Posted by mudevil7 > 2016-01-06 09:34 | Report Abuse

too risky to buy at 0.63?

Posted by speakup > 2016-01-06 09:39 | Report Abuse

game over!

Posted by hng33 > 2016-01-06 09:50 | Report Abuse

Bought back again at 62.5-63sen

Posted by hng33 > 2016-01-06 09:58 | Report Abuse

Sold off all back again at 64.5sen

Posted by onegoodtrade > 2016-01-06 10:23 | Report Abuse

I buy at 0.515 and sell at 0.635.

Posted by HengLiang > 2016-01-06 10:38 | Report Abuse

better take profit 1st...will drop back

Posted by speakup > 2016-01-06 10:52 | Report Abuse

already said GAME OVER!

Posted by hng33 > 2016-01-06 12:04 | Report Abuse

Bought back again at 61-61.5sen

Posted by murali > 2016-01-06 12:23 | Report Abuse

Posted by alphajack > Jan 6, 2016 11:39 AM | Report Abuse

rsawit will easily hit 80c by month end la no need to bad moutn murail you don't know anything

One Very Senior Trader leading a big trading team handling lots of funds gave his TP....

Posted by alphajack > 2016-01-06 13:43 | Report Abuse

a giant as awaken..80c easily..

why u all so scared.

don't you even know rsawit has young trees among all oil palm producers hahahahaha

you all newbies learn la, jtiasa I rdy said 1.80 all don't wanna listen. caya la lu newbies

Posted by hng33 > 2016-01-06 15:25 | Report Abuse

Sold back all at 62-62.5sen

Posted by samgross > 2016-01-06 18:29 | Report Abuse

Bought 0.625 sold 0.62

Posted by snapper007 > 2016-01-06 22:16 | Report Abuse

Tomorrow will be shot again

Posted by turbinehead10 > 2016-01-06 22:45 | Report Abuse

Indeed tomorrow big gain

Posted by hng33 > 2016-01-08 09:07 | Report Abuse

Bought back at 59-59.5sen

Posted by hng33 > 2016-01-08 09:09 | Report Abuse

Bought more RS at 60sen

Posted by hng33 > 2016-01-08 09:49 | Report Abuse

Sold back RS at 60.5sen

Posted by alphajack > 2016-01-13 08:49 | Report Abuse

need patience..seasonal strength favors oil palm and many state governments running out of water now due to the hot weather.

Patient a bit, el nino will cause price to peak soon to 2600-2700 around Feb-March

Keep 2 months, target 40-50% return here. 85-90c

JayaTiasa already proven me right.

See to believe

Posted by DreamGladiator > 2016-01-13 08:52 | Report Abuse

what TP

Posted by alphajack > 2016-01-13 08:53 | Report Abuse

80c in a month

Posted by hng33 > 2016-01-18 12:21 | Report Abuse

Bought back RS at 53sen

Posted by hng33 > 2016-01-19 14:23 | Report Abuse

Rebounding back :D)

Posted by Johnsonwong > 2016-01-20 08:40 | Report Abuse

KUALA LUMPUR: Malaysian palm oil futures staged a turnaround on Tuesday to notch modest gains as traders grew bullish on more pronounced forecasts of lower production.

The palm oil contract for April on the Bursa Malaysia Derivatives Exchange rose 0.3 percent to 2,477 ringgit ($567.79) per tonne at the end of the trading day. It earlier fell as much as 0.5 percent.

Traded volume stood at 42,607 lots of 25 tonnes each.

"Lower production in January and February is very prominent," said a palm trader in Kuala Lumpur.

"By March, if prices remain where it is now, the export tax for crude palm oil will kick in. Thus, buyers will buy before that happens."

Malaysia imposes a crude palm oil export tax when prices go above 2,250 ringgit per tonne. The tax starts from 4.5 percent and can reach a maximum of 8.5 percent.

Palm oil production in top producers Malaysia and Indonesia is seen taking a hit this year due to the dry weather impacts of the El Nino, which reduces fresh fruit yields and lowers crude palm oil production.

