U need to understand....we already had move ahead since the covid run in 2020 loh!
Now u need to be little bit more defensive & plantations with CPO price up and huge cheap landbank to manage inflation plus a good hedge against RM depreciation are good bets to manage this risk & capitalise on opportunities loh!
Posted by nhbeen > 44 minutes ago | Report Abuse
stockraider: Inflation is good for banking whereas recession is not loh!
So if u invest in banking when recession strike....be prepare for about 2 years share price consolidation mah!
Yup. You are right. In recession, all sectors affected and their share price as well. If you intend to invest for long haul, it is also the time to buy into some good companies. Normally, equity market will move ahead first when economy starts recovering.
BPlant is really undervalue and trading at a discount vs their peers. Look at First Resources prices started at SGD 1.75 in early March and slowly inched up to current SGD 2.28. Their FY 2HF result last year recorded a profit SGD 178 million. Yet analyst{s} covering the Singapore sector is still very conservative. They have a buy on Wilmar and a hold on Bumitama, First Resources, Golden Resources. Bplant is still stuck at the same price range betw 1.13 to 1.25
At that point of time writing CPO price was at MYR 4,200 per tonne { when the analyst make the calls} vs current prices of betw MYR 7,200 - 7,500 per tonne
US stock market doesn’t move bplant a bit… thn comes theedge article on predicted Apr stockpile, thts whn sell down happens… Apr production up is known as it follows the cycle, Apr export reduce due to buyers rushing for Indonesia palm oils due to the coming export ban, both are also known…
Currently the shortfall sunflower from Ukraine n Russia are offset by China lockdown… China lockdown won’t be forever at most till May, and currently there are more and more factories back into business by way of “closed loop”…
Malaysia share market can't use theory to analysis. A lot factor is ours outsider don't know one. All of you cannot see, even though palm oil price up, Indonesia ban export, Ukraine war can't plant sun flower, soya oil price up and etc, but Malaysia plantation share just like nothing happened to them. Suka suka up, suka suka down......
More buying interest after it went down so much for 1 week, be it share price or CPO… but just beware of shark movements when MPOB stockpile reports later… don’t panic, it’s already anticipated… production increase (due to oil palm production cycle), export decrease (due to buyer last min order to secure Indon stocks before ban)… but as usual, sharks will press down in the afternoon…
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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....
brianklc
1,624 posts
Posted by brianklc > 2022-05-03 12:11 | Report Abuse
https://www.cnbcindonesia.com/market/20220503084255-17-336553/harga-minyak-goreng-stabil-stabil-mahal/2