Sector : PLANTATION


FGV ( PER -4.06 with NTA 1.30)  : how can I talk about sector-plantation without highlighting FGV ... FELDA GLOBAL VENTURES ... no more election rally, no more perks for poor Felda settlers ... no more makan suap, Isa caught and no more Eagle-plantation siphoning money out ... to UK and OZ. No more money to eat ... as the disgraceful managements sacked/resigned. Who is going to 'save' FGV? GOV to bail them out ... as always?

Blame it on low level of CPO which at low, below RM2k this month. More pain foreseen for many plantation companies ... wait for next QR.



BPlant (PER -791.45 with NTA 1.25) closed at 86cents. I used to trade her uptrend when it was listed (mommy is BStead also downtrending).


HSPlant ( PER 19.48 with NTA 2.04) ...crashing too.



IJMPlant ( PER -47.72 with NTA 1.49) : closed at its NTA value at RM1.49 ... two long monthly candle, making BAD QR ... and falling. No catch.



RSawit : (PER - 1.65 with NTA 0.37) closed at new low 16.5 level now.  No touch minus PER stocks.


THPlant (PER -48.89 with NTA 1.47) ... TH = Tabung Haji. No way we are going to invest TH's counters.





TSH (PER 26.74 with NTA 0.91) ... closed at RM1.

Will check more by end-Dec.

TEH