it is wrong to say malaysian investors are not bullish on plantation stocks, but many prefered to buy lower priced companies ,like fgv, jtiasa,sime plant , boustead plant etc, even TDM. for example among these people is kyy. But alas, kyy listed those low priceD stocks ,But we see these to be mismanaged ,and give low monthly FFB ,cpo production. Still may be , If lower risk ,while luckier and can be more profitable.
Bro calvin, u are indeed passionate in research palm oil industry & writing good info on palm oil, better than those lousy IB analysts & media. You are 'Guru of Palm Oil'. Keep it up the good work! I agreed with u that Palm Oil Super-Bull-Run 2022-2023 [CPO 6,000-8,000 or more]. I believe this round Palm Oil Super-Bull-Run will create many millionaires...[For those retailers whom can foresee & expecting palm oil stocks rise 100%-500% or even more}
Just bought 5kg cooking oil at RM29 last week. I was reading somewhere gov was controlling the cooking oil price until March and will give new price later. I am pretty sure gov was subsidising the cooking oil price.
Correction: 1 Kg polybag of Palm oil subsidies priced at RM2.50, not 1 litre. Usually control per purchase of only 3 bags. During last CNY, very difficult to find even 1 bag..no plan to stop this subsidies as reported.
"The increase in oil prices also boosted palm oil prices, but the government is still providing subsidised one-kilogramme packs of palm oil at the retail price of RM2.50 per pack, although according to the current market price, it is worth closer to RM10,” Johan said ----------------------------- this is fake or outdated news . Local market is sell cooking oil at 30 ringgit per 5 kilo pack. so call 10 rm per 5 kilo pack was ancient history.
Below should be latest info: On July 27, the government set the maximum retail price for pure palm cooking oil in bottled packaging effective August 1, with a guarantee that consumers will get cooking oil below RM30 for a five kilogramme (kg) bottle.
The maximum price of a 5kg pure cooking palm oil is RM29.70; 1kg bottle (RM6.70); 2kg bottle (RM12.70); and 3kg bottle (RM18.70)
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 3202 views | 3 d ago
0:17
New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
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....
calvintaneng
56,026 posts
Posted by calvintaneng > 2022-03-26 13:39 |
Post removed.Why?