Posted by Johnzhang > 2022-01-28 08:00 | Report Abuse

I feel that Mikecyc actually dislike the person promoting Bplant, not Bplant itself. Hehehe….
Must read between the lines.

Posted by Mikecyc > 2022-01-28 08:20 |

Post removed.Why?

Posted by Mikecyc > 2022-01-28 08:20 | Report Abuse

LTAT is dropped Boustead privatisation after being dragged more than a year ..Boustead send 3 Director to Bplant a few months ago , going to sell asset again plantation land .

Posted by Mikecyc > 2022-01-28 08:27 |

Post removed.Why?

Posted by Mikecyc > 2022-01-28 08:43 |

Post removed.Why?

Posted by Mikecyc > 2022-01-28 08:45 |

Post removed.Why?

Posted by NorazmiAR > 2022-01-28 08:46 | Report Abuse

https://www.theedgemarkets.com/article/palm-oil-soars-rm5500-indonesia-sets-export-rule

JAKARTA (Jan 27): Palm oil rallied to RM5,500 a ton, a fresh record high, as top grower Indonesia imposed a rule that exporters must set aside some supply for the domestic market in a bid to cool prices.

Exporters must allocate 20% of their shipments for local supply, Indonesia's trade minister Muhammad Lutfi said. The rule takes effect on Thursday. The government will set prices of local crude palm oil sales at 9,300 rupiah (US$0.65) a kilogramme and olein at 10,300 rupiah.

The move comes after palm oil repeatedly notched fresh records, driven by a severe labour crunch in Malaysia and tight global vegetable oil supplies. The latest rally was also fuelled by a surge in rival fuels such as soybean and crude oil, as well as the Russia-Ukraine conflict that has the potential to disrupt supplies of sunflower oil and bolster demand for palm.

Posted by NorazmiAR > 2022-01-28 08:48 | Report Abuse

Braces yourself for another bumper profit in 2022 for all plantation stocks. CPO Price keeps moving to new all time high and most probably this year CPO price will be above RM4000

Posted by Sslee > 2022-01-28 09:09 | Report Abuse

Q1 2021 VS Q12020
CPO realised an average selling price of RM3,751 per MT which surpassed last year’s corresponding
quarter of RM2,793 per MT by RM958 per MT (34%). PK's average price of RM2,520 per MT was
higher by RM820 per MT (48%).
FFB production for the quarter of 180,165 MT was lower than the production in the first quarter of
2020 of 209,857 MT. FFB yield also reduced from 3.1 MT/Ha to 2.6 MT/Ha in the same period.
OER and KER reduced from 21.0% to 20.3% and from 4.3% to 4.0% respectively
For the first quarter of 2021, the Group recorded an unaudited pre-tax profit of RM19.3 million which
was higher than RM1.3 million recorded in the corresponding quarter last year

Q2 2021 VS Q22020
CPO realised an average selling price of RM4,014 per MT which surpassed last year’s corresponding
quarter of RM2,367 per MT by RM1,647 per MT (70%). PK's average price of RM2,647 per MT
was higher by RM1,296 per MT (96%).
FFB production for the quarter of 231,702 MT was lower than the production in the second quarter
of 2020 of 270,383 MT. FFB yield also reduced from 4.0 MT/Ha to 3.4 MT/Ha in the same period.
OER increased from 21.0% to 21.2% whereas KER reduced from 4.3% to 4.1%.
For the six-month period of 2021, the Group recorded an unaudited pre-tax profit of RM83.3 million
which surpassed the corresponding period last year of RM6.0 million

Q3 2021 VS Q32020
Average CPO price for the third quarter of RM4,331 per MT which surpassed last year’s
corresponding quarter of RM2,772 per MT by RM1,559 per MT (56%). PK's average price of
RM2,541 per MT was higher by RM1,060 per MT (72%).
FFB production for the quarter of 263,276 MT was lower than the production in the third quarter of
2020 of 273,625 MT. FFB yield also reduced from 4.1 MT/Ha to 3.8 MT/Ha in the same period.
OER increased from 21.2% to 21.5% whereas KER reduced from 4.3% to 4.1%.
For the nine-month period of 2021, the Group unaudited pre-tax profit increased to RM207.6
million from RM33.6 million in the corresponding period last year.

