Today Nanyang Business news page 5, One Silly Investment Bank report to reduce invest in plantation stocks. I will keep this article and December 2022 if CPO is 10%+- of today price then I will write to this Investment Bank analyst and ADVICE his/her never write anything about plantation stocks in the rest of his/her life because knowledge about plantation is almost zero and mislead investors.
What is equally important is whether the earning growth will be sustained after the dividend. Comparing the average CPO price of RM6000 in the 1st Quarters 2022 Vs RM3900 in the1st Quarter 2021, the 1st quarter result will be good. The average CPO price in April so far is above RM6500 and the FCPO price up to July 2022 is above RM6000, so the prospect of sustained earning growth in 2022 looks bright.
KLSE is a strange market. Considering the prolonged crisis in Ukraine and looking at the FCPO data, CPO price will likely remain high for some time. Most Plantation counters will report huge profits in 2022. This stock is undervalue, its price will rebound when common sense prevails. Make your own investment judgement.
1. Average CPO price in 1st Q 2021 was RM3895. Average CPO price in 1st Q 2022 was RM 6050. An increase of 55%. 2. MHC's CPO production for the corresponding period increased by 10%. 3. EPS for 1st Q 2021 was 3.5 cents, based on the results of 1. and 2. above, what will be the EPS for 1st Q 2022? 4. Month of April is coming to an end, CPO price so far has been above RM6K.
If u own a property in bangsar worth Rm 3.0m n rented for rm 5000 a month....if rented rate drop.....to rm 4000.....do u want to dump the property at rm 2m meh ?
No worry lah.From the historical data,. 1st Q is the lowest production Q. After that keep on increase quatetly from 2Q to 4Q. Result will be getting better and better. To make money in KLSE, patience is a perquisite. Cool.
MHC IS A SOLID COUNTER WITH A SMALL PAID UP SHARE CAPITAL. IT HAS BEEN MAKING CONSIDERABLE PROFITS AND HAS BEEN PAYING REASONABLE DIVIDENDS YEAR AFTER YEAR. A VALUABLE COUNTER TO KEEP. THERE COULD BE A POSSIBLITY OF BONUS ISSUE, BUT I DON'T KNOW WHEN. JUST MY OPINION. NOT A BUY OR SELL CALL.
I think whether Indonesia ban crude palm oil or Palm olein, it will still boost the price of CPO. If there are less palm olein for sale to the world market, SBO and other oils demand will increase and push up the price. This will also cause the overseas refinery to increase the demand for CPO to refine into palm olein.
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 > 2022-04-04 15:00 | Report Abuse
Sit tight because the shorten food situation will become worse by September 2022.