Highlights

Stock Price Target

 
Search
Recent Price Targets: [Sign In or Register (FREE) to view]
 
KLSE: THPLANT       TH PLANTATIONS BHD
Last Price Avg Target Price   Upside/Downside Price Call
0.415 0.33     -0.085 (20.48%)
* 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
14/09/2020 0.39 0.33 -0.06 (15.38%) SELL AmInvest Price Target News
27/08/2020 0.35 0.33 -0.02 (5.71%) HOLD AmInvest Price Target News
26/06/2020 0.31 0.33 +0.02 (6.45%) HOLD AmInvest Price Target News


Price Target Research Article/News (past 6 months)
14/09/2020  AmInvest Plantation - What's Ahead as China, India Reduce Import Dependency
27/08/2020  AmInvest TH Plantations - Net Gearing Is Still High
26/06/2020  AmInvest TH Plantations - Net gearing inches up to 215.6%



  4 people like this.
 
Atamis Hopefully today can close >0.375 then ready to climb higher
05/08/2020 2:29 PM
slee All Plantation counter release a good quarterly report..
24/08/2020 9:58 PM
Lee Rubber https://www.theedgemarkets.com/article/th-plantations-returns-black-helped-stronger-cpo-prices?type=malaysia
26/08/2020 8:40 PM
Lee Rubber Hope to see some positive movement tomorrow....
26/08/2020 8:42 PM
slee Now just started.... Investors Won't get 0.33 price anymore...
27/08/2020 2:17 PM
faqrulz TP>0.5
27/08/2020 6:31 PM
somchik collect lor slow slow kikiki,, dont jump start,, blom ckup minyak turbo kikiki
01/09/2020 10:29 AM
slee Buy...0.345 very strong support
01/09/2020 1:03 PM
somchik warm up session b4 the big race kikiki, to built up the rocket fuel kikiki
02/09/2020 9:58 AM
slee BPlant also nice....
02/09/2020 2:01 PM
targetinvest Cheapest plantation counter to ride this boom
02/09/2020 9:58 PM
targetinvest Now is hiding and not under many radars.. soon will wake up
02/09/2020 9:58 PM
targetinvest THPLANT rise from ashes
https://klse.i3investor.com/blogs/targetinvest/2020-09-03-story-h1513289417-THPLANT_LOOKING_FOR_BETTER_FORTUNES_IN_2020.jsp
03/09/2020 8:39 AM
somchik ledi ledi ting ting ..target volume > 10M fly to the moon kikiki
03/09/2020 8:43 AM
slee I on boat BPLANT d...
03/09/2020 8:53 AM
targetinvest any plantation also will boom.. just loop in only
03/09/2020 11:41 AM
targetinvest thplant production ok.. compared to other peers like dutaland kretam rsawit...
I can tell u thplant is really good and way better than those
03/09/2020 11:42 AM
KeepLearning Restructured done
CPO upward trend
Everything good
TH must up
03/09/2020 11:43 AM
targetinvest fcpo is very strong and projected to break 3000 already..
03/09/2020 11:44 AM
limontea THPLANT memang kuat~!
04/09/2020 10:16 AM
nazarudt resistance 39cts broken.. Next resistance 48cts.. Near term support at 37cts
04/09/2020 10:23 AM
limontea Today Friday, profit taking day. Let's see Monday if it can continue surge higher.
04/09/2020 4:23 PM
15/09/2020 9:32 AM
fujiapple Technically 0.4450 is resistance too...
15/09/2020 10:50 AM
15/09/2020 2:30 PM
Mabel Future FCPO has already breached RM 3000 around noon. However it retraces at 1500 hrs. Today 8 Mabel Plantations are GREEN while 3 are RED.

Meow
17/09/2020 10:45 PM
Mabel Harga Sawit naik lagi
RM 3100 dah tentu mari
Isteri pelabur senyum senang hati
Menyanyi tak berhenti henti

Meow Meow Meow
18/09/2020 4:16 PM
bulldog Post removed. Why?
18/09/2020 4:21 PM
Mabel Hujan Emas Glove sedang bekembang
Hujan Emas Vaccine mula nak jadi
Hujan Emas Bandar Malaysia mula di sembang
Hujan Emas Sawit sudah berbunga berseri seri

Meow Meow Meow
18/09/2020 4:33 PM
Rookieinvestor Good share to buy ?
19/09/2020 9:01 PM
Mabel Next week will go up...

The KLCI is trading above the 200, 100 and below the 20, 50 day moving average. Downward bias for the Immediate term for the KLCI in a range of 1474-1600.

