Dont worry CPO is still very good even at RM3K+ or RM4K+

Having said so, buying at current prices (after abt 30% plunge fm its peak of RM7.00+ few weeks ago) certainly stands a higher chance of winning should there is a rebound after the bombastic Q2 result in Aug then.

If that doesnt happen, then all will go to Holland together.

Dont worry, in stock mkt if u dont make money u lose money only. Not the end of the world.

The latest is CPO. Price suddenly plunged by RM2000pmt+ or 30%+ fm RM6000pmt+ two weeks ago

How to explain so? it takes 5 to 6 years for palm trees to grow n produce FFB.....

While many of u guys busy calculating yr swee swee projected Q profits EPS or PE, none of u have ever address on the sustainabilty of high ASP/ Crack Spread etc etc

I think EPS Rm1.50 or RM2.00 per share in coming Q is unlikely to bring share prices to break new high, especially after Glove Saga.

Most oredi learned the painful lesson n realised that super high ASP/Crack Spread etc are not sustainable.

So Sifu's fav pricing method of EPS (at super high profit) X 4 Q X PE 10 or 20= RM????? will not happen again here.

As long as no inventory loss like Hengyuan.

Hedging loss is normal

Time to move on ah Ah Pek

But still better than losing money here lah

I just know u missed the whole glove party only....

No chance to buy low no chance to sell high....lol

Mkt no good lah, I doubt if they will goreng now.

Prices is moving in tight range....boring also

Btw, the last post of Sifu Freetospeak was on 29 Jan 2021 when Supermx was ard Rm6.00.

Stock: [SUPERMX]: SUPERMAX CORP BHD

2021-01-29 08:26 | Report Abuse

FAST financial arab spring trend

People revolution over the financial world

There were still many sifat keeps on promoting Supermax then till few months ago

06 Aug 2020 - Market Cap: $31 billion
Freetospeak made an out of the sky prediction:
"For FY2021. My latest projection for SUPERMAX QTR 1 is about 800 m PAT to 1 billion PAT.
That is about 3.2 bill ANNUALLY (2.56x of Bloomberg consensus)
or eps of RM2.46 x pe 20 = TP50.00 (ex-bonus tp 25) or market cap of $68 billion"

FYI, Supermax made RM3.8B in 2021, RM0.6B more than Freetospeak's projection.

Just that dont why he n many others set their TP basing on 15 or 20.

I have mentioned many times that profit can not be sustained n all goreng theme cant last more than 1 year

Posted by cbmytrading > 1 day ago | Report Abuse

@ricky yeo,unfortunately,supermax and others glove company harta,tg,kossan...all glove counters are the same sad story...you should believe no extreme will hold long...when time change,so do social conditions and the way of doing things also will be different...no point to show what ppl had written in pass two years.

I just know Ricky Yeo missed the whole glove party in 2020 n is now very happy to come out to talk cock

Those who got fm IPO (especially the 100M shares thru MITI) mostly sold happily for more than 100%+ gain last few days.

They could be waiting to buy back lower.

I think not much of tickets in the mkt (Boss holds ard 70%) while some funds n investors booked their position hoping to see UWC/Greatec 2.0, where returns were more than 10 times even after the recent plunge.

Let's C. Hope my retirement life later can have better meals than chicken rice

Current mkt is kind of fast moving, pump n dump within 2 to 3 months time (Plantation n Refinery), those overstayed will see their hefty paper profit turns into hefty paper loss

CPO price plunged ard RM2000pmt in 2 weeks time...even it takes 5 to 6 years to plant the trees n c the fruits

Seems hot money r behind all the sharp increases in the earlier crazy commodity parties

C money take money first....later chicken bones also dont have

Very weak rebound...only 10%+ fm the bottom....

Posted by Want2MakeMoney > 10 hours ago | Report Abuse

Chart never lies, this old man always lied

I like this....Chart Never Lies, Oldman always lies

Still the same rules

When Koon asks u to buy u sell

When Koon asks u to sell u buy

Stands a much higher winning chance if u do so...lol

C can becomw UWC/ Greatec 2.0 or not....it so my retirement life will depend on it

Prices dipped 40%+ in few weeks time....i doubt if u can get lower price in Aug then for Q result play

Anyway, lets c how much will be the rebound this round....30% i will also very happy

Why RM7+ hiong hiong buy

Why RM4+ dare not buy?

Still believe the same higu crack spread bombastic coming Q profit right?

Up 48.39%... casino game

My C25 finally green green

Fm the peak of 7.70 to the lowest of 4.27 ytd, it was a plunge of RM3.43 or 40%+..

Lets c how's the rebound like.....as long as can make me chicken rice money i will be happy

So now, waiting for RM6+ bullish signal then only buy in ah???

By then u lose till kuku also shrank

N wait until 200sma broken only asked to cut loss....

Its very much riskier to follow Sifu's TP, once he bought enough n started to promote he will forget all the TA readings....101% optimism with skyhigh TPs only...

It seems rr88 is more reliable than calculation n projected profits...for short term price movement lah

Made RM800m fm Bursa? Got so much or not?

If so why lose less than RM100m in Jaks hv to sell lands to raise money leh?

So noble of Old Con, after dropping 40%+ fm the peak of 7.70+ now only coming out to advise to cut loss...

Mayb he scare HY will be the next Xinquan??

Refused to cut loss??

I remember somebody refused to cut his Xinquan till the shares dropped fm RM1.50+ to few cents b4 being delisted.

That fellow even bought millions of Xinquan on the last day b4 it was delisted saying he can wait to see the cash of RM1.00+ per share in their bank ac...

If he couldnt see then his grandchild can see one day in the future

So r u buying or selling now? Lol

Unless u think u can sell at 4.70 n then buy back at 4.40...

Can make 0.30

If 200sma 4.40+ is deemed as strong support to OTB, selling at 4.60/4.70 now seems funny loh

I will only happy if i can make money later only...

Bought lower than Probability n go Holland together cant make me happy loh

Seriously its too late to cut loss at rm4+ now lah

Oredi drops ard 40% fm 7.70 then only cut loss???

Hope dont hv to cut loss below RM5 n then chase at RM6+ later

This is the dumbest rule...

U can only talk good abt stocks n give sky high TPs plucking figures fm yr own imagination???

If i didnt talk bad (its really bad) on BSL few months ago when Sifu gave a buy call with TP 1.50 all will die very hard if they r holding till now...

Of course Sifu still make RM200k+ fm BSL dont ask me how so....lol

Wtf is this rule 2??

Never talk bad (even it is bad???) On any stock????

Uncle Ah Soh Ah Pek Sifu Ah Kau Ali all cut loss oredi ah??

200sma 4.40+.....

The best way to keep yr money is under yr pillow....if keep inside banks could be more dangerous than investing in stocks....it may just disappear like that

Mkt like shit apa lan also drops lah

Chinaman seems very mean.....as compare to Petronm...

At 4.80+ now i think more than 90% of the investors here r suffering paper loss , even Probability....though he started to buy below RM5 but very high chance he bought more n more up averaging after working out his calculation/ profit projections last few weeks

Seems 200sma 4.40+ will be tested soon