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Author: calvintaneng   |   Latest post: Mon, 23 May 2022, 10:47 PM

 

Calvin Tan's Goldenagri Singapore Palm oil reported excellent 580% jump in profit YoY & Up 92% from 14 sen to 27 sen shows Palm Oil is in Bull Run

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Dear Investors of i3 Forum,

Yesterday was a testament to Palm oil Bull Run as Goldenagri which we bought at 14 sen is up a whopping 92% to 27 sen 

Plus Results was a 580% rise YoY!

 

 

Johnzhang Palm oil producer Golden Agri-Resources has reported earnings of US$115 million for 3QFY21 ended Sept 30, up 580% y-o-y from a loss of US$5 million.
Revenue in the same period was up 76% y-o-y to US$2.8 billion,
The company notes that the on-going La Nina weather pattern will impact supply.
Yet, demand has not been “significantly affected” despite the high prices.
“Notwithstanding the more conducive market environment, we remain cautious of any uncertainties from the lingering global Covid-19 pandemic,” the company states.
“Looking forward, industry prospects continue to be positive given palm oil’s important role in supplying the growing global vegetable oil demand.”
Golden Agri-Resources closed Nov 11 at 27 cents, down 1.85% for the day and up 65.63% year to date.
13/11/2021 6:37 AM

 

READ ITS BULLISH OUTLOOK

“Looking forward, industry prospects continue to be positive given palm oil’s important role in supplying the growing global vegetable oil demand.”

 

WE REPEAT IN BOLD

LOOKING FOREWARD, INDUSTRY PROSPECTS CONTINUE TO BE POSITIVE GIVEN PALM OIL'S IMPORTANT ROLE IN SUPPLYING THE GROWING GLOBAL VEGETABLE OIL DEMAND

THIS IS THE REASON WHY CALVIN NOW LIVING IN SINGAPORE IS BULLISH IN MALAYSIAN OVERLOOKED, UNLOVED & MISUNDERSTOOD PALM OIL SHARES

 

See price chart of Goldenagri

 

Market Summary > Golden Agri-Resources Ltd
0.27 SGD+0.11 year to date
12 Nov, 5:04 pm SGT • Disclaimer
SGX: E5H
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1D
 
5D
 
1M
 
6M
 
YTD
 
1Y
 
5Y
 
Max
Open 0.27
High 0.28
Low 0.26
 
Mkt cap 3.40B
P/E ratio 7.45
Div yield 2.84%
 
CDP score C
52-wk high 0.30
52-wk low 0.14

 

 

WHILE gOLDENAGRI (SPORE) IS UP 92% MOST MALAYSIA OIL PALM SHARES STILL ONLY GAINED 0% TO 15%

 

THAT IS THE STRONG REASON WHY WE ARE JUST SO BULLISH WHILE OTHERS REMAIN BEARISH

 

Warm Regards

Calvin Tan

 

Jurong West 

Reuplic of Singapore

 

Please buy or sell after doing your own due diligence or consult wise Reimisier/Fund Manager

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calvintaneng THESE ARE THE SUPERSTOCKS OF MALAYSIA'S OIL PALM LAGGARDS

MID TIER

SOP (SARAWAK OIL PALM)
TAANN
TSH RESOURCES

3RD LINERS

THPLANT
JTIASA
BPLANT

ASSET PLAY OIL PALM

FGV
TDM
WTK
13/11/2021 8:05 AM
calvintaneng OIL PALMS VERSUS SOYBEAN & CANOLA (ALSO CALLED RAPESEED): COMPARE AND CONTRAST THEIR BIOLOGY & ECONOMY, Calvin Tan

https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/2021-11-13-story-h1593815452-OIL_PALMS_VERSUS_SOYBEAN_CANOLA_ALSO_CALLED_RAPESEED_COMPARE_AND_CONTRA.jsp
13/11/2021 10:46 PM


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