Posted by wallstreetrookieNEW > 2024-01-23 13:30 | Report Abuse

That was in 2023. I am talking about your predictions for the first month in 2024 alone

Posted by calvintaneng > 2024-01-23 13:33 | Report Abuse

Oh so short term?

You see only 10 feet ahead like chicken eyesight

Be like Eagle
See 2 km to 3 km away lah

Posted by calvintaneng > 2024-01-23 13:33 | Report Abuse

You mean rookie or rooster 🐓

Posted by calvintaneng > 2024-01-23 13:34 | Report Abuse

Lau die me
Or laugh live me

Posted by wallstreetrookieNEW > 2024-01-23 13:35 | Report Abuse

Your prediction on TSH speaks volume about your credibility anyways

Posted by calvintaneng > 2024-01-23 13:36 | Report Abuse

Listen listen listen

Do not see so short term

See longer term

Bplant was 57 sen
Now closed at Rm1.57 and tutup kedai

Thplant will be like another Bplant

Posted by calvintaneng > 2024-01-23 13:38 | Report Abuse

Tsh?

The best of the very best
(Not for chicken lah)
Only Eagles buy

I have lots of Jtiasa

But i have even more Tsh

Posted by wallstreetrookieNEW > 2024-01-23 13:38 | Report Abuse

Ok then let bygones be bygones. Let's make some money today!

Posted by calvintaneng > 2024-01-23 13:41 | Report Abuse

Sure
All be happy
All making 💰 in Jtiasa
Later Thplant, Tsh
And hs plant and more

Posted by wallstreetrookieNEW > 2024-01-23 13:51 | Report Abuse

I kinda agree. I think Jtiasa will go up first, and then Ta-ann, then Thplant, TSH and HSplant.

Posted by wallstreetrookieNEW > 2024-01-23 14:00 | Report Abuse

Calvin, what is your opinion on Kim Loong?
As far as I know, currently the top plantation equity research analyst is AmInvestment Bank. She gave Kim Loong super bullish PT at RM2.90

Posted by calvintaneng > 2024-01-23 14:06 | Report Abuse

Km loong got too little oil palms

It has also stated its mills will not make much money if Ffb is high

So i think Kmloong is just slightly above average due to Mr Gooi who is a good Boss

However we will focus on palm oil co owning over 200,000 acres of plantation land like jtiasa
Kmloong only got about 1/3 or less of Jtiasa 206,000 acres

Posted by calvintaneng > 2024-01-23 14:15 | Report Abuse

The only one in Eagle group top 10 palm oil with less than 100,000 palm oil is Hs plant (just over 90,000 acres or about the 1.3 times Penang Island
Next month Hs plant will be giving another nice dividend

Mr Fong Siling aka Cold Eye also in Top 30 of Hs plant

Anyone interested in kmloong can also consider hs plant (5138)

Posted by calvintaneng > 2024-01-23 14:19 | Report Abuse

Oh correction

Not Cold Eye but Dr Neoh Soon Kean of Dynaquest in top 30 of Hs plant

Posted by Kevin Tam > 2024-01-23 14:29 | Report Abuse

From the bottom price of 70-72 cents then climbed up to 88-95 cents 1 month plus ago … This week momentum push the counters to go up to RM1.13-1.16….

Posted by wallstreetrookieNEW > 2024-01-23 15:03 | Report Abuse

Hmm why did Kenanga trader stop pumping this stock? Haha we all know why

Posted by calvintaneng > 2024-01-23 16:21 | Report Abuse

No need to bother

Wait till next month good results with good dividends
Stay safe

Fcpo so high now sure will be very good for 🌴

Posted by calvintaneng > 2024-01-23 16:25 | Report Abuse

Real time Fcpo Rm3,945

Posted by pang72 > 2024-01-23 17:38 | Report Abuse

Slow skow up to $1.69

Posted by pang72 > 2024-01-23 17:39 | Report Abuse

Fcpo rm3. 80 is making eps6. 9c lo..
What is the additional earning for rm3.945?