Malaysian output is expected to decline marginally to 19.8 million tonnes in 2016, Thomas Mielke, editor of Hamburg-based newsletter Oil World, said at a palm oil economic review and seminar on Tuesday.

He added that production from top producer Indonesia will, however, rise slightly to 34 million tonnes.

Palm oil may seek a support at 2,455 ringgit per tonne and then retest the resistance at 2,495 ringgit, said Wang Tao, Reuters market analyst for commodities and energy technicals.

In competing vegetable oils, the May soybean oil contract on the Dalian Commodity Exchange rose 1.1 percent.

Posted by Johnsonwong > 2016-01-20 08:50 | Report Abuse

Indonesia to export lesser palm oil in 2016

Reported by: `CT Report January 19, 2016

KUALA LUMPUR: Indonesia will export lesser palm oil this year as it uses more of the commodity at home to blend into biodiesel, an industry group said, putting the country on track for its first drop in overseas sales of the tropical oil in five years.

The world’s top producer and exporter of palm oil is seen shipping out 23-24 million tonnes of the edible oil this year, said Fadhil Hasan, executive director of the Indonesian Palm Oil Association (GAPKI), as much as 9 percent below year-ago levels.

Lower exports could propel further gains in benchmark palm oil futures that are currently near a three-week top of 2,495 ringgit ($570.16) per metric tons. Last year, prices rallied 10 percent on biodiesel demand hopes and worries of damage to yields from dryness linked to an ongoing El Nino weather event.

“Hopefully in 2016 (biodiesel consumption) will increase significantly,” GAPKI’s Hasan said at a palm oil economic review seminar in Kuala Lumpur on Tuesday.

While Indonesia’s palm oil output this year will be higher than previously expected, given signs the El Nino is easing and as new plantations come online, exports will be less than 2015 because of domestic market absorption, he said.

Indonesia’s palm oil shipments have risen over the past few years, from 16.42 million metric tons in 2010/11 to 25.3 million metric tons last year, US Department of Agriculture data shows.

But the trend is likely to change this year with the country promoting the use of biodiesel to cut its oil import bill and to mop up its supplies of crude palm oil. Last year, Indonesia raised biodiesel subsidies and the minimum bio content in diesel fuel to 15 percent from 10 percent. Palm prices could climb to $580 to $600 per metric tons in 2016, Hasan said, although higher Indonesian output will cap gains.

He pegged the country’s palm oil output at 35 million metric tons this year, versus 32.5 million tonnes in 2015. GAPKI had earlier forecast output at 33.5 million metric tons for 2016. “Apparently we see that the El Nino now is easing, as some parts of Indonesia are seeing rain,” Hasan said.

“The expansion of Indonesian palm oil plantation in the last three to four years was big, around 500,000 hectares per year, so even if [production is] affected by El Nino, it will be compensated by new harvested crops.”

Palm output in Malaysia, the world’s No.2 producer, is also expected to rise, to 20.1 million metric tons in 2016 from 19.96 million metric tons a year ago, the Malaysian Palm Oil Board said on Tuesday.

Posted by hng33 > 2016-01-20 09:44 | Report Abuse

Sold back RS at 54.5-55sen, lock in profit first

Posted by Shadows > 2016-01-27 10:13 | Report Abuse

What is the TP for this counter?

Posted by Shadows > 2016-01-27 10:56 | Report Abuse

http://www.thestar.com.my/business/business-news/2016/01/27/cpo-price-expected-to-average-rm2590-this-year/

Posted by hng33 > 2016-02-02 09:49 | Report Abuse

Bought RS at 53sen

Posted by Shadows > 2016-02-03 14:40 | Report Abuse

Good news...palm oil price at RM2515 and USD apprrciate against RM.

Posted by vxpoison > 2016-02-03 15:20 | Report Abuse

sure can fly mou?

Posted by hng33 > 2016-02-04 16:02 | Report Abuse

Sold back RS at 55sen

Posted by vxpoison > 2016-02-11 20:36 | Report Abuse

aiyo.... sold off at 0.575!! should hold a bit longer.

