Posted by Johnzhang > 2022-01-04 15:39 | Report Abuse

KUALA LUMPUR (Jan 4): There could be a big shift from growth to value stock investing across ASEAN markets which include Malaysia in the second half of 2022 "if the world goes back to normalcy" as the global economy recovers from the impact of Covid-19 pandemic-driven movement restrictions, according to Maybank Kim Eng head of regional equity research Anand Pathmakanthan.

"If there's a switch back to value, [Malaysia's FBM] KLCI should do pretty well as they have all the stable and cyclical stocks with decent [dividend] yields," Anand said on Tuesday (Jan 4, 2022) at a market outlook webinar organised by Maybank Investment Bank Bhd.

In equities investment terminology, growth investing is a strategy in which investors buy shares of companies which are expected to achieve higher growth versus the broader market.

Meanwhile, value investing involves buying equities which are transacted at a discount to their intrinsic worth.

Posted by Johnzhang > 2022-01-04 15:49 | Report Abuse

TAANN and many other plantations stocks are presently trading at ridiculously low PE, high DY , high intrinsic value , may see their share price stage a great turnaround this year .
Afterall, investors are not naive to forever ignore high earnings and high dividend yielding stock .

Posted by casanwk > 2022-01-04 16:01 | Report Abuse

Mkt is super bullish on counter
Slowly and steady up
Zero pullback
Up 12 sen..

Posted by kevcha66 > 2022-01-04 16:22 | Report Abuse

slowly up again

Posted by Johnzhang > 2022-01-04 17:30 | Report Abuse

Likely another bumper year for plantations.

Posted by ahbah > 2022-01-04 17:32 | Report Abuse

Agreed.

Posted by titan3322 > 2022-01-04 17:48 | Report Abuse

The most effecient planter IOI today dropped 9 sen (2.3%) by right Taan should command a price of at least 4.50 based on its earnings potential but is still nowhere near there needless to say no big funds are buying right now

Posted by titan3322 > 2022-01-04 17:57 | Report Abuse

KLK is another fantastic stock and a low cost producer but also not moving despite an 80 sen dividend pending !

Posted by Johnzhang > 2022-01-04 18:00 | Report Abuse

Climate change and extreme weather is going to limit agriculture production globally. Edible oil crop prices will stay elevated for years and benefit oil palm plantations. Will investors continue to ignore high earnings and high DY sector ?

Posted by Johnzhang > 2022-01-05 06:25 | Report Abuse

CPO avg Q4 21 is $5,154 which is 17% higher than last Q..
TAANN's Jan-Sept 21 EPS is 49.6 sen
Est EPS Q4 21 is 25.5 sen
FY21 EPS shall be 75.1 sen.
Share price @ 4/1/22 $3.40
PE is( 340/75.1) = 4,5X
% return on share price is (75.1/340 )=22%
If dividend payout is 60%, DY is 13.2%

Posted by chshzhd > 2022-01-05 10:21 | Report Abuse

good

Posted by titan3322 > 2022-01-05 11:40 | Report Abuse

Johnzhang I hope you are right but looking at the big picture only Taan has some decent gain the rest of the plantation counters almost all in sick bed that also we may not know if this level will hold for Taan

Posted by chshzhd > 2022-01-05 12:46 | Report Abuse

no worry .. hold ..

Posted by Johnzhang > 2022-01-05 13:23 | Report Abuse

@titan332,
The only variable in my calculation is the Estimated EPS Q4 2021 which I stated 25.5 sen. I am convinced that it is realistic. Pls share your calculation if you think it is unrealistic.

It is also not true that except TAANN all other plantation counters are in " sick bed".

Gain in 1 month (ie 6/12/21 to 5/1/22) for the other plantation counters are as below : (price 6/12/21 , price 5/1/22, % Gain)

1. Taann $3.32, $3.63, 9.3%
2. KMLoong $1.51, $1.71, 13.2%
3. Cepat $0.65, $0.71 9.2%
4. MHC $0.88, $0.96 9.1%
5. Bplant $0.68, $0.73 7.3%
6. SOP $3.50 $3.75 7.1%
7. THPlnt $0.60 $0.64 6.7%
8. Swkpltn $2.40 $2.53 5.4%

Dividend that went ex during the period are added to the price 5/1/22 to give true picture eg Taann, Bplant, SOP, Swkpltn.

