10 people like this.

69 comment(s). Last comment by qqq33333333 2020-04-06 17:44

Aseng

8,633 posts

Posted by Aseng > 2020-04-06 14:02 | Report Abuse

sorry , my calculation is wrong

i should be 25+ MT FFB/hec/year .

am I right ?

Sslee

4,904 posts

Posted by Sslee > 2020-04-06 14:08 | Report Abuse

Dear Aseng,
Yes you are right. But MM doing better.

https://www.musimmas.com/news/blog/no-small-matter
https://www.musimmas.com/news/blog/fruits-of-our-labour
The Central Kalimantan Plantation achieved the highest production per hectare among all Musim Mas Group’s plantations in 2014 – exceeding 7.13 tonnes of CPO per hectare – and is still among the most productive Plantation to date.

Thank you

qqq33333333

3,053 posts

Posted by qqq33333333 > 2020-04-06 14:15 | Report Abuse

plantations.........1-2 months MCO, tree die or not?

qqq33333333

3,053 posts

Posted by qqq33333333 > 2020-04-06 14:17 | Report Abuse

ss.........share market all about trading, about FOMO............what has value investing got to do with bursa?

Aseng

8,633 posts

Posted by Aseng > 2020-04-06 14:17 | Report Abuse

last year my yield is about 30+ MT /Hec/year

that is why I am so free

Sslee

4,904 posts

Posted by Sslee > 2020-04-06 14:23 | Report Abuse

Dear Aseng,
Your yield is very good. You should ask Philip his plantation yield.

Thank you

ahbah

6,070 posts

Posted by ahbah > 2020-04-06 15:22 | Report Abuse

It looks like FOMO disease is spreading around the world now ?

I am worried I will be left behind !

What to do now ?

Posted by Philip ( what you can learn from RJ MITTE ) > 2020-04-06 15:44 | Report Abuse

Wow, you guys must be far better planters than me. But then again you are probably bigger scale so better economies. Our group jointly has 280 acres of land in tawau, so far average yield is around 1.5 ton fresh fruit bunches @ rm380, with the refineries not being nice in buying, when they do buy at all. Payments are usually delayed too.

I wonder if there is any micro boiler compressor systems that I can buy from China to do ffb extractions so I don't need to be cheated by the big players?

Posted by Philip ( what you can learn from RJ MITTE ) > 2020-04-06 15:47 | Report Abuse

What is fomo?

>>>>>

Posted by qqq33333333 > Apr 6, 2020 2:17 PM | Report Abuse

ss.........share market all about trading, about FOMO............what has value investing got to do with bursa?

ahbah

6,070 posts

Posted by ahbah > 2020-04-06 15:48 | Report Abuse

SINGAPORE (April 6): Singapore announced S$5.1 billion ($3.55 billion) in additional economic spending such as wage support, waiver of levies and one-off payments to combat the coronavirus pandemic.

“This is an unprecedented budget for extraordinary times,” Finance Minister Heng Swee Keat told parliament on Monday, just over a week after the city-state unveiled more than $30 billion in new support measures as it braces for its worst recession.

On Friday, Singapore said it will close schools and most workplaces for a month as part of stricter measures to curb a recent jump in coronavirus infections. Singapore has reported a total of 1,309 infections and six deaths from the coronavirus.

Heng said the new measures unveiled in the third budget will increase the total spending on coronavirus relief to S$59.9 bln or 12% of gross domestic product (GDP). He said Singapore will draw an additional S$4 billion from its past reserves to fund the new measures.

“The situation remains highly fluid and uncertain. The government stands ready to provide further support should it become necessary,” Heng said.

Heng said Singapore’s overall budget deficit for financial year 2020 is expected to increase to S$44.3 billion, or 8.9% of GDP.

Ah Heng is going all out war against covid-19 ?

Our Pak Din is going to follow suit this evening at 4 pm TV time ?

qqq33333333

3,053 posts

Posted by qqq33333333 > 2020-04-06 16:24 | Report Abuse

FOMO means fear of missing out

ahbah

6,070 posts

Posted by ahbah > 2020-04-06 16:28 | Report Abuse

Pak Din, I am with U fighting against covid-19.

Kita akan bangkit semula !

Hidup Pak Din !

ahbah

6,070 posts

Posted by ahbah > 2020-04-06 16:34 | Report Abuse

Please practice safety distance everywhere.

