Expect tomorrow FGV Q result to report net profit RM 158m, EPS 4.3sen. These figure is based on proportion increment in CPO price in earlier Q2 2020 vs Q2 2019
FGV report plantation profit in Q2 2020 = RM 47m FFB Production volume : 1.19 million MT CPO price: RM 2309 MT
FGV report plantation profit in Q2 2019 = -RM 54m FFB Production volume : 1.15 million MT CPO price: RM 1955 MT
FGV report swing plantation profit from loss -RM 54m to profit +RM 47m, a massive swing of RM 101m, due to CPO price increase RM 354 MT and 0.04MT increase in FFB production
Therefore, based on FGV production FFB and CPO price in Q3, FGV should report improvement in CPO price RM 491 MT and higher FFB production by 13% to give total profit RM 158m, RPS 4.3sen FFB Production volume in Q3 2020: 1.345 million MT CPO price in Q3 2020: RM 2800 MT
Remark: The above figure exclude FGV mill utilization rate which is expect to improved substantially with higher FFB process, therefore, reduce further CPO production cost RM 1411 MT in Q2 2020,
+Godllub According to other forum mikecyc is a conman., Pls do not trust his info Pls study diligently by ourselves before make a decision for investment
Tq 16/11/2020 4:59 AM
calvintaneng Godllub is another fair minded good guy giving honest warning about mickey mouse
+ Mikecyc better go see a doctor today 16/11/2020 7:03 AM
+ 1 I agreed...
Con Mickey mouse is really turning into squirrel..
Over the weekend Mickey commented bulldog posts got deleted. I checked. The truth is Non of bulldog's post are deleted. It's actually lots of Mickey's post got deleted, exactly like his puppy gayboy superstupidinvestor...
Mabel sape lak tu mickey, bulldog?. Ku punya acc pun kena banned jab aritu, tapi ku selalu letak link blog TESSA. Jarang nak komen sangat kat sini sebab market pun memang shaky ngan COVID-19. Kecuali kalau ada cable kuat dengan tukang goreng besar, boleh cakap banyak. TESSA pun tak berani lebih2 promo.
=Miz Raya Bloom Mabel sape lak tu mickey, bulldog?. Ku punya acc pun kena banned jab aritu, tapi ku selalu letak link blog TESSA. Jarang nak komen sangat kat sini sebab market pun memang shaky ngan COVID-19. Kecuali kalau ada cable kuat dengan tukang goreng besar, boleh cakap banyak. TESSA pun tak berani lebih2 promo. 16/11/2020 11:46 AM
Miz Raya,
Mickey mouse ini budak nakal. bulldog pula budak baik. Semenjak Convid 19, dunia sudah terbalik..Hihihi..
Kalau nak tahu siapa Mickeymouse sila baca selanjut nya...HiHiHi...
Calvin has discovered A REAL BIG SECRET ABOUT INVESTING IN GOOD STOCKS
India slashes palm oil imports to make room for soyoil Business Today - 11/13/2020 12:21:00 PM
Indian edible oil refiners are trimming imports of palm oil to make space for soyoil as a rally in the price of palm due to output worries reduced the spread between the two, industry officials told Reuters.
Date Settlement Price RM 13 Nov 20 3299 12 Nov 20 3391 11 Nov 20 3346 10 Nov 20 3256 9 Nov 20 3227 6 Nov 20 3181 5 Nov 20 3208 4 Nov 20 3097 3 Nov 20 3070 2 Nov 20 2975
FGV report plantation profit in Q2 2020 = RM 47m FFB Production volume : 1.19 million MT CPO price: RM 2309 MT
FGV report plantation profit in Q2 2019 = -RM 54m FFB Production volume : 1.15 million MT CPO price: RM 1955 MT
FGV report swing plantation profit from loss -RM 54m to profit +RM 47m, a massive swing of RM 101m, due to CPO price increase RM 354 MT and 0.04MT increase in FFB production
Therefore, based on FGV production FFB and CPO price in Q3, FGV should report improvement in CPO price RM 491 MT and higher FFB production by 13% to give total profit RM 158m, EPS 4.3sen
FFB Production volume in Q3 2020: 1.345 million MT CPO price in Q3 2020: RM 2800 MT
The real boom Q result will be Q4, in which based on current trend of CPO price, it likely to average about RM 3200 MT, a further RM 400 MT increment will result EPS to 8sen
FGV report plantation profit in Q2 2020 = RM 47m FFB Production volume : 1.19 million MT CPO price: RM 2309 MT
FGV report plantation profit in Q2 2019 = -RM 54m FFB Production volume : 1.15 million MT CPO price: RM 1955 MT
FGV report swing plantation profit from loss -RM 54m to profit +RM 47m, a massive swing of RM 101m, due to CPO price increase RM 354 MT and 0.04MT increase in FFB production
Therefore, based on FGV production FFB and CPO price in Q3, FGV should report improvement in CPO price RM 491 MT and higher FFB production by 13% to give total profit RM 158m, EPS 4.3sen
FFB Production volume in Q3 2020: 1.345 million MT CPO price in Q3 2020: RM 2800 MT
The real boom Q result will be Q4, in which based on current trend of CPO price, it likely to average about RM 3200 MT, a further RM 400 MT increment will result EPS to 8sen 16/11/2020 4:09 PM
Hng33 is so clever to calculate Feb 2021 result
""The real boom Q result will be Q4, in which based on current trend of CPO price, it likely to average about RM 3200 MT, a further RM 400 MT increment will result EPS to 8sen 16/11/2020 4:09 PM""
1st to report its profits. Mabel Plantation IOI saw its net profit soared by 86.5% to RM277.9 million from RM149 million in the previous corresponding quarter due to stronger CPO.
Looking forward for FGV complete turnaround result soon. As shared, FGV beside Palm Oil, has rubber plantation and Rubber price has shot up by more than 70% while FGV Palm oil has also shot up from Rm2000 to Rm3400 another 70%. We are also expecting FGV will also report an excellent result as well.
RM 2 is definitely NOT a dream...
This latest development makes Mabel really very wet...
Date Settlement Price RM 16 Nov 20 3283 13 Nov 20 3299 12 Nov 20 3391 11 Nov 20 3346 10 Nov 20 3256 9 Nov 20 3227 6 Nov 20 3181 5 Nov 20 3208 4 Nov 20 3097 3 Nov 20 3070
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
56,576 posts
Posted by calvintaneng > 2020-11-16 10:47 | Report Abuse
Squirrel appeared in Fgv?
Must be the best stock to buy now