Controlling shareholders of FGV and MPHBcap may not privatize the companies at all. Also true that nobody is going to give us advance notice of the privatization plan , if they exist .
Don't worry.. More n more hot money have been withdrawal from US market and all these money is coming to Asia. Today you may feel disappoint when you see the share price drop, but in long term you will regret why you didn't accumulate more at this stage. I strongly believe Malaysia stock market will enter into a Bull Run, so everything is cheap now, just hold and continue to accumulate, especially for good fundamental stock that have profit, price below NTA, owned a lot of value asset like land....etc.
THplant is potentially the highest profit growth plantation stock for 2024 (against 2023’s earnings). Hopefully this will drive stock price to $1.20/-.
Q1 FFB production increased 15% yoy. Coupled with substantially lower fertilizer cost (hence production cost), the increase in profit for FY2024 should be very encouraging.
TH Plantations to work with Cenergi SEA for 1.2MW biogas power plant in Kluang, Johor TH PLANTATIONS CENERGI RE KUALA LUMPUR: TH Plantations Bhd has partnered with Cenergi SEA Bhd to undertake the development, construction and operations of a 1.2 megawatts (MW) biogas power plant in Kluang, Johor.
The project will be executed through a joint venture between THP Applications & Services Sdn Bhd and Cenergi RE Sdn Bhd.
TH Plantations chief executive officer (CEO) Mohamed Zainurin Mohamed Zain said the biogas power plant is targeted to be operational in 2026.
Plantations can be potentially significant renewable energy players in mid to long term . Palm oil wastes to energy, vast landbank for solar energy, CPO for biodiesel etc ,
As the push for green energy is the way forward, you will see more plantations to diversify its land use into renewable energy. IOI , JPG and more to come..
PETALING JAYA: IOI Corp Bhd is currently evaluating potential landbank monetisation for some of its aged plantation land areas for renewable energy (RE) development, says RHB Research.
The research house said in a report that some that could be suitable would include a 2,000ha to 3,000ha land in Tangkak, Johor and 1,000ha in Pahang.
“The company could potentially rent the land as well as operate solar assets, either on its own or with a joint-venture partner,” it added.
THplant produced 16% more (+47,341 mt) of FFB during 1st half 2024. If the production for 2nd half achieve similar rate of increase, profitability should be significantly higher this year .
RISE OF DIESEL PRICE BY 52% CAUSED PROPERTY, CONSTRUCTION AND OTHERS CUT INTO THEIR PROFITS, BETTER BUY EAST MALAYSIA OIL PALM STOCKS DUE TO NO DIESEL PRICE SPIKE, Calvin Tan
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....
AhHuat168
300 posts
Posted by AhHuat168 > 2024-04-04 19:25 | Report Abuse
If privatization take place, it is quite unfair to us as minority shareholders.