Posted by Kon Lim Chai > 2021-11-09 22:56 | Report Abuse

Estimated profit after tax for Q3 RM100 million which include GST refund. Expect dividend 2.5 sen minimum.

Posted by Kon Lim Chai > 2021-11-10 05:25 | Report Abuse

Output in Q3 higher than Q2 by about 12.5%.ASP also higher by at least 5%. Some of the expenses are fixed regardless of revenue growth. GST refund 37 million. These are bases of estimated profit of RM100 million.

Posted by Johnzhang > 2021-11-10 06:38 | Report Abuse

@Kon, GST refund is a balance sheet item and therefore is not a profit. It increases cashflow for the company.
I think NPAT for Q3 will come in around $77 mil or 3.45 sen/share.
Yes, I think there will be MAXIMUM dividend payout from the qtr earning simply because Bstead Holdings (parent company) need the cash urgently to pare down debts. Afterall, Bplant has strong cash flow from operations, GST refund and net proceed of $430mil from Kulai estate impending disposal.

Posted by Kon Lim Chai > 2021-11-10 07:04 | Report Abuse

I thought tax write back like the case of HLC applies. Thanks anyway

Posted by calvintaneng > 2021-11-10 08:44 |

Post removed.Why?

Posted by Intrinsic99 > 2021-11-10 08:48 | Report Abuse

Other members also buying valuable stocks but not behave like this iddiot spammer

We all feel ridiculous nonstop posting nonstop promoting

As I said earlier, if you so confidence to wait and if you so confidence what you invest why everyday need to promote, why everyday put up so many blog, why everyday go different stocks forum keep on promoting your palm oil stocks?

This is very obvious you want to cash out your share bought and treat other members as waterfish.

In the real world, no free lunch to people unless you want to take advantage from others

I don't know why 3iii administrator didn't take any action to suspend this iddiot account to avoid further keep on spamming everyday and every way

I pegging administrator need to take proper action against this spammer

Posted by Intrinsic99 > 2021-11-10 08:58 | Report Abuse

No need to raise flag, you more raise up the more admitted what I said is correct

You are trying cash out what you did the mistake that's why keep on promoting

Posted by yong8888 > 2021-11-10 09:41 | Report Abuse

Sudah lari kuat kuat @ 0.7000 , will come here to buy back below 0.6000.. hihi...

Posted by calvintaneng > 2021-11-10 10:03 | Report Abuse

why you lari at 70 sen so low?

Wait till all 3 : bplant, Thplant and Jtiasa crossed Rm1.00 then only consider

You let go might not get it back again

Posted by Johnzhang > 2021-11-10 11:06 | Report Abuse

@kon, income tax refund will reduce the amount of tax payable this year and hence increase profit.
But GST refund is just squaring off the difference in GST input tax accounts with output tax accounts Hence it has no impact on earning.

Posted by CCWONG > 2021-11-10 14:06 | Report Abuse

Hi Johnzhang, nice to interact with you again.

1. FCPO is still all time high (As at 09-11-21, CPO Price is 4,792.00/ton).

2. Yes, FCPO drops because if it is too high, international buyers slow down a bit, but pick up later.
(CPO > 3,500/ton is a boom to oil palm upstream cos as well as downstream cos - both win)

3. Average CPO Price for Jul' to Sept'21 is 4,417/ton.

4. Average CPO Price for Oct'21 is 5,051/ton.

5. Now, announcing soon is the Value of FFB/CPO produced for Oct'21.

6. And, announcing soon is the Qtr Financial Report (Jul' to Sept'21).

7. So, we still have all the above favorable news.

8. So, lari dari apa? dari ular kah? No ular lah? But, ada factual figures lah.

9. Just bought again this morning to top up the good oil palm shares portfolio.

10. Finally, keep investing in good growth companies like oil palm shares for financial gains.

Posted by Hoot9e > 2021-11-10 16:06 | Report Abuse

i think is future CPO

Posted by CCWONG > 2021-11-10 16:12 | Report Abuse

Hi JohnZhang, your tel contact no. please?

