Posted by calvintaneng > 2014-10-28 11:41 | Report Abuse

Palm Oil is a necessity. All our Malaysia teh tarik has no milk - but Milk substitute which is palm oil.

However, unfortunately, like any other hard commodity palm oil is cyclical due to 2 factors

1) Soy Bean Oil. This Soy Oil is very erratic due to the changing climate. Sometimes in abundance and some time in scarcity due to drought in US. When there is surplus soy or corn oil palm oil prices will be weak.

2) Another New Fangled Peril is Shale Oil. The Overflowing wells of Shale Oil from North Dakota is hammering the Crude Oil Prices. Thus dragging down Biodiesel oil.
And Pam Oil will be hit indirectly.

With A World Awash in Both Mineral & Vege Oil Better Keep Away From Both Palm Oil & Also Oil & Gas Counters For The Time Being.

Who will benefit most from Oil Price Weakness?

Those involved with Food Production like BJ Food

Those Who Sell Cars Like Berjaya Auto

Those Who Has Hotels & Resorts (Cheaper for Tourist to travel far & wide)

SO BJ CORP WILL BENEFIT THE MOST!

Posted by kimkowlee > 2014-10-28 11:48 | Report Abuse

Very true n logic for the oil palm n crude oil view. When u think big shark or VT will move BJ?