nonsense is still nonsense, so why share?

since when do individual directors have any say in what the share price is?

still made losses in 4Q!

ok

I knew this was coming

not 0 la, got 1 interest. Damien88 always posts here

I dunno about you all but I am waiting for the latest blog post by KYY to tell me why I should con-lan-firm, definitely, dun-play-play buy AYS again now that its almost 70 sen

i think for most of us the issue is not that he wants to promote any single counter. The issue is that he go on other forums and sh*t on the counters for no reason. Until Uncle OTB go and scold him gau gau in the other forum

I want to promote a boxing match between Intrinsic99 and calvintaneng, anyone interested to watch? PPV RM10 only...

the name literally cannot go wrong!

@ahbah why you no run for DUN in Gambir anymore?

haha uncle bring out the rotan de

Haha Mikecyc i like your sense of humor

Haha why everyone keep laughing when they post

That's fair. 17 months as PM still more than other people hor

He sked

Aiya PN17 can last for years. Look at MAA, PN17 for 10 years until March 2021

something is brewing is this company what?

https://tenor.com/phk2.gif

some of you all sound like first time losing money in an IPO.

good job guys!

https://www.klsescreener.com/v2/news/view/940699/chicken-and-egg-prices-up-over-13-y-o-y-in-december-dosm

why do i need to join the whatsapp group if every morning i see 5-10 forum posts by calvintaneng on palm oil...

Don't know if you're gonna be right or wong

lagi no brainer that stock market can't rebound if it's closed....

Tomorrow public holiday la dei

https://www.thevibes.com/articles/news/51859/10000-chickens-die-in-fiery-blaze-on-sarawak-farm

I like the way he thinks, though.

of course not....

you called?

Adoi...

is it me you're looking for?

Ya Calvin this half past six analysis neglects to mention the vast difference in the PRODUCTIVITY OF SOP AND UTDPLTS ESTATES. SOP yield per hectare was only 16.58 in its FY2020 whereas UTDPlT was a vastly superior 26.65 indicating much better estate management.

This indicator in itself will explain such a huge discount to SOPs price to book value. If a company is not leveraging its assets well, why pay any premium to it?

@sslee bondholders can only sieze assets if the borrowing is secured. otherwise they will have to line up with the other unsecured creditors to claim back their money via liquidation of the company

BREAKING NEWS

still suspended

@bulldog must be hard to find trousers to buy with balls that big

getting delisted la boss

Thanks, Mabel. I'm sure that will affect the trading direction of a counter that's been suspended for over a month.

Funds don't buy 1 to 10 lots la they transact in hundreds of thousands to millions. You can see the number of transactions in any stockbroker app.

It is now 2.49pm - total value transacted = RM62.35mil, total transactions = 5,112. Average value per transaction? About RM12k. What kind of institution buys in that kind of value?

Rm52mil in half a day is damn small la.... this counter has been averaging RM200-300mil daily value traded. Yesterday hit RM1.0bn because funds were rebalancing their portfolios for the upcoming change in KLCI

Team001 have you heard of commas and full stops?

who is tyson?

Lolll shareholders approved the sale of the cash cow. No wonder people are upset

i don't need to wait. i don't hold this counter

you cannot apply this kind of half past six analysis comparing two completely different businesses. JTIASA = pure planter of CPO, IOI is integrated upstream and downstream from planting to oleochemicals and specialty fats.

IOI's plantation results were solid, +50% operating margin. Most of their CPO is sold as feedstock to their downstream segments, which cannot pass on the increased feedstock prices to buyers, hence profitability was dragged by the downstream.

What was JTIASA's operating margin (palm oil only)? Less than 30%. That tells you all you need to know about their ability to manage palm oil estates. I've said it before, they need to sweat their assets more.

JTIASA missed the golden opportunity of once in a lifetime bull CPO market. Every other planter that is semi competent at running their plantations is reporting 2x - 3x profit. This joker can barely sustain y-o-y performance. Thats all.

Then that's even worse

Lol EPS increased q-o-q but fell y-o-y

i try to educate lo. instead of just blaming "sharks" or "operators"

@moneySIFU it is not fair to blame management for fair value losses on futures contracts.

As planters you do your best to hedge against future movements of CPO - at the time of hedging TSH probably looked at record CPO prices and decided to hedge with a view that it could go down (instead, and unexpectedly we hit a new record high of 5k per MT).

Fair value losses can come about when a planter has hedged at one price but prices move higher than expected, resulting in unrealised (foregone) profits. If this were the inverse, and CPO prices came back down to earth would it be fair to praise their management?

It is simply best practice to lock in prices (and profits) wherever possible to minimize volatility

what's fishy, Tesla? share with the class