This company' s share price has a bit of catching up to do to match Bumi' s recent performance.
FR had embarked SBB since Mar 1 till date with
a total purhased of (5376200 shares avg @ 1.35)
Anecdotal evidence of past records showed that
share price wl rise aftermath..
Alot of scripts been absorbed back by the Co
and the artificial depression wl not last long
Opined FR wl soon embark it' s uptrend and also 
looking fwd to it' s dividend in May and 1Q24 result
 
a total purhased of (5376200 shares avg @ 1.35)
Anecdotal evidence of past records showed that
share price wl rise aftermath..
Alot of scripts been absorbed back by the Co
and the artificial depression wl not last long
Opined FR wl soon embark it' s uptrend and also 
looking fwd to it' s dividend in May and 1Q24 result
 
Yes in terms of relative valuations.
In term of valuations ?
Alignment ( Date: 21-Mar-2024 13:53) Posted:
|
The cheapest companies in this space are Golden Agri and Bumi.
Bumi also a good Co
but somehow FR is more
favoured by the insti...
Wilmar already had.a.good run
and FR wl follow suit
CPO rising . The trend is yr friend.
but somehow FR is more
favoured by the insti...
Wilmar already had.a.good run
and FR wl follow suit
CPO rising . The trend is yr friend.
eddyeddy ( Date: 21-Mar-2024 12:56) Posted:
|
Palm oil is going up , will you all consider Bumitama ?
Flood gate shall be opening soon 
for FR to move upwards
Shld hv a meaningful upside 
for FR to move upwards
Shld hv a meaningful upside 
Yes , sold RS and buy FR , hope can make some kopi money . LOL
msksmsks ( Date: 21-Mar-2024 10:54) Posted:
|
Bro,
Welcome on board.
And congrats to yr RS too
Welcome on board.
And congrats to yr RS too
eddyeddy ( Date: 21-Mar-2024 10:43) Posted:
|
Just bought some .
Palm oil rebounds on strong exports
https://www.xm.com/research/markets/allNews/reuters/palm-oil-rebounds-on-strong-exports-53794662
FR wl be moving up strongly
Chart bottomish and jus trending up
Rising CPO prices wl benefit FR
SBB by the Co rendered some support
3.7ct dividend In May
Vis-a-vis comparison of Q1 shld improve
Cheers
Chart bottomish and jus trending up
Rising CPO prices wl benefit FR
SBB by the Co rendered some support
3.7ct dividend In May
Vis-a-vis comparison of Q1 shld improve
Cheers
Trending sideways and bottomish 
and ripe for a strong rally in tandem
with rising CPO prices 
Opined anytime wl move up 
Let' s see
and ripe for a strong rally in tandem
with rising CPO prices 
Opined anytime wl move up 
Let' s see
msksmsks ( Date: 20-Mar-2024 10:15) Posted:
|
As mentioned b4, i wl look into FR again in 1Q24
CPO prices had risen steadily since early this year
and that wl agurs well for FR gg fwd.
In addition, Co had been doing SBB recently and 
if history were to repeat again, we shld see FR
rise and shine again
Vested
 
CPO prices had risen steadily since early this year
and that wl agurs well for FR gg fwd.
In addition, Co had been doing SBB recently and 
if history were to repeat again, we shld see FR
rise and shine again
Vested
 
msksmsks ( Date: 14-Nov-2023 09:26) Posted:
|
Palm oil price chiong since the start of this year. Going to be very positive for the palm oil companies.
Company actively sbb recently.
Vested some this week
Vested some this week
First Resources 2H stronger than 1H. Similar story to Golden Agri - bodes well for 2024 given Palm Oil pricing dynamics.
Bumitama didn' t announce dividend on result day ?  Is this their usual pattern ?
 
 
Cadence88 ( Date: 14-Nov-2023 16:35) Posted:
|
Likely rebound to 1.60