The safest place to park your money in times of crisis is still Maybank. Over the past 12 years, it has consistently paid dividends of over 50 sen a share every year, giving a dividend yield of over 6%. No plantation company is able to achieve such feat.
"and in the worst financial crisis 49 banks, credit co and other money lending institution folded or taken over after that only 6 Tier Banks left" CalvinTPTan, so you are expecting a repeat of another financial crisis which would result in the collapse of Maybank, Public Bank, CIMB Bank? Just dream on. RHB Bank has a dividend yield of 7%, Maybank and CIMB Bank have around 6% yield. Name me just one plantation counter that has such kind of dividend yield.
"Maybank ? in 1997 my Remisier friend got two Maybank scripts of his clients in hand his client allowed him to do short sell as long as he buy back (in those days got physical scripts ) My friend Alfred short sell Maybank shares all the way down from Rm20.00 to Rm2.50 Maybank was not safe" Maybank declared a 1 for 2 bonus in 1993, a 1 for 1 bonus in 1998 and another 1 for 2 bonus in 2001. Its paid up capital after the bonus issue in 2001 was only about 3.5 billion. Its paid up capital today is 12 billion after another few bonus issues and rights issues. Those who had bought Maybank at its peak (about RM30) during the bull run in the 90s and kept their shares till today have made tons of money. No plantation company can come close to this.
as usual calvin if you are good at one thing its consistency, your love for TSH is overwhelming, for what reason... only god will know :-) if you ask me if TSH is stable company? I say fairly yes..... and does it pay dividend? Yes, fairly well and at reasonable returns..... but does it have any upside? Well.... none at all, as far as news on company developments are concerned. After hitting RM1,60 in april 2022..... its been hovering between RM1.00-1.20 over the past 2 years !!! When I ask for profit forecast next 3 mths or 6 months calvin you said cannot provide bekos you are long time investor..... well how long is long time? If the price is going to increase only after 10 years then i will wait and buy in the 9th year loh? But I agree palm oil stocks are generally stable and its good for retired people to invest in.... no heart attacks when market goes up or down sharply.... so thats my review..... lastly calvin how mush TSH shares do you hold? I guess not as high as 5% as otherwise you would be substantial shareholder....
Tsh sold two Sabah palm oil lands for Rm245 millions cash
Tsh also sold its Bulugan lands for Rm731.09 Millions cash (as of now Rm500 Millions received and awaiting news of final payment of Rm221 millions cash
As for lands in ikn nusantara the cost and book value is dirt cheap around Rm4,500 or about 10 sen psf
Even now asking price in Bongan already few hundred thousand per acre
If wait for 30 years like Putrajaya? Can expect few millions Rm per acre
So vast are the lands and so great the potential even DBS Bank can see and bought Rm38 millions shares of Tsh to be in Top 10
"United plant Total dividend for last year 2023 totalled Rm1.80 At today price Rm25.30 United Plant dividend is 7.1% Beaten banks" How long can United Plantation's dividend yield of 7.1 % last? Maybank has a dividend yield of over 6% for over 10 years. RHB Bank's dividend yield for the past 3 years is over 7%.
"Naysayers come here to tell lies and cast doubts" Claiming that land in Nusantara is worth RM4.2 million per acre, this liar is under attack from all sides.
"The safest place to park your money in times of crisis is still Maybank. Over the past 12 years, it has consistently paid dividends of over 50 sen a share every year, giving a dividend yield of over 6%. No plantation company is able to achieve such feat." Read this comment of mine posted 5 hours earlier Tua Pao Tan. You have been attracting a lot of flaks. What is the point of having 7% dividend yield for just one year and then reverts back to 2% the following year?
Those little dividebt u call it worth the time to wait? Investors are withoutholding their money into indon. Some even pull themself out. Indon kalimantan development gonna drag another 20-30 years. And worst is, might be another elephant project. Good luck .
Now, I'm more nimble in the market with the changed mood: SOLD my AT & T the day b4 Black Monday 2024, a large portion of it miraculously at the highest of $19.99, after 2 months & 1 diviend ! https://www.youtube.com/watch?v=z7Di3GFWgvE
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....
Sales
3,262 posts
Posted by Sales > 1 month ago | Report Abuse
Luckily three weeks ago sold all tech, con and property and move to palm. Palm still the best and value for money:):):)