I really did not expect such a big drop in PAT. I expect the higher palm oil price was able to offset the drop in production volume. I guess the other cost pressure ate up the profit. I wonder what they have in Tasmania that the group has to recognise the asset impairment. Timber business turning into loss and this is really unexpected. With the US tariff war, the Europe and China may turn to palm oil as the alternative to soyabean oil. The wet season will be over soon and we hope for more production output in the coming months and more countries will use palm oil. Looking at the historical price chart below 4.00 is a good buy considering the high DY record and low debts to cash ratio.