Egg excitement Poultry farmers began running adverts on TV where cricket players and other professional athletes promoted eggs as a healthy food. The PR campaign worked, with per capita egg demand almost doubling in the last two decades, said Jaison John, a general manager at Suguna Foods Pvt, a top poultry producer in India.
After a dream run in the last few decades in India, palm oil has now started to see headwinds, It’s time for palm stakeholders to relook at their long-term strategies.
As part of the efforts, palm producer Sime Darby Oils and the Malaysian Palm Oil Council (MPOC) will organise seminars and workshops in India to showcase the latest developments in the industry, said Sandeep Bhan, the chief operating officer for trading of Sime Darby Oils. But more has to be done, and importers as well as exporters need to work together to jointly promote palm oil
the engine started. With favorable CPO price , other revenue (power source), enlarged land bank that contribute 10% more on total FFB , good utilization of mill plant, prudent management, this company is set to soar in FY 2021
The bullish prices experienced now cannot be fully exploited and this is going to be a big loss to both the industry and the government. Benchmark futures in Kuala Lumpur have surged almost 50% from their low in May
Even Qtr out, if no mistaken, Apr /may/Jun fcpo is not as good as current CPO price.. mostly in average Rm2200+.. will good Qtr results.? Still need to sleep a while... May be..
WHAT ARE THE REASON FOR PALM OIL PLANTATION TO CONTINUE SEEING A BULLISH PRICE THROUGHOUT END OF 2020 UNTIL START OF 1H OF 2021.
1. CHANGES OF WEATHER AFFECT SOY BEAN HARVEST THE GLOBAL WARMING EFFECT HAD BROUGHT HEAVIER RAINFALL DURING MONSOON SEASON. THE WETTER THAN USUAL RAIN AND STRONGER THAN USUAL WINDS WILL DESTROY CROPS, HENCE DECREASING THE HARVEST OF GOODS.
2. LOCUST SWARMS ATTACK ON INDIA DEVASTATED AGRICULTURE PRODUCTS, INCLUDING SOYBEAN PLANTATION.
3. GROWING DEMAND FROM ORGANIC BROILERS (CHICKEN FARM) PUSH UP NON-GMO SOYBEAN CONSUMPTION
4. INDIA REPORTED A 30% DROP ON GMO SOYBEAN HARVEST
5. CULTURAL FESTIVAL WHICH ARE LINED UP (CHINESE - MOONCAKE FESTIVAL, INDIA - DEEPAVALI, DECEMBER CHRISTMAS) WILL PUSH UP EDIBLE OIL CONSUMPTION FOR 2H 2020.
Based on Kimloong Weekly chart, RSI in the comfortable area of 50+, and Stochastic %k blue crossing up, with expected highest weekly volume this week, predicted it will go north and break the new high of RM1.62 by or before the next quarter report announcement. Beside that , fundamental wise, it is believe that management will improve on dividend payout and the announce the completion of the land acquisition. Let's ride on the strong trend.
I am only holding Kimloong at the moment and i believe it is my best bet.
Hopely wont offence others will those wording like believe, expected, predicted.. haha
Tomorrow shall see the break through the resistance of RM1.53 and move forward. Based on today weekly chart, it is perfect. Weekly MACD golden cross, High volume, and Stochastic crossing up.
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....
EngineeringProfit
20,815 posts
Posted by EngineeringProfit > 2020-06-19 15:22 | Report Abuse
Perikatan Nasional BOLEH!!!!