Posted by NorazmiAR > 2021-02-18 09:04 | Report Abuse

KLK plantation segment's last quarter profit surged 83.3% to RM288.9 million!!! This is preview to the result of BPlant last quarter. Brace yourself for jump in share price

Posted by Plantermen > 2021-02-18 10:28 | Report Abuse

Yesterday March FCPO break $4000+

Posted by lloydlim > 2021-02-18 11:05 | Report Abuse

I foresee fcpo uptrend towards 4200.

Posted by Beltland > 2021-02-18 12:09 | Report Abuse

Warming up, hold tight ,engine get ready to kick start.

Posted by NorazmiAR > 2021-02-18 12:53 | Report Abuse

To give better perspective in terms of how much potential BPlant profit will be when they announce next week:

KLK - FRESH FRUITS BUNCHES
Jul-20 Aug-20 Sep-20 Total Quarter
336596 345900 364039 1,046,535

Oct-20 Nov-20 Dec-20 Total Quarter
328958 334294 310,492 973,744 (7% drop)

BPLANT - FRESH FRUITS BUNCHES
Jul-20 Aug-20 Sep-20 Total Quarter
89,117 89,318 95,188 273,624

Oct-20 Nov-20 Dec-20 Total Quarter
93,334 81,866 72,491 247,693 (10% drop)

Based on above:
KLK 4th quarter FFB drop 7% but profit surged 83.3% to RM288.9 million
BPLANT 4th quarter FFB drop 10% but profit will be surged xx% to RMxxx million (take your wild guess but logically will be minimum 50%)

Posted by NorazmiAR > 2021-02-18 12:56 | Report Abuse

For those who are still on the fence and don't want to miss the boat to profit, just look at data above and most importantly current high CPO price from Jan 2021 until today which is at 10 year high. (almost 2 months into 1st quarter 2021)

Posted by Johnzhang > 2021-02-18 13:13 | Report Abuse

Current CPO bull is still at the early phase is expected to last for another 24-36 months . Plantation counters are very much lag behind this development as investors are not convinced without seeing a couple qtrs of good profit. The IBs are not convinced too as they are still talking about average CPO of $2,500-2,700/-! To me, the IBs are very ignorant about CPO prospect. The IBs have their own agenda !

Posted by NorazmiAR > 2021-02-18 19:35 | Report Abuse

https://www.theedgemarkets.com/article/sime-darby-plantation-back-black-4q-higher-commodity-prices-declares-542-sen-dividend

KUALA LUMPUR (Feb 18): Sime Darby Plantation Bhd swung back into the black for the fourth quarter ended Dec 31, 2020 (4QFY20), posting a net profit of RM149 million, from a net loss of RM58 million in the corresponding quarter last year.

It also ended FY20 in the black, registering a full-year net profit of RM1.19 billion, from a net loss of RM200 million a year prior. Full-year revenue was up 8% at RM13.08 billion, from RM12.06 billion in FY19.

In a bourse filing, the planter said the higher net profit in 4QFY20 was on account of higher crude palm oil (CPO) and palm kernel (PK) prices, as well as higher fresh fruit bunch (FFB) output. Furthermore, its downstream unit saw better earnings following better performances from its Asia-Pacific and European operations.

The planter declared final single-tier dividend of 5.42 sen per share for FY20, bringing the total dividend for the year to 9.44 sen. In FY19, the planter declared a one sen dividend.

Earnings per share (EPS) for the quarter stood at 2.2 sen, from a loss per share (LPS) 0.9 sen in 4QFY19. For FY20, EPS stood at 17.2 sen, from a LPS of 2.9 sen in FY19.

Quarterly revenue increased by 8% year-on-year (y-o-y) to RM3.64 billion from RM3.38 billion.

FFB production increased 2% y-o-y to 2.3 million tonnes in 4QFY20 from 2.26 million tonnes. The average CPO price for the quarter was up 19% to RM2,664 per metric tonne, from RM2,239 per metric tonne a year prior. PK prices were up 42% y-o-y at RM1,673 a tonne from RM1,176 a tonne. That being said, its CPO oil extraction rate was down at 21.35%, from 21.84% in 4QFY19.

Breaking down its results, the group noted that its upstream segment saw a profit before interest and tax (PBIT) of RM351 million from a loss before interest and tax (LBIT) of RM10 million in 4QFY19 following higher commodity prices and unrealised foreign currency gains due to the appreciation of ringgit and rupiah against US dollar.

