Global crop failures on the northern hemisphere from the early snow/ frost in mid autumn before the soybeans matured .., many crops failures also , wheat , corn , barley ... the situation made worse by last year’s late spring planting season .... not Enough time for crops planting to maturity ....affects major northern hemisphere . South — Australia drought and heat — crops failures also .
So depends on palmoil as critical substitute to soybean oil and corn oil .
Only by next year October will the northern hemisphere next planting season will the new stocks be known if they can be successfully planting and harvested to off set the palmoil upward price pressure . So until then palm oil will have a good long run upwards .
If the crops fails again in 2020 sept - October 2020 ... then price of palmoil will shoot beyond RM5000/ton ...,
According to the agronomist weather pattern chart — the next year’s situation of early cold in autumn will probably be worse than this year’s... so likelihood of it happening ... look at NASA take on Grand Solar Minimum .
In 2020, with the support of Shuangyou, the political disputes will end, and the return of foreign capital will catch up. Tdm2054's rise of 60 cents is not a dream.
Rm3200 /tonne is already on the way, there is no golden fruit in your hand, catch it now, once again the opportunity for capital appreciation, only once every ten years. There is a golden period of at least two years. It is normal to go up and down, holding palm oil stocks filled with golden fruits to welcome the coming of the Year of the Rat. 黄金 There will be a shortage of gold fruit in the market, so the price will be good in the next few years. Rm2800 to 3200 / tonne will have a net profit on plantation stocks. Just keep and advance.
It never too late for them to buy call, because now only 34.5 sen... Short term target is 60 sen (1-2 month), mid term target 80sen (3-6 month). they can easily make 80% - 130% gain.
Please imagine that Q4'19 TDM can post EPS 1.4sen, then Q1'20 can post EPS 1.8 sen, then assume PE is 12 times, then you all can make profit kaw kaw d.
Should be able to reach RM 5,000 per tonne in 2020. The highest ever was RM3,930 reached in Feb 2011. Since then things have changed positively for CPO.
Environmental improvements in planting have made it less sensitive to use CPO. CPO is not increasingly used in bio-fuel with CPO as higher percentage in its component with Indonesia leading the way.
At present, palm oil stocks are only in the mid-term rally, and there is a lot of opportunities. When individual stocks announce their net profit, they have harvested. After all, the world palm oil price has rebounded from the bottom to Rm2900 / ton. Closed, Malaysian palm oil industry decreased). -Looking to the future, analysts at Da Securities said that under the support of reduced palm oil supply, stable soybean prices, and increased demand for biodiesel, palm oil stocks will be reduced, thereby supporting the price of crude palm oil.
Affin Huang's capital analysts also believe that under the increase in demand for palm oil-related products, rising crude palm oil prices, and the steady growth of the edible oil and catering market, the planting business in fiscal 2020 is expected to perform well. 2054tdm More than 20 cents into the prophets 30 Cassiopeias 40 Cassiopeias Unconsciously
The situation that makes palmoil demands increase was a combination of factors including soybean crop failures for the last two planting seasons in the northern hemisphere from the late planting to early snow frost in mid autumn . Situation in 2020 is expected to be worse for soybeans plantings as this year’s winter extreme cold and thick snow will again produce a situation of very wet springs ... late plantings again for sure.
With the tightening Of government control of no new opening of forests for palmoil means for the next 3 years — there will be no significant increase in palmoil production in Malaysia for years to come .. this worries many big consumers countries like China , India and Europe . As palmoil is the alternative to soybean ... and soybean production planting is severely impacted by the unforgiving cold weather . So palm oil this time round will see many players buying in advance at ever increasing today ‘s prices over the next 12 months . With each month prices continue to rise with more data on the shortages of soybean coming on board .
Rsawit has shown profit in the last quarter report .. tdm still not yet .. so some play safe .. prefer rsawit to tdm . But it will show up profit in due course .., by then the price will not be at this level
I will not be surprise if cpo goes to rm5000 / ton Mark this time round .. ... as no solution in sight in the mid term to resolve the demand / supply situation . By then ... eps will be in the range of 28 sen giving share price rm2.80 ... superbull in the making ...
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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....
paperplane
21,634 posts
Posted by paperplane > 2019-12-27 19:31 | Report Abuse
Yaya. Good. Windfall tax coming. U just wait and see idiots poor bastard