Posted by Mabel > 2020-10-09 19:10 | Report Abuse

CPO Prices for March to May was Between RM2,100 to RM2,300

From June to August CPO prices have gone up to between RM2,400 and RM2,600

SO IT IS BENEFITTING FROM CPO PRICE SURGE (AND TODAY CPO TOUCHES RM3,000 (OCTOBER 9th 2020)

Meow Meow Meow

Posted by Mabel > 2020-10-09 19:25 | Report Abuse

9th October hari ini
Harga Sawit naik lagi
Perlabur Sawit pun banyak senang hati
Sudah Lima Mercedes Mabel sudah beli..

Meow Meow Meow

Posted by VolatileIsMyGold > 2020-10-09 19:39 | Report Abuse

Very good

Posted by VolatileIsMyGold > 2020-10-09 19:39 | Report Abuse

Uptrend resuming soon

Posted by johoran > 2020-10-09 21:25 | Report Abuse

At 3pm, CPO for third month delivery was up RM48 to RM2,936 per tonne, the highest since Sept 22.

KUALA LUMPUR: Crude palm oil futures advanced to the highest level in more than two weeks, buoyed by a recovery in demand from top buyers India and China, which may reduce global stockpiles.

Prices advanced for a fifth day and have climbed almost 8% this week.

At 3pm, CPO for third month delivery was up RM48 to RM2,936 per tonne, the highest since Sept 22.

Futures are also supported by dry weather in Brazil, which threatens the soybean crop and is bolstering prices of rival soybean oil.

“Sentiment has been underpinned by good demand and prospects of higher exports to China and India, ” said Gnanasekar Thiagarajan, head of trading and hedging strategies at Kaleesuwari Intercontinental. Weather concerns in Brazil are adding to this, he said.

India’s palm oil imports are seen rising to 8.85 million tons in 2020-21 from 8 million tons a year earlier, Thomas Mielke, chief executive officer of Oil World, said in an online seminar Thursday.

Palm oil prices will depend entirely on the performance of Indonesia’s biodiesel mandate to blend 30% of palm-biofuel with 70% diesel, known as B30, according to veteran analyst Dorab Mistry, a director at Godrej International.

Palm’s premium over gasoil has surged in recent months, making mandatory biodiesel programmes much more expensive to run.- Bloomberg

Posted by davidkkw79 > 2020-10-09 21:53 |

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Posted by Mabel > 2020-10-10 12:43 | Report Abuse

Plantation - Key Takeaways From Globoil's Webinar
Date: 9th October 2020

Solvent Extractors Association of India organised a webinar yesterday titled “World Price Outlook for Vegetable Oils and Meals”. There were three speakers i.e. Thomas Mielke from Oil World, Dorab Mistry from Godrej International and James Fry from LMC International. Here are the key takeaways from the webinar: -

James Fry said that rains and good palm prices would encourage better estate maintenance in Malaysia and Indonesia, leading to improved palm production in year 2021F. Rains would boost CPO supply in early-2021F and in the meantime, there would be a seasonal pick-up in production in 4Q2020. Peak palm production may be delayed by a month or two from the usual month of October or November in Malaysia.

In terms of demand, many companies in the HORECA sector (hotels, restaurants and catering) may not survive without government support. Families in low income countries may be trading down to smaller bottles of cooking oil. James Fry did not give a price forecast.

Thomas Mielke said that CPO prices may hover around US$700/tonne (RM2,905/tonne) in 1H2021. He forecasts global production of palm oil to increase by 3.5mil to 4mil tonnes in 2021F. CPO output in Indonesia is estimated to rise by 3mil tonnes in 2021F from about 43mil tonnes in 2020E. Thomas Mielke expects CPO production in Malaysia to be flat in 2021F.

He added that global soybean supply is ample currently in spite of weather-related losses in the US. He expects world soybean supply to increase by 21mil tonnes in 2020E/2021F as Brazil is envisaged to record a record output of 132.5mil tonnes (2019/2020E: 126.5mil tonnes).

Dorab Mistry believes that CPO production in Malaysia would be flat at 19.9mil tonnes in 2020E compared with market expectations of a decline. We believe that this implies that 4Q2020 production would be strong as Malaysia’s CPO output fell by 4.7% YoY in 8M2020. He did not give a production forecast for 2021F although he said that palm supply would be good.

Dorab has suggested a dynamic biodiesel mandate to the Indonesia government whereby if CPO prices exceed US$600/tonne, the biodiesel mandate would be reduced to B25 from B30. If CPO prices exceed US$700/tonne, the biodiesel mandate would be reduced further to B20. With this, the biodiesel mandate would still be implemented but at the same time, the smallholders would not be affected by the CPO export levy. Currently, Indonesia implements the B30 biodiesel mandate with subsidies from the CPO export levy of US$55/tonne.

