MBL actually can put more effort in managing its plantation land in Kelantan. If they are able to increase the FFB production to minimum 500 tonnes a month, I think there is no urgent neeed to sell the land. Instead, the FFB production may contribute probably RM2 mil yearly profit to the bottom line. The plantation segment may contribute incrementally to its bottom line when the FFB production can increase to 800 or 1,000 tonnes a month.
Stock: [MBL]: MUAR BAN LEE GROUP BERHAD
2017-10-16 18:20 | Report Abuse
MBL actually can put more effort in managing its plantation land in Kelantan. If they are able to increase the FFB production to minimum 500 tonnes a month, I think there is no urgent neeed to sell the land. Instead, the FFB production may contribute probably RM2 mil yearly profit to the bottom line. The plantation segment may contribute incrementally to its bottom line when the FFB production can increase to 800 or 1,000 tonnes a month.