RJ, everyone can give TP. And those with slightest intelligence can give valid justifications support their TP. BUT, I strongly believed richman who is a man of wisdom can respond n give his justifications…
Larry Flink { fund manager} said for long term investor should buy and hold investment{s} that brings in regular income receipts and potential capital gains over longer period of time during this period of time. Unwise to focus on short term
Any TP or forward ratio needs to have certain criteria and clarity. Specific research on foreseeable market demand, production or pricing vs other competing oiks have to be meaningful. Not just any prices pluck from thin air at your own fancy . Earnings, foreseeable PE ratio, yield, cash flow or sector earnings and outlook have to be seriously studied before coming out with any targeted TP. Not to mention disposal or potential gain on special land sale. What's their book value vs current market value. Not a buy call but my own personal view. Not forgetting your own risk ratio vs risk reward factor. My own TP price for BPlant ? Well I don't have a magic crystal ball to tell you the price { BPlant in the coming 3 or 6 months} . BPlant is for long term
@YU and Mee, now Calvin could be busy promoting other counters, he has forgotten his former sweet heart Bplant, no worry, he will appear when CPO hit 6000 a ton. haha
CHICAGO (Sept 12): Chicago Board of Trade (CBOT) soybean futures surged to their highest price since June on Monday (Sept 12), and closed near their highs, after the US government made bigger-than-expected cuts in its domestic harvest estimates.
Corn futures also hit their highest price in more than two months, following a reduced production outlook from the US Department of Agriculture (USDA).
This counter is for long term investment, don't choose the prices to slammed someone in short term, I bought 2 yrs ago for price 0.655 x 1000,000 share = RM655k, in last 2 dividends I already paid over RM100k, try to think yourself, if you got RM655k, what you can invest and get RM100k return within 6 months.
#Investment is in your own option, don't blame anyone if you cannot get profits or lost money, self study is very important.
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....
Johnzhang
2,955 posts
Posted by Johnzhang > 2022-09-02 06:33 | Report Abuse
Just beware of con man preying on retailers !