Thank you buyers at RM1.08. Lock in 6% return on yesterday's 1.01 entry.

Slow slow collect 5-6% on weekly basis also good.

Take serba for example, even the numbers are "good" on paper. Something really smell rat is when everytime serba want to pay dividend, they will surely do RI/PP one.

Makes hundreds of millions, but NEVER have the money to pay investors from cash from operation. No one seems to know where the money goes one. Now KPMG exposed liao. We all know there were no money coming in at all. When u see counter like this, don't touch. Especially when you don't know where the money is coming from or going.

Another counter worth KIV is MFCB. Another odd counter. Business seems to be very good. Alot of cash. Alot of cash generate from operation. Paring down debts very fast also. But the price, die die don't want go up. I also wait until neck long liao. Don't follow me wait. I wait 3 years dy. No dividend.

Better wait here. At least, next 4 quarters also got dividend.

If there is sifu u want follow, u follow sifu coldeye fong siling.

Once upon a time, he holds 20mil Armada before 2018-2019. After Mac,20, his holding increase from 20mil to 30m - 40m shares at 12-15sen. By 2021, he sold everything bagging dunno how many millions.

His callsign fits his investing principles perfectly. Good numbers are good numbers. Bad sentiment with better price, BUY MORE. Sentiments will never change his investing decision. Damm cold.

Problem with other people. Numbers are good. But everyone say bo ciao si arrrrr. U also dumb dumb sell.
Numbers are bad, but people say tmr limit up. U also dumb dumb buy/hold.

----------------------------------
ImLearningFromSifu

Walao… RJ… now u are my sifu liao … hahaha

1 hour ago

Next time it hit above RM1.15, remember to take profit.
In bursaDeCasino, there is ALWAYS chance to buy again. As long as you cash in hand.

If you buy Serba, then you are in 6ft under liao.
-----------------------------------------
ImLearningFromSifu

Now pray pray tomorrow open eyes…. Palm oil price rise again… LOL… nite nite to all… :)

I also collect 1.06.

I think banks rerated bplant collateral value. Suddenly let me margin another 100k. I think we are in for a ride when market realize they can margin moreeee.
————————————-
brianklc
Lurker, u load more at 106 thn
8 hours ago

RJ87
Manage to collect 1.01. Thank u whoever that sell low.

Later have to thank whoever that buy high.

I agree that this applies to ordinary counter. E.g. 30sen counter drop to 10sen with NTA 25sen. Yes, rebound 20sen is very possible.

For scam counter facing multiple liquidation petition from multiple bogus asset/collateral?
difficult.
--------------------------------------------
rr88

0.095 sell order withdrawn. Today is a u turn 0.09/0.10 to 0.065 uturn to 0.085/0.095 by closing.

Tomolo will be initial up. The next day 0.12 to 0.15 again. Buy now you will make 70 - 100% profit.

Now technically oversold.

9 minutes ago

Short selling continue tomorrow.
Dont exit by 4.30pm today, stuck forever tomorrow.

Today and tomorrow no show la. Everyone go rats. See 2 weeks later.

Those that buy that morning lose money.

Those that sell and buy back that morning makes money.

It’s always a dilemma. Later sell already can’t buy back if it continues to go up.

Dumb dumb hold the best. No need headache.
_______________
brianklc
RJ, some that play contra lost lots of money on Monday. If u observe a few plantation counters, especially THPlant, suddenly got lots of haters within Monday itself. For me, well, 1st part of Monday is very nice, but for some, 2nd part of Monday is damn brutal.

Wrong question. If Monday happens u going to sell or miss the opportunity to sell the last time.

For me, money is hand is better than money on paper. You can always buy back.
————————————
brianklc
Pls stay calm, don’t let Monday repeat itself….
3 hours ago

when it’s materializes, it gonna be RM2 already.

For real, Rm 2.2 to Rm2.5.
______________________
dragon328

https://klse.i3investor.com/web/blog/detail/dragon328/2022-04-26-story...
3 hours ago

You might as well predict sun rise from the east and sets at the west tomorrow...

Kakakkkakakakakakaka
-------------------------------------
plantationgameover

?? clearly haters only choose to read the part they want to see. i mentioned after gap up will have sell down, now it happen exactly as i predicted kikiki. but dumb holders will not sell even if they have chance, because they prefer to cut loss later hehehe

1 hour ago

Those folk sold 1.24 this morning and buy back 1.20 already sit on 3% return.

To say don't sell is incorrect. To say sell also incorrect. Although I'm mostly bullish on plantation. I do take profit and buy back time to time. 20-30K shares each time while the rest sit there wait until FY23.

Look through the whole market, nothing offer good risk to reward ratio if compared to plantation.

U r like football commentator. Must be living a good life there.
________________________
brianklc
Profit taking ended at noon, buying interest will commence in the afternoon…
21 minutes ago

I’m not sure if listening to other sifu will go holland.

But if they listen to u and sell at RM1, they already at holland.

