Glove stage 8 was last year overboiled and turned to steam. Then fell down to earth and now is at stage 3, warming only. Prices fell more than 60% from ATH.
The direction is strong accumulation for IJMPLANT mah...!!
This company has 60k planted hectarage in sabah & indonesia, alot of its plantation is emerging as prime stage mah! This will boost its revenue & profits with good cpo price loh...!!
U can expect superb result this coming December qtr mah...!!
Strong buy, do not missed loh!
What does this cpo price trend below tell U leh ??
Date Settlement Price RM 7 May 4788 3 Dec 3332 2 Dec 3316 1 Dec 3347 30 No 3305 27 No 3338 26 No 3227 25 Nov3285 24 No 3249 23 Nov 3326 20 Nov 3288
Ans; Rising CPO price and Rising Profit loh!!
Until Sept latest qtr result cpo average is roughly rm 2600 mah!!
December QTR we will be seeing conservatively Average Price Rm 3200, that is 23% increase in price n this increase revenue will all goes to the bottom line profit as there are no cost applicable to revenue generated from price increase loh...!!
Just imagine if Average palm oil price is Rm 2800, U already see super strong profit loh!! But now we are at above 4788 loh...!!
Can U forecast & project what will palmoil company potential super profit at rm 4500 cpo leh ?
For failing to understand it is set in stone that only 10% of savvy investors can make money from the most dangerous stock market while the other 90% will fail year after year and decade after decade
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
greedy44
735 posts
Posted by greedy44 > 2021-05-08 07:24 | Report Abuse
Nice article