 | Blog: A LOT OF PEOPLE WILL LOSE ALL THEIR MONEY, By Marc Faber Mar 3, 2023 2:58 PM | Report Abuse From TSH Resources AR
Prospects
Commentary on the prospects
CPO price declined to around RM3,300 per MT at third quarter end and have since stabilised in
recent times and is currently trading at around RM4,000+ per MT. However, CPO price outlook
is uncertain, weighed down by concerns over global economic slowdown and the strict COVID19 measures in major importer, China, while at the same time buttressed by high energy prices.
Raw materials price inflationary pressure mainly caused by the Russia-Ukraine war is also a
serious challenge for the oil palm industry. Barring any unforeseen circumstances, the Group is
optimistic of achieving satisfactory performance for year 2022.
Moreover, underpinned by its strong financial position, the Group is confident to weather
through the headwinds and challenges in the years ahead.
The Board also remains optimistic on the long term prospect of the palm oil industry.
Restrained hectarage growth in oil palm planting over the last few years due to RSPO
regulations and Indonesian Government’s moratorium on deforestation will have an impact over
the global palm oil supply. Global population and per capita income growth as well as the many
health qualities of palm oil are expected to drive greater demand for palm products. This augurs
well for the Group as palm products segment will remain the core contributor to the Group
profit.
2 hours ago
calvintaneng
the Group is
optimistic of achieving satisfactory performance for year 2022.
2 hours ago
calvintaneng
Moreover, underpinned by its strong financial position, the Group is confident to weather
through the headwinds and challenges in the years ahead.
The Board also remains optimistic on the long term prospect of the palm oil industry.
2 hours ago
calvintaneng
The Board also remains optimistic on the long term prospect of the palm oil industry.
By TSH |
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| Blog: A LOT OF PEOPLE WILL LOSE ALL THEIR MONEY, By Marc Faber Mar 3, 2023 2:57 PM | Report Abuse calvintaneng
BPLANT
Prospects for the Coming Year
Prices of palm products in 2023 are expected to stabilise after a volatile market in 2022. Stock levels
in Malaysia and Indonesia are expected to increase following an expected increase in mature areas,
better weather conditions as well as improved labour supply.
However, the global economy is expected to face significant challenges in 2023. The growth outlook
is expected to be lower this year in reaction to the persistently high inflation.
Barring any unforeseen circumstances, the Group is cautiously optimistic on its 2023 production as
labour supply are expected to recover, supported by ongoing efforts to mechanise, automate, and
digitalise operations.
2 hours ago
calvintaneng
Barring any unforeseen circumstances, the Group is cautiously optimistic on its 2023 production as
labour supply are expected to recover, supported by ongoing efforts to mechanise, automate, and
digitalise operations.
2 hours ago
calvintaneng
CAUTIOUSLY OPTIMISTIC |
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| Blog: A LOT OF PEOPLE WILL LOSE ALL THEIR MONEY, By Marc Faber Mar 3, 2023 2:56 PM | Report Abuse SIMEDARBY PLANT
Prospects
Operating profit and finance costs
Included in the operating profit are:
Variance of actual profit from profit forecast or profit guarantee
There was no profit forecast or profit guarantee issued during the quarter under review.
Crude palm oil (CPO) prices are expected to remain steady for the first quarter of 2023 on the back of continued strong
demand due to the considerable price advantage when compared to alternative oils and supply concerns resulting from
Indonesia’s anticipated higher biodiesel mandate as well as tighter export policies.
As the country’s labour shortage continues to be addressed with the arrival of more foreign workers into Malaysia,
particularly harvesters, the Group expects its Fresh Fruit Bunch (“FFB”) production in Malaysia to improve in 2023 after a
challenging two years.
Year ended
31 December
Quarter ended
31 December
However, demand may be impacted by the global economic outlook which remains wary, because of continuing geopolitical
uncertainties, stricter ESG policies, and inflationary pressures from high food and energy prices. Nevertheless, the Group is
cautiously optimistic mainly due to its well-established strategies to address ESG issues, and ongoing efforts to mitigate such
challenges. The Group has also ramped up operational improvement initiatives to plug any leakages and reduce wastage.
