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Palm Oil, the next big thing ! (NBPO)     

required field - 07 Jan 2008 14:43

Sorry wrong epic, this has got to be the float of the year, not in wish I was, now seems a little late.

mitzy - 07 Jan 2008 15:31 - 2 of 89

Hope this is right NBPO based in PNG produces palm oil from its plantations topped as a possible 1/2 bagger in 2008.

mitzy - 08 Jan 2008 08:45 - 3 of 89

Still no sign of faltering my target is 700p this year.

mitzy - 08 Jan 2008 17:33 - 4 of 89

All po producers lifted incl MPE and AEP up 10% and 5% this float has ignited sector.

required field - 08 Jan 2008 21:09 - 5 of 89

This is a staggering increase, I'm not in but at the moment I'm kicking myself, it is starting to hurt.

Toya - 09 Jan 2008 10:05 - 6 of 89

Interesting article in The Times today re palm oil:

Biofuels and Banquets put Pressure on Stocks of Palm Oil

mitzy - 09 Jan 2008 10:15 - 7 of 89

Hold this and MPE another palm oil producer the future looks great for po.

Toya - 09 Jan 2008 10:39 - 8 of 89

Think you could be right Mitzy - I've only recently woken up to the potential of palm oil.

mitzy - 09 Jan 2008 15:50 - 9 of 89

Me too Toya never traded palm oil stocks before but NBPO has changed my opinion.

mitzy - 09 Jan 2008 20:56 - 10 of 89

Thanks for the Times article Toya this sector could really lift off this year.

Toya - 10 Jan 2008 07:28 - 11 of 89

It certainly looks promising Mitzy

mitzy - 10 Jan 2008 08:15 - 12 of 89

Incredible marked up already....over 500p heading to 700p this year I reckon..
MPE looking even more attractive.

Falcothou - 10 Jan 2008 10:23 - 13 of 89

Watch out market makers read the papers too!

mitzy - 10 Jan 2008 16:10 - 14 of 89

Holding up really well in negative market conditions..

Andy - 12 Jan 2008 16:26 - 15 of 89

proactiveinvestors.com have written an article HERE

G D Potts - 13 Jan 2008 19:27 - 16 of 89

ridiculous gain since listing! looks like almost 200p to me over less than a month?!

article i read recently also suggesting that investors are running to invest in commodities, particularly coco beans/gold and palm oil so could still be an opportunity here?

mitzy - 25 Jan 2008 15:02 - 17 of 89

Holding up very well in the market 2008 could be a great year for palm oil.

jimmy b - 25 Jan 2008 15:25 - 18 of 89

It was also the main tip in January edition of The Momentum Invester.

mitzy - 25 Jan 2008 15:46 - 19 of 89

Yes I saw that jimmy they said they will make $100 mill profit for 2007 and this year a bit more.

jimmy b - 25 Jan 2008 15:50 - 20 of 89

I havn't got anything in this ,but it does look a good one..

mitzy - 25 Jan 2008 15:54 - 21 of 89

For once the Momentum Investor may be right jimmy its got plenty of potential and its in the right market at the right time...I am not selling.

required field - 26 Jan 2008 10:05 - 22 of 89

Still not in this one, shame you can't put this in a maxi ISA, so probably have to wait for available funds in a normal account, and an entry point.

mitzy - 29 Jan 2008 09:47 - 23 of 89

Another big rise today back to 500p soon.

mitzy - 01 Feb 2008 10:42 - 24 of 89

One of my favorites at the moment still has further to go.

mitzy - 01 Feb 2008 13:25 - 25 of 89

If it touches 500p I'l be happy still reckon it will go higher though.

porky - 01 Feb 2008 14:09 - 26 of 89

Keep your eye on K.P.Evans same game, and looking very strong at the moment.

mitzy - 01 Feb 2008 14:21 - 27 of 89

Hi porky...
I bought some MPE today and not for the first time.. also hold REA not doing too good and AEP bought yesterday.. but NBPO remains my favorite..

mitzy - 04 Feb 2008 13:18 - 28 of 89

Another up day wont be too long before 500p great set of results from AEP with profits up 65% has helped.

mitzy - 07 Feb 2008 10:00 - 29 of 89

smashing little company this one one of my favorites

mitzy - 08 Feb 2008 10:28 - 30 of 89

What an incredible share.

