With CPO prices skyrocketing, it is quite common for investors to look for the next “gold mine” to invest their money. But as you may know, the share price of several plantation companies with relatively good extraction yield and tree profile has already gone up.

Hence, your risks of investing into these companies are relatively higher NOW.

In the rush of gold mining, those who sell shovels and jeans are in fact, the more safer option. And in the context of CPO in Malaysia, perhaps this company — Muar Ban Lee Group might be interesting.

Muar Ban Lee Group, or MBL in short, had over 40 years of experience in palm kernel expeller machines manufacturing, Empty Fruit Bunch or FFB treatment machine, palm kernel oil leaf filter, as well as involvement in the biogas industry.

Currently, MBL is trading at only a PE of 5.70 times, with a market capitalization of RM109.0 million, where the net assets of the company are easily double of their market value. This poses a potential trading or investment opportunity for many investors, as MBL is rarely mentioned by investors.

Will MBL be the next gold to shine in this market?