Haha as for CPO price :

2024 : Monthly Average Price ( RM / Ton ) :

January: 3783.5
February: 3949.5
March: 4215.5
April. : 4257.0
May : 3902.5
June : 3957.5
July. : 4034.0
August : 3910.5
September: 4023.5
October : 4387.5

Haha as for Jaks .. oredi said n repost in Jaks forum .. let’s see on the LSS5 2000 MW EPCC RM 7.2 billion tender award is starting to be announced on November 2024 ( normally announcement completed for whole capacity within 3 months ) .

Jaks after getting MOAT on Vietnam JV Power Plant 1200 MW EPCC RM 8.7 billion … if Jaks is succeed in tender 200 MW to 500 MW in LSS5 … Jaks Shl be getting the MOAT of efficient Scale in Solar RE industry..

Although Solarvest is Taiko ( later might be Yinson ) in RE Malaysia but its RE asset is relatively Less ! And recently PP for CGPP project to raise Fund RM 56 million.. only able to get PP funding RM 28 million.

So far as to my study .. Jaks oredi submitted 200 MW tender ( dateline 25/7/2024 ) with intention up to limit 500 MW :

Jaks 51 % : CPECC 49 % ( China partner in Vietnam Power Plant 70 % )

Land : 1730 acres in Terengganu to be leased from TDM with rental RM 578 / acre/ year ..

Land can be 200 MW to 500 MW Solar farm depends on Solar efficiency 12 % or 18 % !

Haha better buy Kimloong n Inno for long term investing !

Haha is Jtiasa financial ratios is correct.. Konartist sslleee as usual used his kon maths extraction method.. oredi is proven 2 times wrong !

—-

Posted by Mikecyc > 1 hour ago | Report Abuse

3.)

SGD :
Current Ratio 1.18
Debt-Equity (DE) Ratio 0.69
FCF Yield -0.3 %

Jtiasa :
Current Ratio 2.73
Debt-Equity (DE) Ratio 0.34
FCF Yield 20.22 %


Jaks :
Current Ratio 1.04
Debt-Equity (DE) Ratio 0.64
FCF Yield 0.81 %


👉 Question: Konartist sslleee is Sime plant/ SGD having Cash Flow issues as FCF Yield is - 0.3 % compared to Jaks + 0.81 %

oredi said QR ended September 2024 shl be higher then previous QR .. is an Opportunity for unloading ke ???

Hoho konartist sslleee twisting ke ... i am asking on QR ended December 2024 and March 2025 ?

Haha half past 6 Konartist sslleee why promoted Xingquin until is delisted even knew is in Account Fraud… a Big Big order cannot be verified by Auditor … container line up ( front to end ) from KL to Seremban ( per analyst article) ! Why so dumbbasx in investing!🤣🤣🤣👍🤔

Jtiasa : FFB production output

July 2023 : 110,269
August 2023 : 120,313
Sept 2023 : 129,158

Total = 359,740 ( - 15.5 % vs 2019)

Oct 2023 : 132,551
Nov 2023 : 114,287
Dec 2023 : 98,939

Total 🟰 345,777 ( compared to July-August-Sept is Less 3.9 % )


Jan 2024 : 87,820
Feb 2024 : 67,331
Mar 2024 : 61,673

Total 🟰 216,824 ( compared to Oct-Nov-Dec 2023 is Less 37.3 % )

👉 ( compared to July-August-Sept 2023 is Less 39.7 % )

👉👉Question: is coming QR ended September after is released is an unloading Opportunity ???

—
Remember Do 3 Own : Own Homework, Own Analysis and Own DecisionS as only you know your Risk level .

DecisionS: is changed Upon new information, new facts n figures.

3.)

SGD :
Current Ratio 1.18
Debt-Equity (DE) Ratio 0.69
FCF Yield -0.3 %

Jtiasa :
Current Ratio 2.73
Debt-Equity (DE) Ratio 0.34
FCF Yield 20.22 %


Jaks :
Current Ratio 1.04
Debt-Equity (DE) Ratio 0.64
FCF Yield 0.81 %


👉 Question: Konartist sslleee is Sime plant/ SGD having Cash Flow issues as FCF Yield is - 0.3 % compared to Jaks + 0.81 %

Hoho Konartist sslleee can calculate if CPO output is dropped 9 % by QR ended December 2024 … what is the impact ? 🤣🤔

Haha understood the Palm mill is under utilisation, ard 50 % … FY23 did outsource for FFB !

