Posted by chongkonghui > 2012-10-03 11:33 | Report Abuse

CPO-related counter doing bad today....

RSAWIT (over-priced counter) down another 1% to 92sen
TSH (over-promised counter)almost free fall...low 2.18
CEPAT down 2.6%
BKAWAN down 1% too (under-valued but buy later)

Posted by diablo88 > 2012-10-03 11:54 | Report Abuse

good let it fall then I will buy. Where got fun if is always up.

Posted by Yuzuki > 2012-10-03 12:05 | Report Abuse

blantation counters = "DEADLIEST CATCH" hehehe

Posted by Yuzuki > 2012-10-03 12:05 | Report Abuse

COREY & CHUMLEE also not buying

Posted by diablo88 > 2012-10-03 12:07 | Report Abuse

catch it now before it rebounds. I have faith in plantation. It is just a commodity play. Beside, the sudden sime share price drop could be attributed by E&O :-)

Posted by lullaby > 2012-10-03 12:33 | Report Abuse

diablo88, how could the drop be related to E&O? enligthen me pls

Posted by Jason Lim > 2012-10-03 12:50 | Report Abuse

SOP as well. Been down for a few days in a row.

Posted by Hong2 > 2012-10-03 13:18 | Report Abuse

Agreed with Diablo88.... Eventually it's will rebound. This is the timing to catch. Those who already had in hand, just to wait patiently...:)

Posted by Jonathan Keung > 2012-10-03 13:32 | Report Abuse

CPO prices is down because of slow sales and high stock inventories. stock is projected to hit 2.30 Million tons end September and possible 3.0 Million tons next year

Posted by chongkonghui > 2012-10-03 13:57 | Report Abuse

Buy Plantation stocks, but not now.... at least let the knife settled down on the floor first. (Don't catch a falling knife).

Posted by kl foong > 2012-10-03 14:05 | Report Abuse

listen to chongkonghui. Don't catch a falling knife, you will get hurt. Price of CPO is cyclical/seasonal... it will bounce back.

Posted by Mat Cendana > 2012-10-03 14:13 | Report Abuse

Aiyoo, now I've become hesitant after reading your comments here HAHA! Was/Am thinking about Sime-CR, but talk of falling knives is scaring me off. Have to decide fast - buy now or later...

Posted by potenza10 > 2012-10-03 14:18 | Report Abuse

MC...i also looking at Sime-CR...lol!

Posted by Fat Cat Tim Buddy > 2012-10-03 14:20 | Report Abuse

my idea is, think of the fair price of the certain plantation company, and start buying it when it in 10% discount.

hahaha.. just an idea, and fair price is decide by your ownself, so it is kind of tricky :l

Posted by Mat Cendana > 2012-10-03 14:29 | Report Abuse

There's more than a fighting chance at 0.035, although there's also the possibility we might have to pick up and wait a bit. But so many lining up to buy at this price. 0.04... a bit risky although it wouldn't matter if the mother were to rebound. Will have to wait and see.

Posted by Jonathan Keung > 2012-10-03 14:36 | Report Abuse

no risk -no gain but try to reduce the risk. never fight against market trend