slow & steady, like this type of uptrend, outlook definately good

Jtiasa shares no sell
Dont create fake news..

It seems company has an new potential project WISE

Extract:-
"另外，加拉鲁丁受询及西怡保大道（WISE）计划时指出，该项受建议兴建的大道全长60公里，从霹州务边至江沙，该局正与相关公司作最后的协商讨论，预计在今年尾可以完成各项谈论。

他补充，一旦有了最终定案，当局便会宣布."

https://www.chinapress.com.my/20230916/%E5%89%A9%E6%9C%80%E5%90%8E30%E5%85%AC%E9%87%8C%E8%B7%AF-%E8%A5%BF%E6%B5%B7%E5%B2%B8%E5%A4%A7%E9%81%93-%E6%96%99%E6%98%8E%E5%B9%B4%E9%80%9A%E8%BD%A6/

Yesterday after CEO bought in @ RM 0.63 finally this share stabilize.
Is it an indication that this stock has reached the bottom..?

kacau kacau epf disposal
do you know how to invest?
dispose potential stock like Biport
stxp*d

https://oilprice.com/Energy/Energy-General/IEA-Claims-Global-Oil-Demand-Will-Peak-Before-2030.html

price remains fairly stable at RM 1.32, index drops, it won't drop
volume quite ok
bottom formation and consolidation
today date 12 Sept 2023

MIDF RESEARCH (AUG 29): We attended Padini Holdings Bhd’s virtual briefing and remained optimistic about its FY24’s outlook. The salient highlights include Padini’s high inventory level in 4QFY23. The inventory for 4QFY23 was at RM433.2 million compared to RM137.3 million in 4QFY22. Management highlighted that the impact of slightly higher inventory is manageable, with an inventory turnover of around four months (143 days as at 4QFY23).

In 4QFY23, same-store sales growth decreased by 2%, a notable contrast to the 41% same-store sales growth seen in 3QFY23. However, SSSG for the full year, 12MFY23, increased by 29%.

Average basket size (ABS) remained relatively stable in 4QFY23, with the blended ABS at approximately RM100 per basket, similar to 4QFY22. Meanwhile, ABS for free-standing stores ranged from RM80 to RM90 in 4QFY23.

Padini’s gross profit margin increased from 38.5% in 12MFY22 to 39.4% in 12MFY23. This was primarily due to price hikes on certain products over the years. Looking ahead, management aims to maintain the gross profit margin in the range of 38%-39% so as to stay competitive in pricing while retaining customers.

https://www.chinapress.com.my/20230911/%E7%BE%8E%E5%9B%BD%E8%B5%8C%E5%9C%BA%E4%BC%A0%E5%A5%BD%E6%B6%88%E6%81%AF-%E6%8A%95%E8%A1%8C%E5%96%8A%E5%8A%A0%E7%A0%81%E4%BA%91%E9%A1%B6%E5%A4%A7%E9%A9%AC/

https://theedgemalaysia.com/node/681995

Kenanga favours Bintulu Port due to its steady income stream from handling liquefied natural gas (LNG) cargoes for Malaysia LNG Sdn Bhd (which typically accounts for nearly 50% of its earnings), potential earnings growth if Bintulu Port is granted a significant increase in its port tariffs, and Samalaju Industrial Port's huge growth potential supported by increasing investment in heavy industries at Samalaju Industrial Park.

top up some @ RM15.60

Extract:-

"On a bright note, the RM18 billion Lotte Chemical Indonesia Ethylene (LINE) project in Indonesia is seen as a key catalyst for LCT upon its completion in 2025, as it is set to propel the group into the top three companies in the industry in Southeast Asia, with the other two being Thailand-based Siam Cement Group pcl and PTT Global Chemical pcl."

Still not the right time to buy this shares
From the info above need to wait until 2025..

https://theedgemalaysia.com/node/680419

https://theedgemalaysia.com/node/681460

Do you notice that Aji Japan Holding company share price not affect by nuclear waste dumping..?
So why we worry for the recent downtrend..
top up some @ RM 15.90 rare opportunity

tongwong8, excellence performance.
any undervalued stock recommend?

one of the best reliable stock in klse
you can have no money to buy other stocks
but you die die need to borrow some money to collect some if you don't have money..

too bad, nuclear waste dumping
japanese co image tarnish
worst still if raw materials contaminated..

