QR coming...goreng time

Not too worry too much palm oil holders. We have seen how Prop, Contruction, and Utility indices based around MA200 line before making a push for uptrend. Soon it will be Plantation index turn- well, Jtiasa has shown the way forward. Till then do CL or CW, as and when applicable, to avg down if you are stuck at the pinnacle. Once the two shorter MAs climb above MA200 and heading upward, we will see brighter light at the end of the tunnel. Things can't be all that bad...

Take yur time TSH. I am waiting at lower prices.

Aug 24th is expiry date of current Reg plan extension submission. Refer to Trader5 comment 4 dys back.

Do not underestimate Pak Tua.

@calvintaneng
At RM500/T, I hv little breathing space. Below RM400/T, i will hv to eat rice with salted fish once a day. Anything below...

We don't really see any drop in fertilizer cost at our local providers for the past 1 year. However, we pool our resources among smallholders to buy in big quantities and get cheaper prices than that by local providers. Even then the fertilizer cost remains flat. Not sure abt big boys though.

I sold my FFB in early June at a little under RM600. In early May when I sold, FFB was at RM700. My PO is in east coast. and I am a smallholder. If you sell direct to factory, you typically get better price.

Has anyone given thought on the Conditional Mandatory Takeover Offer below https://malaysiastock.biz/Company-Announcement.aspx?id=1488635

https://bit.ly/3IyYQri
It's not all gloom for plantation.

Sweet div today. Does not matter if other counters give better DY. Since we are in this stock, might as well enjoy the div.

Suweeeet dividend b4 end of the year. Hopefully another one in Q1 '23. TSH can't be on downtrend forever. Let's go TSH.

Comment from Mistry on weakened Palm Oil price is similar to Mat Bidin's fr US when asking OPEC+ to ramp up oil production so that they can buy cheap oil at their gas stations. But i like UOB's comment that price will remain elevated into 1H23 as it seems to represent what we have now.

Time to get more fresh fruit bunches

Gud catch today.

Does not seem to be an end in sight. Might go all he way down to sub 15. Might come back to visit this konter in a year time.

Disposals of land in Sabah and Indo were mentioned in the QR. You just hv to browse QR thru toward the end. Historically TSH gives out div after Q4 report (end Feb), no interim so far. Not sure if gain fr Indo land sale will be captured in Feb 23 (Q4) as the deal was stated to be completed by 1Q 23.

Timely for upcoming QR.

Pak Jerung is getting agitated now. 1.3 is not that far away.

Obtained some bullets in the morning for 1.27 milestone.

Bolehland has incompetent, clueless & unelected dudes occupying its Corridor of Power.

FCPO is on uptrend and asking folks to abandon rite now does not sound right. FCPO peaked +/- RM7200 2x in early Mar & late Apr and followed by corrections. To me that sounds normal. Having pushed the price higher, it is perfectly ok to take a short break b4 next push.

Ini kali lah Chek Annum. Hari2 LL for the past +/- 1 month. Time to rocket up to the outer space.

Next support line at 1.50/51. If price cont to slide down, next line of defence ~ 1.45 (MA20 on weekly chart). Hopefully it does not cont to go down south.

Hopefully price will go north substantially. So what will happen after this special distribution date? Looks like SCGM will be without its breadwinner soon pending its future plan. RM2.21 is below my breakeven point.

Bursa Plantation is in retrace mode so I guess TSH and gang will be as well. Just hv to wait a bit more for jerungs to get their turbo mode redy for another push. If we look at selling vol, it is getting lesser.

Bring it down further lah say 1.50 "calviniswrong". Then all of us here can collect some more. Ha3.

SAPRNG what??. Hibi shud consider their stake in SapOMV instead. They will embark on Jerun gas dev project next year. Jerun has a sizeable reserve. Rite now they are pure gas producer in Sar.

This coming QR will be among the best for THP. Fend off the urge to sell.

Wow. TSH holders cool je today...waiting for Moose-King Durians to fall.

Kemon Hibi fall fast & furious tomoro. Time to reload to get more of Hibi since Public already gave buy call.

Next QWD. June 17th (Friday). Keep that in your calendar, phone, etc.

Yeah TreeTopView. I quickly asked my remisier. He told me same story. Just key in as we'd normally do say 9.25, as last Sell Q was 9.24 I believe. Hopefully, when trading resumes after 1650hrs we will get our asking price "eaten" as on QWD closing price will typically gap up a bit from last quoted figures. I knew abt this from last Q but cud not get the idea correct. Thx for sharing. I will be wiser on the 3rd Friday of next Q.

I tried but could not sell as huge vol Q at 9.42. I guess you hv to post yur sell trans at guess-timated price b4 1645hrs?

Price will probably pull back first after hitting 2.44. Once MA20 cross MA50 price may go higher.

Why stop at 5? Go higher lah. Anything 6-7 is nice.

If we follow Wyckoff method, we are probably at the edge of phase D. We may face a pull back before heading to full mark up phase. Now that 2x IBs predicted higher TPs plus a QR is coming very soon, I believe we r not in Distribution and Correction phase yet. I am not an expert so I stand corrected. Even if price may tumble tomorrow, I will just enjoy the ride until scary story becomes reality...have fun.

gud looking candle today. Hope to see another rally 2moro...Then can eat special instant noodle with udang galah....aah make it with lobster too.

Gud catch today. Did not sell all mine on listing day. I thot I f/u big time by not selling on opening day. Well, today is a much better day. Congrat all.

I first time bought this counter last Thu. Shud hv got out that friday but decided to prolong stay by buying a bit more on Friday-greedy lah. Lucky managed to get rid my position today w/ some profit with late rally.