pure upstream CPO producers refer to those who produce and sell FFB and/or CPO with little or no involvement in refining/conversion (downstream) business. Pure up stream producers are : BPlant, THplant, Taann, SWKpltn, MHC, Cepat, HSPltn, KMloong . Upstream producers whose plantation predominantly in Malaysia are better choice.
Today is an even better day to buy/add plantation counters. As long as CPO prices remain at around this elevated level, an investors simply must have a counter or two in his portfolio.
Very good profit Taann and Sop. Sop should declare higher dividend. With 2 days left in November quarters reporting I notice Plantation and Steel report very good profit but depressed share price. Profit all time high PE all time low.
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....
calvintaneng
53,225 posts
Posted by calvintaneng > 2021-11-25 20:47 | Report Abuse
At 66.5 sen THPLANT Has a Forward P/E of 5.48 or yield 18.24% a year
Or it will double your money in 5.48 years
Putting money in Bank FD?
The yield is 1.75%
or P/E 57.14
It will take 57.14 years to double your money which is no no
Garden bread will be increasing in prices by Dec 1 2021
Your Bank FD at 1.75% could hardly cover Bread price rise
1 liter Palm oil now retails for Rm6.70 (Up by over 100%)
So better buy Palm oil shares to protect from the ravages of high inflation
https://mydinexpress.my/emporium/product/saji-cooking-oil-1kg/