Posted by calvintaneng > 2021-09-23 08:30 | Report Abuse

JAYA TIASA (4383) Excellent Results YoY Up 152.05% & QoQ Up 169.94%, Calvin Tan

https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/2021-09-23-story-h1571676676-JAYA_TIASA_4383_Excellent_Results_YoY_Up_152_05_QoQ_Up_169_94_Calvin_Ta.jsp

Posted by stockfreak > 2021-09-23 08:59 | Report Abuse

I think people linked Palm Oil companies with Glove companies.

After glove fiasco even with good earnings, retailers are trying to ignore good earnings.

Posted by calvintaneng > 2021-09-23 09:27 | Report Abuse

There is a big difference between palm oil and gloves

1. Palm oil has no competition while gloves have very fierce competition from China

2. It will take 4 long years to plant and harvest palm oil fruit but only 4 months time to set up new glove factories in China

3. China saw the Glove Billionaires last year and now joined the glove band wagon by total gross overproduction ...leading to very fierce price war and losses later

4. For palm oil the barrier to entry is need of huge lands and the time to produce which is very long in gestation

So palm oil has no fear

It's earnings will be sustained

Posted by calvintaneng > 2021-09-23 09:37 | Report Abuse

Two scenarios will unfold in coming 3, 6, 9 and 12 months into Sept 2022

Gloves will

1. No longer sell above ASP

2. Will sell at discount to ASP due to price war and production of gloves exceed 8 billion people on earth

Each year population growth is 80 million people or 1% of world population

But China can produce a Trillion gloves in one year if it wants to

After all China has the World's longest bullet train about 38,000 km

Earth circumference only around 40,000 km
Soon China high speed bullet train will go round the world

So what is a trillion gloves to China? Peanuts only

3. When gloves production ramped up to total monster glut it will lead to DUMPING BELOW COST OF PRODUCTION

SO MANY GLOVE COMPANIES WILL MAKE LITTLE PROFIT AND SOME MIGHT EVEN REPORT LOSSES

FOR PALM OIL THERE IS NO COMPETING VEGE OIL

AND TO PRODUCE NEW PALM OIL IT WILL TAKE 4 LONG YEARS

SO PALM OIL CAN SEE NO IMMINENT COMPETITION TILL YEAR 2025

BY THEN ALL PALM OIL COMPANIES WILL HAVE RISEN UP MUCH HIGHER AND TOO LATE TO CHASE