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228 comment(s). Last comment by Addy at Jan 12, 2021 1:23 AM
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10952 posts

Posted by Mabel > Oct 10, 2020 12:44 PM | Report Abuse

Plantation - Key Takeaways From Globoil's Webinar
Date: 9th October 2020

Solvent Extractors Association of India organised a webinar yesterday titled “World Price Outlook for Vegetable Oils and Meals”. There were three speakers i.e. Thomas Mielke from Oil World, Dorab Mistry from Godrej International and James Fry from LMC International. Here are the key takeaways from the webinar: -

James Fry said that rains and good palm prices would encourage better estate maintenance in Malaysia and Indonesia, leading to improved palm production in year 2021F. Rains would boost CPO supply in early-2021F and in the meantime, there would be a seasonal pick-up in production in 4Q2020. Peak palm production may be delayed by a month or two from the usual month of October or November in Malaysia.

In terms of demand, many companies in the HORECA sector (hotels, restaurants and catering) may not survive without government support. Families in low income countries may be trading down to smaller bottles of cooking oil. James Fry did not give a price forecast.

Thomas Mielke said that CPO prices may hover around US$700/tonne (RM2,905/tonne) in 1H2021. He forecasts global production of palm oil to increase by 3.5mil to 4mil tonnes in 2021F. CPO output in Indonesia is estimated to rise by 3mil tonnes in 2021F from about 43mil tonnes in 2020E. Thomas Mielke expects CPO production in Malaysia to be flat in 2021F.

He added that global soybean supply is ample currently in spite of weather-related losses in the US. He expects world soybean supply to increase by 21mil tonnes in 2020E/2021F as Brazil is envisaged to record a record output of 132.5mil tonnes (2019/2020E: 126.5mil tonnes).

Dorab Mistry believes that CPO production in Malaysia would be flat at 19.9mil tonnes in 2020E compared with market expectations of a decline. We believe that this implies that 4Q2020 production would be strong as Malaysia’s CPO output fell by 4.7% YoY in 8M2020. He did not give a production forecast for 2021F although he said that palm supply would be good.

Dorab has suggested a dynamic biodiesel mandate to the Indonesia government whereby if CPO prices exceed US$600/tonne, the biodiesel mandate would be reduced to B25 from B30. If CPO prices exceed US$700/tonne, the biodiesel mandate would be reduced further to B20. With this, the biodiesel mandate would still be implemented but at the same time, the smallholders would not be affected by the CPO export levy. Currently, Indonesia implements the B30 biodiesel mandate with subsidies from the CPO export levy of US$55/tonne.

Mabel Research House

84 posts

Posted by alfred > Oct 17, 2020 1:29 PM | Report Abuse

Stressing a point In the virtual International Palm Oil Sustainability Conference (IPOSC 2020) hosted by the MPOC recently, he said despite rapeseed’s scandalous distinction, its import and use for the EU’s biofuel requirements get a free pass with no questions asked about its sustainability.
Canada, as one of the biggest sources of rapeseed for biofuels in the EU, also gets ‘unfettered access’ to the EU’s biodiesel market,

Michael Kwok
2986 posts

Posted by Michael Kwok > Oct 17, 2020 10:45 PM | Report Abuse

U see mine 50 percent above return.Its went to as high 15 cents(in 3rd quarter 2020) or 85 percent returnfrom the pricing as date below.KLK only went to as high as less thn 15 percent return which is rm 24.

Michael Kwok
2551 posts
Posted by Michael Kwok > Apr 9, 2020 4:12 PM | Report Abuse X

Come to Benalec.Put rm 50k to invest.Only 8-10cents.Nothing to lose.Long term will be rewarded.Land reclaimation company.Company should come clean after 3 years of impairment.

Michael Kwok
2551 posts
Posted by Michael Kwok > Apr 9, 2020 8:17 PM | Report Abuse X

Please read.Please follow;....
Michael Kwok
1659 posts
Posted by Michael Kwok > Apr 9, 2020 4:12 PM | Report Abuse X

Come to Benalec.Put rm 50k to invest.Only 8-10cents.Nothing to lose.Long term will be rewarded.Land reclaimation company.Company should come clean after 3 years of impairment.

Michael Kwok
2986 posts

Posted by Michael Kwok > Oct 17, 2020 10:47 PM | Report Abuse

Now,Im calling to invest in SCH 10.5 cents-13 cents.If got money invest rm 50k or above.KLK shareholders Usually got money.If normal rm 15k.The shareholder of SCH is Dato Ong from Rubberex(rubber glove company) or through Hextar(mother company of RUBEREX.

