we can anticipate this company to make decent profit in its upcoming Q4. Brace for the imminent breakout

wuhuu. Great upward movement for KLK today

Pick some when it's low-priced currently and before the price moving up

Company is proposing shares buy back. New projects related to IOT will be obtained? Hehe

Keep monitoring the price movement. It will breakout in due course

@supersinginvestor
CPO price is RM4,698.00. Still haven't drop to below RM4,500. However, KLK de share price dropped until cry no tears. Haha

No worries, our minister, Zuraida said she won't let CPO price to drop below RM4,500 per ton. Hence, it won't crash for the moment.

Source: https://www.freemalaysiatoday.com/category/nation/2022/07/03/palm-oil-wont-go-below-rm4500-a-tonne-says-minister/

Collect some first and then see the price movement after it consolidated

Yup. Good strategy. Wait for the price activities after it consolidated then collect a bit

Lol. If go down to RM18, it's a good price to collect

Good closing price at the end of 1H22

Collect some if got free cash flow

Yup. New low it has become.... Average again if it reaches below RM6...

Hardly become Glove 2.0 (oversupply phenomenon) because the production of CPO is quite dependent on weather. If El Nino or La Nina happened, the production will be reduced sharply...

They do consolidation to reduce the number of shares outstanding then execute PP to increase the company's liquidity. Continue monitoring the price activities after PP is approved ba

Collect a bit at this discounted price

Yes. 20 cents dividend. May be used that to reinvest this company if drop to certain price...

The proposed renewal of Shares Buy-Back Authority for the Purchase of its Own Ordinary Share has been approved. It will fly high just a matter of time

Yup. That's art of war in the field of trading.

Rest assured. Just keep monitoring and market now it's undergoing technical rebound

Luckily today got EPF support or else it will drop further...

(Fingers crossed) Good news coming soon. Hold tight and wait for the significant rebound

CPO price dropped again. Is it because Indonesia reopened exports of CPO and the supply of CPO is more than demand currently...?

CPO price dropped again. Is it because Indonesia reopened exports of CPO and actually the supply of CPO is more than demand currently...?

EPF disposed whereas KWAP kutip. Nice~

Seems like it got local institution's support despite CPO price dropping

I think so. It will show strong rebound after the AGM...

Steady. Keep monitoring the movement~

Hm...EPF switched buying another plantation counter, KLK

don't mind the small drop...Just see how the CPO price is gonna move this week

Never mind the minor drop. Just monitor how CPO price will move this week

Still staying strong at RM0.04 in spite of KLSE dropped today. Nice~

CPO price drop does affect a bit on GenP huh...

Aiyo, this counter still showed strong support at RM0.035 after FED rate hike. Don't worry about. It will shine when the time comes

Nice. Production of fresh fruit, crude palm oil, palm kernel and rubber have been increased month over month. It will help the company generate more revenue.

Seems like strong support at RM0.035. Wait for this week's FOMC meeting ba

Steadily up. Nice

Yes la. Up steadily

CPO price won't drop below Rm6k yet seeing that the demand is high and the fertilizer price is maintaining high as well~

CPO price won't drop below Rm6k yet seeing that the demand is high and the fertilizer price is maintaining stably high too

This company got USD 1.4 million in bank balance to hedge against the current weak economic situation. Nice