Future will up or will down ? Few more days will know since we always claim say wait good good good QR announce .At that time we will know who is God and who is ghost. Hahahahahaha
It's difficult to make earning estimate based on Q4,21 CPO price. It was RM3000-4000 range. For Q1,22, it was between 6000-7000. Now, we can see how great the earnings.
The whole world is facing food shortage including cooking oils (including palm oil) and why worry as long as FCPO is in excess of RM6K/ton, and all individual oil palm smallholders & oil palm listed companies are reaping tons of profits which go directly into their pockets/banks, why worry about the movement of the share prices.
Dow Jone drops like bombs affecting tech. companies, cryptocurrencies and "Growth" companies where else oil palm list cos. are "Value" companies are holding very well and stable.
Palm oil 6k many month already is truth, shortage also is truth. But share price can't up also is truth. FCPO 6k can bring how much earnings for plantation company? No body know, cost for palm oil is how much also no people know. If only see the palm oil price is not enough support the share price, otherwise bplant was RM 2 to 3 long time ago. Market fracture, becareful before buy even though the share look like OK.... I'm waiting QR announce then just make decisions continue keep or sell.
Haven yet buy need wait QR announce, buy already also need wait QR announce, at this moment, don't do any buy or sell before earnings clear. Many people said cpo high, plantation should announce big big profit. But why share price can't up??? You need think this question carefully before you enter.
Simeplt realized CPO price for Malaysia segment is only $4,122 which is only marginally higher yoy . This is the result of too much forward sales and poor foresight ! That explain simeplt’s low profit increase yoy. Avg Spot month CPO price for Q1 is about $6,000. Most small and mid cap plantations will achieved realized price close to $5,800-6,000 and be able to report double to triple jump in yoy profit . So stay with the small and mid cap plantations.
Sime marketing have a policy to lock in 50% of thier estimate production between 3 - 6mths whenever the CPO price exceed 3,000 +. This transfer pricing policy is betw Sime estates and their downstream refinery operations
CPO prices on Friday did not drop buy went up even after Indonesia lifted export ban, a strong indication that the world edible oil supply is extremely tight
With Ukraine missing out on this spring seeding season for sunflower oil, the edible oil supply will be tight at least until next year end. That will only be good if Ukraine manages to plant sunflowers next spring, if not then xeee liao loh
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....
siamsix
8 posts
Posted by siamsix > 2022-05-18 10:05 | Report Abuse
pehh 1.09 mill buy Q at 1.02???superbbb