yes...200mil..SOP bonus issue

share price still undervalue

at least 80m.....

Share price belum cantik

Q2, production and cpo price
Apr- 82,849 -2,299
May- 86,223 -2,074
Jun - 131,309 -2,411
Total-270,381 ave= 2261 ( QR report 2,367)

Revenue=167m
Cost= 163m
Profit=4m
EPS=0.32

Q3 , production and Cpo price

Jul-89,117 - 2,519
Aug -89,318 - 2,815
Sep- 95,118 -2,924
Total -273,623 ave 2,752

Production up 3,242 =1.19%
Cpo up 491= 21%

Estimate Q3
Revenue= 196m
cost= 163m
profit=33m
EPS =2.45


Q4
OCT - CPO 3000


If cpo can maintain 2750, Bplant annual profit
2.45 eps x4= 9.83 sen

PE 10= 9.83x10= RM 0.983
PE 15=9.83x15 =RM 1.47

Fund manager prefer glove stocks than plantation, up down fast

TO SUM IT UP: 3 CHINA GREAT TYPHOONS & FLOODS WIPE OUT ALL ITS CROPS; CHINA NEEDS SOYMEAL TO FEED ITS PIGS: USA IN DROUGHT AFFECT SOYBEAN PRODUCTION; US DEMAND CHINA BUY MORE SOYBEAN IN TRADE WAR; INDIA COMING DIWALI WILL TURN TO CHEAPER PALM OIL; LACK OF WORKERS WILL CAUSE LESS FRUIT HARVEST
AS OF NOW NO ANAYLST, NO IB BANKERS, NO FUND HOUSES AND NO SIFUs WRITE ABOUT PALM OIL AS YET SO PRICES ARE STILL VERY LOW

TIME TO STUDY DEEPER AND ACT BEFORE OTHERS STAMPEDE & CHASE

BEST REGARDS

Calvin Tan Research
Singapore

https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/2020-10-10-story-h1534582167-TOP_10_REASONS_WHY_PALM_OIL_STOCKS_MIGHT_GO_UP_IN_A_POWERFUL_BULL_RUN_C.jsp

https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/2020-10-10-story-h1534582167-TOP_10_REASONS_WHY_PALM_OIL_STOCKS_MIGHT_GO_UP_IN_A_POWERFUL_BULL_RUN_C.jsp

https://www.nst.com.my/business/2020/10/630975/kpower-secures-rm19267mil-contract-nepal

previous cpo 3000, tsh 1.15..

soybean break high...cpo 3000 soon...tsh 0.98 cheap ...

"Look out for a La Nina-induced price rally from January 2021 with soyoil leading the way," said Dorab Mistry, director of Indian consumer goods company Godrej International.

Vegetable oil prices next year should be higher due to improved demand and tighter supply of soft oils such as soyoil and sunflower oil, Mistry said.

Thomas Mielke, the executive director of Oil World, forecast Indonesian crude palm oil price in January-June 2021 would rise to US$700 a tonne.

Malaysia's benchmark crude palm oil contract has slumped about 7% so far this year, to RM2,888 (US$695.90) a tonne on Thursday, as the COVID-19 pandemic hurt demand.

Losses were pared by a recent rally in edible oil prices due to stockpiling by top buyer China for food security measures.

The rally in sunflower oil due to a lower crop has also been making soyoil and palm oil attractive to price sensitive buyers.

China's stocking policy is expected to continue with fund buying and, combined with problems in Argentina's soybean crushing, could further increase palm prices, Mielke said.

"If consumer buying plus funds buying (come together), it is possible that we temporarily reach RM3,200," he said.

Argentina's soy crushing volume is set to drop around 9.5% this year, as growers in the world's top exporter of processed soymeal and soyoil hoard beans due to unfavourable prices and taxes.

DATO' DR IR. TS. MOHD ABDUL KARIM BIN ABDULLAH
Buy 500,000 3.1594

cpo 2890

if next Q profit can 7m... price will go 4.00

very soon surpass..just be patient

drop 0.79

On behalf of the Board, AmInvestment Bank wishes to update that the Company intends to implement the Share Split by 2 December 2020

when share split

Good

Cpo 2700 still good

sop target 4.20

sabah lock down..

