Sunnyspon wants 1.25 now ichi hand bought at 1.44. What a joke. Anyway, wish him good luck.

Oversold soon.

@shortinvestor77
Semua jangkaan salah sejak tahun lepas. Mana boleh dipercayai.

SOP has rebound.

Crashed.

Crashed.

He came to buy cooking oil at 1.25 after cooking oil out of stock at AEON only to have found out that the price is now already 1.46. Maybe still dumb dumb waiting.

Simple mah, CPO price is expected to stay high beyond 2022 or 2023, how can plantations bull run be over so early.

Weak holders flushed out already.
Mission done.

Naysayers very happy now. Later rebound all disappears; funnier than the market.

It is far below PE6 now.

As for me, no worries.

Flushing out all weak holders too.
CPO price remains high, company prospect is still very good.

@gemfinder
Don't spam too much.

If you move the screen up you can see most of the old names have gone which means very likely they have sold it earlier and left.

@HuatHuat188
These days Bursa has a lot of contra players. You see today gloves counters rally you will know what I meant.
For the price of 101c you get 7.3c returns (dividend) in less than a month this is definitely a steal.

With productions increase, next QR should be even better than first QR.

Post removed.Why?

Post removed.Why?

Congrats.

You are here means the game is still on.
Shortists cleared all the shares also means no more shares to short mah. Why you don't know?

Liars never feel ashamed.

Plantation star of the day. Yeah!

Never mind, they can buy our coconut oil but it will be more expensive than palm oil.

Chinese saying: 蘇州過後無艇搭.

Mr Biden is busy with the Ukraine-Russia war thus care less about climate change now?
North America is facing high temperature and severe draught now.

@Sunnyspoon
Today AEON cooking oil out of stock so you come here to buy some is it?

Food crisis is worsening due to Ukraine war. Read:
https://www.theguardian.com/world/live/2022/may/22/russia-ukraine-war-zelenskiy-says-only-diplomacy-can-end-war-polish-president-to-address-ukraine-parliament-in-kyiv-live?filterKeyEvents=false&page=with:block-628a00738f08a8124b150dcf#block-628a00738f08a8124b150dcf

Food crisis is worsening.

Recession coming.

Dua tahun TG harga terbang ke langit. Tahun ini terjun tak henti. Apa macam sekarang? Tunggu Tan Sri tiap tiap hari beli saja ke?

Upon export tax cut announced the price would be landing on the moon already.

This stock basically move up or down depends on the trading transactions amount and volume. With the recent and future interest hike it doesn't seem attractive at this price for the time being. I may be wrong.

It is more ridiculous when we have fresh graduates from those "cap barang" business overseas universities assigned by investment banks to operate its share trading accounts.

Post removed.Why?

Always slow in action. What about the labour shortage now?
https://www.freemalaysiatoday.com/category/highlight/2022/05/22/little-impact-from-indonesia-lifting-palm-oil-export-ban-says-minister/

All in on Monday and pray for sharks to push it up. Then all will be happy if "the god is crazy".

At least l have stayed out from gloves long ago unlike a big head logo staying with Genting for years.

emsvsi YES GLOVE LOVER STARTOFTHEBULL ALL YOU NEED TO DO IS GO BACK TO THE LAST GE AN...
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Big head logo are you living in the past?

@pjseow
Good to see your posting again. How is (or was) your Supermax now?Which sectors are you in (or planning) now?
I am just asking, you don't need to answer me.

Genting lowest was RM3 during pandemic peak. What price is Genting now?
In the midst of GE16 election campaigns let's see Genting will be up or all the way down.

Pray to win in casino Bursa is like asking for 4d numbers from Datok Gong.

Now air fares are also very expensive. You won't die by not traveling but you will surely die by not eating.

Wheat (flour) price rises, rice, corn, barley, soybean, oat, cocoa and many more. What else to eat if also cut back on consumption of palm oil products?

@sunnyspoon
Cukai Makmur, yes I know.
Saturday KLSE no trading also you can sell Aeon and buy cooking oil?
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136 posts

Posted by sunnyspoon > 13 minutes ago | Report Abuse

Cukai makmur impose
sunnyspoon

136 posts

Posted by sunnyspoon > 13 minutes ago | Report Abuse

Cukai makmur impose

Post removed.Why?

This is exactly what happen when we have fresh graduates from those "cap barang" business overseas universities assigned by investment banks to operate their share trading accounts.

Negative articles by local investment research analysts contribute to part of the fear sentiments to investors thus trigger the sell off of plantation stocks.

@Goldberg
Sorry, you miss out a paragraph as below:-
"Nonetheless, Chong said the research house has previously underestimated the extent of the global vegetable oil supply shortage, which resulted in a rally across the commodities. As such, Chong has revised his 2022 CPO price forecast higher from RM4,300 a tonne to RM5,000 a tonne but maintains his 2023’s forecast of RM3,800 a tonne."
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The writer admitted that they previously underestimated the extent of the global vegetable oil supply shortage. How likely they will not underestimate again? Let's wait and see.

Very good writeup, thank you Calvin and Sslee for your sharing
With sanctions imposed on Russia by the West and OPEC refuses to increase production thus causing the oil price surge. However, high fuel prices eventually leads to lower consumption, less people can afford to move around so high oil price cannot last long.
Look at Sri Lanka, no more petrol available but the people can still survive as long as foods are still available.