Fly higher...

CPO futures to trend higher next week
TheStar Sat, Jan 11, 2020 11:46am - 26 minutes ago


KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trend higher next week on better demand following last-minute buying from the Chinese market ahead of Chinese New Year.

Singapore-based Palm Oil Analytics owner and co-founder Dr Sathia Varqa said exports to the country will drive higher supply in the near term.

"China needs to buy the crop at least next week because it usually takes 10 to 12 days for the commodity to arrive in the country before Chinese New Year on Jan 25, ” he told Bernama.

Furthermore, Sathia said the market sentiment was also supported by the finalisation of the phase one trade deal between the US and China expected to be signed soon.

"Supportive external event of US-China trade deal next week will give a positive momentum to CPO prices, ” he said.

For the week just ended, the market was mixed on weaker production as well as the reinstatement of the CPO export tax on Jan 1 and restriction on imports of refined palm oil and palm olein by India.

On a Friday-to-Friday basis, the CPO futures contract for January 2020 rose RM21 to RM3,131 per tonne, February 2020 expanded RM19 to RM3,145, March 2020 increased RM18 to RM3,134 and April 2020 added RM12 to RM3,110 per tonne.

Weekly turnover increased to 288,983 lots from 164,912 lots in the previous week, while open interest rose to 279,059 contracts versus 267,359 contracts.

On the physical market, the CPO price for January South gained RM20 to RM3,140 per tonne. - Bernama

At this price, the glass is only half full for pinepac

https://www.cnbc.com/2020/01/03/oil-prices-surge-after-reports-that-a-key-iranian-general-was-killed-in-iraq-airstrike.html

Dnex will move higher, oil could hit usd80 if tensions escalate

https://www.cnbc.com/2020/01/03/oil-prices-surge-after-reports-that-a-key-iranian-general-was-killed-in-iraq-airstrike.html

Dnex will move higher, oil could hit usd80 if tensions escalate

https://www.cnbc.com/2020/01/03/oil-prices-surge-after-reports-that-a-key-iranian-general-was-killed-in-iraq-airstrike.html

Oil price spike, CPO follows... Tdm fly..

Don't think anything wrong with this counter. In fact I think it's a big bad bull. Hard headed and tough. When u got that much cash in the bank, in a boom sector and js got a clean slate for the new year... You can move anytime when you feel. In an up or down market, Pinepac has a value of not less than rm1.

Trend for the 1H
1. Plantation CPO rebound
2. Energy stocks - rebound of crude via higher demand and a firm OPEC+ alliance
3. Technology, cybersecurity, AI with the 5G rollout
4. Logistics and trade post the US-China trade tensions easing.

GUESS HOW Many of the above smart money play is Dnex involved in? 2,3,4...even 1 due to exports and the higher international demand for CPO exports.

Myeg rebound first a few mths after the elections, Datasonic doubled in the last 6 months. Prestriang has a legal suit with the govt and will rebound post settlement. So that leaves Dnex as the next possible mover... First TP 32sen., 36, 40, 45, 53....

Eden profits from the energy segment is still not stable. Their plants need high maintenance and to stabilise. Besides the auditors issued qualified opinions in 2018. Maybe they are working their way to profitability...

TDM will have a good cash pile by the 2nd Half driven by cost optimisation and high mill utilisation, the bio energy project and their advance cash sales of base volumes to contracted 3rd parties. They will continue to embark on the healthcare expansion for future income streams.

With the right leadership and strategies the stock will rise further to its former glory. Rm 80sen post CNY

70sen, wait for it

100MW is a big deal for cypark. Best time when solar panels are cheap and financing yields lower. Easily another rm20m to the bottom line for the next 21 years.... Rock on. Back to Rm1. 80 soon

Power up... 35sen today, Pinehill trying for 55sen

Santa is coming to town.. 55sen

@ray1980 answer to your question
https://www.energyvoice.com/oilandgas/north-sea/213180/change-of-ownership-on-the-cards-for-north-sea-minnow/

And ping also contracted a new rig previously contracted to alpha petroleum to drill and produce more oil from the cluster. This along with the sidewell hibiscus is working on has increased the value of probable and actual reserves. This in turn will support the higher valuation of the Company sale.

