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Overview
Financial Highlight
HeadlinesBusiness Background Genting Plantations Bhd operates oil palm plantations in Asia and has several oil mills to help with production. The chemicals extracted from the plantations can be used for multiple end-products, including lubricants, detergents, and other substances. Also, Genting Plantations developed properties to take advantage of its access to land. The developments have offered a mix of residential and commercial uses, and complete townships have been constructed with multiple amenities. The company also invests in the biotechnology industry. The investment focuses on techniques to improve yields and profitability of oil palm plantations.
  ElizaWong Wonder it's me saw it wrongly or the CPO price posted by MPOC had a mishap... Today see the CPO price data is RM3k something on 13 Jan... 17/01/2023 9:40 AM ElizaWong Just a matter of time for CPO price to break through RM4k again (30 Jan: RM3936) 31/01/2023 10:38 AM ElizaWong Don't worry. CPO price closes to hit RM4k and GenP will break RM6.10 sooner or later again 09/02/2023 10:42 AM dragon328 take a look at the parent company https://klse.i3investor.com/web/blog/detail/dragon328/2023-02-09-story-h-299096494-Genting_More_than_just_Roulettes_and_Fun_Rides_in_Singapore 09/02/2023 12:41 PM ElizaWong Expecting lower palm oil exports from Indonesia. The Indonesian government has recently urged the local cooking oil producers to ramp up palm oil supply to the domestic market by 50% to 450,000 mt for the next 3 months to meet rising demand ahead of the festive celebration. 13/02/2023 11:28 AM ElizaWong The crops of FFB had been reduced from 174,869 mt (Dec 2022) to 158,289 mt (Jan 2023)... 15/02/2023 1:10 PM DestinyL You cannot compare like that You need to compare month to month due to seasonal factor Jan 2023 production of 158kmt actually improved vs 2022 Jan of 137kmt, while 174kmt for Dec 2022 improved against Dec 2021's 162kmt 15/02/2023 8:15 PM ElizaWong Price movement seems stagnant today despite CPO price shoot up to RM4k alrdy... Guess people are waiting for its Q4 to come out 20/02/2023 12:34 PM ElizaWong If I estimated correctly, Genp could make Rm900 m to RM1 b for their revenue in Q4 22/02/2023 9:44 AM ElizaWong ... jaw dropped. Disappointed Q4 but attract dividend. No wonder IBs buy call 23/02/2023 1:08 PM ElizaWong It's attractive dividend by the way. Typo. Good for people who grabbed it when it fell below RM6 24/02/2023 1:05 PM darren2021 qoq is lower but yoy is growing in revenue and net profit...since the yoy already hit target i believe they allocate the earnings for the coming year..since the cpo price above 4k their earning will continue for 2023 25/02/2023 3:15 PM DestinyL May be tough to close above 6 It was nice to sell a little at 6.40 a month+ ago, wonder who was the big supporter 09/03/2023 11:17 AM ElizaWong Past the ex-date of its final dividend. See can move back up RM6 tomorrow 09/03/2023 5:31 PM DestinyL UtdPlt on the other hand, is holding well with the RM1 divvy Switch to UP if you want to hold long term with nice divvy 21/03/2023 9:08 AM ElizaWong Good investment choice. I think I will slowly build up the fund and switch to UTD for longer term 21/03/2023 3:06 PM ElizaWong but in the mean time, UTD share price is very expensive currently. Trade GenP to build up fund 1st 22/03/2023 12:18 PM DestinyL Expensive because still comes with RM1 divvy Furthermore, with their hedging strategy it means even at current RM3.6K+ CPO price, they will sell higher than market price of maybe around RM4K 23/03/2023 9:35 AM DestinyL If you want to switch, after ex-divvy, wait for slightly lower But don't wait too long, probably before their Q3 result is out, price will start to go up 23/03/2023 9:36 AM ElizaWong You meant UTD's Q4, right? You are right, typically the share price will start going up when the result is out 23/03/2023 11:16 AM DestinyL Not exactly UP dividend payout twice a year, Nov and Feb The uptrend starts around September/October, ride until after Feb dividend announcement 23/03/2023 12:04 PM  | |
