Posted by LossAversion > 2021-03-12 09:03 | Report Abuse

Up,up, up is the only way

Posted by lloydlim > 2021-03-12 09:59 | Report Abuse

Bplant announced four new appointments to its board today. Boustead Holdings Bhd deputy group managing director Izaddeen Daud is among the new board members. Izaddeen, as well as Boustead Holdings group finance director Fahmy Ismail and the group’s chief reinvention and strategy officer Ahmad Shahredzuan Mohd Shariff, have been named as non-independent non-executive directors of the plantation company. Meanwhile, Datuk Mustaffar Kamal Abdul Hamid has been appointed as an independent non-executive director.

Source: The Edge

Posted by brianklc > 2021-03-12 11:21 | Report Abuse

Today FCPO is up, possible try 4.3k today?

Posted by brianklc > 2021-03-12 12:16 | Report Abuse

Mar FCPO touches 4.3k!

Posted by brianklc > 2021-03-12 12:17 | Report Abuse

Let’s see if it can maintain at this level... hopefully even higher...

Posted by Mikecyc > 2021-03-12 12:27 |

Post removed.Why?

Posted by Mikecyc > 2021-03-12 12:31 |

Post removed.Why?

Posted by Mikecyc > 2021-03-12 12:44 |

Post removed.Why?

Posted by brianklc > 2021-03-12 13:08 | Report Abuse

Hahaha... rat....

Posted by brianklc > 2021-03-12 13:09 | Report Abuse

Where’s ur posting on spot CPO? I kind of missed ur postings...

Posted by brianklc > 2021-03-12 13:25 | Report Abuse

Don’t know tht bplant does navy also... all, pls read rat aka mikecyc postings thn u will know wht kind of rat he is... it speaks itself

Posted by brianklc > 2021-03-12 14:03 | Report Abuse

Just ignore

Posted by qinvestor > 2021-03-12 14:28 | Report Abuse

Mikecyc might be right, 3 important directors moving to BPLANT, I think is not just to digitalise on plantation, I think there might be more bigger reasons, which is good for BPLANT & investors & shareholders.

Posted by brianklc > 2021-03-12 14:49 | Report Abuse

Now with affin not doing well, bplant n pharma are important to bstead/LTAT

Posted by Jonathan Keung > 2021-03-12 17:15 | Report Abuse

Bplant is now their cash cow. CPO sales are on cash basis or payment after delivery. look at their cash flow

Posted by NorazmiAR > 2021-03-12 18:52 | Report Abuse

Whoever is still living cave, please come out and check the CPO chart below:

https://www.tradingview.com/symbols/MYX-FCPO1!/

ALL TIME HIGH!!!!!

Posted by Johnzhang > 2021-03-12 19:33 | Report Abuse

Norazmi, Many IBs or analysts are still in denial mode and keeping citing insignificant issues and propagate negative sentiment to dampen the sector's prospect. For example, they blow the $2 per ton in cess out of proportion in the media. What is $2 per ton over a price of $4,200 ????
Those analyst with the Investment banks are real nuts and they know nothing about this sector.

Posted by Plantermen > 2021-03-12 20:15 | Report Abuse

Without disrespect to any parties. Planter's or growers will not faced any issues of paying the $16 cess { an increase of $2 from $14} if the average CPO price maintains at an elevated price level of between $ 3,600 - $3,800. Cpo currently is trading at between $ 4,000 - 4,200 per tonne { vs last year average $2,700 - $2,300 per tonne.

Posted by Jjkcl > 2021-03-12 20:21 | Report Abuse

Looking good bplant

Posted by LossAversion > 2021-03-12 20:22 | Report Abuse

@Posted by Plantermen > Mar 12, 2021 8:15 PM | Report Abuse
Agreed. The cess structure has already put up with consultation amongst CPO producers. No big deal!!!

Posted by brianklc > 2021-03-12 20:24 | Report Abuse

Tht is their intention, actually if u look from positive perspective, if the price maintain at over 4k till year end, it would mean the CPO price exceeded expectations.. wait till after they done load in CPO stocks, their price forecast will be different... its matter of time...

Posted by Aurora13 > 2021-03-12 20:24 | Report Abuse

Don't forget, the current bant prrice has not taken into account the last QR which should be released soon... More upward room

Posted by Johnzhang > 2021-03-13 11:42 | Report Abuse

The IBs and analysts who are still predicting and average CPO price for 2021 at $2,700 are out of touch of the market. Let's do a reverse calculation. Average price for Q12021 will likely end up to be $3,900. In order to stay at $2,700 as average for full year 2021,. The average price for Q2,3,4 will be $2,300 . Is it reasonable to see a plunge of CPO from $4,200 to $2,300 amid very low inventory , production bottleneck , elevated Brent , strong biodiesel mandate in Indonesia etc?

