Investor on the Street

Palm Oil stocks cannot go up further. Correction will come sooner?

Effulgence
Publish date: Sun, 22 May 2022, 12:31 AM

I read Public Invest Research team's report with great interest. https://klse.i3investor.com/web/blog/detail/PublicInvest/2022-05-19-story-h1623303671-Plantations_CPO_Price_May_Have_Peaked

Public Invest expects CPO price to be RM5000/mt in 2022, RM3800/mt in 2023.

 

Then I read HL Invest's report. https://klse.i3investor.com/web/blog/detail/hleresearch/2022-05-20-story-h1623330641-Plantation_Indonesia_to_Lift_Palm_Oil_Export_Ban

HL Invest expects CPO price to be RM5500/mt in 2022, RM4500/mt in 2023.

 

I like Public Invest's conservative report more than HL Invest, with due respect to HL Invest.

 

 

A thought came to my mind.

 

Glove stocks peaked in 2020. 

Tech stocks peaked in 2021.

Plantation stocks to peak in 2022?

 

Warren Buffett once said "Forecasts may tell you a great deal about the forecaster; they tell you nothing about the future."

But, a volatile future for stocks is not something I am comfortable with. 

Buyers beware. 

 

 

 

 

 

 

 

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Discussions
Be the first to like this. Showing 3 of 3 comments

calvintaneng

They say, "Understanding the problem dissolves the problem"

Glove bull stopped by China glove fierce competition (China cannot compete in palm oil as it takes 3 months to start glove factory but it will take 5 years to plant and produce first drop of palm oil

Tech bubble bursted
See Calvin's chun chun warning
https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/...

For Palm oil see how War, Drought & Biodisel mandate will boost its Bullrun for Several Years More

https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/...


THAT IS WHY PALM OIL STOCKS WILL FOLLOW CPO UP AND UP!!

1 month ago

gladiator

Glove stocks peaked in 2020 due to over supply, Tech stocks peaked in 2021 due to high PE over value flat profit. Plantation already peaked but good profit support current valuation. Not one IB correctly predict 2022 CPO price back in 2021.

1 month ago

s3phiroth

Well, these monkey analysts were bearish on cpo since 2020.

1 month ago

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