RSAWIT (over-priced counter) down another 1% to 92sen TSH (over-promised counter)almost free fall...low 2.18 CEPAT down 2.6% BKAWAN down 1% too (under-valued but buy later)
catch it now before it rebounds. I have faith in plantation. It is just a commodity play. Beside, the sudden sime share price drop could be attributed by E&O :-)
CPO prices is down because of slow sales and high stock inventories. stock is projected to hit 2.30 Million tons end September and possible 3.0 Million tons next year
Aiyoo, now I've become hesitant after reading your comments here HAHA! Was/Am thinking about Sime-CR, but talk of falling knives is scaring me off. Have to decide fast - buy now or later...
There's more than a fighting chance at 0.035, although there's also the possibility we might have to pick up and wait a bit. But so many lining up to buy at this price. 0.04... a bit risky although it wouldn't matter if the mother were to rebound. Will have to wait and see.
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chongkonghui
1,117 posts
Posted by chongkonghui > 2012-10-03 11:33 | Report Abuse
CPO-related counter doing bad today....
RSAWIT (over-priced counter) down another 1% to 92sen
TSH (over-promised counter)almost free fall...low 2.18
CEPAT down 2.6%
BKAWAN down 1% too (under-valued but buy later)