Posted by calvintaneng > 2023-08-31 01:58 | Report Abuse

TAANN

CASH & INVESTMENT IN ASSOCIATE RM750 MILLION
LESS DEBT RM195 MIL

NET CASH MORE THAN RM540 MILLIONS

CAN PAY MORE DIVIDENDS

JAYA TIASA (4383) WHY FONG SILING AKA COLD EYE & DR. NEOH SOON KEAN OF DYNAQUEST ARE BOTH BUYING JAYA TIASA, Calvin Tan

https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2023-08-30-story-h-241060767-JAYA_TIASA_4383_WHY_FONG_SILING_AKA_COLD_EYE_DR_NEOH_SOON_KEAN_OF_DYNAQ

Posted by simon000000 > 2023-08-31 03:48 | Report Abuse

Dividend for 3rd quarter?

Posted by Pinky > 2023-08-31 08:37 | Report Abuse

Aiya CalvinTan u come here promote JTiasa buat apa 🙄

@simon000000 no divvy this quarter, last quarter paid already

Posted by wallstreetrookieNEW > 2023-09-04 15:29 | Report Abuse

Sell plantation

Posted by teknikal > 2023-09-16 15:05 | Report Abuse

rangebound between 3.38 to 4.00

Posted by Ryugentrades > 2023-09-23 08:16 | Report Abuse

Maybank IB stop loss 3.43 for this stock was hit on 7 September. For me, looking at the chart, this stock likely sideways or down trending. TaAnn holders revisit if you are trading coz short term not looking too strong.

Posted by Ryugentrades > 2023-09-23 08:17 | Report Abuse

I did a short video reviewing Maybank IB trading ideas, do have a look and hope you will find it helpful.

Hit or Miss: Backtesting Trading Ideas from Maybank IB (JTIASA, TAANN, MRDIY, NGGB, BIMB, AFFIN)
https://youtu.be/-kI8sBJKGCQ

Posted by calvintaneng > 2023-09-26 21:57 |

Post removed.Why?

Posted by Dehcomic01 > 2023-10-05 08:23 | Report Abuse

Over the years I have invested in companies involved with plywood. I then figured out that those who will survive are those with access to timber. Those companies who rely on buying timber from third party suppliers will have a tough time. Just look at what happened to Cymao (now Annum) and Eksons. Ta Ann is lucky to have timber operations.

Posted by calvintaneng > 2023-10-11 23:03 |

Post removed.Why?

Posted by DividendGuy67 > 2023-10-15 10:06 | Report Abuse

Market has been distributing TAANN since July peak.

Posted by stockraider > 2023-10-15 10:10 | Report Abuse

Taann is the best manage Palmoil cum timber stock mah!

It pays good div too loh!

Posted by DividendGuy67 > 2023-10-15 10:15 | Report Abuse

Is it planning to revisit 3.19/3.20 swing lows? 🤔

Posted by StartOfTheBull > 2023-10-15 10:38 | Report Abuse

Unbelievable, a good company was dumped like a rubbish stock in the past few weeks. Market is very irrational sometimes.

Posted by stockraider > 2023-10-15 10:57 | Report Abuse

Put it this way, if they dump it is opportunity mah!

This is the beauty of the mkt loh!

Posted by DividendGuy67 > 2023-10-16 17:59 | Report Abuse

Thanks to Mr Market, I picked up TAANN at 3.28 average, to cover what I previously sold at 3.66. Basically paid myself 38 sen "dividend" or 0.38/3.28 = 11.6% yield for just a couple of months.

Posted by DividendGuy67 > 2023-10-16 18:18 | Report Abuse

TAANN looks like a decent company to own in its entirity, as part of a long term diversified portfolio. I like it for many reasons, some already mentioned here. However, it is cyclical in that its earnings depends on CPO prices as you can see from its historical stock price the past 2 decades - on 1/1/2000, the stock open at 2.75 and today it is 3.27 and after 23 years, a gain of 52 sen is not the kind of stock that Warren Buffett would buy and hold forever.

It is clear that during good times, this stock price can soar - like 2007, 2012, 2016 and 2022. The prices can be as high as RM4+ to RM6+ peak.

During bad times, this stock can tank - like 2001, 2003, 2009, 2018, 2020 ... hard to define the bottom, but this is when price is say RM2 or below.

So, this stock is for trading. How much profits you make depends on Mr Market. If price goes down to RM2 or lower, then, this is great time to make a killing ... if price only drops a little down to RM3, then, profit is smaller.

Like this recent buy/sell @ 3.28/3.66 a minor one, with small profits, small position.
Nevertheless, I keep an interest in this stock by holding a small position for now, waiting for the time when Mr Market is highly pessimistic to add, and sell when Mr Market is highly optimistic.