Dnex will then focus on IT solutions, AI and optimization T&D which has high margins.
Trade is their forte and with more focus on compliance and e-solutions, thl, philippines and the other halal F&b sector will drive much higher earnings...

As a sector lead, running PE 30x for 2020 might be the right value which will translate in the 2nd half on the qtrly reports

@ray1980 answer to your question
https://www.energyvoice.com/oilandgas/north-sea/213180/change-of-ownership-on-the-cards-for-north-sea-minnow/

And ping also contracted a new rig previously contracted to alpha petroleum to drill and produce more oil from the cluster. This along with the sidewell hibiscus is working on has increased the value of probable and actual reserves. This in turn will support the higher valuation of the Company sale.

Dnex will then focus on IT solutions, AI and optimization T&D which has high margins.
Trade is their forte and with more focus on compliance and e-solutions, thl, philippines and the other halal F&b sector will drive much higher earnings...

As a sector lead, running PE 30x for 2020 might be the right value which will translate in the 2nd half on the qtrly reports

35 to 38 sen next week. SANTA is coming to town...

CPO futures end higher on news of B20 biodiesel scheme
TheEdge Fri, Dec 20, 2019 10:33pm - 52 minutes ago


KUALA LUMPUR (Dec 20): The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed higher underpinned by expectations of stronger demand following news of the B20 biodiesel programme.

Primary Industries Minister Teresa Kok Suh today said the B20 biodiesel programme for the transport sector is expected to be launched in phases next year.

"She announced an allocation of RM35 million for the programme that would give a fillip to CPO prices, which are projected to reach RM3,000 per tonne,” Singapore-based Palm Oil Analytics owner and co-founder Dr Sathia Varqa told Bernama.

Sathia said the gains in the local market were also tracking the firmer overnight performance on the Chicago Board of Trade (CBOT) soybean oil market following the US Environmental Protection Agency (EPA) confirming higher biodiesel quota for lifter palm.

US President Donald Trump has reportedly given his commitment that biofuel requirements would be expanded in 2020.

Meanwhile, palm oil trader David Ng said the uptrend in the local market was also supported by expectations of lower production following the seasonal monsoon period.

“We locate the next support at RM2,850 per tonne and resistance at RM2,950,” he said.

At the close, the CPO futures contract for January 2020 added RM44 to RM2,897 per tonne, February 2020 was RM46 higher at RM2,915 per tonne, while March 2020 increased RM38 to RM2,912 per tonne and April 2020 rose RM35 to RM2,892 per tonne.

Volume, however, declined to 37,426 lots from 49,986 lots yesterday and open interest decreased to 277,451 contacts from 286,974 contracts previously.

On the physical market, December South increased to RM2,950 per tonne from RM2,900 per tonne on Thursday.

60sen...

CPO futures end higher on news of B20 biodiesel scheme
TheEdge Fri, Dec 20, 2019 10:33pm - 52 minutes ago


KUALA LUMPUR (Dec 20): The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed higher underpinned by expectations of stronger demand following news of the B20 biodiesel programme.

Primary Industries Minister Teresa Kok Suh today said the B20 biodiesel programme for the transport sector is expected to be launched in phases next year.

"She announced an allocation of RM35 million for the programme that would give a fillip to CPO prices, which are projected to reach RM3,000 per tonne,” Singapore-based Palm Oil Analytics owner and co-founder Dr Sathia Varqa told Bernama.

Sathia said the gains in the local market were also tracking the firmer overnight performance on the Chicago Board of Trade (CBOT) soybean oil market following the US Environmental Protection Agency (EPA) confirming higher biodiesel quota for lifter palm.

