SBI sterling plantations limited

Well nothing really new announced in the AGM. It appears, from...

  1. 752 Posts.
    Well nothing really new announced in the AGM. It appears, from reading the Chairman's address, that the plant is currently sitting idle.

    They are, as has previously been mentioned before, developing both an Oil Mill and Palm Plantations, so all looks good in the long term.

    They are also sitting on a considerable sum of money, so they can sit and wait until market conditions improve.

    I would not suggest anyone buys shares in SBI for the time being, at least until they have a positive announcement regarding production.

    I would encourage anyone who has bought this stock just to hold until you see a good return.
 
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