need to it to go at around 80-82sen again since I know that is the support level. anyway thanks calvin. you made me earn some in my short time in Bursa due to palm oil. learned so much from there.
In the Starbiz, SOP’s cost of production for FY21 was $1,500 to $1,600 pmt CPO . For FY22, it is estimated to increase about 10 to 15% yoy. Why so much hohahoha about fertilizer cost increase? Even if CPO is $5,000, plantation will still make huge profits!
it will always be like a yo-yo due to current situation. just my humble opinion just get in and out to multiply earning. when tech stocks down, commodity stocks rise and vice versa. use this pattern to trade. if really want long term, go to US stocks. malaysia politics not so stable la
last night, nasdaq did not perform well. malaysia tech stocks follow this morning and and many buys plantations. if tonight, tech stocks up again in US, tech stocks in malaysia going to be green tomorrow and we can guess what going to happen to plantation stocks.
I do agree with you Calvin. Just to remind some do not enter when the price is too high. wait until it dip to circa 82sen -85sen imo. by next May June, should increase by 30%. all in.
Free Malaysia Today reported that Malaysia is expected to collect more than RM1.0bil from the palm windfall tax in 2022F based on average CPO price of RM4,250/tonne and CPO production of 19mil tonnes. Plantation Industries and Commodities Minister Datuk Zuraida Kamaruddin said that the palm industry is also estimated to generate another RM2bil in revenue from the CPO export tax. Zuraida added that China is expected to import another 500,000 tonnes of palm oil form Malaysia in 2022F while India will be importing an additional two million tonnes.
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....
imvu
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Posted by imvu > 2022-03-16 08:58 | Report Abuse
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