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19 comment(s). Last comment by calvintaneng 2022-06-08 22:36

calvintaneng

52,802 posts

Posted by calvintaneng > 2022-06-07 12:22 | Report Abuse

This post full of important facts

Posted by StartOfTheBull > 2022-06-07 13:52 | Report Abuse

Gloves bull run ended due to supplies exceeded demands. Although palm oil share price retreated but palm oil demands will continue to exceed supplies in years to come.

calvintaneng

52,802 posts

Posted by calvintaneng > 2022-06-07 14:11 | Report Abuse

Exactly

there are so called gurus out there telling people palm oil bull will end up like glove which is very very wrong and lead people to Holland

calvintaneng

52,802 posts

Posted by calvintaneng > 2022-06-07 14:11 | Report Abuse

Exactly

there are so called gurus out there telling people palm oil bull will end up like glove which is very very wrong and lead people to Holland

calvintaneng

52,802 posts

Posted by calvintaneng > 2022-06-07 14:14 | Report Abuse

why are they so wrong?

they never do diligent study on supply and demand

they only see short term price movements and tell people to sell without understanding long term fundamental

The best years of strong earnings for palm oil will outlast gloves for years

enning22

2,858 posts

Posted by enning22 > 2022-06-07 15:08 | Report Abuse

palm oil will partly follow the price of fossil crude oil ,the reason is Indonesia would use B30 biodiesel for transport energy. that amount to 9 millions ton of palm oil annually. crude oil currently projected to go 140-160 usd per barrel.

calvintaneng

52,802 posts

Posted by calvintaneng > 2022-06-07 19:23 | Report Abuse

Correct
Indonesia as well as EU, USA and Brazil all also using palm oil sunflower oil, canola oil and soyoil as biofuel

If crude oil high then more will be converted to fuel from food

Posted by StartOfTheBull > 2022-06-07 21:06 | Report Abuse

And food crisis continues. Richer countries pay higher price for foods, poorer countries struggling to obtain foods and some would be on the brink of famine.

Pinky

3,153 posts

Posted by Pinky > 2022-06-07 21:56 | Report Abuse

Remember, almost all analysts got CPO price forecast wrong. They only upgraded their calls when their previous hold/sell calls can no longer hold. It's obvious that they got vested interests. Just buy and hold, like Pinky.

Pinky

3,153 posts

Posted by Pinky > 2022-06-07 21:59 | Report Abuse

But of course have to be selective. Look for those with proven track record, and pays dividends! Those that hoard cash, DUMP!!!

calvintaneng

52,802 posts

Posted by calvintaneng > 2022-06-07 22:16 | Report Abuse

Pinky correct

Taann very generous pay lots of dividends

calvintaneng

52,802 posts

Posted by calvintaneng > 2022-06-07 22:17 | Report Abuse

Hs plant pays dividends twice a year

By Aug 2022 should see another high dividend from hs plant

calvintaneng

52,802 posts

Posted by calvintaneng > 2022-06-07 22:18 | Report Abuse

Also tomorrow Bplant will be paying another 7.3 sen dividend

calvintaneng

52,802 posts

Posted by calvintaneng > 2022-06-07 22:19 | Report Abuse

Ask Thplant in Agm this 23rd June to resume dividend payout

sensonic

690 posts

Posted by sensonic > 2022-06-07 23:37 |

Post removed.Why?

calvintaneng

52,802 posts

Posted by calvintaneng > 2022-06-08 08:26 | Report Abuse

happy morning

sensonic
you better Join the palm oil upcoming Super bull run time

then you will change name from sensonic to SUPERSONIC

calvintaneng

52,802 posts

Posted by calvintaneng > 2022-06-08 22:30 | Report Abuse

canola oil last record was usd600

now at usd1110 is new world record

palm oil will be high and earn record profits as well

calvintaneng

52,802 posts

Posted by calvintaneng > 2022-06-08 22:36 | Report Abuse

soyoil at above usd 80 sen a lb also new record

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