Happy to see many familiar names are here... Lagi happy the QR is so good. Hope it go back to RM1+!! maybe next QR released in end of Feb 2021.. The 0.5sen div is actually very good.. not as someone said ciput. Pls consider not too long ago Bplant only 20sen...
Share prices has been climbing steadily from 0.39 to current ~0.60, since the last reported QR in 25.8.2020 --> ~50% up, can the profit catch up in the next quarter? I bet it will and probably the current share price has been reflecting that already. There are few good things I observed from current quarter: 1) Revenue probably exceeded by ~10mil vs street expectation, highest in the last 11Q, 2) Borrowing has been reduced ~70mil however 0.5sen declared as dividend, would be better to keep cash/pay off more debt, some might see this as +ve on the other side :-)
I still remember when sifu calvin 1st promoted Gloves beginning of the year, if Raider just listen to sifu calvin n buy....b4 the price spike up, raider would have make few hundred percent gain loh...!!
Raider regret did not follow & do it immediately, when gloves still at a very low affordable price loh...!!
Raider now realise plantation stocks are something like Gloves situation beginning of the Year mah...!!
Just buy b4 spike up loh...!!
Posted by calvintaneng > Nov 25, 2020 11:54 AM | Report Abuse
As cpo prices maintain above Rm3300 a tonne all palm oil stocks will be good to very good
Posted by calvintaneng > Nov 25, 2020 11:56 AM | Report Abuse
As a rising tide of lifts all boats so rising cpo prices will be universally good for all palm oil share as a whole
A Genuine Bull Run Comes like Incoming Waves on the Sea Shore
IT COMES IN 3 STEPS. THEN PULLS BACK 2 STEPS
AND IT RETURNS AGAIN IN 3 WAVES THEN WITHDRAWS IN 2 WAVES
THESE WAVES PATTERNS ARE LIKEN TO A GENUINE BULL RUN (AS OPPOSED TO QUICK PUMP & DUMP STOCKS WHICH ARE JUST FLASH IN THE PAN: IT FLASHES UP!. DRAWS IN SORCHAI. BURNT THEM KAW KAW. THEN GAME OVER)
NOT FOR GENUINE BULL RUN STOCKS THAT TAKE MONTHS OR EVEN YEARS TO RUN
Advanced Vocabulary for English Language Learners: A flash in the pan
ABOVE: FLASH IN THE PAN. PUMPED LIMIT UP. THEN DUMP TO SORCHAI
BELOW: BOILING WATER:
IT TAKES TIME TO SLOWLY BOIL
FROM ROOM TEMPERTURE
TO WARM
TO HOT
TO STEAMING HOT
IT ALSO TAKE QUITE SOME TIME TO RETURN
FROM STEAMING HOT
TO HOT
TO WARM
TO ROOM TEMPERATURE
The physics of a boiling kettle – my question to the commission! | Roger Helmer MEP
WHILE PALM OIL SHARES ARE TURNING FROM ROOM TEMPERATURE TO WARM (IT WAS LUKEWARM)
MEDICAL GLOVES ARE DESCENDING FROM STEAMING HOT TO HOT = LAT
India on Thursday slashed import tax on crude palm oil to 27.5% from 37.5%, the government said in a statement, as New Delhi tries to bring down rising food prices.
Mumbai-based Sunvin Group's founder and CEO, Sandeep Bajoria, said that "the government was concerned with the high prices locally, and called for the duty reduction to cool the market
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....
ken
673 posts
Posted by ken > 2020-11-23 20:55 | Report Abuse
Happy to see many familiar names are here... Lagi happy the QR is so good. Hope it go back to RM1+!! maybe next QR released in end of Feb 2021..
The 0.5sen div is actually very good.. not as someone said ciput. Pls consider not too long ago Bplant only 20sen...