Posted by Good123 > 2019-11-28 18:06 | Report Abuse

hope to see its share price to double in 2020 like drb and fgv this year. :)

Posted by Good123 > 2019-11-28 18:10 | Report Abuse

based on the information provided, it is very likely that its share price will double with its creative biz strategies from partnership with China largest courier group, working with drb for warehouse management and transportation of proton cars, etc, digital technology deployment, manpower redeployment, new rates next year, etc... share price will return to rm2-3 next year. confident :)

Posted by Victor Yong > 2019-11-28 20:46 | Report Abuse

Pos logistics can do more biz related to proton cars, etc from drb. KUALA LUMPUR (Nov 28): DRB-Hicom Bhd reported a net profit of RM40.08 million for the three months ended Sept 30, 2019, compared with a net loss of RM11.42 million a year ago, boosted by the better fortunes of its subsidiary Proton Holdings Bhd.

The group said its better profitability was helped also by an exceptional gain on disposal of its partial equity interest in Motosikal dan Enjin Nasional Sdn Bhd (Modenas) amounting to RM33.59 million, although its services sector was affected by the unfavourable results of Pos Malaysia Bhd.

Revenue rose 12.9% on-year to RM3.59 billion, from RM3.18 billion previously, contributed mainly by its automotive sector, its exchange filing today showed.

For the six-month period ended Sept 30, 2019, DRB-Hicom registered a net profit of RM86.29 million, versus a net loss of RM78.02 million in the corresponding period last year. Cumulative revenue rose 20.4% to RM7.03 billion, from RM5.84 billion previously.

DRB-Hicom, which changed its financial year end from March 31 to Dec 31, said it expects to achieve satisfactory operating results for the full financial year that covers a nine-month period ending Dec 31, 2019.

The group said it has been steadfast in improving its financial performance under the current challenging environment.

"Backed by its well performing automotive sector, the national carmaker Proton has underpinned this sector's growth with its market share increasing to 15.8% year-to-date from 10.8%. Apart from its first-ever sports utility vehicle, the X70, demand for other revamped models such as the Saga, Persona, Iriz and Exora has also boosted the brand's appeal to the market.

"This has enabled Proton to register as the second best-selling automotive brand in the country. Meanwhile, the group's other automotive marques will seek to gain momentum with year-end sales promotions," DRB-Hicom said.

For its other businesses, DRB-Hicom said the focus will remain on prudent cost management efforts and improving operating efficiency.

Particularly, for Pos Malaysia, the group said the challenging landscape is being managed with the application on tariff rebalancing which is expected to conclude positively to improve its overall performance.

DRB-Hicom shares closed 4 sen or 1.65% lower at RM2.39, with 2.95 million shares traded, valuing it at RM4.62 billion.

Posted by lee_m2020 > 2019-11-28 20:51 | Report Abuse

woowww...superb...

Posted by Victor Yong > 2019-11-28 21:45 | Report Abuse

Pos Akan Naik . Terbukti .coming :)

Particularly, for Pos Malaysia, the group said the challenging landscape is being managed with the application on tariff rebalancing which is expected to conclude positively to improve its overall performance.

Posted by Victor Yong > 2019-11-29 08:35 | Report Abuse

POS malaysia sudah mau bagi xmas gifts :) direct deal transactions. most recent one at rm1.86 :)

