This is the time to go AGM and see what is the company plan to improve the Sabah land. Plantation is not 1 year business. It is 20 years business. If they decide to sell off the land like how SDP sell Liberia. then different cas.e

Guys , impairment loss only. Can reverse the impairment once the CGU is performing. Now need to see what type of transformation program to the Sabah land. Their OER is increasing.

Had you take into consideration the yield of the company? OER and KER?

During the quarter, a provision for deferred tax of RM19,776,000 was made in respect of Real Property Gain Tax
("RPGT") on the fair value of investment properties. However, the provision will not affect the realised income of the
REIT.
pg 7 of bursa announcement.

Profit or loss a bit hard to say. You can say CPO price increase, profit might increase. Don't forget about the interest the company need to pay for Sabah land acquisition. I think just KIV this stock until the Sabah land is planted with high yield planting materials.
If most fruit can fetch 27% OER, then most probably turnaround the company.

Seem like the market is not reacting to the latest result. Maybe is optimistic with Quarter 4 result ??hmmm

Well, hope the fruits in Sabah land will help to turnaround the company.
The land purchased in Sabah really eat up the company slowly.If Q4 result is a loss, the company should consider alternative plan. The interest is eating up the company earnings.

fgvnewbie Asia88 you short is it? Why drop after your post? << No

EGM. EGM

Don't like that ykloh. Plantation business is cyclical business unless they diversify to downstream or other business. But i really doubt on the new land acquired by the company.

The AGM is on 28 November 2019. I haven't go yet.

Timinlcw production increasing , CPO also increase , so Q3 will be better than Q2 <<
Q3 result will be lost also. CPO price increase above RM2,200 in November. So do expect a lost in the company. It will be surprise if they make money in Q3. If their bottomline is CPO price above 2k, then we can start to invest in this company.

Q3 will be lost also. If Q4 should be gain. Be patient.

You got any question to raise to management ? I might go to the AGM.

Interesting AGM today where MSWG Director and EPF representative attend the meeting today.

Seem like haze really affected the production of FFB.

run run.

Mind to disclose?

Herbet Chua: You seem to know a lot at poultry industry. What is your occupation ?

Boss pakai Lambo o. Don't know use own money or company money buy.

No for the moment. I will wait for cheaper price.

Income distribution lesser as the occupancy rate drop.

Moneykj1 : Up to you to comment. I see values in the company but you don't.

Moneykj1 : You must be kiddo and keep slander me. You are not professional based on comment above.

1. IIUM
Let me tell you in general terms in a project. When the project owner is dissatisfied with the condition of the project, project owner have the right to ask the main contractor to complete it according to the specification until it fulfil all the condition precedents set in the agreement.

Hence, if we foresee the situation in the case, i am reasonably believe that the project owner is not satisfy with the progress of the main contractor that lead to delay for years.

Why the project owner want to delay the progress for years

CFO resign. How come......

Moneykj1 : Aiyo, get your facts right. Had you went to IIUM campus before?

Today announcement Zelan won BBCC arbitration award of abt rm 3 million. This shows zelan project team professionalism that certified claim documents are well managed and filing.. <<If they are professional enough, BBCC would have pay them on the work they perform.

Johnchew KUALA LUMPUR (March 11): Zelan Bhd has initiated arbitration proceedings against NRY Architects for as much as RM305.4 million over the construction of buildings for the International Islamic University Malaysia (IIUM) in Kuantan.

Zelan said in a stock exchange filing today that NRC had breached a contract signed in May 2013 with Zelan’s wholly-owned unit, Zelan Construction Sdn Bhd.

This is the reason why Zelan recurring yearly concession payment on IIUM project do not commence from 2016 until Nov 2018.. 3 year losses n opportunity losses..
29/08/2019 11:15 PM <<< Are you sure? NRY Architects is not the party responsible to pay concession payment to Zelan.

Why not you collect more and wait for the management to bring the company to greater height?
This company is still making money every year.

BAT_ : Your english equally poor. You don't see the issue arising. The issue is high illegal cigarette in the market.

Let me give you another example: Many people buy bubble tea recently. However, not all bubble tea seller is making money as we can choose to drink the one at ss15 instead of other places.

Problem they are facing is illegal cigarette. You can have many smokers but how many buy the one with taxes? 60% of cigarette sold in Malaysia is illegal one.

4iiii Only you don't. 1 of out of 5 not many? Perhaps drinkers less.

Asia88 Guys, the problem now is illegal cigarette. Not many smokers.
13/08/2019 2:35 PM
14/08/2019 11:53 AM

Why you didn't come and shoot this year?

Guys, the problem now is illegal cigarette. Not many smokers.

I will wait and see for your shooting in next year AGM.

Is shit man. Drop so much.

Go put at RM0.20. I will collect it. Thanks.

Who is KKJ , Ku Hon?

Just wait for tomorrow or early next week for the announcement. I don't think the distribution will be better than 0.0423 as one of the building is vacant.

Kalaihselvan Krishnan Sack the CEO for not delivering result. << Please go to AGM and cast your vote when there is re-election of director.

Spider68: You got money to buy up to 51% or not. 328 million share floating in the market. If you want to buy up to 51% rmb to prepare RM100 million to buy it.

You got how many Mikro shares? Come sell to me at RM0.21

Sell it lo.

koyokui Buy zelan << One way trip to Holland?

Any door gift?

Any door gift?

This year is the shortest AAX Agm since IPO.

money2alvin Dear Marihome, thanks for update. Do u know the ticket can fly to which country? << Fly to any airasia x destinations.

Yes. All in HPMT now before you regret.

KNS, who is so idiot to sell it at loss.