Posted by kasinathan > 2018-12-13 12:52 | Report Abuse

The average CPO price for last quarter is Rm2400/mt.....the coming quarter ending at Dec is expected to hit RM2100......

The Dec CPO already hit Rm2000... and is expected to trade below Rm2000 soon... Lacking of visibility onward..


Surely....the quarterly to be reported by February 2019 in red!

This forecast is almost guarantee!

Posted by kasinathan > 2018-12-13 12:54 | Report Abuse

Falling knife will be until Feb end next year... Worse still, the research house yet to downgrade the plantation sector!

As usual... They will starting downgrade in early March 2019!

Posted by kasinathan > 2018-12-13 13:02 | Report Abuse

The current weak cycle in CPO is at half journey judging from the historical pattern....

Posted by kasinathan > 2018-12-13 13:30 | Report Abuse

Follow the new financial standard requirement, the company need to write one off Rm300 millions of tangleble asset or Rm0. 30 per share and subsequently Rm50 millions of biological asset per annum ....

Hence, the dropped in price doesn't mean it's cheap now!

Posted by kasinathan > 2018-12-13 13:37 | Report Abuse

I am in the opinion..... It's too early to trigger the accumulation as the valuation is not cheap at all admist the dropped in price may appear to be rock bottom on surface if without going through the details...

Posted by kasinathan > 2018-12-13 13:44 | Report Abuse

The similar negative factors applied to the timber sector..... Started of the new forest rectification policy imposed by the state government that hammered down the logging business, following by the reforestation requirement compliance that increases the cost substantially..... The timber segment will continue to record red in the next 2 years....

Not sure... What's other hidden negative factors yet to be quantified...

Hemmmm

Posted by kasinathan > 2018-12-13 13:52 | Report Abuse

If you do you homework, there are other palm oil companies are much more attractive.....if still you insisted to jumping in now!

No other reasons... Simply because of the operating and plantation costs are much cheaper in Indonesia as against operate in Sarawak!

Posted by kasinathan > 2018-12-13 14:00 | Report Abuse

He won't be regretes...he have got extremely strong holding power that can outweighs the prolong down cycle in CPO and wiped out all other weak panic investors

Posted by kasinathan > 2018-12-13 14:02 | Report Abuse

That why he keep saying that invest in company must be based on long term.......

Posted by kasinathan > 2018-12-13 14:03 | Report Abuse

He believes and behave like the controlling shareholder... Tan Sri Tiong &family

Posted by kasinathan > 2018-12-13 14:07 | Report Abuse

I don't like this company simply I think if you can't make money during the past 3 years when CPO price were good.... It's rationale to conclude it's not going to be an easy investing and making money journey in the current weak CPO cycle!

Posted by kasinathan > 2018-12-13 14:08 | Report Abuse

Enough.... Good luck... Bye bye

Posted by billionn > 2018-12-13 14:38 | Report Abuse

Using cold eyes as bait again? Come on try someone else la so boring

Posted by sense maker > 2018-12-13 23:46 | Report Abuse

One billion ringgit loan whale!