New Britain Palm Oil Share Discussion Threads

[john_l] 14/3/2008 13:40

skunkjam - would you put a link up to palm oil futures ?

J.

[dogdogman] 14/3/2008 11:41

Lots of buys today. Nice bounce from here me thinks!

Cheers.

[melody9999] 12/3/2008 16:33

tree shaking then - virtually all buys and the price falls

[billfisher98] 11/3/2008 18:06

Should be interesting to see whether previous resistance turns into support?

[bunnyola] 11/3/2008 15:27

Melody9999 - Your comments are much appreciated

[mitzis] 11/3/2008 08:24

The bounce is on .

[melody9999] 10/3/2008 21:31

Bunny - combination of general market turmoil combined with fall in PO price I suspect. If only one of these had happened, think the other would have supported the price. Wheat and corn bounced in the US today, soya stable so it may be PO price will stabilise tomorrow and that will help NBPO in the weak market we find ourselves in.

[bunnyola] 10/3/2008 20:56

Anybody know what's happening. Sp has dropped like a stone in a few days?
Any news or views appreciated.

[odins_staff] 05/3/2008 00:58

certainly is mitzis

[melody9999] 04/3/2008 23:56

this and ENRC Mitzis

[mitzis] 04/3/2008 12:17

This ones something special isnt it..

[pre] 28/2/2008 09:55

...'RNOW'- solid business and share price recovery underway...some big buys yesterday....

[login] 28/2/2008 09:43

Then again they haven't exactly sparked off a round of panic selling

[woracle] 28/2/2008 08:18

I am out, moving more into my favorite palm plays ..AEP and BBHL :)

[stegrego] 28/2/2008 08:04

Cant say as i particulary liked the results - dont like the forward selling aspect with prospects so bright for palm oil.

Doesnt look very cheap and have therefore sold for 50% ish profit - cue it hitting 1000p within the next month!

Good luck

[woracle] 28/2/2008 07:56

Well, a quick glance at results. My thoughts are 20p/share EPS excluding Bio Assets is hugely disappointing and much lower than my forecast 25 to 26p. The unknown was the forward sales they do which brought selling price down from 780 to 686 USD. Extremely conservative but disappointing where prices are forecast to remain high. Now they have sold foreward 33% of this years production at 775 ! Somehow I think that is not clever when every forecast says 1000 average this year, and probably higher.. historic EPS now 29 against sector of about 16. There are cheaper plays for sure.. Lets see what the market thinks. Assets are 185M. So thats 4.8x. Again very expensive compared to the others. Theres a lot of funds still buying so I suspect it will remain steady but it only serves to highlight the other plays I think as much better value and they will benefit as a result.

[afruj] 27/2/2008 22:23

Melody, already in ENRC, I agree looks very promosing, and similar chart to NBPO.

[melody9999] 27/2/2008 21:03

If you like the look of this chart try a company that will enter the FTSE100 ENRC. Sorry OT

[mitzis] 27/2/2008 15:22

REA and NBPO a great combo.

[uumode] 27/2/2008 15:18

trade volumes roughly 65k buy and 385 SELL, and the share price still moves up? wow...

[nurdin] 27/2/2008 08:11

Hi melody...spoke to their broker.Surprised me a bit though as there has been no notice from the company.

[melody9999] 26/2/2008 21:11

Hi Nurdin - where did you get that info from?

[nurdin] 26/2/2008 10:40

Results expected to be out by the end of the month...

[nurdin] 26/2/2008 08:27

Looks like another decent day judging by those trades...