Posted by calvintaneng > 2022-04-26 23:47 | Report Abuse

Thought palm oil Superbull will last till year 2023???


Now world bank hinted food inflation and high oil price will last till year 2024???

That will mean palm oil in SUPERBULL FOR 3 YEARS

Posted by s3phiroth > 2022-04-26 23:50 | Report Abuse

only naive ppl think that the food crisis will end immediately after the war ended.

Posted by Johnzhang > 2022-04-27 07:30 | Report Abuse

Food shortage will last for 2 years at least :
1. Huge amount of food is taken off from Ukraine as the war raging on and the Apr/May 2022 planting season will be missed.
2. Next planting season is Apr/may 2023 for harvest in July/Aug 2023. Uncertainty around.
3. Russia is bombing the railway connecting to Europe as it is used to deliver western weapon. No inland logistic capability to enable export .
4. Russia will permanently occupy southern ukraine and black sea . Ukraine has no access to shipping route.
5. Limited capability to boost production elsewhere due to shortage of fertilizers, wild weather swing etc.

Hold on to your Bplant to reap the full gain to come.

Posted by steveccwong > 2022-04-27 10:07 | Report Abuse

Wars or no wars, the world needs food-based oils.

Without these oils, many are left with no alternative because it has become a need which cannot be done without.

Malaysia is blessed with oil palms and all oil palm companies shall be making good or excellent profits for many years to come and it is a real-income based economy which goes directly into their P & L and Balance Sheet.

So happen, Bplant, Hsplant, Taann and SOP fall into this categories, and also other good oil palm listcos.