Posted by calvintaneng > 2021-10-26 12:25 | Report Abuse

Why Cpo prices so high?
Can prices be sustained?

Very possible

1) CANOLA OIL IS EVEN MORE RECORD BREAKING THAN PALM OIL

Canola crop failure in Canada has pushed prices from world record by another 50% to USD945 (Was USD600 last record)
See https://tradingeconomics.com/commodity/canola

2) RISE OF BIODISEL REFINERY FROM USA WILL LIFT UP PRICES OF SOYBEAN OIL


Massive Refiners Are Turning into Biofuel Plants in the Westhttps://www.bloomberg.com › news › articles › phillips...
12 Aug 2020 — Phillips 66 on Wednesday became the latest in a string of U.S. refiners to say it's converting an oil refinery in California into a biofuel ...

Posted by calvintaneng > 2021-10-26 12:26 | Report Abuse

https://www.bloomberg.com/news/articles/2020-08-12/phillips-66-is-latest-refiner-to-shun-crude-oil-in-favor-of-fat

Posted by calvintaneng > 2021-10-26 12:38 | Report Abuse

Gloves got fierce competition from China
Glove factories could be set up in 6 months' time but palm oil needs at least 5 years from scouting land, planting to the harvest of first fruits. So palm oil got high time lapse barrier to entry

You could make gloves 24 hours non stop. You cannot grow plants as it needs SUNLIGHT. Each day is only limited to 12 hour sunlight

Posted by Thomas Chan Yeu Wai > 2021-10-26 15:39 | Report Abuse

Calvin sifu, regardless even if CPO hits RM5,000-RM6,000 or when listed companies posted high/ increased profits/ special dividends, the stock prices of these listed companies wont increase unless a swarm of big fish/ whale come and buy all the way limit up. Example, uncle KYY has been silent on palm oil stocks =)

Can only just enjoy dividends, thats about it.

Posted by joerakmo > 2021-10-26 16:24 | Report Abuse

calvin, your above calculation for thplant is seriously flawed.Dont bring people Holland.! Go work out 2nd quarter profit per ton cpo.
Rising tide lift all boats but some boats are leaky!!!

Posted by calvintaneng > 2021-10-26 16:31 | Report Abuse

Thomas
The share market is set up with the intention to buy shares of real companies selling real goods or providing real services for profits

As such they give out dividends to reward share holders

Share price rise or not is secondary

I rather buy a good profit making company and can sleep well every night rather than go playing with shares with inferior earnings

Posted by calvintaneng > 2021-10-26 16:50 | Report Abuse

joerakmo

The figure of Rm1,465 cost per ton was mentioned by thplant and that is only a general guide

It can go higher or lower like Uplant (less than Rm1300 a ton cost)

I have all the intention to warn all others not to chase Holland companies like Seni Jaya, tafi, bsl Corp, tocean, Malaysia genomics, gets and many others with very inferior earnings or even no earning at all in some cases and yet the maddening crowd chased them up the sky

Posted by Thomas Chan Yeu Wai > 2021-10-26 17:28 | Report Abuse

ah yeah, TAAN is one of the rare few stocks at BURSA that is safe to average down without losing sleep.

Posted by calvintaneng > 2021-10-26 18:00 | Report Abuse

You are correct

Taann is an exceptional company with honesty and integrity other palm oil companies should emulate

Posted by calvintaneng > 2021-10-26 22:39 | Report Abuse

We Thank Thee
https://www.youtube.com/watch?v=0gQZ-vVQNZk

Posted by Philip ( buy what you understand) > 2021-10-27 06:42 | Report Abuse

Don't forget netx

>>>>>>>>
I have all the intention to warn all others not to chase Holland companies like Seni Jaya, tafi, bsl Corp, tocean, Malaysia genomics, gets and many others with very inferior earnings or even no earning at all in some cases and yet the maddening crowd chased them up the sky
26/10/2021 4:50 PM

Posted by AdCool > 2021-10-27 11:21 | Report Abuse

what s the point if no oil palm counter is rallying. All cont to stay muted.

Posted by tinkokchong > 2021-10-27 11:23 |

Post removed.Why?

Posted by calvintaneng > 2021-10-27 12:45 | Report Abuse

Don't forget Netx is correct

Netx is part of nfcp stocks

Now Opcom up
Redtone up
Netx's turn to go up

Hahaha

Posted by calvintaneng > 2021-10-27 12:47 | Report Abuse

Adcool

You forgot Calvin chun chun call on ijmplant and mhc plant

They up from 60% to 100%

Rest of oil palm will follow

Just watch

Posted by DickyMe3 > 2021-10-27 12:48 | Report Abuse

"
calvintaneng Adcool

You forgot Calvin chun chun call on ijmplant and mhc plant

They up from 60% to 100%

Rest of oil palm will follow

Just watch
27/10/2021 12:47 PM"

====================================

https://www.youtube.com/watch?v=5J8Yl5773X0

Posted by calvintaneng > 2021-10-28 15:38 | Report Abuse

Only few more days and palm oil companies will be reporting amazing news

Posted by CCWONG > 2021-10-28 15:55 | Report Abuse

Sustainable High CPO Price is quite a phenomenon now as daily CPO listing shows and excellent financial reports next month is the outcome.

Posted by EngineeringProfit > 2023-09-19 19:52 | Report Abuse

Ok...ok....let me see how to adjust my fund there

Posted by firehawk > 2023-09-21 01:22 | Report Abuse

November 2021 RW5,300 ?

Now RM3,713