Cross trade is between 2 funds are transacted at an agreed price. tht's y they push it down to 0.765 to transact. u can see there were 2m shares crossed intra-day yesterday. Basically, no point only one fund keeps shooting bullets. U need some strength from other funds as well. But u need a base for tht.
Hi looyee, agree with you that healthcare will be the frontier for growth of TDM. However, the plantations in both Tganu and Kalimantan has more mature trees than last year, giving more yield to offset the lower QoQ CPO price. And with their effort in biocomposting to produce fertiliser has reduced their spending on chemical fertilisers. These collectively, I believe, will contribute to an improvement in the earnings. Just my 2 cents
Although TDM is reporting loss of RM4.7m, excluding unrealised loss on fixed income investment of RM16.8, TDM is actually making profit of around RM12m. Good results.
U sell, I buy. Already mentioned TDM made operational profit. The loss was attributable to paper loss from fixed income investment due to strengthening of ringgit. Don't forget in Q415, the gain from fixed income investment was RM32m.
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cutie
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Posted by cutie > 2016-03-22 15:08 | Report Abuse
why the throwing