With below expectation profit Taann now has the highest PE above 6 compare to Sarawak plantation & Sarawak Oil Palm. Better buy Sarawak Plantation dividend also good.
Posted by gladiator > 8 minutes ago | Report Abuse
With below expectation profit Taann now has the highest PE above 6 compare to Sarawak plantation & Sarawak Oil Palm. Better buy Sarawak Plantation dividend also good.
Taann and SOP has increased more than 100% since mid last year, whereas counters like TSH, Inno only marginally increased... perhaps Taann and SOP already absorb all the high expectations
Soybeans and canola price at record high again. Don't say the ship has sunk, dude. Plantation stocks are still among the most profitable stocks in KLSE now.
Taann is one of the best plantation stock selection for investment mah!
Actually mkt is bearish & mkt is also skeptical of the commodity bulll run of;
1.CPO 2. Steel 3. Crude Oil 4. Crack spread 5. Aluminum, Tin and Copper
Thus mkt is taking a cautious approach to its sustainability mah!
If say CPO continue to perform at above Rm 5000 going fwd and the management has good corp governance & pays good div to reward shareholders, I m sure the Plantation share price will continue to go up mah!
Even if the CPO price come down to Rm 4000, I m sure the impact on plantation share price is minimal as currently it is not overvalue mah!
Currently with all food inflation in the world plus limited land available for future cultivation due to the environment concern, plantation valuation & its land will be valuable loh!
Taan and SOP both Swak based planters are subjected to fierce manipulation everyday. Short term players with no bullets for a few bid lower buy will get his backside burnt !
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
StartOfTheBull
8,161 posts
Posted by StartOfTheBull > 2022-05-24 10:35 | Report Abuse
Naysayers very happy now. Later rebound all disappears; funnier than the market.