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.
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.
Created by Effulgence | Jul 02, 2022
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