Posted by pang72 > 2024-01-23 17:39 | Report Abuse

Only one word Hold till minimum. $1.69 reference to Taann valuation

Posted by calvintaneng > 2024-01-23 17:55 | Report Abuse

Govt to allow plantation sector to hire foreign workers, says Johari Ghani

https://theedgemalaysia.com/node/698335

GREAT NEWS

ONLY PLANTATION COMPANIES ARE ALLOWED TO RECRUITE FOREIGNERS AS WORKERS (OTHER INDUSTRIES NOT ALLOWED)

FOCUS NOW ON PLANTATION SECTORS

Posted by calvintaneng > 2024-01-23 18:12 | Report Abuse

https://www.youtube.com/watch?v=OPsW1FF7vlw

Posted by pang72 > 2024-01-23 18:14 | Report Abuse

Sure!

Posted by pang72 > 2024-01-23 18:15 | Report Abuse

Particularly undervalue Jtiasa

Posted by Up_down > 2024-01-23 18:59 | Report Abuse

Upstream plantation player re-rating is merely targeting Jtiasa nia. A long way to catch up the SOP market cap.

Posted by calvintaneng > 2024-01-23 22:10 | Report Abuse

Abang Jo Territory of Sarawak?

So after Water Theme play Govt raised 22 sen water tafiff

Now Govt only all plantation to recruit Foreign Labours plus easing of tax for palm oil

These are twin boosters

But one more very very important factor that will push Jtiasa back to its good old days of 2014 at Rm2.70 will be??

Wait for our next post on Jtiasa


Coming up

"The Story of Jtiasa since year 2014 when it was Rm2.70

Don't miss

A nice story

Posted by pang72 > 2024-01-24 09:10 | Report Abuse

1.18 selling fast!

Posted by calvintaneng > 2024-01-24 10:24 | Report Abuse

There are always thematic plays due to Catalysts

In year 2017 there was Budget allocation for Drb Hicom

it was a Chun Chun buy call at 92 sen

e-commerce plus jack ma coming and pos office hype pushed Drb Hicom to Rm2.70

then in year 2018 there was the Nfcp theme when Rm50 billions was supposed to go for fiberisation - stocks like Redtone, Opcom, Netx and Binacom came into focus

by 2019 it turned into Ogse
PETRONAS Rm30 Upstream capex powered up Dayang, Penergy and Carimin (this was curry mee that went up from 40 sen to Rm1.48) Dayang up from 60 sen to Rm3.00

In year 2020 Covid 19 hit hard
Medical gloves theme came into very hot play

Supermax up from Rm1.50 to Rm24.00. Topglove, Harta and Kossan all crossed Rm20.00

By end 2020 Glove theme fizzled and palm oil theme came into focus until 2022 when it peaked and then weakened

but palm oil theme now revived again by

1. High Cpo prices
2. Govt release restriction and allowed importation of foreign labour

possible review of palm oil tax

and this year two palm oil IPO
Mkh oil palm & Johor Oil Palm

all these are new Catalysts for palm oil

Posted by calvintaneng > 2024-01-24 10:33 | Report Abuse

in a time of rising prices where we still do not know the peak we cannot simply sell or regret later

one lady bank boss at the very start of Glove bull sold all her Topglove shares at Rm7.00 (she bought below Rm6.00) very early

as Topglove still rose up to cross Rm10.00 she felt the pain keenly

when Topglove crossed Rm20.00 she became delirious

by the time Topglove reached Rm25.00 and proposed two free bonus for one she could not resist buying back anymore

thinking of the "free bonus" she capitulated and bought back Topglove near peak Rm25.00 (she sold too early at only Rm7.00)

this was a fatal mistake of selling too early

So be very careful not to miss riding this palm oil revival

As long as Cpo is above Rm3,000 All palm oil companies in upstream will do well

Posted by calvintaneng > 2024-01-24 11:02 | Report Abuse

Rm3,972

real time Fcpo now

Posted by wallstreetrookieNEW > 2024-01-24 11:19 | Report Abuse

Good FCPO price but still not higher than March - April 2022 levels. I don't think palm oil price will go back to that insane level forever

Posted by calvintaneng > 2024-01-24 11:36 | Report Abuse

Check the price of United Plant very very very carefully

in year 2022 when Cpo crossed Rm7000 United Plant was about Rm16.00

right now United plant is higher than year 2022 at Rm19.80
Perhaps foreign funds are now buying Malaysia Blue Chip Palm oil first

So just watch

Posted by calvintaneng > 2024-01-24 11:46 | Report Abuse

Another good example is Bplant

On April 2022 Bplant peaked at Rm1.13

Now latest final delisting price of Bplant is Rm1.57

44 sen higher than year 2022 when Cpo was Rm7000

Even at Rm1.55 Analysts said tskeover price unfair as revalued Nta should be Rm2.60

Posted by calvintaneng > 2024-01-24 11:49 | Report Abuse

And right before our eyes is Jtiasa

In year 2022 when cpo crossed Jtiasa peaked at Rm1.13

Now at Rm1.17 it has broken out on the upside!!!

