Posted by maestro85 > 2022-03-18 00:37 | Report Abuse

Bro tehcping this is big news

https://www.theedgemarkets.com/article/indonesia-takes-uturn-replace-palm-oil-export-curbs-levy

Indonesia buang limit quota utk export. rase harga akan jatuh lagi esok.

Posted by maestro85 > 2022-03-18 00:38 | Report Abuse

Manusia ni kadang2 pelik. Duit org yg rugi die pulak sibuk tak tentu pasal haha

Posted by brianklc > 2022-03-18 02:52 | Report Abuse

Read the article carefully. Remove DMO, up export levy. Remember what happen the last time export tax being implemented in Malaysia? Remember, world supply does not change. But Indo CPO become expensive.

Posted by paktua73 > 2022-03-18 05:51 |

Post removed.Why?

Posted by Yippy68 > 2022-03-18 07:16 | Report Abuse

@tehcping. just wonder what reit counter you buy causing you so much losses.? I bought UOA,, SENTRAL, and Atrium, all profited. Zhulian and Uoadev may not be reit, but dividend yield is much higher than reit, did you study before you purchase any share?

Posted by Yippy68 > 2022-03-18 07:21 | Report Abuse

Do treat investment in Bursa as you are in business, must make profit 1 , or else just stay back. talk less and study more.

Posted by paktua73 > 2022-03-18 07:46 |

Post removed.Why?

Posted by brianklc > 2022-03-18 08:58 | Report Abuse

Why so -ve? DMO removed, yes, international supply increase, BUT TOTAL WORLD demand n supply is same. YET additional levy will make Malaysia CPO more attractive…

Posted by brianklc > 2022-03-18 08:58 | Report Abuse

Tht is why FCPO is pointing up in the after market yday night

Posted by brianklc > 2022-03-18 09:07 | Report Abuse

Chekai newbies only mention DMO remove without export levy hike

Posted by brianklc > 2022-03-18 09:18 | Report Abuse

CPO today will be tracing huge Crude Oil gains yday

Posted by Ayambrand > 2022-03-18 09:39 | Report Abuse

IB another structured warrant?

Posted by Johnzhang > 2022-03-18 09:54 | Report Abuse

In the Starbiz, SOP’s cost of production for FY21 was $1,500 to $1,600 pmt CPO . For FY22, it is estimated to increase about 10 to 15% yoy. Bplant cost of production may be $200 higher due to lower average yield.
Even if CPO is $5,000, Bplant will still make huge profits!

Posted by RJ87 > 2022-03-18 10:11 | Report Abuse

Largest influx of rookie was May-June 2020. My remiser normally sign up 5 people per month becomes 20 a week. End of 2020, everyone became godshen. And so, I tell these rookies that if you made money from glove, time to exit liao. Ofcos, they were making 50-100% and wouldn't sell. They accused me of jealous of their success.

A year later, they wiped 50-60% off their portfolio from glove alone. Even more from their desperation to cover their loses by trading. Guess what? They blame me from jinxing them. Woahhhh...

All rookies think that they have a trick or two up their sleeve to beat the market. The truth is they don't and only realizes that after their fingers turns into ashes. Not to say I wasn't one of them. But I survived and market taught me important lesson. Mummy will tell to listen. That's easy. What's not easy is to listen when things going well. When TG at RM24 that time, every rookies upgraded their forehead with vibranium and as thick 2ft wall.

Not easy to see the name around over the years.
--------------------------------------------------------------
wallstreetrookie

A lot of beginners give investing advice here. We will see how well they perform after 3 months. My broker friend at M Plus Securities told me that most people lose their entire trading portfolio in 90 days. You wait and see

Posted by titan3322 > 2022-03-18 10:26 | Report Abuse

Kesian korang yang masih mimpi siang nak tungu 80 sen pi cari kat TDM Puncak itu saham fit korang la

Posted by TehCPing > 2022-03-18 10:50 | Report Abuse

@yippy68 nope I don’t study, and not losing at reit just not much. Are you the guy said get 6 digit dividend from sentral reit?

