TDM will only move when the result started to show positive.
I personally think that CPO hit the worst scenario now (I don think the scenario will get anything worst than now). The boycott from the euro (which our minister is working on that right now) and etc.
TDM had just reduce their Gearing from 0.6x to 0.4x (meaning less interest to pay in the future). I believe the TDM's management is doing the right thing by go with that direction.
Hence, my 2cents is, TDM is at very worst scenario now so any entry below 0.24 is a definitely a good buy. Once the report started to show positive, then the share price should go around 0.30 and when the CPO price goes above Rm2400-2500, then it should hit 0.40+.
Buy when everyone is worrying.
P/S: I'm not sure how bad the recent earthquake affect TDM plantation in indonesia. Anyone got the information? Hopefully it doesn't affect their plantation.
Everything is possible bulldog. However, do you foresee any bad news coming on top of current situation? CPO is hit by the reduce of import from EUROPE and trade war (which card the soy bean/CPO price reduced). What else do you foresee will cause the CPO price to go down further? please share.
highest 1.17 lowest 0.18.5 from lowest to higest back need 900%
people invest on TDM and keep belive TDM most undervl palm still OK ke ? still boleh tahan ? how about all in now to make sure not loss too much ? keep buying la still can down to 01sen or 0.005sen TDm said I dun give any shit n
Tabung Haji seem to have trouble and have to cut down their exposure in stock market. So no doubt they will sell regardless what. Just be prepared. Thanks to our previous PM's crony team who drain out the Tabung haji money..
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kevin5059
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Posted by kevin5059 > 2018-10-10 09:38 | Report Abuse
TDM will only move when the result started to show positive.
I personally think that CPO hit the worst scenario now (I don think the scenario will get anything worst than now). The boycott from the euro (which our minister is working on that right now) and etc.
TDM had just reduce their Gearing from 0.6x to 0.4x (meaning less interest to pay in the future). I believe the TDM's management is doing the right thing by go with that direction.
Hence, my 2cents is, TDM is at very worst scenario now so any entry below 0.24 is a definitely a good buy. Once the report started to show positive, then the share price should go around 0.30 and when the CPO price goes above Rm2400-2500, then it should hit 0.40+.
Buy when everyone is worrying.
P/S: I'm not sure how bad the recent earthquake affect TDM plantation in indonesia. Anyone got the information? Hopefully it doesn't affect their plantation.