History
Date Price Change Dir-Volume Day Volume Dir-Value Day Value Avg Price % of Total Share Remarks
29/07/2019 00:00:00 1.8600 0.1100 60,000 60,000 111,600 111,600 1.8600 0.0077 -
28/11/2018 00:00:00 2.1500 -0.0400 5,000 5,000 10,750 10,750 2.1500 0.0006 -
16/10/2017 00:00:00 5.2500 -0.0800 292,400 292,400 1.535m 1.535m 5.2500 0.0374 -
13/10/2017 00:00:00 5.0780 -0.2120 2.540m 2.540m 12.898m 12.898m 5.0780 0.3245 -
03/07/2017 00:00:00 5.3000 - 253,500 253,500 1.344m 1.344m 5.3000 0.0324 -
21/06/2016 00:00:00 2.5290 -0.0310 1.436m 1.436m 3.632m 3.632m 2.5290 0.2674 -
04/12/2015 00:00:00 3.3600 - 109,100 271,500 366,576 912,240 3.3600 0.0203 -
04/12/2015 00:00:00 3.3600 - 162,400 271,500 545,664 912,240 3.3600 0.0302 -
24/08/2015 00:00:00 3.3700 -0.5600 18,000 18,000 60,660 60,660 3.3700 0.0034 -
24/07/2015 00:00:00 4.2000 -0.1300 5,000 5,000 21,000 21,000 4.2000 0.0009 -
20/07/2015 00:00:00 4.1001 -0.1999 6,666 6,666 27,331 27,331 4.1001 0.0012 -
02/09/2014 00:00:00 4.9000 0.0500 1,000 1,000 4,900 4,900 4.9000 0.0002 -
27/03/2014 00:00:00 4.7000 -0.0200 1,850 1,850 8,695 8,695 4.7000 0.0003 -
19/12/2013 00:00:00 5.4380 -0.0620 560,000 560,000 3.045m 3.045m 5.4380 0.1043 -
28/03/2013 00:00:00 4.2190 -0.0110 1.014m 1.014m 4.278m 4.278m 4.2190 0.1888 Cross Trade
27/03/2013 00:00:00 4.2180 -0.0020 1.309m 1.309m 5.521m 5.521m 4.2180 0.2437 Cross Trade
21/03/2013 00:00:00 4.1620 0.0120 500,000 500,000 2.081m 2.081m 4.1620 0.0931 Cross Trade
13/08/2012 00:00:00 3.0604 0.0004 1,192 1,192 3,648 3,648 3.0604 0.0002 Cross Trade
20/06/2012 00:00:00 2.6000 -0.1300 359,500 359,500 934,700 934,700 2.6000 0.0669 Cross Trade
22/07/2011 15:44:27 3.1700 -0.0200 200,000 200,000 634,000 634,000 3.1700 0.0372 Cross Trade
12/04/2011 14:23:42 3.5000 -0.0500 610,200 610,200 2.136m 2.136m 3.5000 0.1136 Cross Trade
18/03/2011 15:07:44 3.1500 0.0300 651,600 651,600 2.053m 2.053m 3.1500 0.1213 Cross Trade
10/03/2011 16:43:13 3.3600 0.3100 600,000 600,000 2.016m 2.016m 3.3600 0.1117 Cross Trade
08/03/2011 10:48:23 3.0500 - 500,000 500,000 1.525m 1.525m 3.0500 0.0931 Cross Trade
01/03/2011 12:15:04 3.1000 -0.0200 500,000 500,000 1.550m 1.550m 3.1000 0.0931 Cross Trade
09/11/2010 15:25:09 3.1800 -0.0200 1.170m 1.170m 3.721m 3.721m 3.1800 0.2179 Cross Trade
29/09/2010 16:17:08 3.2900 -0.0200 10,000 10,000 32,900 32,900 3.2900 0.0019 Cross Trade
24/08/2010 16:06:50 3.2000 -0.0300 40,000 40,000 128,000 128,000 3.2000 0.0074 Cross Trade
20/07/2010 15:06:28 3.2680 0.0680 40,000 40,000 130,720 130,720 3.2680 0.0074 Cross Trade
30/04/2010 17:05:08 3.0300 0.1500 5,000 5,000 15,150 15,150 3.0300 0.0010 Cross Trade
27/04/2010 17:05:08 3.0200 0.0300 10,000 10,000 30,200 30,200 3.0200 0.0020 Cross Trade
13/04/2010 17:05:07 3.2300 0.0500 50,000 50,000 161,500 161,500 3.2300 0.0090 Cross Trade
15/10/2009 17:05:07 2.0200 -0.2600 126,000 126,000 254,520 254,520 2.0200 0.0230 -
14/09/2009 11:01:16 2.3000 -0.0200 2.270m 2.270m 5.221m 5.221m 2.3000 0.4227 -
11/09/2009 10:49:01 2.3000 -0.0500 10.000m 25.000m 23.000m 57.500m 2.3000 1.8621 -
11/09/2009 10:48:27 2.3000 -0.0500 15.000m 25.000m 34.500m 57.500m 2.3000 2.7932 -
02/09/2009 15:18:44 2.1800 0.0600 1.176m 1.176m 2.563m 2.563m 2.1800 0.2189 Cross Trade
27/08/2009 17:05:09 2.2000 - 1.470m 1.470m 3.234m 3.234m 2.2000 0.2740 Cross Trade
19/08/2009 17:05:10 2.2400 - 1.700m 2.030m 3.808m 4.547m 2.2400 0.3170 Cross Trade
19/08/2009 17:05:10 2.2400 - 330,000 2.030m 739,200 4.547m 2.2400 0.0610 Cross Trade
23/06/2009 17:05:09 1.8600 -0.2800 9,250 9,250 17,205 17,205 1.8600 0.0020 Cross Trade
31/03/2009 17:05:10 2.1200 0.0100 209,000 209,000 443,080 443,080 2.1200 0.0390 Cross Trade
26/02/2009 17:05:10 2.1000 -0.0400 139,000 139,000 291,900 291,900 2.1000 0.0260 Cross Trade

