Calvin bought TSH in year 2006 at RM1.40. Why shouting now after price have doubled?
Do you know the reason for price rise?
Palm oil rides on Crude Oil. They are inter related. And both are also Highly Cyclical!
I bought TSH in year 2006 for RM1.40 with my Johor Sifu (My Sifu recommended it then.)
TSH price shot up over 100% in year 2007 at RM3.30.
Then it Crashed back to a low of RM1.10 in Year 2008.
THIS IS A YO YO OF A CYCLICAL PLAY!
Of Course With Oil Price Rally for the Last 3 Years TSH has gone from RM1.40 again to RM3.38 right now!
But why Datuk should be Bullish at the peak? Bullish when Mr. Market (Maybank IB) Is Also So Bullish? Precisely you are making A Fundamental Error Here.
You Are Bullish when Mr Market Is Bullish. And You are Bearish When Mr. Market Is Bearish.
You Invest By Greed & Fear Rhythm. And Calvin think you Will Fail This Round. No need for September 2015. You already buy at the Very Top of The Ferris Wheel
Your investment decision is fundamentally flawed!
Let Me Tell You Why?
1) With The Advent of Cheap Shale Oil In North Dakota The World Is AWASH IN CHEAP OIL. And with the protracted Recession the World Over Crude Oil Prices Are Falling. Falling And Dragging Down Biodiesel Oil. In Biodiesel Oil is A By Product of Corn Oil & Palm Oil.
That's Why Palm Oil Prices Are Going Down. This Fundamental Shift Will Last Till Share Oil Extraction is Over in US. But One Nation With HUGE SHALE OIL RESERVE IS CHINA!
When the Chinese can copy, steal, borrow or buy this US Technology - Then Crude Oil Prices Will Crash Further!
Since Oil Palm Prices are Falling The Msian Govt is Throwing A Life Line For Oil Palm Growers. A nice 2 months Tax Free bailout. But this is only a temporary help only.
I suggest you sell your TSH into strength & buy back your BJ Corp.
Sell Now on Maybank IB & Govt Tax Free News. Sell now! Don't delay.
datuk..... are into track and field? A lot of your comment are competing in running. I also love track and field. My PB for 100m - 11.2s, 200m - 22.5s and long jump 6.87m.
ANOTHER VERY STRONG INDICATION OF INSIDER ACCUMULATION
In Bursa Filing Today
Director Dato' Zurainah Bought BJ Corp LC at 28.2 Cents. She bought 41.3 Lots. And Total transacted lots were 41.3 lots - thus matching her accumulation.
While The General Market Kept Chasing Other Penny Shares BJ Corp Insider is silently Accumulating.
I'm not interested to track the daily or weekly or monthly price movements of the stock I invested. What
What I'm interested is the annual declared profit; its cconsistency ,year after years!
The most important is the factors govern its profitabilities! That make the difference between great investor n the average or more often below average!
Pls don't write anymore! It make look like i bullying you among my peers!
At cpo price rm2000 /mt, tsh will growth 70% of its profit in the second half if compare to the same corresponding periods in 2013 ..when cpo price fared much better ! see how far my prediction out of track!
What would happen to the price if that materialize!!! Even after the approval of bonus proposal. ..what about in the next 3-4 years...comes to think of it...tai atuk huat lah!! Kikiki
You got to treat yrself fairer b4 expecting others! Don't mislead your self n others. ..check what'' the prices for those ctrs mentioned by you one day earlier than what you quote d!! Kilikiki
The Book says, "The simple believes every word; but the prudent person look well to his going."
Translated or Calvin's Version would be
"Do not just take in what is obvious; but check the Accounts Carefully before Investing."
BJ Corp was Still Profitable Last Quarter. But Accounting Shows a Loss Due To
"RM220 Millions INVESTMENT RELATED EXPENSES"
Now What is This Loss Called "INVESTMENT related expenses".
Is This A Loss? Yes! And No!
Yes Because Money Has Gone Out.
No, Because money has been "INVESTED"
The emphasis is on "INVESTMENT".
Let me illustrate
1) In The Early Days of Planting Oil Palm
These Are The Investments
1) Buying Agricultural Lands (In Sabah Mr. Liew MY Friend Bought RM500 per acre - early days. In Johor Mr. Bub pays RM50,000 per acre - about 10 times more expensive.)
2) Monies Spent in Clearing the Forest & To Make Roads To Facilitate Planting
3) Monies Invested in Quality Oil Palm Seedlings - price has gone up now.
4) Cost of Labour & Fertilizer in initial years without Fruit Bunches as yet - at least 3 Years.
NOW ALL THESE ARE CLASSIFIED AS
"INVESTMENT RELATED EXPENSES"
IS THIS A LOSS? YES! IN ACCOUNTING LANGUAGE! BUT AS SHREWD BUSINESS MEN BOTH MY FRIEND MR. LIEW OF SABAH & MR BUB OF JOHOR ARE MILLIONAIRES NOW.
ALL THEIR "LOSSES" HAVE BEEN RECOUPED
MR. LIEW'S LANDS OUTSIDE TAWAU, SABAH HAVE APPRECIATED IN PRICES.
FOR MR. BUB OF JOHOR HIS LANDS BOUGHT AT RM50,000 IN PEKAN NENAS & PONTIAN JOHOR ARE NOW GOLD MINES! BUB WILL MAKE EVEN MORE MONIES THAN HIS OIL PALM FRUIT!!
