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

3 years impossible lah.

Posted by joyvest > 2022-03-03 09:21 | Report Abuse

By then,all palm trees in all region are reaping fruits where supply is expected to be more than demand .unless the war is still ongoing , the re-production of sunflower oil is posting a threat to cpo

Posted by virgogo > 2022-03-03 09:22 | Report Abuse

To prepare seedings and young plants already about 6 months minimum. Thereafter start to fruit from 3 years onwards. Between 4th and 5th year, the palm trees will bear fruits that are very small and oil extraction rate will be very very low. Even at the 5th year after planting the sound palm on ground, the planter cannot breakeven.

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

haha.. uncle kyy write article time tu la kita jual..

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

it is not a matter of replanting new palm tree or what .

The recent low supply is due to the expected low yield of fruits for lack of maintenance care after planting . Due to the pathetic CPO price during prolonged pandemic spell, many planters ( except for the sizable planters) were stricken with cashflows problems and decided to either reduce or abort the use of fertilisers hence directly and significantly affecting the yield.

But the scenario has changed by now . With sufficient care, the yield is expected to be double in abundance in months to come....

Posted by troy88 > 2022-03-03 16:15 | Report Abuse

Still long long way to go to reach it's true potential..

Posted by kelvin61 > 2022-03-03 17:33 | Report Abuse

It is still early days for JTIASA. Due to their large matured area of 69,589 hectares, 92% of the areas is in prime phase. This will provide optimal FFB yield in the current high cpo prices. Hold tightly to benefit from the big run ahead for this wonderful stock, cheers.

Posted by Invest_888 > 2022-03-03 20:03 | Report Abuse

Possible to reach RM2 if the CPO can maintain at least RM6500/tonne

Posted by joyvest > 2022-03-04 08:06 | Report Abuse

India ,the largest importer of palm oil ,has cancelled substantial order for they cannot afford to buy the palm oil at the current escalating price.

Posted by calvintaneng > 2022-03-04 08:22 |

Post removed.Why?

Posted by gemfinder > 2022-03-04 08:23 | Report Abuse

yup, india hv no choice...... somehow india ppl need to eat!!!!

Posted by investor2021trading > 2022-03-04 08:30 | Report Abuse

India's wants cheaper cooking oil n it's time to buy cheaper plantation stocks as CPO price on 03/03/22 has dropped to RM7452/tonne.

Posted by AAAwell > 2022-03-04 08:48 | Report Abuse

Kretam another plantation gem which will hit rm1 soon.. monitor

Posted by KingKoil > 2022-03-04 09:00 | Report Abuse

Can anyone can tell how much if comparing soyoil vs palm oil for a tonne in MYR? And also versus the increase of price for both?

Posted by maestro85 > 2022-03-04 10:56 | Report Abuse

all counters red today on friday. but palm oil counters will always rebound on the next week. buy

Posted by Squirtle > 2022-03-04 11:43 | Report Abuse

All is scare nuclear is bomb

Posted by RockerArm > 2022-03-04 12:04 | Report Abuse

Game over

Posted by maestro85 > 2022-03-04 12:06 | Report Abuse

most counters in bursa red on friday. normal

Posted by williamtkb > 2022-03-04 12:39 | Report Abuse

See can get support at Rm1 or not. Below rm1 can blindly buy.

Posted by BoomBerg > 2022-03-04 14:23 | Report Abuse

If stocks fall solely due to threat of Nuclear war, buy the dip
1)If Nuclear war doesn't happen then you make some handsome profits
2)If Nuclear war happens then you won't need any money

Posted by maestro85 > 2022-03-04 14:52 | Report Abuse

true. If nuclear war happens, money would not help you

Posted by balakrisnan > 2022-03-04 15:28 | Report Abuse

60 up 120 within one month very strong

Posted by jackfruit > 2022-03-04 15:39 | Report Abuse

Got nuclear war meh...only a small fire on the administration building of the nuclear plant. Like that also scare.

Posted by joyvest > 2022-03-04 17:17 | Report Abuse

So the nuclear war is imminent, the best strategy is to liquidate your portfolio fast and keep the cash?

It could be a false alarm....

Posted by joyvest > 2022-03-04 17:20 | Report Abuse

Its very tempting to add more but the cheapest has yet to come in the likelihood of WW III

Posted by joyvest > 2022-03-04 21:29 | Report Abuse

You have learnt your lesson very well.....you are talking now....

Posted by joyvest > 2022-03-05 07:39 | Report Abuse

It was sold long ago at its peak. I bet some diehards still hold it tight till now.no matter how cheap and undervalued it is now so to speak,it is untouchable .it is not a matter of cheapness or what,it is a matter of worthiness.

Posted by joyvest > 2022-03-05 07:44 | Report Abuse

Pity or not? ..you'd better have pity on those who kept averaging and averaging SD and end up with more and more miseries and pains.their losses are far more enormous than you and me could imagine...

