TDM Bhd net profit still largely depended on Plantation Division which mean their earnings still depended much on the Crude Palm Oil (CPO) price and Fresh Fruit Bunch (FFB) production. Please do not mistaken the FFB with CPO though. I will post some palm oil information in my next post.
Shareholders
As you can see from the list above, almost 70% of the share been tightly held by the state government ,thus, explaining the low daily volume of this share.
For all the readers, this is not a buy or sell call. Please exercise your own judgment or seek advise from your investment adviser.
I shall not be held liable if your share become like this...
Enjoy your weekend! :)
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