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KLSE: IJMPLNT       IJM PLANTATIONS BHD
Last Price Avg Target Price   Upside/Downside Price Call
1.81 1.98     +0.17 (9.39%)
* Average Target Price, Price Call and Upside/Downside are derived from Price Targets in the past 6 months.
** Price Targets are adjusted for Bonus Issue, Shares Split & Shares Consolidation (where applicable).
Date Open Price Target Price Upside/Downside Price Call Source News
07/04/2021 1.74 1.80 +0.06 (3.45%) HOLD KENANGA Price Target News
07/04/2021 1.74 2.29 +0.55 (31.61%) BUY HLG Price Target News
07/04/2021 1.74 1.90 +0.16 (9.20%) HOLD AmInvest Price Target News
26/02/2021 1.84 1.95 +0.11 (5.98%) HOLD KENANGA Price Target News
26/02/2021 1.84 2.29 +0.45 (24.46%) BUY HLG Price Target News
26/02/2021 1.84 1.90 +0.06 (3.26%) HOLD AmInvest Price Target News
26/02/2021 1.84 2.43 +0.59 (32.07%) BUY AffinHwang Price Target News
11/02/2021 1.70 2.29 +0.59 (34.71%) BUY HLG Price Target News
27/01/2021 1.70 2.29 +0.59 (34.71%) BUY HLG Price Target News
26/01/2021 1.71 1.90 +0.19 (11.11%) HOLD AmInvest Price Target News
21/01/2021 1.80 2.29 +0.49 (27.22%) BUY HLG Price Target News
12/01/2021 1.93 2.29 +0.36 (18.65%) BUY HLG Price Target News
11/01/2021 1.88 1.70 -0.18 (9.57%) SELL KENANGA Price Target News
08/01/2021 1.85 2.17 +0.32 (17.30%) BUY HLG Price Target News
05/01/2021 1.84 2.17 +0.33 (17.93%) BUY HLG Price Target News
11/12/2020 1.87 2.17 +0.30 (16.04%) BUY HLG Price Target News
07/12/2020 1.93 2.17 +0.24 (12.44%) BUY HLG Price Target News
26/11/2020 1.82 1.82 0.00 (0.00%) HOLD MIDF Price Target News
26/11/2020 1.82 1.70 -0.12 (6.59%) SELL KENANGA Price Target News
26/11/2020 1.82 1.78 -0.04 (2.20%) HOLD HLG Price Target News
26/11/2020 1.82 1.90 +0.08 (4.40%) HOLD AmInvest Price Target News
26/11/2020 1.82 2.43 +0.61 (33.52%) BUY AffinHwang Price Target News
18/11/2020 1.88 1.70 -0.18 (9.57%) SELL KENANGA Price Target News


Price Target Research Article/News (past 6 months)
07/04/2021  KENANGA IJM Plantations - Slower Recovery of Crops
07/04/2021  HLG IJM Plantations - Flattish Output Growth in FY22
07/04/2021  AmInvest IJM Plantations - FFB yields still soft
26/02/2021  KENANGA IJM Plantations Berhad - Above Expectations
26/02/2021  HLG IJM Plantations - Boosted by Higher Palm Product Prices
26/02/2021  AmInvest IJM Plantations - Price gap widening between M’sia and Indonesia CPO
26/02/2021  AffinHwang IJM Plantations - 9MFY21: Solid Results on Higher CPO Prices
11/02/2021  HLG Plantation - Low Stockpile to Remain
27/01/2021  HLG Plantation - Better upside to mid-sized upstream players
26/01/2021  AmInvest IJM Plantations - Indonesia to drive FY21F FFB output
21/01/2021  HLG Plantation - Better upside to mid-sized upstream players
12/01/2021  HLG Plantation - Multi-year Low Stockpile
11/01/2021  KENANGA Plantation - POTS Digital 2021 Takeaways
08/01/2021  HLG Plantation - POTS: Neutral-bullish price undertone
05/01/2021  HLG Plantation - Strong price sentiment to sustain for a while
11/12/2020  HLG Plantation - Lowest stockpile since Jun-17
07/12/2020  HLG Plantation - Strong price sentiment to sustain into 1Q21
26/11/2020  MIDF IJM Plantations Berhad - Limited benefit from higher commodity prices
26/11/2020  KENANGA IJM Plantations - Deemed Within Expectations
26/11/2020  HLG IJM Plantations - Higher palm product prices lift earnings
26/11/2020  AmInvest IJM Plantations - Widening gap of M’sia–Indonesia CPO prices
26/11/2020  AffinHwang IJM Plantations - 6MFY21: Above Our Expectations
18/11/2020  KENANGA IJM Plantations - Lacks Appeal



  3 people like this.
 
