But best is to keep both Jtiasa and Tsh. And if got extra spare cash just buy more Tsh

in year 2021 we issued buy call

Bplant at 57 sen
Ltat took Bplant private Rm1.55

Jtiasa was 63 sen
Now Jtiasa is Rm1.26 or up 100%

Tsh Resources
Was Rm1.09
now only Rm1.13
or up a mere 3%

So From Here Tsh can go up more by percentage compared to Jtiasa

No. Definitely no swap Tsh for Jtiasa!

But can swap Jtiasa for Tsh instead

As Jtiasa emerge into strong fundamental it will turn into a Dividend cash cow

and future prices will be rerated upward

So we will hold and reinvest dividends proceed into even more Tsh shares
compounding interest is the 8th wonder of the world

and in top holders of Jtiasa we have good companies

Fong Siling aka Cold Eye holds 10 million Jtiasa shares

Dr Neoh Soon Kean of Dynaquest holds 2.75 million Jtiasa shares as well

In year 2014 Jtiasa was full of debt over Rm800 millions

Today Tsh is debt free and cash rich

as such it is able to give out good dividend streams

When dividend increase as in United Plant , Klk and Inno caused their share prices to spike up

So will be Jtiasa

Now out of 206,000 acres 171,000 acres are fully planted and mature
171,000 acre equal to 2 1/3 the Size of Penang Island
imagine all filled with the golden crop called palm oil

In year 2014 Jtiasa trees were only 4 years old
today it is 14 years average
the most productive stage which translate to Rm350 mil profit a year

Huge profit like never before

Good afternoon

For all who need to know these are the facts

in year 2014 Uncle Kyy promoted Jtiasa at Rm2.40. When Calvin saw Shale oil emanating from USA Calvin told him to sell Jtiasa

as a result Jtiasa crashed to Rm1.20

Today Shale oil is depleting and Opec cut back production to support Crude oil prices

as a result Crude oil stays firm between Usd80 to Usd90

this will support palm oil prices by Biofuel use

so Cpo now over Rm3900 MT as Cpo production for most around Rm2000 and huge gross profit of 90% or more

calvintaneng

Posted by calvintaneng > 3 weeks ago | Report Abuse

Dompeilee escaped from lots of rubbish stocks but some like Kps and Naim are ok

Kps has sold King Koil and will give 4.5 sen dividend soon. If sell more to unlock cash then Kps can turn into a Pelikan

For Naim you can see how Dompeilee is so excitedly buying more and more cheap Naim in Naim tread

Naim has top 1, 2 & 4 positions in Dayang
Dayang share price up from Rm1.10 to Rm2.38 while Naim still not moving

Since Naim holds 280 mil shares of Dayang as top holder it has Rm664 millions cash alone in Dayang. Translated it is about Rm1.32 cash per share

As such she saw Naim at 78 sen she just screamed her head out and connot resist buying more cheap Naim

Tell you what Dompeilee

Go call up Secretary Madam Ong of Naim Holdings

Tell them just sell some Dayang shares to reward shareholders then Naim will fly up
Go do something productive

8 hours ago



calvintaneng

https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/238690

8 hours ago



Skyliew1919

Just hope can go nta price

7 hours ago


calvintaneng

Dompeilee saw NAIM got huge remeasurement Gain in Dayang & Perdana which others "MISSED"

Now Calvin tells you guys Same Story in TSH RESOURCES

TSH RESOURCES OWNS INNOPRISE PLANT

INNO UP FROM 50 SEN TO ALMOST RM1.50 (UP BY ALMOST 200% KAW KAW!)

YET IT IS NOT YET REFLECTED IN TSH RESOURCES ACCOUNT

THIS REMEASUREMENT GAIN OF INNO IF ACKNOWLEDGED WILL SEE TSH INSTANTLY DEBT FREE & CASH RICH
& TSH WILL SPIKE UP JUST LIKE NAIM!!

BEST TIME TO BUY NAIM WAS 78 SEN
BEST TIME TO BUY TSH IS NOW AT Rm1.13

BEST THINGS DON'T LAST LONG

SO BETTER BUY SOME TSH & WAIT JUST LIKE WAITING AND HOLDING NAIM

NAIM SUDDENLY SPIKED UP!

