"On the whole, the palm oil outlook in 2021 looks favourable compared with the average prices of 2019 and 2020," CPOPC added. It estimated palm prices this year would average around RM2,600-2,650 a tonne.2020年12月1日
A lot of people who invested in plantation are upset with Mikecyc. Sometimes we have to consider opposing views which are backed with facts. He took a lot of trouble to post up-to-date data here for everyone to make an informed judgement. Plantation companies will definitely post improved earnings but CPO price above RM3,000 will not hold up forever. Always diversify your investment.
Common sight of “I told you so” for those tht guess it correctly. Kindly note gov will not import export tax of 8% it hits lower than 3,450. Hence 3,450 is almost same as 3,726. Let’s wait and see for coming qtr announcements.
Guys, please be reminded as long as cpo price above 3000 ringgit the industry will make a lot of money, especially the coming quarterly financial report traded with average cpo selling price around 3340 ringgit therefore the result will be super good compare with last year. Thus the price pull back at the moment could be temporary .
Actually, even though declared a set good quarterly financially result doesn't guarantee the share price will goes up but a lot of other factors also play a role such as market on bull run and therefore attracted alot of short term betting activities or could be counter is reserved for take over offer will also push up the share price .So it depends on the major syndicate approach to where the direction is moving towards either south or north. Last year,a particular counter name SOLUTN with NTA 12 cents shot up the share price from 18cts to 2.00 ringgit with only showing a piece paper written with the word MOU from a major vaccine producer from China and until today we haven't seen vaccine at all, since no products available therefore no revenue received to increase the business profit which in turn to improve the P.E ratio but playing syndicate ignored that and played up the price to 2.00 ringgit level.,At this moment, the company still haven't received license from KKB to operate health care business whereas share price stay at 1.25 ringgit .For the past one year this company's traded share price is base on non existing forecasted profit and the funny part is that the high level share price sustained for more than one year without any real supported business profit ? For Bplant, everything is real,NTA 1.15 ringgit ,business is on the way to turn round from lost to profit .at the moment the share price is 53 cts,so ,not to be worrried ,hold tight !!!
Recently,TOYOVEN declare to have received project from Vietnam government worth 13.1 billion ringgits, immediately the share price shoot up from 1 ringgit to4.31 ringgit. The project haven't started yet ,the question is when the construction work going to start ? so where is the funding ? where is the revenue ? what is the cost ?where is the profit ?Without these data, how to calculate P/E ?But on the other hand ,share price already skip jumping three folds within three months without backing from proven fundamental improvements is a clear card that sometimes share price can be manipulated to feed the personal interest of certain groups .Again, compare to other super high risk counters Bplant is a solid company and traded at undervalued price !!!
I echo you beltland, the funniest part is many of these penny stocks, not just solutn, trade on hope for vaccine or gloves, and with some news link to them many ppl coin those stocks as vaccine stocks... Omg
Yesterday Hartalega declared a super good quarterly financial result, so Hartalega today share price should jump start and keep moving up higher and higher in tandem with the good announcement , unfortunately, it's bad news for many long waited investors that the market price traded in opposite direction being keep going down instead of going up ,This is a solid proof that business profit is not the sole criteria to move up share price besides involvement of human relationship complexity and money matters !!
And Old NEWS ! See this ...... https://www.globaltimes.cn/page/202101/1212629.shtml ( from China news ) ....... " Sinovac's COVID-19 vaccine is 100 percent effective in preventing severe and moderate infections, 77.96 percent effective in preventing mild cases, and has an overall efficacy of 50.4 percent in Brazil's final-stage trials. " So Who to believe.? But I will Not USE Pfizer or Medena Vaccine. They are mRNA ..Ie:- This will CHANGE your cells in your body to manufacture the covid antibodies. Latest Technology and Method that has NO LONG term Data. What if the cells decide to mutate after 3 months ? 6 months ? 12 months ? ------ No data to support it.
"Moneyand Honey" ....... Have NOT seen you here before. So ..WHY suddenly talk about Sinocav vaccine ..Which NO ONE brought up ? Are U a CEIBER Trooper ? From US ?
Bplant have already turn around. Wait for coming qtrs result. Treat this as a 6mth FD deposit. 52 - 54 sen price ranch good to enter. Just my personal view
Date Settlement Price RM 26 Jan 21 3266 25 Jan 21 3242 22 Jan 21 3282 21 Jan 21 3284 20 Jan 21 3221 19 Jan 21 3267 18 Jan 21 3350 15 Jan 21 3423 14 Jan 21 3527 13 Jan 21 3692
Are you a jobless saddest ? Or a drug addict ? In the name of freedom to speak you posted rubbish illogical writings ! According to reliable resources, the operating cost for Bplant is around 1600rm to 1800rm ,so the present selling price above 3000rm for many months and will continue, therefore , definitely the company will make profit .When the company be able to make profit from the previous losing status,it's termed to have turn around for company business and thus company share price entitle rerating reward whereby market force will push the share price to a fair price to reflex the intrinsic value.There is strong reasons to believe the share will break the previous six month height of 68 cts as soon as the quarterly result announced on the coming month.
Mickey, there is a reason y u retired BUT not in retirement age, coz no 1 wants to hire u. With your cacat thought process, it’s clear y u r unemployed. And btw, whatever ur “picks” cannot pakai 1, u always go against the flow and sometime if it happens the tides change a bit, thn u will say “I told u so”. A lot of instances ur talking cock with ur cacat OKU analysis, below are the most recent 2.
1. Trying to prove using FCPO downtrend from month to month, which subsequently being debunked as this is how normally forward market works. Focus is on immediate months than in months long way to go.
2. Even net current liabilities in JT also u can criticise, NCL is normal for companies optimising its ST cash flow.
No doubt u help users here by copy and paste daily settlement price from MPOC website to show the daily spot CPO price trend, especially during downtrend, I sincerely advise u tht other than sharing readily available data, do keep ur analysis to urself. If not, be ready to be challenged and have an open mind as the burden to prove is on YOU as it’s ur analysis.
Conclusion, use SOUND (not cacat) analytical skill to analyse data. Always think holistically and not narrow minded. Open ur mind ready to accept opposing views positively.
Everyone can stock pick, just leave the stock pick to the experts who substantiate by analysing opposing theories before making a conclusion. For u, it seems u are more to prejudge a conclusion, and then finds data to support ur biased view. Just be more open minded.
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....
Mikecyc
47,002 posts
Posted by Mikecyc > 2021-01-22 14:50 | Report Abuse
By country Jan to Nov :
2020 : 2019
USA 494,306 : 510,224
China 2,583,025 : 2,233,888
India 2,178,517 : 4,270,864
Europe 1,799,012 : 1,934,165