Posted by calvintaneng > 2 months ago | Report Abuse

Yes excellent indeed
A good healthy tree bears fruit
A healthy company give good dividend like Thplant now

Posted by warent > 2 months ago | Report Abuse

over sold, tomorrow up

Posted by gohkimhock > 2 months ago | Report Abuse

this Jurong lapsap with almost all his recommended plantation counters reporting Holland results..

Posted by calvintaneng > 2 months ago | Report Abuse

Thplant versus Kgb

Thplant 2 sen dividend
price 72 sen

dividend is 2.7%

Kgb
dividend 2.5 sen
price is Rm2.41
with all the hype, hooha and fanfare plus media support the stark fact is only a 1% dividend ???

Posted by gohkimhock > 2 months ago | Report Abuse

Now you trying to talk dividend yield (DY) here. When almost all your recommended plantation counters posted reduced profit, the share price will go down for sure. When the share price went down, even a small dividend per share (DPS) will give a high DY. Is this the main reason you “invest” in KLSE? What a joke!

Posted by Ytl2023 > 2 months ago | Report Abuse

Thplant plant already increase from 50 plus cent. What else u wang some more. See debt so high. 2 cents already more than enough.

Posted by calvintaneng > 2 months ago | Report Abuse

I rather invest in real company doing real business with real dividends

Now Fcpo is over Rm3900
per MT

All upstream palm oil companies are doing fine like Innoprise plant , United Plant , Genting Plant, Tsh resources also good if you see it's balance sheet
hs plant cash increased and Taann also good if you understand it's biological assets mark down and write-off

all these are still making good profits as long as Cpo above Rm3500 as cost of Cpo production as low as Rm2000 Mt

and we are already invested in palm oil companies since year 2021

from there we see success (real one)

Ijmplant was Rm1.86
Klk took Ijm plant private at Rm3.10
a 🏆

Bplant was 57 sen
Ltat took it private at Rm1.55
another trophy 🏆

Jtiasa was 63 sen
now Rm1.18
the profit of Jtiasa is real ( Cash)
not receivables (ioi)

we warned about Serba in year 2021 due to "apparent good surface" results but the balance sheet only show High Receivables (iou)
and many opposed us and said
if Calvin say sell you must buy"
Serba is 2 sen now

Thplant we see immense assets just like Thplant and therefore another candidate for privatisation
these are true facts all in i3 forum can check and double check

Posted by pujut > 2 months ago | Report Abuse

Tq everyone for selling pls go down more

Posted by chopstick > 2 months ago | Report Abuse

Thanks Calvintan , when you mention about THplant 55 cts i buy and i sold for 85 cts . those who keep tambak here and there just like tin kosong just like GOHKIMHOCK

Posted by Hush77 > 1 month ago | Report Abuse

strong rebound

Posted by warent > 1 month ago | Report Abuse

land, land, lands......plantation, plantation, plantations......TDM, JTIASA, THPLANT.......

Posted by Hush77 > 1 month ago | Report Abuse

compare to jtiasa this is half priced.. so some retailers would feel that thplant shares are cheaper and more affordable..
hahaha

Posted by warent > 1 month ago | Report Abuse

jtiasa, tsh, thplant, are almost equally good, at the end, they will have almost same market capital

Posted by KingKoil > 1 month ago | Report Abuse

Top up top up..Mari Mari mari

Posted by HaroldHuong > 1 month ago | Report Abuse

Windy day

Posted by Hush77 > 1 month ago | Report Abuse

thplant is profitable and still trading below NTA......and it has various plantation assets as mention by calvin..
so, it might also be an attractive target for bigger plantation co....

Posted by calvintaneng > 1 month ago | Report Abuse

IF PALM OIL COMPANIES WILL GIVE OUT CONSISTENTLY HIGH DIVIDENDS: THEIR SHARE PRICES WILL RISE LIKE KLK, UTD PLANT OR INNOPRISE PLANT, Calvin Tan

https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2024-03-08-story-h-186603663-IF_PALM_OIL_COMPANIES_WILL_GIVE_OUT_CONSISTENTLY_HIGH_DIVIDENDS_THEIR_S

Posted by calvintaneng > 1 month ago | Report Abuse

Fcpo real time
Rm4,110

Posted by calvintaneng > 1 month ago | Report Abuse

Fcpo Rm4,110 for Thplant is like?

Malaysia winning Thomas Cup 🏆

Posted by Hush77 > 1 month ago | Report Abuse

i think thplant is as good as jtiasa...landsize of >200k acres...quite similar..
a good takeover target for the big boys...who can better replant and extract the palm oil....

Posted by Skyliew1919 > 1 month ago | Report Abuse

Thplant total how many aces land where see

Posted by calvintaneng > 1 month ago | Report Abuse

Thplant got 240,000 acres

See

https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=224453&name=EA_DS_ATTACHMENTS

Under Property owned by Thplant

1 hectare is 2.471 acres

Posted by Skyliew1919 > 1 month ago | Report Abuse

Thanks calvin

Posted by ChloeTai > 1 month ago | Report Abuse

Dear Calvintaneng, which plantation stock is target for privatisation?

Posted by Albukhary > 1 month ago | Report Abuse

Based on my own research, SUBUR is the best target for privatisation. As the share price and the NTA has enough room to create a win-win privatisation for both Acquirer and Seller.

Current share price : RM0.89
NTA : RM3.50

If the Acquirer offer RM2.20, I believe most of the minority shareholder will accept the offer, as there is a handsome profit of RM1.30.

