Tomorrow limit up one sen.

Steep landing.

Get ready for the slaughter.

It should be the other way round instead.

Stock market these days is like casino. Who cares about great earnings?
Once it is done with the other stocks they will be back. Of course there is no restriction for those that want to sell cheap. Correct?

@Anaconder
It is useless to think. To be realistic you need to short it down.

https://edition.cnn.com/2022/05/02/business/gcc-food-security-mime-intl/index.html
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*A strategy that gained popularity and unwelcome attention after 2008 was the purchase of cheap farmland abroad. Saudi Arabia was among the leading Gulf states investing in overseas agriculture in countries like Sudan, Kenya and Ethiopia after reducing wheat production by about 12.5% annually in 2008 to save the kingdom's scarce water supplies. The practice has been criticized by activists for allegedly denying impoverished farmers access to farmland and resources*
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If local funds dislike plantations stocks foreign funds maybe very happy to buy and indirectly own some local farmlands.

Are those naysayers still active in KLSE? Will there be any follow up comments on this from them?

https://www.freemalaysiatoday.com/category/nation/2022/05/03/speed-up-worker-intake-sarawak-oil-palm-plantation-owners-tell-govt/

Always the best bargain price is during bad news expecially it is temporary.

If want to have the legs step into the dirty and filthy" longkang" this is the best stock to buy.

Sunnyspoon wrote with his pants and underwear dropped.

This fella has nothing better to do, throwing stones in i3 forums.

Indonesia needs exports revenue to support it's economy. The ban will be lifted as soon as they can for sure.

Just treat PK and Tomei like any other retail business such as FocusPoint, Aeon, QL, and exectra then it should be fine.

With inflation worsening, technology stocks downtrend is inevitable. It is interesting to see how much longer local funds are prepared to hold on to their stakes in technology stocks.
Based on recent history, plantations survived and outperformed on almost every recession including the last recession year 2009.

https://www.sinchew.com.my/20220429/%e6%a3%95%e6%b2%b9%e4%bb%b7%e5%8d%95%e6%9c%88%e6%9a%b4%e6%b6%a829-%e6%9c%80%e5%90%8e%e4%ba%a4%e6%98%93%e6%97%a5%e7%a0%b47%e5%8d%83/
Another clever analysis by CIMB research: Buy call HSPlant target price RM2.79 but current price is already RM3.27 now.

Kenanga also price sudden drop.

Good news coming?

@8888 EPF as sellers?
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Are you sure this comment not posted in the wrong forum?

Check with Jokowi better. Correct?

They were right after all; this stock would have been overbought recently giving the opportunity to the IB with the help of contra/margin players to take profit or cut loss and thus the stock price move against the trend. This is rarely happen to those in the same sectors.

Will CPO hits RM8,000 soon?

Analysts have repeatedly wrong in their prediction on CPO price since last year but unfortunately investors, as usual choose to refer to analysts before they invest. Just see what happen to tech stocks today.

IB has big appetite chosen to short this stock since Monday. It could be the opportunity to collect for those who has missed the boat.

Sri Lanka should have planted some oil palm instead of tea only but it is too late now.
Now some charity organizations are sending aids to them instead of cursing them for favouring the ESG lie.

Canola oil is touching new all time high.

This is likely to drag down most plantations stock tomorrow.

Very unlikely this week because long weekend coming. After Hari Raya fly again.

The government flip flop policy may have caused some interuption to plantations sectors. The most advantage for TSH is its huge piece of land within Nusantra.

@steven
The ban not included CPO so it doesn't affect TSH much.

Most of TSH's productions are in Indonesia therefore it is a good news for TSH. Tomorrow price up.

CPO failed to rally today could be another reason.

There isn't any sign that plantations bull run is over. Retailers liquidate their position ahead of the long weekend.

Margin players who chased high today go Holland.
Only investors with holding power can survive.

The uptrend is expected to continue till year 2023 or beyond. Only goreng kaki expecially contra/margin players would likely take profit ahead of the long weekend from end of this week. Two weeks later they buy back.

No intention to shorten the Ukraine war but the gain from their weapons sales can still be used to compensate for the purchase of soybean oil and canola oil at record price? This maybe true I guess.

Will the West continue to raise the ESG and environment/global warming issue or protest is about to happen in other importing countries?

https://www.thestar.com.my/aseanplus/aseanplus-news/2022/04/23/indonesia-warned-palm-oil-export-ban-could-backfire-say-top-experts

Besides WTK, Fima Corp and K.Fima and other stocks with oil palm plantations are not listed as plantations counters. Will they continue with the other plantation stocks uptrend from tomorrow that remains to be seen.

Food after digested and passed out it can only be good as fertilizer. Gold can be kept for a long time to hedge against inflation and can be converted to cash at time of emergency needs.

I remember Calvin has advised some people to stop chasing/cut loss in some 'rubbish' counters right before it crashed sometime ago.

TSH has most of its land and four oil mills in Indonesia. I think it can take a back seat for the time being until the export ban is lifted.

On the other hand, it will reduce export revenue and it's economy for Indonesia. For how long Indonesia can afford to continue with the export ban that remains to be seen.

If the news came out during trading hours yesterday most oil palm stocks would have surged. Don't know how much will be the opening price on Monday.

If you want to compare plantations with gloves so the surge should be temporary. History will repeat.
So it is wrong to compare plantations with gloves like most kaki goreng in share market.

As usual, next QR and dividend announcement is expected to be on the last working day of May 2022 at lunch break.

According to Bursa website, 9 months ago it was traded at 83c. In Mar 2022 it was traded at 94c. You have an unrealised profit of 4c now if you bought it 9 months ago. Not really true it has been sleeping for 9 months. Correct?

The company is not generous in giving out dividend like Innoprise and Kmloong. That maybe the reason it is lagging behind the two. Note that Kmloong latest QR, its EPS is 3.27c only even CPO average price was above RM5,000 in that quarter.

It seems someone is pressing down the price everyday after ex dividend thus scaring retailers away. That may be the reason.

Now I know why he wrote 'MHC was cheap'. That could be also meant by him that it is expensive now.