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11 comment(s). Last comment by calvintaneng 2020-12-30 22:14

bulldog

12,157 posts

Posted by bulldog > 2020-12-24 03:02 | Report Abuse

Good research Calvin

Huat chaiii

calvintaneng

56,441 posts

Posted by calvintaneng > 2020-12-24 07:16 |

Post removed.Why?

calvintaneng

56,441 posts

Posted by calvintaneng > 2020-12-24 11:04 | Report Abuse

fcpo jan 2021 new high at Rm3850 touched

calvintaneng

56,441 posts

Posted by calvintaneng > 2020-12-24 11:05 | Report Abuse

Fcpo at Rm3,850?

Quite surreal

calvintaneng

56,441 posts

Posted by calvintaneng > 2020-12-24 15:15 | Report Abuse

LUMBER ALSO POWERING UP

See
https://www.macrotrends.net/futures/lumber

These 3 will benefit from High Lumber & Cpo prices

1) WTK got more lumber than palm oil

2) Jtiasa got more palm oil than lumber

3) Thplant got palm oil & forestry

calvintaneng

56,441 posts

Posted by calvintaneng > 2020-12-24 15:19 | Report Abuse

WHOA FCPO JAN 2021 NOW REACHED RM3,877

GOING UP LIKE BALLISTIC MISSILE

calvintaneng

56,441 posts

Posted by calvintaneng > 2020-12-25 11:33 | Report Abuse

Cpo at 25 year high now

Feb 2021 results for all plantation stocks will be fantastic

stockraider

31,556 posts

Posted by stockraider > 2020-12-25 11:40 | Report Abuse

Despite the strong cpo prices, the things pressing it down is the cpo tax implementation, it was already confirmed at 8% now loh..!!

Now with this news already out & behind us, we look at the cpo future & it ranges from jan to august Rm 3800 to Rm 3000, all above the super profitable benchmark price of Rm 3,000 over 8 months.

Thus if u have invested in palmoil stock , you can expert super profit for at least 8 months loh...!!

In addition u need to know, if cpo prices above rm 2,600 u already substantial good margin and profit as most of plantations cpo cost is around rm 1,600 per ton mah...!!

Thus 2021 will be a very good year for palm oil plantation mah...!!

Market is still sceptic about palmoil...it will turn positive optimistic very soon loh...!!

Go in early, do not be late like Johnny come lately mah..!!

calvintaneng

56,441 posts

Posted by calvintaneng > 2020-12-30 16:04 | Report Abuse

FCPO JAN 2021 TOUCHED NEW HIGH OF RM3,880 MEANS YEAR 2021 CPO PRICES WILL BE STILL BULLISH, Calvin Tan Research

https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/2020-12-30-story-h1538458941-FCPO_JAN_2021_TOUCHED_NEW_HIGH_OF_RM3_880_MEANS_YEAR_2021_CPO_PRICES_WI.jsp

Posted by Jonathan Keung > 2020-12-30 16:06 | Report Abuse

Calvintaneng : yup agreed but most of the planter's stock still lack lustre not moving unlike the gloves darling days

calvintaneng

56,441 posts

Posted by calvintaneng > 2020-12-30 22:14 | Report Abuse

Jonathan

Gloves actually gone down when wuhan kena virus in Dec 2019

And Supermax was Rm1.47 i think in Dec 2019

3 months later Supermax even fell to Rm1.30 as nobody was bullish

I only bought Supermax at a high price of Rm1.73 if compare to March low of Rm1.30

Of course only on hindsight now Rm1.73 was actually cheap

So is palm oil now

Look back by End 2021 then SEE

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