G D Potts - 08 Feb 2008 13:31 - 31 of 89

lol

mitzy - 09 Feb 2008 09:15 - 32 of 89

If it can break through the 500p level then its all the way to 700p in my opinion.

required field - 09 Feb 2008 10:26 - 33 of 89

Missed out on this one, but I might take the plunge at some stage...!

mitzy - 09 Feb 2008 11:08 - 34 of 89

Never say never thats my motto required.

mitzy - 12 Feb 2008 08:58 - 35 of 89

Edge up now towards 500p level.

G D Potts - 13 Feb 2008 08:27 - 36 of 89

Am in

mitzy - 13 Feb 2008 09:38 - 37 of 89

Well done mate welcome abord.

G D Potts - 13 Feb 2008 14:00 - 38 of 89

should be a winner through the market turmoil, Landkom and REA Holdings could also be worth a look

mitzy - 13 Feb 2008 15:20 - 39 of 89

hold rea and MPE..

mitzy - 15 Feb 2008 15:45 - 40 of 89

Never ceases to amaze me almost 500p and all buys today against a drifting market...name another share that is as good.

Pimpernel - 15 Feb 2008 15:54 - 41 of 89

ANR

G D Potts - 15 Feb 2008 17:11 - 42 of 89

Yes good move today - KSK another one where the SP has handled the turmoil well

G D Potts - 22 Feb 2008 17:07 - 43 of 89

SP has broken 500p. Hopefully it continues well

G D Potts - 23 Feb 2008 00:22 - 44 of 89

The next results will be incredible, just looking at the admissions document. First half of 07 indicated a $56.7 million profit

mitzy - 25 Feb 2008 20:59 - 45 of 89

holding REA and this.

mitzy - 26 Feb 2008 08:34 - 46 of 89

Incredible could be a great day look at the early morning trades.

mitzy - 27 Feb 2008 09:43 - 47 of 89

Chart.aspx?Provider=EODIntra&Code=NBPO&S

new high tonite.

mitzy - 01 Mar 2008 18:32 - 48 of 89

John Dodd of Artemis has 7% of fund value invested in New Britain
What does that say.

mitzy - 02 Mar 2008 12:00 - 49 of 89

M yguess is 700p to 800p within 12 months.

G D Potts - 02 Mar 2008 15:52 - 50 of 89

Should think the shares will follow palm oil prices

mitzy - 03 Mar 2008 08:52 - 51 of 89

another high.
can see this hitting 700 to 800p this year even higher with the price of po rocketing.

mitzy - 04 Mar 2008 08:48 - 52 of 89

Incredible share now within 600p range
PO now $1400 another new high.

mitzy - 12 Mar 2008 09:27 - 53 of 89

I managed to top up last week in profit now.

mitzy - 07 Apr 2008 09:40 - 54 of 89

Wow plenty of buying today chart back on track too.

mitzy - 18 Apr 2008 12:27 - 55 of 89

Climbing back to 550p today with big volume too.

Chart.aspx?Provider=EODIntra&Code=NBPO&S

mitzy - 22 Apr 2008 20:54 - 56 of 89

Trading in line with REA whose results out.

mitzy - 23 Apr 2008 08:34 - 57 of 89

Trading up 6% this am.




Chart.aspx?Provider=EODIntra&Code=NBPO&S

G D Potts - 23 Apr 2008 16:39 - 58 of 89

Yea great move today, Am looking into this and REA

G D Potts - 23 Apr 2008 16:44 - 59 of 89

Palm Oil up around 2.3% across all measures, probably whats sending the SP higher

hangon - 14 Jul 2008 22:04 - 60 of 89

The graph is looking (to me) that the heat has gone out of the fire.

I suspect Palm OIl is still being pushed on the increased demand - yet the truth is that several Governments are looking to reverse the rush into Bio-diesel, where this equates to convert food into Diesel.

Furthermore some palm-oil shortage has been caused by the (earlier, low price), wasting of production. As the price rises, many will look at their production methods and attempt to bring-in additional fields. The net result won't be higher prices, it will result in more farmers getting more throughput. BUT at lower prices in the Market.
Hopefully, this will reduce the consumer prices- already hit by reduced family-incomes - but it might reduce the profits, so what has your investment done to change this . . . I suspect nothing - - - - and that's why the NBPO sp is softening.

halifax - 08 Aug 2008 09:03 - 61 of 89

Back in the "bargain basement"?

hlyeo98 - 13 Aug 2008 18:31 - 62 of 89

Falling oil prices make oil palm less in demand. I think NBPO is a SELL down to 200p.

hlyeo98 - 18 Aug 2008 16:17 - 63 of 89

317p now...slide on graph is forming

mitzy - 31 Oct 2008 15:17 - 64 of 89

Bought today @170p just hope its the bottom.

halifax - 31 Oct 2008 16:17 - 65 of 89

mitzy have a look at the chart of palm oil prices.

mitzy - 31 Oct 2008 16:23 - 66 of 89

Will do halifax.. r u in ..?

