Posted by Investorrr > 2020-10-09 09:38 | Report Abuse

cpo 3000 now

Posted by ShareNews > 2020-10-09 10:06 | Report Abuse

HOLD...will reward you soon

Posted by Investorrr > 2020-10-09 15:02 | Report Abuse

consolidation and based building is over ..waiting for suitable time to stage a meaningful up trend..as the 3rd art result is super good

Posted by Investorrr > 2020-10-09 15:04 | Report Abuse

late next week....

Posted by Investorrr > 2020-10-09 15:18 | Report Abuse

average cop price for 3rdqrt is around 2700

Posted by Investorrr > 2020-10-09 15:24 | Report Abuse

market TP consensus is 1.10..1.20.

1.31..1.40

Posted by Investorrr > 2020-10-09 15:25 | Report Abuse

3qrt net profit anticipate to be around 30 mill plus minus

Posted by Investorrr > 2020-10-09 15:27 | Report Abuse

if 4thqrt cop price even higher..TP could be even higher above 1.5

Posted by Investorrr > 2020-10-09 15:28 | Report Abuse

tsh core is Upstream palm oil production

Posted by Investorrr > 2020-10-09 16:25 | Report Abuse

https://www.freemalaysiatoday.com/category/nation/2020/10/08/festive-food-craving-set-to-boost-indian-demand-for-palm-oil/

Posted by power88 > 2020-10-09 16:33 | Report Abuse

soybean break high...cpo 3000 soon...tsh 0.98 cheap ...

Posted by Investorrr > 2020-10-09 16:34 | Report Abuse

https://www.thestar.com.my/business/business-news/2020/10/09/cpo-futures-rally-to-two-week-high-of-rm2936

Posted by power88 > 2020-10-09 16:37 | Report Abuse

previous cpo 3000, tsh 1.15..

Posted by Investorrr > 2020-10-09 16:38 | Report Abuse

wow 4thqrt net profit going to be very solid as now cpo already trading btw 2900 - 3000

Posted by Investorrr > 2020-10-09 16:50 | Report Abuse

crude oil price up,la nina around the corner,high soy price,india great festival around the corner,stock pile down for 2 giant purchaser india and china to support cpo price rally in 4th qrt

Posted by Investorrr > 2020-10-09 16:51 | Report Abuse

great closing at 0.985 upper trend line now

Posted by Investorrr > 2020-10-09 16:56 | Report Abuse

trend reversal to up after the second deep on 2nd october

Posted by Investorrr > 2020-10-09 16:58 | Report Abuse

late next week..

Posted by Investorrr > 2020-10-09 17:22 | Report Abuse

trading at 20x PE is cheap compared to downstream core Simeplantation which trading at sky high PE of 54x..and simeplt up by 0.11

Posted by Mabel > 2020-10-09 19:26 | Report Abuse

CPO Prices for March to May was Between RM2,100 to RM2,300

From June to August CPO prices have gone up to between RM2,400 and RM2,600

SO IT IS BENEFITTING FROM CPO PRICE SURGE (AND TODAY CPO TOUCHES RM3,000 (OCTOBER 9th 2020)

Meow Meow Meow

Posted by Investorrr > 2020-10-10 20:43 | Report Abuse

https://www.theedgemarkets.com/article/malaysias-oct-110-palm-oil-exports-rise-133-%E2%80%94-amspec-agri

Posted by johoran > 2020-10-11 11:05 | Report Abuse

KUALA LUMPUR (Oct 10): Exports of Malaysian palm oil products for Oct 1-10 rose 13.3% to 535,552 tonnes from the 472,780 tonnes shipped during Sept 1-10, according to independent inspection company AmSpec Agri Malaysia on Saturday.

Posted by johoran > 2020-10-11 11:06 | Report Abuse

KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade higher next week, buoyed by expectations of stronger demand from India ahead of the Deepavali festival.

Singapore-based Palm Oil Analytics’ owner and co-founder Dr Sathia Varqa said the Festival of Lights, to be celebrated on Nov 14, would boost Indian demand for the golden crop in the near term.

"Traders also anticipate weaker production due to the rainy season which could contribute to the reduction of stockpiles in the country.

"Furthermore, they would also be waiting for the Malaysia Palm Oil Board’s (MPOB) report to be released on Monday,” he told Bernama.

On a Friday-to-Friday basis, the CPO futures contract for October 2020 rose RM174 to RM3,020 per tonne, November 2020 jumped RM201 to RM2,967 per tonne, December 2020 strengthened RM203 to RM2,911 per tonne, and January 2021 climbed RM191 to RM2,865 per tonne.

