TH PLANTATIONS BHD

KLSE (MYR): THPLANT (5112)

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Last Price

0.635

Today's Change

-0.015 (2.31%)

Day's Change

0.63 - 0.65

Trading Volume

1,452,400


7 people like this.

2,158 comment(s). Last comment by calvintaneng 3 days ago

bonbon

181 posts

Posted by bonbon > 2021-01-11 16:00 | Report Abuse

You promote more, it drops more. If I were you, I will keep my mouth shut. Buy as many as you like, no need to promote hardly here.

Mabel

24,226 posts

Posted by Mabel > 2021-01-11 21:45 | Report Abuse

OIL PALM PLANTATIONS TO OPERATE AS NORMAL IF MCO IS RE-ENFORCED - Bernama
11-Jan-2021 04:14:12 PM

KUALA LUMPUR, Jan 11 (Bernama) -- The Ministry of Plantation Industries and Commodities (KPPK) has given an assurance that oil palm plantations will be given permission to operate as usual if the government implements the Movement Control Order (MCO) 2.0.

Minister Datuk Dr Mohd Khairuddin Aman Razali said this was important to ensure that palm oil production was not interrupted and the country could continue its commodity exports to the rest of the world.

"We have gone through the MCO 1.0 phase in March 2020 and today we have been through it for almost one year. Of course, we have learned the best way for us to manage the plantations more prudently.

"Besides that, workers in oil palm plantations have always practised social distancing and their jobs require them to distance themselves. Hence, the spread of COVID-19 can be avoided," he told a press conference in conjunction with the Palm Oil Economic Review & Outlook (R&O) today.

Mohd Khairuddin said his ministry was optimistic that the palm oil trade performance would be better this year due to the positive forecast of the country's economy, as well as productivity, which is expected to increase due to good agricultural practices that formed the basis of the Malaysian Sustainable Palm Oil (MPSO) certification scheme.

He said as at Dec 31, 2020, a total of 5.2 million hectares or 88.25 per cent of the 5.9 million hectares under oil palm cultivation in Malaysia have obtained the MSPO certificates.

A total of 434 mills or 96.02 per cent of the 452 palm oil mills have also obtained the MSPO certificates.

Meanwhile, he said Malaysia has decided to file legal action with the World Trade Organisation (WTO) against the European Union's (EU) restrictions on palm oil-based biofuel

DickyMe

14,892 posts

Posted by DickyMe > 2021-01-11 21:46 |

Post removed.Why?

TheSecret

658 posts

Posted by TheSecret > 2021-01-17 17:13 | Report Abuse

Don't dream for 18 sen. Wait patiently until quarter result comes out, I think sure will better result quarter by quarter. I hold. La Nina still serious at oversea.

TheSecret

658 posts

Posted by TheSecret > 2021-01-19 09:30 | Report Abuse

Good morning

South America Weather Radar shows Argentina very dry

Soybean and Corn will be fair in Brazil but quite bad in Argentina

that means that Soyoil will be sustained

Thus palm oil should be well supported above Rm3000

Production is as low as Rm1465 by Thplant

and No tax of 8% if cpo prices falls below Rm3450

So most Palm oil companies will enjoy 100% net profit for 2021

Glove ASP now at its apex and will plateaued off and also Glove prices up alot from it's lows

Tech stocks surged very very high but got only average earnings

So P/E now very high


Only palm oil stocks got real and solid earnings for 2021 and prices still low

So go for palm oil shares while others chase bubbles

TheSecret

658 posts

Posted by TheSecret > 2021-01-29 09:15 | Report Abuse

FCPO Feb 2021 now over 3750, very good for palm oil counter.

TakeProfits

1,229 posts

Posted by TakeProfits > 2021-02-04 13:49 | Report Abuse

All.other plantation stocks share price decent and high!
But TH share price struggling?? WHY???

TakeProfits

1,229 posts

Posted by TakeProfits > 2021-02-04 15:08 | Report Abuse

Eeh, Calvin Teng, where are you, man!? You been promoting TH in past?
How about now?? Apa madam arh!?
Th still tak dak naik......

sten_still

409 posts

Posted by sten_still > 2021-03-03 22:03 | Report Abuse

Th announced good dividend on the account holders...going to reflect on the thplantation later kekeke

Arnold76

58 posts

Posted by Arnold76 > 2021-03-03 22:08 | Report Abuse

Report still not out yet...

TakeProfits

1,229 posts

Posted by TakeProfits > 2021-03-04 13:46 | Report Abuse

Sampai bila lar, launder ini ...hauzzzx....tidur lar...

