Yea baby I can sense the technical play changes coming^^ just done entering^^ I thought the report just out n showing brilliant performance?2016 beat 2015..happy investing:)
seem like no many people like to read the QR in detail. One important information was the logging contract ended in June 2016 & causing permanent lost of profit ~RM1.4 per Quarter. This profit is not recovered by palm oil operation ..... better read the report carefully ..
Wow I really didn't read into that detail which impossible for me to do so cos monitor plenty of shares so only can zoom summary :) anyway done technical play wf profit 1.13 sell 1.2^^ good enuf d lo:)
wondering will they announce dividend pay out o not if yes i may consider of re-enter it again:p shd hv i guess cos right issue etc raise fund is done they shd have money to pay dividend..
from what i see from the report i notice few thing 1)Loan & Borrowing for Non Current & Current liabilities all reduce significantly from 90Mil (Non & Current) to 54Mil about 40% reduce (sooner bcom cash rich company after settle most of loan?).. 2) Cash at bank increase from 1mil to 13mil around 90% increase (better flow to acquire sme plantation company?)..3) Any idea why said eps is reducing?cos the accumulated year is increase from 5.35 sen to RM7.07 sen..with these points showing the company is healthy.. anyway just read it no dividend pay out sienz..anyway TSH is one of the major shareholder so i think maybe still got some shows goes on..anyway just my point of view la happy investing^^
Despite good palm oil price, profit drop more than 5 mils. The current cpo price of 2800+ next quarter inno profit will erode more, better to run, run run
Cpo avg 2014 rm2382/tonne , avg 2015 rm2172/tonne, avg 2016 rm2653/tonne, avg 2017 rm2800-2900/tonne as u guys said I would said good buy for plantation sector for watever reason^^ **data from MPOC except 2017..planting n steel industry is big play role for 2017 I foresee^^
i dont mind hold little longer (Inno & Rsawit) if cpo for Jan'17-Mar'17 maintain avg above 2.7k above (1.5mnth already maintain 3k above) the report surely beat 2016 QvsQ n YvsY^^ anyway just my point of view la:)
The latest QR is showing that the palm oil business is on the uptrend. The termination of timber logging business did not affect the overall result. Great!
<Thinking Long Term: A plantation company of double digit FFB production growth for many years to come.>
Innoprise Plantations Bhd (IPB) has planted 12,294 hectares of oil palms in a contiguous piece of land in Tawau, Sabah together with a 60 MT FFB/ hr palm oil mill.
<Good harvest ahead.>
IPB has excellent age profile of overwhelmingly young mature and immature oil palms. About 10,686 hectares or 88 per cent of the plantings are mature of which only about 1,750 ha are in prime age and the balance young mature palms.
IPB has since 2009 started large scale planting of TSH Wakuba clonal oil palms with proven high FFB and oil yield. As about 20 per cent of the total area has been planted with clonal oil palms, this will accelerate future FFB production growth. Oil extraction rate achieved over the last two years averaged 24.5 per cent , well above the national average of 20.2 per cent.
<Good dividends ahead.>
IPB's net debt has been dropping rapidly over the last 2 years and will likely fall to below RM25 million by end of 2017 giving a net gearing ratio of 8 per cent.
Cash flow wise the company is in a sweet spot as virtually all planting and development expenditure has been incurred and most infrastructure facilities for staff and employees completed. This bodes well for future dividend pay-out.
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 2948 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....
GOD_OF_KLSE
138 posts
Posted by GOD_OF_KLSE > 2016-11-24 08:25 | Report Abuse
TODAY AT LEAST 1.15
HOSEH !!!
HOSEH !!!
HOSEH !!!