don't understand why many analysts still maintain plantation stocks as neutral whilst CPO price break 8 years high.. the 8% tax will only incurred when CPO price is above RM3400, so if the government want that 8%, surely will try to maintain the price high. Also, CPO price above RM2500, the plantation company will already making profit..

Just keep it and see how, this new windfall tax might benefit tsh as 90% of tsh palmoil land bank is in Indonesia, means their output from there might increase because excluded from this tax as it is not export out from malaysia. Fair price around rm1.3