Weekly volume down to 241,460 lots from 318,816 lots in the previous week, while open interest surged to 258,490 contracts from 245,116 contracts.

On the physical market, October South stood at RM3,010 per tonne. - Bernama

Posted by daretocutandchange > 2020-10-11 12:34 | Report Abuse

looking for low pe oilpalm stocks? bumitama 48.5cts(p8z.sg) half year eps 2.3cts.sg , sarawak plantation and km loong.after ta ann took over the management of sarawak plantation,the efficiency increase dramatically to boost up net margin.ioi is one of the substantial shareholder of bumitama with 32.039%,total planted areas 187,679ha which 132,578ha nucleus and 55,101 plasma.the average age is 10.6years.must be patient.........

Posted by kenken85 > 2020-10-13 20:27 | Report Abuse

https://www.theedgemarkets.com/article/china-buy-17-million-tonnes-palm-oil-malaysia-until-2023-says-hishammuddin

Posted by keni371 > 2020-10-14 22:51 | Report Abuse

https://www.bloomberg.com/news/articles/2020-10-14/a-just-in-case-world-is-rushing-to-hoard-food-as-prices-rally?srnd=premium-asia

Posted by bc8660 > 2020-10-16 11:56 | Report Abuse

CPO price rally definitely beneficial to good plantation stocks counter the full recovery of the stock price can be anticipated and next coming quarter should see full-wings for most plantation-related companies with a stellar quarter result.

Posted by Investorrr > 2020-10-16 21:36 | Report Abuse

average cop price is 2753 per ton from july to september,and anticipated 2500 to 3000 per ton (average 2750 per ton) from Oct to december.3qrt and 4qrt combined net profit should be around 70 million.plus 1st art profit 2.26mil and 2nd qrt net profit 19.8mil.total net profit should be around rm92 million against tsh capital issued..it Eps should be 6.7 sen.based on 24x 2021 , before the 4qrt result out..price could be around rm1.6
(TSH upstream production of 21tons /hector of TSH 4500 hector of palm oil planted area)

Posted by Investorrr > 2020-10-16 21:46 | Report Abuse

...above net profit of 92 million is excluding tsh coco ,rubber plantation and wood furniture production.and palm downstream production

Posted by Investorrr > 2020-10-17 11:36 | Report Abuse

political uncertainty could hv already priced ,market should be looking forward bigger and global vaccine good news..whole of 2021 should be a steady bull ahead.

Posted by Investorrr > 2020-10-17 11:41 | Report Abuse

TSH deep and based building already over
TSh is coming.

Posted by alfred > 2020-10-17 13:26 | Report Abuse

All edible oils should be treated equally in terms of sustainability without bias against palm oil, asserts the Malaysian Palm Oil Council (MPOC).

Posted by alfred > 2020-10-17 16:42 | Report Abuse

Its chief executive officer Datuk Dr Kalyana Sundram contends that soy, sunflower and canola are so far behind in proving their sustainability, there is little chance that they can catch up to palm oil in time to meet the proposed legislations in the European Union (EU) and the United Kingdom (UK).
He acknowledged that the EU and UK were looking to reduce deforestation in imports.

Posted by ShareNews > 2020-10-20 11:01 | Report Abuse

HOLD...can collect then collect now

Posted by LuckyG > 2020-10-20 12:11 | Report Abuse

Press down then delist at 1.10????

Posted by Anonymous9898 > 2020-10-20 12:11 | Report Abuse

if fcpo drops, tsh will not go up even the profit is good?

Posted by johoran > 2020-10-20 22:58 | Report Abuse

Prices of vegetable oil including CPO to take cue from soybean — Oil World CEO
TheEdge Tue, Oct 20, 2020 04:20pm - 6 hours ago


KUALA LUMPUR (Oct 20): Oil World editor and chief executive officer (CEO) Thomas Mielke has told analysts that prices of vegetable oil including crude palm oil (CPO) are expected to be impacted by higher prices of soybean until the first half of 2021 (1H21) after taking into account delayed planting of soybean in Brazil and the lack of selling interest of the commodity by Argentina.

UOB Kay Hian analysts Leow Huey Chuen and Jacquelyn Yow, who spoke to Mielke at an online seminar yesterday, wrote in a note today that Mielke, however, highlighted that his views might change if rain arrived earlier in Brazil, Argentinian farmers kicked off soybean sales, and that China cut its soybean imports in view of elevated prices.

CPO and soybean oil are substitutes for each other, hence, prices of these commodities have been observed to move in tandem with each other based on their supply and demand dynamics.

