3 people like this.

18 comment(s). Last comment by calvintaneng 2020-12-02 08:04

greedy44444

2,497 posts

Posted by greedy44444 > 2020-11-29 21:06 | Report Abuse

Plantation companies needed to pay hefty windfall tax...glove companies only needed to contribute one lump sum to the backdoor gomen.

KAQ4468

21,497 posts

Posted by KAQ4468 > 2020-11-29 21:08 | Report Abuse

Bplant & TDM can

gemfinder

6,880 posts

Posted by gemfinder > 2020-11-29 21:10 | Report Abuse

Sop

calvintaneng

56,633 posts

Posted by calvintaneng > 2020-11-29 21:25 | Report Abuse

Bplant, TDM, WTK, MHC plant, SOP, Chinteck Plant, Rsawit, Cepat, Thplant all are good as well

Th plant already passed the Gold Rule of 2 quarter increasing profits

calvintaneng

56,633 posts

Posted by calvintaneng > 2020-11-29 21:29 | Report Abuse

Windfall tax is 3% for West Malaysia & 1.3% for East Malaysia

Cost of production for CPO varies from Rm1,600 to Rm1,800 a metric tonne

Efficient planters can bring down cost below Rm1,600 to as low as Rm1,200 to Rm1,400

So CPO at Rm3,505 is up a Whopping 94% to 190%

And what is 1.5% to 3% windfall tax in comparison?

calvintaneng

56,633 posts

Posted by calvintaneng > 2020-11-29 21:32 | Report Abuse

SUCH HIGH AND INCREMENTAL PRICES OF CPO BELOW RM2,000 TO RM3,505 MIRRORS GLOVE ASP IN APRIL TO JUNE 2020 WHEN GLOVE BULL JUST STARTED

BUT PALM OIL BULL HAS MERELY DONE WARM - UP ONLY

WHEN SUPERBULL ARRIVES

ALL WHO DOUBT OR HESITATE WILL MISS IT DEARLY

GreenTrade

651 posts

Posted by GreenTrade > 2020-11-30 10:55 | Report Abuse

Yeap.
Fgv and Jtiasa is severely undervalued

calvintaneng

56,633 posts

Posted by calvintaneng > 2020-11-30 14:08 | Report Abuse

Very good

Slowly steadily Fgv, Jtiasa and all other palm oil stocks will come into focus

Affin gave Jtiasa target price of Rm1.32

So Jtiasa still has great potential to move higher

MF0001

932 posts

Posted by MF0001 > 2020-11-30 19:42 | Report Abuse

KONFIRM UNDERVALUED~

CALVIN GOR GOR IS THE BEST!

calvintaneng

56,633 posts

Posted by calvintaneng > 2020-11-30 21:37 | Report Abuse

Tyvm Mf0001

You are one of the wise ones

calvintaneng

56,633 posts

Posted by calvintaneng > 2020-12-01 09:49 | Report Abuse

4 stages of a bull market

1. bull market is born during pessimism

2. grows in skepticism

3. matures in optimism

4. dies in euphoria

Medical gloves now at stage 3 to 4
upside now limited to 20% or 30% more only

Palm oil still at stage one or two
Upside will be immense at 100% to 200%

For this reason Calvin is selling gloves into strength and buying palm oil stocks on weakness

simon

206 posts

Posted by simon > 2020-12-01 10:38 | Report Abuse

sifu Calvin, what you mean all 8 nos. gloves stocks are to be sell? no good to keep/hold it ? TQ

calvintaneng

56,633 posts

Posted by calvintaneng > 2020-12-01 12:44 | Report Abuse

Top 8 gloves are ok

Calvin still got glove stocks in Spore

Riverstone
Ug healthcare
Sri Trang Thai

Good stocks should be kept as long as they perform

Only reasons to sell stocks are

1. If the fundamental deteriorates. In this case Top 8 gloves still ok

2. Or you need money. Like buy a property or car. Or need money for children education.

3. The 3rd reason is if you can find another investment giving better returns

BATFLY

722 posts

Posted by BATFLY > 2020-12-01 13:13 | Report Abuse

Calvin...right on the dot on why we sell stock.. A lot of people sell without any basis or direction..

calvintaneng

56,633 posts

Posted by calvintaneng > 2020-12-01 23:22 | Report Abuse

December 1st begins with Fcpo Dec 2020 at new high of Rm3,510

A VERY GOOD START FOR FINAL MONTH OF 2020

CROWNING A PALM OIL BULL RUN

https://www.bursamalaysia.com/market_information/derivatives_prices

godhand

1,952 posts

Posted by godhand > 2020-12-01 23:23 | Report Abuse

hahaha no. nice try

calvintaneng

56,633 posts

Posted by calvintaneng > 2020-12-02 08:03 | Report Abuse

Another day another bull run up for cpo shares

Stay strong in palm oil like buying medical gloves early

Buy and hold tight

Don't trade or do contra

calvintaneng

56,633 posts

Posted by calvintaneng > 2020-12-02 08:04 | Report Abuse

In bull market the best thing to do is buy early

Then sit still and do nothing

Let the power of the bull run

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