Fortunately I have sold all JAKS share today with total loss 26k...very sad because following many taiko promoting this stock...shifting shooting star Palm Oil stocks. Hope can recover back. Good luck to others who still stay here

Hoot9Yee....wait until the share bounce back in 2030...latest quarter result will propel this company to next level!!

So many other companies making big and stable profit, why choosing goreng stock?? Pump and dump 2 cycle since 2020

Congratulation to all for chasing a losing company using Sarawak and politics to justify losses. Today will limit up because of the highest net loss since 2012!!!

Unbelievable investors still invest in lost making company instead of many stable or cyclical profit companies. Don't live in a deniable bubble!!

As kllady_fidah said good luck and Huat Chai!!! to all

Braces yourself for another bumper profit in 2022 for all plantation stocks. CPO Price keeps moving to new all time high and most probably this year CPO price will be above RM4000

https://www.theedgemarkets.com/article/palm-oil-soars-rm5500-indonesia-sets-export-rule

JAKARTA (Jan 27): Palm oil rallied to RM5,500 a ton, a fresh record high, as top grower Indonesia imposed a rule that exporters must set aside some supply for the domestic market in a bid to cool prices.

Exporters must allocate 20% of their shipments for local supply, Indonesia's trade minister Muhammad Lutfi said. The rule takes effect on Thursday. The government will set prices of local crude palm oil sales at 9,300 rupiah (US$0.65) a kilogramme and olein at 10,300 rupiah.

The move comes after palm oil repeatedly notched fresh records, driven by a severe labour crunch in Malaysia and tight global vegetable oil supplies. The latest rally was also fuelled by a surge in rival fuels such as soybean and crude oil, as well as the Russia-Ukraine conflict that has the potential to disrupt supplies of sunflower oil and bolster demand for palm.

Why there are still investors still putting hopes/gamble on this losing company? After acquiring ship fuel oil supply company and announcements billions of contract, yet still making loss for last 2 quarters?? I also joined the euphoria to goreng this stocks when company announce bagging billions contract at 5+ cents and after the initial upside it went down I sold all losing 47k @ 33 cents. After that I have changed to fundamental stocks and currently on paper profit have recover all that loss.
If I kept putting hopes on this company, I will lost 90% of my investment!!!

So many valuable stocks you all can choose from and yet want to gamble on this shitty stock. Unbelievable on how investors thinking making quick bucks on these losing stock.

O&G, Plantation, banking, construction still got potential to move up. CPO and Brent crude oil at all time high/7 years high. Wake up guys!!!

Damn la this KLSE market. CPO already new record high 5.6k but still Bplant can drop 1 cent today!!! Unbelievable.

Many O&G stocks Armada, Hibiscus, Carimin, etc getting higher even Brent Crude oil not yet reaching all time but plantation stock barely move with current highly profitable CPO price.

Next catalyst will only be Quarter result next month. Hopefully with land disposal completion announcement and elevated profit, Bplant can moves above 80 cents

Why when palm oil price have reach new all time high but company share price still not moving up?? Other loss making or small profitable company can jump to all time high without much fundamental or news/MOU that may not even materialize. (WOODLANDOR,COMPLETE LOGISTIC, SMTrack)

Why operator want to goreng these unpromising stocks instead of palm oil company that already set in stone strong earning in coming Quarter results? Bursa really is a twisted environment for investment

https://www.theedgemarkets.com/article/cpo-futures-hits-new-high-indon...

The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives extended its rally to close at RM5,322 a tonne for the April contract.

Singapore-based Palm Oil Analytics owner and co-founder Sathia Varqa said the price surged after the Indonesian government confirmed it will restrict palm oil exports.

Indonesia's foreign trade director-general Indrasari Wisnu Wardhana said Friday the republic will restrict exports to control the supply of domestic cooking oil in the country.

A media report said the restrictions will apply for six months starting Jan 24.

“(Based on) market players’ rumours, most likely the proposal will be 70% domestic supply and 30% export,” Sathia told Bernama.

Palm oil trader David Ng said Indonesia's move to curb palm oil exports will push up demand for Malaysian CPO as the big buyers will continue to search for alternative sources.

