Quite a number of high priced plantation stocks are rising at the moment. Quite possibly that some foreign funds are in the market now. Hopefully there will be a widespread effect over to all the lower priced plantation counters.
TanDavid88, Biasa lah ! Kalau tak ada orang jual macam mana awak nak beli ? Sebab itu lah di namakan Pasar Saham tetapi bukanlah pasar pagi atau pasar malam. Jadi sabarlah dan tenang ya.
May God bless all the investors of Jaya Tiasa in this forum and its Board of directors as well as all its shareholders . Let the company Jaya Tiasa grow and flourish no matter in good or hard times .
stockraider, (1) I think everyone of us is hoping for the company to share its profit with the investors and shareholders in the form of dividends. They may have a lot of factors to consider before they can do so. (2) Your accusation is very serious, unless you have witnessed with your own eyes. If you have seen with own eyes you should report there and then but not to tell us in this forum something without proof and evidence . DO NOT EVER TELL ANY BASELESS ACCUSATION (s).
U R too naive cannot spot corp governance problem in jtiasa loh!
Raider ask u this lah!
Why Jtiasa did not pay any div since 2018 leh ? Why Taann can pay very good dividend n make good profit for many year despite jtiasa having a much larger palmoil hectarage leh ? Why jtiasa has so much continous impairment in their accounts for so many years leh ?? If u look at Rimbunan sawit a company entirely in palm oil plantation the company related to jtiasa, how come in December 2022 qtr it still lose monies, despite cpo prices are at world record high above rm 5000 leh ??
All the above answer points to obvious corp governance in jtiasa mah!
stockraider, That is only your assumptions and imaginations but not conclusive or exactly the case. There could be other reasons such as shortage of labour, the acreages of matured Palm oil to be harvested may be lower yield or not so productive. Some the land in certain areas may not be suitable for cultivation of palm oil .Some of the trees may be old or replanted not long ago. The most important thing is that you considered it as a theft case which is tentamount to malicious rumours and willful slander . So be very mindful of your words. Just imagine whether you can tolerate if someone say you are a thief but without proof or whatever? Think carefully before you say anything. Think twice before you do or speak.!!!
Generally plantation stocks are safer to invest because the underlying assets, mostly plantation land appreciates in value over time. Is like a inflation hedge. However all plantation companies earnings over quarterly or yearly are erratic and dependant on price of CPO and off course efficiency of management. Over long term, you may not see spectacular share price increase. However is a safer investment. Look at United Plantation Bhd financial performance which has over years improved although there are up and down. Again, most share investors are impatient and only look for short term gain
If you are a short term trader, then you might not want to buy plantation stocks, partly due to EPF selling. Look at TSH share price. EPF has been selling quite some time from 1.20 per share. Now, TSH is at 1.70. EPF has to sell share to raise cash for covid related withdrawals. Even last year EPF has sold a portion of their foreign portfolio. EPF has also being selling KLK and United plantation bhd shares at lower level. Anyway, my sharing of info is for those who may not know what is going on. It is not a recommendation for you to buy plantation shares.
I have being most reserved on oil & gas related companies in malaysia except oil exploration companies. Research houses past few years have been constantly recommending investors to buy. What has happened now. Look at Barakah, Sapura and UMW Oil and Gas. Share prices have almost fallen more than 90% and chances of recovering is almost zero. In a downturn, oil and gas companies only own equipment and ships that are as good as scrap. Not to mention, most are not well managed.
Historically, I cannot remember any plantation companies that have their share prices dropping by 90% and not recovering thereafter. Even if the companies incurred losses, the land their own appreciates in value and may be disposed off for a profit
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....
DickyMe
14,887 posts
Posted by DickyMe > 2022-04-06 10:21 |
Post removed.Why?