NorazmiAR 37 posts | Posted by NorazmiAR > Feb 18, 2021 1:01 PM | Report Abuse For those who are still on the fence and don't want to miss the boat to profit, just look at data above and most importantly current high CPO price from Jan 2021 until today which is at 10 year high. (almost 2 months into 1st quarter 2021) |
Tanhboon 352 posts | Posted by Tanhboon > Feb 18, 2021 3:57 PM | Report Abuse Last Q report — 1.26 sen eps when cpo rm2600/t Coming report - 2.0 sen cpo rm3000/Ton Next report — 2.5 sen cpo rm3500/ton Following report - 2.5 sen cpo rm3500/Ton 7.76 sen for 4 quarters .. x 15 PE 116 sen TP end of year 2021 Hold tdm .. don’t sell now |
Tanhboon 352 posts | Posted by Tanhboon > Feb 18, 2021 4:00 PM | Report Abuse Now only 30sen... plenty of room up overvtge next few months ... this counter good to hold on the longer term . Short term trend bullish. Correction after report out .. for short term traders . |
NorazmiAR 37 posts | Posted by NorazmiAR > Feb 18, 2021 7:38 PM | Report Abuse https://www.theedgemarkets.com/article/sime-darby-plantation-back-blac... KUALA LUMPUR (Feb 18): Sime Darby Plantation Bhd swung back into the black for the fourth quarter ended Dec 31, 2020 (4QFY20), posting a net profit of RM149 million, from a net loss of RM58 million in the corresponding quarter last year. It also ended FY20 in the black, registering a full-year net profit of RM1.19 billion, from a net loss of RM200 million a year prior. Full-year revenue was up 8% at RM13.08 billion, from RM12.06 billion in FY19. In a bourse filing, the planter said the higher net profit in 4QFY20 was on account of higher crude palm oil (CPO) and palm kernel (PK) prices, as well as higher fresh fruit bunch (FFB) output. Furthermore, its downstream unit saw better earnings following better performances from its Asia-Pacific and European operations. The planter declared final single-tier dividend of 5.42 sen per share for FY20, bringing the total dividend for the year to 9.44 sen. In FY19, the planter declared a one sen dividend. Earnings per share (EPS) for the quarter stood at 2.2 sen, from a loss per share (LPS) 0.9 sen in 4QFY19. For FY20, EPS stood at 17.2 sen, from a LPS of 2.9 sen in FY19. Quarterly revenue increased by 8% year-on-year (y-o-y) to RM3.64 billion from RM3.38 billion. FFB production increased 2% y-o-y to 2.3 million tonnes in 4QFY20 from 2.26 million tonnes. The average CPO price for the quarter was up 19% to RM2,664 per metric tonne, from RM2,239 per metric tonne a year prior. PK prices were up 42% y-o-y at RM1,673 a tonne from RM1,176 a tonne. That being said, its CPO oil extraction rate was down at 21.35%, from 21.84% in 4QFY19. Breaking down its results, the group noted that its upstream segment saw a profit before interest and tax (PBIT) of RM351 million from a loss before interest and tax (LBIT) of RM10 million in 4QFY19 following higher commodity prices and unrealised foreign currency gains due to the appreciation of ringgit and rupiah against US dollar. Meanwhile, the downstream segment’s PBIT tripled to RM202 million from RM72 million a year prior due to stronger performances from its Asia-Pacific and European operations. Sime Darby Plantation explained that the Asia-Pacific region benefited from the market price uptrend and premium from higher sales volume of Roundtable of Sustainable Palm Oil (RSPO) products which compensated for lower demand for bulk products. Its refineries in Europe recorded improved sales margins due to higher selling prices and more stringent cost controls measures which compensated for the lower demand from restrictions placed by governments to contain Covid-19. Both regions also registered fair value gains on commodity hedges as compared to significant fair value losses incurred in the same quarter last year. In a separate statement, Sime Darby Plantation chairman Tan Sri Megat Najmuddin Megat Khas said the higher palm oil prices were a blessing for all industry players in what had been one of the most challenging years in recent history for the global economy. “Sime Darby Plantation is encouraged with its overall significantly better financial performance in 2020 and the group is hopeful that it will be able to carry this through in the current financial year. |
