Plantation companies are very likely to make windfall profits in first 6 months of 2021.
Monthly average CPO prices for April 2021 is RM4,220 per tonne, 83% more than RM2,299 for April 2020.
Monthly average CPO prices are ~RM2,300 per tonne in 2Q2020. As long as CPO prices remain above RM3,000 per tonne, plantation stocks will continue to make windfall profits.
Mabel the big meow.TDM move later 3 rd quarter(month of August or Sept).Buy Tomei if got down Somemore.It will move faster.OTB say over rm 2 which I agree.
#Michael Kwok Mabel the big meow.TDM move later 3 rd quarter(month of August or Sept).Buy Tomei if got down Somemore.It will move faster.OTB say over rm 2 which I agree. 26/05/2021 11:57 PM
Bro, expected result la.. I never put big hope to TDM one, as long as losses not exceed RM10mil is considered within expectation d. As long as CPO price can stand above RM3500, coming quarter result should be better.
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....
bulldog
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Posted by bulldog > 2021-05-23 17:29 | Report Abuse
The next sedania
Huat chaiii