hopefully can break rm1 first tomorrow... not many shares floating around.. very easy to chase up if they are in..long time laggard..have to make the year-end rally (window dressing).. :)
Yes the directors are indeed very old and the board is made up of 5 members. Based on the annual report Dato Choo (ED), main driver has 14 per cent interest in the company.
team.... all palm oil stock habis di tapau.... why u left this guys.... SHCHAN....will run ayam..
B3 Prospects For 2019, our Group’s performance in the plantation division will be largely dependent on CPO and Palm Kernel (“PK”) prices, and our FFB production. CPO and PK prices are influenced by a variety of factors affecting the supply and demand of palm oil, including the weather conditions, prices and production of substitute vegetable oils, crude oil prices, and global economic conditions. The ongoing and potential settlement of the trade war between China and the USA, and its subsequent effect on soybean oil, may also have a large bearing on prices in 2019. Notwithstanding this, the Group will continue to focus on increasing the production of FFB from its estates. The Group remains fundamentally optimistic about the long-term prospects of the palm oil industry. The Group is optimistic on the ability of its energy and facility management division to continue to provide steady and recurrent income to the Group.
SIN HENG CHAN's main business segments include oil palm plantations and facility managment services.
Its earning performance has been overall fluctuating in last five years, whereby its earning per share overall fluctuated from -5.02 sen to 2.27sen. In the FY 2018, the Group registered a loss attributable to equity holders of the company of RM6.3 million compared to a net loss of RM1.7 million in FY 2017. This was primarily driven by losses from the plantations segment, which suffered from low average CPO prices in 2018.
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....
chongkonghui
1,117 posts
Posted by chongkonghui > 2012-05-21 17:54 | Report Abuse
average down at 1.07 last friday...