Golden Agriculture , E5H and i believe the actual value is still far away from now.

Manage for an acre land of palm oil at the current market price : RM25,000

closing price : S$0.695

Total share of Golden Agri : 5,533,755,000 units.

total land belongs to Golden Agri for plantation : 1,055,760 acre ( please take notes, One Hectare = 2.47 acres. Golden agri owns 427,000 hectares)

cost of manage palm oil land per acre = ( total share of golden agri x closing price ) / Total land belongs to golden agri for plantation

= (0.695 x 5,533,755,000 ) / 1,055,760

= S$3,642 (RM 8560)

This figure is still far below the market price nearly 65% discount. and remember this is a giant plantation company at Singapore exchange. It will a dinasour one day as the yearly earning is S$600million.

The conclusion of the 65% discount means as below:

with S$690 (1,000 unit) of Golden Agri bought in is equivalent of receiving 2.9 acres of palm oil land + palm tree out from 1,055,760 acres.

1000 units = 25,000 / 8560
= 2.9 acres out from 1,055,760 acres

and this company is quite a good company indeed for recommendation and just for sharing.