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On the correct track. Halcyon Agri has 9% global market share for natural rubber and latex.
crystalbee ( Date: 06-Jul-2021 15:20) Posted:
EBITDA for quarter ended 31 March 2021 1QFY2021 was US$14.1mill (S$18.8mill) and since rubber prices are still high, profits for FY2021 should be good. Don' t sell low now, better to wait.
boringguy ( Date: 05-Jul-2021 13:37) Posted:
| any new ?? the share price keep drop but TSR20 maintain around 158 to 165 |
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Just look at today' s trading volume....13mill is multiple times higher than 1.7mill for whole of yesterday. Share price moving up too.
Not sure...
i think is because of the supply issues... malaysia, thailand and indonesia getting covid worst..
where halycon argi production and plantation at different country will have more advantage...
crystalbee ( Date: 14-Jul-2021 21:39) Posted:
| Nice close $0.265. Never see $0.265 for 1 month liao. Any good news coming? |
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Nice close $0.265. Never see $0.265 for 1 month liao. Any good news coming?
Halcyon Agri twitter shared below video....
coming soon Natural rubber could be shortage cause Thailand, Malaysia and indonesia covid situation getting worst and will direct impact the natural rubber production....expect the natural rubber price will keep increase
https://www.youtube.com/watch?v=p_9XvHBb3nw
Probably those who cannot wait. Or maybe they sell to make up for loss in another stock or to buy another hot stock.
boringguy ( Date: 06-Jul-2021 17:05) Posted:
| i still holding.. my average price 0.260... going to add on... just wonder why who is throwing the share.. |
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i still holding.. my average price 0.260... going to add on... just wonder why who is throwing the share..
EBITDA for quarter ended 31 March 2021 1QFY2021 was US$14.1mill (S$18.8mill) and since rubber prices are still high, profits for FY2021 should be good. Don' t sell low now, better to wait.
boringguy ( Date: 05-Jul-2021 13:37) Posted:
| any new ?? the share price keep drop but TSR20 maintain around 158 to 165 |
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any new ?? the share price keep drop but TSR20 maintain around 158 to 165
Natural rubber prices (indicated by SICOM TSR20 1st position) closed at US$1,662 per MT in the first quarter of 2021 following a pullback from a four-year high of US$2,000 per MT in end-February 2021. Prices were supported by pent-up demand post-lockdowns and tightened supply due to early-wintering and above-normal rainfall in Southeast Asia, a key rubber producing region, during Q1 2021. Q1 2021 closing price represents an increase of 10.6% and 60.1% over Q4 2020 and Q1 2020 closing prices, respectively. Global economic recovery remains strong, as shown by recent gross domestic product (GDP) growth numbers from the US and China, two of the world&rsquo s largest economies. Similar sentiment was echoed by the International Monetary Fund (IMF), which increased its global growth projections for 2021 and 2022 to 6% and 4.4% (previously 5.5% and 4.2%) respectively. While global recovery gathers strength, the global shortage of shipping containers has caused enormous strain on the international supply chains. Such a situation has disrupted global trade, hindering the movement of natural rubber cargoes from Asia to Europe and the US. This had a domino effect down the supply chain, where the customers that procured rubber from Asia are hampered with shipment delays, or suffered higher freight costs. The Group believes that these developments will provide further tailwinds for natural rubber demand and prices in near-to-middle term. As an integrated global supply chain manager for natural rubber, Halcyon Agri is well-positioned to leverage its strong presence in major rubberproducing regions and its extensive global distribution network to source, process and distribute its rubber products internationally.
Agreed, 1st quarter business update is promising. We shall
look at 1st half yearly result in august/sept.
boringguy ( Date: 25-May-2021 10:59) Posted:
Yes.. current level just collect it only..hold another 3 months will know the result..
pre-covid average ASP around 1500 price about 0.45.. now ASP for first three month average around 1700..
if the ASP maintain 1700 for next three months i believe the share price should not 0.26-0.28
contarian ( Date: 25-May-2021 10:29) Posted:
PRC imports of rubber up by 150,000mt JAN - APR, while PRC natural rubber inventory levels are down by 130,000mt. High operating rates, record imports.
This will trend continue to bolster rubber prices into the second half of 2021. Once ASP > unit costs, their plantation segment will flip from loss to profit -> that' s the point to look out for.
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Agree, will need to track TSR20 prices quite closely as there is a strong correlation to HA' s bottomline.
