https://www.thestar.com.my/business/business-news/2020/01/10/malaysian-palm-oil-price-surges-as-india-restricts-refined-palm-oil-imports

hmm...technicals long term are still good just the short term is a bit etchy...have to take into consideration that the last few days was noise due to iran-america war news which just cleared and was generally affecting price for the entire market anyway. Guess friday will be indicative of subsequent direction...

they very aggressive at acquiring projects

https://www.theedgemarkets.com/article/kejuruteraan-asastera-bags-electrical-services-job-kl-property-project

https://www.theedgemarkets.com/article/kab-17-after-announcing-solar-energy-expansion-strategy

spoke too soon...rallying strong still. nice

well...i think the price isn't rallying today 1.)people unnerved by yesterday's drop 2.)the obvious news and 3.)the supply and demand sorting itself out for the immediate term. I think mid term it will rally back once the supply and demand is at equilibrium again.

Agreed,....the CPO price doesn't lie... https://www.investing.com/commodities/crude-palm-oil for latest...and it shows the recovery.

true but due to relatively tight inventories any additional demand to indonesia from india would incur a loss for indonesia of other customers whom would rotate to buying malaysian and the simple process of rebalancing price with supply and demand,for the moderate term to longer that isn't an issue. It's probably only the immediate that the concern is present.

agree with upsidedown119 on that point
...on another note....Trump didn't declare war....tomorrow should be a rally for KLCI on the back of wallstreet's rally.

look at futures ,it's rallying now...so we should have a good day tmr... unless trump says something bad....in literally the next 30mins.......paperplane...that news was priced in already....lol. look at futures prices to get a clue on what the price will be like tmr. it's up now fyi.

pokemon..that article is kinda already priced in. look at futures to see effect. anyway,it's rallying now...so we should have a good day tmr... unless trump says something bad....in literally the next 30mins...lol

but momentum "might" work before a pullback...I haven't a clue....wondering if a fund bought in....or the chairman personally bought after his statement last week....or aunties all collecting gold is it? since they don't buy etfs? lol....i remember my grandmother used to collect....LOL!....anyway, I think average into it maybe? just in case of reversal for profit taking?

hard to chase though. also 30% in a day is kinda nuts.

oop.....and there the palm oil futures rally in....nevermind.

So the indian news...is it old or new? I'm confused....or is it old that was reiterated? ...anyhoo, at least the macro environment should be positive tmr.. one issue out of the way.... just need to 1.)double check the india rumour / if a repeat 2.)The china-usa trade terms (which unfortunately is never quite detailed and hence why they take years to get anything done). https://www.marketwatch.com/story/sp-500-futures-turn-narrowly-higher-after-iran-attack-2020-01-08?siteid=rss&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A%20marketwatch%2Fmarketpulse%20(MarketWatch.com%20-%20MarketPulse)

Well,you're right. In the end an Indian boycott actually would only have a temporary affect on prices as it eventually re-balances. I'm more concerned on China-USA trade deal. Since if it includes soy oils....may affect China's demand for palm oil? Since they currently use palm oil as a substitute?

bought the bottom and already bounced up strongly...nice profits...didn't even expect it to bounce till tmr or friday...lol. Was going to buy more tmr when down more. Was waiting for the drop in American indexes later tonight to hit the market more tmr at open then only buy when they recover. Hope to see you sell more...I'd like better discounts. Weak hands are needed for people like me to profit. Thank you.

guess you've never been an investor. war is profitable. america's stocks rally in war. Every historical chart shows that: https://www.cnbc.com/2020/01/03/heres-what-happens-to-the-markets-after-major-middle-east-events.html?__source=Facebook%7CINT&fbclid=IwAR1B7RRP-hut6a4NQV_WIfKOFjN7OohW0d5qA3f8FRAxLOdCzlu2GdGgfrU just this posted already...still behave like lala cause cannot read and panic too easily....can't be helped when uneducated ma. morning losses by lazy fund managers following index already reversing. Gotta use brains to make money liao. ;)

think tmr...not today, although initial losses already recovering...early morning they reacted to nyse in red...but only slightly low. tmr nyse green they follow. america usually rally once war start...so isn't an issue. refer above article on historical moves.

aren't they in charge of maintenance of the newly proclaimed visa-free for india and china systems? that would be a HUGE influx of a project?

