Honestly, statements without justifications are rubbish. You don’t quote and ask ppl to justify. Statements comes from you, so the burden to prove your own statements are on you!
Really, it proves you don’t know wht u r reading. 1.5k is cost of production. Bplant made lost due to finance cost and impairment in Sabah land, which is one-off. Finance cost are sunk cost.
Market now starts talking about commodities super cycle, caused by pandemic as the structural catalyst, eg weaker dollar, limited supply due to closure of mines or shortage of (foreign) workers, stimulate economic activities & therefore commodity consumption, and synchronised efforts by countries to limit the export/ increase tax of agricultural products...
“On January 11th Argentina lifted a ban on corn exports, but imposed a cap. Russia plans to tax wheat exports from mid-February.”
Commodities bull has started. Let see how far it can run.
The emerging of super cycle of commodities is coming here loh especially with low interest rates & low USD added fuel to the rising commodities mah....!!
Buy early loh!
Posted by Mabel > Jan 13, 2021 10:33 PM | Report Abuse
Market now starts talking about commodities super cycle, caused by pandemic as the structural catalyst, eg weaker dollar, limited supply due to closure of mines or shortage of (foreign) workers, stimulate economic activities & therefore commodity consumption, and synchronised efforts by countries to limit the export/ increase tax of agricultural products...
“On January 11th Argentina lifted a ban on corn exports, but imposed a cap. Russia plans to tax wheat exports from mid-February.”
Commodities bull has started. Let see how far it can run.
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 > 2021-01-11 12:55 | Report Abuse
Honestly, statements without justifications are rubbish. You don’t quote and ask ppl to justify. Statements comes from you, so the burden to prove your own statements are on you!