Calvin, not meaning to disrespect, jtiasa supposing should ride on the commodities hike trend… HOWEVER, the management does gamble and lose on futures… which for this qtr, eat up 25% of the profit… and without the fv adjustment of the biological assets, it might even having qtr loss… hence, is it still worth to invest?
People shd stop making nasty comments if you follow on someone recommendations and make a loss. Recommendations come with quantitative justifications. If you buy into the justifications, then you buy. Otherwise ignore and move on. We did not pay for the research, so there is no duty of care. Calvin only tell you about the quantitative aspect. I believe qualitative is just as important. Though Kpower has all the right quantitative quality, I will not buy bcoz I do not like the management which is linked to SD which has a shadow over it.
grain news: Soybean stocks in the country as of Sept. 1, 2021, came in at 256 million bushels. That was well above average trade guesses around 175 million bushels, but down from the 525 million tonnes in stocks reported at the same time the previous year.
Bloomberg : U.S. Soybean Meal Export Hub Damage May Take Months to Fix By Kim Chipman September 25, 2021, 5:33 AM GMT+8 Updated on September 25 The disruption puts yet another kink in global supply chains with the U.S. still reeling from the export chaos caused by Hurricane Ida in the Gulf of Mexico, home of America’s busiest agricultural port. The terminal in Grays Harbor handles the bulk of America’s soy meal shipped to Asia from the West Coast.
Supply tightness in soybean oil market making ways for sunflower oil in Dry Bulk Market,International Shipping News 04/10/2021 The sudden rise in demand for biofuels is causing supply tightness in the soybean oil market, which is likely to persist until 2022. Alternatives such as sunflower oil will benefit from this situation. ... This supply tightness is likely to continue as Brazil’s soybean oil production is expected to be lower in 2021 than 2020. The country’s blending mandate will also increase from 10% to 13% in November 2021. Argentina, the biggest exporter of soybean oil, is also expected to lower its exports until 2022 on accounts of higher biodiesel use. The domestic consumption of soybean oil is expected to increase by 1.8 million tonnes in the crop year 2021-22 to 61.4 million tonnes compared to the previous year.
with more vaccination roll out, christmas coming, follow by new year, follow by CNY. will this drive demand for seed oil?
To i3investors admin....request to block all article/blogs written in the language other than B.Melayu dan English.This forum is for readers from various race and background and as such it is diabolically unfair,uncouth and is a clear attempt to create unfair advantage to one group or the other by posting articles that cannot be read or understood by all and sundry.In Malaysia,all citizens are expected to have an understanding of the Malay language at least at the rudimentary level or a smattering of it.
I do not read Chinese also. But there is google translation. Just cut and paste. People also form group and we are not privy to the discussion unless we are member.
Same profit around 18Million like subur..but discount price at 0.700..Subur 1.30...No brainer? Buy lo...Once breaking MA200 tommorow at 0.710. Will flying without wings
Jtiasa's adverse historical performance is past and now, it is on the way to good/excellent financial performance in view of the shear size of its plantations and good CPO market price.
Buying for LT is always the correct and right choice.
Market crash will hurt those companies'share prices which have exploded by '00% to 000% and without track records of past, present & future strong earnings.
Palm oil companies with strong FFB harvest volumes coupled with strong CPO market prices and sustainable FCPO, do you think their share prices will plunge like stones falling from sky.
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....
brianklc
1,624 posts
Posted by brianklc > 2021-09-28 12:12 | Report Abuse
Calvin, not meaning to disrespect, jtiasa supposing should ride on the commodities hike trend… HOWEVER, the management does gamble and lose on futures… which for this qtr, eat up 25% of the profit… and without the fv adjustment of the biological assets, it might even having qtr loss… hence, is it still worth to invest?