First Resources    Last:2.61    -0.12

First Resources

I am in at 1.31 yesterday. Huat!

msksmsks      ( Date: 19-Oct-2022 08:46) Posted: CPO still on uptrend and strong footing @ 4046 Reversal for FR shld be coming Chart looks bottomish and ripe for a reversal when selling dried up with the relentless SBB Expect good set of results fm FR

 

CPO still on uptrend and strong footing @ 4046

Reversal for FR shld be coming

Chart looks bottomish and ripe for a reversal when selling dried up with the relentless SBB

Expect good set of results fm FR

 

SBB for today.  53 lots @ 1.3

Tat brings the accumulated shares for Oct to 2153000 shares 

msksmsks      ( Date: 17-Oct-2022 19:36) Posted: Since the embarkment of SBB started in Aug till current, FR had bght back following number of shares : Aug (817300 shares) Sept (4509900 shares) Oct (2100000 shares as of Oct 17 and wl increase if Co still buying till blackout period) AS mentioned before,  scripts are getting lesser as Co been actively doing SBB and selling wl be absorbed & exhausted. Opined FR wl hv a strong reversal in due course. Cheers

 

closing not strong..

 

https://tradingeconomics.com/commodity/palm-oil
 

PQTPQK      ( Date: 18-Oct-2022 15:09) Posted: what is the CPO price now ? msksmsks      ( Date: 18-Oct-2022 14:37) Posted: Tks for sharing the info Looks like palm stocks on its way to recovery

 

what is the CPO price now ?

msksmsks      ( Date: 18-Oct-2022 14:37) Posted: Tks for sharing the info Looks like palm stocks on its way to recovery s100125      ( Date: 18-Oct-2022 14:33) Posted: CPO prices buoyed by a weak ringgit and concerns over supply disruption as Russia threatened to pull out of an agreement on Black Sea grain exports. Expectations of a drop in Southeast Asian palm oil production from November to February due to potential La Nina weather disruption also supported prices.

 

Tks for sharing the info

Looks like palm stocks on its way to recovery

s100125      ( Date: 18-Oct-2022 14:33) Posted: CPO prices buoyed by a weak ringgit and concerns over supply disruption as Russia threatened to pull out of an agreement on Black Sea grain exports. Expectations of a drop in Southeast Asian palm oil production from November to February due to potential La Nina weather disruption also supported prices.

 

CPO prices buoyed by a weak ringgit and concerns over supply disruption as Russia threatened to pull out of an agreement on Black Sea grain exports. Expectations of a drop in Southeast Asian palm oil production from November to February due to potential La Nina weather disruption also supported prices.

 

Relac

It wl be soon

Once the shorts turned long and coupled with angmoh hses buying....

Hv experienced this plentiful times

Cheers

PQTPQK      ( Date: 18-Oct-2022 13:49) Posted: hope will break up soon... msksmsks      ( Date: 18-Oct-2022 13:28) Posted: Well said... Thus, 2H22 wl be still very good for FR as CPO is still higher than last corresponding perio. Taking the que fm the interim dividend of more than double compared 1H21, opined that we shld be getting another generous/higher final dividend payout for 2H22 Lets see how high FR can go this time

 

hope will break up soon...

msksmsks      ( Date: 18-Oct-2022 13:28) Posted: Well said... Thus, 2H22 wl be still very good for FR as CPO is still higher than last corresponding perio. Taking the que fm the interim dividend of more than double compared 1H21, opined that we shld be getting another generous/higher final dividend payout for 2H22 Lets see how high FR can go this time. s100125      ( Date: 18-Oct-2022 13:22) Posted: Year end festives season and 2023 Chinese New Year will likely see high demand in CPO

 

Well said...

Thus, 2H22 wl be still very good for FR as CPO is still higher than last corresponding perio.

Taking the que fm the interim dividend of more than double compared 1H21, opined that we shld be getting
another generous/higher final dividend payout for 2H22

Lets see how high FR can go this time.

s100125      ( Date: 18-Oct-2022 13:22) Posted: Year end festives season and 2023 Chinese New Year will likely see high demand in CPO. msksmsks      ( Date: 18-Oct-2022 13:15) Posted: taste even better when FR starts to run up... the best is yet to be seen,...... now juz the beginning...... waiting to see 8-15ct run up kind of thin

 

Year end festives season and 2023 Chinese New Year will likely see high demand in CPO.

msksmsks      ( Date: 18-Oct-2022 13:15) Posted: taste even better when FR starts to run up... the best is yet to be seen,...... now juz the beginning...... waiting to see 8-15ct run up kind of thing PQTPQK      ( Date: 18-Oct-2022 13:08) Posted: look good !!

 

taste even better when FR starts to run up...

the best is yet to be seen,......

now juz the beginning......

waiting to see 8-15ct run up kind of thing

PQTPQK      ( Date: 18-Oct-2022 13:08) Posted: look good !!! msksmsks      ( Date: 18-Oct-2022 12:44) Posted: CPO rallied strongly.  Now standing 4065 Those shorts in the mrng wl likely hv to cover higher.... FR wl rally in tandem wif CPO recover

 

look good !!!

msksmsks      ( Date: 18-Oct-2022 12:44) Posted: CPO rallied strongly.  Now standing 4065 Those shorts in the mrng wl likely hv to cover higher.... FR wl rally in tandem wif CPO recovery msksmsks      ( Date: 18-Oct-2022 11:34) Posted: CPO rallied past 4K and now 4020 .... Can' t keep the lid on for long... Time for palm stocks to rally bk strongly.....as cpo rebound fm low 32xx to 4xxx Cheer

 

CPO rallied strongly.  Now standing 4065

Those shorts in the mrng wl likely hv to cover higher....

FR wl rally in tandem wif CPO recovery

msksmsks      ( Date: 18-Oct-2022 11:34) Posted: CPO rallied past 4K and now 4020 .... Can' t keep the lid on for long... Time for palm stocks to rally bk strongly.....as cpo rebound fm low 32xx to 4xxx Cheers msksmsks      ( Date: 18-Oct-2022 11:18) Posted: CPO rallied further to 3955 as currently standing ... Opined wl rally over 4XXX in no time. It' s abt time for FR to rally bk

 

CPO rallied past 4K and now 4020 ....

Can' t keep the lid on for long...

Time for palm stocks to rally bk strongly.....as cpo rebound fm low 32xx to 4xxx

Cheers

msksmsks      ( Date: 18-Oct-2022 11:18) Posted: CPO rallied further to 3955 as currently standing ... Opined wl rally over 4XXX in no time. It' s abt time for FR to rally bk

 

CPO rallied further to 3955 as currently standing ...

Opined wl rally over 4XXX in no time.

It' s abt time for FR to rally bk 

 

Attempts to depress FR price with low volume earlier  was thwarted by " watchful eyes"  

Fear not those selling........

Those shorted wl hv to cover higher 

As said before......FR wl rally back strongly...

Take this opportunity to load up 
 

 

CPO rally and currently @ 3905   

Let' s see how it wl perform with SBB fm the Co

 

 

Since the embarkment of SBB started in Aug till current, FR had bght back following number of shares :

Aug (817300 shares)

Sept (4509900 shares)

Oct (2100000 shares as of Oct 17 and wl increase if Co still buying till blackout period)

AS mentioned before,  scripts are getting lesser as Co been actively doing SBB and selling wl be absorbed & exhausted.

Opined FR wl hv a strong reversal in due course.

Cheers