THE INVESTMENT APPROACH OF CALVIN TAN
Calvin Tan's Goldenagri Singapore Palm oil reported excellent 580% jump in profit YoY & Up 92% from 14 sen to 27 sen shows Palm Oil is in Bull Run
calvintaneng
Publish date: Sat, 13 Nov 2021, 07:55 AM
calvintaneng
0 1,859
Hi Guys,
I have An Investment Approach I which I would like to all.
I have An Investment Approach I which I would like to all.
Dear Investors of i3 Forum,
Yesterday was a testament to Palm oil Bull Run as Goldenagri which we bought at 14 sen is up a whopping 92% to 27 sen
Plus Results was a 580% rise YoY!
Johnzhang Palm oil producer Golden Agri-Resources has reported earnings of US$115 million for 3QFY21 ended Sept 30, up 580% y-o-y from a loss of US$5 million.
Revenue in the same period was up 76% y-o-y to US$2.8 billion,
The company notes that the on-going La Nina weather pattern will impact supply.
Yet, demand has not been “significantly affected” despite the high prices.
“Notwithstanding the more conducive market environment, we remain cautious of any uncertainties from the lingering global Covid-19 pandemic,” the company states.
“Looking forward, industry prospects continue to be positive given palm oil’s important role in supplying the growing global vegetable oil demand.”
Golden Agri-Resources closed Nov 11 at 27 cents, down 1.85% for the day and up 65.63% year to date.
Revenue in the same period was up 76% y-o-y to US$2.8 billion,
The company notes that the on-going La Nina weather pattern will impact supply.
Yet, demand has not been “significantly affected” despite the high prices.
“Notwithstanding the more conducive market environment, we remain cautious of any uncertainties from the lingering global Covid-19 pandemic,” the company states.
“Looking forward, industry prospects continue to be positive given palm oil’s important role in supplying the growing global vegetable oil demand.”
Golden Agri-Resources closed Nov 11 at 27 cents, down 1.85% for the day and up 65.63% year to date.
13/11/2021 6:37 AM
READ ITS BULLISH OUTLOOK
“Looking forward, industry prospects continue to be positive given palm oil’s important role in supplying the growing global vegetable oil demand.”
WE REPEAT IN BOLD
LOOKING FOREWARD, INDUSTRY PROSPECTS CONTINUE TO BE POSITIVE GIVEN PALM OIL'S IMPORTANT ROLE IN SUPPLYING THE GROWING GLOBAL VEGETABLE OIL DEMAND
THIS IS THE REASON WHY CALVIN NOW LIVING IN SINGAPORE IS BULLISH IN MALAYSIAN OVERLOOKED, UNLOVED & MISUNDERSTOOD PALM OIL SHARES
See price chart of Goldenagri
SGX: E5H
Follow
1D
5D
1M
6M
YTD
1Y
5Y
Max
| Open | 0.27 |
| High | 0.28 |
| Low | 0.26 |
| Mkt cap | 3.40B |
| P/E ratio | 7.45 |
| Div yield | 2.84% |
|
|
C |
| 52-wk high | 0.30 |
| 52-wk low | 0.14 |
WHILE gOLDENAGRI (SPORE) IS UP 92% MOST MALAYSIA OIL PALM SHARES STILL ONLY GAINED 0% TO 15%
THAT IS THE STRONG REASON WHY WE ARE JUST SO BULLISH WHILE OTHERS REMAIN BEARISH
Warm Regards
Calvin Tan
Jurong West
Reuplic of Singapore
Please buy or sell after doing your own due diligence or consult wise Reimisier/Fund Manager
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Discussions
Be the first to like this. Showing 16 of 16 comments
True. I have many Oil Palm counters waiting for the bumper profits to be announced in the next few quarters.
2021-11-13 09:58
Other members also buying valuable stocks but not behave like this iddiot spammer
We all feel ridiculous nonstop posting nonstop promoting
As I said earlier, if you so confidence to wait and if you so confidence what you invest why everyday need to promote, why everyday put up so many blog, why everyday go different stocks forum keep on promoting your palm oil stocks?
This is very obvious you want to cash out your share bought and treat other members as waterfish.
In the real world, no free lunch to people unless you want to take advantage from others
I don't know why 3iii administrator didn't take any action to suspend this iddiot account to avoid further keep on spamming everyday and every way
I pegging administrator need to take proper action against this spammer
2021-11-13 13:15
Now all open your eye and see this iddiot spammer sold all MHC stock since this iddiot spammer so confidence about the palm oil sector earlier and keep on promoting to all members everywhere.
You see what I told the marker is correct, this iddiot spammer wanted to cash out so keep on promoting to all members then can cash out easily.
I so pity members here listen to this iddiot end up you can burn you hard earned money and this iddiot laughing at you later.
https://klse.i3investor.com/servlets/forum/600571451.jsp
2021-11-13 13:16
After Goldenagri Calvin's Bumitama agri also posted the All Time Record Prices!
https://ir.bumitama-agri.com/financial-information/quarterly-results
2021-11-13 13:49
ah calvin, goldenagri's profit up so much, still can jump double from 27sen to 54sen boh ?
2021-11-13 16:15
palm oil already all time high but majority palm oil players share price still remain laggard. it does not go in tandem neither it go way ahead of palm oil's price.
this could only mean that palm oil price rally does not really has any correlation to palm oil players' share price. it's still very much depend on their earning after all.
by time they report good earnings, palm oil's rally could have ended, then it is very much back to square one.
how do you explain this Calvin ?
2021-11-13 23:02
ok. i open my eye big big, nov 21 to may 22, from good to excellent then fantastic.
will monitor closely to see if it materialize....!? after all you have been yelling bullish for so long. i hope your foresight is 'foreseeable'.
tq yah Calvin.
2021-11-13 23:32
Other members also buying valuable stocks but not behave like this iddiot spammer
We all feel ridiculous nonstop posting nonstop promoting
As I said earlier, if you so confidence to wait and if you so confidence what you invest why everyday need to promote, why everyday put up so many blog, why everyday go different stocks forum keep on promoting your palm oil stocks?
This is very obvious you desperately want to cash out your share bought and treat other members as waterfish.
Now all open your eye and see this iddiot spammer sold all MHC stock since this iddiot spammer so confidence about the palm oil sector earlier and keep on promoting to all members everywhere.
https://klse.i3investor.com/servlets/forum/600571451.jsp
I so pity members here listen to this iddiot end up you can burn you hard earned money and this iddiot laughing at you later.
In the real world, no free lunch to people unless you want to take advantage from others
I don't know why 3iii administrator didn't take any action to suspend this iddiot account to avoid further keep on spamming everyday and every way
I pegging administrator need to take proper action against this spammer
2021-11-14 23:50
You are the one spamming while Calvin posted facts
See what is spam
What does spam mean on social media?
unsolicited messages
Spam can be defined as irrelevant or unsolicited messages sent over the Internet. These are usually sent to a large number of users for a variety of use cases such as advertising, phishing, spreading malware, etc.6
2021-11-15 00:10
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calvintaneng
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2021-11-13 08:01