I love to buy plantation stocks in Malaysia KLCI. There are several good counters that really performing well lately. And the good thing about plantation stocks, you can some kind predict their stocks price by looking at crude oil and palm oil price (FCPO). I noticed that crude oil price also hit bottom and starting to recover now.
My friend Jason told me to monitor HSPLANT. I checked it and discovered that HSPLANT has a good dividend yield ~ around 5-8% depend on the price you bought it. And the capital gain easily goes up 50-75% as the 52-week low is RM1.25 with current price RM2.20. Isn’t plantation stock good to invest?
Most of the plantation stocks hit bottom during November 2008. And bounced back at least 50-100% since then. It will keep going up. So what are you waiting for? It’s time to buy more. Now or never…