Barring any unforeseen circumstances, the Group expects to perform satisfactorily in FY2023.
1 hour ago
calvintaneng
cautiously optimistic |
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| Blog: A LOT OF PEOPLE WILL LOSE ALL THEIR MONEY, By Marc Faber Mar 3, 2023 2:55 PM | Report Abuse optimistic about something's or someone's prospects |
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| Blog: A LOT OF PEOPLE WILL LOSE ALL THEIR MONEY, By Marc Faber Mar 3, 2023 2:55 PM | Report Abuse https://www.merriam-webster.com/dictionary/bullish
Merriam Webster define bullish as
optimistic about something's or someone's prospects
bullish on the company's future
bullishly adverb
bullishness noun
|
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| Blog: A LOT OF PEOPLE WILL LOSE ALL THEIR MONEY, By Marc Faber Mar 3, 2023 2:54 PM | Report Abuse TreeTopView
As I glanced through your flood of company extracts, I did notice the total lack of any company making statements about a bull run in palm oil prices, which seems to be your current flavour of the month.
it is only a different phrasing of bullish or optimistic
See
bullish
adjective
bull·ish ˈbu̇-lish also ˈbə-
Synonyms of bullish
1
: suggestive of a bull (as in brawniness)
2
a
: marked by, tending to cause, or hopeful of rising prices (as in a stock market)
a bullish market
bullish policies
bullish investors
b
: optimistic about something's or someone's prospects
bullish on the company's future
bullishly adverb
bullishness noun |
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| Blog: A LOT OF PEOPLE WILL LOSE ALL THEIR MONEY, By Marc Faber Mar 3, 2023 2:51 PM | Report Abuse A Rm400 millions from Gloves
See https://themalaysianreserve.com/2020/11/09/rm400m-is-one-off-donation-not-a-windfall-tax-substitution/ |
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| Stock: [DLADY]: DUTCH LADY MILK INDUSTRIES BHD Mar 3, 2023 2:21 PM | Report Abuse Code of ethics?
Zhuge_Liang
Calvin totally agree with you
As for Dlady it has been used as a front to attack and demean others
So this is only an update of Dlady very poor record for years
He should just shut up and take care and put his house in order |
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| Blog: A LOT OF PEOPLE WILL LOSE ALL THEIR MONEY, By Marc Faber Mar 3, 2023 1:29 PM | Report Abuse another latest positive km Loong people exercising their warrants (not toxic call warrants by IB banks)
good sign |
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| Blog: A LOT OF PEOPLE WILL LOSE ALL THEIR MONEY, By Marc Faber Mar 3, 2023 1:15 PM | Report Abuse PALM OIL
REAL EARNINGS
SOLID DIVIDENDS
STAY SAFEST
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| Blog: A LOT OF PEOPLE WILL LOSE ALL THEIR MONEY, By Marc Faber Mar 3, 2023 1:14 PM | Report Abuse FCPO NOW RM4332
Cost only Rm2000
More than 115% Profit
very good prospects |
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| Stock: [SOP]: SARAWAK OIL PALMS BHD Mar 3, 2023 1:14 PM | Report Abuse FCPO NOW RM4332
Cost only Rm2000
More than 115% Profit
very good |
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| Stock: [HSPLANT]: HAP SENG PLANTATIONS HOLDINGS Mar 3, 2023 1:13 PM | Report Abuse FCPO NOW RM4332
Cost only Rm2000
More than 115% Profit
very good |
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| Stock: [SIMEPLT]: SIME DARBY PLANTATION BERHAD Mar 3, 2023 1:12 PM | Report Abuse FCPO NOW RM4332
Cost only Rm2000
More than 115% Profit
https://www.tradingview.com/symbols/MYX-FCPO1%21/ |
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| Stock: [TAANN]: TA ANN HOLDINGS BHD Mar 3, 2023 1:12 PM | Report Abuse FCPO NOW RM4332
Cost only Rm2000
More than 115% Profit
https://www.tradingview.com/symbols/MYX-FCPO1%21/ |
