Frankly speaking, this is a very disappointed result.
I am not sure how they manage their Indonesia plantation, normally people burning is for plant new corp, but this TDM can burn until their existing plantation also being burn, somemore being fine by authority and banned from plantation activitity for next 3 years.
However, good things is company has book in all the impairment loss in current quarter, so next quarter you can expect a very good result:-
1) Higher CPO price 2) Higher FFB volume 3) No more impairment 4) Higher contribution from Hospital
Let's keep everything in proper perspective, guys. It'd been on a roll beginning with the upward reversal from 16.5 sen. Nothing can keep rising forever without taking a breather.
Burned maybe becos you took too long to make up your slow mind, HowAh.
If you had bought fast @17 sen, instead of just whining & crying away your time day & night, even if you sell @21.5 today, you would still be making 25% return on investment.
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Posted by Mabel > 2019-11-26 09:50 | Report Abuse
Kelapa sawit naik lagi
krappy investment bank forecast tak henti henti
who cares asalkan peneroka sini senang hati
dapat duit hari hari..