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
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.
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.
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
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
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"
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....
gladiator
596 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.