Posted by Johnzhang > 2021-11-10 18:23 | Report Abuse

CCWONG, I fully agree with you that the strong fundamentals of CPO remain intact.
Although Oct closing stock went up 4.42% to 1.83 mil MT, the inventory is merely 1.2 month buffer ((1.83/18.0)x12 ) which is very low for a food, industrial and biofuel products. The ‘comfortable’ inventory level may be about 3 to 3.2 mil mt in order to safely meeting the growing usage as edible oil and renewable biofuels .
Seasonally low production period start this month until March 2022. The closing inventory until March 2022 or beyond likely to stay tight and thus support CPO price at high level for awhile. This probably explains why CPO price for Nov went up $119 despite 4.42% increase in inventory.
Fund managers and Analysts may continue to forecast higher production/stock into 2022 and hence forecast substantially lower CPO in next year (anyway, they have never got it right in the past 12 months). I think they will get it wrong again.
Overall CPO production next year will still be about the same as this year. Because of MCOs (hampering delivery of fertilizer) and labour shortage , fertilizer application this year is seriously delayed and shall adversely affect FFB yield next year . Field upkeep is not up to the mark .
Labour shortage will still be a problem with covid resurgence as high risk . Fertilizer application for 1H next year will face another setback due to extremely tight supply of certain essential fertilizer from China. Under such scenarios, how can the palms yield more next year ?? I have my reservations.

Posted by Johnzhang > 2021-11-10 18:59 | Report Abuse

Correction: CPO for Nov actually closed up $140

Posted by Johnzhang > 2021-11-10 19:53 | Report Abuse

https://newswav.com/A2111_Rf9BJH?s=A_PlLlUfw
Diesel shortage in US. Tell Biden we can help with palm based biodiesel. Hehehe

Posted by CCWONG > 2021-11-10 21:05 | Report Abuse

Bplant's FFB harvest details:

1. Jul'21 - 81,155 ton at 4,128.00/ton (Av. CPO Price).
2. Aug'21 - 91,150 ton at 4,555.00/ton (Av. CPO Price).
3. Sep'21 - 91,012 ton at 4,556.00/ton (Av. CPO Price).

(Jul'21/Aug'21/Sep'21 - 263,317 ton at 4,416.00/ton (Av. CPO Price).

4. Oct'21 - 86, 432 ton at 5,051.00/ton (Av. CPO Price).
5. Oct'21's FFB tonnage of 86,432 against Sep'21 FFB tonnage 91,012 is
a drop of 4,580 ton (5.03% drop).
6. Oct'21 Av CPO Price of 5,051.00 against Sep'21 Av CPO Price
of 4,556.00 is an increase of 495.00 (10.86%).
7. Therefore, a drop of FFB harvest by 5.03% against an increase of
Av CPO Price of 10.86%. A small drop in tonnage against a double
increase in Av CPO Price. Double, you know what it means, same cost.
8. The offset is positive which adds to the additional increase in
Sale Revenue which will add to the increase in NPAT for Oct'21.
9. Let's see for this month of Nov'21 & next month of Dec'21.
10. No surprise, actual facts. KLSE drops by tens of points, but
Bplant share price dips a little only. In fact, increase when
compared to only a few months ago, it was <0.58 ct. (Today, 0.68ct)

Posted by calvintaneng > 2021-11-10 22:40 |

Post removed.Why?

Posted by Intrinsic99 > 2021-11-10 23:37 | Report Abuse

Don't be silly to mislead the members here, you don't know why government asking citizens to buy more food to keep as storage because of strong winter season, not because of high demand of palm oil

Don't simply con others hard earned money, one day karma will see you soon

Posted by calvintaneng > 2021-11-11 02:51 |

Post removed.Why?