Haha as posted earlier:

Jtiasa CPO production output ( MT) :


August 2024 : 25,238
July 2024 : 20,558
June 2024 : 17,018
May 2024 : 16,419

August 2023 : 23,324
July 2023 : 22,712
June 2023 : 16,580
May 2023 : 15,489

July 2022 : 12,488
June 2022 : 11,723
May 2022 : 11,500

> July 2024 Production Output: FFB is dropped 7.9 % , CPO is dropped 9.5 % .

> August 2024 Production Output: FFP is increased 2.74 % , CPO is increased 8.2 %

Haha Peak season for Production output is from May to November le !

—
Posted by Sslee > 53 minutes ago | Report Abuse

If CPO price can hold at this level then quarter ended 31/12/2024 will be another fantastic quarter.

But for jaks quarter ended 31/12/2024 will be as usual multi-million in impairment of receivables.

Haha During Indonesia CPO export Banned .. inflation rate is getting High n Cooking Oil price is hike , and need money for Biodiesel subsidise … thus export banned is cancelled.

This round on Thailand CPO export Banned ..


Thailand bans export of raw palm oil until December

November 1, 2024 at 11:07:30
Thailand's Department of Internal Trade has temporarily banned the export of raw palm oil due to reduced production caused by drought and plant diseases.

Property division:

👉QR ended December 2023 is Loss ( RM 24.8 Million)

>> In the quarter under review, the Property Investment division recognised lower
revenue contribution of RM3.1 million, from RM4.0 million achieved in the previous
year's corresponding quarter.

👉 This division reported a profit before tax of RM15.4
million, compared to a loss before tax of RM5.4 million in the fourth quarter of 2022
mainly due to 👉the reversal of provision made in previous years.

Haha as Jaks won the 6 years Legal trial against Star Media on Pacific Star Petaling Jaya , Selangor project on April 2024 … now proceed with the counter claimed suit total over RM 540 million.


B) Of the net impairment loss on
trade receivables and other
receivables totalling RM31.9
million in FY2023, how much was
attributable to the Construction
division? Please provide further
details on the projects involved
and the nature of the other
receivables that have been
impaired.


B) The impairment loss on trade receivables and other receivables recorded were mainly attributed to the Construction Division, primarily due to local
construction projects, including the Pacific Star PJ project.

The impairment computation is based on expected credit loss model in accordance to accounting standards after taking into consideration the
management's plan and action taken to recover the trade receivables, other receivables and contract assets at the date of the report. However, based on
the accounting standard, accounting policy (refer
to note 2(c) to the financial statements),
computation and objective evidence, the above impairment is recognised to the current year P&L.

If subsequently the trade receivables, other
receivables and contract assets being recovered,
👉👉👉the impairment amount will be reversed.

Haha During Indonesia CPO export Banned .. inflation rate is getting High n Cooking Oil price is hike , and need money for Biodiesel subsidise … thus export banned is cancelled.

This round on Thailand CPO export Banned ..


Thailand bans export of raw palm oil until December
November 1, 2024 at 11:07:30
Thailand's Department of Internal Trade has temporarily banned the export of raw palm oil due to reduced production caused by drought and plant diseases.


Unit of Measure
1000 MT
Rank Country Exports (1000 MT)
1 Indonesia 28,400
2 Malaysia 16,700
3 Guatemala 875
4 Papua New Guinea 800
5 Thailand 750
Year of Estimate: 2023

Haha no worries, as u said earlier minimum wages RM 1700 ( floor rate not include new hires) shl not impact Jtiasa plantation!🤣🤔


3% le sap sap Sui … insider said production cost is Below RM 3000 , with additional max 3 % .. is only Below RM 3090 …

No worries la .. if there is Import/Export Duty Exemption referring to Tariff Code … who cares , just charge to customers lo . So simple in doing business le , who cares !🤣🤔

>>>



KUALA LUMPUR (Sept 13): A proposed minimum wage increase will raise the Malaysian plantation sector’s operating cost and push the companies to spend more on automation, Public Investment Bank said.

The Ministry of Human Resources is planning to propose raising the monthly minimum wage to RM1,700 from RM1,500, Nanyang Siang Pau reported, citing unidentified sources. If carried out, Public Investment Bank estimated that the operating cost of plantation companies will rise by up to 3%.

Haha looks like better unloading Jtiasa as expected QR ended September with higher production output ( Peak Season ) n Dividend is ex on September 2024 !

