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2 comment(s). Last comment by kimkowlee 2014-10-28 11:48
Posted by kimkowlee > 2014-10-28 11:48 | Report Abuse
Very true n logic for the oil palm n crude oil view. When u think big shark or VT will move BJ?
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
calvintaneng
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Posted by calvintaneng > 2014-10-28 11:41 | Report Abuse
Palm Oil is a necessity. All our Malaysia teh tarik has no milk - but Milk substitute which is palm oil.
However, unfortunately, like any other hard commodity palm oil is cyclical due to 2 factors
1) Soy Bean Oil. This Soy Oil is very erratic due to the changing climate. Sometimes in abundance and some time in scarcity due to drought in US. When there is surplus soy or corn oil palm oil prices will be weak.
2) Another New Fangled Peril is Shale Oil. The Overflowing wells of Shale Oil from North Dakota is hammering the Crude Oil Prices. Thus dragging down Biodiesel oil.
And Pam Oil will be hit indirectly.
With A World Awash in Both Mineral & Vege Oil Better Keep Away From Both Palm Oil & Also Oil & Gas Counters For The Time Being.
Who will benefit most from Oil Price Weakness?
Those involved with Food Production like BJ Food
Those Who Sell Cars Like Berjaya Auto
Those Who Has Hotels & Resorts (Cheaper for Tourist to travel far & wide)
SO BJ CORP WILL BENEFIT THE MOST!