Maintain sector NEUTRAL,

Top Picks: IJM Plantations, Wilmar, and
Astra Agro Lestari. The stricter lockdown of four areas in Sabah should
not have a significant impact on Malaysia’s CPO output, given the 2-week
timeframe and the continuation of palm oil operations. Should this lockdown
be extended or expanded, however, the risk to output would be more
significant, given the peak harvesting period currently.

The Government has imposed strict movement restrictions in four
districts in Sabah – Lahad Datu, Tawau, Kunak and Semporna, after over
1,000 COVID-19 infections have been reported there this month. As part of
the efforts to contain the outbreak, non-essential businesses in these areas
will be required to shut down starting 29 Sep for 14 days. Sabah accounts
for 25% of the CPO produced in Malaysia.

 Kunak district to resume operations. Initially, Kunak declared that all
palm oil estates and mills in the area were not allowed to operate during
this period. However, they have since retracted the statement and declared
that palm oil operations can now operate, but at 50% capacity. We
understand that it is up to the district officer of each district to decide on the
allowable operations in the area.

 These four areas are allowed to operate, but at 50% capacity. Based on
our understanding, plantations in all four areas are now allowed to operate,
but at 50% capacity. However, even the 50% capacity is being disputed, as
some companies have said there has been no such ruling on this cap, while
others are abiding by this for two weeks.

 As such, we would not expect too much of a disruption to output in
Sabah from this disruption. However, should the suspension of operations
be extended and expanded to other areas, there may be a more significant
impact. We have outlined the companies with landbank in the four areas in
Sabah in Figure 2.

 Based on our assessment, the company with the largest exposure to the
four Enhanced Movement Control Order (EMCO) areas is Kuala Lumpur
Kepong (15%). We understand, however, that even with operations at 50%
in the aforementioned areas, the harvesters will still be fully deployed,
particularly during this peak season. The workers involved in the less urgent
jobs like maintenance, road infrastructure and fertiliser application may be
the ones that would not be utilised during this 2-week period.

 No change to our NEUTRAL sector weighting. While we do not expect
this suspension to have a major impact on productivity, there is still a risk of
extension and expansion. This could imply that the sentiment on CPO
prices may remain elevated during this period, and any further pullback may
only happen once the uncertainties or risks are lessened.

Buy

Sapu

KUALA LUMPUR (Sept 21): Tighter supply and higher demand for crude palm oil (CPO) are likely to push prices of the edible oil up in favour of producers, according to IJM Plantations Bhd.
In a statement following its annual general meeting (AGM) today, the upstream plantation company said palm oil producers will be able to “ride the price wave”.
The planter noted that CPO prices had rallied to RM3,000 per tonne from a year-to-date (YTD) low of RM2,000 per tonne in May, with analysts attributing the higher prices to stock replenishment, lower palm oil inventory levels and rising prices of competing edible oils.
Nonetheless, IJM Plantations said it is adopting a cautiously optimistic outlook for the financial year ending March 31, 2021 (FY21).
“While the above factors can be bullish, there could always potentially be a pullback in prices amid pressure from rising stock levels towards year end, in line with palm oil production potentially outweighing total exports and consumption.
“However, recent revelations that many planters are in a real and substantial shortage of workers, thus hampering their operations, especially during the seasonal peak affecting crop recovery from the trees, rendering support to present CPO prices,” it said.
At the same time, it noted that overall crop production and CPO production in FY21 may end up lower than in FY20.
The planter said crop production is expected to be lower this year due to delayed effects of the dry weather in August and November 2019 across palm oil cultivation areas in Malaysia and Indonesia, combined with reduced fertiliser input among growers.
The labour shortage will also affect crop production, especially in Malaysia, by impeding harvesting in the coming peak production season, with industry-wide losses in crop yields expected to be high.
CPO production of many mills is also expected to be lower given lower oil extraction rates (OERs) due to poor bunch formation following lower pollination efficiency due to the dry weather.
In addition, the likelihood of La Niña (wet weather) from September to November has increased to 60% from 30% previously.
“The reality of a La Nina at the end of the year would also further dampen any prospects of higher crop production. During the incessant wet season, operations from harvesting to crop evacuation as well as palm product quality will be hampered,” IJM Plantations viewed.
That being said, global demand for palm is poised to recover due to easing lockdowns and major consumers such as China and India making market-boosting purchases to replenish dwindling stock.
The usage of more palm oil in biofuels, particularly in Indonesia, will also serve to lower stocks and increase prices.

