NTA of Tsh current nta is rm 1.19 per share....the sell of 2 estate generate 7.6 sen and sell of bulungan regency give additional 31 sen that means tsh nta will be Rm 1.58 per share mah!
If like that better buy nsop Rm 3.70.....Nta per share Rm 7.92 per share mah!
The indonesian will never allow msian to benefit so much lah! Thats why the recent disposal of bulungan regency land the company anticipate they would need more than 1 yr to complete the sale loh! Bcos the anticipate very tough approval procedure despite making only 31 sen per share from the sell.
The balance of the land....can be sold for more than Rm 150 per share, is just shiok sendiri day dreaming loh!
its a gamble.. palm oil price swing too fast. institutions scare to jump too much. later cannot escape.. die inside.. and big money move needs institutions.. not easy as you said.. you talk a bit then ppl will buy? i hope its that easy.
Bplant is one of the best plantation stock selection for investment mah!
Actually mkt is bearish & mkt is also skeptical of the commodity bulll run of;
1.CPO 2. Steel 3. Crude Oil 4. Crack spread 5. Aluminum, Tin and Copper
Thus mkt is taking a cautious approach to its sustainability mah!
If say CPO continue to perform at above Rm 5000 going fwd and the management has good corp governance & pays good div to reward shareholders, I m sure the Plantation share price will continue to go up mah!
Even if the CPO price come down to Rm 4000, I m sure the impact on plantation share price is minimal as currently it is not overvalue mah!
Currently with all food inflation in the world plus limited land available for future cultivation due to the environment concern, plantation valuation & its land will be valuable loh!
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
56,437 posts
Posted by calvintaneng > 2022-04-07 23:09 |
Post removed.Why?