Highlights

THE INVESTMENT APPROACH OF CALVIN TAN

Author: calvintaneng   |   Latest post: Wed, 15 Sep 2021, 10:53 PM

 

CHINTECK VERSUS FRONTKEN: Why Palm Oil Stocks Now Better than Technology Stocks, Calvin Tan Research

Author:   |    Publish date:


Dear Friends, Investors & Traders of i3 Forum

There are positive signs for undervalue Palm oil shares & there are warning signs for overvalued Technology stocks

These are the warning signs on Tech Stocks

1) China clamp down on Tech stocks caused Tencent to collapse

See

Hong Kong stocks sink by most in 14 months as tech sell-off deepens after China unleashes new measures against Tencent, private education firms

 

  • Hang Seng Index tanked by most since May 2020 as tech wreckage leaves investors with huge losses; Chinese stocks suffer biggest slide since March
  • Education stocks plunge as China bans weekend and holiday lessons and halts new...

In USA Jeff Bezos already gave warning when he Sold Amazon shares

17 Jun 2021 — Sell In Tech Stocks Sends Markets Down Sharply The Fed has hinted that interest rate hikes could come in 2023. (Photo by Spencer Platt/Getty ...
 
Now let's take a look at Chinteck (Palm Oil) Versus Frontken (Tech semi-con)
 
See Frontken results
 

SUMMARY OF KEY FINANCIAL INFORMATION
30 Jun 2021

 
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
30 Jun 2021
30 Jun 2020
30 Jun 2021
30 Jun 2020
$$'000
$$'000
$$'000
$$'000
1 Revenue
108,626
87,620
212,143
172,491
2 Profit/(loss) before tax
34,536
27,918
69,592
52,641
3 Profit/(loss) for the period
26,995
21,828
51,902
40,072
4 Profit/(loss) attributable to ordinary equity holders of the parent
24,738
20,329
47,652
37,336
5 Basic earnings/(loss) per share (Subunit)
1.57
1.94
3.03
3.56
6 Proposed/Declared dividend per share (Subunit)
1.50
1.20
1.50
1.20
   
AS AT END OF CURRENT QUARTER
AS AT PRECEDING FINANCIAL YEAR END
7 Net assets per share attributable to ordinary equity holders of the parent ($$)
0.3000
0.4000
 
 
Basic earning this qtr is 1.57
Annualised 4 qtrs
1.57 x 4 = 6.28 sen
Current price is Rm3.25
At 6.28 the P/E is 325/6.85 
= 47.44
That means it will take 47.44 years to double its money
 
 
CHINTECK PLANT

SUMMARY OF KEY FINANCIAL INFORMATION
31 May 2021

 
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
31 May 2021
31 May 2020
31 May 2021
31 May 2020
$$'000
$$'000
$$'000
$$'000
1 Revenue
49,131
33,692
130,967
90,658
2 Profit/(loss) before tax
27,092
14,961
63,631
29,516
3 Profit/(loss) for the period
22,527
11,191
51,536
22,272
4 Profit/(loss) attributable to ordinary equity holders of the parent
22,527
11,191
51,536
22,272
5 Basic earnings/(loss) per share (Subunit)
24.66
12.25
56.41
24.38
6 Proposed/Declared dividend per share (Subunit)
19.00
8.00
30.00
16.00
   
AS AT END OF CURRENT QUARTER
AS AT PRECEDING FINANCIAL YEAR END
7 Net assets per share attributable to ordinary equity holders of the parent ($$)
8.0500
7.4400
 
This qtr is 24.66 (up more than 100% profit)
Annualised 4 x 24.66
= 98.64 sen
Chinteck current price is Rm6.60
P/E is 660/98.64
= 6.69
IT ONLY TAKE 6.69 YEARS TO DOUBLE YOUR MONEY
 
AND WHAT IS TRUE ABOUT THE OVERVALUATION OF FRONTKEN IS ALSO TRUE ABOUT MOST TECH STOCKS WITH VERY HIGH P/E & OVERVALUATION
 
ALSO WHAT IS TRUE ABOUT CHINTECK WILL ALSO COME TRUE FOR ALL PALM OIL SHARES ARE EARNINGS EXPLODE UPWARD WITH VERY HIGH CPO PRICES DUE TO THESE REASONS
 
1) WHOLE OF USA IN DROUGHT IMPACT AGRICULTURE PRICES. THUS SUPPORTING PALM OIL PRICES
 
2) USA PIVOTING TO BIODISEL FOR GREEN ENERGY WILL GIVE A STRUCTURAL PUSH FOR THE USE OF PALM OIL AS A CLEAN GREEN ENERGY
 
 
 
 
 
Best regards
 
Calvin Tan Research
 
Please buy or sell after doing your own due diligence or consult your Remisier/Fund Manager
 
 
 
 

 

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  SS Loh likes this.
 
