If we are sure the price is going south, you can sell first and then buy back low. The profit made can use to offset the original cost.

The annual report 2017 reveals:

1) Full impact of 24% tax on 2018 profits is expected, as tax losses and reinvestment allowance had fully utilized in 2017.
2) Major turnaround maintenance/shut down takes place in 2018, biggest since 1953, last was in 2015.
3) Rise in average current cost of stocks/feed stocks is very much faster and higher than that of the average crude oil prices.
4) The Notice of AGM agenda said the Board is not going to approve the requisitioned final dividend of 43.5 cents and a formal dividend policy of at least 15%, due to tight cash flow in 2018.

I will consider to buy the shares in a year later, and sell stocks on hand before the company announces the 1Q results this Thursday.

Expecting a Bonus Issue? 1) The RM 247 M Share Premium must soon be utilized for the Bonus Issue. 2) Base on the past year treatment, Bonus Issue will be offered 6 month after a Rights Issue is completed.

El Nino impact is here on palm oil price; affecting yield on productions, and growing demand from consuming countires stocking up oil. Good buy at this level as downside risk is minimum, though the next one/two quarter results will not be better due to lower oil price. Other plantation giant stocks have shown sign in price moving upward.

Expecting the company to announce interim/final dividend of no less than 12 sen to reward shareholders from the strong performance recorded in 2013/2014 and after the rights issues in 2013.