Connemara & Balau Estate in Bangi { next to Planters Haven} beside the Highway is under BPlant too. Part of Nottingham University is sitting on the land
rise too much today, need to take a rest. Need to do some price correction first. Frankly speaking, my average price was 1.077 and was trapped by this counter for many years ago. bplant won't just stop at RM1.00. Target price may reach to above RM1.50. Last time bplant was reached to RM1.60+ highest record.
Never trust those Jokers { Bplant 3Q net profit increased & jump 5 fold } . ..to S96 million. Those " tin kosong " still pegged Bplant price at 1.03. theirl CPO price assumption at 3,400 - 3,600
Coming 4th interim dividend paid out is 0.04 sen { Board may surprised the market with an additional unexpected special dividend announcement} for BPlant shareholders
Do you guys notice that the 4th interim is going ex on 10/3 ! The management is very quick. Ya, don't rule out special dividend in view of expected robust Q1 2022 results and 15sen/share capital gain from Kulai estate land which is already in pocket. More asset monetisation to come in 2022.
The only drawback ar IBS not putting weights on BPl. Target Price .we dont see IBs moves in tandem with BPS growth n profits albeit ,riding TP only 1.03 by Maybnk.can it moves beyond 1.03?
Agree with the above comments in regards to special dividend as elections is coming next yr… just observe bplant movement before the previous election…
Maybank issued SCW. Tiger also pee in his pants if he put TP RM2
—————————— Abba84 The only drawback ar IBS not putting weights on BPl. Target Price .we dont see IBs moves in tandem with BPS growth n profits albeit ,riding TP only 1.03 by Maybnk.can it moves beyond 1.03?
Without disrespect to any planter's sifu. When CPO prices surging past $ 4,000 per tonne in late Dec 2020 { FCPO } last 2 years. no experienced planter's worth its salt will cut down the tress and embark on a replanting program. Immature palms take app 30-36 months for the trees to bear fruits. Apart from the tree replanting. You need to have the nursery set up and the trees clone order from the breeder. Plus the soils rejunevated. If not done properly and if the wood chips not removed { ganderma rot may set in } the young immature palms need to be culled { a costly & time consuming affair } if under planting. certain estates management prefer to forgo under planting technique and go for the big hole technique. All this need a prolong time frame for the replanting exercise . With prices now at 6,400 per tonne { every tree stand is needed} MPOB asked to replant with the hybrid variety but at this price level. Every single tree is valuable & profitable. 30 years old so what it's bearing fruits
No disrespect. 2018-2019, bplant bought new estate and found out the tree were old. They already engaged in replanting with new breed 3 years ago. It's just beginning to bear fruit before peaking in next 2 years.
========================================== Plantermen Without disrespect to any planter's sifu. When CPO prices surging past $ 4,000 per tonne in late Dec 2020 { FCPO } last 2 years. no experienced planter's worth its salt will cut down the tress and embark on a replanting program. Immature palms take app 30-36 months for the trees to bear fruits. Apart from the tree replanting. You need to have the nursery set up and the trees clone order from the breeder. Plus the soils rejunevated. If not done properly and if the wood chips not removed { ganderma rot may set in } the young immature palms need to be culled { a costly & time consuming affair } if under planting. certain estates management prefer to forgo under planting technique and go for the big hole technique. All this need a prolong time frame for the replanting exercise . With prices now at 6,400 per tonne { every tree stand is needed} MPOB asked to replant with the hybrid variety but at this price level. Every single tree is valuable & profitable. 30 years old so what it's bearing fruits
labour shortage may cause 5% production loss. But 5% CPO supply shortage amid already very tight inventory level can cause 30% price surge. The consumers end up paying a lot more for labour shortage problem, not the plantations. Hahahaha.....
Labour shortages may delay harvesting & longer rounds. workers will be redeploy from pruning , mainteance { pest control} or general workers to cope up with the estate harvesting work. Fruits quality indirectly may be affected { higher FFA}. In addition contract workers { sub contractors} will be employ and directed to help out at specific localities. Sub contractor have the means to bring in the extra workers if the price is right. Only the taller palms will be delayed. FFB is the golden crop
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Plantermen
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Posted by Plantermen > 2022-02-22 15:03 | Report Abuse
Connemara & Balau Estate in Bangi { next to Planters Haven} beside the Highway is under BPlant too. Part of Nottingham University is sitting on the land