Why when palm oil price have reach new all time high but company share price still not moving up?? Other loss making or small profitable company can jump to all time high without much fundamental or news/MOU that may not even materialize. (WOODLANDOR,COMPLETE LOGISTIC, SMTrack)

Why operator want to goreng these unpromising stocks instead of palm oil company that already set in stone strong earning in coming Quarter results? Bursa really is a twisted environment for investment

https://www.theedgemarkets.com/article/cpo-futures-hits-new-high-indonesia-move-restrict-exports

The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives extended its rally to close at RM5,322 a tonne for the April contract.

Singapore-based Palm Oil Analytics owner and co-founder Sathia Varqa said the price surged after the Indonesian government confirmed it will restrict palm oil exports.

Indonesia's foreign trade director-general Indrasari Wisnu Wardhana said Friday the republic will restrict exports to control the supply of domestic cooking oil in the country.

A media report said the restrictions will apply for six months starting Jan 24.

“(Based on) market players’ rumours, most likely the proposal will be 70% domestic supply and 30% export,” Sathia told Bernama.

Palm oil trader David Ng said Indonesia's move to curb palm oil exports will push up demand for Malaysian CPO as the big buyers will continue to search for alternative sources.

Why investors cannot see the bumper profit for BPlant at current high CPO price RM5300/tonne at almost all time high? Share price is not reflecting the fundamental of this company potential!!

Next quarter result will be phenomenal couple with completion of land sale transaction. Dividend also will be higher.

Technical Tracker - BPLANT: Will the History Repeat?

A prime privatisation target? Despite rallying 15% in 2021 (one of the top-performing plantation stocks), BPLANT is still trading at an undemanding 0.57x P/B (-57% and - 19% compared with the industry average of 1.31x and 5-year average of 0.7x, respectively). The steep discount undisputedly makes BPLANT as one of the prime privatization targets by its core major shareholders i.e. Boustead (57.4% stake) and LTAT (12.1% stake), which can be self-funded by disposing some strategic land banks. To recap, BPLANT has ~10k ha of strategic estates located in Selangor, Johor, Penang, Kedah and Perak that are ripe for property development. Ascribing a 5Y average P/B of 0.7x, the offer price of RM0.83 is 21% higher than current share prices.

https://klse.i3investor.com/blogs/hleresearch/2022-01-05-story-h1596577273-Technical_Tracker_BPLANT_Will_the_History_Repeat.jsp

For every right issue, we need to pay RM0.395 PER RIGHTS SHARE correct? Means if I eligible for 10,000 RI, I need to pay 10,000xRM0.395= RM3,950 correct?

I don't understand why people chasing low profit or unprofitable PAOS, KYM, BCMALL, HWATAI with low NTA and very2 high PE.

Even vaccine-related company HONGSENG is also at an all-time high with low profit, low NTA, and very2 high PE investors are chasing like bitcoin??

Do these investors don't know that today's FCPO price reaches RM4500 today!! And with 28% higher FFB last quarter, BPlant quarter result will be much2 better. On top of that with the pending selling of Sarawak plantation land, the profit and dividend windfall will be enough to push the price above RM1

https://www.theedgemarkets.com/article/boustead-plantations-sell-sarawak-estates

Just a matter of time before BPlant announcing the sale of their Sarawak which includes two mills and oil palm estates totalling 10,285ha that are planted with mature palms, mostly over 20 years of age. The selling price should be at least 600 millions based on latest transaction price in Sabah.

The share price will jump like Pelikan once it is announced.

Any sane investor will see BPlant next Apr-Jun 2021 quarter result will be outstanding with average CPO price RM300 higher that previous quarter. On top of that Apr-Jun 2021 quarter FFB is 51,538 tonnes higher than previous quarter.

BPlant will have double whammy result with higher CPO price and higher FFB volume.

With the land value is way higher than its NTA RM1.16, BPlant is way wayyyy undervalue at current price.

