Prepare for Hyper Inflation .........

Very TRUE ...John. Plus there is STILL a shortage of manpower for Harvest in Oct and Nov. Then Winter ( Dec/Jan ) season when Palm Oil production will be LOW. Best scenario is that Malaysia can Maintain is 2020 production. Worse ..... Inventory will FALL below 1million tonnes coming into Festive season.

LoL .... " Another " analysis !!!

https://bepi.mpob.gov.my/admin2/price_local_daily_view_cpo_msia.php?more=Y&jenis=1Y&tahun=2021 .... Wow.... Crude Palm Oil for LOCAL deliveries at ALL TIME high of Rm5,021/=

Both Soya bean and Palm oil are NOW in "TIGHT" supply. Economies are OPENING and Year End Celebration . So ............. ?????

https://www.theedgemarkets.com/article/malaysia-endsept-palm-oil-stocks-drop-7-175-million-tonnes-%E2%80%94-mpob " Malaysia end-Sept palm oil stocks drop 7% to 1.75 million tonnes — MPOB "

https://www.marketscreener.com/news/latest/Soybeans-rise-on-tightening-edible-oil-supplies--36648020/ " Soybeans rise on tightening edible oil supplies "

LoL ...... Wait for 2021 Economy results of AUSTRALUSA ..... Besides the RECENT Purchased of Copper, Wheat and cotton are ONLY a SMALL amount. Nothing to SHOUT about. Besides ..CHINA .. DID NOT WEAPONIZE TRADE .... The GREAT USA .... Started the Trade War with China with SANCTIONS. As what the USA has BEEN DOING since 1980 and uses the US DOLLAR to weaponize TRADE. DO your Homework.

Aquaman .... Took Wrong turning and hit the Submatinee ...... ( His FACE is imprinted into the Submarine )

LoL ...... LoL ............ ( expecting a FREE Ride ?? )

PEANUTS !!!!! AFRICA is A HUGE continent.

"" Blog: Palm oil - Peaked!

Jun 10, 2021 2:26 PM | Report Abuse

Oh Yes !!! Crude Oil at US69/- Now. Once the Western Countries open up as Covid gets under CONTROL .......... In Summer .( July till Oct ) expect BINGE spending and travel. Crude Oil .... Likely to Go Up. So WILL BIODIESEL and BIOJET FUEL demand increase ? ""
.......................................
Commented in June 2021.

Now look out for the a) Production for Sept of BOTH Malaysia and Indo.( Covid effect ?) b) Indonesia has SOME interesting DEVELOPMENT 1) Blending CPO into jet fuel ? ( https://www.marketscreener.com/news/latest/Indonesia-conducts-test-flight-using-jet-fuel-mixed-with-palm-oil--36611197/ )...Due to HIGH Crude Oil prices ? 2) Taxes for Export of CPO ( Increase due to Govn short fall in Revenue ?) 3) Increase in Blending of CPO into Fuel oil ( B30 grade ) due to HIGH Crude Oil prices ? c) END STOCKS for Sept 2021 ?? For Both Indo and Malaysia ? ( Looking forward to Dec and Jan festive season ) d) Oct 2021 production will be BELOW par for Malaysia due to HUGE LABOUR shortage ( Althought should(???) SLOWLY improved in Nov and Dec 2021 ( Any effect due to LaLINO - Wet Weather expected ? )........ Many FACTORS are SUPPORTING Rm5,000/tonne .....

SUDDENLY !!!...... Lots of BUYERs in Afternoon !!!!!!

"" What is the direction for CPO price? Drawing hints from the CPO forward curve (Exhibit 2) in backwardation, the direction continues to head south with near-term price range of c.RM3,500-3,700/MT. We concur with the direction, especially as rising inventory in 2H 2021 should continue to weigh on CPO prices."""....... KENANGA ( Jul 28, 2021 9:25 PM ) .......... Oh... Such COMPETENT Analysis !!! ( LoL )

""""" Posted by DickyMe > Sep 18, 2021 12:25 PM | Report Abuse

Palm Oil going down to RM 2000 """ ... Mana Kawan kita ????

Why SHOULD CHINA BUY curde Oil at Us78/barrel ? COAL is the Chespest ..... So BURN coal. If US can BURN more COAL then ........ ???

