Posted by wallstreetrookie > 2022-03-09 16:25 | Report Abuse

"Commodity prices set to tumble as stagflation looms, Mistry says"

Do not believe him

Posted by wallstreetrookie > 2022-03-09 16:31 | Report Abuse

Dorab Mistry doesn't know anything about palm oil.

Posted by wallstreetrookie > 2022-03-09 16:55 | Report Abuse

US CBP seized Malaysian palm oil products. Nice, news released at 4.51pm after Malaysian market closes. The mere coincidence is amazing

Posted by wallstreetrookie > 2022-03-09 16:56 | Report Abuse

Old news from Bernama lol

Posted by Johnzhang > 2022-03-09 17:15 | Report Abuse

Dorab Mistry is a director of Indian consumers goods company obviously trying to talk the market down. He is a buyer.


Posted by wallstreetrookie > 43 minutes ago | Report Abuse

"Commodity prices set to tumble as stagflation looms, Mistry says"

Do not believe him

Posted by supersinginvestor > 2022-03-09 17:27 | Report Abuse

Lets see who smarter me or mistry.
I say palm oil going to 10k soon.

Posted by supersinginvestor > 2022-03-09 17:29 | Report Abuse

Its about fiat currency issue...
Guess wat currency is worthless?
Edible oil now gold...
BUY AND HOLD

Posted by Abba84 > 2022-03-09 19:01 | Report Abuse

Increased mandate to 30% b t Indonesian ..would this affects klk margin?

Posted by supersinginvestor > 2022-03-10 10:04 | Report Abuse

When calvin n gang appear in klk.. all goes to sheet..told u so..
Lol..

Posted by supersinginvestor > 2022-03-10 10:05 | Report Abuse

Ignore calvin n gang..make as if they were never here. .trust in klk. Buy and hold...

Posted by wallstreetrookie > 2022-03-10 10:12 | Report Abuse

KLK is a 28 billion company. No one can control the prices @supersinginvestor

Posted by wallstreetrookie > 2022-03-10 10:12 | Report Abuse

I am buying more today

Posted by supersinginvestor > 2022-03-10 10:13 | Report Abuse

Not control. Bring bad luck..!!!!!

Posted by wallstreetrookie > 2022-03-10 10:13 | Report Abuse

Insiders at KLK vested their shares at around RM21 - RM22. Do not sell

Posted by wallstreetrookie > 2022-03-10 10:14 | Report Abuse

KLK earnings will be record high in Q2 or Q3 2022

Posted by darren2021 > 2022-03-10 10:17 | Report Abuse

stagflation
/sta??fle??(?)n/
Learn to pronounce
nounECONOMICS
persistent high inflation combined with high unemployment and stagnant demand in a country's economy.

Posted by wallstreetrookie > 2022-03-10 10:19 | Report Abuse

Insiders haven't sold their shares. Average cost RM22
Now trading at 20% premium

Posted by wallstreetrookie > 2022-03-10 10:19 | Report Abuse

Easiest hold

Posted by wallstreetrookie > 2022-03-10 10:20 | Report Abuse

Tech rebound will be temporary. You wait and see

Posted by nicholas99 > 2022-03-10 10:34 | Report Abuse

FOOD CRISIS

* With the conflict threatening grain production, a global food crisis deepened. Indonesia tightened curbs on palm oil exports, adding to a growing list of producers seeking to keep vital food supplies within their borders.

Posted by nicholas99 > 2022-03-10 10:39 | Report Abuse

Top Palm Oil Producer:
Indonesia: 33.4 million tonnes of palm oil. ...
Malaysia: 19.9 million tonnes of palm oil. ...
Thailand: 1.8 million tonnes of palm oil. ...
Colombia: 1.2 million tonnes of palm oil. ...
Nigeria: 0.94 million tonnes of palm oil. ...
Ecuador: 0.53 million tonnes of palm oil. ...
Guatemala: 0.52 million tonnes of palm oil.

Posted by nicholas99 > 2022-03-10 10:43 | Report Abuse

JAKARTA (REUTERS) - Indonesia will expand its mandatory domestic sales of palm oil to 30 per cent of planned exports by companies from 20 per cent currently starting from Thursday (March 10) as part of efforts by authorities to contain cooking oil prices, Trade Minister Muhammad Lutfi said.

The world's biggest crude palm oil producer in late January first moved to restrict exports of the vegetable oil after prices of cooking oil shot up more than 40 per cent at the start of the year amid a surge in global prices.

The tighter restrictions on exports aim to ensure that cooking oil prices at home remain affordable to consumers, Mr Lutfi said, and the rule would remain in effect until the "condition normalises".

The minister said he considered a normal condition to be when cooking oil was readily available on the shelves of shops and was not offered above a maximum retail price set by the government.

"We are prioritising...Indonesia," Mr Lutfi told a news conference on Wednesday.

