Posted by kelvin61 > Dec 10, 2020 7:48 AM | Report Abuse
Most traders have neglected the super bull run on CPO prices that will bring windfall profits to the Plantation companies. There are still many selling for a song, cheers.
CORRECT!!
FCPO CLOSED AT ABOVE RM3600 MEANS MORE THAN 100% PROFIT FOR ALL PALM OIL COMPANIES
FEB 2021 FANTASTIC RESULTS FOR ALL PALM OIL STOCKS WILL REGISTER HUGE PROFITS
WHY?
ANSWER:
OCTOBER, NOVEMBER & UNTIL DEC 10TH NOW CPO HAS FCPO HAS BEEN HOLDING FIRMLY ABOVE RM3400 TO RM3600
Let's calculate the Feb 2021 figure
October 30 days
November 30 days
December 31 days
Total days of last quarter for 2020 is 91 days
Today is 10th day of Dec
So 2 months & 10 days = 70 days
70/91 = 76.9% of the Feb 2021 results will reflect These Very High Profit months
Even if production of FFB decrease by 10% to 15% the Huge Increase in CPO prices over ride all to Excel
Posted by kelvin61 > Dec 10, 2020 7:48 AM | Report Abuse
Most traders have neglected the super bull run on CPO prices that will bring windfall profits to the Plantation companies. There are still many selling for a song, cheers.
Date Settlement Price RM 9 Dec 20 3358 8 Dec 20 3366 7 Dec 20 3392 4 Dec 20 3437 3 Dec 20 3332 2 Dec 20 3316 1 Dec 20 3347 30 Nov 20 3305 27 Nov 20 3338 26 Nov 20 3227
FY21 Q1 326,209 221.10 M 34.84 M FY20 Q4 238,549 139.26 M (36.11 M) FY20 Q3 173,388 144.59 M (45.92 M) FY20 Q2 273,559 186.91 M (7.26 M ) FY20 Q1 425,801 232.53 M 15.77 M
i don understand why the production only drop 10% to 15%? u campare q2 to q2? it was a lost quarter, why want to compare with a loss quarter? if compare with q1 and q2, the production is actually drop around 40%, 10-15 is ok, but if is 40%, is a lot... last quarter is good because cpo price and production also good, but this quarter production drop around 40% compare to last quarter, i dun understand how u guys calculate 10-15%, my mathematic got problem??? any sifu can explain? lost confidence ad.
"i don understand why the production only drop 10% to 15%? u campare q2 to q2? it was a lost quarter, why want to compare with a loss quarter? if compare with q1 and q2, the production is actually drop around 40%, 10-15 is ok, but if is 40%, is a lot... last quarter is good because cpo price and production also good, but this quarter production drop around 40% compare to last quarter, i dun understand how u guys calculate 10-15%, my mathematic got problem??? "
Aiyaa... is time to buy more, drop more buy more, jtiasa go go go... eric, sure q1 to q1, q2 to q2 one ma, where can compare q1 to q2 one, jtiasa go go go... master sifu calvin tan always the best... go go go....
Mickey, now market already factored in lower output factor, in fact lower output that drives CPO price hike. Honestly, your comments speaks for itself about you. Lack of knowledge and always bet against market. You maybe right but that will be 1 in 10.
Enough have been said about this counter. Buy whatever you could afford to pickup as the journey is mid-long. Along the way, you would certainly get shaken up by noises that would tempt or scare you. This is not a speculative or pump & dump stock so, don't expect a sudden sharp rise. Just go into our kitchen, we would see more and more things are using palm oil and many countries are importing them; slowly and surely all those campaign against the goodness of palm oil would dissipate. The demand would only increase and it is very important that the plantations are managed properly with their re-planting programs and the availability of land.
Us soybean oil closed at recent record high of Usd39.68!!
Fcpo December 2020 will follow on monday to power up again
Ud soybean now down to only 175 million tonnes. Plus the compounding effect of even lower sinflower seed oil, canola oil, olive oil, corn oil and now dwindling stock pile of palm oil due to lack of workers due to covid 19 will see explosive upward prices of cpo prices yet ahead
Perfecly ok in jtiasa and all plantations experience production drop of 10 percent or even up to 20 percent if cpo price rise of 100 to 200 percent will increase bottom line profits manifold
2020 Jan to Nov ,CPO Exports is decreased by 1,328,838 tons ..
>> is Decreased in Export Value : 1,328,838 tons x RM 2,500 / ton = RM 3.32 Billion ...
Exports 2020 2019 Jan 1,213,539 1,680,891 Feb 1,082,417 1,324,615 Mar 1,184,702 1,620,752 Apr 1,236,478 1,654,499 May 1,369,351 1,715,719 Jun 1,706,597 1,397,140 Jul 1,783,284 1,486,485 Aug 1,581,612 1,736,300 Sep 1,612,169 1,409,089 Oct 1,673,997 1,641,973 Nov 1,303,318 1,405,553 Dec Jan-Dec 15,744,178 17,073,016
FY21 Q1 326,209 221.10 M 34.84 M FY20 Q4 238,549 139.26 M (36.11 M) FY20 Q3 173,388 144.59 M (45.92 M) FY20 Q2 273,559 186.91 M (7.26 M ) FY20 Q1 425,801 232.53 M 15.77 M
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....
Shadows
462 posts
Posted by Shadows > 2020-12-09 23:20 | Report Abuse
Soybean price is depreciating and it will hurt.