TA ANN HOLDINGS BHD

KLSE (MYR): TAANN (5012)

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Last Price

5.61

Today's Change

+0.10 (1.81%)

Day's Change

5.47 - 5.64

Trading Volume

2,033,500


2 people like this.

4,349 comment(s). Last comment by Yau Yh 1 day ago

Pinky

2,236 posts

Posted by Pinky > 2 weeks ago | Report Abuse

hahaha Indonesia learnt from Malaysia, U turn and U turn and U turn...

stockraider

29,402 posts

Posted by stockraider > 2 weeks ago | Report Abuse

Very brave Jokowi to uturn when he see his wrong mah!

Kim33

956 posts

Posted by Kim33 > 2 weeks ago | Report Abuse

So how??continous drop?

Johnzhang

2,071 posts

Posted by Johnzhang > 2 weeks ago | Report Abuse

DJ and Nasdaq collapse , but FCPO overnight UP. FCPO May $7,100, Jun $6,848, Jul $6,477 despite we are in high production season now.
CPO will stay high at least until 2023.

titan3322

1,439 posts

Posted by titan3322 > 2 weeks ago | Report Abuse

A word of caution though. United Plantation has reported 20 % decline in profits in the last qrt. But we all know the March qtr should be the record profits for most planters somehow this cukai makmur has come to play this year so your prosperity could also be greatly reduced the fear is that it would not just stop there !

Johnzhang

2,071 posts

Posted by Johnzhang > 2 weeks ago | Report Abuse

The dismal performance of UP is due to more than $150 mil hedging loss and sold too much crop forward at about $3,800 as compared to average spot price of $6,050 for Q1 2022) . It has nothing to do with cukai Makmur at all . Without the huge hedging loss , UP would have make many folds increase in Q1 2022 profit. As such , plantation that sell their produce on spot month basis will report huge yoy increase of earnings.

Posted by Thomas Chan Yeu Wai > 2 weeks ago | Report Abuse

Thanks Johnzhang. How would we know TAAN is selling at spot or at forward? Disclosure in annual report?

Johnzhang

2,071 posts

Posted by Johnzhang > 2 weeks ago | Report Abuse

Hi Thomas, It's a reporting standard to declare the amount of hedges or forward contract in QR and annual report. I don't see that in Taann.
Taann does not explicitly declare the realised CPO price.
Taann's associate company, Swkpltn declared the average realised CPO price (FY 2021 was $4,389) which has been in line with the spot month prices. I must note that Swkplant is managed by Taann and therefore safe to take that same policy apply. Taann's qtrly profit growth for the plantation segment is in line with the CPO trend. I come to the conclusion this way.

Golf123

48 posts

Posted by Golf123 > 2 weeks ago | Report Abuse

Johnzhang, your comments good, how do you get total hedging loss, is it published or your deduction.

Not clear from news report, perhaps you can give greater clarity.

Johnzhang

2,071 posts

Posted by Johnzhang > 2 weeks ago | Report Abuse

@golf123, it is reported in the qtrly results.

casanwk

1,364 posts

Posted by casanwk > 2 weeks ago | Report Abuse

Topup 609

casanwk

1,364 posts

Posted by casanwk > 2 weeks ago | Report Abuse

Gogogo
Tp - 620 & 635
Ong heng huat ah

casanwk

1,364 posts

Posted by casanwk > 2 weeks ago | Report Abuse

Long holidays - take profit first!
Try our luck at casino
Hahaha

Pinky

2,236 posts

Posted by Pinky > 2 weeks ago | Report Abuse

Calvin tan blog link not working

Posted by 2020covid19 > 2 weeks ago | Report Abuse

Calvin's blog page, inside it got many masterpieces, cool
https://klse.i3investor.com/web/blog/index/www.eaglevisioninvest.com

junkit

64 posts

Posted by junkit > 2 weeks ago | Report Abuse

2022年最大涨幅的棕油股 - TAANN:
https://youtu.be/V6HZye504TE

Posted by wallstreetrookie > 2 weeks ago | Report Abuse

Lol stop promoting your YouTube video here for views and clicks. You are just recycling the same news and catalysts that have already been priced in.

Golf123

48 posts

Posted by Golf123 > 1 week ago | Report Abuse

Yesterday's star article on Sarawak plantation's recovery of matured palm acres may speed up taann ascension to 7rm.

Posted by wallstreetrookie > 1 week ago | Report Abuse

@Golf123 Honestly you should be worried when The Star writes articles on certain stocks and companies. The Star is not the media platform to trust or get your news from

stockraider

29,402 posts

Posted by stockraider > 1 week ago | Report Abuse

U need to understand....we already had move ahead since the covid run in 2020 loh!

