Posted by CCWONG > 2021-10-20 11:55 | Report Abuse

The 3 stooges: Bplant, Jtiasa & Thplant will break RM1.00 one fine day too soon.Enjoy the ride to glories.

Posted by CCWONG > 2021-10-20 13:35 | Report Abuse

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.

Posted by Johnzhang > 2021-10-20 14:10 | Report Abuse

THplant surged today

Posted by Johnzhang > 2021-10-20 14:18 | Report Abuse

The small cap and 2nd liners plantation counters are making good progress in their share price increase, But the big cap or counters where Sovereign funds holding significant stakes are having poor showing ! The sector overall lackluster performance (share price wise ) is predominantly due to the dampening effect of the fund continuous sell down despite robust earnings in this sector.

Counters where sovereign funds are not shareholders:
Bplant, THplant, MHC, cepat, etc

Counters with low shareholding from Sovereign funds:
Taann
HSplant
Sop
Swkpltn
For Taann and SOP, I think the funds shall complete the disposal by oct/Nov. Good chance for these counters to perform soon.

Counters where Sovereign funds hold substantially:
Simepltn.
IOI
Genp
Klk

Posted by Johnzhang > 2021-10-20 14:25 | Report Abuse

Sovereign funds I referred to are EPF , KWAP etc

Posted by bojed > 2021-10-20 15:00 | Report Abuse

Yeeeehaaaa!!!!

-----------------------------------------------------------------------------


bojed THP's FA is improving, its TA is good and FCPO price is increasing; this is one of those gradually increasing price counters in the making.
16/10/2021 7:27 PM

Posted by 888STOCK888 > 2021-10-20 15:32 | Report Abuse

Let's privatise at 4.00

Posted by Johnzhang > 2021-10-20 19:13 | Report Abuse

Today’s performance:
CPO + 2.5% $5303 (nov)

Counters without EPF and KWAP :
THplant +14.5%
Bplant. +4.9%
Mhc. +3.8%
Cepat. +1.3%

Big cap /counters with EPF/KWAP as shareholders:
Simepltn - 1.4%
IOI. - 0.74%
Genp. - 1.83%
Klk. +0.35%
Taann. - 2.74%
Swkpltn. Unchanged
SOP. +. 0.77%

I believe EPF and /or KWAP are still selling down today . Only local retailers and some corporates are absorbing the selling and that’s not enough to move price to reflect the robust fundamental of CPO .

Posted by calvintaneng > 2021-10-20 23:15 |

Post removed.Why?

Posted by Mabel > 2021-10-21 09:34 | Report Abuse

Meow Meow Meow

With Indonesia, our Main Competitor of Palm Oil out of the game due to ESG Compliance, Malaysia WILL RISE UP AS WORLD NUMBER ONE EXPORTER to feed 8 billion people across the planet..

Posted by Ananas > 2021-10-21 11:21 | Report Abuse

not all plantation will benefit from indonesia stop export CPO. the main benefit companies should be planting in malaysia

Posted by CCWONG > 2021-10-21 11:33 | Report Abuse

Why I invest in oil palm shares?

1. There is daily reporting of CPO prices by MPOB (www.mpoc.org.my).

2. There is monthly reporting of FFB, CPO, Etc harvests by oil palm
listed companies in Bursa.

3. There is quarterly reporting of oil palm listed companies in Bursa.

4. So, in the oil palm industry for listed oil palm companies, there is
nothing more transparent than these.

5. No need to listen to this or that, got projects or got this or that.

6. You can actually tabulate the above (No. 1 & No. 2 and do your own
projection on the expected turnover & NPAT).

7. So, you will roughly know your hard-earned money investments go.

8. If you are worried about surprises like asset impairments, etc, you
can do your own estimates. Again, from the financial reports, you know

9. Look at their past financial reports & share price movements.

10. Last but not least, you can sleep well & rest assured be rewarded.

(The above is my opinion to be a better investor, not buy or sell call).

Posted by Mabel > 2021-10-21 19:00 | Report Abuse

Brent crude oil was trading at US$86 (about RM357.59) per barrel, while crude palm oil closed at an all-time high on Wednesday with the benchmark palm oil contract for January 2022 rising by RM127 to RM5,071 a tonne.

Posted by Mabel > 2021-10-25 13:17 | Report Abuse

Sharing what Calvin wrote..

Robert Kuok Hock Nien (simplified Chinese: 郭鹤年; traditional Chinese: 郭鶴年; pinyin: Guō Hènián; born 6 October 1923), is a Malaysian business magnate and investor of Chinese descent. According to Forbes, his net worth is estimated at USD12.6 billion as of April 2021, making him the wealthiest person in Malaysia and 104th wealthiest in the world.As of April 2019, according to the Bloomberg Billionaires Index, Kuok has an estimated net worth of $18.4 billion, making him the 53rd richest person in the world.

