"Palm oil revival. After a long price decline since 2011, outlook brightens as El Nino-linked dry spell causes shortages and demand for biofuels..." Bangkok Post
"Palm oil producers are upbeat that this year will bring more luck as crude palm ... is expected to grow slightly and prices are forecast to pick up" Jakarta Post
Palm oil output looks good, but depends if the company can maintain output? Anyways, Dutaland's relative low valuation makes it a potentially attractive option. Have to hold for quarter report, short term is more risky
Technically, a symmetrical triangle was formed today with consolidating volumn. Watch out for price breakout anytime from now with initial target of Rm0.90. Buy before too late
Type of transaction Description of Others Date of change No of securities Price Transacted (RM) Acquired 22 Feb 2016 16,782,900 Acquired 23 Feb 2016 100,000
Circumstances by reason of which change has occurred Purchase of shares by Duta Equities Sdn Bhd Nature of interest Direct and Indirect (Deemed Interest) Direct (units) 54,000 Direct (%) 0.01 Indirect/deemed interest (units) 393,021,547 Indirect/deemed interest (%) 46.45 Total no of securities after change 393,075,547 Date of notice 23 Feb 2016
Duta Yap bought another 16.7 Million Dutaland shares on 22 Feb 2016
Something is brewing?
El Nino will power up DUTALAND Shares through Years 2016, 2017 & 2018
calvin TMakmur got nice move.. even better than Jtiasa these few days..
Hopefully the Tengku Guy finish selling all his TMakmur shares finally. Then price will be more stable. As for Jtiasa & all other Oil Palm stocks they will all move up when CPO reach Rm3,000 a tonne.
The Board of Directors of Olympia wishes to announce that its wholly-owned subsidiary, Olympia Properties Sdn Bhd (Company No. 368505-T) (“OPSB” or “Vendor”), had on 22 April 2016 entered into a Sale and Purchase Agreement (“SPA”) with Semanja Hartamas Sdn Bhd (Company No. 1180310-K) (“SHSB”) or (“Purchaser”), for the disposal of a piece of development land held under Geran No. 77974, Lot No. 67801, situated in Mukim Batu, District of Kuala Lumpur, State of Wilayah Persekutuan Kuala Lumpur measuring approximately 36,491 square metres or 9.01 acres (“Parcel 1 Land”) for a total cash consideration of RM150,000,000.00 (Ringgit Malaysia: One Hundred and Fifty million) (“Sale Consideration”) subject to the terms and conditions as stipulated in the SPA (“Proposed Disposal”).
Calvin comments:
If Duta Yap were to dispose all Dutaland Net Net Assets for Cash Dutaland NET CASH POSITION IS EASILY OVER RM1.00 Per Share.
Could this be the reason why every time Duta Yap accumulates he sapu 16 million shares at one go?
1 acre of vacant Mukim Batu, Mont Kiara market value myr16million per acre??..is this a fair value? myr150M/ 9 acres.....i'm expecting more value. this land is dutaland/olympia 52:48 joint venture land. 2ndly, any possibility Dutaland merge with sister company, Olympia Ind. eventually via share swap?
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....
feifun
376 posts
Posted by feifun > 2016-01-15 09:15 | Report Abuse
CPO price is so much uncertainties.