Ironically, IB is likely to recommend the opposite - they will tell you to buy when price is high and rising (but near peak typically) and then tell you to sell when price has dropped with losses (and typically, it's more than halfway near bottom already).

For a great company like this, let price guides you when to buy and when to sell.

Posted by DividendGuy67 > 2023-10-16 18:42 | Report Abuse

At the current environment, what is interesting is how low will TAANN get over next 12 months.
Starting from Monthly charts (looking at past 23+ years), the obvious target is around RM3. I think there's 45% chance to hit RM3, 55% chance it won't hit that level, and if it hits RM3, the next 3 year payout is around 33% price gain + 6% dividend yield p.a., so, say 11%+6%~ 17% 12 month returns.
Next major support is around RM2.50. Harder to imagine getting hit here, maybe 20% chance? 80% chance it won't touch. But if it hits there, my position will be bigger and if it gets back to RM4 in say 3 years, my yearly gain is larger ~ 17%+6% ~ 23% p.a. returns over 3 years.
As for RM2, I think extremely unlikely in next 12 months. I give it only less than 5% chance, 95% chance won't happen. But if it happens and gets back to RM4 in 3 years time, the returns ~ 26%+6% = 32% p.a. returns over years

These are just rough concepts in my head, how I think about stock market investing. I am a firm believer that Market decides how much returns I get and not solely on me. Market decides 80%, me only 20%.

Posted by DividendGuy67 > 2023-10-16 18:46 | Report Abuse

The above numbers are concepts only - in reality, I will average down on this stock, so, if price hits RM3, my cost is higher than RM3, say RM3.1, and if price hits RM2.5, my cost will probably be around RM2.8 (?), and if price goes down to RM2, my cost may be around RM 2.5 (?), so, when price goes back up, the gains are not as large, but at the same time, when price are low, the dividend yield is higher than 6%, so, there are some partial offsets. But at the bottom, my holding will never be greater than 5% of my stock portfolio (occasionally 6%) so that if this stock goes bust, I can still recover.

Posted by DividendGuy67 > 2023-10-16 18:53 | Report Abuse

Drilling down to weekly charts over past 5 years, you get a better sense of how low a stock could go. On Monthly chart, I thought RM3 was strong support, but on weekly chart, it's RM3.03 - so, you fine tune. But I still think a minority (45%) chance to hit RM3.03.

Drilling down to daily charts over past year, you see some minor supports around 3.18-3.20, so, this one has 49/51 chance of getting hit I think. It's a coin toss for me, I got no clue whether it'll go down that low but it feels like 49/51 chance? If it gets there, I'll add a little bit, as my holding is still small.

Posted by DividendGuy67 > 2023-10-16 19:00 | Report Abuse

So, I do this for only a very small number of selected stocks - it must be companies that I would be happy to own in its entirity meaning on current market cap of say 1.45 billion, if I have that much money, I would like to own this company in its entirity i.e. the lower market price falls, I will keep accumulating.

However, there are not that many companies in Bursa like this quality.

Posted by DividendGuy67 > 2023-10-16 19:02 | Report Abuse

The other thing is I assumed 3 years recovery. Sometimes, it stretches to 4 years, or 5 years, or 6 years ... the timing is also decided by Mr Market and not me. So, it has to be with long term monies like EPF type monies that you don't plan to spend.

Posted by StartOfTheBull > 2023-10-18 15:35 | Report Abuse

Good catch yesterday. Hahaha

Posted by simon000000 > 2023-10-19 01:48 | Report Abuse

Still die.... until 2.85

Posted by StartOfTheBull > 2023-10-19 11:20 | Report Abuse

Hahaha, while CPO future has rebounded, but so many weak hands are still selling.

Posted by Golf123 > 2023-10-31 02:25 | Report Abuse

Just hold for dividend

Posted by simon000000 > 2023-11-09 21:58 | Report Abuse

3.80 on the way

Posted by calvintaneng > 2023-11-23 09:21 |

Post removed.Why?

Posted by titan3322 > 2023-11-23 10:53 | Report Abuse

Will likely report poor results for qtr ending September 30 2023 !

Posted by StartOfTheBull > 2023-11-23 11:14 | Report Abuse

Dividend coming?

Posted by Golf123 > 2023-11-24 12:42 | Report Abuse

Long term invest, carbon credit will help.

Posted by Mabel > 2023-11-26 10:32 | Report Abuse

India is the largest importer of Malaysia’s CPO and they really need our help as Shah Rukh Khan, Amitabh Bachchan, Aamir Khan, Salman Khan, Kajol, Priyanka Chopra, Deepika Padukone etc needs help urgently. Their Capati and Tossie does not taste the same without Mabel Oil.

