Stay focus!
Myeg is potentially a beneficiary of trade war.
Why? More foreign workers needed.

Everyone queuing to buy esos shares

If you have time, visit the Myeg Tower Powerhouse that houses many disruptive companies.

The more disruptive the better.

Disruptive investments by Myeg. Potentially windfall.
- Studios Agmo
- Fashionvalet
- Hurr TV
- Ximmerse
- Stampede Solution
- PT Cartenz
- Jingle Magic
- EForce

Strong dollar is good when overseas sales are increasing.

Happy to hold more
Defensive and resilient business model.

Good return on dividend.
Better than FD.

Export sales saving domestic sales.
Q2 results resilient considering tough environment.
Decent operating cashflow.

New Chairman soon

Sad to see the ESOS!

Who bought? What price? Still has stake 31%.

Another volume game is the automotive industry that Myeg is benefiting.
We have 50k to 60k new car added every month notwithstanding the existing number of car already on the road. Just go taman-taman to see yourself the number.
You need road tax and insurance right?

And it is trade war very potential beneficiary!
Many producers move to Malaysia. ECRL and MRT3 projects kick start going to require services from Myeg.

If needed, the company can settle all borrowings with 6 months cash flow. That is how strong the cash flow generation it has been.
Note the company has spent RM121 million for its treasury shares in less than a year.

http://cartenzgroup.com/
Make sense.

The more disruptive the better!
Investment exposure by Myeg:
1. Investment in an entity engaged in online fashion boutique business
2. Investment in an entity engaged in providing computer, mobile software and information technology services.
3. Investment in an entity engaged in providing debt collection system, telecommunication services, computer
software, hardware and related accessories.
4. Investment in Ximmerse.

At least 80 mil gain hidden in treasury shares and still counting.

与迪士尼合作的Ximmerse又来了！推出全新AR交互系统Rhino
http://www.kaixian.tv/gd/2019/0628/484227.html

Jokowi 2rd term will prosper Indonesia to next level. The market there is huge and very potential. Real move by myeg started.

2018年，Ximmerse完成了由广发信德领投，联想创投、马来西亚MYEG、和石投资、长策投资跟投的A2轮融资，金额8000万元人民币。

Ximmerse推出全新AR系统Rhino X
https://m.weizenet.com/n/2605

Plantation Sector - News flow for week 3 – 7 June
Author: AmInvest | Publish date: Mon, 10 Jun 2019, 11:32 AM
Bloomberg reported that futures prices for soybean and canola meal in China have been surging as the Chinese eat more chicken and duck, driving demand for poultry feed. Consumers in China are looking for alternative sources of meat protein as the African swine fever affects hogs. Bloomberg quoted an industry expert as saying that China’s demand for poultry feed is expected to increase by 20% this year. This coupled with the growth in fish farming are envisaged to compensate for the fall in demand for meal from the hog industry.
Bloomberg also reported that planting progress of corn and soybean in the USA continues to disappoint as a result of the heavy rains in the Midwest. According to the USDA, corn planting in the US was 67% completed as at two Sundays ago compared with 96% at the same time last year. Soybean plantings were only 39% completed vs. market expectations of 42%. Currently, the USDA forecasts planted areas of 92.8mil acres for corn and 84.6mil acres for soybean in the US in 2019F/2020F.
Reuters reported that China has agreed to take palm oil worth nearly US$150mil from Malaysia in a barter deal. Malaysia will export US$144.9mil worth of palm oil, representing about 200,000 tonnes to China. In return, Malaysia will receive construction services, natural resources products and civil and defence equipment from China.
Reuters also reported that Total, the French oil and gas company, is set to commission a biodiesel refinery using palm oil. The refinery in southern France will start production in two weeks. The commissioning of the biodiesel plant has been delayed a few times due to opposition from the farmers. The biodiesel plant has a production capacity of 500,000 tonnes per year. Total has committed to using less than 300,000 tonnes of CPO per year at the biodiesel plant. The rest of the feedstock will consist of oils coming from other plants and recycled fats.
Bloomberg said that China plans to store cargoes of American soybeans bought earlier this year that have yet to be delivered. The soybeans will be sent to boost state stockpiles instead of being processed. According to the USDA, China has yet to receive 6.9mil tonnes of US soybeans. China purchased the soybeans from December 2018 to March 2019 during a temporary truce on the trade war with the US. After trade war talks soured, China has turned to supplies from South America.
Xinhua reported that China’s soybean and pork imports from the USA have declined sharply due to the trade war while those from other countries have been growing. The Ministry of Commerce said that pork imports from the US fell by 53.6% YoY in 4M2019 while pork imports from Spain, Canada and the United Kingdom rose by more than 10%. China’s soybean imports from the US declined by 70% YoY in 4M2019 while those from Brazil jumped by 46.8%.

Already dived 70% but will yield says 3% to 4%. Got any?

https://gapki.id/wp-content/uploads/2019/05/PALM-OIL-STATISTIK-DATA-2019-MARET.jpg

https://www.thestar.com.my/business/business-news/2019/05/08/we-are-not-palm-oil-enemy-says-french-envoy/

Good to see export sales pick up.

Very resilient business model. Sales can up while overheads should remain largely unchanged.