Meanwhile, the downstream segment’s PBIT tripled to RM202 million from RM72 million a year prior due to stronger performances from its Asia-Pacific and European operations.

Sime Darby Plantation explained that the Asia-Pacific region benefited from the market price uptrend and premium from higher sales volume of Roundtable of Sustainable Palm Oil (RSPO) products which compensated for lower demand for bulk products.

Its refineries in Europe recorded improved sales margins due to higher selling prices and more stringent cost controls measures which compensated for the lower demand from restrictions placed by governments to contain Covid-19.

Both regions also registered fair value gains on commodity hedges as compared to significant fair value losses incurred in the same quarter last year.

In a separate statement, Sime Darby Plantation chairman Tan Sri Megat Najmuddin Megat Khas said the higher palm oil prices were a blessing for all industry players in what had been one of the most challenging years in recent history for the global economy.

“Sime Darby Plantation is encouraged with its overall significantly better financial performance in 2020 and the group is hopeful that it will be able to carry this through in the current financial year.

Posted by NorazmiAR > 2021-02-18 19:38 | Report Abuse

From nett loss RM58 million to net profit of RM149 million!!! SIME Darby also said the higher net profit in 4QFY20 was on account of higher crude palm oil (CPO) and palm kernel (PK) prices, as well as higher fresh fruit bunch (FFB) output.

How about BPlant, together will huat next week?

Posted by johoran > 2021-02-18 23:01 | Report Abuse

huatla

Posted by Yippy68 > 2021-02-19 02:33 | Report Abuse

hopefully

Posted by lloydlim > 2021-02-19 20:00 | Report Abuse

Time to accumulate!

Posted by KAQ4468 > 2021-02-21 18:33 | Report Abuse

Pasti mariiiiii

Posted by johoran > 2021-02-23 20:17 | Report Abuse

FCPO 3676 up 3.72%
Spot price 4007

Posted by johoran > 2021-02-23 20:17 | Report Abuse

Bplant soon 0.70

Posted by Plantermen > 2021-02-24 08:26 | Report Abuse

Keeping fingers cross. SBO hitting daily new high 48 - 49 cents { SBO and CPO Rotterdam price spread at USD 270 - 280 per tonne}

Posted by NorazmiAR > 2021-02-24 08:43 | Report Abuse

https://www.theedgemarkets.com/article/ioi-corp-posts-66-jump-4q-net-p...

IOI Corp Bhd* posted a 66% increase in its net profit to RM355.7 million for the second quarter ended Dec 31, 2020 from RM213.5 million in the previous year’s corresponding quarter, benefiting from high crude palm oil (CPO) and palm kernel (PK) prices. Quarterly revenue grew 25% to RM2.45 billion from RM1.96 billion a year earlier. The group announced an interim single tier dividend of 4.5 sen per share. For the cumulative six-month period, IOI Corp said its net profit jumped 75% to RM633.6 million from RM362.5 million in the previous year, while revenue increased 32% to RM4.93 billion from RM3.73 billion.

Posted by NorazmiAR > 2021-02-24 08:44 | Report Abuse

Another Palm Oil company declaring higher net profit benefiting from high crude palm oil (CPO) and palm kernel (PK) price.

https://www.bloomberg.com/news/articles/2021-02-10/j-p-morgan-sees-com...

Supercycle for commodities shaping up to be in gear with more countries opening up after COVID-19 vaccination.

Posted by NorazmiAR > 2021-02-24 08:44 | Report Abuse

BPlant share price still stuck low price which are comparable to low range of palm oil price RM2000 - RM2300.

http://bepi.mpob.gov.my/admin2/price_local_daily_view_cpo_msia.php?mor...

Since last Oct 2020 until Feb 2021, CPO price has been averaging above RM3300. This trend expected to continue with the current commodities supercycle that might be sustained for 2 - 3 years

Posted by NorazmiAR > 2021-02-24 08:44 | Report Abuse

Those who don't want to miss this once in every 30 years opportunity, better take your position in right now!!!

"The global economy tends to experience short-term cycles, such as when the economy fluctuates between weak declines and strong growth, forming an cyclic pattern.

Commodity prices are affected by economic growth, and the movement of prices form cycles as well. In the next 1 or 2 years, a new cycle is expected."

Posted by Jonathan Keung > 2021-02-24 11:17 | Report Abuse

Problem lies with Bplant never play up by IBs , funds or sharks

Posted by johoran > 2021-02-24 11:23 | Report Abuse

CPO keep up up soon break high... Bplant 1.00 soon

Posted by Letsfly > 2021-02-24 15:36 | Report Abuse

i think bplant now planting rice...

