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18 comment(s). Last comment by calvintaneng 2 months ago

calvintaneng

45,218 posts

Posted by calvintaneng > 2022-01-25 01:07 | Report Abuse

It was during these dark and bleak times that Oil Palms gave him solace. And to his surprice CPO prices shot up! And lifted him from his gloom and compensate his losses in his Used Car Business.

king36

991 posts

Posted by king36 > 2022-01-25 05:05 | Report Abuse

Thanks Calvin, I had read this story many years back when I started to have interest in Stocks.
A good reminder for me(us) to be careful in our investment.
Very kind of you to post this article again and Good Luck to you in your investment too.

calvintaneng

45,218 posts

Posted by calvintaneng > 2022-01-25 07:27 | Report Abuse

King36

Very happy to know this article has helped you .
It makes my day indeed

Tyvm

Now I know my work has not been in vain

Posted by Intrinsic99 > 2022-01-26 08:12 | Report Abuse

liar always liar, cheating people to sit your sink tank

Posted by Intrinsic99 > 2022-01-26 08:12 |

Post removed.Why?

Posted by Intrinsic99 > 2022-01-26 08:17 | Report Abuse

liar always liar, behave like good man to cheat people every where

calvintaneng

45,218 posts

Posted by calvintaneng > 2022-01-26 08:19 | Report Abuse

No

Definitely telling the truth
Nothing but the truth

And the truth will prevail

Just watch and see how palmoil companies reporting great results soon

king36

991 posts

Posted by king36 > 2022-01-26 08:33 | Report Abuse

Any advice, take it with a pinch of salt.
After that crisis, the Hong Kong last Governor was in Bangkok and met a "Tycoon" selling at a road side stall. He told the Governor he was bankrupt and had to start all over again.
A painful lesson but its the reality in life.
That was why your story etched deep in me too.
You have made a lot of contribution in I3. Ignore the noises. Just let them take it or leave it.
Thanks again.


Posted by calvintaneng > Jan 25, 2022 7:27 AM | Report Abuse

King36

Very happy to know this article has helped you .
It makes my day indeed

Tyvm

Now I know my work has not been in vain

Johnzhang

2,081 posts

Posted by Johnzhang > 2022-01-26 09:06 | Report Abuse

CPO price at historic high of over $5,000 pmt and robustly high earnings of plantation companies are certainly not fake ! The numbers are all there .

CCWONG

290 posts

Posted by CCWONG > 2022-01-26 09:34 | Report Abuse

Oil palm industry is real economy industry and oil palm listco are Value stocks, and the real earning numbers against high FCPO price show.

calvintaneng

45,218 posts

Posted by calvintaneng > 2022-02-11 09:18 | Report Abuse

Nasdaq Fang crashed

Netflix crashed
Facebook crashed

Fed raising interest rate will puncture the bloated Tech valuation

Tech crash will pull down common stocks

Only safest class of stock is palm oil

Stay safest in palm oil shares now

Junichiro

2,016 posts

Posted by Junichiro > 2022-02-11 09:56 | Report Abuse

Palm oil survived during the Asian crisis due to China purchasing palm oil from us. This was revealed by a former Trade n Industry Minister in a speech during the Perak Timber Trade Association Dinner in 1999. I was at that dinner.

Johnzhang

2,081 posts

Posted by Johnzhang > 2022-02-11 10:16 | Report Abuse

No doubt China is a big buyer , but they needed the edible oil anyway. Most ministers utter nonsense all the time.

meistsk3134

2,347 posts

Posted by meistsk3134 > 2 months ago | Report Abuse

which country farm soybean? as i know not much country farming it

meistsk3134

2,347 posts

Posted by meistsk3134 > 2 months ago | Report Abuse

palm oil heat are better than soybean. i see peanut oil and vege oil also less now

calvintaneng

45,218 posts

Posted by calvintaneng > 2 months ago | Report Abuse

USA, Brazil and Argentina are top producer of soybean

Right now both Brazil and Argentina are suffering from Floods in the north and drought in the south

With less soybean to produce soyoil prices will remain elevated and by proxy palm oil prices will stay very high

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