buy more now, cut loss later. dumb retailers get trapped by promoters kikikiki! already warn many times don't chase, this time it will drop below RM1 and never come back. Who still dumb dumb hold cut loss later!
small potato better use your small money to go enjoy life, no point waste it in stock market getting trapped! go buy some palm oil for your family to drink also better!
Invest using your spare cash for decent return which should be better than putting your excess fund in bank that currently give u a return of 2% or maybe 3% p annum by year end (in view of rising interest rate). Plantation stock should be good at least for this year due to many reasons that are already in news. I noticed many remarks and comments by some of so called investors here are sometimes very extreme.
For those who are quite new to investing, try to make sure u do not get burnt with your capital. Refer to my previous posting on plantation sector and have a better understanding rather than getting confused by some of these extreme comments on bullish or bearish comments. Always keep some spare cash so that you can buy in the event market turn very bearish. I repeat what I said previously, invest in companies that have some underlying good assets that will appreciate over time. Not like the oil and gas sector (generally and not all )
This sorzai have been saying this since 90sen. And it's RM1.10. Don't be surprise to see him saying the same thing when it's RM2.
========================== plantationgameover
buy more now, cut loss later. dumb retailers get trapped by promoters kikikiki! already warn many times don't chase, this time it will drop below RM1 and never come back. Who still dumb dumb hold cut loss later!
RJ, stock market is a place for ppl to transfer wealth…thanks to ppl like gameover who buy low n sell even lower, more ppl are able to buy lower from him n sell higher…
https://www.businesstimes.com.sg/energy-commodities/indonesia-to-ban-exports-of-palm-oil-from-apr-28?amp ...... Interesting. Monday should see some PANIC buying of CPO. Note Indonesia is a MAJOR PO supplier. Cooking Oil is a BASIC for any FOOD stuff. ... Quote a MAJOR buyer / trader of PO ..." "This move is rather unfortunate and totally unexpected," he said. " ...... " "Sky would be limit for edible oil prices now. Buyers were banking on palm oil after sunoil supplies fell because of the Ukraine war," ......."Now they (buyers) don't have any option as soyoil supplies are also limited."
SBO hit a new record high of 83.21 cents per IB in the US after Jokowi news announcement. Adverse drought has hit the prime growing areas in Argentina, Brazil and Canada respectively. Argentina in March has briefly stopped their soy export sales before upping the tax rate to 33% from 30%. US Biofuel producers are ramping up thier production to cater the upsurge in demand for the peak summer travel season. Veg oils are now in a very very tight spot with no other large alternatives supplies in sight. Please do your own research {Not a buy call} but food inflation is here to stay
Following this news, CPO spot will surge pass $7,000. Absolutely good news for Malaysia based plantations. Opportunity to add plantation share may surface on Monday if there is weakness arising from knee jerk reaction from DJ's 981 points plunge.
Or plantation might turn to be safe heaven stocks where investors divest from other industries n invest in plantation… much like gloves during covid time?
If you want to compare plantations with gloves so the surge should be temporary. History will repeat. So it is wrong to compare plantations with gloves like most kaki goreng in share market.
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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....
ImLearningFromSifu
292 posts
Posted by ImLearningFromSifu > 2022-04-21 11:56 | Report Abuse
ok bro.. hehe