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 Plantation COunter, Will there be any more upside? Discuss

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TSMohd.Azril P
post Aug 21 2020, 11:28 PM, updated 6y ago

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Will there be any more upside for plantation counters? seems like its still undervalue based on the rise in CPO price.



foofoosasa
post Aug 22 2020, 07:00 AM

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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.
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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?
Yggdrasil
post Aug 22 2020, 02:18 PM

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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.
cherroy
post Aug 22 2020, 03:06 PM

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QUOTE(Yggdrasil @ Aug 22 2020, 02:18 PM)
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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Agreed.
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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