don't be silly , cpo price sets to test new high of 3000 ringgit

not genting lah,different category, should be like Vitrox, or MPI, VS,OR Foxcomm,SUMSUNG, ETC same industry sharing the same fate.

current season is a low season for consumer demand ,while fourth quarter is demand high season,you can figure out wat it would be .

CPO price today climbs to 2679 rm for spot delivery.fantastic price for plantation stocks.if CPO price reaches 3000rm per tonnes, like last year,many FUNDS would come in for sure.

Palm hits two-month high on stronger soyoil
July 25, 2017 20:55 pm MYT
KUALA LUMPUR (July 25): Malaysian palm oil futures surged nearly 3% to two-month highs on Tuesday evening, supported by expectations of lower than forecast production in July and tracking strong gains in soyoil on the Chicago Board of Trade (CBOT).
The benchmark palm oil contract for October delivery on the Bursa Malaysia Derivatives Exchange was up 2.9% at RM2,626 (US$613.55) a tonne at the close. That was the highest since May 23 thanks to the best daily gain in more than three months.
Traded volumes stood at 53,471 lots of 25 tonnes each in the evening.
"The palm market was up, riding the CBOT rally on reports of crop damage," one Kuala Lumpur-based futures trader said.
The October soybean oil contract on CBOT rose by 0.9%, in line with soybean prices that hit two-week highs after the US Department of Agriculture said that recent dry weather had damaged more of the crop than expected.
Palm oil prices track movements in related edible oils that compete for a share in the global vegetable oils market.
The trader said the market had lowered its forecast for palm oil production in July, supporting prices in early Tuesday trade.
Palm oil production in Malaysia, the second-largest producer behind Indonesia, is seen rising in the second half of the year, but gains could be limited by the lingering impact of the crop-damaging El Nino in 2015.
Production in 2017 is estimated to reach between 18.7 million tonnes and 19.5 million tonnes, up by about 10% from 2016 levels but below the record high of 19.96 million tonnes in 2015.
Palm oil seems to have stabilised around support at RM2,541 a tonne and could rise towards resistance at RM2,591, said Wang Tao, a Reuters market analyst for commodities and energy technicals.

Palm, soy and crude oil prices at 1208 GMT

Contract Month Last Change Low High Volume
MY PALM OIL AUG7 2650 +57.00 2603 2650 1612
MY PALM OIL SEP7 2635 +71.00 2578 2640 7290
MY PALM OIL OCT7 2625 +73.00 2565 2631 25817
CHINA PALM OLEIN SEP7 0 +0.00 0 0 0
CHINA SOYOIL SEP7 0 +0.00 0 0 0
CBOT SOY OIL DEC7 34.32 +0.23 34.2 34.62 14980
INDIA PALM OIL JUL7 484.80 +5.30 480.00 485.3 1415
INDIA SOYOIL AUG7 644.3 +5.50 641.05 646.5 32010
NYMEX CRUDE SEP7 47.24 +0.90 46.38 47.27 204153
Palm oil prices in Malaysian ringgit per tonne

another MPI in the making.

Fantastic growth stock

management is like shit, non professional,all MCA political appointees,all waiting to collect high salaries only at end of the month, totally unproductive.

global markets are forecasting soybean output (a common substitute of palm oil) in USA, Brazil and Argentina to increase significantly despite unfavourable weather forecast in 2017 (I don't know why such paradox appear).
-----------
the answer to this is quite simple ,the planted acreage this season is report as 7% enlarged as compare to last year, so unfavourable weather may reduce production some what , but still the end result still could be bigger then last year figure.
ON the demand side , you should see China import of soyabean is also increasing with sizeable %. (please refer to USDA world supply and demand report)

the real worry in general,I think is this, people worry about high production in Indonesia,with high supply that may cause CPO price to fall to unprofitable level.This i think is not going to happen.Current Cpo price in world market is around 2500-2600 ringgit per tonnes, and cost of production for CPO ranged from 1500-1700 per tonnes in malaysia.

what trouble land? all farm lands initially are trouble land ,need to be clear ,get trees planted , and put in sufficient fertiliser,and then land becomes good and productive.ShinYang is operating with insufficient capital, incured debt, need to merge with well funded entity.

don't be silly,BN helds themselves only nor for anybody else.SOP 4 rm by year end is possible as profit result would be excellence.Drought condition is developing in US farm belt, if that happens,best for CPO price.

