RM9 to below RM1.00. No joke.

Better put in EPF. Compound 6% for 8 years get 950.
__________________
849 gain for a 1600 invest over 8 years.

no such resolution. OK. Panic sell.

#sukaSukaUPsukaSukaDOWN

later AGM pass resolution to pay 10sen special dividend from land sale. Then u see panic buy again. Hahahhaa

Will be like this for next 6 quarters when market sees direction

Entering recession. Buy in commodities where people need to buy in good or bad time and collect dividend.

That’s why have to sell before div ex date no matter what…cos after ex date, the selling pressure is much high…

Always can buy cheaper, up that time remember to sell…

Even a company with market cap below its cash value is not considered undervalue business prospect is bad.

U use this term only when business prospect is good and prospect is not priced in yet. Not on counter with bad business prospect like gloves.


———————————-
SvanPua
Is glove undervalued now ?
16 minutes ago

Market is full of sh*t

No rush to collect, wait Aug QR pulak. Maybe july start collecting.
-----------------------------
ImLearningFromSifu

RJ... 0.955 already... sudah dapat ka? haha

Retrospectively, why didnt you say same when he was buying at RM6?
—————————————
Income
You all think Tan Sri idixt kah buying now? Tan Sri is clever to buy now…
1 hour ago

Tmr can queue siap2 95sen

Then u better sell…tmr might drop below RM1
—————————
ImLearningFromSifu
RJ..... our "plan" tak jalan....
hahahahaahahahahahaha

Should pay attention to contribution from Sabah Plantation. Most cash generated from operation comes from there.

In any gambling, those who wins are those who knows when to join and when to leave the table.
Those that doesn’t know when to leave usually the one forced to leave.

The one that leave the table with empty pocket are usually the one that says “It’s just ONE BLACK JACK” that never came.

Don’t laugh at people la. Very difficult to stomach losses. Especially the part to accept your mistake.
A big bunch of holders here probably newbie who their account in Mid 2020. Anyone that join before 2020 or 10-20 years already know what’s Topglove about. Most seasoned invest already cut win when TG was RM15 what’s more RM29. Whoever that bought TG at RM29 are definitely new conned by IB. I remember I read, R** bank IB putting TP 40 with RM110B market cap. How irresponsible.

Sooner you learn to own up your mistake, sooner you learn to cutloss, make better entry and exit.

harta taikor smarter than TG taikor even harta taikor don’t have PhD etc etc.

The difference between harta and TG is harta nvr pay dividend. Cash in your pocket is always better than cash in someone else’s pocket and expect them to be loyal.

Not only they sell, they short u somemore. Hope TSLWC learn from WB and his lesson. If no necessary, don’t pay dividend.

Buy genting or go genting also not bad.

Whole bursa 1000 counters…die die want to hold this one…

what’s really obvious was when bankers has skin in gloves, they punt for gloves like no tomorrow. I still remember got one IB put market valuation of RM100B for topglove. But when comes to counters they have no skin in the game or worse, they issued SCW at low price, NEUTRAL or UNDERWEIGHT

any earning forecast folks?

I sold for the same reason. But ironically, Sabah is major contributor to Bplants revenue.
———————————-
Sslee
The irony is when bplant bought Sabah plantation land from Duta Yap, I quickly sold all my bplant. And when CPO price increase to RM 4,000 and news of YTLpower bought Bplant land, I buy and buy Bplant.
14 hours ago

Brian, no need waste ur time.

Just in case you don’t know what’s driving the market, let me share u. It’s IGNORANCE.

If everyone knows how to make good beef Wellington, sorry, who is Gordon Ramsay again?

This is correct. Same spec with UP 6B market cap. Got 1.5 times upside, and with dividend is 2.5 times upside.
——————————————-
i3lurker
BPlant is good counter lah, dun scare people with 50 sen price

potential United Plantations standard with RM10.00 per share

Another counter than u guys can check out is armada. Almost 200m cash generated for Q1.

