Mandatory use of B7 biodiesel (7% palm oil) for industrial sector & B10 biodiesel (10% palm oil) for transportation sector coming into force today July 1 2019.
28 Jun 2019 Acquired 17,400 YM RAJA DATO' HAJI IDRIS RAJA KAMARUDIN 27 Jun 2019 Acquired 50,000 YM RAJA DATO' HAJI IDRIS RAJA KAMARUDIN 24 Jun 2019 Acquired 53,000 YM RAJA DATO' HAJI IDRIS RAJA KAMARUDIN 18 Jun 2019 Acquired 50,000 YM RAJA DATO' HAJI IDRIS RAJA KAMARUDIN 14 Jun 2019 Acquired 50,000 YM RAJA DATO' HAJI IDRIS RAJA KAMARUDIN
Terengganu state-owned plantation arm TDM Bhd, has appointed Zainal Abidin Shariff as the new group CEO with effect from April 1. TDM chairman Raja Datuk Idris Raja Kamarudin congratulated Zainal Abidin on his appointment. He said TDM has a responsibility to its shareholders to create and deliver value and it would be rolling out its value creation and business development plans. “His experience in the plantation industry and his expertise in change management are crucial skillsets to drive TDM’s value creation and business development plans and to deliver our aggressive targets that have been set by the board,” he said.
Zainal Abidin obtained his Master of Finance from RMIT University, Melbourne in 2006.
New CEO , New Hope, New Revenue, New Vision, and New Growth - TDM will up the price, if not what for hire new CEO ( Zainal Abidin Shariff)
Soyoil consumers in non-soyoil producing regions should just shift to palm oil. It is more nutritious, easier & more convenient to store & handle, as well as much cheaper.
Just need to be strong hearted & a bit patient, folks. Becos CPO price might be coming under some pressure in third & fourth quarters. It's a seasonal thing. Well, that's the news coming out recently. But it should be absorbable. Just like TDM has already proven this last one week or so.
I'm not fazed by current weakness in CPO price. It's just a transient thing, I believe.
I see CPO gradually returning to its previous glory days of ca RM4,000 per tonne, eventually. Like it once did in 2008.
Would take plenty of effort from the government side. But it's not something impossible. Implementation of mandatory use of B10 biodiesel for industrial sector & B20 biodiesel for transportation sector, scheduled for 2020, would be powerful factors, I reckon.
Plus also stronger & more sustained efforts to push palm oil to new markets abroad, of course. And also fight the EU boolshhit.
But then, there do also occur occasionally, opportunity for 'in & out' play. Like happened on 14 May, one day before Belt & Road Meeting in Shanghai, which our PM (his initials also TDM, BTW) attended.
TDM price hit peak 24 sen that morning. Even if you had bought @20, then sold to lock in profit @23, you would still have made 15% gain.
To borrow the phase from Kirim :- The store is piling up at the moment.
Go up or not,......Still dun no. But, TDM must encourage to fly. TDM has everything and ready. She is qualify and deserve for higher level. NOT at CURRENT parriaaaaah level. NOT fit.
Kirim every day sing at Jadi, and Jadi has up a bit Lets emulate Kirim at TDM, and let TDM fly and fly every day
Kirim, if you see this at TDM, pls sing at TDM too, so that TDM will fly and fly
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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 > 2019-07-01 08:46 |
Post removed.Why?