SEE_Research The Trilogy of Fast and Furious Mode / Part 2
SEE_Research Publish date: Wed, 04 Jan 2023, 06:46 AM Malaysia
is well blessed with
2 landmarks resources __ one is from the ground and the sea __ this is the natural resources of the
black *** gold *** .
The other is from the land in which we first started cultivation of rubber in 1877 subsequently in 1985 / 1986 __ the country progressively changed to oil palm estates .
Rubber Cultivation
Development of the rubber industry in Malaysia
A tourist attraction in Kuala Kangsar, Perak, located near the District Office, is believed to be the first rubber tree planted in Malaysia, in 1877.
It was one of the nine seedlings brought over by Henry Nicholas Ridley, who became director of The Singapore Botanic Gardens in 1888.
Ridley was instrumental in the development of rubber plantations in Malaysia, then known as Malaya.
According to the website of Economic History of Malaya (EHM), a project run by the Asia-Europe Institute of Universiti Malaya and led by Perak ruler Sultan Nazrin Shah, natural rubber was a critical pillar of Malaysia’s export-oriented economy throughout much of the 20th century.
“The massive boom in rubber trade came in the first decade of the 20th century as prices rose as a result of the spectacular upsurge in demand from the US automobile industry and the related demand for rubber tyres.
“As global demand for natural rubber increased and rubber prices rose sharply towards the end of the first decade of the 20th century, rubber planting became highly profitable and rubber plantations spread across the Malay Peninsula. Initially, most rubber planting took place in Perak, Selangor, Negeri Sembilan and Johor — states where infrastructure already existed and was expanding,” says EHM.
It adds that high prices also encouraged smallholders to plant rubber instead of cultivating rice and doing other subsistence farming.
“By the 1930s, Malaya had become the world’s largest natural rubber producer. The use of an improved method of tapping to extract the maximum flow of latex with the minimum damage to trees helped increase supply,” says EHM.
According to EHM, apart from the period under Japanese rule, Malaya’s share of the world’s supply of rubber did not fall below 30% until the late 1980s.
According to EHM, apart from the period under Japanese rule, Malaya’s share of the world’s supply of rubber did not fall below 30% until the late 1980s.
Palm oil trees were introduced to British Malaya by the British government in early 1870s as ornament plants from Eastern Region and The Oil River Protectorate, Nigeria, West Africa. The first commercial palm oil cultivation was done in Selangor in 1917 at Tennamaran Estate. In the early stage of development, the government focused on increasing its palm oil output by rapidly increasing the land area for the palm oil cultivation.
Malaysia
In the early 1960s, palm oil cultivation increased significantly under the government diversification program to reduce Malaysia's dependency on rubber and tin.[5] The FELDA land settlement schemes were introduced surrounding most of the palm oil plantation fields to eradicate poverty among the local people. In the same period, Malaysia also became the world's largest palm oil exporter. In the 1980s, the government nationalized three major palm oil companies, which were Guthrie, Golden Hope and Sime Darby.[6]
Around in 1985
Meanwhile, the large plantation companies themselves--outfits like Guthries, Harrison & Crosfield and Sime Darby--are abandoning rubber in favor of oil palms, a crop that delivers a quicker and, for now, better return on their money
A drive through the Malaysian countryside shows the change well under way. The rubber groves that used to march across the rolling hills are coming down, replaced with squat legions of new oil palms.
In the natural rubber business, there is no product for seven years after the decision has been made to plant: one year for soil preparation and another six years before the trees are ready to bear the natural latex. That’s a long time to tie up money for an uncertain price.
Oil palms begin producing in three years. The palm produces “fruitlets” that are crushed to yield an oil for cooking and other uses.
“I have 500 workers here now,” the plantation’s manager said. “I’ll need half that many when we make the changeover to oil palms.”
Rubber trees are tapped every other day for maximum yield. It’s a job that takes a fine touch, handed down through families that have been on the plantations here for generations.
“An oil palm worker, on the other hand, just needs brute strength,” the plantation boss said.
In a mature palm grove, the worker moves through the trees looking for bunches of fruitlets high among the fronds. Then he hacks or saw them down with a scythe-like knife attached to a long pole. The fruit is gathered from the ground and taken to a crusher to be made into oil.
The rubber tapper’s job requires finesse, not force. A diagonal cut is made through the bark of the tree, taking a thin peel from the edge of bark exposed by the previous cut. A thick peel is a waste, for it takes very little to start the latex running. Too deep a cut, into the wood of the tree itself, will scar the surface and make a second tap more difficult once the bark grows back.
The tapping is done in the morning. At midday the latex that has run into a small cup below the cut is taken to the plantation factory for processing. In the afternoon, the work force turns to maintenance tasks around the plantation.
“There have been efforts to mechanize rubber tapping,” the company official said. “The Japanese came up with a motorized knife, but it’s not as dependable.”
Whatever the economics from the planters’ point of view, plantation rubber producers were already facing problems with their work force.
Caught up in the rising expectations of other Malaysians, the plantation workers were steadily drifting into the cities in search of a better life.
“We may have to start looking for immigrant labor, perhaps Bangladeshis,” the plantation manager said.