William Ng So quiet
15/01/2020 6:44 PM
LouiseS Based on comparison of 44 plantation counters listed in Bursa Malaysia, it is found that currently IJM is not ranked as one of the TOP 8 plantation counters worthy to pay attention to and potentially invest in. However, IJM stands out in performance indicators such as having strong support from institutional investors.

https://louisesinvesting.blogspot.com/2020/01/comparison-of-major-plantations.html
27/01/2020 2:01 PM
dlau8899 Palm oil price up
06/02/2020 1:51 PM
dlau8899 Profit up a lot.Going up above 2.20 as soon
25/02/2020 8:44 PM
Plantermen Companies with big planted acreage in Indonesia will be hit. With covid 19 outbreak and lack of medical facilities in remote areas and the outflow of migrant workers coming Raya [a social potential time bomb] Indonesia has reported alarming high fatalies rate among the infected
09/04/2020 8:59 AM
Hooi369 erm..im new here...but i was thinking whether indonesian care about covid...if i look at total population versus total tested person...a bit surprise...look like they dont care at all...
07/07/2020 1:54 PM
emilychee As well as the bargain oil image, local media reports that say palm has a high saturated fat content have turned people off. That’s kept a lid on household demand, which account for just 18% of total palm usage.
10/07/2020 3:58 PM
emilychee Now, Covid-19 has exacerbated the problem as more people avoid eating out, hurting demand from a service sector that makes up more than 30% of imports. Total palm oil purchases shrunk 31% in the first eight months of the marketing year that began in November, while sunflower grew 17% and soybean oil climbed 13%.
10/07/2020 3:58 PM
emilychee To boost household consumption, the palm industry needs to launch a nationwide campaign similar to how poultry farmers began promoting eggs in the 1980s, said Angshu Mallick, the deputy chief executive officer (CEO) of Adani Wilmar Ltd, a vegetable oil processor.
10/07/2020 3:58 PM
tkk1127 https://cdn1.i3investor.com/my/files/st88k/2216_IJMPLNT/qr/2020-06-30/2216_IJMPLNT_QR_2020-06-30_IJMP21Q1_-1459255228.pdf
Excellent result
26/08/2020 5:22 PM
Gtrade Harga CPO lambung lagi
Makan roti tak perlu lagi
Pekebun sawit senyum di hati
Buang kancil Protonx70 yg mari
Saham sawit sikit sikit beli
22/09/2020 10:55 AM
Plantermen Expect coming qtr result to double { higher CPO prices}
16/11/2020 11:45 PM
Chua Zhi En Price target given by Kenanga was way lower than the market price today.
18/11/2020 12:52 PM
Jonathan Keung Do your homework and look at other planter results. CPO prices has a direct impact on plantation performance. Higher CPO prices , better P&L { good dividend } and higher stock prices.look at glove makers. Share split , higher dividend payout, darling's of the stock rally.
21/11/2020 7:27 AM
Jonathan Keung Ijm plant engine start warming up. Go go
23/11/2020 11:09 AM
Chua Zhi En I did bought Ijmplant but it seems like he is one of the weakest in this recent run.
23/11/2020 12:39 PM
Jonathan Keung Agreed .low volume { punters not viewing at planters profile }
24/11/2020 6:42 AM
SelfMadeMillionaire Will budget 2021 pass? Tengku Razaleigh and a few BN MPs refuses to support the budget, if Budget fails, market will crash? Buy now or sell? How? If budget fails, parliament dissolve? market crash?
25/11/2020 1:21 AM
Jonathan Keung Pm { Mooohidin} sure "kawdin" appoint more deputy and minister posts .plenty of Glic and statutory bodies appointment. minister{s} and deputy in the PM Dept can be increase { not forgetting government controlled banks , pnb , mara, Felda, felcra, risda, mpoc, Mpob,KWSP, KWAP, Ltat etc
25/11/2020 7:20 AM
stockraider I still remember when sifu calvin 1st promoted Gloves beginning of the year, if Raider just listen to sifu calvin n buy....b4 the price spike up, raider would have make few hundred percent gain loh...!!

