Posted by Johnzhang > 2022-02-10 07:11 | Report Abuse

Bplant's FFB production Q4 2021 is 248,328 mt (Q4 2020 247,693 mt) , Up marginally y-o-y which is very good despite worsening labour shortages.
Avg spot CPO price Q4 2021 is $5,154 (Q4 2020 $3,341), Up 54% y-o-y.
As a result, Bplant is going to announce huge earning growth y-o-y

Posted by Sslee > 2022-02-10 07:35 | Report Abuse

KUALA LUMPUR (Feb 10): RHB Retail Research said Boustead Plantations Bhd saw trading volume picking up in tandem with the rise of its share price. The bulls are eyeing the immediate resistance of 79 sen.

In a trading stocks note today, the research housed said the bullish momentum has been accelerating on the back of strong trading volume.

“If the stock breaches the immediate resistance, the upside movement may extend towards 82.5 sen, followed by 86 sen.

“Conversely, falling below the 74.5 sen support would negate this expectation,” it said.

Posted by brianklc > 2022-02-10 07:56 | Report Abuse

https://www.theedgemarkets.com/article/boustead-plantations-trading-volume-picking-says-rhb-retail-research

Posted by Ayambrand > 2022-02-10 09:15 | Report Abuse

HUAT LA

Posted by zhm540 > 2022-02-10 09:15 | Report Abuse

No more China wall today??

brianklc China wall at 795, mother of all walls
09/02/2022 10:38 AM

Posted by ahbah > 2022-02-10 09:21 | Report Abuse

KUALA LUMPUR (Feb 10): RHB Retail Research said Boustead Plantations Bhd saw trading volume picking up in tandem with the rise of its share price. The bulls are eyeing the immediate resistance of 79 sen.

In a trading stocks note today, the research housed said the bullish momentum has been accelerating on the back of strong trading volume.

“If the stock breaches the immediate resistance, the upside movement may extend towards 82.5 sen, followed by 86 sen.

“Conversely, falling below the 74.5 sen support would negate this expectation,” it said.

Bplant got BULLISH momentum today !

Get in FAST to get your CNY angpow$$$ !

Posted by brianklc > 2022-02-10 10:28 | Report Abuse

Big bro is back at 790

Posted by risktoreward > 2022-02-10 10:46 | Report Abuse

Got an even chance for big spike soon

Posted by zhm540 > 2022-02-10 10:48 | Report Abuse

TAAN, KLK, SIME already up but BPLANT is still laggard....

Posted by risktoreward > 2022-02-10 10:50 | Report Abuse

For this case patience will bring big big reward, charging power bro

Posted by RJ87 > 2022-02-10 10:51 | Report Abuse

Later QR out…accidentally terjual how their holding before going up

Posted by RJ87 > 2022-02-10 10:51 | Report Abuse

*all

Posted by ahbah > 2022-02-10 11:17 | Report Abuse

Our whole mkt now is on a BULL RUN !

Go in n get your share of the CNY angpow$$$ !!!

Posted by ahbah > 2022-02-10 12:52 | Report Abuse

" the research house, (Maybank IB) remained positive on the sector, and

maintained its ‘buy’ call on Kuala Lumpur Kepong (KLK), SOP and BPLANT

with a target price of RM30.70, RM5.60 and RM0.93 per unit, respectively. "

BPLANT with a target price of RM0.93 per unit,

Posted by Johnzhang > 2022-02-10 13:14 | Report Abuse

When Bplant declares part of the proceed from asset monetisation for special dividend , I am sure BPlant will go much higher than Maybank’s TP.

Posted by brianklc > 2022-02-10 13:45 | Report Abuse

https://www.theedgemarkets.com/article/mpob-malaysias-jan-2022-palm-oil-inventory-down-385-onmonth-155m-tonnes

Posted by brianklc > 2022-02-10 13:49 | Report Abuse

the inventory drop is more than what CGS-CIMB predicted

Posted by brianklc > 2022-02-10 13:49 | Report Abuse

big bro stock to clear today?

Posted by calvintaneng > 2022-02-10 13:55 |

Post removed.Why?

Posted by 888STOCK888 > 2022-02-10 15:00 | Report Abuse

Show time soon

Posted by dragon328 > 2022-02-10 15:01 | Report Abuse

Why is there so much selling pressure at 0.79 - 0.80?

Posted by dragon328 > 2022-02-10 15:09 | Report Abuse

Current CPO spot and futures prices are very high above RM5,000/MT and retail investors like Calvin and John Zhang keep saying CPO prices will continue going up.

