Posted by casanwk > 2022-02-03 13:23 | Report Abuse

Price at key level
@Buy rate consistently low yet the price is creeping up

Posted by Johnzhang > 2022-02-03 13:27 | Report Abuse

It was deliberately manipulated down to $3.53 this morning. I managed to pick up small qty at $3.53.

Posted by Abba84 > 2022-02-03 20:15 | Report Abuse

I think bonus is out of question

Jus settle for dividend is good enough if, coming qtr is good.

Posted by Icon 888 > 2022-02-04 01:18 | Report Abuse

Show time

Posted by Icon 888 > 2022-02-04 01:27 | Report Abuse

Besar selamat

Posted by newbie5354_ > 2022-02-04 10:03 | Report Abuse

Logging ban good news? Teach me sifus.

Posted by DianaOo1 > 2022-02-04 11:52 | Report Abuse

sifus, should i sell now??!!

Posted by Johnzhang > 2022-02-04 11:59 | Report Abuse

A massive winter storm swept across the central and Northeast US on Thursday where it was delivering heavy snow and ice, making travel treacherous, if not impossible, knocking out power to thousands and closing schools in several states.

Who knows what kind of wild weather will be during the next edible oil crop season . If next edible oil crop harvest in the northern hemisphere is no good , CPO price will stay above $5,000 throughout 2022 until the next crop season in 2023.

Posted by casanwk > 2022-02-04 13:02 | Report Abuse

If price break below 357
Protect ur gain

@DianaOo1 sifus, should i sell now??!!

Posted by Johnzhang > 2022-02-04 13:08 | Report Abuse

CPO is so bullish. Taann is trading at PE of 5-6 x of 2021 earnings. Is it over- valued to warrant a sell ?

Posted by Pinky > 2022-02-04 13:27 | Report Abuse

Reiterate:

If really buying to hold for dividend and long term potential no problem.

But if buying for trading gain, take care. This counter looks manipulated to suppress the price to not go far beyond 3.60.

Posted by Johnzhang > 2022-02-04 13:36 | Report Abuse

The good Q4 results will be announced in Feb, and possibly a good final dividend to follow.

Posted by DianaOo1 > 2022-02-04 14:08 | Report Abuse

@casanwk,johnzhang,pinky great thanks!

Posted by ahbah > 2022-02-04 15:15 | Report Abuse

Why care about the manipulation ?

All are making esi moni now !!!

Posted by Johnzhang > 2022-02-04 15:45 | Report Abuse

The intentional roadblock is shifted from $3.64 to $3.68 today. Hahaha…..

Posted by Johnzhang > 2022-02-04 16:23 | Report Abuse

The roadblock at $3.68 is broken ! What’s the next block ?

Posted by ahbah > 2022-02-04 16:45 | Report Abuse

U need eyesight test ? U cant see far ?

Posted by DianaOo1 > 2022-02-04 17:01 | Report Abuse

I see far! Am standing on the giant's shoulder!! :)))

Posted by ahbah > 2022-02-04 17:20 | Report Abuse

U are great !

Mr John is also great player !

Posted by DianaOo1 > 2022-02-04 17:25 | Report Abuse

Yup I should thank Johnzhang, was guided by his comments

Posted by Johnzhang > 2022-02-05 08:41 | Report Abuse

Palm oils , which command about 40% share of global edible oil market , has recently achieved pricing on par and even higher than soyoil ! I think this has never happened before as I remember palm oil had always been traded at huge double digits % discount to soyoil , canola and sunflower oil.

What we see now has very positive long term impact on palm oil. Palm oil which has the biggest market share of edible oil should rightly command the pricing power like it is now .

Climate Change agenda and ESG compliance , which lead to NO new investment in oil palm cultivation since 3 years ago (and expect minimum expansion into the foreseeable future), coupled with increasing consumptions, higher usage in renewable fuel supported by high fossil fuels and strong Indonesia government mandate, palm oil prospect can only be brighter….

Amid wild weather caused by global warming, the competing edible oil crops will have great challenges to produce enough to fill any slack from palm oil .

Posted by Abba84 > 2022-02-05 13:56 | Report Abuse

I recalled 20-30years ago price was about rm300-600 per metric ton.when cpo pric.occasionly touched rm600-700 planters so happy .and were 'dancing'!

Posted by ahbah > 2022-02-05 14:11 | Report Abuse

When it comes to land use, the oil palm tree stands tall. This “golden crop” is the most efficient oil crop in the world. Sustainably grown in Malaysia, this stately tree feeds billions, brings prosperity to farmers and nurtures its environment. And it accomplishes this on just a tiny sliver of the world’s farmland. Now, that’s smart growth!

The world has four major oil seed crops: oil palm, soybean, sunflower and canola (rapeseed). Together, they use 3.55 percent of the world’s total agricultural land. Oil palm occupies the least land: just 0.23 percent of the world’s farmland. Sunflower uses 0.51 percent, rapeseed 0.67 percent and soybean, the most at 2.14 percent.

Despite using the least amount of land, oil palm provides the highest yield of oil. The bountiful fruit that grows on the oil palm tree produces 11 times more oil than soybean plants, ten times more than sunflower and seven times more than canola, per hectare per year. In other words, it takes more than ten times more land to produce the same amount of soybean oil as palm oil.

