Posted by stockraider > 2022-05-20 09:04 | Report Abuse

The sustainable price for cpo should be Rm 4000 to Rm 4500, even if it is Rm 4000, it is already a historical record high mah!

Of course 2022 is exceptional....its yr record high todate is above rm 8,000 mah!

The plantation valuation is modest....using cpo price of Rm 4000 despite now still above rm 6000 loh.....!

Thus alot of value in plantation stock mah!

Posted by onlyinvestment > 2022-05-20 12:06 | Report Abuse

Haven yet buy need wait QR announce, buy already also need wait QR announce, at this moment, don't do any buy or sell before earnings clear. Many people said cpo high, plantation should announce big big profit. But why share price can't up??? You need think this question carefully before you enter.

Posted by stockraider > 2022-05-20 12:34 | Report Abuse

Good vibes loh!

Despite indo lift export ban which mean cpo price will fall......but the cpo price still shoot up mah!

Posted by ImLearningFromSifu > 2022-05-20 12:40 | Report Abuse

hehe.... cpo shoot up ka... falling down ka.... i will hold 1 year for dividend.

Posted by ImLearningFromSifu > 2022-05-20 12:42 | Report Abuse

today mostly all plantation stocks are green except simeplt...

Posted by brianklc > 2022-05-20 13:41 | Report Abuse

Simeplt announced good results

Posted by Johnzhang > 2022-05-20 14:08 | Report Abuse

Simeplt realized CPO price for Malaysia segment is only $4,122 which is only marginally higher yoy . This is the result of too much forward sales and poor foresight ! That explain simeplt’s low profit increase yoy.
Avg Spot month CPO price for Q1 is about $6,000. Most small and mid cap plantations will achieved realized price close to $5,800-6,000 and be able to report double to triple jump in yoy profit . So stay with the small and mid cap plantations.

Posted by Plantermen > 2022-05-20 14:19 | Report Abuse

Sime marketing have a policy to lock in 50% of thier estimate production between 3 - 6mths whenever the CPO price exceed 3,000 +. This transfer pricing policy is betw Sime estates and their downstream refinery operations

Posted by ImLearningFromSifu > 2022-05-20 14:41 | Report Abuse

wah..... i see bright light ahead..... hehehe
good luck guys...

Posted by OnTime > 2022-05-20 14:45 | Report Abuse

rising tide lifts all boats

Posted by D197btg > 2022-05-20 15:35 | Report Abuse

@Planterman, you have deep analysis on plantation, what is your estimated div this round for Bplant?

Posted by Diamond7 > 2022-05-21 13:26 | Report Abuse

My guess....
5 to 7 cents!

Posted by RJ87 > 2022-05-21 15:42 | Report Abuse

Then it’s obvious Diamond is baselining based on all small to mid cap plantation without knowing bplant very well…

Posted by onlyinvestment > 2022-05-21 17:52 | Report Abuse

I guess no dividend otherwise LTAT would no selling huge huge bundle bplant share.... Just guessing, maybe I wrong, next week answer will come out

Posted by OnTime > 2022-05-21 19:42 | Report Abuse

expect a special dividend

Posted by FlyingEagle > 2022-05-21 20:43 | Report Abuse

Dividend 吃到饱 counter

Posted by calvintaneng > 2022-05-21 20:52 |

Post removed.Why?

Posted by dragon328 > 2022-05-22 10:33 | Report Abuse

concur with you that local IBs are blind-eyed with half of them forecasting average CPO prices of RM4,000-4,200 per tonne for 2022

Posted by dragon328 > 2022-05-22 10:34 | Report Abuse

CPO prices on Friday did not drop buy went up even after Indonesia lifted export ban, a strong indication that the world edible oil supply is extremely tight

Posted by dragon328 > 2022-05-22 10:37 | Report Abuse

With Ukraine missing out on this spring seeding season for sunflower oil, the edible oil supply will be tight at least until next year end. That will only be good if Ukraine manages to plant sunflowers next spring, if not then xeee liao loh

Posted by stockraider > 2022-05-22 12:13 | Report Abuse

Sure mah!

If they are not able to tanam....surely palmoil price will be up up & up mah!

Posted by Aurora13 > 2022-05-22 22:32 | Report Abuse

Limit Down tomorrow plantation stocks

Posted by brianklc > 2022-05-22 22:59 | Report Abuse

Wow, sapura gang is here… congrats bplant…

Posted by calvintaneng > 2022-05-22 23:11 |

Post removed.Why?

Posted by brianklc > 2022-05-23 09:14 | Report Abuse

Today results announcement?

Posted by ImLearningFromSifu > 2022-05-23 10:57 | Report Abuse

morning bros....
tak tau wor...

Posted by ImLearningFromSifu > 2022-05-23 15:22 | Report Abuse

#sukasukaupsukasukadown

Posted by Asia88 > 2022-05-23 17:55 | Report Abuse

7.3 sen only. Company use dividend to lower down their borrowing.

