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For many years Rhone Ma has been impacted from the weak RM/strong USD but now the US will reduce interest rates (5.25-5.5%) and the RM will have sustained strength. This will greatly benefit importers and provide continuity. In addition, commodity prices like corn and soybean is trending lower since May/Jun 2024, further lowering it's raw material costs while also benefitting it's customers like poultry, swine, which will in turn benefit the animal health and nutrition co's like Rhonema. Uncle look forward to 2025 and beyond as a growth year for the business as well as secular growth from the dairy farm JV with Kulim, the parent of Johor Plantations
Ha ha ha be patient Henry. As Warren Buffett says buy when nobody is looking, when the news all out and after up 500%, then sell. In uncle experience in Bursa, the quiet ones earn the most, like YTLP and YTL stocks, no news...
There is many reasons why people sell a stock, but there is only 1 reason why insider and executive director of sales buy a stock...turning point is here