Johnzhang and calvintaneng both of you are not wrong about the future of palm oil prices but the same logic did not reflect on the price of big cap plant stocks like IOI and Sime plant tats why I only keep Taan but still the downwards bias is more than than the upwards at this level

Anyone have any idea what would be the last qtr results looks like ? Will be releasing end of the month as usual

As much as I would like Taan to hit the roof as this is the only plantations stock I have now the reality is it won't cross the 3.80 mark in the near term but higher chances for it to fall below 3.20 in the coming weeks

Johnzhang I hope you are right but looking at the big picture only Taan has some decent gain the rest of the plantation counters almost all in sick bed that also we may not know if this level will hold for Taan

Kata you memang betul @ Sawadi banyak counter bursa mcm ni juga sama beneficiary kot

KLK is another fantastic stock and a low cost producer but also not moving despite an 80 sen dividend pending !

The most effecient planter IOI today dropped 9 sen (2.3%) by right Taan should command a price of at least 4.50 based on its earnings potential but is still nowhere near there needless to say no big funds are buying right now

The downsides to most Msian companies are the ESG and cukai makmur and plantations are not exempted. Most funds are pissed off with the additional 33% cukai makmuk on top of the corporate tax starting next year although it is claimed for one off kind of things only but for retailers they keep looking for decent returns for their money taan seems to fit the bill therefore you will also see some tussles along the way. Just look at IOI and sime darby plantation you will understsnd

@Pinky I keyed in to sell 3.38 this morning but was done at 3.40 thereafter it is all the way down. Have said earlier today performane would not be that bad but along the way it will slide

@ Pinky it may drop to below 3.10 before the announement of the next qtr result and dividend payment but not too sure about tomorrow's performance coz today palm oil futures closed pretty strong

Today big cap plantations quite strong gain consistent with sharp rise in palm oil future.

Most stocks were jacked up in the last trading day of 2021 to make the Composite index looks nice lah bro today makan humble pie again lor this is the reality !

Correction lah not substantial holder but hold a substantial amount lah hehe

Having said that Taan is still a good stock to invest for its generous dividend at least for the next 12 months but there are people who is not that happy with a yield of 8 to 9 % and of course there are manipulators too

Plantbull and Abba most palm oil futures were lower when I viewed the bursa derivatives market yesterday morning no BS . I am also a substantial holder of Taan but looking at the trading pattern of this stock I will confidently say it will go below RM3.30 when it goes ex you can choose not to believe but that is my opinion

Today most big cap plantations are in the red bcoz palm oil futures fell sharply but Taan is holding up strongly mainly bcoz of the 20 sen dividend. I have a strong feeling that there could be a correction soon after the div gone ex !

Operator pokeymark got no choice dia pun kasi itu lctitan naik ari ni esok belum tau lagi

Earnings strong but dividend not so good. Last qtr EPS = 21 sen but gave 4 sen dividend only !

Hari ni sikit jual ex dividend baru buy back hehe

The unprecedented flood could impact plantations in west Malaysia so better switch to Taan in east Msia

Gone case !

Semalam saya pi holiday itu operator kasi turun sampai 3.25 hari ni saya tunggu kat 3.25 berapa mau jual saya sapu lah

At this price it is a steal kawan 3.25 cum 20 sen dividend if ex dividend it would be 3.05 this is the price of Taan when palm oil is around RM3000/Tonne and mind you it would trade above 3500 for the rest of 2022 Taan can only be more profitable if OCBC forecast is correct it is worth RM 5.00 lah bro donno who is seling EPF ada banyak stock lagi ka ?

Lain plantation counters tarak jatuh pun jangan nak tipu lagi lah woi

Alamak saya sudah kena 3.31 hihi

Nak tanya calvin hari boleh masuk ka klu TP 7.00 skrang 3.35 ada 50% upside lor hehe

4.50 pun sudah kenyang mah !

Habis !

When operator kasi turun that is a good opportunity to buy hehe

20 sen dividene in less than a month mana mau cari

Haha cepat beli lah timber price also surging apa u lagi mau

@casanwk actually 3.50 ardy broken this morning now waiting for 3.60 will be there before ex dividend

Strong support from retail investors for this counter if the timber division also do well it is a must buy stock lah

Ok lah they try to go for below 100 mil profit so that there will be no cukai makmur lor hehe

Pity the new entrants even people like mah sing boss also kena

I will follow you to whereever you may go...I follow 2 haha

Habis !

SOP dividend tarak kuat Taan is still the best

@Pinky Christmas comes early haha

For stock investing no need to attach any sentimental value to any stock just dump it if it ain't going nowhere and seek some that promise a better future

Haha ari ni dia pokey sampai naik 8 sen esok dia pokey kasi turun 10 sen

Terima kasih lah calvintaneng hari ini sya sikit jual banyak untung juga oh esok lagi naik sys belanja nandos chicken ya

Nah ape tu ESG Taan naik hari2 lah wou !

Ya betul itu operator ari2 pokey

Ini couter manipulator main punnya tengok pun tau

calvintaneng you jual ka hihi

Palm oil futures all up hehe nak tipu sape

Haha syndicates try to press down ! buy lah TP RM4.41

Foreign funds and EPF keep reducing big cap plantations bcoz of ESG issues

Must be next qtr result lousy lor