Sales increase for these
SALE OF AGRICULTURAL GOODS INCLUDE PALM OIL & PALM OIL BY PRODUCTS INCREASED BY 38.7%
THIS IS MORE THAN TWICE THE INCREASE OF MANUFACTURED PRODUCTS AT 14.2%
FEBRUARY 2022 RESULTS WILL BE REPORTED BY MAY 2022
CAN EXPECT ALL PALM OIL COMPANIES TO REPORT THE BEST OVERALL RESULTS AMONG ALL OTHER INDUSTRIES IN MALAYSIA KLSE
Created by calvintaneng | Apr 06, 2024
Calvin, 38.7% is based on RM? It’s misleading as it doesn’t adjust for CPO price increase. I think the export volume decrease in line with drop in production, which is the main driver of CPO price increase in the first place.
2022-03-19 10:58
brianklc
I just reposted the figures from source: Department of statistics, Malaysia
This figure of 38.7% shows an increase and not decrease.
And in comparison to manufactured products which clearly mean that Nature overtakes man's effort
Agriculture is dependent on God's natural provision of sunshine and rain
Manufactured goods depend on human effort
So Agriculture is doing twice better than manufacturing
As such we move to palm oil investing and ride the upward trend
And we are in ONCE A CENTURY PALM OIL SUPERBULL RUN NOW
2022-03-19 11:24
Calvin, pls check if the 38.7% increase based on value or volume? If value, assuming all agriculture are CPO, then export volume had actually drop coz the increase of unit price per MT increased more than 38% year on year.
2022-03-19 16:02
yes, to get the exact figures must call up Department of statistics on Monday
the macro picture tells us at least Palm oil selling has more than doubled manufactured goods
2022-03-19 20:15
With Cpo well entrenched above Rm6500 the profit now is a whopping 300%
No other business can come close
Few businesses can generate even 30% profit and how to compare with palm oil in this ONCE A CENTURY SUPER OUTSIZED EARNING TIME
2022-03-28 07:32
Investformilkmoney
Great, next quarter gonna have another bull.
2022-03-18 14:13