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Your guess is as good as mine, ha ha. Think it's drifting sideways and range bound. The good news: India has resumed buying after 5 months standstill. CPO 4020
Kelapa sawit ada musim juga, production bulan Jan Feb March biasanya kurang. bulan April production start naik. Plantation sector perlu tengok 1thn, bukan tengok 3 bulan.
Noname, EPS QoQ has plunged but YoY has actually improved. Q1 Q2 was impressive with price action soaring beyond RM1.4++ riding on CPO at 5200. I don't see CPO flying 5000 anytime soon and don't expect to see Jtiasa hitting RM1.40 soon. So again don't FOMO and get trapped at high prices. Sentiment is very bad now. Keep more cash to buy at discounted prices, 112 to 96c, ha ha.. Many plantation and property stocks may experience further downturn. You wanna be cash rich at those times, ha ha