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2 comment(s). Last comment by calvintaneng 2021-08-18 08:58
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
No result.
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CS Tan
4.9 / 5.0
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....
calvintaneng
56,242 posts
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