today quite quiet market lol..

still solid price now, can coillect cheaper

just wait for it boys

already seen alot of pDOOH on grabcar around KL, probably more to come to other area too

always got snake in the market.. sssss

morning brothers.. let people say what they want, stock price is stable

ESG issue?

https://www.theborneopost.com/2021/06/19/palm-oils-tussle-with-esg/

THE Malaysian palm oil industry has had its long-standing struggle with environmental, sustainable and governance (ESG) matters long before the term came about.

As the world’s most produced and traded edible oil, palm oil’s versatility can be seen through its use in a wide range of food and non-food products, which led to the remarkable palm oil consumption growth.

A commonly used vegetable oil, it also well known for its high crop yield. Both traits combined makes the crop an important source of economic growth and livelihoods especially for its top two producers, Indonesia and Malaysia.

However, palm oil is often linked with negative social and environmental issues, such as the large amount of greenhouse emissions and land deforestation that occur as a result of palm cultivation.

This bad reputation was further exacerbated this year when US Customs and Border Protection (US CBP) banned imports from three of Malaysia’s firms on suspicions of forced labour.

The US CBP has said it found forced labour indicators such as excessive hours, abusive living and working conditions, debt bondage, intimidation, physical and sexual violence, as well as retention of identity documents.

The three are Top Glove Corporation Bhd from the rubber gloves sector; and FGV Holdings Bhd and Sime Darby Plantations Bhd from plantations.

But contrary to its stigma, palm oil is the most efficient crop in terms of oil yield to land use, said Kenanga Investment Bank Bhd (Kenanga Research) analysts Marie Vaz and Adrian Kok.

yes yes, compare peer to peer with different industry

market had lesser investment choices, now that people doubting this industry is good, meaning not many people in yet

haha, i never seen him publish useful data

The past year’s OAAA/Harris Poll research has consistently shown consumers are noticing OOH more than ever. The Spring 2021 study showed 41 percent of consumers reported noticing OOH ads more than pre-pandemic, and the increased notice rate jumped to 59 percent in urban cities of one million or more in population.

Increased OOH advertiser spend is now generating a parallel trend as OOH advertising revenue increased 38 percent in the second quarter of 2021 compared to the previous year, totaling $2.0 billion. Digital OOH is leading the overall OOH recovery, and the segment jumped almost 80 percent compared to Q2 2020.

https://oohtoday.com/ooh-produces-impressive-38-growth-in-q2-2021/

this theme is still strong guys

The out-of-home (OOH) media segment suffered its worst-ever drop in revenue in 2020, plunging 13.3 percent to $51.6 billion from 2019 — yet another victim of the global COVID-19 pandemic. But according to one media analyst’s predictions, the industry is poised to bounce back quickly and effectively between 2021 and 2025, thanks to an explosion of digital technology and advances in programmatic offerings.

PQ Media, an independent media analyst firm founded by CEO Patrick Quinn, is forecasting that global OOH ad revenue will grow 6.6 percent in 2021 to reach just over $55 billion, which still falls short of 2019’s total of just under $60 billion. However, PQ also predicts OOH will experience a compound annual growth rate (CAGR) of 7.3 percent between 2021 and 2025, fueled mostly by digital growth from a number of categories. PQ predicts global DOOH media revenue will rise at a 12.2 percent CAGR to eventually reach $25.0 billion in 2025, which will account for 34.2% of all OOH ad spend.

“While the economic damage wrought by the pandemic squelched a decade-long expansion that was building further momentum going into 2020, our research indicates that OOH media, and particularly DOOH media, is poised for strong growth in the second half of 2021, as the healthcare, transit, and corporate/education venue categories are expected to surge ahead with accelerating double-digit growth in 2022,” said Quinn in the report.

https://digiday.com/media/pq-media-predicts-digital-out-of-home-growth-will-fuel-the-industrys-recovery-after-its-worst-drop-ever/#:~:text=According%20to%20the%20PQ%20report,total%20U.S.%20OOH%20ad%20revenue.

TP 3 short term ?

strong closing, thanks market

interesting case.. low trade volume and no one is selling?

support @ 2.80 level..