TakeProfits

1,229 posts

Posted by TakeProfits > 2021-03-04 13:48 | Report Abuse

Mana ada dividend! Mimpi kah!??

sten_still

409 posts

Posted by sten_still > 2021-03-04 15:05 | Report Abuse

i mean dividen on account tabung haji lo but sure will reflect on the share price

chamlo

1,288 posts

Posted by chamlo > 2021-03-05 15:08 | Report Abuse

Why QR no news? Bad or worse than Jtiasa?

Posted by Reichwerden > 2021-03-09 09:43 | Report Abuse

Palm Production drop compared to last qtr.

kahhoeng

3,950 posts

Posted by kahhoeng > 2021-03-13 21:48 | Report Abuse

Think THPlant revenue for Oct - Dec quarter compared to Jul - Sep quarter should be higher. While the production is falling, the crude palm oil price increment is more significant

bulldog

12,157 posts

Posted by bulldog > 2021-03-15 18:03 | Report Abuse

Accumulation in progress
Huat chaiii

Mabel

24,226 posts

Posted by Mabel > 2021-03-17 08:04 | Report Abuse

FCPO Uptrend still in progress after hitting RM 4,144 yesterday. Fantastic period for all Plantation Investors

Meow Meow Meow

calvintaneng

56,631 posts

Posted by calvintaneng > 2021-03-21 23:25 | Report Abuse

Thplant

65% in strong Funds holding

Very little free-float like Fgv now

Large acres of plantation lands in Trengganu, Negeri Sembilan, Sabah and SARAWAK

Very productive palm trees

Cost of cpo production among the lowest at Rm1,465 per ton

After clearing Corruption of Fgv, Mnrb this Thplant is the last remaining cleaned up gem still dirt cheap

Thplant is far better bargain now than Mnrb anytime

Close eyes buy and hold this sure winner

Mikecyc

46,782 posts

Posted by Mikecyc > 2021-03-22 20:11 | Report Abuse

Referred to FY20 (Q2 ) ended June :

a) Financial assets

Trade and other receivables 38,857,000

Cash and bank balances 49,741,000


total = 88,598,000

b) Financial liabilities

Loans and borrowings 1,261,544,000

Trade and other payables 226,986,000

Lease liabilities 79,020,000

total = 1,567,550,00


a) - b ) = ( 1,478,952,000 )

Mikecyc

46,782 posts

Posted by Mikecyc > 2021-03-22 20:12 |

Post removed.Why?

Mikecyc

46,782 posts

Posted by Mikecyc > 2021-03-22 20:13 |

Post removed.Why?

Mikecyc

46,782 posts

Posted by Mikecyc > 2021-03-22 20:29 | Report Abuse

Month FFB : CPO

Sept 88,001 : 18,071

Oct 73,008 : 12,937
Nov 64,388 : 12,558
Dec 57,189 : 11,862 (drop 34 % ‘ compared Sept )

Jan21 44,983 : 9,449
Feb21 41,167 : 6,628 ( drop 58 % ke)

Mikecyc

46,782 posts

Posted by Mikecyc > 2021-03-22 20:30 |

Post removed.Why?

Mikecyc

46,782 posts

Posted by Mikecyc > 2021-03-22 20:32 |

Post removed.Why?

calvintaneng

56,631 posts

Posted by calvintaneng > 2021-03-23 00:29 | Report Abuse

asset sale rejected was blessing in disguise

cpo then was Rm2200 a ton
cpo now is over Rm4000 a ton

So assets prices zoomed up and more value now

In any case sale is still on to pare down gearing and resume good dividend years

As usual Debts are backed by land bank assets of value

All landbanks still in old book value once updated will be as valuable or even more valuable than Kwantas lousy lands in Sabah

If Kwantas was offered Rm1.65 to be taken private then Thplant should be even more valuable

Mikecyc

46,782 posts

Posted by Mikecyc > 2021-03-23 08:29 |

Post removed.Why?

Mikecyc

46,782 posts

Posted by Mikecyc > 2021-03-23 08:29 |

Post removed.Why?