Q42021:
What will be the average CPO price for the fourth quarter?
FFB Q4 2021(86,432.63+83,357.20+75,538.20) =245,328.03 MT
FFB Q42020 247,693MT and CPO realised an average selling price of RM3,324 per MT. PBT RM 49.68 million

Posted by brianklc > 2022-01-28 09:46 | Report Abuse

Answer will be revealed in 20 days+

Posted by Sslee > 2022-01-28 10:23 | Report Abuse

Quarter profit already more then EPS of 4 cents so why silly Mike copy and paste below???

Mikecyc 券商：丰隆投银研究
投资建议：买进
闭市价：70.5仙（截至1月5日）
可买进价位：67仙 – 68仙 – 69仙
上行目标：72仙 – 76仙 – 80仙
止损点：64仙
每股盈利：4仙 （2022财年估计）
本益比：17倍 （2022财年估计）
股息收益率：3.5% （2022财年估
28/01/2022 6:50 AM

Posted by 888STOCK888 > 2022-01-28 14:38 | Report Abuse

Must be privatisation at 3.88 per share

Posted by 888STOCK888 > 2022-01-28 15:04 | Report Abuse

Please sell more

Posted by CCWONG > 2022-01-28 15:23 | Report Abuse

Bplant is B = Be, p = profitable, l = lucky, a = and, n = not, t = tire.

So, Bplant = Be profitable, lucky and not tire.

Posted by Johnzhang > 2022-01-28 16:28 | Report Abuse

Madness!! FCPO Feb contract surged to $5,750 this afternoon!!

Posted by brianklc > 2022-01-28 16:40 | Report Abuse

Jtiasa 1.2m vol, without any good news up 3 sen, bplant 5.4m with land sales, got selling pressure

Posted by Johnzhang > 2022-01-28 21:17 | Report Abuse

CPO price has gone crazy already! It closed at a new record of $5,810 this evening! This is the result of Indonesia restricting export volume to adequately supply domestic market.

Posted by ahbah > 2022-01-28 21:25 | Report Abuse

But plantation stocks are still in deep COMA !!!

Posted by Johnzhang > 2022-01-28 21:32 | Report Abuse

May wake up soon.

Posted by brianklc > 2022-01-28 21:35 | Report Abuse

https://www.theedgemarkets.com/article/indonesias-palm-oil-export-curbs-upend-global-edible-oil-markets

Posted by brianklc > 2022-01-28 21:41 | Report Abuse

The writer very funny, at first the intention was to say CPO price increase will result buyers to shift to other source such as soya. Then end the article by saying the increase demand in alternatives will increase the price as well.

Posted by brianklc > 2022-01-28 21:45 | Report Abuse

So conclusion is, what Indonesia does effectively resulted a shortfall in supply which the market needs time to adapt and normalise.

Posted by MuttsInvestor > 2022-01-29 01:41 | Report Abuse

John ....... """Madness!! FCPO Feb contract surged to $5,750 this afternoon!! """ .. LoL .... More to come. Malaysia may just join Indonesia with EXPORT QUOTA , if the Prices continue up . And our Stock Pile Drops again in Jan 2022 ( 70% chance it HAS drop below last month stockpile ) . Which means LOCAL Cooking oil may surge to Rm40.oo per 5kg bottle.

Posted by MuttsInvestor > 2022-01-29 01:48 | Report Abuse

More critical is the TONGA eruption. Will it affect SPRING planting in Northern Hemisphere ?? Next week is CNY. Yet the Met is forecasting heavy rain and thunderstorm which is VERY unusual for CNY.

Posted by kelvin61 > 2022-01-31 16:01 | Report Abuse

All the Anal-Lists are still in Dreamland...holding on their highly over valued Techs waiting to explode....meantime, oil palm plantation companies will make even more money in 2022...with higher dividend payouts and maybe bonus being declared

Posted by MuttsInvestor > 2022-01-31 18:50 | Report Abuse

Happy... CNY !!!!!!!!... Have a Great Reunion Dinner tonight !!!! ................... Waiting for BIG ANG POW soon from Bplant Management soon ............ " Divident and Bonus !!!!! "

Posted by brianklc > 2022-01-31 22:20 | Report Abuse

Huat ah!

Posted by Diamond7 > 2022-02-01 06:21 | Report Abuse

Happy New Year!
May all be blessed with abundance in this counter!
Peace happiness n good health to all!!!

Posted by Sales > 2022-02-01 12:44 | Report Abuse

Happy CNY to all i3 members! May this year bring abundance of wealth and blessings.

Posted by 888STOCK888 > 2022-02-03 08:11 | Report Abuse

0.88 today

Posted by 888STOCK888 > 2022-02-03 08:14 | Report Abuse

Huatt ah everyone!

