drkervokianwhether it goes back to 3.00 will depend on few factors. a) price of commodities. If this still goes down, it is an indicator of fewer demand b) price of gold. if this goes down, it double reinforces that economy is slowing down. c) US DJIA and SP500 as a signaler to Bursa. The correlation right now is very strong. haven't diverged yet due to local issues.
Anyhow, i've sold for friday. cause i dunno what's gonna happen tonight in the US and over the weekend globally with Russia/ISIS/Ebola situation.
Vin CullenPlantation wont go burst !! Look at KLK , GENP , IOI...So far so good !!! And.... The Most Largest Oil palm Is FGV... Why so worry ??? Since you're investor NOT contra...Dont care the prices every minutes.... Try put half year or more... Maybe will go back to IPO Price...who know ??
FOR the plantation sector, will zero CPO export duty help the industry as a whole?...from Starmobile.....@Ring....palm oil price @ 1900 can be disposed for biodiesel plant which is intact.The economists @ this conference r not sure of what they r talking or trying to sweep d truth under d carpet.Those giant plantation companies yield is only 20mt n d industry can collapse @ this yield.We have living examples like UP/KLK/IOI whose yield is above 23mt.What r they doing to increase d yield which shd be widely spoken by d top economist of d country. Govt is loosing plenty of revenue by abolishing export duty until Dec... the high yield will help to cushion d situation.Any expert economist or media writers shd elaborate on this...tks.