Raider regret did not follow & do it immediately, when gloves still at a very low affordable price loh...!!

Raider now realise plantation stocks are something like Gloves situation beginning of the Year mah...!!

Just buy b4 spike up loh...!!

Posted by calvintaneng > Nov 25, 2020 11:54 AM | Report Abuse

As cpo prices maintain above Rm3300 a tonne all palm oil stocks will be good to very good



Posted by calvintaneng > Nov 25, 2020 11:56 AM | Report Abuse

As a rising tide of lifts all boats so rising cpo prices will be universally good for all palm oil share as a whole
25/11/2020 1:17 PM
stockraider Remember loh...!!

A Genuine Bull Run Comes like Incoming Waves on the Sea Shore

IT COMES IN 3 STEPS. THEN PULLS BACK 2 STEPS

AND IT RETURNS AGAIN IN 3 WAVES THEN WITHDRAWS IN 2 WAVES

THESE WAVES PATTERNS ARE LIKEN TO A GENUINE BULL RUN (AS OPPOSED TO QUICK PUMP & DUMP STOCKS WHICH ARE JUST FLASH IN THE PAN: IT FLASHES UP!. DRAWS IN SORCHAI. BURNT THEM KAW KAW. THEN GAME OVER)

NOT FOR GENUINE BULL RUN STOCKS THAT TAKE MONTHS OR EVEN YEARS TO RUN

Advanced Vocabulary for English Language Learners: A flash in the pan

ABOVE: FLASH IN THE PAN. PUMPED LIMIT UP. THEN DUMP TO SORCHAI

BELOW: BOILING WATER:

IT TAKES TIME TO SLOWLY BOIL

FROM ROOM TEMPERTURE

TO WARM

TO HOT

TO STEAMING HOT

IT ALSO TAKE QUITE SOME TIME TO RETURN

FROM STEAMING HOT

TO HOT

TO WARM

TO ROOM TEMPERATURE

The physics of a boiling kettle – my question to the commission! | Roger Helmer MEP

WHILE PALM OIL SHARES ARE TURNING FROM ROOM TEMPERATURE TO WARM (IT WAS LUKEWARM)

MEDICAL GLOVES ARE DESCENDING FROM STEAMING HOT TO HOT = LAT
25/11/2020 1:36 PM
Chua Zhi En not much surprised? damn...
25/11/2020 5:52 PM
Plantermen Agreed with all the sifu moments. Somehow plantation stks still lack the punch. Lack lustre performance despite CPO prices on the uptrend for the past 8-9 months{ punters prefer the pump and dump penny stocks}
26/11/2020 7:35 AM
Plantermen Errata ` should read as sifu comments `
26/11/2020 7:36 AM
Plantermen India cuts its crude palm oil duty by 10% to 27.5% effective from 27 Nov { today} the duty reduction will increase imports by 100,000tonnes a month
27/11/2020 6:24 PM
Jonathan Keung Strong CPO rebound yesterday evening. Up> +$105 per tonne { Dec,Jan, Feb , Mar ,Apr }
28/11/2020 9:10 AM
Plantermen December CPO traded 3,690 per tonne
05/12/2020 2:49 PM
stockraider The direction is strong accumulation for IJMPLANT mah...!!

This company has 60k planted hectarage in sabah & indonesia, alot of its plantation is emerging as prime stage mah!
This will boost its revenue & profits with good cpo price loh...!!

U can expect superb result this coming December qtr mah...!!

Strong buy, do not missed loh!

What does this cpo price trend below tell U leh ??

Date Settlement Price RM
3 Dec 20 3332
2 Dec 20 3316
1 Dec 20 3347
30 Nov 20 3305
27 Nov 20 3338
26 Nov 20 3227
25 Nov 20 3285
24 Nov 20 3249
23 Nov 20 3326
20 Nov 20 3288

Ans; Rising CPO price and Rising Profit loh!!

Until Sept latest qtr result cpo average is roughly rm 2600 mah!!

December QTR we will be seeing conservatively Average Price Rm 3200, that is 23% increase in price n this increase revenue will all goes to the bottom line profit as there are no cost applicable to revenue generated from price increase loh...!!

