The historical high of TAANN was Rm6.89 in year 2007 when Cpo was below Rm4,000 Now Cpo has breached Rm5,000 a ton & TAANN at Rm3.29 is still less than half way means great undervaluation
Through all its changing years Jtiasa lowest was in year 2008 at 45 sen & highest at Rm3.38 in 2012 4 years later
If a Value Investor had bought at bottom 45 sen & sold at peak Rm3.38 4 years later would have garnished a 650% gain in 4 years or 162% a yearly gain of 4 years
To buy at deep pessimism and sell at peak euphoria is the TOP SECRET OF SUCCESS!
"The current of hype of ESG trend which is unsustainable....give a good sound contrarian opportunity for a very strong rebound & upside for plantation going fwd loh!"
PLANTATION THE BEST HEDGE AGAINST INFLATION & DEPRESSION LOH!
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calvintaneng
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Posted by calvintaneng > 2021-10-15 04:42 | Report Abuse
Pendulum Swing of Thplant shows its highest price to be Rm2.49 when Cpo was Rm4000
Now with Cpo over Rm5,000 it should go even higher at its next peak
See STOCK PRICES FROM STOCK PERFORMANCE GUIDE BY DYNAQUEST
2015 Year Edition
Year ..........Price Range
2006,,,0.70....1.13
2007...0.98....1.54
2008...0.78....1.59
2009...0.98....1.48
2010...1.17....1.76
2011...1.54....1.90
2012...1.60....2.49
2013...1.60....2.00
2014...1.40....2.18
2015...1.53....1.70