Depends...

Some in this thread will forever claim that fundamentals of palm oil is very strong, prices will rise and tell you not too worry too much. But the facts are out there, you'll have to pick up urself. While there is a positive correlation between CPO and crude oil prices (which frankly speaking will head only 1 direction in the years to come, see OPEC's statement and u know), but think about how much % of Golden's business is in biofuels (if any)? People can dun drive cars and take public transport, but people cannot live without food, history has shown governments toppled by so called "people power" cos of food prices, with the current background of crazy food prices - will the much hyped biofuels live up to its name ? EU regulations on biofuels ?

Golden is trading at under $1 due to stock spilt, u think thats good ? Its like taking a 20cent coin from you and giving u two 10cent coin, and telling you that you are richer cos u got 2 coins now ? The real fact is EPS goes down !

TA wise, some has posted charts before. Golden failed to breakout from the triangle and has sinced dipped. True that 0.85 is a very strong support, but is there much headway ?

If palm oil is a must for you, i think you're better off buying other palm oil counters. Cause the careful investor knows that price does not equal to value..