Plantation stocks had been rated as underweight by OSK Research and Maybank Investment Bank. I just planned to buy more plantation stocks. And they said better start to sell now. They revised lots of plantation stocks target price including the one that I bought lately ~ IOICORP.

Based on the research, CPO price to correct in 2H09. I believe that because CPO price had been gone up too far lately. It is time to slow down and drop little bit. Drop to RM2,000 per ton? By the way, I just know that soybean is the competitor to palm oil. They use it as cooking oil?

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I love to buy plantation stocks in Malaysia KLCI. There are several good counters that really performing well lately. And the good thing about plantation stocks, you can some kind predict their stocks price by looking at crude oil and palm oil price (FCPO). I noticed that crude oil price also hit bottom and starting to recover now.

My friend Jason told me to monitor HSPLANT. I checked it and discovered that HSPLANT has a good dividend yield ~ around 5-8% depend on the price you bought it. And the capital gain easily goes up 50-75% as the 52-week low is RM1.25 with current price RM2.20. Isn’t plantation stock good to invest?

Most of the plantation stocks hit bottom during November 2008. And bounced back at least 50-100% since then. It will keep going up. So what are you waiting for? It’s time to buy more. Now or never…

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