Analysts indicate that as Industry participants seek phased implementation,Indonesia plans to gradually expand its authorized plan for increasing the biodiesel blending ratio starting from January 1, 2025.Indonesia plans to raise the mandatory palm oil inclusion ratio in biodiesel from 35% to 40%, known as the B40 mandate. This policy has triggered an increase in palm oil Futures and may further boost palm oil prices in 2025. Despite the repeated assurances from the government of Prabowo Subianto that the plan is set to be fully launched in 2025, Industry observers suggest,cost and technical challenges may lead to partial implementation in certain areas before a comprehensive implementation across the country's numerous islands.Senior officials at the Indonesian Ministry of Energy, Eniya Listiani Dewi, stated that the B40 mandate will not be implemented gradually, as biodiesel producers are ready to supply higher proportions of biodiesel.
$Crude Palm Oil Futures(MAR5) (FCPOmain.MY)$
It seems that the soybean-palm spread inversion is about to return to normal levels...

$SDG (5285.MY)$ $FGV (5222.MY)$ $BKAWAN (1899.MY)$ $KLK (2445.MY)$ $IOICORP (1961.MY)$ $GENP (2291.MY)$ $SOP (5126.MY)$ $JTIASA (4383.MY)$ $JPG (5323.MY)$ $THPLANT (5112.MY)$ $TAANN (5012.MY)$ $UTDPLT (2089.MY)$ $RSAWIT (5113.MY)$ $BLDPLNT (5069.MY)$ $TSH (9059.MY)$ $SWKPLNT (5135.MY)$ $HSPLANT (5138.MY)$ $TDM (2054.MY)$ $UMCCA (2593.MY)$ $SUBUR (6904.MY)$ $KRETAM (1996.MY)$ $FAREAST (5029.MY)$ $HARNLEN (7501.MY)$ $MKHOP (5319.MY)$ $WTK (4243.MY)$ $KMLOONG (5027.MY)$ $INNO (6262.MY)$ $CHINTEK (1929.MY)$ $MHC (5026.MY)$ $CEPAT (8982.MY)$ $NSOP (2038.MY)$ $SHCHAN (4316.MY)$ $AASIA (7054.MY)$ $RVIEW (2542.MY)$ $MATANG (0189.MY)$ $Crude Palm Oil Futures(MAR5) (FCPOmain.MY)$
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$NATGATE (0270.MY)$ Not only is the gross margin only a meager 2-3%, but also 40% of the money earned by the ai server has to be given to others. How much valuation would the market be willing to give for such weak profitability? PE40?

$NATGATE (0270.MY)$
Such performance really surprises me...

$Maybank Retail Money Market-I Fund (MYU0100A2266.MF)$
Seriously, study the financial instrument before u put in your hard-earned money. Learn the rules before u play the game!

Just found $NATGATE (0270.MY)$ The trade payable of 467 million is 172 million more than the trade receivable of 295. The sudden surge of the Malaysian currency should result in very high forex gains in the next performance, haha...
And fortunately, the 400 million from the pp was obtained after the surge of the Malaysian currency. The cost of buying imported parts such as CPU/GPU should be much cheaper in the future, haha...

$NATGATE (0270.MY)$ The performance is slightly lower than my estimated 30-40 million, the reason being that admin expenses unexpectedly doubled...
If we estimate based on an AI server costing RM1-1.5 million, the shipment volume for this quarter is probably only 300-400 units, which is not a lot. These few hundred AI servers cannot even fill up one of the rooms in a large datacenter...