With cpo abt rm3000/Ton for year 2020, Though the US- China sign trade agreement phase1, to buy double the agri produce yearly .. US will have not enough supplies of grains to deliver because of the massive crop failures that occurred in the last planting season due to the cold frost in autumn . Many northern grain producing countries affected — hence global shortage . India too is experiencing snow now . So a general shortage of grains will increase demand for cpo , hence price is expected to stay above rm3000/ton . At that price volume of tdm cpo 75,000 ton / yr x Rm3000 = rm225M abt 90M more than last year . This will give about 9 eps extra on the cpo price increase
And for those dimwitted nitwits who are still unclear & confused about the specific details regarding the recent India import restricions on REFINED palm oil (not crude palm oil aka CPO), and the basic DIFFERENCE between REFINED palm oil & CRUDE palm oil (CPO), just scroll back over last couple pages to read the explanations by RiverOfSilver & WealthSoWonderful.
The laziest & dumbest investors are the most hopeless. They sukk up so easily to the nearest fake news they read, without bothering to make any meaningful effort to study & verify any further.
There are collectors ..., no longer worry The fundamentals in place
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Posted by bursatrader2018 > 2020-01-16 09:39 | Report Abuse
you did not see Coolbull, no more here ? Cabut ....!!