Booyeah well said.. cbip indeed is another undervalue plantation counter 02/09/2017 15:27
Yes, I like CBIP more because of these 3 factors
1) CBIP has the defensive invention & patent rights to "MODIPALM". This will be an unassailable mode for all its conquest all over the world where oil palms are grown
2) Its Cash Position with Increasing Revenue from multiple streams of income like Modipalm, Maturing Oil Palm Estates in Indonesia & other Investments.
3) Its Double Digit Growth Rates are exceptional among Plantation Stocks
now we all know that @calvintaneng has no knowledge at all of the futures market.
traders/investors use the active month as benchmark.
we can not expect much from an idiot who cant even quote soybean oil correctly.
let me teach u a thing or 2 abt the futures market.
for wti, the active month is the spot month while for cbot sbo dec, it is usually based on the harvesting month.
thus wti oct is only usd47/bbl and cbot sbo usc35.7/lb.
get the correct active month fist b4 u start talking bs again.
and for ur backward info, there was only a very brief shutdown in drilling while on the downstream refining on the coast was the only one severely affected.
so stop talking bs and expose ur lack of knowledge on the commodities market.
u really need to be embarrassed by me once a day, or else u dont feel comfortable.
shareinvestor88 Dear Calvin your analysis on Innoprise ? 03/09/2017 09:21
Shareinvestor88,
I went and took a brief look at Innoprise. And these are some findings
1) Innoprise is a well managed company.
2) Although revenue has decreased from last year the profits have surged due to better CPO prices.
3) Its business partners are TSH & Wilmar. To which Inno sold most of its products. Very stable.
4) Receivables are collected on time. Another plus point.
5) Almost 95% of Inno shares are owned by Top 30 shareholders. So only 5% freefloat
6) All things about INNO is positive. Its gross profit is over 50% & net profit over 30% for latest quarter. Excellent.
Only thing I think I will caution you is its price. INNO has gone up by 100% these last 2 years. So INNO is not cheap.
Is INNO still a buy? If INNO can still grow exceptionally like the last few years then it should be Ok. For INNO to prove its growth - Its record run must be sustainable
Say Soy Oil is at 35cents/lb, that is around RM3300 per mt.
But historically Palm Oil is trading at average 15% discount from soy oil, so palm oil fair price should be RM2800.
Why is palm oil trading at 15% discount? Malaysia and Indonesia did not do enough marketing / promotion? I don't know the answer.
Is soy oil cheap at 35 cents/lb? Yes, last time soy oil price has ever gone up to higher than 50 cents/lb.
But then, that time the crude oil price was much higher, and people in the advanced countries, they use a lot of machinery in plantation, the cost of production was higher due to high crude oil price.
how many times must i bring up the fact that montana doesnt produce even a stalk of soybean and that dry weather is a normal weather occurrence during this time of yr for northern usa.
yet this so-called agricultural expert still bsing this drought story.
Producers in the Yellowstone Valley in northwestern North Dakota/northeastern Montana already grow soybeans as a rotational crop because there is guaranteed irrigation, but producers in dryland areas have started growing it, too.
thus, i m not wrong in saying not a single stalk of soybean is produced in montana.
so where r ur numbers for claiming montana is a soybean growing state except for a few old academic articles????
i alrdy exposed u as a fraud by using usda numbers and montana agricultural review in confirming that montana is not a soybean growing state and doesnt grow any.
this is like the 6th post where i embarrassed u.
come on, i looking forward to embarrass u more today.
You are a person who simply accuse. Why have I claimed to be an agricultural expert?
This is an investment forum. I mentioned the trend of CPO prices going up as a result of Drought in Montana, North & South Dakota.
Even though Montana has not many acres of Soy like North & South Dakota it still has lots of Corn. And Corn itself produce & contribute to overall competition directly or indirectly against CPO.
So the drought by virtue of its impact on all Oil Seed Crops will raise the Value of Both Corn Oil, Soy Oil & Palm Oil.
