Hi guys,
The signs are all showing Palm Oil Stocks might go into a Cyclical rebound
And these are the reasons
1) PALM OIL CPO PRICES HAVE CROSSED RM3,000 AGAIN
See
| FCPO | Oct 2020 | 3,010.00 | - | - | 3,028.00 |
+28.00
|
3,028.00 | 3,000.00 | 120 | 2,540 | 3,020.00 |
Since cost of production ranges from Rm1,600 to Rm1,800 a ton at Rm3,000 Palm Oil companies are seeing good times ahead
2) SOYBEAN OIL UP NOW USD34 WILL PROPEL PALM OIL
| OCT 2020 | OCT 2020 | Show Price Chart | 34.24 | +1.00 | 33.24 | 34.24 | 34.24 | 34.24 | 18 | No Limit / 0.01 |
16:40:46 CT 09 Oct 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DEC 2020 | DEC 2020 | Show Price Chart | 34.05 | +1.05 | 33.00 | 32.95 | 34.41 | 32.86 | 87,225 | 36.01 / 32.01 |
16:39:56 CT 09 Oct 2020 |
| JAN 2021 | JAN 2021 | Show Price Chart | 34.03 | +1.00 | 33.03 | 32.97 | 34.31 | 32.81 | 28,492 | 36.02 / 32.02 |
16:40:56 CT 09 Oct 2020 |
| MAR 2021 | MAR 2021 | Show Price Chart | 33.96 | +0.98 | 32.98 | 32.78 | 34.22 | 32.77 | 21,478 | 35.94 / 31.94 |
16:39:45 CT 09 Oct 2020 |
At USD30 Palm Oil will be good. Anything above USD30 will be an added bonus to boost palm oil prices
3) DEMAND FOR SOYBEAN HAS PUSHED UP SOYOIL AND BY PROXY PALM OIL DUE TO HUGE TYPHOONS & FLOODING IN CHINA HEILONGJIANG PROVINCE
3 MAJOR TYPHOONS SLAMMED INTO HARBIN, JILIN & LIONING - THE BREAD BASKET OF CHINA - WIPING OUT BOTH SOYBEAN & MAIZE WILL CAUSE CHINA TO BUY MORE SOYBEAN FROM USA
See
https://www.youtube.com/watch?v=2fpL-tGBuAI
https://www.youtube.com/watch?v=-Hlm36wo86I
4) WHILE CHINA SUFFERED SEVERE TYPHOON & FLOODS USA SUFFERED DROUGHT IN ITS FARMLANDS
SEE
https://droughtmonitor.unl.edu/
5) CHINA ALSO GOT SWINE FEVER LAST YEAR WIPING OFF 50% OF ITS PIGS
CHINA NOW NEED LOTS OF SOYBEAN AS FEEDMEAL FOR PIGS
THUS DEMAND FOR SOYBEAN WILL INCREASE
Swine Fever Is Killing Vast Numbers Of Pigs In China
6) USA TRADE WAR WITH CHINA DONALD TRUMP WANTS CHINA TO IMPORT MANY BILLION US$ MORE SOYBEAN FROM USA
China needs 'explosive' buying to meet U.S. farm import target
BEIJING/CHICAGO (Reuters) - With nearly seven months gone, an ambitious $36.5 billion target for Chinese imports of U.S. farm goods this year may not be quite out of reach, but it’s looking like a big, big stretch.
7) INDIA NOW FACING DIWALI NEEDS LOTS OF CHEAPER PALM OIL AS OTHER OILS NOW TOO EXPENSIVE
Soybean Oil, Packaging Type: Plastic Bottle, Packaging Size: 500 ml
| Packaging Type | Plastic Bottle |
| Packaging Size | 500 ml |
| Health Benefits | Lowers Cholesterol |
| Speciality | Cholestrol free |
| Color | yellow |
| Country of Origin | Made in India |
Refined Sunflower Oil
| Packaging Type | Plastic Bottle |
| Packing type | Plastic Bottles |
| Ingredients | Sunflower seeds |
| Bulk packaging size | Min. 200 lit & max. as per requirement |
Palm Oil, Packaging Type: Plastic Bottle, Packaging Size: 1 Litre
| Packaging Size | 1 litre |
| Packaging Type | Plastic Bottle |
| Speciality | Natural |
| Color | dark red |
| Minimum Order Quantity | 1 Litre |
AS YOU CAN SEE FROM ABOVE VEGE OIL SOLD IN INDIA
SOYBEAN OIL IS 120 INDIAN RUPEE PER LITRE
SUNFLOWER OIL IS 100 INDIAN RUPEE PER LITRE
PALM OIL IS 46 RUPEE PER LITRE
PALM OIL WILL NOW SELL LIKE HOT CAKES & CAN EXPECT PRICE TO INCREASE!!
