Last year 2-3 weeks before deepavali layhong boom. Just see the technical chart the movemenr is same.History will repeat itself. Now is juz 3 weeks before deepavali guys... Jz finish reload fully sailang all in this counter.
Malaysia raises Oct crude price factor to US$4.35/bbl — document Reuters
October 11, 2018 10:49 am +08
SINGAPORE (Oct 11): Malaysian state oil firm Petronas has set the October price factor for Malaysian Crude Oil (MCO) at US$4.35 a barrel, up 45 cents from the previous month, according to a company document reviewed by Reuters on Thursday.
The monthly price factor is added to the average of Platts' dated Brent prices published in the month to derive the Malaysian crude official selling price (OSP).
Petronas changed its OSP mechanism from January 2017, basing its benchmark price on a basket of four Malaysian crude grades: Labuan, Miri Light, Kikeh and Kimanis.
The major issue in previous quarter is low egg price while production of egg improved tremendously since 4Q 2018. Couple with the rising of feed cost, the layer segment is actually making lost .
Rising of egg price will be partially offset by rising of feed cost, but don’t too optimistic, there might have loss of disposal of chicken due to bird flu. Maybe the result a little bit better than last quarter
Frankly, if with increased current good level of egg price, and moderate increase of feed cost, the result is only a bit better than last quarter? If this is the case, it is better for us to discard all the position in layhong.
But don't think this will be the way. How much the influence of bird flu? Is a big impact? Is that really?
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....
Jebard
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Posted by Jebard > 2018-10-10 20:59 | Report Abuse
Last year 2-3 weeks before deepavali layhong boom. Just see the technical chart the movemenr is same.History will repeat itself. Now is juz 3 weeks before deepavali guys... Jz finish reload fully sailang all in this counter.