Palm oil is a wrong agricultural product. It is the number one enemy to environment. Continuous air pollution from open burning in plantation and forest fires elsewhere brought the pandemic to teach us a lesson.
This notion that oil palm is the number one enemy to environment was started by the EU. They did this to protect soya bean oil.
Comparing on a per hectare basis, the oil produced by oil palm is on average 3.5 tonnes whereas that from soya beans is only 0.5 tonnes. When Tommy Thomas was AG Malaysia he did extensive research on this and in Jan this year, Malaysia filed WTO lawsuit against EU.
On open burning, the Directors concerned should be brought to Court and held responsible.
And lastly, what has oil palm got to do with bringing the pandemic to teach us a lesson
@ Dickyme How much oil palm produce per hectare is immaterial
What I emphasising is compare how much land is used for soya beans to produce the same amount of palm oil. So who is clearing more land to produce the same amount of oil.
Put the Directors in jail for a day and see if they dare to repeat what they have done. There are alternative methods instead of open burning and Malaysian oil palm companies especially members of the Roundtable Sustainable Palm Oil (RSPO), have stopped practising open burning in their plantations since 1985. The recalcitrant ones still do this (open burning) over in Indonesia where they have companies there. Like I said, throw them in jail. If the laws are not there, amend it.
EU is just attacking palm oil as it sees it as a threat to their soya oil.
Palmoil is 7 times more efficient than soya bean loh!
Just imagine without palmoil....u need 7 times more the size of palmoil estates, to produce equivalent volume of soya bean oil to replace palm oil, that means u are damaging 700% more of the environment mah!
Posted by MuttsInvestor > May 13, 2021 11:19 AM | Report Abuse
ENEMY NUMBER ONE to TO ENVIRONMENT ============ HUMANS ( Animals are MUCH more Environment Friendly ) ......... So ... Remove HUMANS from This World ???
As humans, it’s difficult to practice patience because…
We associate doing more with better results. We hate being bored. We are exposed to A LOT of noise in social and financial media. We don’t like seeing our losers, so we sell on no fundamental news. We often position size poorly, so we always have to keep on trading around our position. We focus too much on quarterly earnings. The list goes on…
As you probably know, the best investors make the fewest decisions...
Correctloh...thats why very successful investors are more than humans, actually they are unique super human mah!
Posted by Mabel > May 14, 2021 9:57 PM | Report Abuse
As humans, it’s difficult to practice patience because…
We associate doing more with better results. We hate being bored. We are exposed to A LOT of noise in social and financial media. We don’t like seeing our losers, so we sell on no fundamental news. We often position size poorly, so we always have to keep on trading around our position. We focus too much on quarterly earnings. The list goes on…
As you probably know, the best investors make the fewest decisions...
I think Parksonguy intention is to inform you guys to take precautions and sell at the current price now (1.38-1.40) rather than later when Felda has reached 90% for mandatory takeover then the price will be at RM 1.30. However, it's your choice to sell now or later at RM 1.30. Ultimately it's your decision. On the other note, please do not accuse people with "macai" or whatsoever harsh words/statements when you yourself do not know the truth behind it. Peace no war.
Posted by atlantisbear > May 18, 2021 10:07 AM | Report Abuse
no one will take afford to encourage investor to sell all fgv shares unless paid macai
At the close, CPO futures contract for June 2021 was down RM62 to RM4,687 per tonne, July 2021 weakened RM53 to RM4,453 per tonne, August 2021 trimmed RM43 to RM4,242 per tonne, and September 2021 eased RM53 to RM4,076 per tonne.
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....
strattegist
23,459 posts
Posted by strattegist > 2021-05-12 13:01 | Report Abuse
tutup hijau