Posted by calvintaneng > 2021-08-18 08:52 | Report Abuse

From historic average price of all USA farmlands they were about USA4,000 to USD4,500 per acre

NOW WE SEE FARMERS BID USD10,000 (RM42,000) AN ACRE MEANS FARMLAND PRICES HAVE JUMPED UP BY MORE THAN 100%

See

https://www.acretrader.com/resources/farmland-values/farmland-prices

NO WONDER KLK QUICKLY SNAPPED UP THE SHARES OF IJMPLANT

NEXT

FELDA GOBBLING UP FGV

IOI PREPARES OVER RM2 BILLIONS FOR M&A

MORE PALM OIL COMPANIES WILL LOOK TO ACQUIRE THEIR LAND BANKS

Posted by calvintaneng > 2021-08-18 08:58 | Report Abuse

CURRRENTLY MALAYSIA PALM OIL STOCKS BOOK VALUE ARE STILL RELATIVELY CHEAP

EG. THPLANT HAS OVER 240,000 ACRES OF PLANTATION LANDS WITH PALM OIL, TEAK & FOREST FOR WOOD

COST FROM ONLY RM5,000 TO RM10,000 AN ACRE

IF REVALUED THEY SHOULD ALSO BE UP 100% OR MORE IN CURRENT VALUE