I already nibble a few times lah, Calvin. My bet has nothing to do with Inno’s biz or CPO price… I already hinted quite a while back in the TSH thread…
@Calvin, why you don't comment in TSH forum? i like to read what you had posted. if you do not post in TSH forum, where else can i find you without that SEE_RESEARCH and a few others who are against your postings. is your Eagle Group still available? i am not familiar to use the handphone for the telegram group.
It is already more than 2 months into the last quarter..and the average CPO price appears to be quite similar to Q3.. so my guess is, we could expect a similar results in Q4...meaning the dividend could be the same, ie. 3 sen or may be slightly lower.. The thing to watch is the CPO price trend..
Over the past few years, the ROE of Innoprise has overtaken that of my 2 Bursa plantation companies – BPlant and KLK. https://ujianehc.blogspot.com/2023/11/bursa-plantation-sector.html For those hunting for good plantation companies, you might have missed the boat at the company is currently trading around PE 14 whereas a year ago you could have gotten it at PE 6
When you beat the system, you are called the criminal. But when the system beats and sucks the blood out of retailers, they are called successful professionals.
Plantation stocks and Oil & Gas stocks are more predictable compared to other stocks, they usually follow up or down trends of the two commodity prices.
Quite a significant increase in production of crude plam oil, fresh fruit bunches and palm kennel during 4Q 2023..compared to the previous year ..and the previous quarter ..based on bursa announcement
Those who are not out for a fast buck, Inno is not all that bad with CPO prices above RM4000..a 3 sen dividend in the pipeline & 80% dividend payout.. Though reported CPO output has been slightly lower, the average CPO prices seems to be better this 1st Q 2024.. Dividend being paid every quarter, the next one is just a couple of months away..But with a very small free float, trading in the stock may not be that exciting generally speaking.....in my view
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....
YT8170C
91 posts
Posted by YT8170C > 2022-07-06 12:55 | Report Abuse
Plantation seems no show ? Or coming soon ?