Posted by johoran > 2021-02-24 17:36 | Report Abuse

HSPLANT PROFIT GOOD

Posted by johoran > 2021-02-24 17:38 | Report Abuse

Div 5.5 cents

Posted by Aurora13 > 2021-02-24 18:37 | Report Abuse

Wow hsplant profit doubled. Hope bplant can achieve the same or even more

Posted by johoran > 2021-02-24 20:25 | Report Abuse

Buy before late

Posted by Albukhary > 2021-02-25 01:32 | Report Abuse

Looking forward for PAT RM30mil.
Share price should hit RM0.75 within 2 week.

Posted by brianklc > 2021-02-25 10:52 | Report Abuse

It’s going to be way more thn 30m

Posted by bbuy > 2021-02-25 11:05 | Report Abuse

low production, with tax, high price, I think will be around the same with last quarter

Posted by johoran > 2021-02-25 11:38 | Report Abuse

cpo up again

Posted by brianklc > 2021-02-25 13:03 | Report Abuse

b buy, did u check their production announcement before commenting? I m sure u did not

Posted by brianklc > 2021-02-25 13:13 | Report Abuse

So go n study their Q vs Q production. And btw, production increase will not increase profit margin, sales price will, something which u need to think abt.

Posted by qinvestor > 2021-02-25 13:45 | Report Abuse

I feel the key thing to watch is can they improve their production in the coming year. Production increase will impact on the Revenue thus the profits, price won't always be this high.

Posted by johoran > 2021-02-25 14:05 | Report Abuse

Cpo 4011

Posted by bbuy > 2021-02-25 14:16 | Report Abuse

July 101,309.02 RM 2,519.00
August 89,117.83 RM 2,815.00
September 95,188.38 RM 2,924.00

October 93,334.87 RM 2,979.50
November 81,866.84 RM 3,422.00
December 72,491.43 RM 3,620.50

Higher price ,with lower production profit should be higher if we base on this but do not need be too optimistic or else you will get surprises (good/bad) with this type of company.

@qinvestor correct they need to work on their production in coming years, they still need to fix their internal issues like bad management, stolen fruits, undercounter, and stuffs.

Posted by firehawk > 2021-02-25 15:10 | Report Abuse

while accused others didn't check before commenting, i doubt the one throwing the accusation check the data himself?

Posted by johoran > 2021-02-25 16:18 | Report Abuse

cpo break 4040 soon.last time cpo 4040 bplant 0.68

Posted by johoran > 2021-02-25 16:18 | Report Abuse

huatla

Posted by johoran > 2021-02-25 16:24 | Report Abuse

if QR profit ada 18m already good

Posted by Letsfly > 2021-02-25 17:34 | Report Abuse

hari ini takda keluar pun QR...

Posted by brianklc > 2021-02-25 17:58 | Report Abuse

I do check, just tht I want bbuy to check too, it’s so obvious production delta is negligible. By commenting flat profit, it shows no proper homework.

Posted by brianklc > 2021-02-25 18:09 | Report Abuse

Burden of prove is not with me, I m not the one come out with the comment on flat profit

Posted by bbuy > 2021-02-25 18:25 | Report Abuse

@firehawk forgive him man, maybe he has thrown his entire life savings into this share, a simple posting like that also will trigger him lol

Posted by brianklc > 2021-02-25 18:33 | Report Abuse

No, just felt ur comment very dumb, thts all

Posted by izoklse > 2021-02-25 18:43 | Report Abuse

This is for newbies. When you investing in palm oil stock. listen to the video at 1:24:22 https://www.youtube.com/watch?v=OcNCDEn7MmU

Its going to tell you why price not going up so much.

Posted by brianklc > 2021-02-25 19:14 | Report Abuse

Thanks, very informative

Posted by lau9639 > 2021-02-25 22:31 | Report Abuse

Most probably tomorrow last quarter results will be announced. Expect good results

Posted by power88 > 2021-02-25 23:39 | Report Abuse

Soon back to 0.6 level,CPO 4100 soon

Posted by Letsfly > 2021-02-25 23:39 | Report Abuse

Thanks, very informative @izoklse, but he failed to mention that tax of palm oil is maxed out at 8.5%. Palm oil has since risen 100% from 2k to 4k. Anyways, 100% - 8.5%= 91.5% gain in profits is not high enough for him i guess.