from the quarter report and annual report i saw that genp showing growing revenue and profit yoy. the profit margin is higher than klk and this is not the best earning so far..coz the best earning going to release in 2022 & 2023
due to uncertainty factors from Russia and Ukraine, importer wont risk themselves to import from these countries and this issue wont solve in recent months, Indonesia have restriction on export. so i believe malaysia palm oil will benefit a lot
why keep on ask ppl take profit???average cpo selling price for genp in 2021 is around rm4000/tonne.....this year 2022 simply averaging at rm6000/tonne....eps will be historical high for sure and it's not only genp but to all plantation companies.
For March 2022, MPOB reported unprecedented average CPO price of RM6,867 per MT (+16% MoM, +70% YoY). Average CPO for year 2021 is around RM4000 which means the coming quarterly eps +70%
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....