Will there be a high risk of margin call as the share price continue to drop? Could someone enlighten on this.

There is a huge share dump on Monday 28/Aug that brought down the price from 1.39 to 1.23 ... so far no news or announcement of what happen. It seems like a pump and dump cycle .... so, be careful guys.

Jialat … can go below 3.00 ?

I really did not expect such a big drop in PAT. I expect the higher palm oil price was able to offset the drop in production volume. I guess the other cost pressure ate up the profit. I wonder what they have in Tasmania that the group has to recognise the asset impairment. Timber business turning into loss and this is really unexpected. With the US tariff war, the Europe and China may turn to palm oil as the alternative to soyabean oil. The wet season will be over soon and we hope for more production output in the coming months and more countries will use palm oil. Looking at the historical price chart below 4.00 is a good buy considering the high DY record and low debts to cash ratio.

Palm oil prices stay elevated but the share price is down. Soyabean oil also moving higher and that is good for palm oil. Profit margins should increase with elevated price. I think the only thing that may dampers the share price is the lower production volume. There should be an announcement on January production volume these few days.

If there is another 10 sen dividend after the quarter result released it will definitely give a boost to the share price.

So can fly or not

In a few months we will find similar chips from China flooding the market

wow durian runtuh soon ya

What triggered high volume today?

Hi Sabastian, I think the same. I have been buying … hopefully there will be another dividend and the demand for palm oil will increase in the next qtr of festivities