Well...as long as Iran doesn’t do something stupid. Only thing I’m looking at now is how the market would react to the China-USA trade deal as it puts soy oil-vs-palm oil. Besides that we should rally into March.

KLCI should be green later today....nasdaq led the rally into green. Hence,like usual...malaysian stocks would follow suit....

ah...and like i said....US markets are now rallying....sweet....guess that's the end of that little debacle. nasdaq just went green....

hmm...besides profit taking...would the futures be down because of the china-usa trade deal being signed? Would mean soy is back in china menu and a reduction of palm oil perhaps? hmm...last i checked their prices were on par.

https://www.cnbc.com/2020/01/03/heres-what-happens-to-the-markets-after-major-middle-east-events.html?__source=Facebook%7CINT&fbclid=IwAR1B7RRP-hut6a4NQV_WIfKOFjN7OohW0d5qA3f8FRAxLOdCzlu2GdGgfrU

https://www.cnbc.com/2020/01/03/heres-what-happens-to-the-markets-after-major-middle-east-events.html?__source=Facebook%7CINT&fbclid=IwAR1B7RRP-hut6a4NQV_WIfKOFjN7OohW0d5qA3f8FRAxLOdCzlu2GdGgfrU

https://themalaysianreserve.com/2019/12/30/palm-oil-industrys-earnings-to-rise-in-coming-quarters/ earnings report due to be positive...just wait lor..if youre a trader then sell and buy the stock on no news for what...already expectation is good for the earnings and earnings report is the only deciding factor of a stock anyway.

funds are directly correlating it with the futures prices....so you'd get a better indication of price action there.

*nothing unsual

it's profit taking...the broader trend is till up till about march. Can't panic at every drop. That isn't investing then. Besides, there was profit taking at regular intervals if you look a the chart. "unusual"

https://www.nytimes.com/1998/12/19/business/the-markets-stocks-bonds-nasdaq-leads-advances-on-all-markets.html?fbclid=IwAR3F92Csltk39nD7NQCHhTmUSYkgvmfT8B2785bUh3z79HVvhobYG-HXpKM the 1998 reaction

Friday night American market down. Malaysia is always subsequent session follow only. Hence down. Nothing to do with fundamentals. Iran general got killed so some noise. Check 1998 same thing. Clinton impeached, yen up, bombs Iraq, then stocks drop cause nervous from bombing then rallied hard. Now same pattern, trump impeached, yen up, bombs Iran, stocks drop cause nervous then will rally hard probably after weds. Malaysia market will follow blindly. Our fund managers lazy. Just follow only.Sell now and miss rally midweek? lol. Not very wise aye? considering it's the exact pattern as with 1998? usual selling on such news is 1-3 days. SO by midweek we'd see rally again. If wanted to sell should have sold friday.Not after the initial reaction. Now time to collect. https://www.msnbc.com/morning-joe/watch/parallels-between-now-and-1998-iraq-air-strike-75998277700?fbclid=IwAR1z4f9YcSdgDZZGXwhfXmH1KXqExV6FBMnWWgUZTopBNNhimlkaBo9g4f0 political game...repeated

Friday night American market down. Malaysia is always subsequent session follow only. Hence down. Nothing to do with fundamentals. Iran general got killed so some rubbish. Check 1998 same thing. Clinton impeached, yen up, bombs Iraq, then stocks drop cause nervous from bombing then rallied hard. Now same pattern, trump impeached, yen up, bombs Iran, stocks drop cause nervous then will rally hard probably after weds. Malaysia market will follow blindly. Our fund managers lazy. Just follow only.

Friday night American market down. Malaysia is always subsequent session follow only. Hence down. Nothing to do with fundamentals. Iran general got killed so some rubbish. Check 1998 same thing. Clinton impeached, yen up, bombs Iraq, then stocks drop cause nervous from bombing then rallied hard. Now same pattern, trump impeached, yen up, bombs Iran, stocks drop cause nervous then will rally hard probably after weds. Malaysia market will follow blindly.

https://www.thestar.com.my/business/business-news/2020/01/06/good-start-for-malaysian-plantation-sector

https://www.malaymail.com/news/money/2020/01/05/palm-oil-welcomes-2020-with-a-bang/1824835

https://www.malaymail.com/news/money/2020/01/05/palm-oil-welcomes-2020-with-a-bang/1824835

https://www.nst.com.my/business/2019/12/548719/airasia-advocates-palm-oil-its-biofuel-programme

https://www.digitimes.com/news/a20190919PD203.html china poaching korean and taiwanese semi conductor workers, causing taiwan to hire from japan. China can't buy outright as it would be blocked by taiwanese govt. Hence, our semi con space would be an ideal acquisition target. Speculation perhaps...but one with merit.

