Posted by Sslee > 2022-04-10 12:06 | Report Abuse

bought SOP @ 3.65 in OCt 6 2021, take dividend 4 cents and sell 16 FEB 2022 @ 4.68

bought INNO @1.275 average, collect dividend of 0.06 and sold on 3rd Feb 2022 at 1.39

Last friday SOP: RM 5.71
INN RM 1.84.

And as such, everyone in the industry knows that there is no way for prices to hold at 8k, 9k or even 10k per tonne?
Ans: Palm oil not even touch 8K and who in their right mind will suggest palm oil to hold at 8k, 9k or even 10k.

I am suggesting palm oil fair price should be RM 4000/MT which will still enable plantations and small holders to make a decent profit.

Posted by BLee > 2022-04-10 12:43 | Report Abuse

@Pohbear: Author memang bodoh

BLee: Bodoh tapi Berani. Ada sikit kebenaran.

The statement "Paying penthouse price for palm oil is foolish when there are multitude of healthier cooking oil alternatives" is quite true. There will be an 'equilibrium' price later on when the 'dust' settles.

Sometimes we need to find out the truth out of curiosity.

I have googled lens two photos by one author title: 'PLANTATIONS INTO SOLAR PANEL FARMS DUE TO ESG CONCERN IS SURE MADNESS' on palm oil plantation vs Solar Farm, the truth are as follows:

1st photo: http://wikimapia.org/24596768/Les-Mees-Solar-Farm

Les Mees Solar Farm in France, where it is replacing Palm oil Estate?

2nd photo:
https://www.forbes.com/sites/michaelshellenberger/2018/05/23/if-solar-panels-are-so-clean-why-do-they-produce-so-much-toxic-waste/amp/

Destroys Solar Farm in Puerto Rico by Hurricane Maria, and the good and bad of Solar Energy. Where did it get anything to do with Palm oil?

The author is very hardworking and informative, nevertheless shall limit to what he knows best..

Hi, @DannyArcher, good comments.

Happy trading and TradeAtYourOwnRisk

Posted by Sslee > 2022-04-10 13:03 | Report Abuse

For those interest to understand Palm oil and Palm tree.

https://klse.i3investor.com/web/blog/detail/Sslee_blog/2019-02-02-story-h1457009258-Love_our_Palm_Oil_Part_I_Palm_Oil

Love our Palm Oil. Part I: Palm Oil
Author: Sslee
Publish date: Sat, 02 Feb 2019, 09:28 PM

https://klse.i3investor.com/web/blog/detail/Sslee_blog/2019-02-03-story-h1457009287-Love_our_palm_oil_Part_II_Oil_palm_tree

Love our palm oil. Part II: Oil palm tree
Author: Sslee
Publish date: Sun, 03 Feb 2019, 01:41 PM

Posted by ahbah > 2022-04-10 13:28 | Report Abuse

Agreed, long term crash is coming soon !

Before that, got long term super bull is also coming.

Long term bull onli just got started now !

Posted by ITreeinvestor > 2022-04-10 13:40 | Report Abuse

Even palm oil at RM3000 is more than enough for plantation company to make handsome profit.
Same goes to oil & gas company with oil price at USD 65.

Posted by supersinginvestor > 2022-04-10 14:04 | Report Abuse

Lol@dickyme.
A real joker...
I no comment...its just too silly for unker sifu even pass a comment...hehe

Posted by investor77 > 2022-04-10 14:34 | Report Abuse

Not possible for Cpo to tumble below RM 2000 in the near future with what is going around in the world today. No doubt there is a possibility of China planting Oil Palm planting large scale with plants modified to temperate climate to reduce their import of CPO. However there is a long gestation period before it matures. Strike while iron is hot, will still go to the least popular CPO shares like SHChan and IOI Corp which has not really moved up, but in fact is at a low price level. Sooner or later, these shares will move up.

Posted by StartOfTheBull > 2022-04-10 14:56 | Report Abuse

Thank you investor77. You have added more idea to those that have little knowledge about plantations and write like experts in palm oil and why gloves is incomparable with oil palm.
Nevertheless, this c li blog has successfully attracted some crowd since yesterday.

Posted by supersinginvestor > 2022-04-10 20:49 | Report Abuse

As sure i am the sun rises in the east and sets in the west..
I am sure palm oil going to 10k per tonne...

