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29 comment(s). Last comment by calvintaneng 2021-08-05 21:39

calvintaneng

56,914 posts

Posted by calvintaneng > 2021-08-01 16:22 | Report Abuse

note: the miracle performed by Elijah was during a period of 3 1/2 years of acute famine when there was no rainfall in those years

calvintaneng

56,914 posts

Posted by calvintaneng > 2021-08-01 21:03 | Report Abuse

Washington state banned new fossil fuel plant

VERY GOOD FOR BIOFUEL

https://www.theguardian.com/us-news/2021/jul/28/washington-state-whatcom-county-ban-fossil-fuel-infrastructure

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-08-01 21:12 |

Post removed.Why?

Titan

4,180 posts

Posted by Titan > 2021-08-02 08:10 | Report Abuse

EU banned palm oil in biofuel

calvintaneng

56,914 posts

Posted by calvintaneng > 2021-08-02 08:17 | Report Abuse

EU not yet ban palm oil as biofuel until year 2030

In any case they want to protect their rapeseed oil
Now Malaysia will also ban buying fighter jet planes from them unless they allow 50% of palm oil as barter trade

So see how it will unfold

calvintaneng

56,914 posts

Posted by calvintaneng > 2021-08-02 08:19 | Report Abuse

The biggest buyer of palm oil is still India and follower by China. To them practicality of value is more important than ESG hype

calvintaneng

56,914 posts

Posted by calvintaneng > 2021-08-02 08:59 | Report Abuse

According to Peter Lynch the two most important factors for a share to go up are increasing profits or reducing cost of operation

Now that Cpo prices have more than doubled in price from last year the profit is up by more than 100% even though it is producing the same amount of palm oil

No extra effort needed

The price goes up due to palm oil being so profitable now

calvintaneng

56,914 posts

Posted by calvintaneng > 2021-08-02 10:19 | Report Abuse

Today Chinteck share price up more than 5% in one day after good results out

Putting money in Bank FD for one year only get 1.75%

Imagine Chinteck with so small 28,000 acres of palm oil could make 100% extra profit by producing the same amount of FfB without more effort just by Cpo price increase of more than 100% how much more will Tsh, Thplant and Jtiasa make with palm oil land size over 200,000 acres strong each?

Windy1974

747 posts

Posted by Windy1974 > 2021-08-02 10:33 | Report Abuse

Be very careful when anyone quote from his religion. Either he is a Christian, Muslim, Buddhist or Hindu.
I have seen many such men in my life time.
BTW, i am a Christian.

calvintaneng

56,914 posts

Posted by calvintaneng > 2021-08-02 10:40 | Report Abuse

Why are you so bias

You much check carefully what is written

True or not time will tell eventually

And it is up to us to find the truth

Nothing but the truth will stand the test of time eventually

calvintaneng

56,914 posts

Posted by calvintaneng > 2021-08-02 10:42 | Report Abuse

For palm oil the truth will be out very soon

Just watch very very carefully

By this month of August 21 all the palm oil companies will give report of their April to June 21 performance

By Nov 21 they will report July, August and September months performance

So remember to keep your EYES OPEN WIDE

Windy1974

747 posts

Posted by Windy1974 > 2021-08-02 10:51 | Report Abuse

i agree with you plantation companies in general will report improve profits. Even the badly managed one. Only a blind man won't see that.
Is it cheap? So what's cheap? For me, i would first look at historical PE plantation stocks have been trading at? By comparing plantation stocks PE and technology stocks PE, it's like comparing apple and orange.
The fact is, can palm oil price sustain? I believe so, at least till 2022 if the reports i read are correct. Then again, same for gloves counters earnings growth in 2020?
But i detest people quoting their god in their sharings on profit to convince people.
Elijah was a holy man and his life was about serving and not profiting. You would be another one who gonna claim "i don't need the money, i am just helping you" right?

calvintaneng

56,914 posts

Posted by calvintaneng > 2021-08-02 10:59 | Report Abuse

I already hesitated from quoting from Bible until now as I know beforehand they will be people and even Christians who will have misunderstanding and past remarks

Nevertheless what was used are facts

The very fact that Elijah's widow only got one vessel and Elisha's got unlimited potential (only limitation was the lack of more empty jars )

this is to illustrate companies with the largest upstream palm oil acreage will benefit the mostest in palm oil price rise

And why People allow high P/E for tech stock now is the current trend only

As for palm oil 10 to 15 years ago people also assign high P/E in those days

calvintaneng

56,914 posts

Posted by calvintaneng > 2021-08-02 11:03 | Report Abuse

Ask for historical P/E you can refer to STOCK PERFORMANCE GUIDE BY DYNAQUEST OF DR NEOH SOON KEAN

THE LAST PRINTED ED WAS SEPT 2015

ALL THE P/E 10 YEARS HISTORY FROM THEN WERE RECORDED

I SEE TSH RESOURCES MIRROR THE PERFORMANCE OF IJMPLANT ALMOST STEP BY STEP

ALL OTHER PALM OIL SHARES ALSO DID WELL IN YEARS 2008, 2011 AND 2014 IN THEIR TIME

AS TOM SAWYER SAID

HISTORY MIGHT NOT REPEAT BUT THEY DO RYTHME

Windy1974

747 posts

Posted by Windy1974 > 2021-08-02 11:07 | Report Abuse

Calvin. Then you are using your logic and not hearing God's voice in your quiet time. Bible told me to be careful of those who claiming to be his disciples (from their life, not their words. Since i don't know you, i can only judge by your words. Though i find no flaws in your claim that palm oil price is high, i once highlighted few months back when you were promoting Jaya Tiasa that i disagreed with buying Jaya Tiasa while i agreed plantation could be good buy? I stated my general observations too.
Btw, Jaya Tiasa bosses are mainly Methodist from Sibu.

