Posted by Johnzhang > 2022-02-11 06:03 | Report Abuse

LONDON (Feb 10): From morning lattes to dinnertime roasts, prices for major food staples are on the boil.

The Bloomberg Agriculture Spot Subindex, which tracks nine agricultural commodities, is nearing an all-time high. Prices across grains, oilseed and softs markets have rallied as supply shortfalls abound, a signal that food inflation already hitting consumers worldwide is unlikely to let up soon.

inputs from energy to packaging rose 10% in January versus last year. And unlike past volatile commodity cycles, farmers are unlikely to ramp up production significantly.

That echoes supply challenges rippling across crop markets. Stockpiles of arabica-coffee at exchange warehouses dwindled to a 22-year low this week, and a US Department of Agriculture report pared its estimate for world wheat and cotton reserves.

Dryness has also spanned key South America soybean-growing regions, as well as west African nations that produce the bulk of the world’s cocoa. And farmers are facing challenges from rocketing costs for fertilizer, pesticides and diesel.

“Prices are rising on strong demand and dwindling stocks with supply-chain challenges still an issue,” Judy Ganes, president of J. Ganes Consulting, said by message.

The gains across food markets threaten to hit import-reliant regions hardest. A milling association in Cameroon this week halted flour deliveries due to soaring costs for wheat.

Soybeans futures topped US$16 bushel in Chicago on Thursday for the first time since May. Cocoa in New York touched a one-year high. The BCOM index will update after trading closes.

“The bull market has staying power,” Rabobank analysts said in a note. “Worsening weather for La Nina-hit southern Brazil and Argentina is eroding global feed prospects and shifting demand to the US, where supplies and acreage expansion are limited.

Posted by calvintaneng > 2022-02-11 11:21 | Report Abuse

SOP VERSUS TAANN VERSUS SIMEDARBY PLANT

TARGET PRICE IS RM6.00

SEE WHICH ONE GETS THERE GO

GO GO POWER RANGER!!!

Posted by Johnzhang > 2022-02-11 12:21 | Report Abuse

BJFood posted 3.4 folds growth of profit y-o-y for the Oct-Dec 2021 qtr and declared 1 sen interim dividend. As a result, it’s share price limits up this morning which is helped by the positive sentiment in Bursa now.
SOP is expected to also post over 7 folds jump of profit y-o-y for Oct-Dec 2021 qtr and expect to declare higher dividend.

Has the market priced in this ? I don’t think so .

Posted by Jonathan Keung > 2022-02-11 14:52 | Report Abuse

What happens ? If SOP can surprised the market with a big dividend {final} pay out. Definitely market has not price in yet

Posted by Gabriel Khoo > 2022-02-11 14:57 | Report Abuse

Congraz

Posted by investor2021trading > 2022-02-11 16:01 | Report Abuse

boom pipi!

Posted by ahbah > 2022-02-11 16:03 | Report Abuse

All plantation stocks .... sapu kuat kuat !!!

Posted by Apple2353 > 2022-02-11 16:10 | Report Abuse

yes ... sapu sapu sapu. forget about tech stocks now

Posted by gladiator > 2022-02-11 16:26 | Report Abuse

Sop should overtake Taann, Sop go..go..go..

Posted by wallstreetrookie > 2022-02-11 17:31 | Report Abuse

People that you must follow on i3 list
1. Pang72: Contra God
2. Paktua: WhatsApp Pump and Dump God
3. Calvin: "I told you so, buy this company that I recommend instead"
4. Dompeilee: Appears in literally every stock that limit up Insider Trading God (I bought xxx two months ago and now it's up I am a God)
5. mf: Robot/AI God

Posted by laucsh > 2022-02-11 22:04 | Report Abuse

TQ Calvin, we huat huat huat liao

Posted by investor2021trading > 2022-02-14 09:47 | Report Abuse

boom pipi!

Posted by Gabriel Khoo > 2022-02-14 09:52 | Report Abuse

Congraz.

Posted by investor2021trading > 2022-02-16 15:28 | Report Abuse

boom pipi!

Posted by Johnzhang > 2022-02-17 05:31 | Report Abuse

Feb 16): A supply crunch is threatening to cause a spike in prices for the world’s No 1 weedkiller, making it even more expensive for farmers to grow food.

