Kingjackons, where do you get your hunches from, if they are legitimate please share your knowledge. I find it strange for someone to post with an arbitrary statement such as 'October is where it will all happen'. Is that a positive move or a negative one. By all means post as you wish, I just find it a little bizarre.
I cannot agree with the comment that SBI are transparent. It really seems to me that they are holding back somewhat. With announcements being posted at a rate of one, maby two per month is such a speculative stage of production I grow concerned. Surely the board is doing far more than they let on, and if so why not let the investors know.
The FAQ release two months back was testament to this, I feel the board should be proactive in pre-empting the stock holders concerns in times of adversity. A FAQ release shows the board has held back long enough for a significant amount of holders to question the situation.
I am certain all stock holders would like an update on palm oil prices or if that is not possible where to find the prices.
Yes investing upstream is all good and well, but where are SBI investing? Logistics, Plantation, harvesting, preproduction? Again another question left in the wind. I have confidence in the board to manage the company quite competently however it would be beneficial to know what is going on.
I still maintain a hold for this stock as the fundamentals are strong (apart from the zero profit) and if the margins change it will be in a very healthy position.
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