TDM's misfortune is that its latest financial quarter ended too soon. Insufficient time for the current CPO bull to have made a bigger impact.
Just wait for next qr, by which time TDM would have had three straight months of strong CPO prices. I'm sure it will be a completely different kettle of fish altogether, that time.
They should just sell the biz in indonesia as it always makimg loss and dragging the performance of the company..indon revenue is low but the opex is higher..dispointed result
Point is, sometimes plantation lands could also have good potential development value. Especially if they're located in strategic areas. A good example being lands formerly belonging to Guthrie Plantations during the stewardship of Khalid Ibrahim, which later became new expressways, new townships etc.
So, you need to consider these things also.
TDM's Indonesian plantations are in Kalimantan province, IIRC. So. If they're nearby existing growth areas, or in reasonable proximity to the proposed site for the soon to be constructed new Indonesian capital city, those lands could indeed have very high potential capital appreciation.
In a book titled The Little Book of Value Investing, Christopher Browne stated that
“Most people seek immediate gratification in almost everything they do including investing. When most investors buy a stock, they expect it to go up immediately. If it doesn’t, they sell it and buy something else.”
Maybe not as long as 6 months. By next quarter report, TDM would have enjoyed close to three months of strong CPO prices. Good chance for a fantastic qr that time.
@WealthSoWonderful There is a girl named Miss Mabel Fruits she likes being pear and apple But now she is also into sweet sawit Because it helps put food on the table 27/11/2019 2:39 AM
@MoneyAndHoney Maybe not as long as 6 months. By next quarter report, TDM would have enjoyed close to three months of strong CPO prices. Good chance for a fantastic qr that time. 27/11/2019 11:55 AM
Thank you WealthSoWonderful!
I agree. It does bring food to the table. Whether it is 16, 20 or 24 it does not really matters. Think of the end games. We should be thinking of selling when it cross 50 next quarter.
kelapa saiwit naik lagi india mahu cancel tak jadi kasi cakap peneroka Ali Next Quarter duit akan mali
terbang lah sawit ku terbang terbang lah tinggi tinggi hati hamba cukup tenang untung sawit akan datang berlori lori
Pinehill AGM on the 2nd, this coming Monday. They will share the strategy. Cash rich now and still so much undervalued. Next week PINEPAC might reach new heights, 50 to 60sen in the short term. It the edge weekend features a story this weekend then sooner but think it will be next week with clarity from the mgmt and board on the strategy
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