Posted by Johnzhang > 2022-02-03 08:39 | Report Abuse

Gong Xi Fa Cai! In 2022, we shall make good return from Small and mid cap plantation counters , especially Bplant.

Posted by Yippy68 > 2022-02-03 09:22 | Report Abuse

pointing north

Posted by brianklc > 2022-02-03 10:53 | Report Abuse

Well done, pls throw more, let’s have cyber sales for all to collect

Posted by 888STOCK888 > 2022-02-03 15:14 | Report Abuse

Road block by big brother? Let's see how much shares big brother willing to sell for road blocks.

Posted by RJ87 > 2022-02-03 15:52 | Report Abuse

Across whole plantation sector. U think big brother got enough shares to block?

I think retailers aren't looking at Plantation. Need Joey Yap to recommend Plantation.

Posted by Johnzhang > 2022-02-03 17:48 | Report Abuse

Indeed. Retail interest is weak and therefore very easy for someone to ‘suppress’ the stock .

Posted by brianklc > 2022-02-03 21:08 | Report Abuse

It’s ok, let’s see if big bro still flushing after announcement in 20+ days time….

Posted by peter Too > 2022-02-04 02:06 | Report Abuse

Buy buy buy .hold hold hold

Posted by Johnzhang > 2022-02-04 12:04 | Report Abuse

A massive winter storm swept across the central and Northeast US on Thursday where it was delivering heavy snow and ice, making travel treacherous, if not impossible, knocking out power to thousands and closing schools in several states.

Who knows what kind of wild weather will be during the next edible oil crop season . If next edible oil crop harvest in the northern hemisphere is no good , CPO price will stay above $5,000 throughout 2022 until the next crop season in 2023.

Posted by Ayambrand > 2022-02-04 13:38 | Report Abuse

To the moon

Posted by 888STOCK888 > 2022-02-04 14:09 | Report Abuse

0.88..... 1.28.....1.88.....2.88.......privatise at 3.88!!!! Huat liao

Posted by ahbah > 2022-02-04 14:36 | Report Abuse

Bplant in solid uptrend now ?

Go in first ?

Posted by ahbah > 2022-02-04 15:07 | Report Abuse

A big fat BULL is oredi in out mkt now !

Masuk n catch the big fat BULL$$$ !!!

Posted by brianklc > 2022-02-04 16:40 | Report Abuse

Today big bro only blocking instead of dumping… no more bullet?

Posted by Ayambrand > 2022-02-04 18:18 | Report Abuse

To the moon i guess

Posted by 888STOCK888 > 2022-02-05 01:10 | Report Abuse

RM6000 coming

Posted by Yippy68 > 2022-02-05 02:59 | Report Abuse

bplant 0.80 is not a dream, by middle of next week

Posted by Johnzhang > 2022-02-05 07:02 | Report Abuse

KUALA LUMPUR (Feb 4): The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives end higher on Friday (Feb 4), buoyed by stronger sentiment in the crude oil market, palm oil trader David Ng said.

At the time of writing, the benchmark Brent crude up 2.05% to US$92.98 per barrel.

"The CPO price was also influenced by a prospect of a tighter supply in coming weeks," he told Bernama.

At the close, CPO futures contract for February rose RM65 to RM5,779 a tonne, March added RM86 to RM5,749 a tonne, April improved RM104 to RM5,617 a tonne, May 2022 increased RM107 to RM5,443 a tonne, June 2022 was RM101 higher at RM5,268, and July 2022 widened RM106 to RM5,107 a tonne.

The physical CPO price for February rose RM50 to RM5,850 a tonne.

Posted by Johnzhang > 2022-02-05 07:35 | Report Abuse

Palm oils , which command about 40% share of global edible oil market , has recently achieved pricing on par and even higher than soyoil ! I think this has never happened before as I remember palm oil had always been traded at huge double digits % discount to soyoil , canola and sunflower oil.

What we see now has very positive long term impact on palm oil. Palm oil which has the biggest market share of edible oil should rightly command the pricing power like it is now .

Climate Change agenda and ESG compliance , which lead to NO new investment in oil palm cultivation since 3 years ago (and expect minimum expansion into the foreseeable future), coupled with increasing consumptions, higher usage in renewable fuel supported by high fossil fuels and strong Indonesia government mandate, palm oil prospect can only be brighter….

Amid wild weather caused by global warming, the competing edible oil crops will have great challenges to produce enough to fill any slack from palm oil .