soon the Russia/Ukraine war will be over as Russia cannot keep on spending huge amount of money for the war to prolong. Ukraine will be split into two countries either east ukraine and west ukraine or North/South Ukraine. Superbull run of plantation counters will end in 2 weeks
with ongoing war in Ukraine there are two implications
1. War has damaged sunflower seed crushing factory and it's ports are blocked so sunflower oil export is very limited
plus now is Spring time planting season and the difficulty of securing needed fertilizer plus many farmers are refugees in Poland planting might be very limited and concentrated in food crop for survival and less on cash crop like sunflower
That means year end harvest of sunflower will be reduced(if any) and next year will see shortfall of Sunflower oil as such the palm oil bull run can stretch into mid or end 2023
many small and mid cap plantations counters are trading at well BELOW 10X PE of 2021's earning, eg SOP (7.2x) , Taann (8.6x) , MHC (6.2 x), Cepat (6.9x) , Swkplant (6.4x) etc. In the likely event of CPO averaging $6,000 pmt for FY2022, the forward PE of the many small and mid cap plantation may just be 4 - 7 X only ! Huge room for plantation share price to surge.
Actually in good time or bad time , always buy good profitable quality companies which is managed by people with integrity, no matter whether small & big cap for sustainable long term outperformance loh!
Do not be swayed from this important objective no matter whatever circumstances loh!
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....
Posted by calvintaneng > 2022-03-28 21:32 | Report Abuse
su liaw liaw
translated it means