note : Depreciation n amortisation is ( 20,836,000)
#Refer to FY20 QR1 ended March 2020 :
Revenue Profit/ ( Loss)
Plantations 57,120,000 ( 6,502,000)
Healthcare 61,915,000 3,008,000
#FY19 QR4 ended December 2019 :
Revenue Profit/ ( Loss)
Plantations 58,754,000 5,426,000
Healthcare 65,101,000 5,770,000
Note : Profit is reduced and become in Loss , and a lots of court cases , one court case is instructed to deposit RM 1.0 million as to winding up case.
>>EMPHASIS OF MATTER We draw your attention to Note 42 to the financial statements where various significant and material misstatements have been adjusted retrospectively in the 2018 financial statements. These errors have affected the financial position, results and the relevant disclosures of the prior years. Our opinion is not modified with respect to this matter.
compared 2018 vs 2020 first 6 months , averagely 2020 is more RM 100 / ton , ie ard 4 % , but compared to 2018 n 2020 monthly output is reduced by 32.3 % .. scary ..
Our Goal is to become No 1 Biggest producer for palm oil in the world. To achieve this goal we need to work in Team. It doesn't matter which Plantation you choose, just pick the plantation you like and trust me you are doing a great job to make Malaysia as the biggest producers of Palm Oil as Indonesia are facing difficulties due to Convid 19...
Palm oil trade between Malaysia and India has moved back on track with the latter running low on local stock. Our Plantation team in India are celebrating and rejoicing…unlike previous leadership, Modern Talking with our current Brother Louie leaders really works..
compared 2018 vs 2020 first 6 months , averagely 2020 is more RM 100 / ton , ie ard 4 % , but compared to 2018 n 2020 monthly output is reduced by 32.3 % .. scary ..
While everyone is focusing on glove counters, many have forgotten that our CPO Price has been on the rise for the past few months. Approximate 45% increase in CPO price to a range of 2800 from the low of 1900 in May 2020. CPO exports have been on the rise after MCO has been lifted. The question is which countries are we exporting to?
The increased in our exports were mainly coming from China. In short, trade war between China and US will benefit Malaysia (as a replacement of soy bean) CPO Plantation industry. We should be able to see our export continue to grow as China economy is recovering from the pandemic at a tremendous phase and India will be importing more from Malaysia as the Malaysian Government have decided to keep its export duty on crude palm oil for August unchanged at zero percent (citing the national customs department).
According to news, “the Southeast Asian nation said in May it would defer the imposition of export duties on crude palm oil to Dec. 31 in efforts to boost palm oil exports and expand into new markets.” This could further improve the demand for our CPO until the year end.
The pullback that we expected was mild amid yesterday’s rebound off the middle Bollinger band that culminated into a gap up during today’s evening session. A new higher high structure was formed thus along with a fresh signal in the Stochastic, we opine the rising momentum could steer the FCPO price higher in the near term.
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....
Mabel
23,473 posts
Posted by Mabel > 2020-09-01 23:27 | Report Abuse
@bulldog Hari2 beli Sawit
Hari2 dapat duit
Hari2 Kira profit
Hari2 TDM you can do it
Huat chaiii..
01/09/2020 9:20 PM
Absolutely bulldog!
Hari Hari tengok ladang
Bila tengok bertambah sayang
Macam mana Mummy tak sayang
TDM terus terbang melayang layang..
Meow Meow Meow