Any company that planing to buy over Bplant will earn a lot more even if it offer RM1.00 per share

Bplant FFB

Apr2021 = 70,373
May2021 = 77,435
Jun2021 = 83,893

Total April- June 2021 = 231,702

Average Apr - Jun 2021 Crude Palm Oil Price:
Apr 2021 = RM4,220.00
May 2021 = RM4,572.00
Jun 2021 = RM3,830.50

As compare to:

Jan2021 = 60,574
Feb2021 = 55,196
March21 = 64,394

Total Jan -March 2021= 180,164

Average Jan - Mar 2021 Crude Palm Oil Price:
Jan 2021 = RM3,748.50
Feb 2021 = RM3,895.50
Mar 2021 = RM4,041.50

The Edge summarise perfectly why BOUSTEAD PLANTATIONS BHD will the target of M&A or takeover by other big palm oil player.

https://www.theedgemarkets.com/article/where-next-ma-play-plantation-could-be

Just matter of time Boustead will announce disposal of BPlant to other company to trim its outstanding debt.

https://www.theedgemarkets.com/article/boustead-plantations-posts-profitable-4q-thanks-higher-palm-product-prices%C2%A0

Will this jump tomorrow?

Why Private Placement is not offer to all existing shareholder? Is there requirement to offer to certain parties only?

https://www.theedgemarkets.com/article/techfast-secures-rm540m-contract-supply-marine-gas-oil-products

Woowwww.....this will be next Dnex within this month!!!
Tomorrow another rocket booster launch!!!

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3141540

TECHFAST HOLDINGS BERHAD ("TECHFAST" OR "THE TECHFAST GROUP")
- SUPPLY AGREEMENT BETWEEN FAST ENERGY SDN BHD AND HUANG FAN SDN BHD WITH AN ESTIMATED AGGREGATE CONTRACT VALUE OF RM540,000,000.00

Even at 1% nett profit for 2 billion Marine fuel, eps enough to sustain above RM1 share price. Dont miss your speed boat

It's coming guys.....ready for the next rocket lunch for Techfast

Techfast have made private placement to buy 35% stake in CCK Petroleum Sdn Bhd for RM26.25 million via a combination of cash and issuance of new shares. This company will not invest in new company if they don't see propect to diversified.

https://www.thestar.com.my/business/business-news/2021/03/16/new-venture-delight-for-techfast-holdings

Is this Techfast company or Techdown company?? Good news also down

Whoever is still living cave, please come out and check the CPO chart below:

https://www.tradingview.com/symbols/MYX-FCPO1!/

ALL TIME HIGH!!!!!

Whoever is still living cave, please come out and check the CPO chart below:

https://www.tradingview.com/symbols/MYX-FCPO1!/

ALL TIME HIGH!!!!!

Only a few companies win the bid for high capacity LSS4 project and one of them.....jeng....jeng....jeng...
JAKS Resources Bhd via JAKS Solar Power Sdn Bhd at 50MW

Guys, ready your seatbelt for blast off on Monday morning!!!!https://assets.grammarly.com/emoji/v1/1f917.svg

Those who don't want to miss this once in every 30 years opportunity, better take your position in right now!!!

"The global economy tends to experience short-term cycles, such as when the economy fluctuates between weak declines and strong growth, forming an cyclic pattern.

Commodity prices are affected by economic growth, and the movement of prices form cycles as well. In the next 1 or 2 years, a new cycle is expected."

BPlant share price still stuck low price which are comparable to low range of palm oil price RM2000 - RM2300.

http://bepi.mpob.gov.my/admin2/price_local_daily_view_cpo_msia.php?mor...

Since last Oct 2020 until Feb 2021, CPO price has been averaging above RM3300. This trend expected to continue with the current commodities supercycle that might be sustained for 2 - 3 years

Another Palm Oil company declaring higher net profit benefiting from high crude palm oil (CPO) and palm kernel (PK) price.

https://www.bloomberg.com/news/articles/2021-02-10/j-p-morgan-sees-com...

Supercycle for commodities shaping up to be in gear with more countries opening up after COVID-19 vaccination.

https://www.theedgemarkets.com/article/ioi-corp-posts-66-jump-4q-net-p...

IOI Corp Bhd* posted a 66% increase in its net profit to RM355.7 million for the second quarter ended Dec 31, 2020 from RM213.5 million in the previous year’s corresponding quarter, benefiting from high crude palm oil (CPO) and palm kernel (PK) prices. Quarterly revenue grew 25% to RM2.45 billion from RM1.96 billion a year earlier. The group announced an interim single tier dividend of 4.5 sen per share. For the cumulative six-month period, IOI Corp said its net profit jumped 75% to RM633.6 million from RM362.5 million in the previous year, while revenue increased 32% to RM4.93 billion from RM3.73 billion.

