Intelligent Investing

How did plantation stocks perform so far this year?

Ricky Yeo
Publish date: Tue, 02 Sep 2014, 01:05 PM
Ricky Yeo
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Back in end of 2013 and early 2014, particularly between January and March 2014, many research brokers, bloggers post about their research and findings on which plantation stocks have the biggest potential to reap benefits from the expected increase in CPO prices this year, some went even further, singing the hype why plantations stocks will be the hottest thing and biggest gainer this year, just like the hype blowing Oil & Gas industry last year. 

Now it has been almost 6 to 9 months since those people made their prediction, lets have a look at how some of the popular plantation stocks have performed so far. 6-9 months are not considered long unless you are a trader. Share prices might have or have not fully reflect the underlying business performance, nonetheless it is a good time to look at how would you have performed if you had buy into the hype and promise of high CPO price will make your wealthier.

 

 

 

 

 

Average Share Price

Current Price

YTD Gain from holding period

 

Company

January

February

March

 

January

February

March

Average

TSH

$2.90

$3.00

$3.20

$3.30

13.79%

10.00%

3.12%

8.97%

JTIASA

$2.25

$2.40

$2.75

$2.11

-6.22%

-12.08%

-23.27%

-13.86%

TAANN

$4.00

$4.00

$4.30

$3.94

-1.50%

-1.50%

-8.37%

-3.79%

SOP

$6.70

$6.20

$6.50

$6.05

-9.70%

-2.42%

-6.92%

-6.35%

THPLANT

$1.85

$1.80

$2.05

$1.78

-3.78%

-1.11%

-13.17%

-6.02%

GENP

$10.50

$10.30

$10.75

$9.95

-5.24%

-3.40%

-7.44%

-5.36%

IJMPLNT

$3.40

$3.30

$3.50

$3.55

4.41%

7.58%

1.43%

4.47%

KLK

$23.50

$24.00

$23.70

$21.94

-6.64%

-8.58%

-7.43%

-7.55%

UTDPLT

$26.00

$25.50

$25.20

$27.52

5.85%

7.92%

9.21%

7.66%

 

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Discussions
Be the first to like this. Showing 4 of 4 comments

Flintstones

That shows how dumb are our research house analysts

2014-09-02 20:09

haikeyila

and people still listen to their analysts? might as well just flip coins.

2014-09-03 21:08

godbless88

Agreed, they sucks. Anyway. CPO might sucks for now, but I reckon it'll improve by the next year.

2014-09-13 12:22

bsngpg

Many research brokers, bloggers performed and posted their research works based on scenario at that time. They used formal forecasting and analysis methods which were acquired from school. Some did very good works while some don’t, just like in our school days, some scored A and some don’t but their hard works and contribution should not be discounted. Hindsight is always easy and self-amused.

2014-09-28 14:28

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