agreed with Jking. Cepat will catch up strongly. Small plantation like Cepat with small free float of share can outperform when the bull charges ahead.
The coming result should be fantastic as Cepat's CPO production on 4Q21 is even than 4Q2020 (15,503MT VS 12,091MT). Most plantation counters have lower production vs 2020. Cepat is among the best who going to record higher production and ASP of CPO.
Estimating eps of 4.5-5c in the coming result. Full yr eps should be 13c. If Cepat going to match valuation like others plantation counter with PE 10, current price of 0.87 is still fat gain to target Rm1.30.
CEPAT has increased cpo production which now can selling at high price. Double effect on bottom line... i believe cepat result can outperform others plantation com
FCPO march +$199 to $6,750 FCPO Apr +$192 to $6,445 Many countries is scrambling to secure enough edible oil in the wake of Ukraine-Russia war ? There is no additional supply !
frenzy selling to wane as index approaches strong support 1567 to 1557 where bargain hunters would emerge to pick up good fundamental stocks that suffered heavy dip
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novice2020
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Posted by novice2020 > 2022-02-15 13:53 | Report Abuse
Thanks John.