As the economy has taken another look, some products that were overlooked as taken another look as well. I still recalled in those years, when one head pan of palm kernel were sold at #1,200.
But right now, that products is sold at a better amounts, higher than #1,200. The deal is, a lot of people stored it then, and they are selling at a very bigger amounts now, tripling their capital, and reinvesting into the palm Kernel business.
"palm kernel is a product from palm fruit, after process, it is the seed that is inside the fruit". So, it is gotten when palm fruit is cooked, and red oil is derived, it can be term as the last needed products of the fruits.
So, back then, people didn't have much interest on this last products, because it was not offered at a big sum of money, and for those who stored theirs at home, they are making huge amount now, and we can see how happy they are at the moment.
I first know this from a friend who own a mill, he is into palm fruits business, and what he does is that, he bought the fruits, process it, and stored the red oil to the time it will be sold higher.
So when we talked yesterday, he said that, half of the funds he used in buying the palm fruits are recovered by him already, even now that he has not sell the red oil yet, because, according to his statistics, he told me that red oil will get higher price towards November and December, so he used to preserve it till that time of the year.
But he was happy as the kernel he sold was bought at a high price from him, and so, he has money to purchase another set of palm fruits to be processed for another set of oil which he will store.
Therefore, it wasn't just only him, because the woman who sells avocado pear said she also have a very good gain last week in selling his little kernel she had at home to the people who buys.
To be sincere, i realized that the news was all over the town and a lot of people have already learnt about it. This has make me understand that, everything we see around have value, but it might not yet be their time to shine, when we see that people are not talking about it.
So.., I was just thinking.., 'what if someone was buying that products in large quantities, just few months ago, he/she will have make huge profit from this happening". Adding to this, I realized that we have to stay on our lane of what we do, because we will as well make profit when it is time.
In life, everything that comes will have a set of people that benefit's very well, and for those who do not, should just understand that, more gracious things are going to come, which will better their life.
Work hard to your best, continue to be hopeful, the best of life will come.
So will you also prepare to cash out at that particular season?
I believe it's the best time too, so no need to rush, that season will be it bull run 😁😁