Post Reply
6701-6720 of 6778
I have some analysis which could be a good indication of the value of Golden Agric with respect to the CPO :
Average CPO for 2007 = USD 775/ton
If CPO hit MYR 3000, using exchange rate 1 MYR = 0.3133 USD, this would be USD 939.9/ton
This is an increase of 21% over 2007 average CPO.
Earning per share in 2007 : USD 0.24
If we assumed that Net profit margin remains the same as 2007, then earning per share with CPO at MYR 3000 will be 21% higher than 2007, and that is USD0.29 --> using exchange rate 1USD = SGD 1.383, it will be SGD 0.40.
Trading at $0.85 per share means that the trading price is just about 2X of its EPS.
Even if EPS remains at USD 0.24 (~SGD0.33), the current trading price is less than 3X of its EPS.
Isn't such low ratio very attractive?
Kindly let me know if there is any flaw in my analysis. Thank you.
yes vested soon...if price is right....monioring v. closely now :P
hmmm.... wat is cooking over the counter???? really dunno how to put in words liao... all palm oil counters are up except this.... nicky.. still vested??
how to cheers with this type of performance at 0.85??
hee..this burger has caught my interest...nah...not SHORTING interest....CONTRA interest...hee
looks like CPO is on the rebound end liao siah :P
cheers !! hee...
| FKLI |
APR 2008 |
1224.00 |
1234.00 |
1210.00 |
1218.50 |
1219.00 |
1218.50 |
1222.00 |
-3.50 |
37272 |
3285 |
| FKLI |
MAY 2008 |
1218.00 |
1225.00 |
1205.00 |
1210.00 |
1211.00 |
1211.00 |
1215.50 |
-4.50 |
229 |
76 |
| FKLI |
JUN 2008 |
1213.00 |
1216.00 |
1205.00 |
1203.50 |
1204.50 |
1207.00 |
1207.50 |
-0.50 |
189 |
37 |
| FKLI |
SEP 2008 |
1184.50 |
1185.00 |
1184.50 |
1181.00 |
1183.00 |
1185.00 |
1186.00 |
-1.00 |
30 |
2 |
| FCPO |
APR 2008 |
3244.00 |
3244.00 |
3230.00 |
3050.00 |
3240.00 |
3230.00 |
3190.00 |
40.00 |
468 |
13 |
| FCPO |
MAY 2008 |
3270.00 |
3310.00 |
3270.00 |
3250.00 |
3258.00 |
3270.00 |
3170.00 |
100.00 |
10600 |
346 |
| FCPO |
JUN 2008 |
3260.00 |
3311.00 |
3244.00 |
3252.00 |
3259.00 |
3253.00 |
3170.00 |
83.00 |
16172 |
4191 |
| FCPO |
JUL 2008 |
3283.00 |
3303.00 |
3242.00 |
3246.00 |
3255.00 |
3242.00 |
3256.00 |
-14.00 |
10208 |
1182 |
| FCPO |
AUG 2008 |
3270.00 |
3270.00 |
3245.00 |
3230.00 |
3260.00 |
3245.00 |
3160.00 |
85.00 |
878 |
25 |
Only Wilma but not Golden Agri and Indoagri, both of them had been dropping gradually for the last few days. China allowed Wilma to up their palm oil export price, the trick.
palm oil rebounds
Just sharing this article dated Mar 31:
T
oday I will argue the case for Commodities to Crash. The signs for this crash are more prominent in Grains and Soft Commodities (which also mean that they have crashed already) than Gold or Oil (which mean that when these crash, the gains on shorting them would be substantial). The base commodities, even though they may be supported by infrastructure spending in China and the Middle East or the rising economies of South America and Turkey, should fall in tandem at least for the early part of the Gold Crash. The fundamental basis for my analysis is money supply. Grains moved way above the money line but crashed back to touch this line last week. Soft commodities also touched the money line last week. Oil surged away from the money line since $55 in Jan07. Gold surged away from the money line since $665 in Jul07. Oil and Gold may touch these numbers again if they revisit their respective money lines. The Toronto Stock Exchange has been a proxy for Oil and Gold plays for many. A look at its Bullish Percent Index can lead one to conclude that a similar rectangle is building since Dec07 of ≤40%. In the bear days for commodities, there was also a rectangle below the 35% until 2001. For the gold-bugs and those on the Jim Rogers trail, I am of the opinion that you should take profit on your hard-earned Commodities (Gold-which we first recommended back in early 2003; Grains and Softswhich we strongly recommended at the start of 2007). Let.s come back later to play these again. For now, let.s appreciate the beauty of the US Dollar and its expanding triangle break-out.
Palm Oil Rallies for First Time in Five Days on Indian Demand
By Claire Leow
April 2 (Bloomberg) -- Palm oil in Malaysia, the global
benchmark, gained for the first time in five days on speculation
demand for the commodity will rise after India abolished import
tariffs on crude edible oils to cool inflation.