CMSB GOT MORE ENGINES OF GROWTH THAN NAIM

SEE

https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/238690

SO IT IS ONLY A MATTER OF TIME CMSB WILL GO UP LIKE NAIM

NAIM UP DUE TO REMEASUREMENT GAINS IN DAYANG & PERDANA

SEE MY COMMENTS IN NAIM FORUM

https://klse.i3investor.com/web/stock/overview/5073

GOT MISSED NAIM? REMEASUREMENT GAIN?

NEVER MIND STILL GOT TSH
THIS ONE ALSO GOT "UNDISCOVERED" REMEASUREMENT GAIN IN INNOPRISE PLANT

SO CAN CONSIDER BUYING SOME TSH AND WAIT JUST LIKE NAIM

Dompeilee saw NAIM got huge remeasurement Gain in Dayang & Perdana which others "MISSED"

Now Calvin tells you guys Same Story in TSH RESOURCES

TSH RESOURCES OWNS INNOPRISE PLANT

INNO UP FROM 50 SEN TO ALMOST RM1.50 (UP BY ALMOST 200% KAW KAW!)

YET IT IS NOT YET REFLECTED IN TSH RESOURCES ACCOUNT

THIS REMEASUREMENT GAIN OF INNO IF ACKNOWLEDGED WILL SEE TSH INSTANTLY DEBT FREE & CASH RICH
& TSH WILL SPIKE UP JUST LIKE NAIM!!

BEST TIME TO BUY NAIM WAS 78 SEN
BEST TIME TO BUY TSH IS NOW AT Rm1.13

BEST THINGS DON'T LAST LONG

SO BETTER BUY SOME TSH & WAIT JUST LIKE WAITING AND HOLDING NAIM

Now Fcpo over Rm4,000
Cost of Cpo production for Tsh Resources & Km Loong only Rm2,000 to Rm2200 MT

So the gross profit is 90% to 100%

Plus Palm oil is a basic necessity used in so many many things like toothpaste, cooking oil & 50% of all Supermarket Items

Few Industries can even earn 20% to 30% gross

Go for Palm oil Stocks now is no brainer!

Just buy a basket of undervalue Palm Oil companies in Pure Upstream

https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2024-02-22-story-h-188275986-WHY_WHEN_CPO_PRICES_ARE_HIGH_UPSTREAM_PALM_OIL_PLANTERS_WILL_DO_FAR_BET?_gl=1*1rpvh4g*_ga*MjQzMzEyNDgyLjE3MTMzODg5OTg.*_ga_MNBHX2J50S*MTcxMzM4ODk5OC4xLjEuMTcxMzM4OTYxMy41NS4wLjA.#google_vignette

9 minutes ago



calvintaneng

In Year 2021 we Recommended Top 10 Palm oil Stocks

See

https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2021-11-04-story-h1593687704-Reposted_Article_OIL_PALM_STOCKS_IN_Bull_Run_Time_Those_Prepared_with_B

All these are PURE UPSTREAMS

1. Bplant was 57 sen
LTAT took it private at Rm1.55

2. Jaya Tiasa (Jumping Tiger)
Was 63 sen. Now Rm1.32

1 & 2 up by over 100% each

3. Thplant
Was 47 sen. Now 68 sen
Up 45%

4. TSH RESOURCES
Was Rm1.09. Now Rm1.13

While all above Bplant, Jtiasa & Thplant up from 45% to over 100%

Tsh Resources only up by a mere 3%

SO%

SO THE BEST COURSE OF ACTION IS TO SELL BPLANT & ALL IN TSH

SELL SOME JTIASA KEEP SOME FOR HIGHER & THEN SWITCH TO TSH RESOURCES

ALSO TAKE SOME PROFIT FROM THPLANT AND KEEP SOME THPLANT FOR HIGHER PRICES
THEN SWITCH TO TSH RESOURCES

ALWAYS SELL INTO STRENGTH & BUY THE LAGGARDS!

IN THIS CASE TSH RESOURCES IS THE LAGGARD

AND CAN BUY EVEN MORE TSH RESOURCES WHILE STILL SO VERY CHEAP

IT IS ONLY A MATTER OF TIME TSH RESOURCES WILL ALSO RISE UP TO JOIN THE OTHERS

"SUCCESS BEGETS SUCCESS"!

