Another great corporate news today from Bplant, that's re-balancing its plantation assets through an accelerated replanting programme which is an organic business growth/ business expansion in order to generate more sale turnovers in order to increase future profits.
For example, a company builds up its business growth organically by increasing its equipment and machinery for its production line in view of the good market demands & prices of its products.
So, Bplant's approach is an organic growth which is good news and to be taken as business expansion in order to increase production of its FFB & CPO products. Both examples are same.
Rm100 million per year to SPEND on Replanting and Equipment ??? Very high considering the size of their Plantation and current shortage of manpower due to covid. Even IOI does NOT spend that kind of $$$$$$.
Good News is ........."" The 81 sen per share target by Maybank IB Research signifies a potential capital upside of 32.8%, based on Wednesday’s close. "" .
Bplant at today's price can't go wrong . 4th qtr EPS should be $0.18-$0.20 after taking in the gain on disposal of Kulai estate. Full year 2021 EPS shall be $0.24- $0.26 . Thus, perspective PE is only 2.5x ($0.62/$0.25)! Unbelievable!
we can calculate mathematically and fundamentally the out come of the share price and the forecast dividend. it can only be realize when the time comes. we hope for the best.
FCPO is a derivatives contact between a buyer and a seller to take and make delivery respectively of Crude Palm Oil (CPO) at a future date. It is a physically settled contract, which means that upon expiry of the contract, the buyer and seller would have to take and make delivery respectively of the physical CPO.
You can refer above bursa derivatives price for FCPO
well do investor have their personal wealth planners looking after their own investment portfolio. Minimum quota is betw MYR 1 -2 Million { depends on individual banking institution } private wealth management is now very popular in most countries
Bplant has so many good corporate news (reported directly by Bplant's Management) which means the Management is informing us their corporate business plans leading to superior performance for the present & future.
This is transparent information conveyed to the public.
Also IB had projected targeted price (TP) at RM0.81 and now upgraded to RM0.90 by Maybank IB (Buy Call for Bplant with a higher target price of RM0.90, reported in NST on 30-09-21).
Maybe, after another quarter, other IBs may jump in with their higher TP forecasts for Bplant.
I am holding and adding my Bplant portfolio for LT & dividends and I have just received my generous dividend yesterday & thanks to Bplant.
I top up 300k unit at $0.61. The trading pattern of this share I observed for past few months seem to tell me that somebody always deliberately 'managed' the price down .
From charts.... Last Support at 55cents. ( July/Aug ) .... Target now at 61cents ( Sept .... ?? ) ...... Oh ! It is my dreams playing out. So Just RAMBLING on Nonsense again..... LoL.
CGS-CIMB securities head , Ivy Ng, said yesterday " For 2021, we are looking at an average of $3,700 per tonne...." I must alert Miss Ivy Ng that average for Jan - Sep 2021 is already $4,150. To get your full year average for 2021 ($3,700), CPO price for Oct-dec 2021 ought to be $2,350! How likely? Probably she is smarter than people in the industry to see CPO plunging tommorow! What a shame!
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....
brianklc
1,624 posts
Posted by brianklc > 2021-09-29 10:30 | Report Abuse
Whoever still got cash, pls clear 615, 620 pls