Will there be any more upside for plantation counters? seems like its still undervalue based on the rise in CPO price.
Plantation COunter, Will there be any more upside? Discuss
Plantation COunter, Will there be any more upside? Discuss
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Aug 21 2020, 11:28 PM, updated 6y ago
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Probation
1 posts Joined: Aug 2020 |
Will there be any more upside for plantation counters? seems like its still undervalue based on the rise in CPO price.
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Aug 22 2020, 07:00 AM
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Senior Member
3,482 posts Joined: Sep 2007 |
QUOTE(Mohd.Azril @ Aug 21 2020, 11:28 PM) Will there be any more upside for plantation counters? seems like its still undervalue based on the rise in CPO price. Holding a plantation counter now since few months back. Yes i still think it is undervalued.But wat can do, market spotlight now seems heavily focus on glove, health care and gold related counter. So which plantation counter u holding or plan to buy? |
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Aug 22 2020, 02:18 PM
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Senior Member
2,210 posts Joined: Jan 2018 |
Palm oil is not just about price of CPO.
No doubt it does play a role in determining revenue but you also need to examine the quality of trees that the company has e.g. young, mature etc. |
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Aug 22 2020, 03:06 PM
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#4
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Staff
25,802 posts Joined: Jan 2003 From: Penang |
QUOTE(Yggdrasil @ Aug 22 2020, 02:18 PM) Palm oil is not just about price of CPO. Agreed.No doubt it does play a role in determining revenue but you also need to examine the quality of trees that the company has e.g. young, mature etc. That's why some better managed one are more profitable than the other, which resulted better performance in share price as well as dividend yield. |
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