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6 comment(s). Last comment by loneranger 2022-08-05 19:55

calvintaneng

49,629 posts

Posted by calvintaneng > 2022-08-04 05:40 | Report Abuse

Hlb Research is excellent !

An honest to goodness stand for palm oil.

It is indeed refreshing to see it stands out in being OVERWEIGHT FOR PALM OIL

90% OF THE MARKET TRADERS WHICH FOLLOW INFERIOR TRADING ADVISE HAVE LOST MONEY

HLB RESEARCH IS AMONG THE SMALL MINORITY RESEARCH THAT WILL HELP ITS CLIENTS TO MAKE MONIES

WELL DONE HLB RESEARCH

And may we add

Tsh resources Ffb this qtr has improved to 20.9%

Latest June qtr alone is a whopping 91,000 tonnes

As for TSH having majority of it's palm oil estates in Indonesia the recent export ban only apply to Cpo export but not it's finished products like cooking oil, palmitic acids and other downstream goods. Since Tsh has 50/50 Joint Venture with Wilmar in Sabah Palm oil Refinery it has contracted to sell all it's Cpo to Wilmar's Refineries both in Sabah and in Indonesia. As such it operates as usual

This August 17 will witness the highest record qtr even for Cpo at Rm6,552 per ton plus these ones have seen Ffb increased QoQ

Swkplant Ffb up 26.9%
Jtiasa up 26%
Tsh up 20.9%

Taann up 20%
(Taann should outperform since it has 30% in Swkplant , its own Ffb up 20%, It's veneer plywood price up 60% Japan banned Russian plywood)

Thplant up 19%
Hopefully Thplant resume dividend payout
SOP up 11% (already record earnings last qtr)

股神 GS

179 posts

Posted by 股神 GS > 2022-08-04 09:50 | Report Abuse

since HL research is so excellent , What is their TP for TSH compare with RM 1.04 now ? Can you share with i3investor?

calvintaneng

49,629 posts

Posted by calvintaneng > 2022-08-04 11:26 | Report Abuse

Hlb Research Target price for Tsh has been raised from Rm1.44 to Rm1.60 which is still too low

calvintaneng

49,629 posts

Posted by calvintaneng > 2022-08-04 13:16 |

Post removed.Why?

calvintaneng

49,629 posts

Posted by calvintaneng > 2022-08-04 13:20 | Report Abuse

Market might not assign bullish call on palm oil companies as they have the misconception that palm oil might follow glove which crashed

But that is totally erroneous as Gloves are manmade and with China factor now in total glut plus fierce price war

Palm oil is by nature and will take long time to set up

As such the palm oil bull run will last much much longer

loneranger

149 posts

Posted by loneranger > 2022-08-05 19:55 | Report Abuse

Where is the bull...

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