Posted by dompeilee > 2022-07-06 14:43 | Report Abuse

Averaged down more @ 20.16 for the dividend. Luckily I only bought 100 at my 1st re-entry @ 22.36...still sitting on 200k cash thanks to a Japanese stock which double limit up in 2 consecutive days.

Posted by wallstreetrookie > 2022-07-06 14:55 | Report Abuse

Collect on dips

Posted by wallstreetrookie > 2022-07-06 14:55 | Report Abuse

Oversold again

Posted by wallstreetrookie > 2022-07-06 15:06 | Report Abuse

dompeilee Is it Lacto Japan Co Ltd or SRE Holdings?
Don't gamble on Japanese stocks later your husband will be mad haha

Posted by NatsukoMishima > 2022-07-06 15:44 | Report Abuse

@
NatsukoMishima

3,245 posts

Posted by NatsukoMishima > 1 week ago | Report Abuse

CPO drop kaw kaw to below rm 3000 soon , better take profits run , dont be greedy , it will drop back to grounding point without single profit
________
Go n check what s the CPO price ??

Posted by ClaraChan94 > 2022-07-06 20:53 | Report Abuse

@supersinginvestor
CPO price is RM4,698.00. Still haven't drop to below RM4,500. However, KLK de share price dropped until cry no tears. Haha

Posted by supersinginvestor > 2022-07-06 21:39 | Report Abuse

Ok clara. If u say so.

Posted by nicholas99 > 2022-07-07 15:06 | Report Abuse

cpo drop kaw kaw

https://mpoc.org.my/daily-palm-oil-price/

Posted by Keyman188 > 2022-07-07 16:03 | Report Abuse

OMG...What is happening for CPO price !!!...

Foresee CPO will dip below 3000 within next 6 months...


wkwkwk...kekeke...hehehe...

Posted by LeonardLiong > 2022-07-07 19:45 | Report Abuse

Lol. Thought it will drop below RM20...Queued the price at RM19 to average some...Strong technical rebound today btw

Posted by supersinginvestor > 2022-07-08 10:17 | Report Abuse

https://www.theedgemarkets.com/article/buyers-are-seeking-renegotiate-palm-oil-contracts-cpo-price-slumps

Posted by wallstreetrookie > 2022-07-08 19:12 | Report Abuse

Buy KLK and TSH

Posted by LeonardLiong > 2022-07-08 21:27 | Report Abuse

Definitely buy KLK. Haha

Posted by LeonardLiong > 2022-07-12 18:34 | Report Abuse

Nice, steady up today and thanks to glove and plantation sectors, KLCI can be green today

Posted by supersinginvestor > 2022-07-12 18:58 | Report Abuse

This was oversold no rebound...
Wait for capitulation...
Oil will crash...
So will palm oil...

Posted by supersinginvestor > 2022-07-12 18:59 | Report Abuse

18 to 19 range better to go in..

Posted by wallstreetrookie > 2022-07-12 19:57 | Report Abuse

China will buy palm oil from Malaysia. Good news

Posted by wallstreetrookie > 2022-07-12 20:13 | Report Abuse

Buy, KLK will have good news soon

Posted by wallstreetrookie > 2022-07-12 20:13 | Report Abuse

Buy
1. KLK
2. TSH

Posted by supersinginvestor > 2022-07-12 20:57 | Report Abuse

Sell
1. KLK
2. TSH

Posted by wallstreetrookie > 2022-07-12 21:16 | Report Abuse

Oil will crash? Llol

Posted by wallstreetrookie > 2022-07-12 21:16 | Report Abuse

Russia haven't fully invaded Ukraine yet.

Posted by wallstreetrookie > 2022-07-12 21:16 | Report Abuse

Once Russia finished the invasion of Ukraine, oil will recover to 120$

Posted by kl_guy > 2022-07-12 21:22 | Report Abuse

everyone got their view on when to sell or buy. Good luck

Posted by supersinginvestor > 2022-07-13 08:17 | Report Abuse

Oil crash today as expected..more to come..enjoy...

Posted by LeonardLiong > 2022-07-13 22:43 | Report Abuse

Will hold tight. Still got demand on palm oil~

Posted by dompeilee > 2022-07-18 17:06 | Report Abuse

dompeilee

Re-entered KLK @ 22.36 for the dividend.

