Raiz368, for me, I would say the Theme for Plantation is haven't start yet. When it start, all the plantation stock (big cap or small cap) will at least surge 100% or more from their current price.
@Mikecyc, monetising some valuable plantation land is nothing wrong by itself . Sime Darby, IOI, KLK, GENP and others did that too. It is a right decision to monetising valuable land with development value instead of maintaining it for CPO production.which give low return per hactare.
In today's StarBiz,. the headline article on plantations M&A is very interesting. In there , there is valuation of plantation brownfield estate by the industry expert Mr Chandran . Mr Chandran has the credentials to speak about this subject. On the other hand,. those IB analysts who only work from computer desktop in a cosy office tell you half baked story.
Date Settlement Price RM 17 Jun 21 3377 16 Jun 21 3404 15 Jun 21 3580 14 Jun 21 3375 11 Jun 21 3663 10 Jun 21 3844 9 Jun 21 3871 8 Jun 21 4049 4 Jun 21 4129 3 Jun 21 4158
The sale of the two TH Plantations subsidiaries to Tamaco requires the approval of the EPU, as Tamaco is a non-Bumiputera company. The sale to Tamaco is pending approval on whether the transaction is at market price, and whether it will impact the long-term strategy of TH Plantations and its profitability, added the deputy minister.
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....
AngryBird
170 posts
Posted by AngryBird > 2021-05-27 20:34 | Report Abuse
lmao... now cpo price so high but thplant earn so less, just imagine if cpo price drop? glove asp still so high but everyone ady thinking asp drop