Nice article, but basic economics of demand (pretty much same), supply (will be higher in coming good season months) and substitutes (conola, soy etc), will play in key role in the pricing mechanism. The fact remains that CPO companies will show bumper profits in the Q2 announcements, and hope this will help bump up the prices a little at least in anticipation of continued profits which will be tough. If the price can hold above RM3,500 till year end, that alone will be a bonus. Happy hunting ..... boys
Hi Raymond hope you are doing well...yes it's a tough space to be in( plantation stocks) since we are still grappling with peak earnings. Probably easier to just long a CPO contract than to buy plantation stocks
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....
anthonytkh
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Posted by anthonytkh > 2022-08-07 13:57 | Report Abuse
Heh, my remaining 92.3k TSH units @ avg 1.065 is still a test of patience for me. Thanks for the article, buddy