Selamat Hari Raya to you also, Mabel. Have a good break from work.

Price breaking RM2,363 soon. Next target after that RM2,676.

CPO going to break RM2,106 soon. Then next target around the RM2,363 level.

No ifs. No buts. No doubts.

And it did not even reverse afterward.

That day also some analyst predicted a so called 'temporary peak' after which it would reverse.

But as it actually turned out, he was wrong. Price actually climbed higher than his predicted so called 'peak'.

Somehow I have a hunch that 25 is coming. Soon. Fairly soon.

Uptrend still sustaining

Malaysian palm oil hits near 2-month peak on US soyoil strength

https://www.thestar.com.my/business/business-news/2019/07/26/palm-hits-near-2-month-top-on-tracking-us-soyoil-strength/

Why palm biodiesel is more important than you thought

https://m.malaysiakini.com/knowmypalmoil/485070

Alamak, jiwang gila ...

Volume building up

Short term traders should not be playing this stock. It is not suitable for them. They're only wasting their time playing TDM. Better just leave it to us long holding types.

Govt pushing for 100% sustainably produced palmoil by 2020

https://www.freemalaysiatoday.com/category/nation/2019/07/09/govt-pushing-for-100-sustainably-produced-palm-oil-by-2020-says-minister/

Ya all will be lucky if ya still can get 19 tomorrow

TDM clinches 43-month CPO supply deal with RM189 mil upfront payment

https://www.theedgemarkets.com/article/tdm-clinches-43month-contract-supply-crude-palm-oil

Govt to draw up strategies to combat anti-palmoil campaign

https://www.thestar.com.my/business/business-news/2019/07/08/govt-to-draw-up-strategies-to-combat-anti-palm-oil-campaign/

Italy envoy lauds Malaysia's efforts toward sustainable palm oil

https://www.themalaysianinsight.com/s/165824

Crossing the line in palm oil war

https://www.freemalaysiatoday.com/category/opinion/2019/07/05/crossing-the-line-in-palm-oil-war/

Volume sutah turun skt

Just need to be strong hearted & a bit patient, folks. Becos CPO price might be coming under some pressure in third & fourth quarters. It's a seasonal thing. Well, that's the news coming out recently. But it should be absorbable. Just like TDM has already proven this last one week or so.

That's right

CPO rebounds on news of China buying soyoil

https://www.thestar.com.my/business/business-news/2019/07/02/cpo-prices-rebound-on-news-of-china-buying-soyoil/

Just heard rumour, that govt is implementing mandatory use of B7 biodiesel (7% CPO + 93% normal diesel) for industrial sector & B10 biodiesel (10% CPO + 90% normal diesel) for transportation sector. Maybe beginning July 2019.

Then progressing in 2020 (next year) to B10 for industrial sector & B20 for transportation sector.

Post removed.Why?

Post removed.Why?

yah gah

Expect more government measures to support price of palm oil. For example, encouraging TNB & IPPs to use more CPO-added biodiesel for fuel.

Teresa Kok wants hoteliers to help promote palm oil as well

https://www.thestar.com.my/news/nation/2019/06/13/hoteliers-should-help-promote-palm-oil-as-well-says-teresa-kok/

Cannot simply disclose la. What la, you. That kind of stuff is highly confidential info.

Kalau kita ni niaga kat kampong, misalnya niaga pakaian, katakan. Kita gi KL cari pakaian berkualiti tapi harga murah, contohnya waktu special offer kan.

Pas tu, kita balik kampung, musim raya misalnya kita dapat jual harga tinggi, kan. Baru la dapat untung maksimum, kan. Kan? Kan? Kan?

Tapi, pemain saham ni, sesetengahnya memang menakjubkan, cara mereka berfikir. Waktu pakaian harga murah, mereka x minat nak membeli. Bila harga tinggi, baru la mereka datang minat.

Habis cam na mereka nak berjaya sebagai usahawan.

Some people are just going to keep on investing on inverse logic. They will keep fearing to buy at low, but they will keep on being happy to chase at high.

That is just in their inherent nature. Just let them remain the way they are. Who are we to tell them any different.

If they can forget that EU deforestation bullshhit talk for a while, and focus more on facts regarding palm oil, and buy more palm oil from us, then Malaysia could consider sourcing our next generation fighter jets from them. Raphael is not a bad aircraft, BTW.

One advantage we have with France is our thus far cordial political & business relationship with them. I believe this has a more than fair chance of sustaining, even if the latest EU position on palm oil is kind of a bit awkward for our side.

While our Petronas as I understand it has a few ongoing JV O&G projects with Total SA abroad.

So, what our palm oil authorities should be doing is, in my view, to follow up on opportunities like this fast. Like making serious efforts to persuade a potential large customer like Total SA to give serious consideration to Malaysia as a potential supplier for their CPO needs.

Well, let's not waste our time discussing the boullsshhit anti-palm oil politics of the EU.

The salient point is that, Total SA, a France-based top 5 global O&G supermajor has actually spent €200 mil adapting a former loss making crude oil refinery into new use as a biodiesel plant, with plans to use 300,000 tonnes of CPO per year out of 630,000 tonnes per year total feedstock. It is also stark evidence that not every individual or party in EU is happy with the EU-wide decision to phase out palm oil.

Now, 300,000 tonnes per year is more than 1% of Malaysia's combined total CPO production (about 26 mil tonnes per year). No chicken feed indeed.

RM2,750 palm oil now emerging in the not too distant horizon

Government still positive on palm oil certification target

https://www.malaymail.com/news/malaysia/2019/05/24/government-still-positive-on-palm-oil-certification-target-says-minister/1756091

Good info also, Mr. Bulldog. That collaboration with Tsinghua Uni could indeed possibly lead to many positive unexpected surprises with regard to palm oil.

typo:

'Mr. Sirei Amirov' = Dr. Serik Amirov

Good info, PrinceOfIpoh.

Yes, Central Asia is definitely one region where Malaysia should be focusing attention a potentiallly rapidly growing new market for palm oil.

I shall be calling TDM Corp Comm again soon, to highlight this matter with them. I'm sure they won't mind. Maybe encourage them to do something it, like at least getting in touch with Mr. Sirei Amirov. If that leads to something substantial happening between TDM & Kazakhstan, would be even better.

That baja tandan would be great for organic farming. Should be made large scale commercial fast.

What is your TP, guys.

ECRL is never going to be over. It is going to be a security & defensive factor for many ECRL related stocks, for a good many years to come.

Volume still weak, though.

Share with us your TP, man.

Not dropped so much la

Holding well

yah gah

Hard core O&G fans should have been hedging their O&G bets with some medium to long term investments in TDM from many weeks ago. Just like some among us TDM believers have been continuing to espouse.

Good recovery