Posted by 1M168 > 2012-08-24 15:26 | Report Abuse

RUNNNNNNNNNNNNNNNNNNNNNNNN... will break RM 1 soonest.

P/E break 100

Posted by euscilyn > 2012-09-11 08:01 | Report Abuse

Palm oil prices likely to hit RM3,200 by year-end
By Ooi Tee Ching

REVERSING INTO UPTREND: Palm oil is one of the commodities that has not moved up, says market strategist


PALM oil prices are likely to climb back to RM3,200 a tonne by year-end, said Jupiter Securities chief market strategist Benny Lee Wan Yu.

Yesterday, the third-month benchmark palm oil futures on the Malaysian Derivatives Exchange traded RM10 higher to close at RM2,937 a tonne.

"Palm oil prices are more or less going to trade rangebound between RM2,900 and RM3,000 a tonne in the immediate weeks. Chartwise, palm oil prices seemed to have bottomed out at RM2,820 a tonne," he said.

"So far, palm oil is one of the commodities that has not moved up. Gold, petroleum and soyabean have all gone up.

"Currently, the trading pattern is very much like that in 2010. Back then, prices went as high as RM3,900 a tonne towards the end of the year," he said.

However, Lee said this time, prices are not likely to trade as high because of high inventories.

"We see the prices reversing into an uptrend, going as high as RM3,200 by year end and peaking at RM3,400 a tonne in the first quarter of 2013," he added.

Lee was speaking on the sidelines of the International Palm Oil Sustainability Conference 2012 held here yesterday.

Also present at the conference was Malaysian Palm Oil Council chairman Datuk Lee Yeow Chor.

Cargo surveyor Intertek Agri Services put September 1 to September 10 exports at 453,302 tonnes, an increase of 27 per cent. Another surveyor, SGS, puts exports at 460,939 tonnes, up 30 per cent.

In the first 10 days of this month, crude palm oil exports jumped more than twofolds to 167,663 tonnes. The surveyors' report said the surge is a result of the government's recent decision to allow another two million tonnes of tax-free crude palm oil to be exported.

Lee concurred with the cargo surveyors' findings that palm oil export volume is doing well.

"We expect shipment to pick up in the coming months. There's strong demand for palm oil from India and Africa," he said.

When asked on price outlook, Lee replied: "Palm oil is still trading at a wide discount to soya oil of more than US$200 (RM620) a tonne. This price differential has prompted demand for more palm oil and in time, prices should start to rise again."



Read more: Palm oil prices likely to hit RM3,200 by year-end http://www.btimes.com.my/Current_News/BTIMES/articles/3200/Article/index_html#ixzz267AgflAq

Posted by kAcM@s7 > 2012-09-11 08:10 | Report Abuse

cpo always seasonal throughout the year... no worries

Posted by ramboqq > 2012-09-12 15:36 | Report Abuse

anyone can tell me rsawit still need hold hw long. less patience d.

Posted by Hustle > 2012-09-12 15:49 | Report Abuse

Averagely 3 years to grow palm oil

Posted by 1M168 > 2012-09-12 15:49 | Report Abuse

10 years based on the progress of planting ..

Posted by 1M168 > 2012-09-12 15:53 | Report Abuse

P/E 100 now .. worth to wait or not ?

Posted by chongkonghui > 2012-09-12 15:56 | Report Abuse

For plantation stocks, why chase a PE100x company?

Buy HSPLANT or even IOI can't be worst than this.

OR SHCHAN for the intrinsic value in the Land and Plantation, now 1/2 of the Fair Value of the Land.

Posted by Hustle > 2012-09-12 15:56 | Report Abuse

Shift to AWC just 6 more day can get 5% already,not necessary to wait for unknown result.

Posted by trefoil > 2012-09-12 16:32 | Report Abuse

Very stressful counter...very slow to moves!

Posted by 1M168 > 2012-09-12 16:34 | Report Abuse

Already up 1 time d if u compare with before exercise of right issue and bonus .. :-)

For me, this counter is over value .. not slow to move.

