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2 comment(s). Last comment by stockraider 2020-12-25 11:38
Posted by stockraider > 2020-12-25 11:38 | 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..!!
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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
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Posted by calvintaneng > 2020-12-25 11:22 | Report Abuse
Blessed Christmas to all
All analysts know that December 2020 Cpo prices have reached 25 year high... beating even 2012 to 2016 high
Since plantation shares will all be reported fantastic results by Feb 2021 why analysts still maintain neutral call on palm oil shares?
Is it because they think cpo prices cannot sustain?
To say Cpo prices will drop back to Rm2600 - Rm2700 is only a guess.
See how la nina impacts South American Soybean then only can tell more clearly
Analysts refuse to upgrade and rerate palm oil stocks could be due to this reason
THEY HAVE ISSUED TOO MANY PALM OIL SHARES CALL WARRANTS
SO IF PALM OIL SHARES GO UP THESE IB BANKS WILL SUFFER HORRENDOUS LOSSES
SO BY HIDING THE TRUTH AND SUPPRESSING THE CPO BULL THEY WANT TO REDUCE THEIR LOSSES
TRUST IB BANKS AND ANALYSTS?
MIGHT AS WELL TELL MONKEYS TO JAGA BANANAS