For some buffer, I think Rm40-60m will be a safe extimation

If assumptions on trade consumers above are right, than the new rate will boost PBA rev by about Rm82m p.a, which is higher than my earlier calculation.

@tigerboy correct me if I'm wrong. Thanks

Thanks for your correction @ tigerboy. I did another calculation based on 2021 data which shown the total 87,691 trade consumers consumed total of 3,530 liters/day, which is 105.9m3 monthly. Based on this assumptions, trade consumers contributed 130m in revenue yearly to PBA which is slightly higher than earlier extimation

My rough estimate on PBA 2023 earnings will be 20-25c eps.

@bfmklm Based on PBA average rev/a about 335m and commercial contribution about 36% of total rev, u can do some simple calculations comparing both old rate and new rate. My calculations in fact shown commercial users from 60-200m3 will get 63% bill increase. Rough calculation, (120m pa x 63% = 75.6m p.a), for not being too optimistic, therefore I only put 40-60m

Market will surprise after the 1Q2023 result

Seems like lot of people not aware PBA has hike their water tariff

https://www.nst.com.my/news/nation/2022/11/856060/penang-water-tariffs-be-adjusted-non-domestic-consumers-jan-1

Good news coming from Petronas!

Wow! Perdana turn to play!

Time to relook into PBA now. With the increased tariff for non domestic or commercial users drastically higher than the old rate from 1 Jan 2023, it will boost 40m-60m to PBA top line

Edgenta's business is recovering with better result expected on 2H2022, strong fundamental with low gearing, proven dividend track record. Unless something out of public info, good buying opportunity if nothing happen.

Likely due to foreign fund selling, tats no enough buyer for them to hit in a single price, therefore have to hit down

WOW!! Good job Icon!! 185m coming!! EPS 7c!!

https://www.theedgemarkets.com/article/icon-offshore-sell-jackup-rig-double-purchase-price

New contract coming maybe...

Expecting CPO to settle down at range 5500-6000, good enough for those efficient plantation companies like Cepat to make huge profit. Just updated Cepat's CPO produced on Jan & Feb 2022 vs 2021, thats 42% up. Expect Cepat could double up the profit on 1Q22.

Wow!! Luckily bot some b4 the run!!

Im not worried on Cepat going down, so long CPO sustain above 5k. I am worried i have too little of Cepat b4 the next run

Some analyst saying the CPO price of Rm8000 is not sustainable and likely to pull back which most people understand, but their neutral call on plantation sector have lots of objection. The analysts seem not understand that even with CPO price of Rm5000, plantation company like Cepat could still make huge profit. Simply plug in the figure from 4Q21, Cepat sold their CPO at the price of Rm5,072 which is a level where i think it could last until year end, simply x4, Cepat could make 31c EPS for FY22. Cepat current PE are merely <4. If a stock that likely to have huge profit coming get NEUTRAL call, i dun knw what can deserve BUY call...

But still at multiple yrs high right??

Any valid reasons why plantation counters to drop today??

It will be a day that market will acknowledge Icon's value when Icon proved its own value.

Market cannot forever ignore stock that have continuity on improving earning.

I think so long Icon can prove itself in coming few quarters result, market will then realized Icon is a buy. Just like plantation counters few weeks ago.

Deep analyst.......

CPO March break 8000!!

Icon's OSV mainly servicing Malaysia and Brunei market which impacted by monsoon on yr end, expecting the activities to be improve on 1Q-3Q. 80% of OSV are with long term contract, improving activities will contribute higher figure. Icon is also tendering 900m+ contract? with the current oil price or shall it remain above USD80, expect Icon to gain more contracts later on.

CPO for March reached 7700/mt!!

Expect Icon to improved further on FY22.

In fact, the result for FY21 is much better vs FY20 when we take out the exceptional gain of Rm27.5m on FY20, it should be PAT 32m vs 15.8m.

Could make 10c/Q

March cpo is trading at 7300 now, cannot imagine whats earning tat Cepat will announce on May

Every time say he sold at peak b4 tumble

Not sure who is hopeless...

thumb up to Charlest and vcinvestor

Fantastic result like others plantation stocks but UMCCA is so quiet... peace b4 the storm

The most quiet plantation stock

Would like to thanks Cepat ahead

i believe Cepat's management will not let disappoint me

During bad time like FY18 and 19, Cepat pay 1.5c which is above the eps for the year. FY20, payout ratio is 30% plus 20% special dividend. If we assume 50% payout, 8c div could be coming.

Wonder how much dividend Cepat will pay on April??

Brent at USD97... definitely O&G activities will get hot...
Icon's OSV ady locked in contract with the oil field operator..
With higher Brent price, Icon's OSV will sure getting more bz

FPE for hsplant now is less than 6

CPO price is now at Rm6500... if we assume Hsplant ASP for their cpo in 2022 is Rm5000, we can just simply plug in yesterday result which is 94m x 4 = 376m, which equal to Rm0.47 eps

Go Go Go!!

CEPAT has increased cpo production which now can selling at high price. Double effect on bottom line... i believe cepat result can outperform others plantation com

CPO price will definitely go higher...

https://www.reuters.com/business/energy/ukraine-crisis-threatens-sunoil-supply-fuels-vegoils-rally-2022-02-23/