I must say that the Malaysian market is quite sicK, as sick as the govt!

Posted by calvintaneng > 2022-01-05 14:12 |

Post removed.Why?

Posted by pvd_investor > 2022-01-05 22:53 | Report Abuse

One of the best stocks which I am holding !!

Posted by titan3322 > 2022-01-05 23:00 | Report Abuse

As much as I would like Taan to hit the roof as this is the only plantations stock I have now the reality is it won't cross the 3.80 mark in the near term but higher chances for it to fall below 3.20 in the coming weeks

Posted by calvintaneng > 2022-01-05 23:20 |

Post removed.Why?

Posted by Johnzhang > 2022-01-06 06:27 | Report Abuse

KUALA LUMPUR (Jan 5): Crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives climbed higher at Wednesday’s closing on concerns over weak output.

Palm oil trader David Ng said the low stock level continued to lift sentiment higher coupled with news report that the government will implement the biodiesel programme by the end of the year, which is positive for CPO prices.

“Given that the first quarter is typically the low production season for palm oil, Malaysia is currently experiencing heavier-than-usual rainfall in some of the oil palm regions and the current labour shortage issue remains unresolved,” it said.

The benchmark palm oil contract — March 2022 rallied above RM5,000 a tonne to RM5,036 a tonne, up RM122.

Meanwhile, CPO futures contract for January 2022 gained RM178 to RM5,437 a tonne, February 2022 rose RM184 to RM5,288 a tonne, April 2022 went up RM126 to RM4,836 a tonne, May 2022 gained RM123 to RM4,677 a tonne and June 2022 climbed RM123 to RM4,550 a tonne.

The physical CPO price for January South went up RM120 to RM5,450 a tonne from RM5,330 a tonne on Monday.

Posted by Johnzhang > 2022-01-06 06:36 | Report Abuse

@Titan3322, With very strong company’s fundamentals and very robust edible oil market, I won’t want to bet Taann share price to go reverse gear to $3.2O or below $3.10 as you recently anticipated .
Sharp price correction can still happen if sharp drop of Down Jone cause the panic . When that happens, no stock is safe .

Posted by calvintaneng > 2022-01-06 07:27 |

Post removed.Why?

Posted by casanwk > 2022-01-06 08:26 | Report Abuse

Real Estate bubble mkt crash 2009, price drop from rm12 to rm2

Posted by Johnzhang > 2022-01-06 08:46 | Report Abuse

In all past financial or economic crisis Asian Financial crisis, 911, Lehman collapse, all stocks including CPO/plantation stocks itumbled as knee jerk reaction . But CPO/plantation stocks staged the quickest and strong recovery. Bear in mind , good time or bad time , the demand for edible oil remain strong .

Posted by casanwk > 2022-01-06 08:50 | Report Abuse

It takes 3 years to recover
Only at rm7 high..

Posted by densim > 2022-01-06 09:10 | Report Abuse

when is the price to be ex dividend of RMo.20.

Posted by casanwk > 2022-01-06 09:13 | Report Abuse

Pricing is taken from brokerage chart

Posted by titan3322 > 2022-01-06 09:27 | Report Abuse

Johnzhang and calvintaneng both of you are not wrong about the future of palm oil prices but the same logic did not reflect on the price of big cap plant stocks like IOI and Sime plant tats why I only keep Taan but still the downwards bias is more than than the upwards at this level

Posted by Johnzhang > 2022-01-06 09:41 | Report Abuse

Lehman collapse on 15/9/2008 triggering subprime meltdown.

Taann's share price (adjusted for right/bonus issue effect) before and after Lehman's collapse :

on 12/9/2008 (pre-lehman collapse) $ 2.68
on 27/2/2009 (5 months after Lehman) $1.08 (hit the lowest point)
on 31/7/2009 (10 months after lehman) $2.31
on 2/4/2010 (19 months after lehman) $2.94
on 8/4/2011 (31 months after lehman) $4.56

Taann's share price took just about a year to recover to pre Lehman, thereafter it surge 4 times from the low point in tandem with CPO price.

