yee lee ka?

Sime darby is having an ongoing battle with the NGOs. Their own appointed sustainability team also dun wan work with them because sime threaten to sue the activist.
I'm not sure if the previous US ban on Sime Darby has been lifted. If they can ban Sime and RSPO failed on its effort to appeal.. then you can expect some shit show for malaysia.

Then Sri Lanka suddenly boycott palm oil. Not that they purchase huge amount, but such announcement of uprooting the palm tree in their own country and stopping palm oil import is quite a statement. Even though it's done in phase, it demonstrate the boycott can be very real and this time it's the level of whole nation, not certain supermarket or anti palm oil labelling, but mobilizing whole nation against it. This could be the starting point of more to come.
https://www.msn.com/en-us/money/news/plante...ott/ar-BB1fmb7I

biodiesel also phasing out due to slavery/environmental etc concern.

shit storm coming at all direction. Biden's team is heating up the engine.


As for the share price, i don't know the real reason, probably weaker than expected quarterly report due to US ban?
If you fancy palm share price news and all the ongoing development, there's this lady from CIMB futures analyst that write amazing news piece. I think her name is Ivy Ng. If you have sotong bank account you can try ask for the daily/weekly .pdf news sent to your mail.

They have been paying 8% for the past 4 months now. On top of it you have to pay windfall tax (3% perninsula/ 1.5% s&s)
im not too clear on what development caused the share price drop as i dont follow the counters very much.

I think sotong bank futures trading division. still, i think you can try and request them to send to you. I like Ivy Ng piece because it's well summarized, with all important factors, latest reports etc into single or double paged .pdf
oriental pacific futures last time also ok ah for their report. but this one i think not many people subscribe thus need to share with those whom have trading account to get report.

Anyway, imo there's a very small gap, if there's any, for the CPO price to grow at the moment. It's very expensive already, and provided that the crude price and soybean oil price continue to push up, then we might see CPO follow a bit, other than that, it needs to go down. If the disparity between CPO -Crude/soy narrows, then it will be disadvantageous for palm

http://bepi.mpob.gov.my/images/export-duti...PRIL%202021.pdf

Don't think so, if anything, a disruption in supply will only cause the CPO price to move higher.
export has been steadily moving up despite supply concern, and US/Canada weather concern also maintaining the price at upward trend.

Still, like i said earlier, i find correlation between CPO price and company stock valuation in KLSE hard to gauge. I cannot give you an answer on Malaysia plantation stock valuation because every investment needs diff strategy. Some companies forever hover around 3.8-4.2 valuation, some are prone to CPO price movement, then we have Felda, TDM, Boustead with different operating and management mechanisms.

No idea, i only have one plantation stock in my portfolio and i hardly keeping up with it.

if you have CIMB acc, i suggest you ask your banker broker/agent to send you Ivg Ng's report. very nice to read, short, simple and easy to digest. doesnt overflood the report with unnecessary statistics, focuses on relevant numbers and figures.

if you're a super numberman then ivy ng report might not be sufficient

-deleted-

it looked sth like that
It's pretty much a summarized version of everything important in 2-3 page report.

No i don't think they share it openly in website. Sometimes TheEdge will use their report in their news article as well.
I think it's exclusively for CGS-CIMB client.

They also pluck their numbers from bloomber/reuters/etc so you dont need to read every news one by one.

This post has been edited by Mocha_86: Aug 25 2021, 06:13 PM

It is distributed exclusively for their clients only. which is why im going to delete the picture now because i also dont want to get into trouble screen capturing the report (it's 2020 report though)

CIMB futures account, then you can ask your broker to send you a report. You can try your luck asking your current broker if he/she can get you the report or not for a regular CGS-CIMB holder.

Other banks and futures broker also got report, but less analysis on plantation counter. This one probably suits you best.

I think it'd be better if you call them up and ask.
i scared i might gave you the wrong info.

i no longer trade futures.