FYE2021 net profit of Rm 87.069m v Revenue of Rm229.999m is a very nice 37.86% and that is on a realized CPO average selling price of CPO Rm4368 and PK Rm2835. Jan22 and Feb 22 average prices CPO Rm5529 and PK Rm4438. Historically Feb and Mar production is lower but more than off set by the price increase and should be better than 4Q21.
Vertigo! Thanks to naysayers,IBs and Doral Mistry , CPO sharp run up above 8000 could partially be due to a short squeeze:forward sellers who cannot deliver because of production shortfall.Some planters have held back CPO(not selling their full production).INNO is one of them
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 2900 views | 2 d ago
0:17
New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
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....
solidwhitebush
62 posts
Posted by solidwhitebush > 2022-02-22 18:52 | Report Abuse
FCPO another historical high! RM 6,357!