Posted by calvintaneng > 2024-01-24 11:52 | Report Abuse

So United Plant, Bplant and Jtiasa have proven to break out into UPTREND since 2022

How high will they go?

Don't forget Foreign Funds who sold China, India and others have come to Malaysia now

Posted by pang72 > 2024-01-24 14:34 | Report Abuse

1.19 wo

Posted by pang72 > 2024-01-24 14:34 | Report Abuse

Looking good for $1.69 ++mah!!

Posted by Sslee > 2024-01-24 14:55 | Report Abuse

Gross profit= volume ×(unit price -unit cost)
Unit cost = (direct cost + indirect and OH cost)/volume.

Unit cost will reduce if production volume increase.
Gross profit will increase if volume increase, unit price increase and unit cost reduce.

Posted by calvintaneng > 2024-01-24 16:41 | Report Abuse

Fcpo now Rm3,985!

Posted by pang72 > 2024-01-24 17:06 | Report Abuse

Aiyo.... Yo.. Rm3. 985 liao

Posted by pang72 > 2024-01-24 17:06 | Report Abuse

So, $1.2 tmr lo

Posted by durian_jatuh > 2024-01-24 17:30 | Report Abuse

tmr bursa close

Posted by pang72 > 2024-01-24 17:34 | Report Abuse

Adui... Forgot...
Too happy thought can add more money into my pocket...

Posted by pang72 > 2024-01-24 17:34 | Report Abuse

Happy Holiday

Posted by speakup > 2024-01-24 21:21 | Report Abuse

today we have Thaipusam Rally!
next is CNY Rally!

Posted by Sslee > 2024-01-25 09:06 | Report Abuse

For plantation, we impute a FY24F FFB production growth of 6% YoY (vs. 5.2% YoY in FY23 and 7.5% YoY in 2MFY24). KLK’s oil palm estates in Sabah, Sumatra and Kalimantan were not affected by the heavy rains in late- 2023. 50% to 60% of KLK’s FFB production come from Indonesia.

Ex-mill cost of CPO production is anticipated to decline to RM2,000/tonne in FY24F from RM2,229/tonne in FY23. The drop in the cost of production per tonne in FY24F is driven by lower costs of fertiliser and a higher volume of CPO production.

KLK is currently trading at a FY25F PE of 16x, which is slightly higher than its 2-year average of 15x. We believe that the premium is justified due to the group’s attractive age profile of oil palm trees.
Source: AmInvest Research - 24 Jan 2024

Posted by calvintaneng > 2024-01-25 10:57 | Report Abuse

Anticipated to decline to Rm2000 cost of production for year 2024

I think could drop below Rm2,000 possible


Fcpo now Rm3,994 the gross profit is almost reaching 100%

Such high gross profit margin rarely possible in any industry anywhere on earth

This amplification of gross profit if Cpo can just maintain at this price range of Rm3600 to Rm4200 should see palm oil as an industry offers the best real growth in Malaysia - far far better than property, construction, e&e, utlities, banking and all others

Posted by daretocutandchange > 2024-01-25 11:13 | Report Abuse

the derivates loss and costs maneged well after new ceo takeover,not like last times derivates suddenly lost so much

Posted by calvintaneng > 2024-01-25 11:25 | Report Abuse

Yes both jtiasa (malaysia) as well as bumitama (spore) in year suffered because of selling future stocks too early

At that time Cpo was Rm2700 and suddenly jumped over Rm3,000 to Rm3200

Never see Cpo above Rm3000 to Rm3200 for a very long time so they locked into these prices thinking already too good to be true and might retrace back below Rm3,000

And this wrong derivative move caused underperformance when Cpo prices gone higher and higher to their dismay
But that is not permanent and just a one off mistake in calculation
After that is business as usual with the happiness of such high prices of Rm3,994 now