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2022-05-01 16:57 | Report Abuse
Indonesia needs exports revenue to support it's economy. The ban will be lifted as soon as they can for sure.
2022-05-01 12:46 | Report Abuse
Just treat PK and Tomei like any other retail business such as FocusPoint, Aeon, QL, and exectra then it should be fine.
2022-04-30 13:23 | Report Abuse
With inflation worsening, technology stocks downtrend is inevitable. It is interesting to see how much longer local funds are prepared to hold on to their stakes in technology stocks.
Based on recent history, plantations survived and outperformed on almost every recession including the last recession year 2009.
2022-04-30 10:25 | Report Abuse
https://www.sinchew.com.my/20220429/%e6%a3%95%e6%b2%b9%e4%bb%b7%e5%8d%95%e6%9c%88%e6%9a%b4%e6%b6%a829-%e6%9c%80%e5%90%8e%e4%ba%a4%e6%98%93%e6%97%a5%e7%a0%b47%e5%8d%83/
Another clever analysis by CIMB research: Buy call HSPlant target price RM2.79 but current price is already RM3.27 now.
2022-04-29 15:47 | Report Abuse
Kenanga also price sudden drop.
2022-04-29 09:24 | Report Abuse
@8888 EPF as sellers?
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Are you sure this comment not posted in the wrong forum?
2022-04-28 12:45 | Report Abuse
They were right after all; this stock would have been overbought recently giving the opportunity to the IB with the help of contra/margin players to take profit or cut loss and thus the stock price move against the trend. This is rarely happen to those in the same sectors.
2022-04-27 14:49 | Report Abuse
Analysts have repeatedly wrong in their prediction on CPO price since last year but unfortunately investors, as usual choose to refer to analysts before they invest. Just see what happen to tech stocks today.
2022-04-27 12:40 | Report Abuse
IB has big appetite chosen to short this stock since Monday. It could be the opportunity to collect for those who has missed the boat.
2022-04-27 10:03 | Report Abuse
Sri Lanka should have planted some oil palm instead of tea only but it is too late now.
Now some charity organizations are sending aids to them instead of cursing them for favouring the ESG lie.
2022-04-26 21:42 | Report Abuse
Canola oil is touching new all time high.
2022-04-26 19:23 | Report Abuse
This is likely to drag down most plantations stock tomorrow.
2022-04-26 15:03 | Report Abuse
Very unlikely this week because long weekend coming. After Hari Raya fly again.
2022-04-26 11:17 | Report Abuse
The government flip flop policy may have caused some interuption to plantations sectors. The most advantage for TSH is its huge piece of land within Nusantra.
2022-04-26 11:06 | Report Abuse
@steven
The ban not included CPO so it doesn't affect TSH much.
2022-04-25 20:37 | Report Abuse
Most of TSH's productions are in Indonesia therefore it is a good news for TSH. Tomorrow price up.
2022-04-25 17:18 | Report Abuse
CPO failed to rally today could be another reason.
2022-04-25 16:50 | Report Abuse
There isn't any sign that plantations bull run is over. Retailers liquidate their position ahead of the long weekend.
2022-04-25 16:44 | Report Abuse
Margin players who chased high today go Holland.
Only investors with holding power can survive.
2022-04-24 19:21 | Report Abuse
The uptrend is expected to continue till year 2023 or beyond. Only goreng kaki expecially contra/margin players would likely take profit ahead of the long weekend from end of this week. Two weeks later they buy back.
2022-04-24 16:42 | Report Abuse
No intention to shorten the Ukraine war but the gain from their weapons sales can still be used to compensate for the purchase of soybean oil and canola oil at record price? This maybe true I guess.
2022-04-24 13:23 | Report Abuse
Will the West continue to raise the ESG and environment/global warming issue or protest is about to happen in other importing countries?
https://www.thestar.com.my/aseanplus/aseanplus-news/2022/04/23/indonesia-warned-palm-oil-export-ban-could-backfire-say-top-experts
2022-04-24 11:54 | Report Abuse
Besides WTK, Fima Corp and K.Fima and other stocks with oil palm plantations are not listed as plantations counters. Will they continue with the other plantation stocks uptrend from tomorrow that remains to be seen.