Kuok is media-shy; most of his businesses are privately held by him or his family. Apart from a multitude of businesses in Malaysia, his companies have investments in many countries throughout Asia. His business interests range from sugarcane plantations (Perlis Plantations Bhd), sugar refineries, flour milling, animal feed, oil, mining, finance, hotel (Shangri-La Hotels and Resorts), property, trading, freight and publishing. His biggest source of wealth is a stake in Wilmar International, the world's largest listed palm oil trader company.

Note: His biggest source of wealth is a stake in Wilmar International, the world's largest listed palm oil trader company.

SO THE RICHEST MAN IN MALAYSIA IS NOT BANKER, GLOVE, REAL ESTATE, PETROLEUM, TECHNOLOGY BUT PALM OIL. YES! PALM OIL MADE ROBERT KUOK THE NUMBER ONE RICHEST PERSON IN MALAYSIA

Robert was holding Palm oil when prices were as low as RM 1,000 per ton (or lower) for CPO in early days Now over RM5,000 in uncharted territory. Now Palm oil is at New World Record Prices in Multi Year Highs they are rewarded for their patience Robert has already succeeded and became legends in his time. Now we are starting to stand on their shoulders to SEE what Palm oil can do for us as it has done for him during his time of success. And the good times for Palm oil has returned.

Posted by Jom123 > 2021-10-26 17:09 | Report Abuse

Zuraida: Oil palm plantation sector to get 32,000 foreign workers with strict SOPs

Posted by calvintaneng > 2021-10-26 22:28 | Report Abuse

Greetings from Calvin, Singapore

Thplant crossing Rm1.00 is a given

Any weakness is great opportunity to add. Then hold very tight. Sit very tight.

Expect Thplant to give 100% to 300% upside in the coming oil palm superbull

Posted by calvintaneng > 2021-10-26 23:01 | Report Abuse

We Thank Thee

https://www.youtube.com/watch?v=z9RU4JZB9hQ

Posted by rongzhou > 2021-10-26 23:05 |

Post removed.Why?

Posted by newflywing > 2021-10-28 15:46 | Report Abuse

why suddenly drop so much?

Posted by Micro5j > 2021-10-28 15:57 | Report Abuse

Buy, buy, buy, top up.....

Posted by Johnzhang > 2021-10-29 06:20 | Report Abuse

I top up at 75 sen . Free float share for this counter is relatively small.

Posted by calvintaneng > 2021-10-29 07:51 |

Post removed.Why?

Posted by keng88 > 2021-10-29 17:32 | Report Abuse

财政预算案出来棕油的暴力税从2500上到3000块，东马从3000块去到3500才会中暴力税，是不是代表政府看好明年棕油价可以保持在3500以上！！

Posted by Johnzhang > 2021-10-29 19:08 | Report Abuse

Windfall profit levy threshold for crude palm oil prices to be increased from RM2,500 per tonne to RM3,000 per tonne for Peninsular Malaysia and from RM3,000 per tonne to RM3,500 per tonne for Sabah and Sarawak. The tax rate for Sabah and Sarawak will also be raised to 3%, in line with the rate in Peninsular Malaysia, when prices exceed the threshold.

Posted by Johnzhang > 2021-10-29 19:12 | Report Abuse

Govt to introduce Cukai Makmur, a special tax on a one-off basis to companies generating high profits. The first RM100 million in taxable earnings will be taxed at 24% while the remainder will be taxed at 33% for the tax assessment year of 2022.

Posted by Johnzhang > 2021-10-29 19:19 | Report Abuse

It is not clear whether cukai makmur is applicable to oil palm plantation companies who already paying windfall tax. Any one has the information?
Cukai makmur shall impact bigger companies which earn in 2021 more than $100 mil NPBT and applicable to all sector. Companies that earn less than $100 mil NPBT are subjected to normal tax rate .

Posted by Johnzhang > 2021-10-29 20:11 | Report Abuse

Is the cukai Makmur imposed at company level ( corporate tax is imposed at company level anyway) or it is applied at group level ?
More details are needed to aases the impact .

Posted by DickyMe3 > 2021-10-29 20:14 | Report Abuse

what is group level?

Posted by calvintaneng > 2021-10-29 20:16 |

Post removed.Why?

Posted by Johnzhang > 2021-10-29 20:40 | Report Abuse

@DickyMe3, most listed plantation group consist of a numbers of smallers subsidiary companies. The accounts of the subsidiary companies are consolidated to group level to be reported on.qtrly basis to the market/Bursa . Each subsidiary company is a legal entity by itself .