In Year 2021 we Recommended Top 10 Palm oil Stocks

See

https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2021-11-04-story-h1593687704-Reposted_Article_OIL_PALM_STOCKS_IN_Bull_Run_Time_Those_Prepared_with_B

All these are PURE UPSTREAMS

1. Bplant was 57 sen
LTAT took it private at Rm1.55

2. Jaya Tiasa (Jumping Tiger)
Was 63 sen. Now Rm1.32

1 & 2 up by over 100% each

3. Thplant
Was 47 sen. Now 68 sen
Up 45%

4. TSH RESOURCES
Was Rm1.09. Now Rm1.13

While all above Bplant, Jtiasa & Thplant up from 45% to over 100%

Tsh Resources only up by a mere 3%

SO%

SO THE BEST COURSE OF ACTION IS TO SELL BPLANT & ALL IN TSH

SELL SOME JTIASA KEEP SOME FOR HIGHER & THEN SWITCH TO TSH RESOURCES

ALSO TAKE SOME PROFIT FROM THPLANT AND KEEP SOME THPLANT FOR HIGHER PRICES
THEN SWITCH TO TSH RESOURCES

ALWAYS SELL INTO STRENGTH & BUY THE LAGGARDS!

IN THIS CASE TSH RESOURCES IS THE LAGGARD

AND CAN BUY EVEN MORE TSH RESOURCES WHILE STILL SO VERY CHEAP

IT IS ONLY A MATTER OF TIME TSH RESOURCES WILL ALSO RISE UP TO JOIN THE OTHERS

"SUCCESS BEGETS SUCCESS"!

Definitely

Now Fcpo over Rm4,000
Cost of Cpo production for Tsh Resources & Km Loong only Rm2,000 to Rm2200 MT

So the gross profit is 90% to 100%

Plus Palm oil is a basic necessity used in so many many things like toothpaste, cooking oil & 50% of all Supermarket Items

Few Industries can even earn 20% to 30% gross

Go for Palm oil Stocks now is no brainer!

Just buy a basket of undervalue Palm Oil companies in Pure Upstream

https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2024-02-22-story-h-188275986-WHY_WHEN_CPO_PRICES_ARE_HIGH_UPSTREAM_PALM_OIL_PLANTERS_WILL_DO_FAR_BET?_gl=1*1rpvh4g*_ga*MjQzMzEyNDgyLjE3MTMzODg5OTg.*_ga_MNBHX2J50S*MTcxMzM4ODk5OC4xLjEuMTcxMzM4OTYxMy41NS4wLjA.#google_vignette

Fong Siling aka Cold Eye only joined Jtiasa much later buying 5 million & then 10 Million Jtiasa shares

Much earlier Great Sifu Dr Neoh Soon Kean of Dynaquest already in Jtiasa

See Year 2021 AR of Jtiasa

24 Neoh Choo Ee & Company Sdn. Berhad 2,373,000

In Top 24th position DR. NEOH'S CO HAS 2.373 Million Jtiasa shares

Now he is eclipsed by Cold Eye

ALL THESE GREAT SIFUs ARE ABLE TO DETECT VALUE IN JTIASA LONG BEFORE OTHERS

https://klse.i3investor.com/web/forum/forum-thread/600685254

https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/238690

Posted by calvintaneng > 3 weeks ago | Report Abuse

Dompeilee escaped from lots of rubbish stocks but some like Kps and Naim are ok

Kps has sold King Koil and will give 4.5 sen dividend soon. If sell more to unlock cash then Kps can turn into a Pelikan

For Naim you can see how Dompeilee is so excitedly buying more and more cheap Naim in Naim tread

Naim has top 1, 2 & 4 positions in Dayang
Dayang share price up from Rm1.10 to Rm2.38 while Naim still not moving

Since Naim holds 280 mil shares of Dayang as top holder it has Rm664 millions cash alone in Dayang. Translated it is about Rm1.32 cash per share

As such she saw Naim at 78 sen she just screamed her head out and connot resist buying more cheap Naim

Tell you what Dompeilee

Go call up Secretary Madam Ong of Naim Holdings

Tell them just sell some Dayang shares to reward shareholders then Naim will fly up
Go do something productive

Cpo production up
Export up
Stock level down

Very good

That means supply limited
Demand will support prices

Plus high crude oil prompt Indonesia to go B35 for biofuel

27% of all Cpo produced in Indonesia now goes into biofuel

This is due to Indonesia wanting to save from high cost of crude oil import

All these are boosters for 🌴🌴🌴 🔥🔥🔥

IPO price 62 sen
P/E 20.3
Submission for IPO will close by Tuesday 16th April 2024
listing is 30th April 2024

30 sen?

