How bad is China's economy?

Every week we hear some bad news from China, for example:

http://www.bloomberg.com/news/2013-07-24/c...wn-deepens.html

http://www.bloomberg.com/news/2013-07-10/c...on-economy.html

But at the same time, we have been told that China's GDP will grow about 7.5% this year, which is one of the fastest in the world. Where does the growth come from

tmclife tmclifee ! bee boo bee boo !

Bee boo bee boo... means ambulance coming.

So who is injured?

Long time didnt check in, index already standing at 1800

Internal infrastructure construction boost by chinese Gov. Not really healthy growth of GDP.

The dividend monies are parked with the bank earlier together with the list of shareholders. So when the due date comes, a click will suffice and the monies should be there.

Today palm oil plunge a lot kah?

No wor.. only drop RM 9 from 2183 to 2174...

Probally someone panic now psychologically below 2200.

Time to pick some juicy plantations... especially those CPO cost below RM 1500 ones... still got good margin, shake out all the weak players:hehe:

Probally this news kua...



This post has been edited by gark: Jul 29 2013, 02:47 PM

Attached thumbnail(s)

France will not discriminate palm oil products

the CPO shld go up

They don't discriminate only they don't use it... whats the difference? These from the same people which raised the nutella tax.

CPO need this plunge, too many people planting expecting green gold. Good to shake out the weaker players, and the the price bottom up and set it up nicely for a bull run later. Hope the price drop below RM 1,500 / ton.. a lot of people gonna give away their palm fruit for free.

This post has been edited by gark: Jul 29 2013, 02:54 PM

Here we go again roller coaster... dead cat bouncing, now going down.

All my current holdings is blood RED today...

This post has been edited by gark: Jul 29 2013, 03:01 PM

so do i. damn bloody RED

apa macam..you got give tips for plantation stock..also go down ??? like SOP

Sure go down ler.. all CPO go down, in short term all profit will get hit. But I see a longer picture on the maturing palm oil, which will translate to higher earning, but a couple years down the road.

Not for the faint hearted...

This post has been edited by gark: Jul 29 2013, 03:13 PM

is CPO continue still can go down ???

Probably.. it did so previously. Max down i think will be RM 1,600-1,800/ton, lower than that a lot of plantation will not want to harvest, and let the fruit rot on tree. When this happens like in 2008/2009 the bounce back is extremely fast.

Plantation companies are not all efficient, when the price is high all tom d*** and harry also can make money. Looking at yield/ha and OER, low cost producers total costs are about RM 1,200-1,500 /ton CPO. Medium Cost producers are RM 1,500-1,800/ton CPO. Higher cost producers are about RM 1,800-2,200/ton.

Trick is look for :-

1. Low average tree age of 5-8 years
2. Significant plantable reserves
3. Lowest EV per ha plantation
4. High yield per Ha (min 18 t/ha)
5. High OER (Min 20%)

THANKS YOU VERY MUCH..

listen music in this red market...