Posted by kenlee > 2012-09-15 17:27 | Report Abuse

yes, split 1:1 this early year ... if you wanna fast money, you need buy those bigger plantation like kulim, ioi, klk or fgv

Posted by Fat Cat Tim Buddy > 2012-09-15 20:52 | Report Abuse

so many plantation company, how to pick the winner ?? $*&#(%#%)_)#%$ headache..

Posted by alexisvics > 2012-09-16 11:07 | Report Abuse

should buy Kulim or Kulim-Wc. Still cheap. But contra is quite risky. Buy and keep a few months.

Posted by tonylim > 2012-09-16 11:35 | Report Abuse

Alex
Where you see the upside of kulim wc

Posted by alexisvics > 2012-09-16 15:54 | Report Abuse

Well, Kulim wc has to see her mothers' face first. If Kulim rebounds then it has chance to move. Like I said before, this counter is high risk to play but it has potential to move when the security comission approves the revision of exercise price after the special dividend pay out.

Posted by skyu > 2012-09-20 13:57 | Report Abuse

this counter is over valued, xPE AT 93, something we dont know ?

Posted by buybuybuy > 2012-09-24 18:00 | Report Abuse

Rsawit will have technical rebound within this few days. This company still expanding the land bank which will ensure the company has a great growth rate over the years. Trading buy 1.04

Posted by Hong2 > 2012-09-24 21:38 | Report Abuse

It's seems to good news! Hopefully today's drop in CPO will not affect the RSawit from rebound.....

Posted by buybuybuy > 2012-09-25 11:17 | Report Abuse

Trading buy call on Rsawit. If you want to earn fast money , u should invest this stock now. Short term target 1 dollar.

Posted by buybuybuy > 2012-09-25 14:49 | Report Abuse

CPO price will bounce back after sharp drop from last 5 days. Which meant the plantation share will have technical rebound soon. Trading buy call 1.00

Posted by 1M168 > 2012-09-25 14:52 | Report Abuse

fair value RM 0.50

Posted by buybuybuy > 2012-09-25 15:16 | Report Abuse

Target price 1.16 and expect technical rebound to 1.00 within this few days.

Posted by buybuybuy > 2012-09-26 06:05 | Report Abuse

CPO price expect to bounce back today so the plantation stock step into technical correction period where we can see rsawit push to 0.99-1.05

Posted by hw0706 > 2012-09-26 07:22 | Report Abuse

The period of super-normal profit induced many plantation companies to open up new land for cultivation of palm oil. Due to time lag, where oil palm trees can only start to produce FFB after 3-4 years (while the more productive age is above 7 years old), the increase in oil palm estate land did not make a dent in the price of CPO for the past few years.

However, as the tree begins to reach the age of 7th year, the FFB output should increase significantly in the next few years. This increase will result in the supply curve shifting to the right. This shifting of the supply curve will result in a new price equilibrium with prices dropping back

Posted by hw0706 > 2012-09-26 07:23 | Report Abuse

Some may argue that the demand by consumers in China & India are still strong. I doubt so. And, so is the demand for use in biodiesel. However, this additional demand has been factored into the demand curve and the increase (if any) will be marginal and this would not represent a shift in the demand curve. As such, I do not foresee CPO going back to the heyday of RM4000 per tonne. In fact, I believe there is greater likelihood of CPO dropping further to possibly RM2000 per tonne

Posted by stock5678 > 2012-09-26 07:40 | Report Abuse

Just wondering someone said Rsawit PE over 100 right? i think wrong calculation already. PE should use 1 year profit / share in market.

Posted by joseph hii > 2012-09-26 08:00 | Report Abuse

plantation why recently keep droping?

Posted by stock5678 > 2012-09-26 08:05 | Report Abuse

time for you to accumulate :)

Posted by sean > 2012-09-26 08:38 | Report Abuse

shd be go sideway, but shd be time to accumulate

Posted by ongtkong > 2012-09-26 08:49 | Report Abuse

what price is good for pick-up?

Posted by 1M168 > 2012-09-26 09:22 | Report Abuse

Fair Value RM 0.50 ...Not a right time yet.

Posted by 1M168 > 2012-09-26 09:24 | Report Abuse

P/E is 90+ with Half Year EPS only RM 0.005...

RM 0.60 - RM 0.65 only worth to buy ..

