Post Reply
4761-4780 of 6778
Wilmar SAD ?
CONFUSED sUgar with PaLM ?
nOt cOnfident in own business ?
bUy here bUy there ?
bUy thIs bUy THaT ?
hIgh debT nO CaSH ?
zhixuen ( Date: 13-Aug-2010 10:57) Posted:
|
Oh, it's good timing to go out!
noonelikeme ( Date: 13-Aug-2010 12:51) Posted:
|
updates from Todays paper
Golden Agri
Hold
Phillip Securities downgrades from Buy and cuts the target price to 61 cents from 66 cents after revising earnings estimate downwards for FY '10. The house lowers the estimates of fresh fruit bunch and crude palm oil yields to 22.4 tonne/ha and 5.15 tonne/ha versus 23.1 tonne/ha and 5.35 tonne/ha, respectively, for FY '10.
0.85 good timing to go in ?
Golden is most outstanding among others palm oil stock.
Kencana Argi - Result bad
Indo Agri - bad
Golden - Flat.
Update:
Wilmar misses Q2 profit forecast, eyes sugar expansion
Wilmar Q2 net down 15%, misses forecast
Good la... I dare not to add y'day.
Sept11 ( Date: 13-Aug-2010 10:28) Posted:
|
Yesterday able to accumulate another 50 lots @ 0.565. My broker ask me not to sell again....
金光农业资源 半年净利增143%
金光农业资源(Golden Agri-Resources)半年净利上升143%至1亿5457万元(美元，下同)。集团营收增加38％到13亿5075万元，税前盈利增加148%到2亿1456万元。每股盈利为1.27美分，净资产值46美分。
集团在上半年可取得如此骄人的业绩主要是由印尼农产品业务取得较高总盈利所带动、而这也是因为这段期间国际油棕价格走高，以致平均销售价格得以上升。
展望未来，集团将优先控制成本，并着重于促进各种油棕产品的销售成长，以及通过收购中国食品业务，扩大当地的分销渠道。
至于油棕业的展望，集团预期将保持稳定，毕竟基本面继续强劲。油棕的需求将在食油和油脂化学(oleochemical)市场的核心需求支持下，应该能继续增长。
Thanks for the update.
BMD Crude Palm Oil (CPO) Futures Up Midday; Bulls May Test MYR2,736
So people buy/sell share based on analyst recommendation? Recently GAR price hammered down quite a lot. I see it is a opportunity to buy....
Shares of Singapore-listed Indonesian palm oil firm Golden Agri-Resources fell as much as 1.8% to over a two-week low today after brokers cut their target prices because of a more cautious second half outlook.
At around 11:11 a.m., Golden Agri’s shares were down at $0.565. Over 15.3 million shares had changed hands.
Phillip Securities downgraded the stock to “hold” from “buy”, while OCBC lowered its target price for the firm to S$0.655, because its palm oil plantations may be affected by adverse weather conditions and stricter environmental regulation.
Golden Agri reported on Wednesday its net profit for the April-June period rose 20% to US$66 million ($90 million) from US$55 million a year earlier.
Q2 EPS is 0.0055
1H EPS is 0.0176
I believe on Q3 the EPS will improve due to CPO price has significant increased from July to Oct due to low out and Hari Raya.
Whole should be 0.045 which the PE should be around 13.
alooloo ( Date: 11-Aug-2010 16:49) Posted:
|
I believe the main reason for today's drop is due to the global markets falling. Support seems to be at 56.5 cents. If can maintain at this level, quite likely there will be more upside in near term. I see more buyers. BBMMs excluded.
I think the greenpeace news development is more important now. As of now, there is no concrete conclusion from the report, and both sides are claiming that they are right.
Palm Oil Firm Rebuts Greenpeace Claim which says:
An independent verification report showed that the Greenpeace claims were exaggerated and "was wrong in much of its campaign," Daud Dharsono, president director at PT Smart said. "The allegations made were unfounded and Smart is not responsible for deforestation and destruction of orangutan habitat as had been claimed."
...
"We've repeatedly shown that Sinar Mas says one thing and does another. They destroy peatland and call it water management. They clear rainforests and say that they're developing degraded land. Instead of acting on our findings, which conclusively prove Sinar Mas destroys rainforests and peatlands, they are trying to greenwash their image," said Bustar Maitar, Southeast Asia Forest Team Leader for Greenpeace. "The Sinar Mas spin is a poor attempt at brand protection that does nothing to challenge Greenpeace's findings," he added.
...
Unilever, which purchases 47,000 tons of palm oil from Smart annually, said in a statement that "while the verification reports represent a good start, they are not sufficient in themselves for us to resume business with Smart. We want our suppliers to really work with us towards attaining 100% sustainable palm oil by 2015."
A company spokesperson at Nestle didn't respond to comments on Smart's verification reports.
can go in or not? or wait 0.49 again?
if calculate EPS, Q2 is only 0.005 per share, pretty weak for a big company in this glory first half....
if full year like this... gone case, P/E hitting 20+ or 30 for FY2010...
Greenpeace is now in upper hand. Many global coy had stopped to buy CPO fr GAR, thats attributed to the fear of most investors, AK guesses. Today Zaobao mentioned.
correction time ?
wow... dipped to 0.565 already...