A major supplier of an ingredient in glyphosate — an herbicide that’s widely used by corn, soy, cotton and other farmers around the world — shut down production due to mechanical failures, and repairs could take three months. Bayer AG, the maker of Roundup, whose active ingredient is glyphosate, declared a force majeure on Feb 11, meaning it may not be able to meet its sales agreements.

Farmers are anxious.

Aprosoja, an association of soybean producers in Brazil’s top-producing state Mato Grosso, sent a letter to Bayer’s chief executive officer in Brazil asking for assurances that there will be no shortages of glyphosate. Over 90% of soybeans grown in Brazil are genetically modified to resist glyphosate.

Posted by Johnzhang > 2022-02-17 06:33 | Report Abuse

Yet another likely setback for soya and corn planting and production. Notwithstanding the wild weather pattern, Will supply of soyoil improve in 2022 to drive CPO price substantially down ? I have doubt.

Posted by Plantermen > 2022-02-17 07:31 | Report Abuse

SBO hit above USD 67+cent per IB { US market} and China Dalian all trending upwards

Posted by gladiator > 2022-02-17 09:44 | Report Abuse

Foreign funds hoot sop so much the price keep going up. Previously not favor by local institutions and local retail due to its low dividend. Local retail all went into Taann, Inno & Bplant for high dividend.

Posted by casanwk > 2022-02-17 13:09 | Report Abuse

Buy or topup at pullback !
B@485

Posted by Jonathan Keung > 2022-02-17 13:57 | Report Abuse

If the timing is right easily can hit above 5.50 look at umcca { small acreage and 2 oil mills } is holding at 5.40 level. Umcca sold off their peninsular estate in 2018when CPO was at the doldrums { fetching low valuations } vs SOP expanding their acreage and nibbling { adding on }planted estate lands

Posted by casanwk > 2022-02-17 15:31 | Report Abuse

Next target price 492

Posted by casanwk > 2022-02-17 15:34 | Report Abuse

Next target 496

Posted by casanwk > 2022-02-17 15:44 | Report Abuse

Next target rm5
Cheers

Posted by calvintaneng > 2022-02-17 16:23 | Report Abuse

Sop versus Taann versus Simeplt

Race up 1st target price Rm6.00

Let's go!!!

Posted by Powerplay666 > 2022-02-17 17:14 | Report Abuse

Sop rm6 by next week.

Posted by Johnzhang > 2022-02-17 18:28 | Report Abuse

Ourt local IBs have yet to say much after the Angmo JP Morgan's very positive view on plantation stock.
It is very embarrassing if local IBs don't follow suit. i think they will issue plantation sector upgrade and coverage on plantations counters with higher TPs soon.
When that come, price will power ahead.

Posted by gladiator > 2022-02-17 19:12 | Report Abuse

Wait IB accumulate enough will issue buy call and give high TP

Posted by casanwk > 2022-02-18 09:18 | Report Abuse

Next price target rm5.15
Foreign fund continues to scoop up ...

Posted by casanwk > 2022-02-18 09:25 | Report Abuse

Plantation sector up 64 pt
Power by foreign keen interest
They have super buying power
----'in US dollars....

Posted by investor2021trading > 2022-02-18 09:29 | Report Abuse

boom pipi...SOP touches RM5.00!

Posted by Jonathan Keung > 2022-02-18 09:32 | Report Abuse

Coming qtr result will be double or treble the profit .look at the CPO price rally

Posted by casanwk > 2022-02-18 09:43 | Report Abuse

Plantation sector 100 pt up
Bullish sentiment continues
P. sector trdg at 8062
Next resistance likely 8581

Posted by Gabriel Khoo > 2022-02-18 09:50 | Report Abuse

SOP will break historical high

Posted by troy88 > 2022-02-18 09:50 | Report Abuse

Very bullish. Still undervalued

Posted by gladiator > 2022-02-18 09:57 | Report Abuse

Sop momentum very strong Taann try to play catch up.