28 sen already good

it was only 22 sen not too long ago when Naysayers like iiinvestbodoh and others were casting doubts

At last Rsawit the Running Stallone is 28 sen and up 27.2%

this beats Warren Buffet"s yearly 25% performance already

Go go Power Ranger!

Go go The Running Stallone !

Mamak "Special"

You are no ordinary Mamak!

Clap!
Clap!!
Clap!!!

Overweight calls should be based on real concrete earnings

Palm oil should be having its best years now that Cpo has rebounded above Rm4200 to Rm4300 MT

TSH RESOURCES COST OF CPO PRODUCTION RM2000 - RM2200 & KM LOONG COST RM2200 WHILE OTHERS ARE HAVING SIMILAR OR EVEN LOWER COST DUE TO FERTILIZER PRICE DROPPING BY UP TO 50%

SO 100% GROSS PROFIT MAKES PALM OIL INDUSTRY STANDS OUT AS A CLASS WITH THE BEST REAL EARNINGS SHOULD BE UPGRADED AS OVERWEIGHT

These are some observations


Dompeilee's Naim has finally reflected the remeasurement gains in Dayang & Perdana. So Naim moving up is normal.

Now by the same token Fgv should have gone up due to its remeasurement gain in Msm

As for selling of 1 lot to press down you all must be aware that Ib banks have issued 5 structural call warrants TO BET AGAINST JTIASA

THIS ALSO FOUND IN OTHER PALM OIL SHARES

BUT THE FUNDAMENTAL OF PALM OIL IS NOW AT A MUCH HIGHER LEVEL DUE TO HIGH CPO PRICES OVER RM4300

So Fundamental is in our favour

Ib banks will have a hard time

To long term holders short term price fluctuation is immaterial

Keep this always in mind with regard to Jaya Tiasa

1. 5 years ago Jtiasa had high debt over Rm1.4 Billions

Today Jtiasa is Debt Free

2. Jaya Tiasa after more than a decade of planting has seen 171,000 acres of palm oil now at average age of 14 years.
No more need for capex for the next 11 years till age 25

3. With Cpo now Rm4300 the translated gross profit is 100%

And 171,000 acres how big?
Answer: about

2 Penang Island and extra 1/3 more

All full of the golden crop
Generating profit of Rm350 millions a year

4. Plus Management is fully motivated
They give incentives to workers to work over time to harvest the last FFB till night falls

5. With so much cash inflows Jtiasa can certainly reward shareholders with higher dividends like Uplant, Inno or Taann

So we hold tight

Let the Tiger rest due to Genine selling
Once selling is done

🐅 🐯 Tiger will Roar again and Jump with renewed vigor 🦘 like a kangaroo!!

AN INTERESTING DISCOVERY: WHY MR GOOI SEONG GUM (DIRECTOR OF KMLOONG & CRESCENDO) BOUGHT 3 MILLION RSAWIT SHARES IN YEAR 2020, By Calvin Tan

https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2024-04-09-story-h-184552044-AN_INTERESTING_DISCOVERY_WHY_MR_GOOI_SEONG_GUM_DIRECTOR_OF_KMLOONG_CRES

AN INTERESTING DISCOVERY: WHY MR GOOI SEONG GUM (DIRECTOR OF KMLOONG & CRESCENDO) BOUGHT 3 MILLION RSAWIT SHARES IN YEAR 2020, By Calvin Tan

https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2024-04-09-story-h-184552044-AN_INTERESTING_DISCOVERY_WHY_MR_GOOI_SEONG_GUM_DIRECTOR_OF_KMLOONG_CRES

AN INTERESTING DISCOVERY: WHY MR GOOI SEONG GUM (DIRECTOR OF KMLOONG & CRESCENDO) BOUGHT 3 MILLION RSAWIT SHARES IN YEAR 2020, By Calvin Tan

https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2024-04-09-story-h-184552044-AN_INTERESTING_DISCOVERY_WHY_MR_GOOI_SEONG_GUM_DIRECTOR_OF_KMLOONG_CRES

RSAWIT sits on 172,000 PALM OIL LANDS OR 2 & 1/3 THE SIZE OF PENANG ISLAND

WITH APPRECIATING ASSETS VALUE & CONVERSION POTENTIAL TO

DATA CENTRE

SOLAR FARM

INDUSTRIAL PARKS

NEW TOWNSHIPS

THE VALUE TO BE UNLOCKED IS IMMENSE!

