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KLSE: TAANN       TA ANN HOLDINGS BHD
Last Price Avg Target Price   Upside/Downside Price Call
3.09 3.03     -0.06 (1.94%)
* Average Target Price, Price Call and Upside/Downside are derived from Price Targets in the past 6 months.
** Price Targets are adjusted for Bonus Issue, Shares Split & Shares Consolidation (where applicable).
Date Open Price Target Price Upside/Downside Price Call Source News
11/11/2020 2.86 3.45 +0.59 (20.63%) HOLD KENANGA Price Target News
13/10/2020 2.76 3.45 +0.69 (25.00%) HOLD KENANGA Price Target News
09/10/2020 2.72 3.45 +0.73 (26.84%) BUY KENANGA Price Target News
25/09/2020 2.70 3.68 +0.98 (36.30%) BUY PUBLIC BANK Price Target News
11/09/2020 2.67 3.15 +0.48 (17.98%) BUY KENANGA Price Target News
01/09/2020 2.93 3.09 +0.16 (5.46%) HOLD PUBLIC BANK Price Target News
01/09/2020 2.93 2.59 -0.34 (11.60%) HOLD MIDF Price Target News
01/09/2020 2.93 3.15 +0.22 (7.51%) BUY KENANGA Price Target News
01/09/2020 2.93 3.20 +0.27 (9.22%) BUY AffinHwang Price Target News
01/06/2020 2.40 2.33 -0.07 (2.92%) HOLD PUBLIC BANK Price Target News
01/06/2020 2.40 2.44 +0.04 (1.67%) HOLD MIDF Price Target News
01/06/2020 2.40 2.90 +0.50 (20.83%) BUY KENANGA Price Target News


Price Target Research Article/News (past 6 months)
11/11/2020  KENANGA Plantation - October Inventory At 39-Month Low
13/10/2020  KENANGA Plantation - September Inventory Rose +1.2% MoM
09/10/2020  KENANGA Plantation - Tri-Star Mega Webinar Takeaways
25/09/2020  PUBLIC BANK Plantations - A Better 2H
11/09/2020  KENANGA Plantation - Flat August Inventory
01/09/2020  PUBLIC BANK Ta Ann Holding - Expecting Strong Catch - Up In The 2H
01/09/2020  MIDF Bumi Armada Berhad - Timber Segment to Drag the Groups Performance
01/09/2020  KENANGA Ta Ann Holdings Berhad - Major Earning Improvement Ahead
01/09/2020  AffinHwang Ta Ann- 6M20 Earnings Boosted by Higher CPO Prices
01/06/2020  PUBLIC BANK Ta Ann Holdings- Tougher Outlook for Timber Segment
01/06/2020  MIDF Ta Ann Holdings Bhd - Dim Outlook for the Timber Segment
01/06/2020  KENANGA Ta Ann Holdings Berhad - Undemanding Valuation



  2 people like this.
 
lumbercpo fcpo broke RM3100
18/09/2020 6:37 PM
Mabel CPO prices has bottom out at RM2757 at up again at RM 2822s level .., price firming uptrend.

Malaysian has Become the Top Palm Oil Supplier to China (Malaysia even beat Indonesia World No 1 Palm Oil Producer)

Malaysia’s palm oil exports to China increased by 31.9% or 316,400 MT over last year to 1.31 million MT from January to June 2020, while Indonesia shipped 1.28 million MT of PO to China, decreased by 42.7% or 956,400 MT. As a result, PO market share commanded by Malaysia in China up to June this year rose from 30.7% held last year to 50.3%, and Indonesia’s share slid to 49.2% from 69.2% for the same period in comparison. Malaysia has become the top PO supplier once again since 2015.
29/09/2020 10:16 PM
Mabel There are several risks factors on any Plantation earnings estimates, price target and rating. Key risks to the palm oil sector are:

(i) weather anomalies resulting in poorer-than-expected output growth -*Let's hope for a good weather the next coming 3 months*.

(ii) lower than-expected CPO price achieved – *On Target and currently CPO is Up trending*

(iii) negative policies imposed by import countries – *Positive*. The exemption of CPO export duty by the government of Malaysia till Dec 2020 will be positive for CPO exports (especially to India) and will help support CPO price which is expected to be under pressure in 3Q20 due to the anticipated stockpile build-up amid seasonal production recovery

(iv) unfriendly policies imposed by the Malaysian and Indonesian government on upstream or downstream segments – *Already factored on India’s move to restrict the importation of refined palm oil*. This will result in quicker build-up of MPOB stockpile when output recovers from 2Q20, and cap CPO price upside

(v) sharply lower crude oil prices which makes palm biodiesel demand not viable – *Brent has already breached USD 40*

(vi) weaker competing oil prices (like soybean and rapeseed- *On Target*. Alternative Oil Prices is on the rise which make Palm Oil very attractive.

