FYI on fertilizer needs Palm v soy v rapeseed
https://gapki.id/en/news/18630/oil-palm-plantations-use-inorganic-fertilizer-higher-than-other-vegetable-oils-myths-facts-2-03

https://www.scmp.com/news/world/article/3170407/india-may-buy-discount...

India must be desperate to risk sanctions

https://www.scmp.com/news/world/article/3170407/india-may-buy-discount...

India must be desperate to risk sanctions

https://www.scmp.com/news/world/article/3170407/india-may-buy-discounted-russian-oil-and-commodities-say-officials

India must be desperate to risk sanctions

Argentina banned exports of soy bean and oil

https://www.reuters.com/world/americas/argentina-halts-export-registration-soy-oil-meal-2022-03-14/

https://www.reuters.com/world/americas/argentina-halts-export-registration-soy-oil-meal-2022-03-14/

New demand from orangutans!!

@novice,investor
Go look at Cepat and MHC quarterly report.They rank amongst the top in transparency in reporting on their production and financials.
The 'green' (environmental) and the 'gold'($$) is in their conversion of waste to energy.ie EFB (empty fruit bunch) ,EFB oil and biogas.Electricity FIT(feed in tariff) cannot be changed but they can sell off the excess EFB and EFB oil. all lumped together in Power generation which contributes between 16-20% of profit

@novice,investor
Go look at Cepat and MHC quarterly report.They rank amongst the top in transparency in reporting on their production and financials.
The 'green' (environmental) and the 'gold'($$) is in their conversion of waste to energy.ie EFB (empty fruit bunch) ,EFB oil and biogas.Electricity FIT(feed in tariff) cannot be changed but they can sell off the excess EFB and EFB oil. all lumped together in Power generation which contributes between 16-20% of profit

FY20 dividend was1.5sen. the 4sen was for FY21.Assuming 50% payout can look forward to 6.5sen, if more its better.

KLK financial year end is September and full year EPS is 209.3sen 4Q21 incorporated only 1month IJMP results.
1Q22(dec21) v 4Q21(Sep21) PAT roughly flat.Presume integration costs (kitchen sinking) IJMP. However KLK hectarage has increased 30% and CPO price has increased more than 40% ( compared against FYE21 in Sept). Hence despite all the taxes and levies in Malaysia and Indonesia, can expect KLK to have a huge improvement in EPS. A 'no brainer' buy

Malaysia real basket case!! In Indonesia from ministers ,GAPKI,Plantation owners and industry players generally all in syn, at worse neutral hedging their CPO price call; not like here trying to talk the price down and coming from industry players.

Most IBs wrong about CPO since 2020.Some are conspicuously missing(not writing) reports for a year!!

@noob cannot swim dont go into the water!! spreading negativities everywhere

Dependent on crop output,EPS 1Q22 of 15 sen would be good.Would be better if they paid dividend quarterly.At current price for FY22 Div yield of 6% minimum,possible 10%

Palm oil and other edible oils started upward trend in 2020,continued into 2021 accentuated by the weather,Covid and supply chain disruptions well before the war .
Same goes for most metals
A single bar or candle does not make a trend.

@newbie
FCPO april above 7000 ...how?

5.5% yield(dividend) over 2.5 weeks nobody wants??

Troll bots

@ joker go short cpo futures ....faster lah

Indications are pointing to a 6100-6500 average for CPO for1Q22 Approximately a 50% jump from FY21 average of 4368 and 20% from 4Q21.Searching for those that have shown a similar 'conversion' of CPO price to EPS we look at the increase between 3Q21 and 4Q21 eps.(this is shorcut,have to track back further for consistency)These companies also have in common by selling spot price.On my list Cepat, HSPlant,Inno, MHC,SOP ,SWKplt and TSH

@OTB ,John
Stated cost of production can be actually quite misleading!As john has mentioned productivity or yield plays a part be it on per mt CPO or per hectare.(also transport). Administrative costs,interest(borrowings) and last but most important is selling price/policy has the biggest impact on EPS

Temporary only

Still the best dividend yield stock.Calendar year 21 and Financial year 21 and likely for 2022

Indications are pointing to a 6100-6500 average for CPO for1Q22 Approximately a 50% jump from FY21 average of 4368 and 20% from 4Q21.Searching for those that have shown a similar 'conversion' of CPO price to EPS we look at the increase between 3Q21 and 4Q21 eps.(this is shorcut,have to track back further for consistency)These companies also have in common by selling spot price.On my list Cepat, HSPlant,Inno, MHC,SOP ,SWKplt and TSH

Planned only .Blame their 'advisors' who also caused Simeplt to sell forward

Vertigo! Thanks to naysayers,IBs and Doral Mistry , CPO sharp run up above 8000 could partially be due to a short squeeze:forward sellers who cannot deliver because of production shortfall.Some planters have held back CPO(not selling their full production).INNO is one of them

Full year 2022 eps Rm1.00 impossible but >= 30 sen highly possible

Missed out INNO

Buyers of Simeplt CPO cargo stopped by US customs should sue US for the price differential. Send Andy Hall to the Ukraine frontlines.