calvintaneng https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/2021-07-23-story-h1568755300-THE_NEED_FOR_RENEWABLE_ENERGY_IS_AN_EMERGENCY_DUE_TO_CLIMATE_CHANGE_Cal.jsp
01/08/2021 10:23 PM
calvintaneng https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/2021-08-01-story-h1568905155-Calvin_s_Sunday_Sharing_Bible_Investment_Ideas_about_Vege_Oil_from_Prop.jsp
01/08/2021 10:25 PM
calvintaneng https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/2021-07-28-story-h1568845602-MALAYSIA_JUNE_21_EXPORT_STATISTIC_SHOWS_THAT_PALM_OIL_AT_33_3_GROWTH_HA.jsp
01/08/2021 11:02 PM
calvintaneng https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/2021-07-30-story-h1568874586-Forget_petrol_diesel_prices_of_edible_oils_have_soared_even_higher_in_J.jsp
01/08/2021 11:03 PM
blistering Take profit on HIGH FLYING Tech Stock and parked in down trend bottom TECH Stock!!! big spike on cheaper valuation TECH counter this WEEK...
02/08/2021 3:12 AM
calvintaneng Chinteck up by more than 5% in one day AFTER good results out

Chinteck only got a small 28,000 acres of palm oil which Tsh, Thplant and Jtiasa all got more than 200,000 ACRES OF PALM OIL EACH

IMAGINE THEIR EXPLOSIVE PROFITS AND COMING DIVIDEND YIELDS LATER
02/08/2021 10:22 AM
calvintaneng The proof of a good durian tree is it's fruits

The proof of a good cow is its milk

The proof of a good chicken is it's eggs

The proof of a good stock is it's dividends
02/08/2021 10:24 AM
calvintaneng Now 4 palm oil stocks already proven good times are coming by giving "SPECIAL DIVIDENDS" ABOVE ITS USUAL DIVIDENDS

THE FOUR ARE NSOP, RIVERVIEW, KFIMA AND LATEST IS CHINTECK

LATER ALL OTHER PALM OIL SHARES WILL FOLLOW AS SUPER BOOM TIME RETURNS
02/08/2021 10:27 AM
afif95 invest need to watch profits is it? This is bursa. Hahahhaha
02/08/2021 12:27 PM
calvintaneng You are right

95% of the people are reactive in Bursa

Only 5% are pro-active

Eventually at the very end of end games all 95% will lose money and only a very small 5% will see success
02/08/2021 12:45 PM
ITreeinvestor look forward not backward. eventually tech earning will grow higher and higher ; But CPO price will keep repeat its cycle up and down.
02/08/2021 2:15 PM
calvintaneng There is a fundamental change for Cpo due to whole world pivoting into clean green energy due to climate change and the use of Cpo biodisel will be a game changer

So the upcycle and downcycle of palm oil will be moderating to become sustaining

Another positive is the increase of human population and the decrease of land mass which will push up the price of palm oil

These are permanent structural shifts which are long-term favourable for palm oil
02/08/2021 2:21 PM
calvintaneng Plus the end of life repurpose for all palm oil are their prime land banks

Future of ioi rubber was ioi mall in puchong which was once a rubber estate

Jpo or Johor premium outlet was once a palm oil estate

So future of palm oil residual value in land assets are just too great to ignore
02/08/2021 2:23 PM
calvintaneng M’sian palm oil industry needs fresh talents for successful transformation By Hong Wai Onn (From Focus My) Calvin Tan comments

https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/2021-08-02-story-h1568932281-M_sian_palm_oil_industry_needs_fresh_talents_for_successful_transformat.jsp
02/08/2021 8:37 PM
Tiger66 no money go into CPO companies means big investors not interested. Don't waste your time. You can long long wait, may be one day but don't know when.
03/08/2021 10:11 AM
calvintaneng Got very big money leh

See Klk paying Rm3.10 for all the shares of Ijmplant

IOI corp is getting ready for M&A also

so watch out for Ioi making big moves in the palm oil markets
03/08/2021 10:29 AM
calvintaneng Uplant boss money buying own Uplant shares
03/08/2021 10:31 AM
calvintaneng Tsh boss been buying lots of Tsh shares
03/08/2021 10:31 AM
calvintaneng FANTASTIC GOOD NEWS FOR MALAYSIA: INTERVIEW: India's new palm oil rules to spur imports, unnerving refiners, says industry head

https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/2021-08-03-story-h1568937864-FANTASTIC_GOOD_NEWS_FOR_MALAYSIA_INTERVIEW_India_s_new_palm_oil_rules_t.jsp
03/08/2021 7:33 PM
Foker Syiok sendiri post
03/08/2021 7:59 PM
calvintaneng Posted by Foker > Aug 3, 2021 7:59 PM | Report Abuse

Syiok sendiri post

Syiok???

Yes

See Chun Chun Post

IJMPLANT (2216) Rm1.86 Versus HARTALEGA GLOVE (5186) Rm9.98 COMPARE & CONTRAST THEIR PROSPECTS, Calvin Tan Research

https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/2021-05-05-story-h1564289753-IJMPLANT_2216_Rm1_86_Versus_HARTALEGA_GLOVE_5186_Rm99_80_COMPARE_CONTRA.jsp

Very syiok after Ijm Plant was offered Rm3.20 by KLK (Up 72% in one month chun chun!!)
03/08/2021 8:10 PM


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