But why are the forecast average CPO prices for 2022 by all local analysts so low:

CIMB - RM3,600/MT
MBB - RM3,200/MT
Affin - RM3,300/MT
HLB - RM3,500/MT
Kenanga - RM3,500/MT

The average CPO YTD Feb is well above RM5,500/MT. In order to achieve an annual average of RM3,500/MT for 2022, the CPO prices will need to drop to RM3,100/MT for the 10 months from March to Dec 2022.

How likely would that be?


Posted by calvintaneng > Feb 10, 2022 1:55 PM | Report Abuse

Palm oil production down

Canada canola oil failed

Right now Brazil too much rain and Argentina too dry impact soybean

All three Vege oil production got shortfall

Unlike steel or crude oil there is no way to ramp up production

What will happen then

Answer is only two

1. Very very high prices for palm oil, canola oil and soyoil

All screaming with Colossal once in a century profits

2. World famine

Then palm oil will be as expensive as liquid gold

Posted by 888STOCK888 > 2022-02-10 15:24 | Report Abuse

Once break 0.80....straight up to 0.88 =D

Posted by Johnzhang > 2022-02-10 15:28 | Report Abuse

Finally the roadblock to 80 sen is dismantled. Huat lah..

Posted by 888STOCK888 > 2022-02-10 15:29 | Report Abuse

Once result out 1.88 also sap Sap water

Posted by ahbah > 2022-02-10 15:30 | Report Abuse

Bplant ... now on a solid uptrend ?

Go in fast or we may miss the boat$$$ ?

Posted by brianklc > 2022-02-10 15:32 | Report Abuse

not so soon, big bro is asking approval for more blocks... they will block until results announcement week...

Posted by ahbah > 2022-02-10 15:43 | Report Abuse

Now, Plantation Index is up 2.8% !

So, the BIG, FAT BULL is in the plantation$$$ sector ?

Posted by 888STOCK888 > 2022-02-10 15:43 | Report Abuse

=D show time

Posted by Johnzhang > 2022-02-10 15:45 | Report Abuse

@Dragon328, to be accurate I only said CPO will stay at high level as supply of all edible oils are affected by climate change , labour issue and lack of investment in the past few years while demand continue to grow . As long as there is NO bumper harvest for the competing oil crops, mainly soya, canola and sunflower seed, which is likely the case due to frequent wild weather swing, CPO will stay well above the past average level benefiting oil palm growers . I think there will be NO production increase for CPO in 2022 too. CPO can not continue to go up to the sky . Price level will find its equilibrium level one day and I believe the equilibrium level is much higher than the average of past 5 years .

Posted by brianklc > 2022-02-10 16:32 | Report Abuse

now big bro is considering buying

Posted by MuttsInvestor > 2022-02-10 16:46 | Report Abuse

80Cents .... and Holding !!!! My TIMAH whisky and Cigar is OUT ! Enjoying the Moment !!!

Posted by Ayambrand > 2022-02-10 16:58 | Report Abuse

patience is good

Posted by RJ87 > 2022-02-10 17:17 | Report Abuse

Announce bonus issue at RM1.5 by Q4,22. Short 30% bounce to RM1.80 at PE 12 from FY22 earnings. Sound very reasonable. But hv to wait until 2023.


---------------------------------------------------------------------------------
Johnzhang When Bplant declares part of the proceed from asset monetisation for special dividend , I am sure BPlant will go much higher than Maybank’s TP.
10/02/2022 1:14 PM

Posted by ahbah > 2022-02-10 17:27 | Report Abuse

Add some first so as not to miss the boat$$$ completely if there is a BIG

FAT BULL in the plantation sector ?

Posted by RJ87 > 2022-02-10 17:34 | Report Abuse

u think block FOC one is it? purpose of blocking is so that they can collect low from pullback...
if no one is selling. Their block is no use. It's better block at lower is cheaper than blocking at higher.

================================
brianklc not so soon, big bro is asking approval for more blocks... they will block until results announcement week...
10/02/2022 3:32 PM

Posted by Johnzhang > 2022-02-10 20:12 | Report Abuse

@MuttsInvestir, Gong Xi Fa Cai! very soon we can afford much better whiskey than Timah.

Posted by MuttsInvestor > 2022-02-10 21:27 | Report Abuse

CHEERS !!!!! John !!! ........ Support local .... TIMAH whisky . Singleton 21 years coming !!!! or Ardbeg .!!!

Posted by RJ87 > 2022-02-10 21:29 | Report Abuse

next 4 quarters also money steady2 come in. No point selling.

Wait until bonus issue only sell

Posted by Johnzhang > 2022-02-11 02:15 | Report Abuse

LONDON (Feb 10): From morning lattes to dinnertime roasts, prices for major food staples are on the boil.