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| Stock: [JTIASA]: JAYA TIASA HOLDINGS BHD Mar 3, 2023 1:12 PM | Report Abuse FCPO NOW RM4332
Cost only Rm2000
More than 115% Profit
https://www.tradingview.com/symbols/MYX-FCPO1%21/ |
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| Stock: [BPLANT]: BOUSTEAD PLANTATIONS BHD Mar 3, 2023 1:11 PM | Report Abuse FCPO NOW RM4332
Cost only Rm2000
More than 115% Profit
https://www.tradingview.com/symbols/MYX-FCPO1%21/ |
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| Stock: [THPLANT]: TH PLANTATIONS BHD Mar 3, 2023 1:10 PM | Report Abuse FCPO NOW RM4332
Cost only Rm2000
More than 115% Profit
https://www.tradingview.com/symbols/MYX-FCPO1%21/ |
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| Stock: [TSH]: TSH RESOURCES BHD Mar 3, 2023 1:10 PM | Report Abuse https://www.tradingview.com/symbols/MYX-FCPO1%21/ |
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| Stock: [TSH]: TSH RESOURCES BHD Mar 3, 2023 1:09 PM | Report Abuse FCPO NOW RM4332
Cost only Rm2000
More than 115% Profit |
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| Blog: A LOT OF PEOPLE WILL LOSE ALL THEIR MONEY, By Marc Faber Mar 3, 2023 1:06 PM | Report Abuse 2 positives from TAANN |
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| Blog: A LOT OF PEOPLE WILL LOSE ALL THEIR MONEY, By Marc Faber Mar 3, 2023 1:06 PM | Report Abuse shall achieve its positive profit margins despite the worldwide inflationary pressure.
Barring any unforeseen circumstances, the Board of Directors anticipates a satisfactory financial performance
for the financial year 2023. |
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| Blog: A LOT OF PEOPLE WILL LOSE ALL THEIR MONEY, By Marc Faber Mar 3, 2023 1:05 PM | Report Abuse On the positive note, in anticipating no extra production of palm oil as there is no new planting area
NOTE: NO NEW PALM OIL PLANTING AS HIGH BARRIER TO ENTRY
GLOVES LOW BARRIER TO ENTRY NOW GOT FIERCE PRICE WAR DUE TO GLUT |
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| Blog: A LOT OF PEOPLE WILL LOSE ALL THEIR MONEY, By Marc Faber Mar 3, 2023 1:04 PM | Report Abuse
TAANN
Current Year Prospects
Outlook for 2023 remains challenging with the prolonged Ukraine Russia conflicts whereas the world interest
hike and the global inflationary continue to soar.
On the positive note, in anticipating no extra production of palm oil as there is no new planting area and the
timber resource is getting scarce, we do not expect severe downfall of the global economy. As such, 2023 is
anticipated to progress positively.
The Group’s firm focus and emphasis on the sustainable management of resources and cost control measures
shall achieve its positive profit margins despite the worldwide inflationary pressure.
Barring any unforeseen circumstances, the Board of Directors anticipates a satisfactory financial performance
for the financial year 2023. |
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| Blog: A LOT OF PEOPLE WILL LOSE ALL THEIR MONEY, By Marc Faber Mar 3, 2023 1:00 PM | Report Abuse cautiously optimistic |
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| Blog: A LOT OF PEOPLE WILL LOSE ALL THEIR MONEY, By Marc Faber Mar 3, 2023 12:59 PM | Report Abuse SIMEDARBY PLANT
Prospects
Operating profit and finance costs
Included in the operating profit are:
Variance of actual profit from profit forecast or profit guarantee
There was no profit forecast or profit guarantee issued during the quarter under review.
Crude palm oil (CPO) prices are expected to remain steady for the first quarter of 2023 on the back of continued strong
demand due to the considerable price advantage when compared to alternative oils and supply concerns resulting from
Indonesia’s anticipated higher biodiesel mandate as well as tighter export policies.
