Our website is made possible by displaying non-intrusive online advertisements to our visitors.
Please consider supporting us by disabling or pausing your ad blocker.
Bright future for Sime Plantation as CPO price remains above RM 5,000. Being the "taiko" of palm oil industry, it is still early for investors to get in at this price as the exporting demand to India and China is still high. India being the Deepavali festivals on November and China being the energy supply crisis. China is starting to use palm oil as alternatives to fossil fuel to generate energy. If all the stars align, I see Sime Plantation at a TP of RM 5.50 in November.