KLSE (MYR): PPB (4065)
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Last Price
11.82
Today's Change
-0.04 (0.34%)
Day's Change
11.78 - 11.98
Trading Volume
313,100
This sudden plunge is unusual. Short selling? Negative news would surface unexpectedly soon?
1 month ago
maybe 3Q result is very bad. or funds switching stock. this counter is too boring funds manager cannot tahan. only epf is buying.
1 month ago
last monday closed at 14.10. dropped 1.10 in a week. can go down some more. no 2 in the top losers list today.
1 month ago
The drop is not as bad as feared, bad QR seems to have largely been reflected in the plunge earlier.
1 month ago
insiders selling before the announcement of results. what is bursa or security commission going to do about it? all talk only.
1 month ago
no more blue chip. more like casino chip. at least in casino sometimes you win some time you lose. this counter lose all the way. one hour into this morning trade already lost 14 sen. last friday lost 18 sen and broke rm13. looking at the chart in 2 months it has dropped rm2.
1 month ago
Opportunity buy for me!
Hopefully will get big harvest if I keep two/ three years
1 month ago
Dow Jones
Dow Jones Industrial Average
44,247.83
-154.10
0.34%
Nasdaq
NASDAQ Composite
19,687.24
-49.44
0.25%
1 month ago
Historically this stock has been supported by EPF. Now even EPF can't help to stop the rot
1 month ago
today hit lowest for the year at 12.58. down 22 sen. the management ought to go. but they won't. still getting their big fat salaries and perks while the shareholders suffer.
1 month ago
The 1 lot buy, 1 lot sell, always loser dompeilee aka domperrier can't stop losing money...lol...now talk like Robert kuok your uncle ah...hahaha.
Laosai lo....lol
1 month ago
Hahaha..You all can follow the queer dompeilee who goes by another guy's name domperrier in other forums... reverse indicator buy lor..she/he is always wrong...lol
1 month ago
down another 10 sen today. new low for the year. broke through all support. the worst plantation stock this year 2024.
1 month ago
This is a very old blue chip stock that is mostly held long term by old timers. I wonder what their confidence level is looking at the pathetic state of this stock now. Good luck to holders.
1 month ago
down another 14 sen. new low for the year. falling off the cliff with no bottom. chart show no support. free fall
1 month ago
PPB's share price closely follows Wilmar's performance, YTD Wilmar share price -13.9% [PPB -15.3%]
1 month ago
drop another 26 sen. broke through 12 easily. currently 11.86. why no share buy back? if the company is under value they should be buying back their own shares.
1 month ago
as we speak it drop another 10 sen. currently 11.76. the big boss is financially solid but maybe mentally not as sharp. the management team of ppb has been there far too long. they got complacent. its time for new blood to take the company further.
1 month ago
Bad quarterly report....
Lots of foreign selling!
Wilmar oso down
Prob affected by Adani group
N bad consumer business in China
1 month ago
Yes, Wilmar also a shadow of it's former self. Maybe loyal investors are starting to ditch PPB and move to other plantation stocks.
1 month ago
Technical Outlook - PPB (From Bottom to Breakout? Analyzing the Rebound Potential), #PPB, PPBGroup
https://klse.i3investor.com/web/blog/detail/bestStocks/2024-12-29-story-h496946958-Technical_Outlook_PPB_From_Bottom_to_Breakout_Analyzing_the_Rebound_Pote
3 weeks ago
Adani Wilmar Ltd (AWL) shares nosedived nearly 8% in early trading on Tuesday following Adani Enterprises' announcement to exit its joint venture with Singapore's Wilmar International. The decision will see Adani Enterprises sell its entire 43.94% stake in AWL. The move has triggered mixed market reactions, with AWL shares slipping 7.83% to Rs 303.70 on the Bombay Stock Exchange (BSE) in early trade.
3 weeks ago
Good if can buy below 11.....waiting
Posted by snowball2000
Now that 12 is taken out, will it reach 11.00?
2 weeks ago
if you can get below 11 it means the big boys are selling. beside epf there are other funds who are likely selling. i have already cut losses and will not be looking at this counter. over the last few days they were trying to support the counter but its too late. investors already lost confidence in the management. today drop 20 sen.
1 week ago
dompeilee
Luckily bought only 100 Wednesday...as usual...my style. Very useful to ringfence CASH in this kinda lousy mkt!👍
HOLDDDDD until long after R. Kuok passes away !
Averaged down another lot @ 11.84
2 days ago
PPB Group, which saw its share price dip to RM11.86 today, remains a company with strong fundamentals and a history of solid earnings. Its upstream earnings are expected to rebound in the coming quarters, supported by firm palm oil and sugar prices. While market volatility can be unnerving, it’s essential to remember that downturns are a natural part of the investment cycle. For long-term investors, staying focused on well-managed, debt-light, and dividend-paying companies like PPB is a sound strategy.
Navigating Near-Term Challenges
PPB Group is currently facing headwinds that have weighed on its performance and share price, including:
Inflationary Pressures: Operating costs across sectors such as manufacturing and consumer goods have risen.
Regulatory Setbacks: FFM Group, PPB's grains and agribusiness arm, was issued a RM42.7 million penalty by MyCC for infringing Section 4 of the Competition Act 2010, with payment required within seven days.
Declining Associate Contributions: Wilmar International Ltd, in which PPB holds an 18.8% stake, has delivered weaker contributions, particularly from its China operations and sugar division.
Segmental Revenue Pressures: Declines were observed in PPB's consumer products, film exhibition and distribution, and property segments, alongside the absence of contributions from its divested Indonesian flour operations (as of September 2023).
Despite these challenges, the question isn’t whether PPB will recover, but when.
Strategic Strengths and Future Prospects
PPB Group holds a competitive edge as Malaysia’s largest flour miller, benefiting from an extensive distribution network and economies of scale. The expected ample supply of wheat and lower raw material costs in ringgit terms could bolster profit margins in its flour milling business, a core revenue driver.
Wilmar International, PPB’s key associate, remains integral to its overall performance. While 2024 core net profit from Wilmar decline to about USD 1.25 billion due to challenges in its China operations and sugar division, earnings growth is anticipated in subsequent quarters. Improvements in global economic activity are likely to spur demand for food products, while higher crushing margins are expected to lift the performance of Wilmar’s feed and industrial product segments.
Moreover, Wilmar’s ongoing commitment to strengthening its existing operations and pursuing complementary business opportunities underscores its focus on long-term growth, which will, in turn, support PPB's bottom line.
Conclusion: Quality Through Volatility
PPB Group’s track record as a profitable, dividend-paying, and debt-light company underscores its resilience. While short-term volatility persists due to external pressures, the company is well-positioned to weather the storm. Investors with a long-term perspective should view this period as an opportunity to focus on the quality and intrinsic value of PPB, anticipating a rebound as global and internal challenges ease.
1 day ago
snowball2000
PPB's price is not done falling...
1 month ago