I translated the Chinese version by google. Sorry, I don't know Chinese.
Anyway,
these are other factors not listed.
Why Kwantas stands to gain?
1) As ringgit has crashed against US dollar all importation of catepillar, farm equipment will be prohibitive. So it is cheaper to buy existing plantations from Kuantas than to plant new ones.
2) Another reason is from the complaint from European nations. The cutting of newer forests will affect the orang hutan population in Sabah. So new deforestation is discouraged. Indonesia has banned further deforestation now. So with more demand exceeds supply Land Prices of existing Oil Palm plantations can only go up
3) Kwantas has quarry lands which will also benefit from the up coming Pan Borneo Highway.
These are some other favourable factors for Kwantas
Wonder why the European worries about the orang utans in Sabah. We can simply transfer all the orang utans in Sabah to KL. Afterall our parlimen is full of orang utans, add a few more from Sabah shouldn't be too burdensome
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....
calvintaneng
53,443 posts
Posted by calvintaneng > 2017-05-21 22:58 | Report Abuse
Hi guys,
I translated the Chinese version by google. Sorry, I don't know Chinese.
Anyway,
these are other factors not listed.
Why Kwantas stands to gain?
1) As ringgit has crashed against US dollar all importation of catepillar, farm equipment will be prohibitive. So it is cheaper to buy existing plantations from Kuantas than to plant new ones.
2) Another reason is from the complaint from European nations. The cutting of newer forests will affect the orang hutan population in Sabah. So new deforestation is discouraged. Indonesia has banned further deforestation now.
So with more demand exceeds supply Land Prices of existing Oil Palm plantations can only go up
3) Kwantas has quarry lands which will also benefit from the up coming Pan Borneo Highway.
These are some other favourable factors for Kwantas