TH PLANTATIONS BHD

KLSE (MYR): THPLANT (5112)

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Last Price

0.595

Today's Change

0.00 (0.00%)

Day's Change

0.59 - 0.605

Trading Volume

643,400


7 people like this.

2,093 comment(s). Last comment by Johnzhang 6 hours ago

NorazmiAR

103 posts

Posted by NorazmiAR > 2022-01-22 11:51 | Report Abuse

https://www.theedgemarkets.com/article/cpo-futures-hits-new-high-indon...

The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives extended its rally to close at RM5,322 a tonne for the April contract.

Singapore-based Palm Oil Analytics owner and co-founder Sathia Varqa said the price surged after the Indonesian government confirmed it will restrict palm oil exports.

Indonesia's foreign trade director-general Indrasari Wisnu Wardhana said Friday the republic will restrict exports to control the supply of domestic cooking oil in the country.

A media report said the restrictions will apply for six months starting Jan 24.

“(Based on) market players’ rumours, most likely the proposal will be 70% domestic supply and 30% export,” Sathia told Bernama.

Palm oil trader David Ng said Indonesia's move to curb palm oil exports will push up demand for Malaysian CPO as the big buyers will continue to search for alternative sources.

NorazmiAR

103 posts

Posted by NorazmiAR > 2022-01-22 11:52 | Report Abuse

Why when palm oil price have reach new all time high but company share price still not moving up?? Other loss making or small profitable company can jump to all time high without much fundamental or news/MOU that may not even materialize. (WOODLANDOR,COMPLETE LOGISTIC, SMTrack)

Why operator want to goreng these unpromising stocks instead of palm oil company that already set in stone strong earning in coming Quarter results? Bursa really is a twisted environment for investment

calvintaneng

55,521 posts

Posted by calvintaneng > 2022-01-22 13:08 |

Post removed.Why?

Panda

9 posts

Posted by Panda > 2022-01-23 16:05 | Report Abuse

Why Blowjod people promote so many months still can't move, please don't promote people buy share.
柑你拿,吉子我们拿 hahaha.

calvintaneng

55,521 posts

Posted by calvintaneng > 2022-01-24 08:30 |

Post removed.Why?

CCWONG

290 posts

Posted by CCWONG > 2022-01-24 09:26 | Report Abuse

Thplant will eventually show its true color because of its strong earnings and because of the CPO price is consistently high, >RM5.0K/ton.

This a a fact not a non-fact.

CCWONG

290 posts

Posted by CCWONG > 2022-01-24 11:12 | Report Abuse

If Thplant's forthcoming EPS is 11ct, PE of 7X will give 77ct, if PE of 8X will give 88ct and so on, if PE of 9X will give 99ct. Now, it is 63ct.

Disclaimer - Not inviting to buy or sell Thplant. My opinion only.

ahbah

6,159 posts

Posted by ahbah > 2022-01-24 11:14 | Report Abuse

Coming anytime soon ?

Ananas

109 posts

Posted by Ananas > 2022-01-24 11:48 | Report Abuse

i believe in current share market, plantation is potential to hold based on high price of commodities and CPO. just there are no shark to goreng

ahbah

6,159 posts

Posted by ahbah > 2022-01-24 11:50 | Report Abuse

Got to get some first bcos no one rings the bell to tell us before they goreng lah ?

Icon 888

2,248 posts

Posted by Icon 888 > 2022-01-27 05:24 | Report Abuse

Black horse

calvintaneng

55,521 posts

Posted by calvintaneng > 2022-01-27 06:04 |

Post removed.Why?

Posted by Intrinsic99 > 2022-01-27 08:30 |

Post removed.Why?

Posted by Intrinsic99 > 2022-01-27 08:31 |

Post removed.Why?

Johnzhang

3,068 posts

Posted by Johnzhang > 2022-01-28 16:28 | Report Abuse

Madness!! FCPO Feb contract surged to $5,750 this afternoon!!

serbatipu

330 posts

Posted by serbatipu > 2022-01-28 16:32 | Report Abuse

aiya fcpo surge few hundred ringgit, but thplant rise 1-2 sen only nothing big deal la

Johnzhang

3,068 posts

Posted by Johnzhang > 2022-01-28 21:18 | Report Abuse

CPO price has gone crazy already! It closed at a new record of $5,810 this evening! This is the result of Indonesia restricting export volume to adequately supply domestic market.

