Actually those with plenty of cash can invest in this counter for higher returns than keeping your money in the bank. At this price level the yield is higher than 5% per annum and it is relatively safe counter full year dividend min 15 sen
Maybe another Special Dividend later as Taann follows Nsop, Kfima & Riverview all giving "SPECIAL DIVIDENDS" in the SuperBull of Palm Oil Increased Earnings now
Anyway my opinion on Ta Ann is, it's a safe stock to be with very good divvy yield. The only problem is, no big boys and mass fanfare to push up the price.
And since Cost of CPO production ranges from a low of Rm1,465(Thplant) to a high of Rm1800 per ton ALL PALM OIL COMPANIES Are now making more than 100% Profits
This is not a One Off but SUSTAINED PROFITS MONTH AFTER MONTH TILL END 2021 & GOING INTO YEARS 2022/2023 & Etc Etc...
This confirmed A New Trend in Strong Real & Incremental Earnings for All Palm Oil Companies notwithstanding the market still overlook its potential
Although FCPO is trading near the critical resistance, buying interest remained elevated, thanks to external boost from Soybean Oil. A stronger market structure was observed within a smaller timeframe, and we expect FCPO to test the upper resistance level ahead.
EPF buys and sells everyday on many counters. They play a different ball game from us.
Not a concern if they are selling a few days or weeks, the main concern is when they mass sell en bloc (re: serba) that is when we should start to panic.
Flip side, even when EPF was buying, you wont see any increase in price at all, if yes, only a little.
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....
tinojuan71
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Posted by tinojuan71 > 2021-07-06 14:38 | Report Abuse
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