Michael Kwok
2986 posts

Posted by Michael Kwok > Oct 20, 2020 1:24 PM | Report Abuse

Last call for KLK shareholder.Buy SCH 11 cents only.Invest rm 50k above.The train going to leave.

52 posts

Posted by xing > Oct 21, 2020 12:37 PM | Report Abuse

Crude palm oil (CPO) prices were up to a nine-month high of RM3,011 per tonne in mid-September, as a result of the recovery in demand for palm oil mainly from India and China. This contrasted with the low of RM1,962 per tonne in May.

10952 posts

Posted by Mabel > Nov 5, 2020 10:41 PM | Report Abuse

Congrats to all KLK Supporters

Fantastic Day for all Farmers..

Prevailing CPO Price as of yesterday is RM 3354. Cost of producing is between RM 1500-1800. This will be good for our farmers. So we expect more movements in this counter due to feel good effect on the latest Indian FGV Oil Palm Contract, Bullish FCPO (Jan FCOP has already breaches RM 3,144), current CPO prices plus the feel good effect of 2021 Budget which will be tabled tomorrow.

Well done Everyone !

Meow Meow Meow

17786 posts

Posted by Mikecyc > Nov 8, 2020 8:09 AM | Report Abuse

KUALA LUMPUR, Nov 7 (Bernama): The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is likely to trade lower next week on technical correction after touching an eight-year high on festive demand.

Singapore-based Palm Oil Analytics owner and co-founder Dr Sathia Varqa said India, the largest palm oil importer with 1.3 billion population, has already secured its edible oil purchase and forecasts a quiet shipment of Malaysian palm oil into the country.

"The Malaysian Palm Oil Board is expected to release its monthly supply and demand data next Tuesday (Nov 10), which is expected to be lower than October. This has been priced-in this week, so next week we should see some correction barring any surprise from MPOB," he told Bernama.

He said the CPO futures market on Friday ended lower amid profit-taking activities as well as positioning ahead of the MPOB October report and United States Department of Agriculture (USDA) November report due next week.

James Ng
2065 posts

Posted by James Ng > Nov 11, 2020 7:58 PM | Report Abuse

[转贴] [Video:浅谈KUALA LUMPUR KEPONG BHD, KLK, 2445] - James的股票投资James Share Investing

37 posts

Posted by Godllub > Nov 14, 2020 11:47 AM | Report Abuse

What is the average yearly dividend from klk


39935 posts

Posted by calvintaneng > Nov 18, 2020 9:10 PM | Report Abuse

Klk good result is another strong confirmation we are now solidly in cpo bull run time

95 posts

Posted by OldWiseMan100 > Nov 21, 2020 1:35 PM | Report Abuse

Price correction coming as shown in TA chart. RSI at 80% all time high. MACD all time high and about to cross like previous crossing. Volume down

77 posts

Posted by SelfMadeMillionaire > Nov 25, 2020 1:21 AM | Report Abuse

Will budget 2021 pass? Tengku Razaleigh and a few BN MPs refuses to support the budget, if Budget fails, market will crash? Buy now or sell? How? If budget fails, parliament dissolve? market crash?

2885 posts

Posted by Keyman188 > Dec 6, 2020 12:19 PM | Report Abuse

Keyman188 still can recall...

During 2014, when CPO average price was 2780, Plantation index was around 9400 level...

But as per today, CPO average price is standing 3350, Plantation index only 7349 (as per Friday closing) level...

So any CPO expert can guide this naive Keyman188 why so much different ???...

Perhaps CPO price gradually increased but overall oil palm planter companies unable to deliver great performance results !!!......

Is it unable to justify !!!......

39 posts

Posted by mike > Dec 6, 2020 4:46 PM | Report Abuse

The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives extended its gains to close higher today on expectation of lower output and lower stockpiles.Palm oil trader David Ng said CPO futures prices had increased to above RM3,400 per tonne, the highest level in eight years, following bullish market sentiment.We locate support at RM3,380 and resistance at RM3,500 a tonne.

1920 posts

Posted by WealthSoWonderful > Dec 11, 2020 1:13 PM | Report Abuse

For those serious mature sensible minded long term investors among y'all ... Do consider TopGlove as another egg in your basket, another arrow in your quiver, another string to your bow

1920 posts

Posted by WealthSoWonderful > Dec 11, 2020 1:14 PM | Report Abuse


TopGlove IPO price RM2.70 March 2001

2,000 units = RM5,400

Bonus issues:
2002 3:10 ==> 2,600 units
2003 2:5 ==> 3,640 units
2005 1:1 ==> 7,280 units
2007 2:5 ==> 10,192 units
2010 1:1 ==> 20,384 units
2016 1:1 ==> 40,768 units
2018 1:1 ==> 81,536 units
2020 2:1 ==> 244,608 units

Today 244,608 units x RM8.70/unit = RM2,128,089

Capital Appreciation = From RM5,400 to RM2,128,089 in just 19 years

This is clear solid undoubtable undeniable evidence of the awesome benefit by way of exponential growth that you get from investing long term in TopGlove

Anyways, this is not a call for buy or sell, but just sharing of some inspirational motivational confidence-building information.

