IB predicts CPO price decrease due to production increase. U on the other hand predict CPO decrease due to demand destruction as more millionaires who eat steam food n does not take bath are born during recession. Narrative wise there are huge diff.
haha....now you guys taste it. Already warn so many times, gloves 2.0 proven. Market is forward looking, now CPO price is crashing. Plantation game over. Last time small loss don't want cut, now become big lost. Promoters everyday shout dividend, enough to cover capital loss? Hahahaha....now very cheap right? who dare to sailang? or already no bullet? hahaha...see you at RM0.50. In bursa it is useless to study the company so much, you dont follow the trend you lost money. simple as that.
Sslee, agree with u, weaker ringgit makes CPO cheaper to export as compared to other edible oils… Malaysia CPO not to say cannot sell, it’s stockpile is at low… just that due to uncertain Indonesia policy, buyers are holding back a bit for now until more clarity in the market…
Haha since early of the year .. analyst is oredi predicted CPO high price shl be maintain until May 2022 ... as due to Low inventory ... but started May to December shl be Peak monthly production season ....
This "drop" also proves that... bplant have many foreign investors. Dont have to worry much i guess.... when time is good... definitely will up again... Just collect along the way when i have excess cash on hand.
>> It pointed out that since listing in 2014, Boustead Plantations has sold 2,164 hectare of land, raised RM1bil in gross proceeds, and recognised total disposal gains of RM900mil. It has also paid out RM1bil in total dividends since listing.
Mickey, 2 questions. Do u know what happen from 2020 till 2022? That’s y production for all plantation co drop, unit price up… btw, do u really think bplant needs 45m loan? Or there’s story behind?
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
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Posted by brianklc > 2022-06-13 12:05 | Report Abuse
IB predicts CPO price decrease due to production increase. U on the other hand predict CPO decrease due to demand destruction as more millionaires who eat steam food n does not take bath are born during recession. Narrative wise there are huge diff.