RJ, some that play contra lost lots of money on Monday. If u observe a few plantation counters, especially THPlant, suddenly got lots of haters within Monday itself. For me, well, 1st part of Monday is very nice, but for some, 2nd part of Monday is damn brutal.
With the extended Raya weekend holidays till next Wednesday. players will be very cautious and not blindly punt any stocks. Contra players have different strategy " buy whatever hot counters today and sell whenever a few sen percentage points arise the next 2-3 days. investor buy for long term based on the potential upside
Simple key, if you satisfied the margin now and think can't get better offer from this price, then sell it. If you think currently price can't meet you margin requirement, then keep and wait good time. No wrong or right, some people can earn money in this share market and some people will lost money in this share market.Very very very less people can control the price up and down, if can, I'm sure the people would not appear in this forum. Remember, money earning from risk, just do your study. No easy money in this world... Your job is let market do decision how much for this bplant... Hope everyone can earn some money to make life easy...
Calculate risk vs rewards. Use the time tested formula what's the upside potential of the counter and the rate increase going forward vs the downward bias. New KWSP CEO {Amir Hamzah} needs to show his mettle and ride on the trend
Those that sell and buy back that morning makes money.
It’s always a dilemma. Later sell already can’t buy back if it continues to go up.
Dumb dumb hold the best. No need headache. _______________ brianklc RJ, some that play contra lost lots of money on Monday. If u observe a few plantation counters, especially THPlant, suddenly got lots of haters within Monday itself. For me, well, 1st part of Monday is very nice, but for some, 2nd part of Monday is damn brutal.
A convergence of multiple forces pushing up world's supply of grains and edible oil prices. Palm oil was unexpectedly hike up by the surprised Indonesia ban on their exports. The adverse drought on Brazil soy crops is damaging. Brazil is the world largest exporter and producer of soy beans. Not forgetting Argentina in March has earlier halted thier own exports. Ukraine the food basket of Europe has taken a big hit with the Russia war on their Eastern front. Wheat and Sunflower crops will be badly disrupted. China, India, European countries all are facing multiple food supply restocking issue. US, Europe is having a tough times balancing their need between high food prices and high energy prices { using ethanol biofuel as an alternate fuel } Food inflation is here to stay. High cooking oil is here to stay
(Highlight) Following Indonesia’s palm oil export ban, Malaysia may not be able to fill the supply gap to meet global palm oil demand, according to Malaysian Palm Oil Board (MPOB) director-general Datuk Dr Ahmad Parveez Ghulam Kadir.
U need to understand....we already had move ahead since the covid run in 2020 loh!
Now u need to be little bit more defensive & plantations with CPO price up and huge cheap landbank to manage inflation plus a good hedge against RM depreciation are good bets to manage this risk & capitalise on opportunities loh!
Posted by nhbeen > 44 minutes ago | Report Abuse
stockraider: Inflation is good for banking whereas recession is not loh!
So if u invest in banking when recession strike....be prepare for about 2 years share price consolidation mah!
Yup. You are right. In recession, all sectors affected and their share price as well. If you intend to invest for long haul, it is also the time to buy into some good companies. Normally, equity market will move ahead first when economy starts recovering.
BPlant is really undervalue and trading at a discount vs their peers. Look at First Resources prices started at SGD 1.75 in early March and slowly inched up to current SGD 2.28. Their FY 2HF result last year recorded a profit SGD 178 million. Yet analyst{s} covering the Singapore sector is still very conservative. They have a buy on Wilmar and a hold on Bumitama, First Resources, Golden Resources. Bplant is still stuck at the same price range betw 1.13 to 1.25
At that point of time writing CPO price was at MYR 4,200 per tonne { when the analyst make the calls} vs current prices of betw MYR 7,200 - 7,500 per tonne
US stock market doesn’t move bplant a bit… thn comes theedge article on predicted Apr stockpile, thts whn sell down happens… Apr production up is known as it follows the cycle, Apr export reduce due to buyers rushing for Indonesia palm oils due to the coming export ban, both are also known…
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....
brianklc
1,624 posts
Posted by brianklc > 2022-04-28 06:37 | Report Abuse
RJ, some that play contra lost lots of money on Monday. If u observe a few plantation counters, especially THPlant, suddenly got lots of haters within Monday itself. For me, well, 1st part of Monday is very nice, but for some, 2nd part of Monday is damn brutal.