1 person likes this.

5 comment(s). Last comment by stockraider 2020-10-29 11:27

calvintaneng

56,242 posts

Posted by calvintaneng > 2020-10-29 10:15 | Report Abuse

More than just tax exemption lah

These are powerful boosters

1. 3 major typhoon hit heilongjiang China bread basket wiped off all China Soy and Corn crops
China's agriculture has been wrecked by major typhoon and flood this year
So must buy more vegetable oil

2. Same flood also happened in India
Indian crop production crashed due to floods
So both India and China not enough vege oil

3. As a result of floods prices of sunflower oil, canola oil, soybean oil and corn oil now at all time high

This pulls up palm oil as it is still the cheapest

4. Last year swine flu wiped off pigs in China
So lots of soy meal and palm kernal cakes now needed to boost pig production in China

5. USA in drought so less soybean and corn leading to higher soybean prices
This will lift up palm oil

6. Drought in Argentina and Brazil also deplete soybean and corn production

7. Typhoon in greece, Thailand and Vietnam , Korea, mexico and Japan also wiped out crops

8. La nina effect

Too much rainfall in certain countries
Hot drought in others

Cause huge shortage of food

9. All these are converging factors for multi year shortage of vege oil world wide

10. A superbull in palm oil stocks might commence soon

stockraider

31,556 posts

Posted by stockraider > 2020-10-29 10:19 | Report Abuse

JUST FOLLOW SIFU CALVIN BUY INTO OIL PALM STOCK, CHEAP CHEAP JAYA TIASA U WILL DO NO WRONG MAH...!!

Posted by calvintaneng > Oct 28, 2020 10:13 PM | Report Abuse

1st line to benefit from cpo price rise is palm oil stocks

Stick with Jtiasa as Top Pick

stockraider

31,556 posts

Posted by stockraider > 2020-10-29 10:19 | Report Abuse

GLOVES INCREASE IN ASP IS GOING TO OVER SOON...THE NEXT WILL BE PALM OIL INCREASE IN ASP....UP UP SOON LOH...!!

MUST BUY...THIS NEW QUALITY EMERGING GOLD MINE LOH...!!

calvintaneng

56,242 posts

Posted by calvintaneng > 2020-10-29 11:13 | Report Abuse

Yes Great Stockraider correct

Jaya Tiasa latest Annual Report showed Neoh Choo Company has emerged in Top 30 holders of Jtiasa with 2.3 million Jtiasa shares

Grand Champion Sifu Dr Neoh Soon Kean used his own private vehicle to buy Jtiasa shares and not his fund Dynaquest

Another Great Sifu is Dr Tan Chong Koay
Pheim fund boss helped Epf to be also in Top 30 of Jtiasa

Out of over 30 palm oil stocks 2 Great Sifus are buying Jtiasa

Coldeye Fong Siling was once in Top 30 also

Not sure he still own Jtiasa shares now

stockraider

31,556 posts

Posted by stockraider > 2020-10-29 11:27 | Report Abuse

Also remember i3 stock sifu king kyy promoted jtiasa when it is rm 2.40...if u go in now at 74 sen...it is a far cry from sifu king kyy says very good at rm 2.40 mah...!!

Post a Comment
Market Buzz