New Britain Palm Oil Share Discussion Threads

[ib1905] 10/11/2010 17:19

Sorry saget was out this pm - I think it's because of the environmental basis for this firm's Palm Oil dealings - but stand to be corrected - anyway bought four times and no tax for sure.

[saget] 10/11/2010 14:26

Why no tax?

[ib1905] 10/11/2010 14:01

What a nice steady share - and no tax : )

[matt123d] 10/11/2010 13:40

Certainly is interesting, getting some large trades through today as well.

[skyracer] 10/11/2010 12:32

Yes, palm oil now at RM 3393 ($1100). Very interesting indeed.

[cheaky monkey] 09/11/2010 21:03

just so steady at the mo, I agree £10 can't be far off.

[matt123d] 09/11/2010 19:21

Yes looks that way. Palm oil at new highs today - 3363.

[farnesbarnes] 09/11/2010 16:42

This has a tenner written all over it.

[ib1905] 09/11/2010 16:17

Nice buy this afternoon - 100k at 825...
Steady on up

[ib1905] 05/11/2010 09:47

Nice one this morning so far...

[ib1905] 05/11/2010 08:55

Well good luck Sweden don't know much about RSI's so off to read.. but demand for palm oil is high so we will see....

[sweden101020] 05/11/2010 08:32

OK in anyway....

[sweden101020] 05/11/2010 07:56

Only issue is the RSI is very high...

[sweden101020] 05/11/2010 07:38

Sounds good to me. Will look for an entry point this am.

[ib1905] 04/11/2010 17:02

Well said - Palm Oil futures still edging up and ethical production is a winner - this has a good bit to go yet I think.

[saget] 04/11/2010 15:15

Well it is 'IC' after... Oh hang on.

Well it looks like us mere amateurs can be right now and again too.

[farnesbarnes] 04/11/2010 14:59

IC said sell at 585!

[saget] 04/11/2010 14:55

Well it is 'The Mail on Sunday' after all...

[matt123d] 02/11/2010 19:32

What a ridiculous comment advising people to sell half their stock!

This is still under accumulation so no wonder they want sellers.

[neilenglish] 01/11/2010 10:33

Nice to see NBPO tipped in the Mail On Sunday yesterday

[thorpematt] 30/10/2010 19:21

ib1905

Thanks for that - I'll not be too concerned if we're a tad "late" in that case.

I very much like this one too. I like the sector and this is my favourite in it - as the idea of certificated PO is a good one, the new facility this year gives NBPO a niche in what I believe will be an essential area.

There have been tailwinds this year with the crude PO price.I have a couple of concerns short term:-
1. potential for winfall taxes
2. increase in costs and write-down values for biological assest (both indicated in last report).

That said I am not contemplating taking any profits. The situation with soft comodoties does not look like subsiding any time soon so we remain a growth company in every sense, and the PE ratio doesn't reflect this yet.

[ib1905] 30/10/2010 14:30

Hi Thorpematt - I see that the dates for quarterly reporting in 2009 were early in May, August and November but this year it has been later in May and August so would expect that to follow to about 20-25 November. A nice company though. Seem to be doing fine.

[thorpematt] 30/10/2010 11:25

Now I make it that a TS is due shortly BUT I cannot see a financial calender on the website....

Anyone else?