With the trend of kretam/klk/ioi etc all ad up more than 10% rsawit turn soon sure break 0.6 easily by mnth end^^ strong data show that palm production have reduce which indirectly cpo price increase n direct reflect on the report more clearly!!!happy investing^^
Klk plantation surge more than 50%!!how about small player like rsawit/ketam (which biz mainly plantation not tat diversify as klk)? Don't miss the boat for even bigger margin!!
Cpo avg 2014 rm2382/tonne , avg 2015 rm2172/tonne, avg 2016 rm2653/tonne, avg 2017 rm2800-2900/tonne as u guys said I would said good buy for plantation sector for watever reason^^ **data from MPOC except 2017..planting n steel industry is big play role for 2017 I foresee^^
hmmm looks like the news is more favorable to Subur..anyway done buy some more today drawdown and lock the price 0.52^^ will wait for special div n good report perhaps:)
I think don't so worry first..for rsawit price still got space to move even company making lose..look at how armada shoot up from 0.58/9 to 0.75 b4 report announce?the report is more than 100x worst than rsawit but price stood much higher than rsawit..anyway just my point of view even making lose company price will shoot up still..
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....
Git13
26 posts
Posted by Git13 > 2016-11-16 14:04 | Report Abuse
Technical analysis with short term bullish signal. May hit 0.55 by end of this month.