Just imagine if Average palm oil price is Rm 2800, U already see super strong profit loh!! But now we are at above 3500 loh...!!

Can U forecast & project what will palmoil company potential profit at rm 3500 cpo leh ?
05/12/2020 3:44 PM
stockraider That means the upside of palmoil above Rm 3500 is still sustainable going fwd loh!!


"Soya Bean Oil {SBO} price premium over CPO currently stand at USD 195 per tonne. Consumers in India, Pakistan and other sub continents are price sensitive."!
05/12/2020 3:54 PM
Chua Zhi En I have bought in IJMPLANT but unfortunately to inform u that they will hit by Indonesia new export levy that is extremely unreasonable. The latest export levy is worst than sins tax. If price hit 4000 then they might really get benefit (asp could only 3100+ after deduct export levy). But tbh I can see CPO beyond 2008/2012 high so despite the bad news(export levy imposted) the trend will still be around.
05/12/2020 11:54 PM
Chua Zhi En The one will benefit the most at this moment is those company without indonesia operation. Pure Malaysia plantation. And thanks to Indo gov policy that out of mind.
05/12/2020 11:56 PM
Keyman188 Keyman188 still can recall...


During 2014, when CPO average price was 2780, Plantation index was around 9400 level...


But as per today, CPO average price is standing 3350, Plantation index only 7349 (as per Friday closing) level...


So any CPO expert can guide this naive Keyman188 why so much different ???...


Perhaps CPO price gradually increased but overall oil palm planter companies unable to deliver great performance results !!!......
06/12/2020 12:13 PM
stockraider NOT NECESSARY THAT BAD LOH...!!

THEY CAN SELL CPO TO LOCAL VALUE ADDED INDUSTRY, AFTER PROCESSING THEY CAN EXPORT HIGHER VALUE ADDED PRODUCT WITHOUT BEING TAX LOH..!!

THE INDONESIAN GOVT WANTED TO DISCOURAGE RAW MATERIAL LIKE CPO BEING EXPORTED WITHOUT VALUE ADDED MAH...!!



Posted by Chua Zhi En > Dec 5, 2020 11:54 PM | Report Abuse

I have bought in IJMPLANT but unfortunately to inform u that they will hit by Indonesia new export levy that is extremely unreasonable. The latest export levy is worst than sins tax. If price hit 4000 then they might really get benefit (asp could only 3100+ after deduct export levy). But tbh I can see CPO beyond 2008/2012 high so despite the bad news(export levy imposted) the trend will still be around.
06/12/2020 12:18 PM
stockraider The main usage for Soy Bean are as food for human & Pigs and the oil for cooking. It is therefore more economical compare to Oil Palm as it has dual purpose. So, market willing to pay higher price for Soy Bean compare to Soy Bean. Soya Bean food for human, Soya meals food for animals & soya oil {SOB} for cooking.

SOB 4th Dec is USD0.3841 per pound or RM0.3841x4 x 2.2x1000 = RM 3380 per MT. Which is lower than RM3502 for CPO on 3rd Dec.

SBO has been traditionally USD50-80 higher price than CPO.

But Since Nov 2020, CPO price overtook SBO by USD15/MT and now is higher by USD30. This happens could be few reasons,

1) Africa Swine Flu have killed many pigs. The main food for pigs are Soy Bean Meals. When number of pigs are low, the demand for Soy Bean also lower. Cause is not economical if just buy to press oil.

2) Market shortage of Soy Bean due to dry weather and Soy Bean Oil from the bean are very much lower % compare to Oil Palm, so, it will not be economical if purely press the Soy Bean just for the Oil but not to feed the pigs and human. So, the SBO become shortage.

3) The main exporter for Soy Bean is shortage of Soy Bean and have to import Soy Bean this year. When SBO shortage, price for SBO increase, CPO price also increase.

4) End November 2020 India reduces Taxes for CPO to 27.5% from 37.5%. This has increase the demand for CPO.