Summary from 26/02/2009 to 29/07/2019
Highest Price 5.4380

Posted by Victor Yong > 2019-11-29 08:44 | Report Abuse

:)

Pos said it would revise its international postage rates in tandem with the increase by the Universal Postal Union starting January 2020 to align its operation cost.

The company guided for postage rates for delivery to increase by 30% to 210% starting next year, and may further increase by up to another 50% in 2021.

This is due to the US increasing its terminal dues rates, as well as other countries reaching an agreement to increase their own postal rates.

International mails/parcels make up about 5% of total postal traffic of Pos.

Posted by Victor Yong > 2019-11-29 08:49 | Report Abuse

Alright, kami percaya, Terima Kasih :) mau announce dah.

"The change in the global postal landscape has urged us to seek an urgent postal tariff regulation review from the government, which is expected to materialise by early 2020," Pos Malaysia group chief executive officer Syed Najib Syed Md Noor said in a statement filed with Bursa Malaysia.

Posted by Victor Yong > 2019-11-29 08:59 | Report Abuse

minister also says so :)

New tariffs to reverse Pos Malaysia's losses, says minister
https://www.thesundaily.my › local › new-tariffs-to-reverse-pos-malaysia-s...
Sep 12, 2019 - After 2010, there was supposed to be a small increase every three years. ... When the rate was increased in 2010, Pos Malaysia's earnings ...
You visited this page on 11/27/19.

Posted by Victor Yong > 2019-11-29 09:00 | Report Abuse

minister also says so, pasti jadi :)

New tariffs to reverse Pos Malaysia's losses, says minister
https://www.thesundaily.my › local › new-tariffs-to-reverse-pos-malaysia-s...
Sep 12, 2019 - After 2010, there was supposed to be a small increase every three years. ... When the rate was increased in 2010, Pos Malaysia's earnings ...
You visited this page on 11/27/19.

Posted by Victor Yong > 2019-11-29 09:04 | Report Abuse

Will be at multi-years high soon :) 2010 repeats itself :)

Pos M'sia at 3-year high on upcoming rate hike | The Edge ...
https://www.theedgemarkets.com › article › pos-m’sia-3-year-high-upcomin...
Apr 8, 2010 - KUALA LUMPUR: The inflow of news on Pos Malaysia Bhd of late brews ... The postal rate revision, which will take effect in July this year, will increase prices ... the hike could boost Pos Malaysia's prospective earnings per share by ... bottom-line by 38.5% and 174% respectively in 2011 against FY09 figures.

Posted by Victor Yong > 2019-11-29 09:08 | Report Abuse

retail investors can sell to KWAP, etc. :) Time to buy, not sell :)

Thursday, 28 Nov 2019

5:13PM POS KUMPULAN WANG PERSARAAN (DIPERBADANKAN) (60,000 units Acquired)


Wednesday, 27 Nov 2019

5:17PM POS KUMPULAN WANG PERSARAAN (DIPERBADANKAN) (10,000 units Acquired)

Posted by Victor Yong > 2019-11-29 09:11 | Report Abuse

Good proposal, every 3 years instead of 10 years... but durian runtuh money for investors once every 10 years pula :)

New tariffs to reverse Pos Malaysia's losses, says minister
https://www.thesundaily.my › local › new-tariffs-to-reverse-pos-malaysia-s...
Sep 12, 2019 - After 2010, there was supposed to be a small increase every three years. ... When the rate was increased in 2010, Pos Malaysia's earnings ...

Posted by Victor Yong > 2019-11-29 09:22 | Report Abuse

Pos's top management is smart, work with China's Courier Giant. Willing to share, etc. Hopefully swap shares too. :) Great achievement!