8) WITH MCO LOCK DOWN MANY PEOPLE WILL EAT DRY FOOD LIKE BISCUIT. AND BISCUIT IS MADE FROM WHEAT FLOUR & LOTS OF PALM OIL
ALL BISCUIT COMPANIES HAVE SEEN INCREASING REVENUE PROVES PALM OIL BEING IN DEMAND
1) HUP SENG BISCUIT
SUMMARY OF KEY FINANCIAL INFORMATION
|
|
INDIVIDUAL PERIOD
|
CUMULATIVE PERIOD
|
||||
|
CURRENT YEAR QUARTER
|
PRECEDING YEAR
CORRESPONDING QUARTER |
CURRENT YEAR TO DATE
|
PRECEDING YEAR
CORRESPONDING PERIOD |
||
|
30 Jun 2020
|
30 Jun 2019
|
30 Jun 2020
|
30 Jun 2019
|
||
|
$$'000
|
$$'000
|
$$'000
|
$$'000
|
||
| 1 | Revenue |
71,443
|
69,691
|
152,319
|
145,091
|
| 2 | Profit/(loss) before tax |
11,825
|
12,127
|
24,940
|
26,416
|
| 3 | Profit/(loss) for the period |
8,760
|
8,969
|
18,468
|
19,064
|
| 4 | Profit/(loss) attributable to ordinary equity holders of the parent |
8,760
|
8,969
|
18,468
|
19,064
|
| 5 | Basic earnings/(loss) per share (Subunit) |
1.10
|
1.12
|
2.31
|
2.38
|
| 6 | Proposed/Declared dividend per share (Subunit) |
2.00
|
2.00
|
2.00
|
2.00
|
|
AS AT END OF CURRENT QUARTER
|
AS AT PRECEDING FINANCIAL YEAR END
|
||||
| 7 | Net assets per share attributable to ordinary equity holders of the parent ($$) |
0.1900
|
0.2000
|
||
Definition of Subunit:
In a currency system, there is usually a main unit (base) and subunit that is a fraction amount of the main unit.
Example for the subunit as follows:
| Country | Base Unit | Subunit |
| Malaysia | Ringgit | Sen |
| United States | Dollar | Cent |
| United Kingdom | Pound | Pence |
REVENUE HAS UP FROM RM69.6 MILLIONS TO RM71.4 MILLIONS
2) APOLLO FOOD
SUMMARY OF KEY FINANCIAL INFORMATION
|
|
INDIVIDUAL PERIOD
|
CUMULATIVE PERIOD
|
||||
|
CURRENT YEAR QUARTER
|
PRECEDING YEAR
CORRESPONDING QUARTER |
CURRENT YEAR TO DATE
|
PRECEDING YEAR
CORRESPONDING PERIOD |
||
|
31 Jul 2020
|
31 Jul 2019
|
31 Jul 2020
|
31 Jul 2019
|
||
|
$$'000
|
$$'000
|
$$'000
|
$$'000
|
||
| 1 | Revenue |
45,140
|
40,183
|
45,140
|
40,183
|
| 2 | Profit/(loss) before tax |
6,734
|
4,475
|
6,734
|
4,475
|
| 3 | Profit/(loss) for the period |
4,684
|
3,217
|
4,684
|
3,217
|
| 4 | Profit/(loss) attributable to ordinary equity holders of the parent |
4,684
|
3,217
|
4,684
|
3,217
|
| 5 | Basic earnings/(loss) per share (Subunit) |
5.86
|
4.02
|
5.86
|
4.02
|
| 6 | Proposed/Declared dividend per share (Subunit) |
0.00
|
0.00
|
0.00
|
0.00
|
|
AS AT END OF CURRENT QUARTER
|
AS AT PRECEDING FINANCIAL YEAR END
|
||||
| 7 | Net assets per share attributable to ordinary equity holders of the parent ($$) |
3.1000
|
3.0400
|
||
Definition of Subunit:
In a currency system, there is usually a main unit (base) and subunit that is a fraction amount of the main unit.
