The company have make a good decision to keep the cash but still have the Estate. with the high CPO there will be able to turn to profit for plantation. If at current price still could not profitable than better sell the estate. Now Plantation is having workers shortage as high as 30%. So all the plantation share which is up will look for when Indonesian allow the workers coming to Malaysia.
Actually margin slowly improved from 3% to 4% due to a lot of non performance assets sold past two years. Cash portion you should add short term investments and cash balances together.
Although we don?t know how far does high CPO price will go on but it definitely will help KUB achieve great quarter result since 70% profit still from agro division.
All cross-border travel on the two land routes between Singapore and Malaysia will be allowed for fully vaccinated travellers from April 1. It will push up the consumption of KUB Solar Gas for sure.
1.KUB engaged in trading of liquefied petroleum gas (LPG). Their LPG's business making up 80% of KUB's revenue. 2. Border reopening 1st April 2022 with gov has allowed restaurants/eateries to be open 24 hours. 3. This will push the consumption of KUB LPG Solar Gas
Post a Comment
People who like this
New Topic
You should check in on some of those fields below.
Title
Category
Comment
Confirmation
Click Confirm to delete this Forum Thread and all the associated comments.
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....
strattegist
23,459 posts
Posted by strattegist > 2022-02-11 17:57 | Report Abuse
closed green 0.64