Posted by calvintaneng > 2020-12-30 16:12 | Report Abuse

FCPO JAN 2021 TOUCHED NEW HIGH OF RM3,880 MEANS YEAR 2021 CPO PRICES WILL BE STILL BULLISH, Calvin Tan Research

https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/2020-12-30-story-h1538458941-FCPO_JAN_2021_TOUCHED_NEW_HIGH_OF_RM3_880_MEANS_YEAR_2021_CPO_PRICES_WI.jsp

Posted by EngineeringProfit > 2020-12-30 17:53 | Report Abuse

No, Calvintaneng. Sour grape FITCH Ratings Inc demands crude palm oil (CPO) prices to decline in 2021 on higher supply despite some upside risk, such as a to average at US$560 (RM2,268) per tonne over the year......

......because you sapu all the stock (and they haven't collected......they'll do bottom fishing in second half of next year)

Posted by brianklc > 2020-12-30 19:20 | Report Abuse

"The stock market is a device for transferring money from the impatient to the patient." Warren Buffett

Posted by Letsfly > 2020-12-30 19:24 | Report Abuse

Well said Brian!

Posted by calvintaneng > 2020-12-31 00:10 | Report Abuse

Fitch?

Fitch is bias against Malaysia and palm oil

Fitch is wrong

Just watch la nina unfold

Posted by solaris80 > 2020-12-31 09:24 | Report Abuse

Weak counter with no crocodile,sold...

Posted by solaris80 > 2020-12-31 09:26 | Report Abuse

Chart is showing the truth...

Posted by solaris80 > 2020-12-31 09:30 | Report Abuse

Calvin has bad track records, beware of this scammer

Posted by Beltland > 2020-12-31 12:57 | Report Abuse

At the moment a little bit of unpleasant news towards the whole oil palm industry from US for temporary only after all India and China are the most influential importers from Malaysia,what we really worry is the attitude from our ex old age Prime Minister who is always a busy body and likes to talk rubbish about other countries.

Since you sold your share,it's your choice ,congrt to you ! Those who bought in at low price when Calvin started the buy call,nothing to worry !!

Posted by Jonathan Keung > 2020-12-31 13:15 | Report Abuse

Very minute amount of processed oil exported to Trump { usa }

Posted by kancil850 > 2020-12-31 14:26 | Report Abuse

Besides bplant, which other plantation counter worth watching?

Posted by Letsfly > 2021-01-04 17:38 | Report Abuse

Best plant!

Posted by Aurora13 > 2021-01-04 19:18 | Report Abuse

All obstacles diffused, will fly tomorrow if not this week

Posted by brianklc > 2021-01-04 19:50 | Report Abuse

Finally 625&630 cleared

Posted by Plantermen > 2021-01-05 17:49 | Report Abuse

Floods and landslides in Indonesia killed at least 100 people with scores of people missing hitting Papua, Sulaiwesi, Lombok and the Republic capital Jakarta. Flooding is common during the monsoon season which typically stretch from Oct till April. Climate change will impact palm oil production

Posted by MuttsInvestor > 2021-01-05 18:41 | Report Abuse

https://www.thestar.com.my/business/business-news/2021/01/05/malaysia-end-dec-palm-oil-stocks-seen-hitting-over-13-year-low-as-output-falls Stock at 1.22 million tons ( Barely 2/4 months Supply ! ) Rm4k is EASY by Jan 2021 ! If not by Next Week (Mid Jan). Plus Exports up 15% in Dec .

Posted by Jonathan Keung > 2021-01-05 22:23 | Report Abuse

Key oil palm planting areas Pahang, Johor, Sarawak, Kelantan, Trengganu, Perak all hit by floods

Posted by brianklc > 2021-01-06 08:28 | Report Abuse

Source?

Posted by Letsfly > 2021-01-06 09:18 | Report Abuse

My friend's plantation in perak doing so dam well u say they flooded?

Posted by hng33 > 2021-01-06 10:24 | Report Abuse

sold at 62.5sen

Posted by johoran > 2021-01-06 20:54 | Report Abuse

cpo break 4000

Posted by Letsfly > 2021-01-06 21:23 | Report Abuse

with 4040 closing cpo price, the plant bull cannot be stopped!!

Posted by brianklc > 2021-01-06 22:30 | Report Abuse

Guys, don’t forget oh, although CPO at 4k, need to factor in export tax of 8%, hence it’s at 3,717 if you wanna compare apple to apple

Posted by brianklc > 2021-01-06 22:41 | Report Abuse

It’s best if FCPO can go up till 4,200-4,300

Posted by MuttsInvestor > 2021-01-07 00:17 | Report Abuse

https://martintfwong.com/2021/01/06/crude-palm-oil-futures-breach-rm3800-mark/ ... Futures CPO for Jan and Feb 2021 has EXCEEDED RM4,000/- ....... Plus Supply Problems in Jan and Feb due to LaLina ..... Rm4k is .... ?????

Posted by MuttsInvestor > 2021-01-07 00:24 | Report Abuse

"" Based on the SPPOMA data, he said the local CPO production fell 66.57 per cent for the Jan 1-5,2021 period compared with figures for Dec 1-5,2020 period. "" ... Due to LaLina ... "WELL Above the Average Rain " for monsoon season. Ask youself when the Last Time Johor got FLOODED in Dec/Jan ? Normal for East Coast like Kelantan & Terengganu. ..... But .... Pahang and Johor ???