Posted by danny123 > 2021-11-11 14:12 | Report Abuse

Ya lah, keep on asking people to buy and get trap

Got money hold cash better

Posted by NoBrainerLor > 2021-11-11 16:45 | Report Abuse

How ah, I've no brain but too much cash wor. Keep cash also don't know for what. CPO price so high. Just buy lor

Posted by NoBrainerLor > 2021-11-11 16:46 | Report Abuse

Anyway, with CPO price so high. Why you need brain to think when CPO counters are no brainer investment. Better be no brainer than no cash

Posted by Kon Lim Chai > 2021-11-11 20:37 | Report Abuse

0123456789. So easy to remember

Posted by InvestIcon > 2021-11-12 10:13 | Report Abuse

God always not fair. People don’t need to think are cash rich. People always thinking high and low hard just for surviving few meals like Tyranny. I Better follow NoBrainerLor. No need to think cash rich. Think so much, full of worry.

Posted by InvestIcon > 2021-11-12 14:02 | Report Abuse

Why not, If hell is good. can think about it also. You want to go first?

Posted by InvestIcon > 2021-11-12 14:10 | Report Abuse

@Tyranny, working so hard as short gun for others to make 2 meals. Good luck if you have make your meals today. Although as a small tiny farmer for just 50 hectares Palm Oil. Of course nothing can compare to big timer farmers like KLK. But With current CPO price. Enough to make many big company top management people envy, why ask more. Just follow NoBrainerLor.. buy CPO counters

Posted by VerySmartInvestor > 2021-11-12 14:22 | Report Abuse

I fully agreed with InvestIcon and really envy NoBrainerLor as he invested No Brainer Counters without using brain. With current CPO price, how CPO company don't make windfall profit. Salute you both and will follow you guys.

Posted by VerySmartInvestor > 2021-11-12 14:24 | Report Abuse

@Tyranny, are you envy? I guess so since poor people like you always put a lot of blame on other people who are successful

Posted by VerySmartInvestor > 2021-11-12 16:27 | Report Abuse

InvestIcon, that's why I said Poor people always think 1 cent is big. Imagine he think 50 hectares Palm Oil is big! He doesn't realise many people have more than that. How to do, he looks for 2 meals only.LOL.

Posted by InvestIcon > 2021-11-12 16:31 | Report Abuse

Totally agree with you VerSmartInvestor. That’s why I claimed i’m small tiny farmer lor. Can’t believe he think 50 is a lot. I think we are wasting time with him. After all, poor people lives in his own world. Let him continue to bark. We continue buying our CPO counters. No need to respond to him.

Posted by VerySmartInvestor > 2021-11-12 16:32 | Report Abuse

Agreed InvestIcon, we just ignored him

Posted by VerySmartInvestor > 2021-11-12 16:32 | Report Abuse

We Buy more Bplant

Posted by Yippy68 > 2021-11-12 17:17 | Report Abuse

bloody badly brought up spoil kid, in my service day, i will give a slap on that fxxking ugly face.

Posted by Yippy68 > 2021-11-12 17:23 | Report Abuse

you are just rubbish here, get lost. not even own 10k share of Bplant, low class,.

Posted by Intrinsic99 > 2021-11-12 17:30 | Report Abuse

Now all open your eye and see this iddiot spammer sold all MHC stock since this iddiot spammer so confidence about the palm oil sector earlier and keep on promoting to all members everywhere.

You see what I told the marker is correct, this iddiot spammer wanted to cash out so keep on promoting to all members then can cash out easily.

I so pity members here listen to this iddiot end up you can burn you hard earned money and this iddiot laughing at you later.


https://klse.i3investor.com/servlets/forum/600571451.jsp

Posted by sethoylo > 2021-11-12 18:31 | Report Abuse

Hi @Intrinsic99 I appreciate their comment and I do appreciate your comment as well. but dont condemn other give their view here.

They share their info and you can share your as well. but do give some solid evident and show us this guy really cash out. if not don't screw someone without reason.

Posted by calvintaneng > 2021-11-12 19:40 |

Post removed.Why?

