Glove sell down drags klci down but tdm no volume sellers ... supporting well

NEMA.... demand from new areas of the globe .
Yesterday mpoc webinar

Cpo RM2000/Ton. Tdm. 18 sen
Cpo Rm3200/Ton. Tdm. 43 sen
Cpo. Rm2900/ ton. Tdm 23 sen ??
Upswing .......,,,40 sen tp ....

More analysts have been making Buy calls for plantations —,

Fcpo settled at rm2980... rm3000:Ton phychologcal target is within reach in a day or by next week ,, this could set the tone towards rm3500-rm4000/ton by year end ...

Good one Mabel ..
locust plague and China flooding increases need for palmoil ...

Still got 4 months to run till December peak ... so this will be super peak....

The stage has been set ....
The show will begin soon ..
The early birds have their tickets in hand ready for the show to begin ...

Usually cpo peaks at year end ... and now only beginning of Sept the runup is already near rm2900/Ton ...,half peak level ...,
December peak this year looks like it will overrun last year’s peak . ... by a margin of another 50%... to rm4500/Ton ??

Spring very much tighter now..,

Fcpo trading at rm2900s..,.. all green

Mabel- if you go to Bursa Futures - - it is displayed FCPO month by month current trading prices ... that gives a feel what the buyers are seeing the direction of the cpo months ahead .

Rocket fuel installed for takeoff next week ...

Fcpo trades past RM2840s.... green green green ..

22.5 sen cannot get today already .., 23.sen up .. looks like tdm bottom out inspite of Friday syndrome and holiday ahead syndrome ...

Next week should see correction ends and uptrend starts

Fcpo trading at rm2780s level

Buy now at 22.5 sen ..,,., wait till go back up.., opportunity now .

Overall market correction time ...,

Price holding well

Don’t underestimate the value perception of investors

Meow well spread out....

In investment- all time is a good time
Only need the correct action and reserve cash , holding power .
In trending up SELL profit
In correction down BUY cheap
In sideways HOLD

So either way is a good time .

With high cpo prices .. even FGV managed to make a profit last quarter ...,it bodes well for the industry as a whole .. only the lag time between the price movements waiting rotation play to focus back to plantation.

Market forces and investors sentiment excluded accorded zero value .... a big mistake from investors point of view

Something missing in his calculation — lopsided towards negativism

Going up

Price support at 24 sen .. market has turned , cup forming at the base from the charts - the pan handle forming ....

I agree..fcpo running bull
Rm2843 high today ... all green

Meow meow got all the supporting facts spot on ...
The gold underneath waiting to be digger out .., in due time

Already priced in the management weaknesses.
If solid management team tdm will probably be priced at 2-3X current price .

With so much of land .... future value of appreciating land will increase the value of tdm itself over the next few years ... with ECRL

Holding power and patience the required recipe for investment gain...

No holding power —- prolong correction / accumulation time , forced to sell incurring trading charges .

No patience —rotational play like musical chair in the sectorial rotation got to wait our turn ... join the queue

When cpo ..rm2000/Ton ... tdm 18 sen
When cpo .. RM3000/Ton... tdm 40 sen
When cpo RM2700/Ton ..., tdm 23 sen ??
——> 35sen

Fcpo all open higher today .., green the colour of health ....

If what Naysayers is negative ... tdm would hv tanked together with the gloves ...,
Means investors know and held on the fundamental value of tdm ...

Last week Glove tanking down ... tdm Support price firmly solid ...makes safer investment

Fcpo on the rise ... rm2800/Ton plus now ... all green ... today Friday syndrome — day traders squaring off their positions . These plays no carry over into the weekend .

This plays into the mercy of the market on Friday syndrome. But a good day to collect for investors .

Good prospect going forward
..,, lsprings fully loaded ., waiting to release — to go up and up ...

Potential upside : 15 sen
Potential interest : 15/25 x 100% = 60%
Over 30 days ( say one month to travel up )
Risk : 23 sen ( if market correction )
Risk :2/25x 100% = 8%
That is the current Risk Reward scenario.

The last time peak cpo at
Rm3200/ton .., tdm was 43 sen ..
At RM2000/ton..... 18 sen
At rm2800/ton ...,25 sen ?? Going up.....40sen ?
If cpo prices hold .., or further go up ...
that is the base scenario now

RM3000/ton range coming soon ..,

Cpo traded high of RM2830/Ton ...

Fcpo good performance today .., the supporting foundation towards uptick for TDM .

Fcpo up today trading past rm2700/Ton ...

With fcpo touching a high of RM2900/ton briefly , it looks highly probable that it will retest that resistance and with a few months towards year end peaks .., likely this year ‘s yearend peak go way above the last .... so a potential upside of past 43 sen ...

Price stabilising at 25sen ... with cpo prices way past RM2600/ton ... there is plenty of room for upside ...
it has shy away from RM2000/ton prices rock bottom a few months ago bc of MCO lockdowns ... and racing towards year end yearly peaks ..
so a very good place to accumulate now

More to come

Good uptrend

Cpo price increasing