time to avoid plantation including TSH. Technically, TSH is downtrend in bigger picture. May form sideway for at least 1 year or 2. If got extra money and not urgent, can park here to wait. Good suggestion from calvin.
end show for plantation. dropped from peak. Now just sit back and watch either flat sideway or more drop. Future has been anticipated clearly. All commodities drop
Commentary on the prospects CPO price has fallen sharply since May 2022 following Indonesia’s decision to remove the ban on palm oil export and market concern over rising palm oil stockpiles. However, it appears to have stabilise in recent times and is currently hovering at around RM4,000+ per MT. It is anticipated that the CPO price will remain supported at current levels on the back of supply concerns arising from the prolonged Russia-Ukraine conflict and softer production outlook for soybean due to the return of La Nina in late 2022 and early 2023. Barring any unforeseen circumstances, the Group is optimistic of achieving satisfactory performance for year 2022. The Board also remains optimistic on the long term prospect of the palm oil industry. Restrained hectarage growth in oil palm planting over the last few years due to RSPO regulations and Indonesian Government’s moratorium on deforestation will have an impact over the global palm oil supply. Global population and per capita income growth as well as the many health qualities of palm oil are expected to drive greater demand for palm products. This augurs well for the Group as palm products segment will remain the core contributor to the Group profit.
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
53,314 posts
Posted by calvintaneng > 2022-08-20 16:43 | Report Abuse
TSH RESOURCES (9059) KEEP THESE FIGURES IN MIND IF YOU OWN TSH SHARES (PRINT IT OUT PUT IT ON THE WALL TO REMIND YOURSELVES), Calvin Tan
https://sgx.i3investor.com/blogs/Jbhouseforsale/2022-07-24-story-h49564213-TSH_RESOURCES_9059_KEEP_THESE_FIGURES_IN_MIND_IF_YOU_OWN_TSH_SHARES_PRINT.jsp