As the country’s labour shortage continues to be addressed with the arrival of more foreign workers into Malaysia,
particularly harvesters, the Group expects its Fresh Fruit Bunch (“FFB”) production in Malaysia to improve in 2023 after a
challenging two years.
Year ended
31 December
Quarter ended
31 December
However, demand may be impacted by the global economic outlook which remains wary, because of continuing geopolitical
uncertainties, stricter ESG policies, and inflationary pressures from high food and energy prices. Nevertheless, the Group is
cautiously optimistic mainly due to its well-established strategies to address ESG issues, and ongoing efforts to mitigate such
challenges. The Group has also ramped up operational improvement initiatives to plug any leakages and reduce wastage.
Barring any unforeseen circumstances, the Group expects to perform satisfactorily in FY2023.
|
|
| Blog: A LOT OF PEOPLE WILL LOSE ALL THEIR MONEY, By Marc Faber Mar 3, 2023 12:56 PM | Report Abuse FGV
Prospects
FGV’s crude palm oil (CPO) price had reached an average of RM4,832 per metric tonne in FY2022 on the
back of prolonged Russia-Ukraine conflict and shortage of labour as well as lower palm production and
other soft oil supply. Going into first quarter of 2023, the CPO price is supported by Indonesia's higher
biodiesel mandate and tighter export policy despite the anticipated global recession.
The Plantation Sector’s intensified recruitment efforts made throughout the year 2022 had successfully
reduced the shortage of foreign workers from 32% to 13%. The Sector will continue to improve its operation
through mechanisation and replanting programmes as well as implementing cost optimisation initiatives to
manage rising operational costs and energy prices.
The Group remains steadfast in its commitment to the sustainability agenda. On the Withhold Release
Order (WRO) suspension, our independent assessor has completed its site assessments and FGV will put
their recommendations into action and will soon submit the final report to the U.S. Customs and Border
Protection (CBP).
The Sugar Sector continues to face challenging environment due to high input costs despite stronger
demand from the market and will remain focused on higher yields and capacity utilization. Meanwhile,
Logistics Sector continues to explore opportunities for market expansion while enhancing its operational
efficiency.
Barring any unforeseen circumstances, the Group expects to perform satisfactorily in financial year 2023
in line with the projected favourable CPO price movement.
|
|
| Blog: A LOT OF PEOPLE WILL LOSE ALL THEIR MONEY, By Marc Faber Mar 3, 2023 12:55 PM | Report Abuse CAUTIOUSLY OPTIMISTIC
|
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| Blog: A LOT OF PEOPLE WILL LOSE ALL THEIR MONEY, By Marc Faber Mar 3, 2023 12:54 PM | Report Abuse Barring any unforeseen circumstances, the Group is cautiously optimistic on its 2023 production as
labour supply are expected to recover, supported by ongoing efforts to mechanise, automate, and
digitalise operations. |
|
| Blog: A LOT OF PEOPLE WILL LOSE ALL THEIR MONEY, By Marc Faber Mar 3, 2023 12:54 PM | Report Abuse BPLANT
Prospects for the Coming Year
Prices of palm products in 2023 are expected to stabilise after a volatile market in 2022. Stock levels
in Malaysia and Indonesia are expected to increase following an expected increase in mature areas,
better weather conditions as well as improved labour supply.
However, the global economy is expected to face significant challenges in 2023. The growth outlook
is expected to be lower this year in reaction to the persistently high inflation.
Barring any unforeseen circumstances, the Group is cautiously optimistic on its 2023 production as
labour supply are expected to recover, supported by ongoing efforts to mechanise, automate, and
digitalise operations. |
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| Blog: A LOT OF PEOPLE WILL LOSE ALL THEIR MONEY, By Marc Faber Mar 3, 2023 12:52 PM | Report Abuse Prospects
The Group’s overall positive performance for the financial year ended 31 December
OVERALL
POSITIVE PERFORMANCE |
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| Blog: A LOT OF PEOPLE WILL LOSE ALL THEIR MONEY, By Marc Faber Mar 3, 2023 12:51 PM | Report Abuse TH PLANT
Prospects
The Group’s overall positive performance for the financial year ended 31 December
2022 was largely supported by the favourable prices of palm products and the on-going
progress of our Transformation Plan.