2 weeks ago

dompeilee

Averaged down more @ 20.16 for the dividend. Luckily...
1 week ago

On the verge of breakeven =) Awaiting dividend!

Posted by LeonardLiong > 2022-07-18 20:12 | Report Abuse

Yup. KLK dividend payout is quite good too

Posted by wallstreetrookie > 2022-07-19 11:56 | Report Abuse

Bloomberg TV - Dorab Mistry says Palm Oil futures will drop to RM2500 - RM3000 if Ukraine war ends (September 2022)
11.55 a.m.

Posted by LeonardLiong > 2022-07-19 20:40 | Report Abuse

Possible drop back to below RM3k, however, the price hasn't factor in the bad weather phenomena, e.g. La Nina, EL Nino, etc

Posted by dompeilee > 2022-07-20 09:44 | Report Abuse

=) Breakeven level crossed =)

Posted by dompeilee > 2022-07-20 17:57 | Report Abuse

Next stop : $22

Posted by LeonardLiong > 2022-07-20 19:28 | Report Abuse

Good technical rebound today. Nice

Posted by dompeilee > 2022-07-21 14:14 | Report Abuse

$22 OTW!!! =D

Posted by wallstreetrookie > 2022-07-21 17:48 | Report Abuse

Good

Posted by wallstreetrookie > 2022-07-21 17:48 | Report Abuse

My price target is RM25

Posted by wallstreetrookie > 2022-07-21 17:49 | Report Abuse

Dorab Mistry is wrong

Posted by wallstreetrookie > 2022-07-21 17:50 | Report Abuse

Every time Dorab Mistry opens his mouth, FCPO goes up for a few weeks

Posted by supersinginvestor > 2022-07-21 19:04 | Report Abuse

Oversold before not anymore.
Goinh back to below 20..
Not going to 25
Sell

Posted by supersinginvestor > 2022-07-21 19:21 | Report Abuse

Mistry is wrong war will not end but oil will go f
Down more then rebound later in 4th qr...palm oil will go to 3k

Posted by joerakmo > 2022-07-21 19:23 | Report Abuse

Why Dorab Mistry so angry....back in May
https://www.businessinsider.in/business/corporates/news/godrejs-dorab-mistry-shoots-off-angry-letter-to-indonesian-government-over-palm-oil-issue/articleshow/91826446.cms

Wrong in 2020...wrong in 2021
Why never comment on soybean oil??

Posted by dompeilee > 2022-07-22 15:29 | Report Abuse

Likely a fund or two may have shorted aggressively betting KLK will drop in the short-term...look for potential fireworks by the close =)

Posted by LeonardLiong > 2022-07-22 21:00 | Report Abuse

Nice. Got local institution support buying

Posted by wallstreetrookie > 2022-07-22 21:27 | Report Abuse

It's always RHB and AmBank shorting Plantation. The rumour was 3 months ago, I am not sure if they covered it or not.

But just an unrelated information. There has been a lot of layoffs and resignations among equity research analysts, ECM, DCM and prop traders. The market condition is getting worse

Posted by wallstreetrookie > 2022-07-22 21:27 | Report Abuse

KLK is recession-proof, dividend policy is solid. I am still bullish. KLK RM21 - RM23 is good enough

Posted by dompeilee > 2022-07-23 07:28 | Report Abuse

Soybean oil UP 2.78% overnight =)

Posted by LeonardLiong > 2022-07-25 19:42 | Report Abuse

Agreed. KLK can be very good defensive stock. Can relax and enjoy its lucrative dividend payout

Posted by supersinginvestor > 2022-07-26 13:07 | Report Abuse

Klk is not a.defensive stock n dont pay much dividend check again
No fake news plz

Posted by dompeilee > 2022-07-26 15:19 | Report Abuse

Gave up on $22 tgt...CPO trend looks *eeeek* short-term. Took half my capital out from 21.60-21.80

Posted by LeonardLiong > 2022-07-26 21:56 | Report Abuse

Still have total RM1 for 2022 dividend payout. It's better than previous years de payout. Consider no bad liao. Don't be so greedy plz