Next Week Focus - Plantation, Constructions, Gloves and O&G since Brents has already breaches USD 40 and is on the rise.

Hujan Emas Glove sedang terbang
Hujan Emas Vaccine mula nak jadi
Hujan Emas Bandar Malaysia mula berkembang
Hujan Emas Sawit sudah berbunga berseri seri

Falling in love with Stocks at times is like jumping off Mabel Real Estates KLCC. Her brain tells, it is not a good idea, but her dildo tells, that kind of dreams make her moist..

Meow..
20/09/2020 12:28 AM
x_abe81 " On stocks selection, we believe pure plantation players (eg IJMPLNT, TSH, HSPLANT, FGV, SWKPLNT, KMLOONG, BPLANT, THPLANT etc) to benefit more from the recent surge in FCPO prices (+9.57% WoW) and 13.6% MoM) and could attract active trading interests in the near term. To recap, recent surge in FCPO was mainly driven by a confluence of positives such as playing catch-up with a rally in soybean prices due to robust demand from China (as major crops were destroyed by typhoons), renewed buying interests from India, a weak USD, expectations of the development of a La Niña climate pattern potentially leading to lower production etc.

Based on the monthly chart, FCPO could break the formidable LT neckline resistance near RM3200, supported by the bullsih indicators. A decisive breakout above this hurdle could spur prices higher at RM3400-3600 zones. Key supports are situated at RM2700-2900 levels. "

Ride before too late....
21/09/2020 3:39 PM
Mabel Meow Meow Meow

Thanks for sharing 81!
22/09/2020 9:53 AM
Mikecyc Referred to FY20 (Q2 ) ended June :

a) Financial assets

Trade and other receivables 38,857,000

Cash and bank balances 49,741,000


total = 88,598,000

b) Financial liabilities

Loans and borrowings 1,261,544,000

Trade and other payables 226,986,000

Lease liabilities 79,020,000

total = 1,567,550,00


a) - b ) = ( 1,478,952,000 )
24/09/2020 11:14 AM
Mikecyc PPE = 851,943,000

Cash n cash equivalents = 49,741,000

Asset as held for sale = 1,020,127,000

Total assets = 1,921,811,000

Loans and borrowings 1,261,544,000

> Gearing Ratio = 0.66
24/09/2020 11:30 AM
luveen96 Is it good to enter now?
24/09/2020 1:37 PM
investortrader88 https://www.thestar.com.my/business/business-news/2020/09/26/cpo-futures-likely-to-trade-higher-next-week
26/09/2020 6:50 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
Mikecyc Haha Why Plantations selling Plantation is a new normal nowadays ? Due to Huge Debt ..

1.) TDM intended to sell Indonesia Plantation for cash RM 200 million but failed.

2.) THplant is facing below issues on selling 2 subsidiaries owning 6,514 ha of land for RM170 million ...

--------

Sale of two TH Plantations unit to Tamaco for RM170m under review
Adam Aziz
/
theedgemarkets.com

July 22, 2020 13:46 pm

KUALA LUMPUR (July 21): The Prime Minister’s Department via the Economic Planning Unit (EPU) is reviewing the proposed sale of two TH Plantations Bhd subsidiaries owning 6,514ha of land for RM170 million.

TH Plantations announced on Dec 6, 2019 that it is planning to dispose of the two subsidiaries — Bumi Suria Ventures Sdn Bhd and Maju Warisanmas Sdn Bhd — to Tamaco Plantations Sdn Bhd

By landbank size only, the proposed transactions valued the combined 6,514ha at RM26,098/ha based on the proposed selling price of RM170 million, and RM30,396 based on JPPH valuation of RM198 million.

The sale of the two TH Plantations subsidiaries to Tamaco requires the approval of the EPU, as Tamaco is a non-Bumiputera company. The sale to Tamaco is pending approval on whether the transaction is at market price, and whether it will impact the long-term strategy of TH Plantations and its profitability, added the deputy minister.
30/09/2020 5:33 AM
Mikecyc Referred to FY20 (Q2 ) ended June :

a) Financial assets

Trade and other receivables 38,857,000

Cash and bank balances 49,741,000


total = 88,598,000

b) Financial liabilities

Loans and borrowings 1,261,544,000

Trade and other payables 226,986,000

Lease liabilities 79,020,000

total = 1,567,550,00


a) - b ) = ( 1,478,952,000 )
30/09/2020 5:34 AM
Mikecyc PPE = 851,943,000

Cash n cash equivalents = 49,741,000

Asset as held for sale = 1,020,127,000

Total assets = 1,921,811,000

Loans and borrowings 1,261,544,000

> Gearing Ratio = 0.66
30/09/2020 5:36 AM
Mikecyc haha intend to sell Assets worth RM 1,020,127,000... RM 170 million pun susah loh ..
30/09/2020 5:38 AM
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
Mikecyc haha so many risk factors ... better out from plantations loh..
30/09/2020 10:50 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
Mikecyc Malaysia’s CPO exports to China face stiff competition from Indonesia
Friday, June 12th, 2020 at , Economy | News

