Posted by calvintaneng > 2022-04-27 05:57 | Report Abuse

Nasdaq plummeted by 3.95% yesterday

Tech in Klse if don't sell now sure die standing KAW KAW

all holding tech stocks will kena wiped out clean and game over

GET OUT OF TECH AND INTO THE GREAT SAFETY OF PALM OIL NOW! NOW!! NOW!!!

Posted by Johnzhang > 2022-04-27 07:10 | Report Abuse

DJ and Nasdaq collapse , but FCPO overnight UP. FCPO May $7,100, Jun $6,848, Jul $6,477.
CPO will stay high at least until 2023 attributed to the following development :
1. No export of sunflower oil, wheat, barley etc from Ukraine as the war raging on and the Apr/May 2022 planting season will be missed.
2. Next planting season is Apr/may 2023 for harvest in July/Aug 2023. Uncertainty around.
3. Russia is bombing the railway connecting to Europe as it is used to deliver western weapon. No inland logistic capability to enable export .
4. Russia will permanently occupy southern ukraine and black sea . Ukraine has no acesss to shipping route.
5. Limited capability to boost production elsewhere due to shortage of fertilizers, wild weather swing etc.

Posted by calvintaneng > 2022-04-27 08:39 | Report Abuse

And these are the reasons why Nasdaq and by proxy Dow Jones will crash

In March 2020 when USA down collapsed FED start printing Trillions of USD to flood the Market

many received free QE monies pumped them into frothy Tech stocks

As a result Cathy Wood Arkinvest shot up by 500% Outsized bloated performance

Fed also reduced interest to almost zero and Tech borrowed like free money to expand for future earnings only

the market went Gaga on "future" earnings as Tech P/E of 50/60 and some no P/E at all

All these went on merrily merrily until now

what happened?

Posted by calvintaneng > 2022-04-27 08:45 | Report Abuse

Then with free (fiat) money sloshing around chasing fewer real goods with printed paper currency things started to go up in prices

The last straw is the rise of soft commodities by drought , flood and war in Ukraine

plus USA banning Palm oil from 2 of Malaysia's biggest palm oil exporters

Palm oil is the cheapest oil whose products are used in 50% of Supermarket items

As USA banned palm oil it's consumers have to buy the goods made from more expensive soyoil or canola oil

As a result Inflation spiked to 15% or 20% (don't believe the BIG LIE THAT US INFLATION IS ONLY 7.9%

Posted by calvintaneng > 2022-04-27 08:48 | Report Abuse

Sri Lanka swallowed the Esg lie against palm oil and decided to ban palm oil import plus telling all to uproot and destroy all oil palms

It has horrible unintended consequences of very high inflation of 18% in Sri Lanka

People in Sri Lanka sunk into poverty overnight and started protest and rioting

Posted by calvintaneng > 2022-04-27 09:02 | Report Abuse

Same high inflation is now in USA and Fed must stop free money to put out inflation fire

thus Nasdaq must collapse

Posted by steveccwong > 2022-04-27 10:01 | Report Abuse

Dow Jones, Nasdaq & world markets can slide down, but food such as cooking oils esp' palm oil is essential item in all households, families, industries (food or non-food such as cosmetics, bio-fuel, etc).

World demands for these oils are evergreen and Malaysia is fortunate to have this oil palm which we produce about 18.0M to 19.0M tons per year with a population of 33M to 35M.

What does this mean?

It means, we have enough for own consumption and enough for exports and thus not having oil palm disposal issue.

Keep oil palm listed co. shares (good ones) for your retirement plans.

Posted by StartOfTheBull > 2022-04-27 10:03 | Report Abuse

Sri Lanka should have planted some oil palm instead of tea only but it is too late now.
Now some charity organizations are sending aids to them instead of cursing them for favouring the ESG lie.

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 2022-04-27 10:31 | Report Abuse

Sri Lanka
Majority Sinhalese Buddhist
Significant minority Tamil Hindu
Government has mismanaged the economy over many years.
Political uncertainties, pandemic and its consequences (tourist trades, etc) and the recent Ukraine crisis and its consequences (high fuel prices, high food prices, high inflation, etc) added together create the perfect economic storm and crisis.

