John thanks for your input, but I think shouldn't bother with this guy too much, many different type of players in the market, investor should behave like investor, speculator behave like speculator... just wish everyone well
This is a good blog..since it was written my klk n utdplnt up alot... Maybe dickyme should analyse charts more. Lol.. Maybe then my palm oil share will limit up
Indonesia has reported the highest ever Inventory of 7.23 million tons as at 31 May 22 . Gimmick games played by Indonesia government to goreng CPO prices few months ago?
"NEW DELHI/MUMBAI (Reuters) - India is considering raising import taxes on edible oils as the country seeks to become self-reliant by boosting local oilseed production with the help of tax revenues, two government and two industry officials told Reuters.
The tax hike could curb the world's biggest vegetable oils importer's purchases and weigh on Malaysian palm oil (FCPOc3), along with soy and sunflower oil prices, while propping up local prices of oilseeds such as rapeseed, soybean and ground nut. ...... India spends around $10 billion every year on edible oil imports as the country's reliance on overseas purchases have jumped to 70% from 44% in 2001/02.
The latest move is a part of Prime Minister Narendra Modi's push toward reducing India's dependence on imports and raising cash to support local production."
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 3109 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....
stockraider
31,556 posts
Posted by stockraider > 2022-04-12 11:33 | Report Abuse
Charts are for the tukang tilik fortune teller mah!
In business we talk about fundamental, business opportunity & business prospect mah!