MALAYSIA’S palm oil exports to the Chinese market is likely to face fierce competition from Indonesia due to their competitive price point and higher crude palm oil (CPO) output.

Kuala Lumpur Kepong Bhd’s business director Ooi Liang Hin said CPO from Malaysian refineries are more expensive in comparison to oil produced in Indonesia that rides on cost advantages due to the nation’s large oil palm plantation and production.

“I do not see a huge drop. The industry is now worried about labour issues post-Covid-19 which might have an impact on harvesting rounds. It is still in the middle of being addressed, but overall, I do not think there will be a significant drop in Malaysia’s production,” he added.


China’s import for Malaysia’s palm oil has, however, shown a declining trend that dropped from 41% in 2016 to 30% last year.

He noted that China’s imports for palm oil will reach six million tonnes this year, in which shares of Malaysian palm oil could constitute between 30% and 40% out of the total import.

“We have to keep in mind that China mainly imports palmolein and they do not import CPO, so a lot of it depends on the structure in Malaysia.

“In the months between January and April this year, Malaysian palm oil shares in China’s import were high because Malaysia had an export duty on CPO and during the same period, Malaysia was unable to export palm oil to India. Therefore, Malaysia’s palm oil was more competitive to China in that respect,” he said in the webinar titled “Palm Oil in the Post Pandemic Market” yesterday


Malaysia’s total palm oil export from January to May 2020 decreased 23.9% to 6.09 million metric tonnes (MT) compared to eight million MT recorded in the same period last year.

The largest decline was registered in the subcontinent where exports accounted 65.9% to 928,734MT due to sharp decline of exports to India.

A webinar held by the Malaysian Palm Oil Council yesterday revealed that China topped the list as the main export destination with total palm oil exports to the country for the first five months of this year reaching 907,018MT.

It is a marginal increase of 0.84% from 899,429MT registered throughout January until May last year that constituted 14.9% of total exports share.

He added that palm oil output is not expected to see a significant drop despite the pandemic for the whole year in Malaysia.

He also forecast palm oil production in Malaysia to range between 19.2 million tonnes and 19.8 million tonnes in 2020.
30/09/2020 9:23 PM
davidkkw79 malaysia palm oil really lousy, USA soybean price has breaked out USD1040 which equal to at least RM4200, but malaysia palm oil CPO pride still around RM2800.... = = Bodoh mininster
07/10/2020 9:08 AM
HaroldHuong Plan to buy lower than 0.38 but very hard to get
07/10/2020 3:36 PM
HaroldHuong Next time
07/10/2020 3:36 PM
investortrader88 https://www.theedgemarkets.com/article/palm-oil-prices-rally-first-half-2021-say-top-analysts
09/10/2020 6:42 AM

APPS
I3 Messenger
Individual or Group chat with anyone on I3investor
MQ Trader
Stock Screener using Technical and Fundamental criteria
MQ Affiliate
Join the MQ Affiliate Program today to earn rewards
 

214  861  482  609 

ActiveGainersLosers
Top 10 Active Counters
 NameLastChange 
 KGROUP-OR 0.005-0.005 
 MLAB 0.02-0.005 
 AT 0.080.00 
 LAMBO 0.030.00 
 IRIS 0.265-0.04 
 LUSTER 0.175-0.015 
 DGSB 0.20+0.015 
 DAYA 0.015+0.005 
 MAHSING 1.04-0.10 
 DSONIC-WA 0.23-0.03 

FEATURED POSTS

1. The Equity Market Index Benchmark in Malaysia CMS
2. Trading Scenarios of Derivatives Bursa Derivatives Education Series
3. Derivatives 101 Bursa Derivatives Education Series
4. Why Trade FKLI? Bursa Derivatives Education Series
5. MQ Trader - Introduction to MQ Trader Affiliate Program MQ Trader Announcement!
PARTNERS & BROKERS