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Palm oil is chionging everyday yet tis babe still lacking behind.....chiong arhhhhhhh......
All Palm oil counters are ready to chiong.
Don't miss the boat.
Indofood Agri, resistance level 47.5 and 55.
After 55, a complete bull run start.
Break 45.5 and 47.5 first.
http://www.mpoc.org.my/Daily_Palm_Oil_Prices.aspx
http://m.investing.com/commodities/crude-palm-oil
CPO price is on the way up. Record high is about 1200 usd per ton, record low is about 380 usd per ton. Now is about 600 usd per ton.
Although market is bearish on cpo price soy oil price, the price upward trend is not stopped same as oil price.
earlybird14 ( Date: 21-Sep-2016 09:12) Posted:
India demand continue up. China cpo inventory as low as 2010. Malaysia cpo inventory 4 years low. El Niņo affect palm oil production all factors drive cpo price to higher level.
earlybird14 ( Date: 21-Sep-2016 09:09) Posted:
| Time to chiong. Indian is drinking Palm oil. |
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this stock tak boleh jalan. hahahha
earlybird14 ( Date: 21-Sep-2016 09:12) Posted:
India demand continue up. China cpo inventory as low as 2010. Malaysia cpo inventory 4 years low. El Niņo affect palm oil production all factors drive cpo price to higher level.
earlybird14 ( Date: 21-Sep-2016 09:09) Posted:
| Time to chiong. Indian is drinking Palm oil. |
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India demand continue up. China cpo inventory as low as 2010. Malaysia cpo inventory 4 years low. El Niņo affect palm oil production all factors drive cpo price to higher level.
earlybird14 ( Date: 21-Sep-2016 09:09) Posted:
| Time to chiong. Indian is drinking Palm oil. |
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Time to chiong. Indian is drinking Palm oil.
CPO re-testing RM2700 .....
Qanghoo ( Date: 20-Sep-2016 15:32) Posted:
Anyway, CPO px has apparently turned from bearish to bullish lately. So, may be worth a bet. DYODD as always.
halleluyah ( Date: 20-Sep-2016 15:09) Posted:
Bet no int hike.....go loooong fr tis undervalue babe.....
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Anyway, CPO px has apparently turned from bearish to bullish lately. So, may be worth a bet. DYODD as always.
halleluyah ( Date: 20-Sep-2016 15:09) Posted:
Bet no int hike.....go loooong fr tis undervalue babe.....
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Bet no int hike.....go loooong fr tis undervalue babe.....
still lacking behing.....agri in play.....
Go for it.....go go
No stock can fly when Dow flying red flag. But it is a good time to test the low. What cannot go down will only go up.
Let's see if indofood will break historical low or not.
HuathuatLeo ( Date: 13-Sep-2016 17:47) Posted:
can fly to how much ah EB?
earlybird14 ( Date: 13-Sep-2016 16:36) Posted:
This indofood is nothing to do with indofood Agri. Basically 2 are different companies under Salim family.
Why 3 to 0.45? BecAuse BBs have no enough share to push. Cpo price is about40% more expensive in India. Nothing to worry, low liquidity, price easily go down and go up too.
Let BBs to collect enough then indofood Agri can fly |
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can fly to how much ah EB?
earlybird14 ( Date: 13-Sep-2016 16:36) Posted:
This indofood is nothing to do with indofood Agri. Basically 2 are different companies under Salim family.
Why 3 to 0.45? BecAuse BBs have no enough share to push. Cpo price is about40% more expensive in India. Nothing to worry, low liquidity, price easily go down and go up too.
Let BBs to collect enough then indofood Agri can fly.
upndown ( Date: 13-Sep-2016 14:34) Posted:
I am also very positive on the news of this sale especially in this kind of market as this will boost company cashflow. Bro earlybird, could you share your insight in this, and also whats your view that resulted in this counter falling from $3 to current price in the absence of stock splits or huge dividends payout
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Cpo price is about40% more expensive in India???
i believe its taxes make it so..
not that u can sell it for 40% higher n make money
earlybird14 ( Date: 13-Sep-2016 16:36) Posted:
This indofood is nothing to do with indofood Agri. Basically 2 are different companies under Salim family.
