judging by the fact that u can boast having a 10% gain in 2 weeks, we all know u r a joker. can u guarantee me that u can make 280% in a yr just holding that stock????
so how much did u pay for the or to get 0.68?? if u r buying the amount that u say u r buying, i dont think u can get that many @ 9 cents as the or price shot up the minute trading started.
all also can say.....many big small river in this forum.....lose dare not say, make a bit say make a few million.....show prove lah,if can. just key in buyers or sellers a lot then withdraw for us too see,no need just kaki kong kaki song
lol if fund size is big enough you won't bother to look at Calvin's picks. low quality illiquid penny stocks. maybe his fund is so little that liquidity does not bother him at all.
by checking on past info, u can know who is joking and who is not.
acceptance for mbsb or is more than 100%, meaning most holders r exercising their entitlements, thus their average cost price will be ard 0.89 and for those lucky to buy ors, the or price will definitely be above 0.2 since exercise price of 0.59 is below theoretical of 0.89, so the px average of 0.68 as quoted by @chongyu is not possible unless he managed to con someone into selling the or @ 9c.
the only time that one can get mbsb @0.685 is during the drop in end jul16 but as @chongyu stated, he bot mbsb thru the or, so his cost is definitely higher than his stated 0.68 by theoretical calculation.
I think should buy palmoil stock because it offer very good value.
However, i think we should pick palmoil stocks with good corporate governance like bplant, cbip and kim loong, these stocks offer good dividend while we wait for capital appreciation to come in.
A RISING TIDE LIFTS ALL BOATS SO RISING CPO PRICES PLUS RISING PRODUCTION OF FFB (fresh fruit bunches)
See the another confirmation by Swkplant's latest result:
Posted by calvintaneng > Aug 19, 2017 11:24 AM | Report Abuse X
Another GOOD SIGN that both CPO prices & production have increased
Review of Performance
Six months ended 30 June 2017 vs Six months ended 30 June 2016
The revenue of the oil palm operations increased by RM40.3 million to RM192.1 million in the current financial period compared with RM151.8 million reported in the corresponding period of the preceding year. The increase was principally attributed to the effect of higher realised average selling prices of CPO and PK and higher sales volumes of CPO and PK. The average selling prices of CPO and PK had increased approximately by 17.8% and 16.4% whereas the sales volumes of CPO and PK had increased by approximately 7.9% and 5.6% respectively for the current financial period.
The gross profit and profit before tax for the oil palm operations increased by RM24.7 million and RM23.5 million, respectively for the current financial period as compared to the corresponding period of the preceding year, in line with the increase in revenue during the current financial period.
Why do you waste time to analyse if my cost is really $0.68 or if I really hold 3.5 mil share of MBSB ?? All that really NOT your business as I have no intention to share my profit with you.
From this episode, I can see that you feel UNHAPPY to see people succeed and make money, be it small money. You feel UNHAPPY when you know people is "better" than you. This is sign of inferiority complex from psychology point of view.
You may still remember that I congratulated you for making $300,000/= profit a year base on $2mil capital (15% return). I mentioned to you that to achieve average 15% return on consistent basis over long term is really commendable.
So, don't get irritated when someone share the joy of making small profit. Be generous to share the experience and you will be rewarded along the way.
Calvin, Don't bother to explain as I was just pulling your legs. I think you really have some solid recommendation and more importantly you provided us the basis of your recommendation for us to further analyse. I like your Dutaland and JTiasa.
for someone who supposedly made a 100% profit in a year yet boast abt having an annualized 280% profit (based on a 10% gain in 2 weeks), u r a funny one, since no one will boast of such a minute return on penny stocks.
and by refusing to comment my analysis on the or, u have given the impression that u r plucking the figures from the air.
since u like to boast, u shld have boasted abt the mbsb, not duta. so we just exposed the dilemma of ur human nature.
Calvin, recently SGX Bumitama n Golden Agri reported their Q results. Great contrast. Bumitama with average palm age of 8.9 show spectacular result. A more than 100% q to q result whereas Golden Agri result drop q to q cause of old trees. Likely jtiasa will have spectacular q result in the oil palm sector as their average Palm age is lower than Bumitama? Hope the timber sector loss would not b substantial.
Posted by hollandking > Aug 21, 2017 12:00 AM | Report Abuse
Hi Mr calvin, sorry to trouble you. You have any Sg counters to recommend?
I have Singpost.
Lately price gone down due to its blunder in the US. So I took opportunity to add more. Singpost is a monopoly and Alibaba/Tamasek are Top Holders. So won't die.
I also like Old Chang Kay & BreadTalk. Waiting for cheaper entry price.
Ioi boss got 30% of Bumitama . He is very good in oil palm industry. With d latest q result stock move only 3%. If in Malaysia at least 30% up. Different valuation in spore.
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joetay
3,737 posts
Posted by joetay > 2017-08-18 22:05 | Report Abuse
@chongyu,
judging by the fact that u can boast having a 10% gain in 2 weeks, we all know u r a joker. can u guarantee me that u can make 280% in a yr just holding that stock????
so how much did u pay for the or to get 0.68?? if u r buying the amount that u say u r buying, i dont think u can get that many @ 9 cents as the or price shot up the minute trading started.