A lot about Oil palm but probably you and uncle cannot understand.
If you check on listed plantation companies, now FFB production dropped at least 40%, some even more. The weather is getting hotter, probably it will drop more next year. Now some oil palm mills are running out of water to process CPO. Most could report losses in the coming quarters.
Some may not sustain and just be taken over.
Consolidation!
A lot of people cannot understand a simple logic. Plants are living thing (surprise!). If it is under pressure over and over again, it will become weaker and weaker, even after the crisis is over, it will never be the same again.
Don't be silly, cpo price manages to maintain at current level around 2700 is already a fantastic earning figure for plantations, cost of production is areound 1600-1700/per tonnes.Forget the boastful rubbish of 3000 or more etc ,etc.totally out of their minds.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Ainsley Lewis
1 posts
Posted by Ainsley Lewis > 2016-04-06 21:20 | Report Abuse
Laxatives Market Was Valued at USD 4,495.70 Mn in 2015, and is Expected to Reach USD 6,948.07 Mn by 2022: Credence Research - http://www.credenceresearch.com/report/laxatives-market