Posted by titan3322 > 2022-03-07 20:26 | Report Abuse

Time to buy back lor. Plantations remain the best bet in the current situation and coupled with attractive dividends the risk and reward ratio clearly favors the latter lor

Posted by Johnzhang > 2022-03-08 06:26 | Report Abuse

Shoppers scramble for staples as food fallout from war spread

March 07, 2022 22:40 pm +08

ISTANBUL/LONDON/CAIRO (March 7): The shockwaves in global crop markets from Russia's invasion of Ukraine are now spreading to store shelves.

Worries about surging sunflower oil prices triggered heavy buying over the weekend in Turkey, as footage of citizens trying to grab tins of cheaper oil at one store went viral. In Egypt, the world's biggest wheat importer, prices for some unsubsidised bread have jumped in the past week.

The war has already driven wheat prices nearly 70% higher in Chicago this year and is threatening to upend global food trade ? Russia and Ukraine are vital suppliers of grains, vegetable oil, and fertilisers, which means that supply disruptions will be felt all over the world. Wheat prices have reached levels last seen during the 2008 global food-price crisis ? which helped spark widespread protests ? and a United Nations index of food prices hit a record in February.
In Turkey, sunflower oil is the main cooking oil and a key component of food spending. Images of a 18-litre tin being sold for 989 liras (US$69) spurred debates on the cost of living, while the item was not available at all on the websites of some grocery chains.

The concern over sunflower oil prices is related to imports stuck at ships at the Sea of Azov, the north-eastern tip of the Black Sea, according to Ahmet Atici, secretary-general of the Vegetable Oil Industry. The group sent a letter to the Trade Ministry earlier this month, warning that current supplies might last only to mid-April.

A trade group in the European Union has warned it could run dry of sunflower oil by a similar time, with the lost volumes from Ukraine impossible to offset .

Ukraine and Russia together account for about three quarters of global exports of sunflower oil.

Posted by titan3322 > 2022-03-08 09:29 | Report Abuse

I bought back a bus from 4.75 to 4.81 semua matched hehe. Operator took the opportunity to supress it hehe. Good value now

Posted by casanwk > 2022-03-08 09:59 | Report Abuse

Is a wild roller coaster
Hold tight2
Going up again
Hihihi

Posted by titan3322 > 2022-03-08 10:22 | Report Abuse

Sudah dark green lor hehe

Posted by markgold > 2022-03-08 12:19 | Report Abuse

Sellers of plantation stocks will regret very soon.

Posted by titan3322 > 2022-03-08 13:51 | Report Abuse

While Datuk Wong is selling some smart foreign money are picking up plantation stocks esp big cap ones

Posted by titan3322 > 2022-03-08 19:57 | Report Abuse

You can take comfort that despite the market retreated close to 26 points most plantation stocks were also not spared. Taan and BPlant
could still able to close higher

Posted by casanwk > 2022-03-08 20:13 | Report Abuse

Ex dividend date 15 March 22 - Source from simply wall street. Up b4 of this reason?

Posted by calvintaneng > 2022-03-08 22:19 |

Post removed.Why?

Posted by huatallplant > 2022-03-09 14:55 | Report Abuse

mali mali

Posted by huatallplant > 2022-03-09 14:56 | Report Abuse

come back gogogogoogogogogogo all palm

Posted by huatallplant > 2022-03-09 14:56 | Report Abuse

push push push banker still inside

Posted by Golf123 > 2022-03-09 15:30 | Report Abuse

Perplexed,

Taann price steady, in fact slightly up over 5rm despite directors selling though not overly heavy.

Look at top glove dropping to 1.80rm today and directors buying heavily.

Some discussion please, looks like Taann is solid and top glove is siding

Posted by Golf123 > 2022-03-09 15:48 | Report Abuse

Calvin.....right, palm oil the new star, right sector, good old fashion business, food and power

Posted by casanwk > 2022-03-09 16:24 | Report Abuse

Price also B wave (uptrend)
Price target 550

Posted by huatallplant > 2022-03-09 16:26 | Report Abuse

smart smart la upupupupupupup gogogogogogogogo

Posted by titan3322 > 2022-03-09 16:44 | Report Abuse

Temptation to take profit is there but after selling what to buy leh

Posted by casanwk > 2022-03-09 16:51 | Report Abuse

Look 4 small window- pullback
Buy again..
Hahaha

Posted by Abba84 > 2022-03-09 18:02 | Report Abuse

wallstreetrookie

US CBP seized Malaysian palm oil products. Nice, news released at 4.51pm after Malaysian market closes. The mere coincidence is amazing

49 minutes ago

Posted by Abba84 > 2022-03-09 18:06 | Report Abuse

Will there b panic sellers tmrrw b this news?

