Highlights
KLSE: KMLOONG (5027)       KIM LOONG RESOURCES BHD MAIN : Plantations
Last Price Today's Change   Day's Range   Trading Volume
1.58   +0.03 (1.94%)  1.55 - 1.58  1,065,700
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Ann. Date Date Old New View
29-Dec-2001 01-Jan-2002 TACS CORPORATION SDN. BHD. TACS CORPORATE SERVICES SDN. BHD. View Detail
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  banana86 likes this.
 
targetinvest Key take away point for plantation sector

WHAT ARE THE REASON FOR PALM OIL PLANTATION TO CONTINUE SEEING A BULLISH PRICE THROUGHOUT END OF 2020 UNTIL START OF 1H OF 2021.

1. CHANGES OF WEATHER AFFECT SOY BEAN HARVEST
THE GLOBAL WARMING EFFECT HAD BROUGHT HEAVIER RAINFALL DURING MONSOON SEASON. THE WETTER THAN USUAL RAIN AND STRONGER THAN USUAL WINDS WILL DESTROY CROPS, HENCE DECREASING THE HARVEST OF GOODS.

2. LOCUST SWARMS ATTACK ON INDIA DEVASTATED AGRICULTURE PRODUCTS, INCLUDING SOYBEAN PLANTATION.

3. GROWING DEMAND FROM ORGANIC BROILERS (CHICKEN FARM) PUSH UP NON-GMO SOYBEAN CONSUMPTION

4. INDIA REPORTED A 30% DROP ON GMO SOYBEAN HARVEST

5. CULTURAL FESTIVAL WHICH ARE LINED UP (CHINESE - MOONCAKE FESTIVAL, INDIA - DEEPAVALI, DECEMBER CHRISTMAS) WILL PUSH UP EDIBLE OIL CONSUMPTION FOR 2H 2020.
18/09/2020 9:32 AM
targetinvest Good momentum now
18/09/2020 11:24 AM
Booyeah googooggo kmloong
https://jawplace.com/industry-overview-plantation-the-next-trend/
18/09/2020 11:56 AM
ethan Gogogogo, go momentum, and shall break the first barrier by monday .!!
18/09/2020 5:17 PM
Gtrade Harga CPO lambung lagi
Makan roti tak perlu lagi
Pekebu sawit senyum di hati
Buang kancil XT70 dah mari
22/09/2020 10:24 AM
healtachi qr result tmr out right? can enter?
24/09/2020 3:58 PM
lching buy for the good result.
25/09/2020 11:59 AM
newbie2y Gd qr! wow Iching, how did u know good result before hand?
28/09/2020 5:53 PM
ongkkh newbie2y, lching is stock god and hiding in Omaha Malaysia
28/09/2020 7:45 PM
Booyeah https://jawplace.com/industry-overview-plantation-the-next-trend/
29/09/2020 2:09 AM
lching pity that share price not performing. hold for another Q. As FCPO maintain above 2800, good result can be repeated.
29/09/2020 10:56 AM
enigmatic [control your emotions, discipline your mind] Mac 2020, MalaccaSecurities rated SELL, tp RM0.86,
Sep 2020, MalaccaSecurities rated BUY, tp RM1.76.

What has drastically changed in a short period of 6 months? So much change that that requires a 100% increase?
29/09/2020 3:22 PM
johotin88 New trading tips in klci :sell once the good quarter results are released.
29/09/2020 7:16 PM
newbie2y @lching, roger. Happy mid-autumn festival guys!
01/10/2020 12:59 PM
newbie2y La Nina is staying, supporting the cpo prices in a way as production reduces..
https://www.bloomberg.com/news/articles/2020-10-03/indonesia-expected-to-see-la-nina-rains-intensify-until-november?srnd=premium-asia
03/10/2020 10:42 PM
newbie2y demands continued to be strong..
https://www.klsescreener.com/v2/news/view/742455/malaysia-s-oct-1-20-palm-oil-exports-rise-4-3-m-o-m-amspec-agri
20/10/2020 9:26 PM
newbie2y more palm oil estates in Sabah now allowed to operate...
https://www.klsescreener.com/v2/news/view/746491/cmco-sabah-allows-more-plantations-to-operate-minister
29/10/2020 9:54 PM
Dakewlest Should buy now?
09/11/2020 8:45 PM
ethan engine started and FCPO keep recording new high.
11/11/2020 12:25 PM
Dakewlest Just bought today. Buy now before it is too late.
11/11/2020 5:13 PM
ethan Accidentally deleted previous post

