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7 comment(s). Last comment by calvintaneng 2021-11-02 16:59

calvintaneng

56,471 posts

Posted by calvintaneng > 2021-11-02 05:50 | Report Abuse

Warren Buffet said he looks for 3 things in a person

1. Intelligence
2. Integrity
3. Talent

The most important is integrity

Without integrity an intelligent or talented person also no use as he/she can outsmart you and play you out

So integrity and honesty stand out in any company he invests in

Posted by Thomas Chan Yeu Wai > 2021-11-02 08:58 | Report Abuse

damn, i didnt know there was such a thing lorries "diverted elsewhere".

Sslee

6,703 posts

Posted by Sslee > 2021-11-02 09:37 | Report Abuse

Haha some even syphon out the oil from palm oil mill.

Berlin

373 posts

Posted by Berlin > 2021-11-02 10:30 | Report Abuse

A friend who owns 1000 acres mature oil palm plantation in Pahang has been grossing around RM1 million per month from FFB sales. Works out to RM1000 per acre per month or an astounding RM12,000 per annum. Best ever in its history. But then he has a very reliable manager and the plantation is very well run. High yields, no leakages. He is very happy.

Posted by Thomas Chan Yeu Wai > 2021-11-02 14:30 | Report Abuse

I think for the leakages/ siphoning/ "diverted elsewhere", any idea where can get readily computed CPO % yield of all listed Cos?

ongth60

557 posts

Posted by ongth60 > 2021-11-02 16:34 | Report Abuse

@Calvin, why not SWKPLNT as pure Palm oil play instead of TAANN, which is the controlling shareholder of SWKPLNT? Also with Dato Wong Kuo Hea as the executive director, they have manage to reduce the debt and improve the current ratio.

calvintaneng

56,471 posts

Posted by calvintaneng > 2021-11-02 16:59 | Report Abuse

ongth60

Taann own Swkplant as top holder

both are good

only Taann got timber as well

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