Highlights
KLSE: TDM (2054)       TDM BHD MAIN : Plantations
Last Price Today's Change   Day's Range   Trading Volume
0.19   +0.005 (2.70%)  0.18 - 0.19  4,679,000
Analyze this stock with MQ Trader system

IPO Info

Key Data:
General Retail Institutional
Offer Period
Opening - - -
Closing - - -
Price
Issue Price - - -
Par Value 0.000 - -
Units - - -
No of Shares
Public Issue - - -
Offer for Sale - - -
Private Placement - - -
Time Table
Allotment Date - - -
Listing Date - - -
Issuing House - - -
ISIN Code - - -
Prospectus:
-
Trade this stock with T+7 trading account. Find out more.

  15 people like this.
 
bulldog https://www.hellenicshippingnews.com/indias-palm-oil-imports-jump-8-as-malaysian-shipments-surge-trade-body/

Huat chaiii...
18/11/2019 6:51 AM
bulldog Strong today... prepare for uptrend

Huat chaiii...
18/11/2019 9:12 AM
SaveMsiaFromPHGov Waah

Opening 18.5
18/11/2019 9:18 AM
SaveMsiaFromPHGov Looking good
18/11/2019 9:18 AM
bulldog Buyer@18 pile up.....

Huat chaiii..
18/11/2019 9:22 AM
bulldog The momentum towards the Sky

Huat chaiii.
18/11/2019 10:39 AM
bulldog Accept offer today..10 days later

Huat chaiii
18/11/2019 10:40 AM
bulldog Fuyyo. 19 gone

Huat chaiii
18/11/2019 10:42 AM
bulldog Tunjuk langit

Huat chaiii
18/11/2019 10:43 AM
bulldog Hold tight

Limit up is the target

Huat chaiii...
18/11/2019 10:45 AM
bulldog Up up and on the way

Huat chaiii.
18/11/2019 10:48 AM
PrinceofIpoh Indication of strong qr. Dont sell you!
18/11/2019 10:49 AM
bulldog Hopefully can get dividend this QTR

Huat chaiii...
18/11/2019 10:58 AM
bulldog No more cheap tickets

Huat chaiii..
18/11/2019 11:53 AM
bulldog Last call to jump on the bandwagon.....

Huat chaiii..
18/11/2019 11:54 AM
bulldog Strong upward trend... waiting to explode


Huat chaiii...
18/11/2019 12:02 PM
bulldog Buyer@19 start to accumulate

Huat chaiii...
18/11/2019 12:09 PM
bulldog Accept offer today....10days later

Huat chaiii...
18/11/2019 12:20 PM
bulldog The sleeping giant just finished dreaming....

Huat chaiii..
18/11/2019 12:52 PM
bulldog Time to penetrate@24.....52weeks high

Huat chaiii...
18/11/2019 12:53 PM
bulldog https://www.theedgemarkets.com/article/plantation-firms-set-see-best-quarter-2017-—-analyst

Huat chaiii..
18/11/2019 1:26 PM
bulldog Highlight
Plantation firms set to see best quarter since 2017 — analyst
Tan Xue Ying
/
The Edge Financial Daily

November 18, 2019 08:16 am +08

This article first appeared in The Edge Financial Daily, on November 18, 2019.


There should be stronger demand towards year end from China and the EU due to the possibility of higher palm oil export duty.

KUALA LUMPUR: After suffering through the past two years from low crude palm oil (CPO) prices, plantation companies are beginning to see some light at the end of the tunnel.

There are now enough reasons to believe that plantation companies could register stronger earnings for the fourth quarter of 2019 (4Q19) which — as PublicInvest Research analyst Chong Hoe Leong puts it — could well be their best quarter since 2017.

“We think the upcoming 3Q19 corporate results for Malaysian plantation companies may still be lukewarm, since the rally in CPO prices had only started in late August.

Advertisement

“But 4Q19 results could be one of the strongest quarterly results seen since 2017. Small- to mid-cap plantation stocks remain our favourite especially Sarawak Plantation Bhd and Ta Ann Holdings Bhd as valuations remain attractive at current levels,” Chong added.