And if u see how they reduce 18B debt to just 6B now is nothing short of miracle.

Still don’t get why sifu cold eye sold all.

Cash generated from operation is very important for any business evaluation.

U want company with strong price to cash generated. Probably better metric than PE

Very stupeet one these shortist. U go TG at this price still got chance.

TG report 50-100m losses that time u can make 10-20% by shorting.
Come short plantation thats going to have strong earnings. Really stupeeedt

wallstreetrookie, very bullish ya.

Dunno when it will go above RM2

split fund into long, mid and short. Each entry different TP.

Short one are 1-2weeks, buy at panic selldown. 3-5% rebound take profit.
Mid one are support broken, 1-2weeks after support broken and price stabilizes. Hold 3-6 months.(Basically give company a couple of quarters to fix their shit)
Long one a buying into good fundamentals. Hold 1-2 years. Usually counters with dividend.

I also laugh at you. I locked in profit for 99.5 entries, 1.00, 1.01, and 1.02 entries 25K per batch at 1.07 and 1.08.

I learn to up that time take profit, down that time buy back. As long as company fundamental good, will continue to do that. Price uptrend to next year feb is not going to be straight line anyway.

U buy at what price oh?

=======================
ImLearningFromSifu

haha.. no hold also cannot lo....
because now still red. hahahaaha

46 minutes ago

I sold Bplant in 2018 because they bought plantation in Sabah. They misprice the value of the plantation. All trees where old and need replanting. I sold without looking back knowing very well next few quarter going to be red.

Now, from last year RM5.8M bounce to RM71M. This is not because CPO. This is because the plantation is starting to mature. Don't be surprise if you see crazier number next quarter.

on top of that, bplant don't sell at forward pricing like simeplant stucked at RM4K to RM5K for don't know how long. Folks from Simeplant, time to sell ur simeplant and hop over here.

When this kinda good QR coming out but "analyst" seems to be unusally quiet and no coverage. U tau2 la.
Normally those that they buy in, cepat je they say good things on bad QR. When no buy in, they either keep quiet or just meehhhh. U wait them collect next 2 QR and see, they pok pek pok pek non-stop on Q3'22 result in Nov

Excerpt from QR
===========
Average CPO price for the first quarter of RM6,030 per MT was higher than last year’s corresponding
quarter of RM3,751 per MT by RM2,279 per MT (61%). Highest monthly average CPO price of
RM6,780 per MT was recorded in March 2022 which surpassed last year’s highest monthly average
CPO price of RM5,159 per MT recorded in November 2021. PK's average price of RM4,655 per MT
was higher by RM2,135 per MT (85%).
FFB production for the quarter of 195,882 MT was 9% higher than the production in the first quarter
of 2021 of 180,165 MT, contributing a yield of 2.9 MT per Ha as compared with 2.7 MT per Ha in
the same quarter last year. This improvement was the effect from the Plantations Performance
Improvement Program laid out in the Group’s 2022 Business Plan which focuses on yield
enhancement. OER and KER increased from 20.3% to 20.6% and from 4.0% to 4.1% respectively.

Performance Review (Cont’d.)
Sabah region
==========
Sabah region achieved a segment profit of RM71.3 million for the first quarter, surpassed last year’s
corresponding quarter of RM5.8 million. Higher FFB production of 98,822 MT as compared to
87,289 MT in the same quarter last year, supported by higher palm product prices contributed to the
better result. OER of 20.5% was higher than last year of 20.4% and KER also increased to 4.2% from
3.9% last year.
Sarawak region
Sarawak region's segment profit of RM4.3 million improved as compared to last year of RM1.8
million. Higher palm products prices contributed to the profit despite the drop in production from
21,938 MT last year to 16,158 MT this year.

Cash generated from Q1,22 alone is RM98M. And compare to Bplant best quarter in Q3,2017 where cash generated by Q3 was RM160M averaging 50M a quarter. Price moved from 85sen to 1.1sen for 30% return after bonus issue.