Why 3 to 0.45? BecAuse BBs have no enough share to push. Cpo price is about40% more expensive in India. Nothing to worry, low liquidity, price easily go down and go up too.
Let BBs to collect enough then indofood Agri can fly.
upndown ( Date: 13-Sep-2016 14:34) Posted:
I am also very positive on the news of this sale especially in this kind of market as this will boost company cashflow. Bro earlybird, could you share your insight in this, and also whats your view that resulted in this counter falling from $3 to current price in the absence of stock splits or huge dividends payout
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This indofood is nothing to do with indofood Agri. Basically 2 are different companies under Salim family.
Why 3 to 0.45? BecAuse BBs have no enough share to push. Cpo price is about40% more expensive in India. Nothing to worry, low liquidity, price easily go down and go up too.
Let BBs to collect enough then indofood Agri can fly.
upndown ( Date: 13-Sep-2016 14:34) Posted:
I am also very positive on the news of this sale especially in this kind of market as this will boost company cashflow. Bro earlybird, could you share your insight in this, and also whats your view that resulted in this counter falling from $3 to current price in the absence of stock splits or huge dividends payout
francisd ( Date: 07-Sep-2016 16:09) Posted:
Indonesia' s Indofood to sell China Minzhong stake for $484 mln
* Indofood to sell 82.9 pct in Minzhong to Marvellous * Marvellous to pay for Indofood' s stake with cash, bonds * Indofood to exchange bonds with 29.9 pct in Minzhong * Minzhong shares surge nearly 20 pct By Eveline Danubrata JAKARTA, Sept 7 (Reuters) - Indonesia' s PT Indofood Sukses Makmur Tbk will sell its entire 82.88 percent stake in vegetable processor China Minzhong Food Corp Ltd to an investment vehicle controlled by the Indonesian firm' s top executive for S$651.9 million ($484.1 million).
The deal, which was announced in a stock exchange filing on Wednesday, means Indofood has scrapped its earlier plan to sell 52.94 percent of China Minzhong to a vehicle controlled by the Singapore-listed company' s senior executives. http://reut.rs/2cnhpzr Under the latest agreement, Marvellous Glory Holdings will pay for Indofood' s entire China Minzhong stake with S$416.4 million in cash and the rest in bonds. Indofood will exchange the bonds for 29.94 percent of China Minzhong. [nL3N1BJ1ZE] Indofood' s president director Anthoni Salim indirectly owns and controls nearly 93 percent of Marvellous, which will also buy out China Minzhong' s minority shareholders with the intention of privatising the company.
Despite the weak global macro-economic conditions, Indofood said it believes in the long-term prospects of China Minzhong, which processes vegetables such as champignon mushrooms and black fungus.
The Indonesian company, one of the world' s biggest instant noodle makers, also said it chose to retain a reduced stake in China Minzhong due to the " possibility of realizing synergies" between their businesses.
Brokerage Maybank Kim Eng said in a note to clients on Wednesday that the move is positive for Indofood as it may lead to a lighter balance sheet, lower foreign exchange exposure and improved returns for its capital allocation.
China Minzhong shares surged as much as 20 percent to their highest in more than three years, while Indofood rose 0.9 percent.
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I am also very positive on the news of this sale especially in this kind of market as this will boost company cashflow. Bro earlybird, could you share your insight in this, and also whats your view that resulted in this counter falling from $3 to current price in the absence of stock splits or huge dividends payout
francisd ( Date: 07-Sep-2016 16:09) Posted:
Indonesia' s Indofood to sell China Minzhong stake for $484 mln
* Indofood to sell 82.9 pct in Minzhong to Marvellous * Marvellous to pay for Indofood' s stake with cash, bonds * Indofood to exchange bonds with 29.9 pct in Minzhong * Minzhong shares surge nearly 20 pct By Eveline Danubrata JAKARTA, Sept 7 (Reuters) - Indonesia' s PT Indofood Sukses Makmur Tbk will sell its entire 82.88 percent stake in vegetable processor China Minzhong Food Corp Ltd to an investment vehicle controlled by the Indonesian firm' s top executive for S$651.9 million ($484.1 million).
