31st March Teck Guan reported EPS 42.98 sen for its quarter ending January and its previous quarter EPS was 4.7 sen, a fantastic jump in profit. On 2 April I wrote and posted my article namely “Teck Guan is leading the way”. Its share price chart below shows that it has shot up from Rm 1.37 to close at Rm 2.25 today. It has gone up 88 sen in the last 4 trading days. Only today it has gone up 29 sen.
Warning:
I am obliged to warn all my readers that Teck Guan has shot up too fast and it is risky to buy it at the current price level. Its upside is limited. Moreover, it has only 743 Ha of oil palm plantation in Sabah as you can see from its 2021 annual report.
Just for comparison, SOP has 88,000 Ha, Surbur Tiasa has 13,000 Ha, Cepatwawasan has 10,000 Ha and Jaya Tiasa has 70,000 Ha.
The best Plantation Stocks to buy are Subur Tiasa, Cepatwawasan, SOP and Jaya Tiasa. You can the comparison based on the last traded prices.
Name |
Price |
Latest EPS |
Price ÷EPS |
Subur |
Rm 1.86 |
16.15 sen |
11.6 |
Cepat |
Rm 1.09 |
7.74 sen |
14.0 |
SOP |
Rm 5.70 |
36.44 sen |
15.7 |
Jaya Tiasa |
Rm 1.02 |
5.28 sen |
19.3 |
Chart | Stock Name | Last | Change | Volume |
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Created by Koon Yew Yin | Jul 22, 2024
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Enough with KYY. Follow this old man guaranteed go Holland. Follow Pinky buy Ta Ann. Pinky's stock calls (except for Serba Dinamik) all made money.
2022-04-06 23:39
Just wait for 'Teck Guan is hopeless' soon! Anyway, i was abit taken aback why Grandpa Koon would promote Teck Guan in the first place!
For me, i look for who has the biggest palm bank! That's why i put some in FGV!
2022-04-07 00:14
Just to clear things up, i don't recomend FGV as i stop recomending any stocks! I bought FGV a while back, i am just selling at strength! I am retiring from stocks soon!
2022-04-07 00:16
Uncle Koon, don't tell me you didn't take all these info into account when you bought / promoted Teck Guan? Please don't mention any of my golden selection cos the price will see a spike up and then sharp fall as with all you have touched
2022-04-07 06:45
This company is related to palmoil business, eventhough its plantation is relative small but its other aspect of the palmoil business are very strong like its Mills and its palmoil marketing & trading business and most of its big profit come from here.
As long as cpo price remain high, you will see this co wii churn in high profit every qtr.
2022-04-07 07:57
This company is related to palmoil business, eventhough its plantation is relative small but its cpo mills and its palmoil trading & marketing business are very strong generating huge profits.
2022-04-07 08:00
As long as cpo prices remain strong, it will continue to register record profit.
2022-04-07 08:01
Calvin's best free advise but full of value if you will take heed
Tecguan is a very small palm oil owner with only less than 2,000 acres
It's latest quarter results was boosted by buying Ffb to make high value Palm kernel oil
It was fortunate as lact qtr Ffb still relatively cheap below Rm1,000 a ton
Now no more. fresh fruit bunches now over Rm1,350 a ton Tecguan will face high feed cost and one off good result will not be repeated again
Tecguan reminds me of Careplus spiking up from less than 50 sen to the high of almost Rm4.50 during Glove bull run
Those chased Careplus near Rm4.50 were trapped so those chase Tecguan now will also overpay
Better sell tecguan and buy these
1. Jtiasa
Highest was Rm3.35
Will reach Rm2.50 to Rm3.00
2. SOP
Will reach Rm10.00
Avoid Subur and Cepat as palm oil acres below 100,000 acres
3. Buy Tsh Resources for fastest growth
4. Buy Bplant got high dividends
Final decision is yours
Regards
Calvin
2022-04-07 08:47
TECK GUAN PERDANA BERHAD
Type Announcement
Subject MONTHLY PRODUCTION FIGURES (MINING / PLANTATION / TIMBER)
Description
PRODUCTION FOR FEBRUARY 2022
Pursuant to paragraph 9.36 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Board of Directors of Teck Guan Perdana Berhad is pleased to announce the production figures of the Group for February 2022 as follows:
PRODUCTS PRODUCTION AMOUNT (Metric Tonnes)
Fresh Fruit Bunches (FFB) 884
Crude Palm Kernel Oil (CPKO) 2,987
Palm Kernel Expeller (PKE) 3,274
This announcement is dated 30 March 2022
If you look into their monthly production figures you should know their FFB production is very small.
The last quarter profit is from their Palm kernal crushing plant. Teck guan buy kernal from palm oil mail and crush the palm kernal into CPKO and PKE for selling.
2022-04-07 08:53
Correct
Klk, Simeplant, Ioi corp, SOP, Tsh resources all also got lots of palm kernel
they also have mills and even Refineries
plus all got from 200,000 acres to millions of acres palm oil estates will do much better now
2022-04-07 09:59
I m surprise that Sslee being a palmoil man, do not understand the dynamic of the palmoil business loh!
Sometimes...u can make alot of money even more than plantations by just doing the crushing of FFB mah!
Btw FGV is valuable bcos............they own Many CPO mills......not bcos it has many hectares of plantation as this own mainly by Felda
2022-04-07 10:11
whatever KYY Hold must be gooding, after he sold they will be turned into hopeless stocks. after he bought back they will be transformed into golden shares again
2022-04-07 14:48
This oldman is a Parkinson patience. He shit in his underwear also unaware. But still want con people
2022-04-07 15:28
2 Apr he post "Teck Guan is leading the way", his follower might go in after this article, then 6 Apr he post "Teck Guan profit growth is limited"....except somewhere in Holland, not sure where his followers will landed.
2022-04-07 17:24
he will say one thing tody and the opposite next day. remembber dayang, supermax, topglove etc. i wish for him to get watery stools for the next 30 days. or better still go to tongsan
2022-04-07 18:22
only silly people in i3 still bother continuously clicking this old fart's blogs. U wanna level up investment skill? look for better blogs than i3
2022-04-08 02:00
Pinky
Hahahahaha typical KYY script again
2022-04-06 23:36