Posted by titan3322 > 2022-03-14 12:20 | Report Abuse

Bila itu makcik kata palm oil can fetch RM 9000 a tonne hari ini semua jatuh Futures pun jatuh hehehe but I am buying back a little lor next qtr record profit lor bcoz average delivered price for Jan to March ardy exceeded RM5500 a tonne lor

Posted by titan3322 > 2022-03-14 15:43 | Report Abuse

Promoters semua hilang dulu kuat hardsale hehe

Posted by wallstreetrookie > 2022-03-14 17:52 | Report Abuse

i3 Hall of Fame/Shame (People that you must follow and MUST NOT follow on i3)
1. Pang72: Contra God
2. Paktua: WhatsApp Pump and Dump God
3. Calvintaneng: "I told you so, buy this company that I recommend instead" AKA OG Master
4. Dompeilee: Appears in literally every stock that limit up Insider Trading God (I bought xxx two months ago and now it's up I am a God)
5. mf: Robot/AI God
6. CUTLOST: Career gambler
7. rr88/Cakes Moon: "Buy high sell low - Sell low buy high"
8. Johnzhang: Value + technical investor
9. OTB: OG Master
10. Mabel: FOMO Analyst
11. imvu: Unemployed gambler

Posted by paktua73 > 2022-03-14 18:41 |

Post removed.Why?

Posted by bang_miskin > 2022-03-14 23:03 | Report Abuse

@titan3322 We are all riding the bull here. The ride is going to be very rough. Taann price climbs when CPO price climbs, and falls when CPO price (is expected) to fall. If you can't handle the ride, climb down and take profit, no harm with that. Risk takers will continue to ride. Just like glove mania, some take profit very early, some take huge profit later, and some ride until the whole thing came crashing down.

Posted by Johnzhang > 2022-03-15 07:19 | Report Abuse

Titan scared shit and he started selling Taann from $3.20. Hehehe..

Posted by Johnzhang > 2022-03-15 07:30 | Report Abuse

TaAnn’s realized CPO price for FY 2021 was $4,300+ and achieved very high earnings. FCPO April was about $6,900 and spot price is even higher. Don’t have to be overly worried of temporary price correction. That’s just my view .

Posted by Pinky > 2022-03-15 08:43 | Report Abuse

Today buy for technical rebound? :P

Posted by paktua73 > 2022-03-15 08:52 |

Post removed.Why?

Posted by Pinky > 2022-03-15 09:02 | Report Abuse

paktua tak main JAKS dah?

Hahahahaha

Posted by paktua73 > 2022-03-15 09:33 |

Post removed.Why?

Posted by paktua73 > 2022-03-15 09:34 |

Post removed.Why?

Posted by titan3322 > 2022-03-15 11:02 | Report Abuse

Hahaha if so good why everyday turun one. Directors pun selling my modest TP only 5.50 also cannot reach think have to lower it to 5.40. BTW John I still have a bus load my average price is very low lor

Posted by titan3322 > 2022-03-15 11:15 | Report Abuse

Need to promote harder la woi after ex jatuh lagi kan itu orang tua pun sudah masuk tapi no effect lah hehe

Posted by titan3322 > 2022-03-15 11:38 | Report Abuse

@bang_miskin ya please enjoy riding the but be careful don't get gored by the bull nanti tambah miskin hehe

Posted by bang_miskin > 2022-03-15 17:21 | Report Abuse

@titan3322 takpe sudah miskin gileer. I oredi took some profit from Taann, now only left some untuk main-main. Naik turn pun tak kisah.
Ini bull nobody can predict, now with the war, bursa merah macam air sirap. Tengok profit ambik profit. Besok makan nasi lemak boleh tambah ayam.

Posted by densim > 2022-03-15 23:42 | Report Abuse

BOD, selling heavy. Does not give confidence to Investors.

Posted by Valuvestor > 2022-03-16 09:59 | Report Abuse

One can increase the supply of mineral oil by merely persuading people to pump it out of the ground. To increase the supply of bio oil one must plant the trees, apply fertilizer, hope for conducive weather and then wait, and wait, and wait

Posted by titan3322 > 2022-03-16 13:26 | Report Abuse

This stock is now reduced to a dividend play stock only no 6 no 7 maybe next qtr announce 20 sen div then only can nove a bit

Posted by paktua73 > 2022-03-16 15:22 |

Post removed.Why?

Posted by Pinky > 2022-03-16 17:19 | Report Abuse

See here:
https://klse.i3investor.com/web/stock/entitlement/5012

TAANN's bumper dividends always happen during the interim ones

30-Nov-2020
09-Jul-2021
22-Nov-2021

Announcement with release of Q4 results is always 5 sen

Posted by Pinky > 2022-03-16 17:19 | Report Abuse

So be steady la, TAANN greatly reduced its borrowings, it's dividend capacity greatly improved

Posted by titan3322 > 2022-03-17 09:35 | Report Abuse

A little pinky today lor

Posted by Thomas Chan Yeu Wai > 2022-03-17 10:08 | Report Abuse

Does accumulated retained earnings indicate a possibility of higher dividends payout? assuming other factors remains constant (cash, borrowings, profitability, etc). Still learning haha

Posted by Pinky > 2022-03-17 10:42 | Report Abuse

titan come join me play FOCUS LUMBER hehehe

Posted by Valuvestor > 2022-03-17 11:45 | Report Abuse

Thomas, retained earnings could potentially be used to pay dividends (as in the way that Genting Malaysia and Genting Berhad are presently doing), but it is more likely they are being accumulated as a "war chest" to provide for future acquisitions or capital works. When a company uses retained earnings to pay dividends, it's usually trying to hide a poor result in a handsome payout -- in effect conning the shareholders into thinking the company is doing well when it is actually struggling.

