why buy useless palm oil stocks which is badly run, and can't even keep up production and make money (which is why palm oil price is even high now), when the production comes, the prices will crater as usual.
Instead, buy pchem, which sifu calvin talk so much nonsense about, but came in 900% more yoy results, magnificent 1.5 billion in EARNINGs (more than almost all of the earnings of all the palm oil counters combined in bursa), and best of all can be bought for very cheap price as management has guaranteed a 50% payout of earnings every year.
How much is that? 3 billion in earnings as dividends paid out every year. Who bought a ton at 4.09-6?
Definitely not calvin tan, who only know how to badmouth stocks but doesnt know how to buy anything.
ESG issue will have effect on valuation of a stock by Mr Market. Previously Mr Market willing to give PE of 25 but now they might only give PE of 10, because many fund managers ( not all) are avoiding stock with ESG issue. When lesser demand for the stocks, the valuation will drop. ESG issue may have little impact on the actual sales of palm oil but it will have impact on palm oil stock valuation.
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....
Posted by calvintaneng > 2021-08-26 10:24 | Report Abuse
FROM FLOW OF HOT MONEY FUNDS
calvintaneng After Big Blue Chip Palm oil stocks up first which are 1st Liners
Later 2nd and 3rd liners will also go up
1. Tsh Resources. Everyone should have a little.
2. Taann. Everyone should have some
3. Thplant. small but with big big lands of 240,000 acres
4. Bplant. Undervalue landbanks
5. Jaya Tiasa = Giant Treasure
6. Azrb. Palm oil in Indonesia
7. Tdm. hospital and palm oil
8. Mhc plant. good dividend
9. Rsawit. pure upstream
10. Fgv. Privatisation potential
20/08/2021 8:44 AM