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

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

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

Yes bumitama is good too.. but the PE ratio is higher..

USD up.. CPO price up too... heheheheheheheh

Who say so.. your HK stock dun count ah?

Ceh.. i know you dun like palm oil stock..

Hmm sushi twins got some action today...

Last I heard... raw timber and veneer is losing money one..

This post has been edited by gark: Oct 21 2015, 01:29 PM

Sandakan used to be called millionaire's town...

Now?

Hehe you hoping to get on the USD freight train..

This post has been edited by gark: Oct 21 2015, 02:10 PM

You know who is the major shareholder or not? Sapawi...

Yesterday and day before got see.. one of sushi up.. but today both up.

USD story again?

This post has been edited by gark: Oct 21 2015, 04:27 PM

Me?

I will consider if back to 2.50...

Tempting.. recent support of 3.05 but... I would have seek more safety

No wor... still researching..

Financial not showing much improvement..

Lompat today...

This post has been edited by gark: Oct 22 2015, 09:37 AM

Mother and son lah..

Give you hint.. he entered at A LOT LESS than RM 1.10..

For first round at least..

That one was a multi bagger..

This post has been edited by gark: Oct 22 2015, 09:40 AM

Meh.. not really trading kind.. more like hold forever kind... hehe

Good now can learn to trade from Ah Boon..

Lesson 1 : Must learn ... not to .. catch .. falling.. knifes..

This post has been edited by gark: Oct 22 2015, 09:44 AM