@little piggy ooihk899 Wat kok u talking? No capital gains. Go back n check 15 years How much returns per year? Or u want me to do that for you?? Check n count before u talk kok@ooihk899 Now u want talk facts lets talk facts!!
Aiyoyo, Unker siFat get angry lo. Ok lah TP is Sky is the limit, happy? Most ppl who appear here now majority are momentum buyer ma, if you look at the 6 month or 1 year chart, it won't move a lot ma. Only if you look at 10 - 15 years chart then there will be big difference lor . I dun wan to be like you ma, when you ask ppl to buy the price went down ma. Fact is after your Sky is the limit performance it went down, just last week also the same ma. Wakakakaka.
Ooihk899 U r full of sheet lorr... Stop.commenting here.. Cos now i know u just a troll little piggy... Ask ur fren pinky how much ROI on UP for pass 15 or 20 years..he will tell u.. Since u dont know how to count only troll... Lol
Unker, teach me how to count 'sky is the limit' lo. Also pinky is not my fren ma, why get pinky involve le? If your are the so call real unker siFat, then show us how to calculate lo.
I wish .85cts as sweets as many people think...(prompts me thinking buy some);not likely anymore.. 85cts gain still long way..the roads way ahead gets more bumpier as cpo prices fell.its nxt.qtr is only way out.which i think should be good.
I wish I can buy below 14,. Just check the forward contract you will know how much is their dividend this year. Also you will have a rough idea how much is next year dividend.
Hang Seng had dropped from 24,500 plus on 15th Feb 2022 to as low as 18,200 on 15th March 2022 many had margin calls and they did the necessary evil. They sold down their profitable counters or sold off those that dropped less. Hang Seng had since gone back up to 18,800 The worst of the China lockdown margin calls are over..... hopefully....
@ooihk899, you predicted 90 to 120 mil for entire Q1 or just for Jan and Feb? My prediction for Jan and Feb in total is 98 mil. Would you be able to estimate the average selling price of CPO for Jan & Feb from all the information you could pull out from the Annual Report?
Sardin, the Q2 2021 ASP was 2967. not much different from their 1H 2021 forward contract price. That's why UP price did not shoot up like rocket compare to other plantation stock.
Is there a risk that UP in the short term, Q1 and Q2 is getting hammered by margin calls on their forward contracts if they have sold forward to a price half of the current market price? Good to see that directors are now going all in with heavy positions.
Sardin bro ar, what's the matter wilth you ae? The figure is all there in the QR and AR, why you still want to ask ppl to calculate for you ar? You dunno how to calculate yourself ar?
Q421 ASP was RM3263, far below MPOB as well as other plantation stocks. Even though TSH has huge exposure to Indonesian market, their ASP was RM 3570. UP is superior to her peers just simply because of their ability to minimize cost of production. Otherwise, their ASP is much much lower than her peers because of all these forward contracts. Anyone can highlight me why UP exposed so much to forward contract? Nearly half of their production volume has been tied with forward contract, which is pathetic in current situation.
They are too complacent, they think it work last time, so it will work this time. Never review their forward contract strategy yearly. If you look at 2023 forward contract, already commit 62k ton at 3470 whereas in 2020 their forward contract for 2021 is only 5.6K tons. it is a big disappointment.
Ya, based on the forward contract, UP likely estimates the CPO price for 2022 and 2023 in the range of RM3000 - RM4000. I guess UP management did not expect about Russian-Ukraine war and did not foresee CPO can reach RM 6000 - RM7000 as what it is at the moment. @ ooihk899, since they are hedging too low, what do think about the impact of derivative loss on the coming quarter?
Most likely it will affect the 2022 Q1 result. You can look at 2021 1Q!, it's the same issue. It's just that it will be more this Q. They become too complacent and are actually sleeping on their job, even without the war. If i'm not wrong La Nina warning started in end May, that's why I do not understand why they go and pre sell their 2022 production so much. Also Argentina and South Brazil soybeans already sound alarm very early in end August but they go and pre sell the 2023 production so much at such a low price. Really disappointed with their forward selling management.
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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....
TakeProfits
1,229 posts
Posted by TakeProfits > 2022-03-11 16:16 | Report Abuse
Hello everyone.
Can anyone tell me what is target price of this counter. Is this a good buy to hold LT.
Thank you.
I no much experience newbie!