KLSE (MYR): TAANN (5012)
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Last Price
4.09
Today's Change
+0.01 (0.25%)
Day's Change
4.03 - 4.12
Trading Volume
368,300
Date | Type | Old | New | View |
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Public Investment maintained an “outperform” call with a revised target price of RM4.88 on Ta Ann
CGS International maintained an “add” rating with an unchanged target price of RM5.50, highlighting Ta Ann’s strong balance sheet and attractive dividend yields.
CIMB Securities maintained its “buy” call on Ta Ann with an unchanged target price of RM4.60, citing the stock’s attractive 6%-8% dividend yield.
All three research houses remain positive on Ta Ann’s long-term prospects, driven by strong performance in the plantation segment and potential recovery in timber production starting from July.
They also like the stock’s attractive dividend yield and potential for unlocking value. They also noted the higher payout ratio as another key positive factor.
2024-08-27 12:21
TAANN has been good and I think is still a very decent business on the verge of breakout.
However, I am committed to divesting 40% of my local Bursa position from now till FYE 2025.
It's a tough choice, but thank-you TAANN!
https://klse.i3investor.com/web/blog/detail/DividendGuy67/2024-10-02-story-h470196663-TAANN_Thank_you_for_26_per_annum_returns.
2 months ago
Dow Jones
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42,156.97
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Nasdaq
NASDAQ Composite
17,910.36
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1.53%
2 months ago
Probably good dividend. Cpo price is moving north, due to the monsoon and rain
2 months ago
Dow Jones
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42,950.39
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0.75%
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18,399.18
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2 months ago
Posted by mf > Oct 21, 2024 11:22 PM | Report Abuse
Dow Jones
Dow Jones Industrial Average
42,950.39
-325.52
?
MF = AKA (Bernie) Madoff Funds
2 months ago
Decoding the windfall profit levy conundrum in the palm oil industry
https://theedgemalaysia.com/node/728564
1 month ago
Indonesia to implement B40 palm oil biodiesel on Jan 1, 2025, official says
JAKARTA: Indonesia plans to implement biodiesel containing a mandatory 40% blend of palm oil-based fuel from Jan. 1 next year, senior energy ministry official Eniya Listiani Dewi said on Thursday.
Indonesia currently has a 35% mandatory blend for palm oil-based biodiesel, known as B35.
The government had previously flagged a plan to increase the biodiesel blend to 40% next year, without specifying a start date.
"There is no issue in terms of supply volume and other aspects, so we are ready for a mandatory (implementation)," Eniya told Reuters.
When implemented, the B40 mandate could increase biodiesel consumption to up to 16 million kilolitres (KL) next year from a forecast of 13 million KL this year, the energy ministry has estimated. - Reuters
1 month ago
棕榈油创新高原因,主要是受主产区产量下滑,以及两大主产国的政策调整支撑,这其中印尼重申2025年1月开始执行B40政策,以及马来西亚11月将开始调整棕榈油关税等措施,这些因素对棕榈油价格走势影响比较深远。
1 month ago
Can some kind soul translate enning22 comments into English, could be interesting.
1 month ago
油世界预计2024/25年度全球植物油供需紧张,价格看涨
"industrial magazine ,Oil World ,expects a tight global supply-demand balance for vegetable oils in the 2024/25
season, with prices likely to rise."
马来西亚棕榈油出口关税将从近期的8%提升至10%,关税的提高将进一步增加入口国棕榈油的进口成本
"Malaysia's palm oil export tax will increase from the recent rate of 8% to 10%. This tax hike will further raise the import costs of palm oil for importing countries."
please use CHATGPT to do any translation, very accurate
1 month ago
great changes in one day, palmoil price move up nearly 170 ringgit in a day.near by delivery month to 4900 rm, a ton.
1 month ago
Enning, present Indonesia stock is 2.5 million tons. 2025 from B35 to B40 will use up 3m tonnes. With no increase in production, end 2025 stocks will be zero! Is this the main reason cpo prices shooting through the roof?
1 month ago
Oil World ,expects a tight global supply-demand balance. in particular , other oils ,like sunflower oil ,rapeseed oil also low in supply.