Very resilient business model. Sales can up while overheads should remain largely unchanged.

HLI when listed 4b?
QL now more than 11b?

Yes Jokowi Yes IDR

https://www.malaysiakini.com/news/472370

The abandoned Putrajaya-Kajang link may be revived with an LRT line, according to a report in The Star Online.Works had begun on a monorail line connecting Putrajaya to Kajang, but construction was abandoned in 2004 due to cost constraints.However, the report said it may now be revived as an LRT line at the cost of around RM2 billion. If it proceeds, the line would be the fourth such line in the greater Klang Valley.In contrast, the LRT3 line from Bandar Utama to Klang will cost RM15.02 billion.According to The Star, the lower price tag is due to civil infrastructure works having been completed with the abandoned monorail project.“While it may take about six months to a year before project development begins, I can confirm that the government wants to proceed with the project,” a source was quoted as saying.At present, the MRT1 line terminates in Kajang, while the under-construction MRT2 line will terminate in Putrajaya. Both originate from Sungai Buloh.A Putrajaya-Kajang connection would complete the loop.'MRT2, HSR, ECRL and LRT4 in Putrajaya'There have been a number of proposals to revive the abandoned link over the years.The previous BN government had also considered linking Putrajaya and Kajang through a tram system.The Star report said that if the LRT4 plan proceeds, it will be under the oversight of local authority Putrajaya Corporation and the Federal Territories Ministry.Though initially deemed a white elephant project, Putrajaya's population has since grown substantially.Apart from the MRT2 line and the possible LRT4 line, the East Coast Rail Link will also have a station in Putrajaya, as will the Kuala Lumpur-Singapore High-Speed Rail, the construction of which is postponed until 2020.

Business flow gonna to increase tremendously.

sowsc1987 kajang 2 的位置正正在bangi 的旁边，now kajang 2 station 就是未来的Bangi/kajang station ??
15/04/2019 3:53 PM

Very likely as it has space.

IDR resilient .. good to MKH repaying its debts. Soon it will be liquidated.

https://theguardiantribune.com/palm-oil-market-in-depth-analysis-to-understand-the-competitive-outlook-of-the-global-industry-with-future-estimations/

https://www.thesundaily.my/opinion/palm-oil-needs-a-makeover-EY753767

Stock is not enough to cover a month export.
https://gapki.id/wp-content/uploads/2019/04/SIARAN-PERS-GAPKI-2-APRIL-2019.jpg

https://www.bloomberg.com/news/articles/2019-04-03/india-2019-monsoon-seen-below-normal-on-el-nino-threat-skymet
India’s June-September monsoon, which delivers more than 70 percent of the country’s annual rainfall, is likely to be below normal this year as the El Nino weather pattern may impact rain, Skymet Weather Services Pvt. said on Wednesday.

Precipitation during the rainy season is forecast to be 93 percent of the long-term average of about 89 centimeters (35 inches), said Jatin Singh, managing director of the New Delhi-based private forecaster. That compares with a preliminary prediction for normal showers. El Nino is likely to be the reason for below-normal showers, Skymet said.
Key Insights
The annual four-month rainy season is critical to the country’s agricultural sector as it affects summer and winter crop sowing and waters more than half of all farmland.
In the event of too little rain, farming suffers, families go hungry and power plants go dark.
India is the world’s second-biggest producer of rice and wheat, the top grower of cotton and the biggest importer of palm oils.
Get More
The forecast has a 5 percent margin of error, Skymet said.
India has a 55 percent chance of a below-normal monsoon, 30 percent probability of normal showers and a 15 percent chance of a drought.
The Pacific Ocean has become strongly warmer than average. The model projections call for an 80 percent chance of El Nino during March-May, dropping to 60 percent for June to August, the forecaster said.
“The savior factor could be Indian Ocean Dipole, which is likely to be in the neutral or positive phase during the Monsoon. Thus, it may be able to absorb some of the El Nino blues and possibly would support rainfall during the second half of monsoon."
June is likely to have a “very sluggish start” and deficit rains are likely to spill into July, Skymet said, adding that the second half of the season would see better rainfall.
East India is likely to be at a higher risk of getting deficient rain, especially during the first half of the monsoon season.
Showers are expected to be 77 percent of the long-term average in June, 91 percent in July, 102 percent in August and 99 percent in September.
(Updates to add details in ‘Get More’ section.)
UP NEXT

Neste’s palm oil and PFAD supply chain data for year 2018 published
https://www.webwire.com/ViewPressRel.asp?aId=238594
Interesting piece!

https://www.beritasatu.com/ekonomi/546485/gapki-stok-menipis-angkat-harga-cpo

https://www.brecorder.com/2019/04/02/485074/indonesia-feb-palm-oil-exports-rise-17pc-y-y-gapki/

Not flying stock but can sleep well. Price will likely climb over next two quarters. Many assets ripe to produce more income.

Thanks for update. Feel good AGM. Double steady. Double the dividend.

Sure.
The Chairman is hoping for an eventful year. Fingers crossed.

Can share any update?

No one attended the AGM today morning?

KYY did the exactly same thing as in HY

history repeating ...

Valuation not justified.

Bearish outlook! Cash Out!