When Howard Marks started his Oak Tree Fund and wanted to buy Value shares some Big Funds happened to sell

He was so happy to buy over.

It turned out later Howard Marks' Funds did extremely well having bought cheap

And he became a Billionaire

Best opportunity for some Big Funds to buy over from Genine

x_abe81

yes since Top holder got more than 60% voting rights the Egm will pass

As for value of Rsawit

I bought Rsawit at around 60 sen in years 2015 to 2017

about the same time I also bought Thplant and Bplant around Rm1.00 to Rm1.10 range and bought Jtiasa around Rm1.20

Both Thplant and Bplant did not move much as they ranged Rm1.10 to Rm1.20. however both gave very good dividends

as for Jtiasa it gave no dividend but share price jumped above Rm1.60 to Rm1.70

Rsawit was a total disappointment which I "cutloss" around 50 sen

Now since Thplant up over 70 sen , Bplant taken private by Ltat at Rm1.55 and Jtiasa has surged back to Rm1.40 I think Rsawit is a laggard that should rise up much higher from here

how high?

I think 60 sen is the target and hopefully it will cross it's all time high above Rm1.00 one fine day

Just noticed

Mr. Gooi Seong Gum, Director of Kmloong is in Top 25 of Rsawit with 3 million Rsawit shares

An endorsement by Kmloong people who are so conservative speaks volumes for Rsawit

Mamakspecial

Bumitama has over 400,000 acres in pure upstream (Sg Sgx)

A sure winner when Cpo prices now so high

I think Dbs Bank Research Team Spore gave A target price for Bumitama at 90 sen to Rm1.00

Value_invest

I see you quoted Kmloong

do you know Mr. Gooi Seong Gum Director of Kmloong is in Top 30 of Rsawit?

To all dear Investors of Rsawit

Today Rsawit will conduct EGM to vote for sale of two palm oil estates totalling Rm165 millions
There will be a good profit of Rm77 millions translated to a cash profit of 3.77 sen per share
And this will be reported by Aug 2024 results
Can ask for a "special dividend" if possible

That's all

Calvin

I remember when Jtiasa was 65 sen when people also bad mouthed management and Jtiasa poor track record then

Many of these missed Jtiasa's subsequent rally while some who owns Jtiasa also sold early and left

But Jtiasa now up by over 100% and those unbelievers only got themselves to blame

Just hold as Jtiasa should rise much higher back to it's golden days of over Rm9.00.

if not Rm9 at the very least it should reach Rm2 to Rm3 first

So even if market should crash for next 10 years also no problem if we can see yearly dividend better than Bank FD

we can 😴😴💤💤 soundly every night

Also now always keep this in mind or cut this out and frame it on your mirrror to remind yourself every morning when you brush your teeth with

Colgate palm 🌴 olive toothpaste

Jtiasa has 171,000 acres of matured palm oil at prime age of 14 years

171,000 acres are about

2 Penang Island of 72,900 acres
plus extra 1/3 more

And from age 14 to age 25 is 11 years of fruitful harvest before any further need for replanting

As such all the incoming Cash flow will result in endless streams of good dividends

correction

not 2018

but in 2008 at the depth of the Lehman Brothers crisis Cpo price shot up to Rm4,000 for the very first time and triggered a bulk run in palm 🌴🌴🌴 🔥🔥🔥

The proof of palm oil being a long term success is Robert Kuok

He is still the Top richest Billionaire in Malaysia

The only Malaysia Billionaire among Top 200 in Forbes World Billionaires index

As for market crashes or recession we are fully aware when we moved into palm oil in the year of 2021.

