June CPO future around 6K, why should you sell? FGV results is based on their average price of 3600. I will sell when the price dips below 5K or showing a downtrend.
My concern as a shareholder - 2nd attempt by Felda to take fgv private 1. Will Felda team up with State Gov. of Pahang to offer a depressed price ? 2. If goes solo, will felda offer again a unfair price to us ? 3. Any plausible avenue available to protect our interests ?
Deadline not 3rd August? Until then enjoy 8 sen dividend first. Those make enough can leave anytime. Sure who bought RM 2 recently will not agree RM 1.5 or 1.8 if Felda offer low price again.
For smarter move, hope Felda may choose to release 5% shareholding to maintain listing status, FGV share prices definitely will hit 5.5 to 6, who benefit the most, Felda & all shareholders, win2
Yes. Never fully trust your remisier. Research your own. They are just following corporate guidance which in turn influence by top management of the company.
MUMBAI: The blistering rally in palm oil is starting to turn away customers in India, the world's biggest importer.
Buyers have cancelled as much as 100,000 tonnes of planned palm oil purchases in the past seven days, according to Sandeep Bajoria, chief executive officer of Sunvin Group, a Mumbai-based trader and broker of vegetable oils.
We cant buy at these prices, he said. ?Demand destruction is happening.
It's what banks and even palm oil producers have warned about sky-high prices will eventually result in consumers scaling back purchases or simply not be able to afford it anymore.
(March 3): Outflows from Russia in the wake of sanctions and index exclusions due to Ukraine war can find home in Indonesia and Malaysia as both Southeast Asian nations produce commodities like Russia and Ukraine, according to money managers Samsung Asset and Modular Asset.
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....
Poh Chye
46 posts
Posted by Poh Chye > 2022-03-01 08:24 | Report Abuse
The CEO further mentioned for FY21, the CPO average = 3,600 where as most as reporting >4,000. GLC oh GLC