Posted by haikeyila > 2013-11-04 10:39 | Report Abuse
the high PE is due to the lower earnings as a consequence of low CPO prices. The numbers will change once the price improves. Still, i agree that plantation counters in Bursa is expensive.
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Posted by ckleaf > 2013-11-03 00:47 | Report Abuse
1 ht.of oil palm at its peak production , will give you 30 tons of ffb per year, not 4-5 tons. Plantations usually sell their production forward as a hedge so high prices for 3-6 months may be meaningless.