Posted by titan3322 > 2022-03-18 10:50 | Report Abuse

TehCPing kata ko newbie bila orang bagi nasihat dengar je la xmexti nak ikut klu smart sangat sampai ke tua pun lu gila

Posted by TehCPing > 2022-03-18 10:58 | Report Abuse

@titan3322 aku dengar bah :-)

Posted by i3lurker > 2022-03-18 11:01 | Report Abuse

tell us something we do NOT know .....
Small Retailers like the Rakuten 11,000 only account for less than 0.5% of the purchasing power inside BURSA.

BURSA had always been Whales vs Big Sharks vs Small Sharks
When I sit at Bangsar eating and drinking ,..... always overhear people losing RM10 million or losing 3 shop houses to those whales.
Making profits inside BURSA is the exception and NOT the rule

Thats why I never bother begging people to buy any share coz it makes no difference at all. Whales will decide whether BPlant up or down....

Posted by TehCPing > 2022-03-18 11:08 | Report Abuse

@Titan3322 Aku dtg Sini pun sebab yippy68 yg introduce Di forum sentral reit. Aku rasa dia lah, tapi dia delete sdh comment dia :-)

Posted by Ayambrand > 2022-03-18 11:20 | Report Abuse

all in all TAYOR, rasa company ok, invest lama sikit

Posted by paktua73 > 2022-03-18 11:20 |

Post removed.Why?

Posted by paktua73 > 2022-03-18 11:25 |

Post removed.Why?

Posted by RJ87 > 2022-03-18 11:30 | Report Abuse

I beg to differ. I think levy is imposed on the seller in indonesia.

e.g.
Cap 1500USD, levy 25USD per tonne every dollar after.

for indonesian seller to make money, they hv to sell 1550USD. This way, seller and indonesian gov makes extra 25USD.

This is very smart. Last time indonesian DMO 30% price shoots up to the moon. Indonesian gov benefitted nothing. Without DMO but with levy, it will force the seller to sell higher if they plan to export and indonesian gov will benefit too. So, it becomes they either sell more expensive or sell less. Pick one.

Either way, benefits Malaysian Palm Oil.

-----------------------------------------------------------------
brianklc

Why so -ve? DMO removed, yes, international supply increase, BUT TOTAL WORLD demand n supply is same. YET additional levy will make Malaysia CPO more attractive…

1 hour ago

Posted by brianklc > 2022-03-18 11:38 | Report Abuse

RJ, levy is on sellers, I m not saying it’s against buyers, but naturally the levy will passed to buyers. Whn Khairuddin reintroduced export tax of 8%, remember? Price of CPO shoots up to cover the tax.

Posted by brianklc > 2022-03-18 11:42 | Report Abuse

Whn Indon gov set DMO 30%, the intention is to increase supply with hope to control the price. Think this has failed coz price still go up. So they push the stocks to export n earn levy, use levy money to subsidise local price instead… yes it is smart as they are net exporter… but Malaysia being net exporter too yet they plan to review the subsidisation scheme…

Posted by brianklc > 2022-03-18 11:44 | Report Abuse

Short term, I don’t know impact to Indon planters, but it’s for sure a positive to Malaysia planters… just hoped more stability to the policy as positive or negative, investors wants stability in terms of policy…

Posted by brianklc > 2022-03-18 11:49 | Report Abuse

Whn the Indon CPO it’s USD1.5k, the max/cap levy is USD675 as compared to USD375 now… so the delta is the potential upside of Indo CPO, else their margin will erode

Posted by brianklc > 2022-03-18 11:50 | Report Abuse

USD300 potential upside

Posted by brianklc > 2022-03-18 11:52 | Report Abuse

Btw, everyone can debate, but don’t call names like sinkalan or con or prostitute… healthy debates are productive…

Posted by TehCPing > 2022-03-18 12:04 | Report Abuse

Rm1100 satu tan buah sawit. Lumayan.hope earn a lot at bursa and can buy a 50acre tanah hahahaha

Posted by RJ87 > 2022-03-18 12:27 | Report Abuse

This defies logic. You set DMO, reduce global supply and expect price to come down?

Ok. We agree that levy is on the seller. Lets see if we can agree on this.
"the levy will either force Indonesian to export at higher price to protect their margin or reduce export."

Posted by RJ87 > 2022-03-18 12:31 | Report Abuse

A true gentlemen will never shy away from rolling up his sleeves and get his hands dirty.