Posted by Johnchew5 > 1 hour ago | Report Abuse

Hoho worried hidden risks on Yinson QR ended April 2024 n July 2024 :

>QR ended April 2024 , Net Profit RM 203 million- RM 236 million ( increased of Loans n Borrowings) = - RM 33 million.

>> QR ended July 2024 , Net Profit RM 203 million- RM 3,025 million ( increased of Loans n borrowings) = - RM 2,822 million.😱



-

Yinson Loans n Borrowings:


3.) QR ended July 2024

RM 19,580 million


👉Compared Q to Q : is increased by RM 3,025 million.



2.) QR ended April 2024

RM 16,555 million.


👉Compared Q to Q : is increased by RM 236 million.


1.) QR ended January 2024

RM 16,319 million.

Posted by Johnchew5 > 1 hour ago | Report Abuse

Hoho Konartist sslleee why u promoted Yinson as Growth stock ?

Yinson :

CAGR : 3Y 83% TTM. 31.9 %



Jaks :

CAGR : 3Y 29.9% TTM 28.4 %

Posted by Johnchew5 > 1 hour ago | Report Abuse

Hoho so is worst than Jaks that the share of profit from Finance investing !


—

This is so that Yinson’s investors can have a better understanding of how the accounts will look from a finance lease and operating lease perspective.

IFRS is still what Yinson is required to follow. Even though presenting the operating lease numbers is not in line with IFRS, it is something that Yinson will look at doing better to explain its numbers in the next financial year.

Hoho Konartist sslleee know what is Current Ratio ? Oredi posted le .. still did not understand:

( to gauge working capital ratio within a year ）.

Posted by Johnchew5 > 2 hours ago | Report Abuse

Hoho Konartist sslleee said Jaks invested in RE Solar is no good .. the Returns is slow , cannot paid the Debt !🤣👉

—

Long Term investment in Renewables :

Yinson aims to allocate 30 % of its equity towards renewable n green assets by 2030 !

Haha copied n post from Yinson:

Hoho Konartist sslleee is Jaks below Ratios better than Yinson :


Yinson

Current Ratio 0.64
Debt-Equity (DE) Ratio 2.27
FCF Yield -10.24 %



Jaks

Current Ratio 1.04
Debt-Equity (DE) Ratio 0.64
FCF Yield 0.81 %

Haha at least forumers can learn from Mr K2Y intention on Take Over Jaks with 30 % on 2017/2018 during Jaks is facing difficulty with Star on Pacific Star project that incurred Losses n Legal trial for 6 years … that he said if he is in the BOD , he will proposed expand Jaks business in Vietnam on Mega Shopping Mall !

The intention is failed by the current CEO , instead he steered Jaks successfully diversified into Power industry on January 2021 .. Vietnam Power Plant 1200 MW , EPCC RM 7.2 billion..

And also in RE Solar industry !

And won the 6 years Legal case on April 2024 …

Haha since both of u promoting Yinson also ? Can share yr facts n figures ??? Tq

Haha konartist sslleee why Phillippe still Promoted Serba even is announced in Account Fraud ? Same as u on Xingquin until is delisted ??

Forumers can learn from both of u buy what is not understand ?

Will Yinson be the another one per the news article ???

Haha Opportunist FIFO blowerPang7 saw the Opportunity oredi :

1.) CPO price is keep increasing !

But Export duties hike : Earlier highest is 8 % .. Effective from 1 November the highest is 10 % !

2.) QR ended September is expected with Better results as Peak season for Production Output is from May to November!

👉Question : is it an Opportunity for unloading also ???

BlowerPang7 had record of U-Turn in Half a Day !

Haha after Thailand is banned CPO export … just the chain effects…

Earlier Malaysia export duties highest is 8 % .. Effective from 1 November the highest is 10 % !

QR ended December 2024 shl be affected !


USD to MYR Chart
-8.19%
(1Y)
US Dollar to Malaysian Ringgit

1 USD = 4.38105 MYR
Nov 2, 2024 at 04:27 UTC




Malaysia and Indonesia hiking export taxes
Published 29th October, 2024

Higher export duties set to be introduced by leading palm oil producers Malaysia and Indonesia are expected to increase demand for the commodity, according to a report by The Star.

