Latest Forum Topics / Golden Agri-Res Last:0.235 -- | Post Reply |
Palm oil broken record high
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PQTPQK
Supreme |
01-Aug-2022 13:10
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should break up anytime .... | ||||
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LongXia
Veteran |
25-Jul-2022 09:20
Yells: "BBs never say why when they buy, never tell when they sell!!" |
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Let' s go.....!
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Catrade
Master |
25-Jul-2022 00:02
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Indonesia policy maker is very reactive n political, one moment ban palm oil export, the next moment cut export taxes n now considering removing DMO requirements. All these flip flop decisions r being make within the last few months!
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PQTPQK
Supreme |
24-Jul-2022 12:58
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Good new for palm oil stock , Monday!!
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tt_lau
Member |
24-Jul-2022 11:57
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https://www.reuters.com/markets/commodities/indonesia-considering-scrapping-domestic-sales-rule-palm-oil-exports-2022-07-22/   JAKARTA, July 22 (Reuters) - Indonesia is considering removing a domestic sales requirement for palm oil exports because high inventories of the vegetable oil have been holding back a recovery of palm oil fruit prices, the trade minister said on Friday. Since ending a temporary ban on exports in late May, the world' s biggest palm oil producer has required companies to sell a portion of output at home before issuing export permits, a policy known as DMO, in a bid to control cooking oil prices. The temporary ban on shipments and the DMO policy, however, had led to a surge in palm oil stocks, storage issues and a slump in the price of palm oil fruit received by farmers. Minister Zulkifli Hasan told reporters that previous policies to address such issues, including a temporary removal of an export levy and a larger export quota, had failed to slash stocks quickly. " I am considering removing DMO requirements so exports can go out quickly, but I want assurances from our friends at refineries," he told reporters during a visit to a market, according to a voice recording provided by the ministry. Indonesian authorities were aware of anticipated high demand from India and Pakistan for the upcoming Diwali holidays and would ensure that buyers had enough supply, Zulkifli said. Indonesia' s palm oil industry has been lobbying for an easing in export restrictions and taxes, arguing that otherwise produce may go to waste, particularly with the harvest set to peak in coming months and with storage at capacity.  |
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LongXia
Veteran |
21-Jul-2022 10:00
Yells: "BBs never say why when they buy, never tell when they sell!!" |
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Here we go ...... I don' t want to talk much, except to say that at current price, it is exactly half of nav when it should be exactly the other way round. Expect an interim that is more that than last year! |
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LongXia
Veteran |
14-Jul-2022 17:12
Yells: "BBs never say why when they buy, never tell when they sell!!" |
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Walked past Red Hill coffee shop.... saw some stall holders getting ready to put up the sign " Akan Datang" I asked one of them " Bila?" ... they reply " minggu depan"   |
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ysh2006
Supreme |
26-Apr-2022 14:11
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Like this stock will slowly react and go back to last two weeks price!
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lsyiat
Veteran |
25-Apr-2022 21:26
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"Indonesia export ban will not include crude palm oil - sources"
https://www.investing.com/news/commodities-news/indonesia-export-ban-will-not-include-crude-palm-oil--sources-2809756 |
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maxlim3
Member |
25-Apr-2022 10:50
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This is always my concern when cpo prices move up and up. While I believe the high price of palm oil is highly due to black market and not releasing the palm oil to the market, the government will want to do something or seems to be doing something. What better and easier way then to curb export? Step 2 is to go after those who hoard palm oil. For those who believe this is just a temporary measures, this represent a chance to buy at a cheaper price.
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Observers
Elite |
25-Apr-2022 09:59
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Worst case scenario is if the indon govt has a hand in this honeypot operation. Then they would be incentivised to sustain the ban as long as the intl prices are high compared to local prices, becoming a tax on palm oil companies. As the saying goes, make hay while the sun shines, pretty sure palm oil prices wont stay high forever.
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Wind22i
Supreme |
25-Apr-2022 09:25
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Msia oil palm stocks shooting up today | ||||
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Catrade
Master |
24-Apr-2022 20:55
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Master Observers, it?s highly possible, becoz there is a huge differences in domestic n export price for palm oil | ||||
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Observers
Elite |
24-Apr-2022 18:32
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I suspect the problem of local indonesian shortage is some organized black market massively buying up subsidised palm oil and smuggling them out of the couuntry for personal profit. If like that who will be responsible for border control or enforcement? The longer the ban, the more these smugglers will earn as open market prices rise even higher. I just hope these palm oil " smugglers" don' t have govt connections.
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Catrade
Master |
23-Apr-2022 21:58
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Indonesia ban of palm oil export is likely to be temporary to ease domestic price hike just like it ban on coal in Jan' 22. Statistic shows that Indonesai produces 45.5m MT palm oil but consume only 15.5m MT, there is an Excess of 30m MT for export. The present domestic price hike is likely due to people hoarding for higher profit in this Russia/Eukine war n post covid demand worldwide. This greedy n crazy hoarding will soon ease as the domestic supply surge, n ban will be lifted. Then the real value of Golden Agri would clear in the eyes of serious Institutional investors who recognize the importance of this palm oil food security stock. Golden Energy also went through similar export banned of coal in Jan' 22, n after which it share price rocketed when instituational investors realized the importance of Energy Security resulted in a higher weightage in this stock. Likewise we can expect Golden Agri to has a higher weightage n valuation from analysts after this situation. |
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Tracer63
Master |
23-Apr-2022 15:14
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Indonesia ban palm oil export on 28th April, what will happen to prices???!!! | ||||
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LongXia
Veteran |
20-Apr-2022 11:43
Yells: "BBs never say why when they buy, never tell when they sell!!" |
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$0.345 now...wish I can translate in English....a lot of good news coming from Indonesia. anyway I heard one CSU shouting No 50 cents no sell! Really? I think a lot of long time suffering uncles here would be happy when reach forty, which should be very easy this year..... only worry is the young Widjaja, hope the uncles have a good talk with him over a cup of  Sulawesi Toraja Coffee.....   |
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Catrade
Master |
20-Apr-2022 10:26
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Some good news coming? or the listing of its long awaited subsidaily in India, taking the advantage rising palm oil price? Note: Golden Agri' s subsidiary GEF, which is incorporated in India, is engaged in the manufacturing, distribution and branding of edible oils and specialty fats. Its product portfolio includes sunflower oil, rice bran oil, as well as specialty fats for biscuits and confectionery.16 Aug 2021
Golden Agri-Resources' India IPO has possible growth potential |
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Catrade
Master |
19-Apr-2022 11:35
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Too many retail investors hv put out their shares with " SGX lending pool" borrowers(shortist) at a lending rate(1.7%). Its funny, perhaps unwise to lend ur shares to borrowers to short what u invested!
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ysh2006
Supreme |
19-Apr-2022 09:27
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This Agri why still refuse to move  ? waiting for what ?
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