Posted by Johnzhang > 2022-04-25 18:39 | Report Abuse

Indonesia flip flop decision caused the correction!

Posted by Abba84 > 2022-04-25 18:51 | Report Abuse

John.u hav.news t confirm on flipflop b Indonesia gvt.

Posted by supersinginvestor > 2022-04-25 19:48 | Report Abuse

@abba84
Yes la...
Cpo futures dont move like that for profit taking..
Its news...

Posted by supersinginvestor > 2022-04-25 19:49 | Report Abuse

U know la..indon.everything in bahasa indon..half the time no one understands oso..lol

Posted by supersinginvestor > 2022-04-25 19:50 | Report Abuse

First ban then not ban penuh. Then ban half..lol...thats indon for u...

Posted by investor2021trading > 2022-04-25 19:50 | Report Abuse

CPO price still intact, so as plantation stock! a healthy correction after a price surged in d morning! actually, investors took profits reflecting d temporary ban of palm oil export in Indonesia! even plantation companies with no exposure in Indonesia took a beating due to this announcement! chance for those investors who wishes to buy at lower price !

Posted by titan3322 > 2022-04-25 20:31 | Report Abuse

Don't worry lah tomorrow Taan will sing Tom Jones song I am quite certain of that unless Latuk and his rakan2 jual again hihi

Posted by titan3322 > 2022-04-25 20:35 | Report Abuse

Depending on the CPO futures if it goes south again I think most plantation counters will bath in red wine tomorrow !

Posted by investor2021trading > 2022-04-25 21:21 | Report Abuse

FCPO all done above RM6500/ton from May till July! As palm oil is traded internationally by US Dollars, this is another piece of gud news as our ringgit has weaken lately against US n most foreign currencies!

Posted by steveccwong > 2022-04-25 21:27 | Report Abuse

FCPO future is in excess of RM6.0K/ton is extremely good for oil palm industry and the huge sway of oil palm company share prices may perhaps due to people's buying and selling of them without trying to understand they may make some money but lose the whole cow definitely.

Posted by Golf123 > 2022-04-26 04:05 | Report Abuse

Stay the course.....good year for palm oil sector

Posted by Johnzhang > 2022-04-26 07:05 | Report Abuse

JAKARTA/KUALA LUMPUR (April 25): Indonesian government officials told palm oil companies on Monday that an export ban announced late last week would cover shipments of refined, bleached, deodorized (RBD) palm olein but not crude palm oil, two industry sources told Reuters.
Though an exemption of crude palm oil from the export curbs will be positive for global markets, the majority of Indonesia's palm exports are in the form of processed oils and remain affected by the ban.
There were still concerns that crude palm oil would also be added to the list of banned products, as it is raw material for RBD palm olein.
According to data from Indonesia's palm oil association (GAPKI) exports of processed CPO in 2021 stood at 25.7 million tonnes, or 75% of total exports of palm products. CPO exports were 2.74 million tonnes in 2021, or 7.98% of the shipments.
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The news is too sketchy. No official details from government yet. Stay calm for clarity to emerge soon

Posted by casanwk > 2022-04-26 10:10 | Report Abuse

Haramic pattern (1 hr)
Daytrading?

Posted by casanwk > 2022-04-26 10:11 | Report Abuse

Price target 635 - 645!

Posted by Seven77 > 2022-04-26 10:32 | Report Abuse

Jokowi say ban. Ministry say different pula. I think listen to jokowi better

Posted by troy88 > 2022-04-26 10:40 | Report Abuse

Bounce back king Taann!

Posted by titan3322 > 2022-04-26 10:57 | Report Abuse

Hope history will not repeat itself yesterday from 6.75 to close at 5.99 !

Posted by investor2021trading > 2022-04-26 11:03 | Report Abuse

yesterday is pump n dump!

Posted by casanwk > 2022-04-26 11:04 | Report Abuse

Pickuup yesterday
@6+

Posted by stockraider > 2022-04-26 11:53 | Report Abuse

Steady rise loh!

Posted by titan3322 > 2022-04-26 15:00 | Report Abuse

Looks like history is repeating itself

Posted by serbatipu > 2022-04-26 15:45 | Report Abuse

siapa cepat dia dapat, sapu-ing
https://finance.yahoo.com/news/indonesia-may-widen-palm-export-023057064.html

Posted by Pinky > 2022-04-26 16:20 | Report Abuse

hahaha Indonesia learnt from Malaysia, U turn and U turn and U turn...

Posted by stockraider > 2022-04-26 16:47 | Report Abuse

Very brave Jokowi to uturn when he see his wrong mah!

Posted by Kim33 > 2022-04-26 20:54 | Report Abuse

So how??continous drop?

Posted by Johnzhang > 2022-04-27 07:35 | Report Abuse

DJ and Nasdaq collapse , but FCPO overnight UP. FCPO May $7,100, Jun $6,848, Jul $6,477 despite we are in high production season now.
CPO will stay high at least until 2023.