Posted by brianklc > 2022-03-09 18:37 | Report Abuse

The only person who panics is YOU

Posted by brianklc > 2022-03-09 18:44 | Report Abuse

Everyone knows it?s only Sime Darby n u go and sing in all CPO pages. Yday with ur demand destruction, today this.

Posted by brianklc > 2022-03-09 19:14 | Report Abuse

https://m.malaysiakini.com/news/613731

Posted by brianklc > 2022-03-09 19:16 | Report Abuse

It?s nothing new

Posted by Golf123 > 2022-03-09 22:57 | Report Abuse

Dow up 600 pts, Ukraine/Russia may reach agreement.....

Posted by casanwk > 2022-03-10 11:56 | Report Abuse

Gogogo 550

Posted by casanwk > 2022-03-10 12:12 | Report Abuse

Fcpo March future
Approaching 8000 again

Posted by casanwk > 2022-03-10 12:27 | Report Abuse

Inverted head and shoulder? - very bullish
(1 hour)

Posted by titan3322 > 2022-03-10 12:31 | Report Abuse

Latuk Wong has stopped ka hehe

Posted by casanwk > 2022-03-10 12:36 | Report Abuse

Most probably he got enough cash on hand to give hari raya ang pow 4 his wkrs
Hhhh

Posted by supersinginvestor > 2022-03-10 13:58 | Report Abuse

ONLY A FOOL WILL THINK CPO OR PLANTATIONS GOING DOWN...
ONLY WAY IS UP...

Posted by Golf123 > 2022-03-11 07:17 | Report Abuse

Hold long term,
with good dividend will survive

Posted by markgold > 2022-03-11 10:25 | Report Abuse

Be patient. time is on our side.

Posted by casanwk > 2022-03-11 11:03 | Report Abuse

Support 528?

Posted by Johnzhang > 2022-03-11 11:22 | Report Abuse

Local IBs still overly conservative on plantation/CPO like they have been for past 2 years . Taann worth much more .

Posted by pang72 > 14 minutes ago | Report Abuse

Taann tp6. 4 by rhb..

Posted by VincentTang > 2022-03-11 11:37 | Report Abuse

FCPO price start drop now, please check.

Posted by VincentTang > 2022-03-11 11:37 | Report Abuse

Hang Seng drop 3.8% now

Posted by titan3322 > 2022-03-11 11:48 | Report Abuse

Most people know the price of CPO is going higher and higher but no one is telling the cost is also going up higher fertilizer labour etc all going up but production is going down I think tats why latuk wong is selling

Posted by casanwk > 2022-03-11 11:56 | Report Abuse

Smart $ is trying to reach 570. - complete the wave pattern . After 570 - sky no limit.....
Cheers!

Posted by casanwk > 2022-03-11 13:06 | Report Abuse

Any fertiliser stocks to share?
(Unrelated matter)

Posted by VincentTang > 2022-03-11 13:28 | Report Abuse

Wow, palm oil price drop 3.02% today but palm oil stock up. Wait and see how much palm oil stock can up if palm oil price drop.

Posted by Thomas Chan Yeu Wai > 2022-03-11 13:40 | Report Abuse

Hi peeps, can share which source you track palm oil price? today i try to search, market insider says RM7,715. Then MPOB showing RM6,961. Confused.

Posted by Johnzhang > 2022-03-11 17:14 | Report Abuse

Thomas, you can read the daily spot CPO price update by MPOB daily basis via below link. Many years data are also available.

https://bepi.mpob.gov.my/admin2/price_local_daily_view_cpo_msia.php?more=Y&jenis=1Y&tahun=2022
Posted by Thomas Chan Yeu Wai > 3 hours ago | Report Abuse

Hi peeps, can share which source you track palm oil price? today i try to search, market insider says RM7,715. Then MPOB showing RM6,961. Confused.

Posted by Johnzhang > 2022-03-11 17:15 | Report Abuse

For future prices, go to Bursa website under derivatives.

Posted by titan3322 > 2022-03-11 17:17 | Report Abuse

Saya punya TP pun belum sampai itu latuk wong hari2 kasi jual susah la mcm ni

Posted by Golf123 > 2022-03-12 12:35 | Report Abuse

Share price consiletsfing....

Posted by calvintaneng > 2022-03-13 21:58 |

Post removed.Why?

Posted by Thomas Chan Yeu Wai > 2022-03-14 08:52 | Report Abuse

thank u JohnZhang!

Posted by titan3322 > 2022-03-14 09:41 | Report Abuse

Today operators at work buy for the dividend lor this round 5 sen next round 20 sen lor