Something seriously wrong with him. He lost respect due to his own bad mouth. Himself to blame.

Public Invest : Target Price RM4.27

treasurehunt : who is this sifu?

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Posted by treasurehunt > Feb 23, 2022 6:41 PM | Report Abuse

Sifu has summoned his troops attacking. Don't play play.

It has breached Rm3.00 will it hit RM4.00?

After dividend, what's next?

Wishing your mum get well soonest. You are a good son. God blessed.

Investorrr , from your link :

Both Public Investment and CGS-CIMB set a "neutral" call on the plantation sector.

Why neutral on Plantation? Why no Buy call? Since when was the price on CPO on the rise starts? Observing any strong price movement so far?

He has been posting Plantation shares for so long.....hardly see any impact so far. Haiya.....pls be quiet.

Haha.....I said you are absolutely correct.

He hitting the nail on the head.

Plantations - CPO Price Rally Marred by ESG Concerns
Author: PublicInvest | Publish date: Mon, 8 Nov 2021, 10:20 AM

Despite sustained rally in CPO prices over the last one year, there was little cheer for the Malaysian plantation counters as only four counters under our coverage (FGV, Sarawak Plantation, TSH and Ta Ann) delivered moderate gains YTD. CPO prices have touched an all-time high of RM5,363/mt and saw a YTD gain of more than 42% while KLCI Plantation Index slipped 3.8%. We believe the key reason for the lacklustre share price performance is likely attributed to the steep ESG discount attached to the plantation valuation. Meanwhile, we have raised our 2021-2022 CPO price targets to RM4,000 and RM3,500/mt respectively. We have also streamlined our valuations to factor in the rising ESG concerns. Maintain Neutral call on the sector.

Three key ESG issues that have been plaguing the industry. Despite all the efforts adopted by plantation companies, we notice environmental groups continue to attack the sector on three key areas. i.e. deforestation (environmental), fire and haze (environmental) and labour (social). On the positive note, we have seen continuous efforts taken by the plantation companies to improve on the traceability of palm oil supply, labour welfare and adoption of monitoring system to safeguard the plantation estates.
Easing concerns for foreign worker shortage. Most plantation companies have been suffering from acute harvester shortage over the last two years due to the closure of international borders during the pandemic period. On a positive note, the Ministry of Plantation Industries and Commodities has recently approved 32,000 foreign plantation workers, who have completed their Covid-19 vaccination to be brought into Malaysia in stages starting mid-Oct. We think the impact of the additional 32,000 foreign workers on the palm oil industry will be felt sometime at the end of the 1Q 2022, potentially resulting in better crop recovery, harvesting cycle and CPO yield.
Revising up CPO price targets to RM3,500-4,000/mt. In view of the stronger-than-expected CPO price performance for the first 10 months, we revise up our 2021 CPO price forecast from RM3,200/mt to RM4,000/mt. For 2022, we raise our CPO price forecast from RM2,700/mt to RM3,500/mt. We think the current CPO price momentum would sustainable until first quarter of 2022. Thereafter, CPO prices should ease as we expect production to increase given the reprieve seen on the issue with foreign worker shortage in Malaysia.
Source: PublicInvest Research - 8 Nov 2021

OTB, you like an unsinkable ship. So many attacks from the jokers you still unwavering and steadfast. Thumb up for you.

https://klse.i3investor.com/blogs/koonyewyinblog/2021-10-31-story-h1592979288-Will_Palm_oil_price_fall_Koon_Yew_Yin.jsp

Auditorconsultant where is he? Good show!

What Monday, today will hit 2.90.

Good, I flw.

OTB, respect. An honorable person. No need to reply all these nonsense.



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I am a grateful person, he helped me a lot previously.
I cannot attack him in I3.
Moreover, I never attack any person in I3.
Thank you

Is good creating opprtunity.

Some human are worst than dogs. Dogs stomach full they mind their own business. Some human stomachs full they start creating havoc. Haha.....why ehh?

What goes down will come up also! Why you so happy?

Big Red Candle with big volume.......what does this mean?

What big news that can't be shared here!

FairTrades, tq. I will look into these numbers.

FairTrades, what is the revised target price for Samchem?

Sori looks like no big wave up.

Aluminum price is up but PMetal is down. What you think?

So 50 sen, are you selling? Haha....

All technical indicators are right. See how far it goes up,up and up

Hopefully it can fly soon!

Haha....its just cannot.

Too huge sale volume. Is still on down trend. Lower lows.

Haven't seen the support volume yet.

