good for azrb which has big palm oil investment in indon...
PETALING JAYA: Indonesia has finally agreed to withdraw the proposed draft Bill on foreign ownership limitation in its agriculture sector, which had faced opposition from many foreign plantation business owners, including Malaysian planters with operations in the republic.
In the final discussion on Agriculture Law revision No. 18/2014 that was held on Monday, both the Indonesian Parliament and government have agreed on the withdrawal of the proposed 30% foreign ownership limitation from the present 95%.
Yes,that is good news but AZRB is somewhat immune to such news.Dont they hv a monthly meeting to discuss company group growth vs their share price ? Someone obviously must take care of this dept.....
collect cheap stocks... no reservation??? commodities prices all round 5 years low.... properties prices falling,,, QE ending Oct.... etc etc etc etc etc and many more
nordimohd.....if u buy ,im very sure the stk will crash thru 80 cts.....u hv a good vision n very steady with yr purchases...Meantime, it will stay below 80 cts...but abv 70 cts
commodities prices all round 5 year low.... properties prices falling from Singapore to Shanghai... QE ending Oct... interest % going up.... etc etc etc etc etc and many more...
at time like this, cheap stocks may not be the best stocks to get into.... defensive stocks with projects in hand that can last last 2 3 4 years just nice for the next up cycle are better bets....
4u2c, as per my earlier statement i am just monitoring from sideline n currently azrb is in the closing up of the 2nd wave which (reconfirming azrb bullish cycle done by the previous 1st up cycle) , normally there would be consolidation before starting the last 3rd cycle so this is probably time for me to buy in....
chloe_ts, sold last year, just sideline monitoring...may be just may be next week is good time to buy.....holiday mood next week maybe mkt soft a little bit...
stale bull means you have waited waited waited...... waited waited waited..... !@#$%^&(*() waited some more... and now +_)(**&^^%$$@@! beh tahan liao.... and freaking giving up hope on AZRB and want to sell liao
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....
nordimohd
1,870 posts
Posted by nordimohd > 2014-09-20 08:50 | Report Abuse
good for azrb which has big palm oil investment in indon...
PETALING JAYA: Indonesia has finally agreed to withdraw the proposed draft Bill on foreign ownership limitation in its agriculture sector, which had faced opposition from many foreign plantation business owners, including Malaysian planters with operations in the republic.
In the final discussion on Agriculture Law revision No. 18/2014 that was held on Monday, both the Indonesian Parliament and government have agreed on the withdrawal of the proposed 30% foreign ownership limitation from the present 95%.
read more....
http://www.thestar.com.my/Business/Business-News/2014/09/19/Indonesia-pulls-back-equity-plan-It-wont-carry-on-with-draft-Bill-on-foreign-ownership-limitation-in/