The 2013 Q2 result will be announce in August. You all better wait and see. Unless the healthcare business get better, otherwise the result worse compare to Q1 (5.75sen/6 = 0.96sen). Platation business will be getting bad due to lower output and lower CPO price.
guess the result s worse, n the price sink, then it s the time we accumulate it, this s normal cycle palm oil plantation business,the output on next 2 quarters. CPO price s folo-ing the global demand, if the crude oil price continue to be so high, then CPO price ll rise oso due to increasing demand towards cheaper crude palm oil as alternative fuel sources right ?
ccc5197, TDM shares was goreng up to fund the Kuala Besut by election. The 77 sens share shot all the way up to RM1 to trap investors. After winning ,no more funds needed. So ,all the way down
gark, thanks for ur info, yaya soybean is the one mainly affecting CPO, i hope the biodiesel program in malaysia in near future will continuously expand due to increased crude oil price
TDM Q2 production output (compare to Q1) : FBB drop 15%, CPO drop 9% and PK drop 19%. Look at June output, I don't think Q3 will be improve. Right now, TDM finacial result (RM14.2M X 4 = RM56.8M) was the lowest for the past 5 years.
"Reports about European lawmakers backing a proposal to limit the use of biofuels in the region’s transport sector coupled with higher than expected soy stockpiles by the U.S. Department of Agriculture sparked selling pressure in the market,"
CPO now 2,174/ton = lowest since 2009. Good luck all holders. :)
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Posted by newbiestock > 2013-07-26 16:25 | Report Abuse
DONT BUY TDM FOR A LONG TIME TO COME>