With weak crude palm oil price at about US 920 and weak USD against Ringgit, avoid buying plantation shares this few days. Unless of course the share prices plunges, like when TDM plantation earning was announced last week.
IJMP and HSP share prices stll holding well but others like J Tiasa, TaAnn have come off.
Buy only on deep discount to trade ...
If MYR continues to strengthen, it will also downgrades the earnings of the glovemakers who repatriates the earnings to Ringgit
IJMP and HSP share prices stll holding well but others like J Tiasa, TaAnn have come off.
Buy only on deep discount to trade ...
If MYR continues to strengthen, it will also downgrades the earnings of the glovemakers who repatriates the earnings to Ringgit
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