But, what ever reasons are. The most important good CPO price is good to Malaysia, good to Oil Palm planters, good for Oil Palm investors like us ..
06/12/2020 12:42 PM
Plantermen Indonesia jack up their CPO export levy. Good for Malaysian based planters
07/12/2020 11:43 AM
WealthSoWonderful For those serious mature sensible minded long term investors among y'all ... Do consider TopGlove as another egg in your basket, another arrow in your quiver, another string to your bow
11/12/2020 1:30 PM
WealthSoWonderful TOPGLOVE FOR LONG TERM INVESTMENT: A QUICK PRIMER

TopGlove IPO price RM2.70 March 2001

2,000 units = RM5,400

Bonus issues:
2002 3:10 ==> 2,600 units
2003 2:5 ==> 3,640 units
2005 1:1 ==> 7,280 units
2007 2:5 ==> 10,192 units
2010 1:1 ==> 20,384 units
2016 1:1 ==> 40,768 units
2018 1:1 ==> 81,536 units
2020 2:1 ==> 244,608 units

Today 244,608 units x RM8.70/unit = RM2,128,089

Capital Appreciation = From RM5,400 to RM2,128,089 in just 19 years

This is clear solid undoubtable undeniable evidence of the awesome benefit by way of exponential growth that you get from investing long term in TopGlove

Anyways, this is not a call for buy or sell, but just sharing of some inspirational motivational confidence-building information.

Do your own due diligence

Invest at your own risk
11/12/2020 1:30 PM
Keyman188 Post removed. Why?
13/12/2020 8:57 PM
Pingman should benefit from super high CPO price
12/01/2021 10:10 PM
weiyiploh anyone can tell me whats wrong with this share? CPO sky high but the share price drop rock bottom.
09/02/2021 5:50 PM
Chua Zhi En giving you chance to buy more haha
09/02/2021 6:01 PM
XxxxXzz Agree, coming qr should be superb good. Based on quantity and selling price increase compared to last qr
10/02/2021 8:29 AM
stockraider THE SUPER UPSIDE OF PALMOIL COMING LOH!

CHICAGO: U.S. corn futures dropped on Tuesday after the U.S. Department of Agriculture projected supplies of the grain above market expectations in a monthly report, taking prices down from 7-1/2 year highs posted earlier in the day.

Soybean futures rose to a three-week top on a tighter supply outlook by the USDA, rebounding from an earlier slump triggered by sinking corn futures. Wheat ended down even as the USDA slashed its global stocks view by far more than analysts expected.

Corn led the sell-off as the USDA only minimally trimmed its U.S. end-of-season stocks outlook and raised its export forecast by less than many traders had anticipated following record-large sales to China.

Tightening supplies of the feed grain and rising prices have prompted a shift by some livestock producers to use other feeds, including wheat.

"The surprise in the report is that the government only took (U.S. corn) exports up 50 million bushels despite the fact that we had huge Chinese buying," said Don Roose, president of U.S. Commodities.

"With global wheat stocks down 9 million metric tons, the USDA is trying to say that we are going to feed more wheat globally," Roose said.

USDA projected U.S. corn ending stocks for the 2020/21 marketing year at 1.502 billion bushels and soybean ending stocks at 120 million bushels, both down from January. Analysts polled by Reuters had expected corn ending stocks of 1.392 billion and soy ending stocks of 123 million.

Chicago Board of Trade March corn futures were down 7-1/2 cents at $5.56-1/4 a bushel after peaking at $5.74-1/4 before the report, the highest for a most-active contract since June 2013.

March soybeans were up 14 cents at $14.01-3/4 a bushel after briefly trading lower on the day. CBOT March wheat was down 6-1/4 cents at $6.49-1/2 a bushel.
10/02/2021 8:33 AM
Petronas Post removed. Why?
12/02/2021 9:05 AM
Petronas Post removed. Why?
12/02/2021 6:48 PM
tkk1127 superb result just announced. Hope it will fly steadily since tomorrow.
25/02/2021 5:45 PM
Toppick2019 https://klse.i3investor.com/blogs/Momentum/2021-03-14-story-h1542179808-The_most_undervalued_plantation_stocks_ranking_by_PER_and_windfall_prof.jsp
15/03/2021 10:46 AM
BursaMaster121212 looks good
23/03/2021 12:40 AM
traderA what happen? drop suddenly..
29/03/2021 2:51 PM
UndukNgadau Initially both IOI & Wilmar Int wanted to buy IJM Corp 56.2% stake in IJM Plantation. Now just Wilmar interested
29/03/2021 5:21 PM

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