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8 comment(s). Last comment by calvintaneng 2021-12-01 10:35

ybk173

8 posts

Posted by ybk173 > 2021-11-30 20:55 | Report Abuse

experience told me not to be too excited over fantastic result....it may not translate to higher share price...very often the share drop after announcement of good result due to the notorious sell on news syndrome or that market already price in the good result...in other words market already expect it

drken91

339 posts

Posted by drken91 > 2021-11-30 20:57 | Report Abuse

agreed..
sifu calvin celebrated after TSH's recent beautiful QR, then where did the share plunge to?
all that euphoria, full of fury, signifying nothing.

Posted by value_seeker > 2021-11-30 20:59 | Report Abuse

A very strong with great performance sector. The analysts are ignorant of CPO drive. They are not good in giving good advice. Failure in predicting the upside of glove shows investment bank insensitive of market sentiments.

ybk173

8 posts

Posted by ybk173 > 2021-11-30 21:01 | Report Abuse

nevertheless the jump in net profit to 401 mil from 112 mil same quarter last year is really impressive...a whopping 3.5X !

calvintaneng

53,355 posts

Posted by calvintaneng > 2021-11-30 21:22 | Report Abuse

Over a short term the share market is a voting machine but over a longer term the stock market turns into a weighing machine

It does not matter if people buy up or sell down

We are happy to see Fgv and by proxy all other palm oil companies continue to show great earning season when so many others even reported losses

PlantBull

112 posts

Posted by PlantBull > 2021-11-30 22:06 | Report Abuse

Fantastic result by fgv. If not translate to increase in Share price, means it's on discount. Bargain sale! As an fgv holder myself, I'm delighted to see my company doing well!spot on analysis by sifu Calvin

ChloeTai

1,082 posts

Posted by ChloeTai > 2021-12-01 00:06 | Report Abuse

Dear Mr Calvin Tan, I am a newbie. Can you guide me step by step how to see palm oil futures. Thank you.

calvintaneng

53,355 posts

Posted by calvintaneng > 2021-12-01 10:35 | Report Abuse

ChloeTai

you can track fcpo prices at bursa webpage

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