Jan 10 2008, 06:33 PM
QUOTE(WinDs @ Dec 28 2007, 12:48 PM)
2291. Asiatic will be a growth stock for plantation. It's owned by Genting group.
Asiatic will benefit most from the current high CPO price, cause from what i read, asiatic is the only ibg plantation company that does not sell ahead(futures), they sell on current market price. 
QUOTE(cherroy @ Dec 28 2007, 04:27 PM)
For my personal preference, IOI & KLK would my top pick. But sadly, current share price are little bit expensive.
Buying Batu Kawan = owning KLK as KLK major shareholder is Batu Kawan, if not mistaken BKawan holds more than 40% of stake in KLK. I might be wrong, long time not updated already since after sold off the BKawan. (Sold a bit too early also, otherwise gain more than 30% now). Bought Rm6.50 (before bonus) sold at Rm9.00.
yes, in fact before it shot up to more >RM12, the value of KLK shares itself in bkawan is already more than the value of bkawan shares according to the edge which wrote about bkawan weeks back.Buying Batu Kawan = owning KLK as KLK major shareholder is Batu Kawan, if not mistaken BKawan holds more than 40% of stake in KLK. I might be wrong, long time not updated already since after sold off the BKawan. (Sold a bit too early also, otherwise gain more than 30% now). Bought Rm6.50 (before bonus) sold at Rm9.00.
just read about another small time plantation, chinteck, from thestar online newspaper. anyone has done homework on this counter?
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