2016年5月24日星期二

All plantation stocks suffered & NOT benefited from El Nino


Author: moneySIFU   |   Publish date: Tue, 24 May 2016, 02:22 PM 

Many bloggers in i3 have recommended plantation stocks due to the effect of El Nino where all of them have correctly predicted the increase of palm oil price.
However, I did comment in some of the articles where the increase of price was due to the lower supplies result of El Nino, so overall the income will drop due to less productions from plantation states. 
Below are TODAY'S NEWS, Let's see who are correct:


FGV posts Q1 net loss of RM65m, hit by El Nino

http://www.thestar.com.my/business/business-news/2016/05/24/fgv-posts-q1-net-loss-of-rm65m-hit-by-el-nino/

Genting Plantations impacted by lower palm oil output

http://www.thestar.com.my/business/business-news/2016/05/24/genting-plantations-impacted-by-weak-sentiment/

TH Plantations - 1Q16: Dragged by weak output

http://klse.i3investor.com/blogs/kltrader/97046.jsp
 

Malaysian palm oil price falls to near 3-month low

http://www.thestar.com.my/business/business-news/2016/05/24/palm-falls-to-near-threemonth-low/

 

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