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

maestro85

248 posts

Posted by maestro85 > 2022-02-25 21:38 | Report Abuse

no losing. It will pick up although a bit slow

sell

2,456 posts

Posted by sell > 2022-02-26 21:08 | Report Abuse

.21 sen EPSX4=0.84 sen PE>100. Sell.

calvintaneng

56,628 posts

Posted by calvintaneng > 2022-02-27 18:46 |

Post removed.Why?

Icon 888

2,301 posts

Posted by Icon 888 > 2022-02-28 02:48 | Report Abuse

Good good

shiby

217 posts

Posted by shiby > 2022-02-28 12:13 | Report Abuse

hmm i am still holding.what is this biological asset mark down. can anyone explain?.

Posted by lululemon > 2022-02-28 12:51 | Report Abuse

biological asset = land

Johnzhang

3,098 posts

Posted by Johnzhang > 2022-02-28 13:06 | Report Abuse

Biological assets are AGRICULTURE PRODUCE that are unharvested (because yet to achieve maturity) . Once they are harvested, they become inventory.

Example :
1 oil palm plantation - unharvested/immature FFB on the palm trees
2.Poultry - all livestocks at various ages before maturity
3.Forestry - all the timber trees in the plantation forest yet to be harvested.

land and the palm tress are not Agriculture produce. Land and palm tress are fixed asset in the balance sheet.

Johnzhang

3,098 posts

Posted by Johnzhang > 2022-02-28 13:38 | Report Abuse

shiby,
I have already explain in above what is biological assets. For oil palm plantation, they are the unharvested/unripen FFB still on the palm trees.

FFB takes about 5.5 months from flower formation to become mature FFB. Oil synthesis in the fruitlets begin a couple of months before they are ripen for harvesting. As such, some plantation has the practice to book the CPO in those unripen/unharvested FFB between 1-3 months before the FFB ripen for harvesting.

In the case of THpLANT, it used to booked in advance for the CPO in the fruits that are 3 months before ripening/harvesting and therefore recorded higher biological assets (and hence profit in P&L) than those company who only book for 1 month before harvesting.

In Q4 2021, THplant change the accounting treatment to book for 1 month before ripening/harvesting which is in line with other company As a result, the company have to reverse the higher biological assets booked in previous qtrs and resulting considerable accounting loss in fair value change in biological assets .

Posted by shiby > Feb 28, 2022 12:13 PM | Report Abuse

hmm i am still holding.what is this biological asset mark down. can anyone explain?.

calvintaneng

56,628 posts

Posted by calvintaneng > 2022-02-28 15:42 | Report Abuse

Bplant crossed Rm1

Jtiasa crossed Rm1

Today Thplant touched Rm1

Johnzhang

3,098 posts

Posted by Johnzhang > 2022-02-28 16:19 | Report Abuse

Freefloat share is very small. Price should have big room to go up.
Based on avg realised price of $5,500 for FY2022, I estimated EPS to be 20 sen. Based on forward PE 15x, share price should be $3.00

maestro85

248 posts

Posted by maestro85 > 2022-02-28 16:42 | Report Abuse

calvin and johnzhang are plantation stocks gurus. respect.

Seven77

185 posts

Posted by Seven77 > 2022-02-28 19:11 | Report Abuse

Great thank you Calvin n John. Chun chun

Mabel

24,226 posts

Posted by Mabel > 2022-02-28 19:31 | Report Abuse

Indeed...Hohoho...

Meow Meow Meow

rr88

6,532 posts

Posted by rr88 > 2022-03-01 09:33 | Report Abuse

Game over. Cut loss now..

rr88

6,532 posts

Posted by rr88 > 2022-03-01 09:37 | Report Abuse

Fuk crazy mabel is here. Karim serba conman looking for u to fuk yr stupeeed ass.

icecool

5,043 posts

Posted by icecool > 2022-03-01 11:01 | Report Abuse

ride the bull

shiby

217 posts

Posted by shiby > 2022-03-01 11:09 | Report Abuse

Johnzhang .thank you for your explanation. informtive and concise.appreciate it.
Posted by Johnzhang > 21 hours ago | Report Abuse

shiby,
I have already explain in above what is biological assets. For oil palm plantation, they are the unharvested/unripen FFB still on the palm trees.

Johnzhang

3,098 posts

Posted by Johnzhang > 2022-03-01 13:11 | Report Abuse

CPO March hit $7750 this noon! All plantations are laughing to the banks!

Posted by warrenchok90 > 2022-03-01 14:39 | Report Abuse

so envy of you guys..... 10% profit in one single day

Icon 888

2,301 posts

Posted by Icon 888 > 2022-03-01 15:11 | Report Abuse

Good la.. chao

maestro85

248 posts

Posted by maestro85 > 2022-03-02 06:16 | Report Abuse

draught in argentina, brazil and paraguay is not getting any better

x_abe81

113 posts

Posted by x_abe81 > 2022-03-02 08:55 | Report Abuse

In route for RM1.50 by end March, RM2 when next Quarter Performance is released.

imvu

7,888 posts

Posted by imvu > 2022-03-02 11:32 | Report Abuse

kaunter ni senang senang hari hari boleh dapat 5 bid , jerung suka gorang goreng .

imvu

7,888 posts

Posted by imvu > 2022-03-02 12:11 | Report Abuse

fcpo merah pulak hari ni ? ekor atas ?

