Expectation is not linked to performance of peers. You can be the best student in class but the scores in various subjects can still below expectation of parents or teachers.
CCwong : agree with you but the dividend is really below expectation this quarter. maybe they want to lower down the borrowings? Hopefully they can be more generous so that the share price can move.
early this year i was telling everyone to buy,and shared my estimate that Bplant could achieve RM150-200 million net profit,many was laughing at me.i am so proud for holding Bplant since last year until now despite all the teasing and bad words,as well as earning more than 100% on my investment.cheers:)
Base on 2021 profit up todate of 6.97 cents. The interim dividend 1.75 cents or 3 quarters total dividend 4.35 cents is actually 62% of total profit and this is above my expectations, which the dividend policy for Bplant is 60%. This indicates management is expecting bigger windfall profit in Q4 for much higher final dividend. My estimation Q4 profit base on average CPO price of Rm5150 and Fresh Fruits 86,000 MT monthly is at least 140m for operation and another 320m for Young Estate disposal. Total Q4 profit could be around Rm460m or RM0.205 per share
Disposal of land proceeds and gain is expected to be concluded in Quarter 1 2022. Nevertheless, the anticipated profit in the last quarter of 2021 to be even higher if the selling prices average at above RM5k. It's a no brainer and safe compared to the high valuation of Tech shares, cheers.
@KOn Lin Chai, Final dividend will be at least 3.5 cents if Q4 operation profit is 6.2 cents. Will be higher if management decide to distribute out Extra ordinary profit
Good results, price drop. With Bplant more windfall profit coming. This creates No Brainer investment opportunity. No need to use to much brain, just buy more when it touch 0.70
many people just talk without knowing Bplant history. Early years they paid very good dividend and even bonus issue ,so, many have profited like me. when CPO price started to fall, that is how share price drop very badly.. During the first MCO, the price even dropped to 24 sen, those who have fate , who bought at that time, now , they are enjoying.. This counter is moving in the right track to gain back it glory. .. .
Boustead Plantations Bhd's net profit jumped about five-fold in 3QFY21 ended Sept 30, 2021 to RM95.56 million from RM17.97 million amid higher CPO prices.
Earnings per share went up to 4.27 sen from 0.8 sen while its quarterly revenue expanded by 42.8% to RM293.77 million from RM205.68 million, boosted by increase in palm product prices that led to a profit of RM133.1 million from its operations.
Financial report is the paper record of the business ,it's just a mathematic figure in account book .But share price move up or down depend on the position of IB and Fund owner. At the moment EPF and government investment fund short of cash flow due to covid 19 outbreak, therefore lack of liquidity in the market leads to weak market status, so share price very hard to move up !
All oil palm companies have their own other specialties beside the main oil palm core business.
If FCPO & CPO market prices are good (>3,500.00/ton) & total all-in costs (Mother of all Costs) in producing the CPO is 2,000.00/ton to 2,500.00/ton including tax, tax, etc, the pretty margin of 1,000.00/ton to 1,500.00/ton is excellent profit/money to them.
The dividend this quarter is really low as they paid more last quarter. Hopefully time will prove the value of this stock and political stability is needed to solve the economy.
Those well known company share price yet to return to pre-covid level. 1. TNB 2. MBB 3. carlsberg 4. HEIM and etc.
Calvin trying to save you scrubs from getting burned in market... look at all plantations reported this quarter.. which one lost money? Simply throw a stone and bounce 2 times after also all making profits! These are stocks backed by solid earnings and bplant earnings is solid as a rock!.
Panic selling irrespective of fundamentals due to fear of a new African mutated Covid variant. Anyway, new variant or mutation is to be expected by scientists sometime ago.
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
56,706 posts
Posted by calvintaneng > 2021-11-23 21:34 |
Post removed.Why?