Posted by FutureGains > 2021-01-07 00:24 | Report Abuse

don buy..GOLD DROP KAW KAW NOW

Posted by Plantermen > 2021-01-07 07:25 | Report Abuse

Production cost is betw 1,500 - 1,900 { subject to mature or immature palms} vs CPO selling price of 2,700 or 2,800 where the export tax kicks in. This is without taking in the palm kernel credit { For local planter's who do not export their CPO} this export tax does not applies. Only big producers { FGV, IOI, Sime, KLK, HSP, IJM} with downstream channel part of their products thru the export market

Posted by DuitGeli2 > 2021-01-07 09:20 | Report Abuse

Anybody knows why share price not parallel with FCPO price?

Posted by Jonathan Keung > 2021-01-07 09:33 | Report Abuse

Good question. prices never reflect or parallel actual economic scenario.

Posted by MuttsInvestor > 2021-01-07 21:49 | Report Abuse

Wait till Feb when most plantations report their P&L for their last quarter. Wait to see if Syndicates are willing to PLAY ...Plantation counters ?

Posted by AllanTingAS > 2021-01-07 21:55 | Report Abuse

Waiting for coming soon LTAT announcement on propose privatisation. If news positive, price up. If no news, wait for their QR on end/Feb. Probably result will be much improve. Then price will be up! Hopefully there will be another dividend?

Posted by brianklc > 2021-01-08 08:10 | Report Abuse

They are privatising bstead, not bplant

Posted by zhendehenre > 2021-01-08 16:11 | Report Abuse

60 cents. Time to masuk

Posted by AllanTingAS > 2021-01-08 21:15 | Report Abuse

Yes. Posted at wrong place. Happy trading

Posted by Dangel > 2021-01-09 11:45 | Report Abuse

Time to accumulate!

Posted by stockraider > 2021-01-09 12:53 | Report Abuse

Why the rally on cpo is sustainable leh ??

If u check the cpo spot & future from Jan 2021 to Dec 2021 all prices are above Rm 3000 until November 2021 & only December 2021 is slightly below Rm 3000 but still consider high at around Rm 2970 per tonnes.

For your info, when palmoil is average rm 2500, all the palmoil plantations make good profit mah...!!

Thus the good profit of palmoil company is sustainable very good & the average palmoil price should easily exceed average rm 3000 for 2021 mah...!!

Like calvin sifu says there are Great Safety In Palm Oil Shares loh!


Posted by calvintaneng > Jan 9, 2021 11:49 AM | Report Abuse

Cpo reaching Rm4000

Moving up to Rm4500 and Rm5000 range due to la nina

Hide in great safety of palm oil shares

Posted by Beltland > 2021-01-09 22:02 | Report Abuse

In between the trading section,there will be seller and at the same time there will be new buyer ,since you don't have confidence to hold this company share,sell off is the best choice .

Posted by Beltland > 2021-01-10 09:22 | Report Abuse

Short position - CPO anomaly
CRUDE Palm Oil (CPO) is at a 10-year high. But surprisingly, not all plantation stocks are following the trend. Star paper on 9 jan 2021.

Posted by stockraider > 2021-01-10 12:32 | Report Abuse

RESULT POOR BCOS PALMOIL PRICE LOW MAH...!!

NOW DIFFERENT STORY LOH!

PALMOIL PRICE HIGH MAH...!!

Posted by sunshine90 > Jan 10, 2021 11:39 AM | Report Abuse

Bad company

Posted by brianklc > 2021-01-10 18:21 | Report Abuse

Guys, if u see sunshine90 past comments, u will know what type of investor strategy he uses.

Posted by obakh222 > 2021-01-10 18:51 | Report Abuse

Hold next 2 years see can up 5 cents or not.

Posted by brianklc > 2021-01-10 19:28 | Report Abuse

This is a dividend share, if can’t wait, sell bah

Posted by Albukhary > 2021-01-10 22:39 | Report Abuse

BPLANT target price at least RM0.85.

Who sell now is really a waste..

Just hold, just wait, it will reach there very soon.

Posted by AXE666 > 2021-01-10 23:30 | Report Abuse

Hi Calvin, boustead plantation and jtiasa, May i know which one more potential ? Seek your expertise advice.

Posted by Beltland > 2021-01-11 11:43 | Report Abuse

When play wave comes to the turn of plantation sector,both of boustead plantation and jtiasa are equivalent good.Don't wait !!!

Posted by Beltland > 2021-01-11 12:18 | Report Abuse

You are talking rubbish !! impairment incurred when assets fell below market price but now cpo price above 3000 ringgit and operation cost is about 1600 ringgit ,thus all the assets of BPLANT IS ABOVE MARKET VALUE,so,from where you derived the huge impairment loses ? What type of account standard are you applying ?

Posted by brianklc > 2021-01-11 12:43 | Report Abuse

sunshine90, pls quote the source of 2.4K cost.

Posted by brianklc > 2021-01-11 12:47 | Report Abuse

Your past comments clearly states ur modus operandi. U r at the wrong place if u expect ur bs moves the markwt

Posted by brianklc > 2021-01-11 12:51 | Report Abuse

Per 2019 annual report, cost of production is 1,535 per MT. Impairment during CPO hike? Do u know how impairment being assessed in the first place? Other thn Sawarak, any CGU is making loss? Seriously, have u taken your medications? It’s overdue now.