Park your money anywhere but not where Calvin's mouth says to put it as with his palm oil stocks call in 2022. Kaw kaw buy, die die hold, he was screaming! That call was, and still is, a disaster one year later but he refuses to acknowledge it. Zero integrity.
Thank you for the analysis. However there is a “small” problem, TSH’s Indonesian lands are only 35 year leaseholds expiring in the 2040s to 2050s, as we can see from their Annual report. The value is very different from land in Malaysia which is usually 99year leaseholds or held in perpetuity as freehold land. Their Indo plantations’ land value will drop rapidly as the lease expiry date approaches, and at the end of the lease they will need to pay the Indo government to renew the lease at the then current rates which may be much higher if East Kalimantan will be more developed by then (in fact the Indo government may decline to renew the lease).
Indeed plantation is gold mine. Many plantation holders changed cars in 2022 because of the exorbitant profits they made. I was presented with a plantation for sale in 2018. After doing some research, based on the price then, i should get a return of 5% per annum on my investment based on the asking price. Now, i better put in bank for 3% and no headache la. Plantation owners are some of the richest guys in Malaysia but that's because they ventured into it 25 or 30 years ago. If i could buy plantation lands or plantation companies at 25 years ago price, do let me know ya
As of 2023, i know many cancelled their new car bookings based on latest CPO price. 2021 and 2022 were good years for palm oil but if the price can't sustain, it's just a consolation for the depressed price since the last 12 years. I am no expert in palm oil. One need to understand very well the long term price direction of palm oil in order to make successful investment and not just look at the past
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....