The government would review the policy after six months to determine whether it needed to be adjusted, he added.

https://www.straitstimes.com/asia/se-asia/indonesia-tightens-restrictions-on-palm-oil-exports-to-30-of-sales

Posted by wallstreetrookie > 2022-03-10 10:47 | Report Abuse

Insiders haven't sold their shares. Average cost RM22
Now trading at 20% premium

Posted by supersinginvestor > 2022-03-10 13:59 | Report Abuse

ONLY A FOOL WILL THINK CPO OR PLANTATIONS GOING DOWN...
ONLY WAY IS UP...

Posted by supersinginvestor > 2022-03-10 14:12 | Report Abuse

Lock in buy order at rm26.18
Lets see friday next week wats it at!!!

Posted by supersinginvestor > 2022-03-10 14:38 | Report Abuse

ALL HAIL KLK
KING OF PLANTATIONS.

Posted by wallstreetrookie > 2022-03-10 17:13 | Report Abuse

KLK entered consolidation at close today. Definitely holding this stock into the weekend until Monday. Insiders still haven?t sold

Posted by wallstreetrookie > 2022-03-10 17:14 | Report Abuse

FCPO 8,500 target by June 2022

Posted by joerakmo > 2022-03-11 11:28 | Report Abuse

KLK financial year end is September and full year EPS is 209.3sen 4Q21 incorporated only 1month IJMP results.
1Q22(dec21) v 4Q21(Sep21) PAT roughly flat.Presume integration costs (kitchen sinking) IJMP. However KLK hectarage has increased 30% and CPO price has increased more than 40% ( compared against FYE21 in Sept). Hence despite all the taxes and levies in Malaysia and Indonesia, can expect KLK to have a huge improvement in EPS. A 'no brainer' buy

Posted by wallstreetrookie > 2022-03-11 11:55 | Report Abuse

Get ready guys. SOMEONE just bought millions worth

Posted by wallstreetrookie > 2022-03-11 14:34 | Report Abuse

Bought the dip again

Posted by wallstreetrookie > 2022-03-11 14:34 | Report Abuse

26k in

Posted by wallstreetrookie > 2022-03-11 14:35 | Report Abuse

EPF traders, stop reading i3 comments :)

Posted by wallstreetrookie > 2022-03-11 14:37 | Report Abuse

Do not give up, insiders still have not sold. I double checked.

Posted by wallstreetrookie > 2022-03-11 14:37 | Report Abuse

Do not donate your shares

Posted by wallstreetrookie > 2022-03-11 14:37 | Report Abuse

A trader bought millions today and yesterday.

Posted by wallstreetrookie > 2022-03-11 14:39 | Report Abuse

External fund managers suppressing the share price. Slap the ask

Posted by wallstreetrookie > 2022-03-11 14:39 | Report Abuse

Insiders are not going to sell at 20%

Posted by wallstreetrookie > 2022-03-11 14:52 | Report Abuse

This stock always rebound at 12%. Buy the dip if it drops more than 2% at close today

Posted by wallstreetrookie > 2022-03-11 16:50 | Report Abuse

Next week, we break all time high

Posted by wallstreetrookie > 2022-03-12 12:40 | Report Abuse

JP Morgan's Jeffrey Ng revised KLK's target price to RM40.00

Posted by supersinginvestor > 2022-03-13 14:06 | Report Abuse

:-0

Posted by Johnzhang > 2022-03-13 14:09 | Report Abuse

That is about 15x forward earning PE which is very fair .

Posted by wallstreetrookie > 1 day ago | Report Abuse

JP Morgan's Jeffrey Ng revised KLK's target price to RM40.00

Posted by wallstreetrookie > 2022-03-13 16:43 | Report Abuse

You guys can see the latest price target too right?

Posted by Calafate > 2022-03-14 00:43 | Report Abuse

KLK latest corporate video.
https://www.youtube.com/watch?v=4V45EYECXAU

Posted by supersinginvestor > 2022-03-14 11:35 | Report Abuse

Hope klk can take the plantations out of the shiits...

Posted by calvintaneng > 2022-03-14 12:47 |

Post removed.Why?

Posted by raja3313 > 2022-03-14 14:23 | Report Abuse

Good Day Sifus,

Why does EPF "buy and sell" large quantities on the same day , eg. as below ? Thank You :)

Date of Change ,No of shares, Price ,Transacted(RM), Transaction type
07/03/2022 566,400 0.000 Disposed
07/03/2022 126,600 0.000 Disposed
07/03/2022 40,600 0.000 Disposed
07/03/2022 64,700 0.000 Acquired
07/03/2022 600,000 0.000 Acquired

Posted by bang_miskin > 2022-03-14 15:29 | Report Abuse

@raja3313
I am no sifu, just a small ikan bilis. But EPF frequently buys and sells the same counter on the same day to generate some liquidity. You follow EPF trading pattern you end up paying some money to Bursa. Instead, study the company's fundamentals and direction of the industry.

Posted by wallstreetrookie > 2022-03-14 17:44 | Report Abuse

Buying more tomorrow. This is absurd. Still trading at RM26++