Posted by ElizaWong > 2022-11-11 10:26 | Report Abuse

Trued. Let's see if their Q3 will beat the estimation or not : )

Posted by DestinyL > 2022-11-11 13:37 | Report Abuse

If judge by the share price, likely 8-)

Posted by DestinyL > 2022-11-11 16:58 | Report Abuse

Wah 6.50 huge support lol

Posted by ElizaWong > 2022-11-15 09:30 | Report Abuse

If GenP's Q3 results beat the estimation, it probably can move up to RM7

Posted by DestinyL > 2022-11-15 10:36 | Report Abuse

But what is the expectation? Not easy to say
Hope the result can be within 5% of previous quarter

Posted by DestinyL > 2022-11-15 11:37 | Report Abuse

Go go go!

Posted by ElizaWong > 2022-11-16 09:52 | Report Abuse

Agreed. Let's look forward GenP continue to deliver us good results

Posted by VTrade > 2022-11-16 11:44 | Report Abuse

Eliza nice pick this stock.

Posted by ElizaWong > 2022-11-17 10:42 | Report Abuse

Thanks, VTrade. GenP is one of my mid-long-term investment companies

Posted by ElizaWong > 2022-11-21 10:42 | Report Abuse

GenP will most likely release their Q3 results on this Thursday

Posted by DonovanTingQY > 2022-11-23 20:03 | Report Abuse

Genting Plantations Bhd’s net profit for the third quarter ended Sept 30, 2022 (Q3 FY2022) slipped to RM75.49 million from RM102.22 million in the same quarter last year on account of higher production costs.

Posted by DonovanTingQY > 2022-11-23 20:03 | Report Abuse

However, revenue rose 12 per cent to RM822.37 million versus RM732.82 million previously, it said in a filing with Bursa Malaysia today.

"The better performance was mainly buoyed by higher sales volume in the plantation segment and higher pricing of products in the downstream manufacturing segment,” it said in a statement.

On a nine-month basis ended Sept 30, 2022, its net profit widened to RM415.56 million from RM270.58 million on the back of revenue rising 16 per cent to RM2.40 billion from RM2.06 billion in the preceding year.

Posted by DonovanTingQY > 2022-11-23 20:03 | Report Abuse

However, bumper harvest of soybean and rapeseed for the current season and the looming economic turmoil may weaken the support on palm oil prices,” the statement said.

The group’s FFB production in Indonesia is expected to improve with its favourable age profile and higher harvesting area but largely moderated by the current wet weather. Its operations in Malaysia, on the other hand, may record a setback as it continues with its replanting activities, it said. - Bernama

Posted by DestinyL > 2022-11-24 10:10 | Report Abuse

Sold some at 6.50, gonna queue if it goes down to 6

Posted by ElizaWong > 2022-11-24 10:18 | Report Abuse

Their revenue presented quite close to my calculation. Because of the drop in CPO prices for that period, guessed their Q3 results won't look so good

Posted by DestinyL > 2022-11-24 10:35 | Report Abuse

U want the best palm stock, buy UP. That is my long term plantation counter.
I only bought GenP due to undervaluation

Posted by ElizaWong > 2022-11-25 10:50 | Report Abuse

@DestinyL. Thanks for the tips. Wonder if new PM will stick to his plan on the palm oil issues....

https://www.freemalaysiatoday.com/category/nation/2022/07/09/najib-rubbishes-anwars-solutions-on-chicken-price-palm-oil-issues/

Posted by James_Bond > 2022-11-25 14:22 | Report Abuse

Sold 50% to lock profits first… Cheers…

Posted by Eric Hau > 2022-11-25 16:11 | Report Abuse

Loss 25% don't know gonna hold anot

Posted by ElizaWong > 2022-11-29 09:56 | Report Abuse

Right now wait for good cheap price to average...

Posted by DestinyL > 2022-11-30 15:18 | Report Abuse

Looking attractive now

Posted by DestinyL > 2022-11-30 16:03 | Report Abuse

Buyback a little 6.08

Posted by ElizaWong > 2022-11-30 16:42 | Report Abuse

I wait below RM6 to average

Posted by Calvin882 > 2022-11-30 16:54 | Report Abuse

Trending down for whole day but closed green at last minutes. Failed to buy the dip.

Posted by DestinyL > 2022-11-30 17:19 | Report Abuse

Almost matched at 6.01 lol
Could've bought another round at 6.02

Posted by DestinyL > 2022-11-30 17:21 | Report Abuse

This is bot trading going on, can be outwit

Posted by ElizaWong > 2022-12-01 10:09 | Report Abuse

Rebound quite fast...

Posted by ElizaWong > 2022-12-02 09:42 | Report Abuse

Great. Genting still in the list of FBM KLCI

Posted by DestinyL > 2022-12-02 11:40 | Report Abuse

Buyback some 6.02

Posted by VTrade > 2022-12-02 13:09 | Report Abuse

Ppl up
Ini drop

Duoble impact

Posted by ElizaWong > 2022-12-05 09:45 | Report Abuse

The CPO price dropped to RM3952 on last Friday...

Posted by VTrade > 2022-12-07 17:47 | Report Abuse

Minyak ada ape masalah?
6.00 pecah
Telut

Posted by ElizaWong > 2022-12-08 10:14 | Report Abuse

Seems like can start queuing at below RM6...

Posted by VTrade > 2022-12-12 09:46 | Report Abuse

Eliza is supporting the market

Posted by ElizaWong > 2022-12-13 08:20 | Report Abuse

Lol. Local Institution and retailers are supporting the market.

Posted by ElizaWong > 2022-12-16 09:58 | Report Abuse

Crop production had been reduced 3% in Nov...

Posted by ElizaWong > 2022-12-20 09:26 | Report Abuse

Will slowly climb back up to RM6.10 again

Posted by ElizaWong > 2022-12-21 17:42 | Report Abuse

Yes. On the way to RM6.10

Posted by VTrade > 2022-12-21 20:24 | Report Abuse

Mandated

Posted by ElizaWong > 2022-12-23 10:10 | Report Abuse

No much movement before X'mas I guess

Posted by DestinyL > 2022-12-27 16:53 | Report Abuse

Haha +37 sen at the last minute

Posted by DestinyL > 2022-12-27 16:54 | Report Abuse

Can harvest dy

Posted by DestinyL > 2022-12-27 16:54 | Report Abuse

Congrats to those who bought around 6

Posted by ElizaWong > 2022-12-28 10:15 | Report Abuse

Great movement after Christmas. Really can get some Ang Pow money from this counter : )

Posted by ElizaWong > 2022-12-29 10:31 | Report Abuse

CPO price move back up to RM4k. nice

Posted by DestinyL > 2022-12-29 17:02 | Report Abuse

UtdPlt has risen by RM1 since I last sold GenP at 6.52. Subsequently GenP shifted toward 6.00

Posted by ElizaWong > 2022-12-30 10:22 | Report Abuse

Not so soon to shift toward RM6 I think. It's chosen to get window dressing

Posted by ElizaWong > 2023-01-03 09:59 | Report Abuse

CPO price is still sustaining at RM4k something. Hard for GenP to drop back to RM6 again I think

Posted by ElizaWong > 2023-01-04 11:20 | Report Abuse

Seems like can float steadily at above rm6.20

Posted by DestinyL > 2023-01-04 15:45 | Report Abuse

RM6 might be coming again lol