With the Rise of housing starts plus Plywood prices up 60% (Note: Japan plywood prices not the same as USA. While USA plywood prices dropped Japan Plywood prices skyrocketed up due to banning of Russian plywood)
Those still in profit- take money off the table. US comforty inflation is 2 to 3% - now is 6 % only. More interest rate is coming n FEd hawkish tone to crush inflation. Long term investors can continue to hold and cheers on to collect cheap tickets . Good luck
Aug 29): Goldman Sachs Group Inc urged investors to pile into commodities as most recession risks coursing through global markets are overblown in the near term, arguing that raw materials stand to rebound amid a profound energy crisis and tight physical fundamentals.
“Our economists view the risk of a recession outside Europe in the next 12 months as relatively low,” analysts including Sabine Schels, Jeffrey Currie and Damien Courvalin wrote in a note. “With oil the commodity of last resort in an era of severe energy shortages, we believe the pullback in the entire oil complex provides an attractive entry point for long-only investments.”
If this d fifth wave of lower timeframe (15 minutes) If so, pullback likely to be short. Next it will goes sideway for a long times( week) due 2 interest rate hike. Meantime can goes for gold trading or physical gold - preparation to takeoff... (Coffeetalk)
Frankly SOP is the better plantation stock but bcoz it pays only 4 sen while Taan 15 sen. Taan has atttraced investors looking for high div stock. I have said earlier people are cash hungry irrespective which is better for the longer term !
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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....
Pinky
3,465 posts
Posted by Pinky > 2022-08-03 15:02 | Report Abuse
Edge today
Maybank say BUY