Next support line at 1.50/51. If price cont to slide down, next line of defence ~ 1.45 (MA20 on weekly chart). Hopefully it does not cont to go down south.
NYSE tumbled, foreign funds flow out from KLSE for higher US bond yields and interest. No choice then, get myself prepared to hold it for the next two years or more.
just see all the plantation counters. all display similar pattern and chart. Not just TSH. That only mean one thing, the plantation is now fully controlled.
truth is, keep cash and stay on the sidelines is the best decision for now seems the Director also stop shopping spree and collecting liao.. wait till the official announcement, Director Disposed 888***** units
EXCLUSIVE-Malaysia may cut palm oil export tax amid global supply crisis - Reuters News 10-May-2022 02:46:16 PM
KUALA LUMPUR, May 10 (Reuters) - Malaysia is considering cutting its export tax on palm oil and plans to slow implementation of its biodiesel mandate to help meet global demand amid an edible oil shortage, its commodities minister told Reuters on Tuesday.
Plantation Industries and Commodities Minister Zuraida Kamaruddin said in an interview her ministry has already proposed the cut to the finance ministry, which has set up a committee to look into the details.
Malaysia, the world's second-largest palm oil producer, could cut the tax to 4%-6% from the current 8%, she said.
The cut would likely be temporary and a decision could be made as early as June, Zuraida said.
i3 Accounts to Blacklist 1. DickyMe (No 1 short-seller on i3investor) 2. Koon Yew Yin (Market manipulator) 3. VTrade 4. bulldog (pump and dump) 5. Mabel (bagholder)
TSH shares & other palm oil stocks are oversold. Those bought earlier below today current price, hold tight, BE CALM, don't picnic sell because TSH has very strong fundamental and going to make better profit FY2022 than last year. When overall are good for palm oil stocks to rise higher, market keep selling the other way. This show that something is wrong? Common sense thinking - big players are buying @ cheaper price from weaker retail investors in share mkt battlefield. Only 5-10% of us here can win the battlefield by holding tight TSH & other palm oil stocks because palm oil stocks will soar historical high in this long Palm Oil Super Bull Run 2022-2023...
Post a Comment
People who like this
New Topic
You should check in on some of those fields below.
Title
Category
Comment
Confirmation
Click Confirm to delete this Forum Thread and all the associated comments.
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....
Anaconder
1,031 posts
Posted by Anaconder > 2022-05-10 10:38 | Report Abuse
RM 1.50 I think can be achieve