Right now Malaysia can only be able to export about four million tonnes to the country. Sarawak, please work harder, we need to increase another 2 million tonnes.

Mabel Oil Production: MPOA 1-20 October 2023
Peninsular Malaysia: (+) 4.83%
Sabah: (+) 4.26%
Sarawak: (-) 0.54%
East Malaysia: (+) 2.99%
Total Malaysia: (+) 4.14%

Posted by Mabel > 2023-11-26 10:32 | Report Abuse

https://www.thestar.com.my/news/nation/2023/11/25/india-asks-for-six-million-tonnes-of-palm-oil-from-m039sia-says-dpm

Posted by titan3322 > 2023-11-28 19:41 | Report Abuse

Div not bad although reported lower profit 😀😀

Posted by calvintaneng > 2023-11-28 20:28 | Report Abuse

A generous 15 sen dividend
👏
👏

Posted by calvintaneng > 2023-11-29 04:27 | Report Abuse

JAYA TIASA (4383) LATEST RESULT SHOWS A HUGE SURPRISE JUMP IN PROFIT: UP BY 100% KUDOS TO YOUR EXCELLENT HARD, WELL DONE! WELL DONE!! WORK , Calvin Tan

https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2023-11-29-story-h-214097097-JAYA_TIASA_4383_LATEST_RESULT_SHOWS_A_HUGE_SURPRISE_JUMP_IN_PROFIT_UP_B

Posted by StartOfTheBull > 2023-11-29 07:37 | Report Abuse

Promoting Jtiasa in other plantation forums is like promoting Sheng Siong in Fair Price, CS Fresh, Cold Storage or other supermarkets.

Posted by titan3322 > 2023-11-29 09:38 | Report Abuse

Hahaha nowadays investors are div hungry. Good earnings but no or miserable div also no good don't tell people to hold long if you can't give good div when you have got good earnings people will still bypass it 😀

Posted by stockraider > 2023-11-29 12:42 | Report Abuse

Wow...latest Taann div surprisingly good loh!

Div yield exceed 7% pa loh!

Posted by Golf123 > 2023-11-29 12:53 | Report Abuse

Just hold

Posted by BudiLee > 2023-11-29 15:00 | Report Abuse

Another good one is UP, United Plantation. Tomorrow is the EX Date

Posted by calvintaneng > 2023-11-30 00:25 |

Post removed.Why?

Posted by calvintaneng > 2023-11-30 00:27 | Report Abuse

And not forgeting Fgv ( full of golden value)

Posted by Marklucas > 2023-11-30 02:50 | Report Abuse

Contact wizardlarry@mail.com for you lost and stolen bitcoin he is an expert in tracing and recovery bitcoin

Posted by stockraider > 2023-12-03 10:19 | Report Abuse

Best undervalue palmoil stock to invest loh!

Posted by Golf123 > 2023-12-04 11:22 | Report Abuse

Good potential long term

Posted by Amazonboy > 2023-12-15 13:14 | Report Abuse

https://www.businesstoday.com.my/2023/12/13/midf-picks-ta-ann-for-its-pure-upstream-cpo-play/

Posted by cfphoenix > 2023-12-20 21:51 | Report Abuse

15 sen dividend in January. Cheap price (Low PE) and consistent dividend. Added more TAAN and INNO to my portfolio (After dumping an overvalued poor performer with low dividend yield). Hopefully these would fly like BPlant and Kossan (Should have held them for longer :)) - now high PE).

Posted by Dehcomic01 > 2023-12-24 12:18 | Report Abuse

I bought TAANN in mid-2019 when it was trading around RM 2.25 per share and then sold it off in early 2020 when it went up to around RM 3.40 per share. I went in on the basis of its fundamental and sold when I thought the market had overpriced it.

The ROE over the past few years have been improving. While the share price did have an initial spike, it is currently around the 2020 peak share price level. . There seems to be a mismatch between performance and share price

https://i.postimg.cc/c1M3chpT/Taann.png

When you look at the long-term performance of TAANN as represented by the ROE, you can see that it did better than KLK – one of the reference Bursa plantation companies. This quick and dirty comparison points to TAANN being fundamentally sound.
https://www.youtube.com/watch?v=9KhboTCMdEg

Is the mismatch between the ROE and market price meant that there another round to make money from a fundamental investing perspective?

Posted by Amazonboy > 2023-12-24 18:03 | Report Abuse

Take dividend 1st...dont worri abt mismatch...Mr Market knows what 2 do & when 2 do...Lol