The economic effects of ECRL is huge as it is under China's 1 belt 1 road which is meant for trade and mutually benefited by countries involved. That is why you can see a big drop in sales in palm oil in 2018 compared to 2017 and also number of China's tourists decreased tremendously. Many Malaysians' livelihood particularly the felda settlers on the first liner will be affected . Even I heard those producing palm oil in Sarawak, their employees are complaining less bonus and increment as claimed that palm oil sales dropped tremendously. If you have a good CPO price, no sales what is the use? Regarding the food industry, may be it will turn FGV in good position, what about those farmers/felda settlers of palm oil. Is it beneficial to them?
already stabilised at around RM1.... complete top mgmt team with new CEO, CFO,etc... Should stay above RM1.................... buy and keep for further recovery.... white paper on felda/fgv soon :) lastly, palm oil has improved a lot , above RM2300 :)
2 choices, buy after Q4,2018 results have been announced, pasti rugi, harga sawait paling teruk (oct hingga dec 2018) atau beli sekarang dengan jangkaan kertas putih tentang felda/fgv akan dibentangkan sebelum Q4, 2018 punya pencapaian diumumkan... risiko adalah pada tanganmu
Q4 results 2018 may be bad (guess) but that is not a good indicator for future investment. Worry is future business. White paper ..good or not....don't know but end point need money to execute.
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....
Tongkarat
7,588 posts
Posted by Tongkarat > 2019-01-29 15:52 | Report Abuse
Mambang sawit tinjau dari atas.... bird's eye view