This stock you need to have holding power.
die die hold until the day the sun shines
one day it will
but when..?

Still optimistic. With 70k metric tonne from the Ivory Coast plant (5-year tax free status) expected in 2H and a full-year contribution in FY24F, we remain optimistic on GUAN’s prospects. The Schokinag operations should continue to show strong performance from lower input costs and higher ASPs. The 16k tonne annual capacity of industrial chocolate plant in United Kingdom is also expected to start production in 2H23 as part of GUAN’s strategy to diversify into the higher-margin industrial chocolate marke

Buy in

https://www.rfi.fr/cn/%E4%B8%AD%E5%9B%BD/20230902-%E6%97%A5%E6%9C%AC%E9%A6%96%E6%AC%A1%E5%9C%A8%E5%A4%84%E7%90%86%E6%B0%B4%E4%B8%AD%E6%A3%80%E6%B5%8B%E5%87%BA%E9%AB%98%E4%BA%8E%E6%97%A5%E5%B8%B8%E5%80%BC%E7%9A%84%E6%94%BE%E5%B0%84%E6%80%A7%E7%89%A9%E8%B4%A8

Like this, you accept or not?

Omg falling knife
Kill & flash out strong holders..

Hopefully the project will go on smoothly as scheduled

Section 7(now completed with 62%) slow progress is due to the soft ground. The mgt is taking reasonable steps to ensure that it will be completed on or before 31 March 25

Btw, there is a alternative Jkr road that connect Section 6 to Section 8 if section 7 is closed for construction.

The above info is from CEO from Wce during 30 Aug 23 Agm

As per Agm on 30 Aug 23
The project to be fully completed on the financial year ended 31 March 2025( i.e the latest proposed completion time)

https://www.klsescreener.com/v2/news/view/1196269

Are you satisfied with this info presented in Agm yesterday?

Login



FINANCE See all articles

Waiting to receive first oil: the Armada Sterling V FPSOPhoto: SP OIL & GAS
FPSO contractor caught up in troubled India project gets some relief
Bumi Armada is hopeful that first oil at Cluster 2 will be achieved this October

30 August 2023 8:32 GMT UPDATED 30 August 2023 8:37 GMT
By Russell Searancke in Oslo
Malaysian floating production contractor Bumi Armada has received some relief linked to its financial obligations on the heavily-delayed KG-DWN-98/2 Cluster 2 deep-water project in India.

Bumi has a 30% interest in a joint venture with Shapoorji Pallonji Energy, which is supplying the Armada Sterling V floating production, storage and offloading vessel for Cluster 2 on a lease and operate basis...

https://theedgemalaysia.com/node/680686

.. the land hearing process for the remaining 0.1% relating to 8 lots of section 3 has been completed and the payment to the land owners are currently being finalised and pay by the end of this year..

Good news from the AGM today by CEO:-

"About 99.9% of the land acquisition for the entire project has been completed"

yes, i will attend it this afternoon, hoping mgt can give us strong confident no private placement or right issue..

Very good comment @ Zhuge Liang

https://theedgemalaysia.com/node/680229

https://www.theborneopost.com/2023/08/26/bintulu-port-holdings-reports-lower-operating-revenue-in-latest-financial-results/

https://perak.sinchew.com.my/20230824/%E8%B5%9B%E8%8E%AB%E7%BA%B3%E5%8F%A4%E7%9B%8A%EF%BC%9A%E4%B8%80%E6%97%A62%E5%B7%A5%E7%A8%8B%E7%AB%A3%E5%B7%A5-%E8%A5%BF%E6%B5%B7%E5%B2%B8%E5%A4%A7%E9%81%93%E8%BD%A6%E6%B5%81%E9%87%8F%E5%B0%86/

Commentary
a Prospects



The Group’s core manufacturing and distribution businesses continue to perform well in the second quarter of 2023, driven by the Group’s commitment to sales
growth, new product development, brand management, customer service and operational efficiency. Demand for pharmaceuticals, consumer healthcare
products and medical devices remained firm in the first half of 2023, supported by the sales momentum from 2022.
Business prospects for the Group’s Penang-based associate SAG remain unchanged from the first quarter. A portion of the proceeds received by SAG from the
divestment of equity in SA to Quadria Capital has been paid to shareholders as dividends and the Group is actively evaluating opportunities to invest dividends
received in new business projects. Details will be announced should these materialize.
For the second half of 2023, the Group expects the business environment to be more challenging as economic growth in our key markets slows. However, the
Group is confident that its proven and well-placed fundamentals, business development strategies, as well as new opportunities in consumer health, halal
certification and international markets are expected to support performance. Barring any unforeseen circumstances, the Group expects to deliver a satisfactory
result in 2023 and is confident that its longer-term growth prospects remain positive.

