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4 comment(s). Last comment by stockraider 2023-10-23 09:59
Posted by calvintaneng > 2021-10-26 11:37 | Report Abuse
Fcpo for Nov 2021 now crossed Rm5, 300
We are in once a century super charged earnings for palm oil companies like never before
Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$â¬Â£Â¥ > 2023-10-23 07:55 | Report Abuse
Calvintaneng quotes Peter Lynch but his performance is anything but ....
He is so tunneled vision now and at times, hypomania on many stocks.
Track record is the best assessment of his behaviour. Recommending a loss making company at 2 sen and promoting that it will rise to 40 sen is typical of a reckless speculator.
Learn of him but be careful not to follow without doing your own studies.
Posted by stockraider > 2023-10-23 09:59 | Report Abuse
If u look at 3iii pet share Dlady it is a total disappointment....use to be Rm 72 few yrs back.....now only rm 22.60 veli veli big losses mah!
No result.
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calvintaneng
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Posted by calvintaneng > 2021-10-24 06:43 | Report Abuse
Diversify into these 3 groups
!) Palm Oil Mid Cap
SOP (Sarawak Oil Palm)
TSH RESOURCES
TAANN
2) Palm oil Small Cap
Thplant
Jtiasa
Bplant
3) Palm oil Assets Play
FGV
WTK
TDM
Hold till June 2022
Reasons for holding
1) Nov 2021 (just next month) all Palm oil companies will be reporting excellent results as last 3 months Cpo prices averaged Rm4,417 per ton (Cost only Rm1,400 to Rm1,600). So profits are all above 100% real solid earnings
Can expect dividends/special dividends or even free bonus issues
2) Feb 2022 results will report Cpo for October, November & December 2021
Now at new world record prices over Rm5,000 (results expected to be simply fantastic)
3) May 2022 Results (Momentum build up by increasing from from New Biodisel Refinery) Prices of Soybean oil elevated will sustain Cpo prices
Can expect Multi Year Bull Run Time for Palm Oil Stocks