SBI sterling plantations limited

Well another announcement today was their Annual Report ... and...

  1. 752 Posts.
    Well another announcement today was their Annual Report ... and people have started taking notice as you will see if you look at the "Buy" side for SBI

    The annual report has a good summary of the "upstream" benefits the company has been looking at, and to summarise they expect the following benefits:

    RBD plam oil RM125 Immediately
    Palm Oil Mill RM180 24-30 months
    Plantations RM290 5 - 6 years

    Total RM595

    That is about $A200 per Tonne
    Which is $A20million per year based on 100,000TPA
    Or about 30 cents per share
 
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