Mikecyc

46,782 posts

Posted by Mikecyc > 2021-03-23 08:31 | Report Abuse

Bplant , Tdm , Thplant , the bad managed plantitions are queueing for sale ...

calvintaneng

56,631 posts

Posted by calvintaneng > 2021-03-23 13:43 | Report Abuse

Cpo reaching Rm4300 now

look to the future just like dumb mikecyc looked at past Esceramic past result when esceramic was 35 sen

Far better days are coming for Thplant ahead

calvintaneng

56,631 posts

Posted by calvintaneng > 2021-03-23 18:43 | Report Abuse

Good positive result for Thplant

Rm120 millions Cash used to pare down Sukuk loan to reduce gearing

Cash position increased

Very good progress

Well done !!

chamlo

1,288 posts

Posted by chamlo > 2021-03-23 21:53 | Report Abuse

EPS 0.18 sen worse than JTiasa EPS 0.48 sen despite CPO >RM 3K. <50 sen tomorrow?

calvintaneng

56,631 posts

Posted by calvintaneng > 2021-03-23 23:00 | Report Abuse

Chamlo cannot read accounts

Actually GOT RM120 MILLIONS USED TO PARE DOWN DEBT (IF NOT COULD BE REPORTED IN CASH PROFITS)

SUPER BULL FOR CPO AS IT JOINS SOYOIL IN BIODIESEL SPURT

JOE BIDEN PUSH FOR CLEAN ENERGY ANOTHER BOOSTER FOR PALM OIL

https://www.reuters.com/article/us-global-oil-biofuels-insight-idUSKBN...

Mikecyc

46,782 posts

Posted by Mikecyc > 2021-03-24 00:09 |

Post removed.Why?

Mikecyc

46,782 posts

Posted by Mikecyc > 2021-03-24 00:19 |

Post removed.Why?

Mikecyc

46,782 posts

Posted by Mikecyc > 2021-03-24 00:21 |

Post removed.Why?

Mikecyc

46,782 posts

Posted by Mikecyc > 2021-03-24 00:23 |

Post removed.Why?

calvintaneng

56,631 posts

Posted by calvintaneng > 2021-03-31 07:59 | Report Abuse

Actually this bad news is very good news

Thplant intention to sell assets was negated by Govt

That was a good move as now that Cpo is reaching Rm4000 a ton from Rm2200 the palm oil lands of Thplant would have appreciated in value

So prices have gone up

The aggrieved party has no right to sue Thplant for not extending the sale term

calvintaneng

56,631 posts

Posted by calvintaneng > 2021-03-31 08:04 | Report Abuse

Plus SARAWAK Govt has forbidden the conversion of timber lands to palm oil now means that the number of palm oil plantations are fixed and cannot be increased

This makes all existing Palm oil lands very scarce commodity

Scarcity means prices of palm oil plantations going to get more expensive

Thplant has large landbanks in Trengganu , Negeri Sembilan, SARAWAK and Sabah mean it is well position and diversified

all the bad news are now behind and before will be continual revival of growth

Thplant is among the best Plantation stocks with 3 quarters result profitable

Mikecyc

46,782 posts

Posted by Mikecyc > 2021-04-05 08:26 |

Post removed.Why?

Mikecyc

46,782 posts

Posted by Mikecyc > 2021-04-05 08:26 | Report Abuse

Thplant


Month FFB : CPO

Sept 88,001 : 18,071

Oct 73,008 : 12,937
Nov 64,388 : 12,558
Dec 57,189 : 11,862 (drop 34 % ‘ compared Sept )

Jan21 44,983 : 9,449
Feb21 41,167 : 6,628 ( drop 58 % ke)

vincent555

187 posts

Posted by vincent555 > 2021-04-11 19:51 | Report Abuse

我是从事油棕业上游工作的,FFB的产量在1,2月是非常的少,但在3 月份有回升,4月份的产量开始快速增长,掂我们所知现在每个提炼厂都很忙碌,如果FFB 的高产量能持续到5月份, 再配合现在的CPO 价格,那plantation 4,5,6 月份的quarter report 应该会很漂亮。

calvintaneng

56,631 posts

Posted by calvintaneng > 2021-04-14 20:49 | Report Abuse

LUMBER PRICES NOW SURGING TO ALL TIME HIGH WILL BENEFIT WTK, JTIASA & THPLANT, Calvin Tan Research

https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/2021-04-14-story-h1563309527-LUMBER_PRICES_NOW_SURGING_TO_ALL_TIME_HIGH_WILL_BENEFIT_WTK_JTIASA_THPL.jsp

Mikecyc

46,782 posts

Posted by Mikecyc > 2021-04-15 07:23 |

Post removed.Why?

Mikecyc

46,782 posts

Posted by Mikecyc > 2021-04-15 07:24 | Report Abuse

Month FFB : CPO

Sept 88,001 : 18,071

Oct 73,008 : 12,937
Nov 64,388 : 12,558
Dec 57,189 : 11,862 (drop 34 % ‘ compared Sept )

Jan21 44,983 : 9,449
Feb21 41,167 : 6,628 ( drop 58 % ke)

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