________________________
plantationgameover
if you listen to all these self-proclaimed "sifus" here then prepare to go holland soon.
Tomorrow plantation stocks will gap up because of the indo banning palm oil news, then big boys will use this opportunity to unload to all dumb retailers that chase the price. Big boys know FCPO will drop soon in May, they will take this opportunity to throw their shares at good price. If you still stubborn and don't take profit, then prepare to cut loss soon!! kikiki, just watch
16 hours ago

That time reduced interest, sec suspended IDSS and RSS.

Only thing u can do is buy and only 2 things to buy was tech and glove as all other sector under COVID threat.
————————————
s3phiroth
not everyone is bullish on palm oil stocks. If it was then the stock price already flied to the moon like what happened in glove and semicon stocks in last 2 years.
5 hours ago

It's not comparable between SG and MY as GDP revenue from different sector.

SG focused on developing high skilled human resources to provide niche and top notch services.
MY focused on manufacturing. In fact, most "no-skill" manufacturing and agri.

When u hv enough high salary singaporean anchoring the economy, everyone at the bottom benefits.
But here in Malaysia, the wealth is concentrated at the tauke. These minimum wage thing is to force T20 tauke to cough up some cash to increase salary of M40 and B40.

When we can provide lucrative Goods and Services to the market, we can increase the salary of M40. When we have 60% of the labour have enough salary, then it's not difficult for B40 to sell RM15 nasi lemak or charge RM200 per hour cleaning.

This sorzai have been saying this since 90sen. And it's RM1.10.
Don't be surprise to see him saying the same thing when it's RM2.

==========================
plantationgameover

buy more now, cut loss later. dumb retailers get trapped by promoters kikikiki!
already warn many times don't chase, this time it will drop below RM1 and never come back.
Who still dumb dumb hold cut loss later!

2 hours ago

this is the time the world stood still. =D

I got throw abit of my 1.10 entry…need to pay for KFC…

Next base RM1.25 before heading to the mid at RM1.6 before reaching RM2

Macam sarcastic je i3lurker. Jgn la jeles.

Should take both. Strong cash flow, big dividend with bullish technical chart.
==========================
stockraider

Forget about technical Chart loh!

Go for cashflow.....the on coming cashflow very strong mah!

Should invest loh!

1 minute ago

Dunno who jiak 500K shares and 300K shares one go.
Sick.

if he shorted since RM1, he is pissing in his pants.

if u want short. Short at RM2 la. Better chance to make money like how you short TG at RM25. Confirm win.
========================================
Ayambrand

where gameover? sembanggggggg

1 minute ago
========================================
brianklc

Niamah, gameover using new id n wake up so early

3 hours ago

Good chances its one of his kunco doing the writing.

Nvm…either way…

Dumb dumb hold. Come back see 2023.

That’s why I think my hope that bplant will reduce its debt after land sale is axed.

I personally rather bplant reduce its debts and save 10-15m finance cost.

That will improve bplant valuation way better than paying dividend.

Either way, as long got many to make is good for everyone.

================
brianklc
Yippy, yeah, let’s hoped for the best. Elections coming… more cash is needed to make LTAT contributors happy…

U can scroll all the way back to Dec when u even doubt the sale will follow through and you asked me not to place my hope too high not to be disappointed.

My stand always Rm430M landsale and 300M profit. My calculation always consistent.

Anyway, I made the calculation considering different kinds of hu ha. It still works out to be between 10-15sen. Likely 11-12sen dividend. This has been consistent since last Dec too.


brianklc
Y ur Q1 profit estimation is close to mine is because u assumed sales considerations as gain, but it gets offset whn u thought gain from sales are subject to corporate tax

if it 50k per hectare. Then, it’s worth mentioning. 50k out out of 430M.

No wonder I don’t bother remember.

brianklc
RJ, I did not make hoo ha, I just said the final consideration being adjusted down 50k, to me I just mentioned, n u asked for the announcement, which I gave u the link, though I don’t understand why u need supporting for such a small adjustment.

the size of the land area has been agreed by both parties and the final Disposal Consideration shall be RM428.77 million (compared to RM428.82 million as stated in the Announcement)

So the the cash consideration adjustment u making a hu ha about is 0.1M only or there is something else?

Did I put PAT 430M or 300M from land sale? If I’m putting 300M from land sale, then who is disagreeing with you?
————————————
Conclusion, there’s HUGE diff between CASH CONSIDERATION vs GAIN, there are cost of assets disposed…

I don’t think i can come out with unfair estimates. 10-15sen is my estimate. Most probably 11-12sen as I calculated.

PBT of 430M from Landsale, 135M from CPO (if you don’t mind BrianKLC, do share with me the news on landsale adjustment)

0.24* 100M = 24M, 0.33 * 430M = 108.9M, Total tax = 133M

PBT = RM 530M, after 133M tax, PAT 396M. Dividend is 0.6* 396M = RM240M

RM240M dividend / RM2464 * RM1.10 = 10.7sen

Let me check if land sale will also fall under 33% chargeable income for cukai makmur.