Posted by DickyMe > 2022-04-10 21:13 |

Post removed.Why?

Posted by s3phiroth > 2022-04-10 22:55 | Report Abuse

https://www.theguardian.com/business/2022/apr/05/food-price-rises-ukraine-war-cooking-oil

Posted by ahbah > 2022-04-10 23:15 | Report Abuse

Short term, super bull coming soon.

Posted by VTrade > 2022-04-11 08:20 | Report Abuse

If those study food science will knew, not everything can be replace.
Only those believer can fly

Posted by nicholas99 > 2022-04-11 11:00 | Report Abuse

hari raya bro.. everyone needs oil.

Posted by i3gambler > 2022-04-11 12:31 | Report Abuse

We should not invest in any plantation company base on their latest EPS.

We should check their past EPS record at various CPO prices then, use spreadsheet to predict their EPS if the CPO prices going down to, say 10 years average.

For your information, SWKPLNT should be making EPS 21 sen a year if the CPO going down to the 10 years average, or PE would be only 13 times.

Posted by stockraider > 2022-04-11 12:36 | Report Abuse

Steady mah!

Posted by gladiator > 2022-04-11 13:45 | Report Abuse

DickyMe miss the plantation rally cause he is trying to time the market. CPO at RM4,000 he did not buy any plantation counter cause he thought CPO near all time high and going to drop to RM1000 soon. When CPO at RM5000 he did not buy any plantation counter he thought CPO at all time high going to drop to RM1000 soon. Right now CPO at RM6000 he dare not even touch plantation counter or FIFO cause in his mind CPO is going to drop to RM1000 very soon.

Posted by DickyMe > 2022-04-11 14:02 | Report Abuse

Plantation stocks are not in my portfolio and I don't like them.
This post is to remind fools of the insane vertical rise and unexpected rejection.
From the chart, it is evident that those who bought above RM8000 are already bleeding.

Posted by supersinginvestor > 2022-04-11 14:14 | Report Abuse

:-0
Why so angry dickyme.good article after u wrote plantations up so much..
Plz write a few more bro...

Posted by supersinginvestor > 2022-04-11 14:16 | Report Abuse

U know dickyme...
There was this guy keyman188..
He was making fun of me when i said 5k n 6k coming..
It was 4k then..
Now i say 9k n 10k coming..
So lets see who make fun?
Lol

Posted by DickyMe > 2022-04-11 14:16 | Report Abuse

:-D. Angry? Far from it. LOL.

Posted by i3gambler > 2022-04-11 14:18 | Report Abuse

The only sector that I would invest heavily in Bursa Malaysia for long term is plantation.
And may be a little bit in property (township) developer, as I see inflation and ringgit depreciation.
For banks, we should invest in those countries that the currency is stronger, e.g. Singapore.

Posted by supersinginvestor > 2022-04-11 14:19 | Report Abuse

@dickyme..
Ok cool bro..

Posted by markgold > 2022-04-11 15:59 | Report Abuse

90% of my investment is plantation, the rest very little.

Posted by ahbah > 2022-04-11 16:17 | Report Abuse

Your plantation stks are reali GOLD !

U shall be great !

Posted by DickyMe > 2022-04-11 16:29 | Report Abuse

This is normal reaction by people with interest.
When there is something negative about their interest, they deploy their arsenal to counter the situation for their benefit. However, it would not last long.

Posted by markgold > 2022-04-11 16:29 | Report Abuse

Dickyme admit he don't invest in plantation stock. Therefore he talk sio sio only.

Posted by markgold > 2022-04-11 16:30 | Report Abuse

We should listen and read comment from Sifu Sslee, Johnzhang and other real investors in plantation stocks.

Posted by Pinky > 2022-04-11 17:11 | Report Abuse

ZakarAku punya prophecy came true

Palm oil stock really crashed...upward

Posted by i3gambler > 2022-04-11 17:13 | Report Abuse

If someone like DickyMe is good in predicting future CPO prices, my congratulation to him.
Just short FCPO and he will be making tons of money.

Posted by darren2021 > 2022-04-11 17:29 | Report Abuse

if i so confident the FCPO will drop til 1000....i will quietly short FCPO or buy any put warrants and earn 99 quietly rather than write something to warn investors outside and curse them if no believe him..

