Yes. Please do not write off or discount off plantation stocks. The price of global jet fuel has nearly shoot thru the roof hitting major airlines profit, bottom line & their earnings { despite the sizeable improvement in recoveries and opening of the world economy} China has produced the world first biofuel jet fuel at their Sinopec plant using recycled cooking oil or called "gut oil" locally " palm oil is the world's most common & cheapest used cooking oil far out reach its other soft oil competitors { corn oil, rapeseed, sunflower, coconut or SBO} recycled bio jetfuel oil has an added advantage of cutting down half of carbon dioxide emission over its life circle. IAE agency estimated usage of jet biofuel will balloon up from current 0.1billion litres used to 2billion - 6billion litres in the coming next 3-4years. News from REUTERS
At the close, the CPO futures contract for spot month July 2022 improved RM110 to RM5,159 a tonne, August 2022 increased RM77 to RM5,062 a tonne, benchmark September 2022 rose RM67 to RM4,989 a tonne, October 2022 was RM53 higher at RM4,958 a tonne, November 2022 added RM35 to RM4,953 a tonne, and December 2022 expanded RM33 to RM4,968 a tonne.
Total volume increased to 63,130 lots from 54,371 lots on Monday, while open interest widened to 272,086 contracts from 266,928 contracts previously.
The physical CPO price for July South was RM100 higher at RM5,250 a tonne.
sslee thanks for the buying !!! Yo Guess life is too short if a little money can make many people happy, its indeed well spent for a dividend counter like BPlant.
it rains on demented people like Cheat You Crazy as well. :)
haha brianklc missing for long time. now so cheap, why no come out shout buy? cut loss already? boooo where is your super analysis? maybe you should go and become analyst since you so "pro"...at least you predict wrongly still get good salary and bonus kikiki
>> It pointed out that since listing in 2014, Boustead Plantations has sold 2,164 hectare of land, raised RM1bil in gross proceeds, and recognised total disposal gains of RM900mil. It has also paid out RM1bil in total dividends since listing.
For those who hold the view that Bplant is hopeless shouldn’t waste their time posting in this forum. If they continue it means they are trying very hard to talk the price down to buy . It’s that simple.
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
46,782 posts
Posted by Mikecyc > 2022-06-28 15:23 |
Post removed.Why?