Another GOOD SIGN that both CPO prices & production have increased
Review of Performance
Six months ended 30 June 2017 vs Six months ended 30 June 2016
The revenue of the oil palm operations increased by RM40.3 million to RM192.1 million in the current financial period compared with RM151.8 million reported in the corresponding period of the preceding year. The increase was principally attributed to the effect of higher realised average selling prices of CPO and PK and higher sales volumes of CPO and PK. The average selling prices of CPO and PK had increased approximately by 17.8% and 16.4% whereas the sales volumes of CPO and PK had increased by approximately 7.9% and 5.6% respectively for the current financial period.
The gross profit and profit before tax for the oil palm operations increased by RM24.7 million and RM23.5 million, respectively for the current financial period as compared to the corresponding period of the preceding year, in line with the increase in revenue during the current financial period.
another day 153 . history low new record . many plantation counters announced good profit including this counter but what the hell can ever day give us new low prices while the qr is so good . ada hantu ?
Goinvest88, Calvin, ivan9511 must ask management to sell plantation land better like Dutaland. What do you all think? Can reduce gearing and report profit so got cash to pay dividend?
Offer BP Plant RM 740 million for 100% Sarawak Plantation. At least Swk Plant is profitable unlike Dutaland. RM 10 million cheaper but with extra 30,000 hectares oil palm estates.
mhc.dutaland .rsawit . taan and many not so good qr plantation counters all up. this sw like mad announced good profit then share hit lowest and lowest everyday. really mad and stupid
@ingrid did u buy a lot ivan. hope u keep calm dont let it affect your health haha, I am not bot a lot ,just a few k units, I just angry why qr so good can drop because is like not logic . is ok now i calm down
Forecast (vs previous quarter) : Q3 profit before tax 15mil, EPS: 4 cents attributed to the effect of average 5% increase in CPO, 4% increase in FFB volume, 29% in CPO volume & 30% in PK volume.
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....
rlch
4,142 posts
Posted by rlch > 2017-07-17 14:24 | Report Abuse
Should suggest bonus to make Swk Plantation cheaper. 10 years ago also give bonus. Many prefer Cepat, TDM, etc.