earlier perception in the indutry was palmoil selling price would be lower by second half of the year,due to receding of dry el nero weather pattern . But as what is unfoilding , we see the selling price jumping up , as today August 3rd ;already up almost 70 ringgits from the morning trade.sources said low stock against high demand contributing to the price strength,well, best of luck ,folks
CPO price is beyond the industry players. But definitely, production (FFB yield) is peaking up after May. 2Q better than 1Q......3Q will better than 2Q. ...
It has been on an uptrend since its recent lowest of 3.11 in June.. so its normal profit takings to take place. Me opine it has a strong support @ 3.42.. so it most prolly wont drop so much. Gudluck ya..
usually i do quesstimate (guess+estimate), by estimating the health of domestic and global economies,and respective consumers markets for products concerned. Currently palm oil market is in healthy state,strong demand and good export , production is good , export-pricing is excellent ,and reasonably profitable,that is much better as compare to last year,these factors goes same for wood/log markets. You can go and get more quantified detail by checking the needed figures in camparison with last and previous years .. By the way, i have followed palmoil market for many years, ...
somemore the net asset per share already priced as 3.20rm., so currently market price is not overvalued, very reasonable for a good profit making company and that also enjoys a bright future .in short i think very low risk for investors, that is very important.
Palm oil business currently in very bad shape even Wilmar group is in the red, I wonder how you term it as good? The only chance TAAN make good money is from its logging and plywood business NAPS is not a good gauge for investment and should not be a reason for fundamental consideration. Just for your tip: I buy TAAN because of Japan demand for wood/plywood. Currently Japanese companies are gearing up their order for Olympic construction from 2016-2019. Order peak will be around 2017/2018. Construction currently already started and construction workers shortage already happen in japan market. The boom just started. Don't miss the boat
007 if you read chinese characters ,you could understand welmar not doing well ,is due to other factors, sugar business in particular, and misjudged by entering buy contracts on high priced soya bean, therefore , those are reasons explaing wilmar's unpleasent current record. 12/08/2016 16:28
@enning22 why busy explaining so much to this fellar, he is the one who laugh at us when the price drops, then disappear when price goes up. and btw, he sold at 3.33 already haha
i know Wilmar very well, the chinese news paper only part of the story. Jeremykid@ Don't you think when price drop and disappear is part of the strategy. ha ha ha you got a lot to learn kid
According to MIDF Research, the cumulative net foreign inflow thus far this year into shares listed on Bursa has surpassed the RM1bil level. As of last Friday, the year-to-date cumulative flow into Bursa increased to an estimated RM1.26bil from RM959.3mil the week prior.
“For the last five weeks, the Malaysian capital markets have seen a net inflow of foreign funds. This has resulted in some stability in its equity market and buoyancy in its bond market,” says MIDF.
i observing the FGV, many parties and Funds seemed to show great buying interest in it ,considered undervalued,having faith in palmoil plantations 15/08/2016 12:14
incoming high production will offset the high export. but the crucial time is early 2017 when production decrease because el nino effect . hope cpo can reach 3000 this time. ...after that we will huat ah....cheers...
in fact kakashit article did not mention the changing consumption pattern developed in Indonesia,which has effectively reduced the massive over hanging palmoil stock .But this vital important factor, the real Game changer.Otherwise with large production coming from that country could force CPO selling price to fall into unprofitable level.
today palm oil price jumps another 50 rm , iust in the morning trade,prompt delivery touching 2800 rm, wat a price ,have not seen for long time,we know the production cost is 1500rm , wat a fantatic profit margin for plantation stock.
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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....
kakashit
1,472 posts
Posted by kakashit > 2016-08-02 01:04 | Report Abuse
Yes, this aint no cheating
FFB has reached the peak of 61mt!
Let the fact tells the story