore) Kseng Top holder has been involved in wrongful acts in Singapore

if there is any force liquidation Kseng will be impacted as Top holders might be forced sold

so better sell Kseng or later Gek Sim (Heart sick with pain in hokkien)

https://igamingbusiness.com/uncategorized/singapores-aml-charges/#:~:t....

And if miller export the CPO to Malaysia refinery then miller directly pay the Export Levy and Duty on CPO.

Indonesia plantation companies indirectly pay Levy and Duty on CPO as refinery pay miller CPO international price minus levy and duty.

Palm Products Segment (Continued)
Both the segment revenue and profit for Q2 2024 and 6M 2024 and the corresponding periods last year were impacted by the Indonesia Export Levy and Duty on CPO as shown below:
Quarter Ended Year-To-Date Ended
30.06.2024 30.06.2023 Changes 30.06.2024 30.06.2023 Changes
RM’000 RM’000 % RM’000 RM’000 %
Indonesia Export Levy and Duty on CPO
21,155 33,765 (37%) 41,473 59,767 (31%)

Average selling prices
Quarter Ended Year-To-Date Ended
30.06.2024 30.06.2023 Changes 30.06.2024 30.06.2023 Changes
RM/MT RM/MT % RM/MT RM/MT %
CPO 3,704 3,493 6% 3,645 3,523 3%
PK 2,250 1,785 26% 2,088 1,778 17%

As at 31/12/2023 capitalA is an insolvent or bankrupt company as the 2024 cashflow projection by management cannot cover the payment of current lease liabilities and current trade and other payables.
The survival of capitalA depend on
1. Successful implementation of a Revenue Bond program; and
2. Continuous support from Group's lessors

This is the word of auditor and not mine
We have assessed the reasonableness of the cash flow projection provided by the management (Note 2.1). The going concern of the Group is dependent on the following:
1. Successful implementation of a Revenue Bond program; and
2. Continuous support from Group's lessors

People use PE or dividend yield to value plantation companies.
So what is the average PE and dividend yield of big, middle and small plantation companies listed in Bursa?

Some people just have noting to contribute, nothing better to do, no job, no family and no friend so they come to i3investor forum seeking attention and cari gaduh with people and thus incur the wrath of ......

They then twist and turn and act innocent asking:
Posted by Johnchew5 > 1 hour ago | Report Abuse
Hoho why those abusive ID only appeared in OTB promoting forum ???

This kind of people you better totally ignore them

External Auditors if FYE 2022 Management cash flow forecast is far off the mark as per actual achieved then as at 31 December 2023, the group current liabilities exceed its current assets by RM12,699 million. Are Auditors satisfied and confident with management's cash flow forecast for year 2024 that the group will not default on the net current liabilities of RM12,699 million?

We have assessed the reasonableness of the cash flow projection provided bythe management (Note 2.1). The going concern of the Group is dependent on the following:
1. Successful implementation of a Revenue Bond program; and
2. Continuous support from Group's lessors.

Wait for next 2 bad quarters result and see how Mr.Market will react.

Are you kidding money for nothing?
Can money just fall from sky.

Know what is revenue bond?

Page 40 of Financial Report 2023: Funding
The Group is currently engaging in discussion with lenders at different stages for debt and equity fundraising, with an estimated amount of RM3 billion. As at the date of this report, the Group has received commitment from investors for a Revenue Bond Program of up to USD365 million (equivalent to RM1.68 billion)

The Revenue Bond program entails the conversion of outstanding lease payments of USD240 million (approximately RM1.1 billion) into bond (Tranche 1) and cash inflow of approximately USD125 million (approximately RM575 million) (Tranche 2) to finance working capital, maintenance cost and lease rentals. The revenue bond willbe secured against passenger seat sales from identified routes and shares in a subsidiary. Tranche 1 of the Revenue Bond has a tenure of 2.5 years whereas Tranche 2 has tenure of 4 years. The bond is expected to be issued by mid of 2024.

Controlling shareholders Dato',Sri Thong and PAC hold 32.96%. Any SBB or him buying from open market will trigger 33% threshold conditional MGO.

Dato' Sri Thong is waiting for a right moment to increase his holding at minimum cost to him as possible thus he got many proxies buying and selling and trying to keep Insas at depressed price.

A deal can just be a dividend ex before SCR date.

Johnzhang Your behavior has certainly changed, at least in the case of MPHB capital. We can't count on you to promote minority shareholders activism . Not fear mongering and pouring cold water is already a big service from you .

Whether our effort will eventually pay off is yet to be seen .But at least we make some effort and encourage minority shareholders activism along the way .

One or a few people may not make any impact , but 50 or 100 people coming together may bring minorities’ power alive .

I don’t wish to say more

My take:
I do not hold any MPHB share but still hold Insas. I have Insas CEO HP number and we exchange whatsapp greeting during festival.

If you are what you said you are (make effort) then you should make appointment to meet with TAN SRI DATO' SURIN UPATKOON and negotiate an agreed deal with him before the EGM.

You need to know many of the minority shareholders are eager to exit at RM 1.70.
Why deny them the opportunity to exit?

Our comments:
Based on the above, the SCR Offer Price of RM1.70 per Offer Share represents:-
(i) a discount of 48.01% to the estimated fair value of MPHB Shares of RM3.27 per Share;
and
(ii) a discount of 30.33% and the unaudited consolidated NA of RM2.44 per Share as at
31 March 2024.
Pursuant thereto, we are of the view that the Proposed SCR is NOT FAIR.

