this was what super investor kyy was talking about since 2 years ago...but i guess he was a bit too early..now is the better time to buy in. HUAT AH!!!!
Market cap 1.074b / 69000 hectares of 8 years old matured palm oil trees : rm15,500 per hectare . U tell me , should I buy more or should I sell cheap at this price to u ?
NOT COUNTING THE OIL PALM TREES GROWN ON THE LAND. NOW ALREADY 8 YEARS OLD AND MOST FRUITFUL YEARS ARE STILL AHEAD FOR THE NEXT 17 YEARS OF BOINTIFUL HARVEST
i think Mr Fong will adds on his position to build larger position if Jtiasa's prospect is bright instead of selling, If he wants to win, he will wins big in medium to long term, a few cents profits is just peanut to him !
@calvin sifu thanks alot. Because I thought dutaland has more possibility to run faster due to announce of S&P, thats why considering should I shift back to dutaland temporary...
KOTA KINABALU: The future of Malaysia’s palm oil industry is at stake as Members of the European Parliament (MEPs) gear up to ratify the proposed resolution to ban importation of palm oil into the European Union (EU) next month.
According to the vice-president of the Asia-Pacific Parliamentarians’ Conference on Environment and Development (APPCED), Marcus Mojigoh, the country could lose as much as RM10 billion in exports, making up 15% of its total exports, if the resolution is passed.
More recently, the European Parliament also voted to introduce a single certification scheme for palm oil entering the EU market, apart from phasing out the use of palm oil biodiesel by 2020.
The majority of Malaysia’s palm oil exported into the EU is used for biodiesel.
After India, the EU is Malaysia’s second-largest export market, accounting for 2,059,207 tonnes of palm oil products in 2016, according to Malaysian Palm Oil Board data.
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....
Sazai
13 posts
Posted by Sazai > 2017-10-28 16:55 | Report Abuse
be fearful when others are greedy.......