Do your own due diligence

Invest at your own risk

2885 posts

Posted by Keyman188 > Dec 13, 2020 9:00 PM | Report Abuse

Keyman188 saw TopGlove player come here to promote here to approach members here support...


Aiyo...why so many TG investors so worry whatever negative news...

Keep on defending whatever bad news...

If you are always talking keep it for long term, why so worry share price drop !!!...

You all come out so much noise unless you all also started to doubt your own perception & decision!!!

Laugh die Keyman188 lorrr...

10952 posts

Posted by Mabel > Dec 16, 2020 1:35 PM | Report Abuse

Palm oil has a 5 year cycle of long term trends of bull and bears .

2009-2014 uptrend bull run
2014-2019 bears
2020- 2025 uptrend super bull run starts.

Farewell Mr Bear, the Bull is taking over…

Meow Meow Meow

53 posts

Posted by hasnah > Dec 23, 2020 10:36 AM | Report Abuse

CPO export tax at 8% from Jan 1 to 31, says Customs Department

53 posts

Posted by hasnah > Dec 23, 2020 10:37 AM | Report Abuse

Royal Malaysian Customs Department said the 8% export duty rate was set after the CPO market price reached RM3,450 per tonne and above.

53 posts

Posted by hasnah > Dec 23, 2020 10:37 AM | Report Abuse

The rate would be effective on Jan 1 until Jan 31, 2021, marking the end of the zero export tax enjoyed from June to December 2020, which was aimed at raising the value of Malaysian palm exports to other countries, mainly India.

570 posts

Posted by Gtrade > Dec 28, 2020 11:35 PM | Report Abuse

GOOD NEWS....CPO price has exceeded 3800rgt. Cpo bullrun has started

39935 posts

Posted by calvintaneng > Dec 31, 2020 2:35 PM | Report Abuse

Klk cost of cpo production only Rm1,465?

Really efficient !

1009 posts

Posted by Seeyounoup > Dec 31, 2020 4:54 PM | Report Abuse

looks like this calvintaneng bought a lot of CPO related stock . lol . keep promote every single palm oil stock .

10952 posts

Posted by Mabel > Jan 11, 2021 9:48 PM | Report Abuse

11-Jan-2021 04:14:12 PM

KUALA LUMPUR, Jan 11 (Bernama) -- The Ministry of Plantation Industries and Commodities (KPPK) has given an assurance that oil palm plantations will be given permission to operate as usual if the government implements the Movement Control Order (MCO) 2.0.

Minister Datuk Dr Mohd Khairuddin Aman Razali said this was important to ensure that palm oil production was not interrupted and the country could continue its commodity exports to the rest of the world.

"We have gone through the MCO 1.0 phase in March 2020 and today we have been through it for almost one year. Of course, we have learned the best way for us to manage the plantations more prudently.

"Besides that, workers in oil palm plantations have always practised social distancing and their jobs require them to distance themselves. Hence, the spread of COVID-19 can be avoided," he told a press conference in conjunction with the Palm Oil Economic Review & Outlook (R&O) today.

Mohd Khairuddin said his ministry was optimistic that the palm oil trade performance would be better this year due to the positive forecast of the country's economy, as well as productivity, which is expected to increase due to good agricultural practices that formed the basis of the Malaysian Sustainable Palm Oil (MPSO) certification scheme.

He said as at Dec 31, 2020, a total of 5.2 million hectares or 88.25 per cent of the 5.9 million hectares under oil palm cultivation in Malaysia have obtained the MSPO certificates.

A total of 434 mills or 96.02 per cent of the 452 palm oil mills have also obtained the MSPO certificates.

Meanwhile, he said Malaysia has decided to file legal action with the World Trade Organisation (WTO) against the European Union's (EU) restrictions on palm oil-based biofuel

7794 posts

Posted by DickyMe > Jan 11, 2021 9:51 PM | Report Abuse

RM 15 coming soon!

228 posts

Posted by Addy > Jan 12, 2021 1:23 AM | Report Abuse

禁跨州跨县、堂食 5州3直辖区重新落实MCO

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