https://www.macrotrends.net/2538/soybean-oil-prices-historical-chart-d....

The main usage for Soy Bean are as food for Pigs and the oil for cooking. It is therefore more economical compare to Oil Palm as it has dual purpose. So, market willing to pay higher price for Soy Bean compare to Soy Bean.

SOB 4th Dec is USD0.3841 per pound or RM0.3841x4 x 2.2x1000 = RM 3380 per MT. Which is lower than RM3502 for CPO on 3rd Dec. SBO has been traditionally USD50-80 higher price than CPO. But Since Nov 2020, CPO price overtook SBO by USD15/MT and now is higher by USD30. This happens could be few reasons, 1) Africa Swine Flu have killed many pigs. The main food for pigs are Soy Bean. When number of pigs are low, the demand for Soy Bean also lower. Cause is not economical if just buy to press oil. 2) Market shortage of Soy Bean due to dry weather and Soy Bean Oil from the bean are very much lower % compare to Oil Palm, so, it will not be economical if purely press the Soy Bean just for the Oil but not to feed the pigs. So, the SBO become shortage. 3) The main exporter for Soy Bean is shortage of Soy Bean and have to import Soy Bean this year. When SBO shortage, price for SBO increase, CPO price also increase. 4) End November 2020 India reduces Taxes for CPO to 27.5% from 37.5%. This has increase the demand for CPO.

But, what ever reasons are. The most important good CPO price is good to Malaysia, good to Oil Palm planters, good for Oil Palm investors like us ...

https://www.forbes.com/sites/salgilbertie/2020/10/20/the-worlds-largest-soybean-exporter-wants-to-import-soybeans-what-happened/?sh=5d966ab167d4

CPO is the most economical vegetables oil and threatening western vegetables oil industries. That’s why US and Europe try all ways to stop CPO growth. In 1984, USA misleading the world that Soy Oil don’t consists of cholesterol but they hide the fact that process Soy Oil consists of Transfat which will accumulate cholesterol in the body. Malaysia engaged University of Malaya and two universities in US to carry out research to defend the sabotage. The results shows CPO do content cholesterol but is more good HDL cholesterol than bad LDL which will reduce cholesterol in the long run. on the other hand, Most other cool weather vegetables oil have to add in hydrogen or hydrogenated so that can store longer and with stand high heat. The hydrogenated process makes the oil become edible oil with Transf fat. So, CPO always the cheapest edible oil in the market.

Dick always appears when mouse RIP

queued 31, 30.5, 30, 29.5, 29... please throw more

@ali baba I will join the queue too if its below RM1.
Lets say it is RM0.9, the div yield is 5.8% and if RM0.80, the div yield is 6.6%.
Is that correct?

Above is just the expected dividend. Besides dividend, the ICPS will fully converting to Sunway share without additional cost after 4th anniversary and 5th anniversary.That means, the will be additional appreciation of value. Let assume Sunway remain 1.42 after 5 years, then appreciation of ICPS after converting is 0.42. The total return will be 26.25 + 42 cents in 5 years or 13.65% per annum if the reference price of ICPS is RM1. So, is a no brained buy if the ICPS less than RM1

FGV expect? If these expect boleh pakai, FGV already in KLCI index but not one of the worst performed company in KLSE.

Good news for those applied ICPS

@kimhaolian Best time for mouse to keep awake is midnight. He used to it

Everyday sikit sikit up, lama lama jadi Bukit

@Noni, ICPS 5.25% dividend is fix

Even though Dividend for ICPS is subject to board approval. But, looking at huge retained Profit and high rating of Sunway Financial status. If Sunway ever default the promises or delay paying out dividend. Their rating will be affected and their future fund raising will face high cost. So, there is no reasons at all why with such a strong Cash and Equivalent reserve company wants to do the unnecessary default. So, I view the 5.25 cents is a fix dividend. Mainly, Sunway Management can be fully trusted

Other than 5.25 cents dividend per annum. ICPS does not entitle for any other dividend , bonus or right

@serendipity, Don’t worry, Sunway ICPS only allows to convert in 2024 Dec onwards. Preference share will not dilute the earning per share before it convert to ordinary share.

@junetan11 ICPS will be in on 8/12

TDM & Bplant, porridge or Basmathi Rice.... See both of you liao

If CPO can sustain at 3400 for next few months. See you at 0.90..... TDM

Come to think about it, actually should thanks Mouse that helps to squizzzz those weak holders out. If not, I may not have chance to buy 0.28 yesterday and just now at 0.30.