Posted by Asia88 > 2021-11-12 20:15 | Report Abuse

Guys, please report this tyranny user.

Steps 1 : Press the profile
Steps 2 : Click comment
Steps 3 : Press report abuse on all of his vulgar comment.

Then, i3investor will ban this rubbish.

Posted by danny123 > 2021-11-12 22:02 | Report Abuse

99, u are right, they want to cash out so they promote

Posted by ITCHYLEG > 2021-11-13 01:04 | Report Abuse

股神巴菲特说过的一段话：“我的一生中，从未遇见一位没亏过钱的富人，却遇见许多什么都不敢干而从未亏掉一毛钱的穷人。

敢投资的人才拥有成为富人的机会。

不敢投资的人，虽然没有亏过钱，但也注定不会赢钱。”

Posted by Yippy68 > 2021-11-13 06:12 | Report Abuse

rich become richer, poor with chicken brain will continue to be poor.

Posted by Johnzhang > 2021-11-13 06:38 | Report Abuse

Palm oil producer Golden Agri-Resources has reported earnings of US$115 million for 3QFY21 ended Sept 30, up 580% y-o-y from a loss of US$5 million.
Revenue in the same period was up 76% y-o-y to US$2.8 billion,
The company notes that the on-going La Nina weather pattern will impact supply.
Yet, demand has not been “significantly affected” despite the high prices.
“Notwithstanding the more conducive market environment, we remain cautious of any uncertainties from the lingering global Covid-19 pandemic,” the company states.
“Looking forward, industry prospects continue to be positive given palm oil’s important role in supplying the growing global vegetable oil demand.”
Golden Agri-Resources closed Nov 11 at 27 cents, down 1.85% for the day and up 65.63% year to date.

Posted by Johnzhang > 2021-11-13 07:38 | Report Abuse

Golden Agri share price up 65% ytd , but Bplant only up 8%

Posted by Kon Lim Chai > 2021-11-13 07:47 | Report Abuse

All debates,if you can call them so, will come to an end when Q3 results are out. Maybank Kim End did support buying in Bplnt lately. I just topped up.

Posted by stockraider > 2021-11-14 12:52 | Report Abuse

The following write up summarize why is it palmoil stock offer the best investment & investor protection loh!

Do not listen to the good for nothing stock analyst who have vested interest loh!


Posted by calvintaneng > Nov 6, 2021 5:28 PM | Report Abuse

Intrinsic99

I have read all the argument broth forth by the Naysayer IB Bankers

None of them is true

See our Friend reply

Posted by Johnzhang > Nov 2, 2021 9:57 AM | Report Abuse

IBs and many pessimist are relentlessly worried that CPO price will fall since the day CPO reached $3,000/- in 2020. CPO reached $5,350 now! Should investors be too concerned if CPO price correct down from today's level ?
I would like to share the year's high (H) , low (L) and the simple average (Avg) from year 2008 to 2021as below :
2008. $4179 (H) , $1403 (L) , $2791 (Avg)
2009. 2887,. 1630. 2259
2010. 3782. 2386. 3084
2011. 3930. 2786. 3358
2012. 3567. 2027. 2797
2013. 2635. 2157. 2396
2014. 2917. 1933. 2425
2015. 2360. 1802. 2081

2016. 3243. 2181. 2712
2017. 3344. 2338. 2841
2018. 2555. 1718. 2137
2019. 3025. 1834. 2430
2020. 3835. 2021 2928
----------------------------------------------------
Avg. 3251. 2017. 2634
----------------------------------------------------
2021YTD 5395. 3471. 4434

2021's H is 29% higher than the highest H (2008)
2021's H is 66% higher than the avg H 2008-2019
2021's L. Is 147% higher than the lowest L (2008)
2021's L is 72% higher than the avg L 2008-2019
2021's Avg is 68% higher than the Avg 2008-2019.

