Lmao

lol

Lol share price up but still complains about management.

80% dividend payout is way too high.

Good job

Jakarta Composite Index already broke out. Believe in Malaysia

In 2019, UBS said Malaysian economy is not going to recover for a long time as oil prices plummet since it was pegged to 70$ or 60$ per barrel (forgot the actual figure, but roughly the same number). Right now, fast forward to 2022, oil is trading near 120. With UMNO in power, the halcyon days of Malaysia will be back soon.

But the problem is, Malaysia is slowly emerging out of economic recession

Utilities stocks are recession-proof

At this point, just buy gold mine stocks.

Aeon Credit Is a neutral with a mid term target of RM16.00
Future catalysts include the eventual rate hikes and any signalling by BNM governor. Ringgit interest rate swaps continue to move to the upside with no signs of slowing down

We like Kuala Lumpur Kepong the most among other large cap plantation stocks due to better ESG scores and less news heat/coverage. Furthermore, plantation stocks will likely see peak valuation by Q3 - Q4 2022 as Jun contracts expire. Technical wise, the upside risks for palm oil remain apparent.

TSH Resources Berhad Maintain Overweight
With a short term target of RM2.20
Long term price target is RM10.00 based on projected earnings. We also think that TSH Resources Berhad together with all local plantation stocks will see higher upside by Jun 2022 as Palm Oil Jun contracts expire (currently the one with highest open interest). Plantation stocks might see peak valuation in Q3 - Q4 2022

Short term traders will probably unload on break-out but there is no reason Tambun should be trading below RM1.00. I have only found 1 similar property company with actual investment opportunities. Tambun is the very few property stocks that investors should pay attention to.

Tambun will outperform in Q2 2022. Personally I will hold until Jun after May earnings. Anyone selling at the breakout will deeply regret their decision.

Tambun Indah Land Berhad Maintain Overweight
With a medium term price target of RM1.40

Tambun has a lot of land value to unlock. As mentioned by @Shubok, they haven't fully developed the land near Batu Kawan Industrial Park. The few property stock to own since most of them are rubbish except this one

“Malaysian ringgit’s fundamentals remain supportive due to elevated commodity prices,” said Divya Devesh, head of Asean and South-Asia foreign-exchange research at Standard Chartered Bank in Singapore. “We expect dollar ringgit to trade in a wide 4.20-to-4.30 range in the second quarter, before recovering toward 4.20 by end of June on the back of Malaysia’s very strong trade surplus.”
One of the worrying signs for the ringgit is the retracement in oil prices even as the war in Ukraine continues to
rage. Crude has dropped about 20% from its peak set last month as lockdowns in China have cut the outlook for demand. Malaysia is an energy exporter.
Taken together, the dovish central bank and the uncertain outlook for oil suggest the ringgit will have a difficult time making any headway against the all-conquering dollar

Bloomberg | Macro

“Malaysian ringgit’s fundamentals remain supportive due to elevated commodity prices,” said Divya Devesh, head of Asean and South-Asia foreign-exchange research at Standard Chartered Bank in Singapore. “We expect dollar ringgit to trade in a wide 4.20-to-4.30 range in the second quarter, before recovering toward 4.20 by end of June on the back of Malaysia’s very strong trade surplus.”
One of the worrying signs for the ringgit is the retracement in oil prices even as the war in Ukraine continues to
rage. Crude has dropped about 20% from its peak set last month as lockdowns in China have cut the outlook for demand. Malaysia is an energy exporter.
Taken together, the dovish central bank and the uncertain outlook for oil suggest the ringgit will have a difficult time making any headway against the all-conquering dollar

Bloomberg | Macro

“Malaysian ringgit’s fundamentals remain supportive due to elevated commodity prices,” said Divya Devesh, head of Asean and South-Asia foreign-exchange research at Standard Chartered Bank in Singapore. “We expect dollar ringgit to trade in a wide 4.20-to-4.30 range in the second quarter, before recovering toward 4.20 by end of June on the back of Malaysia’s very strong trade surplus.”
One of the worrying signs for the ringgit is the retracement in oil prices even as the war in Ukraine continues to
rage. Crude has dropped about 20% from its peak set last month as lockdowns in China have cut the outlook for demand. Malaysia is an energy exporter.
Taken together, the dovish central bank and the uncertain outlook for oil suggest the ringgit will have a difficult time making any headway against the all-conquering dollar

