Excluding the gain on disposal of quoted investment, 2Q18 PATAMI would have been negative. 3Q18 result is expected to be worst due to lower tonnage of FFB, crude palm oil and palm kernel.
NSOP's earning performance has been overall unstable in last five years, whereby its earning per share overall fluctuated from -5.73 sen to 13.5en. Its earnings mostly has been affected by low CPO prices in the latest financial year. Dividend payout in the 2018 financial year totalled 8 sen per share, which corresponds to a dividend yield of 2.38%.
Malaysian palm oil will likely trade between RM3,800 per tonne and RM4,200 per tonne until the second quarter of 2023 (Q223), as palm oil production is forecast to recover slightly next year.
Malaysian Palm Oil Council (MPOC) chief executive officer Wan Aishah Wan Hamid said the higher demand for palm oil, volatility of Brent crude oil prices, and geopolitical tensions remain factors in determining price direction.
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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....
ANYU
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Posted by ANYU > 2016-06-09 11:04 | Report Abuse
Sold Dufu 有赚。