Posted by brianklc > 2022-05-23 18:02 | Report Abuse

Q1 normalised PAT of 112m is great

Posted by HuatHuat188 > 2022-05-23 18:07 | Report Abuse

qtr too good why share price no up....stuck at high floor....

Posted by keng88 > 2022-05-23 18:08 | Report Abuse

Very good QR apa u mau lagi wakakaka.....

Posted by StartOfTheBull > 2022-05-23 18:22 | Report Abuse

Congrats.

Posted by sethoylo > 2022-05-23 18:30 | Report Abuse

7.3cents cantik

Posted by HuatHuat188 > 2022-05-23 18:34 | Report Abuse

qtr good what use....share price need up only good

Posted by calvintaneng > 2022-05-23 18:40 | Report Abuse

Excellent 7.3 sen dividend !!

Posted by brianklc > 2022-05-23 19:07 | Report Abuse

What logic is this? If results no good how share price go up?


HuatHuat188
qtr good what use....share price need up only good

Posted by greenland > 2022-05-23 19:08 | Report Abuse

Keep it.. dont be impatient. I sold my glove counters because tge prices did not move after record profits in August 2020.. only to see them fly in Nov 2020

Posted by Silemak > 2022-05-23 19:21 | Report Abuse

First interim 7.3 . At 1.00 is 7.3%. And more to come. Bplant is one of the highest div counter in bursa.
And with less borrowing future profit will be more and expect better div.

Posted by solidwhitebush > 2022-05-23 19:51 | Report Abuse

Extraordinary QR! With dividend

Posted by StartOfTheBull > 2022-05-23 21:08 | Report Abuse

@HuatHuat188
These days Bursa has a lot of contra players. You see today gloves counters rally you will know what I meant.
For the price of 101c you get 7.3c returns (dividend) in less than a month this is definitely a steal.

Posted by ImLearningFromSifu > 2022-05-23 21:16 | Report Abuse

Lai lai… lets bet…
See tomorrow price up or down!
Wondering why ppl keep selling these few days until 1.00
Time to grab some tomorrow…

Posted by StartOfTheBull > 2022-05-23 21:17 | Report Abuse

If you move the screen up you can see most of the old names have gone which means very likely they have sold it earlier and left.

Posted by Johnzhang > 2022-05-23 21:19 | Report Abuse

All my small cap and mid cap plantations show excellent Q1 2022 results :
SOP EPS 34.09sen (+146% yoy)
Bplant EPS 19.43 sen (+353% yoy for operations)
Taann EPS 23.75 sen (+155% yoy)
Swkpltn EPS 15.52 sen (+82% yoy)
MHC EPS 5.8sen (+67% yoy)
Cepat EPS 4.93sen (+172% yoy)

They put the big boys to shame !
UP EPS 14.39sen (- 20% yoy)
Simepltn EPS 10.4sen (+27% yoy)
IOI EPS 6.62sen (+3% yoy)

Stay invested in small and mid cap plantation counters. The best yet to come.

Posted by ImLearningFromSifu > 2022-05-23 21:23 | Report Abuse

Gameover mana sudah pi? hahahaha
Lai lai… u tell me tomorrow up or down? Hehehe

Posted by stockpicker888 > 2022-05-23 21:42 | Report Abuse

Reading the QR, Isn’t the huge jump in profit due to disposal of plantation assets at 364 million? If we minus this, the result could be flattish or slightly -ve, which is an expected quarter, inline with most companies. Nevertheless, this is still a potential counter, but buyer have to realise the reason of the high profit and dividend.

Posted by calvintaneng > 2022-05-23 21:59 |

Post removed.Why?

Posted by Johnzhang > 2022-05-23 22:03 | Report Abuse

@stockpicker888, stripping the gain on land disposal, operating earning is 353% higher YOY.

Posted by stockpicker888 > 19 minutes ago | Report Abuse

Reading the QR, Isn’t the huge jump in profit due to disposal of plantation assets at 364 million? If we minus this, the result could be flattish or slightly -ve, which is an expected quarter, inline with most companies. Nevertheless, this is still a potential counter, but buyer have to realise the reason of the high profit and dividend.

Posted by brianklc > 2022-05-23 22:10 | Report Abuse

888, u know how to read the quarter announcement? PAT 436m (pg.2)- gain from disposal 364m (pg.2)+ RPGT 39m (pg.12)=111m so if u compare 111m vs Q421 or Q121, does it looks to u flattish or negative to u?

Posted by brianklc > 2022-05-23 22:10 | Report Abuse

The RPGT component of the gain from disposal is part of 71m taxation. Aiyoh…

Posted by brianklc > 2022-05-23 22:12 | Report Abuse

No wonder market is suka suka up, suka suka down, coz market is not efficient… even whn info are readily available, ppl can interpret in all sorts of story