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8 comment(s). Last comment by calvintaneng 2023-07-31 22:52
Posted by Mat Cendana > 2023-07-31 10:45 | Report Abuse
TSH was all for the taking at below 0.95 just a couple of weeks ago. But as usual many just watched, with the familiar "Will go do further..." That might be true. However, there would come the times when we must act. When the price of a counter we had previously researched and selected goes down, we must buy. Not with all the allocated capital but at least a part of it. And then just wait.
If it goes down some more, then buy again to average the price. If it goes up, also buy some more. The earlier buy helps to lower the average price. Taking action plus having the patience to just wait will often bring in the rewards. Especially with oil palm counters.
Posted by calvintaneng > 2023-07-31 10:57 | Report Abuse
Exactly !
Warren Buffet said, " We are to be fearful when others are greedily buying and to be greedy only when others are fearfully selling
At bottom there were full of fears and rumour mongers and naysayers abound and that was the time to buy more
Posted by LalisaFang > 2023-07-31 14:27 | Report Abuse
Which plantation company has biggest land in acre btw?
Posted by speakup > 2023-07-31 21:32 | Report Abuse
calvin, among the 3 me think Jtiasa still d best.
Posted by calvintaneng > 2023-07-31 22:38 | Report Abuse
in November 2011 THPlant acquired 5,602ha of mainly greenfield land in Samarahan from Sawit Green Plantation Sdn Bhd at RM13,120 per hectare.
Since Samarahan lands have gone up toRm3.00 psf now we can do a simple calculation for the worth of this small piece
5,602 hectares equal to 13.842 acres
to get full value x 3 and then x 43,560 feet
=Rm 1,808,943,388
Over Rm1.8 Billions
with total paid up capital of 883 million shares
this piece of land alone is worth Rm2.04 per share
That is how so very undervalue Thplant assets now
Posted by calvintaneng > 2023-07-31 22:52 | Report Abuse
Yes Speakup
Jtiasa is a galloping horse in earnings
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3372871
No result.
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THE INVESTMENT APPROACH OF CALVIN TAN
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CS Tan
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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....
calvintaneng
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Posted by calvintaneng > 2023-07-30 23:55 | Report Abuse
ECRL Terengganu: Terowong Paka (Jalan Jerangau - Jabor) | Perkembangan Terkini ECRL Paka Tunnel
THPLANT HIT JACKPOT HERE WITH GOOD LOCATED LANDS AT ONLY ABOUT RM5,260 AN ACRE COST
https://www.youtube.com/watch?v=NbSKxrq35-M