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19 comment(s). Last comment by chyokh 2016-04-11 13:20

voonyoke

1,036 posts

Posted by voonyoke > 2016-04-11 11:46 | Report Abuse

It will only be good news if the increment of crude palm oil price is more than the decrease of the yield of crude palm oil.

calvintaneng

56,561 posts

Posted by calvintaneng > 2016-04-11 11:53 | Report Abuse

voonyoke It will only be good news if the increment of crude palm oil price is more than the decrease of the yield of crude palm oil.
11/04/2016 11:46

TWIN GOOD NEWS FOR 2ND HALF OF 2016

1) INCREASE OF CPO PRICES.
2) HUGE INCREASE OF FFB AS HEAVY SHOWERS EXPECTED AFTER EL NINO USHERS IN LA NINA

Looking ahead at such bright prospects YOU BETTER LOAD UP ALL OIL PALM STOCKS NOW WHILE SO MANY ARE STILL OBLIVIOUS!

Remember the Sequence

1) EAGLE SEES FIRST. Can see 5 Kilometers ahead
2) NEXT TO SEE WILL BE OTHER FLYING BIRDS - Can see 1 Kilometer away
3) THE CHICKENS ON THE GROUND SEE NOTHING AT ALL. SO WILL BE EATEN BY SYNDICATES CHASING ONLY SYNDICATED STOCKS.

So those who CAN SEE NOW will LOAD UP!!

chyokh

158 posts

Posted by chyokh > 2016-04-11 12:46 | Report Abuse

"In the wake of IOI Group’s suspension from the the world’s largest association for ethical palm oil production, its customers Unilever, Kellogg and Mars have announced they will stop doing business with the Malaysian conglomerate." and this was because "its downstream affiliate IOI Loders Croklaan, were suspended from the Roundtable on Sustainable Palm Oil (RSPO) last month over the group’s plantations in the Ketapang area of Kalimantan, the Indonesian part of Borneo. Three of IOI’s subsidiaries are allegedto have violated a raft of RSPO standards meant to prevent rainforest destruction and social conflicts, and to have broken the law."

chyokh

158 posts

Posted by chyokh > 2016-04-11 12:48 | Report Abuse

From increased export duties to a hiring freeze on foreign labour, this puts the plantation sector in for a tough year.

chyokh

158 posts

Posted by chyokh > 2016-04-11 13:08 | Report Abuse

The Sarawak palm oil industry has incurred revenue losses of some RM2.8bil a year due to the shortage of more than 12,000 fruit harvesters, a seminar here was told.

chyokh

158 posts

Posted by chyokh > 2016-04-11 13:09 | Report Abuse

Sarawak Land Development Minister Tan Sri Dr James Masing has taken to task non-governmental organisations (NGOs) which are critical of the employment of foreign workers by oil palm plantations but offer no solution on resolving the sector’s acute labour shortage.

chyokh

158 posts

Posted by chyokh > 2016-04-11 13:09 | Report Abuse

Adenan hopes to minimise damage to natural forests by freezing new plantation licences.

chyokh

158 posts

Posted by chyokh > 2016-04-11 13:10 | Report Abuse

CIMB Equities Research is maintaining its Reduce for plantation heavyweight for IOI Corp on its rich valuations and rising concerns about the suspension of its RSPO.

chyokh

158 posts

Posted by chyokh > 2016-04-11 13:12 | Report Abuse

Sarawak is saddled with an acute shortage of about 35,000 workers in the plantation sector, especially for harvesting and collection of oil palm fresh fruit bunches (FFBs) and general field works, State Land Development Minister Tan Sri Dr James Jemut Masing said.

chyokh

158 posts

Posted by chyokh > 2016-04-11 13:12 | Report Abuse

CIMB Equities Research is retaining its Reduce call and sum-of-parts based target price of RM1.49 for Felda Global Ventures (FGV).

chyokh

158 posts

Posted by chyokh > 2016-04-11 13:12 | Report Abuse

More Sabah districts are being hit by the ongoing drought with reports of crops being destroyed by fires.

chyokh

158 posts

Posted by chyokh > 2016-04-11 13:13 | Report Abuse

The freeze on intake of foreign workers will stifle the palm oil sector in Malaysia, said an Olam International Ltd commodity trader.

calvintaneng

56,561 posts

Posted by calvintaneng > 2016-04-11 13:15 | Report Abuse

Switch from Ioi pl and buy Peninsular ones like MHC plant of Perak and Nsop of Negeri Sembilan then.
There are so many choices.

chyokh

158 posts

Posted by chyokh > 2016-04-11 13:18 | Report Abuse

Export tax on CPO to resume next month?

chyokh

158 posts

Posted by chyokh > 2016-04-11 13:18 | Report Abuse

MALAYSIA’S plantation sector is facing a labour shortage, which is set to become more severe if the recent hike in the foreign worker levy is implemented, according to Felda Global Ventures Holdings Bhd chief executive officer Datuk Mohd Emir Mavani Abdullah.

chyokh

158 posts

Posted by chyokh > 2016-04-11 13:19 | Report Abuse

THE palm oil price war between Indonesia and Malaysia – the world’s two largest producers – needs to be resolved fast as it is a no-win situation for both countries if prolonged.

chyokh

158 posts

Posted by chyokh > 2016-04-11 13:19 | Report Abuse

The 154% increase in foreign workers’ levy would translate into additional costs of more than RM82mil annually for oil palm planters in Sarawak.

chyokh

158 posts

Posted by chyokh > 2016-04-11 13:20 | Report Abuse

Affin Hwang Capital slashed its target price on Sime Darby Bhd on weaker profit outlook despite a projected increased in the selling price of crude palm oil (CPO) this year on worries that production at Sime Darby’s estates will be disrupted by freak weather pattern and higher labour cost.

chyokh

158 posts

Posted by chyokh > 2016-04-11 13:20 | Report Abuse

The 154% rise in the levy for foreign workers in the plantation sector has taken a toll on oil palm stocks whose landbank is concentrated in Malaysia.

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