Posted by casanwk > 2022-02-18 10:21 | Report Abuse

Ultimate target price - rm6
(Elliot wave forecast )

Posted by Powerplay666 > 2022-02-18 11:33 | Report Abuse

Huge relentless collection happening at 4.99. Once done, we can expect the next push to 5. 50

Posted by casanwk > 2022-02-18 11:46 | Report Abuse

The stratospheric target price - rm 7.30

Posted by Johnzhang > 2022-02-18 12:28 | Report Abuse

Plantation stock rally has just begun in Feb 2022. It appear to me that there is a lot more steam for this rally to continue for months. Like many other stock rallies, we may see some plantation's share price surge pass triple digit % increase. I will just lock up my plantation stocks to enjoy the once in a lifetime superb return.

GLOVE rally lasted 4 months to reach its peak (Apr 2020 to Aug 2020).
Supermax share price was around $1.63 (2/4/2020) to around $23.00 (7/8/2020), increase of 1,311%
Topglove was $6.40 (2/4/2020) to $28.00 (7/8/2020), increase of 338%
Harta was $6.80 to $21.00 , increase of 209%

STEEL rally lasted about 6 months to reach its peak(Nov 2020 to May 2021)
Anjoo share price was $0.60 (2/11/2020) to $3.10 (10/5/21), increase of 417%
SSteel was $0.42 to $1.20, increase of 186%
Melewar was $0.20 to $0.72 , increase of 260%.

Posted by casanwk > 2022-02-18 13:34 | Report Abuse

Cpo March future hit above rm6000
Continue to march upward Rm 7000!
HLIB cite cpo price likely remain elevated until first half of 2022..

Posted by casanwk > 2022-02-18 16:35 | Report Abuse

Next price target 511

Posted by ahbah > 2022-02-18 16:36 | Report Abuse

A veri good plantation stk.

Posted by casanwk > 2022-02-18 16:48 | Report Abuse

Trader profit taking at 510
Very common...

Posted by calvintaneng > 2022-02-19 16:09 |

Post removed.Why?

Posted by ahbah > 2022-02-19 16:16 | Report Abuse

Please no slay the goose that lay eggs everyday for us.

Whatever U do, always stay in the plantation sector.

Posted by freddiehero > 2022-02-19 18:42 | Report Abuse

super fly.. ka

Posted by Johnzhang > 2022-02-19 21:04 | Report Abuse

CNA news on Russia -Ukraine conflict:
Any interruption to the flow of grain out of the Black Sea region is likely to have a major impact on prices and further fuel food inflation at a time when affordability is a major concern across the globe following the economic damage caused by the COVID-19 pandemic.

Four major exporters - Ukraine, Russia, Kazakhstan and Romania - ship grain from ports in the Black Sea which could face disruptions from any military action or sanctions.

Ukraine is projected to be the world's third largest exporter of corn in the 2021/22 season and fourth largest exporter of wheat, according to International Grains Council data. Russia is the world's top wheat exporter.

Posted by bluered > 2022-02-19 23:18 | Report Abuse

Surpass 6.00 next week

Posted by Yau Yh > 2022-02-20 11:22 | Report Abuse

In times of inflation, or rather hyperinflation (caused by money printing of many countries without equivalent increases in real goods output), resources that are limited will be repriced simply because more money is chasing for the same limited resources. Unless production is increased, prices will simply go up.
One resource (and value) in plantation companies that is often overlooked is the value of the land on their balance sheet.
I'm not too sure of the actual numbers, but from SOP website, SOP has 122,000 hectares of which 88,000 hectares is planted with palm oil.
To put things into perspective, the total land area of Singapore is slightly more than 72,000 hectares.
With Sarawak charting a more aggressive infrastructure drive, thus opening up more remote areas to development (thus raising land prices in remote areas), AND the impending shift of Indonesia's capital to Kalimantan and the shifting of a population the size of Singapore to there, what would the increase in land prices be in the coming years?
Hopefully some learned analyst can provide some perspective on this and how the values will be unlocked into the P&L and Balance Sheet of companies like SOP, TAANN, SRKPLT etc...
My 2 cents

Posted by casanwk > 2022-02-20 12:39 | Report Abuse

Yes. Sop is going to hit level 6.
Don't forget to topup to ride the super rally
- strike while iron is hot!