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61-80 of 1113
$1.6 faster than expected.
beng1102 ( Date: 28-Feb-2025 10:43) Posted:
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I thinked we are seeing this soon
msksmsks ( Date: 25-Feb-2025 11:47) Posted:
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Pick a Businesses, Not Stocks
When a Business does well,
The stock should eventually follows
Warren Buffet quotes
When a Business does well,
The stock should eventually follows
Warren Buffet quotes
I strongly agree with you and DBS. $2.00 should not be a problem by mid 2025.
The current share price at $1.52 is above 10, 20, 50, 100 and 200 days moving average.
The current share price at $1.52 is above 10, 20, 50, 100 and 200 days moving average.
msksmsks ( Date: 03-Mar-2025 09:25) Posted:
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There wl be a good play up for FR being CPO
staying elevated at current lvl
Final div $0.063
XD - May 6
Payment - May 15
FR shld go higher than recent high 0f 1.61
DBS target price of $2
PDYODD
staying elevated at current lvl
Final div $0.063
XD - May 6
Payment - May 15
FR shld go higher than recent high 0f 1.61
DBS target price of $2
PDYODD
Be prepared for a good run. Supported by strong fundamentals.
beng1102 ( Date: 28-Feb-2025 10:43) Posted:
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First Resources H2 profit climbs 91.9% to US$141.8 million
Final dividend of S$0.063 per share is proposed, payable on May 15
FIRST Resources : EB5 +2.1% on Friday (Feb 28) reported a 91.9 per cent surge in net profit to US$141.8 million for the second half ended Dec 31, from US$73.9 million in the previous corresponding period.
This came as profit from operations rose 90.3 per cent to US$193.5 million from US$101.7 million, on the back of &ldquo record production and higher average selling prices&rdquo , said the palm oil producer. Earnings per share stood at US$0.0916 for the half-year period, up from US$0.0472 the previous year.
Sales rose 9.4 per cent to US$581.5 million from US$531.8 million, driven by stronger palm oil prices.
A final dividend of S$0.063 per share was proposed, up from S$0.037 per share in the year-ago period. The dividend will be paid on May 15, following the record date of May 7.
This brings the full-year dividend to S$0.098 per share, higher than the prior year&rsquo s S$0.062 per share, and represents 50 per cent of the group&rsquo s underlying net profit.
For the full year, net profit rose 69.1 per cent to US$245.8 million from US$145.4 million. Profit from operations was up 70.2 per cent at US$337 million from US$198.1 million. Sales for the year were up 5.9 per cent to US$1.04 billion from US$980.6 million, bolstered by stronger market prices.
On the production front, the group recorded a new high of 3.8 million tonnes in fresh fruit bunches, with a strengthened yield of 19.5 tonnes per hectare as compared to FY2023.
Crude palm oil (CPO) production surpassed one million tonnes during the year, with CPO yield improving to 4.3 tonnes per hectare in FY2024 from 4.2 tonnes per hectare the year before.
The group highlighted its &ldquo robust financial position&rdquo with gross gearing ratio at 0.18 times, as well as cash and bank balances of US$157.2 million as at end-December.
Looking ahead, Ciliandra Fangiono, chief executive of First Resources, said: &ldquo Indonesia&rsquo s expansion of its biodiesel mandate from B35 to B40 in 2025 is expected to tighten global palm oil supplies and support prices.&rdquo
The policy calls for a mandatory mix of palm oil in biodiesel.
&ldquo At the macro level, the group will continue to be vigilant of developments in the regulatory and macroeconomic environment, including geopolitical trade tensions and their potential impact on the market prices of palm and other competing oils,&rdquo he said.
Both price and volume close strongly volume is 2.5 times the average volume of the last 120 trading days.
beng1102 ( Date: 28-Feb-2025 10:43) Posted:
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STRONG BUY. Soon to test $1.6.
Rightstock ( Date: 28-Feb-2025 09:50) Posted:
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Overall good results.
Net profit up 69%
Good dividend of 6.30c for second half plus 3.50c for first half (total dividend for 2004 - 9.8c).
Net profit up 69%
Good dividend of 6.30c for second half plus 3.50c for first half (total dividend for 2004 - 9.8c).
msksmsks ( Date: 28-Feb-2025 08:59) Posted:
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Well done.
Result good and giving 6 cts
final dividend
Reverse upwards
Result good and giving 6 cts
final dividend
Reverse upwards
It' s been a long extension , technically
Abt time for a strong reversal upwards
Abt time for a strong reversal upwards
CPO rising steadily to 4637 after some pullbk
Yet FR is being whacked down .
Awaits trend reversal
Yet FR is being whacked down .
Awaits trend reversal
As of writing, CPO already abv 4700 lvl
The artificial depression won' t last long
Bumi already turned positive
Expecting a good set of 2H24 result and higher
dividend payout.
Gg fwd, susbsequent qtrs wk be better than last
year
Cheers
The artificial depression won' t last long
Bumi already turned positive
Expecting a good set of 2H24 result and higher
dividend payout.
Gg fwd, susbsequent qtrs wk be better than last
year
Cheers
msksmsks ( Date: 11-Feb-2025 09:12) Posted:
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CPO rising steadily abv 4600 level
The lid wl be lifted soon with share
price wl follow in tandem
PDYODD
The lid wl be lifted soon with share
price wl follow in tandem
PDYODD
With CPO rising abv 5K level during 4Q last year,
only bodes well for palm growers and presumably their
profitability wl be good and expecting higher dividend payout
when they report their earnings for 4Q or 2H24 this month
In addition, with elevated CPO at current lvl , only agurs
well for their subsequent qtrs for FY25
Looking fwd a strong surge in share price
PDYODD anfd happy investing
only bodes well for palm growers and presumably their
profitability wl be good and expecting higher dividend payout
when they report their earnings for 4Q or 2H24 this month
In addition, with elevated CPO at current lvl , only agurs
well for their subsequent qtrs for FY25
Looking fwd a strong surge in share price
PDYODD anfd happy investing
Bumitama, IOI ... are also in the lull. COuld be some reason behind?
Lagging behind CPO uptrend.
Wl reverse its course and
resume uptrend
Wl reverse its course and
resume uptrend
Trading volume dwindled
CPO creeping up
Awaits bullish reversal in anticipation
of better result and higher dividend
CPO creeping up
Awaits bullish reversal in anticipation
of better result and higher dividend
Mrng folks,
Wishing everyone a happy Lunar Chinese New Year
Cheers
Wishing everyone a happy Lunar Chinese New Year
Cheers