Posted by Pinky > 2022-02-14 13:41 | Report Abuse

love wuhan covid better than love US democrats punya BLM, LGBTQ+, ESG and all those bull feces

Posted by Abba84 > 2022-02-14 17:51 | Report Abuse

Klk; the only plantation that went up.

Posted by ahbah > 2022-02-14 17:54 | Report Abuse

IOI ... also up today lah.

Posted by ahbah > 2022-02-14 17:58 | Report Abuse

Plantation Index .... today up 0.98 %. The Index with the largest % rise today !

Posted by Abba84 > 2022-02-14 18:46 | Report Abuse

Ya .Ioi ,12 cts.up

Posted by supersinginvestor > 2022-02-14 19:13 | Report Abuse

Klk up more n most lorr

Posted by supersinginvestor > 2022-02-14 19:13 | Report Abuse

Klk the king of plantations...

Posted by titan3322 > 2022-02-14 20:02 | Report Abuse

It is obvious that big funds are now buying into big cap plantation stocks as ahbah says young bull mah.Yes KLK output is still on the rise while most are on the decline

Posted by troy88 > 2022-02-15 09:32 | Report Abuse

OTW to RM5

Posted by casanwk > 2022-02-15 09:32 | Report Abuse

Next resistance
1. 425
2.440

Posted by Pinky > 2022-02-15 09:44 | Report Abuse

sudah jual habis ka? hahaha

Posted by Johnzhang > 2022-02-15 09:50 | Report Abuse

If US market is holding steady and not dampening Bursa’s market sentiment, this stock can easily cross $5 by the time final QR is out before end of this month.

Posted by casanwk > 2022-02-15 09:50 | Report Abuse

Will smart $ let price go through 425?

Posted by ahbah > 2022-02-15 09:51 | Report Abuse

Glove stocks ... AGED bull

Tech. stocks ... MATURED bull

Plantation stocks ... INFANT N GROWING BIG bull$$$

Please choose which bull U want to ride n make moni ?

Posted by casanwk > 2022-02-15 09:52 | Report Abuse

Most probably they allow.....
Due to india cutting on cpo levy?

Posted by ahbah > 2022-02-15 09:53 | Report Abuse

Plantation Index got the HIGHEST RISE now among all the indice.

U can wallop any plantation stk U like n please.

Posted by titan3322 > 2022-02-15 12:04 | Report Abuse

Semalam closing 4.10 big block selling today highest 4.29 hehe saya punya 4.26 pun kena

Posted by casanwk > 2022-02-15 12:40 | Report Abuse

Profit taking 429
For Conservative trader

Posted by Johnzhang > 2022-02-15 13:09 | Report Abuse

This share based on 10x PE (on 2021 EPS ) worth about $7.50.

Posted by titan3322 > 2022-02-15 14:42 | Report Abuse

RM 6.00 pun xsampai wor

Posted by titan3322 > 2022-02-15 14:44 | Report Abuse

Ramai mau jual 4.20 wor

Posted by titan3322 > 2022-02-15 15:07 | Report Abuse

KLK and IOI institutions buying Taan retail buying plus some manipulators wor

Posted by Johnzhang > 2022-02-15 15:23 | Report Abuse

Hahaha.. sell at $4.0 and $4.10 will regret loh ..

Posted by titan3322 > 2022-02-15 15:48 | Report Abuse

First in first out no regret made money no regret lose money only regret lagi banyak ada when cheap donwan sapu now only chase ka

Posted by titan3322 > 2022-02-15 15:51 | Report Abuse

4.21 banyak seller if confident got 7.50 can sapu all !

Posted by titan3322 > 2022-02-15 16:16 | Report Abuse

Top gloves boss also said the same thing hehe Taan is not the only plantations stock that have single digit PE going forward. I like it for its generous div but when the price is high enough to sell we can sell some hehe

Posted by casanwk > 2022-02-15 16:39 | Report Abuse

Topup 424

Posted by titan3322 > 2022-02-15 16:45 | Report Abuse

I q some more at 4.30 hehe

Posted by gladiator > 2022-02-15 22:48 | Report Abuse

Foreign funds obviously scoop up all the plantations shares while local institution and some local retailer took profit run first.

Posted by Johnzhang > 2022-02-16 07:06 | Report Abuse

JP Morgan 'overweight' on plantations, sees 2-year upcycle
TheEdge Tue, Feb 15, 2022
KUALA LUMPUR (Feb 15): ASEAN plantation stocks may be back in vogue, says JP Morgan, noting that foreign investors who are less tied up with sustainability metrics are unable to ignore the strong crude palm oil (CPO) price rally.

The bank upgraded its call on the ASEAN plantation sector to “overweight” and also upgraded its CPO price assumption on Tuesday (Feb 15), citing supply concerns amid years of reduction in new planting.

In a note, JP Morgan Malaysia equities research head Jeffrey Ng said rotation into inflation proxies (commodities) might persist amid “rising interest from non-ESG-bound foreign funds” and low domestic institutional holdings, coupled by prospects of US rate hikes.