The deal, which was announced in a stock exchange filing on Wednesday, means Indofood has scrapped its earlier plan to sell 52.94 percent of China Minzhong to a vehicle controlled by the Singapore-listed company' s senior executives. http://reut.rs/2cnhpzr Under the latest agreement, Marvellous Glory Holdings will pay for Indofood' s entire China Minzhong stake with S$416.4 million in cash and the rest in bonds. Indofood will exchange the bonds for 29.94 percent of China Minzhong. [nL3N1BJ1ZE] Indofood' s president director Anthoni Salim indirectly owns and controls nearly 93 percent of Marvellous, which will also buy out China Minzhong' s minority shareholders with the intention of privatising the company.
Despite the weak global macro-economic conditions, Indofood said it believes in the long-term prospects of China Minzhong, which processes vegetables such as champignon mushrooms and black fungus.
The Indonesian company, one of the world' s biggest instant noodle makers, also said it chose to retain a reduced stake in China Minzhong due to the " possibility of realizing synergies" between their businesses.
Brokerage Maybank Kim Eng said in a note to clients on Wednesday that the move is positive for Indofood as it may lead to a lighter balance sheet, lower foreign exchange exposure and improved returns for its capital allocation.
China Minzhong shares surged as much as 20 percent to their highest in more than three years, while Indofood rose 0.9 percent.
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Indonesia' s Indofood to sell China Minzhong stake for $484 mln
* Indofood to sell 82.9 pct in Minzhong to Marvellous * Marvellous to pay for Indofood' s stake with cash, bonds * Indofood to exchange bonds with 29.9 pct in Minzhong * Minzhong shares surge nearly 20 pct By Eveline Danubrata JAKARTA, Sept 7 (Reuters) - Indonesia' s PT Indofood Sukses Makmur Tbk will sell its entire 82.88 percent stake in vegetable processor China Minzhong Food Corp Ltd to an investment vehicle controlled by the Indonesian firm' s top executive for S$651.9 million ($484.1 million).
The deal, which was announced in a stock exchange filing on Wednesday, means Indofood has scrapped its earlier plan to sell 52.94 percent of China Minzhong to a vehicle controlled by the Singapore-listed company' s senior executives. http://reut.rs/2cnhpzr Under the latest agreement, Marvellous Glory Holdings will pay for Indofood' s entire China Minzhong stake with S$416.4 million in cash and the rest in bonds. Indofood will exchange the bonds for 29.94 percent of China Minzhong. [nL3N1BJ1ZE] Indofood' s president director Anthoni Salim indirectly owns and controls nearly 93 percent of Marvellous, which will also buy out China Minzhong' s minority shareholders with the intention of privatising the company.
Despite the weak global macro-economic conditions, Indofood said it believes in the long-term prospects of China Minzhong, which processes vegetables such as champignon mushrooms and black fungus.
The Indonesian company, one of the world' s biggest instant noodle makers, also said it chose to retain a reduced stake in China Minzhong due to the " possibility of realizing synergies" between their businesses.
Brokerage Maybank Kim Eng said in a note to clients on Wednesday that the move is positive for Indofood as it may lead to a lighter balance sheet, lower foreign exchange exposure and improved returns for its capital allocation.
China Minzhong shares surged as much as 20 percent to their highest in more than three years, while Indofood rose 0.9 percent.
aiya wont go to $3 la. those were the days. may be go to 30ts first before we see $1. hahaha
earlybird14 ( Date: 31-Aug-2016 14:10) Posted:
Every down is a chance to accumulate.
2008-2010 0.4x to 3 dollars.
Dream on it. |
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Every down is a chance to accumulate.
2008-2010 0.4x to 3 dollars.
Dream on it.
U sure won' t? U probably haven' t experienced enough of the mkt here. I' m not saying it wld definitely go to 41c. But for me, I' ve seen it before. Anyway, CPO px is also down quite a bit. So, if anything else, probably good excuse to press px down.
Lost_on_Ezion ( Date: 31-Aug-2016 12:57) Posted:
Wont lah. Siao lah u. So pessimistic
HuathuatLeo ( Date: 31-Aug-2016 12:20) Posted:
if 45 breaks then this will be indo ugly. lmao hahahaa. then can wait around 41cts liao. haha
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