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 Be the first to like this.   DickyMe "Palm oil is a major industry in Southeast Asia. Indonesia and Malaysia employ 3.5 million people to produce 85 per cent of the world’s palm oil with export values exceeding US$40 billion annually." 3.5 million workers but 99% not Malaysians but foreign workers "With Southeast Asian economies in the balance – especially Indonesia and Malaysia – the fruit producers must address growing concerns about environmental and employee abuses without losing their competitive edge" Blatant open burning of plantation fields which causes environment pollution, land grabbing which contributes to homelessness and city squatting. and unemployment, when citizens are shoved aside in favour cheap foreign workers. Toxic greed have met divine intervention and soon palm plantation will follow the fate of rubber. 29/01/2018 10:19 AM DickyMe "The latest crisis to face the industry’s reputation came this week as European Union lawmakers on Wednesday agreed to draft measures that seek to phase out the use of palm oil as biofuel by 2021. The move sparked fear in smallholders, who account for about 40 per cent of global palm oil production. Hundreds took to the streets in Kuala Lumpur this week to protest against the EU’s changes, saying the decision threatens their livelihoods." IMPORTANT POINT OF INTEREST "...draft measures that seek to phase out the use of palm oil as biofuel by 2021. " 29/01/2018 10:23 AM  EngineeringProfit Not sure, Jiang. I was still held this stock since 2016. Closed the counter at the end of last year. Somehow got sidelined.....for whatever reason. Good dividend though 07/02/2018 8:41 PM oasischeah This stock needs to keep long term to see good profit. Not much trade volume but easy to go up or down. 20/08/2018 6:39 PM Depeche Palm oil stocks deserve serious consideration to buy now...especially Sime plantation and in my opinion Fareast too. 21/08/2018 6:45 PM shpg22 Revenue, profit & dividend has been on a dive. Whole palm oil industry in dire condition. At current price, dividend yield is expected to be less than 1.0% making it relatively unattractive. STRONG SELL at fair price of 1.65 19/11/2018 7:02 PM  VSOLAR Sailang Margin All In Everyone PUNTER will be picking this stock as #2 Heavenly Pick 09/04/2019 1:31 PM LouiseS FAR EAST's main business segments include oil palm plantations and milling operations. Its earning performance has been overall unstable in last five years, whereby its earning per share overall fluctuated from 19.39 sen to 85.5sen. Dividend payout in the 2018 financial year totalled 3 sen per share, which corresponds to a dividend yield of 1.14%. https://louisesinvesting.blogspot.com/2019/12/comments-on-far-east-holdings-berhad.html 28/12/2019 5:20 PM BlogWatch Absolutely wrong information. There is no such thing as Kilang Wujud Wawasan Sdn Bhd. The mill belongs to Koperasi Serbausaha Makmur Berhad (KOSMA) Wujud Wawasan Sdn Bhd is a JV Company formed with KOSMA to manage the Palm oil Mill. The mill legally belongs to KOSMA. 27/07/2021 10:48 PM Dehcomic01 Far East is a Bursa Plantation company. From a fundamental perspective, its ROE for the past decade is comparable to that for my reference Bursa plantation companies – KLK. Its ROE last year was a 10-year peak. But when you look at the ROE vs market price trend, you can see that the share price is around the 10-year peak. If you have not invested, you might have missed the boat https://i.postimg.cc/XvwbZSyg/Far-East.png 16/11/2023 7:42 AM | |