Last Monday, industry regulator Malaysian Palm Oil Board (MPOB) said the country’s palm oil inventories dipped 4.1% to 2.3 million tonnes — its second lowest level this year after August’s 2.25 million tonnes — as output fell and the pace of exports quickened.

The MPOB in September revised Malaysia’s 2019 annual output slightly lower to 20 million tonnes from its initial forecast of 20.3 million tonnes, and said it expected inventories to fall to two million tonnes by December.

“The MPOB report emerged better than expected, offering a bullish outlook to the already strong prices, said Singapore-based Palm Oil Analytics owner and co-founder Dr Sathia Varqa. “CPO prices are likely to continue climbing in November and December with little downside risks for now.”

Varqa believes the improved selling prices will translate into strong plantation companies’ earnings as soon as in 4Q19.

“However, [the] full-year average is still expected to be below of that of last year,” he said when contacted.

CPO futures have regained much of their lost ground, closing at a two-year high of RM2,627 a tonne on the day Malaysia’s October palm oil statistics showed lower-than-expected production and better-than-expected exports.

Last Friday, the benchmark palm oil price settled at RM2,568 a tonne, still up about 32.6% from its 2019 low of RM1,937 in July.

PublicInvest Research’s Chong believes there is still room for CPO futures to rise to breach the RM2,800-level in the coming months on tightening CPO supplies.

Stockpiles are expected to continue to decline following the commencement of an earlier-than-usual low production season, as well as a nearly 20% month-on-month growth in exports as seen in preliminary estimates tracking the first 10 days of November.

There should be stronger demand towards year end from China and the European Union (EU), as buyers tend to lock in orders ahead of the possibility of higher palm oil export duty in both the Indonesian and Malaysian markets since CPO prices surpassed the minimum threshold level of RM2,250 a tonne, he added.

However, Maybank Kim Eng analyst Ong Chee Ting cautioned against extrapolating the preliminary exports statistics for the rest of the month. CPO prices are also likely due for a short correction before gaining strength again in the first half of 2020, he said.

“The recent jump in CPO price has sharply narrowed the price discount of CPO to soybean oils to US$83 (RM344.45) to US$114 per tonne, below historical averages. Furthermore, palm biodiesel is now trading at a premium to diesel price which will discourage discretionary biodiesel blending.

“We believe palm oil has lost some price competitiveness and this will be reflected in slowing exports in the coming months,” Ong added.

Nevertheless, given the lower carried forward stocks into 2020, biological tree stress, and slower growth in the mature oil palm areas due to the lack of new plantings in both Malaysia and Indonesia since 2015, Ong expects stronger CPO prices in 2020 and 2021 than in 2019 as overall palm oil supply tightens.

Maybank Kim Eng maintains its CPO average selling price forecast of RM2,100 a tonne for 2019, RM2,300 for 2020, and RM2,400 for 2021.

Huat chaiii....
18/11/2019 1:30 PM
ProsperousRealm Kim Eng forecast average CPO selling price:

RM2,300 per tonne for 2020
RM2,400 per tonne for 2021

So obviously such a big, bad, bloddy load of crrap.

Even my seven year old daughter can do much better than that.

She said, 'Hey, Kim Eng, idiot, CPO already hit intraday high RM2,657 per tonne last Monday'.
18/11/2019 4:08 PM
bulldog Tomorrow show will be interesting

Huat chaiii...
18/11/2019 4:13 PM
ProsperousRealm Oil palm growers urge 'aggressive fight' against discrimination

https://www.thestar.com.my/business/business-news/2019/11/18/palm-oil-growers-urge-039aggressive-fight-against-discrimination
18/11/2019 5:50 PM
RiverOfSilver Palm oil futures climb toward 2-year high

https://www.thestar.com.my/business/business-news/2019/11/18/palm-oil-futures-climb-toward-2-year-high-on-petroleum-soyoil
18/11/2019 9:36 PM
PrinceofIpoh @bulldog. Hopefully you are right this time. Today the palm oil congress will start. Definitely TDM needs some momentum.
19/11/2019 8:33 AM
PrinceofIpoh 18 Nov 19 2597
15 Nov 19 2571
14 Nov 19 2606
13 Nov 19 2586
12 Nov 19 2604
11 Nov 19 2627
8 Nov 19 2573
7 Nov 19 2528
6 Nov 19 2554
5 Nov 19 2515