For windfall to charge, CPO price > RM2500 for west Malaysia , and > RM3000 for East Malaysia

FFB / MT as per 6 Nov = RM727
CPO / MT as per 6 Nov = RM3424

source: https://www.enanyang.my/node/365388
11/11/2020 6:09 PM
Dakewlest Ethan, other than this stock, what else plantation stock that u have?
11/11/2020 6:22 PM
ethan Nope. Only Kimloong so far the best, for other like United plantation and Jtiasa , still trying to understand the stock pattern..

Heavy bet into Kimloong upcoming result and solid financial stand.
11/11/2020 6:31 PM
ethan Based on Kimloong Weekly chart, RSI in the comfortable area of 50+, and Stochastic %k blue crossing up, with expected highest weekly volume this week, predicted it will go north and break the new high of RM1.62 by or before the next quarter report announcement. Beside that , fundamental wise, it is believe that management will improve on dividend payout and the announce the completion of the land acquisition. Let's ride on the strong trend.

I am only holding Kimloong at the moment and i believe it is my best bet.

Hopely wont offence others will those wording like believe, expected, predicted.. haha
11/11/2020 10:48 PM
ethan fasten the seatbelt and enjoy the Kimloong ride. Hope to see it break new record high soon.
12/11/2020 11:08 AM
ethan yes , the timing is just nice , RM1.52 now.. Gogogog
12/11/2020 3:26 PM
ethan 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
12/11/2020 6:22 PM
101st_airborne ethan, do you think it will pass 1.6?
13/11/2020 10:33 AM
Minagrace Good job, first plantation stock to break September high.
13/11/2020 10:45 AM
ethan @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.
13/11/2020 11:02 AM
101st_airborne 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.
13/11/2020 3:01 PM
ethan @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.
13/11/2020 4:57 PM
Ravin Cheema https://www.theedgemarkets.com/article/india-imported-half-million-tonnes-palm-oil-malaysia-october
13/11/2020 8:57 PM
newbie2y 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."
16/11/2020 10:07 PM
Dakewlest Furthermore, Maybank IB is anticipating a strong recovery in palm oil output next year.
17/11/2020 3:59 PM
Dakewlest 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
17/11/2020 4:04 PM
Ravin Cheema km loong should b having an excellent QR next month.... even fgv did well :)
17/11/2020 5:55 PM
chshzhd 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:)
20/11/2020 11:44 PM
newbie2y two bullish engulfing pattern in a mth, lets see the next 1-2days how it goes..
26/11/2020 9:22 PM
ensome88 Kmloong next qr sure meletup, and perhaps will announce special dividend..
29/11/2020 11:04 AM
daretocutandchange 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.......
29/11/2020 12:09 PM
ethan come on, please break the new high and fly high as much possible.
01/12/2020 12:39 AM
Kensington 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.
01/12/2020 11:02 AM
slts cheapest n under value smallcap palm oil stocks
02/12/2020 5:41 AM
sausagex99 Guys palm oil price up does not mean good for palm stock
Proce up bit demamd down
02/12/2020 6:18 AM
02/12/2020 6:18 AM
joerakmo slts: cheapest is INNO.(EV per hectare) Div policy 80%
02/12/2020 9:21 AM
slts buy 3QR pat> 50m
03/12/2020 10:19 AM
slts cpo price another rm10 hit 3400
buy now don wait
04/12/2020 4:18 PM
newbie2y closed above MA10 line, looking forward to next week :)
04/12/2020 9:56 PM


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