many -ve factors have yet to price in, i.e min wage, foreign worker levy, new accounting report mfrs9, cpo price downtrend, export down continuously... oil palm plantation sector outlook is loomy invest your head, watery brain
Pls dont link TDM to Tun M, he has nothing to do with this Terengganu state owned company, which is obviously badly managed, even KWAP is slowly selling down. But it will not go bankrupt,bcause supported by the state, dont see any near-term prospects here.
Plantation stock is like any other sector. It is cyclical. In my case, I am buying when people is selling. Do your homework, when you buy palm oil stock, you are buying their land and asset too.
Dutaland recently sold their land for RM70000/Hektar, but you can buy very well managed oil palm with half the price
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....
probability
14,500 posts
Posted by probability > 2018-05-26 15:17 | Report Abuse
first time i see cp came out with a statement....at least smells sensible..kiki
yup...after 100 attempts, 1 time can la..