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All commodity price recently are likely to continue rising as expected trump to have more stimulate package .
CPO hit 4-yr high, hit intra-day high of 3089RM on bursa last friday ..... Link to FT article below.
Palm oil hits 4-year high after Trump victory
Qanghoo ( Date: 09-Nov-2016 12:48) Posted:
CPO hit 2843RM yesterday on Bursa, 2016 high.
MarcLim ( Date: 09-Nov-2016 12:36) Posted:
Buy back hold and wait again for 49/50c ^^
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CPO hit 2843RM yesterday on Bursa, 2016 high.
MarcLim ( Date: 09-Nov-2016 12:36) Posted:
Buy back hold and wait again for 49/50c ^^
earlybird14 ( Date: 28-Oct-2016 10:48) Posted:
A stock up when market is down, from here, it tell a lot.
Sideline? Tuesday high was 49. Today high is 50.
It already sideline for many months, still sidelines doesn't show respect the players who accumulate low for this low liquidity stock for months and a fantastic result in past 3 months which cpo price in average was below today level.
http://indofoodagri.listedcompany.com/newsroom/20161028_060404_5JS_YSP2MGP2QSG2BN3V.1.pd |
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Buy back hold and wait again for 49/50c ^^
earlybird14 ( Date: 28-Oct-2016 10:48) Posted:
A stock up when market is down, from here, it tell a lot.
Sideline? Tuesday high was 49. Today high is 50.
It already sideline for many months, still sidelines doesn't show respect the players who accumulate low for this low liquidity stock for months and a fantastic result in past 3 months which cpo price in average was below today level.
http://indofoodagri.listedcompany.com/newsroom/20161028_060404_5JS_YSP2MGP2QSG2BN3V.1.pdf
Qanghoo ( Date: 28-Oct-2016 10:29) Posted:
Haha, my average ard 45c. I don' t mind average up a bit cos I think this one on uptrend. DYODD as always.
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A stock up when market is down, from here, it tell a lot.
Sideline? Tuesday high was 49. Today high is 50.
It already sideline for many months, still sidelines doesn't show respect the players who accumulate low for this low liquidity stock for months and a fantastic result in past 3 months which cpo price in average was below today level.
http://indofoodagri.listedcompany.com/newsroom/20161028_060404_5JS_YSP2MGP2QSG2BN3V.1.pdf
Qanghoo ( Date: 28-Oct-2016 10:29) Posted:
Haha, my average ard 45c. I don' t mind average up a bit cos I think this one on uptrend. DYODD as always.
HuathuatLeo ( Date: 28-Oct-2016 10:08) Posted:
wait for trump and clinton show to end 1st.. now sideline abit..hahahaha
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Haha, my average ard 45c. I don' t mind average up a bit cos I think this one on uptrend. DYODD as always.
HuathuatLeo ( Date: 28-Oct-2016 10:08) Posted:
wait for trump and clinton show to end 1st.. now sideline abit..hahahaha
Qanghoo ( Date: 28-Oct-2016 10:04) Posted:
I' m trying to collect more too at lower px.
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Week chart resistance 46.5 was broken based on today chart month resistance is 54.
Yesterday price low was 47, which was supported by 46.5.
Let's hope price pushing up with the week uptrend to break 54 and move to long term uptrend this time.
Cpo price in Malaysia is about rm 2700. In India is about us 540. Historical high of cpo was above us1000.
If market are trying to push edible oil price in next 2 years after a long term downtrend since 2011, there are a lot of rooms for cpo counters to grow.
earlybird14 ( Date: 16-Aug-2016 15:47) Posted:
Week chart resistance 49.5 which is now. Month chart resistance 56.5.
So long as these 2 level can break, can hold for long term comfortably.
Anyway. I have hold about 45-47 for about 2-3 months. Even cannot break, I will just hold it continually.
Good luck. This is long term holding due to low liquidity. The strong upswing power will only happen when the 2 resistance is broken.
Trexxx ( Date: 16-Aug-2016 15:32) Posted:
whats your view on longterm TA? i missed this, only have golden agri..
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wait for trump and clinton show to end 1st.. now sideline abit..hahahaha
Qanghoo ( Date: 28-Oct-2016 10:04) Posted:
I' m trying to collect more too at lower px.
HuathuatLeo ( Date: 28-Oct-2016 10:00) Posted:
wah kkj come back liao.
good ..let it retrace some more..will collect on dips..
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When oil price at bottom, offshore oil counter all report loss.
When Cpo oil price at bottom, indofood and other cpo counters break even or making money.