NorazmiAR 37 posts | Posted by NorazmiAR > Feb 18, 2021 7:39 PM | Report Abuse From nett loss RM58 million to net profit of RM149 million!!! SIME Darby also said the higher net profit in 4QFY20 was on account of higher crude palm oil (CPO) and palm kernel (PK) prices, as well as higher fresh fruit bunch (FFB) output. How about TDM, together will huat aah next week? |
PunTatBerSiul 785 posts | Posted by PunTatBerSiul > Feb 18, 2021 9:58 PM | Report Abuse 15 sen coming soon! |
johoran 356 posts | Posted by johoran > Feb 18, 2021 11:04 PM | Report Abuse 30 sen.. toward 40 sen |
BountyOfTheBourse 2354 posts | Posted by BountyOfTheBourse > Feb 19, 2021 12:09 AM | Report Abuse heng aah |
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BountyOfTheBourse 2354 posts | Posted by BountyOfTheBourse > Feb 19, 2021 12:09 AM | Report Abuse ong aah |
BountyOfTheBourse 2354 posts | Posted by BountyOfTheBourse > Feb 19, 2021 12:09 AM | Report Abuse huat aah |
BountyOfTheBourse 2354 posts | Posted by BountyOfTheBourse > Feb 19, 2021 12:09 AM | Report Abuse huat chai |
BeastOfTheEast 2313 posts | Posted by BeastOfTheEast > Feb 20, 2021 7:13 AM | Report Abuse Very good |
KAQ4468 21210 posts | Posted by KAQ4468 > Feb 21, 2021 6:32 PM | Report Abuse Pasti mariiiii |
ming 1730 posts | Posted by ming > Feb 21, 2021 11:47 PM | Report Abuse Commodity price so nice.. but share price lack behind.. Hospital business hopefully getting well after vaccine.. kpj share price alrdy moving.. Whr is my turbo engine? |
Tanhboon 352 posts | Posted by Tanhboon > Feb 22, 2021 9:55 AM | Report Abuse Last report Q.. tdm profit 20mlllion .., report coming out soon .. should be 35millon up ??? |
PunTatBerSiul 785 posts | Posted by PunTatBerSiul > Feb 22, 2021 8:57 PM | Report Abuse Excellent drop! Kipidap! |
Tanhboon 352 posts | Posted by Tanhboon > Feb 23, 2021 2:50 PM | Report Abuse Market knows cpo so high ... ppl waiting to collect for price increase expectations... |
PunTatBerSiul 785 posts | Posted by PunTatBerSiul > Feb 23, 2021 5:34 PM | Report Abuse Alahai...bouncing ball in a tight range.. |
johoran 356 posts | Posted by johoran > Feb 23, 2021 8:19 PM | Report Abuse Cpo up up up huatla |
johoran 356 posts | Posted by johoran > Feb 23, 2021 9:09 PM | Report Abuse very soon goreng plantation |
dinz3483 15 posts | Posted by dinz3483 > Feb 23, 2021 10:00 PM | Report Abuse Standby shareholders.. |
BeastOfTheEast 2313 posts | Posted by BeastOfTheEast > Feb 24, 2021 12:05 AM | Report Abuse Still holding |
BeastOfTheEast 2313 posts | Posted by BeastOfTheEast > Feb 24, 2021 12:05 AM | Report Abuse Still cool |
BeastOfTheEast 2313 posts | Posted by BeastOfTheEast > Feb 24, 2021 12:05 AM | Report Abuse Still good |
BeastOfTheEast 2313 posts | Posted by BeastOfTheEast > Feb 24, 2021 12:05 AM | Report Abuse Still strong |
BeastOfTheEast 2313 posts | Posted by BeastOfTheEast > Feb 24, 2021 12:06 AM | Report Abuse Still firm |
BeastOfTheEast 2313 posts | Posted by BeastOfTheEast > Feb 24, 2021 12:06 AM | Report Abuse Still hard |
BeastOfTheEast 2313 posts | Posted by BeastOfTheEast > Feb 24, 2021 12:06 AM | Report Abuse Still stout |
BeastOfTheEast 2313 posts | Posted by BeastOfTheEast > Feb 24, 2021 12:06 AM | Report Abuse Still hale |
BeastOfTheEast 2313 posts | Posted by BeastOfTheEast > Feb 24, 2021 12:06 AM | Report Abuse Still rock |
BeastOfTheEast 2313 posts | Posted by BeastOfTheEast > Feb 24, 2021 12:07 AM | Report Abuse Still cute |
BeastOfTheEast 2313 posts | Posted by BeastOfTheEast > Feb 24, 2021 12:07 AM | Report Abuse Still hawt |
BeastOfTheEast 2313 posts | Posted by BeastOfTheEast > Feb 24, 2021 12:07 AM | Report Abuse Still zhun |
BeastOfTheEast 2313 posts | Posted by BeastOfTheEast > Feb 24, 2021 12:07 AM | Report Abuse Still ngang |
BeastOfTheEast 2313 posts | Posted by BeastOfTheEast > Feb 24, 2021 12:08 AM | Report Abuse Still gaw |
BeastOfTheEast 2313 posts | Posted by BeastOfTheEast > Feb 24, 2021 12:08 AM | Report Abuse Still geng |