The Bloomberg Agriculture Spot Subindex, which tracks nine agricultural commodities, is nearing an all-time high. Prices across grains, oilseed and softs markets have rallied as supply shortfalls abound, a signal that food inflation already hitting consumers worldwide is unlikely to let up soon.

inputs from energy to packaging rose 10% in January versus last year. And unlike past volatile commodity cycles, farmers are unlikely to ramp up production significantly.

That echoes supply challenges rippling across crop markets. Stockpiles of arabica-coffee at exchange warehouses dwindled to a 22-year low this week, and a US Department of Agriculture report pared its estimate for world wheat and cotton reserves.

Dryness has also spanned key South America soybean-growing regions, as well as west African nations that produce the bulk of the world’s cocoa. And farmers are facing challenges from rocketing costs for fertilizer, pesticides and diesel.

“Prices are rising on strong demand and dwindling stocks with supply-chain challenges still an issue,” Judy Ganes, president of J. Ganes Consulting, said by message.

The gains across food markets threaten to hit import-reliant regions hardest. A milling association in Cameroon this week halted flour deliveries due to soaring costs for wheat.

Soybeans futures topped US$16 bushel in Chicago on Thursday for the first time since May. Cocoa in New York touched a one-year high. The BCOM index will update after trading closes.

“The bull market has staying power,” Rabobank analysts said in a note. “Worsening weather for La Nina-hit southern Brazil and Argentina is eroding global feed prospects and shifting demand to the US, where supplies and acreage expansion are limited.”

Posted by calvintaneng > 2022-02-11 08:57 |

Post removed.Why?

Posted by shiby > 2022-02-11 10:08 | Report Abuse

all good indicator. price just move.no need to sell.keep on holding

Oct 11, 2021 4:04 PM | Report Abuse

good time ahead.hold steady

Posted by calvintaneng > 2022-02-11 11:19 | Report Abuse

Bplant versus Thplant versus Jtiasa

All 3 got over 200,000 acres of upstream oil palms

1st Target to reach is Rm1.00

See which one gets there first !!!

Posted by Johnzhang > 2022-02-11 12:03 | Report Abuse

BJFood posted 3.4 folds growth of profit y-o-y for the Oct-Dec 2021 qtr and declared 1 sen interim dividend. As a result, it’s share price limits up this morning which is helped by the positive sentiment in Bursa now.

Bplant is expected to also post over 3 folds jump of profit y-o-y for Oct-Dec 2021 qtr and expect to declare even higher dividend. I wonder how the market is going to react when the QR released within this month ?

Posted by ITCHYLEG > 2022-02-11 12:03 | Report Abuse

Today added another 200K Bplant CB @ 20.5c

Posted by ITCHYLEG > 2022-02-11 12:13 | Report Abuse

I predict the 4Q PAT will be more than 5.6c

Posted by Johnzhang > 2022-02-11 12:53 | Report Abuse

Possibly 3..5 to 5.0 sen final dividend? Hope our wish come true

Posted by kelvin61 > 2022-02-11 13:22 | Report Abuse

Though profits are outperforming many other businesses, the share prices in BPLANT, etc. are going up like a snail. This is due to the bunch of Donkey Anal-Lists giving ESG excuses to create a bearish perception on Plantation stocks. No wonder majority of clients following these Donkey Anal-Lists have been losing money most of the time. Nevertheless, the strong CPO prices will deliver record profits for the well managed plantation companies and shareholders should be well rewarded with handsome dividends and even bonus shares cheers.

Posted by Johnzhang > 2022-02-11 13:26 | Report Abuse

Research firms mostly 'positive' on plantation sector

11/02/2022 11:54 AM
KUALA LUMPUR, Feb 11 -- MIDF Research has maintained its ‘positive’ rating on the plantation sector, with a crude palm oil (CPO) target price of RM3,300 per tonne for 2022.

Maybank IBG Research also maintained its 'positive' call on the plantation sector, and expects February's exports figures to be encouraging despite the current record palm oil prices and lesser working days during the month following the long Chinese New Year holiday.

CGS-CIMB has placed a ‘neutral’ rating on the sector, and is keeping its 2023-2024 CPO forecasts unchanged at RM3,240 per tonne. However, it had raised its Malaysian CPO price forecast for 2022 by 14 per cent to RM4,100 per tonne from RM3,600 per tonne previously.
——————————————
These research houses are just too far behind the curve ! They are sleeping!

Posted by oldchinaman > 2022-02-11 14:05 | Report Abuse

If they were so spot-on they wouldn't be working for a few thousand riggits per month,They would have made their money and stayed quietly content