Those who don't want to miss this once in every 30 years opportunity, better take your position in right now!!!

"The global economy tends to experience short-term cycles, such as when the economy fluctuates between weak declines and strong growth, forming an cyclic pattern.

Commodity prices are affected by economic growth, and the movement of prices form cycles as well. In the next 1 or 2 years, a new cycle is expected."

TDM share price still stuck low price which are comparable to low range of palm oil price RM2000 - RM2300.

http://bepi.mpob.gov.my/admin2/price_local_daily_view_cpo_msia.php?more=Y&jenis=1Y&tahun=2021

Since last Oct 2020 until Feb 2021, CPO price has been averaging above RM3300. This trend expected to continue with the current commodities supercycle that might be sustained for 2 - 3 years

Another Palm Oil company declaring higher net profit benefiting from high crude palm oil (CPO) and palm kernel (PK) price.

https://www.bloomberg.com/news/articles/2021-02-10/j-p-morgan-sees-commodity-supercycle-already-kicking-off

Supercycle for commodities shaping up to be in gear with more countries opening up after COVID-19 vaccination.

https://www.theedgemarkets.com/article/ioi-corp-posts-66-jump-4q-net-profit-amid-high-cpo-prices

IOI Corp Bhd* posted a 66% increase in its net profit to RM355.7 million for the second quarter ended Dec 31, 2020 from RM213.5 million in the previous year’s corresponding quarter, benefiting from high crude palm oil (CPO) and palm kernel (PK) prices. Quarterly revenue grew 25% to RM2.45 billion from RM1.96 billion a year earlier. The group announced an interim single tier dividend of 4.5 sen per share. For the cumulative six-month period, IOI Corp said its net profit jumped 75% to RM633.6 million from RM362.5 million in the previous year, while revenue increased 32% to RM4.93 billion from RM3.73 billion.

From nett loss RM58 million to net profit of RM149 million!!! SIME Darby also said the higher net profit in 4QFY20 was on account of higher crude palm oil (CPO) and palm kernel (PK) prices, as well as higher fresh fruit bunch (FFB) output.

How about TDM, together will huat aah next week?

https://www.theedgemarkets.com/article/sime-darby-plantation-back-blac...

KUALA LUMPUR (Feb 18): Sime Darby Plantation Bhd swung back into the black for the fourth quarter ended Dec 31, 2020 (4QFY20), posting a net profit of RM149 million, from a net loss of RM58 million in the corresponding quarter last year.

It also ended FY20 in the black, registering a full-year net profit of RM1.19 billion, from a net loss of RM200 million a year prior. Full-year revenue was up 8% at RM13.08 billion, from RM12.06 billion in FY19.

In a bourse filing, the planter said the higher net profit in 4QFY20 was on account of higher crude palm oil (CPO) and palm kernel (PK) prices, as well as higher fresh fruit bunch (FFB) output. Furthermore, its downstream unit saw better earnings following better performances from its Asia-Pacific and European operations.

The planter declared final single-tier dividend of 5.42 sen per share for FY20, bringing the total dividend for the year to 9.44 sen. In FY19, the planter declared a one sen dividend.

Earnings per share (EPS) for the quarter stood at 2.2 sen, from a loss per share (LPS) 0.9 sen in 4QFY19. For FY20, EPS stood at 17.2 sen, from a LPS of 2.9 sen in FY19.

Quarterly revenue increased by 8% year-on-year (y-o-y) to RM3.64 billion from RM3.38 billion.

FFB production increased 2% y-o-y to 2.3 million tonnes in 4QFY20 from 2.26 million tonnes. The average CPO price for the quarter was up 19% to RM2,664 per metric tonne, from RM2,239 per metric tonne a year prior. PK prices were up 42% y-o-y at RM1,673 a tonne from RM1,176 a tonne. That being said, its CPO oil extraction rate was down at 21.35%, from 21.84% in 4QFY19.

Breaking down its results, the group noted that its upstream segment saw a profit before interest and tax (PBIT) of RM351 million from a loss before interest and tax (LBIT) of RM10 million in 4QFY19 following higher commodity prices and unrealised foreign currency gains due to the appreciation of ringgit and rupiah against US dollar.