FYE2021 net profit of Rm 87.069m v Revenue of Rm229.999m is a very nice 37.86% and that is on a realized CPO average selling price of CPO Rm4368 and PK Rm2835.
Jan22 and Feb 22 average prices CPO Rm5529 and PK Rm4438.
Historically Feb and Mar production is lower but more than off set by the price increase and should be better than 4Q21.

Can expect 6cts dividend per quarter for 2022...12% yield

Its power generation(electricity),EFB and EFB oil is making good money
Same with MHC

4Q21 approx 2cts came from electricity

Cepat results out 4q21 eps 7.74 FY21 eps 16.38

FYI
https://www.theedgemarkets.com/article/urusharta-jamaah-explains-its-role-and-strategy

careful what you wish for!!Taann may do it on the cheap with the dumbass Urusharta selling.

@Calvin
there is a biological asset mark down of Rm56.5 millions

If not for this defection Thplant would have reported a nice 6.59 sen profit

Biological assets consists of "produce growing on bearer plants"

That is equivalent to 50000mt of FFB "lost"

This is a big red flag!

PBB report price assumption is too low.Earnings projections are very understated.2022 forecast eps 35.4 v 2021 9mth actual 34.15

Paid money for CON-sultan (who is palm oil trader) that talks CPO price down

Swkplnt per share EPS and dividends better than Simeplnt.Should deserve better price than this.

SOLD forward! Simeplt full year 2021 Msia ASP 3693 is below 1Q2021 average price of 3877 and 2021 ave of 4384.

Its a GLC! no need say more

@supersing BK holdings in KLK at current prices worth Rm34.70

As long as CPO price remains firm the next 2 quarters Jan-Mar22 and Apr-Jun22 results should be progressively better.Rehabilitation or remedial work(eg fertiliser) on IJMP should filter in since KLK only acquired IJMP in sep2021.
KLK CPO ASP 1QFY22 4063 v 4QFY21 3631 increase 11.9% (fair)
Msia CPO Dec21 v Sep21 up 17%
Indon CPO Dec21 v Sep21 up 15%
not stated anywhere but my guess could be unwinding some contracts of IJMP

Planted and /or unplanted 9800ha at market cap of Rm48.3m implies only Rm4929 per hectare. Very cheap BUT really lousy management !!!

@dollar EV/ha you got it! should be around Rm40k and PE of 5x only.If div 50% payout ratio that will be a 10% yield

30% increase in hectarage(implies 30% increase in FFB ,IJMPlnt acquisition) and 20% increase in cpo price.As CPO remains above 5000 can assume a 40% jump in fye2022 EPS

@johnzhang
The average selling price is not split between Indon and Malaysia production.With Indon levies and taxes the ASP is quite fair and not too far forward.

BS article .excuse for Gov to dip into EPF

1 YOU CANNOT LEGISLATE THE POOR INTO PROSPERITY BY LEGISLATING THE WEALTHY OUT OF PROSPERITY

2 WHAT ONE PERSON RECEIVES WITHOUT WORKING FOR,ANOTHER PERSON MUST WORK FOR WITHOUT RECEIVING.

3 THE GOVERNMENT CANNOT GIVE TO ANYBODY ANYTHING THAT THE GOVERNMENT DOES NOT FIRST TAKE FROM SOMEBODY ELSE.

4 YOU CANNOT MULTIPLY WEALTH BY DIVIDING IT.

5 WHEN HALF OF THE PEOPLE GET THE IDEA THAT THEY DO NOT HAVE TO WORK,BECAUSE THE OTHER HALF IS GOING TO TAKE CARE OF THEM,AND WHEN THE OTHER HALF GETS THE IDEA THAT IT DOES NO GOOD TO WORK,BECAUSE SOMEBODY ELSE IS GOING TO GET WHAT THEY WORK FOR,THAT IS THE BEGINNING OF THE END OF ANY NATION

crop report out,projected 4Q21 EPS 24sen and dividend 14 sen