India meets half its edible oil needs by importing mainly
crude palm oil and soybean oil. It also crushes homegrown
oilseeds such as soybeans, mustard seeds and rapeseeds.
Palm oil for June delivery rose as much as 114 ringgit, or
3.6 percent, to 3,293 ringgit ($1,033) a ton on the Malaysia
Derivatives Exchange in Kuala Lumpur. The commodity traded at
3,292 ringgit at the 12:30 p.m. local time break, 27 percent
below its March 4 record.
India, the world's biggest buyer of vegetable oils after
China, convened an emergency cabinet meeting on March 31 and
eliminated import taxes on crude edible oil and lowered the levy
on refined edible oil to 7.5 percent to curb inflation at a 13-
month high. The cuts took effect yesterday.
``That's to be welcomed -- we already anticipate higher
consumption in India,'' said
Nirgunan Tiruchelvam of ABN Amro
Securities (Singapore) Pte, by telephone. ``Governments want to
protect consumers from higher prices.''
The Solvent Extractors' Association, a trade body in India,
in January forecast the country may import more than 5.9 million
tons of edible oils in the year to October. That figure may rise,
Dinesh Shahra, managing director of Ruchi Soya Industries Ltd.,
the country's biggest importer, said yesterday.
Palm oil for May delivery rose for the first time in four
days, gaining as much as 192 yuan, or 2 percent, to 10,060 yuan a
ton. The contract traded at 9,970 yuan a ton at 1:41 p.m.
Looks like fundamentals for palm oil counters are still strong. Traders are jittery? or big boys sell down to collect. Palm oil counters oversold past few days. Likely to rebound tomorrow and next few days given the above info. My personal opinion. Trade with caution.
It's a dangerous game you guys are playing. You buy without knowing the reason for the price fall. Reasons could be profit warning, plunge in CPO prices or something bad happened. In this case, CPO prices have been falling over the past few days and plunged around 10% yesterday.
Find out the reason for the price fall before you buy.
Top the volumn. Price didn't match with STI leh, big players are around. I small timer, only can sing along leow. Cheer.s
looks like palm oil price is going up liao...this burger might hv chance :P
http://www.klse.com.my/website/bm/market_information/prices/derivatives.jsp
hee...cheers !
SYNEAR also cheong ahhh !! wasted..dumped too early :P
BB = Big Boys
erm, sorry.... am new here. may i know what is BB? today's fall is it due to the US increasing soybean output?
What i see here is BB throwing and retail buying.. how to win, im v tempted to go in but i tink hold 1st.. u can see 1,000,000 shares those kind of selling.. v scary
wake up and log in and see... WOW night mare man.... tot i was going to dream of .98??? hahaha now .88 BLUR man.... dunno y? must be BBs can't win them all....
cheers
jasonrxz ( Date: 01-Apr-2008 23:59) Posted:
|
the oil price has retreat but not the index and now we are playing with stocks not oil though they are in palm oil industry... but who cares when the dow JONES is now +260..... so just go sleep and dream of it like me to be 0.98 once it start though it's impossible but how about aroung 1030hrs after HSI open with maybe 600 pts uptrend??? never know the potential too here.... cheers
ok.. need to go and dream of .98 liao,... sweet dreams to others....
jasonrxz ( Date: 01-Apr-2008 17:09) Posted:
Roger that.... Will keep it under my pillow and dream of it to 0.98 tomolo... hahha..... have a nice day to u Bro Hotstock,...
cheers |
|
|
|
ok lah..today i give chance wont touch this burger...hee...but 98cts ?!?!? wow...u r DAY DREAMING again har ??! hee...
then again who knows ?!?! :D
cheers !!
Some broker says it is opportunity to buy at this price.
the oil price has retreat but not the index and now we are playing with stocks not oil though they are in palm oil industry... but who cares when the dow JONES is now +260..... so just go sleep and dream of it like me to be 0.98 once it start though it's impossible but how about aroung 1030hrs after HSI open with maybe 600 pts uptrend??? never know the potential too here.... cheers
ok.. need to go and dream of .98 liao,... sweet dreams to others....
jasonrxz ( Date: 01-Apr-2008 17:09) Posted:
Roger that.... Will keep it under my pillow and dream of it to 0.98 tomolo... hahha..... have a nice day to u Bro Hotstock,...
cheers |
|
Wilmar got permission to increase price in China but CPO future price drops a lot. Oil drop again now in US at USD99.95. How to interpret these for the this counter and FirstRes and Wilmar???
Realising Indoagri and Goldenagri dropped the same % however, Wilma dropped just half of them. I marketed the the cheap one, brokage cheap mah:)