Now in Montana even Corn was only a recent addition
how can i been accusing u when u have been showing off urself as an agricultural expert????
after i exposed @calvintaneng as a fraud, now he claims not to be an agricultural expert and is trying to wriggle his way out.
but thus far, this so-called drought has not sparked any panic buying or sudden rise in price of oilseeds.
according to usda's 2016 montana agricultural review, there is not even a single arce of land growing soybean.
so r u saying that the numbers provided by usda r not to be trusted and the news sources that u provided r accurate???? u cannot even give me any montana soybean production numbers and u still claim montana as a soybean growing state.
corn-wise, montana's 115k acres is very small vs iowa's 13.9m acres and illinois' 11.6m acres. montana area under planting for corn is ard 0.05% of their combined acreage. so u called 115k acres of corn planting alot???
and according to the usda numbers, corn is not even the number 7 cash crop. it is number 8 with usd24m and montana has ard 16 cash corp.
so how can i been making a mountain out of a molehill when all ur facts r seriously wrong????
there, i embarrassed u again with solid usda corn data and ur inability to even give me a montana soybean production number says volume abt ur ignorance.
after i exposed ur ignorance to all the silent readers, they will now know better.
as to ur friends, i dont see them defending ur logic which is being dismantled by me piece by piece.
now after being exposed to me as a fraud on agriculture, @calvintaneng tries to divert attention and brought up some stocks which he claimed to have accurately foretold.
for steel, it alrdy started running in apr 2016 when u wrote in aug, so any steel stocks u picked is bound to go up.
insas was in may 2016 and it was a lucky pick on ur side, much like dutaland.
rce cap at 28c was way back in 2005, so it is very difficult to verify ur call.
and it appears that u r claiming all the entry prices without giving a date or proof that u actually gave a call except for insas. so it is highly suspicious that u made the calls on jaks, rce cap, my eg and prestar.
back up what u said with facts and dont just throw a bunch of stocks at me.
Just go to RceCap Forum & Scroll back to January 8th 2014 when RceCap was 27.5 sen Calvin & Johor Buddies happily loaded up RceCap between 27 sen to 28 sen
See
Posted by calvintaneng > Jan 8, 2014 10:27 AM | Report Abuse X
ycl4226,
Rcecap belongs to AMINVESTMENT Bank. It Has A Forward P/E of 7.5. Trading at a 50% discount to NTA. Gives a yearly 15% dividend. And Company exercise consistent share buyback at 26.5 cts to 27 cents.
With the recent price rise of petrol, sugar, toll rates, GST and electricity tariff many people's finances will be squeezed. Many will find it hard to make ends meet in tough times. So pawn shops & Ah Longs should proliferate.
One legalised Ah Long is Rcecap. Rcecap like MBSB gives loans at higher rates. In Rcecap case it gives loan mostly to Govt Servants. And payment is by monthly salary deduction. Under these circumstances I think Rcecap should do well
Joetay bro is one of the best in i3 when come to discussions. His comments are supported with solid points, easy to understand facts and much relevant references.
MyEG theme was GST due to Govt needed money because Petronas revenue down
See
Posted by calvintaneng > Jan 7, 2015 11:08 AM | Report Abuse X
MyEg?
My Emas My Gold
Yes! My Emas Gold
Its Salient Factors
1) A Govt Monopoly 2) Little inventories like Insurance Companies 3) Roadtax for 20 million cars 4) Foreign workers another 3 million strong 5) Many more coming. This counter has lots of Emas & Gold
just by the mere fact that i have pointed out ur bs on agricultural has spoken volume on ur analytical ability.
so, u trying to cover up by bring up some of ur more successful stock picks out of the at least 20-30 that u have been promoting doesnt hide the simple fact that u got lucky with this 5 stocks.
Posted by calvintaneng > Jan 27, 2015 02:20 PM | Report Abuse
YES!
NOT ONLY THIS COUNTER
MYEG = MY EMAS GOLD at RM4.31 before split (split RM2.15)
SUPERMAX - SUPER MAXIMUN BULLISH AT RM1.62
FGV = FULLY GOLDEN VALUE at RM2.13
KIMLUN - GOLDEN DRAGON at RM1.26
OTHERS ON THE WAY TO POWER UP ARE
1) BJ CORP
2) ASB
3) NOVA
TRICK IS TO BUY BEFORE THEY GO UP!
why dont u mentioned that ur supermax, fgv, kimlun, bjc, asb, nova which either went down, slightly up or unchanged?????
taking my eg as an example, after ur posting on the said date of the 7 jan 15, u immediately decided to take profit on the 9 jan 15
Posted by calvintaneng > Jan 9, 2015 10:50 AM | Report Abuse
Yes!
