Indonesia’s decision to drop the 30% foreign ownership limit clause from the plantation bill passed is positive for Malaysian- and Singapore-listed planters as the new bill allows them to keep their existing stakes in Indonesian estates. However, the foreign ownership risk persists as the new bill allows changes in foreign shareholding limits to be made through government regulations. This uncertainty may slow down Malaysian planters' expansion in Indonesia. We maintain our Neutral rating on the sector, with First Resources as our top pick.
commodities prices such as oil price are cyclical. It goes down today and will rebound in the future. Share market this week will be red but it is also an opportunity to pick up good fundamental stocks. TSH is giving out bonus issue too :)
I see calvintaneng comments in BJ corp which is reasonable because he has been promoting it for a long time but why here in TSH? Investor can diversify and these two shares dont seem to be correlated. Not necessary to switch and buy.
anyone, pls xplain to me about bonus issue... new to this. am i entitle to receive if buy on the ex-date? when it can be exercised after ex date? the calculation:-
ratio: 1:2; mean if buy 1000 unit @ rm3 = rm3,000. after bonus issue: the price will be divided with 1,500 unit equal to rm2. is it correct?
bros steady, look at the compounding growth in production for the next 3 yrs and future assuming palm oil price up average 10~15% from now which is highly possible coz this is the low point. That's it. The rest you must calculate for you self. Cantonese says draw cartoon don't draw the vein.
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....
calvintaneng
54,936 posts
Posted by calvintaneng > 2014-09-10 16:07 | Report Abuse
LATEST NEWS FROM THE EDGEDAILY
MALAYSIAN PALM OIL INVENTORIES HAVE SURGED 22%!
THERE IS NOW A GLUT OF SURPLUS PALM OIL IN STORAGE.
1) IT INCUR HIGH STORAGE COST
2) AND PALM OIL CAN DETERIORATE IN QUALITY IF NOT PROPERTY STORED.
3) SO THIS WILL FURTHER PUSH DOWN PRICES
SHOULD HAVE TAKEN CALVIN'S ADVISE EARLIER.
NEVER MIND LAH. KPSCB STILL CHEAP. DO THE SWITCH NOW. DON'T DELAY ANYMORE!