Most Malaysian plantation tappers are Tamils with roots in southern India, brought here by British colonial planters as indentured laborers early in the century. The majority of smallholders are ethnic Malays.
The smallholders, private landowners, generally have unproductive trees and make a meager income from rubber. A plantation worker averages close to the nation’s per-capita income of $2,000 U.S. a year, and the planter provides housing, medical care and day-care facilities. He also gives the worker a bit of land for planting vegetables for his own use or for sale.
A national rubber workers union has pushed wages up, but not enough to dim the city lights.
“I don’t want to be a tapper,” said Saravalain, a 14-year-old Tamil boy who was gathering latex from the trees for his worker-parents during a break from school. “I want to be a lawyer.”
in Malaysia, a lot of companies are listed and share prices are supported by left hand right hand profits from epcc work on their own projects/ fixed assets ...................... who to blame? surely the authorities is part of the problem.
the authorities have not been doing their job, the minority shareholders watch dog ngo have not been doing their job, the media have not bee doing their job. Its a gray area and nobody wants to touch it
personally, I don't see a solution.............the authorities , the issuing house, the KlSE, the SC , the auditors are all invested into the scam already .
if the unity government is serious about protecting investors, protecting minority share holders, protecting the small people.......................................... then the authorities need to offer better guidelines to this practise ...and this is a wide spread practise in Malaysia not just limited to cypark.
when there are loopholes in the guidelines/ laws, people will exploit it, and what better way to generate profits than left hand right hand profits ? there is no willing buyer willing sellers basis .......the buyer and seller is the same party and just want to show big profits from the word Go. ................................................ it is fertile ground for cheating, for frauds, for profits manipulation and share market manipulations.
Yesterday one Eagle Group cutloss kgb wb and suffered a loss of 50%
Fortunately his good dividends from bplant, hs plant, Tsh, Taann, Fgv, jtiasa cushioned his losses from following SEE Research buy the rubbish overvalued kgb wb
SEE Research was banned by Eagle group admin Ms Wendy for misbehavior
Last week 2 directors of Revenue were banned for wrong doings
They brought 4 thugs and barged in to steal 30 boxes of documents by criminal force
This SEE Research acts like cyber thug bull doze his way everywhere and cry father cry mother after being banned for wrong doings
Yesterday one Eagle Group cutloss kgb wb and suffered a loss of 50%
Fortunately his good dividends from bplant, hs plant, Tsh, Taann, Fgv, jtiasa cushioned his losses from following SEE Research buy the rubbish overvalued kgb wb
SEE Research was banned by Eagle group admin Ms Wendy for misbehavior
Last week 2 directors of Revenue were banned for wrong doings
They brought 4 thugs and barged in to steal 30 boxes of documents by criminal force
This SEE Research acts like cyber thug bull doze his way everywhere and cry father cry mother after being banned for wrong doings
Yesterday one Eagle Group cutloss kgb wb and suffered a loss of 50%
Fortunately his good dividends from bplant, hs plant, Tsh, Taann, Fgv, jtiasa cushioned his losses from following SEE Research buy the rubbish overvalued kgb wb
SEE Research was banned by Eagle group admin Ms Wendy for misbehavior
Last week 2 directors of Revenue were banned for wrong doings
They brought 4 thugs and barged in to steal 30 boxes of documents by criminal force
This SEE Research acts like cyber thug bull doze his way everywhere and cry father cry mother after being banned for wrong doings
whether it is building a house, a road or an IPP, the proper way to prepare the accounts is to show profits only when there is real third party transactions in rental income , sales, tolls, electricity tariffs.......................... but in stock market in malaysia, profits can be generated from the word Go and while the asset is still being build. .............. and this is the guidelines/ laws of Malaysia now.
calvin tan................I am a trader.................good ,bad ugly also I can trade............................I trade to make money not for any other purpose.
calvin..................................................this i3 is a very funny place.........everyone here is a trader.................why look down on traders? u think your plantations did well meh? u think buy and hold plantations in 2022 did well meh?
AGM is design specifically for CEO to bull.shit / sweet talk about his company...want to attend AGM, better for laymen to attend AGM of good quality companies not AGM of doubtful quality companies.
CCC. By 31 October 2019 , barely another 42 days later __ on 31 October 2019 Scomies / 7045 first triggered the PN 17 classification , after its shareholders ' equity on a consolidated basis fell below 50 % of its issued share capital as at June 30 , 2019
as issued by the report of The Edge as per below for quick reference .
Scomi Energy’s PN17 status confirmed, Scomi Group gets letter of demand over RM42m loan Syahirah Syed Jaafar / theedgemarkets.com
January 21, 2020 20:38 pm +08
KUALA LUMPUR (Jan 21): Scomi Energy Services Bhd’s / 7045 Practice Note 17 (PN17) status is confirmed,
after its waiver application was rejected by Bursa Malaysia .
In a statement today, Bursa said Scomi Energy / 7045 joins its parent company
Scomi Group Bhd on the list, and is the 24th company on the bourse to be listed as PN17.
Scomi Energy / 7045 first triggered the PN17 status on Oct 31, 2019
first triggered the PN17 status on Oct 31, 2019
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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....
speakup
25,180 posts
Posted by speakup > 2023-01-06 22:45 | Report Abuse
TQ. Good info.
Won't be touching cypark