This stock is promoted by a fool who was a Dreamer who promoted Sumatec. He called Sumatec to hit RM10 but unfortunately it is waiting for delisting while in suspension at the bottom 0.005sen.
Fcpo was down rm2200/ton ....progressing yesterday rm2500/Ton .....tdm price will follow the rise of fcpo .. Positive factors in favour of cpo rising prices going forward : 1. India buying now 2. China opening back 3. Raya demand coming May 24/25 4. Panic buying covid 19 MCO 5. Locustvplague
1) india is always buying , just the volume , any volume stated ? 2) China will buy more soybean and soybean oil 3) KFC is not using since 2011 , MCD is using others cooking oil . Malaysian seldom use as cooking oil as more expensive . 4) panic buying : cooking oil -- No 5) Locusts in India and Pakistan ..less income less buying power , buy cheaper ediable oil . India already asking for cheaper price , any info will matched the price ?
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Posted by Mikecyc > 2020-03-31 10:58 | Report Abuse
What is your TP until April ? I said 23 sen .