Posted by kelvin61 > Dec 10, 2020 7:48 AM | Report Abuse

Most traders have neglected the super bull run on CPO prices that will bring windfall profits to the Plantation companies. There are still many selling for a song, cheers.


CORRECT!!

FCPO CLOSED AT ABOVE RM3600 MEANS MORE THAN 100% PROFIT FOR ALL PALM OIL COMPANIES

FEB 2021 FANTASTIC RESULTS FOR ALL PALM OIL STOCKS WILL REGISTER HUGE PROFITS

WHY?

ANSWER:

OCTOBER, NOVEMBER & UNTIL DEC 10TH NOW CPO HAS FCPO HAS BEEN HOLDING FIRMLY ABOVE RM3400 TO RM3600

Let's calculate the Feb 2021 figure

October 30 days

November 30 days

December 31 days

Total days of last quarter for 2020 is 91 days

Today is 10th day of Dec

So 2 months & 10 days = 70 days

70/91 = 76.9% of the Feb 2021 results will reflect These Very High Profit months

Even if production of FFB decrease by 10% to 15% the Huge Increase in CPO prices over ride all to Excel

Conclusion:

PALM OIL NOW IN BULL RUN TREND

YES!!

FROM OCTOBER TILL NOW DEC 2020

CPO PRICES HAVE MOVED UP AND DOWN AND UP AND DOWN BUT THE TREND IS UP & UP

LIKE INCOMING WAVES

3 WAVES IN

2 WAVES OUT

3 WAVES IN AGAIN

2 WAVES OUT

THEN 3 WAVES IN AGAIN & EVENTUALLY HIGH TIDE!!

SO IS CPO

IT GOES UP AND DOWN BUT EVENTUALLY IS UPTRENDING ALL THE WAY FRO

RM2000 TO RM2400

FROM2400 TO RM2700

NOW TURNED SUPERSONIC

UP FROM RM2700 TO RM3600!!!

HUHUHU!!!

LIKE DRIVING UP TO GENTING HIGHLANDS

IT IS NOT ALL THE WAY UP

SOME SECTION THE ROAD WINDS DOWN

BUT EVENTUALLY IT REACHES MIDWAY AT AWANA RESORT

THEN VERY STEEP CLIMB ALL THE WAY UP TO THE TOP

YES!! FOR PALM OIL

SEE ALL AT THE TOP

WE ARE NOW NEAR HALFWAY MARK

LONG WAY MORE UP TO GO

HOLD TIGHT TIGHT & ENJOY THE RIDE UP!!

BEST REGARDS

Calvin Tan Research

Singapore

Disclaimer

All information provided here should be treated for informational purposes only. It is solely reflecting author's personal views and the author should not be held liable for any actions taken in reliance on information contained herein