Skip to main content

Things To Come From Food Crisis

More rushed conferences and summits among regional players. DOHA antagonistic buggers to meet again and again only with a more conciliatory attitude this time. Hoarding will not just be by private sector but some governments will be doing that as well. Countries importing food will reduce import tariffs substantially - hmmm, I wonder why! Countries exporting may be raising export tax. Partly oil in 3 figures is to be blamed as they contribute to more expensive transportation and fertilizer costs. Biofuels now viable with fuel at staggering levels caused diversion of edible products into biofuels - not such a good idea now. Higher food prices have caused feedling livestock to be a huge burden, thus forcing many farmers to sell much of the livestock younger and cheaper - but the flip side a few months down the road is the lack of livestock. Governments to increase subsidy to farmers to keep farming, and keep the lid on controlled necessities - just more money to chase after a fixed amount of goods. Aid agencies will be begging for free food supply to poor nations. Riots over lack of food supply or excessive price increases will be daily news. Is this food crisis a fad? Egypt and Cambodia already banned rice exports. Any sign of bad weather will only heighten the crisis. Social unrest is already reported in Burkina Faso, Cameroon, Egypt, Indonesia, Ivory Coast, Mozambique, Senegal and Pakistan - expect more to join the list.

A looming food crisis = spiraling inflation = restrictive market policies = higher interest rates to curb spending = not so good for equities.

A looming food crisis = Mounting government subsidy = Controlled prices break loose = Social unrest & riots = not good for equities.

p/s photo: Joyce Sialni

Comments

doraiddd said…
woi doom and gloom prophet, its time for another food joint review-lar.

U've been depressing lately... (pics of bust-less women notwithstanding...)

To brighten up, i lecoman u Max's Kitchen along Jalan tung shin (parallel to jalan alor). Simple name but serious food.
AQW said…
also Bermuda & Onion...next to El Cedro. Nice deco..Price V reasonable...lunch there today and sadly we were the ONLY customers when i left at 2.30pm..

Popular posts from this blog

My Master, A National Treasure

REPOST:  Its been more than two years since I posted on my sifu. This is probably the most significant posting I had done thus far that does not involve business or politics. My circle of close friends and business colleagues have benefited significantly from his treatment.


My Master, Dr. Law Chin Han (from my iPhone)

Where shall I start? OK, just based on real life experiences of those who are close to me. The entire Tong family (Bukit Kiara Properties) absolutely swear that he is the master of masters when it comes to acupuncture (and dentistry as well). To me, you can probably find many great dentists, but to find a real Master in acupuncture, thats a whole different ballgame.


I am not big aficionado of Chinese medicine or acupuncture initially. I guess you have to go through the whole shebang to appreciate the real life changing effects from a master.


My business partner and very close friend went to him after 15 years of persistent gout problem, he will get his heavy attacks at least…

PUC - An Assessment

PUC has tried to reinvent itself following the untimely passing of its founder last year. His younger brother, who was highly successful in his own right, was running Pictureworks in a number of countries in Asia.

The Shares Price Rise & Possible Catalysts

Share price has broken its all time high comfortably. The rise has been steady and not at all volatile, accompanied by steady volume, which would indicate longer term investors and some funds already accumulating nd not selling back to the market.


Potential Catalyst #1

The just launched Presto app. Tried it and went to the briefing. Its a game changer for PUC for sure. They have already indicated that the e-wallet will be launched only in 1Q2018. Now what is Presto, why Presto. Its very much like Lazada or eBay or Alibaba. Lazada is a platform for retailers to sell, full stop. eBay is more for the personal one man operations. Alibaba is more for wholesalers and distributors.

Presto links retailers/f&b/services originators with en…

How Long Will The Bull Lasts For Malaysia

Are we in a bull run? Of course we are. Not to labour the point but I highlighted the start of the bull run back in January this year... and got a lot of naysayers but never mind:






























p/s: needless to say, this is Jing Tian ... beautiful face and a certain kind of freshness in her looks and acting career thus far



http://malaysiafinance.blogspot.my/2016/12/bank-negara-may-have-switched-on-bull.html


I would like to extend my prediction that the bull run for Bursa stocks should continue to run well till the end of the year. What we are seeing for the past 3 weeks was a general lull where volume suddenly shrunk but the general trend is still intact. My reasons for saying so:

a) the overall equity markets globally will be supported by a benign recovery complemented by a timid approach to raising rates by most central banks

b) thanks to a drastic bear run for most commodities, and to a lesser extent some oil & gas players, the undertone for "cost of materials" have been weak and has pr…