2.31BMarket Cap9.68P/E (TTM)
1.510High1.480Low1.56MVolume1.490Open1.490Pre Close2.33MTurnover1.60052wk High0.38%Turnover Ratio1.55BShares1.25652wk Low0.154EPS TTM619.24MFloat Cap1.957Historical High12.21P/E (Static)415.60MShs Float0.117Historical Low0.122EPS LYR2.01%Amplitude0.06Dividend TTM1.36P/B100Lot Size4.16%Div YieldTTM
First Resources Stock Forum
Who are the beneficiaries of HIGH CPO PRICES? Look at the YIELDS as disclosed in their annual reports.
Wilmar CPO yield = 21MT/ Hectare
Golden Agri CPO yield = 5.4MT/ Hectare
First Resources CPO yield = 18.4MT / Hectare
Genting Plantations 17.6MT/ Hectare
Wilmar has the highest yields of all SGX listed plantation counters due to constant replanting to maintain the primeness and young age of their plantation
Plantation counters are likely to be in focus this week as Palm oil continues to make new highs.
market is waking up and realising that CPO supply is not as high as thought.
soybean oil has also hit up higher
key beneficiaries of higher CPO prices
wilmar's plantation profile is relatively young compared to $Golden Agri-Res (E5H.SG)$ and is more productive
Rough start - mistakes made and USD devaluation set me back -8% from my total capital injection (no withdrawal made).
I insisted not to inject any new capital until and unless I prove to myself I can beat the market.
Over time, the strategy and tactics I want to deploy became clearer to me.
1) My safe haven is my MY ...
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Let's look at the favourable points of this share, and you can share with me what are if any unfavourable points I missed in the comment section.
1) Dividend
2) Geographically divisified and has a strong SEA focus
3) Stronger EPS, reasonable PE & favourable BVPS, slightly better than its peers (I chose Olam Group and Bumitama as benchmark in the comparison below)
4) Palm oil sector is promising
5) SEA strong m...
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