**************The next phase will be expanded into synergistic sharing of assets and new product development.

The aim is to provide SMEs and consumers with an enhanced customer experience through a seamless cross-border delivery services at an affordable price.

The memorandum of intent was penned by Syed Md Najib and STO Express International CEO Danny Liu. Pos Malaysia chairman Datuk Yasmin Mahmood and STO Express International chairman Zhu Qun witnessed the event.

STO Express International is part of the STO Express Group, a China-based courier giant which is headquartered in Shanghai, China. Established in 1993, STO Express operates in more than 50 countries with over 300,000 employees, recording 17 billion yuan (RM10.2 billion) in revenue in 2018, having handled 5.1 billion parcels.******************


Pos Malaysia partners China’s STO Express for international courier services

Monday, August 5th, 2019 at , Business | News

It will help SMEs accelerate the growth of e-commerce in the country and contribute positively to the GDP, says Syed Md Najib

By TMR

POS Malaysia Bhd has entered into a collaboration with STO Express International Co Ltd, a China-based express business leader to jointly explore crossborder cooperation.

The cooperation will provide the businesses in the South-East Asia especially to the small and medium enterprises (SMEs) within the region, an end-to-end logistics platform with improved efficiency in international courier services at an affordable rate. This positions Malaysia as a gateway to the Asean region.

Pos Malaysia group CEO Syed Md Najib Syed Mohd Noor said both Pos Malaysia and STO Express International are leaders in the courier, express and parcel segment in their respective countries, so this tie-up will strengthen their positions through the exchange of best practices and technology in establishing an end-to-end logistics platform for SMEs, as well as individual consumers, thus providing a one-stop solution platform for international courier services.

“This will help SMEs accelerate the growth of e-commerce in the country and contribute positively to the GDP.

“Both parties will fully realise their common vision and goals in building a faster, stable, transparent, comprehensive and customised product and service offerings by cross leveraging their current infrastructures from logistics, warehousing and best practices in the South-East Asia. In time, the services will be offered to other countries including the US and Europe.

“This serves as a catalyst of business growth in the area of e-commerce and it will further propel SME businesses to expand in the South-East Asia market. In fact, it will be an excellent ground to promote Malaysian products into China and vice versa,” he said in a statement last Friday.

The project kick-off will include the integration of information technology system between both companies and the launch of the pilot delivery model plan by the middle of this month.

The next phase will be expanded into synergistic sharing of assets and new product development.

The aim is to provide SMEs and consumers with an enhanced customer experience through a seamless cross-border delivery services at an affordable price.

The memorandum of intent was penned by Syed Md Najib and STO Express International CEO Danny Liu. Pos Malaysia chairman Datuk Yasmin Mahmood and STO Express International chairman Zhu Qun witnessed the event.

STO Express International is part of the STO Express Group, a China-based courier giant which is headquartered in Shanghai, China. Established in 1993, STO Express operates in more than 50 countries with over 300,000 employees, recording 17 billion yuan (RM10.2 billion) in revenue in 2018, having handled 5.1 billion parcels.

Posted by Good123 > 2019-11-29 10:00 | Report Abuse

China's STO Express to go public in $2.6 bln reverse takeover deal

 

Dec 1 (Reuters) - Chinese delivery firm Shentong (STO) Express has closed a 16.9 billion yuan ($2.6 billion) reverse takeover deal with a Shenzhen-traded valve maker, a fast-track way of becoming the first major express parcel service to be publicly listed.
Zhejiang IDC Fluid Control Co Ltd said in an exchange filing on Tuesday it would acquire STO Express, raising 4.8 billion yuan in a private placement to fund the acquisition and other projects. Meanwhile, Zhejiang IDC will sell all of its debt and assets to Ultra Linkage Limited.
An STO Express executive told Reuters in October the company had been planning the 'back-door' listing for years to bypass China's lengthy initial public offering (IPO) process.

ADVERTISEMENT

The move allows investors to buy into the fast-growing logistics sector being driven by China's booming e-commerce market, led by giant Alibaba Group Holding Ltd.
The express delivery sector grew around 50 percent each year between 2010-2014 and handled 14 billion parcels last year, State Post Bureau data show. But it has remained elusive for investors due to the dominance of private and state-owned firms.
State-owned China Postal Express

Posted by Good123 > 2019-11-29 10:01 | Report Abuse

syabas, pos, dapat partner China terbaik :)

Posted by Good123 > 2019-11-29 10:03 | Report Abuse

STO Express says it delivers one in six parcels in China. (Reporting by Hong Kong and Singapore newsrooms; Writing by Jake Spring; Editing by Mark Potter)

Posted by Good123 > 2019-11-29 10:14 | Report Abuse

for remembrance in 2010.