XenDee

177 posts

Posted by XenDee > 2022-03-02 12:17 | Report Abuse

Already reach my TP1 of 1.15 since my comment last. Will be releasing Tp2

maestro85

248 posts

Posted by maestro85 > 2022-03-02 18:23 | Report Abuse

ini tabung haji. Jerung diharamkan masuk

imvu

7,888 posts

Posted by imvu > 2022-03-03 11:11 | Report Abuse

hari hari ada turun naik turun naik , naik turun , naik turun naik

maestro85

248 posts

Posted by maestro85 > 2022-03-03 13:46 | Report Abuse

TP 1.5 by hari raya.

keuin

73 posts

Posted by keuin > 2022-03-03 15:25 | Report Abuse

everyday up few sen

keuin

73 posts

Posted by keuin > 2022-03-03 15:26 | Report Abuse

steady upward

imvu

7,888 posts

Posted by imvu > 2022-03-03 15:45 | Report Abuse

hari hari gap up , besok gap up lagi ?

maestro85

248 posts

Posted by maestro85 > 2022-03-03 15:55 | Report Abuse

3 days continuously up, down for one day and repeat. by Hari Raya TP 1.5

shiby

217 posts

Posted by shiby > 2022-03-03 19:03 | Report Abuse

finally catch up with Bplant price

calvintaneng

56,628 posts

Posted by calvintaneng > 2022-03-04 08:35 | Report Abuse

Thplant going back to its historical high of Rm2.45 and more

maestro85

248 posts

Posted by maestro85 > 2022-03-04 10:07 | Report Abuse

friday as usual time for profit taking for some. will rebound to a new high next week

maestro85

248 posts

Posted by maestro85 > 2022-03-04 15:05 | Report Abuse

nuclear war threat. all counters are red. asian markets down

maestro85

248 posts

Posted by maestro85 > 2022-03-04 15:42 | Report Abuse

buy now. do not miss the boat this time

imvu

7,888 posts

Posted by imvu > 2022-03-07 09:59 | Report Abuse

in out in out dekat thplant pun boleh buat untung .

imvu

7,888 posts

Posted by imvu > 2022-03-07 10:17 | Report Abuse

FCPO Trading Hours

Monday to Friday (Malaysia time)
Morning trading session: 10.30 a.m. to 12.30 p.m.
Afternoon trading Session: 2.30 p.m. to 6.00 p.m

Monday to Thursday (Malaysia time)
After-hours (T+1) trading session: 9.00 p.m. to 11.30 p.m

imvu

7,888 posts

Posted by imvu > 2022-03-07 10:27 | Report Abuse

tunggu fcpo open 10.30 pagi , sudah nampak nak buat rebound .

Johnzhang

3,098 posts

Posted by Johnzhang > 2022-03-07 11:40 | Report Abuse

Malaysia is Asia?s ?new gold ?amid market volatility -Modular
March 07, 2022 10:03 am +08
(March 7): Modular Asset Management will increase its already long exposure to ringgit-denominated assets as they are the new gold amid increased market volatility, said strategist Wai Ho Leong.

Resource exporters like Malaysia are the new gold. It is in a unique sweet spot, being Asia?s only net energy and edible oil exporter, said Singapore-based Leong.

It will start to stand out in stark contrast to Thailand, India and the Philippines, which are among the largest importers of oil, metals and food, Leong added.

imvu

7,888 posts

Posted by imvu > 2022-03-07 12:05 | Report Abuse

hari ni mengelupur orang dump , bawah seringgit sudah , 0.990 sudah murah ?

imvu

7,888 posts

Posted by imvu > 2022-03-07 12:09 | Report Abuse

petang rebound ..

x_abe81

113 posts

Posted by x_abe81 > 2022-03-07 12:22 | Report Abuse

Buy when others fear. Fundamental strong business wont go wrong. CPO price remain high.

Abba84

987 posts

Posted by Abba84 > 2022-03-07 14:22 | Report Abuse

Thp is going back t al time high.$2.45!trueor,false?
pric.struggles t stay abv.water
.1.0

maestro85

248 posts

Posted by maestro85 > 2022-03-07 14:32 | Report Abuse

@tabunghaji buy this stock if you want divident more than 3% this year. aduh simple mcm ni pon nak kene ajar ke

imvu

7,888 posts

Posted by imvu > 2022-03-07 16:00 | Report Abuse

limit down ?

imvu

7,888 posts

Posted by imvu > 2022-03-07 16:51 | Report Abuse

-15% hari ni

Posted by fazrulhanipah > 2022-03-07 17:00 | Report Abuse

terciduk ni, EP kat 1.04... FCPO naik. mgkin esok naik la kot.

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