Currently the shortfall sunflower from Ukraine n Russia are offset by China lockdown… China lockdown won’t be forever at most till May, and currently there are more and more factories back into business by way of “closed loop”…
Malaysia share market can't use theory to analysis. A lot factor is ours outsider don't know one. All of you cannot see, even though palm oil price up, Indonesia ban export, Ukraine war can't plant sun flower, soya oil price up and etc, but Malaysia plantation share just like nothing happened to them. Suka suka up, suka suka down......
More buying interest after it went down so much for 1 week, be it share price or CPO… but just beware of shark movements when MPOB stockpile reports later… don’t panic, it’s already anticipated… production increase (due to oil palm production cycle), export decrease (due to buyer last min order to secure Indon stocks before ban)… but as usual, sharks will press down in the afternoon…
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 > 2022-05-09 17:19 | Report Abuse
Sifu, just buy n keep… I think this is what most of the sifus here doing… thts y it’s very quiet here lately