April 2022 Performance

 

SHARES ADDED

• Pohuat @ RM1.45

PACKAGING

BPPLAS is doing OK but Thong Guan Industries is luckluster. I have been holding for almost 1 year. Apart from small dividen, Thong Guan share price is flat. Indeed a very long term investment...zzzzz. 

 

FURNITURE

Add more Pohuat shares as I am optimistic on the coming Q result. Hevea is turning to profit after holding for 1 year. There still room for the price to go up. Generally furniture industry will be the next cycle of boom!

PLANTATION

This sector still performing very well because high CPO price. United Plantation has released their Q1 results which is lower than expected. The lower profit was due to hedging effect in which CPO price rose too fast in March 2022. However, I am confident that United Plantation will perform within a year because CPO furture contract is hovering aroung RM6k-RM7k. The company will catch up the CPO price very soon.  

INNOPRISE share price has apprecaited more than 80%. I still keep some shares for its dividen.

OTHER

The biggest surprise is CSC Steel. Appreciated approx 35%. The company also declare 14 cents dividen. Based on the purchase price of RM1.30 the yield is 10%!!

FAVCO and Samchem are flat. KAWAN share price has appreciated 7%. The company is also buying land for warehouse and factory expansion. Will keep an eye on this company.

FINANCE

ELK-DESA and Takaful are poor performers. Very disappointed especially Takaful.  RCE has appreciated a little. The only consolation is coming dividen from ELK-DESA and RCE.