THE INVESTMENT APPROACH OF CALVIN TAN
LOOKS LIKE PALM OIL GOING INTO A POWERFUL UPTREND AGAIN, Calvin Tan
calvintaneng
Publish date: Mon, 03 Jul 2023, 08:41 PM
calvintaneng
0 1,799
Hi Guys,
I have An Investment Approach I which I would like to all.
I have An Investment Approach I which I would like to all.
Dear friends of i3 forum
Suddenly FCPO has powered up near Rm4000 a ton again!
See
CRUDE PALM OIL FUTURES
3985 MYRD
+196 +5.17%
just rm15 short of Rm4000
because soyoil up due to less planting in USA
Why less planting?
Answer is Drought in USA Soybean heartland
See
Now we do not rejoice at the suffering of others. Since this is an investment forum we view this objectively
As USA soybean is impacted by drought Soybean oil has surged to US 66 sen a lb
In year 2020 when we started to invest in Palm oil Soyoil was only US 26 sen a lb
So Soyoil is up by 153%
And at that time Cpo was only Rm2500
So by right Cpo should be above Rm5,000 by now
As such Cpo is only playing catch up
LET's SEE IF FCPO CAN CROSS RM4,000 CONVINCINGLY IN COMING DAYS AND REMAIN ABOVE RM4,000
THEN WE SHOULD SEE A SOLID REVIVAL OF ALL PALM OIL SHARES AS A CLASS
Kind Regards
Calvin Tan
Please buy/sell after doing your own due diligence or consult your Remisier/Fund Manager
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Discussions
2 people like this. Showing 23 of 23 comments
Yesterday in USA July 2023 soyoil future ended up at Us67 a lb. This will give support for palm oil again today
Looks like many soybean growing states in the US have been cutting back planting
That means that year end harvest will be less and thus prices expected to be firm for soyoil and by proxy palm oil prices will sustain
2023-07-04 08:08
When it comes to Palm Oil counters, one must have patience and adequate liquidity. Because it often means waiting, and likely also having to see our counter going down first. Occasionally we might get lucky - these counters suddenly going up soon after we bought. But generally it comes with the "wait" characteristic.
Price-wise these counters have gone down over the past couple of years. I've been adding though, including TSH. These counters tend to give fairly regular dividends and that's a consolation while we wait for the next bull run in palm oil counters. If you have been in the stock market long enough, you will know it's just a matter of time. Which is why I'm not bothered at all by detractors and cynics. Buy, Add when prices come down, and then just wait.
2023-07-04 10:37
BursaVulture
Which are your top 3 counters? Thanks
2 hours ago
These are the ones: Tsh, Bplant, Jtiasa, Thplant, Fgv, Taann, Sop, Hs Plant.....
2023-07-04 20:19
hahaha
Tsh first buy call was Rm1.09
At already received More than 13.5 sen dividend plus another 2.5 sen dividend coming this month makes it 16 sen
so Rm1.09 less 16 sen means cost pared down to 93 sen
However, Calvin also tells all to buy Bplant, Jtiasa, Thplant, Hs Plant, Taann and Sop and Fgv which also give excellent dividends as well
2023-07-05 01:28
and now Cpo has gone up near Rm4000 while fertilizer cost has come down
that means cost of cpo production has dropped below Rm2000
and that means Palm oil co gross profit is 100%
which industry can give such high ROE? or ROIC?
2023-07-05 01:30
Don't lie!
All your buy calls are in the comment history unless you deleted.
As soon as it started to drop from RM 1.80s or or somewhere there you have stated buy calls.
Subsequent calls were made as it was falling.
I thought you were a devout Christian who would not lie.
How come your ego is larger than that?
2023-07-05 11:09
Lie what?
This fella keep shouting nonsense prices as well
Yes
Buy call for Tsh was Rm1.09
Buy call for Bplant was 57 sen
Bplant also crossed Rm1.10 and dropped back to 60 sen low.
Now bplant again surged back up to 99 sen. Go see true or not?
As for Tsh its day will come too
2023-07-05 12:55
Calls on Tsh?
Sure!
Tsh has 94700 acres of prime lands in Nusantara the new capital of Indonesia
book value as low as Rm5,000 per acre bought in year 2008
There will be long term upside just like Pengerang
so invest longer term best
2023-07-05 13:35
July 2023 soyoil future now crossed Us 68 sen a lb from year 2020 when it was only Us 26 sen a lb
Already up by 161%
How people can afford such high priced soyoil and neglect the bargain level palm oil?
Suppose if everyone drives Merc Benz, Bmw or Volvo and neglect Proton and Perodua?
Or people go eat shark fin, abalone and caviar ? And avoid normal cheaper fare?
So in a recessionary world it is a matter of time before more people switch from the highly overpriced soyoil to the more economical palm oil
2023-07-06 16:31
Hahaha Ah Bah has returned
Signs of early 2022 palm oil revival time?
So gooood!!!
2023-07-06 21:05
Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$â¬Â£Â¥
Just incredible. Trying to predict the unpredictable.
Learn from Netx. Focus on risk, the upside then takes care of itself.
2023-07-06 21:15
We are happily seeing palm oil rebounding upward here
this fella should go back to his dead dumb dlady with so little earning and very high payables
2023-07-06 22:37
Experts say el Nino is even more violent end of this year. Most agricultural crops will suffer.
2023-07-06 22:38
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2023-07-03 20:43