PAT from land sale after tax and expenses around RM300m (very give face liao lo this estimate)

PAT from Palm oil RM100M * (RM6000/4500) = RM135M

Total PAT around RM435M. Divdend RM435M * 0.6 = RM 261M

RM261M dividend / RM2464 * RM1.10 = 11.65sen

BrianKLC. 12sen is a reasonable estimate. Or u want to argue also like last time again?

By june, I probably collected 15sen from my 70sen investment. My aim is to 30sen dividend for FY,22 by next year Mac. If price maintains above RM4500 for FY23. I will continue to collect 4-6 dividend for FY23.

With capital of 70sen, collect 25-30sen dividend. If price can close RM1.5(I’m not even asking RM25-RM26 like glove did). I would hv gain 80sen capital gain and 30sen on dividen on my 70sen capital.

So, i will strongly suggest any newbie to make similar calculation before calling yourself investor. Else, u are just a gambler.

U follow enter at Rm1, u make 10%

u follow sorzai exit at RM1, u cut win 10%.

I can’t tell if it’s going to go up RM1.50 or drop back to RM1. But I know there is a 10-15sen dividend coming by June.
=======================
ImLearningFromSifu
plantationgameover haha aiyoyo.... tapi i really hope price can fly higher ma... or at least hold and dont drop ... hehehe i think today's plantation indices are affected by SIMEPLT... hope not affecting us here..
19 hours ago

Its okay. I guess im just lucky sometimes.

=================
brianklc
To be fair, what happen to CPO during Jan to Mar was unexpected including Ukraine war.
31 minutes ago

I mean to say, at least they have valuable things to sell unlike all the metal industry.

NTA sibeh high. But nothing from their asset can sell one.
===============================
nicholas99

so it want sell all lands and close shop?

7 minutes ago

For glove that time. TG RM26-27. Downside risk unlimited.

Newton's Law of Motion. Every action has reaction. Action that time for glove was ASP price shooting to the moon. The reaction was ALOT Dick, Tom and Harry jumping into glove manufacturing. 4-6 months to start glove manufacturing.

Now that covid is endemic, action is over. ASP price crumbling down. Reaction dominates and market flood with competition. What do you think will happen?

Same analogy for Plantation. Due to shortage, causing plantation price to soar. Reaction is Dick, Tom and Harry go plant palm oil and wait 3 years is it? Then you collect dividend for 3 years first. Plantation rally still in its first leg. At least collect your full year of dividend first.

Last time gloves goes to the moon because SC ban IDSS and RSS. Only thing market can do is buy. And only thing to buy then was glove. If SC do the same now. Don't be surprise to see bplant at RM3.

Criteria to jump onboard was CPO breach RM3000. Bplant valuation around 1.5B to 1.7B.
Land sale 2K hectare for 400M. Bplant has 91K hectare. Only need to sell another 8K hectare for 1.6B. Land banks alone worth more than it's market cap.

With this 2 combination, but downside risk is quite limited at 60-70sen. (Just in case u think I sinkalan, u can scroll all the way back to Nov and Dec to read the exchange between me and brianklc. I say RM1.20 easy. He say don't place your hope too high)

Now I have exit criteria already. But I will update you guys once I execute it.

If you buy May,2020. U take profit at Dec, 2021. You are rich.

Everything has it's cycle. Stock bubbles is like ponzi scam. U need to know if you are early bird or late comer.
If you are late comer, then it's import for you to observe your TP/CL rule. If you are early bird bird. Just let it run.
-------------------------------------------------------------
ImLearningFromSifu

lost a lot already......especially at glove counter.
now scare scare... only using balance fund carefully....
last time i very stup|d... always chase high....

Then you are observe cardinal rules of investing. "Don't lose money" =D
------------------------------------------------
ImLearningFromSifu

Boss... i making nasi lemak + teh ice only...hahaha

RJ87

Good. Then can make KFC together

16 minutes ago

Good. Then can make KFC together

------------------------------------------
ImLearningFromSifu

sure it is... im also holding although im only a "micro-dust" sized compared to you all here. haha

47 minutes ago

Bplant very good to me today got C buy from me at RM1.14 and got A sell to me at RM1.10
It's not alot. But enough to sponsor me KFC la.

Probably a newbie and always makes reference to gloves.

If he has been around any longer, he will hv plenty of better examples and wouldnt start shorting at RM1.

————————————————-

brianklc
RJ, just wonder how u know this gameover is the same axxhole from TG?
2 hours ago

plantationgameover shorted. He is pissing in his pants. Ask him come short sell at RM3 lok. But he die die come at RM1. See him die kiao kiao. Also pity him.

Other believer, congrats. More to come in May.

Good! Increased liquidity. Sharks smell blood and time to goreng!

—————————————

rusliasas
ltat is continuing selling on strength....
2 hours ago

Top my @ss! Looking at ur pattern. Follow u? Buy TG RM1.5 sell RM2.5. Cut win cry until tears dry when TG up until RM25. Dulan until now is it?
_____________________


plantationgameover
but all these people lost money while plantationgameover sell at top and make so much money ma! so moral of the story is follow plantationgameover and dont get trap by promoters ma!

Plantationgameover by end of May, it closes below RM 1, I call u sifu! Else, u call me sifu.