4 people like this.

8 comment(s). Last comment by stockraider 2022-08-09 16:05

anthonytkh

1,802 posts

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

skoh888

1,022 posts

Posted by skoh888 > 2022-08-07 14:02 | Report Abuse

@anthony....Hi bro, hope you are having a nice Sunday afternoon sipping your favourite beverage!

anthonytkh

1,802 posts

Posted by anthonytkh > 2022-08-07 14:09 | Report Abuse

Too early for both our favourite beverage!

StingRay

6,871 posts

Posted by StingRay > 2022-08-07 14:12 | Report Abuse

looking good but will be a bumpy ride for TSH for now. make sure you put on your seatbelt. hahaha.

skoh888

1,022 posts

Posted by skoh888 > 2022-08-08 10:36 | Report Abuse

CPO futures up over3% and trading above RM4000 again. Let's see if plantation stocks get a bid

Posted by Raymond Tiruchelvam > 2022-08-09 01:55 | Report Abuse

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

skoh888

1,022 posts

Posted by skoh888 > 2022-08-09 09:59 | Report Abuse

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

stockraider

31,556 posts

Posted by stockraider > 2022-08-09 16:05 | Report Abuse

Now above Rm 4,000 better margin mah!

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