Posted by Pinky > 2020-12-01 14:57 | Report Abuse

No power at all.

Such is the trend nowadays, push before announce results, afterwards zzzzzz

Posted by LeftHand_of_God > 2020-12-01 19:22 | Report Abuse

they like to sell on news ~ so give it a few days ba ~ no bad also almost 4% dividend at current price

Posted by awesome20 > 2020-12-01 19:23 | Report Abuse

find good stocks

Posted by Invest_888 > 2020-12-02 09:30 | Report Abuse

Taann superb latest quarterly result benefits from both increasing price in CPO & Lumber. Both revenue and profit margin increase as well. The current quarter profit increases from previous quarter of 3.01cents to 9.71cents or equivalent to 222.61%.
Good news is we are entitled to get 10cent dividend on 29 December 2020.
Furthermore coming quarter CPO & Lumber price are higher than current one.

IBs Target price:
Public Bank RM3.68, MIDF RM3.83 & Kenanga RM3.45

Expect earning of 20%.

Posted by Invest_888 > 2020-12-02 09:53 | Report Abuse

Taann has a proven record in sharing profit with shareholders.

Posted by Minagrace > 2020-12-02 10:06 | Report Abuse

Taann is my fixed deposit stock. At least still have 3% yield now. Going up slow and steady. If want goreng fast can choose other counter.

Posted by Pinky > 2020-12-02 10:28 | Report Abuse

Yes, TAANN is a good stock to hold long term.

Posted by Minagrace > 2020-12-02 10:46 | Report Abuse

3Q20 net cash flow improved by 129m. Let’s pray there will be another round of dividend next reporting quarter.

Posted by Chua Zhi En > 2020-12-02 12:02 | Report Abuse

and bonus issue to goreng haha. Why I couldnt find ASP in Taann QR?

Posted by Minagrace > 2020-12-07 10:16 | Report Abuse

Going up slow and steady. No more resistance ahead. Nice

Posted by Plantermen > 2020-12-07 11:47 | Report Abuse

Pure upstream & refinery operations. No Indonesia exposure

Posted by Pinky > 2020-12-07 12:43 | Report Abuse

Yes back to my previous selling price 3.60++ soon!

Posted by JohnFarmer458 > 2020-12-07 20:43 | Report Abuse

https://www.theedgemarkets.com/article/indonesian-palm-oil-export-levy-positive-indonesian-downstream-players-malaysian-planters-

Indonesian palm oil export levy positive for country's downstream players, Malaysian planters —CGS-CIMB
Arjuna Chandran Shankar
/
theedgemarkets.com

December 07, 2020 12:42 pm +08


KUALA LUMPUR (Dec 7): The Indonesian government’s decision to revise its export levy structure will hurt upstream palm oil producers in the country, but will be a positive move for Indonesian downstream players and Malaysian planters, opined CGS-CIMB Research.

CGS-CIMB’s Ivy Ng and Nagulan Ravi noted that the new regime is positive for downstream palm oil players, like Wilmar International Ltd, as they will benefit from the wider differential in the export levy rate between processed palm oil and crude palm oil (CPO) if CPO prices rise above US$670 (about RM2,727.57) a tonne, which will boost processing margins as they will able to procure CPO at below international market prices.

In a note today, the analysts said Malaysian upstream palm oil producers — such as Hap Seng Plantations Holdings Bhd and Ta Ann Holdings Bhd — are also expected to benefit from the revision as it will make Malaysian palm oil more competitive and boost Malaysian palm oil prices if the export levy is passed on to consumers.

For integrated palm oil producers in Indonesia, estate earnings are likely to be negatively impacted by the higher export levy structure but less so than upstream producers as this could partially be offset by higher downstream earnings.

“The export levy change will not significantly impact our earnings forecasts as we have assumed a CPO price of RM2,500/tonne (or US$610/tonne) for 2021. We retain our 'neutral' rating,” the analysts said.