Mabel Research House

Posted by BeastOfTheEast > 2020-10-10 13:27 | Report Abuse

new yoga friend

https://youtu.be/gtKhlxC2o3A

Posted by BeastOfTheEast > 2020-10-10 13:28 | Report Abuse

TDM still holding

Posted by BeastOfTheEast > 2020-10-10 13:28 | Report Abuse

Still investable

Posted by BeastOfTheEast > 2020-10-10 13:29 | Report Abuse

Very good for long termers

Posted by BeastOfTheEast > 2020-10-10 13:29 | Report Abuse

Not suitable for short term gambling investors

Posted by johoran > 2020-10-11 11:06 | Report Abuse

KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade higher next week, buoyed by expectations of stronger demand from India ahead of the Deepavali festival.

Singapore-based Palm Oil Analytics’ owner and co-founder Dr Sathia Varqa said the Festival of Lights, to be celebrated on Nov 14, would boost Indian demand for the golden crop in the near term.

"Traders also anticipate weaker production due to the rainy season which could contribute to the reduction of stockpiles in the country.

"Furthermore, they would also be waiting for the Malaysia Palm Oil Board’s (MPOB) report to be released on Monday,” he told Bernama.

On a Friday-to-Friday basis, the CPO futures contract for October 2020 rose RM174 to RM3,020 per tonne, November 2020 jumped RM201 to RM2,967 per tonne, December 2020 strengthened RM203 to RM2,911 per tonne, and January 2021 climbed RM191 to RM2,865 per tonne.

Weekly volume down to 241,460 lots from 318,816 lots in the previous week, while open interest surged to 258,490 contracts from 245,116 contracts.

On the physical market, October South stood at RM3,010 per tonne. - Bernama

Posted by ProsperousRealm > 2020-10-11 12:22 | Report Abuse

Normally can up a sen or two when current futures breach rm3,000 mark

Posted by ProsperousRealm > 2020-10-11 12:23 | Report Abuse

Normally ...

Posted by Mikecyc > 2020-10-12 07:09 |

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Posted by Mikecyc > 2020-10-12 07:12 |

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Posted by Mikecyc > 2020-10-12 07:12 |

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Posted by Mikecyc > 2020-10-12 07:13 | Report Abuse

TDM , let’s see the latest 5 years results:

FY15 : revenue = 381 million , profit = 74.3 million

FY16 : revenue = 429 million , profit = 21.5 million

FY17 : revenue = 449 million , profit = 22.7 million

FY18 : revenue = 405 million , Loss = - 76.4 million

FY19 : revenue = 432 million , Loss = -79.6 million

@>> FY20 Q1 ended March : revenue = 107 million, Loss = -8.28 million

compared to FY19 Q1: revenue = 104.7 million , Loss = -4.91 million

@>>> FY20 Q2 ended June : revenue = 83.938 million, Loss = -18.413 million .

Compared FY19 Q2 : revenue = 99.521 million, Loss = -369,000 .


## Referred to FY19 audited annual report:


Independent Auditors remarks :

>>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.

Posted by Mikecyc > 2020-10-12 07:14 | Report Abuse

TDM Hospitals performance?

> Refer to FY QR2 ended June 2020 :

Revenue Profit/ ( Loss)

Plantations 47,868,000 7,766,000

Healthcare 36,070,000 ( 2,029,000)

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.

>> note : Depreciation n amortisation is ( 20,836,000), Hospitals equipments n facilities is too Old .. sudden Huge amortisation although each years had done the amortisation .

Posted by Mikecyc > 2020-10-12 07:15 | Report Abuse

Hospitals got so many court cases ... scary

Posted by Mikecyc > 2020-10-12 07:15 |

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Posted by Mikecyc > 2020-10-12 07:16 |

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Posted by power88 > 2020-10-12 08:30 | Report Abuse

https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/2020-10-10-story-h1534582167-TOP_10_REASONS_WHY_PALM_OIL_STOCKS_MIGHT_GO_UP_IN_A_POWERFUL_BULL_RUN_C.jsp

Posted by power88 > 2020-10-12 08:31 | Report Abuse

TO SUM IT UP: 3 CHINA GREAT TYPHOONS & FLOODS WIPE OUT ALL ITS CROPS; CHINA NEEDS SOYMEAL TO FEED ITS PIGS: USA IN DROUGHT AFFECT SOYBEAN PRODUCTION; US DEMAND CHINA BUY MORE SOYBEAN IN TRADE WAR; INDIA COMING DIWALI WILL TURN TO CHEAPER PALM OIL; LACK OF WORKERS WILL CAUSE LESS FRUIT HARVEST
AS OF NOW NO ANAYLST, NO IB BANKERS, NO FUND HOUSES AND NO SIFUs WRITE ABOUT PALM OIL AS YET SO PRICES ARE STILL VERY LOW