Uptrend
19/11/2019 8:51 AM
RiverOfSilver MSPO trace app tracks palm oil from grower to customer

https://www.theedgemarkets.com/article/mspo-trace-app-tracks-palm-oil-grower-customer
19/11/2019 9:11 AM
SaveMsiaFromPHGov Waah. Opening 19.
19/11/2019 9:20 AM
bulldog Flushing the weak holder...

Huat chaiii...
19/11/2019 9:50 AM
SaveMsiaFromPHGov Drones that do the work of 500 farmers are transforming palm oil

https://www-bloomberg-com.cdn.ampproject.org/v/s/www.bloomberg.com/amp/news/articles/2019-11-18/drones-that-do-the-work-of-500-farmers-are-transforming-palm-oil?amp_js_v=a2&amp_gsa=1#referrer=https%3A%2F%2Fwww.google.com&amp_tf=From%20%251%24s&ampshare=https%3A%2F%2Fwww.bloomberg.com%2Fnews%2Farticles%2F2019-11-18%2Fdrones-that-do-the-work-of-500-farmers-are-transforming-palm-oil
19/11/2019 11:39 AM
bulldog https://www.freemalaysiatoday.com/category/business/2019/11/19/reinventing-palm-oil-with-drones/

Huat chaiii..
19/11/2019 11:42 AM
bulldog Strong base building and volume@19

Huat chaiii...
19/11/2019 6:19 PM
bulldog Tomolo break@21????

Huat chaiii...
19/11/2019 6:20 PM
bulldog https://m.malaysiakini.com/news/500403

Don't hesitate to take action against palm oil discrimination: Dr M

Huat chaiii...
19/11/2019 6:23 PM
bulldog https://www.thestar.com.my/news/nation/2019/11/19/dr-m-m039sia-won039t-go-to-wto-yet-over-eu-palm-oil-trade-barriers


Huat chaiii..
19/11/2019 6:25 PM
bulldog https://www.theedgemarkets.com/article/dr-m-ban-palm-oil-will-not-solve-deforestation

Huat chaiii...
19/11/2019 6:26 PM
GrowingRich Don't hesitate to take action against palm oil discrimination

https://m.malaysiakini.com/news/500403
19/11/2019 7:57 PM
GrowingRich Palm oil producers to set up fund to fight critics

https://www-nst-com-my.cdn.ampproject.org/v/s/www.nst.com.my/node/540232/amp?amp_js_v=a2&amp_gsa=1&usqp=mq331AQCKAE%3D#aoh=15741764509980&referrer=https%3A%2F%2Fwww.google.com&amp_tf=From%20%251%24s&ampshare=https%3A%2F%2Fwww.nst.com.my%2Fworld%2Fworld%2F2019%2F11%2F540232%2Fpalm-oil-producers-set-fund-fight-critics
19/11/2019 11:17 PM
bulldog https://m.malaysiakini.com/news/500468

Palm oil producers to set up fund to fight critics

Huat chaiii..
20/11/2019 1:04 AM
bulldog https://www.ttnews.com/articles/drones-do-work-500-farmers-transform-palm-oil

Huat chaiii..
20/11/2019 1:06 AM
bulldog https://www.google.com/amp/s/sg.news.yahoo.com/amphtml/vegoils-palm-surges-over-1-025924345.html?espv=1