They added that upstream planters in Indonesia — with Malaysian companies such as Genting Plantations Bhd and IJM Plantations Bhd — will not be able to enjoy the usual bump in earnings if CPO prices rise beyond US$670 a tonne as most earnings will go to the higher export levy and export tax on the assumption that they are not able to pass this on to consumers.

“To put things into perspective, with the new structure in place, the export levy for CPO will be US$180/tonne, while export tax has been fixed at US$33/tonne for Dec 20. This means CPO in Indonesia is priced at a discount of as much as US$213/tonne (RM864/tonne) to that in Malaysia (which currently enjoys zero export tax on CPO),” they said.

Conversely, they noted that the regime change will ensure the continuity of the B30 biodiesel programme as well as cushioning any downside to CPO prices in the event of a palm oil supply glut.

Earlier this month, the Indonesian government revised the export levy structure for palm oil exports, effective on Dec 10, 2020 (Thursday). Under the new structure, the levy will be linked to the reference price of CPO.

As such, the export levy will be raised by US$12.50 to US$15 per tonne for every US$25 per tonne increase in the CPO reference price beyond US$670 a tonne and up to US$995 a tonne. Previously, the export levy was fixed at US$25 to US$55 a tonne for CPO and processed palm products regardless of CPO prices.

The changes are to help rebuild the country’s CPO Fund, which is nearly empty as a result of the widening price gap between domestic biodiesel and gas oil, CSG-CIMB pointed out.

Ng and Nagulan view that if the country can export 34 million tonnes of palm oil and related products in 2021 under the revised export levy structure, the funds collected will be able to fund its B30 biodiesel programme.

Posted by CSOON 77 > 2020-12-07 20:43 | Report Abuse

What the target price for TAANN b4 ex-date dividend payout?

Posted by JohnFarmer458 > 2020-12-07 20:47 | Report Abuse

CSOON 77 What the target price for TAANN b4 ex-date dividend payout?
07/12/2020 8:43 PM

My TP is RM5.60

Posted by awesome20 > 2020-12-07 20:48 | Report Abuse

sarawak?

Posted by CSOON 77 > 2020-12-07 22:47 | Report Abuse

WOW , Dream will come true if CPO price hit RM 4000 .let HUAT

Posted by Gooner82 > 2020-12-07 23:07 | Report Abuse

Rm 4.50 my tp hehe

Posted by Plantermen > 2020-12-08 08:39 | Report Abuse

Indonesia using money from the estates to fund the B30 program. This is to save the country foreign exchange currency.

Posted by gemfinder > 2020-12-08 14:18 | Report Abuse

buy in

Posted by FundaStronk > 2020-12-11 08:46 | Report Abuse

woah inventory all time low, FCPO price high no one buy this? u guys serious lol

Posted by Plantermen > 2020-12-11 08:56 | Report Abuse

Taann the forgotten one

Posted by Pinky > 2020-12-11 10:23 | Report Abuse

@FundaStronk who say no one buying? I've been holding since March, average cost 2.47 :D

Posted by Plantermen > 2020-12-14 09:05 | Report Abuse

Asian bourses opens positive { lifted by vaccine news}

Posted by Pinky > 2020-12-15 13:24 | Report Abuse

Topped up, TAANN is now biggest holding of my portfolio.

Personal TP 3.70

Posted by Jonathan Keung > 2020-12-16 08:31 | Report Abuse

Time to wake up Taann

Posted by Pinky > 2020-12-16 09:25 | Report Abuse

Yeah it should go back to above 3.60++!

Posted by FundaStronk > 2020-12-16 11:47 | Report Abuse

https://www.reuters.com/article/india-palmoil-imports/indias-palm-oil-imports-set-to-jump-as-tax-cut-lures-refiners-idINKBN2870LL

good year coming

Posted by Mabel > 2020-12-16 13:35 | Report Abuse

Palm oil has a 5 year cycle of long term trends of bull and bears .

2009-2014 uptrend bull run
2014-2019 bears
2020- 2025 uptrend super bull run starts.

