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HsPlt sells CPO with Spot Price and not forward price. Price hardly move after announcing v good result with Nett profit margin of ,31%.Based on Ave CPO of 4500, for Aug to Dec, full yr results will be very good. Maybe price will move only after announcing Dividend on end February. maybe 10 sen ?
10 Dec 24 fcpo 5118. Going forward price action will ping pong betw 205 - 225c with fcpo abv 4800. And 230-250c range with fcpo abv 5000. Expect dv 10-13c, ha ha