Example for the subunit as follows:
| Country | Base Unit | Subunit |
| Malaysia | Ringgit | Sen |
| United States | Dollar | Cent |
| United Kingdom | Pound | Pence |
REVENUE GONE UP FROM RM40 MILLIONS TO RM45 MILLIONS
3) HWA TAI BISCUIT
SUMMARY OF KEY FINANCIAL INFORMATION
|
|
INDIVIDUAL PERIOD
|
CUMULATIVE PERIOD
|
||||
|
CURRENT YEAR QUARTER
|
PRECEDING YEAR
CORRESPONDING QUARTER |
CURRENT YEAR TO DATE
|
PRECEDING YEAR
CORRESPONDING PERIOD |
||
|
30 Jun 2020
|
30 Jun 2019
|
30 Jun 2020
|
30 Jun 2019
|
||
|
$$'000
|
$$'000
|
$$'000
|
$$'000
|
||
| 1 | Revenue |
19,163
|
15,715
|
36,822
|
31,039
|
| 2 | Profit/(loss) before tax |
474
|
-563
|
617
|
-1,510
|
| 3 | Profit/(loss) for the period |
174
|
-663
|
317
|
-1,710
|
| 4 | Profit/(loss) attributable to ordinary equity holders of the parent |
175
|
-665
|
318
|
-1,712
|
| 5 | Basic earnings/(loss) per share (Subunit) |
0.23
|
-0.89
|
0.42
|
-2.29
|
| 6 | Proposed/Declared dividend per share (Subunit) |
0.00
|
0.00
|
0.00
|
0.00
|
|
AS AT END OF CURRENT QUARTER
|
AS AT PRECEDING FINANCIAL YEAR END
|
||||
| 7 | Net assets per share attributable to ordinary equity holders of the parent ($$) |
0.3048
|
0.3005
|
||
Definition of Subunit:
In a currency system, there is usually a main unit (base) and subunit that is a fraction amount of the main unit.
Example for the subunit as follows:
| Country | Base Unit | Subunit |
| Malaysia | Ringgit | Sen |
| United States | Dollar | Cent |
| United Kingdom | Pound | Pence |
REVENUE UP FROM RM15.7 MILLIONS TO RM19.1 MILLIONS
ALL THESE SHOW MORE AND MORE PALM OIL WILL BE CONSUMED IN MALAYSIA, CHINA, INDIA & OTHERS AS 50% OF SUPERMARKET FOOD CONSIST OF PALM OIL
(AND IN BAD TIMES PEOPLE EAT MORE MAGGIE MEE: MAGGIE MEE IS ALSO FULL OF PALM OIL : HUP SENG BUSINESS HAS THE SAME TOP TWO INGRIEDIENT LIKE MAGGEE MEE HAVE TOP TWO INGRIEDIENTS IN ITS COVERS
1) WHEAT FLOUR
2) PALM OIL
HUPSENG BISCUIT IS THE DRY VERSION OF MAGGIE MEE (BOTH THE SAME TYPE OF CONTENT)
9) GREAT SHORTAGE OF WORKERS DUE TO MCO LOCKDOWN WORLD WIDE MIGHT CAUSE FOOD SHORTAGE & FAMINE
AS OF NOW I CALLED MY FRIEND IN MALAYSIA ABOUT PALM OIL
WITH MCO LOCK DOWN MANY FRUIT HARVESTORS FROM INDON CANNOT ENTER MALYSIA SO LOTS OF FRUITS NOT COLLECTED
ALL OVER THE WORLD SAME THING IS OCCURING AS WELL
ONE DAY THE WORLD WILL WAKE UP & REALISE NOT ENOUGH FOOD - LEADING TO PANIC BUY & SKY ROCKETING PRICES LIKE NEVER BEFORE
THIS WILL TRIGGER A MULTI YEAR BULL RUN FOR PALM OIL STOCKS JUST LIKE COVID 19 PANDEMIC TRIGGERED RUSH TO STOCK UP MEDICAL GLOVES!!
10) TO SUM IT UP: CHNA GREAT FLOODS WIPE OUT ALL ITS CROPS; CHINA NEEDS SOYMEAL TO FEED ITS PIGS: USA IN DROUGHT AFFECT SOYBEAN PRODUCTION; US DEMAND CHINA BUY MORE SOYBEAN IN TRADE WAR; INDIA COMING DIWALI WILL TURN TO CHEAPER PALM OIL; LACK OF WORKERS WILL CAUSE LESS FRUIT HARVEST
AS OF NOW NO ANAYLST, NO IB BANKERS, NO FUND HOUSES AND NO SIFUs WRITE ABOUT PALM OIL AS YET SO PRICES ARE STILL VERY LOW
TIME TO STUDY DEEPER AND ACT BEFORE OTHERS STAMPEDE & CHASE
BEST REGARDS
Calvin Tan Research
Singapore
Disclaimer
All information provided here should be treated for informational purposes only. It is solely reflecting author's personal views and the author should not be held liable for any actions taken in reliance on information contained herein.
https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/2020-10-10-story-h1534582167-TOP_10_REASONS_WHY_PALM_OIL_STOCKS_MIGHT_GO_UP_IN_A_POWERFUL_BULL_RUN_C.jsp
