Posted by calvintaneng > 2021-10-29 05:21 |

Post removed.Why?

Posted by calvintaneng > 2021-10-29 05:23 |

Post removed.Why?

Posted by moneySIFU > 2021-10-29 11:52 | Report Abuse

Hi Mr Calvin,

I fully agreed with your statement below, I call my friend in Sabah where his family owns more than 5000 acres palm oil plantation in Lahad Datu, he confirmed that now price for FFB is RM1,000.

One thing need to clarify is the running costs for small holders will be very different from big plantation

Cost of bigger plantation will have higher running costs as we can see from all PLCs reports.

———————————————
We spoke to one Whataspp friend called Mr. M.S. Lee of Sitiawan who owned 45 acres of oil palms
Last month he whataspped us the Invoice for selling his FFB (Fresh Fruit Bunches)
It was Rm940 a ton (In those bleak years only Rm300 to Rm350 a ton)
Then last week he whataspped the Amazing Sale price of Rm1,040 a ton
He said his cost of Fertilizer, Weed killer & transport amount to Rm250 per ton
So Rm1,040 - Rm250
= Rm790 Clean Profit a month per acre
One year?
Rm790 x 12
= Rm9,480 (Really Amazing Profit)

Posted by moneySIFU > 2021-10-29 11:56 | Report Abuse

Another issue is shortage of labour, it is real, but not as serious as reported in the news. It is still manageable for big plantation because big firms have better planning & resources to coup with the challenges

It is the smallholders who are receiving greater impacts over the shortage. As many small holders in Sabah are relying on indonesia workers and some of them had gone back to Indonesia, making small holders unable to harvest smoothly over their estates

Posted by calvintaneng > 2021-10-29 12:30 |

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Posted by moneySIFU > 2021-10-29 16:48 | Report Abuse

Definitely on the better economy of scale for big firms

Posted by moneySIFU > 2021-10-29 16:49 | Report Abuse

In regards to shortage of labour, what do you think for those who has plantations in Indonesia?

I was told they do not have this issue, compared to those in Malaysia

Posted by calvintaneng > 2021-10-29 17:01 | Report Abuse

yes Indonesia no problem at all

over there workers will be much cheaper and abundant

Posted by moneySIFU > 2021-10-29 17:03 | Report Abuse

Look like TSH & KLK will benefit from it as half of their plantations are in Indonesia, if not mistaken

Posted by amateurJR > 2021-11-03 14:56 | Report Abuse

Calvin got promote any steel counters or not?