The postal rate revision, which will take effect in July 2010, will increase prices for domestic postage stamps for standard mail of up to 20 gram from 30 sen to 60 sen, while for up to 50 gram, it will be revised from 40 sen to 70 sen. This translates to a 100% and 75% increase respectively.

Posted by Good123 > 2019-11-29 10:16 | Report Abuse

analysts will be revising valuation soon after the revision like 2010. According to AmResearch, the hike could boost Pos Malaysia’s prospective earnings per share by 168% for financial year 2010 (FY10F) and 60% in FY11F. It said earnings before interest, taxes, depreciation and amortisation (Ebitda) margin was expected to rise to 23% next year from 15% in FY09. This could further improve to 29% in FY11 as the full year effect of the hike materialises.
Although the rate hike could erode sales further given the already declining volume from the dominance of the electronic communications media, OSK Research said yields on mail items would ultimately jump 80%, thus boosting revenue and bottom-line by 38.5% and 174% respectively in 2011 against FY09 figures.

Posted by Good123 > 2019-11-29 10:17 | Report Abuse

better late than never :)

Posted by Good123 > 2019-11-29 10:24 | Report Abuse

expecting a sudden surge in volume traded and price after new rates implemented with analysts' new forecast valuations soon

Posted by Good123 > 2019-11-29 10:25 | Report Abuse

sekarang condemn, nanti puji sampai gigi pun tak nampak :)

Posted by Good123 > 2019-11-29 10:34 | Report Abuse

retained earnings was more rm500mil as at 30.9.2019, next year untung balik, dividend restarts :) if pos mau pay dividend now pun takda masalah :)

Posted by Good123 > 2019-11-29 10:38 | Report Abuse

cash generated from operations rm10mil , net cash from operating activities rm33mil ... up to 30.9.2019 :)

Posted by Good123 > 2019-11-29 10:38 | Report Abuse

net assets per share rm2.08

Posted by Good123 > 2019-11-29 10:39 | Report Abuse

cash flow while waiting for new results n new strategies bear fruits. tak payah takut

Posted by Good123 > 2019-11-29 10:56 | Report Abuse

dividen juga dah bagi :)

Final Dividend

POS MALAYSIA BERHAD
EX-date27 Sep 2019Entitlement date30 Sep 2019Entitlement time05:00 PMEntitlement subjectFinal DividendEntitlement descriptionFinal single tier dividend of 4 sen per ordinary share in respect of the financial year ended 31 March 2019Period of interest payment  to  Financial Year End31 Mar 2019Share transfer book

Posted by Good123 > 2019-11-29 11:44 | Report Abuse

good4pos logistics.

Auto and auto parts sector
Maintain neutral: Proton Holdings Bhd stood as the champion in October as its sales volume rose by 87% year-on-year (y-o-y) to 9,500 units ( 9% month-on-month [m-o-m]). Notably, Proton’s cumulative 10 months of 2019 (10M19) sales volume of 79,000 units ( 46% y-o-y) already exceeded its annual sales volume over the past three years. Also, Proton solidified its grip on the second place in the Malaysian auto market with a market share of 16% in 10M19 (10M18: 10.8%; Honda’s market share in 10M19: 14.4%). Judging from strong bookings of the face-lifted Saga and popular demand for the X70, we believe Proton is poised to achieve its sales target of 100,000 units in 2019. Elsewhere, Perusahaan Otomobil Kedua Sdn Bhd’s (Perodua) sales volume was also commendable at 22,800 units ( 17% y-o-y; 34% m-o-m) in October, driven by strong demand for its key models (Myvi,
Axia and Aruz). We learnt that Perodua had delivered over 10,400 units of the face-lifted Axia based on the accumulated 20,000 bookings received since the launch of the model in mid-October.
Due to stronger demand for local cars, Japanese car sales volume continued to slump in 10M19, with Toyota down 6% y-o-y, followed by Honda (-18% y-o-y), Nissan (-34% y-o-y) and Mazda (-22% y-o-y; current backlog: 1,500 units). Similarly, the premium segment also saw a lacklustre performance in 10M19, with sales volumes of BMW/MINI and Mercedes-Benz falling by 17% y-o-y and 25% y-o-y respectively in 10M19. On a monthly basis, sales volume of most key carmakers (excluding BMW/MINI) picked up as September 2019 was a shorter working month and, we believe, consumers withheld their purchases in anticipation of the announcement of Budget 2020.
We maintain our “neutral” rating on the auto and auto parts sector. Our top pick is MBM Resources Bhd for its appealing valuation. Key risks to our sector call include: i) higher-/lower-than-expected car sales volume; ii) tighter/looser bank lending policies; iii) intensifying price competition; iv) fluctuations in the exchange rates of the ringgit to the US dollar and the yen; v) delays in new car pricing approvals; and vi) a worse-than-expected economic slowdown that affects market sentiment. — Affin Hwang Capital, Nov 28

