Malaysia palm oil stock level fell 10%............ Malaysian palm oil futures were below MYR 4,280 per tonne, falling for the second session after hitting MYT 4,360 last week due to weakness in rival edible oil on the Chicago Board and a fall in palm olein on the Dalian. A drop in crude oil prices also weighed sentiment, as bets grew that the ongoing Middle East conflict would be contained. Traders were also cautious as the Eid al-Fitr festive buying nears its end. At the same time, they anticipated crucial economic data from key buyer China, including Q1 GDP figures and March industrial output and retail sales. Limiting the downside momentum was fresh data from the industry regulator showing Malaysia's palm oil stocks at the end of March fell 10.68% mom to an 8-month low of 1.71 million metric tons. Crude palm oil production gained 10.57%, while palm oil exports climbed 28.61%. On cargo surveyor data, shipments of Malaysian palm oil products for April 1-15 rose about 9.0% from the same period in March, Intertek Testing Services said.
If earnings peak in the next 6 mths(2 qtrs), price can still go down down DOWNNNNN from here i.e the peak has already passed for this cycle....because mkt is a discounting mechanism. If you're not prepared to hold 3-5 yrs better not touch!
i told you all dy .. dont believe speak up .. he always make ppl chasing high ! and calvin stil agree with him .. mean calvin known nothing about technical analysis hahahaha .. wait drop further more and swipe out speak up paper gains 1st .. he panic now dont know should sell or not hahaa wait speak up take small profit run aways 1st
dompeilee..life is short....showing off your mistakes and hoping people to 'suffer' like you wont make things better...throw away that bitter hate of yours...if attention is what you seek..go make tik tok videos.. one important lessons i learnt in life is not wish my bad luck and unhappiness onto others...you may think you are giving warning to others..but your presentation and attitude is just skewed towards condescending of others just to feed your ego of i told you so...10 years ago jtiasa was different from today ..the financials is totally different...but i guess your bitterness in life still stays the same after 10 years..
LOL...Now we know at least ONE person who's stuck BIG!😉Your resentment at the mkt going against you is showing up your bitterness & your attitudinal & temperamental unsuitability to trade/invest...
tambah like speak up ? dont be funny la.. he only tambah crazy above 1.37 .. this level he wont dare to tambah one .. and maybe thinking to run away lo .. speak up just a shit in i3vestor forum , can check his past comment in redtone ..
Fair value RM2-2.30. Super cheap sales. Don’t understand why so many dumped this morning. The biz isn’t affected by any conflicts between Iran and Israel.
sorry to dissapoint you dompeilee. my average is still way below today price...go continue to live your life like that..if that sort of bitterness makes you feel better ..i hope you be happy taking it down to your grave..
my suggestion is just ignore speak up comments.. when he shout to buy den sell it .. when he cutloss and quiet .. buy slowly hahaha u can make easy money if against his direction
Cheapest does not necessarily mean the best buy but has the potential to be the best buy. It falls upon the BOD to create and sustain value for all shareholders and that means consistent fair policies and good governance practices. Still some way to go for JTiasa in this respect.
Analysts all avoid this counter due to past bad governance. That’s true. A substantial holder lari without big buyers absorbing the sales. BOD have a lot to do still. But wind is definitely on its sail now and in the foreseeable future. What BOD will do remains to be seen.
Analysts purposely keep silence on Jtiasa could fall into 2 extreme scenarios. They either got a hidden agenda or piss off with the company. It is not the right time to launch any promotion activities at this price level. Not even by Sin Chew newspaper, which is owned by Tiong family.
Jtiasa's reputation is not that really bad besides high gearing and used to be unproductive FFB plus over goreng by kyy 10 years ago. Jtiasa got no issues in its accounts.
Undervalued can stay down for weeks & months, with sindikets almost absent after long years of attrition & virtually no newbies in the mkt since many of them were hammered during the covid FAKE bull mkt in '20-'21. Jtiasa is already receding into the rearview mirror with the price already reflecting fundamentals largely via a 100+% price appreciation in the last year, pressured by unknown 10-67 mil shr SELLING intention broadcast by sneaky Hongkie. Mkt had shifted to Gold plays last week & is now shifting attention to distorted undervaluation plays like Naim & MUI Properties.
BINGO!!! It took about a year for the 1st distortedly undervalued one...hope the 2nd one doesn't take a year. Original high-priced shrs in Naim (mercifully 5 lots only) not stuck as long as in Jtiasa...
Persistent undervalued is mainly due to tiny trade volume or low demand in shares. Look at the trade volume Jtiasa, daily 3m to 9m. Without volume, who dare to buy in bulk quantity to make big bucks. lol
Noted from EquityTrackers that many major shareholders, inlcuding the largest shareholder are holding shares pledged to banks.... Among them include Fong Siling
Anyone see a classical bullish harami candlestick yesterday? Would it be a potential three inside up triple candlestick pattern? RSI divergence with price can be noticed very clearly now. Potential bullish flag pattern still possible. Let's see if today is positive candle to confirm...... (4 weeks ago | Report Abuse If rebound from 1.35 not successful, strong support at 1.25. it is bottom of medium term uptrend channel)
if everyone know jtiasa is undervalue .. then it wont be so easy to realize it value... sure have to wash out weak holder 1st .. so maybe ahead got another bad news but not directly to plantation ..
see all d sifu less active in jtiasa forum dy .. that y la .. all kena Speak up lure to chase high .. betul rubbish orang tu ... cakap takut apa beli la ..
when price drop further .. speak up disappear... rising .. come out again said i bought alot of trading .. rubbish characteristic orang tu ... beaware of his comments ... now should monitor closely any bad news come out press down d price drop sharply then may can buy in little n little .. when trend confirm return to uptrend only buy in up more ...
Today is a negetive candle, it cancel bullish harami candlestick and potential three inside up triple candlestick pattern. The best is range bound now...........
jtiasas operator has successful wipe out d weak holder .. wait for bad news or further fear sentiment come in to test d support now dont simply jump in ..you can nvr catch d best lowest price in stock market ..
now all guru start quiet and start to say cash is king dy or take profit below 1.30 one all is noOOB weak holder .. they starting to doubt on their views on jtiasa.. confidence level drop ..
i pretty sure we are facing a bear trap before super bull coming .. sell on May ? may not really be true this time .. should buy ON MAY .. as alot of goodn ews will anounce after MAY like GDP data .. HSR project .. many many .. SEPT would be shaking onwards cos near US ELECTION ...
cannot do much le..the palm oil price dropped below 4k..sure the stock price will drop too..now only have to wait till their quarter report to come out first..
haha see ... drop sharply to 1.22 .. .. YTL 2023 sold at 1.30 not 1.50 now his bought at 1.26 .. if he cant sell at d top .. also mean he cant catch d bottom .. ... so ignore his and speak up comments..
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
27,069 posts
Posted by speakup > 2024-04-15 14:12 | Report Abuse
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Speakup bought few months back only. Not 10 year ago.
Bought 90sen, then tambahhhh to rm1 then tambahhhhh again to 1.10