Bet the RNS helped..

mitzy - 01 Nov 2008 08:28 - 67 of 89

http://business.timesonline.co.uk/tol/business/markets/article5058417.ece

mitzy - 03 Nov 2008 09:14 - 68 of 89

above 200p today...I'm holding for 300p.

mitzy - 04 Nov 2008 13:14 - 69 of 89

are you in required field..?

required field - 04 Nov 2008 14:55 - 70 of 89

No....no spare funds available...!.

mitzy - 04 Nov 2008 15:32 - 71 of 89

There is always next time ..its all about lsd at the end of the day.

mitzy - 05 Nov 2008 08:09 - 72 of 89

This will be 800p in 2 years.

mitzy - 05 Dec 2008 19:09 - 73 of 89

Chart.aspx?Provider=EODIntra&Code=NBPO&S

mitzy - 17 Dec 2008 15:32 - 74 of 89

Ona roll today just need patience with this one.

halifax - 17 Dec 2008 18:02 - 75 of 89

Mitzy is it a festive sausage?

mitzy - 17 Dec 2008 18:11 - 76 of 89

could be halifax.

mitzy - 17 Dec 2008 19:26 - 77 of 89

over 1 mill traded today which is extraordinarily high imo.

mitzy - 22 Dec 2008 10:06 - 78 of 89

Any one fancy a sausage roll..lol.

mitzy - 06 Jan 2009 14:42 - 79 of 89

Nearly sold last year but glad I hold now..back to 240p.


Chart.aspx?Provider=EODIntra&Code=NBPO&S

partridge - 06 Jan 2009 15:38 - 80 of 89

My play in the sector is MPE (see Tips for 2009 thread) - trades below net asset value, with net cash at June interims and appears well run. Also has interests in beef cattle in Queensland. Not for the faint hearted, but so far so good on my purchases between 160p and 190p in Nov/Dec.Always DYOR.

mitzy - 06 Jan 2009 16:03 - 81 of 89

Thanks partridge I held Evans last year and sold in the sell-off its a great share.

mitzy - 07 Jan 2009 09:35 - 82 of 89

On the move today again.

mitzy - 07 Jan 2009 13:44 - 83 of 89

Up 12% on top of yesterdays 10% great.


Chart.aspx?Provider=EODIntra&Code=NBPO&S

partridge - 07 Jan 2009 16:47 - 84 of 89

Had a longer look at NBPO Mitzy and like what I see. Some parallels with MPE, although nearly 3 times the size (net cash, looks a quality business, well run and should be able to cope with the inevitable volatility in the price of palm oil). Has the advantage in the short term at least of a higher yield, albeit MPE does have property and cattle interests to spread the risk a bit. May join you in this one!

mitzy - 07 Jan 2009 18:48 - 85 of 89

Hi partridge and also REA holdings is worth mentioning..

Naked Trader bought a few today.

mitzy - 09 Jan 2009 14:26 - 86 of 89

On the move again .

mitzy - 14 Mar 2010 19:28 - 87 of 89

I dont believe it..!

gibby - 09 Oct 2014 07:41 - 88 of 89

t/o finally ;

HARRYCAT - 09 Oct 2014 08:15 - 89 of 89

StockMarketWire.com
New Britain Palm Oil (NBPO) has received formal notification from Sime Darby Plantation Sdn Bhd of its intention to make a cash offer for all the issued and to be issued shares at a price of £7.15 each.

Key Points:
§ Cash takeover offer from diversified, multinational plantation group Sime Darby

§ Full general offer to all NBPOL shareholders pursuant to PNG Takeovers Code

§ Offer values 100% of NBPOL equity at GBP 1,073 million (PGK 4,319 million)

§ Offer price of GBP 7.15 or PGK 28.79 per share represents an attractive premium to recent trading levels

§ Offer is subject to certain conditions, including a minimum acceptance condition of 51%, no material adverse change to NBPOL and certain regulatory approvals

§ In relation to Rule 27A of the Code, the PNG Prime Minister has written to Sime Darby acknowledging that Sime Darby is keen to make a general offer for NBPOL and reiterating that Sime Darby's proposed acquisition of a shareholding in NBPOL will not be contrary to PNG's national interest

§ Independent Board Committee intends to unanimously recommend that NBPOL shareholders accept the Offer, in the absence of a superior proposal and subject to the independent adviser concluding that the Offer is fair and reasonable
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