Posted by Johnzhang > 2021-10-29 20:47 | Report Abuse

Some of the Direct subsidiaries of Thplant Bhd
THP Ibok Sdn. Bhd.
THP-YT Plantation Sdn. Bhd.^ THP Sabaco Sdn. Bhd.
THP Bukit Belian Sdn. Bhd. THP Saribas Sdn. Bhd.
THP Kota Bahagia Sdn. Bhd. THP Agro Management Sdn. Bhd.
Hydroflow Sdn. Bhd.
TH Ladang (Sabah & Sarawak) Sdn. Bhd.
Bumi Suria Ventures Sdn. Bhd. Maju Warisanmas Sdn. Bhd. Manisraya Sdn. Bhd.
THP Suria Mekar Sdn. Bhd

Posted by Johnzhang > 2021-10-29 20:51 | Report Abuse

You can find the subsidiaries information or the corporate structure in annual report. What we read about the qtrly results are consolidation of the results of all subsidiaries.

Posted by calvintaneng > 2021-10-29 21:07 |

Post removed.Why?

Posted by calvintaneng > 2021-10-30 15:10 |

Post removed.Why?

Posted by CCWONG > 2021-11-01 13:53 | Report Abuse

Overall, the Average CPO price is still very high and any tax is secondary to the overall earnings.

Posted by Johnzhang > 2021-11-01 15:27 | Report Abuse

I don't think there is any significant impact on plantantion even on the big one ..

Posted by CCWONG > 2021-11-01 15:30 | Report Abuse

Actually oil palm bull run has not even started and why say, it has ended

Posted by calvintaneng > 2021-11-01 15:37 | Report Abuse

Thplant is a

T = Tall
H = Healthy
Plant

Just turned green

Go go power ranger!!!

Posted by danny123 > 2021-11-01 15:37 | Report Abuse

Bull run over for Cpo.

Price will slowly come down

Posted by danny123 > 2021-11-01 15:37 | Report Abuse

Buy and get trap

Posted by Johnzhang > 2021-11-01 16:26 | Report Abuse

@ccwong, you are right to say that bull run has not even started. Historically plantantion traded at 15-25x PE. Based on forcast earning FY2021, plantantion prospective PE is only 5-8X ! This only possible in Malaysia . Malaysia Boleh!

Posted by CCWONG > 2021-11-01 23:23 | Report Abuse

Average CPO Price per ton for October 2021 is RM5,051.00.

Posted by Johnzhang > 2021-11-02 09:14 | Report Abuse

Yesterday's statistics

FBMKLCI: 1,530.92 (-31.39)
Bursa Trade Statistics:
Local Institutions (45.5%): -RM329.3m
Local Retail (31.3%): +RM314.3m
Foreign (23.2%): +RM15.0m

From the trades , Foreigners are not worried by the cukai Makmur, local institutions are! Mind boggling!

Posted by calvintaneng > 2021-11-02 09:51 | Report Abuse

foreign money are smart money to take advantage to shop for bargains

Posted by Johnzhang > 2021-11-02 09:57 | Report Abuse

IBs and many pessimist are relentlessly worried that CPO price will fall since the day CPO reached $3,000/- in 2020. CPO reached $5,350 now! Should investors be too concerned if CPO price correct down from today's level ?
I would like to share the year's high (H) , low (L) and the simple average (Avg) from year 2008 to 2021as below :
2008. $4179 (H) , $1403 (L) , $2791 (Avg)
2009. 2887,. 1630. 2259
2010. 3782. 2386. 3084
2011. 3930. 2786. 3358
2012. 3567. 2027. 2797
2013. 2635. 2157. 2396
2014. 2917. 1933. 2425
2015. 2360. 1802. 2081

2016. 3243. 2181. 2712
2017. 3344. 2338. 2841
2018. 2555. 1718. 2137
2019. 3025. 1834. 2430
2020. 3835. 2021 2928
----------------------------------------------------
Avg. 3251. 2017. 2634
----------------------------------------------------
2021YTD 5395. 3471. 4434

2021's H is 29% higher than the highest H (2008)
2021's H is 66% higher than the avg H 2008-2019
2021's L. Is 147% higher than the lowest L (2008)
2021's L is 72% higher than the avg L 2008-2019
2021's Avg is 68% higher than the Avg 2008-2019.

Despite the above , all plantantion counters stock prices are 20-50% below the highs achieved in 2008 -2020 period . Mind boggling indeed.

So, why should there be worries if CPO price indeed correct for 10-20% next year ??
02/11/2021 9:54 AM

Posted by calvintaneng > 2021-11-02 10:18 |

Post removed.Why?

Posted by novice2020 > 2021-11-02 12:57 | Report Abuse

@Calvin, Which palm oil counters got structured warrant?

Posted by calvintaneng > 2021-11-02 13:03 |

Post removed.Why?

Posted by danny123 > 2021-11-02 14:15 | Report Abuse

No more bull run

Run fast before get trap

Posted by calvintaneng > 2021-11-03 03:58 |

Post removed.Why?