Posted by strattegist > 2020-08-14 15:33 | Report Abuse

sustain

Posted by wehcant > 2020-08-14 15:35 | Report Abuse

Abang, saham FGV naik mendadak siol. Kerajaan PN memang hebat. Esok hari kita undi PN, ok?

Posted by wan161 > 2020-08-14 17:27 | Report Abuse

not bad , close unchanged.. indicator all pointing to oversold.. Next week up up and away...

Posted by strattegist > 2020-08-14 17:33 | Report Abuse

closed unchanged

Posted by Mabel > 2020-08-15 11:20 | Report Abuse

Meow Guys..

It has been a productive week. I managed to capitalise on the Gloves sell off to collect Supermax, Top Gloves and Hartalega. All thanks for Putin !

Back to Plantation, the uptrend is still intact and thus could provide a buffer zone within the 38.2% FR level at MYR2,600 early this week. If the aforementioned level is breached, the pullback could turn into a bigger correction with the next support pegged at MYR2,480. Unfortunately that is not the case as today it touches RM 2,700 later this week. So we are facing a R1 Resistance level of RM 2,750

SUPPORT - S1: MYR2,600 S2: MYR2,480; RESISTANCE - R1: MYR2,750 R2: MYR2,808
MOMENTUM - Selling pressure still strong; TREND - Ongoing pullback

Average cost (ex-mill) for FGV around 1500 which means so long CPO above around 2500, it is a viable business. Hence, there is no reasons to lose money..

I sincerely hope the write off is over by now. FGV must consider reversing the impairment that they already did in the previous quarters. This will be a great success story for FGV. Either Way current price has already been factored in..

MALAYSIA ECONOMIC PERFORMANCE IN THE SECOND QUARTER OF 2020

GDP contracted 17.1 per cent in the second quarter of 2020

PUTRAJAYA, 14 August 2020 – The Department of Statistics, Malaysia released the Gross Domestic Product (GDP) for the second quarter of 2020 (Q2 2020), which presents the overall performance of Malaysia’s economy.

Malaysia’s GDP contracted 17.1 per cent from a marginal growth of 0.7 per cent in the first quarter of 2020. The performance for this quarter was the lowest recorded since the fourth quarter of 1998 (-11.2%).

All sectors recorded a negative growth with the EXCEPTION FOR AGRICULTURE SECTOR.

CPO Uptrend intact. This really commendable considering more than 1000 counters are red yesterday due to Malaysia Q2 Economic Weak Performance

Date Settlement Price RM
13 Aug 20 2716
12 Aug 20 2688
11 Aug 20 2643

It's so refreshing taking milk Mountain Milk from France early this morning. Thanks to my Body Shops, That's the only way I can maintain my 38-33-38 figure.

I hope FGV one day can supply me with Fresh Milk every morning one day since they are breaking new barriers..It will be nice to have "Milk from Plantation" as an alternative to my "Milk from Mountain" which I'm enjoying..

https://youtu.be/uMrZbX7VB6M

Have a great week everyone...

Meow

Posted by strattegist > 2020-08-16 14:24 | Report Abuse

good

Posted by strattegist > 2020-08-17 10:00 | Report Abuse

steady

Posted by Ammar Roshidy > 2020-08-17 10:46 | Report Abuse

@Mabel, diversifing is one way to siphon of funds under the pretex of new ideas. I an not perticulary excided about new ideas. Hmmm Milk from plantations.... please.....

Posted by strattegist > 2020-08-17 13:11 | Report Abuse

maintain

Posted by Mabel > 2020-08-17 13:38 | Report Abuse

Meow Ammar...

Someone match my queue today...again...Thanks!

Plantation Uptrend remains intact..So you can expect trend reversal pretty soon

Palm Oil supply time be tight as production in Malaysia & Indonesia stays flat comparing to 2019 due to bad weather and less fertiliser application by small palm oil holders

Buying momentum for palm oil will likely to sustain for the remainder of the year

COVID19 disrupted logistics but the demand for cooking oil are not reduce as there’s aggressive buying from China and India. FCPO prices to stay strong

Higher FCPO prices raises the subsidy cost required to make biodiesel more competitive which put the government in question on capability to fund up biodiesel program

Stay Invested...We gals loves man with strong holding power

Meow

Posted by strattegist > 2020-08-17 14:12 |

Post removed.Why?

Posted by hasbullahali > 2020-08-17 14:24 | Report Abuse

I quite agree with you Ammar becoz diversification cum introduction of new initiatives can translate into siphoning of funds. In this modern but complex business dealings there are many at times partnership arrangements via JV etc looks good on paper but lead to your partner taking a free ride.

Posted by strattegist > 2020-08-17 15:47 | Report Abuse

sustain

Posted by strattegist > 2020-08-17 17:36 | Report Abuse

closed unchanged

Posted by strattegist > 2020-08-18 09:37 |

Post removed.Why?

