Oil palm plantation in Malaysia DO NOT use Ammonia gas, Ammonium Nitrate or urea as Nitrogen fertilizer. They use Ammonium Sulphate (AS) or Ammonium Chloride (AC) . AS is a byproducts from caprolactum factories and steel mills in many countries including China, Japan, Korea, Europe. AC is a byproduct of soda ash production mainly in China. AS and AC prices have gone down by 40-50% recently as compared to prices in Dec 2021 due to higher availability as the production of the main products (caproluctum, soda ash ) increased after winter/CNY festive season. AS and AC are not products of oil and gas. The softer Nitrogen fertilizer price help to offset some of the impact from potentially higher potash price, I don't believe that the north American Potash producers can have absolute pricing power in potash amid Russian-Ukraine war. Potash from belarus and russia are mainly shipped from St Petersburg via baltic sea which is not a war zone. All the potash volume sold by belarus and russia to US and Europe will be available to Asian buyers at a discount and displacing the north american producer market share in Asia. In the end, the American and European farmers get squeezed by the North American producers and Asia farmers enjoy price advantage from belarus/russia.
kelapa sawit is overtaking bunga raya as our national plant! it's blooming everywhere, not only in bursa casino but also in our backyard n gardens! it's a pride of investors, smallholders n plantation owners!
Thank you all for your good reply. There are palm trees in front of my house as decoration trees. Ever year they produced fruits which attracts birds (although I never apply fertilizer). The fruits and birds are causing some annoyance to me. Ha....
Indeed, sometime we think too much and can not make decisions. We will have election this year and Malaysia have many oil palm plantation owners, which could support palm oil bull year. I think it is still early stage, but I maybe wrong la.
Insider trade? The story can be break into 3 parts.
Part 1: HS Plant was listed on 16 Jul 2007. IPO offer price was RM2.65. Main shareholders appeared in 2008 annual report were Hap Seng (412,413,000, 51.5%), Innoprise (119,978,000, 14.9%) & Lembaga Tabung Haji (23,672,500 2.9%).
Part 2: Over the years, Lembaga Tabung Haji accumulated HS Plant shares in the open market & increased its stake to 8.2% (66,074,500 shares). In Feb 2020, Lembaga Tabung Haji assets was transferred to Urusharta Jamaah under MOF. A cross deal was done on Jun 2020 & Hap Seng acquired the whole block.
Part 3: In Aug 2021, another cross deal was done on the Innoprise block (119,978,000, 14.9%).
So, Hap Seng is holding too many HS Plant shares (about 75%) after buying the two blocks. Anyhow, if you change your mindset to subscribe HS Plant shares at present offer price RM2.78 by Hap Seng, then the story will be much more appealing. It's an offer! Buying a cash rich company without any debt.
After reading all the above comments, I am now a bit knowledgeable on the business of palm oil....looks like a very productive and profitable if run well, all boil down to scalability and good management.
News about Agreement reached between Russia and Ukraine? Video Conference between the 2 Presidents on today ? Agreement to sign next week? Withdrawal of Russian troops in 3 mths? Prices of crude oil and palm oil have reached inflection point? No more resource scarcity?
HSplant’s realized CPO price for FY 2021 was about $4,400 and achieved very high earnings and dividend . FCPO April was about $6,900 yesterday and spot price was even higher. Therefore, no need to be overly worried of the temporary CPO price correction. That’s just my view .
EPF dump the shares worse it is in big volumn whenever opportunity emerge. Who dare to touch it anymore? Let them hold forever or sell at lower price. Moreover they need more money to distribute for the newly announced i-sinar.
Just advise those are interested to buy HSP better stay away at least 2 months after see how is the CPO only decide to invest or not.I bought at higher price ,so no choice just wait the miracle when the CPO price still can sustain when they mostly clear the position. Another bad news , parents also join to sell...no hope
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....