to pinky , your jtiasa , is also not bad , i spend sometimes study the reports, find it attractive, and interesting, though the trees are young, need time to see it matured and be productive, timing is the factor.
The Board of Directors of Ta Ann Holdings Berhad is pleased to announce that the Group's production figures for the month of JULY 2016 were as follows:-
i don't predict, see the market react to result first, clear than decide. I guess result good, price down, result bad price down more. Listen to market not being arrogant and over confident.
QR within my expectation for Profit BT...~40 mil Timber business i expected 10 mil profit BT, actual is 21 mil profit BT Palm oil business i expected 30 mil profit BT, actual is 18 mil profit BT. Timber performed much better than i expected but palm oil profit below my expectation.
to probability, palm oil monthly production pattern is not constant, usually first half year small, and second half are much higher.pricing pattern also see second half much higher then first half, due to yearly festive demand in consumers countries.Last year wide swing in currency , especially in ringgit value, must also be taken as important factor for consideration.
Palm oil export for Aug raise by 27 percent compare to July. Average Aug CPO price is around RM 2657. Expected Palm oil stock should be doing well in current counter. Higher price with higher output. RM to USD weaken 4.085 and some export counters in spot light active trading today.
your reason is wrong, today all export counters are rebounding, not plantation stock. TAAN is half export counter, one day rebound is an out-layer. How nice I can keep my cash in my pocket. see you at 330. if not I can still keep my cash, nothing to loose. Is time to start selling my export counters ha ha ha keep the cash and wait wait wait for nice bikini appear again.
Sarawak plantation is less affected by El Nino than Sabah and Peninsular Malaysia.. they still enjoy similar or better output with higher CPO price... You should check the last Q palm oil business for Sarawak plantation counters, most of them are out perform others... For the rest of 2nd half 2016, i foresee sarawak plantation business will perform better too..
Taann 60 percent process CPO from own plantation and 40 percent process CPO from third party FFB.
60 percent CPO revenue affected by own plantation CPO volume + CPO price. 40 percent CPO processing affected by production volume and FFB processing margin. 2nd Half FFB production is higher than 1st half. Therefore Taann Palm oil business is performed better in second half seasonally..
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....
enning22
2,947 posts
Posted by enning22 > 2016-08-24 09:54 | Report Abuse
to pinky , your jtiasa , is also not bad , i spend sometimes study the reports, find it attractive, and interesting, though the trees are young, need time to see it matured and be productive, timing is the factor.