ahbah and supersinginvestor, thanks for your compliment. I am just an ordinary investor and is happy to share my thoughts.

Plantations has been reporting increasing profit for past many qtrs and the next many qtrs . It’s better than steel

Oiikh899, No one should follow me . They should follow their hearts that tell them where to invest their own money.
My intention of posting a lot of comments in plantation forum is to share my knowledge and the view on how I look at the financials from multiple angles .

If CPO stays strong above $5,000 for most of the month in 2022, EPS purely from operations may reach 20sen. At PE 15x , it worth $3.00 ?
Asset monetisation gain in pocket from Kulai land sales is 24 sen . Ongoing plan to sell under performing Sarawak estate? Further monetisation of development freehold land in WM ? As a result, handsome special dividend payout like before ?
All this may drive Bplant share price very high provided Malaysian stock market sentiment remain bullish

Bek Nielsen never tell the public how much is the NETT positive impact on plantation’s profitability . People in the industry can confirm that the profit increase arising from the historic high CPO price is many times more than the production cost increase.

@nuke, Sure it will. But Bek Nielsen never tell the public how much is the NETT positive impact on plantation profitability . People in the industry can confirm that the profit increase arising from the historic high CPO price is many times more than the production cost increase.

Hengyuan and petronM shall make very good profit in 2022.

Labour problem has Limited financial impact . On the whole country basis, production in 2021 drop by about 5% only (19.2 mil Mt vs 18.2 mil mt), but CPO price gone up 60% (av $4417 vs $2765). All plantation should rightly make a lot more profit in 2021.

I think the biggest issue for Utd plant in 2021 is too much forward CPO sales at very low price . The average realized selling price for the Jan- Sept 2021 qtrs was only $2,971! Even Simeplant which has substantially more production in Indonesia achieved higher realized price of $3,545 for same period.

Pang 72, I have no interest to sell Taann to you or anyone. What I posted is merely for knowledge sharing. If you have the knowledge pls also share with the investing public. When Taann was $4.00 this noon, you claimed that the good QR is already priced in. I thought you know something that I can learn from you.

Thanks MuttsInvestor. The value recognition JUST STARTED and begin to attract a bit more attention. I personally think the bull has still many months to run.

Utd plantation will have its day too.

Research firms mostly 'positive' on plantation sector

11/02/2022 11:54 AM
KUALA LUMPUR, Feb 11 -- MIDF Research has maintained its ‘positive’ rating on the plantation sector, with a crude palm oil (CPO) target price of RM3,300 per tonne for 2022.

Maybank IBG Research also maintained its 'positive' call on the plantation sector, and expects February's exports figures to be encouraging despite the current record palm oil prices and lesser working days during the month following the long Chinese New Year holiday.

CGS-CIMB has placed a ‘neutral’ rating on the sector, and is keeping its 2023-2024 CPO forecasts unchanged at RM3,240 per tonne. However, it had raised its Malaysian CPO price forecast for 2022 by 14 per cent to RM4,100 per tonne from RM3,600 per tonne previously.
——————————————
These research houses are just too far behind the curve ! They are sleeping!

For oil palm plantation, it is only right to compare production y-o-y.
Q-o-Q comparison doesn’t tell you the full picture as there is seasonal factor in FFB production.

But Jayatiasa management are not good in plantation, neither good in timber/plywood too. Timber/plywood business always drag the company down.

Possibly 3..5 to 5.0 sen final dividend? Hope our wish come true

Pang72, how do you know it is already priced in? Pls share your analysis.

BJFood posted 3.4 folds growth of profit y-o-y for the Oct-Dec 2021 qtr and declared 1 sen interim dividend. As a result, it’s share price limits up this morning which is helped by the positive sentiment in Bursa now.
SOP is expected to also post over 7 folds jump of profit y-o-y for Oct-Dec 2021 qtr and expect to declare higher dividend.

Has the market priced in this ? I don’t think so .

Let’s watch!

