Posted by stockraider > 2021-05-09 12:37 | Report Abuse

Already confirmed palmoil plantation is going to make windfall profit ma!

Next is to make windfall gain on plantation stock price loh!

Jump in b4 too late loh!


Cpo at record rm 4700 per ton, the palmoil share price will go on rampage soon loh!

Posted by pjseow > 2021-05-09 13:03 | Report Abuse

Miao Miao 7 , I tends to agree with you on the effect of US dollar downtrend due to huge QE by Biden . I remembered when Obama did a 2 trillion QE in 2009 and 2010 , our Ringgit strengthen from 3.8 to 3.0 . Last year D TRump did a 4 trillion QE . THis year Biden will do another 6 trillions money printing for pandemic , infrastructre and high tech investments .With oil price on the up trend our Ringgit will rise with respect to US Dollar . Unless Malaysia also print faster than US because of lower tax collections due to covid pandemic , our ringgit may remain at 4 level .

Posted by stockraider > 2021-05-09 13:09 | Report Abuse

U must understand loh...a weaker USD is a strong case for commodity to go up mah!

In that case investing plantation is the best hedge against inflation beside giving good cashflow in the form of dividend loh!

Thats the reason why bill gates/ w.buffet says investing in farmland or equivalent plantation mah!

Posted by pjseow > May 9, 2021 1:03 PM | Report Abuse

Miao Miao 7 , I tends to agree with you on the effect of US dollar downtrend due to huge QE by Biden . I remembered when Obama did a 2 trillion QE in 2009 and 2010 , our Ringgit strengthen from 3.8 to 3.0 . Last year D TRump did a 4 trillion QE . THis year Biden will do another 6 trillions money printing for pandemic , infrastructre and high tech investments .With oil price on the up trend our Ringgit will rise with respect to US Dollar . Unless Malaysia also print faster than US because of lower tax collections due to covid pandemic , our ringgit may remain at 4 level .

Posted by Supermax2020 > 2021-05-09 13:19 | Report Abuse

PRICED IN ALREADY LA

Posted by s3phiroth > 2021-05-09 18:31 | Report Abuse

Somehow i just dont understand y u ppl is phobia about windfall tax. What is 3% of windfall tax? That means u pay extra RM3 tax when price increases RM100.

Let me ask u one thing: Would u rather to pay RM150 windfall tax if the price hit RM5000, or pay zero windfall tax if the price drop back to RM2500 or below? Use your brain man! Dont be penny wise pound foolish!

Posted by s3phiroth > 2021-05-09 18:33 | Report Abuse

Further more palm oil windfall tax is not something new but already exist decades ago!

Posted by stockraider > 2021-05-09 18:46 |

Post removed.Why?

Posted by chinaman > 2021-05-09 19:04 | Report Abuse

windfall on palm oil not so fair to small holders with small output only....CARBON tax on polluting industry like steel, cement, furniture, chemical, plastic, coal power etc. based on the level of air pollution level it generates...this is fair

Posted by chinaman > 2021-05-09 19:07 |

Post removed.Why?

Posted by chinaman > 2021-05-09 19:09 |

Post removed.Why?

Posted by stockraider > 2021-05-09 19:13 | Report Abuse

Why windfall tax on palmoil & not gloves leh ?

U see palmoil is a commodity n it make use of msia natural resources like land & weather to make monies mah!

When there are super profit, the govt wants to tax on the windfall...loh!

The infra to tax more on palmoil is there mah!
Like having export tax...!!
Cess levy etc loh...!!
On top of that when palmoil do well...income tax is still being levy at existing rate the govt still collect more income tax mah!

Gloves...although it is a commodity...but it is an industrial product mah!

When super profit is make....they still pay high income tax...base on the proportionate tax rate applicable loh!

There is nothing to stop. msia govt..imposing more tax or windfall tax on gloves loh...but where do we stop from here leh ??

Then we should impose higher tax on telcos, banks, technology business as well whenever they make super profit meh ??

At the end base on this windfall policy the business men will see msia as a pariah country to do business with mah!
Thus they make invest else where loh!

They are no consistency & rule of law...if everytime, out of jealousy of people making more monies, The govt imposing new higher tax rate or windfall tax loh!

The good thing is the gloves realise there is need for social service...they have voluntary donated extra Rm 400m collectively to the msia govt for covid 19 fund loh!

Despite palmoil co after paying windfall profit to the Govt, most importantly palmoil plantation still make wind fall profit after paying out mah!

Posted by chinaman > May 9, 2021 7:04 PM | Report Abuse

windfall on palm oil not so fair to small holders with small output only....CARBON tax on polluting industry like steel, cement, furniture, chemical, plastic, coal power etc. based on the level of air pollution level it generates...this is fair

Posted by calvintaneng > 2021-05-09 20:17 | Report Abuse

Palm oil companies earning so much pay 8% windfall tax is very ok

Only beggars, bankrupt and PN17 companies no money to pay tax

Posted by CCWONG > 2021-05-09 20:20 | Report Abuse

Ability to pay tax comes from ability to make superb profits.

It is a good news indeed as Economists are good predictors.

Posted by Mabel > 2021-05-09 22:50 | Report Abuse

Mabel take away from all these development is a weaker USD is a strong case for commodity to go up..

In that case investing in plantation is the best hedge against inflation beside giving good cashflow in the form of dividend ..

That's the reason why Bill Gates/ Warren Buffet says investing in farmland or equivalent plantation is the best hedges against other sectors.

There may be some correction next week. However in the long run, Plantation stocks will prevail. In addition, Brent is expected to breach USD 70. Both of thee development is a great development. It compliments my Bio Diesel Renewal Energy Programme. Remember, we are dealing with an industry that is feeding 8 billion people across the planet.

Have a great week. It's a short week due to the Aidil Fitri Holidays. So Trade wisely!

Meow

Posted by stockraider > 2021-05-10 11:31 | Report Abuse

Congrats all plantation investors

Posted by LossAversion > 2021-05-10 11:35 | Report Abuse

Dont worries about windfall tax. Any rates decided has been in consultation with palm oil players already. Thus, palm oil companies have been prepared for taxes due to super or escalation of PO prices.

Posted by calvintaneng > 2021-05-10 13:16 | Report Abuse

Slow and steady up for Palm oil this year

What glove did last year palm oil is repeating this year

Success begets success!

Posted by calvintaneng > 2021-09-28 23:58 | Report Abuse

Nasdaq tech stock collapses in doom

Hide in safety of oil palm stock now

Posted by calvintaneng > 2021-11-19 08:17 | Report Abuse

Yes

Alred listen

Posted by calvintaneng > 2021-11-19 08:19 | Report Abuse

Should be Alfred

Posted by calvintaneng > 2022-05-11 11:24 |

Post removed.Why?

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 2022-05-12 12:44 | Report Abuse

>>>>

Posted by calvintaneng > 1 day ago | Report Abuse

last chance to buy palm oil before all fly away

>>>>>>


last chance to buy NETX before all fly away
last chance to buy XXXXX before all fly away

Same tune, different time :-)

Posted by calvintaneng > 2022-05-12 13:13 | Report Abuse

why you only mention netx?

you forgot last chance to buy Ogse in year 2019 before bull run then

in year 2020 may was last chance to buy Supermax before it flew to Rm24.44 by Nov 20