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No big news, Just good understanding. Smart money comes to stocks like United Plantations. This stock always go up slowly steadily. Good news might be biodiesel mandate, and ex dividend date is coming on 24 April.
Actually CPO price doesn’t have direct relation with UP. UP’s business model is sell forward. Price fall this time is due to chain effect. Nothing to worry.
This is a good stock. One of the few good stocks in Bursa alongside United plantations. Steady dividends and growth. Why are there many people who complain that Bursa underperforms and have slow growth? They gamble on rubbish stocks instead of investing in good stocks like Kmloong and United plantations.
Lol Genting, another non syariah compliant stock. Ok you don’t just talk, make sure you take action and buy genting if you think genting is not rubbish. Unbelievable that there are people who buy and defend stocks like BAT and Genting. No wonder 90% of retails lose money.
A company that sells cigarettes? Rubbish company. Tak halal, and non Syariah compliant. There are reasons why the stock price can fall from 70 to 5. The decline has started way before vape even exist.
