charts.... charts....

same ... same ... same...

Ah... you remembered. But the tech stocks breaking down like glove stocks... sooner or later, some would throw in the V word...

For me, as usual, not rushing to make any trade.....

The stronger moves were those pure commodity stocks. But such plays never suited me. Take Hibiscus. If I did trade it, the stock would had been purely based on charts ( since I have no grasp on fair value ) and if I did, I would had been shaken off around 1.18.

having said that there are a couple of interesting proposition is some smaller size stocks. Much more riskier... and the pitch doesn't seem all that fat yet.


right now.... pondering whether the situation with oil..... 150 oil? really?

Oh. Same here. Not playing with oil but assessing how bad it could get.

When was the stock listed?


Bursa website only shows data dating up to 2000 only....


Ok... found it.... 8th Oct 1969.... I dun have those data...

This post has been edited by Boon3: Mar 4 2022, 04:08 PM

... and this is the farthest back I can go with Kenanga software...




*the chart is unadjusted for dividends and bonus etc*

and yea... I cannot display it all in one shot...

but from it, you can see ... that during the period Jan 1997 to May 2002...

the stock had a high of 6.30 ... and during the crash of 1999 came, the stock corrected .... and by May 2001 it reached a low of 2.88 before rebounding....

and because the rise from the lows of 2.88 in May 2001 was so great.... the chart then looks like this...




Yeah... so on hindsight... based on what I got.... May 2001... was a bloody good time to be an investor...

But it's always easy to speak on hindsight, knowing very well what happened next (since we got the help of the chart)...

This was the QR report on Feb 2001

https://www.bursamalaysia.com/market_inform...s?ann_id=554841

with that 4th quarter report, we see revenue from UP crash from 436 million ( fy 1999) to just 279 million (fy 2000) (and yea... it's a little bit more accurate to see from annual report) (united plant own website only does a 5 year thingy)

Net profit dropped from 115 million to 40 million...

so that was a CRASH there to lows of 2.88. (which explains the stock falling from 6+ in 1997 to 2.88 in 2001)

And today... for comparison, the last quarter alone, UP net profit is around 150+ million.... with total net profit estimated above 550 million.

yeah... from a net profit of 40 million in 2001... to a net profit estimated around 550 million in 2021..... that should explain the monstrous rise in stock price since 2001....

but plantations... obviously... the size of the plantation land is so crucial.... the bigger the planted land, the crop returns should grow ...

and then one needs to factor in the fertility of the planted land.

this fertility issue sounds so trivial but issues like this does crop out in our cpo stocks.

there's way too much factors involved.... which is way too complex for me... study land, study fertility, study weather, study other crops.... and then... it's palm oil.... which means we got the lobby factor (ie countries lobbying against our palm oil) .... and then... workers issue.... and then of course, not all management is the same....which means I surrender.

forgot.... age of the trees also important.

Too young no fruit
Too old .... err .... no need say...

You can also refer to this posting by Smurfs

post #58948

this is why the bangla in me dowan to see to much.............

lol... so this was a reverse tipsy eh? well tq la..


this one... https://unitedplantations.com/plantations/

... and yeah... the movement of UTD? it's parabolic and it runs the risk of consolidation...

Not unexpected. Not getting excited?

SGT Reits ah?

Opened TG stock chart...

saw this...



6 month time frame only ma....and the stock is like falling straight thru the floor....

how to see lagi?

LOL!!!

Sampai lantai jor...








next......

... and this one.... lousy as usual. LOL!



see how they kena?

and then.... after the QR report, the backhand smash came. LOL!

LOL!!! ..... xxx

This post has been edited by Boon3: Mar 7 2022, 01:47 PM

the real estated ....down below...