heavyth asked what do I think the CPO prices will be ? I don't know. I ain't Nate Silver. But let say the base for comparison is 2500 ( a pull from the air first half year CPO price) , so when CPO goes up to say 3000 ( that is about 20% increase), what will the impact on the bottom line for TDM ? Will it double after the government's windfall tax ? If one think it will double then the EPS will jump to 6 or 7 cents. If one think bottom line should only jump 30% then the EPS will only jump to 4 or 5 cent. How much is the impact will depend on what the management do such as expenses and efficiency. But if one is a trader then all these info is irrelevant.
Interesting time indeed, with equity shoot up the roof for both US DJ and here.

RHB think the EPS will go back to 6 sen thus the FUTURE PE is about 16-17 time. Do you buy the forecast figures with CPO price expected to go up slightly ? The future forecast is getting very interesting not only this but also for other planters ... See http://klse.i3investor.com/blogs/rhb/42320.jsp for details.

Let us do a non scientific / non expert /non professional calculation of the PE. Let us assume future earning is about the same ( normally for planter - 3 qtr is a good qtr) and previous quarter loss is one off incident, then EPS for whole year is about 0.85 cent X4=3.4 cent. At RM1 , the PE is about 29 time. Like many counter - share prices do not reflect performances. May be the company is investing in the future , may be , may be .......

It is an interesting time. So time to buy ? time to sell ? Hold ? ?????

Thanks Cheesburger . Most shares are , too me, over valued now. As for this counter, I am curious bec many of the outlets I visited were not doing that well ( just casual observation and could be totally wrong) but this Co still announced profit therefore I wonder where the profit came from. . .... Interesting. Just wonder anyone has the average sales per outlet ( include all the outlets) per month of last few years, then we know whether the company is going North or South.

Thanks Hugo. MWE also listed. Interesting! Why MWE bother with this counter ? Anyone has any idea ?

CAC, the ex-boss of this Company sold his shares to a Company called MWE Holding recently. Anyone has any info on this new substantial shareholders ?

Or only the coffee and whatnot supplied to these franchise stores are considered as sales ? And, are the coffees supplied to these franchise stores group under revenue of coffee chain or as sales of beverages ?

Thanks Cheesburger. Interesting info from the website. More than half of outlets are franchise stores. Is the sales of the franchise stores consider sales of OLDTOWN or only the 8% fees charged are consider sales (revenue) ?

one of the main contributor of profit could be the franchise fees. Someone told me is about 1 million or more per 1 new franchise outlet ( never get it verified , anyone know the figure ?) Any expert that can let us know what is the % of profit contributed by franchise fee charge to new franchisees ?

Let us play crystal ball gazing. - meaning non scientific non financial expert way of doing thing. Ignore last Q -assume this is one off loss. Take previous Q EPS of 5.75 divided by the enlarge capital i.e divide by 6 ( quick estimate follow the earlier comment) that will bring it to about 1 cent per share. and X by 4 quarters that will be about 4 sen At 4 sen EPS the PE ratio will be about 20 time at the current price. If we gang-ho a bit assuming the last 2 Q of 2013 will be good then the EPS could go up to say ( simply say one) 6 sen and the PE is about 14 time then . Is the current price high or low with PE of 14 to > 20 ?????

May be a hospital or what not privatization project will turn around the situation You never know.........

If the same pattern of 2nd quarter is repeated in Q3 and Q4, then this counter is doomed. Normally planters do better in 3rd Q, the question is how much better at the current CPO price level ?

flying horizontally .......... for too long. Take position and watch for 3rd Q result.

The interesting thing about the recent disclosure is: what is not disclosed i.e. who own the balance of 3/4 of the land - that is few hundred million masuk pocket base on the same valuation.

Profit last year included a big item ( about 30 million) called fair value gain of associated company - with not much explanation of this item so only the auditors and the directors know exactly it meant by that. Do they ? Should this be taken out to measure the normal performance ?

Interesting. Just browse through some announcement and last year accounts. Note 12 & 5 of last year accounts showed company swap an amount owing by a company controlled by key persons with 1/4 share of a piece of land at about 57 million. 57 million?? That is quite a high % of the total value of the company. What is the actual market value now with Penang property price shot through the roof. Who own the balance 3/4 ? No answer from the a/c. The company directors was fined recently by authority for non disclosure of material transaction. Could this round of share prices jump be another similar violation incident ?????????

How high can it go ?

If the last quarter pattern persist, future PE could be more than 14 time . In view of stagnant CPO prices, right time for exit till clearer picture ? But like any GLC, fortune could be turned with just a windfall mega contract. So ................... ! Judgement time, throw a dice .

Last quarter company made loss. Reasons were given in the announcement. Were the reasons unique to this company or common among Planters ? Other planters made profit though much reduced in last quarter. Will this quarter be better ?

Interesting - a big jump in 2014 forecast sales (40%) and profit. (264%). Wonder how much attributable to volume increase and how much relate to price increase ?

more outlet = more profit ? Y & N. Sure Yes - for 1st year if there are ppl willing to pay the franchise fees. May be yes may be NO if OTB own&operate the new outlets. 18 time PE target price ??? Ammmmmmmm.........