Posted by Victor Yong > 2019-11-29 12:29 | Report Abuse

Good move for investment, lending money, etc. create an apps to buy and sell gold online with live info...Can franchise it :)


Pos ArRahnu is our one-stop gold centre. Starting as a gold
asset-based micro-financing provider, Pos ArRahnu
successfully transformed into a one-stop gold centre that
provides micro-financing services, buying and selling of
physical gold, retailing of gold jewellery and safe-keeping of
gold. This year, Pos ArRahnu operated from a total of 80
outlets located within selected post offices.
We will continue to expand ArRahnu business given its
significant value proposition and potential to contribute
towards Pos Malaysia’s growth.

Posted by Good123 > 2019-11-29 12:34 | Report Abuse

pos arRahnu is innovative like a platform to invest in gold, borrow money , buy jewellery, etc. potential to grow big. pos and bank islam also controlled by drb. good synergy to sapu bersih the market :)

Posted by Good123 > 2019-11-29 12:38 | Report Abuse

good for pos arRahnu to go digital to become a fintech e.g. money lending , gold investment, etc semua ada

Posted by Good123 > 2019-11-29 12:39 | Report Abuse

pos has many data of users.. gold mine belum pergi gali :)

Posted by Good123 > 2019-11-29 12:45 | Report Abuse

overall market in red but pos in green. :)

Posted by aventusone > 2019-11-29 13:55 | Report Abuse

I still holding Pos. And duno what to do. 5 consecutive quarter lost, and you think its serious? LG Korea can tahan 18 consecutive quarter of lost. LoL

Posted by Victor Yong > 2019-11-29 14:03 | Report Abuse

Your 5 Qs wait will be over pretty soon. Persevere, in the money soon :)

Posted by aventusone > Nov 29, 2019 1:55 PM | Report Abuse

I still holding Pos. And duno what to do. 5 consecutive quarter lost, and you think its serious? LG Korea can tahan 18 consecutive quarter of lost. LoL

Posted by Victor Yong > 2019-11-29 14:05 | Report Abuse

Harvest time Kian dekat, jangan lari, rugi :)

Posted by Victor Yong > 2019-11-29 15:39 | Report Abuse

Fgv continues to make losses but share price doubled from 52-week
Because investors look at future value due to continuous improvement and better pricing for its products. Same things for pos.


KUALA LUMPUR (Nov 28): FGV Holdings Bhd narrowed its net loss to RM262.41 million for the third financial quarter ended Sept 30, 2019 (3QFY19), from RM849.46 million in the previous year's corresponding quarter, amid lower impairments.

The group attributed the loss for the quarter to impairments amounting to RM304 million, lower crude palm oil (CPO) price realised and losses in the sugar business.

For comparison, the group made asset impairments amounting to RM788 million in 3QFY18.

The plantation group's revenue increased 11% during the quarter to RM3.55 billion from RM3.19 billion in the previous year's corresponding quarter, despite the sharp decline in CPO price and lower average selling price for sugar.

CPO prices averaged at RM1,983 per metric tonne (MT), it said, which was 11% lower than the average CPO price realised of RM2,224 per MT in the previous year's corresponding quarter.

The plantation sector posted a 15% increase in fresh fruit bunch (FFB) production to 1.24 million MT from 1.08 million MT in 3QFY18.

It saw a marginal increase in its CPO oil extraction rate during the quarter, which supported a 21% increase in CPO production to 832,000 MT, versus 689,000 MT in the previous year.

