look at HEXTAR GLOBAL, 2Q earnings double YoY, stock price also didnt further up, i cant imagine what will be happens to those plantation stock especially those very pandai talk sifu stock : TSH, SOP, Jtiasa, Thplant, Subur Tiasa and Wtk
CPO prices so strong, why can't it break below 4000? Is it because the world needs palm oil + inflationary pressures? Seems so..... what say everyone here?
calvintaneng, either your English got problem or your interpretation ada isu. Read b4 you comment. But it doesn matter , because you are get used to twist and turn something
For the past 100 yrs of cpo history. When price broke 800, many will say will drop back below 400. When price broke 1800, many will say will drop back tbelow 800 When price broke 4000 resistance ,many still say will drop back below1800.
Every time it broke the resistance. Palm oil stock will also break resistance in 1 to 2 yrs time. Why so long,because big fund will only buy for long term when got consistent profit. They as well will dump during initial break out. Look at klk in 2008. Broke 5 to 12 drop back to 5 go back to 12 and broke the resitance 2 yrs later and never went back down below 12 until now.Those bought klk at 12 before it went back to 5 were profitable 2 yrs later in 2010 when it broke the resistance at 12.
Palm oil company must have patience. Because big fund are all very patient. Of course if want quick profit then dont invest palm oil.
Do you know all efb stock in malaysia are all sold out at very good pricing because many company are investing in bio product to move away from fossil fuel.This is the future. Imagine all fossil product are made from plant based in future. Just like ev investor imagine all old car convert into ev car.They are both future trend.
Last night, I had a dream. I was in a oil palm estate in Sabah with a phone in my hand. It was raining. As TSH was facing some downward volatility, tears ran down my face and fell onto my smartphone. I was lost...
Suddenly, I heard an assuring voice call out to me. I looked back and lo and behold, it was Mr Aik Pen, holding a Pasotti umbrella. He reached out his hand and placed it on my shoulder, "Fret not, young man. I understand that you are human and have your doubts. But I am here to tell you that the palm oil supernormal bullrun has just begun. I am taking the company private at RM12. Now wake up and tell the world about the good news."
I woke up. The morning sun gently shined upon my face as the birds chirp joyfully. The future is bright. I am on board.
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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....
stockraider
31,556 posts
Posted by stockraider > 2022-08-22 13:56 | Report Abuse
Mana ada leh ??
U ask sifu sslee lah!
What raider says are true mah!
No tipu tipu loh!