Posted by strattegist > 2020-08-18 11:02 | Report Abuse

sustain

Posted by strattegist > 2020-08-18 11:50 | Report Abuse

holding

Posted by strattegist > 2020-08-18 15:23 | Report Abuse

steady

Posted by strattegist > 2020-08-18 17:21 | Report Abuse

closed unchanged

Posted by Mabel > 2020-08-19 09:34 | Report Abuse

FCPO (RM2711, +32) reversed early losses on Tuesday, tracking rival soyoil prices that have been climbing on concerns over damage to the U.S. Midwest grain belt after last week's storm. Palm is getting support from bullish momentum in rival soyoil prices at the United States and South America. A storm packing hurricane-force winds tore across the U.S. Midwest last week, toppling grain bins in dozens of counties and compounded troubles for a U.S. farm economy already battered by extreme weather and the trade war with China. From a technical view, next key support and resistance seen at 2645 to 2730 respectively.

It's coming...

Posted by strattegist > 2020-08-19 09:38 |

Post removed.Why?

Posted by strattegist > 2020-08-19 09:45 | Report Abuse

green

Posted by dam82 > 2020-08-19 11:19 | Report Abuse

Buy now before regret...

Posted by Mabel > 2020-08-19 11:31 | Report Abuse

I have been collecting since last week dam82...

Meow...

Posted by dam82 > 2020-08-19 11:40 | Report Abuse

Cantik

Posted by strattegist > 2020-08-19 11:43 | Report Abuse

hijau menghijau

Posted by strattegist > 2020-08-19 12:27 | Report Abuse

cool

Posted by strattegist > 2020-08-19 12:56 | Report Abuse

green

Posted by Mabel > 2020-08-19 13:03 | Report Abuse

Crude Palm Oil is running bull..It has already breaches the 2nd resistance and rose as high as RM 2843 today ... All Green today

Meow Meow Meow

Posted by EatCoconutCanWin > 2020-08-19 13:26 | Report Abuse

MSM loss money yeah... Own goal.. fgv no good investment.

Posted by Mabel > 2020-08-19 13:41 | Report Abuse

https://www.youtube.com/watch?v=rzuOJ6JtYJg

Meanwhile Palm oil trade between Malaysia and India has moved back on track with the latter running low on local stock.

Our Plantation team in India are celebrating and rejoicing…Modern talking with the our new Brother Louie leaders works..

Meow Meow Meow

Posted by Mabel > 2020-08-19 13:44 | Report Abuse

@EatCoconutCanWin MSM loss money yeah... Own goal.. fgv no good investment.
19/08/2020 1:26 PM

Really?

Don't repeat what you did in Supermax....

Plantation is definitely the next wave after Gloves....

Just as much I loves all my Gloves Fantastic Four, I also loves my 11 Plantations...

Meow

Posted by EatCoconutCanWin > 2020-08-19 13:47 | Report Abuse

all can up except FGV..

Posted by Mabel > 2020-08-19 14:23 | Report Abuse

Today up oledi...

Can't you see?

Meow

Posted by 8888_ > 2020-08-19 14:44 | Report Abuse

MSM QR consider good?

Posted by aspenvit > 2020-08-19 14:44 | Report Abuse

Plantations' turn. Up up up.

Posted by EatCoconutCanWin > 2020-08-19 14:50 | Report Abuse

it will drop..one day show

Posted by dam82 > 2020-08-19 14:52 | Report Abuse

drop also good lor can kutip cheap ...

Posted by aspenvit > 2020-08-19 14:54 | Report Abuse

Usually FGV slowest to move among plantations, today the leader. Strange.

Posted by aspenvit > 2020-08-19 14:59 | Report Abuse

Just look at SWKPLNT result yesterday.

Posted by Lolcakes > 2020-08-19 15:03 | Report Abuse

Maybe QR is good?

Posted by Mabel > 2020-08-19 15:19 | Report Abuse

I believe so. If FGV follow what I shared earlier..it will be a very good QR...

Please scroll up what I shared earlier...

Meow

Posted by strattegist > 2020-08-19 15:29 | Report Abuse

green

Posted by strattegist > 2020-08-19 15:34 | Report Abuse

good green

Posted by strattegist > 2020-08-19 15:54 | Report Abuse

greeeeeeen

Posted by strattegist > 2020-08-19 16:31 | Report Abuse

holding up well

Posted by strattegist > 2020-08-19 17:36 | Report Abuse

closed green

Posted by Mabel > 2020-08-19 19:23 | Report Abuse

Very good closing...

Meow Meow Meow

Posted by strattegist > 2020-08-19 22:52 | Report Abuse

esok cuti

Posted by icecool > 2020-08-20 01:17 | Report Abuse

Friday up