1. Soyoil rebounded in Usa so Cpo should firm up on monday
2. With non current debt pared down by another Rm150 millions the remaining Rm5.5 mil bank int incurred might go down further and good for balance sheet
5. Overall with Foreign Funds already in Ioi corp and Simeplant it is a matter of time more of the same will happen as Funds switch out of frothy Tech stocks to solid commodities
kelvin_ik4u Plam oil is always like that, start plant require cash/fund/debts to build empire. Once it empire steady and cash generated machine, it will be an auto-pilot for next 18yrs. This counter will be the next shine palm oil for this year.. it's CAGR 21% compounding for next 3 yrs, now Bumitama just sit and collect money as all it palm tree is 6-7yrs now with FFB nucleus oil >24%, 107% growth vs Q1'FY13. Strongly believe this counter will start give dividents moving forward. Since CPO price is up ard ~RM2700/tan metric, I believe will share price will skyrocket this yr. Target $2.00 before end of this year 2014. 19/05/2014 6:16 PM
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
calvintaneng
55,134 posts
Posted by calvintaneng > 2023-08-05 22:16 | Report Abuse
See Sarikei along Pan Borneo Highway
https://www.youtube.com/watch?v=m01kEWxQ6zA