Samchem fair value 1.23 (RHB).

Yes, absolutely rite. We are here to make money. Pls post relevant info.

Is the overall uptrend broken already?

What about EU?

MACD, FI, more green candles and vol all favors uptrend.......is coming.

Price of SWKPLNT hardly moves with CPO price all this high. Great to take profit and revisit at later time end of the year.

Plantations not going any where soon due to ESG concerns.

Malaysia Plantations – An ESG Mountain to Climb
Author: kltrader | Publish date: Mon, 18 Oct 2021, 10:11 AM

Macquarie Equities Research (MQ Research) resumes coverage on Malaysian plantations with a non-consensus underweight view as it expects crude palm oil (CPO) prices to decline more than consensus, and for structural environmental, social and governance (ESG) headwinds to cap upside due to reliance on foreign labour. In its report dated 15 October, MQ Research says its top pick is Kuala Lumpur Kepong (KLK) with an Outperform rating and lists its order of preference for Malaysian plantation stocks.

Resuming coverage of Malaysian Plantations on a negative note
MQ Research resumes Malaysian Plantation coverage with a non-consensus Underweight (UW) stance. In order of preference, KLK (Outperform (OP), Target Price (TP): RM25.30) > IOI Corporation (IOI) (Neutral (N), TP: RM3.70) > Sime Darby Plantation (SDPL) (Underperform (UP), TP: RM3.00) > Genting Plantation (GenP) (UP, TP: RM5.00). MQ Research prefers planters that are proactive in mergers and acquisitions (M&A), have higher downstream exposure, and good operational metrics (KLK). MQ Research dislikes planters with high upstream exposure and poor operational metrics (GenP). As long as negative ESG issues, which have graduated from mainly ‘E’ to ‘S’ headlines, remain unresolved, MQ Research believes share prices will be capped despite rises in the CPO price. Key downside catalyst for the sector is downturn in CPO prices and the emergence of any further negative ESG headlines.

Downturn in CPO Prices
While the market factors in lower CPO prices, MQ Research’s FY22E/23E CPO price assumptions are 6/10%% below the street, which MQ Research expects to result in further sell-down of the sector (CY21E-23E: RM3,800/RM3,000/RM2,600 per mt). MQ Research’s lower CPO assumptions are premised on (i) better labour supply amongst Malaysia planters; and (ii) slowing soy bean demand from China as hog prices normalise. CPO and share prices have diverged in CY21 year to date (YTD) as the industry was overshadowed by ESG concerns. With valuations of Malaysian planters still above Indonesian peers and dividends insufficient to justify them as defensive play, MQ Research believes investors will choose Indonesia peers over Malaysia.

Reliance on Foreign Labour Still Risky
Any further emergence of negative labour headlines would deflate the sector even more. In the six months following SDPL’s WRO (Withhold Release Order), its share price declined 20% (vs. KLCI benchmark -8%). Planters are one of the most at-risk industries for labour abuse allegations, given (i) operations expand into rural areas, making them difficult to monitor; (ii) workers are mainly hired from other countries, increasing susceptibility to illegal hiring processes; and (iii) difficulty in automating processes. As these issues are unlikely to be solved soon, there is a likelihood more negative news emerges, which is a key derating catalyst. However, MQ Research still believes palm oil is not without its long-term redeeming qualities.

KLK Top Pick, GenP Least Preferred
After CPO futures touched RM5,000/mt, MQ Research believes it is a good time to sell. Even if the CPO price remains high, MQ Research expects any rallies in share prices to be short-lived. MQ Research’s top pick is integrated player KLK due to its earnings cushion from downstream operations and being an active M&A seeker. MQ Research’s least preferred is GenP, on large upstream earnings exposure and biodiesel-focused downstream operations. Upside risks: Higher dividend payout, La Niña onset, significant brownfield acquisitions.

Source: Macquarie Research - 18 Oct 2021

Yes trending upwards with higher lows. Weighted Avg vol increasing. Good sign. Good luck to all nx week.

What announcement? Wasn't it was done!

FairTrades , what is your technical chart views on the Target Price?

RHB gives RM8.

Pls alert if 1.0. Tq.

Good, hope SamChem up gradually.

Tq, Philip you have presented your logic with business sense.

What happenned? Superman buying even sold his underwear to hv the extra 1 share. Good luck guys........RM17 coming?

yes, congrats to those still holding.

TQ and good morning , Superman. Why not forecast for the nx few days as well at one go so that you don't hv to waste your useless time to repeating yourself again and again. Haha....Hv a nice super worst day.