Hujan Emas Glove sedang bekembang Hujan Emas Vaccine mula nak jadi Hujan Emas Bandar Malaysia mula di sembang Hujan Emas Sawit sudah berbunga berseri seri
The KLCI is trading above the 200, 100 and below the 20, 50 day moving average. Downward bias for the Immediate term for the KLCI in a range of 1474-1600.
Next Week Focus - Plantation, Constructions, Gloves and O&G since Brents has already breaches USD 40 and is on the rise.
Hujan Emas Glove sedang terbang Hujan Emas Vaccine mula nak jadi Hujan Emas Bandar Malaysia mula berkembang Hujan Emas Sawit sudah berbunga berseri seri
Falling in love with Stocks at times is like jumping off Mabel Real Estates KLCC. Her brain tells, it is not a good idea, but her dildo tells, that kind of dreams make her moist..
" On stocks selection, we believe pure plantation players (eg IJMPLNT, TSH, HSPLANT, FGV, SWKPLNT, KMLOONG, BPLANT, THPLANT etc) to benefit more from the recent surge in FCPO prices (+9.57% WoW) and 13.6% MoM) and could attract active trading interests in the near term. To recap, recent surge in FCPO was mainly driven by a confluence of positives such as playing catch-up with a rally in soybean prices due to robust demand from China (as major crops were destroyed by typhoons), renewed buying interests from India, a weak USD, expectations of the development of a La Niña climate pattern potentially leading to lower production etc.
Based on the monthly chart, FCPO could break the formidable LT neckline resistance near RM3200, supported by the bullsih indicators. A decisive breakout above this hurdle could spur prices higher at RM3400-3600 zones. Key supports are situated at RM2700-2900 levels. "
CPO prices has bottom out at RM2757 at up again at RM 2822s level .., price firming uptrend.
Malaysian has Become the Top Palm Oil Supplier to China (Malaysia even beat Indonesia World No 1 Palm Oil Producer)
Malaysia’s palm oil exports to China increased by 31.9% or 316,400 MT over last year to 1.31 million MT from January to June 2020, while Indonesia shipped 1.28 million MT of PO to China, decreased by 42.7% or 956,400 MT. As a result, PO market share commanded by Malaysia in China up to June this year rose from 30.7% held last year to 50.3%, and Indonesia’s share slid to 49.2% from 69.2% for the same period in comparison. Malaysia has become the top PO supplier once again since 2015.
There are several risks factors on any Plantation earnings estimates, price target and rating. Key risks to the palm oil sector are:
(i) weather anomalies resulting in poorer-than-expected output growth -*Let's hope for a good weather the next coming 3 months*.
(ii) lower than-expected CPO price achieved – *On Target and currently CPO is Up trending*
(iii) negative policies imposed by import countries – *Positive*. The exemption of CPO export duty by the government of Malaysia till Dec 2020 will be positive for CPO exports (especially to India) and will help support CPO price which is expected to be under pressure in 3Q20 due to the anticipated stockpile build-up amid seasonal production recovery
(iv) unfriendly policies imposed by the Malaysian and Indonesian government on upstream or downstream segments – *Already factored on India’s move to restrict the importation of refined palm oil*. This will result in quicker build-up of MPOB stockpile when output recovers from 2Q20, and cap CPO price upside
(v) sharply lower crude oil prices which makes palm biodiesel demand not viable – *Brent has already breached USD 40*
(vi) weaker competing oil prices (like soybean and rapeseed- *On Target*. Alternative Oil Prices is on the rise which make Palm Oil very attractive.
The Palm Oil, whose scientific name is Elaeis guineensis Jacq, originates from West Africa. It were first brought into this country by the British in the 1870’s as an ornamental plant in their gardens. However, other countries were already familiar it and its uses. Among the earliest evidences of its usage were • Traces of my ancestors found in burial urns aged 5000 years in Abydos, Egypt • The barter of palm oil for salt centuries ago • A lubricant for engines and in the manufacture of candles, soap and margarine in Europe during the 19 th century.
Palm Oil started to make Malaysia its home on a large scale in the 1960’s. This started when the Malaysian Government introduced a land cultivation scheme for the purpose of planting oil palm trees.The purpose of this scheme was to eradicate poverty and raise the standard of living for the rural population. Today, palm oil grows and flourish in palm oil plantations which can be found throughout the country, from Perlis to Sabah.
malaysia palm oil really lousy, USA soybean price has breaked out USD1040 which equal to at least RM4200, but malaysia palm oil CPO pride still around RM2800.... = = Bodoh mininster
Malaysia is no hope, dont expect CPO counter will up, CPO price nothing to the performance of stocks counter. Yang penting ministers duduk siok siok, rakyat makan ubi
Prevailing CPO Price as of yesterday is RM 3354. Cost of producing is between RM 1500-1800. This will be good for our farmers. So we expect more movements in this counter due to feel good effect on the latest Indian FGV Oil Palm Contract, Bullish FCPO (Jan FCOP has already breaches RM 3,144), current CPO prices plus the feel good effect of 2021 Budget which will be tabled tomorrow.
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....
slee
588 posts
Posted by slee > 2020-09-03 08:53 | Report Abuse
I on boat BPLANT d...