Yep - sorry to sound boring, but agree. They have some mid-term...

Yep - sorry to sound boring, but agree. They have some mid-term strategies. As long as they dont burn the cash too fast. Inspite of all the hoo ha about apes in Indonesia etc, biofuel burns cleaner, and all the tree-huggers will keep the pressure on.

I do worry about the price of palm oil. Why would it come back down? One reason might be the collapse of SBI competitors taking the heat out of demand. But even so, I think they need to re-jig the business model - and they are doing this with the upstream stuff.

I will be holding, and resist the temptation to cut and run.