As for HIGHER taxes or WINFALL Taxes for Plantations. STRONGLY ... Hope this WILL be IMPLEMENTED. Govn HAS HUGE SHORT-FALL in Revenue. Taxing the RICH PLANATIONS will be beneficial ......

Kenanga ..... Do your RESEARCH properly. Source of Info /Data / Statistics ?

On "BLOOMBERG " !!!! ..... Don't waste your time,,,,,,,, ( Nothing about US ...Inflation woes and DEBT crises ??? ).. Except .." Inflation is expected to EASE ?? " What if IT DOES NOT ? Will US treasuries/Bonds INCREASE in Interest/Rates ???? Hmmm .......

"""" For now, we opine that CPO prices will remain above RM4,000/MT for the remainder of the year, premised to the sustainable demand, particularly from China and India. """"" ....... ~ 6 months ago.... "" Prices seen to be 2500 to 2900 """ !!!!!! What an EXCELLENT Analysis !!! ( SAD !!! )

After Developed Nations of the WEST HAD 'Destroyed their Forest, etc ' since 1900 till 2010 and CAUSED CLIMATE change .. They NOW want the 3 world nations who CANNOT afford "Oil , Gas or SOLAR/WIND " to REFRAIN from the CHEAPEST source of energy. ARE THESE RICH WESTERN NATIONS ... WILLING to SUBSIDISE .. Reneweable Energy for these .."Third World " nations ???? STOP DREAMING ....... !!!!!!

FREE ...... a) Houses ( Min 1200ft2 ) b) Car (New) of min 1300cc c) FREE ...Education until MASTERS d) CREDIT CARD ( Min Rm10,000+- Free Credit per month ) e) HandPhones ( Min Rm 2,000 each ) f) Calls and Internet DATA ( Min 50gb/m ) g)Petrol of Rm 500/- per month h) Annual Holidays ( For 2 pax with Min Rm10,000 expenses) ... Thats is JUST a START. More DEMANDS to Come !!! LoL .... LoL .

Why so Worried ?... Many of the RICH and Elites WILL ALSO FEEL the PAIN. THEY are the ONES who should be WORRIED. ... Not the Typical ... Investors ....

China COULD have EASILY conqured ASUA in 1500.. BUT supported Local goverments.

You Guys ... Still Believe the Western Medua ?

REALLY ? Why have submarines from Us? Better to talk. Than Start an ARMS races

Should the Chinese govn BAIL out BOND Holders who "Deliberately" encouraged and Funded the RECKLESS expansion of Evergrande ??? Hmmmm .............

From charts.... Last Support at 55cents. ( July/Aug ) .... Target now at 61cents ( Sept .... ?? ) ...... Oh ! It is my dreams playing out. So Just RAMBLING on Nonsense again..... LoL.

"" ....... investors in offshore, USD-denominated corporate bonds will suffer large losses,""".. Wonder who are these co...?????

The Beginning of the " ARMS RACE " for ASEAN !!! ...US...Thanks Indo. We are READY to SUPPLY ...submarines, toperdoes, SAS missles, etc.. US$ ... Please.

"" Evergrande, which has nearly $20 billion in offshore debt, also missed a $83.5 million coupon payment on another bond last Thursday. """ .... Expected.

So MUCH HOT AIR from MCA !!! ..... MCA .....MUST check on a) The Errickson 5G award. 11 Billions ve Hwawei 5 Billion ?? b) 51% Bumi Ownership for LOGISTIC sector ( Daylight rsbbory of those involved since 25 years ago ) ??? c) the 2 billion FEES for 12 Malaysia Plan to FOREIGN consultants ?? d) Corrupt Officers in money luandering FONE 1.1 mulluon and "ALL CHARGWES duupped " ? ETC..... Oh ..... Of course .... MCA ( Lap woofff !!! )

Are you guys AWAKE now ???

Good News is ........."" The 81 sen per share target by Maybank IB Research signifies a potential capital upside of 32.8%, based on Wednesday’s close. "" .

Rm100 million per year to SPEND on Replanting and Equipment ??? Very high considering the size of their Plantation and current shortage of manpower due to covid. Even IOI does NOT spend that kind of $$$$$$.

https://blogs.worldbank.org/team/brad-parks .. Author details. Where is HIS funding COMING from ???? US ........ ???????