The better production volumes and operational efficiencies resulted in lower ex-mill costs of RM1,500 per tonne for the quarter, compared with RM1,852 per tonne in 3QFY18.

The downstream sector also saw improved performance, with the gross profit margin for the palm kernel processing business improving to 7%, compared to 2% in 3QFY18.

Meanwhile, the sugar segment posted RM220 million of loss for 3QFY19, versus a profit of RM22 million in the previous corresponding quarter, due to an impairment of RM145 million for property, plant and equipment.

The business was also hit by a 3% and 4% decline in average selling price for MSM Malaysia Holdings Bhd's domestic and industry segments respectively, which was attributed to an increase in the issuance of approved permits.

For the nine months ended Sept 30, its net loss was lower at RM317.98 million, compared with its net loss of RM871.77 million a year earlier, while revenue fell 1% to RM10.1 billion to RM10.2 billion.

In a statement, FGV group chief executive officer Datuk Haris Fadzilah Hassan said the group's transformation plan was bearing fruit, evidenced by the significant improvement in operational performance.

"With higher CPO price in the fourth quarter, our improving operational numbers bode well for the future," he added.

FGV shares fell two sen or 1.61% to RM1.22, giving a market capitalisation of RM4.45 billion.

Posted by Victor Yong > 2019-11-29 16:04 | Report Abuse

some analysts just write based on textbooks, no biz experience before. same as fgv, around 60sen+, wrote badly, doubled in share price, started to be positive... same thing will happen to pos, mark my words :)

Posted by Victor Yong > 2019-11-29 16:08 | Report Abuse

if ikut desk-based analysts' writing, all these major shareholders sudah lari :)

