KUALA NERANG (March 13): The price of crude palm oil (CPO) is expected to continue to rise at least until the third quarter of this year and is projected to reach RM9,300 a tonne.

Minister of Plantation Industries and Commodities Datuk Zuraida Kamaruddin (pictured) said the figure was achievable based on the development of CPO futures contract trading on Bursa Malaysia Derivatives.

KUALA NERANG (March 13): The price of crude palm oil (CPO) is expected to continue to rise at least until the third quarter of this year and is projected to reach RM9,300 a tonne.

Minister of Plantation Industries and Commodities Datuk Zuraida Kamaruddin (pictured) said the figure was achievable based on the development of CPO futures contract trading on Bursa Malaysia Derivatives.

sell into strength for short term players,d cat bound up

https://www.brecorder.com/news/40159307/palm-oil-bulls-in-full-swing

Direction of a share moving all depend on Companies' profit,if profit fantastic,no matter how bearish is marobuza candle stick will not work,the bearish movement would be short live,eventually bullish moving would resume.

KUALA LUMPUR (March 7): Palm oil production in the world's top producers Indonesia and Malaysia is likely to rise about 3% each this year, but it would not be enough to meet global edible oil demand, leading analyst James Fry said on Monday.

Adverse weather in South America and Canada have curbed supply of soybean oil and rapeseed oil, while there is a lack of availability of sunflower oil due to the Russia's invasion of Ukraine crisis, Fry, chairman of agribusiness consultancy LMC International, told Reuters in an interview on the sidelines of an industry conference in Kuala Lumpur.

"The high (palm oil) prices are going to be around, I fear, for the consumer," he said.

KUALA LUMPUR (March 7): Palm oil production in the world's top producers Indonesia and Malaysia is likely to rise about 3% each this year, but it would not be enough to meet global edible oil demand, leading analyst James Fry said on Monday.

Adverse weather in South America and Canada have curbed supply of soybean oil and rapeseed oil, while there is a lack of availability of sunflower oil due to the Russia's invasion of Ukraine crisis, Fry, chairman of agribusiness consultancy LMC International, told Reuters in an interview on the sidelines of an industry conference in Kuala Lumpur.

"The high (palm oil) prices are going to be around, I fear, for the consumer," he said.

China turning to Soybean cheaper than palm oil,buy huge buying from China,supply unable to cope demand soon

crude oil continue to rise further

Russia-Ukraine conflict will not cease so soon.in 3 -6months at least.

tight supply of Sunflower oil to continue with war Intensify,and heavy rain in both Malaysia and Kalimantan.

Dnex is in ABC downtrend mode

buy on weakness,bullish still intact above 10 days MA,Wednesday or Thursday should rebound strongly and huge profit in th 1st quarter results in the card with CPO price above 5500 per ton

profit taking just temporary. down will be swallow as correction mode is still not as yet at the moment

@Calvintaneng ,big bull is crossing market highway

Following our industry-wide CPO ASP revisions to MYR4,100/t (from 3,200/t) for 2022E, and MYR3,200/t (from 3,000/t) for 2023E, we raise our FY22E/23E core EPS forecasts for TSH by 61%/10% respectively. We
introduce our FY24E EPS forecast. Note that our FY22E forecast has yet to factor in the proposed disposal of some of TSH?s Sabah estate measuring 3,007 ha (planted: 2,933 ha) and 1 mill for MYR248m cash.
The disposal is estimated to net a gain of MYR104m.

RM2 can achieve based EPS =0.12 for 2021 full fyear

MAyIB tp- rm1.60

TA tp- Rm1.84

CPO above Rm8000 per ton

at least RM10

EPS 89.2 cent, is under value only 6.5 PEx

hold tight,,Tsh selling two land banks in kalimantan should contribute addition profit at least rm200 mill on top of the coming 1st qrt 2022 results.

the just announced 4tg art 2021 can gain 63 million profits with average cpo price of rm4.5k,the coming qrts with cpo price above rm5k would be fantastic result...Big bull is coming.

Dnexians should join this forum and start investing palm oil

*tp

EPS=0.122, 1381 mil shares,base on conservative PE 16x
2÷0.122=16x....conservative to is rm2
more aggressive 20x is to 2.50..huat

IB analysts always say high cpo price may not be sustainable, the more they predict it ,the more cpo price trend higher until to a point where IB may say sustainable, that is the time cpo price may trend down.Contrarian.

cpo at 7k ,to 3.50 upgraded

Malaysia CPO price rises to RM7,000 a tonne for first time as Russia invades

@8899EL8899 big bull run on plantation stocks already started .

super bull run in the making..

jan22 -mac 22 net profit Rm 55 mil + Rn200 mil profit from sales of 2 palm land.total rm255 ÷,1381 mil share = Rm0.185 EPS. tp=3.5 base in 18.5x PE

total net profit for 2021 RM150 mil ÷1381 mil shares=Rm0.108 EPS...18x ,tp price=,Rm2/

good one

@OTB...I support what u said is correct,shooting star is a trend reversal,will go through correction .

This reversal is temporarily and correction should be more than 10% -20% for one to two months from the height RM1.33.

Those who attack u in this Forum do not know anything about share market Do not be naived that share will.go up in straight line,There will be serious over bought,when too bullish.,screaming sell down will occur.

Me too,will stop.posting in this Forum.

Thank you.

@dp_pupi correction not over yet ,just started 2 days ago.

long term investor ,no need to worry up or down,rm4 or more will eventually reach if profit more, but have to wait for longer term,after 12 months time

coming qrt result priced in,if profit more ,might up 2 more days after 25cfeb art result,thereafter continue to consolidate

no straight line up all the way,rm1.60 target is for within 12 months.medium target already reached, time to consolidate towards qrt result out in 25 Feb,thereafter to continue consolidate 2-3 months for the next qrt

the big bull is coming

men behind silterra are China directiors eventhiough owning 40%.

China needs Chip wafer fabs manufacturer badly due to trade war.

TA medium tp;1.15 reached thru RHB tp :1.20 reached thru now heading to nxt HLB tp 1.35,miracle...new tp cimb;1.60

silterra,the only pure frontend wafer fabrication manufacture company listed is klse dnex.

sp setia is near to breakout

tp 1.15 reach for this round 1st qrts ,could be staying btw this level until the results come out before a correction step in.
2nd to 1.35 with 3 to 6 months times

China will not invade Taiwan,same as Russia will not invade Ukraine ,US and its 5 eyes allies are the ones who making drama ,asking American to depart from.Ukraine,sending troops and war ships close to Ukraine,making ho ha to the world like war going to happen soon.

https://www.tomshardware.com/news/russia-ukraine-chip-prices

impulsive uptrend if cup and handle breakout confirm