We are of the view that the Proposed SCR is REASONABLE as it provides an exit opportunity to the
disinterested shareholders of MPHB, especially for those holding a significant number of MPHB Shares, to realise their investment in MPHB for cash at the SCR Offer Price expeditiously in view that:-
Historical market prices of MPHB Shares
(i) MPHB Shares have not traded above the SCR Offer Price during the past three (3) years prior
to and up to the LPD;
(ii) SCR Offer Price represents a premium of between 8.28% and 50.90% over the 5-day, 1-month,
3-month, 6-month and 1-year VWAMP of MPHB Shares up to and including the LTD; and
(iii) SCR Offer Price represents a premium of between 6.04% and 25.98% over the 5-day, 1-month,
3-month, 6-month and 1-year VWAMP of MPHB Shares up to and including the LPD. Historical trading liquidity of MPHB Shares

AAX had proposed to acquire the aviation business for RM6.8 billion. It planned to issue new shares worth RM3 billion — 2.31 billion shares at RM1.30 each — to acquire AAAGL

2.31 billion new AAX shares to acquire AAAGL will result in earning dilution or earning enhencing?

Is AAX proposed to acquire the aviation business for RM6.8 billion a financial enhencing or undermining?

Will AAX financially fall into PN17 after acquire the aviation business for RM6.8 billion?

AAV.BK - Asia Aviation Public Company Limited
Thailand - Thailand Delayed Price. Currency in THB
2.1800 -0.0200 (-0.91%)
At close: August 21 04:38PM ICT
Market Cap 28.013B

AirAsia Indonesia Tbk PT
IDX: CMPP
65,00 IDR +1,00 (1,56%)today
21 Aug, 14.55 WIB • Disclaimer
Mkt cap 683,85B

AAAGL hold: 40.71% AAV, 47.43% AA Indo Tbk PT and 97.71% unlisted PAA.
By right listed AAV and AA Indo Tbk PT is associate company of capitalA.

As at 31/12/2023 AA Indonesia Tbk PT and PAA
RM '000
Net (liabilities)/assets (2,389,344) (3,733,024)
Need capital injection.

CapitalA annual report:

13. Investment in subsidiaries (cont'd.)
Material partly-owned subsidiaries
Proportion of equity interest held by non-controlling interests:
Country of 2023 2022
Name of entity incorporation % %
IAA Indonesia 52.57% 52.57%
PAA Philippines 2.29% 60.00%
AAV Thailand 59.29% -


13. Investment in subsidiaries (cont'd.)
Material partly-owned subsidiaries (cont'd.)
Summarised income statements as at 31 December are as follows:
2023: 2022
IAA PAA AAV IAA PAA
RM’000 RM’000 RM’000 RM’000 RM’000
Revenue 2,025,803 1,767,199 3,361,088 1,138,141 827,520
Depreciation and amortisation (239,357) (184,015) (289,965) (188,126) (191,038)
Interest income 192 15 2,839 230 6
Interest expense (108,689) (101,539) (192,613) (97,235) (86,070)
(Loss)/profit before taxation (364,287) (472,560) 23,210 (487,986) (533,294)
Tax credit - - 4,023 - -
Net (loss)/profit for financial year (364,287) (472,560) 27,233 (487,986) (582,865)
Total comprehensive (loss)/profit (364,287) (472,560) 27,233 (487,986) (582,865)
Attributable to non-controlling interests (191,513) (10,803) 16,147 (256,534) (349,719)

Summarised statements of financial position as at 31 December are as follows:
IAA PAA AAV IAA PAA
RM’000 RM’000 RM’000 RM’000 RM’000
Non-current assets 1,627,381 908,863 8,094,574 1,409,615 709,801
Current assets 231,987 242,429 1,831,039 116,294 357,235
Non-current liabilities (2,283,702) (1,679,148) (6,223,938) (1,992,676) (1,021,560)
Current liabilities (1,965,010) (3,205,168) (2,573,670) (1,458,377) (3,100,251)
Net (liabilities)/assets (2,389,344) (3,733,024) 1,128,005 (1,925,144) (3,054,775)

Still dare not post his jaks holding?

https://klse.i3investor.com/blogs/Sslee_blog/2021-05-07-story-h1564320380-JAKS_What_should_I_response_Any_advice.jsp

And one of the complaint is about jaks related parties trade and other receivables multi-million impairment.

Very sad Mike-tikus promote jaks day and night 24/7/365 nonstop did not even attend AGM to hold BOD responsible, accountable and answerable.

Really a conman promoting a con company.

7293 YINSON 60,000 2.3813 2.7600 142,878.00 165,600.00 22,722.00 15.90

Dare to show your JAKS holding?

CapitalA
Quarter
Revenue
PBT
NP
NP to SH
EPS
NAPS
Financial Year: 31-Dec-2024
31-Mar-2024 5,241,398 -249,843 -244,279 -91,554 -2.20 -2.1100
Financial Year: 31-Dec-2023
31-Dec-2023 4,859,431 116,396 20,953 -159,567 -3.80 -2.0500
30-Sep-2023 4,231,447 -549,981 -468,736 -178,823 -4.30 -2.0000
30-Jun-2023 3,151,131 937,105 929,362 1,118,281 27.50 -2.0100
31-Mar-2023 2,529,713 29,890 26,014 57,095 1.40 -1.3300

Did CapA make any real and not paper profit in year 2023?
If make real profit then why NAPS become more negative?