If the market assess Taann by using PE ratio then everybody will be huat here...haha, our gov only goreng index counter...I am waiting for another chance to enter this counter...however, I think it is a good counter in mid and long term
enning22 taann monthly CPO production is roughly 11,000/19000 tonnes X 2700 rm=29,700,000 x 12 (months)=356,400,000 rm Plus = log ,plywood sectors earning and profit, then less general expenses, wages,salaries ,transports,taxes ,etc , still a very very handsome net profit, atleast 20% more then previous year 27/03/2016 21:44
TaAnn is a favorite counter whereby EPF holds a big portion of shares in it. I belief any retracement will be a good opportunity to buy. I am lucky to have bought it at RM 4.48 in early March and am holding it till current price.
there are still many people out there still think,by second half of the year, weather would normalize and production would pick up, and the CPO selling price will slide, like it happened in the past years.So investors dared not hold for long term in their portfolio.Let me point out .Thia could not happen, due to a change of scenario, as Indonesia government has implemented B20 mandatary biodiesel program from the beginning of this year2016,any excess increases in production would be channeled to B20 program,which currently already is experiencing a short-fall,or inadquately supply of CPO. 30/03/2016 08:15
Board Of Director of this company keep buying and accumulating their shares slowly..
We the ikan bilis may not have the inside information bout how the coming financial report would be, but we have their monthly production report as a good indicator bout the outcome of the coming financial report. From bursa malaysia announcement , this r the finding bout TA ANN monthly production :
Feb 2016 monthly production vs Feb 2015 monthly production
Log 33540.0 v 26018 cubic metres Fresh Fruit Bunches 34374.0 vs 32224 metric tonnes Crude Palm Oil 10045.0 vs 7722 metric tonnes Palm Kernel 2044.0 vs 1533 metric tonnes
Jan 2016 monthly production vs Jan 2015
Log 30201 vs 16180 Fresh Fruit Bunches 44545 vs 37120 Crude Palm Oil 11175 vs 8510 Palm Kernel 2304 vs 1643
besides,this company is cash rich with good positif cash flow
any one know how log is priced, if you find out the log price, then can calculate the income from log. CPO is rather easier , just multiply with price derived from Futures market, expenses can take from last year annual report , there more or less can get roughly the estimate.
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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....
Sapphire
1,765 posts
Posted by Sapphire > 2016-03-16 21:18 | Report Abuse
5:1 bonus issue + dividend 10 cts..??hehe