Meanwhile, the downstream segment’s PBIT tripled to RM202 million from RM72 million a year prior due to stronger performances from its Asia-Pacific and European operations.

Sime Darby Plantation explained that the Asia-Pacific region benefited from the market price uptrend and premium from higher sales volume of Roundtable of Sustainable Palm Oil (RSPO) products which compensated for lower demand for bulk products.

Its refineries in Europe recorded improved sales margins due to higher selling prices and more stringent cost controls measures which compensated for the lower demand from restrictions placed by governments to contain Covid-19.

Both regions also registered fair value gains on commodity hedges as compared to significant fair value losses incurred in the same quarter last year.

In a separate statement, Sime Darby Plantation chairman Tan Sri Megat Najmuddin Megat Khas said the higher palm oil prices were a blessing for all industry players in what had been one of the most challenging years in recent history for the global economy.

“Sime Darby Plantation is encouraged with its overall significantly better financial performance in 2020 and the group is hopeful that it will be able to carry this through in the current financial year.

From nett loss RM58 million to net profit of RM149 million!!! SIME Darby also said the higher net profit in 4QFY20 was on account of higher crude palm oil (CPO) and palm kernel (PK) prices, as well as higher fresh fruit bunch (FFB) output.

How about BPlant, together will huat next week?

https://www.theedgemarkets.com/article/sime-darby-plantation-back-black-4q-higher-commodity-prices-declares-542-sen-dividend

KUALA LUMPUR (Feb 18): Sime Darby Plantation Bhd swung back into the black for the fourth quarter ended Dec 31, 2020 (4QFY20), posting a net profit of RM149 million, from a net loss of RM58 million in the corresponding quarter last year.

It also ended FY20 in the black, registering a full-year net profit of RM1.19 billion, from a net loss of RM200 million a year prior. Full-year revenue was up 8% at RM13.08 billion, from RM12.06 billion in FY19.

In a bourse filing, the planter said the higher net profit in 4QFY20 was on account of higher crude palm oil (CPO) and palm kernel (PK) prices, as well as higher fresh fruit bunch (FFB) output. Furthermore, its downstream unit saw better earnings following better performances from its Asia-Pacific and European operations.

The planter declared final single-tier dividend of 5.42 sen per share for FY20, bringing the total dividend for the year to 9.44 sen. In FY19, the planter declared a one sen dividend.

Earnings per share (EPS) for the quarter stood at 2.2 sen, from a loss per share (LPS) 0.9 sen in 4QFY19. For FY20, EPS stood at 17.2 sen, from a LPS of 2.9 sen in FY19.

Quarterly revenue increased by 8% year-on-year (y-o-y) to RM3.64 billion from RM3.38 billion.

FFB production increased 2% y-o-y to 2.3 million tonnes in 4QFY20 from 2.26 million tonnes. The average CPO price for the quarter was up 19% to RM2,664 per metric tonne, from RM2,239 per metric tonne a year prior. PK prices were up 42% y-o-y at RM1,673 a tonne from RM1,176 a tonne. That being said, its CPO oil extraction rate was down at 21.35%, from 21.84% in 4QFY19.

Breaking down its results, the group noted that its upstream segment saw a profit before interest and tax (PBIT) of RM351 million from a loss before interest and tax (LBIT) of RM10 million in 4QFY19 following higher commodity prices and unrealised foreign currency gains due to the appreciation of ringgit and rupiah against US dollar.

Meanwhile, the downstream segment’s PBIT tripled to RM202 million from RM72 million a year prior due to stronger performances from its Asia-Pacific and European operations.

Sime Darby Plantation explained that the Asia-Pacific region benefited from the market price uptrend and premium from higher sales volume of Roundtable of Sustainable Palm Oil (RSPO) products which compensated for lower demand for bulk products.

Its refineries in Europe recorded improved sales margins due to higher selling prices and more stringent cost controls measures which compensated for the lower demand from restrictions placed by governments to contain Covid-19.

Both regions also registered fair value gains on commodity hedges as compared to significant fair value losses incurred in the same quarter last year.

In a separate statement, Sime Darby Plantation chairman Tan Sri Megat Najmuddin Megat Khas said the higher palm oil prices were a blessing for all industry players in what had been one of the most challenging years in recent history for the global economy.