This just give a simple conclusion, it is a counter worth to hold for long term when price is at historical bottom since it is a never fall counter, what go up must come down, what come down must go up.
For a never fall counter, load at historical low is going to reward in future with very safe level.
When majority chasing noble, chasing Ezion and offshore counters for bottom price but ignoring a real long term counter which worth for a long term betting on recovery.
earlybird14 ( Date: 28-Oct-2016 09:57) Posted:
Indofood is the only stock worth for hold long term in sgx due to price bottom, cpo price up from bottom and undervalued compared to all cpo counters in the market now.
earlybird14 ( Date: 28-Oct-2016 09:54) Posted:
Who will run road at bottom. Stupid.
Chart show it break week chart resistance after long time accumulation.
Indofood will be up non stop for next 1 year |
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I' m trying to collect more too at lower px.
HuathuatLeo ( Date: 28-Oct-2016 10:00) Posted:
wah kkj come back liao.
good ..let it retrace some more..will collect on dips..
earlybird14 ( Date: 28-Oct-2016 09:57) Posted:
| Indofood is the only stock worth for hold long term in sgx due to price bottom, cpo price up from bottom and undervalued compared to all cpo counters in the market now |
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wah kkj come back liao.
good ..let it retrace some more..will collect on dips..
earlybird14 ( Date: 28-Oct-2016 09:57) Posted:
Indofood is the only stock worth for hold long term in sgx due to price bottom, cpo price up from bottom and undervalued compared to all cpo counters in the market now.
earlybird14 ( Date: 28-Oct-2016 09:54) Posted:
Who will run road at bottom. Stupid.
Chart show it break week chart resistance after long time accumulation.
Indofood will be up non stop for next 1 year |
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Indofood is the only stock worth for hold long term in sgx due to price bottom, cpo price up from bottom and undervalued compared to all cpo counters in the market now.
earlybird14 ( Date: 28-Oct-2016 09:54) Posted:
Who will run road at bottom. Stupid.
Chart show it break week chart resistance after long time accumulation.
Indofood will be up non stop for next 1 year.
halleluyah ( Date: 09-Oct-2016 12:18) Posted:
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Who will run road at bottom. Stupid.
Chart show it break week chart resistance after long time accumulation.
Indofood will be up non stop for next 1 year.
halleluyah ( Date: 09-Oct-2016 12:18) Posted:
Agak run road liao....
HuathuatLeo ( Date: 06-Oct-2016 22:31) Posted:
wow, this counter today can touch 47. Jiayou..now let' s go on to 70 , 80, 1.00 , 1.50, 2.00.
Btw where is kukubird? hahaha
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CPO broke 2800 RM on Bursa yesterday. Think first time this yr ....
Qanghoo ( Date: 24-Oct-2016 10:53) Posted:
Palm oil > 2700+RM for past 5 trading days on bursa. This one engine reeving finally?
Qanghoo ( Date: 18-Oct-2016 09:12) Posted:
Palm oil on Bursa chionged 4% yesterday. Recent low on 10 Oct 16 was RM2542. Yesterday RM2770.
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Palm oil > 2700+RM for past 5 trading days on bursa. This one engine reeving finally?
Qanghoo ( Date: 18-Oct-2016 09:12) Posted:
Palm oil on Bursa chionged 4% yesterday. Recent low on 10 Oct 16 was RM2542. Yesterday RM2770.
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Bottom le not?
Palm oil on Bursa chionged 4% yesterday. Recent low on 10 Oct 16 was RM2542. Yesterday RM2770.
Agak run road liao....
HuathuatLeo ( Date: 06-Oct-2016 22:31) Posted:
wow, this counter today can touch 47. Jiayou..now let' s go on to 70 , 80, 1.00 , 1.50, 2.00.
Btw where is kukubird? hahaha
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Sold mine at 465 and some at 47. I cannot trust this fellow to perform. Got 4 bid after so long. Haiz. Will join at lower levels.
Qanghoo ( Date: 07-Oct-2016 17:40) Posted:
Lembek liao.
MarcLim ( Date: 07-Oct-2016 11:33) Posted:
At least Got bit of volume 🤔 🤔 🤔
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Lembek liao.
MarcLim ( Date: 07-Oct-2016 11:33) Posted:
At least Got bit of volume 🤔 🤔 🤔
Qanghoo ( Date: 06-Oct-2016 22:38) Posted:
Brother, this one finally got a bit of viagra injected. Hope they pump it more. But CPO px like weakening leh. Maybe, they withdraw the viagra from CPO in pump it directly into IA. Haha. I' m vested n straining my neck too .....
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