2022-04-24 07:57 | Report Abuse
Food after digested and passed out it can only be good as fertilizer. Gold can be kept for a long time to hedge against inflation and can be converted to cash at time of emergency needs.
2022-04-23 19:08 | Report Abuse
I remember Calvin has advised some people to stop chasing/cut loss in some 'rubbish' counters right before it crashed sometime ago.
2022-04-23 16:07 | Report Abuse
TSH has most of its land and four oil mills in Indonesia. I think it can take a back seat for the time being until the export ban is lifted.
2022-04-23 16:00 | Report Abuse
On the other hand, it will reduce export revenue and it's economy for Indonesia. For how long Indonesia can afford to continue with the export ban that remains to be seen.
2022-04-23 11:08 | Report Abuse
If the news came out during trading hours yesterday most oil palm stocks would have surged. Don't know how much will be the opening price on Monday.
2022-04-23 09:59 | Report Abuse
If you want to compare plantations with gloves so the surge should be temporary. History will repeat.
So it is wrong to compare plantations with gloves like most kaki goreng in share market.
2022-04-21 14:07 | Report Abuse
As usual, next QR and dividend announcement is expected to be on the last working day of May 2022 at lunch break.
2022-04-21 14:01 | Report Abuse
According to Bursa website, 9 months ago it was traded at 83c. In Mar 2022 it was traded at 94c. You have an unrealised profit of 4c now if you bought it 9 months ago. Not really true it has been sleeping for 9 months. Correct?
2022-04-20 21:31 | Report Abuse
The company is not generous in giving out dividend like Innoprise and Kmloong. That maybe the reason it is lagging behind the two. Note that Kmloong latest QR, its EPS is 3.27c only even CPO average price was above RM5,000 in that quarter.
2022-04-20 21:23 | Report Abuse
It seems someone is pressing down the price everyday after ex dividend thus scaring retailers away. That may be the reason.
2022-04-20 14:10 | Report Abuse
Now I know why he wrote 'MHC was cheap'. That could be also meant by him that it is expensive now.
2022-04-20 09:51 | Report Abuse
That is why if buy or sell Pohkong follow gold price may as well go to goreng in gold futures market!
2022-04-20 05:46 | Report Abuse
Based on the latest financial reports, in fact MHC and Cepat are the most undervalued plantations stocks at current share price.
2022-04-20 05:45 | Report Abuse
Based on the latest financial reports, in fact MHC and Cepat are the most undervalued at current share price.
2022-04-19 14:44 | Report Abuse
Tech stocks has very high PE, better save money as FD in the bank unless traders buy and sell stocks actively to gain or lose on the price differences.
2022-04-19 13:34 | Report Abuse
Gold is the best asset everyone should own to fight inflation and depreciation of currency.
Nonetheless, gold price is very volatile expecially at war time.
2022-04-18 16:57 | Report Abuse
Very risky. Gold can drop below 1900 or rise above 2000 later.
2022-04-16 20:56 | Report Abuse
Hidden gem? Haha. So lucky to those who didn't read KYY's earlier blog on Genetic.
2022-04-16 17:20 | Report Abuse
Ferrero is the most expensive chocolate in the world and it is expected to raise its price driven by the ongoing inflation. This is the best time whole world should boycott it. Shift to other chocolate brands
if you can.
2022-04-15 16:13 | Report Abuse
The sinking of Russian vessel indicating the war may prolong indefinitely.
2022-04-15 12:44 | Report Abuse
Then stop buying Ferrero over price concerns. It is too expensive. There are many other chocolate brand available.
2022-04-13 08:45 | Report Abuse
Or MHC is most expensive compares to IOI Corp and the rest? I have some MHC too.
Blog: FA & TA OF PALM OIL: The Historical Charts Point to Much Much Higher Prices in Months ahead, Calvin Tan
2022-05-01 22:53 | Report Abuse
This fella has nothing better to do, throwing stones in i3 forums.