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7 comment(s). Last comment by calvintaneng 2021-11-02 16:59
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".
Posted by Sslee > 2021-11-02 09:37 | Report Abuse
Haha some even syphon out the oil from palm oil mill.
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?
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.
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
No result.
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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