Created by Tan KW | Jan 30, 2024
Created by Tan KW | Dec 15, 2023
Excellent thoughts from Howard Marks
in euphoria people say to good to be true
and in over overpowering skepticism people also say to bad to be true
To say that palm oil bull run is dead is just being in over skepticism which also not
true at all
in this light we see people reacted to palm oil bull on the upside and then reacted to this palm oil brief correction on current weakness
We must have a balanced view by looking all around us
is cooking oil prices going up?
if yes then palm oil co that produce cooking oil should benefit
and look at petrol prices
are they going up?
if so then palm oil demand as a biodisel should be good
Behind every stock is a co selling real goods or providing real services to mankind
So if cooking oil does not collapse neither will the share price of palm oil co that produce it
2022-06-25 17:50
Palm oil will rebound from oversold as Cpo prices have stopped falling lower and rebounding due to sunflower oil export from Ukraine drying up and from high Brent oil in USA diverting soyoil to biofuel refinery
Plus last 4 years no more extra palm oil planted due to moratorium in Malaysia and Indonesia banning of forest to new palm oil estates
but from year 2018 till now last 4 years world population has increased by another 320 millions (80 Million more people per year due to 1% population growth of 8 billion people on earth)
Demand will exceed supply and price must rise
2022-06-25 18:14
another reason is this
glove is manmade and China could create billions and trillions of gloves at will
China built 1000 bed hospital in 10 days but for palm oil China cannot
Palm oil is by nature
And palm oil needs 5 long years from planting to see 1st drop of cooking oil
As such the bull run for palm oil is still ongoing and the correction is deemed to be only temporary
That is the reason both Tsh, Taann, Sop bosses are buying their palm oil co shares
Even Epf is now selling gloves and buying palm oil shares
2022-06-25 18:20
PureBULL ...
Howard Marks, a yahudi is a great talent in high fin.
a grad from the v top school of the US = sure become see.pay orang.kaya.
he was top at Wharton, oso dtrum's school n did his MBA in U of Chicago, in quants = this MBA grad earn the highest salary upon graduation with high signing bonus, every yr of all MBA.
warren B said, the 1st memo he will read 1st is from Howard Marks.
if u r young, go n hunt for his knowhow.
2022-06-24 17:23