Profit Q1 is almost seal in concreate. With PE 13 div 7.6% nothing much can go way too wrong in short term. CPO cannot up production as fast as Crude oil, it will take months before the supply match the demand, my opinion is this is a very healthy correction. Agree with 888
Hahaha zhexiangxd it is ok for you to run if you have already made a bunddle, frankly my average cost is only 78 sen but I believe this stock will pass 1.40 easily. Do not compare gloves with palm oil lor. Gloves have low barrier of entry and production lead time very short where as palm oil you need to wait at least 6 years before you can see the fruits lor. Therefore palm oil counters are safe for at least the next 9 months and you will see another record profits in the next Qtr no bullshit lor
zhexiangxd , u want run u run lor, just believe bplant can fly higher & higher Sifu Calvin Thanks for your sharing. ya! last time got 1 Mickey Mouse, where he is now?
Malaysia investors are really different from others. All plantation stocks in Singapore & Indonesia were up today. Wilmar International Ltd +2.64% First Resources Ltd +4.59% Bumitama Agri Ltd +1.97% Astra Agro Lestari +2.64% Triputra Agro +11.59% London Sumatra +1.32% Tunas Baru Lampung +2.40%
Just panic selling amid escalated situation at the nuclear plant incident in Ukraine. I don?t think the situation will develop into a nuclear war . As such , i added Bplant and HSplant towards the closing yesterday as dividends are just round the corner.
Panic over nuclear plant incident in Ukraine. Brent crude hit USD 118 and Malaysia hosting POC conference Mar 7-Mar 9 {palm oil conference} should be positive
Noticed that LOTS of US funds are SELLING due to Ukraine Nuclear Plant incident. Across the Board even in US and European market. Chinese Counters in NYSE was also badly hit ....... As investor of Mid to Long term and looking for "Value" ..... CPO and Ev are good sectors to invest in times of uncertainty.
Nuclear war is a very unlikely event. Investors will come to their senses soon. Even without nuclear war, many sectors are losers due to impending interest hike, hyperinflation as a result of very high commodities price and the Russia-Ukraine war. The losers are tech/high growth sector, consumer products, industrial sector , property, infrastructure etc. The gainers are upstream O&G producers, upstream grains and edible oil producers , metals producer etc. The funds know which way to go.
Nuclear war? If Zap plant meltdown, which country is nearest to Ukraine? Russia! This is just a game Putin to punish western on the sanctions imposed? see? Just gun zap plant a bit, market lausai like mad?
Come on investor, buy this stock more. Better than REIT payout. Dividend plus share price benefit. Come come, don?t miss the train. To all REIT investor, come here and join the train lol
://www.theedgemarkets.com/article/how-strength-soybean-prices-linked-black-sea-conflict-?-braun .. "Soybean supply risks could continue beyond the current season. US farmers may not plant enough soybeans this year to maintain or build stocks, which could keep soybean and soybean product supplies tight until at least early 2023, when Brazil harvests its next crop. " ..... Interesting. Any comments ..... John/Planterman/Etc ??
LTAT payout announcement of 4.1% by PM yesterday at Segamat has minimize further disposal of the Board holding of investment. Brent crude prices is forecast & expected to trend higher by snaps over the Iranian oil vs nuclear deal. Analyst {s} forecast prices to hit a new price record of US 125 per barrel from last week price high US 118 per barrel. US farmers will switch to wheat planting following the upsurge in wheat prices vs soybean. Last but not the least Indonesia curtailment of its CPO exports has also squeeze and limit the flow of cpo in the edible oil market. The Indonesia directive to producers to channel 20% of thier production to government at a subsidised price set by the Minister is an unprecedented move. This week POC conference will bring more upside to the CPO market. Just my 2 sen worth
Malaysia is Asia?s ? new gold ?amid market volatility -Modular March 07, 2022 10:03 am +08 (March 7): Modular Asset Management will increase its already long exposure to ringgit-denominated assets as they are the new gold amid increased market volatility, said strategist Wai Ho Leong.
Resource exporters like Malaysia are the new gold. It is in a unique sweet spot, being Asia?s only net energy and edible oil exporter, said Singapore-based Leong.
It will start to stand out in stark contrast to Thailand, India and the Philippines, which are among the largest importers of oil, metals and food, Leong added.
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....
maestro85
248 posts
Posted by maestro85 > 2022-03-04 10:03 | Report Abuse
friday profit taking just like last week. will rebound next week