VEGOILS-Palm surges over 1% as rival oils gain and ringgit weakens
Reuters19 November 2019, 2:59 AM UTC
SINGAPORE, Nov 19 (Reuters) - Malaysian palm oil futures on Tuesday recovered from two consecutive sessions of losses to trade 1.2% higher, as rival oils became costlier and as the ringgit weakened. The benchmark palm oil contract on the Bursa Malaysia Derivatives Exchange stood at 2,627 ringgit ($631.49) in early trade, after shedding 0.4% in the previous session. Palm oil rose as it tracked rival oils on the Dalian Commodities Exchange, which jumped on speculation that prices may move higher towards the end of the year, a Kuala Lumpur trader told Reuters. Dalian's January palm oil contract traded 1.3% higher while the soyoil contract rose 0.9%. Elsewhere, soyoil on the Chicago Board of Trade rose 0.3%. Palm is affected by price movements in related oils as they compete for share in the global vegetable oils market. Also supporting prices was a weaker ringgit, which fell 0.1% against the dollar, making the edible oil cheaper for holders of foreign currencies. Palm oil FCPOc3 may rise to 2,666 ringgit per tonne, as it has cleared a resistance at 2,608 ringgit, Reuters analyst, Wang Tao said. FUNDAMENTALS * U.S. corn futures on Tuesday rebounded from a one-month low touched in the previous session, after the U.S. Department of Agriculture pegged the harvest pace below market expectations. * U.S. oil prices fell for the second straight day on Tuesday amid market jitters over limited progress between China and the United States on rolling back trade tariffs, exacerbated by a rise in U.S. inventories. MARKET NEWS * Asian shares started Tuesday softer as another day awaiting clearer news on the progress of U.S-China trade negotiations weighed on jaded investors' sentiment. * Wall Street's three main indexes on Monday barely extended the previous session's closing records as investors waited for concrete progress on U.S.-China trade relations after mixed headlines. * The dollar fell against the yen on Tuesday as receding hopes for a preliminary trade deal between the United States and China hurt demand for the greenback.

Huat chaiii...
20/11/2019 1:08 AM
bulldog https://www.malaymail.com/news/malaysia/2019/11/19/pm-launches-mpobs-technology-for-oil-palm-phenolics/1811273

Huat chaiii..
20/11/2019 3:54 AM
bulldog Tidur mimpi sawit...
bangun minum sawit...
Mandi sabun sawit.
Minum sesudu sawit
Makan mee goreng sawit...
main saham sawit.
untung beli sawit
..24hours sawit

Huat chaiii...
20/11/2019 4:01 AM
bulldog https://www.thesundaily.my/local/oil-palm-cultivation-does-not-lead-to-deforestation-says-tun-m-FE1622337

Huat chaiii...
20/11/2019 4:01 AM
bulldog https://www.theborneopost.com/2019/11/19/licenses-to-be-revoked-if-oil-palm-landowners-fail-to-get-mspo-cert-next-year/

Huat chaiii..
20/11/2019 4:03 AM
bulldog https://www.google.com/amp/s/www.nst.com.my/node/540232/amp?espv=1


Palm oil producers to set up fund to fight critics

Huat chaiii...
20/11/2019 4:04 AM
bulldog https://www.malaymail.com/news/malaysia/2019/11/19/malaysia-indonesia-palm-oil-producers-to-set-up-fund-to-fight-critics/1811448

Huat chaiii...
20/11/2019 4:06 AM
bulldog https://www.google.com/amp/s/www.nst.com.my/node/540062/amp?espv=1


Malaysia seeks intervention from WTO on palm oil issue

Huat chaiii..
20/11/2019 4:08 AM


 

407  295  534  763 

ActiveGainersLosers
Top 10 Active Counters
 NameLastChange 
 TRIVE 0.01-0.005 
 SAPNRG 0.295-0.005 
 TIGER 0.075+0.015 
 ARMADA 0.53+0.005 
 HSI-H8F 0.25-0.085 
 FINTEC 0.08+0.01 
 AT 0.085+0.01 
 KNM 0.425-0.015 
 DGB 0.16+0.01 
 HSI-C7F 0.27+0.065 
Partners & Brokers