DO YOU GET IT?
And If You Still didn't get it I must give you another example
Sorry! That's not theory talk..that's half past six talk! In accounting, you can capitalize those investment! Only half past six knowledge said otherwise! Kikikiki
I am more concern on the abilities of bjcorp to pay the 6 billions debts with annual bank interest of 350 million. Any increase in interest rate will have significant impact to bjcorp. The bank interest alone will eat all the asset of the company if continue like this..
calvin, to me, BJCorp is valuable only if its selling asset to raise cash. It has too much debt, and even if its assets are undervalued, they are either not yielding much or VT is too good at cooking the book to hide the profits. Look at its profits for the past few years, only three words to describe, bad, poor, miserable.
don't get upset with my words, I own this stock too...
Calvin, at this discount level, so long as BJCorp takes drastic action to sell unyielding asset to raise cash and improve profit margin of those core businesses, it's still worthy investment, probably worth at least RM 1.00 per share.
Its fair to say that you dare to differ, just not blind or deft. Otherwise, given my exposure to BJCorp in my portfolio, I would not be far behind from you. And surely, I don't want to be called blind or deft. Stubborn, guess its needed if you were to invest...
Calvintan, don't affect by datuk. Stick with your own plan, BJCORP is a very good gem. Result going to release soon. At least 200mil profit will show in this quarter report. Many insider that related to Berjaya has start accumulated BJCORP.. No one can confirm when it will shoot up, but at least we can confirm they are preparing for it.
BJCorp dropping from 1.00 until today since it had a cash call to privatise Cosway with issue of BJCorp LD and warrants.. this happened in April 2012. I believe It will be bak to 1.00 when it relists Cosway again in one day. However, the recent developments may be likely to prompt it recovering towards higher prices... but no one can predict wht will be happening on next days (like 911 events) but if 3395 is undervalued .. it is sure tht it will bak to the optimum prices... If I m not wrong, 3395 lowest prices during Euro Crisis 2009 was around 0.48 to 0.51...as well...therefore, the spring is now on full compression and you just cannot press them much furthers...this proved by last qtrs. when it announced the impairment loss of 250 mil... and it didnt hit the prices too much...except it adjusted back to 0.47...level from 0.52...
cfoong made a very good point. Even in very bad market, BJ drop to only 0.47. So assuming it will drop to 0.47 again, what is ur risk . 10% ? versus the upside of 70, 80 or 1.00. To me it sounds like a perfect punt with fantastic risk v reward ratio . All the best everyone invested.
even if BJCorp won't up much ,but the only direction is to the north, definitely it won't hurt you much , it is already at its record low point. But again imagine, the annoucement by VT to apply for casino licence... how if it materialised ?
Tan Sri had said bf: "he is a very patient swimmer and if the opportunity arises, he will swim into the deep blue sea from the small river... a bit of patience...la.. and good lucks to all the 3395 stakeholders includes Tan Sri as well...
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
calvintaneng
55,641 posts
Posted by calvintaneng > 2014-09-05 15:41 | Report Abuse
Ha! Ha!
TSH? Tan Soon Hong
Calvin Tan's blood relative from China?
Calvin bought TSH in year 2006 at RM1.40. Why shouting now after price have doubled?
Do you know the reason for price rise?
Palm oil rides on Crude Oil. They are inter related. And both are also Highly Cyclical!
I bought TSH in year 2006 for RM1.40 with my Johor Sifu (My Sifu recommended it then.)
TSH price shot up over 100% in year 2007 at RM3.30.
Then it Crashed back to a low of RM1.10 in Year 2008.
THIS IS A YO YO OF A CYCLICAL PLAY!
Of Course With Oil Price Rally for the Last 3 Years TSH has gone from RM1.40 again to RM3.38 right now!
But why Datuk should be Bullish at the peak? Bullish when Mr. Market (Maybank IB) Is Also So Bullish? Precisely you are making A Fundamental Error Here.
You Are Bullish when Mr Market Is Bullish. And You are Bearish When Mr. Market Is Bearish.
You Invest By Greed & Fear Rhythm. And Calvin think you Will Fail This Round. No need for September 2015. You already buy at the Very Top of The Ferris Wheel
Your investment decision is fundamentally flawed!
Let Me Tell You Why?
1) With The Advent of Cheap Shale Oil In North Dakota The World Is AWASH IN CHEAP OIL. And with the protracted Recession the World Over Crude Oil Prices Are Falling. Falling And Dragging Down Biodiesel Oil. In Biodiesel Oil is A By Product of Corn Oil & Palm Oil.
That's Why Palm Oil Prices Are Going Down. This Fundamental Shift Will Last Till Share Oil Extraction is Over in US. But One Nation With HUGE SHALE OIL RESERVE IS CHINA!
When the Chinese can copy, steal, borrow or buy this US Technology - Then Crude Oil Prices Will Crash Further!
Since Oil Palm Prices are Falling The Msian Govt is Throwing A Life Line For Oil Palm Growers. A nice 2 months Tax Free bailout. But this is only a temporary help only.
I suggest you sell your TSH into strength & buy back your BJ Corp.
Sell Now on Maybank IB & Govt Tax Free News. Sell now! Don't delay.