1. Tsh has improved it's balance sheet by an impressive reduction of loans to Rm500 millions plus an equally impressive increase in cash to Rm360 millions
debt less cash is only a mere Rm140 millions
Tsh has investments
In associate Rm78 millions in joint venture Rm112 mil investment shares Rm55 mil
total investment Rm245 millions
Investment less balance loan Rm140 mil
Surplus Rm105 millions
plus yet to come another Rm230 millions from Bulugan land 1/3 to be received
Profit expected is 10 sen not including normal operation
Tsh just declared an excellent 8 sen dividend
With net cash position Tsh can certainly declare more and more good dividends
If soybean oil goes usd1.00 in future.What price will cpo be then? Still think cpo price will be back to 2 to 3k? Once its in 4k range imeans structural shift had happened. 4k to 8k is the playground now. Easy average 10 to 15% dividend yield for palm oil stock from 2023 on until big fund start buy up until it drop to 5% ie stock price need double at least.
“You’ll probably run out of feedstocks by 2025 for Renewable diesel — that’s a problem,” says Pete Meyer, head of grain and oilseed analytics, S&P Global Platts.
By then 70% of the feedstock will have to come from vegetable oil — from soybeans, canola or even camelina.
“As this market develops, I’m guessing many will wish those were reversed,” Basse says. “Meal could become a byproduct that really drags down the price of soybeans. While at the same point, soybean oil could go to crazy levels like 90 cents or $1.”
While the impact of bio-based fuels could be similar in impact to ethanol, the comparison stops there, Flory says.
“Additional demand for vegetable oil is kind of off the charts,” he says. “It’s not like 2005-06 with ethanol — that market was developing on a mandate. Renewable diesel and SAF are developing on actual demand.”
How will these impacts be felt at the farmgate?
“Better bean prices and better basis prices for those near crush plants,” Nicholson says.
Flory agrees: “Soybeans from the 2023 crop will be in much higher demand to feed new capacity and the 2024 soybean crop will be expected to supply roughly 400 million bushels of crush capacity. All this means one thing – soybeans will be bidding more aggressive for acres in the U.S. in the next three years to feed crush expansion. Longer-term, demand for even more fuel feed stock will keep soybeans bidding for acres. This could be the rising tide that will lift all boats.”
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....
Mikecyc
46,663 posts
Posted by Mikecyc > 2022-11-28 09:17 |
Post removed.Why?