CPO price before and after Lehman's collapse :
on 12/9/2008 (pre-lehman) $2,336
on 28/10/2008 (1 mth after Lehman) $1,410 (hit the Lowest point)
Avg Nov 2008 $1,540
Avg Dec 2008 $1,550
Ang Jan 2009 $1,850
Avg Feb 2009 $1,840
Ang Mar 2009 $2,020
Ang Apr 2009 $2,454

CPO took only about 7 months to recover after lehman. Thereafter, CPO surged to 3,742 in Dec 2010, $3,930 in Feb 2011.

Don't say things that you are not sure.
--------------------------------------------------------------


Posted by casanwk > Jan 6, 2022 8:50 AM | Report Abuse

It takes 3 years to recover
Only at rm7 high..

Posted by Pinky > 2022-01-06 09:54 | Report Abuse

Stock price can only go up if there is sufficient institutional investors pushing it up.

ESG is always a cloud shadowing plantation stocks.

Anyway to us retail investors, esp those in for dividends, TA ANN is a good proposition, just that I won't bank on much capital (price) upside due to the 1st reason I pointed out above.

Posted by stockraider > 2022-01-06 10:07 | Report Abuse

Sure go up mah!

Fundamental good mah!

Posted by casanwk > 2022-01-06 10:12 | Report Abuse

Again d pricing rm12 & rm7 is purely based on brokerage chart.. if reading taken from other sources,tradingview is different based on shares split

Posted by Mabel > 2022-01-06 10:13 | Report Abuse

PUTRAJAYA (Jan 5): The palm oil industry, being the fourth largest contributor to the Malaysian economy, is expected to maintain its 2021 performance in 2022, backed by various marketing and promotional efforts to be conducted by the Ministry of Plantation Industries and Commodities and its agencies.

As of November 2021, total exports of Malaysian palm oil and its derivatives stood at 22.14 million tonnes and due to high palm oil prices, total revenue increased by 40% to RM91.4 billion as compared to 2020. This morning Mabel's collection of BioFuel Plantation continue to rise..

Haha our Ang Pow is cumming...

To Our Success !

Meow Meow Meow

Posted by stockraider > 2022-01-06 10:58 | Report Abuse

U see why plantation is the best safe value investment leh ?!

Why leh ??

1. It is traded at attractive price with big discount & margin of safety mah!

2. Plantation land are good hedge of inflation loh!

3. Plantation generate good steady cash flow & earned big forex for the country mah!

4. Plantation give food to the people, thus is a very essential economic sector loh!

5. Plantation are not affected by the risk of very fast technology changes that will make the industry obsolete and disrupt the prospect...This plantaion industry & predictable mah!

6. If u believe long term sustainable cash generating business go for plantation loh!

Posted by ahbah > 2022-01-06 10:59 | Report Abuse

Plantation stocks ... the road from rags to riches ???

Posted by casanwk > 2022-01-06 11:23 | Report Abuse

Did smart $ find resistance at 350?

Posted by ahbah > 2022-01-06 11:28 | Report Abuse

No such thing as 350 was oredi broken twice before.

Posted by titan3322 > 2022-01-06 11:46 | Report Abuse

Hlo kawan today low is 2.40 now seller at 3.43 lah bro IOI is in the red !

Posted by ahbah > 2022-01-06 11:47 | Report Abuse

Be gridi when others are fearful !

Posted by stockraider > 2022-01-06 11:49 | Report Abuse

Yes be greedy now..your reward be greedy loh!

This is the principle of contraian investment mah!


Posted by ahbah > Jan 6, 2022 11:47 AM | Report Abuse

Be gridi when others are fearful !

Posted by ahbah > 2022-01-06 11:51 | Report Abuse

Remain Overweight on the sector.

