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Long to enjoy..

 

Global Palm Oil Market to Reach $57.2 Billion by 2026

https://finance.yahoo.com/news/global-palm-oil-market-reach-144500442.html

SAN FRANCISCO,  May 25, 2021  /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled  " Palm Oil - Global Market Trajectory & Analytics" . The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.

FACTS AT A GLANCE
Edition:  17   Released:  May 2021
Executive Engagements:  5046
Companies:  266 - Players covered include Fuji Vegetable Oil Inc. Genting Plantations Berhad Godrej Agrovet Limited Golden Agri-Resources Ltd. PT Smart Tbk Intercontinental Specialty Fats Sdn. Bhd. IOI Group Berhad Kuala Lumpur Kepong Berhad PT Astra Agro Lestari Tbk PT Darmex Agro PT Dharma Satya Nusantara Tbk PT Indofood Sukses Makmur Tbk P. T. Musim Mas PT PP London Sumatra Indonesia Tbk PT Salim Ivomas Pratama Tbk Nv Siat sa (Belgium) Sime Darby Plantation Sdn Bhd New Britain Palm Oil Ltd. United Palm Oil Industry Public Company Limited United Plantations Berhad Wilmar International Limited

Global Palm Oil Market to Reach  $57.2 Billion  by 2026Palm oil and palm kernel oil are obtained from the mesocarp and palm kernel of oil palm fruit, respectively, with the two differing in terms of saturated fat content. While palm oil is 52% saturated, palm kernel oil holds 86% saturated fat. The latter is mainly used in a broad range of consumer products, from soaps and cosmetics to detergents and candles. In addition to its use in an extensive spectrum of food products such as shortenings, cooking oil and margarines, palm oil is used as feedstock for bio-fuel. Compared to other oils, red palm oil contains high proportions of antioxidants and vitamin E and a high content of carotene, which is not found in other oils. Amid the COVID-19 crisis, the global market for Palm Oil estimated at  US$42.8 Billion  in the year 2020, is projected to reach a revised size of  US$57.2 Billion  by 2026, growing at a CAGR of 5% over the analysis period. Crude Palm Oil, one of the segments analyzed in the report, is projected to grow at a 4.8% CAGR to reach  US$34.6 Billion  by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Palm Kernel Oil segment is readjusted to a revised 5.4% CAGR for the next 7-year period. This segment currently accounts for a 23.9% share of the global Palm Oil market.
 

 

Last week, I quietly mentioned it was stirring, but nobody took notice. All I heard was noises.
I saying again, that it is stirring, now with a bit more firmer hand, and I m not going to reoeat, until it is well shaken and ready to serve with lobster and abalone.

 

Long to enjoy...

 

annual dividend 2% is low and once a year only, does not make sense to hold with this low dividend
 

alwayshopeful      ( Date: 21-May-2021 19:13) Posted: This one why fall so much. Closed at 0.23 today. Was 0.29 last week

 

Next week enjoy the ride up...

 

This one why fall so much.

Closed at 0.23 today.

Was 0.29 last week

 

 

Long... to enjoy...

 

Long to enjoy..

 

become a sleeping bear while it keep boucing between ticks.

 

Price did not tank. It is consolidating, after a SSH sold off 13 million shares because he needs some pocket money. This SSH, after selling, still has 633 million shares. You think he wants to let the price sink? If he wants to sell again, he has to push it higher again, won' t he? So don' t come and talk and showing concern about people buying at a certain price, if you are vested. If you are not vested, why do you bother to be here? At EVERY price juncture, there are buyers and there are sellers. Those who bought, will think that price will go higher those who sell, well, there are hundred and one reasons. For sure, not because they know what' s in store for the stock. Price is cheap when its normal price range is in the 50-60 range if it is in net profits mode. IT IS, NOW, IN PREFECT NET PROFITS MODE.    

bpdyohwadfmb

 

Long now to enjoy...

 

Hope no new chaps ganna stuck at 290 / 295
Stock market is forward looking.
Good result sometimes has been priced in.
Hence good result itself may not propel the share price higher.

Don' t listen to people blowing trumpet on earnings, especially when the price has moved substantially.
Whatever result, how good it is, still need to compare with street estimates, i.e. whether already priced in or not.
 

superstartup      ( Date: 12-May-2021 12:26) Posted: Provided this evening result is much much better than the good result people expecting. Else it will be Buy on Expectation. Sell on News. As price already moved from 200 to current 290 over the last few weeks. Just commenting as we have seen a lot of retailers stuck at " Good result, buy, buy, buy, then they got stuck" . Please do you own DD. I just commenting. Not a buy or sell opinion call.   Lobster      ( Date: 12-May-2021 12:14) Posted: Closed the morning session at day' s high of 295. the fact that it didn' t break after xD tells you something the fact that it actually went up during this week market meltdown tells you a lot. the company will be giving a business update of its 1st Q results this evening.  I think the report would be glowing, since it' s last Fy was pretty strong inspite of the very challenging world economic conditions.

 

Long... to enjoy...

 

GM Guys, from what I see is that this counter was pumped up so the SSH could reduce and sell at a higher price (see the SGX ANNOUN.) despite the 1Q being weaker.  The show is over now and wait for the next results.  This is how the BB and  market plays us out.

Cheers.

furyhawk      ( Date: 18-May-2021 17:36) Posted: RHB keeps 'trading buy', TP 30 cents for Golden Agri after weaker-than-expected 1Q results Get rocket ready.

 

starting to stir .... again..... quietly, under the radar ..... again

 

RHB keeps 'trading buy', TP 30 cents for Golden Agri after weaker-than-expected 1Q results Get rocket ready.

 

Enjoy the ride... long to enjoy...

 

This counter is still be sold downward (small trades). The volume of buyers is till higher.
Hmm...
Cheers.

Isolator      ( Date: 17-May-2021 12:09) Posted: The plane about to take off.... long to enjoy...

 

The plane about to take off.... long to enjoy...