Posted by ElizaWong > 2 months ago | Report Abuse

...Such a roller-coaster movement GENP shows

Posted by DestinyL > 2 months ago | Report Abuse

Operator is pacing it following CPO

Posted by ElizaWong > 2 months ago | Report Abuse

Ya...CPO price fell back to RM3k something alrdy

Posted by ElizaWong > 2 months ago | Report Abuse

CPO price slid to RM2,841 on 13 Jan...But GENP didn't drop much

Posted by DestinyL > 2 months ago | Report Abuse

Buy when CPO price is on the low side

Posted by ElizaWong > 2 months ago | Report Abuse

Wonder it's me saw it wrongly or the CPO price posted by MPOC had a mishap... Today see the CPO price data is RM3k something on 13 Jan...

Posted by ElizaWong > 2 months ago | Report Abuse

Slowly accumulate at the price below RM6.10

Posted by ElizaWong > 2 months ago | Report Abuse

Seems like more discounted price can be collected today

Posted by ElizaWong > 2 months ago | Report Abuse

below RM6 again... Good price to collect some

Posted by ElizaWong > 1 month ago | Report Abuse

Just a matter of time for CPO price to break through RM4k again (30 Jan: RM3936)

Posted by DestinyL > 1 month ago | Report Abuse

Breaking 4K is the key

Posted by ClaraChan94 > 1 month ago | Report Abuse

but cpo price sliding to RM3.7 k instead....

Posted by ElizaWong > 1 month ago | Report Abuse

Don't worry. CPO price closes to hit RM4k and GenP will break RM6.10 sooner or later again

Posted by dragon328 > 1 month ago | Report Abuse

take a look at the parent company

https://klse.i3investor.com/web/blog/detail/dragon328/2023-02-09-story-h-299096494-Genting_More_than_just_Roulettes_and_Fun_Rides_in_Singapore

Posted by ElizaWong > 1 month ago | Report Abuse

Expecting lower palm oil exports from Indonesia. The Indonesian government has recently urged the local cooking oil producers to ramp up palm oil supply to the domestic market by 50% to 450,000 mt for the next 3 months to meet rising demand ahead of the festive celebration.

Posted by DestinyL > 1 month ago | Report Abuse

Keep it for upcoming divvy

Posted by ElizaWong > 1 month ago | Report Abuse

Yes. They might announce dividend when presenting Q4 results

Posted by ClaraChan94 > 1 month ago | Report Abuse

Targeted GenP will break through rm6.20 at that moment

Posted by ElizaWong > 1 month ago | Report Abuse

The crops of FFB had been reduced from 174,869 mt (Dec 2022) to 158,289 mt (Jan 2023)...

Posted by DestinyL > 1 month ago | Report Abuse

You cannot compare like that
You need to compare month to month due to seasonal factor
Jan 2023 production of 158kmt actually improved vs 2022 Jan of 137kmt, while 174kmt for Dec 2022 improved against Dec 2021's 162kmt

Posted by ElizaWong > 1 month ago | Report Abuse

Ya. If want to compare the yield, then I will go for YoY.

Posted by DestinyL > 1 month ago | Report Abuse

CPO mini rally coming?
https://www.theedgemarkets.com/node/655584

Posted by ElizaWong > 1 month ago | Report Abuse

Price movement seems stagnant today despite CPO price shoot up to RM4k alrdy... Guess people are waiting for its Q4 to come out

Posted by ElizaWong > 1 month ago | Report Abuse

If I estimated correctly, Genp could make Rm900 m to RM1 b for their revenue in Q4

Posted by DestinyL > 1 month ago | Report Abuse

Probably around 900

Posted by DestinyL > 1 month ago | Report Abuse

QR was lower than expected, but dividend is higher than expected lol

Posted by ElizaWong > 1 month ago | Report Abuse

... jaw dropped. Disappointed Q4 but attract dividend. No wonder IBs buy call

Posted by ElizaWong > 1 month ago | Report Abuse

It's attractive dividend by the way. Typo.
Good for people who grabbed it when it fell below RM6

Posted by darren2021 > 1 month ago | Report Abuse

qoq is lower but yoy is growing in revenue and net profit...since the yoy already hit target i believe they allocate the earnings for the coming year..since the cpo price above 4k their earning will continue for 2023

Posted by ElizaWong > 4 weeks ago | Report Abuse

Yup. Can continue to hold and enjoy its nice dividend

Posted by DestinyL > 3 weeks ago | Report Abuse

CPO almost reaching 4.3k

Posted by ElizaWong > 3 weeks ago | Report Abuse

Great! Seems like CPO price is sustaining above RM4k this week

Posted by ElizaWong > 2 weeks ago | Report Abuse

Yay. Breaking Rm6.20 with CPO price standing above RM4k

Posted by DestinyL > 2 weeks ago | Report Abuse

Not really if you minus the dividend
Let's see post dividend pricing

Posted by DestinyL > 2 weeks ago | Report Abuse

May be tough to close above 6

It was nice to sell a little at 6.40 a month+ ago, wonder who was the big supporter

Posted by ElizaWong > 2 weeks ago | Report Abuse

Past the ex-date of its final dividend. See can move back up RM6 tomorrow

Posted by ElizaWong > 1 week ago | Report Abuse

Nice. Breaking RM6 today. Reserve movement from Kenanga's TP

Posted by DestinyL > 1 week ago | Report Abuse

Sold all few days ago ex-divvy

Posted by ElizaWong > 1 week ago | Report Abuse

@DestinyL. Look like you re not attracted by the 19-cent dividend : )

Posted by DestinyL > 1 week ago | Report Abuse

I sold after capturing the divvy, after ex-date

Posted by DestinyL > 6 days ago | Report Abuse

CPO at 3850, if GenP drops to 5.80 I may re-enter

Posted by DestinyL > 6 days ago | Report Abuse

UtdPlt on the other hand, is holding well with the RM1 divvy
Switch to UP if you want to hold long term with nice divvy

Posted by ElizaWong > 6 days ago | Report Abuse

Good investment choice. I think I will slowly build up the fund and switch to UTD for longer term

Posted by ElizaWong > 5 days ago | Report Abuse

but in the mean time, UTD share price is very expensive currently. Trade GenP to build up fund 1st

Posted by DestinyL > 4 days ago | Report Abuse

Expensive because still comes with RM1 divvy
Furthermore, with their hedging strategy it means even at current RM3.6K+ CPO price, they will sell higher than market price of maybe around RM4K

Posted by DestinyL > 4 days ago | Report Abuse

If you want to switch, after ex-divvy, wait for slightly lower
But don't wait too long, probably before their Q3 result is out, price will start to go up

Posted by ElizaWong > 4 days ago | Report Abuse

You meant UTD's Q4, right? You are right, typically the share price will start going up when the result is out

Posted by DestinyL > 4 days ago | Report Abuse

Not exactly
UP dividend payout twice a year, Nov and Feb
The uptrend starts around September/October, ride until after Feb dividend announcement

Posted by DestinyL > 4 days ago | Report Abuse

Not a buy/sell call lol

Posted by ElizaWong > 3 days ago | Report Abuse

Alright. I will put that in my reference book : )
Btw, CPO price is sharp falling to RM3.5k...