BJFood posted 3.4 folds growth of profit y-o-y for the Oct-Dec 2021 qtr and declared 1 sen interim dividend. As a result, it’s share price limits up this morning which is helped by the positive sentiment in Bursa lately .

Taann is expected to also post 20 folds jump of profit y-o-y for Oct-Dec 2021 qtr ( est 25 sen vs (4.8) sen), and expect to declare robust dividend. I wonder how the market is going to react when the QR released within this month ?

BJFood posted 3.4 folds growth of profit y-o-y for the Oct-Dec 2021 qtr and declared 1 sen interim dividend. As a result, it’s share price limits up this morning which is helped by the positive sentiment in Bursa now.

Bplant is expected to also post over 3 folds jump of profit y-o-y for Oct-Dec 2021 qtr and expect to declare even higher dividend. I wonder how the market is going to react when the QR released within this month ?

No doubt China is a big buyer , but they needed the edible oil anyway. Most ministers utter nonsense all the time.

ESG my foot ! Millions of poor people in underdeveloped countries are earning meagre income that is not enough to provide for the family’s very basic needs! The foreign labours in the plantations are earning $2-3,000 per month and able to provide foods, shelter and education to the families back home.
Largely because of ESG backlash, oil price and food price skyrocketed and the millions of poor sink deeper into poverty.
Anyone is sending ESG free money to help all these poor families immediately??
Many ESG hiprocrates around

Interest rate hike and Fed tightening will not affect the real economy and the traditional sector like agriculture . It will adversely affect the over valued capital market especially stocks with lofty valuations and only sell the growth story.

Below news report said “ The bull market has staying power” . Up to individual to evaluate if that makes sense .

LONDON (Feb 10): From morning lattes to dinnertime roasts, prices for major food staples are on the boil.

The Bloomberg Agriculture Spot Subindex, which tracks nine agricultural commodities, is nearing an all-time high. Prices across grains, oilseed and softs markets have rallied as supply shortfalls abound, a signal that food inflation already hitting consumers worldwide is unlikely to let up soon.

inputs from energy to packaging rose 10% in January versus last year. And unlike past volatile commodity cycles, farmers are unlikely to ramp up production significantly.

That echoes supply challenges rippling across crop markets. Stockpiles of arabica-coffee at exchange warehouses dwindled to a 22-year low this week, and a US Department of Agriculture report pared its estimate for world wheat and cotton reserves.

Dryness has also spanned key South America soybean-growing regions, as well as west African nations that produce the bulk of the world’s cocoa. And farmers are facing challenges from rocketing costs for fertilizer, pesticides and diesel.

“Prices are rising on strong demand and dwindling stocks with supply-chain challenges still an issue,” Judy Ganes, president of J. Ganes Consulting, said by message.

The gains across food markets threaten to hit import-reliant regions hardest. A milling association in Cameroon this week halted flour deliveries due to soaring costs for wheat.

Soybeans futures topped US$16 bushel in Chicago on Thursday for the first time since May. Cocoa in New York touched a one-year high. The BCOM index will update after trading closes.

“The bull market has staying power,” Rabobank analysts said in a note. “Worsening weather for La Nina-hit southern Brazil and Argentina is eroding global feed prospects and shifting demand to the US, where supplies and acreage expansion are limited.”

Good show Taann. It worths much more!

LONDON (Feb 10): From morning lattes to dinnertime roasts, prices for major food staples are on the boil.

The Bloomberg Agriculture Spot Subindex, which tracks nine agricultural commodities, is nearing an all-time high. Prices across grains, oilseed and softs markets have rallied as supply shortfalls abound, a signal that food inflation already hitting consumers worldwide is unlikely to let up soon.

inputs from energy to packaging rose 10% in January versus last year. And unlike past volatile commodity cycles, farmers are unlikely to ramp up production significantly.

That echoes supply challenges rippling across crop markets. Stockpiles of arabica-coffee at exchange warehouses dwindled to a 22-year low this week, and a US Department of Agriculture report pared its estimate for world wheat and cotton reserves.

