Posted by calvintaneng > 2022-06-21 00:01 |

Post removed.Why?

Posted by calvintaneng > 2022-06-21 00:05 |

Post removed.Why?

Posted by gohkimhock > 2022-06-21 06:47 | Report Abuse

Calvin you should trade the commodity market instead of the equities. At least one less thing for you to worry about - expenses. There is also no need to study financial statements and you can predict the next quarter easily..

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

Good morning Mr Goh

Trading is not my cup of tea

Investing yes. Behind every stock is a company selling real goods or providing services which benefit mankind.

Now I see high cooking oil prices and I know the ultimate beneficiary will be palm oil company that produced it. With high inflation it is better to invest in palm oil company to ride on the real commodity boom of palm oil for years to come

The rise of Crude oil in the 70s was a new normal then .

And going forward with war, climate change and limited lands plus world population growth the new normal for palm oil will be very high prices for years to come

So we stay invested

Posted by gladiator > 2022-06-21 12:42 | Report Abuse

Still no new hidden gem shares to promote?

Posted by calvintaneng > 2022-06-21 15:53 | Report Abuse

gladiator

now outside is a financial storm brewing due to Fed raising interest rate to cool inflation

Tech will be hit

gloves game over due to China fierce price war

construction sees high material and wages cost

businesses will see tough times as recession bites

only safety for now is palm oil

why?

because War in Ukraine push up sunflower oil, drought and floods destroyed crops

so there will be stagflation

recession but high food prices

so we hide in the safety of palm oil till all calamity be over

now Go buy back your SOP

register and Vote for one free Sop bonus for two

Posted by calvintaneng > 2022-06-22 08:44 | Report Abuse

Cooking oil prices will rise by 1st of July

Palm oil co main beneficiary

Same cannot be said about gloves as China now undercutting prices so gloves ASP will be down

Posted by Goodprofit > 2022-06-22 10:43 | Report Abuse

Palm oil is not a beneficiary less usage if prices increase

Posted by calvintaneng > 2022-06-22 11:51 | Report Abuse

how to use less palm oil?

everyday we eat food
and cooking oil is used

roti canai full of palm oil and milk creamer in teh tarik not milk but palm oil

Posted by calvintaneng > 2022-06-22 13:08 | Report Abuse

Correct

if we Benchmark palm oil to both canola or soyoil palm oil value should be above Rm5800

so if they don't fall lower then palm oil should remain firm or rebound up

Posted by i3gambler > 2022-06-22 13:08 | Report Abuse

At this moment,
US Soybean Oil =72 cents / lb
USD / MYR = 4.40

In RM / mT = 0.72 * 2204 * 4.40 = 6982 RM / mT.

However historically palm oil was 15% discount to Soybean Oil,
Therefore Fair CPO price = 0.85 * 6982 = RM5935,

The current CPO down trend is due to Indonesia.

Posted by VTrade > 2022-06-22 13:11 | Report Abuse

Can take alook on calculation

Posted by calvintaneng > 2022-06-22 13:22 | Report Abuse

Correct

once Indon small surplus stocks of cpo taken up Cpo prices will be clearer

As of now Pakistan is running out of cooking oil

Posted by calvintaneng > 2022-06-22 13:24 | Report Abuse

On this planet is 8 billion people needing food daily plus population growth of 80 million (1% a year) long term uptrend demand for food and cooking oil will always go up

Posted by SEE_Research > 2022-12-27 11:55 |

Post removed.Why?

Posted by SEE_Research > 2022-12-27 11:55 |

Post removed.Why?