I already warned early about Jtiasa in my article and also after the recent results were released

Sad to say you wont even see rm1.00 by year let alone calvin taneng's target of rm3.00

If not just look at the charts

Jtiasa and subur tiasa are the worst plantation stocks to own...all those who have been in the mkt since the 1990s will tell u

All those stuck from 10 years ago must thank calvin...now new prisoners must serve sentence

Every once in a while it jumps to above rm1.00 and catches may inexperienced investors and lock them up for another 10 years

Right on Anthony! well said. Losing money is tough but with risk management it helps to take out the emotional side

Those who attack on no merit or just pure hate should be ashamed of themselves

@anthony...yes as long as we have pointed out his flaws in analysis our job is done. It's not personal or to get him like others do to KYY or OTB

no need to kick people when they are maximum down...as long as they repent

wow that's really overboard dude!

Buying TSH was just a trade targeting around the RM1.45 range. I really do not think we will see RM2.00 and above anytime in the near future. Just my opinion having been in this business for over 25 years

1st round I bought TSH was at RM1.09 and sold at RM1.70....I rebought at RM1.26 and RM1,21 but cut all at RM1.19 today

@vtrade..like I have shared in my previous blog post....CPO prices could have already peaked last month hence peak earnings. As for downside targets, there really isn't any sign of a bottom yet

stocks in Malaysia move very slowly so it's easy to react even without discipline...In the futures markets indiscipline will get u killed in a day

@Vtrade and Startofthebull.....Yes shorting the futures market is much easier then stocks. In the US markets as well since for stocks they have the uptick rule while futures you can hit the bid any time

Short CPO futures NOT TSH

cpo futures down another 2% today RM5465 only. Glad I am short and out of TSH

start of the bull... It wasn't directed at you

Can argue all you want blah blah IB fault la, Wallstreet fault la...but wrong must admit wrong

If market says we are wrong, don't argue. How do you know when you are wrong? when you lose 40% in 1 month if you bought at RM1.89

pity the blind followers....all in Amsterdam with no return ticket

JJPTR so clever 'clap clap clap' very chun chun you

cut loss whole position at RM1,19. Cost was RM1.23. Good luck to all left here but to me the price action is disappointing and I shall come back at lower levels

Mr Koon....full credit to you. It takes guts to write an article like this especially with so many harsh critics on I3. Thumbs up

Instead of saying he is wrong he deletes!

@anthony...unfortunately he tries to get away with some kndergarten logic that would never cut it in real finance

Anyways better not say no much...if not no more jokes to laugh at at happy hour

It is wrong to keep selling that idea to some who do not understand

Anyways as I have said insider buying does NOT guarantee price appreciation

Here there is a guru who wants to tell him he dumb dumb should buy only palmoil because his stock is finished...such arrogance

Someone asked tan sri lim why he still buys his shares back. He answers because he knows his company is solid and the price will go up

@Anthonytkh....finally see a really smart and honest guy in TSH forum! I was following your comments in the prestariang(Awantec) thread 2 years back and made 3X from that. Thanks a lot for sharing then. What stock do you really like in this carnage?

thumbs up for an honest report! Calls it as he see it and not like another

click on the chart you can also see that the highs could be in. We always look to the future NOT the past to price things

apologies...cost of production has gone up with the increaded fertilizer cost so its now RM1900 to RM2500

but there may not be profit growth QoQ as we enter the peak production period this quarter

but of course plantation companies will still have bumper profits as the cost of production(depending on size) is from the range of RM1600 to RM2200

canola down 9 % from recent highs soyoil down 12% from recent highs and cpo down 20% from recent highs. These are FACTS

CPO futures down 2.5% now...guess nothing to see in TSH today

oh well more entertainment for happy hour today

@calvin....no you are wrong to say average cost is 1,44 based on your simplistic calculation. Ask any stock market person and you know that VWAP is the right way not your 1 plus 1 divide by 2

@calvin...You have to use the Value Weighted Average Price(VWAP) to calculate his cost. It is closer to RM1.30 since the biggest volume was bought at lower prices and not RM1.79

baseless cursing and shaming without basis is disgusting. Go around other threads on i3 and you can see it all over. These are valid points raised and if you don't get it's either you did not take comprehension lessons or you are just another die hard koresh follower like so many

anyway TSH looks well bid at rm1.15 to rm1.17 worse case scenario

haha ya

Dow Jones Index turned down again...hope it wont be another blood bath in the US

great points you raised :))

Hi Donkeystock...yes this is really interesting. Actually nobody really knows how the markets will react should the war end one way or another. However interesting to note that Ukraine corn and wheat has started moving out from yesterday hence the drop in corn and wheat futures now.

no need instil FOMO please