Quite a significant increase in production of crude plam oil, fresh fruit bunches and palm kennel during 4Q 2023..compared to the previous year ..and the previous quarter ..based on bursa announcement
Those who are not out for a fast buck, Inno is not all that bad with CPO prices above RM4000..a 3 sen dividend in the pipeline & 80% dividend payout.. Though reported CPO output has been slightly lower, the average CPO prices seems to be better this 1st Q 2024.. Dividend being paid every quarter, the next one is just a couple of months away..But with a very small free float, trading in the stock may not be that exciting generally speaking.....in my view
Sardin, be more direct as i do not know how you apply it to stock investment. where are you working and from which state? I am trying to be curious. hope you can share more of yourself. thank you.
Nice to meet you. I would like to refrain from giving my personal information because it is not relevant to our discussion. I am not sure what exactly you want to know but I'd be happy to help where I could. But remember I am not your friend and I could be wrong sometime so please be very careful.
This is a complicated-to-analyze stock so I think it could be risky for you. When I ask myself more questions I found it to be relatively more "challenging" and "tricky" to value this stock. Maybe someone know it better than me so the price keep on dropping. Sometime market could be right while we could be wrong.
You're right, Fabien. There are at least 3 wonderful things about Inno. First, talk about the land. Land concession is until 2073. It had been extended before, and will be again in future. Company like UP needs to pay for the land as quite a lot of it are leasehold. This cost is recognized as amortization. Comparing this to the rental Inno is paying despite the fact that Inno owns no land, one will find that the "effective cost to use the land" for Inno is a significantly less (RM 1.83 per ha per year or RM 3.40 if you want to assign 0 cost to the land planted with laran trees and move all the cost to the oil palm plantation). The 2nd wonderful thing is this FY2024 EPS and DPS. I would like to get your view on that. Let's see if we got the same figure.
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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....
calvintaneng
56,603 posts
Posted by calvintaneng > 2024-01-12 11:40 |
Post removed.Why?