And unlike the other oil seed crops, palm oil is a perennial crop with a 25-year life cycle. Instead of having to plant and replant year after year, the tall, leafy oil palm trees produce generous supplies of fresh fruit bunches all year long. This conserves energy and reduces soil erosion. The trees also act as an effective carbon sink. When it comes to sustainable agriculture, Malaysian palm oil is simply the superior crop for its effective land utilization.

Posted by titan3322 > 2022-02-05 20:01 | Report Abuse

The upcoming qtr results should be a good one. If there is a dividend announcement then there would be further upside if not I think not many people want to collect at this price

Posted by ahbah > 2022-02-05 22:04 | Report Abuse

Ta Ann’s 9MFY21 core earnings surged 167% YoY to RM164m, bolstered by stronger plantation earnings and higher contribution from its associate companies.

The impressive results surpassed our and the street full-year expectations, making up 86% and 90%, respectively.

A higher DPS of 20sen was declared for the quarter, bringing the YTD DPS to 30sen. Commenting on the prosperity tax, management sees muted impact if it is charged at the subsidiary level.

In view of the stronger-than-expected results, we raise our FY21-23F earnings forecast by 9%-20% after imputing in higher FFB production and margin expansion as well as higher contributions from associate companies.

Maintain Outperform call with a higher SOP-based TP of RM4.41.

Source: PublicInvest Research - 23 Nov 2021

Posted by titan3322 > 2022-02-07 09:08 | Report Abuse

Berhati2 lor

Posted by casanwk > 2022-02-07 09:32 | Report Abuse

Sell odd lot @376

Posted by ahbah > 2022-02-07 09:35 | Report Abuse

Be gridi when others are fearful ! The no 1 law of investment by world

famous investor WB.

Posted by Johnzhang > 2022-02-07 09:42 | Report Abuse

TaAnn’s EPS 2021 is estimated 75 sen and PE is only 5x. Dividend Yield for FY 2021 is expected to exceed 10%. Forecast EPS 2022 is likely to be higher due to robust CPO price .
Unbelievable value in this stock.

Posted by Pinky > 2022-02-07 09:55 | Report Abuse

ok, this time it looks real

break 4.00 lai!!!

Posted by Johnzhang > 2022-02-07 10:31 | Report Abuse

TaAnn is roaring!

Posted by ahbah > 2022-02-07 10:34 | Report Abuse

Maintain Outperform call with a higher SOP-based TP of RM4.41.

Source: PublicInvest Research - 23 Nov 2021

RM4.41

Posted by Pinky > 2022-02-07 10:40 | Report Abuse

But 4.41 from now is only 16% upside wo

Hope dividend is also generous la

Posted by troy88 > 2022-02-07 10:59 | Report Abuse

Without doubt still the best plantation stock when the rest of the sector is quite pathetic

Posted by serbatipu > 2022-02-07 11:33 | Report Abuse

ini hari2 naik macam bonus trend mari ooh, hold tight tight

Posted by Johnzhang > 2022-02-07 13:23 | Report Abuse

The rally hasn’t started at all. In a rally , the stock will trade at 15-20 x PE.
TaAnn’s FY2021 EPS estimated 75 sen , thus giving current PE of 5.1x
FY2022 forecast EPS shall be higher , thus forward PE of < 5x.
If PE of 10x , share price should be $7.50
If PE of 15x, , share price should be $11.25.

Posted by titan3322 > 2022-02-07 14:40 | Report Abuse

Don't forget the manipulation by the IBs bcoz of their issuance of the call warrants they may want it up or down depending which suits them better there is no way it will hit RM7.50

Posted by ahbah > 2022-02-07 14:45 | Report Abuse

Rm11.25 ... a more reasonable TP for Taann.

Posted by ahbah > 2022-02-07 14:50 | Report Abuse

Always remember :

Be gridi when others are fearful.

Posted by casanwk > 2022-02-07 14:58 | Report Abuse

Doji & bearish candlestick (1hr)
Very very bearish

Posted by titan3322 > 2022-02-07 16:31 | Report Abuse

Plantations co which have no exposure in Indonesia are benefitting from the new Indonesian ruling but maybe a little overdone

Posted by casanwk > 2022-02-07 16:38 | Report Abuse

Time to topup
Cpo future drop is crawling up again
Gogogo

Posted by Pinky > 2022-02-07 16:47 | Report Abuse

https://klse.i3investor.com/blogs/investing_for_the_future/2022-02-06-story-h1598338788-Maybank_s_Feng_Shui_Guide_to_Prosperity_2022_Element_Sector_Winner_Pick.jsp

TAANN got both agriculture (palm oil) and wood (timber)

gogogo!!!

Posted by ahbah > 2022-02-07 16:58 | Report Abuse

Why care about those stupit candlestick when Taann is on a solid uptrend ?

Those stupit candlestick makes us missing out those profitable opportunity !!!

Posted by casanwk > 2022-02-07 17:04 | Report Abuse

For trader to re-enter mkt again or topup

Posted by titan3322 > 2022-02-08 09:36 | Report Abuse

Habis hari ni merah2 hehe

Posted by ahbah > 2022-02-08 09:37 | Report Abuse

Just a pit stop, after a few seconds the race shall continue again ?

Posted by titan3322 > 2022-02-08 09:37 | Report Abuse

Saya pun kena trap semalam beli 3.78

Posted by ahbah > 2022-02-08 09:38 | Report Abuse

I also kena trap a long time oredi !

Posted by titan3322 > 2022-02-08 09:39 | Report Abuse

At best it can go to 4.40 only lah as per Public invest IB