Subur high quarterly eps could be due to extra ordinary items. Also bear in mind that it has high borrowings. A cheaper alternative can be found in Sin Heng Chan, fell from 50 over cents to 40 cents something. Paid up Capital not very high. In 1993, price up to over RM20 !! Anyway another good choice is IOI Plantation as it has large acreage and PNB selling non stop to get money for 10 k withdrawal. One of the few CPO shares that has not moved up, in fact it fell from a high price, despite high Cpo price.
Although I don't like Uncle attitude, but I can't deny that Subur is one of the best pick for Plantation counter.
1) The EPS for next 2 quarter will be very good, above 20 sen per quarter (this is based on my own calculation and estimation, if CPO can continue stand at RM4500 and above).
2) Subur's share unit is very little, and there is no much retailer inside (i.e. Compare to TDM, JTIASA, BPLANT..etc). So when someone start to accumulate it, it can go up very fast.
Not really advisable to use only the recent qtr result earnings. It can be one off extra ordinary gains. Better used the company past dividend ratio vs management guidance or dividend policy. Last but not the least the company planted acreage and the location of their estates. Plantation land in the right growth area is a golden source of opportunity.
dont listen to this ah koon. now he sings prases for subur. as memtioned we know what to expect. he prcce will go up and he will start to sell . thien this itchy backside fella will write something bad and price will fall.many will be trapped
Oil Palm now price still good,n then those plantation all had good profit....those below 1.00 until 2.00 plantation counter still can buy some or hold......may be they will Replace ...Glove counter....i think in Medium term ( in 3 months or six months ) they will stable........But Advice buy that we can BEAR LOST......
i come to a conclusion that this company deforest due to oil palm plantation as what EU claimed.. "Logging and a forestation contribute about one-third of the group's revenue. India is a major export market for this segment. The company has further expanded its oil palm plantation and are looking to increase the share of revenues from oil palm operations."
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Posted by investor77 > 2022-04-10 14:24 | Report Abuse
Subur high quarterly eps could be due to extra ordinary items. Also bear in mind that it has high borrowings. A cheaper alternative can be found in Sin Heng Chan, fell from 50 over cents to 40 cents something. Paid up Capital not very high. In 1993, price up to over RM20 !! Anyway another good choice is IOI Plantation as it has large acreage and PNB selling non stop to get money for 10 k withdrawal. One of the few CPO shares that has not moved up, in fact it fell from a high price, despite high Cpo price.