So conclusion is, what Indonesia does effectively resulted a shortfall in supply which the market needs time to adapt and normalise.

The writer very funny, at first the intention was to say CPO price increase will result buyers to shift to other source such as soya. Then end the article by saying the increase demand in alternatives will increase the price as well.

https://www.theedgemarkets.com/article/indonesias-palm-oil-export-curbs-upend-global-edible-oil-markets

Jtiasa 1.2m vol, without any good news up 3 sen, bplant 5.4m with land sales, got selling pressure

Answer will be revealed in 20 days+

Wow, affin bank selling affin hwang am… indication of big bplant dividend payout to LTAT too?

Congratulations everyone. Next we can focus on Q421 results and next a stellar Q122.

400m+ is small change to YTLP if u look at its cash holdings

Hoped the management can conclude the land sale deal sooner, CNY long leave is coming, don’t wait until 28 Jan only work.

today got announcement on land sales?

Lucky I escape at 10 sen

Now I know why 13 Jan volume is higher thn normal

Did not see the announcement date, it was dated 13 Jan, no wonder… I tot today announce..

Funny thing is, y bother to announce this whn extension granted till 28 Jan? Might as well announce deal go through a few days later? Tactically good news announced twice is better?

Ya, delay due to EPU coz Azmin was preoccupied with flood in Dec. BUT, EPU approval obtained on 6 Jan oh!

Different investors have different investing objectives. To me, it’s core dividend from commodities is sufficient to make me happy. Of course got durian runtuh from land sales will be better. Let’s hope CPO can sustain at this level in 2022 throughout, bplant able to boost its production (perhaps more labour allocation from Zuriada) and pare down it’s debts by selling non core land.

I am happy with bplant, but based on ur expectations, I don’t want u to come here n complain as u have set the target too high… of course I would hoped u r right… then everyone will be happy

Don’t change topic la bro, my advise to u, get ur PE calculation right, spend more time read the announcements and set reasonable expectations and look at the underlying fundamental, which is on their plantation biz instead of land sales, privatisations…

Just read the announcements. It’s a standard thing for management to tell u what’s the opportunity cost for each significant business decision…

Wah, u got split personality? Only u asking and u mention “US”? Read all the announcements kiddo

In summary, u do not read bplant announcements.
(1) it’s mention in the land sales announcement
(2) the 4.3k average price is per bplant. https://mpoc.org.my/monthly-palm-oil-trade-statistics-2021 tells a slightly different story. And “realised” price is even different. You can’t take Q3 alone to estimate as some cost are seasonal.

Good, at least now u know simple maths, but I think PE is too complicated? Assuming bplant can achieve 800m PATMI, based on ordinary shares in issue of 2.24b (source Q3 announcement pg.15), the EPS is 35.7 sen hence PE ratio is circa 2.0 times. Perhaps bplant should hire you as CFO. Numbers will look very nice…

I myself want the best for bplant too, but expectations have to be realistic…

Based on 20 sen div and with 60% payout ratio, u need roughly 866mil PATMI… like wht I said, CPO have to sustain at at least 5k average the whole year and the land sales go through (assuming all profit from land sales are distributed, which is not the case based on the announcement on how the disposal proceed to be used)… not to mention, post land sales production needs to improve to cover the gap…

Eg. Whn u say dividend 20 sen per share, do u know how much profit needed to pay such dividend based on the current payout ratio? And CPO at what level to sustain such payout? Again, promote based on facts, not fiction…

I look and fundamentals, unlike u still call for land sales profit recognition in Q4 despite no announcement on this. Promote can, but must be based on facts, not fiction…

No need to see, it will not be in Q4. If it happen, it will be in Q1. I think EPU too busy to look at this in Dec due to omicron n flood

Land sales won’t be part of Q4. Conclusion of land sales wasn’t announced by 31 December.

If CPO maintain at above 5k for the whole 2022, thn yes, 800m PATMI and 20 cent div is possible even with cukai makmur.

Calvin, who don’t want bplant to go back to IPO price? Need u to work harder to promote bplant lor

We are talking abt Q4 prediction la

120m unfortunately is not possible, it shld be in the region of 65-70mil after taking into count deferred tax charge in Q4.

Production drop QoQ fyi

Bplant Dec production outperform market average

Hitting 50 sen soon, share conso 10:1 sure will hit 50 sen

The profit from land sales will be reported in the qtr which they announce on the completion of the land sales. Hence for sure it’s not Q421.

If a MPOB takes from Non MPOB, it will be MPOB? Like sub prime, Goldman takes over those BBB and repackage it’s as AAA under Goldman?

It could only means bplant mills does not have the capacity to process the FFB. Mills are not cheap, it involved large CAPEX it’s only commercially viable if CPO price are good, else it’s fixed cost will eat up the earnings… my 2 cents

FFB can’t simpan for long, if can’t turn it to CPO on time, best to sell it as virgin fruit asap

Stockraider, 18% CPO production ratio to total means it’s mill is at full capacity, else u will see way lower FFB production (or negligible FFB production) n higher CPO+PK production

Stockraider, this I agree, bplant can send their FFB to be processed by 3rd party mill to get CPO n PK, at the correct price to boost income… provided 3rd party mill have spare capacity

CPC 101… hahaha
https://www.asianagri.com/en/media-en/faqs/how-is-palm-oil-made

Hahaha…. R u saying FFB is the by product of CPO? FFB is virgin fruit, u squeeze the oil out of FFB to get CPO, PK is the by product… u brighten my day

Q, if bplant’s mill have the capacity to process all FFB into CPO, they have already done it, not just 18% of total. Perhaps u buy more bplant shares, so significant that u can make urself to sit in its board and make ur voice heard…

By disregarding PK, u can literally know calculate how much is their realised FFB sales price and production cost per MT. And that will be bplant main top line driver!

Just read the Q3 announcement. Of all it’s cumulative production of 865kMT, 160kMT is CPO, 675kMT FFB and PK 30kMT. Hence CPO is 18% of the whole production population. Unless FFB margin is made known, else u can’t use the margin of CPO which is 18% of total to estimate it’s performance.

Johnzhang, CPO takes up 18% of the total production, the balance 80% comes from FFB. Hence cost of production of FFB is key.

Guys, labour shortage causes CPO price increase, whn they have more labour thn CPO price goes down… so regardless, market forces will adjust accordingly due to demand n supply

Intrinsic99, actually what makes u much better since u r doing the same, spamming too, just that instead of promoting, you are demoting... a lot of investor are not as naïve as you think... they will do their research... Eg. Recently calvin was using singapore land value to value bplant land, and it got quite some response disagreeing...

OMICRON