QUOTE(cherroy @ Jul 22 2009, 02:46 PM)
I don't like current market rise/theme especially plantation stocks going up without CPO price going up in line with it.
If CPO price doesn't go up, it just means defying fundamental only, unless we see improvement in CPO demand aka even at lower price but plantation company can sell more to achieve higher profit.
We need to see earning improvement at good pace so that plantation stocks have room for the upside.
My view only.
I agree with Cherroy on this, our market has continously rallied for the pass few days... i am getting very worried...
QUOTE(jasontoh @ Jul 22 2009, 02:46 PM)
Hopefully la. I have small cap only
only thing i can say is neither good or bad
QUOTE(kroegand @ Jul 22 2009, 02:47 PM)
Incken, Dutalnd and Mvest going up today

same as above
QUOTE(jasontoh @ Jul 22 2009, 02:47 PM)
My favourite theme - Plantation and ONG
Added on July 22, 2009, 2:49 pmPls Sapcres, can you breach 1.68(yat low fatt) today?
Plantation is cylical in nature..
ONG is crazy.
For me and speaking solely for myself, i would probably pick up somewhere between Aug- Latest Nov... supposedly Dec CPO prices are traditionally weak... IF... the BIG IF... My must have list

Most of my counters consist of Gambling, Telcomunication, Reits... adding either a plantation or a bank would satisfy myself most.