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8 comment(s). Last comment by calvintaneng 2023-07-31 22:52

calvintaneng

56,893 posts

Posted by calvintaneng > 2023-07-30 23:55 | Report Abuse

ECRL Terengganu: Terowong Paka (Jalan Jerangau - Jabor) | Perkembangan Terkini ECRL Paka Tunnel

THPLANT HIT JACKPOT HERE WITH GOOD LOCATED LANDS AT ONLY ABOUT RM5,260 AN ACRE COST

https://www.youtube.com/watch?v=NbSKxrq35-M

Mat Cendana

2,340 posts

Posted by Mat Cendana > 2023-07-31 10:45 | Report Abuse

TSH was all for the taking at below 0.95 just a couple of weeks ago. But as usual many just watched, with the familiar "Will go do further..." That might be true. However, there would come the times when we must act. When the price of a counter we had previously researched and selected goes down, we must buy. Not with all the allocated capital but at least a part of it. And then just wait.

If it goes down some more, then buy again to average the price. If it goes up, also buy some more. The earlier buy helps to lower the average price. Taking action plus having the patience to just wait will often bring in the rewards. Especially with oil palm counters.

calvintaneng

56,893 posts

Posted by calvintaneng > 2023-07-31 10:57 | Report Abuse

Exactly !

Warren Buffet said, " We are to be fearful when others are greedily buying and to be greedy only when others are fearfully selling

At bottom there were full of fears and rumour mongers and naysayers abound and that was the time to buy more

LalisaFang

242 posts

Posted by LalisaFang > 2023-07-31 14:27 | Report Abuse

Which plantation company has biggest land in acre btw?

calvintaneng

56,893 posts

Posted by calvintaneng > 2023-07-31 17:18 |

Post removed.Why?

speakup

27,195 posts

Posted by speakup > 2023-07-31 21:32 | Report Abuse

calvin, among the 3 me think Jtiasa still d best.

calvintaneng

56,893 posts

Posted by calvintaneng > 2023-07-31 22:38 | Report Abuse

in November 2011 THPlant acquired 5,602ha of mainly greenfield land in Samarahan from Sawit Green Plantation Sdn Bhd at RM13,120 per hectare.


Since Samarahan lands have gone up toRm3.00 psf now we can do a simple calculation for the worth of this small piece

5,602 hectares equal to 13.842 acres

to get full value x 3 and then x 43,560 feet

=Rm 1,808,943,388

Over Rm1.8 Billions

with total paid up capital of 883 million shares

this piece of land alone is worth Rm2.04 per share

That is how so very undervalue Thplant assets now

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