Muar Ban Lee is an engineering company, a bit like CBIP.
CBIP is good in sterilization of FFB, MBL is good in kernel crusher i think.
but both of them are leader in engineering company for Palm Oil Milling and they do business outside malaysia, to indon, africa and central america.
different is CBIP got a fair bit in palm oil plantation but not MBL, dun think MBL got any plantation
my portfolio of palm oil stock, IOI and BSDREIT.
IOI -- good management, strong boss, Lee SC is a tough man
BSDREIT -- for div, need some pocket money ma
so hope for the next boom in commodity ........
Oil palm price had plunged not long ago but currently the price been has increased till more than RM2k. The goverment might impose tax to the oil palm if the price continous increase till certain of level.
i think this situation might affect the price for oil palm stock.
I cannot get any financial report for MBL, maybe it is still new. Anyone can share?