China plan for a few generations ahead . Malaysia plan 5 years maximum!

I wish it to go down below $3. CNY wish for this year . Hehehe..

It’s ok to stop shipping to US. Afterall , US buy insignificant volume.

Agreed. The company has 3 solid major shareholders, IJM, Surin and Pang who collectively hold about 60%. IJM who play a pivot role has experience in ensuring the completion of the project.

A lesson must be learned! Investors must go back to basic looking into EPS, PE, cash flow , DY, etc .

Shanghai steel futures broke the CNY 5000 per tonne mark, the highest since late October, amid limited supply, rising iron ore and nickel prices, and prospects of a boom in demand. Production in China is likely to be constrained in the first quarter due to factories maintenance, the Lunar New Year holidays, and efforts by the government to limit pollution during the Beijing Winter Olympics. At the same time, prices of steelmaking ingredients nickel and iron ore remain elevated, with possible supply disruptions in top iron ore exporter Australia due to a surge in coronavirus cases. Meanwhile, there are prospects demand in China will increase in the second quarter of the year as the construction and infrastructure sectors pick up and the Chinese authorities adopt stimulus measures to shore up the economy.

Shanghai steel futures broke the CNY 5000 per tonne mark, the highest since late October, amid limited supply, rising iron ore and nickel prices, and prospects of a boom in demand. Production in China is likely to be constrained in the first quarter due to factories maintenance, the Lunar New Year holidays, and efforts by the government to limit pollution during the Beijing Winter Olympics. At the same time, prices of steelmaking ingredients nickel and iron ore remain elevated, with possible supply disruptions in top iron ore exporter Australia due to a surge in coronavirus cases. Meanwhile, there are prospects demand in China will increase in the second quarter of the year as the construction and infrastructure sectors pick up and the Chinese authorities adopt stimulus measures to shore up the economy.

Shanghai steel futures broke the CNY 5000 per tonne mark, the highest since late October, amid limited supply, rising iron ore and nickel prices, and prospects of a boom in demand. Production in China is likely to be constrained in the first quarter due to factories maintenance, the Lunar New Year holidays, and efforts by the government to limit pollution during the Beijing Winter Olympics. At the same time, prices of steelmaking ingredients nickel and iron ore remain elevated, with possible supply disruptions in top iron ore exporter Australia due to a surge in coronavirus cases. Meanwhile, there are prospects demand in China will increase in the second quarter of the year as the construction and infrastructure sectors pick up and the Chinese authorities adopt stimulus measures to shore up the economy.

May wake up soon.

CPO price has gone crazy already! It closed at a new record of $5,810 this evening! This is the result of Indonesia restricting export volume to adequately supply domestic market.

CPO price has gone crazy already! It closed at a new record of $5,810 this evening! This is the result of Indonesia restricting export volume to adequately supply domestic market.

CPO price has gone crazy already! It closed at a new record of $5,810 this evening! This is the result of Indonesia restricting export volume to adequately supply domestic market.

CPO price has gone crazy already! It closed at a new record of $5,810 this evening! This is the result of Indonesia restricting export volume to adequately supply domestic market.

CPO price has gone crazy already! It closed at a new record of $5,810 this evening! This is the result of Indonesia restricting export volume to adequately supply domestic market.

CPO price has gone crazy already! It closed at a new record of $5,810 this evening! This is the result of Indonesia restricting export volume to adequately supply domestic market.

CPO price has gone crazy already! It closed at a new record of $5,810 this evening! This is the result of Indonesia restricting export volume to adequately supply domestic market.

Madness!! FCPO Feb contract surged to $5,750 this afternoon!!

Madness!! FCPO Feb contract surged to $5,750 this afternoon!!

Madness!! FCPO Feb contract surged to $5,750 this afternoon!!

Madness!! FCPO Feb contract surged to $5,750 this afternoon!!

All the financial numbers can not lies. How long can genuine investors ignore them !

