just wondering... how come price up... no body ask us to sell... price down a little... many asking us to run before too late. hehehehe today is a good day for bplant holders...
When price up they joined others to chase. When price down a little they were happy that someone is making losses while they themselves didn't hold any ticket.
plantationgameover shorted. He is pissing in his pants. Ask him come short sell at RM3 lok. But he die die come at RM1. See him die kiao kiao. Also pity him.
From land sales est gain of 0.1442/share, from operation est gain of 4.5 sen/ share, unless global market crash, it should not be cheaper than 1.40 as per today. It is still 30% under value.......... wonder why people so skeptical about bplant
lurker, i see a trending tht u talks rubbish early of each week and sober towards the end of the week. Hence, i shall rest my eyes for now, will only read ur comments after u sober...
Haha, I'm bplant share holder, I also hope management can pay high dividend but as management view is they will use the profit from land sold to reduce the debt and balance use for operation cost. Maybe got special dividend but would not too high. However, we can earn the margin from share price up.
US { Biden} extended the use of E15 { Biofuel } from June till September { Peak Summer } for ethanol blended bio fuel previously prohibited during the summer season. This was announced by Biden to lower the driving cost { fuel charges} corn farmers are the main beneficiary in the ethanol biofuel industry { indirectly driving additional demand for grains} this is positive for palm oil
Europe is likely to follow to allow blending of palm oil in diesel. Their trucks and industries have to function with the oil embargo Europe is placing on Russian Oil. No matter what the Greenies say about palm oil. Question is to what extend they are going to blend it to ? B10 , B20 or B30 ?. Thus affecting the Demand for Palm Oil. Crude oil ... even with "Release of Strategic Reserves of Oil " , the market are NOT expecting any significant impact. Now ... Summer is around the corner. And people there are going to "TRAVEL like MAD" . Demand of petrol,kerosene and diesel WILL increase. As what the Market is telling us now. Don't forget Air travel demand. Again CPO can be blended into Kerosene .
lost a lot already......especially at glove counter. now scare scare... only using balance fund carefully.... last time i very stup|d... always chase high....
RJ87
Then you are observe cardinal rules of investing. "Don't lose money" =D
If you buy May,2020. U take profit at Dec, 2021. You are rich.
Everything has it's cycle. Stock bubbles is like ponzi scam. U need to know if you are early bird or late comer. If you are late comer, then it's import for you to observe your TP/CL rule. If you are early bird bird. Just let it run. ------------------------------------------------------------- ImLearningFromSifu
lost a lot already......especially at glove counter. now scare scare... only using balance fund carefully.... last time i very stup|d... always chase high....
RJ87... im definitely a very late comer and has already paid to "learn"... :( wish i knew earlier.... its ok... damage done.. now recovering slowly... (hopefully) hehe thank you
Criteria to jump onboard was CPO breach RM3000. Bplant valuation around 1.5B to 1.7B. Land sale 2K hectare for 400M. Bplant has 91K hectare. Only need to sell another 8K hectare for 1.6B. Land banks alone worth more than it's market cap.
With this 2 combination, but downside risk is quite limited at 60-70sen. (Just in case u think I sinkalan, u can scroll all the way back to Nov and Dec to read the exchange between me and brianklc. I say RM1.20 easy. He say don't place your hope too high)
Now I have exit criteria already. But I will update you guys once I execute it.
For glove that time. TG RM26-27. Downside risk unlimited.
Newton's Law of Motion. Every action has reaction. Action that time for glove was ASP price shooting to the moon. The reaction was ALOT Dick, Tom and Harry jumping into glove manufacturing. 4-6 months to start glove manufacturing.
Now that covid is endemic, action is over. ASP price crumbling down. Reaction dominates and market flood with competition. What do you think will happen?
Same analogy for Plantation. Due to shortage, causing plantation price to soar. Reaction is Dick, Tom and Harry go plant palm oil and wait 3 years is it? Then you collect dividend for 3 years first. Plantation rally still in its first leg. At least collect your full year of dividend first.
Last time gloves goes to the moon because SC ban IDSS and RSS. Only thing market can do is buy. And only thing to buy then was glove. If SC do the same now. Don't be surprise to see bplant at RM3.
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....
Plato99
97 posts
Posted by Plato99 > 2022-04-11 09:20 | Report Abuse
RM1.2 soon. Join the pump session.