Posted by Thomas Chan Yeu Wai > 2022-03-17 12:32 | Report Abuse

Valuvestor, thank you. Based on TAAN's quarterly disclosure, its retained earnings is at RM1.1 b.

After some thinking and your explanation, i dont think retained earnings would be a good indicator for "potential" handsome dividend payouts. Dividend payments still need to come from cash, net of liabilities. Its cash net of liabilities doubled.

On its huge accumulated retained earnings, can only speculate here what TAAN would do with it, acquire more palm oil companies other than the already acquired Sarawak Plantation. This one maybe need to wait for another few more years when CPO price drop to its lowest or otherwise acquire inefficient planters that is currently cheap vs current CPO price.

Posted by Valuvestor > 2022-03-17 13:03 | Report Abuse

Hi Thomas, the other thing to understand, specifically about retained earnings is that they are essentially the profits of the company that have not been distributed as dividends. Via a rather indirect route, they're the balancing component of the money accumulating in the bank account in a double-entry bookkeeping system. So if a company earns profits and divides those profits between dividends, savings in the bank account and capital investments, retained earnings is the balancing entry for savings in the bank account and capital investments. That is how they have gotten so huge. Profits got retained and then reinvested in new trees and infrastructure and so forth.

Posted by titan3322 > 2022-03-17 15:05 | Report Abuse

Perang sudah mari ka woi hehe

Posted by titan3322 > 2022-03-17 15:19 | Report Abuse

Kawan retained earnings can also be used for bonus issues even though there is no change in financial fundementals but it adds liquidity to its stocks making trading more vibrant

Posted by titan3322 > 2022-03-17 15:20 | Report Abuse

When Taan announce bonus issues I can bet the share will go back to RM 5 at least

Posted by Pinky > 2022-03-17 15:27 | Report Abuse

Bonus issue talks again hahahahaha

Mooncake...

Posted by paktua73 > 2022-03-17 15:43 |

Post removed.Why?

Posted by Pinky > 2022-03-17 15:55 | Report Abuse

TAANN bull story is over hahaha

Posted by freddiehero > 2022-03-17 15:58 | Report Abuse

BBQ time..

Posted by paktua73 > 2022-03-17 16:09 |

Post removed.Why?

Posted by paktua73 > 2022-03-17 16:24 |

Post removed.Why?

Posted by titan3322 > 2022-03-17 16:40 | Report Abuse

Call warant punya pasal esok naik balik

Posted by paktua73 > 2022-03-18 07:37 |

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Posted by Johnzhang > 2022-03-18 09:51 | Report Abuse

In the Starbiz, SOP’s cost of production for FY21 was $1,500 to $1,600 pmt CPO . For FY22, it is estimated to increase about 10 to 15% yoy. I think well managed plantation like Taann has cost of production about the same level .
Even if CPO is $5,000, plantation will still make huge profits!

Posted by LouisLim > 2022-03-18 10:48 | Report Abuse

May I know any link I can see the real time CPO price?

Posted by Valuvestor > 2022-03-18 11:57 | Report Abuse

CPO price from the horse's mouth:

https://www.bursamalaysia.com/market_information/derivatives_prices?code=FCPO&session=day

Posted by calvintaneng > 2022-03-18 13:54 |

Post removed.Why?

Posted by Valuvestor > 2022-03-18 16:58 | Report Abuse

The Indonesians have changed their export rules:

https://www.reuters.com/world/asia-pacific/indonesia-hikes-palm-oil-export-levy-maximum-375-per-tonne-2022-03-18/

Posted by skyjet > 2022-03-20 13:56 | Report Abuse

RM1,500 minimum wage from May 1, all plantation company need a lot of workers. Operating cost increse a lot. This news not good for plantation stocks.

https://themalaysianreserve.com/2022/03/19/rm1500-minimum-wage-from-may-1-ge15-to-be-discussed-pm/

Posted by bang_miskin > 2022-03-20 14:05 | Report Abuse

Is it correct to say that minimum wage applies to foreign workers too?

Posted by calvintaneng > 2022-03-20 14:07 |

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Posted by titan3322 > 2022-03-20 21:20 | Report Abuse

I think in the longer term Calvin could be right

Posted by StartOfTheBull > 2022-03-20 21:25 | Report Abuse

Food, whether economy good or bad, war or peace, the world still need it.

Posted by VincentTang > 2022-03-21 07:02 | Report Abuse

FCPO drop to 5629, drop 5.17% today.