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6 comment(s). Last comment by investor2021trading 2022-05-02 11:08
Posted by stockraider > 2022-05-01 16:59 | Report Abuse
Subur is a smaller cake for less people eat mah whereas Sime plant is bigger cake for more people eat mah!
Do not compare the absolute size of cake....but must compare to the relative size of people wanting and has the right to eat loh!
Something a smaller cake could be better if u had less people to share the cake mah!
Just remember the principle of LESS MEN MORE SHARE LOH!
Posted by TheSyndicate > 2022-05-01 20:07 | Report Abuse
@calvintaneng Why are you only comparing FFB and not their market caps?
Posted by stockraider > 2022-05-02 00:24 | Report Abuse
If FFB is Rm 1500....what the CPO price leh ?
Roughly Rm 7500 mah!
Usually u use a factor of 5x to convert FFB to CPO loh!
Posted by investor2021trading > 2022-05-02 11:08 | Report Abuse
Normally d palm oil mill buying outside ffb will informed d sellers on a monthly basis d contracted price of their ffb.
If d locally delivered price of CPO is RM7,500/ton, than d ffb offered price will b based on 19% to 20% of d mill oil extraction rate (oer) i.e. :-
i.e. 7500 X 19% oer = 1425/ton ffb or 7500 X 20% oer = 1500/ton ffb
d % oer awarded is based on criteria pre-determined n done after a quality control (QC) checks. Normally, smallholders r offered 19% oer n bigger estates r offered 20%-21% oer!
The mill will get a 1% to 3% margin of d CPO processed which is a vy hefty profit!
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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
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Posted by calvintaneng > 2022-05-01 15:45 | Report Abuse
You forgot to include SIMEDARBY PLANT
Simeplant 3 months FFB is 1.9 Million tonnes compared to Subur 64,000 tonnes
SO SIMEPLANT IS 29 (X) TIMES MORE FFB THAN SUBUR
Simeplant has over 3.3 Million acres compared to Subur less than 100k acres
Subur is like a Small
14 seat compared to a 400 seater 747 Jumbo Jet plane