The impact of the pandemic and the Russia-Ukraine conflict continue to influence world
commodities, economic conditions, and inflation. Crude palm oil prices reached record
high in March but remained volatile throughout 2022. The favourable prices throughout
2022 helped to compensate the impact of labour shortage and higher operating cost.
The Group continues to give emphasis on strengthening its operations and
sustainability, focusing on operational efficiency, effective cost management, good
agronomic practices, rehabilitation, replanting, and mechanisation programs in
mitigating the on-going challenging operating environment.
Barring any unforeseen circumstances, the Group expects the palm oil prices to remain
favourable in the first quarter 2023 given the shortage of edible oils around the world
and the impact of unresolved labour shortage . |
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| Blog: A LOT OF PEOPLE WILL LOSE ALL THEIR MONEY, By Marc Faber Mar 3, 2023 12:50 PM | Report Abuse JAYA TIASA
Group’s Prospects
On the back of upcoming seasonally low production cycle coupled with stable demand for crude
palm oil with its current attractive discount against other edible oils and impending increase in
Indonesia’s mandatory Biodiesel 35 (B35) program, the Group expects the average CPO prices to be
supported over the next few months.
In facing the global economic challenges, inflationary pressure and labour shortages in Malaysia, the
Group remains focused on stringent cost control and improving productivity to ensure profitability.
Barring any unforeseen circumstances, the Group anticipates satisfactory financial performance for
the remaining period of the current financial year. |
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| Blog: A LOT OF PEOPLE WILL LOSE ALL THEIR MONEY, By Marc Faber Mar 3, 2023 12:48 PM | Report Abuse Km Loong
5) Gooi believes that in the next 12 to 18 months, CPO prices are likely to remain quite strong. As long as they hold above the RM3,000 level, plantation companies such as Kim Loong should continue to do well.
But, as far as we are concerned, the RM3,000 level is just nice for us.
See full story
https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2021-08-28-story-h1570606253-Kim_Loong_Resources_eyes_record_year_amid_high_CPO_prices_The_Lessons_R |
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| Blog: A LOT OF PEOPLE WILL LOSE ALL THEIR MONEY, By Marc Faber Mar 3, 2023 12:45 PM | Report Abuse Global population and per capita income growth as well as the many
health qualities of palm oil are expected to drive greater demand for palm products. This augurs
well for the Group as palm products segment will remain the core contributor to the Group
profit. |
|
| Blog: A LOT OF PEOPLE WILL LOSE ALL THEIR MONEY, By Marc Faber Mar 3, 2023 12:44 PM | Report Abuse The Board also remains optimistic on the long term prospect of the palm oil industry.
By TSH |
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| Blog: A LOT OF PEOPLE WILL LOSE ALL THEIR MONEY, By Marc Faber Mar 3, 2023 12:44 PM | Report Abuse Moreover, underpinned by its strong financial position, the Group is confident to weather
through the headwinds and challenges in the years ahead.
The Board also remains optimistic on the long term prospect of the palm oil industry. |
|
| Blog: A LOT OF PEOPLE WILL LOSE ALL THEIR MONEY, By Marc Faber Mar 3, 2023 12:44 PM | Report Abuse the Group is
optimistic of achieving satisfactory performance for year 2022. |
|
| Blog: A LOT OF PEOPLE WILL LOSE ALL THEIR MONEY, By Marc Faber Mar 3, 2023 12:43 PM | Report Abuse From TSH Resources AR
Prospects
Commentary on the prospects
CPO price declined to around RM3,300 per MT at third quarter end and have since stabilised in
recent times and is currently trading at around RM4,000+ per MT. However, CPO price outlook
is uncertain, weighed down by concerns over global economic slowdown and the strict COVID19 measures in major importer, China, while at the same time buttressed by high energy prices.
