Look like a good buy now with more than 10% dip from the recent pea, 3 Qtrs results already surpassed previous year result … palm oil futures price remains high through the 4th Qtr will lead to another record year. Is there potential for at least 10% up from current 4.15?

Ta Ann is a Bursa Malaysia timber cum plantation company. Since Oct last year, its price had gone from about RM 3.30 per share to as high as RM 4.30 per share. Today it is down to RM 3.80 per share. Does this represent an investment opportunity?

I would consider Ta Ann a wonderful company in the Buffett sense. There were topline and bottom-line growths. It had diversified into the plantation sector delivered a big part of the growth.

The are signs of improving operating efficiencies as exemplified by the gross profitability, asset turnover, and leverage. It is financially sound and had been able to create shareholders’ value.

https://i.postimg.cc/L4zhzgkD/Chart-6.png

My valuation as shown in the Chart shows that there is more than 30% margin of safety. Surely Ta Ann cannot be a value trap. https://www.i4value.asia/2024/06/is-ta-ann-value-trap.html#more