PALM OIL COMPANIES WILL REPORT GOOD & FANTASTIC RESULTS IN AUGUST 2022, And Here a Brief Summary, Calvin Tan

calvintaneng

Publish date: Sun, 10 Jul 2022, 10:03 PM

Dear Investors of Palm Oil Shares

Do not be disheartened due to the temporary fierce "Corrections" in Palm oil Pull Backs

WE FIRMLY BELIEVE ALL WILL REBOUND UP STRONGLY AS WE SEE FANTASTIC RESULTS OUT ONE BY ONE FROM NOW FOR ALL PALM OIL SHARES

WHY ARE WE SO BULLISH?

ANSWER:

1) BECAUSE ONLY PALM OIL GONE DOWN DUE TO SUDDEN RESUMPTION OF INDON PALM OIL EXPORTS

1.7 MILLION TONNES & THEN ANOTHER 2.5 MILLION TONNES

SINCE CONSUMPTION OF PALM OIL MONTHLY IS 6 MILLION TO 7 MILLION TONNES OR MORE IN NORMAL YEARS THESE SURPLUS STOCKS SHOULD MELT AWAY FAST AS THERE IS NOT ENOUGH VEGE OIL ON WORLD MARKETS

2) VERY HIGH COMPETING VEGE OIL NOW

SUNFLOWER OIL IS UP 100% FROM WORLD RECORD DUE TO UKRAINE/ RUSSIAN WAR

CANOLA OIL UP 50% DUE TO CANADA DROUGHT

RAPESEED OIL ALSO UP 40% DUE TO EU DROUGHT

SOYOIL WAS US 30 SEN A LB WHEN WE STARTED TO GET BULLISH ON PALM OIL. AS OF NOW SOYOIL HAS REBOUNDED ABOVE US 60 SEN A LB ABOVE WORLD RECORD

CPO NOW RM4,157 WHICH IS STILL ABOVE PAST RECORD OF RM4,000

NOW THERE IS STILL VERY HIGH REAL PROFITS FLOWING INTO PALM OIL COFFERS

SO IF ALL COMPETING VEGE OIL PRICES ARE HIGH THEN CPO PRICES WILL REMAIN ELEVATED

LATEST GOOD NEWS

INDONESIA BY JULY 20 2022 WILL INCREASE B30 TO B35 UP 33% BIOFUEL CONTENT IN ITS PETROLEUM

THIS WILL TAKE UP 2.5 MILLION TONNES OF CPO

VERY GOOD AS BRENT OIL ALSO AT USD107 HIGH

SO WE EXPECT PALM OIL COMPANIES TO MAKE DECENT PROFITS & THE SELL DOWN OF PALM OIL SHARES ACROSS THE BOARD IS OVERDONE AND RIPE FOR BULL RUN TO RESUME

3) APRIL TO JUNE 2022 WITNESSESD THE MOST SPECTACULAR JUMP OF CPO FUTURE TO CROSS RM9,000 AT THE NEWS OF INDONESIA BANNING CPO EXPORT. REAL CPO WAS SELLING FROM RM6,300 TO RM7,400 A TON

AVERAGE PRICE 2ND QTR RM6,552 (WORLD RECORD QTR)

PLUS MOST PALM OIL CO REPORTED GOOD HARVEST OF FFB AS WELL

LET'S TAKE A LOOK AT SOME

calvintaneng: SARAWAK OIL PALM (5126)

Sop last qtr profit 34.09 sen when Cpo was less than Rm6000

From April to June 2022 Cpo ranged from Rm6200 to Rm7400
With average price of Rm6500

And Ffb also gone up to 91,000 tonnes for SOP

By next month Aug 2022 SOP results should match or beat 34.09 sen

SOP lacked 20% manpower but now with Indon workers returning SOP will see more Ffb harvested

So the price returning to Rm4000 range will be supported by an increase of Ffb

Bottom line overall will be excellent

Out of 300,000 acres more than 220,000 acres are prime producing age

And best is yet to come as SOP value add by making high priced red palm oil for export to China

SOP facts

Jan to March 2022 Ffb 252,000 tonnes

April and May alone 179,000 tonnes
that is about 71% of 1st qtr

if Sop June just as normal then 2nd qtr Ffb has improved

Plus April to June 2022 Cpo averaged Rm6500 which is highest qtr record

That means that SOP Aug 2022 results will beat 34.09 sen

3 days ago

SIMEDARBY PLANT (5285)

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