Raw materials price inflationary pressure mainly caused by the Russia-Ukraine war is also a
serious challenge for the oil palm industry. Barring any unforeseen circumstances, the Group is
optimistic of achieving satisfactory performance for year 2022.
Moreover, underpinned by its strong financial position, the Group is confident to weather
through the headwinds and challenges in the years ahead.
The Board also remains optimistic on the long term prospect of the palm oil industry.
Restrained hectarage growth in oil palm planting over the last few years due to RSPO
regulations and Indonesian Government’s moratorium on deforestation will have an impact over
the global palm oil supply. Global population and per capita income growth as well as the many
health qualities of palm oil are expected to drive greater demand for palm products. This augurs
well for the Group as palm products segment will remain the core contributor to the Group
profit. |
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| Blog: A LOT OF PEOPLE WILL LOSE ALL THEIR MONEY, By Marc Faber Mar 3, 2023 12:14 PM | Report Abuse should go see others
see Tsh comments |
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| Blog: A LOT OF PEOPLE WILL LOSE ALL THEIR MONEY, By Marc Faber Mar 3, 2023 11:21 AM | Report Abuse Last time when gloves reported high profits and turned bullish
Ex Pm Muhyiddin imposed Rm400 millions tax on Glove co to help felda |
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| Blog: A LOT OF PEOPLE WILL LOSE ALL THEIR MONEY, By Marc Faber Mar 3, 2023 10:31 AM | Report Abuse Go study the cash accounts of palm oil co one by one
Like reservoir their coffers are filled to overflowing |
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| Blog: A LOT OF PEOPLE WILL LOSE ALL THEIR MONEY, By Marc Faber Mar 3, 2023 10:30 AM | Report Abuse Also Morgan Stanley has chosen Tsh and Taann to be in its Msci Malaysia |
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| Blog: A LOT OF PEOPLE WILL LOSE ALL THEIR MONEY, By Marc Faber Mar 3, 2023 10:29 AM | Report Abuse As we know
Insiders of palm oil are all buying
Wilmar
Umalacca
Tsh
Taann
Sop
Swkplant
Epf also buying
Simeplant
Ioi corp
Klk
All are sanguine |
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| Blog: A LOT OF PEOPLE WILL LOSE ALL THEIR MONEY, By Marc Faber Mar 3, 2023 10:27 AM | Report Abuse TreeTopView
Klk might be afraid of windfall tax which happened to glove
So they tone down |
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| Blog: A LOT OF PEOPLE WILL LOSE ALL THEIR MONEY, By Marc Faber Mar 3, 2023 10:25 AM | Report Abuse Mr Megat Rizal of Thplant said in year 2020/1
Even Cpo at Rm2500 Thplant can make money
That was in 2020 when Thplant cost was Rm1,465
Although cost has gone up Cpo now is Rm4200
No wonder Thplant gave 1.5 sen dividend twice |
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| Blog: A LOT OF PEOPLE WILL LOSE ALL THEIR MONEY, By Marc Faber Mar 3, 2023 10:23 AM | Report Abuse And Km loong people said they will be happy if cpo is Rm3000
Their cost of cpo production Rm2200 |
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| Blog: A LOT OF PEOPLE WILL LOSE ALL THEIR MONEY, By Marc Faber Mar 3, 2023 10:21 AM | Report Abuse This was what Mr Shane the spoke person of ijmplant said
"At this time when cpo is rm4000 all palm oil co bosses should be happy
Not long after Klk took ijmplant private at Rm3.10(,from Rm2.20) |
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| Blog: A LOT OF PEOPLE WILL LOSE ALL THEIR MONEY, By Marc Faber Mar 3, 2023 10:18 AM | Report Abuse Should ask palm oil co Ceo, Cfo,
Coo, Accountants, Secretaries as they are in the industry |
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| Blog: A LOT OF PEOPLE WILL LOSE ALL THEIR MONEY, By Marc Faber Mar 3, 2023 10:17 AM | Report Abuse Cannot trust Fitch as Fitch is against Malaysia in general and against palm oil in particular
Just as Usa got nothing good to say about China so Fitch has nothing good to say about palm oil |
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