Dryness has also spanned key South America soybean-growing regions, as well as west African nations that produce the bulk of the world’s cocoa. And farmers are facing challenges from rocketing costs for fertilizer, pesticides and diesel.

“Prices are rising on strong demand and dwindling stocks with supply-chain challenges still an issue,” Judy Ganes, president of J. Ganes Consulting, said by message.

The gains across food markets threaten to hit import-reliant regions hardest. A milling association in Cameroon this week halted flour deliveries due to soaring costs for wheat.

Soybeans futures topped US$16 bushel in Chicago on Thursday for the first time since May. Cocoa in New York touched a one-year high. The BCOM index will update after trading closes.

“The bull market has staying power,” Rabobank analysts said in a note. “Worsening weather for La Nina-hit southern Brazil and Argentina is eroding global feed prospects and shifting demand to the US, where supplies and acreage expansion are limited.

The link to view the FCPO prices :
https://www.bursamalaysia.com/market_information/derivatives_prices?code=FCPO&session=day

Sardin, if you want to know the daily spot prices published by MPOB you can go to the following links:
https://bepi.mpob.gov.my/admin2/price_local_daily_view_cpo_msia.php?jenis=1Y&more=Y&tahun=2021

Hi Sardin, you can go to Bursa website under derivatives section to view the daily prices for each of the future months . The prices change as frequent as the trade done. I summed up the settlement prices for Feb to Dec 2022 and average it out .

LONDON (Feb 10): From morning lattes to dinnertime roasts, prices for major food staples are on the boil.

The Bloomberg Agriculture Spot Subindex, which tracks nine agricultural commodities, is nearing an all-time high. Prices across grains, oilseed and softs markets have rallied as supply shortfalls abound, a signal that food inflation already hitting consumers worldwide is unlikely to let up soon.

inputs from energy to packaging rose 10% in January versus last year. And unlike past volatile commodity cycles, farmers are unlikely to ramp up production significantly.

That echoes supply challenges rippling across crop markets. Stockpiles of arabica-coffee at exchange warehouses dwindled to a 22-year low this week, and a US Department of Agriculture report pared its estimate for world wheat and cotton reserves.

Dryness has also spanned key South America soybean-growing regions, as well as west African nations that produce the bulk of the world’s cocoa. And farmers are facing challenges from rocketing costs for fertilizer, pesticides and diesel.

“Prices are rising on strong demand and dwindling stocks with supply-chain challenges still an issue,” Judy Ganes, president of J. Ganes Consulting, said by message.

The gains across food markets threaten to hit import-reliant regions hardest. A milling association in Cameroon this week halted flour deliveries due to soaring costs for wheat.

Soybeans futures topped US$16 bushel in Chicago on Thursday for the first time since May. Cocoa in New York touched a one-year high. The BCOM index will update after trading closes.

“The bull market has staying power,” Rabobank analysts said in a note. “Worsening weather for La Nina-hit southern Brazil and Argentina is eroding global feed prospects and shifting demand to the US, where supplies and acreage expansion are limited.”

Not to worry even if price pull back a bit tomorrow. By end Feb, it will be higher.

No worries. With very high cracking spread the company is going to make good money. Share price will recover above $6/- before mid year. Just my take. I am taking increasing position in this counter .

The LME three-month aluminum price surged to a record high of $3,325 per tonne in February, as strong demand and limited output have pushed inventories to critical levels. Smelters in Europe reduced production due to the high energy cost, while coronavirus-related restrictions disrupted China's output. As a result, metal stocks in the LME warehouses have tumbled to 768,250 tonnes, their lowest level since February 2007. .

The LME three-month aluminum price surged to a record high of $3,325 per tonne in February, as strong demand and limited output have pushed inventories to critical levels. Smelters in Europe reduced production due to the high energy cost, while coronavirus-related restrictions disrupted China's output. As a result, metal stocks in the LME warehouses have tumbled to 768,250 tonnes, their lowest level since February 2007. .