Posted by Johnzhang > 2021-03-13 11:48 | Report Abuse

FCPO traded in Bursa for Apr to Dec 2021 is close to $4,300 (Apr) and $3,500 (Dec) . Are the anayst thinking the plantation CEOs are fools for not selling their future months harvest now with huge price gains? Do the analyst talk to the various leadership in the plantation industry to know the ground ? Or they just pluck numbers at the comfort in their office?

Posted by MuttsInvestor > 2021-03-13 12:13 | Report Abuse

Suspect that MANY Analysis in CPO trades HAD a STRONG Mindset that the CPO Rm4,000 RESISTANCE will NOT BE BREACH . Now ..."These Analysis/Etc " are scrambling to review the "New" Target Prices. Expect movement over the Next few Weeks. ......

Posted by Beltland > 2021-03-13 13:14 | Report Abuse

Simple logic lol , In fact IBS and analysts work for Investment funds and thus in order to make money they must buy cheap from the market and when they have collected enough shares then they will come out another story to push up the share price to attract the new buyers .By doing so ,they distribute their previous holding to the new buyers and therefore make money from the pricing differences . Frequently, this is the strategy practice by them to have proven very successful through out ! At the moment when it's known that CPO price above 4000 per ton and those Analysts not willing to update to the said new price but instead still stick to 2700 level is a solid proof that something fishy hidden behind . Guys,be patient,hold tight , wait for the quarterly report.

Posted by Johnzhang > 2021-03-13 13:36 | Report Abuse

Everyone wants to make big money. But some degree of professionalism , credibility and consciousness is necessary.

Posted by MuttsInvestor > 2021-03-13 13:53 | Report Abuse

"GREED ------ BASIC and BIGGEST FLAW ...... Of HUMANS " !!!!! ................. LoL .........

Posted by Beltland > 2021-03-13 14:51 | Report Abuse

Anyhow ,KLSE is on rotational playing , when comes to the turn of plantation sector, it's very sure this is one of the darling counter.So be alert !!!!

Posted by KAQ4468 > 2021-03-13 16:51 | Report Abuse

Pasti mariiiii

Posted by KAQ4468 > 2021-03-13 16:51 | Report Abuse

1.20

Posted by KAQ4468 > 2021-03-13 16:51 | Report Abuse

Peewiittttt

Posted by brianklc > 2021-03-13 21:26 | Report Abuse

1.20 it is

Posted by MuttsInvestor > 2021-03-13 23:41 | Report Abuse

"GREED ------ BASIC and BIGGEST FLAW ...... Of HUMANS " !!!!!

Posted by Davidl > 2021-03-14 21:16 | Report Abuse

Time to accumulate!

Posted by Plantermen > 2021-03-15 08:20 | Report Abuse

Waiting for interim dividend announcement. More upside for BPlant if company declared favourable dividend

Posted by Bleh > 2021-03-15 11:08 | Report Abuse

really sleeping counter. Malaysia too little investors

Posted by brianklc > 2021-03-15 12:10 | Report Abuse

Not sleeping, look at the queue to sell... sigh! Blocks after blocks after blocks...

Posted by Davidl > 2021-03-15 13:11 | Report Abuse

Sure declare dividend upon releasing QR.

Posted by Bleh > 2021-03-15 13:53 | Report Abuse

CPO over 4.1k

Posted by Parksonguy > 2021-03-15 14:43 | Report Abuse

If cpo continue 1momth 4.1 sure up gaogao

Posted by brianklc > 2021-03-15 17:31 | Report Abuse

ilmukhodam, Feb only got 28 days, Jan got 31 days. If u divide 28x31, u will get 61.1k. Don’t forget CNY falls on Feb too...

Posted by brianklc > 2021-03-15 17:40 | Report Abuse

And low production is also a factor that drove higher cpo

Posted by brianklc > 2021-03-15 21:29 | Report Abuse

Don’t worry, it spike up, not just bcoz of 31 days but also production per day...

Posted by johoran > 2021-03-15 23:34 | Report Abuse

0.70 coming soon

Posted by Yippy68 > 2021-03-16 01:52 | Report Abuse

sell bplant to IOI, KLK, to any CCC, price will be 1.20 at least or even 2.00, what is CCC?

Posted by Jonathan Keung > 2021-03-16 07:51 | Report Abuse

Valuable & strategic land bank. Bplant can reap hugh profit if they sell the estate land

Posted by pineapple > 2021-03-16 09:46 | Report Abuse

any target release date on earnings ?

Posted by Aurora13 > 2021-03-16 10:03 | Report Abuse

Going 62 today, climbing up slow and steady

Posted by Albukhary > 2021-03-16 17:26 | Report Abuse

BPLANT, time to wake up lo