This is on the back of consistent cuts in Indonesia’s new planting since 2012, as well as Malaysia’s replanting efforts, which could mean that near-term supply growth will decelerate.

“As we think the CPO upcycle might last over two years due to the reasons mentioned above, we think planters’ valuations have hit an inflection point,” Ng said.

“The sustainability of this rotation hinges on market perception of the CPO price outlook,” he added.

CPO prices settled at a fresh record of RM5,657 per tonne on Tuesday, having scaled new highs this week on expectations of improved demand following India’s import tax cut. The commodity has risen by over 20% this year.

Ng forecasts CPO price to be at around RM5,000 in 2022 and 2023. The assumption is below spot, taking into consideration revenue taxes.

Ng upgraded to “overweight” calls for Sime Darby Plantation Bhd (target price: RM6.80), Kuala Lumpur Kepong Bhd (TP: RM30), and Genting Plantations Bhd (TP: RM12). He also raised IOI Corp Bhd to “neutral” (TP: RM4).

For valuation, the analyst switched to sum-of-parts of lands and downstream assets, from price-to-earnings ratio (PER), citing “the disconnect between share prices and the CPO price”.

“Planters are trading at single-digit PER, free cash flow yields are rising, the average dividend yield is circa 4%, and 2022 might see circa 35% profit growth,” said Ng.

“A rising tide may lift all boats, but we advise investors to pick planters that have well-defined ESG frameworks to avoid negative publicity risk,” he added.

Posted by Pinky > 2022-02-16 08:45 | Report Abuse

ESG? What is that? Really sei gwai lou hahahahaha

Posted by Pinky > 2022-02-16 08:46 | Report Abuse

ESG when it's convenient to them or suits their agenda

When the money is so good it's hard to ignore, they forget it

Posted by casanwk > 2022-02-16 09:58 | Report Abuse

Gogogo 440

Posted by titan3322 > 2022-02-16 10:13 | Report Abuse

Sime fell the most today at least IOI is doing ok

Posted by titan3322 > 2022-02-16 11:25 | Report Abuse

Where got 7.50 where got 6.00 where got 5.00 ?

Posted by casanwk > 2022-02-16 12:04 | Report Abuse

Gapup?
Abcde triangle
(30 m )

Posted by Johnzhang > 2022-02-17 05:31 | Report Abuse

Feb 16): A supply crunch is threatening to cause a spike in prices for the world’s No 1 weedkiller, making it even more expensive for farmers to grow food.

A major supplier of an ingredient in glyphosate — an herbicide that’s widely used by corn, soy, cotton and other farmers around the world — shut down production due to mechanical failures, and repairs could take three months. Bayer AG, the maker of Roundup, whose active ingredient is glyphosate, declared a force majeure on Feb 11, meaning it may not be able to meet its sales agreements.

Farmers are anxious.

Aprosoja, an association of soybean producers in Brazil’s top-producing state Mato Grosso, sent a letter to Bayer’s chief executive officer in Brazil asking for assurances that there will be no shortages of glyphosate. Over 90% of soybeans grown in Brazil are genetically modified to resist glyphosate.

Posted by Johnzhang > 2022-02-17 06:29 | Report Abuse

There you go! Another likely setback for soya and corn planting and production. Notwithstanding the wild weather pattern, Will supply of soyoil improve in 2022 ?

Posted by casanwk > 2022-02-17 09:13 | Report Abuse

Key level 440
Above is bullish
Below is bearish
Triangle been breached...
Next target 460....

Posted by troy88 > 2022-02-17 09:33 | Report Abuse

Steady and solid!

Posted by casanwk > 2022-02-17 09:47 | Report Abuse

A good stamina & fast runner
Outpace klci index!

Posted by titan3322 > 2022-02-17 09:55 | Report Abuse

I sold my KLK also hehe banyak untung but no div wor now considering buying back some Taan hope got div la

Posted by casanwk > 2022-02-17 09:58 | Report Abuse

Inflow of Foreign fund will continues to support klci . Palm oil stocks will continue & greatly benefit...

Posted by titan3322 > 2022-02-17 11:14 | Report Abuse

Aiyoh KLK got 80 sen div ex date Tommorow la

Posted by casanwk > 2022-02-17 11:15 | Report Abuse

Next second runner close Taann is SOP
Now price breaking out on third wave
( buy @ 485)

Posted by PlantBull > 2022-02-17 11:36 | Report Abuse

i guess John was right... regret selling at 4.00 and 4.10?

Posted by Pinky > 2022-02-17 11:40 | Report Abuse

All TP can throw out the window already

Posted by Pinky > 2022-02-17 11:42 | Report Abuse

buy from 2.40 to 3.10

then 2.86 sell

2.61 buy back again

then 3.44 sell

3.40 buy again

3.60 sell

finally 3.70 buy back again

wow what a ride with TA ANN this 2 years XD

Posted by casanwk > 2022-02-17 11:46 | Report Abuse

Ok to take profit gradually. Continue to back at pullback (small window) . Extended third wave is not ending yet....

Posted by ahbah > 2022-02-17 11:46 | Report Abuse

All plantation stks ... a moni$$$ ride, jump n sit on them now ?