Amid a market roiled by geopolitical tensions, savvy investors are on the hunt for robust investment opportunities. A striking illustration of this trend is the overwhelming response to MKH Oil Palm (East Kalimantan)’s IPO, which was oversubscribed by 8.4 times. History shows us that in times of crisis, commodities typically become a safe haven, making now an intriguing moment to consider palm oil stocks.
As I pen this, the pric...

With CPO price now maintaining well above the RM4,000 level, we are seeing positive momentum from several plantation stocks, including INNO (6262), JTIASA (4383), TAANN (5012), and many more. MBL, positioned as the beneficiary of the booming palm oil industry, is seeing consolidation in the price range of RM0.410 to RM0.450, should the company’s share price maintain above RM0.420 for the next few trading days, we expect MBL to challenge R1, which ...