NorazmiAR 37 posts | Posted by NorazmiAR > Feb 24, 2021 8:12 AM | Report Abuse https://www.theedgemarkets.com/article/ioi-corp-posts-66-jump-4q-net-profit-amid-high-cpo-prices IOI Corp Bhd* posted a 66% increase in its net profit to RM355.7 million for the second quarter ended Dec 31, 2020 from RM213.5 million in the previous year’s corresponding quarter, benefiting from high crude palm oil (CPO) and palm kernel (PK) prices. Quarterly revenue grew 25% to RM2.45 billion from RM1.96 billion a year earlier. The group announced an interim single tier dividend of 4.5 sen per share. For the cumulative six-month period, IOI Corp said its net profit jumped 75% to RM633.6 million from RM362.5 million in the previous year, while revenue increased 32% to RM4.93 billion from RM3.73 billion. |
NorazmiAR 37 posts | Posted by NorazmiAR > Feb 24, 2021 8:16 AM | Report Abuse Another Palm Oil company declaring higher net profit benefiting from high crude palm oil (CPO) and palm kernel (PK) price. https://www.bloomberg.com/news/articles/2021-02-10/j-p-morgan-sees-commodity-supercycle-already-kicking-off Supercycle for commodities shaping up to be in gear with more countries opening up after COVID-19 vaccination. |
NorazmiAR 37 posts | Posted by NorazmiAR > Feb 24, 2021 8:38 AM | Report Abuse TDM share price still stuck low price which are comparable to low range of palm oil price RM2000 - RM2300. http://bepi.mpob.gov.my/admin2/price_local_daily_view_cpo_msia.php?more=Y&jenis=1Y&tahun=2021 Since last Oct 2020 until Feb 2021, CPO price has been averaging above RM3300. This trend expected to continue with the current commodities supercycle that might be sustained for 2 - 3 years |
NorazmiAR 37 posts | Posted by NorazmiAR > Feb 24, 2021 8:42 AM | Report Abuse Those who don't want to miss this once in every 30 years opportunity, better take your position in right now!!! "The global economy tends to experience short-term cycles, such as when the economy fluctuates between weak declines and strong growth, forming an cyclic pattern. Commodity prices are affected by economic growth, and the movement of prices form cycles as well. In the next 1 or 2 years, a new cycle is expected." |
Tanhboon 352 posts | Posted by Tanhboon > Feb 24, 2021 10:36 AM | Report Abuse Soybean creeping to all time high .. sustained momentum with lower output of soybeans fm South America . With winter cold and super thick snow in planting belts of soybeans in USA.. this year planting should be delayed again ..,uncertainty of ability to restocking stockpile will drive demand exceeding supply through this year to the next ... so cpo price follows ... |
Tanhboon 352 posts | Posted by Tanhboon > Feb 24, 2021 10:37 AM | Report Abuse A combination of factors including Covid impacting the planting inputs , manpower and logistics restrictions all contributed to the reduced supply of the soybeans . |
jojo85 150 posts | Posted by jojo85 > Feb 24, 2021 8:00 PM | Report Abuse Tp 60 cents |
Albukhary 2085 posts | Posted by Albukhary > Feb 25, 2021 1:30 AM | Report Abuse Hopefully TDM tomorrow hit RM0.34 |
GoldenHarvest1 2312 posts | Posted by GoldenHarvest1 > Feb 25, 2021 2:56 AM | Report Abuse Looking good |
GoldenHarvest1 2312 posts | Posted by GoldenHarvest1 > Feb 25, 2021 2:56 AM | Report Abuse Looking strong |
GoldenHarvest1 2312 posts | Posted by GoldenHarvest1 > Feb 25, 2021 2:57 AM | Report Abuse Now stronger than close rival RSawit |
Mabel 11722 posts | Posted by Mabel > Feb 25, 2021 10:19 AM | Report Abuse Meow Meow Meow |
bulldog 8102 posts | Posted by bulldog > Feb 25, 2021 10:30 AM | Report Abuse Hi all Sifu Newbies here... Sila tunjuk ajar bossku what is the right price to buy TDM? What is the target price... Huat chaiii |
Arab 58 posts | Posted by Arab > Feb 25, 2021 10:30 AM | Report Abuse profit of the company very much depend on CPO price, produced and cost of production. The production of CPO is related to palm age, OER & recoveries. That why the profit per-hectare varies from one to another plantation company and very much related to way they plan & manage. |