our minister give high expectation of CPO hit RM9300 per tonne and Uncle sold all his steel stocks. invested in Plantation from his sold proceeds. Why worry
It’s not fair, whn FCPO go up by the same quantum, plantations stocks does not move. But whn FCPO goes down, selected plantation counters suffers sell down.
i3 Hall of Fame/Shame (People that you must follow and MUST NOT follow on i3) 1. Pang72: Contra God 2. Paktua: WhatsApp Pump and Dump God 3. Calvintaneng: "I told you so, buy this company that I recommend instead" AKA OG Master 4. Dompeilee: Appears in literally every stock that limit up Insider Trading God (I bought xxx two months ago and now it's up I am a God) 5. mf: Robot/AI God 6. CUTLOST: Career gambler 7. rr88/Cakes Moon: "Buy high sell low - Sell low buy high" 8. Johnzhang: Value + technical investor 9. OTB: OG Master 10. Mabel: FOMO Analyst 11. imvu: Unemployed gambler
from the very same nature of Kiasi! Basically, people sell how lot faster than they buy. Because when u buy in, u start to worry. People dread that. When u quickly cut loss, it's a relief. Hence, shorting can be more profitable than buy in and wait. ----------------------------------------------------------------------- brianklc
It’s not fair, whn FCPO go up by the same quantum, plantations stocks does not move. But whn FCPO goes down, selected plantation counters suffers sell down.
wait until 80sen. No way it will go below than that. Bought at mid feb, peak early Mac mored than 30%, I waited and it surely went down hill from there. Haha. Need to wait another big news for it to go up again or just wait 1 month before QR announcement.
Frankly plantation counters remain the best bet in the current situation all will report very good numbers in the nest 2 qtrs no others stocks in bursa will have that profile except probably P metals but it pays peanuts dividend despite huge earnings. I buang all and collecting more palm oil counters
Fortunately I quit this counter earlier at 1.09 before March. Even though last 2 weeks rise until 1.20. Now has no more show since CPO price dropped, also the bankers already finish goreng this counter. They earned enough money so they want to dump all their chips and turn you all little players' money into their pocket.
agree with junclj. unless there is another big news like CPO price rises to 9300rm, we will see the price to stabilise around 85sen to 90sen imo. to be safe just wait for a month before QR release
of course RJ87. that is why at what price you enter again is the key. if keep getting dividend but share price dropping for what. bursa is unpredictable. no wonder EPF run away haha
Large bulk of my entry was below 70sen, after averaging up, it's around 80sen. So after 26sen dividend I can afford it to drop to 50-60sen range. Although, unlikely...we see how...
next QR is the fat dividend. Should be around 10-15sen. Many waiting for it. Just not sure when they will start rushing in. For me, i take anything below RM1. It's all good. If lower, better.
Only regret is I didn't buy enough to sell at above RM1.10 so that I can buy more now. But it's ok.
EPF not necessary good investors. They can make good return because they are given priority to invest when there are good one available. For free market, Remember they keep buying Top Glove in early 2021 when all bankers had disposed? How much dividend we should get if they didn't buy in Top Glove
I accumulated Bplant since below 0.60 and still believe the CPO runs not ending yet. The current CPO price will likely stays at around RM6,000 for str least 3-6 months. Wait till next QR, then you shall see what's the actual value of Bplant.
I understand the logic but so far what I notice the surge mid fed until earlier Mac was mainly due to war and cpo price hit 8000rm. last year 2021, plantations made huge profit over 2020 but the price was not moving much as if nothing happened. But anything below 70sen then should be good
Post a Comment
People who like this
New Topic
You should check in on some of those fields below.
Title
Category
Comment
Confirmation
Click Confirm to delete this Forum Thread and all the associated comments.
Report Abuse
Please Sign In to report this post as abuse.
Market Buzz
No result.
Featured Posts
MQ Trader
Introducing MY's First IPO Fund for Sophisticated Investors!
MQ Chat
New Update. Discover investment communities that resonate with your ideas
MQ Trader
M & A Value Partners IPO Equity Fund has been launched - Targeted 13% Return p.a
Latest Videos
0:17
New IPO: Swift Energy Technology Berhad, an industrial automation and power systems provider, aims to list on the ACE Market!
MQ Trader 5638 views | 5 d ago
0:17
New IPO: Carlo Rino Group Berhad, a leading fashion retailer of women’s handbags, footwear, and accessories, aims to list on the ACE Market!
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....
i3lurker
14,785 posts
Posted by i3lurker > 2022-03-14 15:20 | Report Abuse
based on 98 sen share price dividend yield for 22 and 23 will exceed 10% comfortably
thats very fooking high