1. 60%-100% tariff will destroy China's economy. US will (just) buy from the rest of the world. A good example is the glove, US will just buy more glove from Malaysia. (Supermax's US glove will still be too expensive).
2. Under Biden everything is in shortage. Under Trump everything will be in abundance so everything will be cheap and you start seeing people throwing food and inventory again.
Besides glove, furniture? You got to dig in and see what's in competition with China now.
Stanley being a shrewd businessman already calculated the risk/reward of building New Glove Factories in USA Or else he won't be a successful billionaire that he is today
TRUMP IN POWER; SUPERMAX IN USA IS TOP BENEFICIARY AS TAX ON CHINA GLOVES 50% To 100% & OTHERS UP TO 20%, Calvin Tan
Good morning. Your interesting article specifically mentioned cables needed by the companies that you had highlighted. Cable companies like Mtec, SCGB and OSK should benefit going by your analysis.
When Cpo was Rm4000 we called Mr Shane of Ijmplant
He said Cpo at Rm4000 all planters should be happy
Not long after Klk took Ijmplant private at Rm3.10 (from Rm1.86)
True enough in Ghana, Nigeria, Thailand and Spore all palm oil shares went into a bullrun
All were bullish
The only exception is Malaysia where Ib banks have issued hundreds of palm oil call warrants TO BET AGAINST PALM OIL
As such Ib Banks in Malaysia kept posting negative news on palm oil and gave "Neutral calls" on palm oil
The media in cahoot with Ib banks kept repeating "hundreds of times NEUTRAL CALLS on palm oil
So most people in Malaysia avoided palm oil shares and went punting inferior shares like Widad, Gtronic, microlink, Apb, Pertama Digital, Rapid Synergy, Serba Dynamite, Genetec and many others which later bankrupted many
Now since we know as a fact
30 years on year after year 95% of Market players have been losing monies in Klse
The main culprit is ib banks and media leading people astray
You should check in on some of those fields below.
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calvintaneng
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Posted by calvintaneng > 4 weeks ago | Report Abuse
Cpo at Rm3500 MT
All palm oil companies will do well
Cpo at Rm4000 Mt
Will be a bonus
Cpo above Rm4000 to Rm5000 or higher
Will see mini 🐂
To
🔥 🐂