Disclamier ....mine suggestion not reponsible when someone buying this stock or plantation stock.

Yes, supply demand. What you say there is correct.

Unless....

1) BPLANT yield is too low also until cannot earn extra.
2) customer shift to buy Soybean

1)CPO freshness aka quality is lesser time go to mill to process. el nino indirect will effect fruits quality during transporting before reaching the mill.

2) el nino strike those palm oil will produce less fruit.
el nino is one of general plantation movement becoz of CPO price.

there other factore to consider a plantation stock: FFB per hectar, and age of palm oil, and the size of the landbank expansion. Also soya bean price movement also has indirectly effect the CPO price.

it best you read each individual plantation annual report.

You can wait the IB research analysis. the stock already fly high.

or you can do ownself before the market( shark and ikan bilis) push the stock up.

Do come read and sharing here. I learn from sifu here.

My knowledge until general infor  ..come to detail to calculation is uncle Gark. 

Miss    Unle Gark 

No need to make disclaimer...U're not offering your professional share market advice for a fee.

im lousy man..can bring ppl to HOLLAND 

Where is stabilizing manager? 1.59 now ? I thought they should support at 1.6?

If u monitor Icon, they will support +/- 4 cents from IPO price

Affin bot 0.90 mil shares from 1.59 - 1.60 today
Total purchased is 33.29 mil shares