Posted by calvintaneng > 2020-12-30 22:27 | Report Abuse

Jonathan Keung
Calvintaneng : yup agreed but most of the planter's stock still lack lustre not moving unlike the gloves darling days
30/12/2020 4:06 PM
X
calvintaneng

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 in April 2020 if compare to March low of Rm1.30

Of course only on hindsight now Rm1.73 was actually very cheap (but in April when I bought Supermax at Rm1.73 I thought price already up by 43 sen higher as compared to March Rm1.30 low

So is palm oil now

Look back by End 2021 then SEE (SEE if people are as bullish on Palm oil stocks by then just like they are so excited about gloves & vaccine hype
30/12/2020 10:14 PM

Posted by Seeyounoup > 2020-12-30 23:06 | Report Abuse

US blocks imports of palm oil from Sime Darby Plantation.

https://www.klsescreener.com/v2/news/view/772323/us-blocks-imports-of-palm-oil-from-sime-darby-plantation

so USA want to block everything from Malaysia la ? C C B

Posted by calvintaneng > 2020-12-31 00:59 | Report Abuse

no problem

Jtiasa is 100% Rspo

no child labour
no forced labour

Also Main market for cpo is not Usa but China and India

China Rm1.39 billion population
india Rm1.35 billion population

Huge demand

Posted by calvintaneng > 2020-12-31 07:20 | Report Abuse

Very happy day

Soybean Usd13 crossed

Cpo will end 2020 at Record High

Can look forward to excellent results for all palm oil shares by Feb 2021 results

Posted by Seeyounoup > 2020-12-31 09:11 | Report Abuse

US blocks imports of palm oil from Sime Darby Plantation.

Posted by stockraider > 2021-01-09 13:26 | Report Abuse

Why the rally on cpo is sustainable leh ??

If u check the cpo spot & future from Jan 2021 to Dec 2021 all prices are above Rm 3000 until November 2021 & only December 2021 is slightly below Rm 3000 but still consider high at around Rm 2970 per tonnes.

For your info, when palmoil is average rm 2500, all the palmoil plantations make good profit mah...!!

Thus the good profit of palmoil company is sustainable very good & the average palmoil price should easily exceed average rm 3000 for 2021 mah...!!

Like calvin sifu says there are Great Safety In Palm Oil Shares loh!


Posted by calvintaneng > Jan 9, 2021 11:49 AM | Report Abuse

Cpo reaching Rm4000

Moving up to Rm4500 and Rm5000 range due to la nina

Hide in great safety of palm oil shares

Posted by calvintaneng > Jan 9, 2021 10:11 AM | Report Abuse

Happy morning all

Yesterday Soybean prices in USA closed above Usd13.70 to yet another new high due to very dry weather in South America

La nina is here with uneven weather on earth

Floods in Malaysia will deplete cpo stocks and drought will decimate Soybean crops in Brazil and Argentina

Leading to huge shortfall and panic buying later

Palm oil bull is now on course to run for all the months of 2021