Meow Meow Meow
30/09/2020 8:44 AM
Mabel THE HISTORY OF MABEL PALM OIL

The Palm Oil, whose scientific name is Elaeis guineensis Jacq, originates from West Africa. It were first brought into this country by the British in the 1870’s as an ornamental plant in their gardens. However, other countries were already familiar it and its uses. Among the earliest evidences of its usage were
• Traces of my ancestors found in burial urns aged 5000 years in Abydos, Egypt
• The barter of palm oil for salt centuries ago
• A lubricant for engines and in the manufacture of candles, soap and margarine in Europe during the 19 th century.

Palm Oil started to make Malaysia its home on a large scale in the 1960’s. This started when the Malaysian Government introduced a land cultivation scheme for the purpose of planting oil palm trees.The purpose of this scheme was to eradicate poverty and raise the standard of living for the rural population. Today, palm oil grows and flourish in palm oil plantations which can be found throughout the country, from Perlis to Sabah.
30/09/2020 12:18 PM
lumbercpo US soybean rocket this morning,expect CPO climb back to RM3000
01/10/2020 8:14 AM
lumbercpo US large declined in grains stock. Super inflation coming. Commodities is the first to move, follow bybithers
01/10/2020 8:17 AM
Pinky This good counter no one seems to be interested. Combo of timber AND oil palm, with their palm trees relatively young and in maturing stage. See month-by-month increase of production figures...
05/10/2020 10:53 AM
lumbercpo us soybean 1030 now. fcpo expect challenge RM3000 again
06/10/2020 6:51 PM
lumbercpo us soybean 1050. super bull coming
07/10/2020 9:42 PM
lumbercpo fcpo tml break 3000
07/10/2020 9:43 PM
Mabel Meow Meow Meow
08/10/2020 8:26 AM
Pinky Ta Ann pleas be good to me...

You are the 2nd largest holding in my portfolio now XD
08/10/2020 9:24 AM
lumbercpo FCPO December back to RM2900 while October RM3000. Coming QRs explosive EPS!!!!
08/10/2020 5:45 PM
lumbercpo US soybean future 3 years high to USD1056 now. !!!! Hope can break USD 1500!!!!
08/10/2020 5:47 PM
lumbercpo super bull coming
09/10/2020 10:16 AM
chickmonk TP RM4
09/10/2020 10:44 AM
chickmonk fcpo oct above RM3000
09/10/2020 4:13 PM
lumbercpo US soybean 1060 now.
09/10/2020 9:58 PM
lumbercpo brazil drought, cpo counters bullish
09/10/2020 10:09 PM
Mabel Plantation - Key Takeaways From Globoil's Webinar
Date: 9th October 2020

Solvent Extractors Association of India organised a webinar yesterday titled “World Price Outlook for Vegetable Oils and Meals”. There were three speakers i.e. Thomas Mielke from Oil World, Dorab Mistry from Godrej International and James Fry from LMC International. Here are the key takeaways from the webinar: -

James Fry said that rains and good palm prices would encourage better estate maintenance in Malaysia and Indonesia, leading to improved palm production in year 2021F. Rains would boost CPO supply in early-2021F and in the meantime, there would be a seasonal pick-up in production in 4Q2020. Peak palm production may be delayed by a month or two from the usual month of October or November in Malaysia.

In terms of demand, many companies in the HORECA sector (hotels, restaurants and catering) may not survive without government support. Families in low income countries may be trading down to smaller bottles of cooking oil. James Fry did not give a price forecast.

Thomas Mielke said that CPO prices may hover around US$700/tonne (RM2,905/tonne) in 1H2021. He forecasts global production of palm oil to increase by 3.5mil to 4mil tonnes in 2021F. CPO output in Indonesia is estimated to rise by 3mil tonnes in 2021F from about 43mil tonnes in 2020E. Thomas Mielke expects CPO production in Malaysia to be flat in 2021F.

He added that global soybean supply is ample currently in spite of weather-related losses in the US. He expects world soybean supply to increase by 21mil tonnes in 2020E/2021F as Brazil is envisaged to record a record output of 132.5mil tonnes (2019/2020E: 126.5mil tonnes).

Dorab Mistry believes that CPO production in Malaysia would be flat at 19.9mil tonnes in 2020E compared with market expectations of a decline. We believe that this implies that 4Q2020 production would be strong as Malaysia’s CPO output fell by 4.7% YoY in 8M2020. He did not give a production forecast for 2021F although he said that palm supply would be good.