"South American soybean production to set tone for global oilseeds and vegoil prices until 1H21. Given the expected disruption to Brazil's soybean production and lack of selling interest from Argentinian farmers, soybean prices in 1H21 are likely to trade higher. On top of that, other competing oilseeds, ie sunflower and rapeseed, have also reported sharp production declines due to the dry weather. If the weather in Brazil remains dry over the next few months, soybean production from Brazil could lose another 6m-8m tonnes," the UOB Kay Hian analysts wrote.

"This will enhance the bullish movement for soybean prices and have a spillover effect on soymeal and other vegetable oil prices. Mr Mielke expects average soybean oil and palm olein prices to average ~US$820/tonne and ~US$730/tonne in January-June 2021 respectively.

"After factoring in better rainfall and some yield recovery from the lack of fertiliser application in 2H18 and 2019, global palm oil production in 2021 is expected to increase by 3.8m tonnes yoy (Indonesia: +3.0m tonnes; Malaysia: +0.3m tonnes). Global palm oil consumption is expected to increase by 1.6m tonnes yoy — factoring in a partial demand recovery from the Covid-19 impact. Having said that, the stock-to-usage ratio for palm oil in 2021 is expected to be flat yoy because the inventory carried forward from end-20 is expected to be lower compared to that from end-19," they said.

UOB Kay Hian maintains its market weight recommendation on the regional plantation sector despite the possibility of better CPO selling prices in the short to medium term compared to the research firm's current assumptions, according to the analysts.

"We maintain our CPO price assumptions of RM2,400/tonne and RM2,350/tonne for 2020 and 2021 respectively.

"Plantation stocks (share prices) might not react to the surge in CPO prices. This is because higher CPO prices do not translate into higher earnings. The earnings should factor in erosion from higher operational costs, sustainability costs and additional taxes as prices move on the uptrend," they said.

On Bursa Malaysia today, CPO for November 2020 traded RM64 higher at RM2,952 a tonne at 3.55pm while prices for December 2020 CPO rose RM75 to RM2,900.

Translate

Posted by johoran > 2020-10-20 23:00 | Report Abuse

Malaysia's Oct 1-20 palm oil exports rise 4.3% m-o-m — AmSpec Agri
TheEdge Tue, Oct 20, 2020 02:07pm - 8 hours ago


KUALA LUMPUR (Oct 20): Exports of Malaysian palm oil products for Oct 1-20 rose 4.3% to 1,084,701 tonnes from 1,040,085 tonnes shipped during Sept 1-20, according to independent inspection company AmSpec Agri Malaysia on Tuesday.

Posted by ShareNews > 2020-10-21 15:26 | Report Abuse

current price due market sentiment issues...

Posted by johoran > 2020-10-21 22:14 | Report Abuse

Soybean break high..1077 usd

Posted by johoran > 2020-10-22 07:51 | Report Abuse

sep soybean 1040 level cpo = 3100
oct soybean 1070 level cpo =3200
today cpo will up again..hopefully can break 3100

Posted by Jonathan Keung > 2020-10-22 15:06 | Report Abuse

Sleeping beauty. Still deep sleep

Posted by LuckyG > 2020-10-22 15:53 | Report Abuse

operator press hard lah ..... almost all palm oil counter ... this operator very big and strong .

Posted by LuckyG > 2020-10-22 23:47 | Report Abuse

Suspend then delist lol.i guess only

Posted by johoran > 2020-10-24 07:07 | Report Abuse

Soybean break new high 1087... huhu

Posted by Investorrr > 2020-10-25 12:18 | Report Abuse

from October price for CPO..looks like ranging btw 2900+t to 3050..good news
most of TSH palm oil land located in kalimantan
hopefully.cpo price could break 3100 onwards.in view of good price soy bean la nina..depavalli festival
china keep buying palm oil.but down stream production oil price would not been so positive especially biodiesel in iew of lock down many part of cities in the world.
that would affect the crude oil price.

Posted by rizerlee > 2020-10-26 17:31 | Report Abuse

Plenty commenting CPO price break record high and etc
anyone know that TSH's plantation 100% located in indonesia ?
their goods selling price selling in Indonesia market (Rupiah) and not follow MPOC's CPO price

Posted by Jonathan Keung > 2020-10-27 10:01 | Report Abuse

Indonesia CPO pricing is different. all palm producers are required to allocate & participate in their quota .Gapki pricing does not follow our Malaysia open system. not only TSH but others Malaysia owned companies also adhere to their country regulations. { Eg. sime, ioi,KLK, }

Posted by LuckyG > 2020-10-27 10:03 | Report Abuse

no need to answer that stupid question. all price is convert from usd . only difference is discount to soya oil price . he raise that question means he got no knowledge.

Posted by rocketawan > 2020-10-27 10:21 | Report Abuse

Does anyone recall what was the highest share price this company has ever reached?