Posted by Kang Yao > 2022-03-05 12:03 | Report Abuse

To clear the air and doubt over CPO counter :
https://www.theedgemarkets.com/article/how-strength-soybean-prices-linked-black-sea-conflict-%E2%80%94-braun

Posted by MrPatience > 2022-03-05 12:22 | Report Abuse

Crop conditions are suffering in Argentina. According to the Buenos Aires Exchange report that updated March 3, good-to-excellent ratings were a scant 25% for soybeans and 21% for corn. Ratings have been below 40% for both crops since mid-January, despite some decent showers that occurred in late January.

https://www.dtnpf.com/agriculture/web/ag/blogs/south-america-calling/blog-post/2022/03/03/break-la-nina-dryness-argentina

Just my opinion. Unlike palm oil, if farmer are planting soy and corn alternately, any weather disturbance that delay planting and weather will affect their harvest and quality, which also affect the next cycle, hence palm oil offer more predictable output (if there's no labour shortage). Also Palm tree took 3+ years to grow before harvest, tree will develop higher immunity towards weather compare to soy and corn.

Posted by Newbie_123 > 2022-03-05 13:18 | Report Abuse

And FCPO keep dropping after hitting high of 8,000

Posted by joyvest > 2022-03-05 15:36 | Report Abuse

Soybeans for shelling and fresh use are ready for harvest 45 to 65 days after sowing. Dry soybeans require 100 or more days to reach harvest. Soybeans reach maturity at the same time; pull the whole plant and hang it upside down to dry. Shell dry beans once the pods are fully dry.

As seen,it doesn't take a long time for harvesting as compared to palm oil.

Posted by Johnzhang > 2022-03-05 15:37 | Report Abuse

Fcpo at $8,000 which is the MOST expensive edible oil is simply not sustainable and it is largely due to speculative factors . Bursa derivative raised trading deposit by 20% on last Friday to dampen speculative activities which has resulted major price correction. CPO will find its level competitive to other key edible oil which I think is $6,500 -$6,800 in the near term .

Posted by Johnzhang > 2022-03-05 15:42 | Report Abuse

Bear in mind the midsize and small plantations who sell their crop on spot month achieved average selling price of $4,300 to $4,500 in FY2021 and they made record high profits. At $6,500, their earnings for this year is going to be explosive.
So, don?t panic for what happened on Friday

Posted by joyvest > 2022-03-05 15:44 | Report Abuse

Sunflowers grow quickly. Many can achieve up to 12 feet of growth in only 3 months. With the proper growing conditions, sunflowers should reach maturity in 70 to 100 days after planting.

As such,it doesn't take long for sunflowers oil for harvesting as compared to palm oil

Posted by 2020covid19 > 2022-03-05 16:13 | Report Abuse

https://mpoc.org.my/monthly-palm-oil-trade-statistics-2022/

Posted by 2020covid19 > 2022-03-05 16:14 | Report Abuse

https://mpoc.org.my/monthly-stock-comparison-2022/

Posted by Johnzhang > 2022-03-05 16:16 | Report Abuse

Ukraine is war torn, farmers have fled the country, situation will take a long time to normalize. Edible oil ?shortage? already push price high even before the war. The war has simply make it worse

Posted by 2020covid19 > 2022-03-05 16:21 | Report Abuse

https://tradingeconomics.com/commodity/palm-oil
https://www.palmoilanalytics.com/

https://mpoc.org.my/daily-palm-oil-price/
Date Settlement Price RM
3 Mar 22 6808
2 Mar 22 6660
1 Mar 22 6762
28 Feb 22 6299
25 Feb 22 5966
24 Feb 22 6453
23 Feb 22 5982
22 Feb 22 5840
21 Feb 22 5675
18 Feb 22 5539

Posted by skyjet > 2022-03-05 22:11 |

Post removed.Why?

Posted by MrPatience > 2022-03-05 22:25 | Report Abuse

seed oil growth and harvest is way faster than Palm oil, provided the farmer doesn't miss the timing.
its faster and easier to set up a roadside stall than a proper restaurant, but at a mercy of weather.

Posted by 2020covid19 > 2022-03-06 11:11 | Report Abuse

Ukraine and Russia agreed the partial ceasefire Saturday in order to allow civilians to leave the two cities.

War still continue after that.

Posted by brianklc > 2022-03-06 13:23 | Report Abuse

The cease fire collapse, Russia continue to attack despite cease fire. Lucky enough, US is seriously considering moving its Mig jets from Poland to Ukraine. Yup, with Mig, the tanks jamming at 40 miles better reverse.

Posted by brianklc > 2022-03-06 13:51 | Report Abuse

https://www.bbc.com/news/world-europe-60636337

Posted by VincentTang > 2022-03-06 16:53 | Report Abuse

Sell all steel stocks and palm oil stocks to buy MSC. Miss universe stock has just been changed from Hiaptek to MSC. MSC will be next PMBTECH. Target price for MSC is RM20.

Posted by jason007 > 2022-03-07 12:14 | Report Abuse

one day drop so much

Posted by MrPatience > 2022-03-07 13:33 | Report Abuse

its interesting to see when a business' product avg selling price and profit goes up, and yet shareholders sell off their share of business cheaper. :)

Posted by Invest_888 > 2022-03-07 16:29 | Report Abuse

CPO price moves up to RM6500/tonne and soybeans price also moves up to challenge historic high. How come the plantation stocks are not moving up as well.

Posted by joyvest > 2022-03-07 23:05 | Report Abuse

To my observations, other plantation counters were down but not so volatile as jtuasa.

In my conclusion, others are more stable than this

Posted by MrPatience > 2022-03-08 09:33 | Report Abuse

Warren Buffett & Charlie Munger on Risk and Volatility
https://www.youtube.com/watch?v=bczBRPuBLto