With high cpo prices .. even FGV managed to make a profit last quarter ...,it bodes well for the industry as a whole .. only the lag time between the price movements waiting rotation play to focus back to plantation.
Future Crude Palm Oil for Mabel’s 11 Plantations by using an hourly chart to analyse the potential intraday direction for FCPO. The gap down during yesterday’s the opening session set the tone for the rest of the day amid the consolidation below the middle Bollinger band. While the support is expected to be firm, the buying momentum faded during the last trading hour yesterday thus indicating the current consolidation is set to continue, at least in the near term.
In investment- all time is a good time Only need the correct action and reserve cash , holding power . In trending up SELL profit In correction down BUY cheap In sideways HOLD
compared 2018 vs 2020 first 6 months , averagely 2020 is more RM 100 / ton , ie ard 4 % , but compared to 2018 n 2020 monthly output is reduced by 32.3 % .. scary ..
>>EMPHASIS OF MATTER We draw your attention to Note 42 to the financial statements where various significant and material misstatements have been adjusted retrospectively in the 2018 financial statements. These errors have affected the financial position, results and the relevant disclosures of the prior years. Our opinion is not modified with respect to this matter.
don't go blaming tdm managemrnt for current palm oil predicament
it was that other sochai boolshhitting tdm (madey) who caused cpo to crash big time with his completely needless wacko cracko confrontation with narendra modi & india
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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....
bulldog
12,157 posts
Posted by bulldog > 2020-08-24 08:41 |
Post removed.Why?