LOTUS KFM BERHAD
KLSE (MYR): LOTUS (8303)
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Last Price
0.15
Today's Change
0.00 (0.00%)
Day's Change
0.145 - 0.15
Trading Volume
315,000
Financial
Financial Year 2020
| Financial Year | Annual Audited Account | Annual Report | View | |
|---|---|---|---|---|
| Ann. Date | Ann. Date |
Discussions
1 person likes this. Showing 50 of 1,792 comments
The Board of Directors of Lotus wishes to announce that LKB Plantation Sdn. Bhd., a wholly-owned subsidiary of the Company, has on 23 September 2024 entered into a joint venture agreement with Cengal Abadi Sdn. Bhd., Rimbun Jelutong Sdn. Bhd., Sentosa Tropika Sdn. Bhd., Trillion Greenland Sdn. Bhd. and Tropika Intan Sdn. Bhd., for the harvesting and processing of bamboo chips/pellets.
1 month ago
Business is expanding well, it looks like can grab some when the price is low
1 month ago
The company has updated its official website. Looks nice ~
https://www.kfmb.com.my/
1 month ago
diversify is good since expansion into plantations can bring potential for growth in the future
1 month ago
Plantation business
Lotus and its subsidiaries (“Group”) had since early 2022 diversified into plantation businesses to
include the planting, harvesting and processing of fast-growing plants, including but not limited to Acacia
species, Gmelina species, Albizia species, Eucalyptus species and bamboo, into wood chips and bamboo
chips. As at the date of this announcement, the Group had acquired the rights-of-use/lease rights over
3,700 hectars (“ha”) of forest reserve lands/state lands situated in Negeri Kelantan and Negeri Perak
(“Lotus’ Lands”). The Proposed Joint Venture serves to expedite the subsisting planation business of
the Group, particularly on harvesting, processing and sale, through leveraging on the readily harvestable
lands of the JV Partners.
1 month ago
Lotus-WB will expire soon and we probably can see Lotus making a rebound after that
1 month ago
There will be some movement for sure after WB expired because QR will also be released during that period
1 month ago
A bullish signal from the RSI indicator is detected. Get ready for a rebound
1 month ago
0.15-0.16 great support & potential reversal range, worth entering at this point
3 weeks ago
Result out, Lotus's revenue maintained RM13.386m in the immediate preceding quarter as compared with RM13.780m for current quarter, while gross profit decrease from RM 0.574m to RM 0.398m due to high material cost
3 weeks ago
Masih boleh tahan keputusan ni. Amat teruja perniagaan bekalan bahan biotenaga dan operasi ladang hutan yg boleh membawah pendapatan yg lumayan kpd Lotus
2 weeks ago
If break 0.16 then fly towards 0.22, Lotus doubling down on biomass solutions and forest plantations.
2 weeks ago
Initial sales from the biomass segment have begun. This venture will enable LOTUS to tap into the global trend towards renewable energy
https://www.thestar.com.my/business/business-news/2024/11/29/lotus-kfm-eyes-growth-with-bioenergy-and-plantation-ventures?utm_source=chatgpt.com
2 weeks ago
Friday, 29 Nov 2024 The Star
6:50 PM MYT
KUALA LUMPUR: Lotus KFM Bhd is optimistic about its prospects, supported by its strategic diversification initiatives, including ventures into sustainable resources such as bioenergy material supplies and forest plantation operations.
“The group will continue to leverage its expertise and resources to navigate market challenges and seize opportunities in the coming year,” the flour producer said.
In the fourth quarter ended Sept 30 (4Q24), Lotus KFM reported a net profit of RM113,000, bringing its full-year net profit to RM154,000. Revenue for the quarter was RM13.8mil, contributing to a total revenue of RM50.7mil for the year.
“Despite a challenging start to 2024 our 4Q24 results reflect resilience and adaptability. The initial sales from our biomass segment mark an exciting step in our diversification strategy, laying the groundwork for enhanced revenue and profitability in the future.
“We are committed to further improving operational efficiencies and exploring growth opportunities to create long-term value for our stakeholders,” vice chairman Datuk Wong Sak Kuan said in a separate statement.
2 weeks ago
I think Lotus will rise after warrant conversion is completed ..
https://klse.i3investor.com/web/mktbzz/additional-detail/39049_68203999
2 weeks ago
Initial sales from Lotus biomass segment are laying the groundwork for improved revenue and profitability in the future, time for Lotus to leverage its expertise and resources to the next step
2 weeks ago
The push for the adoption of renewable energy sources globally is favorable for the bioenergy market and hence Lotus KFM has a bright outlook !
1 week ago
Revenue in Q4 was driven by early contributions from Lotus’s new biomass business and steady performance from its traditional flour and starch trading segment, Lotus TP 0.18
1 week ago
LOTUS is also engaging in forest plantation operations, including the harvesting and processing of bamboo chips and pellets. More revenue growth is coming
1 week ago
Ley q 15 cents
Possible 3-4 cents up
But 14 cents must support
Let see how it look in 10 trading days or before.
11/12/24 1.42pm
1 week ago
Biotenaga menawarkan margin yg lebih tinggi berbanding dgn sektor tradisional seperti pengilangan tepung dan perdagangan kanji 😉
1 week ago
Bioenergy materials like biomass pellets are in demand as industries seek carbon-neutral fuel sources
1 week ago
Lotus KFM eyes growth with bioenergy and plantation ventures. The initial sales from the company biomass segment mark an exciting step in the diversification strategy, laying the groundwork for enhanced revenue and profitability in the future.
1 week ago
lowest point now, should be safe entry point for this potential flour maker company
5 days ago
Gotta say, Lotus KFM’s ventures into sustainable sectors make it more attractive to institutional investors with ESG mandates 🤓
3 days ago
Friday, 29 Nov 2024
Lotus KFM
KUALA LUMPUR: Lotus KFM Bhd is optimistic about its prospects, supported by its strategic diversification initiatives, including ventures into sustainable resources such as bioenergy material supplies and forest plantation operations.
“The group will continue to leverage its expertise and resources to navigate market challenges and seize opportunities in the coming year,” the flour producer said.
In the fourth quarter ended Sept 30 (4Q24), Lotus KFM reported a net profit of RM113,000, bringing its full-year net profit to RM154,000. Revenue for the quarter was RM13.8mil, contributing to a total revenue of RM50.7mil for the year.
“Despite a challenging start to 2024 our 4Q24 results reflect resilience and adaptability. The initial sales from our biomass segment mark an exciting step in our diversification strategy, laying the groundwork for enhanced revenue and profitability in the future.
“We are committed to further improving operational efficiencies and exploring growth opportunities to create long-term value for our stakeholders,” vice chairman Datuk Wong Sak Kuan said in a separate statement.
3 days ago
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harvesting bamboo
1 month ago