Six months ended 30 June 2023 compared to six months ended 30 June 2022
The achieved profit before tax of RM60.20 million for the first half of year ended 30 June 2023, is
lower by RM25.44 million (29.71%) compared to first six months of year ended 30 June 2022 of
RM85.64 million.
The Group’s operating revenue of RM364.22 million for the first six months ended 30 June 2023
is lower by RM28.05 million (7.15%) compared to first six months of preceding year. Revenue
generated from port’s services at Bintulu Port is RM277.09 million as against RM291.84 million
during the first six months of preceding year. Samalaju Industrial Port generated RM66.98 million
of revenue compared to RM81.37 million of revenue generated during the first six months of
preceding year. The revenue from bulking facilities is RM20.15 million as against RM19.06
million during the period under review

Quarter Ended 30 June 2023 compared to Quarter Ended 30 June 2022
The Group registered a profit before taxation amounting to RM28.56 million in the current
quarter against RM29.42 million achieved in the preceding year corresponding quarter.
The Group’s operating revenue of RM176.32 million for the current quarter is lower by RM17.84
million (9.19%) compared to RM194.16 million achieved in the corresponding quarter. The
revenue recorded from port’s services at Bintulu Port is RM131.80 million in Q2 2023 as compared
to RM145.43 million achieved in Q2 2022 due to lower revenue from handling of LNG cargo and
marine services to DPS. The revenue generated from the operation at Samalaju Industrial Port
during the quarter under review is RM34.55 million against RM39.46 million in the
corresponding year quarter. The revenue from bulking facilities is RM9.97 million as against
RM9.27 million in Q2 2022

Extract from QR 2 2023 as at 30 Jun 2023

A13. Significant Events
The 30-years concession period of Bintulu Port Sdn. Bhd. (“BPSB”) under the Privatisation
Agreement had ended on 31 December 2022. The Government through Unit Kerjasama Awam
Swasta (“UKAS”) vide letter dated 8 October 2014 had in principle approved the extension of
concession for BPSB to operate Bintulu Port for another 30 years (2023 – 2052) subject to terms
and conditions to be agreed upon by the parties.
Previously, on 24 November 2022, BPSB has entered into an initial Interim Agreement with the
Government of Malaysia and Bintulu Port Authority (“BPA”) to continue the operation of
Bintulu Port during an Interim Period of six (6) months which expired on 30 June 2023.
In furtherance to this, BPSB has entered into a Second Interim Agreement with the Government
of Malaysia represented by Ministry of Transport Malaysia and BPA whereby the official
handing over ceremony was held on 15 August 2023 in Bintulu. This follows the initial
notification dated 11 April 2023 on the Cabinet’s approval for BPSB to continue operating the
Bintulu Port for an Interim Period ("IP") of twelve (12) months starting from 1 July 2023 and to
end on 30 June 2024.

The Second Interim Agreement formalises the aforementioned twelve (12) months extension and
provides an option for a further six (6) months extension thereafter.
The parties are still in the midst of negotiating the terms and conditions of the new concession
agreement.
There were no other material events subsequent to the end of the reporting period that have not
been reflected in the financial statements.

Topped up some 1.28
This stock you need to have very strong patience because it is forming the bottom.
Guess the bottom formation is nearly completed
It will anytime push up. Now it only 欠东风。。

30.6.2023 Q1 result, Profit before tax = RM 16,051,000
31.3.2023 Q4 result, Profit before tax = RM 9,537,000

Q to Q comparison, Profit before tax actually is Increased by 16051-9537/9537 = 68%

https://www.nst.com.my/business/2023/08/946328/hibiscus-proposes-five-two-share-consolidation-manage-price-volatility

https://www.orientaldaily.com.my/news/business/2023/08/23/591063

Definitely choose Pchem
I also already bought some Pchem in my portfolio and waiting to buy more if it further drop below RM 6..
Avoid Lctitian, bad mgt couple with value trap

Let see how QR performance

Next Monday good or not, first time facing counter trf from Ace market to main board with declining profit..