Memang benar 2008....Fcpo drop from Rm 4000 to Rm 1500 a drop of 62.5% loh! That time min gaji in 2008 is only Rm 500 mah! Now gaji Rm 1500 mah! To drop back by 62.5% gaji will need to drop back to Rm 563 mah!
Impossible loh...gaji will never drop back even to Rm 1200 loh!
Now coming back palmoil....if gaji cannot even drop back even to Rm 1200 in the next 5 yrs do u think palm oil can drop from Rm 7,400 to Rm 2761 meh ??
Impossible mah....even it drop back to Rm 4,000 it is quite difficult loh!
Thus must have logic by taking inflation into account mah!
Your father time 5 sen....can buy chicken rice....today u need rm 7.50....can chicken rice drop back to 5 sen per plate leh ?? Impossible mah!
Inflation and hyperinflation will be coming due to the synchronized money printing by USA, Japan, EU and almost all other nations debasing paper currencies
We can expecting POWERFUL Palm Oil Super-Bull 2022-2023 with unprecedented historical high CPO in our life-time 6,000-7,000-8,000 tone 2022 & 2023 [no more cheap CPO for many years to come]. Retail investors buy palm oil stocks maximize possible to hedge severe global inflation+global food crisis+weaker currency RM. Deposit money FD in banks only get very low interest & depreciate value...Investing in palm oil stocks can enjoy at least 100% and more return, plus 5%-10% dividends. Furthermore, most palm oil stocks are severe UNDERVALUE....Buy & Hold Palm Oil Stocks sure win big 2022-2023!!!
https://edition.cnn.com/2022/05/02/business/gcc-food-security-mime-intl/index.html ------------------------------------------------------- *A strategy that gained popularity and unwelcome attention after 2008 was the purchase of cheap farmland abroad. Saudi Arabia was among the leading Gulf states investing in overseas agriculture in countries like Sudan, Kenya and Ethiopia after reducing wheat production by about 12.5% annually in 2008 to save the kingdom's scarce water supplies. The practice has been criticized by activists for allegedly denying impoverished farmers access to farmland and resources* ---------------------------------------------------- If local funds dislike plantations stocks foreign funds maybe very happy to buy and indirectly own some local farmlands.
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
56,871 posts
Posted by calvintaneng > 2022-04-30 23:47 |
Post removed.Why?