DJThong

479 posts

Posted by DJThong > 2022-01-31 22:34 | Report Abuse

Happy new year
From nusantara dj thong Ing Yee

ahbah

6,159 posts

Posted by ahbah > 2022-02-04 09:50 | Report Abuse

• Thplant is currently treading above the 200-day MA, suggesting that its uptrend pattern remains intact.

• With the ROC indicator heading higher above the zero-line, we anticipate the stock could advance to challenge our resistance levels of RM0.70 (R1) and RM0.78 (R2), which translate to upside potentials of 10% and 23%, respectively from yesterday’s closing price of RM0.635.

• On the downside, our stop loss has been set at RM0.58, which translates to a downside risk of 9%.

Source: Kenanga Research - 4 Feb 2022

ahbah

6,159 posts

Posted by ahbah > 2022-02-04 09:59 | Report Abuse

Thplant

Target Price: RM0.700, RM0.750

Last closing price: RM0.650

Potential return: 7.6%, 15.3%

Support: RM0.625

Stop Loss: RM0.590

Source: PublicInvest Research - 3 Feb 2022

Johnzhang

3,068 posts

Posted by Johnzhang > 2022-02-04 12:02 | Report Abuse

A massive winter storm swept across the central and Northeast US on Thursday where it was delivering heavy snow and ice, making travel treacherous, if not impossible, knocking out power to thousands and closing schools in several states.

Who knows what kind of wild weather will be during the next edible oil crop season . If next edible oil crop harvest in the northern hemisphere is no good , CPO price will stay above $5,000 throughout 2022 until the next crop season in 2023.

serbatipu

330 posts

Posted by serbatipu > 2022-02-04 16:51 | Report Abuse

Taan, sop all fly d, thplant when?

ahbah

6,159 posts

Posted by ahbah > 2022-02-04 16:57 | Report Abuse

Anytime next week.

CCWONG

290 posts

Posted by CCWONG > 2022-02-08 09:41 | Report Abuse

Thplant is reported to benefit from Indonesia's CPO export policy and add on buying is good as it is well supported.

Last Quarter Financial Report will be excellent & expect more to come.

ahbah

6,159 posts

Posted by ahbah > 2022-02-08 09:43 | Report Abuse

All can take a small position first n see later lah.

calvintaneng

55,521 posts

Posted by calvintaneng > 2022-02-08 19:36 | Report Abuse

ahbah

he who sow sparingly will reap sparingly
he who sow bountifully will reap bountifully

CCWONG

290 posts

Posted by CCWONG > 2022-02-08 20:02 | Report Abuse

Thplant will unleash its strength soon. Watch out.

Johnzhang

3,068 posts

Posted by Johnzhang > 2022-02-10 06:27 | Report Abuse

KUALA LUMPUR (Feb 9): The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives snapped two straight days of losses to close higher on Wednesday, lifted by a news report that Indonesia, the biggest supplier, is expanding its palm oil export curbs to include all palm oil products.

Palm oil trader David Ng said the news would lift sentiment and push demand for Malaysian CPO.

At the close, the CPO futures contract for February soared RM199 to RM5,765 a tonne, March 2022 increased RM168 to RM5,704 a tonne, April 2022 gained RM145 to RM5,594 a tonne,

The physical CPO price for February rose RM100 to RM5,820 a tonne.

ahbah

6,159 posts

Posted by ahbah > 2022-02-10 15:35 | Report Abuse

Thplant .. look like coming now ?

Can go in now ?

calvintaneng

55,521 posts

Posted by calvintaneng > 2022-02-11 08:53 |

Post removed.Why?

shiby

217 posts

Posted by shiby > 2022-02-11 10:19 | Report Abuse

Finally thplant moving :)

calvintaneng

55,521 posts

Posted by calvintaneng > 2022-02-11 11:12 | Report Abuse

Moving?

It moves by crawling

Then by walking

Then by running

Then by jumping

Then go flying up and up

Then only when people see it flies they will buy

ahbah

6,159 posts

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

Thanks for your blessings on THPlant.

calvintaneng

55,521 posts

Posted by calvintaneng > 2022-02-11 11:16 |

Post removed.Why?

ahbah

6,159 posts

Posted by ahbah > 2022-02-11 11:49 | Report Abuse

I like Bplant bcos Bplant got give div for us to buy kopi n nasi lemak !

serbatipu

330 posts

Posted by serbatipu > 2022-02-11 15:23 | Report Abuse

no more privatize plan ?

