Idiocy + obstinacy = lunacy. This best illustrates Calvin's investment approach. Unable to learn, unwilling to admit wrong, sideswiped by mental health issues.
Since joining the i3 investor in 2013, Calvin Tua Pao Tan has posted over 55,000 comments, over 90% of them are devoted to promoting just one counter. By right, TSH should be trading at RM11 instead of still struggling at around RM1.10. Good counters don't need any promotion, just look at Maybank and CIMB Bank.
China will ensure commondities in food sector that they used a lot remain in a stable price range, or even lower if they wanted to. So, it just wont goes up la.
With EPS of 6.88 sen last year and only 1.45 sen in the first quarter, no matter how hard Tua Pao promotes TSH, its share price will never go up to RM1.80 again.
Should the major shareholders intend to take this KLSE listed company private in future, secondary listing on the Main Board of the Singapore Stock Exchange (SGX) would make the exercise more complicated and more costly...
"never say never bplant also not much earnings yet Ltat took Bplant private at Rm1.55" Wow! Buy a counter and then wait (or dream) for it to be taken private. That is not a good investment strategy. Better buy Facbind, better chance. Its net cash is RM1.80 per share but is trading at only RM1.20 a share. Plus other assets, it is worth RM2.50 a share. KBunai had been taken private, why not sister company Facbind?
China recession confirmed. US recession likely. India recession 50/50. Palm oil will unlikely go back above 4,000 & T-ak S-hiok-H-ah? which needed it to go above 7,000 in order to reach $1.80 will not ever revisit that price again with mountainous scrip of nearly 1,500 million & free-float over 3/4 of that figure! Back to $1.20 & sustain also very unlikely for the rest of the year. More likely to tumble back below 99.5c.📉
Palm Oil is a commodity, 1 of all type of edible oils.
All commodity or its stock has 1 n only 1 tailwind i.e. as Value-Investing only with increasing ASP i.e. bull run on its mother commodity prices. it can last max 2 QR, like glove hyper bull run for 2 QR onli. the next bull run can take 10 yrs later.
pls continue to hold tight tight ur lovely palm.oil stocks, if u r ill advised to. 3 yrs had passed, next yr will n keep counting... while many GWS on KLSE come on ur way!
palm oil like banking is a HUGE sector in poor KLSE. it needs hyper good magical catalyst to move that needle! i.e. the entire NATION must chase those stocks into bull run,,,
i had a v v v small plantation of abt 20 acres in johor. it was on rubber. then i shared 50:50 with the rubber tapper on sales.
then i switched to palm oil, thinking no skill is needed to harvest. it was a good going concern till Covid-19 hit.
our indon contractors or workers tarik harga! oil palms need lots of costly fertilizer n weed killer chemicals too. lack of laborers, the fruits were let to rot = the yield went so low,,,
WHY? this was n still on iphone economy. all workers like maids will busuk.busuk buy their 1st iphone. will these workers ever want to work in the jungle of nowhere of a huge palm oil stock?
will u as s/holders help to be the hard core workers in palm oil estate?
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....
Mikecyc
45,527 posts
Posted by Mikecyc > 1 month ago |
Post removed.Why?