I do remember a group of ppl were interested in PKS n have good contracts with POM . They then segregated the PKS to get small portions of PK too.The PKS using simple technology then turn into Charcoal then exported to Japan.
PKS volume are considered very big vol n as long there r POM@KKS ,Oil Palm Plantains such as FELDA,FGV,SD ,IOI,KLK willing to sell their PKS ,future of this industry are very good .
"What r the used of Palm Kernel"? better search n verified what it is about before investing. Looks like Insiders buying, FYR highly Satisfactory. NTA really ka. RM 7.90 or RM 4.80 Based on announcements, boss n kaya buying big quantities. Extra info as not many ppl know,PK are also being used as alternative to laterites n 1/4 in granite stones for the estate" A " roads @main roads.
While investing. Those ready charcoal are the grinded to more smaller pieces n then compress into cube of different sizes. Sometimes PKS are used as boiler starter but DOE will always monitor the chimney of most mill.🤣
Study their business n details of FYR to understand better PKS and wood pellets charcoal are safe n user friendly. Who knows got deal with Sabah Soft Wood.🤣.pusing sana sini good business.
I dono.. it's a just listed IPO. Profit taking n buying back lor.. U cannot distinguished panic selling n profit taking when big vol buy at 0.45 cts? like this oso got🤣🤣🤣.
Sometimes it takes short times n sometimes longer times.However fundamentally investment in this business are good as long Oil Palm exist in Malaysia.PKS can be turned into lots of things in futures.INVEST.
U grind it n use technology it will turn into something even flower pot,baskets,floor tiles mcm2 lor but of cz biomass have potential market n world wide.
If intents to invest since I know these type of business for more then ?0 yrs.Its ok to invest.Sellling for profits are normal in stock market especially for contra retailers.
Oil Pak produce CPO Fiber from fuitlets after extraction mainly use as organic fertiliser. EFB are used as mulching, composting. PKC are for oil too plus animal foods. PKS are bigger used as explains n there r very low percentages of kernel. Any byproduct Oil Palm projects normally MPOB will support n even the effluents itself.
Do u know that PKS or wood pellets can be used to make furnitures or picture frames but with technologies.Previously they intended to make it as well but cannot cz easily catch fire.
While investing,Maybe one day, these ppl can grinds to smallest size n mix wth cements or special gum to create foot bridges for harvesting access in the estates or small holders,which r much cheaper n lighter.
🤣🤣🤣it's good that ppl sell n that r normal for stock market.Make money think to run just run n if lowe buy at right px n time. It's a daily affair in stock mkt through out the world 😂
Baru mcmtu sudah panic .U think those big fund buying this week n next week sell ka.How good a ctr is when u think time to sell just sell.When time to buy just buy.Just pening2 if ur position is invest. Gelak lahhhh...🤣🤣🤣.
Based on announcements,big buying activities going on. by stages n with supports seen at 0.39 cts due to contra spellings.Probably the new buying interest will continue next week n value will be added gradually to approximate high of 0.52 cts if can strongly breach second try of 0.475 cts
When come to manufacturing products most issue are compliance.As investor we will be not aware of these matters.We are results oriented and one of our guidelines are FYR.
There are certain product can be reworks to avoid wastage but will of incured cost.If they have the Quality Improvement and Quality Excellent and able to set Sustainability and Continuous Improvement for long term,it will be ok.
PKS charcoal have moisture spec where normally either rework can be done but mostly a discount px @ as per contract agreement n will always based on Win Win Situations.
Arbitrage are not against Bursa Regulations n normally being done in big vol but for a small gains n it's very strategic n must have big fund n experience.
Eldridge's buy big vol n untung more than 2 cts oso big money.Contra on small vol won't helps.As for retailers buying small vol need to wait longer periods . Resistance 0.47 cts n new high could be 0.52 cts.if break 0.475 wth vol.
Is good as a start MOU with PT ORION Indonesia as we all know Indonesia is one of the largest oil palms plantations and they r not doing anything much wth PKS.
Next will be marketing to more Asian Countries n as well to encourage more M'sia n Indonesian to use this cheapest energy for daily use n user friendly.
When invest got to understand the whole n everything but to contra no need lah .Those 3 companies are dealing will world biomass business n not cap ayam for sure 🤣
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cicakman
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Posted by cicakman > 3 weeks ago | Report Abuse
I do remember a group of ppl were interested in PKS n have good contracts with POM .
They then segregated the PKS to get small portions of PK too.The PKS using simple technology then turn into Charcoal then exported to Japan.