#DickyMe3 LOL, Pariah Bull dog got no place to go.. 06/10/2021 11:38 PM
Haha your Dicky kena chewed ka...
Mickey Mouse is back in action after his jonny kena chewed 5X...
The FBMKLCI Index skyrocketed yesterday on the back of strong buying interest in plantation names as the spot price for palm oil hit MYR5,000 for the first time in history. Despite mixed performance in the regional markets, the benchmark index gained 29.00pts or 1.89%, to end the day at 1,559.42, led by advances in SIMEPLT, DIALOG, KLK and IOICORP.
Syabas to TDM's Management for so promptly reported in Bursa its Sept'21 FFB harvest, today on 08-10-21, again reflecting a corporate citizen's respectable responsibility for prompt reporting.
Average CPO Price for Jul'21 to Sep'21 is RM4,416.00 per ton).
I am only doing a very simple layman's net net net profit calculation of RM250.00 per ton for FFB, therefore, for Jul'21 to Sep'21 (3rd quarter), the estimated profit after tax is 89,859 x RM250.00 = RM22.46M. As said, this is a simple calculation only. It could be more as Av. CPO Price is RM4,416.00 per ton.
Quarter 1/21 (Jan'21 - Mar'21), Net Loss after Tax is - RM4.221M Quarter 2/21 (Apr'21 - Jun'21), Net Profit is after Tax is - RM2.743M. Quarter 3/21 (Jul'21 - Sept'21), Net Profit after Tax is RM22.46M. (As said, it is my calculation for TDM's oil palm business and not taking into account of its hospital business).
Quarter 4/21, entering into Oct'21, the daily CPO price is always above RM4,500.00 to RM4,800.00 and so on.
Therefore, please have a re-examination of the above simple calculation of TDM's possible good profitability turnaround in view of the above (Net Loss after Tax has come down from RM4.221M to RM2.743M, and hopefully with my simple calculation of Net Profit after Tax of RM22.46M (basing on TDM's oil palm business only & no other surprises like provisions, etc)
TDM's announcement today of the acquisition of the specialist hospital (known as Tawau Specialist Hospital Sdn Bhd) in Tawau/Sabah which is its 5th hospitals in Malaysia which will add additional Sale Revenues and Net Profit after Tax to TDM's overall hospitals' business (Please read the facts in the Announcement today in Bursa - TDM).
If you, as investors investing in TDM for Long Term and studying its corporate activities through announcements, monthly FFB productions, and so on, you will think twice again about TDM's share price at RM0.27 today, and again, with 44,380 ha or 109,663 acres of oil palm estates and now with 5 Specialist Hospitals & others, I am looking at TDM's potential future value in all aspects.
What are the positive factors favoring the oil palm industry especially the upstream oil palm companies with huge amount of oil pal estates:
1. RM to USD is > RM4.15++ (Oil palm export proceeds in USD will bring back more RM to their kitty).
2. Good CPO price > RM4.5K/ton to RM5.0K/ton ++. (Same efforts, but selling at extremely good prices. Laughing all the way to the bank).
3. Most raw materials & costs of productions are sourced locally in RM including fertilizers as Malaysia has a strong resource-based economies as Malaysia has been in oil palm industry business for more than 50-60 years and so almost everything is local.
4. Upstream oil palm business is simple & no need for a Rocket Scientist to teach. Follow the basics, follow SOp & get them right.
5. For gold, steel, etc, closing stocks are based on purchasers from suppliers of them. (So, you realize when the gold, steels, etc are very high in prices, high profits are reported & when their closing stocks are high - Quantity x Closing Stock Price Valuation).
6. For oil palm estates, the closing stocks are on the trees & keep on harvesting from its own sources (oil palm estates), so no need to buy unless you are skewed more towards CPO extraction milling & trading. Keep producing, harvesting & get more values from the trees.
7. So, for the same efforts, for the same marginal increase in costs (fertilisers & labour), the operating profits generated as explained in above are 1.5 fold,2 folds, 2.5 folds, etc.
8. I sit comfortable with my simple business model analysis with oil palm industry & the oil palm companies I invest in for long term (LT) & know that I will reap from my patience & be rewarded.
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....
Icon 888
2,301 posts
Posted by Icon 888 > 2021-10-07 10:34 | Report Abuse
Standby 0.265..throw to me la