Farewell Mr Bear, the Bull is taking over…

Meow Meow Meow

Posted by Mabel > 2020-12-16 13:42 | Report Abuse

Pekebun sawit sedang menari

Harga sawit naik lagi

Harga RM 3700 mencecah kembali

RM 4000 confirm tak lama lagi

Meow Meow Meow

Posted by gemfinder > 2020-12-16 13:43 | Report Abuse

I believe palm oil counters wil go up sharply one fine day

Posted by Pinky > 2020-12-16 13:55 | Report Abuse

@Mabel long time no see

Yeah I profited a lot from Ta Ann during last cycle

And luckily I sold out just before that bear

Posted by Plantermen > 2020-12-18 10:33 | Report Abuse

Small holders now reaping profit for thier fruit bunches. 2020 very very good year for planters

Posted by Mat Cendana > 2020-12-23 18:51 | Report Abuse

Investing (not "trading") for the medium term covering 2021 should also have a plantation counter or two in one's portfolio. Just like having a glove maker too. TAANN is my first plantation buy due to it paying regular-enough dividends. Will decide whether to add more, or have another plantation counter as backup, after the long weekend.

Posted by Pinky > 2020-12-23 19:07 | Report Abuse

Mat Cendana

How about United Plantations Berhad? It used to be a "blue chip" plantation counter, paying good dividends. Nowadays like no analyst covering it

Posted by alibiii > 2020-12-24 13:20 | Report Abuse

Cpo already 3800 taann still not moving

Posted by CSOON 77 > 2020-12-24 13:21 | Report Abuse

EPF punya pasal ?

Posted by alibiii > 2020-12-24 13:22 | Report Abuse

Last time cpo hit this price was 10 years ago

Posted by Mat Cendana > 2020-12-24 13:24 | Report Abuse

I like United Plantations too. Based on its past results it looks very well managed. Still managed to be profitable despite the xMCO interruptions from March. Regular dividends too.

The only problem is it has less liquidity i.e. low volume. Buyers and sellers aren't rushing for anything. But since it's a counter to be held on a longer term, this isn't too big of an issue. It's definitely on my list too.

Posted by alibiii > 2020-12-24 13:30 | Report Abuse

Expected next quarter eps exceed 15sen as cpo price maintained above 3300 during Oct to dec period

Posted by Pinky > 2020-12-24 15:52 | Report Abuse

Ya UTDPLT low liquidity and price TOO stable

RM14+ a share, too heavy

Posted by Pinky > 2020-12-24 18:44 | Report Abuse

https://www.theborneopost.com/2020/12/23/ta-ann-to-record-good-earnings-recovery-from-stronger-cpo/

Super bullish outlook!

Posted by Tang Khangseng > 2020-12-27 15:15 | Report Abuse

CPO prices keep on increasing but its Q3 cumulative 2 months CPO volume for TAAN is dropping ~15% (vs July, Aug'20)...

Posted by Red_Apollo > 2020-12-28 03:50 | Report Abuse

EPF selling retailers can buy?

Posted by Pinky > 2020-12-28 08:33 | Report Abuse

Why not? EPF may not be always right, and their strategy is different to ours.

Posted by bearcomebullgone > 2020-12-28 11:40 | Report Abuse

hmmmmm beli la ni... fat dividend sape x nk???

klu epf tk jual mana dtg duit isinar? hahahaha

tq taann fat dividend.. nanti lepas ex date aku buang ye

Posted by jun1920 > 2020-12-28 13:52 | Report Abuse

lps ex date pun akan naik lg...cpo harga kekal tinggi, nex qr lg steady

Posted by titan3322 > 2020-12-28 17:18 | Report Abuse

Good stock to invest under current environment just hold it 30% upside is not a problem despite EPF selling don't follow epf do they earn money on gloves hehe

Posted by Chua Zhi En > 2020-12-29 12:05 | Report Abuse

what's the purpose to throw the share after collect dividend? you got a lot of chance sell above 3.10 the other day.haha

Posted by jun1920 > 2020-12-29 16:42 | Report Abuse

many newbies don't know dividend will adjust share price haha