I still remember when sifu calvin 1st promoted Gloves beginning of the year, if Raider just listen to sifu calvin n buy....b4 the price spike up, raider would have make few hundred percent gain loh...!!
Raider regret did not follow & do it immediately, when gloves still at a very low affordable price loh...!!
Raider now realise plantation stocks are something like Gloves situation beginning of the Year mah...!!
Just buy b4 spike up loh...!!
Posted by calvintaneng > Nov 25, 2020 11:54 AM | Report Abuse
As cpo prices maintain above Rm3300 a tonne all palm oil stocks will be good to very good
Posted by calvintaneng > Nov 25, 2020 11:56 AM | Report Abuse
As a rising tide of lifts all boats so rising cpo prices will be universally good for all palm oil share as a whole
Posted by kelvin61 > Dec 10, 2020 7:48 AM | Report Abuse
Most traders have neglected the super bull run on CPO prices that will bring windfall profits to the Plantation companies. There are still many selling for a song, cheers.
CORRECT!!
FCPO CLOSED AT ABOVE RM3600 MEANS MORE THAN 100% PROFIT FOR ALL PALM OIL COMPANIES
FEB 2021 FANTASTIC RESULTS FOR ALL PALM OIL STOCKS WILL REGISTER HUGE PROFITS
WHY?
ANSWER:
OCTOBER, NOVEMBER & UNTIL DEC 10TH NOW CPO HAS FCPO HAS BEEN HOLDING FIRMLY ABOVE RM3400 TO RM3600
Let's calculate the Feb 2021 figure
October 30 days
November 30 days
December 31 days
Total days of last quarter for 2020 is 91 days
Today is 10th day of Dec
So 2 months & 10 days = 70 days
70/91 = 76.9% of the Feb 2021 results will reflect These Very High Profit months
Even if production of FFB decrease by 10% to 15% the Huge Increase in CPO prices over ride all to Excel
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....
TheSecret
658 posts
Posted by TheSecret > 2020-11-10 18:54 | Report Abuse
Yup, up up up Mhc,
Hooray......