Higher revenue doesn't means that it can make more money since the operating cost may increase due to more fertilizer needed along with more matured palm tree as stated in latest quarter report. Beware for further impairment since the logging volume still low and excess capacity problem in timber process segment is still there. Good luck.
JTIASA: 1st Quarter Data for Palm Oil: FFB 319036 Ton Highest output for the quarter. CPO 52578 Ton Highest output for the quarter. PK 10227 Ton Highest output for the quarter. Estimate Revenue from Palm Oil Rm175 millions.
tonywong8, Yes, you are right ! I am in the wood industry, the local log price seem trending up for the past months due to prolong raining seasons & high demand from plywood factories due to higher demand from overseas market for plywood. Furthermore, local oil palm planters also enjoyed higher ffb price for oil palm (RM600+/tonne) ! These are some factors favourable to wood & oil palm industries going forward.
Speakup, just for sharing ! there are many factors that determine the price movement & PE is just one of the factors. I have been monitoring BJcorp on & off for many years. They are quite successful in many businesses & their fundamentals are quite solid, but the price is just dont like to move up for many years that puzzle me...
Fong siling won't sell at this price. Jt ffb production at all time high i.e. 315000 tones for 3 months time. This will translate to revenue of more than 150m n profit of more than 30m for financial ended September. Cpo price now around rm2800
Read its production figures properly. Its yield for Cpo extraction had increased from 12% last year to around 17% this year. 17% is normal yield standard for Sarawak state
2017 now around 63000 hectares mature. Next year all 69000 hectares areas of palm oil plantation will fully mature. N now its average age of trees are 8 years old. Another 9 years of high production figures can be expected.
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....
hng33
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Posted by hng33 > 2017-10-11 13:34 | Report Abuse
jtiasa--不是不爆,时辰未到