Hi, sorry for my lack of knowledge in symbols, can you kindly elaborate "Asiatic 15x 08 estimate earnings", what does  15x 08 means please?

Re-visiting this thread, because my interests for plantations have not abated.

Currently trying to get as much information as I can from the plantation business. From crop cycles to market sentiments.

Eyeing Asiatic as 1st choice, with IOICORP as 2nd choice.

Anyone have anything to share about these two companies, just post it here for all to see.

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Added on August 7, 2008, 12:33 pmThis thread needs a bump due to plantation drop now. Let's re-evaluate our chosen stocks.

I will get in when the crude oil price is low enough to rebound.

Added information, Europe will cut the contain of palm oil in the bio mixed fuel from 5.35% to 5%. I become interested in plantation counters due to the potential need of palm oil in fuel. But Warren Buffet invested in electric powered vehicle made me wondering, which is the trend of the fuel in future ?

Palm oil rely on convention crude oil to get its value, whereas electricity is a standalone power supply and less polluted. Seems electricity stands better future.

Hope Palm oil remains as the main and populor cooking oil consumed.

Based on its growth and PER. Just my kampung calculation to protect myself with safe margin.

Fair value is RM3.70, but minus safe margin 30% becomes RM2.60, that is only my price. Can't get 50% off ! I think.

LOL, oil and palm oil are 2 totally different product, although the price movement of commodities generally is positive and highly correlated, but it doesn't need to follow on oil movement exactly.

You can't subsitute between both of them. You can cook with crude oil nor you can fill up your car with palm oil.

Both price is actually move on their own on the basic of their fudnamental issue i.e. demand and supply, but commodities generally and mostly move in correlated pattern as it has to do with general economy demand.