Posted by Ben Gan > 2013-05-11 09:50 | Report Abuse
I wonder how the company will do well this year with palm oil price so depressed now.
Unless the price picks up and stays up for the rest of 2013, TDM will be hard pressed to perform better than 2012.
No result.
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PBBANK: Technical Outlook Suggest Target of RM5 (Uptrend but Overbought) - KingKKK
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CS Tan
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Ben Gan
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Posted by Ben Gan > 2013-05-11 09:46 | Report Abuse
With the maturity of 11,000 ha of oil palm trees in Kalimantan in 2014, output of ffb will increase greatly. If by then, the price of palm oil has recovered, earnings of the company will shoot up, and this will be translated into an upgrade of the stock price.