rlchCPO up, foreign fund buying due to FGV grossly oversold could be the reason.
prudentinvestorWith CPO hovering at around RM 2,200/ton and crude oil at around US$ 45/barrel, FGV is extremely unlikely to rise above RM 3 per share. I would cut loss at about RM 2.80 to RM 3.00 and wait for it to come down before re-positioning.
Lim Elsonbo energy.. no one post or advise.. when energy come.. all become expect..
workingRe-Tong Kooi Ong --- Forex ---there are thousands of forex players trading everyday on currencies . Does trading against RGT a CRIME ? Trading against USD is okay ? If Bank Negara doesn't have competent people on the job , that's the reason why the RINGGIT is falling drastically , not because of Currency traders like the many thousands not mentioned . It's is the Govt whom is trying to shift BLAME !
zackboyTo be fair many currencies i.e. Aussie dollar, Russian rubble, Venezuelan bolivar, are depreciating except USD. Many analysts expect currency war.