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21 comment(s). Last comment by calvintaneng 2022-01-26 09:50

gladiator

662 posts

Posted by gladiator > 2022-01-18 16:41 | Report Abuse

BRENT CRUDE OIL NOW USD87.56?? I was lucky to not just hold palm oil shares but also diversify into steel and oil & gas counters.

Posted by ITreeinvestor > 2022-01-18 19:58 | Report Abuse

why not just direct buy oil stock like armada?

calvintaneng

53,192 posts

Posted by calvintaneng > 2022-01-18 20:05 | Report Abuse

Armada is better than Bloated Tech Bubble going to burst & implode
Also better than Banks which are fully of hidden Debt bombs (Non payment from SME lands & properties in default) swept under the carpet

But Armada itself is in danger later as World turning from Fossil fuel to Renewable Energy

A more permanent investment is still palm oil due to 2 Lasting factors

1) Palm oil is used as Food found in 50% of all supermarket products
See
https://goldenagri.com.sg/supermarket/
This is recession proof

2) Palm oil is also a clean green energy used as Biodisel

calvintaneng

53,192 posts

Posted by calvintaneng > 2022-01-18 23:10 | Report Abuse

Brent oil chart up
https://tradingeconomics.com/commodity/brent-crude-oil

calvintaneng

53,192 posts

Posted by calvintaneng > 2022-01-18 23:12 | Report Abuse

PALM OIL AT WORLD RECORD!!!

https://tradingeconomics.com/commodity/palm-oil

calvintaneng

53,192 posts

Posted by calvintaneng > 2022-01-18 23:13 | Report Abuse

Steel chart down a lot

https://tradingeconomics.com/commodity/steel

OTB

11,023 posts

Posted by OTB > 2022-01-18 23:24 | Report Abuse

According to historical records, if the Brent crude oil price is high, all metal commodity prices will be high too.
A high Brent crude oil price will benefit all steel stocks.

Metal commodity price follows the same trend as the Brent crude oil price trend.

Mr Market will tell us the truth.
Thank you.

calvintaneng

53,192 posts

Posted by calvintaneng > 2022-01-18 23:30 | Report Abuse

Canola oil at 50% Highest World Record over Usd950 above last world record of Usd600

https://tradingeconomics.com/commodity/canola

As long as Canola oil does not fall back to Usd600 Palm oil will

GO INTO SUPER BULL OF SUPER BULL!!

calvintaneng

53,192 posts

Posted by calvintaneng > 2022-01-19 06:18 | Report Abuse

Brent jumped up to Usd88.47

Nasdaq down 2.6%

Palm oil will go up more

Already warn all to sell high flying Tech stocks with high P/E and hide in the safety of low P/E palm oil

Johnzhang

2,955 posts

Posted by Johnzhang > 2022-01-19 06:53 | Report Abuse

oil and coal price spike will lead the broader commodities market higher including CPO and metals. The supply chain hiccup, tight energy supply, tight labor problem , China's decarbonising, wild weather, pandemic lockdown, lack of new downstream investment (particularly in O&G and cpo sectors), etc ,will continue to benefit the commodities in 2022.

calvintaneng

53,192 posts

Posted by calvintaneng > 2022-01-19 07:02 | Report Abuse

Commodities super trend might last up to 7 years or even longer due to the added impetus of climate change

Prepare for a long boom in commodities

For far too long the world has ignored basic agriculture

Now the years of neglect will result in high food prices in particular

calvintaneng

53,192 posts

Posted by calvintaneng > 2022-01-19 07:35 | Report Abuse

Last month palm oil got 2 engines of growth

1. Very high canola oil (Above Usd950) was Usd600 and very high soyoil (Usd59) was Usd30 propelled Up from Rm2500 to Rm5,100 per ton

2. Joe Biden election mandate. Turn fossil refinery to Biodisel refinery in USA

Now got 2 more Catalysts

3. High Brent crude at Usd88.8 spurs use of biodisel alternative

4. Indonesia might limit export of raw palm oil and go downstream manufacturing of finished products like soap, milk creamer , biodisel , bioplastic made from palm oil

Also limit export of cooking oil as prices soared

With 4 engines all firing Palm oil will go into a powerful bull run earnings and then bull run in stock prices in coming months

calvintaneng

53,192 posts

Posted by calvintaneng > 2022-01-19 07:46 | Report Abuse

As long as Canola oil does not fall back to USD 600 from Usd1,000

Cpo probably will not fall below Rm4000

And Thplant already stated their cost of Cpo production at Rm1,465 will even make money if Cpo at Rm2,500 a ton

Kmloong happy if Cpo at Rm3,000 a ton

Simedarby plant said first qtr of 2022 Cpo will maintain above Rm4200 a ton due to demand more than supply

The palm oil company bosses are sanguine while out naysayers talk down

Who do we chose to believe ?

Of course we believe the Insider bosses with long years in palm oil business and not the arm chair critics with not one day of real business experience at all

calvintaneng

53,192 posts

Posted by calvintaneng > 2022-01-19 13:12 | Report Abuse

Brent oil now at above Usd88 still very far from its high of Usd140 in year 2007/8
https://tradingeconomics.com/commodity/brent-crude-oil
Click on 25 year button to view full history

Palm oil rally has surged to World record over Rm5,100

https://tradingeconomics.com/commodity/palm-oil
Click on 25 yr button to view full chart

calvintaneng

53,192 posts

Posted by calvintaneng > 2022-01-20 08:46 | Report Abuse

Fantastic news

Soyoil has crossed Usd60 (was below Usd30)

We can look forward to Cpo breaching next world record of RmR5,500 a ton

calvintaneng

53,192 posts

Posted by calvintaneng > 2022-01-24 08:41 | Report Abuse

On Friday Fcpo 2022 closed at new record of Rm5,504 per Metric Ton for the very first time

Posted by Intrinsic99 > 2022-01-26 08:19 |

Post removed.Why?

Posted by Intrinsic99 > 2022-01-26 08:20 | Report Abuse

liar always liar, behave like good man to promote and cheat people everywhere

calvintaneng

53,192 posts

Posted by calvintaneng > 2022-01-26 08:21 | Report Abuse

I am telling the truth

Truth will prevail

Very soon will come Feb 2022

All will see for themselves palmoil companies results one by one out

Then the real liar will be found out

Posted by Intrinsic99 > 2022-01-26 08:30 | Report Abuse

If you so confidence what you invested, no need to good every forum keep on asking people sell other stocks to support what you invested.

Behave like scammer, always sweet talk how good what you invested, how profit can make what you invested.

We already knew you for the past 1 year, behave same matter to con everywhere, very soon we will hear this liar say, "oh, I already sold this palm oil stock to swift to other more profit can make"

Liar always liar, never change behaviour

calvintaneng

53,192 posts

Posted by calvintaneng > 2022-01-26 09:50 | Report Abuse

The truth is this

You have a warped mind beclouded with prejudice

Better go see a doctor

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