WATA December Results- forecasted

Kaptivajkss · 1 WATA December Results- forecasted Fri Nov 26, 2021 3:10 am

Kaptivajkss

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EPS for the quarter(Oct-Dec)=6.75-6.9

EPS for the period=16.04-16.19

PAT from palm oil in Sep 2021 is 1,135,646,000.

Palm oil price in July 1......3600 MYR/T
Palm oil price in Sep 30.....4400 MYR/T
Average price....(3600+4400)/2=4000 MYR/T
Total volume from July-Sep=1,135,646,000/4000=283911 units

Palm oil price in Oct 1......4600 MYR/T
Palm oil price in Dec 31.....4600 MYR/T
Average price....(4600+4900)/2=4750 MYR/T
Consider the same volume from Oct-Dec=283911 units

PAT from palm oil in Dec 2021 would be 283911*4750=1348577000
PAT from dairy farm in Dec 2021=14402000(same as in Sep 2021)
PAT from others in Dec 2021=14893000(same as in Sep 2021)
PAT in Dec 2021=1348577000+14402000+14893000=1377872000

Number of shares outstanding=203,308,634

EPS for the quarter(Oct-Dec)=6.75-6.9
EPS for the period=16.04-16.19

EPS · 2 Re: WATA December Results- forecasted Tue Jan 11, 2022 9:14 pm

EPS

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Kaptivajkss wrote:EPS for the quarter(Oct-Dec)=6.75-6.9

EPS for the period=16.04-16.19

PAT from palm oil in Sep 2021 is 1,135,646,000.

Palm oil price in July 1......3600 MYR/T
Palm oil price in Sep 30.....4400 MYR/T
Average price....(3600+4400)/2=4000 MYR/T
Total volume from July-Sep=1,135,646,000/4000=283911 units

Palm oil price in Oct 1......4600 MYR/T
Palm oil price in Dec 31.....4600 MYR/T
Average price....(4600+4900)/2=4750 MYR/T
Consider the same volume from Oct-Dec=283911 units

PAT from palm oil in Dec 2021 would be 283911*4750=1348577000
PAT from dairy farm in Dec 2021=14402000(same as in Sep 2021)
PAT from others in Dec 2021=14893000(same as in Sep 2021)
PAT in Dec 2021=1348577000+14402000+14893000=1377872000

Number of shares outstanding=203,308,634

EPS for the quarter(Oct-Dec)=6.75-6.9
EPS for the period=16.04-16.19

I expect 7.5 + EPS for Q3 and the possible target price can be Rs.240 - 275 or even 300, because Palm Oil segment will generate larger numbers in Q3 and Q4.
Further, from Q2 to Q3, Average Palm Oil Market Price up by 35% plus. So, Watawala should generate more.

Last edited by EPS on Tue Jan 11, 2022 9:17 pm; edited 1 time in total (Reason for editing : .)

Harry82 · 3 Re: WATA December Results- forecasted Tue Jan 11, 2022 9:57 pm

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Then SUN will shine until Rs 110.00

EPS · 4 Re: WATA December Results- forecasted Mon Jan 24, 2022 8:43 pm

EPS

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wATAWALA STORY is below ....

Daily Palm Oil Price
WATA December Results- forecasted WGizenaIWk1NQAAAABJRU5ErkJggg==

EPS · 5 Re: WATA December Results- forecasted Mon Jan 24, 2022 8:54 pm

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https://www.bloomberg.com/news/articles/2022-01-21/palm-oil-jumps-to-new-record-on-dwindling-production-in-malaysia

[size=42]Palm Oil Ends at New Record High on Growing Concern Over Supply[/size]

Recent measures by Indonesia, the world’s top palm oil grower, to control soaring local prices also raised concerns that exports could suffer. The nation may make it mandatory for exporters to set aside a portion of the tropical oil for the local market, Indrasari Wisnu Wardhana, director general of foreign trade, said Friday.
Indonesia’s export policy may prompt importing nations to switch to second-biggest palm oil grower Malaysia, said Anilkumar Bagani, research head of Mumbai-based Sunvin Group. Top buyers India and China may also start to shift to soft oils, like soybean oil, given record high prices of palm oil, Bagani said. WATA December Results- forecasted 800x-1

WATA December Results- forecasted 800x-1

Workers load harvested palm oil fruit in Kapar, Selangor, Malaysia, on Jan. 11.
Photographer: Samsul Said/Bloomberg
By
[size=20]Eko Listiyorini

January 21, 2022, 12:18 PM GMT+5:30Updated onJanuary 21, 2022, 4:53 PM GMT+5:30

Palm oil climbed to a fresh record high on persisting concerns over supplies in top growers Indonesia and Malaysia and a rally in rival soybean oil.

Futures for April delivery jumped 2.6% to close at 5,322 ringgit ($1,272) a ton in Kuala Lumpur, posting a fifth straight week of gains and taking its weekly advance to 7.4%. Soybean oil, palm’s closest substitute for food and fuel, increased for a fifth day in Chicago.

Palm oil supply in Malaysia is likely to stay tight in the first quarter of 2022 as the nation is still facing an acute labor shortage, said Paramalingam Supramaniam, director at Selangor-based broker Pelindung Bestari. Output may slump 18% in the first 20 days of January from a month earlier, he said. Palm is also taking strength from a strong rally in competing vegetable oils, he said.

Crude palm oil output in the world’s second-biggest producer fell 11.3% from a month earlier to 1.45 million tons in December, the biggest drop in 11 months, on labor-related issues and floods in some key-growing areas.

Over the longer term, though, production is expected to recover. That’s a view reflected in the forward curve, which shows the palm oil market in backwardation with longer-dated prices lower than nearer ones.

Recent measures by Indonesia, the world’s top palm oil grower, to control soaring local prices also raised concerns that exports could suffer. The nation may make it mandatory for exporters to set aside a portion of the tropical oil for the local market, Indrasari Wisnu Wardhana, director general of foreign trade, said Friday.

Indonesia’s export policy may prompt importing nations to switch to second-biggest palm oil grower Malaysia, said Anilkumar Bagani, research head of Mumbai-based Sunvin Group. Top buyers India and China may also start to shift to soft oils, like soybean oil, given record high prices of palm oil, Bagani said.

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