WTK...quite young trees...PE less than 10

No wonder they close you ..

You want to suck the research report onli...

Issit.. how young is young .. and how many ha left to plant?

Edit : Checked WTK is based in Sarawak.. sorry no touch Sarawak plantations...

Edit 2 : You noticed or not.. almost all sarawak based plantations are selling at low PE...

This post has been edited by gark: Oct 21 2015, 10:58 AM

Pek Moh?

Peat soil ...

I dunno all these stuff

I only know analyse financials

I still prefer Ta Ann over WTK

But my friend hard selling WTK

Opened account last time cos of friend's friend....

Already make deposit just now. Have to wait for tomorrow. To activate back have to make a transaction once.

What broker u use bro?

Peat soil cost more $$$ to plant (stripping, drainage), cost more to maintain (soil conditioning & fertilizer use), damaging to environment (due to massive green house gas release) and have lower palm oil yield. Also CPO from peat soil plantation is selling below actual price due to RSPO ban. Prominent companies like Wilmar, Nestle, Unilever will not buy oils from peat soil plantations. Environmental friendly fund manager wont touch it either..

So Higher fixed cost, higher variable cost & lower revenue = less margin compared to other planters

Add in less support from institutional... (especially foreign)..

P.s. The haze you are smelling now is due to peat soil fire in Kalimantan..

This post has been edited by gark: Oct 21 2015, 11:15 AM

What's your opinion of KMLoong?

Any idea where to search for average tree age apart from analyst reports? I think not all comp annual reports n website give that info.

Was checking out First Resources = super rock solid in comparison to Golden Agri.

omai

Rhb also suppork firstres http://klse.i3investor.com/blogs/rhb/84289.jsp

Donno about Km loong.. have to see average tree age, land reserve and location.

Tree age is usually reported in the Annual Report.. not on Q reports..

But if high CPO price.. everyone enjoi.. even lower margin ones..

This post has been edited by gark: Oct 21 2015, 12:33 PM

How about bumitama? Last time someone posted a comparison with first resources and conclusion was bumitama is good too..

so many reits one your portfolio

Padini good meh?

I gave up your Taan already, after holding few days, read the financial report and news...hmm

involved in timber business the main reason I don't like

maybe I see not much future in timber business la, all political linked one taib related .

somemore director always got negative news involved in money laundering

why all talking about indo company and sg company one ? AM I in the right thread ?

USD is not plunging....again.

Ah Sam.

Rhb one cannot pakai one.

KM Loong

Johor - 1,093 Ha
Sarawak - 10,471 Ha (Plantable only 6,300 Ha, newest venture)
Sabah - 11,948 Ha

Total Planted
Mature - 13,581 Ha
Immature - 1,320 Ha
Unplanted - 461 Ha

Yield : 22.49 tpha - Fair Yield

Sabah - CPO Mill - 105 MT FFB/hr
Johor - CPO Mill - 100 MT FFB/hr
Mills OER - 22.4% - Fair OER

Tree Age
Immature : 13%
Mature : 21%
Aging : 66%

Notes :
No future growth due to lack of plantable reserve land
No land to plant means low capex hence high free cash flow
Low immature tress, future growth will be low
Once Sarawak plantation comes to maturity will lower the yield and OER

This post has been edited by gark: Oct 21 2015, 12:48 PM