in life, the LINK , links the UNLINK the UNLINK links the LINKS Uncle KKKKKKKOOOOOOONNNNNNN.......................................................................................... is always THE LORD-LINK!
Hard for Uncle Koon to show his face here anymore. He called bull on palm oil plantation stocks earlier this year, especially JTiasa, but palm oil price fell, instead of rise, RM500 per ton, from RM2500 to below RM2000. All who followed got hammered, lost 10-20% on investment. Now no more super investor, more like the rest of us, just duped investor.
JTIASA: Potential reversal to upside( by HLIB Research 10 Nov)
Share prices are expected to climb higher in near-term as: (1) a positive divergence indicates weakness in the downtrend momentum and selling pressures are exhausted; (2) subsequently, the “Morning Doji Star” pattern on weekly chart suggested a resumption of the reversal of the downtrend; and (3) reading from all weekly oscillators showed that share price is bottoming up!
Further upside targets are at RM2.15 and RM2.27, with a long term objective of RM2.37. Conversely, supports are at RM2.00 and RM1.97. Cut loss at RM1.93.
Uncle K top pick from Mudajaya, Jtiasa, Xing quan all go Holland..............pity to Uncle K also......At his age, he should not play high risk share, heart sufferssssssssssss
Is HLIB selectively using morning star from weekly chart iso daily to promote? Since then bottoming down every day from 2.06 until 2.01 today. analysts!
Not only you got scold 'ctupid' for giving opposite opinions. There are few in the same boat with you even providing fact. He even claimed it's our ctupid mentality for arguing with him. He is a savvy (super) investor so we let him win at that time lor. Kiki.
It shows that even a "super investor" who uses the hammer can still smash his own fingers... Give him a break, he's already lost "super millions" in Xinquan alone under margin financing and force-selling/topping up...a very fatal stock pick...from a "super investor"?? Definitely NOT...sad to say.
This is a counter for long termers. Here's some reasons why:
A new year-low price has been established over the past few weeks on very small volume.
Stabilitywise, it is consistently profitable. Since 2003, only 2 qtrs with small losses (-8m Jan2005 and -62k Apr2009). But its P/E is not great, whether you measure agst Wood or Plantations peers. Dividend payout has been on since 2008.
AR2014 is out, so you may want to check its POTENTIAL in the next few years.
From now onward very bleak, shale oil hammering crude and biodiesel oil. All oil & gas and all palm oil counters will be hit hard. And if crude falls to $30 a barrel Malaysia itself might be in deep trouble.
Waiting for my second 10 cents dividend from TAANN due on 29/12/2014..TAAAN PE , EPS and Dividend payment is better than JTiasa although both have similar turnovers....TAANN DY is 5.14% ....better than FD rate.....hahahaha
I did study taan before and I cannot remember that its div yield is as high as 5.4%. Maybe there is a special div this year which is one time off. Maybe I have misunderstood Taan , I will re-open the file to verify.
Hi lching : no, I am not going to buy JTiasa nor Taan but on the other hand I am studying utdplt which gives pretty attractive and consistent div yield. With the hammered down cruel oil, I think the already at its low range cpo is facing even higher pressure. If the situation is worsen with bear mkt, I will very likely take opportunity on utdplt. Do you have insights on utdplt?
On the other side, uncle could take this opportunity to squeeze small holders out by pressing the price lower and lower. He is a big trader ma. kikiki.
He did make ton of money for trading Jtiasa. He is a savvy investor who has gone through many crisis for the past few decades. This time is a peanut to him.
bsngpg the only thing i know is Utdplt is managed by a "guilou", good management but i wont add more plantation stock until cpo reverse. i already keep KMLOONG for years.
jtiasa will benefit from the recent flood. All of its plantations are in east malaysia which are not affected by the flood. The flood had affected many planters in west malaysia and the CPO output will be lower in the near future as harvesting is affected. CPO price for sure will rise and jtiasa will benefit from it!
KUALA LUMPUR: Crude palm oil (CPO) futures prices on Bursa Malaysia Derivatives ended higher for the eight consecutive day yesterday on anticipation of lower supply.
Phillip Futures Sdn Bhd derivatives dealer David Ng said worsening weather conditions in key growing areas in Malaysia had disrupted crude palm oil production.
“Production is expected to decline by between 12 to 16 per cent month-on-month and might alleviate the stockpile in the country. This will bolster prices going forward,” he said.
Ng said the support level was located at RM2,230 a tonne with immediate resistance at RM2,320 a tonne.
January 2015 rose RM48 to RM2,298 a tonne, February 2015 increased RM42 to RM2,294 a tonne, March 2015 gained RM36 to RM2,286 a tonne and April 2015 added RM30 to RM2,279 a tonne.
Volume increased to 39,627 lots from the 32,884 lots recorded last Friday, while open interest rose to 214,483 contracts from 208,166 contracts.
On the physical market, January South stood at RM2,305 a tonne up from RM2,260 previously.
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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....
1007lsl
164 posts
Posted by 1007lsl > 2014-10-23 02:44 | Report Abuse
life is too short to hang around
we always hang around the short duration
life is too short to express LOVE
market is too long to recover profit.