So fast sell out already ah? Still undervalue oh....

shorted june and no eye see

Yup definitely still undervalue. Actually i entered this counter 1 month ago at around RM 3.30.

Will buy back when price weaken as i foresee no catalyst for the next few years as their hospital business will only start to contribute 2 year later.

Unless there is some privitization news....

Besides, affin is quite cheap.

Both are good counter. The only reason for me to sold off TDM is profit taking.

Thier 12k ha in kalimantan should be maturing now as it was planted in 2008. The two new hospital will only be ready by 2014.

Anyway speaking about small cap plantation, anyone invested in first resources?

Yup. Thats right. CPO future will be quite bleak and since i am holding a lot of Wilmar already. Therefore, i plan to exit TDM first and plan
to buy at a lower price later.

Before you enter small cap plantation. Please consider these.

1. Small cap plantation are not necessary cheap.
2. Pure plantation will definitely suffer when CPO price decline.
3. The way i look at it palm oil are currently facing supply over demand.
4. Oil price are going to be stagnant for the next few years due to exploration of Shale oil / gas which leads to surge in oil supply.
Hence CPO price future are bleak.

However, i will choose those companies like Wilmar which they produce their own fertilizer (Lower Production Cost), own a processing plants,
and lastly do packaging. Which means CPO price doesn't really affect them.

Imho there are two ways to play plantation. One is via the cpo price increase, another in increasing cpo production. Even if cpo stays flat, the increase cpo production will increase eps as long there is still margin. I am going for the latter. Young trees and plenty if reserve land is what i see.

Wilmar is doing very well on thier lauric division, but they are suffering from over capacity in soy bean crushing in china. Also fertilizer margin is extremely low at less than 1%. This does not only affects wikmar but other similar company like golden agri. Also wilmar is building so much new refining capacity in 2013, where they are going to get enough cpo? Already now wilmar consume 30% of cpo produced in indon. Expect the figure to raise to 40% soon. Insider info says thier refinery not running to capacity due to cpo shortage...

I shorted april. Small position.

Hopefully right shoulder formed and now go test the neckline again

Dear sifus,
I intend to open a "web-based" futures trading account, ie does not need to install any additional software in my laptop to use it.

Anybody know which investment bank has webbase futures account? I know OSK require to install software.
I prefer Maybank or RHB but other banks is also Ok.

Thanks a million!

Kenanga

check in hope is not too late

I have equity account with Kenanga last year but i have to close it and move all the stocks to OSK. The reason is Kenanga stocks has changed from web-based to trading platform (require download). Are u sure the future account is web-based?

Other than Kenanga, is there any other investment bank with web-based future trading platform?

Thanks

Election theme? Sure make money

I didn't install anything on pc, just go to the website log in then can trade

Did a little bit homework...

so where is the next support and where to break and where to short?

No more fooled by our jib gor. Waste my time only.

Chef!

7 early 8 early do homework jor!

Ah Gark Gark giving tipsy!

I like!