CPO price is depressed now. So now should be best time for MHC merge with CEPAT. Both are in same business, they will do better merged, economy of scale.
I have kept this stock for more than 2 years, the only profit I get perhaps is the dividen & bonus issue. Will dispose all my shares in LAMBAT after april.
i have been reading news about palm oil trading price on rising trend lately... due to depletion of inventory domestically as a result of weather.. Anyone know of any plantation company that went bankrupt ?
world #1 & #2 producer r pushing biodiesel which will keep up palm demand, this year can see stable at $27xx~$28xx (if el-nino kicks in, >$3000); over $2600 already a big boost to planters' earning.
Entitlement Details: Single tier final dividend of 2%
Entitlement Type: Final Dividend Entitlement Date and Time: 12/05/2014 05:00 PM Year Ending/Period Ending/Ended Date: 31/12/2013 EX Date: 08/05/2014 To SCANS Date: Payment Date: 21/05/2014
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....
Tom
228 posts
Posted by Tom > 2013-11-20 20:28 | Report Abuse
CEPAT!!! CEPAT!!