We must understand that CPO at current price > RM 7000 - RM 8000 / tonne is once in a life time thing bcoz of current issues and will not sustaianble. But the price will avg for > 5000/tonne for this year at least and that's already adequate for the plantation companies to make good profits..
@speakup. These Anal-Lists are overpaid and ineffective. All these silly recommendations on Tech stocks are going south. Their PE is grossly overvalued and their charts are all downtrending. So, these Anal-Lists are trying to talk down the Plantation shares even though the charts are all uptrending and most of the Plantation companies are selling at single digit PE for 2022 at current prices. Wonder how these negligent Anal-Lists got employed in the first place.
He say, she says. Depends on each vesting interest, they will say to their advantage accordingly. Even in POC2022, these experts can?t even tell same story. So no one really knows.
Stocks and export supplies of oils are down, said Fry. The cupboard is bare. There is no alternative to letting high prices do the job of rationing demand to balance the market. Crude palm oil for local delivery in Malaysia will likely trade from 6,600 ringgit ($1,578) to 8,100 ringgit a ton until July, he said. Most active futures in Kuala Lumpur were at about 6,823 ringgit on Wednesday
i3 Hall of Fame/Shame (People that you must follow on i3) 1. Pang72: Contra God 2. Paktua: WhatsApp Pump and Dump God 3. Calvintaneng: "I told you so, buy this company that I recommend instead" AKA OG Master 4. Dompeilee: Appears in literally every stock that limit up Insider Trading God (I bought xxx two months ago and now it's up I am a God) 5. mf: Robot/AI God 6. CUTLOST: Career gambler 7. rr88/Cakes Moon: "Buy high sell low - Sell low buy high" 8. Johnzhang: Value + technical investor 9. OTB: OG Master 10. Mabel: FOMO Analyst
He added that crude palm oil prices had surged closer to the RM7,700 level again, while oil benchmark Brent crude eased to US$112 (about RM468.66) per barrel.
The more people come into Jaya Tiasa counter, the merrier. We should give them a warm welcome. Even better if foreign investors were to join in. There is a possibility as JP Morgan gives favourable comments on plantation stocks due the surge of CPO price which the foreign investors can hardly ignore. You may refer to JP Morgan's recent comments. However I don't know which plantation counter they will buy into or had already bought.
The Geezer bought JTIASA many years ago when the matured planted area was not of economy of scale to reap good returns. Geezer also overpaid at the time. Today, JTIASA is a different animal with majority of it's matured plantings in prime yielding phase. He seem to have noticed and still selling for half the price he paid previously. Let's see what he will do, cheers.
KYY should had recommended JTiasa around 65 sen in late Jan 2022 Recommending the stock after a sharp increased to RM1.11 (increased of 70% from 65 sen) with 2 months is highly suspicious. Typical "pump and dump" technique Buyer beware
There is an interesting article entitled : "Investors punished by sell-off find rare haven in Malaysian assets." From Bloomberg March 11 2022. It is copyrighted. You may run through the short report with Goggle search.
As I said, read all the reports with your own due diligence and not to put the blame to anyone. Bear in mind no one is perfect. No one should be claimed to be God.
Good morning. Let all of us learn and grow together in this forum. Read the news if you like when you are free. The article is entitled : 'How oil's historic surge is impacting Asian Stock Markets." Bloomberg March. 13, 2022 10.22am
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....
speakup
27,014 posts
Posted by speakup > 2022-03-08 16:19 | Report Abuse
https://www.theedgemarkets.com/article/mpob-cpo-price-has-peaked-projected-decline-near-term
izzit this fake news?