Posted by Johnzhang > 2022-04-11 18:08 | Report Abuse

Palm oil crashing soon ? The writer talks cok!

Posted by StartOfTheBull > 2022-04-11 19:32 | Report Abuse

The way I see it, Sslee is a knowledgeable old timer; Johnzhan is knowledgeable and with experience in oil palm plantations. Their opinions are more trustable than those suddenly came from nowhere and simply shout CPO crash.

Posted by DickyMe > 2022-04-11 19:58 | Report Abuse

From RM8757 (FCPOc1) drop to RM6105 is not a crash for some. ROFLMAO!
-2652 loss is a WIN for some. LOL.

Posted by Silemak > 2022-04-11 20:42 | Report Abuse

From 3000 to 8700 drop to 6100. Still up 3100. Even at 4000 plantation will laugh to the bank!!!

Posted by DickyMe > 2022-04-11 20:52 | Report Abuse

The topic is about impending crash, not boasting about how much bull you made.

Posted by stockraider > 2022-04-11 21:19 | Report Abuse

Correctloh....too much margin of safety on cpo price now loh!

Like sslee says even Rm 4,000 laughing all the way to the bank loh!

Posted by Silemak > 35 minutes ago | Report Abuse

From 3000 to 8700 drop to 6100. Still up 3100. Even at 4000 plantation will laugh to the bank!!!

Posted by solidwhitebush > 2022-04-11 21:24 | Report Abuse

2019, FFB only selling RM300 per ton. Now till today RM 1,500 per ton.

Luckily didn’t hear our ex-minister, ask us to plant bamboo and drink a spoon of palm oil everyday.

Posted by Johnzhang > 2022-04-12 07:31 | Report Abuse

How can CPO crash ? Unless Soya oil and canola oil crash !
CPO is trading at > USD200 discount to soya oil now . It is the cheapest option for all the developing and underdeveloped countries amid shortage of sunflower oil . The surge of export volume in March resulting 3% drop in end March inventory level is a very positive sign .

Posted by Johnzhang > 2022-04-12 07:45 | Report Abuse

Average CPO price for Q1 2022 was about $6,000. CPO spot price yesterday $6,700. End March CPO inventory at 12- month low is merely about 1 month export volume. Ukraine war prolonged disrupting substantial supply of sunflower oil . EU may even increase the usage of biofuels amid Russian oil sanction pressure. Tell us how the price is crashing soon ?

Posted by DickyMe > 2022-04-12 09:34 | Report Abuse

Spot price is influenced by gambling speculators hence that is an irrational benchmark.
How the price is crashing is evident from the chart.

Posted by Johnzhang > 2022-04-12 09:52 | Report Abuse

Most mid cap and small cap plantations sell their production on spot month basis and their realized selling price is very close to spot prices ! This can be easily verified from the realized CPO price in the qtrly reporting. What basis you say spot price is irrational benchmark?

Posted by Johnzhang > 2022-04-12 09:57 | Report Abuse

The chart tell you almost nothing fundamentally. The chart doesn’t explain to you all the climactic, social and political factors that has great bearing to the short term, mid term and long term prospect of CPO.

Posted by DickyMe > 2022-04-12 10:00 | Report Abuse

If you lack technical expertise, just say so and don't beat around the bush.
What basis?? Read my comment again to find the answer. If you lack understanding of English, ask i3lurker or SsLee to coach you.

Posted by VTrade > 2022-04-12 10:40 | Report Abuse

Yes kindly read again DM comment

Posted by Johnzhang > 2022-04-12 10:42 | Report Abuse

My 30 years of oil palm plantation working exposure is anytime better than your so called ‘expertise’. What do you really have?

Posted by DickyMe > 2022-04-12 10:51 | Report Abuse

Your 30 working experience as palm oil fruit picker is not sufficient to understand chart. I have nothing but opinion which annoys many.

Posted by Johnzhang > 2022-04-12 11:06 | Report Abuse

Dickhead! Bad loser!

Posted by DickyMe > 2022-04-12 11:08 | Report Abuse

Nothing spent to lose, LOL

Posted by Johnzhang > 2022-04-12 11:13 | Report Abuse

FCPO now :
May $6,495 (+$102)
Jun. $6,129 (+$124)
Spot month $$6,800
And we are in upswing production month now.
What crashing soon?
Only Dickhead , the ‘chart expert’ think so.