CCWONG

290 posts

Posted by CCWONG > 2022-02-13 20:04 | Report Abuse

Year 2022 may continue to see strong CPO price, even an IB said an average CPO price of RM4.20K/ton for year 2022 is possible.

What does this mean?

If it happens, never in the oil palm industry to be able to register an average of RM4.20K/ton.

So, the oil palm shares of listco' interest by all market/investors will intensify.

The rest is up to your imagination how far it may go.

As for me, I am holding all my oil palm shares bought for LT purpose.

shiby

217 posts

Posted by shiby > 2022-02-14 15:28 | Report Abuse

slowly crawling up.awaiting result announcement

calvintaneng

55,521 posts

Posted by calvintaneng > 2022-02-15 08:00 | Report Abuse

Crawling?

Yes.

1. Bull market starts in Pessimism

2. Bull market rises in skepticism

3. Bull market matures in optimism

4. Bull market dies in euphoria

For Thplant we are lingering near Stage one. The crawling stage

Johnzhang

3,068 posts

Posted by Johnzhang > 2022-02-17 05:30 | Report Abuse

Feb 16): A supply crunch is threatening to cause a spike in prices for the world’s No 1 weedkiller, making it even more expensive for farmers to grow food.

A major supplier of an ingredient in glyphosate — an herbicide that’s widely used by corn, soy, cotton and other farmers around the world — shut down production due to mechanical failures, and repairs could take three months. Bayer AG, the maker of Roundup, whose active ingredient is glyphosate, declared a force majeure on Feb 11, meaning it may not be able to meet its sales agreements.

Farmers are anxious.

Aprosoja, an association of soybean producers in Brazil’s top-producing state Mato Grosso, sent a letter to Bayer’s chief executive officer in Brazil asking for assurances that there will be no shortages of glyphosate. Over 90% of soybeans grown in Brazil are genetically modified to resist glyphosate.

calvintaneng

55,521 posts

Posted by calvintaneng > 2022-02-17 16:34 |

Post removed.Why?

Johnzhang

3,068 posts

Posted by Johnzhang > 2022-02-17 18:36 | Report Abuse

I think THplant may cross $1.50 once reasonable dividend resumes and to be announced following final qtr result.

CCWONG

290 posts

Posted by CCWONG > 2022-02-17 20:30 | Report Abuse

Thplant has entered into uncharted territory and with average FCPO of RM5.50K/ton into the months of year 2022, Thplant share price will fly like an eagle.

Please don't go for small gains and the public are going to realize if they don't invest in oil palm shares, they are missing out the long-waited investment opportunity which has just started.

Ananas

109 posts

Posted by Ananas > 2022-02-18 00:11 | Report Abuse

keep into locker and open 2 months later

x_abe81

111 posts

Posted by x_abe81 > 2022-02-18 11:49 | Report Abuse

RM1.5 inbound. History high was even over RM2, and thats with much lower CPO price

XenDee

171 posts

Posted by XenDee > 2022-02-18 11:54 | Report Abuse

Breakout 52 week high

Posted by xantiller > 2022-02-18 12:20 | Report Abuse

am I sell too early?

Johnzhang

3,068 posts

Posted by Johnzhang > 2022-02-18 12:22 | Report Abuse

Plantation stock rally has just begun in Feb 2022. It appear to me that there is a lot more steam for this rally to continue for months. Like many other stock rallies, we may see some plantation's share price surge pass triple digit % increase. I will just lock up my plantation stocks to enjoy the once in a lifetime superb return.

GLOVE rally lasted 4 months to reach its peak (Apr 2020 to Aug 2020).
Supermax share price was around $1.63 (2/4/2020) to around $23.00 (7/8/2020), increase of 1,311%
Topglove was $6.40 (2/4/2020) to $28.00 (7/8/2020), increase of 338%
Harta was $6.80 to $21.00 , increase of 209%

STEEL rally lasted about 6 months to reach its peak(Nov 2020 to May 2021)
Anjoo share price was $0.60 (2/11/2020) to $3.10 (10/5/21), increase of 417%
SSteel was $0.42 to $1.20, increase of 186%
Melewar was $0.20 to $0.72 , increase of 260%.

shiby

217 posts

Posted by shiby > 2022-02-18 17:02 | Report Abuse

yes johnzhang i agree with you. look like thp had awaken. maybe signal of good result announcement soon since look like institution start buying

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