ANALYSIS OF
SHAREHOLDINGS
as at 28 June 2019

No. Name of Shareholders No. of Shares %
1 MAYBANK NOMINEES (TEMPATAN) SDN BHD
KUWAIT FINANCE HOUSE (MALAYSIA) BERHAD FOR HICOM HOLDINGS BERHAD (410984)
225,030,030 28.75
2 CARTABAN NOMINEES (TEMPATAN) SDN BHD
DRB-HICOM BERHAD
172,997,399 22.10
3 KUMPULAN WANG PERSARAAN (DIPERBADANKAN) 56,946,600 7.27
4 CITIGROUP NOMINEES (TEMPATAN) SDN BHD
EMPLOYEES PROVIDENT FUND BOARD
52,672,388 6.73
5 MAYBANK NOMINEES (TEMPATAN) SDN BHD
MTRUSTEE BERHAD FOR CIMB ISLAMIC DALI EQUITY GROWTH FUND
(UT-CIMB-DALI)(419455)
26,716,400 3.41
6 HICOM HOLDINGS BERHAD 20,720,721 2.65
7 AMANAHRAYA TRUSTEES BERHAD
AMANAH SAHAM BUMIPUTERA
10,626,600 1.36
8 URUSHARTA JAMAAH SDN BHD 7,218,400 0.92
9 HSBC NOMINEES (ASING) SDN BHD
JPMCB NA FOR VANGUARD EMERGING MARKETS STOCK INDEX FUND
6,417,600 0.82
10 CARTABAN NOMINEES (ASING) SDN BHD
EXEMPT AN FOR UNION BANCAIRE PRIVEE, UBP SA, SINGAPORE BRANCH
6,000,000 0.77
11 HSBC NOMINEES (ASING) SDN BHD
JPMCB NA FOR VANGUARD TOTAL INTERNATIONAL STOCK INDEX FUND
5,086,190 0.65
12 CARTABAN NOMINEES (ASING) SDN BHD
EXEMPT AN FOR STATE STREET BANK & TRUST COMPANY (WEST CLT OD67)
4,370,100 0.56
13 CITIGROUP NOMINEES (TEMPATAN) SDN BHD
EMPLOYEES PROVIDENT FUND BOARD (CIMB PRIN)
4,216,200 0.54
14 HSBC NOMINEES (TEMPATAN) SDN BHD
HSBC (M) TRUSTEE BHD FOR CIMB ISLAMIC DALI EQUITY THEME FUND
3,607,600 0.46
15 CITIGROUP NOMINEES (TEMPATAN) SDN BHD
EMPLOYEES PROVIDENT FUND BOARD (RHB INV)
3,345,000 0.43
16 MAYBANK NOMINEES (TEMPATAN) SDN BHD
NATIONAL TRUST FUND (IFM EASTSPRING) (410140)
3,000,000 0.38
17 CITIGROUP NOMINEES (TEMPATAN) SDN BHD
VALUECAP SDN BHD
2,922,300 0.37
18 CITIGROUP NOMINEES (ASING) SDN BHD
CBNY FOR DFA EMERGING MARKETS SMALL CAP SERIES
2,674,200 0.34
19 CARTABAN NOMINEES (ASING) SDN BHD
EXEMPT AN FOR RBC INVESTOR SERVICES TRUST (CLIENTS ACCOUNT)
2,499,091 0.32
20 CIMB GROUP NOMINEES (TEMPATAN) SDN BHD
CIMB BANK BERHAD (EDP 2)
2,205,000 0.28
21 CITIGROUP NOMINEES (TEMPATAN) SDN BHD
EMPLOYEES PROVIDENT FUND BOARD (ARIM)
2,000,000 0.26
22 MIDF AMANAH INVESTMENT NOMINEES (TEMPATAN) SDN BHD
PLEDGED SECURITIES ACCOUNT FOR MOHAMED FAHMI BIN MOHAMED ILYAS
(CTS-MFM0010C)
2,000,000 0.26
23 CITIGROUP NOMINEES (TEMPATAN) SDN BHD
EMPLOYEES PROVIDENT FUND BOARD (CPIAM EQ)
1,800,000 0.23
24 MAYBANK NOMINEES (TEMPATAN) SDN BHD
BANK KERJASAMA RAKYAT (M) BERHAD (412803)
1,792,000 0.23
25 CITIGROUP NOMINEES (TEMPATAN) SDN BHD
KUMPULAN WANG PERSARAAN (DIPERBADANKAN) (PRINCIPAL EQITS)
1,784,000 0.23
26 UOB KAY HIAN NOMINEES (ASING) SDN BHD
EXEMPT AN FOR UOB KAY HIAN PTE LTD (A/C CLIENTS)
1,761,677 0.23
27 CIMB ISLAMIC NOMINEES (TEMPATAN) SDN BHD
PRINCIPAL ISLAMIC ASSET MANAGEMENT SDN BHD FOR LEMBAGA TABUNG HAJI
1,627,300 0.21
28 AMSEC NOMINEES (TEMPATAN) SDN BHD
PLEDGED SECURITIES ACCOUNT FOR KOK CHIN SIANG
1,591,000 0.20
29 MAYBANK NOMINEES (TEMPATAN) SDN BHD
MAYBANK TRUSTEES BERHAD FOR RHB CAPITAL FUND (200189)
1,495,000 0.19
30 HSBC NOMINEES (ASING) SDN BHD
JPMCB NA FOR EMERGING MARKETS SMALL CAPITALISATION EQUITY INDEX
NONLENDABLE FUND
1,275,400 0.16
TOTAL 636,398,196 81.31

Posted by Victor Yong > 2019-11-29 16:11 | Report Abuse

look at gpackets, showing losses more than 2 years, before the recent quarterly profit, already doubled in price. same thing. pos will be profitable immediately, after the new tariff is implemented :) 10 years without revision, it is a joke

Posted by Victor Yong > 2019-11-29 16:12 | Report Abuse

a cup of kopi ten years ago, how much, now how much? :)

Posted by Good123 > 2019-11-29 16:35 | Report Abuse

great, pos is still in green now

Posted by Good123 > 2019-11-29 16:35 | Report Abuse

most GLCs juga turun Hari ni

Posted by Good123 > 2019-11-29 16:36 | Report Abuse

overall market in green nanti, boleh jump lagi tinggi :)

Posted by Good123 > 2019-11-29 16:37 | Report Abuse

rasa investors tunggu berita kadar baru

Posted by Good123 > 2019-11-29 16:38 | Report Abuse

buy n hold hingga kadar baru

Posted by Good123 > 2019-11-29 16:39 | Report Abuse

retail investors juga tak sanggup lepaskan syer murah2 :)

Posted by Good123 > 2019-11-29 16:40 | Report Abuse

sudah tahu kadar baru bulan depan announce, jual sekarang, memang tak waras

Posted by Good123 > 2019-11-29 16:48 | Report Abuse

syer mau naik, kadar baru out , jual, memang tak siuman :)

Posted by Good123 > 2019-11-29 16:48 | Report Abuse

jual jika takda duit makan nasi :)