Windy1974

747 posts

Posted by Windy1974 > 2021-08-02 11:10 | Report Abuse

Here it is. In April

Stock: [JAKS]: JAKS RESOURCES BHD

Apr 26, 2021 11:22 AM | Report Abuse

While i don't know how much longer commodities gonna run, probably a lot longer. I won't buy below 3 companies because of these reasons. I understand Calvin logic behind buying these companies, which should have lower PE i presume? Sorry, i didn't study in details and just a quick guide.
1. I presume THplant and FGV both GLC? 1 rule i have is not to touch GLC if i am looking at long term investments. I believe you have seen enough scandals with GLC to know why? Even i got the privilege to run GLC, i don't mind doing it for free cos i will become very rich anyway wink wink
2. Jtiasa. Cautious with 2nd generation successors. Few succeed (eg YTL) but majority are embroiled in power struggle. When everyone is busy with politic, you think they got time to care for the long term well being of businesses? That's why i miss Dr. M. From my memory, his dictatorship period was the best economically for Malaysia. Changing PM every year won't bring Malaysia anyway, no matter who the PM is.


calvintaneng Paktua73

Now CPO price has gone into World record high

Remember you did very well buying Hlt during Glove Bull?

Now Paktua73 must not miss Palm oil bull run

Go buy Thplant, Jtiasa or FGV now

calvintaneng

56,914 posts

Posted by calvintaneng > 2021-08-02 11:12 | Report Abuse

We cannot just a book by its cover

Suppose we judge by face value

What does Windy1974 tells us?

Windy is a name denoting wind

Wind is the most unstable element

1. Solid rock
2. Then woody trees
3. After that is murky water
4. Finally windy air

so this entity is the least stable

1974 in Chinese

1 as in yat or Chinese mean "day"
9 as in Kow or "play"
7 as in chut or "go out"
4 as in "die"

So sum of 1974 means

Daily go out play "stock" can die?

And esp wind of change here and change there

Windy1974

747 posts

Posted by Windy1974 > 2021-08-02 11:13 | Report Abuse

Below link to Jtiasa quarterly. Why March quarter lost money when CPO so high?
JTiasa was an excellent company under Tan Sri Tiong

https://klse.i3investor.com/servlets/stk/fin/4383.jsp

Windy1974

747 posts

Posted by Windy1974 > 2021-08-02 11:14 | Report Abuse

Out of all the plantation companies, you chose 2 GLC. Thplant and FGV. And Jtiasa which lost money when others double their profit.
Stop quoting bible in your research

calvintaneng

56,914 posts

Posted by calvintaneng > 2021-08-02 11:22 | Report Abuse

Precisely about jtiasa

Due to apparent losses last qtr the sell down already reflected in the share price

Market always overreact

They over react in the upside on good news and also over sold on bad news

Human emotion is unstable like the wind

calvintaneng

56,914 posts

Posted by calvintaneng > 2021-08-02 11:27 | Report Abuse

Who said only 2 glcs?

These are the whole lists

1. Fgv
2. Tsh
3. Simedarby plant
4. Tdm
5. Azrb
6. Thplant
7. Jtiasa
8. Bplant
9. Rsawit
10. Mhc plant
11. Taann
12. Chinteck
13. Ijmplant
14. Others

Have you called Jtiasa office?
If not you better call them and say sorry
Don't simply post and if you did not call then first

I was wrong about Kpower until I spoke to their management
So you better go find the truth and nothing but the whole truth ok

calvintaneng

56,914 posts

Posted by calvintaneng > 2021-08-02 12:04 | Report Abuse

Listen Windy1974

Better change your ID to Winner1974

Last time I warned Ccmeow to change his ID

Ccmeow means

C as in die(hokkien)
C as in die
Meow as cat call

So Ccmeow or "die die cat"

He failed and then left i3 forum in year 2019

See https://klse.i3investor.com/servlets/cube/post/ccmeow.jsp

So better change your ways now!!!

calvintaneng

56,914 posts

Posted by calvintaneng > 2021-08-02 13:45 | Report Abuse

Where are you Windy1974?

Better listen to good advise for your own good now

purple70

271 posts

Posted by purple70 > 2021-08-04 21:21 | Report Abuse

Pls don't bring in religion to this secn.....it is setting a bad example...same way as the Majority is doing to education!

If you love yr religion so much, treat it with respect so that it wont be disrespectfully looked at

calvintaneng

56,914 posts

Posted by calvintaneng > 2021-08-05 21:39 | Report Abuse

purple70

to the person who knows the truth

everything is sacred

every ground is sacred ground h

there is no secular or sacred because of pure intention

and every bush a burning bush

I have read the Bible since 1972 and by next year will be 50 years

much of my life revolves round the teachings of the Bibie which is verity and finality

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