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Last Price Today's Change   Day's Range   Trading Volume
1.56   -0.03 (1.89%)  1.54 - 1.60  872,500
323 comment(s). Last comment by joerakmo at Dec 2, 2020 9:21 AM
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ethan
39 posts

Posted by ethan > Nov 12, 2020 11:08 AM | Report Abuse

fasten the seatbelt and enjoy the Kimloong ride. Hope to see it break new record high soon.


ethan
39 posts

Posted by ethan > Nov 12, 2020 3:26 PM | Report Abuse

yes , the timing is just nice , RM1.52 now.. Gogogog


ethan
39 posts

Posted by ethan > Nov 12, 2020 6:22 PM | Report Abuse

Wow, FCPO jump above RM3500.

Tomorrow shall see the break through the resistance of RM1.53 and move forward. Based on today weekly chart, it is perfect. Weekly MACD golden cross, High volume, and Stochastic crossing up.

The time is here for Kimloong. GoGoGo.

source: https://www.bursamalaysia.com/market_information/derivatives_prices?code=FCPO


101st_airborne
65 posts

Posted by 101st_airborne > Nov 13, 2020 10:33 AM | Report Abuse

ethan, do you think it will pass 1.6?


Minagrace
16 posts

Posted by Minagrace > Nov 13, 2020 10:45 AM | Report Abuse

Good job, first plantation stock to break September high.


ethan
39 posts

Posted by ethan > Nov 13, 2020 11:02 AM | Report Abuse

@101st_airborne, i strongly believe it will > RM1.6x based on the current momentum and volume (Weekly volume is the top compare past 3 years). It's first resistance will be RM1.53 and i believe it can break it today. Then it will try to challenge the next resistance of RM1.6x.

There are few major catalyst, increase dividend payout soon, acquisition of palm oil estate complete soon that will contribute 10% more FFB, and ongoing strong demand for CPO due to bad weather, soybean oil surge and crude oil surge, plus coming fantastic quarter report release by Dec.

Just be patient and collect the gems.


101st_airborne
65 posts

Posted by 101st_airborne > Nov 13, 2020 3:01 PM | Report Abuse

ethan, i have looked at the CPO chart, it is climbing up without resistance meaning that it will still go up. I have reached the target sell price for my shares but with the cpo price soaring, i will still the lots.


ethan
39 posts

Posted by ethan > Nov 13, 2020 4:57 PM | Report Abuse

@101st_airborne, you may still keep for a while. Myself only bet is KMLOONG, so i unload 20%, then rest of it wait for the pullback next week. I believe it can break into RM1.60 by early next week, and consolidate a while before it move higher.


Ravin Cheema
841 posts

Posted by Ravin Cheema > Nov 13, 2020 8:57 PM | Report Abuse

https://www.theedgemarkets.com/article/india-imported-half-million-tonnes-palm-oil-malaysia-october


newbie2y
179 posts

Posted by newbie2y > Nov 16, 2020 10:07 PM | Report Abuse

from IOI Qr, "Crude palm oil (“CPO”) price has increased sharply, reaching a 8-year high in November this year. CPO price is expected to remain high – more than RM3,000 a ton until February 2021, due to low palm oil inventory and seasonal low crop production until early next year, although its narrowing price discount against other competing vegetable oils and the coming winter in the Northern Hemisphere will dampen its demand."


Dakewlest
1401 posts

Posted by Dakewlest > Nov 17, 2020 3:59 PM | Report Abuse

Furthermore, Maybank IB is anticipating a strong recovery in palm oil output next year.


Dakewlest
1401 posts

Posted by Dakewlest > Nov 17, 2020 4:04 PM | Report Abuse

https://www.thestar.com.my/business/business-news/2020/11/13/tight-supply-set-to-support-cpo-price?utm_source=smt&utm_medium=email&utm_campaign=BNL_November_17&utm_content=third_article+&__sta=vhg.hhksexov0sj_foj%7CTBVI&__stm_medium=email&__stm_source=smartech


Ravin Cheema
841 posts

Posted by Ravin Cheema > Nov 17, 2020 5:55 PM | Report Abuse

km loong should b having an excellent QR next month.... even fgv did well :)


chshzhd
1546 posts

Posted by chshzhd > Nov 20, 2020 11:44 PM | Report Abuse

cpo price rise rise rise .. but oil palm shares "dare not" to wake up:)
.. the volcano is going to explode :) 火山要爆发了:) gunung berapi akan meletup:)


newbie2y
179 posts

Posted by newbie2y > Nov 26, 2020 9:22 PM | Report Abuse

two bullish engulfing pattern in a mth, lets see the next 1-2days how it goes..


ensome88
12 posts

Posted by ensome88 > Nov 29, 2020 11:04 AM | Report Abuse

Kmloong next qr sure meletup, and perhaps will announce special dividend..


daretocutandchange
132 posts

Posted by daretocutandchange > Nov 29, 2020 12:09 PM | Report Abuse

km loong good management,huge cash rich company. oil mills as down stream sector,own plantation(up stream sector) areas 15826 hectares 83% are mature above 6 years old. be patient.......


ethan
39 posts

Posted by ethan > Dec 1, 2020 12:39 AM | Report Abuse

come on, please break the new high and fly high as much possible.


Kensington
108 posts

Posted by Kensington > Dec 1, 2020 11:02 AM | Report Abuse

In view of the forthcoming good results, a special dividend announcement this coming Xmas cannot be ruled out. Even the major s/holders were accumulating shares through their nominees the past couple of months.


slts
1874 posts

Posted by slts > Dec 2, 2020 5:41 AM | Report Abuse

cheapest n under value smallcap palm oil stocks


sausagex99
67 posts

Posted by sausagex99 > Dec 2, 2020 6:18 AM | Report Abuse

Guys palm oil price up does not mean good for palm stock
Proce up bit demamd down


sausagex99
67 posts

Posted by sausagex99 > Dec 2, 2020 6:18 AM | Report Abuse

But


joerakmo
603 posts

Posted by joerakmo > Dec 2, 2020 9:21 AM | Report Abuse

slts: cheapest is INNO.(EV per hectare) Div policy 80%

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