Kuala Lumpur River City (KLRC) project.30 acres (12.14ha) Ekovest on land swap deal with govt

http://www.theedgemarkets.com/article/ekovest-active-rises-427-land-swap-deal-govt

luxchem
http://www.theedgemarkets.com/article/aminvestment-research-starts-coverage-luxchem-fair-value-rm274

投资金律：人弃我取。种植股有成长期，成熟收获期。现在沙劳越棕油，正走到成熟收获期，参考第一季营利，第二月季，将证明此观察。看看k.l.k种植，再比较一下，就明白。目前投资界认为，生产增加，油粽价格会大幅度下降，下降到成本价，造成无利可图。这样是错误的观点，他们没考虑到中国人和中国养殖业也对对油脂的消费正大幅度增长，特别此养禽鸡等需求的增加。油脂正好适当的供应。

look like nylex getting a new life by having many operations reallocated into indonesia.

if no dumping of steel coming from China , choobee will achieve good result from here onward .

just say bad management and corruption at high place resulted in business failure, sumed it up all the long-winded story.

china should have already crashed,but government tight controlled,plus QE ,the procecess would be gradual,trade war with china/US is another worry.

oil and gas business is dead,or near dead, in twenty years all cars will be using hydrogen power or electrical power,

America soyabean crop this year looks as not growing well as earlier expected., soyabeans price keep firming up, so far up 5% from low.CPO price turns steady as well.

don't be silly, goldenT has no proper knowledge of world politics,big powers always play psychological game with each other,and they are not serious about those verbal threats throwing around.anyway the purpose is to exert presssure , the real culprit is Chinese communists behind the scene with provide the backing to NK.

since petrol po kai already, dracula -gowemon no money, so got to suck blood from raayat thro GST,and raise more taxes from orang kaya, by checking past year accounts even 10 years ago.

how about fgv sell to IOI , KLK, GENTINGP, or a consortium ,that also would also provide new blood and paradium shift. but eventually FGV could be taken over by Eagle High, a reverse takeover.

epf sells some of its holdings

诈骗犯在胡说八道。年轻人应该脚踏实践地。努力学习，努力工作。有你资金，才投资。负债投资，万一失败；堕落深渊，无法翻身。一失足成千古恨。负债在牛市才有利，在熊市，绝对不管可以的。现在的市，应该是猴市，玩弄各家。石油价贱，政府无银，到处向民众搜刮。猴市形成。祸国殃民。

stronge upsurge pattern of stock price, tell us we are at right path after all.

2nd quarter result would tell, reaffirm the Indo and Vietnam markets really on expanding mode, if so, would fly.

to reach to those price target , it depends very much on the growth of business in respective markets in indo and Vietnam,i would say highly probable.but currently slide in crude oil , we may face a correction phase.

学海本无涯，投资学海更是如此。冷眼分析也不是无懈可击。多层面推理讨论，本是正途。不应该盲目崇拜。投资重要是讲究预测未来期间出现“forward PE ratio”,未来是存在意想，预测不到的发展。不过把握重要的爆发要素，还是比较有成果的。

not all chemicals are alike, neither do the companies.

investment counter , buy and keep, by year end , see good result

making solid footing in Indo and Vietnam markets , plenty of room for expansion

Indonesia's palm oil stocks below 1 mln tonnes in April-GAPKI - Reuters News
31-May-2017 08:10:17 PM

JAKARTA, May 31 (Reuters) - Indonesia's palm oil stocks fell to 888,000 tonnes at the end of April, less than a quarter of the total at the end of 2016, the country's Palm Oil Association (GAPKI) said on Wednesday.
Stocks fell as demand rose faster than production. Output in Indonesia, the world's top palm oil producer, is yet to fully recover from a long drought in late 2015.
Stocks stood at 3.75 million tonnes at the end of last year and nearly 1.4 million at the end of March, GAPKI's data shows.
Exports of all palm oil products, including oleochemical and biodiesel, totalled 10.7 million tonnes in January to April, up 23 percent from 8.7 million tonnes in the same period last year.
Meanwhile, output rose 14 percent to 11.5 million tonnes in January to April, from the same four-month period last year

currenctly the selling price of CPO is lowering due to the onset of annual high production cycle,and lower price ;may be this could be the reason,but third and fourth quarterly could see better cpo price and more positive sentiment,i diversified my portfolio with other stocks like , annjoo, and cimb ,they are doing good,good luck my friends.

profit 74 millian after tax ,300% better then last year same (1st) quarter ,excellent lah,

Quarterly rpt on consolidated results for the financial period ended 31 Mar 2017
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5442897

扫垃圾股，得到的或者也只是垃圾。

goring stock

if refer to Taann 1st.quarterly result which shows excellent profit, SOP has double acreage size and double FFB out put, theorectically should show incredible profit result,

CPO selling price keeps on climbing upward ,prompt delivery 2900 rm;hopefully may touch 3000 rm soon ,or even more ,again , best of luck.

look like last year news report, being repeat, and repeat,however , palm oil global demand is encouraging and robust this year .

3.50 +@-

if you compare the April output of 2017 against April/2016, it is improvement of 30%

duta what? notorious guy, forget it. better look for something better.like SOP,and some other undervalued plantation stocks with high production of FFB.

