Increase in PPE demand again

Palm oil futures still on the rise

Sapu quickly

I follow you calvintaneng !

Maybe epf is selling today for the i mesra hehe

Haha looks like manipulation lah same beneficiary kot buy lah kaw2

calvintaneng why all palm oil counters today lousai ? hehe

Nah don't miss it again 20 sen dividend coming unlike gloves stock palm oil would be a precious commodity

Below 3.36 can buy lah haha Public invest TP of 4.41 may look realistic

Apa mcm ari ni epf selling oil palm ka

Syndicate sendiri punya stock satu hari sya kasi ajar sikit baru tau

Palm oil futures still going up today !

The day EPF is not selling we can smile although it is not a substantial holder anymore but it still hold a substantial amount just look at IOI and other plantation counters they hold you will understand

@ Kon LC historically it will be paid by April latest but the results for Qtr ending Dec 31 will be crucial in determining the amount

3.05 3.06 tarak lagi ka

Tahniah di ucapkan !

Buy for dividend lah woi another 25 sen at least just wait for another 2 months only at this price the yield is more than 10% taking into account the 18 sen declared earlier. You can wait for 3 yrs for the price to recover also no problem lah !

Ya this stock cannot compare with gloves stock but the pattern is almost the same after ex dividend hefty drop the barrier of entry to glove making is very low every tom dick and harry with RM200 mil can start production lines but not petrochemical biz. you need billions to build one my advise is just hold on to your shares and wait for the next dividend in a few months time maybe another 25 sen !

Ade blog kata palm oil can cause cancel but today palm oil futures up again Dec now all time high apa ncm

JPM has a TP of 1.50 for top gloves now previously 2.50 looks like spot on and JPM has a TP of 5.50 for lct don't suka2 jual2 lor kawan

Palm oil futures is still going up today think for yourself lor

Nah opportunity presents itself again operators are pressing it down frightening you off knowing that the Sept Qtr will report record profit with good dividend don't miss it this time lah !

Suruh ko sapu at this level you kata palm oil will eventually fall below RM3000 hehe

Harga 3.05 3.06 tarak lagi ke haha

@Eric eeleh try for the next one next year

Apa mcm tuan !

If the gomen were to reverse its decision ( U turn king mah) Straight away it will rebound to 3.30

If the gomen don't kaka caucau with palm oil industries Taan todaty should command a price of 3.30 at least lor

Haha Calvin was right in many occasions just be patient lor

Gomen is killing off potential investors with these taxes and is truly unfair to planters in East Msia.WIth price of crude oil rising the gomen shouln't raise revenue this way . In reality not only plantations are affected the whole market is affected only speculative stocks go up looks like satu keluarga making investors keluar. Having said that what options do you have other than looking for returns better than what the banks give you and Taan would deliver a decent yield

Sila tengok palm oil future prices today !

The only f....ng nonsense is the cukai2 .It is better to give one off donation to the gomen lah

This time around I think calvinteng is right. Going forward there will be serious shortage of foodstuff worldwide edible oil included and there is no way palm oil is going to fall back to below 3000 level. I don't care if anyone is promoting any counter but just using your business sense you can tell oil palm now is a precious conmodity !

@Bisfuneng you want ESG you want SOP and you also want cukai mskmur the cost of doing business is going to increaae and you also want winfall tax but predict the price will be 2700 to 3500 better don't do business here lor

Valuations wise I like Taan and SOP although they are Swak based

Frankly what stocks can you invest in Bursa other than plantations and some tech stocks I would think plantations is still the best bet. You only need to look at 6 to 12 months time frame is good enough d no need to look at very long term nobody will tell what is the long term really hold just look at the gloves stocks you will understand. For the next 3 to 12 months plantation counters will make super profit only the taxes give some minor hiccups

Thanks to both treasurehunt and Johnzhang for the good write up. Saya sudah masuk at average price of 3.11 hopefully there will be an dividend annoucement this month but PBT will be a new record this Qtr.

Cepat beli lor. I have warned of foreign fund selling before but this is too cheap to ignore moreover got reasonable dividend it is still one of the best stocks to invest

The high price of palm oil outweigh the taxes going forward it will be better still

Good buy now don't miss it again !

KLK hari 2 kuat drop apa hal sape jual

Foreign funds will wait and see bcoz the cukai makmur is on the budget stage but if confirmed they will sell Msian stocks !

Mau tanya sikit itu cukai makmur sudah confirmed ka atau on budget stage only kalau confirmed foreign fund will sell msia stocks lor

I just read Moody's forecast for 2022 oil palm prices are between RM 2800 to RM 3200 hehe. I would safely add another 1K to it ie RM 3800 to RM 4200

Yes ok to buy now dividend yield will exceed 12%

markgold could be right better invest in loss making plantation co or those earning chicken feed amount of profit so they won't kena the cukai makmur(prosperity tax ) bcoz Taan is vey prosperous lor

The one off prosperity tax will tax on co that are prosperous like lctitan so better invest in co that are making losses now but will turnaround later ada ini mcm punya stock in bursa ka hehe

32 Pts drop in bursa tells you a lot about the anxiety and frustration of investors foreign and local alike

If kena WFT no need to invest in stocks lor hehe

Affected by WFT ka WTF hehe