Palm oil survived both the 1997/8 Asian Financial Crisis and the 2007/8 Subprime Crisis

in fact in year 2018 many palm oil shares surged up in a bull run when Cpo reached Rm4,000 for the very first time in it's history

Palm oil is used in everyday recession proof products like

Toothpaste
8 Billions people must brush teeth every morning and night ( a must and not an option)

All 50% food and products in Supermarket got palm oil like bread, biscuit, canned food, margerine, ice cream, cakes, maggee mee, Milo and etc etc

Palm oil is used as cleaning agent for clothes and cars

Palm oil with it's palmic acid is used in both infant formula and Senior Milk product ..

the most popular cheap drink called teh tarik has lots of palm oil

all fast foods like Pizza hut, Kfc, McDonald, Domino Pizza all use palm oil

India and China combined almost 3 billion people are voracious user of palm oil

so palm oil is indispensable

Keep this in mind with regards to Jaya Tiasa

1. The Jtiasa of today is a totally different entity.

2. after paying off all debts Jtiasa is now debt free And Cash Rich from now

3. With Cpo over Rm4300 the gross profit is over 100%> very rare among all industries

4. Jtiasa has a Management with renewed vigor to MAXIMIZE FFB COLLECTION

5. INCENTIVES GIVEN TO WORKERS TO WORK OVERTIME TO COLLECT EVERY RIPE FFB

6. As such the Profits are now at its best years

7. Next if Jtiasa could draft a good dividend policy like United Plant, Klk or Inno then we will see Jtiasa up by another 3X, 5X or even 10X

Jaya Tiasa not bearish but due to profit taking by Genine there is a temporary selling

will only be a blip in the ongoing bull run

Ytl2023

The owners of Jtiasa are the same owners of Rsawit

Although Malaysia has got vast lands covered by trees about 55% of its lands are gazetted as Forest Reserved lands and as such no more conversion is allowed for other purpose than timber extraction

With limited 45% lands available for palm oil, housing, industries the only way a housing developer can expand its lands is to buy converted plantation lands and then change of use to commercial purpose by paying a conversion fee

So those that own huge tracts of palm oil lands "in the direction of growth" will one day see their lands turn into data center, solar farms or even New Townships

That was how Pahang Royalty took Tmakmur for its Taman Sas Township

And Jcorp took Kulim private to hive of two palm oil plots to build New Townships in Pengerang

Now after Bplant was taken private THEEDGEDAILY revealed a piece of palm oil lands Bplant sold to Kedah Govt.

From the market price we noted that Bplant book value only about 10%

So Bplant made almost 1,000% profit by selling its Kulim lands to be converted into Kulim Industrial parks

Hsong

The Nta of rsawit is stated at 18 sen when its lands were purchased as early as year 1988
36 years ago and still at old book value

In year 1988 a 2 storey bungalow on 10,000 sq ft land was worth Rm500k only

Today is Rm12 millions to Rm15 millions

So how much is rsawit lands worth today?

Their cost is as low as Rm3,500 per acre

One acre is 43,560 sq ft or about 4X the land size of bangsar bungalow

And rsawit got 175,000 acres in Kuching, Sibu and Miri

So if all are revalued how much do you think the revised Nta will be

Jeffbkt

There is a hidden secret in Rsawit which is superior and can leapfrog Jtiasa in value unlocking unknown to many

While Jtiasa got huge Ffb harvest the Huge Pulau Bruits lands are only "rented" to Jtiasa. About 130,000 acres in Pulau Bruit are stated as "rented lands"

For Jtiasa therefore it is more a pure earnings play just like Inno

But for Rsawit it owns all its lands with title deeds and now that palm oil estates are in hot demand Rsawit will stand to reap a golden windfall notwithstanding its Ffb still low

There was a law that was passed and there will be no more conversion of forest lands to palm oil

As such only converted palm oil lands are allowed to have change of use

From palm oil to Data center

From palm oil to Solar farm

From palm oil to housing, factories or other industries

This one forest concession lands are forbidden

And for that reason palm oil companies that own lots of palm oil lands will reap a golden windfall

Why Rsawit and not Subur Tiasa.

The answer quite simple

Subur Tiasa's lands are basically into Timber and less palm oil. Now that conversion of forest lands to palm oil are not allowed Subur Tiasa will not be able to participate in full due to high Cpo prices over Rm4,300 MT

Rsawit i think from inception is already 100% fully into pure upstream palm oil