On Friday I bought at 2.93, this is now my main plantation investment followed by UP,THP, Bumitama and Thailand's UVAN (best performer) Here in the UK, garden furniture has gone up over 150% over the last 2 years, much of it is made from Malaysian wood, plywood has also soared in price - this should help companies like TA AAN. I primarily bought this company for it's palm oil production but the timber division could prove to be very profitable as well over the next few years. With the crazy worldwide over reaction to Covid and the resulting money printing, inflationary pressures will be high and agricultural land should at least hold it's value.
Stock: [TAANN]: TA ANN HOLDINGS BHD
2021-09-06 03:12 | Report Abuse
On Friday I bought at 2.93, this is now my main plantation investment followed by UP,THP, Bumitama and Thailand's UVAN (best performer) Here in the UK, garden furniture has gone up over 150% over the last 2 years, much of it is made from Malaysian wood, plywood has also soared in price - this should help companies like TA AAN. I primarily bought this company for it's
palm oil production but the timber division could prove to be very profitable as well over the next few years. With the crazy worldwide over reaction to Covid and the resulting money printing, inflationary pressures will be high and agricultural land should at least hold it's value.