@MuttsInvestir, Gong Xi Fa Cai! very soon we can afford much better whiskey than Timah.

Enjoy the good time Simeplant brings lah…No point to argue lah..

@Dragon328, to be accurate I only said CPO will stay at high level as supply of all edible oils are affected by climate change , labour issue and lack of investment in the past few years while demand continue to grow . As long as there is NO bumper harvest for the competing oil crops, mainly soya, canola and sunflower seed, which is likely the case due to frequent wild weather swing, CPO will stay well above the past average level benefiting oil palm growers . I think there will be NO production increase for CPO in 2022 too. CPO can not continue to go up to the sky . Price level will find its equilibrium level one day and I believe the equilibrium level is much higher than the average of past 5 years .

Finally the roadblock to 80 sen is dismantled. Huat lah..

Ooi, good to monitor how much is EPF net sell starting this Feb.

When Bplant declares part of the proceed from asset monetisation for special dividend , I am sure BPlant will go much higher than Maybank’s TP.

ESG? Food prices rocketed due to production constraints and NO new investment in the past few years . Millions of poor people in many countries are pushed further down in poverty. They can only buy half of what they could buy before . Anyone going to send money to make up for shortfall ?

ESG ?? Yes, thousands of foreign labourers sweat it out to make $2-3,000 that is enough to provide shelter, food and education to their families back home. Anyone speak up for the millions of poor people who find NO job and No food on the tables in some of the poorer countries ?

Today is for the big guys to catch up eg KLK, Simeplant , IOI etc.
Tomorrow is for small and midsize counters . Just wait for your turn .

The day-to-day or month-to-month CPO price fluctuations is not important at all. Too stressful to trade based on day-to-day or very short term price movements.
What matters most is what you think is the average CPO price over longer period like 6 months, 1 year and 2 years . You don’t have to worry any temporary share price correction if the plantations are going to make more profit based on your view of the average CPO price. Sell now if you think the company is going to make less money.

Can easily recover to over $4.00 when the Q4 results is announced this months.

Black cat or white cat ? The cat that catches mice is a good cat . Hehehe..

$30 price. No doubt about it!

Taann's own FFB production in Q4 2021 was 203,744 mt (Q4 2020 171,521 mt), up a huge 19% y-o-y which is fantastic in view of labour shortage. Avg CPO price is 54% higher y-o-y ($5,154 vs $3,341) . Log production is also higher by 4% y-o-y .Therefore, Q4 2021 y-o-y earning growth shall be explosive.

CPO price for Jan 2022 is 43% higher y-o-y ($5,354 VS $3,748) and is expected to achieve well above $5,000 for Q1 2022 (Q1 2021 was $3,895). Therefore, we are quite sure of yet another explosive earning growth for Q1 2022 too.

Taann's share price at $3.80 is just too undervalued!

SOP's own FFB production in Q4 2021 was 315,481 mt (Q4 2020 325,944 mt), down by 3% y-o-y which is fantastic in view of worsening labour shortage. Avg CPO price for Q4 2021 is 54% higher y-o-y ($5,154 vs $3,341) Therefore, Q4 2021 y-o-y earning growth shall be explosive.

CPO price Jan 2022 is 43% higher y-o-y ($5,354 VS $3,748) and it is expected to hold above $5,000 for a while . We will see yet another explosive earning growth for Q1 2022 too.

SOP share price at $4.04 is just too undervalued!

Swkpltn's own FFB production in Q4 2021 was 84,682 mt (Q4 2020 73,088 mt), up 16% y-o-y which is fantastic in view of worsening labour shortage. Avg CPO price is 54% higher y-o-y ($5,154 vs $3,341) Therefore, Q4 2021 y-o-y earning growth shall be explosive.

However, FFB production for Jan 2022 is 9% lower y-o-y (20.038 mt vs 22,042 mt) while CPO price is 43% higher y-o-y ($5,354 VS $3,748) . We will still see earning growth for Q1 2022