Blog: The Story Of Peter Lim. From Waiter To Billionaire Thanks To Palm Oil. By Nico Nobili

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3 comment(s). Last comment by stockraider 2022-05-30 09:01

calvintaneng

56,638 posts

Posted by calvintaneng > 2022-04-18 01:00 | Report Abuse

The morale of the story

Traders, short term punters and those go buy and sell early for fast gains CANNOT BE BILLIONAIRES OR EVEN MILLIONAIRES

ONLY THOSE WHO BUY AND HOLD LONGER TERM WILL SUCCEED TREMENDOUSLY OVER TIME

THERE IS NO SHORT CUT

TO WIN BIG YOU MUST BUY AND HOLD

calvintaneng

56,638 posts

Posted by calvintaneng > 2022-05-29 23:35 |

Post removed.Why?

stockraider

31,556 posts

Posted by stockraider > 2022-05-30 09:01 | Report Abuse

Bplant is one of the best plantation stock selection for investment mah!

Actually mkt is bearish & mkt is also skeptical of the commodity bulll run of;

1.CPO
2. Steel
3. Crude Oil
4. Crack spread
5. Aluminum, Tin and Copper

Thus mkt is taking a cautious approach to its sustainability mah!

If say CPO continue to perform at above Rm 5000 going fwd and the management has good corp governance & pays good div to reward shareholders, I m sure the Plantation share price will continue to go up mah!

Even if the CPO price come down to Rm 4000, I m sure the impact on plantation share price is minimal as currently it is not overvalue mah!

Currently with all food inflation in the world plus limited land available for future cultivation due to the environment concern, plantation valuation & its land will be valuable loh!

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