Now u need to be little bit more defensive & plantations with CPO price up and huge cheap landbank to manage inflation plus a good hedge against RM depreciation are good bets to manage this risk & capitalise on opportunities loh!

Posted by nhbeen > 44 minutes ago | Report Abuse

stockraider: Inflation is good for banking whereas recession is not loh!

So if u invest in banking when recession strike....be prepare for about 2 years share price consolidation mah!

Yup. You are right. In recession, all sectors affected and their share price as well. If you intend to invest for long haul, it is also the time to buy into some good companies. Normally, equity market will move ahead first when economy starts recovering.

Posted by wallstreetrookie > 1 week ago | Report Abuse

Growth stocks have dropped for 6 months whereas value outperformed for nearly a year.

calvintaneng

45,212 posts

Posted by calvintaneng > 1 week ago | Report Abuse

Hopefully Taann will follow Sop in giving Bonus this month of May 2022

Golf123

48 posts

Posted by Golf123 > 1 week ago | Report Abuse

Calvin,
You may well be right, taann is quite broad based with plantation forest, timber and veneers.

stockraider

29,402 posts

Posted by stockraider > 1 week ago | Report Abuse

Go for it loh!

Div will be above 40 sen going fwd mah!

Golf123

48 posts

Posted by Golf123 > 1 week ago | Report Abuse

It's a steady ship, good dividend stream, can sleep easy.

Pinky

2,236 posts

Posted by Pinky > 1 week ago | Report Abuse

so quiet here it feels unfamiliar hahaha

titan3322

1,439 posts

Posted by titan3322 > 1 week ago | Report Abuse

Koyak !

Yau Yh

33 posts

Posted by Yau Yh > 6 days ago | Report Abuse

Just remember the limit down days during the glove rally and what happened after....

Pinky

2,236 posts

Posted by Pinky > 6 days ago | Report Abuse

Not apple to apple comparison.

Glove boom went bust because of oversupply.

Palm oil? The supply glut will be here for a while. If you sell in panic, you lose.

Pinky

2,236 posts

Posted by Pinky > 6 days ago | Report Abuse

Opps typo i mean supply shortfall hahaha

calvintaneng

45,212 posts

Posted by calvintaneng > 5 days ago | Report Abuse

Taann is oversold

Time to load up KAW KAW

Yau Yh

33 posts

Posted by Yau Yh > 5 days ago | Report Abuse

Actually, what I meant was there will be days when the price drop significantly but if the fundamentals are strong, it will rebound so be prepared psychologically for such corrections and not panic sell.

Pinky

2,236 posts

Posted by Pinky > 5 days ago | Report Abuse

haha misunderstood u sorry @Yau Yh

Golf123

48 posts

Posted by Golf123 > 4 days ago | Report Abuse

Cepatwawasan results came out and profits triple, qrt to qrt, good harbinger for other better managed companies.

Posted by StartOfTheBull > 4 days ago | Report Abuse

Tech stocks get the worst hit.

casanwk

1,364 posts

Posted by casanwk > 4 days ago | Report Abuse

Double bottom in progress
(30 minutes

casanwk

1,364 posts

Posted by casanwk > 4 days ago | Report Abuse

Support 550

Posted by StartOfTheBull > 3 days ago | Report Abuse

Most of us know, like oil & gas follow oil price; plantation stocks always follow the FCPO price movement.

Golf123

48 posts

Posted by Golf123 > 3 days ago | Report Abuse

Volatility is name of the game.....stay the course

calvintaneng

45,212 posts

Posted by calvintaneng > 2 days ago | Report Abuse

Happy morning all at Taann

Morgan Stanley Msci has picked Taann and Tsh resources in their latest recommendations to Foreign Funds from USA and other countries

This means that Foreign Funds are coming to Malaysia due to the bright prospects of palm oil

Just hold tight and enjoy the palm oil superbull

calvintaneng

45,212 posts

Posted by calvintaneng > 2 days ago | Report Abuse

And congratulations to Taann Management Team!!

Well done !!!

Abba84

787 posts

Posted by Abba84 > 1 day ago | Report Abuse

Tis is positive news for the plantation sect.!

Posted by StartOfTheBull > 1 day ago | Report Abuse

https://www.sinchew.com.my/?p=3799774
---------------------------------------
Wheat crisis.
It would also means crisis for other foods including cooking oils!

markgold

167 posts

Posted by markgold > 1 day ago | Report Abuse

Investment in food and agricultural industries are a smart move in the near future.

Yau Yh

33 posts

Posted by Yau Yh > 1 day ago | Report Abuse

Msci Malaysia addition list can be found here. https://app2.msci.com/eqb/gimi/smallcap/MSCI_May22_SCPublicList.pdf

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