GLOVES BULLISH STORY FADING REPLACE BY COMING STRONG PALMOIL PLANTATION STORY LOH....!!
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..!!
CPO price is going up everyday very steadily loh...!!
No need to kenchong loh...!!
Just stay focus, meditate and with this positive forces will further propel the plantation share price up up n away mah....!!
All in Monday for AT. Below 20 sen for a company that will make hundreds of millions next year at full capacity of 2.8 billion gloves annually. Great price now
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....
stewartlee
7 posts
Posted by stewartlee > 2020-12-24 14:52 | Report Abuse
Good to hear such a good news