Posted by titan3322 > 2022-04-27 10:29 | Report Abuse

A word of caution though. United Plantation has reported 20 % decline in profits in the last qrt. But we all know the March qtr should be the record profits for most planters somehow this cukai makmur has come to play this year so your prosperity could also be greatly reduced the fear is that it would not just stop there !

Posted by Johnzhang > 2022-04-27 11:20 | Report Abuse

The dismal performance of UP is due to more than $150 mil hedging loss and sold too much crop forward at about $3,800 as compared to average spot price of $6,050 for Q1 2022) . It has nothing to do with cukai Makmur at all . Without the huge hedging loss , UP would have make many folds increase in Q1 2022 profit. As such , plantation that sell their produce on spot month basis will report huge yoy increase of earnings.

Posted by titan3322 > 2022-04-27 11:54 | Report Abuse

TQ for the clarification John

Posted by Thomas Chan Yeu Wai > 2022-04-27 12:48 | Report Abuse

Thanks Johnzhang. How would we know TAAN is selling at spot or at forward? Disclosure in annual report?

Posted by Johnzhang > 2022-04-27 14:04 | Report Abuse

Hi Thomas, It's a reporting standard to declare the amount of hedges or forward contract in QR and annual report. I don't see that in Taann.
Taann does not explicitly declare the realised CPO price.
Taann's associate company, Swkpltn declared the average realised CPO price (FY 2021 was $4,389) which has been in line with the spot month prices. I must note that Swkplant is managed by Taann and therefore safe to take that same policy apply. Taann's qtrly profit growth for the plantation segment is in line with the CPO trend. I come to the conclusion this way.

Posted by Golf123 > 2022-04-27 16:13 | Report Abuse

Johnzhang, your comments good, how do you get total hedging loss, is it published or your deduction.

Not clear from news report, perhaps you can give greater clarity.

Posted by Johnzhang > 2022-04-27 16:52 | Report Abuse

@golf123, it is reported in the qtrly results.

Posted by casanwk > 2022-04-28 15:42 | Report Abuse

Topup 609

Posted by casanwk > 2022-04-28 16:10 | Report Abuse

Gogogo
Tp - 620 & 635
Ong heng huat ah

Posted by Kim33 > 2022-04-28 18:35 | Report Abuse

Indon u turn again

Posted by casanwk > 2022-04-29 16:38 | Report Abuse

Long holidays - take profit first!
Try our luck at casino
Hahaha

Posted by calvintaneng > 2022-05-01 00:22 | Report Abuse

TAANN Target Price Rm10
https://klse.i3investor.com/jsp/blog/blpost.jsp?blid=2222&blpid=724382

Posted by Pinky > 2022-05-01 07:55 | Report Abuse

Calvin tan blog link not working

Posted by 2020covid19 > 2022-05-01 10:37 | Report Abuse

Calvin's blog page, inside it got many masterpieces, cool
https://klse.i3investor.com/web/blog/index/www.eaglevisioninvest.com

Posted by junkit > 2022-05-02 17:25 | Report Abuse

2022年最大涨幅的棕油股 - TAANN:
https://youtu.be/V6HZye504TE

Posted by wallstreetrookie > 2022-05-02 17:46 | Report Abuse

Lol stop promoting your YouTube video here for views and clicks. You are just recycling the same news and catalysts that have already been priced in.

Posted by Golf123 > 2022-05-03 03:52 | Report Abuse

Yesterday's star article on Sarawak plantation's recovery of matured palm acres may speed up taann ascension to 7rm.

Posted by wallstreetrookie > 2022-05-03 21:02 | Report Abuse

@Golf123 Honestly you should be worried when The Star writes articles on certain stocks and companies. The Star is not the media platform to trust or get your news from

Posted by stockraider > 2022-05-04 11:16 | Report Abuse

U need to understand....we already had move ahead since the covid run in 2020 loh!

Now u need to be little bit more defensive & plantations with CPO price up and huge cheap landbank to manage inflation plus a good hedge against RM depreciation are good bets to manage this risk & capitalise on opportunities loh!

Posted by nhbeen > 44 minutes ago | Report Abuse

stockraider: Inflation is good for banking whereas recession is not loh!

So if u invest in banking when recession strike....be prepare for about 2 years share price consolidation mah!

Yup. You are right. In recession, all sectors affected and their share price as well. If you intend to invest for long haul, it is also the time to buy into some good companies. Normally, equity market will move ahead first when economy starts recovering.

Posted by wallstreetrookie > 2022-05-04 12:10 | Report Abuse

Growth stocks have dropped for 6 months whereas value outperformed for nearly a year.

Posted by calvintaneng > 2022-05-04 20:40 | Report Abuse

Hopefully Taann will follow Sop in giving Bonus this month of May 2022

Posted by Golf123 > 2022-05-05 03:35 | Report Abuse

Calvin,
You may well be right, taann is quite broad based with plantation forest, timber and veneers.

Posted by stockraider > 2022-05-05 09:49 | Report Abuse

Go for it loh!

Div will be above 40 sen going fwd mah!

Posted by Golf123 > 2022-05-05 15:44 | Report Abuse

It's a steady ship, good dividend stream, can sleep easy.