Effective from 1 November, Malaysian crude palm oil (CPO) prices of between RM3,601-RM3,750 (US$828-US$862)/tonne would be subject to an export duty rate of 8.5%. Prices ranging from RM3,751-RM3,900 (US$862-US$897) would be taxed at 9%; RM3,901-RM4,050 (US$897-US$931) at 9.5% and more than RM4,050 (US$931) at 10%, the 24 October report said.

Haha during KonartistLee promoting Hengyuan in Insas at RM 7.00 .. I said is on Point 1 ( Peak range ) … ethical Sifu 3iii said Market is on Sale !

Hope the Konartist not taking the wrong medicine as usual , avoid toxic Indonesia land !


Posted by Sslee > hours ago | Report Abuse
Repost: 
Mike-tikus again name-dropping without even able to prove it for attention seeking. 

He must be high on drug to even suggest I approached him 1st in Next on 2020.

Haha recap the Konartist Kon gang :’

1.) Conartist Callvin : said here Bodo editor ( financial) , Bodo Remisier n Bodo ppl during Promoting Netx !

2.) SCIB promoting partner Koni3lurkker, half way changed name to Balia … said here Pariaaa country, ppl n food !

3.) Ularsawa ( ori id Dragonslayer in Netx n Sumatec , is banned permanently) .

KonartistLee used to shout “ 🐍sawa come to X forum to rescue him “

Also is one of the 3 member of Kacukan Tippu whom Tippu telegram newbies membership fees RM 100 !😱

4.) TinKosong KonpetHuang .. used aka similar n abusive id to post abusive n unethical comments!

The aka id MrHuangbk is banned permanently at recently !👍

5.) Konartist Abang Stockraider in Netx n Insas wayang .. after cursed forumers family in Bjcorp forum , n always cursed Netx forumer Dive into Sg Klang … oredi Missing in Action liaw … the curse arrow U-Turn shot on him … karma le !

6.) Income whom posted wifeyy ran away with forumer …said is BlowerPhang younger sibling wow !🤔

7.) Kon gang in Tunepro , Netx , Pasukhas, Hengyuan, Petronm : Probability aka Victoryong n Good123 … will post n delete own posts !

Haha after Thailand is banned CPO export … just the chain effects…

Earlier Malaysia export duties highest is 8 % .. Effective from 1 November the highest is 10 % !

QR ended December 2024 shl be affected !


USD to MYR Chart
-8.19%
(1Y)
US Dollar to Malaysian Ringgit

1 USD = 4.38105 MYR
Nov 2, 2024 at 04:27 UTC




Malaysia and Indonesia hiking export taxes
Published 29th October, 2024

Higher export duties set to be introduced by leading palm oil producers Malaysia and Indonesia are expected to increase demand for the commodity, according to a report by The Star.

Effective from 1 November, Malaysian crude palm oil (CPO) prices of between RM3,601-RM3,750 (US$828-US$862)/tonne would be subject to an export duty rate of 8.5%. Prices ranging from RM3,751-RM3,900 (US$862-US$897) would be taxed at 9%; RM3,901-RM4,050 (US$897-US$931) at 9.5% and more than RM4,050 (US$931) at 10%, the 24 October report said.

Haha as usual Conartist Callvin the Big Cannon…Jtiasa insider said CPO Production cost is below RM 3000 / ton .

—-
Posted by prudentinvestor > 29 minutes ago | Report Abuse

Calvin TTP, you often claim that TSH needs a CPO price of RM2,000 a ton to break even. Assuming total production of CPO amounts to 200,000 tons this year and average price is RM3,800 per ton, TSH's profit before tax from the production of CPO alone would amount to RM360 million. Its EPS this year should be close to 20sen. Let's see if it can achieve this feat.

Haha Repost n stop for today ..

1st Lies :


Haha wow Konartist Sslleee is an “ Attention Seeker “ .., approached me 1st in Netx on 2020 telling Lies replied my post which directed to Konstockraider to bail out Stockraider on Insas-WB whom play wayang in Insas-WB forum with Calvin whom invested RM 5000 …


Then Konartist Sslleee said Raider Win 1 Myvi in Netx RI .. Raider said Win 2 Myvi… both blowing bla bla bla clon the Wayang Script on Insas-PB and WC …

After Konartist Sslleee posted in Netx , his Kon gang in Tunepro, Hengyuan, Petronm started to promote Netx … will post n delete own posts …..beware .

