If u read pg11 of the announcement, average sales price for oil palm improved by 39% QvQ, which is way above other plantation companies, due to futures?

CPO is more complicated, it has substitute products too… so we have to keep an eye on those too…

RJ87, there are element of luck… at times share price remain stagnant and dividend yield elevated due to market sentiment… for now, the share price is slightly more reflective… but still got lots of room to grow… lets hope the best that CPO price remain to be elevated in 2022 throughout…

I was queuing for 90 sen today, but no rezeki… those collected 925 today really durian runtuh

RJ87, during tht time still got a lot of unknown factors, IB still not yet revise the average CPO price… price still not moving, TP at standstill n land sales keep extended… now got more clarity…

Gemfinder and John, I have given my deferred tax knowledge whn I left my audit firm a decade ago… but for bplant, most likely the Deferred Tax charge due to difference in the carrying value of its land… coz it’s recorded way lower than market rate… if it’s being recognised at market value, it would have higher depreciation… thts causes a temporary difference there…

Deferred tax charge, happens in Q4 each year when they calculate deferred tax. Cukai makmur only happens in YA2022 lol…

Any dividend announced?

JTiasa got exceptional gain?

gemfinder, u got read the announcement properly? Lower PATMI due to higher tax charge. U shld look at PBT…

Mar FCPO kissed 6.2k just now

and i think they help to sell on behalf i think... revenue and operating cost higher by 30mil respectively

Q4 deferred tax charge as usual, else its 100mil+

announced d?

Pls read the announcement on 28 Sep on land disposal. All are spelled out there.

eh, so now "Russia" is no longer a taboo?

not sure, since u r the genius, perhaps u can give ur take on this?

any impact to soya bean production?

https://edition.cnn.com/2022/02/20/weather/weather-central-us-cold-snap-snow-storm/index.html

Mar FCPO 6.1k

Fingers crossed

Bplant, reverse the impairment and surprise us pls…

SSLee, I am getting that same number too… assuming no deferred tax charge, PATMI is around 106-109m…

Actually it’s not hard to guess once u got the operating cost per MT based on Q3 x Q4 production and use the % of realised CPO price delta of Q4 vs Q3 for those companies that have announced. Interest cost can be easily calculated based on the same repayment trend for Q3. Agak-agak…

Tyranny, let’s focus back on bplant Q4 results next week… coz it’s an easier topic than geopolitical and supply chain… any guess on underlying (exclude extraordinary items if any) profit for bplant?

Haris used the words “should”,”may” and “could”

Btw, if u read between the lines, if any of the conditions are not met, 2H22 CPO price will stay elevated too…

Eh, is Haris talking nonsense? Perhaps someone is more expert than MD of Sime Darby Oils

“…. Mohd Haris explains that in the second half, palm oil production should recover with the easing of labour shortages on plantations in Malaysia, and at the same time, “you’ll see good soybean crop (production) from Latin America initially and then the United States, and you may see the geopolitical situation improving in Ukraine (the world’s largest producer of sunflower seed and sunflower oil), and then you could get CPO prices back down….”

The above contained very good analysis from Mohd Haris Mohd Arshad, managing director of Sime Darby Oils

https://www.thestar.com.my/business/business-news/2022/02/19/cpo-prices-to-continue-supply-led-rally-this-year

Someone don’t know it’s interrelated la…

Hahaha… on a more serious note… any deterioration in R vs U will impact everyone on a macro scale… but will positively impact on commodities… start with crude oil n gas… whn crude oil is expensive, EU will review the contents n usage of the biodiesel…

Apparently someone just don’t trust Ukraine crisis affects commodities n deem it as nonsense…

John, as per somebody, Russia (Politics) is a no-no to be discussed here…

9mil vol, not bad... focus was on bstead today... monday we shall see RM1?

Mar FCPO 6060

RM1 today possible?

sime darby plant announced huge profit just now...

4 cents more and each movement will be 1 cent instead of 0.5 cent

If that is the case, any huge dividend payout for LTAT (Announced mid May each year) will have to come from Dec QTR payout of bstead, bplant, Pharma (already announced) and Affin

any good results announcements for other plantations stocks will have indirect impact to the rest of the plantation counters... do observe the results announcements closely...

Mar FCPO breached 6k!

Btw, Mar FCPO closed at 5,970… congratulations to all who are still holding bplant tight, to those that have sold, u can always rejoin as the bull is just started… And bplant have additional “push” factors if u compare against other plantation stocks…

John, I also wished for profit from sales to be distributed too, but I think they are somehow bound by page 8 of their announcement on 28 Sep. By looking at the Q122 outlook, I think they might opt to writeback the impairment in Q421 to justify a “special” dividend… Given Salihin Abang is in their board, he shld know that now is the best time to writeback the impairment… just my 2 cents…

Btw, this is a place for all to give their view, and not condemning others and give warning when some others have a different opinion….

Institution and foreign player just start to masuk only…

hopefully tomorrow is bplant turn to be TAANN

he/she sold off some/all this morning la

suggest u get new glasses too, bplant hit 935 highest today

Mutts, pls spend more time reading and look at holistic rather than living in your own world. commodities price depends on lots of factors. and stop hallucinating, bplant not yet breach 95 cents... my god