Posted by The St. Goreng > 2021-05-06 22:29 | Report Abuse

Precisely.

Only Steel, Plantation and Lumber.

Posted by stockraider > 2021-05-06 22:32 | Report Abuse

The two most important things among others that drives the price of a stock is definitely profit margin and prospects. Previously plantation stocks were facing some difficulty despite the CPO price going up is due to the uncertain prospects cased by COVID-19 and shipments obstacles. Based on the forecast mentioned in the earlier note, the second factor seems to be overcomed from the increased in shipments.

Since CPO prices are still going up and shipments are expected to increase in tandem with the high production, there is probably only one direction for the plantation stocks.

Posted by DickyMe > 2021-05-06 22:51 | Report Abuse

The chart says it all,

Dumping time arriving

Posted by LimitUp > 2021-05-07 06:45 | Report Abuse

How long is this going to last?

Posted by calvintaneng > 2021-05-07 08:32 | Report Abuse

How long going to last?

I bought Supermax in April 2020 for Rm1.73

Supermax lasted for several months and reached Rm24.44 but still linger around Rm10.00(Rm5.00 x 2 bonus)

So just buy and hold for 6 months to 1 year

Gloves got competition as new glove factories could be set up in just 6 months so there is no barrier to competition

For palm oil there is high barrier to entry as it takes more than 3 1/2 years to plant and see first fruit harvest

So can we expect Palm oil bull to last longer than glove bull?

Posted by devadra > 2021-05-07 14:54 | Report Abuse

Worse yet to come

Posted by calvintaneng > 2021-05-07 15:24 | Report Abuse

worst for those who come late as they will pay much much higher prices for everyday delay

Posted by calvintaneng > 2021-05-07 15:25 | Report Abuse

Better pay Rm1.73 when Supermax was Rm1.73 in April 2020 than to chase Supermax after it crossed Rm20

Posted by calvintaneng > 2021-05-07 15:27 | Report Abuse

So best time to buy palm oil share now than to chase after

good news out in May 2021
great news out in Aug 2021
And fantastic news out by Nov 21 when prices are up the sky

Posted by Lukey_Greek > 2021-05-07 17:44 | Report Abuse

Q1 result will be catastrophe due to reinstatement of export tax of 8% on CPO.
Good luck for those who rush in now.

Posted by sherlockman > 2021-05-07 17:53 | Report Abuse

no need to promote so hard ....retailers like to buy high and hope to sell higher. So price not high enough yet. CPO hit 5000 then maybe they will realise

Posted by calvintaneng > 2021-05-08 00:06 | Report Abuse

Cpo hit Rm5000?

quite near and quite soon

so you want to chase AFTER palm oil shares go limit up?

Posted by stockraider > 2021-05-08 15:20 | Report Abuse

Not only that at cpo Rm 4000, u only making super profit loh!


Posted by calvintaneng > May 8, 2021 12:06 AM | Report Abuse

Cpo hit Rm5000?

quite near and quite soon

so you want to chase AFTER palm oil shares go limit up?

Posted by TheGardener > 2021-05-08 16:33 | Report Abuse

Why 2089 not in the list please?

Posted by calvintaneng > 2021-05-08 22:01 | Report Abuse

Why 2089 or Uplant not in the list?

Good question

Because Uplant like Batu Kawan and Klk are good stable blue chip Plantation stocks which you should buy during bad times

In good time you buy 2nd liner and 3rd liner plantation stocks better

See how Esceramic, Hlt and Careplus outperformed Topglove and Harta by percentage

Big blue chip Glove only up 200% to 300% but small cap like Hlt up from 10 sen to Rm3.20 (Up 3,000%) at peak

Now cannot chase glove but sell all glove and buy small cap Palm oil shares best

Posted by Sichang > 2021-05-09 09:43 | Report Abuse

Rsawit and TDM not in the list ?

Posted by stockraider > 2021-05-09 10:46 | Report Abuse

Just buy lah!