But fair value with current profit and asset .. RM 0.50

Posted by 1M168 > 2012-09-26 09:29 | Report Abuse

Buy Buy Buy maybe holding a lots at price RM 1 > ..

In fact, you have hold and wait for 2 -3 years then Rsawit only can back to RM 1.20 above. So wait for the right time ..

Drop and up also need time ... :-)

Posted by Yuzuki > 2012-09-26 09:50 | Report Abuse

strong buy plantation stocks .... strong goreng stock ... no ta but only fa involved ....

Posted by Jackpot > 2012-09-26 10:07 | Report Abuse

What goes up must comes down and what goes down will goes up, bros!
the faster it climbs the harder it fall, and the faster it dips the faster it recover too.
Doesn't anyone agree with me on this matter? Look at the index it drop too fast and steep during 2008. It recovered within the next 2 years. So if American, European, Chinese and our gov keep pumping the stimulus to the market it only create articifial growth which will only later reaches it equilibrium. which is happening now. the growth is stalled and we may head for a down dip or great depression of all time. Greed is the nature of all human and races!

Posted by buybuybuy > 2012-09-26 11:47 | Report Abuse

agree with 1m168. Time to sell the share. Cut the loss now and buy back later @ 0.50

Posted by buybuybuy > 2012-09-27 12:02 | Report Abuse

Cpo stock rise again due to euro crisis concern which drag down the demand of CPO. Next quarter financial report profit will drop at least 40% when comparing to last year financial report. Down trend has formed and Next support at 0.89 ..

Posted by ongtkong > 2012-09-27 14:00 | Report Abuse

Wah, wait for 50 sen, long time lor. will buy some @ 0.85

Posted by buybuybuy > 2012-09-28 13:59 | Report Abuse

selling pressure still heavy where we can see the share will drop significantly in next few days.

Posted by profit profits > 2012-09-29 20:10 | Report Abuse

rsawit is not the cheapest oilpalm stock, pinepac is even cheaper and harvest ready next year.

anyway i dun see future in oilpalm stock as the supply is much higher than demand and it will be more and more supply than demand (like the rubber supply in 60s and 70s).

why is that so is all bcos too many companies joined to plant oil palm. b4 2009, co like metrok, delloyd, kfima and jtiasa may be laughed at their competitors like orient, sindora, kseng and cbip for lost focus in manufacturing and planting oilpalm. after hv seen those companies made profits they also join queue and plant oilpalm. their estates now hv given big impact to market of cpo. do u know shipping company like syscorp also plant oilpalm ? selling burger and rootbeer is no longer good business, so kub also invest in oilpalm business.

if all toms and dicks jump into oilpalm business, will this business get better ?

Posted by Hong2 > 2012-09-29 21:12 | Report Abuse

Yr2011 declared bonus and right issue in Sept/Oct...hope the same for this year, despites cpo drop! :):)

Posted by 1M168 > 2012-10-01 12:11 | Report Abuse

where the news came from about bonus and right issue again ????

Issue SUKUK better ..

Posted by DUnkin > 2012-10-01 12:13 | Report Abuse

rsawit wont issue any bonus/right for now

Posted by ongtkong > 2012-10-09 01:05 | Report Abuse

Can someone please comment on the potential of this stock? How is the technical reading ? Thanks All.

Posted by buybuybuy > 2012-10-11 12:00 | Report Abuse

This share has broken its uptrend line support and it's going down trend at the moment. The volume still very low which meant the investor still looking for lower price to buy back and expect this share drop further .. 0.85 can start buying..

Posted by ongtkong > 2012-10-11 12:07 | Report Abuse

Thanks buybuybuy for your input. I will wait at 85sen level

Posted by yfchong > 2012-10-25 13:05 | Report Abuse

Let enter low as suggested now price for CPO still fluctuate..........till ....

Posted by ampabella > 2012-10-26 23:08 | Report Abuse

slow moving up again , ada chance to go back above rm1.00

Posted by buybuybuy > 2012-10-29 12:13 | Report Abuse

another sharp decreasing is expecting after the technical rebound. Time to take profit now before the price drop again. Don't be greedy.. The next quater result is getting worse due to the the low CPO and the report will drive the price down further when they release the financial report.