the coming quater ,......if average selling of cpo at rm6000,.....net profit can go above rm40 mil.,.....earning per share more than 20cent for the quarter
future cpo price for may , june ,....price at rm6000 above,.....big volume traded,.......many palm oil producer selling at this price,......the coming quarter shall be good,.....
Analysts keep saying CPO price could not sustain ever since CPO reached $3,000 some 2 years ago! They gave neutral rating to plantation when CPO were $2,500, and same neutral rating when CPO reached over $6,000 . Just ignore those crooks and unprofessional analysts!
Posted by Lukesharewalker > Feb 26, 2022 3:34 PM | Report Abuse
Analysts seem to perceived this is the peak and its downhill from here...
don`t be surprise,..palm oil price may go up to rm8000 metric ton in the coming month,......if the soya bean price continue to rise because of drought in brazil & argentina,....the world biggest soya bean producer,....
mhc generate much profit from palm oil mill business in perak,.....i think mhc have smart people inside selling cpo at very good price,.....good foresight,..good fortune.
hoping ukraine war drag on for years,.....very good for palm oil industry,.....don`t know how high soya, palm oil will reach,......hopefully excellent one.,.....cheer!
future cpo price traded above rm6000 metric ton until june,........big profit for the next six month if the company lock in at this price,........unless they sold it early like simeplant did,.....
if ukraine war prolong,......10% of world production of soya & corn will be affected,.....zero production in ukraine,......very good future for palm oil,......plus the dry weather in southern brazil & argentina will add another opportunities for palm oil price to go higher,.....cheer!
if you have not bought any plantation stock now,........don`t wait, buy it,......the longer you wait,....the higher price you have to pay,.......don`t miss the bull run,.....good opportunities,.....
this small capital company capable of selling cpo at higher price,......not like big capital companies like simeplant which sold their cpo early at low price,.......
FCPO Last done price on 1/3/2022 : Mar $8,170, Apr $7,435, May $6,749, Jun $6,265 The exceptionally high premium for March and Apr delivery is due to international buyers scrambling to cover their edible requirement against hiccup of sunflower oil shipments from black sea. The big beneficiaries are Malaysia based plantations who sell their production on spot or current month basis. These companies are Cepat, MHC, Bplant, Swkplant, Hsplant, SOP, Taann, KMloonhg. You may already know that these companies average realised CPO prices for last year were very close to Spot Market prices reported by MPOB which was $4,417 for FY2021. Average realized price for FY2021 for Cepat/MHC was $4,427, Bplant $4,341, Swkplant $4,389, Hsplant $4,416, SOP $4,564, Taann & KMLoong about $4,400.
cpo average selling price at rm6000 metric ton,........mhc for sure will make more than rm1 per share this year,.........what about rm7000 metric ton will be extra bonus,........the dream come true,......
spot cpo average selling price sept. - dec. rm4400,............jan.-march rm6000,........rm1600 per metric ton extra profit for the 1st quarter ,........
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....
markgold
321 posts
Posted by markgold > 2022-02-25 09:09 | Report Abuse
Very good result announced but the price moving 3 sen only.