Hahaha..,
Such news did not warrant a suspension of trading!

Indeed , chintek makes 30 sen per share for Oct-Dec 21 qtr is fantastic!

30 sen eps per qtr is very good ! 2022 is another bumper year .

Hopefully some exciting announcement to come !
Meanwhile, we all can start speculating what will come . Hahaha..

@JL99999, I don’t have the patience to wait until it drop to 23-24sen. I decided to add my position from 28.5 sen progressively downwards . Shall I meet you again at 24 sen ? Hehehe…

Has a result of ESG pressure, there will be no supply growth for CPO in foreseeable years . Demand growth of 3-5% annually for edible oil remains. The supply and demand growth mismatch has driven CPO price to record level after record like what we have witnessed since 2020. In the end of the days, consumers pay extremely high price , CPO producers make records profit and most become cash rich companies and pay bumper dividends.

There hasn’t been any updates from management on the progress of the many incompleted parcels . It’s a disappointment.

@JL99999, are you an insider ? I am certainly not . Hehehe…

When panic selling comes any price is possible.

FCPo overnight closed at $5,660 for Feb contract! Why run?

Boustead/LTAT have to extract maximum value from their investment in subsidiaries and associates companies . May be fat dividend will be declared after the disposal.

Nothing wrong with PetronM. It’s going to perform very well . It’s just the Malaysian stock market is very sick .

I feel that Mikecyc actually dislike the person promoting Bplant, not Bplant itself. Hehehe….
Must read between the lines.

There are just too much misinformation , misunderstanding and misjudgment on CPO sector, largely the work of IBs. Public have been constantly told that price unsustainable ever since CPO reached $3,000 in 2020! Many cited cyclical nature of CPO as reason of not liking this sector . But then which sector is not cyclical? The whole economy is cyclical too.

Super dividend is coming.

FCPO overnight closed at $5660 for Feb contract!

The Company has said it will review the final dividend payable for FY 2021 at a later date. On top of its regular dividend schedule, the Company had earlier declared and paid the first-ever special
dividend of 18 cents per ordinary share in November 2021.

Last year’s final dividend based on 50% on NPAT was declared on 4th March 2021 while the final QR was announced end Jan too.

Just be patient

Why Neoh sold part of his shares? To give misleading impression to market ??
IJm, Surin and Pang who collectively control 60 % of the company should provide confidence.
The disappointment is there isn’t any update on the opening of more stretches for toll collection.

There will be no growth in CPO production from both Malaysia and Indonesia at least for the next few years. Global demands for edible oil for food or industrial uses will continue to grow. Other competing edible oil (which are produced only one season a year in northern hemisphere ) are facing high risk of unfavorable weather amid climate change phenomenon . You just need a bad season for soya or canola in 2022 to see CPO sustains sky rocketed price level throughout the year .

Uncle K told us months ago that $1.14 is not a dream .

@JL99999，that works for me . The lower the better. Hehehe

Disappointing QR?

The Malaysian Palm Oil Board (MPOB) revealed on Dec 10, 2021 that CPO production for the January-November period declined by 1.14 million tonnes, or 6.4%, to 16.67 million tonnes compared with 17.81 million tonnes during the January-November 2020 period due to the decline in fresh fruit bunch (FFB) processed by the mills arising from the lower FFB production

Average CPO price was $3,748 and $5.341 for Jan 21 and Nov 21 respectively, a surge of 42% which is largely the result of 6% drop in production over the period.

So, labour problem and 6% lower in production should not be blown out of proportion! In the end of the days plantations are still laughing to the bank and investors are rewarded with good dividend.

The company is sitting on $billions of cash. Can well afford to pay more

The management already said very clearly that the 18sen special dividend is NOT part of the dividend under the policy .

One disposal completed . Hope they will find buyers for the estate in Sarawak soon.

I suspect privatization on the card

CPO surged above $5,600 for Feb and March contract!

CPO crossed above $5,600 for Feb and March contract! This is no bullshit !