Haha konartist sslleee did not know Peak season for production output is from May to November!🤣🤔


—-

Posted by Sslee > 21 minutes ago | Report Abuse

Still selective FFB production july-sept.
When you can have the whole year history:

Haha since Konartist sslleee approached me 1st in Netx on 2020 … this is the 1st time he repeatedly shouting TP with over 52W H RM 1.53 ..

And he and his Kon gang had tried many ways to prevent me from posting in this forum… seems he is Trapped High … same as Conartist Callvin is Trapped High in TSH !

Jtiasa FFB Production Output :

> 2002 started replanting:

July-Sept: FFB MT

2019: 425,801

2020: 326,209 ( - 23.4 % vs 2019 )

2021: 195,447 ( - 54 % vs 2019 )

2022: 263,948 ( - 38 % vs 2019 )

July 2023 : 110,269
August 2023 : 120,313
Sept 2023 : 129,158

Total = 359,740 ( - 15.5 % vs 2019)


> July 2024 : 101,601
August 2024 : 123,613
Sept 2024 : 118,183

Total = 343,397 ( - 19.4 % vs 2019 )



> Compared 2024 July- September to 2023 is reduced by - 4.54 %

> Compared 2024 July- September to 2019 is reduced by - 19.4 % .

Haha a Konartist is best in Pretending , Twisting and Diverting facts n figures, telling lies by lies …Setup Trap :

1.) Pretending : After dumb dumb hold Xingquin until is delisted on 2019 even in Account Fraud… said did not sell as worried if sold to those cannot afford !

Someone had exposed his possible reason !


2.) Lies by Lies as posted earlier!


3.) Setup Trap : During Insas at low price range ard RM 0.80 .. setup a ROI competition ( 1 year period) Trap on June 2023 … invited Sifu Sifu to participate!

Haha oh so far Konartist sslleee still twisting n diverting on this Question :

1.) Jtiasa oredi mechanised on FFB separation .

2.) Shl invest into machinery to improve old trees ( Tall Trees ) output efficiency.

Let’s see coming October n November output !

Haha KonartistLe no more shouting to get help from yr Kacukan Tippu gang ( Tippu telegram new members membership fees RM 100 !

Ularsawa come to X forum to rescue u !🤣

And asked them whether to push Insas 1sen Up to 52W H !🤣🤣🤣🤔

Haha today ( 3/5/2023 ) just discovered konartist : The Lies on HRC ( Hengyuan) and Petronm :


Sslleee n Probability had been Promoted Petronm n HRC at RM 7.00 with Crack Spread, Crack here Crack there Crack other ppl Pockets …




>>> Very Surprising is found out today Probability is VictorYong aka id … as they Kacukan Tipu in Tunepro …also in Netx .

3rd Lies

During stock bet : Tunepro 0.45 on 10/3/21 , cut win 0.49 on 12/3/21 after 2 days - Why ? .. Lee Kon gang Probability aka VictorYong in Tunepro since Jun 2020. 





>> Lee Posted in Insas on Jan 2022 that sold Tunepro after 2 years ..

1st Lies :


Haha wow Konartist Sslleee is an “ Attention Seeker “ .., approached me 1st in Netx on 2020 telling Lies replied my post which directed to Konstockraider to bail out Stockraider on Insas-WB whom play wayang in Insas-WB forum with Calvin whom invested RM 5000 …


Then Konartist Sslleee said Raider Win 1 Myvi in Netx RI .. Raider said Win 2 Myvi… both blowing bla bla bla clon the Wayang Script on Insas-PB and WC …

After Konartist Sslleee posted in Netx , his Kon gang in Tunepro, Hengyuan, Petronm started to promote Netx … will post n delete own posts …..beware .

Haha I am so shock to learn that recently Buy What U Not Understand still promoting Serba even knew Serba is in Account Fraud with telling “ Snake n Dragon story “ ! 🤣🤔

During he posted screenshot of Serba subsidiaries, I found the variance between the screenshot n his thread. Konartist sslleee defended him before he reply !

Konartist sslleee dumb dumb hold Xingquin until is delisted on September 2019 even knew is in Account Fraud!

Then he approached me 1st in Netx on 2020 .. telling lies to bail out Stockraider.. then directing the Wayang script on Insas RI with WC !

Haha is dummbbasx Konartist sslleee lagi ke !🤣🤔


Bought WHD 55 % shares on July 2023 … Teruk nya lagi hidden risk !

