Only a matter of time ... rotation play next ... more analyst hv highlighted this No need then to rush buy at high price.. just park till year end to collect
@BigPortfolio mabel dont be so naive.... even price at 2910...all the plantation counters move like snail. dont dream and waste time in plantation counters.. 15/09/2020 5:11 PM
Really?
Today from my 11 Plantations, only Jtiasa and TDM is not climbing. It's not Red...It's GREY from same finishing from yesterday's closing. Biggest gainer is FGV (>5%) while biggest jump is KLK with 46 sen climbs.
I'm not sure about you. This is not my 1st time in Plantation. My motivation is feed more than 3 billion people in more than 200 countries.
Please stay on the sideline and keep cheering for us if you don't believe in Plantation. Gloves and Vaccine is currently doing well after recent correction. Come and join us there
Top 10 reasons why Palm oil stocks will go into a bull run
1. China hit by 3 massive typhoons in its North-West. Heilongjiang the bread basket of China has been flooded. It's soybean crops are destroyed
2. As a result China must buy soybean from Usa.
3. Last year China swine fever wiped off many pigs. Soybean is also needed as feedmeal for pigs
3. Us now in drought as soybean production is less.
4. Argentina and Brazil soybean crops won"t be ready until Feb 2021
5. So with increasing demand and dwindling supply soybean prices are rocketing upward
6. Soybean going up will pull up palm oil as their prices are co-related
7. India now will turn to cheaper palm oil as soyoil becomes too expensive
8. Malaysian palm oil stocks are depleting due to lack of Indonesia workers due to mco Again less stock means higher prices
9. Last quarter result of March to May cpo prices were weak. Buy cpo prices have surged from June to August quarters so palm oil stocks are expected to report very good results in Nov 2020
10. Best of the best now in Sept 2020 soybean oil has almost reached Usd35.00 and Cpo future going to cross Rm3,000 barrier
All these converging factors will propel palm oil stocks into bull run just like coronavirus powered up medical gloves
Buy early before others are aware
Bplant Wtk Jtiasa Tdm Mhc Cepat Hs plant Chinteck if you can hold longer term
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....
Tanhboon
357 posts
Posted by Tanhboon > 2020-09-15 17:50 | Report Abuse
Only a matter of time ... rotation play next ...
more analyst hv highlighted this
No need then to rush buy at high price.. just park till year end to collect