Next quarter also another RM100M cash from operation and another bonus issue in Sept. Then, 60%-80% return from 85sen is not impossible.

https://imgur.com/a/z8Ymv7e

They only trim 1.5% after million and million shares they sold.

Actually, I don't want them to hold any if possible. Better let syndicate take over.

But it will cost syndicate 270M just to buy in. Not to say goreng yet. That's why u never see people like KYY punt for any counter with market cap above RM1B. Cost too much capital to push or support and not much meat if successful.
-------------------------------------------------------------------
From April 28 to May 5, among the notable shareholding changes that took place at Bursa Malaysia-listed companies were those at Boustead Plantation Bhd, where Lembaga Tabung Angkatan Tentera (LTAT) hived off 12.47 million shares to trim its stake to 10.59%, or 237.21 million shares. The state-controlled armed forces fund held a 12.07% stake, or 270.31 million shares, in the plantation company in late February.

Sawa live in his own world already. I hope you don't take a position too big.

RM11B market sitting on RM6B cash and asset. Still got room to drop. Even at market cap of RM9B, 3B premium on zero profit, how are you going to get ur premium back?

CPO price bounce back from from 6100 to 6400. Tmr dijangka naik.

Everyone want to lock in their 7%. Who know before ex date, it drop back to RM1 to buy back and still entitle for the 7%. This way, they make 14% instead of 7.

no la…I come here look for good debate to make better investing decision. Once decided on the strategy, I will see it through. Just now i tot someone was talking about me. “The rest has left”. No ar, i’m still here. Not as active. But still here.

This one seems easy and safe. I once wasted 15 months waiting DUFU to go up from RM0.8 to RM6. Although i didn’t make whole 600%. But that lesson taught me good business can hold as long as it’s still good. Makes no sense to sell good business just because it already up 30-40%. Sifu CYF was a millionaire and has trippled or quadrupled his millions.

U look at whole sector la, tell me which sector will do well? Construction rely on gov handout. Gov is pretty broke now. Property depends on Debt to GDP ratio. Debt to GDP at all time high. Tech depends on OPR. OPR drop, they up. Now OPR trending up or down to fight inflation? Onlly left OnG and Plantation will have green quarters. The rest very unlikely to be green in the long term.

Buy hold and collect dividend. That’s the plan. 4sen a quarter for a year busuk also got 16% yield

Then it’s obvious Diamond is baselining based on all small to mid cap plantation without knowing bplant very well…

A lot got spare money to go glove and tech 2 years

u wait people from tech and gloves cut their losses. They will come over here.

It's difficult to make earning estimate based on Q4,21 CPO price. It was RM3000-4000 range.
For Q1,22, it was between 6000-7000. Now, we can see how great the earnings.

ular finally tertawan. No more money to renew FD.

Next QR will be the full representation of RM6000 per tonne profit. I wonder how’s it going to look like.

300M? 400M or 500M profit?

If bplant rm3 I agree also.

If strong buy call doesn’t move price up, u guys sell lan ar? Wait price up first only make sell call can?
————————————-
onlyinvestment
Agree plantationgameover comment. If some people strong buy call we sell, at the same time some people strong sell call we buy, so now we buy or sell????? Hahahaha

No worries…they all end the same…

Fintec also a year ago did plenty of funny funny exercise. Alot of people argue with me its not the same. How money is raised to invest to make more money.

It changes nothing as it all did end up a scam. When u have no idea where the hell the raised money go, time to turn around and walk.

You dont see your brain doesnt mean you dont have one. Let me do you better.
Just because im here doesnt mean i wont run away with your money. Lai, bank in money to my account.

If funny to still see comment here.

U scroll back my last years debate. If u can find them, u shall find my arguments there.
The clowns that disagreed suffered 80-90% by now.

Its at the scam final leg my friend.

Dunno if bplant will make early dividend announcement due to good quarter. Once out u tak sempat chase. Will gap up 10-12sen.

This is the problem with market.

People run they cut loss. People chase they buy high. Without realizing, the strategy has become buy high sell low.