Insider goreng the price up knowing that the QR will be bad. Same thing insider will push the price down if they know QR is going to be good. Vice versa
TH PLANTATIONS's main business segments include oil palm plantations and milling operations.
Its earning performance has been overall fluctuating in last five years, whereby its earning per share overall fluctuated from -67.27 sen to 16.64sen. In 2018, the Group reported a great loss before tax of RM678.1 million, which translated to a loss per share of 67.27 sen. This was attributed to impairment losses from its subsidiaries.
Forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate although currently unprofitable. No dividend sebab masih kena bayar debt as debt equity ratio quite high. Monitor baik baik
KUALA LUMPUR, June 5 -- The government will provide 100 per cent exemption on export duty on crude palm oil, crude palm kernel oil and processed palm kernel oil from July 1, 2020 to Dec 31, 2020.
Prime Minister Tan Sri Muhyiddin Yassin said the exemption on export duty was to boost the commodity sector.
“For the agriculture and food industry, RM350 million will be allocated on the Agrofood Fund loan facility to ensure the sustainability of agricultural and commodity entrepreneurs in the sector,” he said when announcing the National Short Term Economic Recovery Plan (PENJANA) here today.
If not bcoz of money goes to glove counters, palm oil plantations sure shoot up already with this current cpo price. I think investors will rush buying later.
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....
Andra KD
275 posts
Posted by Andra KD > 2019-11-05 14:01 | Report Abuse
CPO Price uptrend...TH Plantation will follow, collect b4 late