“Sime Darby Plantation is encouraged with its overall significantly better financial performance in 2020 and the group is hopeful that it will be able to carry this through in the current financial year.

For those who are still on the fence and don't want to miss the boat to profit, just look at data above and most importantly current high CPO price from Jan 2021 until today which is at 10 year high. (almost 2 months into 1st quarter 2021)

To give better perspective in terms of how much potential BPlant profit will be when they announce next week:

KLK - FRESH FRUITS BUNCHES
Jul-20 Aug-20 Sep-20 Total Quarter
336,596 345,900 364,039 1,046,535

Oct-20 Nov-20 Dec-20 Total Quarter
328,958 334,294 310,492 973,744 (7% drop)

TDM - FRESH FRUITS BUNCHES
Jul-20 Aug-20 Sep-20 Total Quarter
34,130 36,909 40,104 111,144

Oct-20 Nov-20 Dec-20 Total Quarter
39,308 36,436 29,751 105,496 (5% drop)

Based on above:
KLK 4th quarter FFB drop 7% but profit surged 83.3% to RM288.9 million
TDM 4th quarter FFB drop 5% but profit will be surged xx% to RMxx million (take your wild guess but logically will be minimum 50% from last quarter)

For those who are still on the fence and don't want to miss the boat to profit, just look at data above and most importantly current high CPO price from Jan 2021 until today which is at 10 year high. (almost 2 months into 1st quarter 2021)

To give better perspective in terms of how much potential BPlant profit will be when they announce next week:

KLK - FRESH FRUITS BUNCHES
Jul-20 Aug-20 Sep-20 Total Quarter
336596 345900 364039 1,046,535

Oct-20 Nov-20 Dec-20 Total Quarter
328958 334294 310,492 973,744 (7% drop)

BPLANT - FRESH FRUITS BUNCHES
Jul-20 Aug-20 Sep-20 Total Quarter
89,117 89,318 95,188 273,624

Oct-20 Nov-20 Dec-20 Total Quarter
93,334 81,866 72,491 247,693 (10% drop)

Based on above:
KLK 4th quarter FFB drop 7% but profit surged 83.3% to RM288.9 million
BPLANT 4th quarter FFB drop 10% but profit will be surged xx% to RMxxx million (take your wild guess but logically will be minimum 50%)

KLK plantation segment's last quarter profit surged 83.3% to RM288.9 million!!! This is preview to the result of BPlant last quarter. Brace yourself for jump in share price

https://www.theedgemarkets.com/article/klks-1q-net-profit-more-doubles...

KUALA LUMPUR (Feb 17): Kuala Lumpur Kepong Bhd (KLK) posted a net profit of RM357.41 million in its first quarter ended Dec 31, 2020 (1QFY21), more than double the RM167.2 million it recorded in the previous year’s corresponding quarter, driven by a jump in plantation earnings.

Revenue rose 5.45% to RM4.3 billion from RM4.08 billion, supported by growth in revenue across its manufacturing, plantation and property development segments.

Earnings per share (EPS) rose to 33.1 sen from 15.7 sen, its stock exchange filing today showed. No dividend payment was proposed.

The group said its plantation segment's profit surged 83.3% to RM288.9 million during the quarter, driven by improved crude palm oil and palm kernel prices, and better contribution from its processing and trading operations.

Its manufacturing segment's profit also grew 67.2% to RM133.7 million, largely contributed by its operations in China and Europe, coupled with an unrealised gain from fair value changes on outstanding derivatives contract of RM14.5 million.

Meanwhile, profit recognition from projects with better margins helped boost the group's property development segment by 62.2% to RM22 million.

Moving forward, the group expects its plantation profit to continue to improve in FY21, driven by buoyant CPO and PK prices, while its oleochemical division's performance — which has been satisfactory — is expected to be challenging.

“Overall, the group's profit for the financial year 2021 will be higher,” it said in a statement.

Shares of KLK closed 16 sen or 0.70% lower at RM22.76 today, valuing the plantation company at RM24.6 billion.

KLK last quarter profit surged 83.3% to RM288.9 million!!! This is preview to the result of TDM last quarter. Brace yourself for jump in share price