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10 comment(s). Last comment by calvintaneng 2020-12-28 23:45
Posted by calvintaneng > 2020-12-24 15:23 | Report Abuse
WHOA FCPO JAN 2021 NOW REACHED RM3,877
GOING UP LIKE BALLISTIC MISSILE
Posted by stockraider > 2020-12-25 11:47 | Report Abuse
Despite the strong cpo prices, the things pressing it down is the cpo tax implementation, it was already confirmed at 8% now loh..!!
Now with this news already out & behind us, we look at the cpo future & it ranges from jan to august Rm 3800 to Rm 3000, all above the super profitable benchmark price of Rm 3,000 over 8 months.
Thus if u have invested in palmoil stock , you can expert super profit for at least 8 months loh...!!
In addition u need to know, if cpo prices above rm 2,600 u already substantial good margin and profit as most of plantations cpo cost is around rm 1,600 per ton mah...!!
Thus 2021 will be a very good year for palm oil plantation mah...!!
Market is still sceptic about palmoil...it will turn positive optimistic very soon loh...!!
Go in early, do not be late like Johnny come lately mah..!!
Posted by EngineeringProfit > 2020-12-25 11:54 | Report Abuse
Merry Christmas to you, Calvintaneng! Your palm oil darlings are late juvenile ady - almost bull ah?
Posted by calvintaneng > 2020-12-26 18:13 | Report Abuse
Tyvm
palm oil stocks long way more to bull
stage one
pessimism
stage two
skepticism
stage three
optimism
stage four euphoria
palm oil still at stage two of skepticism
a) Star newspapers down play it
b) Analysts give neutral lukewarm call
c) IB banks in silence
d) The crowd more concerned with gloves , vaccine hype , tech stocks and others
So long long way more for palm oil shares to go up
Posted by stockraider > 2020-12-27 12:39 | Report Abuse
THIS IS THE SECRET
EVERY YEAR THERE IS ONE OR TWO THEMATIC BULL THEME
IF WE CAN CATCH IT EARLY & RIDE THE BULL TO ITS PEAK WE WILL DO EXCEEDINGLY WELL
WE WILL BE ABLE TO OUTPERFORM IN A FEW SHORT BULL RUNS AND PERHAPS RETIRE EARLY LIKE PETER LYNCH
OF COURSE LIKE WARREN BUFFET MAKING MONEY FROM STOCK MARKET AS A MOTIVE IS LONG OVER
IT IS THE JOY, THE ADVENTURE & THE CONSTANT INTELLECTUAL CHALLENGE IN THE ART OF INVESTMENTS THAT CAUSED HIM TO SAY
"TAP DANCING TO WORK"
NOW MY HUMBLE OPINION IS THIS
YEAR 2021 WILL BE PALM OIL "BULL RUN"
WHY PALM OIL WILL GO INTO A BULL RUN FOR YEAR 2021?
ANSWER:
BECAUSE CPO PRICES NOW REACHING ALL TIME HIGH WILL AMPLIFY PROFITS
AND IF PROFITS KEEP INCREASING IT IS ONLY A MATTER OF TIME COMPANIES WILL INCREASE DIVIDENDS OR REWARD WITH BONUS ISSUES. SO PALM OIL SHARES MUST GO UP AS THIS IS THE LAW!
SOYBEAN OIL GETTING MORE EXPENSIVE PEOPLE WILL GO FOR PALM OIL!! & PALM OIL WILL RISE IN TANDEM
AGAIN WHEN ALL THE WORLD MARKETS CLOSED FOR CHRISTMAS FRIDAY - CHINA BEING COMMUNIST STILL TRADE IN DALIAN ALREADY RECORD HIGH FOR BOTH PALMOIL & SOYABEAN MAH...!!
U r actually seeing emerging sign of palmoil share run like the early Gloves run in March to April Rally coming which are very subtle upside b4 it explosively burst out with gains of few hundred % coming at the later stage mah...!!
U need to join the palmoil stock early as this is a safest fruit pickings when there are still abundance in supply loh...!!
ALWAYS REMEMBER TO BUY EARLY BEFORE TOO LATE MAH...!!
Posted by ivan9511 > 2020-12-27 13:23 | Report Abuse
@by calvintaneng
Hi Calvin thanks for the support on Plantations
I AGREED AND KEEP fews like Wtk Gl icken taan th tdm
AND MANY IS STILL PROFIT
Thanks for the sharing
However Calvin can ask you still look good on Opcom
Opcom you still hold
Posted by henrychin > 2020-12-28 15:21 | Report Abuse
Hi Calvin, thks for your good recommendation of the stocks and would like to seek your advise on Ancomlb now atRM.048 cents can buy now? Thks.
Posted by calvintaneng > 2020-12-28 23:45 | Report Abuse
henrychin
ancom lb is based on part truth and part rumour
the truth
most probably by early Next year Ancomlb will Rto with S5
We don't know S5 will maintain the name ancom lb or change to S5 or any other name the new owner will decide
so ancom lb will be a different entity after that
now the rumour
rumour out there said Pm Muhyiddin son in law owns some S5 and so S5 expected to get immigration job
True or not I not sure but looks like people are excited
I don't promote goreng shares
but if S5 do get Govt contract like MyEg then ho sei leow
so please invest carefully and avoid too much speculation
No result.
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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
56,536 posts
Posted by calvintaneng > 2020-12-23 02:27 | Report Abuse
See Lumber future chart
https://www.macrotrends.net/futures/lumber