Posted by Sebastian Sted Power > 2016-02-12 09:06 | Report Abuse

CPO price up again. Reaching 2600

Posted by fezbone84 > 2016-02-14 22:32 | Report Abuse

RSAWIT TA wise tak cantik, but with CPO price up above 2600, it's hard to guess which direction RSAWIT will go tomorrow...hopefully naik la...

Posted by xjteh > 2016-02-23 13:44 | Report Abuse

RS is building a big round bottom around .465 - .600, this may be the end of the 5yrs bear market for RS once it breakout of .600. Let's wait for second trial of breakout.

Posted by cybermen35 > 2016-02-26 19:00 | Report Abuse

Loss before taxation increased to RM31.6 million compared to RM5.2mil pre-tax loss
recorded in 2014’s corresponding quarter. This was mainly due to higher
administrative cost resulted from the provision of impairment loss amounting to
RM19.69 million on investment in an associate, which was required in tandem with
the low average FFB price in 2015
can anyone know... which "impairment loss amounting to
RM19.69 million on investment in an associate" do they refer here ,,,

Posted by kk123 > 2016-03-11 20:33 | Report Abuse

Time for tiong hiew king to goreng..at current price it seems low enough ...

Posted by jehovahnissi > 2016-03-15 10:46 | Report Abuse

God bless Rsawit abundantly

Posted by chamlo > 2016-03-20 15:06 | Report Abuse

Climatology and physical oceanography expert Prof Dr Fredolin Tangang was quoted as saying the drought would be likely to continue affecting the whole region, with Sabah and northern Sarawak being the hardest hit in the next two months.
http://www.freemalaysiatoday.com/category/nation/2016/03/20/scorching-heat-until-june-says-weather-expert/

Posted by sheep > 2016-03-20 15:10 | Report Abuse

Rsawit plantations affected. Their productions, yield drops...how to untung? pr should drop.

Posted by calvintaneng > 2016-03-20 15:56 | Report Abuse

Production yield drops due to El Nino. How to untung?

Answer:

Production yield might drop by 10% to 20% BUT PRICE CAN GO UP 60% to 80%

So The Bottom Line IS STILL MORE PROFIT!

Posted by calvintaneng > 2016-03-20 15:57 | Report Abuse

CPO Price Can Go From Rm2,000 a ton to Rm4,000 per ton!

Posted by duncan2 > 2016-03-20 18:16 | Report Abuse

Calvin, so far beside jtiasa and rsawit, any other counters could possibly surge when cpo go up further?

Posted by calvintaneng > 2016-03-20 19:54 | Report Abuse

Duncan2

A rising tide lifts all boats. So all plantation stocks will rise in unison. How much or by how many percent we won't know until then. There might be surprises when Mr Market turned crazy and chase some up higher than others. Also syndicates join in to goreng. All must very careful then and don't get carried away. For now it is still safe to buy Oil Palm counters.

Posted by veln82k6 > 2016-03-21 22:25 | Report Abuse

Please be careful..I dont think plantioon is a good buy. Look at the production. The cpo price increase due to low production. If the production keep dropping, the increase in cpo price only enough to compensate the low production. Please check monthly FFB production announcement.

Posted by Jolin Lai Chi Pet > 2016-03-22 07:23 | Report Abuse

if calvin come here, u all better sell!!!!!!!! be wise this time.............

Posted by calvintaneng > 2016-03-22 10:00 | Report Abuse

RSAWIT?

ROARING SAWIT!

WILL ROAR ALL THE WAY TO RM1.00!

BY THE POWER OF EL NINO & LA NINA

Posted by Johnson Wong > 2016-03-22 23:01 | Report Abuse

Financial report every quarters lose money.NO confident

Posted by Johnsonwong > 2016-04-04 11:35 | Report Abuse

http://www.theborneopost.com/2016/04/03/el-nino-heats-up-change-for-plantations/

Posted by Johnsonwong > 2016-04-05 10:43 | Report Abuse

http://www.thestar.com.my/business/business-news/2016/04/05/palm-oil-gains-on-weaker-ringgit-tracks-competing-oils/