Based on the rough estimation of the Palm oil output figure and CPO price.. Est the profit before tax from palm oil business should be around RM 30 mil +- 5 mil (The 4th CPO plant started operation in current Q, it will help to reduce some cost. Start up of new plant could incur higher cost at the beginning. Therefore the impact not known until quarter result announced)
Timber business - Last Q profit before tax ~ RM 9 mil Current Quarter timber output reduce by 33% compare to last Q. Est this Q will either break even or incur lost due to plywood business. Lower Quote for log export 30% will reduce the profit margin for timber business. Weaker RM for this Q help to offset some cost due to higher selling price in RM.
Therefore do expect weak timber business but strong palm oil business. A few major changes on the current Q cause it is hard to est the jtiasa result for this Q.
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....
labu83
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Posted by labu83 > 2017-05-22 09:19 | Report Abuse
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