Bloomberg | Macro

“Malaysian ringgit’s fundamentals remain supportive due to elevated commodity prices,” said Divya Devesh, head of Asean and South-Asia foreign-exchange research at Standard Chartered Bank in Singapore. “We expect dollar ringgit to trade in a wide 4.20-to-4.30 range in the second quarter, before recovering toward 4.20 by end of June on the back of Malaysia’s very strong trade surplus.”
One of the worrying signs for the ringgit is the retracement in oil prices even as the war in Ukraine continues to
rage. Crude has dropped about 20% from its peak set last month as lockdowns in China have cut the outlook for demand. Malaysia is an energy exporter.
Taken together, the dovish central bank and the uncertain outlook for oil suggest the ringgit will have a difficult time making any headway against the all-conquering dollar

Bloomberg | Macro

“Malaysian ringgit’s fundamentals remain supportive due to elevated commodity prices,” said Divya Devesh, head of Asean and South-Asia foreign-exchange research at Standard Chartered Bank in Singapore. “We expect dollar ringgit to trade in a wide 4.20-to-4.30 range in the second quarter, before recovering toward 4.20 by end of June on the back of Malaysia’s very strong trade surplus.”
One of the worrying signs for the ringgit is the retracement in oil prices even as the war in Ukraine continues to
rage. Crude has dropped about 20% from its peak set last month as lockdowns in China have cut the outlook for demand. Malaysia is an energy exporter.
Taken together, the dovish central bank and the uncertain outlook for oil suggest the ringgit will have a difficult time making any headway against the all-conquering dollar

Bloomberg | Macro

The man has spoken, Albukhary

Dude, @Albukhary.
Come we go have coffee near Bangsar.

Earnings wise, both companies are similar. One sells medium density, another one deals with chipboards. Chipboard is just another iteration of low density chipboards. It all boils down on the type of building materials contractors need and what furniture makers want. Raw materials cost will keep going up no matter what. Hevea is obviously the worst since revenue is only 127 million
There's one caveat to this. Chipboards are generally much more versatile than plywoods as it is both more environmentally friendly and flexible than the stronger, sturdier plywoods. ESG-wise, Mieco and Evergreen is a strong winner.

Furthermore, based on supply chain analysis, the biggest customer for Mieco is obviously Seng Yip Furniture and Spring Art Holdings. Furniture stocks have been doing great until recently.
Mieco will continue to outperform under the right market condition as it slowly tracks its industry peers such as Century Plyboards India (currently trading at 47.61x PER) and Greenpanel Industries Limited (trading at 32.01x PER). However, these are the competitors since they manufacture plywoods, not chipboards.

Technical wise, insiders bought close to 1% of the total volume. There only exists 19 other companies with similar profiles based on extensive screening such as positive earnings, sector cyclicality and more.

Therefore, my short term price target for Mieco Chipboard remains at RM1.20 based on ratios and earnings-driven indicators.
If all catalysts align with the macroeconomic factors/trends and with a possible market risk-on sentiment happening in second half of 2022, Mieco could hit

Ta-ann already recovered. This laggard

Correct, the news didn't even appear on my real-time news software. It is not a pertinent news, won't move plantation stocks. Useless news

When retail investors make money, the bankers will be overwhelmed with rage and fury.

When retail investors make money, the bankers will be overwhelmed with rage and fury.

Institutional investors will find any excuse for any sell-off for plantation stocks. They hate seeing retail investors make money

Institutional investors will find any excuse for any sell-off for plantation stocks. They hate seeing retail investors make money

No one gives a crap about Ferrero. Buy the news

Palm oil stocks will pump on December 2022

Didn't even see the useless news on my refinitiv

It's a useless, non-market moving news. 100% manipulation

I know you sold already

I followed you before @Xcalibre
I know your strategy. Paint negative view on a company after you have sold

Emm maybe delayed by a day lmao. @pang72 how are you doing today?

Albukhary the billionaire already bought. You don't think it can last?

Dude, stop using NTA as a fundamental indicator. Old-fashioned investment strategy

Palm oil stocks down is good for OFI

Best plantation stock hold

Of course it can last

Xcalibre works with the institutional sellers. This guy always appear when a stock is undergoing a correction

FCPO up means HOLD
FCPO down then BUY

Market maker suppresing the price again

Go go go

Texchem will hit peak valuation by July 2022

Construction company: SELL

Hold