dvid19621, what do you think of the CPO price in moving forward? If you think it's going to increase, then plantation counters are good buy. If not, then better dont buy such counters.
The previous financial results release has mentioned the proposal of 2 sen dividends. The management is in view to retain some profits for CAPEX/OPEX uses.
as population increase, the consumption of palm oil will increase. if it is too late to cut lost, then just hold. one day (can't tell when) it will go up. although plantation shares looks stable (the land will never run), but it is cyclical and we have to consider the capex. Next time I will not invest on plantation counter.
El Nino may be materialized and drive the growth of CPO price. It's time to accumulate more plantation shares especially for those which have been beaten down.
I bought it since last year.....huge lost...very very hurt....once of the worse investment counters i jumped into. How could i not see the down trend graph...dreaming.
Introducing MY's First IPO Fund for Sophisticated Investors!
MQ Chat
New Update. Discover investment communities that resonate with your ideas
MQ Trader
M & A Value Partners IPO Equity Fund has been launched - Targeted 13% Return p.a
Latest Videos
0:17
New IPO: Building management systems (BMS), solar thermal systems and energy-saving services provider, Solar District Cooling Bhd aims to list on the Ace 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....
winson_ming
160 posts
Posted by winson_ming > 2014-12-10 16:44 | Report Abuse
IC...THANK YOU OZZIE75