Posted by calvintaneng > 2021-10-09 21:48 | Report Abuse

Very wrong lah

You don't send people to holland calling for buy on logistic when oil prices are surging up

Crude oil might spike up to USD100 this Cold Winter according to Bank of America

See
https://sg.news.yahoo.com/cold-winter-could-send-oil-000000510.html

Logistic company will then face night mare of very high fuel cost

Posted by gohkimhock > 2021-10-09 22:41 | Report Abuse

Agree with Calvin. When oil prices continuing to spike up, the first to die will be airlines. Transportation and logictic companies definitely going to be affected too. Can't escape unless change to using pipe water.

Posted by ooi8888 > 2021-10-09 22:51 |

Post removed.Why?

Posted by Up_again > 2021-10-09 23:46 | Report Abuse

Largest profit ever for shipping companies

https://www.bloomberg.com/news/articles/2021-09-21/maersk-is-now-heading-for-biggest-profit-in-danish-history

Posted by CynicalCyan > 2021-10-10 02:53 | Report Abuse

Holland King saying I send people to Holland is the funniest joke I encountered on klse.i3investor.com

You truly are the jester of this website.

Posted by Juliana > 2021-10-10 08:16 | Report Abuse

Agree with Calvin. This time Calvin thinking is very logical. Higher oil prices will soon haunt all logistics companies.

Posted by BenPg > 2021-10-10 18:25 | Report Abuse

Then sell logistic and buy oil stocks. Is Destini still a good buy???

Posted by alextan5680 > 2021-10-10 18:25 | Report Abuse

Thanks Calvin,agree with you

Posted by mahmudkashimj > 2021-10-10 19:26 | Report Abuse

better buy oil palm.

Posted by skyz > 2021-10-11 09:32 | Report Abuse

based on LOGIC yes profitability will be much eroded but based on SENTIMENT transportation theme will be the next hoo-haa

Posted by ahbah > 2021-10-11 13:06 | Report Abuse

Mr. Market's New Flavour of the Month - ALL stocks lah, not just logistic stocks.
Bcos the mkt is in bull run mode now.

Just close eyes n sapu any stocks U like !

Posted by gohkimhock > 2021-10-11 14:40 | Report Abuse

if the business can pickup well together with a little price hike, then can overcome the fuel costs..

Posted by ahbah > 2021-10-11 15:39 | Report Abuse

Mkt in bull run mode now !

Get in fast now to get esi moni.

The faster the more moni$$$ u get !