“Malaysian ringgit’s fundamentals remain supportive due to elevated commodity prices,” said Divya Devesh, head of Asean and South-Asia foreign-exchange research at Standard Chartered Bank in Singapore. “We expect dollar ringgit to trade in a wide 4.20-to-4.30 range in the second quarter, before recovering toward 4.20 by end of June on the back of Malaysia’s very strong trade surplus.” One of the worrying signs for the ringgit is the retracement in oil prices even as the war in Ukraine continues to rage. Crude has dropped about 20% from its peak set last month as lockdowns in China have cut the outlook for demand. Malaysia is an energy exporter. Taken together, the dovish central bank and the uncertain outlook for oil suggest the ringgit will have a difficult time making any headway against the all-conquering dollar
Calvin, in terms of per ton basis, what is the current price of sunflower oil and soyoil in USD. Just curious what is the price difference or premium against CPO
With export ban, Malaysian CPO will sell like hot cake. It is definately very good for the 100% Malaysia based plantations like Taann, SOP, SWKplant, cepat, MHC, Bplant .
Ok to give u a good picture on palmoil ban by indonesia;
Indonesia producer can only sell domestically at Rm 3500 to Rm 4500 loh! Their production cost is Rm 1500 to Rm 2000 loh! Still making good profit but much less loh!
Msia producer can sell Rm 6500 to Rm 7500 mah! Msian producers cost at Rm 2000 to Rm 2400, can make super abnormal profit loh!
Those who think indo planter will suffer big after the export ban maybe dont know that they hv to pay huge export levy up to max usd375 and export tax up to max usd200 a tonne. So they dont really make extraordinary profit from export compare to profit from domestic market.
When u buy shares loved by goreng kaki retailers.u better be ready for this... Good shares.. but retailers react panicky..if u got stomach for dat then ok..
U know.. Calvin is a simpleton.. His shares sure will go up 200% n 300% as he claims... But..... I doubt any will last till then... Most will be bust or heart attack or stroke before.. I want to write a blog... Called calvins shares will give u stroke n heart attack...no point money oso then..
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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....
titan3322
2,610 posts
Posted by titan3322 > 2022-04-15 16:18 | Report Abuse
Taan sudah cantik lor haha