2019 Catalyst was Petronas giving Rm30 billions for OGSE Upstream
So OGSE Upstream players like Dayang, Carimin, Penergy & Uzma went up in bull run
Now Petronas pulled back capex so cannot chase OGSE
2020 Catalyst was Coronavirus
So Glove Stocks & Healthcare Stocks gone up in Bull run
Now too late to chase gloves as many gone into Overproduction Plus both Thailand & China Glove Companies joined the bandwagon to flood the world with too many gloves
2021: Cpo up by 100% to 200%
Palm oil companies should SEE fantastic earnings
Since most Palm oil stocks are laggards we can safely buy as downside very limited & upside potential is huge
now most companies and people still under Mco even if still factories can operate 60% yet the finished goods cannot be sold as most construction companies cannot build condos or houses
So steel demand will stagnate
As for palm oil they also operate 60% capacity
But everybody still can go supermarket buy cooking oil
Due to political instability, many MY stocks under valued...many no $$$ to buy despite knowing of good fundamentals. PN makes all getting poorer to be frank
The Board of Directors of Ta Ann Holdings Berhad ("Ta Ann" or "the Company") wishes to announce that the Company is optimistic of a turnaround ahead for Ta Ann Group’s timber segment, particularly due to the shortage of raw materials and increase in housing demands in Australia, USA as well as other consuming countries.
Moreover, as all the logs we use as raw materials for our wood-based products come from our sustainably managed MTCS-PEFC certified forest management units, our timber division is well positioned to meet the anticipated demand recovery in plywood. This, coupled with the prudent cost control measures we have put in place, are the reasons why we have been able to sustain our logs and plywood production.
In the earlier part of year, the general market consensus was that CPO prices will soften after the second half of 2021. However, the opposite proves to be true and the CPO prices surged up to RM4,600/mt from RM3,800/mt in June 2021 before moving uptrend in the beginning of July 2021. We expect present price level to be sustained well into 2022.
Moving forward, we foresee the same will enable us to further sustain our production level and drive the earnings momentum of our Group.
WHY you sold all this palm oil stock since this iddiot spammer so confidence about the palm oil sector earlier and keep on promoting to all members everywhere.
You see what I told the marker is correct, this iddiot spammer wanted to cash out so keep on promoting to all members then can cash out easily.
I so pity members here listen to this iddiot end up you can burn you hard earned money and this iddiot laughing at you later.
Posted by calvintaneng > Nov 12, 2021 5:15 PM | Report Abuse
So far so good
All directors are holding firmly all oil palm shares
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 3089 views | 2 d ago
0:17
New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
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....
calvintaneng
56,026 posts
Posted by calvintaneng > 2021-08-08 19:50 | Report Abuse
Edible Oil to the Moon
https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/2021-08-08-story-h1569650178-Edible_Oil_to_the_Moon.jsp