--end 2025 stocks will not be zero! . with high price in place ,demand will switch to other oil , like soyabean oil .
1 month ago
Thanks enning22, your analysis succinct.
Yes cpo will do well.
Just pick the well managed companies.
1 month ago
目前,大安的原 棕油 油生产成本目前降至每吨1900至2000令吉,相比年初有所回落,主要归因于化肥价格的下降,以及原棕油产量增加。
Wah! Lucrative profit!
1 month ago
HS PLANT (5138) EXCELLENT RESULTS CONFIRM BUYING PALM OIL UPSTREAM SHARES IS THE BEST WHEN CPO PRICES ARE HIGH, Calvin Tan
https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2024-11-21-story-h474695872-HS_PLANT_5138_EXCELLENT_RESULTS_CONFIRM_BUYING_PALM_OIL_UPSTREAM_SHARES_
1 month ago
Dow Jones
Dow Jones Industrial Average
43,214.27
-54.67
0.12%
Nasdaq
NASDAQ Composite
18,840.50
-146.96
0.77%
1 month ago
Prospects for the Current Financial Year
The Group remains committed to ongoing improvements in operational efficiency across both its Timber and
Oil Palm divisions. However, the persistently weak market demand for timber products has resulted in
relatively low prices which continued to place pressure on the profit margins in the timber segment.
On a positive note, the recent crude palm oil (CPO) prices have surged above RM 5,000/mt, the highest level
since July 2022 enabling the Group to achieve an improved profit margins in its oil palm division.
The global economic outlook is expected to stabilize following the recent developments including the elected
Donald Trump as President of the United States. His campaign commitments to end conflicts and foster
economic recovery may help restore confidence and drive global market growth. In this context, CPO prices
are projected to remain robust through the end of the year.
The Group will maintain its focus on operational efficiency and cost management to sustain competitiveness
and profitability.
Barring unforeseen circumstances, the Board of Directors is optimistic about delivering a satisfactory
performance in 2024.
3 weeks ago
Second interim single tier dividend of 20 sen per ordinary share
Ex-Date 06 Dec 2024
Entitlement date 09 Dec 2024
Entitlement time 5:00 PM
Financial Year End 31 Dec 2024
3 weeks ago
Jakarta. Chief Economic Affairs Minister, Airlangga Hartarto, confirmed that the country will officially implement the B40 biodiesel program starting January 1, 2025. The palm oil-based biodiesel is expected to reduce carbon dioxide (CO2) emissions by up to 40 million tons annually.
“We are committed to starting the B40 biodiesel program on January 1, 2025,” said Airlangga during a press conference at the Council of Palm Oil Producing Countries (CPOPC) Ministerial Meeting on Friday.
The Minister also revealed that the government has agreed to increase the national palm oil production quota to meet the B40 program’s needs.
“With the current scheme, the Palm Oil Plantation Fund Management Agency (BPDPKS) is ready to provide funding to cover the price gap between crude palm oil (CPO) and diesel fuel,” he said.
3 weeks ago
All plantation companies will report historical record profit - Koon Yew Yin
https://klse.i3investor.com/web/blog/detail/koonyewyinblog/2024-12-13-story-h476572865-All_plantation_companies_will_report_historical_record_profit_Koon_Yew_Y
1 week ago
Stock market today: Dow slumps 1100+ points as Fed's hawkish outlook downs stocksInvesting.com - The Dow slumped more than 1100 points Wednesday, after Federal Reserve delivered a quarter-point rate cut, but halved the number
3 days ago
Johnzhang
With drier weather conditions since July, Ta Ann Holdings reported significant improvements in its timber sector, with increased production volumes of logs and plywood.
However, the group anticipates that timber product prices will continue to yield only modest profit margins.
The group’s palm oil production is on an uptrend coming into the second half of the year, with the fresh fruit bunch production cycle reaching its peak.
“With anticipation of tight supplies of vegetable crops due to dry weather in the Black Sea region as well as higher consumption of biofuels in diesel in Indonesia, crude palm oil price is expected to hover only at current level in the second half of the year,” the group said.
2024-08-27 06:05