Yes. Agreed. Just stay true to fundamentals

JTiasa PE below 10
https://klse.i3investor.com/m/blog/www.eaglevisioninvest.com/2022-02-19-story-h1599176719-SOME_NOTEWORTHY_NOTES_ON_JAYA_TIASA_4383_FFB_HARVEST_INCREASED_QoQ_CPO_.jsp

RM519 mio is with the withholding tax of inward remittance from dividends of overseas subsi.
This is an expected one off expense. So, it is not something extraordinary

Ukraine one of largest seed oil supplier.

This year India will hv general election. Modi needs to make people happy. Already reduced import duty for palm oil.. but prices still hot.
Eid celebrations traditionally highest demabd period for palm oil, you can refer to the data in MPOC website.
This year Eid will be in Early May.. so demand should surge soon. MPOC data also reported lower end stocks ..
There is an impending shortage soon.

If I remember correctly, after the market peaked in 2008, then came the crash and with the monies the funds went into commodity in 2010/2011 pushing up the commodities till 2013. That was when we had our last Palm oil and rubber record prices

Apple168, whats the reason?

Thank you and Congrats to all of you who were positive over the weekend despite a few give negative comments .. have a great day ahead for those who have taken profit.

Good thing, their factory utilisation was only 60%, means that Carepls can supply any immediate demand increase

Thanks Johnzhang. It helps us understand the reports much more..

Thank you Johnzhang.

If you base on fundamentals of the company with its 2-3 years income visibility, good management and steady income stream for the next 20 years, and most importantly able to hold for a while, then yes.
if that day, the Price plunged and the volume was huge, obviously someone must be mopping up.

Best comment PlantBull

Thank you Jaynetan.. looks healthy.

It has declined by 10% or more today. Does that mean that the value of Pestech business is 10% less ? Maybe , maybe not.. but perhaps these 3 days of selling is already reflecting the actual situation... maybe its time to go in..?

Indonesia testing on Bio Jet fuel
https://www.thestar.com.my/aseanplus/aseanplus-news/2021/09/12/palm-oil-based-jet-fuel-finally-makes-its-debut-in-indonesia

https://www.spglobal.com/platts/en/market-insights/latest-news/oil/110921-saudi-aramco-warns-of-shrinking-global-spare-oil-production-capacity-as-air-travel-recovers

The next Bull Run in Palm Stocks is not the same as Gloves bull run. I would not call it a bull run but a paradigm shift. The usage is now balanced between edible, chemical and ENERGY. With the economic recovery and the shift towards green energy, less usage of coal, Palm Oil will be a main source of energy. Apart from CPO, the fibre are used for energy as well.
Therefore, what used to be disposed is now highly sought after.
ESG GSE SEG... then should not eat beef because it takes too much water to cultivate the few gramms of protein in a huge piece of steak...
https://www.google.com/search?q=how+much+water+needed+to+produce+1kg+of+beef&rlz=1C1GCEA_enMY962MY962&oq=how+much+water+needed+to+produce+&aqs=chrome.2.0i512j69i57j0i512l3j0i10i22i30j0i22i30l4.9685j0j15&sourceid=chrome&ie=UTF-8

Saudi Aramco sees the oil capacity to be used up as the jets start to fly again...
I dont see the logic why Palm Oil stocks are affected by those ESG concerns here and there. What about Crude?
All our big Palm Oil Companies have been successfully registered under RSPO compliances.
Anyway, let us forget the conventional narrow and man made rules.
Just use our basic logic and reasoning is the best. Anything being artificially pressed will explode some day. The longer the duration, the bigger will be the explosion. You cannot deny facts and figures. The palm oil counters are trading at unrealistically low levels.

https://www.theedgemarkets.com/article/oil-spare-capacity-diminish-jet-demand-returns-aramco-says

https://www.investing.com/news/commodities-news/oil-inventories-unexpectedly-fall-by-25m-barrels-last-week-api-2674013

https://www.investing.com/news/commodities-news/oil-inventories-unexpectedly-fall-by-25m-barrels-last-week-api-2674013

Johnzhang your analysis is by FAR the most unbiased and factual. Be it prices up or down, it does bot matter. A fact is a fact. Thank you for the great insight

Thank you MoneySIFU

Threshold levy 3% on RM3500 CPO as TSH mainly based in Sabah is good.

33% tax for profit above 100mio , 24% for profit below 100mio… ok lah. Assuming TSH make 300mio profit 2022, the additional 18mio tax only..

EPF also dispose Simeplt, IOI…

You mean 1.65?

Thank you for your advice Investorrr. Really appreciate.

https://www.klsescreener.com/v2/announcements/view/3442027

EPF still has a lot of TSH shares. Selling and buying small quantities are just to reorganise portfolios..to maximise return on every dollar. As long as you invest in TSH as shareholder with a longer term view, you should make good money in the 2 quarters. it will be ok. Dont worry.

May I ask when is the 10th AGM?

But Leon Fatt results was not too bad

By the time 3rd quarter results come out in November, the PE be less than 10

Can’t hold at 1.11-1.13 too long. Its already in the EPF radar.

High chance there will be a RTO. To be openly buying in will bot augur well to any suitor for TSH. Now is just a matter whether a fair price will be paid. You can see the pace and volume of buy back is getting more intense month by month.. because the prices are getting expensive. So, the D day should be near. They buy backs nowadays are around 300,000 shares or even chunks of 1,000,000 shares compared to earlier 170,000 shares per day.

Thats correct Karlos. However,if Pestech does not do that, it will not be able to tender for more lucrative bigger projects.
What is more important now is for Pestech to keep the growh momentum. Its current PE is still low for a clean energy , EV support industry segment

I think dividend not likely as there are many capex along the way. But this kind of company you can expect many more bonus issues. It needs to beef up the base to tender for bigger size contracts.

Today down a bit because vilume due today and tomorrow. Asiaply is open. You can check website and give a call to the factory in Kapar.
The face shield is using extra clear material made from cold extrusion. asiaply is making cold extruded sheets.

Another fmco failure or not. It is not important anymore. What is more important Asiaply is not a failure.

Not to be caught up with too many noises. Concentrate and do the research properly. Invest in the business bot in the share price.

On the contrary, Asiaply market contribution from Malaysia jumped in the last quarter due to order for acrylic sheets in governement and restaurants for counters.

Not good lah say like this.. only reflect your selfish thoughts and character. There are many workers who would lose their jobs in Asiaply.
Why not be open minded and perhaps your own fortune can change for the better.

Price has been reflected already.. market is always forward looking. Increased in revenue definitely but profitability decreased..due to?

Calvintaneng.. can you please enlighten us? Are we in for another dissappointing quarter ended June?

https://www.agricensus.com/Article/Indonesia-raises-May-s-palm-oil-export-tax-by-22-mom-levy-unchanged-16386.html

In comparison, IOI has substantial acreage in Indonesia as well but profitability is fantastic. It has very good management and market savvy traders on its team.
TSH needs to manage better

Yes.. so if the sales was done in Oct 2020 for a Jan 2021 contract but the price in January shoots up, you can pnly recognise the sales as what was contracted in Oct 2020.. BUT the indonesian levy mechanism recognise the CPO price at time of shipment..!

This is called selling forward and all commodity companies do that.

No. The higher volume this quarter would have been sold in earlier months. All we can hope is that the April-June quarter will give us higher average selling prices.

Compared to KLK which also has substantial Indonesian acreage.. KLK has hit record profits for 1st Qtr.

On one hand, they sold too low, on the other hand, the indonesian authorities set the levy based on the month’s CPO prices.