JV with Jtiasa group since 2004 to develop the Land .. until 2023 no money on Replanting ke .. so sold 55 % shares !🤣🤔

Alamak , lagi teruk :

👉Jaya Tiasa has obtained an annual shareholders’ mandate to engage in recurrent related party transactions with WHD, specifically pertaining to the 👉 premium payable by Erajaya to WHD for fresh fruit bunch sales.


Lagi lagi teruk … nampak tak Sslleee Tikuss mata :

👉Under the agreement, Jaya Tiasa will purchase a 25% stake from Tiong Toh Siong Holdings Sdn Bhd, 18% from Tiong Toh Siong Enterprises Sdn Bhd, and 12% from Knightbridge Venture Sdn Bhd.

The transaction is classified as a related party deal due to the involvement of certain directors and Tan Sri Tiong Hiew King, a major shareholder in Jaya Tiasa.


👉Apart from the estimated replanting cost of approximately RM44 million over three years, no additional financial commitments are expected from Jaya Tiasa in relation to this acquisition


——

Posted by Sslee > 15 hours ago | Report Abuse
Again proven Mike-tikus only know how to cut and paste without knowing what he paste. 
Wealth Houses Plantation 6,000 (Ha) 

KUALA LUMPUR (July 4): Jaya Tiasa Holdings Bhd is acquiring 825,000 shares or a 55% stake in Wealth Houses Development Sdn Bhd (WHD) for RM52.25 million

Haha Cold Eye like eagle eyes invested on Jtiasa at the right Timing started FY22. But he also has eagle eyes when to unloading as he said will not buy those stocks with SLOW returns ! 👍


Not like Buy What u Not understand Serba snake n dragon story teller bought Harta at High price , promoted at RM 5.80 on early 2022 saying knew the Product cost ( after visited the Plant 🤣🤔) , didn’t know the ASP movement !

Haha will Jtiasa be like TSH ke 👉 ( Public Investment Bank (PublicInvest) is ceasing its coverage of TSH Resources Bhd due to the company's limited growth prospects and sluggish fresh-fruit bunches (FFB) yield.
The firm said it is reallocating its internal sources to other sectors.)

1.) TSH : average Trees age 13.4 years …

Jtiasa : average Trees age 14.0 years …


2.) In a research note today, PublicInvest said FFB production growth is anticipated to be subdued this year due to the sale of plantation assets in Indonesia and Sabah (13,214 hectares) over the past two years.

"Additionally, the average age of the plantations is increasing (currently 13.4 years old), and FFB yield remains low due to insufficient replanting activities in recent years," PublicInvest said.

👉 Jtiasa rented land ( 76 % of total planted Area ) is reduced 11.35 % from FY23 to FY24 !😱


👉 Jtiasa recently QR showed that there is Leased Land being Terminated !😱

Haha konartist sslleee Tikuss mata 30 years ke ?


Haha Palm oil trees 20 years age is considered old trees … need Replanting latest by 25 years age .

TSH : average Trees age 13.4 years … Jtiasa : average Trees age 14.0 years …


👉 see Public Invest Research on TSH article:


👉Jtiasa :

All our palm trees have matured. Out of the Group's total planted area of 69,589 hectares, about 3% of the palms are more than 18 years of age. The average age of palms is 14 years, which is within the prime production bracket.


👉TSH :

PublicInvest ceases coverage on TSH Resource due to slow growth, sluggish FFB yield
By Faiqah Kamaruddin
May 21, 2024 @ 11:02am

KUALA LUMPUR: Public Investment Bank (PublicInvest) is ceasing its coverage of TSH Resources Bhd due to the company's limited growth prospects and sluggish fresh-fruit bunches (FFB) yield.
The firm said it is reallocating its internal sources to other sectors.


Investors should no longer depend on any of our financial forecasts for TSH Resources in making investment decisions, nor infer any adverse opinion as a result of our decision to cease research coverage," said PublicInvest.

In a research note today, PublicInvest said FFB production growth is anticipated to be subdued this year due to the sale of plantation assets in Indonesia and Sabah (13,214 hectares) over the past two years.

"Additionally, the average age of the plantations is increasing (currently 13.4 years old), and FFB yield remains low due to insufficient replanting activities in recent years," PublicInvest said.

Haha let’s see Indonesia B40 is launched in January 2025 ?


This initiative is set to launch in January 2025, marking a key transition from the current B35 standard. B40 biodiesel is a blend comprising 40% palm oil-based biodiesel and 60% fossil fuel. As the world's leading user of biodiesel, Indonesia has established itself as a pioneer in this field.