Dorab has suggested a dynamic biodiesel mandate to the Indonesia government whereby if CPO prices exceed US$600/tonne, the biodiesel mandate would be reduced to B25 from B30. If CPO prices exceed US$700/tonne, the biodiesel mandate would be reduced further to B20. With this, the biodiesel mandate would still be implemented but at the same time, the smallholders would not be affected by the CPO export levy. Currently, Indonesia implements the B30 biodiesel mandate with subsidies from the CPO export levy of US$55/tonne.

Mabel Research House
10/10/2020 12:45 PM
newbie2y inventory depletes by the increased exports..
https://www.theedgemarkets.com/article/malaysias-oct-110-palm-oil-exports-rise-133-%E2%80%94-amspec-agri
10/10/2020 9:52 PM
chickmonk fcpo super bullish!!!!
12/10/2020 10:44 AM
lumbercpo US soybean 1060 again!!
15/10/2020 8:56 AM
lumbercpo “Based on our observation, most privatisation targets share several similar characteristics, including low trading liquidity, low valuation and under-researched. About a third of the Bursa Malaysia Plantation Index components have these characteristics.”

They include Chin Teck Plantations Bhd, Cepatwawasan Group Bhd, Hap Seng Plantations Holdings Bhd, Kluang Rubber Co (M) Bhd, Sarawak Plantation Bhd, Ta Ann Holdings Bhd and United Malacca Bhd.
15/10/2020 8:59 AM
Pinky Oi don't privatise, I love my Ta Ann shares!
15/10/2020 9:30 AM
newbie2y as reference, can see Riverview q3 reports on how much profit they generated from the recent cpo price rise..
https://www.klsescreener.com/v2/stocks/view/2542/riverview-rubber-estates-berhad
21/10/2020 9:41 PM
lumbercpo FCPO Nov 2020 RM3300
28/10/2020 5:22 PM
lumbercpo no ppl goreng. fcpo super high
04/11/2020 11:59 AM
lumbercpo RM3400
04/11/2020 3:25 PM
lumbercpo US SOYBEAN 1100 NOW. WOW!
05/11/2020 2:00 PM
Mabel Congrats to all TaaNN Supporters

Fantastic Day for all Farmers..

Prevailing CPO Price as of yesterday is RM 3354. Cost of producing is between RM 1500-1800. This will be good for our farmers. So we expect more movements in this counter due to feel good effect on the latest Indian FGV Oil Palm Contract, Bullish FCPO (Jan FCOP has already breaches RM 3,144), current CPO prices plus the feel good effect of 2021 Budget which will be tabled tomorrow.

Well done Everyone !

Meow Meow Meow
05/11/2020 10:40 PM
lumbercpo volume coming in!!
06/11/2020 3:05 PM
lumbercpo fund buying
11/11/2020 3:33 PM
lumbercpo soybean superbull follow by cpo
11/11/2020 3:33 PM
JuYeoh Palm oil trading at RM 3346/MT - info by MOPB .
12/11/2020 2:45 PM
JuYeoh Bullish Palm oil Indices
1) FBM Palm oil -NC up +139.25
2) plantation. Up + 69.30
3) FBMAsian Palm -MYR up + 145.3
4) FBM Palm oil -USD - up+52.34
12/11/2020 3:16 PM
lumbercpo tml RM3.00
12/11/2020 6:26 PM
JuYeoh Malaysian Palm oil - Trading at RM 3391 yesterday 12/11/2020 (Info by MPOC) Well Done!!!
13/11/2020 10:38 AM
JuYeoh Hopefully Palm oil price will surpass RM 3400 /MT ..
13/11/2020 10:39 AM
lumbercpo RM3.5 coming
13/11/2020 3:58 PM
Minagrace Breakout RM 3. Nice
13/11/2020 5:01 PM
Pinky Years ago I fully sold out at 3.63

Hope can reach that price again
13/11/2020 5:04 PM
lumbercpo lumber and soybean futures bull again. soybean expect to reach 1500usd soon.
18/11/2020 8:52 AM
lumbercpo fcpo RM3600..walaoeh
19/11/2020 11:13 AM
Pinky Then may TAANN go back to RM3.60!
19/11/2020 11:21 AM
chshzhd cpo price rise rise rise .. but oil palm shares "dare not" to wake up:)
.. the volcano is going to explode :) 火山要爆发了:) gunung berapi akan meletup:)
20/11/2020 11:53 PM
Minagrace 30% associate SWKPLT posted super result. Expect similar good quarter for Taann. Prepare to take off next week.
21/11/2020 11:59 AM
bearcomebullgone apa ni cilaka blm keluar QR ke?????
27/11/2020 11:37 PM
Chua Zhi En a lot of ppl already know the QR is on 30th.
28/11/2020 12:47 PM
Chua Zhi En based on those online guru/master's calendar.
28/11/2020 12:47 PM

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