TDM Q3 profit 21.7m or earning 1.26 cents per share. At price 0.305 Forward PE only 6. Compare to average CPO price for Q3 around 2600. Average Price for CPO for Oct is 3000+ and Nov 3300+. Fruit harvesting for Oct only 2% less than September. If Dec CPO can maintain above 3000 and Fruit harvesting for Nov & Dec not much different from Oct. Then, I’d expect Q4 PAT at least 40m or higher or earning 2.33 cents per share. At currently price of 0.305. Forward PE is only 3.3 or even lower. A real hidden germ

Mickey mouse already RIP, But his Dick still making noise

https://klse.i3investor.com/blogs/hleresearch/2020-11-30-story-h1537327688-Sunway_Going_strong.jsp

Yeah, we also add more silently...

@titan3322 if what IB’s price target can be trusted. Female Pigs also can climb tree

Q4 book in 40m profit from disposal of Pinnacle + 160m from Shanghai & Spore Properties hand over. Q4 results will be definitely outstanding. Price will surely continues to head North..

@serendipity89 If Sunway had appointed Maybank as Merchant Banker for the sale of SMC deal. I guess it must be at final stage pending Due Diligence. A normal corporate Due diligence may take 3 months or more. Hopefully we can hear good news next month. USD250m for 20%-25% means PE 60 for SMC.

one mouse , one dick. Both are no brain, simple financial report could not understand. one use tail to think and one use dick to think

@Limit_up_soon. How an animal knows how to read financial report. Some more is Mickey Mouse

40m from Sale of Pinnacle will also recognise in Q4

to have first hand news on approval of Bonus and Warrants. Can register to join virtual EGM on 3/12. https://www.sshsb.net.my/login.aspx

Red Dragon, if you are able to see Sunway in Tiih. Then you can apply what you had bought from open market. Those PR bought in open market will only appears in tiih online on 23/11/20 but allows to apply early if you want.

how mouse can fight with dog, this Mickey mouse is really retarded mouse. No wonder uptrend CPO price read as down trend

@PaulTsai. What a nonsense Sunway may delay paying ICPS dividend. Read the annual report. Sunway has solid cash flow with more than 1bn cash or equivalent before ICPS is issue. Not mentioning disposing 20%-25% stake of SMC to strategic partner will pocket at least USD250m and RM160m profit from Spore and Shanghai will be in by 2H 2020. From July 2020 onwards, Most business except Hotels and Theme parks almost back to normal. If Sunway can’t pay dividend, I believe most companies in Malaysia have to prepare to close shop.

Base on Average CPO price of RM2750 for Q3 and Fresh Fruit harvest 1% higher than Q2. I predict Q3 PAT may hit RM60m

Mikecyc must be a hired to make i3 followers sell TDM.

CPO continuous to surges high and prices shockingly higher than Soybean Oil. TDM Kalimantan lands selling too cheap and luckily potential buyer delay due to COVID And TDM decided to void the sale and looking to open tender again. 4 hospitals business almost back to normal. I’m sure Q3 results will be outstanding good.
16/11/2020 9:57 PM

93K MT

QES unit to take over Nikon’s industrial metrology business in Malaysia.

KUALA LUMPUR (Nov 9): Inspection, test and measurement equipment, material and engineering solution distributor QES Group Bhd has been appointed to take over Nikon Corp’s industrial metrology business in Malaysia.

In a statement today, QES said its unit QES (Asia-Pacific) Sdn Bhd will take over the business, effective from Jan 1, 2021.

It said the appointment was announced by Nikon following a decision to cease operations of Nikon (Malaysia) Sdn Bhd (Nikon Malaysia) by year end.

QES is currently the authorised distributor for Nikon Malaysia’s industrial metrology business.

QES managing director/president Chew Ne Weng said Nikon Malaysia and QES had been key partners since 2009.

He said the appointment will see QES further strengthen sales and aftersales service support.

“Nikon’s products have [been] consistently maintained as one of the top three suppliers (sic) of QES,” he said.

Prepare to add more if today can touch Rm4

Thursday holidays. Likely Friday. Just hope they declares dividend for DRS

Don't worry, with this high current and future price. Sure price will eventually shoot up

@roykin77 you are right. Maybe wait at RM4 to add more..

https://www.bursamalaysia.com/market_information/derivatives_prices?code=FCPO

CPO futures November 3,124. Dec 3,077. Plant will shoot up soon

added at 2.22-2.23.

JFTech is for mid term investment, whether there is news or not. 2-3 years you will regret why never holds

Can register with Tricor for subscription

Those who blame Choivo. When you make profit, you don't give Choivo a single rewards. when you lose, you blame Choico is cheater. Really no brain and IQ of 3 years old

add at 2.32

Just follow buy, can't be very wrong

Everyday someone is collecting, good news coming soon?

accumulate more at 2.47-2.48

That means tomorrow this time is shopping time