We remain sanguine on the earnings prospect of plantation’s companies as we believe earnings will inevitably remain exciting as CPO price stays elevated above RM4,000/MT in the short-to-medium term. The higher price will amplify the revenue and earnings growth momentum up to 1Q22 or possibly for the rest of 1H22. Nevertheless, we are cautious that high operational costs and suppressed profit margin on lower-than-expected production due to weaker yield and labour productivity on labour shortage issue would continue to be main risks to listed planters’ earnings.

Maintain Overweight on plantation sector with BUY call on HAPL (RM2.36), SOP (RM4.75), TSH (TP: RM1.30), IOI (RM4.80), KLK (RM24.40), SIME Darby Plants (TP: RM5.00) and GENP (TP: RM9.00), Sarawak Plant (RM2.88), whilst HOLD recommendation on and FGV (TP: RM1.43); and non-rated for TH Plant.

Source: BIMB Securities Research - 20 Dec 2021

IOI (RM4.80)

IOI (RM4.80)

IOI (RM4.80)

Posted by Johnzhang > 2022-01-06 11:56 | Report Abuse

It is only correct to compare prices that have adjusted for previous rights or bonus issue 。
No two way about it .

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Posted Posted by casanwk > Jan 6, 2022 10:12 AM | Report Abuse

Again d pricing rm12 & rm7 is purely based on brokerage chart.. if reading taken from other sources,tradingview is different based on shares split by casanwk > Jan 6, 2022 10:12 AM | Report Abuse

Again d pricing rm12 & rm7 is purely based on brokerage chart.. if reading taken from other sources,tradingview is different based on shares split

Posted by stockraider > 2022-01-06 11:58 | Report Abuse

Pls adjust for Bonus & RI and splits and see whether any chance can exceed Rm 12 loh!?

Posted by Johnzhang > Jan 6, 2022 11:56 AM | Report Abuse

It is only correct to compare prices that have adjusted for previous rights or bonus issue 。
No two way about it .

—————————————————-
Posted Posted by casanwk > Jan 6, 2022 10:12 AM | Report Abuse

Again d pricing rm12 & rm7 is purely based on brokerage chart.. if reading taken from other sources,tradingview is different based on shares split by casanwk > Jan 6, 2022 10:12 AM | Report Abuse

Again d pricing rm12 & rm7 is purely based on brokerage chart.. if reading taken from other sources,tradingview is different based on shares split

Posted by Johnzhang > 2022-01-06 12:01 | Report Abuse

As investor, I won’t bother day to day or week to week price movements. It’s to much anxiety to do so . If you are in trading strategy, you may be concerned. So, that is the difference.


Posted by titan3322 > Jan 6, 2022 11:46 AM | Report Abuse

Hlo kawan today low is 2.40 now seller at 3.43 lah bro IOI is in the red !

Posted by titan3322 > 2022-01-06 12:03 | Report Abuse

Haha ahbah IOI is now selling at 3.80 if TP is 4.80 surely people will sapu lah hehe

Posted by ahbah > 2022-01-06 12:13 | Report Abuse

Mani players want to sapu chip chip from the fearful ones lah !

Posted by calvintaneng > 2022-01-06 13:53 |

Post removed.Why?

Posted by stockraider > 2022-01-06 14:16 | Report Abuse

Yes can expect another 10 to 20 sen div coming mah!

High chance 20 sen loh!

Posted by calvintaneng > 2022-01-06 16:06 | Report Abuse

Opportunity to buy Taann on weakness

Posted by titan3322 > 2022-01-06 16:30 | Report Abuse

There is some truth what calvintaneng says but without muscles men things would not move

Posted by calvintaneng > 2022-01-07 08:18 | Report Abuse

Happy morning

People are re-active and not pro-active

90% of the market reacts to good news after results are out and media gives glowing reports

So they will only chase a stock when things are clearly visible but overpay for popular consensus in euphoria.

The 10% of savvy investors are pro-active.
They already done all the home-work and know ahead of time good results are to be expected

So they started buying while cheap when the other 90% are still oblivious and have no clue.

Arm-chair stock analysts, those who depend on news report of media or even tips from friends are usually too late when good news suddenly out and catch them by surprise
,