@wallstreetrookie....this calvin fellow picks the weak spot of retailers. Retailers thrive on FOMO trades and he uses such language like buy kaw kaw and become millionaire etc
he does not respect other people's views and claims to be smarter than IBs and everyone else. What's worse is using god's name to ask people to buy palm oil. Blasphemous!
from my humble observation, there are a handful of good and responsible bloggers like csan. He recommended Tecguan when it was Rm1.60 and when it shot up to Rm2.00 he even recommended people to take profit. Good bloggers do not brag when they make good calls unlike some we know
i suppose Calvin does not know how much the bottom will be although he has done an analysis of the shares. if everyone knows they are going to lose money, they would have waited instead of making a loss including me.
@skoh888 correct. I made a good call in Bonia, but I seriously never bragged about it. Keep being humble, i never made a blog post also. Just keep quiet and take the money.
Just my 2 cents on why I think plantation stocks may have peaked....1) peak earnings- markets discount things 6 months ahead ahead we may have seen the cpo price top. 2) Dorab Mistry, a prominent CPO veteran reiterated his view that CPO prices have peaked and is heading to RM5000 by June
according to the report, the indonesia export ban could last until july. That is why tsh is going down because 85% of their palm oil land in indonesia.
@s3phiroth The report is true but I guess Indonesia can't afford to ban it for too long. It is the votes from the people more important than its economy but they will also feel the pinch after its export revenue drop tremendously later.
I am here to criticise your strategy so take it with a pinch of salt. The market does not care about your thesis. You can be right about directional trades but wrong about your timing Take an example: Michael Burry who shorted the housing crisis How much did he lose before making profits in the end? Warren Buffett missed out on Amazon, Google and Bitcoin. Same with Peter Lynch
I know pang72, somebody calls him contra king. Most of his prediction is also accurate but he is also hated by many mainly those that follow his "tail" to buy high and sell low after that.
1.25? It is not bad after all. I can divert my fund from other stocks if it hit around that price. Short term bet is the duration of the Indonesia ban, I guess.
Plantation play is over lah. Smart money play Gloves, then they play Tech, then they play Plantations, now they play O&G. That's why panic buying @ Hengyuan & Petronm
I don't think anyone can get the correct timing in share market, or Forex for that matter otherwise who wants to buy high? On one side the winner, the other side must be the looser.
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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....
wallstreetrookie
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Posted by wallstreetrookie > 2022-05-12 10:44 | Report Abuse
Still can buy?