Why a study on Age Profiles are very important in analysing Plantations Stock. It will determine the yield where Tall Palm Area exceed 20- 25 the yield will be low whereas it tooks approximately 3 years for young palm areas to produce yield n young palm area produce low crop@ FFB until above 5 years which after that periods are called Prime Age which produce better Yield Beside yield,fruitlets from Tall Palm n Young Area are smaller which range from 8-10 grams.Therefore OER n PK are lowThats where Est FFB Average Bunch Weight take into account. Talk Palm Area 20-25 years are due for replanting n replanting not only are costly right from pre nursery to nursery , felling,land peparations n lots n lots more. Due to cost of diesel are high, definitely felling cost will be much higher n do remember to 80% of est cost comes from manuring excluding other upkeep n maintenance such as Spraying,P&D Harvesting Access n lots more
To make it short few of the smaller are facing lots of replanting n needs money n the cost are going to be high..That's why having total palms area or hectatrage,CPO pc does not really will tell u some of the plantation stock are good n That's what happened when late Datuk Khalid was being cheated in buying PT Salim in Indonesia and it takes quite long times to recover..That is excluded when DSNR was oso being cheated to buy PT Rajawali at highest px which have the hectatrage but will less planted area too Later u will know about Kumpulan Guthrie,H&L,Siime n FGV REST P&C
For info,without u realising,few of the smaller plantation stock will cheat u on their financial problems,debts n how it will be solved.. Don't just looks at the CPO px n simply speculates. Some extra short points,somes of the Est in Sabah n Sarawak r facing labour shortage n leaving rotten bunch on the palms n few big player having problems with high FFA n selling px are at a discount @ another marketing pblms n excluding forward CPO selling.It mean u r very happy on agreement to sell at RM4,400 then CPO px goes up to RM5,000 & exclude failed to deliver the quantity n being penalised or u search from other suppliers at higher px then what u received only RM 4,400. U understand CPO Marketing pblms?
When Gold px down that day,BV was supported by insiders.The deal in securities on 4th has been completed on the 7th.The 8th trading was free and Gold has slowly make a U TURN. Don't get caught wth those ppl trying to cheat u bet it going up or down.Used u brains.😎
@cicak, im here to goreng stocks. I dont really analyze until so detail. As long as there is demand more than supply, ada angin tiup. Saya datang goreng. BTW, thanks for the information. I will refer it when im doing long term investing in palm oil company.
@Ilmu, understood the actual. May be some of the info can be used by Investor ONLY.
Maybe lots of ppl are not aware of the tabling of Bdget by MOF the MANDATORY EPF CONTRIBUTIONS FOR FOREIGN LABOUR n Minimum Wages of RM1,700.00 where at RM1,500 there were big issues on Yield Per Harvester Vs Working Hours n capabilities to increase productivity to set off with cost.
However if want to speculate by CPO px, then no pblm.Don't be accidentally investors. Good Luck.
@cicak, i would prefer to short term trade it. Trump planning to bring down inflation through reducing interest rates and increase shale oil pumping - to reduce crude oil price. The main purpose is to bring down America food price. Soy bean production definitely will increase. Second Trump plan to end Ukraine war. Ukraine is the main producer of sun flower and rapeseed oil.
What a minimum Wages RM1,700.00 means. If all the efforts n during low crop seasons or due to weather,they can get RM1,200.00 only,u got to top-up the RM500.00 n now with Employers EPF Contributions. All those Soybean, Rapeseed,Corn Oil are the issue of weather n even UAE got snow n weather in M'sia has changed a lots Which not only limited the working hour but oso Working days n of it will effect the whole industry especially pure plantations which are normally small. Even FGV Sahabat in Lahad Datuk are facing problems.
@cicak, since you monitor 100+ counters, you should start a team of investors. You can help identify potential counters to investors who dont have time for a small fee. My team and i can be your first clients. We together goreng but must cun cun tips. Bilis group together will become shark.
Do u notice,RSI high 88.40 px closed 0.97 cts after 4 trading days RSI 67.20 px is 0.91 cts down by only 0.06 cts only but Gold px trending down. How?😎😁
@cicak, made abit only. Waiting for it to further down before reenter. Worth to keep for long term. Hope it can break 1.28 resistance. Today pump keling-wb. Mpire go in longkang already.
BV INVESTORS ONLY. As mentioned, news oredi out. Read n understand words by word statements made by The Edge so that u r aware current n future BV. 1.RM250 millions in the Bank 2.Explorations Expenses. 3.JV with Aulerius 4.20 months to complete exploration. 5.FYR much better then last year. 6.Smelting of 90% golds purity increase from 60 kgs to 80 kgs. 7.The gold n other minerals in Mount Adradsys was reported by Department of Minerals n GeoScience Sabah. Rest u go read in understand #LAST WILL BE...😎U THINK SENSETIVE TO TELL.
@cicak, Mpire sold already yesterday early morning. That one for goreng for fun. @welcome, yeah 11.11 sales not yet christmas, usually i dont like Kelington. Dont even allow them to rent my airbnb or purchase items by credit. Usually i received their call i directly say " sorry no Kelington". Oh wait... wrong Kelington.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Eagle77
7,253 posts
Posted by Eagle77 > 2 months ago | Report Abuse
Crude Palm Oil Futures
Continuous contract
FCPO1!Bursa Malaysia
Market closed
5,101MYR / TNED✅
+149
+3.01%