LoL...... Biggest Joke of the YEAR !!! Better Worry about the LARGEST DEBTOR IN the WORLD..... And the Up coming Debt ceiling. Consider US $8 trillion of US debts which are CASH out ........ Because US CANNOT pay interest Due to the Bonds/Treasuries .

https://www.marketscreener.com/news/latest/Indonesia-sets-Oct-CPO-reference-price-at-1-196-6-tonne-document--36533916/ ... Big News. "" Indonesia sets Oct CPO reference price at $1,196.6/tonne -document ""

( brianklc ) Ok, I checked, rpgt for companies is at 10% ............. Thumbs Up !!!!!

Any idea why RPGT is so high? ...... Good Question. Not same as the 3% to Pay for Capital Gains Tax.

Net assets (“NA”) and gearing

For illustrative purposes, the pro forma effects of the Proposed Disposal on the NA
and gearing of BPB Group based on the latest audited consolidated financial
statements of BPB as at 31 December 2020 and on the assumption that the
Proposed Disposal had been effected on the said date are set out below:


Audited as at 31 December 2020 ; After the Proposed Disposal
RM’ 000 RM’ 000

Share capital 1,422,344 1,422,344
Non-distributable reserves (195) (195)
Retained profits 1,161,943 (1) 1,484,903
----------------------- ------------------
Shareholders' equity / NA 2,584,092 2,907,052

Number of ordinary shares (‘000) 2,240,000 2,240,000
NA per share (RM) 1.15 1.30
Total borrowings 1,252,901 (2) 891,361
Gearing ratio (times) (3) 0.48 0.31

.............................................................................

See Page 10/11 of Announcement

Disposal Consideration 428.82
Less: (i) Audited net book value relating to the Kulai Young Estate as at 31 Dec 2020 (65.48)
(ii) Real property gains tax (39.48)
(iii) Estimated expenses (0.90)

Net gain on Proposed Disposal 322.96 million. ( Based On Accounting Procedures for 2020) ..

.....................................................................

See Page 10/11 of Announcement.

The Disposal Consideration is expected to be used by BPB and/or its subsidiaries
(“BPB Group”) in the following manner:

Details of utilisation ; RM’ million ; Timeframe for full utilisation from the completion of the Proposed Disposal

Repayment of bank borrowings (1) ; 361.54; Within 24 months
Working capital (2); 26.90 ;Within 12 months
Real property gains tax (3) ;39.48 ;Within 3 months
Other expenses (4) ;0.90; Within 1 month

Total = 428.82 million
....................................................................

Abstract from Announcement

Comments from SIFU about Bplant .... Next Move ??? ( Good for Deep thought when it is Damn Quite ) Plus .... Sitting in ZEN posture !!! ( LoL )

RM42,881,827.80 representing 10% of the Disposal Consideration (“Deposit”) on S&P signing

RM373,071,901.86 representing 87% of the Disposal Consideration (“Balance Purchase Price”) shall be paid within 14 business days from the Unconditional Date but shall in any event be no earlier than 15 December 2021 (“Completion Period”) ....... Why ???? ( No earlier ...)

RM12,864,548.34 representing 3% of the Disposal Consideration payable to Director General of Inland Revenue as required under the Real Property Gains Tax Act 1976

............................................................

Abstract from Announcement.

Audited net book value as
at 31 December 2020 (2)
: RM65.48 million (4)

Market value as at 19 March 2021 (3)
: RM390.0 million ( Messrs. C H Williams Talhar & Wong Sdn Bhd (“Valuation Report”). )

Sales Price as Per S&P = RM428.8 million.

.......................................................

From Announcement Details. https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3196109

...................................................

JAWS dropped and EYES POPPED ( @@ ) when Book Value vs Sales Price !!!

Johnzhang ....... Good Observation ..... About "Privatization " ( Dirty Word for Certain Parties ) ...

https://www.marketscreener.com/news/latest/Palm-prices-seen-firm-until-Feb-but-could-ease-from-March-analyst-Mistry--36515445/ ..... LoL .....What a few Months can do to Analysis projections !!!!

"" AUKUS is not for attacking

AUKUS is for counterbalancing & defending""

Really ??? ..... More for PROPAGATION of ARMS RACE in ASEAN !!! (( How do you STOP Hypersonic Missles which can avoid being shot down ?? ))