For Qtr3/24, Palm Oil production is 41,700 tonne Oil. For ease of calculation, assume Rm 4,000/ton of CPO. Estd Revenue of Rm 160 mil. Assume Cost of Production is 2500/ton. So Net Profit, margin assume
40% of Revenue is Estd to be - 64mil not counting Kernel Oil and Timber revenue. If we add 3 mil for Kernel n Timber. total 67 mil, divide by no of shares, EPS approx 7 cents.!!! For 9 MTHS total eps is 7 + 5 + 7 already 19 cents.!!!. Eps for Q4, assume 5 cents as CPO price lower, so Eps/ yr is 24 cents. Assume conservative PE of 7X. so Fair Value is - Rm 1.68 !!!!