Sunflower oil and canola oil vanishing fast from UK and EU Supermarket shelves
Soyoil now inching up near all time high of 80 sen per lb
Palm oil will go above Rm7000 a ton
Ioi corp the 3rd biggest palm oil co with 432,000 acres of palm oil more than twice the land size of Spore at 180,000 acres will benefit the most from palm oil price
IOI plantation is short9e since Fed chairman, Powel determined to flatten the inflation by raising interest rate, hence bringing down the commodity prices!
April to June 2022 also witness Cpo at Rm6500 (record )
So Ioi corp results for Aug 2022 should be better
Ioi corp has a Palm oil Mill in Kalimantan which should benefit as April Indon ban export of Cpo caused prices of Ffb to sell at discount up to 70% to Mills
Both Tsh resources and Simeplant also got Palm oil Mills and Storage Tanks for Cpo.
The reversal of Export by Indonesia now should benefit Ioi corp, Tsh Resources and Simeplant operations in Indonesia
After 3 years pandemic already end, next year onwards surely is the years of recovery and economy start booming time ! Like previously economy downturn period of: 1)Crisis 1986-1990 start booming 1993 to 1997 2)Crisis 1997-2000 start booming 2003 to 2006 3)Crisis 2006-2010 start booming 2013 to 2016 4)Crisis 2016-2022 start booming 2023 to 2027
So, our economy and KLSE will be spike up like mad start from year 2023 which is next year and i predict our KLSE this round of bull run start 2023 will hit it’s record high of around 2,000 points !
Yesterday many analysts issued for Buy on this stock... but the youtuber i follow lately, said max can go rm4 before coming down https://youtu.be/OjOk4O72Kns anyone here buying?
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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
50,266 posts
Posted by calvintaneng > 2022-03-30 23:09 | Report Abuse
EXCELLENT!
IOI CORP WITH 350,000 ACRES OF PALM OIL NOW MATURED OUT OF TOTAL 432,000 ACRES IS TOP 3 BIGGEST IN MALAYSIA SHOULD DO VERY VERY WELL
THIS LAGGARD IS NOW A GREAT VALUE BUY!