TIME TO STUDY DEEPER AND ACT BEFORE OTHERS STAMPEDE & CHASE

BEST REGARDS

Calvin Tan Research
Singapore

Posted by MoneyAndHoney > 2020-10-12 08:42 | Report Abuse

Great news

Posted by MoneyAndHoney > 2020-10-12 08:42 | Report Abuse

up up up

Posted by Want2Win > 2020-10-12 08:43 |

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Posted by ScotFree > 2020-10-12 14:54 | Report Abuse

CPO chart complete reversal, all the shorts are dead, wipeout.

Posted by Tanhboon > 2020-10-12 17:06 | Report Abuse

Cpo on the rise again..., till Christmas comes

Posted by Mabel > 2020-10-13 00:53 | Report Abuse

.... and Mickey Mouse will lose his cheese..

Meow

Posted by Mabel > 2020-10-13 08:53 | Report Abuse

Presently, the four largest sectors on the KLCI with a combined weight of 66% are Banks (e.28.4%), Gloves (e.15.2%), Utility (e.11.8%) and Telco (e.10.6%).

If Gloves Supermax and Kossan feature in the next constituent review, these four sectors would make up about 70% of the total weight: Banks (e.27.7%), Gloves (e.19.8%), Utility (e.11.6%), Telco (e.10.3%)

Plantation currently is only 8.9% which means there lots of room to grow since there are similar advantages of medical gloves and palm oil due to the tropical climate of Malaysia

1. Why China cannot compete against Malaysian Medical gloves?

Answer:

Because China don't have rubber trees for fresh latex

And China got cold winter which is bad for glove chemical as cold weather hardens rubber fast unless they use heater which add to cost of production

2. Same reason applies to palm oil

Soybean cannot grow in winter. So from November to March USA don't have soybean

For Brazil and Argentina now got very very hot dry weather so planting is delayed even though it is Spring time in the Southern hemisphere

Palm oil is evergreen and is harvested twice a week throughout the whole year round

So, for 4 months when there is no soyoil or other vege oil then palm oil will reign as king oil

SO, FROM NOW TILL FEBRUARY PALM OIL MIGHT GO UP INTO STRONG UPTREND

SHOULD BRAZIL & ARGENTINA GOT DROUGHT THEN PALM OIL WILL GO INTO FULL FLEDGE MULTI YEAR HIGH BULL RUN.

Meow Meow Meow

Posted by FortuneBlooming > 2020-10-14 11:55 | Report Abuse

Holding firm

Posted by FortuneBlooming > 2020-10-14 11:55 | Report Abuse

Holding tight

Posted by FortuneBlooming > 2020-10-14 11:56 | Report Abuse

Very good

Posted by FortuneBlooming > 2020-10-14 11:56 | Report Abuse

Excellent

Posted by Tanhboon > 2020-10-14 15:58 | Report Abuse

Mabel —well said

Posted by Mabel > 2020-10-15 08:47 | Report Abuse

Meow Tanhboon!

All the hard work has been done...

Right now it's time to wait for our Plantation to yields..

Victorious Farmers win first and then go to Plantation, while defeated Farmers go to Plantation first and then seek to win. Opportunities multiply as they are seized.

Farmer Mabel Tzu - Plantation Strategist

Meow

Posted by Mikecyc > 2020-10-15 12:36 |

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Posted by Mikecyc > 2020-10-15 12:37 |

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Posted by Mikecyc > 2020-10-15 12:38 |

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Posted by Tanhboon > 2020-10-15 14:52 | Report Abuse

Don’t be so sure ..,
Tdm will rise after political episode over

Posted by Godllub > 2020-10-15 16:29 | Report Abuse

Dear Sifu

What is target price for TDM

Tq

Posted by Tanhboon > 2020-10-15 17:04 | Report Abuse

If the last rally of cpo at rm3200/ton is anything to go by with tdm peaking at 42sen ...
A return ...
if cpo goes further to rm3500/Ton
Then tdm May go to 50 sen ..,

Posted by Mikecyc > 2020-10-15 17:14 |

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Posted by Mikecyc > 2020-10-15 17:17 |

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Posted by Mikecyc > 2020-10-16 05:59 |

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Posted by Mikecyc > 2020-10-16 06:00 |

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Posted by Mikecyc > 2020-10-16 06:01 |

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