中国需求支撑．棕油喜迎斋戒月
大马今年4月原棕油库存按月微增3%至160万公吨，分析员认为，预料今年5月原棕油库存将维持在低水平，因产能复苏被强劲原棕油需求所抵消、特别是伊斯兰国家在斋戒月前夕重新进行库存活动，及中国市场需求传统旺季，有助支撑今年原棕油价格平稳在现有水平。
（吉隆坡15日讯）大马今年4月原棕油库存按月微增3%至160万公吨，分析员认为，预料今年5月原棕油库存将维持在低水平，因产能复苏被强劲原棕油需求所抵消、特别是伊斯兰国家在斋戒月前夕重新进行库存活动，及中国市场需求传统旺季，有助支撑今年原棕油价格平稳在现有水平。

广告
MIDF研究表示，预料大马2017年5月原棕油库存按月增长6%至170万公吨，主要假设包括产量按月增加7%、以及出口按月成长也达7%水平。

MIDF研究对2017年原棕油价格预测，维持在平均每公吨2725令吉，预料原棕油价格走高7%，将不足以抵消产量下跌15%的冲击。

该行对整体种植业保持“中和”评级，首选种植股为吉隆坡甲洞（KLK，2445，主板种植组），给予“买进”及目标价为29令吉25仙。

肯纳格研究指出，随着大马今年4月原棕油库存数据出炉，该行将今年第二季的原棕油价格交易幅度定在每公吨2550至2800令吉之间（之前为2700至2900令吉）。2017年全年原棕油价格预测则保持平稳在每公吨2550令吉。整体行业维持“中和”评级。

丰隆研究指出，大马今年4月原棕油库存按月增3%至160万公吨，按月产量增加5.8%，部份影响受到略增出口所抵消。这比彭博社预测中介数163万公吨稍低，市场预期较高产量所致。

创5个月上涨记录

一家停牌 林刚河建筑公司暴跌
广告
今年4月原棕油按月产量增5.8%至155万公吨，主要是沙巴、彭亨及登嘉楼的产量强劲成长。整体鲜果串产量增加至每公顷1.17公吨，较3月为每公顷1.1公吨。今年至今为止，大马原棕油产量增加18.2%至550万公吨，创下连续5个月上涨记录。

大马今年4月原棕油出口按月增长1.4%至128万公吨，中国及欧盟市场需求强劲，部份抵消印度疲弱需求劣势。两家货船调查公司──ITS及SGS皆表示，截至今年5月首10天，大马原棕油出口取得双位数成长。

达证券指出，印尼在2017年5月至10月的生物柴油分配额下调以及气候变化，将拉低今年下半年的原棕油价格。预期原棕油产量有增无减，也对下半年原棕油价格“雪上加霜”。

达证券指出，美国农业部最近预测，全球2016/2017年的大豆库存将走高至9010万公吨（较市场预测为8750万公吨），至于2017年及2018年预测为8880万公吨，依然比市场预测的8670万公吨来得高，这使大豆期货价格，略为下跌至每蒲式耳970.25美元。


丰隆研究指出，该行将2017年及2018年的原棕油平均价格预测，维持在每公吨2500令吉，对整体种植业保持在“中和”评级，该行预期原棕油产量复苏，料将被偏低的原棕油价格所抵消。

该行给予“超越大市”评级的种植股，包括IOI集团（IOICORP，1961，主板种植组）、PPB集团（PPB，4065，主板消费品组）、怡保种植（IJMPLNT，2216，主板种植组）、合成种植（HSPLANT，5138，主板种植组）、以及联合马六甲（UMCCA，2593，主板种植组）。

文章来源：http://www.sinchew.com.my/node/1643362/%E4%B8%AD%E5%9B%BD%E9%9C%80%E6%B1%82%E6%94%AF%E6%92%91%EF%BC%8E%E6%A3%95%E6%B2%B9%E5%96%9C%E8%BF%8E%E6%96%8B%E6%88%92%E6%9C%88

don't talk nonsense, production improved by 15-20% as from last year , cpo price reasonable good and managed to maintain well around 2600-2700,

observing the price chart of crude palm oil, it hit a low last month , now gradually climbing to higher level, due to strong export demand,.so we would see better earning for plantation stocks;l.current stock price is attractively low, if investors can hold 6 months or more, i estimate ,they could reap healthy return.

luxchem price up or down , don't rely on what the bankers did, it depend largely on markets in those targeted countries.

please note (bizarre why now only )

with new Amended figure is inclusive of the newly acquired estates and mill.

in M.Tonnes

FFB amended from 90,123 to 110,174

CRUDE PALM OIL amended from 29,288 to 33,783

PALM KERNEL amended from 5,733 to 6,572


http://www.bursamalaysia.com/market/listed-companies/company-announcements/5407577