You have been courteous. I shall reciprocate the same. =D

"It is better to be violent, if there is violence in our hearts, than to put on the cloak of nonviolence to cover impotence." Try guess whose quote is this without googling.
---------------------------------------------------------
brianklc

Btw, everyone can debate, but don’t call names like sinkalan or con or prostitute… healthy debates are productive…

35 minutes ago

Posted by Sslee > 2022-03-18 12:31 | Report Abuse

In indonesia the local price of CPO is international price minus levy minus export duty.

https://katadataku.com/indo-export-duty/2022-2/

Posted by brianklc > 2022-03-18 12:33 | Report Abuse

Just do ur own studies on all info shared here n be aware that market might not be correlated to reality… if predictions can be so accurate, all will be right by 16 mar… just be careful to those only tell half of the story

Posted by brianklc > 2022-03-18 12:36 | Report Abuse

Sslee, Indon sales price will potentially move accordingly to the levy movements

Posted by RJ87 > 2022-03-18 12:39 | Report Abuse

Waiting for i3lurker open table...

i3lurker : Lai lai lai...buy levy increase CPO price start buying. Buy levy reduce CPI price start selling.
let's see who wins.

Posted by brianklc > 2022-03-18 12:40 | Report Abuse

Kindly note, at USD1.5k, levy of USD675 is 45%. If price stagnant at USD1.5k, they will rather sell domestically as their sales price is without levy. So, market forces will take place whn Indon planters prefer to sell domestically… my 2 cents

Posted by brianklc > 2022-03-18 12:43 | Report Abuse

Scenario 1, Indon CPO don’t move, planters will sell more domestically as export levy takes up almost half of the sales price, they can bungkus. Less stock for export. Indo CPO price to increase.

Posted by brianklc > 2022-03-18 12:44 | Report Abuse

Scenario 2, Indon CPO goes up, Indon planters and gov win win

Posted by brianklc > 2022-03-18 12:45 | Report Abuse

Both scenario, Indo gov and Malaysia planters win

Posted by brianklc > 2022-03-18 12:48 | Report Abuse

This levy is more effective coz it lets market forces comes into play. Buyers can’t complain much coz Indon is protecting their interest. If they keep the DMO, buyers will curse them…

Posted by Sslee > 2022-03-18 12:52 | Report Abuse

Indonesian DMO 30% where exporters need to prove 30% local sell before government give export permit is impractical to implement for the simple reason exporters already signed contracts with foreign buyer hence fail to deliver is contract default

To keep local CPO price low the government can just increase the levy so that the local CPO price is theoretical international price minus levy minus export duty.

Posted by brianklc > 2022-03-18 12:53 | Report Abuse

RJ, DMO was meant to protect Indon ppl, with hope of price controlled whn domestic supply is more. Why Indon wanna care about foreign buyers? BUT, domestic price shoots up in line with export price, so DMO fails.

Posted by brianklc > 2022-03-18 13:00 | Report Abuse

Corrections- Scenario 1, Indon CPO don’t move, planters will sell more domestically as export levy takes up almost half of the sales price, they can bungkus (if CPO price does not go up, better sell locally)… whn tht happen, less stock for export. Indo CPO price to increase.

Posted by Sslee > 2022-03-18 13:02 | Report Abuse

Planters in indonesia is paying the levy and export duty to the government as local CPO is keep low by the levy and export duty.

Indonesia only subsidies industry to produce Biodiesel if with local CPO price plus processing cost the biodiesel price is still above diesel price.

Posted by brianklc > 2022-03-18 13:06 | Report Abuse

Btw, on more extreme scenario… Sunflower oils reduction in coming months will cause shortage in supply, CPO price might increase further due to short supply… Indon domestic price will be up as well, guess what Indon gov will do? Will they subsidise more by increasing levy further? I don’t know…

Posted by brianklc > 2022-03-18 13:12 | Report Abuse

https://www.reuters.com/world/asia-pacific/indonesia-hikes-palm-oil-export-levy-maximum-375-per-tonne-2022-03-18/

Posted by brianklc > 2022-03-18 13:13 | Report Abuse

“ COOKING OIL PRICES SURGE

The government has said it would use proceeds from levies to subsidise bulk cooking oil sales for the next six months, estimating about 202 million litres would bedistributed each month. The subsidy allocation was set at more than $500 million.”

Posted by brianklc > 2022-03-18 13:14 | Report Abuse

Sslee, unfortunately based on the above article, ur statement on Indon Subsidy is inaccurate