Posted by Kate88 > 2019-10-23 09:19 |

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Posted by ahfad > 2019-10-23 09:49 |

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Posted by FortuneBlooming > 2019-10-23 11:40 | Report Abuse

Malaysian palm oil price bounces back to hit over 8-month high

https://www.thestar.com.my/business/business-news/2019/10/23/malaysian-palm-oil-price-bounces-back-to-hit-over-8-month-high-on-weak-ringitt

Posted by bluechip > 2019-10-23 11:49 |

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Posted by PrinceofIpoh > 2019-10-23 12:14 | Report Abuse

Never finish. Someone let go his shares, the others like me will pounce & grab it. It's as simple as that. I will sleep my money on it, because i am not a day trader. TDM will bounce, I am always positive with this counter. With alot of comrades that spread positivity on this counter, I am not worried at all.

Posted by bulldog > 2019-10-23 12:49 |

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Posted by bulldog > 2019-10-23 12:50 |

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Posted by bulldog > 2019-10-23 12:51 |

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Posted by Want2Win > 2019-10-23 13:12 |

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Posted by bulldog > 2019-10-23 13:34 |

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Posted by PrinceofIpoh > 2019-10-23 13:44 | Report Abuse

Need syariah & dividend to have a push. Waiting next month qr. Or next 2 years should be no problem

Posted by bulldog > 2019-10-23 13:49 |

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Posted by bulldog > 2019-10-23 13:50 |

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Posted by PrinceofIpoh > 2019-10-23 14:28 | Report Abuse

https://www.klsescreener.com/v2/news/view/593386
New twist in India And Malaysia trade war.
Good news

Posted by Want2Win > 2019-10-23 14:39 |

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Posted by Jeffreyteck > 2019-10-23 14:54 | Report Abuse

Earlier denied burning in Indonesia. Moment of truth.
http://www.enanyang.my/news/20191022/%e6%b6%89%e5%8d%b0%e5%b0%bc%e7%83%a7%e8%8a%ad-br%e5%98%89%e9%9a%86%e5%8f%91%e5%b1%95%e5%ad%90%e5%85%ac%e5%8f%b8%e9%81%ad%e5%88%b6%e8%a3%81/

Posted by FortuneBlooming > 2019-10-23 18:03 | Report Abuse

Introduction of B20 biodiesel timely

https://m.malaysiakini.com/news/497056

Posted by FortuneBlooming > 2019-10-23 18:08 | Report Abuse

Implementation of B20 biodiesel policy (i. e. mandatory use of B20 biodiesel) for transportation sector expected to boost domestic palm oil consumption by 500,000 tonnes per year

Posted by williamtkb > 2019-10-23 18:13 | Report Abuse

Implementation of this policy, who will pay for the cost? Palm oil still expensive than diesel now.

Posted by MoneyAndHoney > 2019-10-23 18:26 | Report Abuse

Try asking Indonesian government. They're already moving toward B100 biodiesel, i. e. 100% palm oil fuel.

We are the one lagging way, way behind them in this regard.

Posted by FortuneBlooming > 2019-10-23 18:50 | Report Abuse

Palm oil jumps to 16-month high as China's waivers boost soyoil

https://www.thestar.com.my/business/business-news/2019/10/23/palm-oil-jumps-to-16-month-high-as-chinas-waivers-boost-soy

Posted by MoneyAndHoney > 2019-10-23 19:14 | Report Abuse

diesel current price = RM2.18/litre

diesel density = 0.832 kg/litre

so, diesel price = RM2.62/kg = RM2,600/tonne

but palm oil current price = RM2,359/tonne

and that is only today's peak price, not average long term price

Anything wrong with my calculations? Mr. WilliamTKB, please comment.

Posted by FortuneBlooming > 2019-10-23 23:52 | Report Abuse

New twist to malaysia-india palm oil issue

https://www.thestar.com.my/business/business-news/2019/10/23/new-twist-to-malaysia-india-palm-oil-issue

Tamil Nadu Congress Party urging Modi government to NOT reduce palm oil imports from Malaysia

Posted by FortuneBlooming > 2019-10-24 00:09 | Report Abuse

Too many parties are now still being too negative in their perceptions about palm oil. Even someone like Maybank is being overly conservative in their outlook & forecasting for palm oil.

But fact is, this is our golden crop, man. Our government is certainly not going to let it go to to the dogs, for sure.

Posted by FortuneBlooming > 2019-10-24 00:16 | Report Abuse

For example, Maybank' latest forecast for palm oil price is RM2,300 per tonne for March 2020.

But latest recent peak is already RM2,356 per tonne, achieved yesterday evening.

That just says it all, about how conservative Maybank's forecast really is.

While my own personal gut feeling is, price could breach RM2,638 per tonne this year. Maybe even before Christmas.

Posted by Want2Win > 2019-10-24 03:41 |

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Posted by Kate88 > 2019-10-24 08:43 |

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Posted by MoneyAndHoney > 2019-10-24 15:20 | Report Abuse

Malaysian palm oil price rises for third day Thursday on expected higher biofuel demand

https://www.thestar.com.my/business/business-news/2019/10/24/malaysian-palm-oil-price-at-8-month-high-as-rival-oils-strengthen

Posted by bulldog > 2019-10-24 16:07 |

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Posted by MoneyAndHoney > 2019-10-24 20:05 | Report Abuse

Very simple but darn clever strategy, Mr. Bulldog.