SHARES ADDED
- ATRIUM @ RM1.45
- WellCall @ RM1.20
- Pohuat @ RM1.40
- United Plantation @ RM15.00
PACKAGING
Both BPPLAS and ThongGuan had released their Q4 results. Stellar performance but share price does not appreciated much. ThongGuan on the other hand drop due to resin price concern as Crude Oil already more than USD100 per barrel. I am not too concern as both companies are financially stable and will be able to pass on the resin cost to customers.
FURNITURE
Generally flat across the board. I added Pohuat as the company has successfully back to profit again from both Malaysia and Vietnam operations. The company has annouced 2 cents dividen. It will take at least 2-3 quarters before the price move up again. Hence this is good time to add Pohuat shares.
PLANTATION
My best earning in first quarter 2022 is from plantation. I added United Plantation for its stable dividen income (more than 7%) which ex-date is in April. The CPO price is still very high @ RM6000 per tonne due to supply shortage and Ukrain-Russia war. There is still room for share price appreciation as average CPO price last year was around RM5,000 for most plantation companies.
OTHER
SamChem and CSC Steel perform well. CSC Steel has appreciated more than 20% which suprised me.
FAVCO and Kawan do not changed much. They will need some time to appreciate.
FINANCE
ELK-DESA and Takaful are still flat. RCE has appreciated a bit. The dividen for ELK-DESA and RCE will come soon.
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