Safety distance ... the no. 1 law of good health for all now !

If we break this law, we got to pay with our life as forced by covid-19 !

qqq33333333

3,053 posts

Posted by qqq33333333 > 2020-04-06 17:15 | Report Abuse

FOMO means fear of missing out

its trading power vs investing.......


got people investing one meh?


not scared of biggest recession in a generation?

qqq33333333

3,053 posts

Posted by qqq33333333 > 2020-04-06 17:17 | Report Abuse

what is safe distance also not really known............

qqq33333333

3,053 posts

Posted by qqq33333333 > 2020-04-06 17:19 | Report Abuse

but what I know is tested positive is not a death sentence..........


in Europe, some specialists are saying 1 to 10 % of the people already infected.........but total death is very small number only.

ahbah

6,070 posts

Posted by ahbah > 2020-04-06 17:31 | Report Abuse

Even if the death rate is very small, covid-19 got make the mkt chip

for the rich to buy shares chip n become richer !

Covid-19 is actually very good for the rich people like WB to become

richer !

ahbah

6,070 posts

Posted by ahbah > 2020-04-06 17:43 | Report Abuse

Please read below. Singaporeans oredi got infected with FOMO disease now ! Thanks.

Author: Tan KW | Publish date: Mon, 6 Apr 2020, 11:18 AM

SINGAPORE: Record low interest rates are tempting some retail investors in Singapore to load up on debt to buy shares, just as the coronavirus outbreak creates the most volatile markets since the global financial crisis.

Earlier this year, 31-year-old insurance agent Heng Kai Sheng got advances on three separate credit cards to the tune of S$150,000 (US$105,000).

With the money, he opened a share-financing account at a local bank and pledged the lot as collateral.

He was granted leverage of around 3.5 times, a S$500,000 kitty Heng’s plowing into the stock market.

“As Asians, our parents always tell us ‘don’t borrow money, repay your mortgage as soon as possible’, ” said Heng, whose initial S$170,000 share portfolio now totals about S$135,000. “But money is so cheap.”

According to preliminary data from the Monetary Authority of Singapore, bank financing for stock purchases by retail investors rebounded in February after three consecutive months of declines.

Individuals pumped around S$2bil into equities in March, 50% more than the previous month, Singapore Exchange Ltd data showed.

The increase comes as the nation’s benchmark equity gauge registered its worst quarter since the global financial crisis. The SPDR Straits Times Index ETF, the largest Singapore-listed exchange-traded fund tracking the city-state’s stocks, saw net inflows of about S$247mil in the three months ended March 31, its largest quarterly boost since 2002, Bloomberg-compiled data showed.

“There are probably new and existing investors who aren’t leveraged who would definitely want to take advantage of the sell-off to buy shares, ” said Joel Ng, an analyst at KGI Securities (Singapore) Pte.

There are also some suggestions retail investors may be using their homes as collateral to borrow money.

David Gerald, founder of investor lobby group Securities Investors Association (Singapore), said he was aware that investors “may want to refinance their housing loans” in the low-rate environment to free up cash for equity investments. However, “investors should be cautious not to over-leverage” in volatile markets because they may face margin calls, he added.

Not everyone is joining the party. While share financing by banks rose in February, the amount decreased 11% when compared to a year ago. And according to Ng, margin calls “really intensified” in March, particularly for private-bank clients who were sold leveraged products or who took on debt to buy real-estate investment trusts.

Heng said he had a three- to-five-year horizon for his investments, and maintains he’s doing the math to make sure he can always cover the interest, which ranges from 1.38% to 2.03% on the credit cards.

Some of the shares he bought include Oversea-Chinese Banking Corp, which slumped 21% last quarter, Singapore Telecommunications Ltd, down 25%, and Mapletree Industrial Trust, which declined 6.5%.

Heng knows he’s taking a risk but he’s not too worried.

“For young people like us, even if you fail, you can make up the capital, ” he said. “If you have sufficient earning power, you should take a bit more risk.”

- Bloomberg

qqq33333333

3,053 posts

Posted by qqq33333333 > 2020-04-06 17:44 | Report Abuse

in Europe, some specialists are saying 1 to 10 % of the people already infected...meaning 3 to 30 million people in europe already infected............the vast majority recovers automatically........never got sick..........

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