Same for the Acquired, the NTA of RM3.50 vs RM2.20 offer price, there is also a gain of RM1.30.

Posted by calvintaneng > 1 month ago | Report Abuse

ChloeTai

Which will be the next palm oil stock to be taken private?

Bplant was taken private at Rm1.55 by Ltat

Fgv was given Rm1.30 to be taken private by Felda but failed

Next one most probably Thplant as it is owned by Tabung Haji

Ltat, Felda and Tabung Haji all are Govt Glcs

But taken private means no more future growth opportunity for Investors

Better stay listed

And the best buy now is Tsh Resources

Bought Bplant at 57 sen in 2021 and Ltat took private at Rm1.55
Bought Thplant in year 2021 at 47 sen. Now 75 sen
Bought Tsh at Rm1.09. Now only Rm1,13
That means Tsh is a laggard and lots room more to go higher

Posted by Skyliew1919 > 1 month ago | Report Abuse

High chance coz need money dividend

Posted by daretocutandchange > 1 month ago | Report Abuse

assets held sale if get approved ,maybe by that times is show time

Posted by warent > 1 month ago | Report Abuse

all the plantation companies in klse are more or less undervalue, except utd. plantation. but utd. plantation had set a very good example.

Posted by speakup > 1 month ago | Report Abuse

Cannot compare with Utdplnt lah coz Malaysian funds put premium to kwai loh companies like Utdplnt, Nestle, Allianz. As if locals are incapable

Posted by warent > 1 month ago | Report Abuse

the last chance to buy plantation companies with more than 200,000 acres, while still cheap. jtiasa, tsh, thplant, don't know which one to pick, quite headacre !

Posted by calvintaneng > 1 month ago | Report Abuse

Which one to pick
Easy as A, B & C

Put 20% in Jaya Tiasa
Put 30% in Thplant
Put 50% in Tsh resources

Posted by calvintaneng > 1 month ago | Report Abuse

Real time Fcpo Rm4183!

Posted by calvintaneng > 1 month ago | Report Abuse

Very happy evening all

We have selected RSawit to replace Bplant in Top 10 Palm oil Picks

RSAWIT (5113) A Palm Oil Turnaround Due to High Cpo over Rm4,100 MT Plus Very Very Undervalue Assets that are Easy to Liquidate for High Profits, Calvin Tan

https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2024-03-13-story-h-186459631-RSAWIT_5113_A_Palm_Oil_Turnaround_Due_to_High_Cpo_over_Rm4_100_MT_Plus_

Posted by SCM2023 > 1 month ago | Report Abuse

calvintaneng, i sold off my Dayang on 12th March and purchased THPlant following your analysis. Hope i gain more from THPant but yesterday alone lost Dayang opportunity cost of RM0.13

Posted by EngineeringProfit > 1 month ago | Report Abuse

Can claim back from Calvin corp, why worry? 0.13- only right?

(That time, I sold THplant to buy Dayang- earned profit$ ....hehe- you were they buyer lah at that time)

Posted by AhHuat168 > 1 month ago | Report Abuse

the stock might go further down, watch out

Posted by calvintaneng > 1 month ago | Report Abuse

The stock?
Can also suddenly go limit up if Tabung Haji announce a takeover

Posted by newbietrader9 > 1 month ago | Report Abuse

dip a little more & I'm in

Posted by newbietrader9 > 1 month ago | Report Abuse

0.8 should be achievable

Posted by AhHuat168 > 1 month ago | Report Abuse

told you guy already, this stock will go further down, may be due to recent CPO price going down

Posted by calvintaneng > 1 month ago | Report Abuse

Cpo still over Rm4200

Even if Cpo at Rm3500 Thplant making good money

Thplant used to have low cost of Cpo at only Rm1,463 per ton in those days
Now with high fertilizer, sukuk loan and labour its cost has gone near Rm2500

But fertilizer cost has come down and so profit will go up
Thplant has started to increase dividend which is a good sign

Posted by Johnzhang > 1 month ago | Report Abuse

FY2024 is likely to see quick significant improvement in Profit .
Reasons are :
(1) Revenue will increase by double digit arising from higher FFB production and higher realizable selling price .
(2) higher fair value gain compare to 2023
(3) lower cost of production due to 50-60% drop in fertilizer and pesticides prices

Posted by Johnzhang > 1 month ago | Report Abuse

Significant improvement in profit will drive share price substantially higher .
All you need is conviction and patience for 9-12 months.
Just my view .

Posted by Johnzhang > 1 month ago | Report Abuse

When THplant makes substantially higher profit, you can be sure that dividends will be correspondingly higher . Lenbaga TH needs as much dividend as possible to even sustain 3% interest payments to its depositors . Same case like Bplant before .

Posted by Johnzhang > 1 month ago | Report Abuse

CPO spot month closed at RM4,462 today !

Posted by miracle_trader > 1 month ago | Report Abuse

also if you see the latest annual report, the CEO said they r open to the possibility of unlocking value of their plantations. anyway, dun want to reveal much more, let those ppl continue sell, i will buy more.

Posted by SCM2023 > 1 month ago | Report Abuse

Will this company end up being taken over likes Bplant?

Posted by AhHuat168 > 4 weeks ago | Report Abuse

tomorrow dividen ex date, most likely will go down again?

Posted by Johnzhang > 4 weeks ago | Report Abuse

If there is plan to unlock the value of its assets, the controlling shareholder will likely privatize it.