Up So Much Already.
Must Take Profit & Switch to Other Laggards Now!
my eg started running in may 2013 and u only promoted the stock in jan 2015???? u stopped commenting on the stock since end jan, thus, the only possible reason is that u have either u had no position or had sold off the stock.
" u stopped commenting on the stock since end jan, thus, the only possible reason is that u have either u had no position or had sold off the stock."
Calvin replies:
It is normal to sell and take back my original capital after price has doubled. Then I let my profits run
fyi,
I bought UMW at Rm2.40 in year 2004. At over Rm14.00 I had sold & taken back my original capital in UMW. I still hold some UMW shares after 13 years since year 2004. I hardly comment in UMW forum. So why you like to insinuate? What are you up to? And then you falsely accuse again that "u stopped commenting on the stock since end jan"?
See my post in MyEG Forum on Jun 2 2015
Posted by calvintaneng > Jun 2, 2015 02:06 PM | Report Abuse X
WAHAHA!
SHOULD BUY WHEN IT WAS LOW.
DON'T CHASE AFTER IT FLEW AWAY
WHAT TO DO?
GO AND FIND ANOTHER LAGGARD UNDERVALUE STOCK TO INVEST.
Calvin, your recent calls were not promising at all.
DRB-Hicom was goreng up without delivery of good results and Dutaland was more like hitting jackpot but also without concrete continuing profit records.
The good one were rcecap & masteel, but thses were last year's calls, not this year.
All in all, the success rate was less than 40% while failure rates was 60%.
You have been calling for cpo plays 1.5 years ago but nothing has happened as what you predicted.
i alrdy exposed ur so-called buy call on myeg as being inconsistent on timing and yet u still try to wriggle ur way out.
myeg started running in may 2013 and u urself stated that u gave a buy call only in jan 2015, almost 1.5 yrs later.
so based on ur call of buying myeg in early jan 15 and selling off in mid jan 15, u only took ard 50c profit and bot back in jun at ard 2.7
so my question to u now is how can u make a 100% profit within the few days in jan15 when the price of myeg only moves by ard 20% between ur entry on 7 jan 15 and exit on 9 jan 15??? there was no doubling of price, so how did u double ur profit???? records of myeg prices during jan15 has no doubling of prices.
wow, u r very kind to estimate @calvintaneng stock picking failure rate at 60%. i m estimating it @ ard 80% since he is like giving more than 20 stocks at a go.
but this doesnt hide the 2 rock solid facts that u r unable to rebut me on your time inconsistency of myeg and that u r unable to provide numbers that show montana is a soybean growing state.
today, i broke the record of embarrassing u at least 8 times.
really, if one day i dont embarrass u, u dont feel comfortable, is it????
Why you missed the fact that I mentioned Montana, North Dakota & South Dakota affected by drought? Why you singled out Montana and leave out South Dakota?
South Dakota has 3.8 million ACRES OF Corn and 3.5 million acres of Soybean
AS TO MY HOLDING OF MYEG ONLY I KNOW. MUST I TELL YOU? WHO ARE YOU TO JUDGE?
i must have driven u to the walls and now u r so mad at me. lol and i m enjoying it.
i singled out montana becos u bs that this state has soybean growing, thus, we know that ur story is all based on general media reports and not any specialized on-the-ground reports such as usda or the crop associations.
and secondly, if the drought is as impact as u claim it is, it is not reflected in cbot sbo prices.
i m not interested to know ur holding of myeg, but based on your inconsistent time, we can all tell u r bsing abt holding myeg.
therefore, we now all know u r nothing but full of bs.
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
shareinvestor88
3,404 posts
Posted by shareinvestor88 > 2017-09-02 14:48 | Report Abuse
Dear Calvin , innoprise is a another counter to look at