Despite the above , all plantantion counters stock prices are 20-50% below the highs achieved in 2008 -2020 period . Mind boggling indeed.

So, why should there be worries if CPO price indeed correct for 10-20% next year ??
02/11/2021 9:54 AM

Stock: [TAANN]: TA ANN HOLDINGS BHD

Oct 26, 2021 3:22 PM | Report Abuse

The windfall tax is not new . It has been around since 2008.
The IBs rating for plantation sector have been like this :
When CPO $3,000 , price will fall to $2,500 , neutral rating
When CPO $3,500 , price will fall to $2,700 , neutral rating
When CPO $4,000 , price will fall to $2,800 , neutral rating
When CPO $4,500 , price will fall to $3,000 , neutral rating
When CPO $5,000, price will fall to $3,200 , neutral rating
When CPO $5,300 , price will fall to $3,300 , neutral rating
Listening to IBs will bring you to Holland !

NOTE: JOHNZHANG SAID: "LISTENING TO IBs WILL BRING YOU TO HOLLAND

(NO WONDER 90% OF THE MARKET RETAIL PLAYERS YEAR AFTER YEAR LOSING MONEY LISTENING TO IB BANKERS: 90% OF RETAIL PLAYERS LOSING MONEY DECADE AFTER DECADE LOSING MONEY LISTENING TO IB BANKERS

(BETTER WAKE UP! STOP LISTENING TO IB BANKS)


Posted by Johnzhang > Oct 8, 2021 12:50 PM | Report Abuse

I am pleased to share the projected full year (2021) EPS and the prospective PE of some of my favorite plantation counters. The Projected EPS is based on actual 1H + Q3+Q4. Q3 EPS can be estimated fairly accurately as Q3 avg CPO prices is known and production numbers are mostly available . I also make the assumption that Q4 EPS is same level as Q3 for reasons that ASP Q4 seem to be even higher and labourers for plantantion sector are coming in to maximize crop recovery. Given that Nov/Dec is usually seasonally lower crops, but the higher ASP and labour availability should be enough to offset that,
On above basis , the FY 2021 EPS and prospective PE based on yesterday closing share price as as follows:

Bplant. EPS 9.6sen , PE 7.1x
THplant. EPS 16.5sen , PE 4.4x
SOP. EPS 73.0sen. PE 5.3x
MHC. EPS 20.9sen. PE 4.5x
Cepat. EPS 13,9sen. PE 5.2x
Swkplt. EPS 48sen. PE 5.2x
Taaan. EPS 67.9sen PE 4.6x
Hsplant. EPS 23.6sen. PE 9.3X.

Historical PE for plantation counter is 15 to 25x
As such, plantation counters are seriously underappreciated by the market , especially amid poor KLSE sentiment.

Can 2021's earning be sustained in 2022?
You will be surprised!
Hope this perspective helpful for your investment decision.

Posted by stockraider > 2021-11-14 12:55 | Report Abuse

Very good analysis of calvin sifu loh!

Investment into farmland or plantation is the best defensive investment strategy now loh!

Invest now...b4 its share price rerate & shoot up mah!

U see...sifu calvin should continue to promote plantations share when there is still deep margin safety for plantation stock mah!

This is the very safest strategy mah!

No need to heed the naysayers complaining spamming mah!

Bcos naysayers had very bad ulterior motives mah!

Posted by stockraider > 2021-11-14 13:04 | Report Abuse

Remember why investing into palmoil stock is greatleh ??

Plantation land beside having huge tract of cheap land to protect us against rampant inflation, it also produce food and also provide good & safe dividend yield of 3% t0 6% pa much superior compare to fixed deposits of yield less than 2% pa.

In other words plantation is a perfect investment at the moment loh!

Posted by stockraider > 2021-11-14 13:07 | Report Abuse

If u want surefire safe & steady accumulation of wealth, stick with plantation mah!

Do not sway loh!

Posted by PlantBull > 2021-11-14 18:50 | Report Abuse

Well said @stockraider