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6 comment(s). Last comment by jonatlau79 2016-04-02 08:38
Posted by calvintaneng > 2016-04-01 23:48 | Report Abuse
fortunebulz
It's the worst plant ever! Contribute to global warming! But hey, who cares as long as it makes money! palm oil is now part of almost every food you can think of, that's why 1 in every 8 are overweight!
01/04/2016 23:40
Worst plant ever?
Think on these:
1) You use Palm oil for cooking, frying chicken and grilling satay.
2) You eat palm oil in margerine and ice cream
3) Cars, bikes, buses, trains & even air planes are powered by palm oil (power of biodiesel)
4) For some houses all the lights, fridge, washing machine, hair dryer, aircond are all powered by electricity generated by biodiesel
5) Plastic products can also be made from biodiesel
6) The soap you bathe with is made from Palm oil (Palmolive)
7) Your hair shampoo also made from Palm Oil.
So like it or not - Everything has palm oil and Palm Oil is in everything
Posted by buddyinvest > 2016-04-01 23:50 | Report Abuse
Calvin, sold my kmloong and switch to ioicorp & sop today
Posted by calvintaneng > 2016-04-01 23:58 | Report Abuse
fortunebulz
Actually Malaysia government is pure idiot! They should concentrate on downstream instead on exporting CPO alone!
01/04/2016 23:50
Malaysian Govt has invited Biocon from India to set up factory in SILC, Johor to convert palm oil into useful vitamins & by products.
Also invited a HUGE SOAP MANUFACTURER TO PASIR GUDAND
SEE
KUALA LUMPUR: Evyap Holdings AS, Turkey’s biggest soap manufacturer, is relocating more of its bar soap production to Malaysia to better serve its clients in Asia.
Its subsidiary Evyap Sabun Malaysia Sdn Bhd, has, since 2012, invested more than US$200 million (RM876 million) in a palm oil refinery and soap-making facility in Tanjung Langsat, Johor.
The 350,000 tonne/year facility, Evyap’s first-ever
Posted by calvintaneng > 2016-04-02 00:02 | Report Abuse
buddyinvest
Calvin, sold my kmloong and switch to ioicorp & sop today
01/04/2016 23:50
For me I still keeping KM Loong and added more on weakness other laggard oil palm stocks.
If price still weak on monday I plan to buy even more as La Nina is also starting.
Posted by jonatlau79 > 2016-04-02 08:38 | Report Abuse
SaiLan Buy CPO ... lagi syiok
No result.
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CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
calvintaneng
56,638 posts
Posted by calvintaneng > 2016-04-01 23:19 | Report Abuse
Fortunebulz,
Oil Palm Trees are as tall as 60 feet and can withstand any floods or drought. Its origin is from a desert hardy plant like cactus in West Africa. It adapted very well to Malaysian & Indonesian weather.