Pleaae, check that Taann was below $3 a few months ago n has risen to $3.40 now ex.div of 20 ct or in total is $3.60 !!! If one buy 1m shares at $3, he stands to gain $600k in just few months !!!
(Jan 7): More bad weather for the world’s oilseed growers is pushing rapeseed and canola prices to fresh records and adding to food-inflation worries.
Futures have been on a tear for a while, after last year’s harvests in Canada and Europe were plagued by scorching drought and planting cutbacks, cutting global rapeseed stockpiles to a four-year low. Now, worries are mounting about supplies of rival vegetable oils, with hot and dry weather hurting South American soybean prospects and flooding hitting palm oil farms in Malaysia.
As the recent crude oil rally also aids demand for the crops to make biodiesel, Paris rapeseed futures and North American canola notched new all-time highs on Friday. Their oils are also used for everything from frying French fries to mixing salad dressings. Rapeseed prices have nearly doubled in the past year.
“The situation is really tight, and the buyers are still there,” said Arthur Portier, an analyst at Paris-based farm adviser Agritel.
Paris rapeseed futures surged as much as 5.9% on Friday, the biggest intraday gain since 2009, and North American canola gained as much as 1.5%.
Europe has become increasingly reliant on oilseed imports in recent years, after phasing out crop chemicals that rapeseed growers used to deter pests. That’s exacerbating local prices, as supplies shrink across key exporters, according to Michael Magdovitz, senior analyst at Rabobank in London.
Calvin always let you make 10%-15% and then dump fast. Same tactics. He picks the seemingly good companies (mostly cyclical and commodities), you think your investment is safe because it moves up slowly. Once the trend reverses, you are caught
Act smart, Calvin. No need to keep spamming palm oil stocks. We are not kindergarten children. Real interest rates go up, commodities and value companies will benefit. Don't even need to study finance to understand this simple concept.
@plantbull It is not rocket science. Commodities stock are so easy to play; you literally just trade off the earnings. Look at every Calvin recommendations. They trade flat for YEARS and only go up max 30%. If he is so good, recommend the next Genetech lah
Keep spamming i3investor and polluting the forum. Like we get it, you like palm oil stocks. But you DONT have to talk about the SAME stock 60 minutes per hour 24 hours per day 7 days a week 365 days a year
Elo ahbah this is your update for IOI ari ni jatuh 3 sen petang nanti bleh jadi 3.83 kesian bro. Skran itu kiraan stamp duty mcm pukee mcm mane bleh untung
Sometimes I wonder if the gomen is encouraging retail participation in the local stock market or discouraging it. The increase in stamp duties from 0.1 % to more than.015 % is actually a huge increase of more than 50% and is largely negative for stocks like Taan where retail participation is quite meaningful but not instituitional tats why the upwards climb is at snail pace tnmkh
While investors in Malaysia are sceptical on the sustainability of price movement for commodities, Goldman Sachs is “extremely bullish” on commodities and mentioned that there may be a commodities supercycle that may last over a decade. While the potential for commodities bull run to run over a decade is debatable, we still cannot deny the fact that prices of items will remain high for the upcoming 2 – 3 years due to the broken global supply chain and increasing demand.
there may be a commodities supercycle that may last over a decade.
there may be a commodities supercycle that may last over a decade.
there may be a commodities supercycle that may last over a decade.
@Pinky if there is another dividend after the annnoucement of the next qtr results around 3.30 is a good buy if no dividend it will probably fall below 3.20 again people just can't wait for the next dividend
Despite a firmer palm oil futures today both favoured stocks KLK and SOP fell 16 sen and 8 sen respectively this shows instituitinal investors don't buy into too much about the palm oil stories but they could be wrong but most people donwanna fight against them
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 3324 views | 3 d ago
0:17
New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
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....
Johnzhang
3,081 posts
Posted by Johnzhang > 2022-01-07 10:43 | Report Abuse
Calvin, you and your followers must buy a lot more to weed out the weak holders , only then it will surge decisively. Hehehe...