US President Donald Trump has reportedly given his commitment that biofuel requirements would be expanded in 2020.

Meanwhile, palm oil trader David Ng said the uptrend in the local market was also supported by expectations of lower production following the seasonal monsoon period.

“We locate the next support at RM2,850 per tonne and resistance at RM2,950,” he said.

At the close, the CPO futures contract for January 2020 added RM44 to RM2,897 per tonne, February 2020 was RM46 higher at RM2,915 per tonne, while March 2020 increased RM38 to RM2,912 per tonne and April 2020 rose RM35 to RM2,892 per tonne.

Volume, however, declined to 37,426 lots from 49,986 lots yesterday and open interest decreased to 277,451 contacts from 286,974 contracts previously.

On the physical market, December South increased to RM2,950 per tonne from RM2,900 per tonne on Thursday.

Tmrw showtime a starting at 2.45pm

Best time to collect before the bid announcement for ping closes. It will be a strong case for dnex

Line clear, next accumulation

Line clear, 33 loading

Bids closing soon, opportunity for a special dividends soon.

https://www.energyvoice.com/oilandgas/north-sea/213180/change-of-ownership-on-the-cards-for-north-sea-minnow/

Playing it slow, one kick and this counter moves to 60 fast..

EU market supporting.. buying up

It will swing over... Rsawit and TDM cooking first.. And steel counters too... Patience will be rewarded

60sen

The lion in the sawit jungle... 40sen

Tdm better mic, healthcare profitable, biogass PPA for power and long term offtake broker contract for CPO with cash settlement deal. A lot going for TDM plus ECRL to improve future development on their land bank. It will burst soon... Show just began

The giant will awake in 2 to 3 weeks time. Back to its glory soon.

Pinehill NTA 1.49. Cash rm90sen. Rm185m. Overdue limit up and could happen out of the blue too..

TDM NTA 54sen...rsawit outran it's NTA by 5sen today...means TDM can touch 60sen soon.

32.5

32.5sen roar like a lion.

Train moving to 56sen. All on board...

27.5 done

Watch the show at 4pm..

27.5

Anyone figured out their value of stock holding and the current cash pile. 80sen per share?

Show me the money..

Between 2013 till 2015, TDM revenue was on avg 380m and PROFITS of rm47m to even rm74m. And then came 2016 and 2017 with 21m profits.

During the dip in profits, the share price was steady at rm65sen (2016/7) with the high 90sen in 2014 and 2015.

We are climbing back the road to recovery, stage 1 break 30sen to 40sen. Prove a qtr of profit with steady higher CPO pricing. Stage 2 after 2 qtrs of profit, 50 to 60 sen. And the its break out time... This time, nx year don't be surprised to see TDM in the limelight x3 min to the current price today. Healthcare will support profitability as management strengthens cost and performance management.
The man took a beating, has scorched and suffered, learnt and sharpened sword and rises as a gladiator....

If owner collecting, he will cap it to 60sen. New sh going after the counter max 75seb. If both fight for control we could see 90sen.
If I buy up to 70sen and have significant stake and there is a tussle, I will exit at 90 sen. Although the cash hoard is big, it doesn't translate. Corporate exercise to pump in assets and biz takes time. Unless u pump in inflated valuations.

The biggest fear of any cash rich listed company owner is.. Who is the new substantial shareholder and can he out vote me and control the cash. Fight it out there now... Make sure u all buy your tickets for the box office closing of the year...

Same play as kpowetnet... 30sen to 1.40....zoom zoom zoommm

Right on the mark... 16m shares. Limit up in a matter of days. The free float is getting tight guys.

And that's more than 10% of the share cap... If everyone hangs on the free float is actually shrinking now..

Can he close 16m shares

Boom boom boom...& Zoom zoom zoom

Pinehill will limit up first bro..but TDM is next, not to worry 30sen in sight