Better avoid this counter. Just imagine the Director and family member of this company selling in open market as low as 15 sen. This company already in “ICU”, waiting for bank to take action..
Prices of palm oil could climb in the next three months with the biggest global producers Indonesia and Malaysia likely increasing bio-diesel content in automotive fuels, constraining supplies of the commodity to the food industry.
Also, oilseed crop damage due to heavy rains across the country has pushed up prices of edible oils in the past few weeks
In addition, China has bought significant volumes of palm oil ahead of the Chinese New Year. This, too, has firmed up prices.
The cutback in fertiliser application in 2018 is also impacting output this year. Production of crude palm oil fell 11% last month from October to 1.61 million tonnes, according to the survey, the lowest since June and the weakest for the month since 2016. November production usually averages at about 1.75 million tonnes.
09-Dec-2019 Insider TIONG TOH SIONG HOLDINGS SDN. BHD. (a substantial shareholder) disposed 1,300,000 shares on 06-Dec-2019. 09-Dec-2019 Insider TIONG TOH SIONG HOLDINGS SDN. BHD. (a substantial shareholder) disposed 200,000 shares on 05-Dec-2019. 09-Dec-2019 Insider TAN SRI DATUK SIR DIONG HIEW KING @ TIONG HIEW KING (a substantial shareholder) disposed 1,300,000 shares on 06-Dec-2019. 09-Dec-2019 Insider TAN SRI DATUK SIR DIONG HIEW KING @ TIONG HIEW KING (a substantial shareholder) disposed 200,000 shares on 05-Dec-2019. 09-Dec-2019 Insider MR TIONG KIONG KING (a company director) disposed 188,200 shares on 06-Dec-2019. 09-Dec-2019 Insider MR TIONG KIONG KING (a company director) disposed 200,000 shares on 05-Dec-2019.
Land bank 94k H, planted area 49k H, FFB production avg 35k monthly. Idea production FFB should 70k monthly. Why production yield too low? Who can explain?
The cheapest plantation stock with strong recovery in earnings has been spotted by savvy investors. Can expect this stock to hit 0.55 - 0.60 before consolidation sets in, cheers.
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....
Radzleey
6 posts
Posted by Radzleey > 2019-12-06 16:25 | Report Abuse
Yaaa plantation, technology and properties is most gainer. Thanks bro