Sst and other taxes being increased.. Highly unlikely windfall levy is removed. We should consider lucky if there isn't any increment..

Exactly.. 5 Sen is thousands. I will gladly wait.

@Johnzhang price fall to 70-80 then so be it... after all holding many years already... makes no difference.. just continue taking dividends...

OneOracle, well said... indeed it is worth reading as StartOfTheBull mentioned... no hate speech, nothing against any individuals.. just pure facts

MrPatience, yes i do agree, China and India might reduce soy oil from US due to currency. CPO demand from the 2 countries should probably remain stable.

Expansion on forest reserved has been permanently halted since 2018 in malaysia... The basic fundamentals of scarcity will kick in , causing price to go up as global population increases.

KUALA LUMPUR, Sept 4 — The government will not allow any more expansion of oil palm plantations in the country, Primary Industries Minister Teresa Kok said today. "We are committed to maintain at least 50 per cent of the land as forest cover, so we won’t allow any expansion of these oil palm plantations,” she said after her keynote address during the Corporate Malaysia Summit this afternoon at the Sime Darby Convention Centre here.Asked the impact of the government decision on its long-term revenue, Kok said the decision will be up to palm oil producing companies.


She noted the glut in palm oil supply worldwide due to overproduction by Malaysia and Indonesia. The two countries are the biggest producers of palm oil globally.

"The situation now is, there is excess palm oil supplies, here and in Indonesia.

"In the long run, we will let the individual plantation companies decide if they want to maintain their land as palm oil estates or harvest different crops,” she said.

She added that several companies were already mulling converting their estates into coconut plantation farms.

Kok was elaborating on an earlier statement that the local palm oil industry is looking to broaden its market internationally.

She also said her ministry is hopes all existing palm oil traders can achieve 100 per cent Malaysian Sustainable Palm Oil (MSPO) certification by December 31 next year.

"This will be challenging as only 20 per cent or around one million hectares are currently registered,” she said.

Kok said ministry had already contacted Felda and the Sabah Parti Warisan-led government to hold talks on educating rural traders on standard guidelines.

"We are going to move fast, especially with the planters in the interior section of the certain states where the aim is to educate them on the standards they would need to comply to raise the marketability of their product.

"We want to explain to the planters the importance in making first class or five-star standard palm oil.

Really Xiao... Too much hate alrdy...

Well said anthony, i bought at average of 0.63as well. Holding for a few years already and still continuing.

@MorningGlory, what is your reason of belief for commodities adjustment?

@brianklc good suggestion.

@Plantermen , you explain so nicely to these people useless la... Best way to answer rubbish is with rubbish...

Good.. Come 50 cents I buy more!

Calvin post also noisy, no post also noisy..... what u want him to do? post or no post? weirdos, cant make up your minds...

Well done from jtiasa this quarter

@ 股神 GS

Thanks for the info and thanks for sharing.

TSH has good potential.

For TSH Landsale (RM731.09 MILLION), whether it really make sense or not, can check at bursa announcements...
Refer here

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3282012

please see for yourself, how much TSH paid for the land sale....
Whether they can be net cash or not, below is the information for latest qr release:

TOTAL LIABILITIES1,157,284
TOTAL ASSETS3,127,728
Cash and bank balances276,867

@股神 GS,

To your question, I believe Calvin got his numbers from the annual report. As per below:

"With a total planted area of 579,708 hectares, we are
the world’s largest certified palm-oil producer and seller
of sustainable palm oil."

"SDP’s upstream business operates 239
plantation estates and 70 palm oil mills in
Malaysia, Indonesia, Papua New Guinea
and the Solomon Islands. This totals
744,630 hectares of landbank"

579,708 + 744,630 hectares = 1324388 hectares x 2.74105= 3272634.0195 acres (approx 3.3m acres if rounded up)

Ambank tp based on their cpo forecast on 2023... as of current, weather is bad, yield for other edible oils not good also.. dont sound convincing.. upcoming yield dont look to be promising for edible oils..

@OneOracle

Well said! pointing out all the facts and events happening. Food will always be a necessity.

The best is yet to come! With the dwindling supply of farm land, scarcity will lead to rise in value!

@FlyingEagle
说没错!

also sapu-ed here :)

why do u think no one interested in bplant? i know of people collecting bplant at this price..

has edible oil shortage been resolved? supply and demand should dictate the price of cpo.

@mrpatience.. I think it will benefit those who run plantation and mill...

Uncle... Why u didnt mention about canola oil and soy oil shortage also...

https://finance.yahoo.com/news/exclusive-malaysia-may-cut-palm-064843952.html

yes.. just collect... good price to collect from those throwing.

whether they drive tanks or hilux not important.. whats important is whether farmers can plant or not, which will affect our food prices.

@john , likely makan suap felda la... since felda had reiterated that the they still wish to take fgv private.

@natsuko how to determine value? U only give profits vs share price info... Perhaps posting eps or pe would be better?

I have no problem as long as cpo above 4k.... Plenty of profits.

say hello to 2.50 :D comoddities power!!!

if EPF didnt kacau, i think tsh alrdy 2 bucks :D

@dentab average cpo price u can get from mpob. Monthly palm yield is published every month by company....

buy buy before it rockets up!!

everyday say retracement.... y cant positive abit? gogogo!! break 5 ringgit!!

i guess John was right... regret selling at 4.00 and 4.10?

@EVO118 Perhaps you should be comparing Jan 2021 to Jan 2022 output... but rather Dec 2021 and Jan 2022 since plantations are cyclical by nature.

pls pls do yourselves and everyone a favor... dont sell to FGV cheap shares... hold your value...

1.50 mari mari!!

@haushinka, if you check bursa announcement, it seems, we should know by end of march.

jtiasa market cap much lower than bplant :)

already hit 4

hold hold hold!! why want to sell a 5 pound gold for 1 ringgit?! make no sense right?! dont give them cheap takeover!

@Derrick

"this counter is very speculative...sigh..."

this isnt even speculative... nothing good on this counter, purely made of air... better u find something else with strong earnings la...

@titan cepat ask your gang sapu pls...

"The only good thing about splits and "bonus" is that it makes the share price becomes "cheaper", so easier to GORENG

But this is also a double whammy

Easier to goreng also means bigger drop if kena sell!!!

*Full Stop*"

Following this, there's no difference between bonus issue and stock split??