（吉隆坡21日讯）IJM种植（IJM Plantations Bhd）指出，原棕油供不应求可能会推高食用油价格，这有利于生产商。
该公司在股东常年大会后发布声明表示，棕油生产商将能够“驾驭价格波动”。
该公司指出，原棕油价格已从今年5月的低点每吨2000令吉反弹至每吨3000令吉，分析员将价格上涨归因于库存补充、棕油库存水平下降和竞争性食用油价格上涨。
尽管如此，IJM种植表示，对截至2021年3月31日财年（2021财年）前景持谨慎乐观态度。
“尽管上述因素可能是看涨的，但在年底前库存水平上升的压力下，价格总有可能回落，这与棕油产量可能超过总出口和消费的情况一致。”
“然而，最近的情况显示，许多种植者确实存在严重的工人短缺，从而妨碍了他们的经营，特别是在季节高峰期间，影响了从树木中恢复的作物，为当前的原棕油价格提供了支持。”
与此同时，2021财年的整体农作物产量和原棕油产量可能会低于2020财年。
该公司预计，今年的作物产量将会下降，因为受到大马和印尼棕油种植区在2019年8月和11月的干旱天气延迟影响，加上种植者减少了化肥投入。
劳动力短缺还将影响作物生产，特别是在大马，因为这会妨碍即将到来的生产高峰季节的收获，整个行业的作物产量预计将损失很大。
许多工厂的原棕油产量也会降低，这是由于干燥天气导致授粉效率降低后，导致油榨取率较低。
此外，9月至11月发生La Niña（潮湿天气）的可能性也从之前的30%增加到了60%。
IJM种植说：“今年年底出现的La Niña现象也将进一步抑制农作物增产的前景。在持续的雨季，从收割到作物撤离以及棕榈产品质量的操作都将受到阻碍。”
尽管如此，全球对棕油的需求仍将复苏，因市场放宽管制，且中国和印度等主要消费国为补充不断减少的库存而进行提振市场的采购。
在生物燃料中使用更多的棕油，特别是在印尼，也将有助于降低库存和提高价格。

Today break 0.45

KUALA LUMPUR (Sept 20): Exports of Malaysian palm oil products for Sept 1-20 rose 9.4% to 1,035,041 tonnes from 946,338 tonnes shipped Aug 1-20, cargo surveyor Intertek Testing Services said on Sunday.

KUALA LUMPUR (Sept 20): Exports of Malaysian palm oil products for Sept 1-20 rose 9.4% to 1,035,041 tonnes from 946,338 tonnes shipped Aug 1-20, cargo surveyor Intertek Testing Services said on Sunday.

I bought 3.2......loss

Waiting 2.5

Today below 7.00?

Waiting 6.00

Today 20k profit

Morning will down first, after that rebound

Director Tan , add 13,500,000 share 0.985-1.00

I think today will rebound...

Now hopefully kwsp buy more

Cheap, undervalue

Today i loss 15k

Tomorrow 1.1

TSH Resources saw its 1HFY20 core earnings double to RM38.7m on the back of an increase in both CPO prices and FFB production. The encouraging results made up 52% of our full-year expectation but surpassed consensus expectation, making up 61.9%. Given the current CPO price momentum and higher FFB production in the 2H, we expect to see another set of strong results in the 3QFY20. No dividend was declared for the quarter. Maintain Outperform with an unchanged TP of RM1.40 based on 24x FY21 EPS.

0.98

good time to buy

me too cut loss.. 15k

from 3.60 to 2.90.... this few days sure rebound back

3.00 support level