It is time for Agriculture! ~ TH Plantations
"TH Plantations Bhd made an impressive debut on the Main Board of Bursa Malaysia by opening at RM1.68 or 43 sen above its offer price of RM1.25 with 1.86 million shares done on April 27. The price even gone up to RM2.06 in the evening."
I was so upset when seeing this news because I missed the opportunity again. Just not enough saving for this time, what a waste! Many friends of mine has been recommended this IPO and I feel confidenced with Agriculture Sector as 9MP will pump in more money into it. Since this is the first Agriculture IPO for this year, the forecast is really accurate this time.
I am sure there will be more to come but the rest will be follower, just like what has happened to REIT.
The global are focusing on Bio-Diesel right now where palm oil will be priceless in near future. TH Plantations Bhd intends to expand its plantation size and venture into downstream crude palm oil refining business within the next two years.
I was so upset when seeing this news because I missed the opportunity again. Just not enough saving for this time, what a waste! Many friends of mine has been recommended this IPO and I feel confidenced with Agriculture Sector as 9MP will pump in more money into it. Since this is the first Agriculture IPO for this year, the forecast is really accurate this time.
I am sure there will be more to come but the rest will be follower, just like what has happened to REIT.
The global are focusing on Bio-Diesel right now where palm oil will be priceless in near future. TH Plantations Bhd intends to expand its plantation size and venture into downstream crude palm oil refining business within the next two years.

8 Comments:
At 6:30 PM,
danielkong said…
Timing is essential in share market and fund is equally important. After the announcement of 9MP. ICT and plantation sector has shown a promising future and share price at this sector is keep going up. Base on my opinion the Mesdaq are solely driven by Iris and lately investor had been more caution on Mesdaq counter after the IFCAMSC incident. My predict is if Iris goes down, most of the Mesdaq counter will follow in the bearish position and as for plantation sector, i had no much to share but i believe palm oil will be a great demand after the fuel oil hit the highest again lately. Something which is sad to know but we do hope Malaysia will be succeeded in the bio-diesel that bring the glory to our nation.
At 12:28 AM,
fooyee said…
Mr.Hosang,sufficient of fund certainly important,but if you don't have at least 6 times of your monthly salary/income/expenses as you backup savings i will suggest you to keep your money or go for middle to long term investment first.Futhermore TH Plantation is IPO,your chances of being selected is quite low if your stake is small as well.But sometimes IPO did went below the PAR value after the offer period,nobody can time the market.One of the colleagues of mine had bad experience and got burned badly using his hard earned money and without savings some more...remember,always play shares with your EXXTRA money which you lose it and you still can cover all your expenses for the coming months. !
At 10:07 AM,
Ho Sang said…
Daniel, what is IFCAMS after all? I am keen to know. Thanks.
How do you relate IRIS to other sector? Does it include Main Board as well?
You do know things that I do not aware of..hehe. Great!
At 10:20 AM,
Ho Sang said…
Foo Yee, thanks for your valuable advise in having 6 months saving before invest into shares. It would be ideal to have that amount of saving but sound impossible for Malaysian with higher inflation rate lately.
IPO is just an option to invest with low input and everyone have chance to apply for it. It depends very much on LUCK unless you are willing to pay higher amount via agent.
Share investment comes with extreme low service charge (0.7%). Bear in mind that investment and speculation are different strategies in Stock Exchange. Of course every investment comes with risk (Unit Trust too).
No doubt, if do not have time to monitor and study the market, then Unit Trust will be your best option to invest.
P/S: I will define Bond Fund as saving rather than investment. Other funds do come with 7% of service charge as the agent has the responsibility to monitor the funds and give advises.
At 3:44 PM,
danielkong said…
IFCAMSC is another counter in Mesdaq that been very active and trading at a huge volume. KLSE had issued a note of abnormal trading volume and seek IFCAMSC for explanation.
" How do you relate IRIS to other sector? Does it include Main Board as well? "
It depend.
Only a certain time share market are driven by technical reason but mainly are by physiological event. At a point that expect believed its 70% influence by emotion.
At 12:34 AM,
Anonymous said…
Iris actually captured my attention about one year ago, when his price is stil lingering around a few cents. I was actually targetting to buy it due to several reasons. Wanted to play around in share, so with its cheap price (penny stock),i think this share woudl appeal to me. After all, they are the maunfacturer and designer of our MyKad chip. Wouldnt go bust i say. Hehehe.. But like my procrastinator around, i didnt take the initiative to buy it. Shooting up 600% or more withing a short span of time, i say i am pretty fucked up for letting go this opportunity. But on a more cautious side, i think 600 over percent is rather crazy, dont u think? I would say be more cautious on this stock. And i say this stock is overvalued at the present moment.
As for TH Plantation, my mum applied it, but dint get it. Damn it. She got BSL last time, but the stock isnt so attractive. Will hold on to this stock for a little while and see. :)
As for Foo yee's comment, i say 6 months is a rather high reserve. But it differs from people to people. I say having 3 months buffer zone would be the minimum (for me).Then the rest can go into investment (FD, Unit trust, shares, properties, etc). I disagree with HO Sang's comment about sayin its impossible to have 6 month of saving. Nothing is impossible in this world. But like i mentioned above, i woudl recommend to have 3 months buffer zone.
At 12:42 AM,
Anonymous said…
Btw, i came across these few websites, and i totally recommend it to you guys..
http://www.businessweek.com
http://www.thejapanfund.com/
www.morningstar.com
All these 3 websites contain mostly foreign articles, but wat the heck. We need to know what is going around the other part of the world, dont we?
And i found "The Edge" paper is interesting and useful. Only Rm5 and it is published once a week. Work out about 71 cents per day. Cheaper than our daily newspaper. Definitely recommend it to you guys. I started buyin it last week. And i did enjoyed reading thru it. The articles are pretty easy to understand. And best thing is tat it applies to our malaysian market.
CHeers// Happy reading guys..
At 7:28 PM,
danielkong said…
Chun Siong... I did buy Iris at the price of RM0.12 at volume of 30000 shares and forcing myself to sell all at RM0.11 due some urgency of need some extra cash and just after 2 months i sold off the share... it started to be bullish and actively trading in huge volume....
Do you think my disappointment will be worst then you do?...frankly speaking, I'm piss off when even i see the KLSE stock nowadays... the Iris away appeal in green and huge volume....can it just turn into RED?... at least make me feel comfortable...
Here are few website that i personally feel informative (beside broker or business news website)...
1) www.bursamalaysia.com (all the annoucement make by the company will be record here)
2) www.investopedia.com (good for learner to catch up with terminology of investment and finance)
3) www.stockcharts.com (good for expect in learning the charts, lot of term and method to analyse a chart)
For The Edge u can visit this website for FOC.. (it give you current news and mostly related to listed company)
4)www.theedgedaily.com
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