46.5c and below will be good entry level
trading volume increased, interest building up for this laggard
 
trading volume increased, interest building up for this laggard
 
aeonearth ( Date: 19-Oct-2017 18:22) Posted:
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any insight on this counter?
36.5 is a good entry point, support at 35. This counter is more stable than noble. Upside 44 max
earlybird2017 ( Date: 17-Jun-2017 21:32) Posted:
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http://www.thestar.com.my/business/business-news/2017/06/17/palm-oil-gains-over-1-pct-on-stronger-rival-oils-weaker-ringgit/
https://m.investing.com/commodities/us-soybean-oil
https://m.investing.com/commodities/us-soybean-oil
May visit 45-46 again. Cpo price is weak with oil price.
Market is testing oil price bottom, if oil price don't go low further, it will has a strong bounce to 60+.
Next 1-2 weeks, oil and edible oil will have clearer direction.
Since oil and Cpo at low but price still stay 48 and 37.5 for indofood and golden. It mean both are quite strong.
So be prepared to load at low 45-47 and 34-35
Market is testing oil price bottom, if oil price don't go low further, it will has a strong bounce to 60+.
Next 1-2 weeks, oil and edible oil will have clearer direction.
Since oil and Cpo at low but price still stay 48 and 37.5 for indofood and golden. It mean both are quite strong.
So be prepared to load at low 45-47 and 34-35
45 is the bottom and 48 found as a support.
This company is in profit and chart is in turning a long term downtrend slope started in 2012 till 2016-2017.
For it to move down further, the company has to face financial problems, otherwise here is rock bottom and hardly penetrate
This company is in profit and chart is in turning a long term downtrend slope started in 2012 till 2016-2017.
For it to move down further, the company has to face financial problems, otherwise here is rock bottom and hardly penetrate
waters ( Date: 31-May-2017 00:40) Posted:
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offloaded my indofood agri shares, to buy again when fall
Lacking of catalyst. Overall edible oil must be in bull mode to push all palm oil Agri to go up.
Among edible oil, soy bean oil are the one taking the lead in the edible oil market. Last week news are still focusing on good weather result in good harvest and oversupply of soybean and pressing edible oil price.
However, I don't really worry much on all these in long run of overall edible oil market since they are in bear trend for 5-6 years since peak in 2011-20-2. it is about time to end the bear trend and overall low price will restrict supply eventually, at least no more increasing in supply for the following months or next 1 year.
Most important is palm tree is much easier to maintain compare to soy bean plant. Palm Agri mostly know how to deal with low cpo price in past 2-3 year and manage to survive at margin level.
Chart of Indofood and golden Agri, both show month chart in sideline mode and ready to turn to long term uptrend mode in next 1-2 years. Next is just be patient to wait the bull mode start on edible oil.
What go up will come down what come down will go up, it is iron principle so long as the industry don't collapse, and edible oil won't collapse so long as human still exist in the world.
Among edible oil, soy bean oil are the one taking the lead in the edible oil market. Last week news are still focusing on good weather result in good harvest and oversupply of soybean and pressing edible oil price.
However, I don't really worry much on all these in long run of overall edible oil market since they are in bear trend for 5-6 years since peak in 2011-20-2. it is about time to end the bear trend and overall low price will restrict supply eventually, at least no more increasing in supply for the following months or next 1 year.
Most important is palm tree is much easier to maintain compare to soy bean plant. Palm Agri mostly know how to deal with low cpo price in past 2-3 year and manage to survive at margin level.
Chart of Indofood and golden Agri, both show month chart in sideline mode and ready to turn to long term uptrend mode in next 1-2 years. Next is just be patient to wait the bull mode start on edible oil.
What go up will come down what come down will go up, it is iron principle so long as the industry don't collapse, and edible oil won't collapse so long as human still exist in the world.
AhLiang ( Date: 29-May-2017 11:24) Posted:
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BBs not convinced by GAR's forex excuse for the 60% drop in profits and pumped and dumped and play only Indo Agri? For sure this I much better than GAR. Bing small player in palm oil never mind. Can make money for share holders good enough.
Long term uptrend.
This coming week it will trade above 0.5. Those who panic sold to BBs at 0.48 will have buy back at 0.5 and above. Buy high sell low is what they are good at.
This counter going to move. Recommend strong buy.
Profit takings couldn't disrupt steady movement up. Will up more when those who sold during the recent downward movement have no choice but buy back. Won't go below .50 again.
Fantastic closing. Maybe those who long Noble will move their fund here instead.
Hope to see above 50cts next week.
51 to 52cts first barrier ...
51 to 52cts first barrier ...
Next week it will be above .50. Don't anyhow sell now!
Seems no one wants to sell at .49. Likely today or tomorrow It will reach .50
Buy ! Tomorrow .49 will no longer be available!
Today going to have a good closing
buy more win more... keep buying pls~
AhLiang ( Date: 09-May-2017 09:16) Posted:
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