Ligaya ( Date: 25-May-2021 17:48) Posted:
the waiting game is the same to turnaround
Halcyon rubber also part of gloves supply chain, only difference they do not make gloves
instead of looking at gloves ASP, we are looking at rubber ASP
crystalbee ( Date: 25-May-2021 14:10) Posted:
Not the same as STA because besides rubber, STA is in gloves biz and starting hemp biz. Best to compare Halcyon Agri with pure rubber counter. Frankly it won' t be up 70% like STA but it will go up.
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last year was not around, this year can turn around
rainbowman ( Date: 25-May-2021 17:23) Posted:
Disappointing because turnaround time was lagging too long, considering the significant recovery in natural rubber prices since mid last year. I'm vested, patiently hope next few quarters uptrend. Btw, net profits not reported..no guesses, lol
crystalbee ( Date: 25-May-2021 17:00) Posted:
| Why disappointing? They just reported EBITDA of US$14.1mill for 1Q21. 4Q20 EBITDA was US$0.2mill |
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the waiting game is the same to turnaround
Halcyon rubber also part of gloves supply chain, only difference they do not make gloves
instead of looking at gloves ASP, we are looking at rubber ASP
crystalbee ( Date: 25-May-2021 14:10) Posted:
Not the same as STA because besides rubber, STA is in gloves biz and starting hemp biz. Best to compare Halcyon Agri with pure rubber counter. Frankly it won' t be up 70% like STA but it will go up.
Ligaya ( Date: 25-May-2021 12:44) Posted:
need to be patient as when STA was flipping around 1.10 to 1.20
current level collect below nav |
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Disappointing because turnaround time was lagging too long, considering the significant recovery in natural rubber prices since mid last year. I'm vested, patiently hope next few quarters uptrend. Btw, net profits not reported..no guesses, lol
crystalbee ( Date: 25-May-2021 17:00) Posted:
Why disappointing? They just reported EBITDA of US$14.1mill for 1Q21. 4Q20 EBITDA was US$0.2mill.
rainbowman ( Date: 25-May-2021 16:03) Posted:
| Last time ang mo mgt, now chinese mgt, both quite disappointing need change to thai mgt? lo |
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Why disappointing? They just reported EBITDA of US$14.1mill for 1Q21. 4Q20 EBITDA was US$0.2mill.
rainbowman ( Date: 25-May-2021 16:03) Posted:
Last time ang mo mgt, now chinese mgt, both quite disappointing need change to thai mgt? lol
crystalbee ( Date: 25-May-2021 14:10) Posted:
Not the same as STA because besides rubber, STA is in gloves biz and starting hemp biz. Best to compare Halcyon Agri with pure rubber counter. Frankly it won' t be up 70% like STA but it will go up.
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Last time ang mo mgt, now chinese mgt, both quite disappointing need change to thai mgt? lol
crystalbee ( Date: 25-May-2021 14:10) Posted:
Not the same as STA because besides rubber, STA is in gloves biz and starting hemp biz. Best to compare Halcyon Agri with pure rubber counter. Frankly it won' t be up 70% like STA but it will go up.
Ligaya ( Date: 25-May-2021 12:44) Posted:
need to be patient as when STA was flipping around 1.10 to 1.20
current level collect below nav |
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Not the same as STA because besides rubber, STA is in gloves biz and starting hemp biz. Best to compare Halcyon Agri with pure rubber counter. Frankly it won' t be up 70% like STA but it will go up.
Ligaya ( Date: 25-May-2021 12:44) Posted:
need to be patient as when STA was flipping around 1.10 to 1.20
current level collect below nav
boringguy ( Date: 25-May-2021 10:59) Posted:
Yes.. current level just collect it only..hold another 3 months will know the result..
pre-covid average ASP around 1500 price about 0.45.. now ASP for first three month average around 1700..
if the ASP maintain 1700 for next three months i believe the share price should not 0.26-0.2 |
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Yes..Totally agreed need patient and wait for it
need to be patient as when STA was flipping around 1.10 to 1.20
current level collect below nav
boringguy ( Date: 25-May-2021 10:59) Posted:
Yes.. current level just collect it only..hold another 3 months will know the result..
pre-covid average ASP around 1500 price about 0.45.. now ASP for first three month average around 1700..
if the ASP maintain 1700 for next three months i believe the share price should not 0.26-0.28
contarian ( Date: 25-May-2021 10:29) Posted:
PRC imports of rubber up by 150,000mt JAN - APR, while PRC natural rubber inventory levels are down by 130,000mt. High operating rates, record imports.
This will trend continue to bolster rubber prices into the second half of 2021. Once ASP > unit costs, their plantation segment will flip from loss to profit -> that' s the point to look out for.
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