The government will probably collapsed to be replaced by another, but the ecconomic rebuilding is going to be difficult and prolong. As usual, the population of Sri Lanka will suffer.

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 2022-04-27 10:35 | Report Abuse

Don't go overboard on plantation stocks.

Those who own oil palm plantations will know how wonderful the present high incomes are. Sure, some big plantations face labour shortages and the owners looked at the ripen fruits unharvested in many acres of their estates.

Unless the present price can be sustained forever, factor into your valuation a few years of good harvests and incomes, and discount these appropriately to arrive at a fair value for the business of the plantation stocks.

Posted by Joe Ng > 2022-04-27 12:12 | Report Abuse

if tech crash everything eventually follows, including palm oil

Posted by calvintaneng > 2022-04-27 12:35 | Report Abuse

no

not if you know history

Palm oil went up during 97/98 asian Financial Crisis

Peter Lim Remisier King sold all his shares just before crisis and became Billionaire

Posted by calvintaneng > 2022-04-27 12:37 | Report Abuse

Robert Kuok and Peter Lim became Billionaires inspite of crisis by buying palm oil

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 2022-04-27 16:06 | Report Abuse

Robert Kuok speculated on sugar futures in his early years and was lucky. With the big wealth from this lucky break, he has built his financial empire.

Peter Lim was involved in the restructuring and listing of Wilmar. He invested big amount into this company (including its derivatives) and he was lucky again, becoming very rich. With his huge fortune, he continues to multiply his wealth over the years.

When preparation meets opportunity, the lucky person is the one who is well prepared to pounced on the opportunity.

Posted by OrlandoOilSemiconIoT > 2022-04-28 18:18 | Report Abuse

After the short lived rubber gloves bull run

Investors are very sceptical of windfall profits that will last only for a short few months

Posted by bang_miskin > 2022-04-28 18:44 | Report Abuse

I would like to offer a slightly different view.
First the plantation bull run started two months ago. Prices of many counters already doubled. Will it continue to double? Who knows.
At the same time, Nasdaq has undergone several rounds of price correction. In hindsight should have sold some when it was high in Dec 2021. But at current prices (below 2021 prices) more of a bargain than plantation stocks. Just my opinion.
It is fun to be part of the bull cycle. The glove bull run of 2020 was hard and fast. The tech bull run of 2021 was steadier, but has undergone major correction. How long will the plantation run bull last this time? Another 3 months, 6 months? Who knows.
To newbies, do your own research first. Who are you doing to blame when you kena burn? Ghostbusters? While there are several routes to prosperity, there are far more that can lead you to Holland. Want to visit Amsterdam? I got some tickets :)

Posted by stockraider > 2022-04-28 20:58 | Report Abuse

Correctloh!!!

Most of the time raider is lucky....bcos very well prepared loh!

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 1 day ago | Report Abuse

Robert Kuok speculated on sugar futures in his early years and was lucky. With the big wealth from this lucky break, he has built his financial empire.

Peter Lim was involved in the restructuring and listing of Wilmar. He invested big amount into this company (including its derivatives) and he was lucky again, becoming very rich. With his huge fortune, he continues to multiply his wealth over the years.

When preparation meets opportunity, the lucky person is the one who is well prepared to pounced on the opportunity.

Posted by calvintaneng > 2022-04-28 21:14 | Report Abuse

Very good

Calvin happy to see Sifu Stockraider quoting 3iii of Investlah posting

Now please make up as friends and let bye gone be bye gone and start anew in this Once A CENTURY Palm oil Superbull

Posted by calvintaneng > 2022-04-30 09:17 | Report Abuse

Yesterday Amazon another
Faang stocks suffered a 14% drop

This foretells the collapse of all Tech stocks all over the world soon

Amazon is the most successful new technology stock to drop and that signals bad times yet ahead

Go sell all Tech faster and run into the safety of Palm oil like Bplant, Tsh resources and hs plant

Posted by calvintaneng > 2022-05-19 01:06 | Report Abuse

again today Tech is being slaughtered

hide in safety of palm oil now

Posted by stockraider > 2022-05-19 08:39 | Report Abuse

Correctloh Palmoil plantation is the best way to hide mah!

U r effectively involve with food production mah!