For those whom don't understand a growth story and preach on a lack of earnings: "Focus Dynamics Group Berhad wasn’t profitable in the last twelve months, it is unlikely we’ll see a strong correlation between its share price and its earnings per share (EPS). Arguably revenue is our next best option. Shareholders of unprofitable companies usually expect strong revenue growth." ....and no...revenue growth hasn't slowed....enjoy and all the best!

"In the last 5 years Focus Dynamics Group Berhad saw its revenue grow at 25% per year. Even measured against other revenue-focussed companies, that’s a good result. Arguably, this is well and truly reflected in the strong share price gain of 64%(per year) over the same period. Despite the strong run, top performers like Focus Dynamics Group Berhad have been known to go on winning for decades. On the face of it, this looks lke a good opportunity, although we note sentiment seems very positive already. "

https://www.scmp.com/tech/tech-leaders-and-founders/article/3024040/are-chinas-investments-semiconductors-all-naught-us?utm_content=article&utm_medium=social&utm_source=fb&utm_campaign=GME-I-retarget-my-scmp-fb-uv-all_tech_article&utm_id=fb_cmp-6123088820492_adg-6123088830292_ad-6143066484292&fbclid=IwAR1-EtZrrjWNvt2yEEDXnnpkNOxxhGPNK26Gn3cAD-s_1HM0pUHLIhqlVBE#Echobox=1566808706 I wouldn't be surprised to see foreign acquisition of our semi con space by china.

People were saying overbought for 5 years. Lol. You either believe in the company or your don’t. Simple enough.

https://simplywall.st/stocks/my/consumer-retailing/klse-focus/focus-dynamics-group-berhad-shares/news/announcing-focus-dynamics-group-berhad-klsefocus-stock-rocketed-an-astounding-1078-in-the-last-five-years/

you're welcome

all govt computers must be removed as no american microchips must be in them,.similar accross other their industries...you may google it. it's public knowledge now.

the sector itself is due for a 2020 rally. So any drops in the charts are only that. Chart plays and have little impact of the story. If anything they're opportunities for buys. The idea that a person opens multiple accounts here just to win their so called debate is kinda stupid considering the mount of traction here is pretty little as most of the market is fund controlled anyway. Seems like a waste of effort.lol. But,whatever floats your boat I guess. Micron and similar semi names are already rallying up and more companies are being rotated from China to SEA. Also,new tech rulings in china would potentially divert supply chain to SEA from USA. We technically gain from both sides of the divide. Next year should be a nice rally up.use the window dressing rotation to buy names being sold before they rotate back in next year.

Loose hands are nothing new. The idea here isn't why it's falling. It's...at what level do I buy back/more? Uncertainty caused the fall. The strategic vision is where the profits are.Inari lost a large customer Broadcom. But the same Broadcom unit is going to apple. Apple's demands are larger. So potentially if they maintain the Broadcom's unit's independence,there's a huge upside potential.Sure It could also mean Apple might change supplier but that's unlikely. Broadcom's supply lines are a lot more complex than apple's in regards to intricacy due to where they're located in the value chain.Broadcom isn't Inari's ONLY client either. SO assumption that it would go broke is largely fearmongering. Broadcom's 2 yr contract still holds. Inari has little to fear in the medium term. Yesterday EPF and KWSP bought into it. I doubt they'd be the ones jumping ship.(literally it's stated on the top of this forum). As Warren Buffet said "Be fearful when others are greedy and greedy when others are fearful". Happy Trading!

uncertainty cause large customer:broadcom selling out -but new potential:apple maybe still use them maybe not. If do use the volume will be larger and is a benefit. Also,broadcom has 2 yr contract. So technically not an immediate issue even if sold to apple. Yet,markets are never quite rational. Good too. Otherwise,never an opportunity to buy in.