Asian Plantations Board http://www.iii.co.uk/investment/detail?code=cotn:PALM.L&display=discussion http://www.iii.co.uk/icons/logos/logo_140x67.png http://www.iii.co.uk tag:iii.co.uk,2003:tst.10574517 Very happy to hold this,and possibly add on any dips! By shareordie ]]> http://www.iii.co.uk/investment/detail?code=cotn:PALM.L&display=discussion&id=10574517&action=detail Wed, 01 May 2013 07:18:00 GMT shareordie tag:iii.co.uk,2003:tst.10573888 http://www.iii.co.uk/investment/detail?code=cotn:PALM.L&display=discussion&id=10573888&action=detail Tue, 30 Apr 2013 19:14:00 GMT Chickenlicken1 tag:iii.co.uk,2003:tst.10573797 By Chip_Scashtin ]]> http://www.iii.co.uk/investment/detail?code=cotn:PALM.L&display=discussion&id=10573797&action=detail Tue, 30 Apr 2013 18:22:00 GMT Chip_Scashtin tag:iii.co.uk,2003:tst.10436714 "an attractive agricultural land bank" ... "could prove irresistible" to predators from various sectors. "Even if a bid fails to materialise, production growth ... should propel the shares towards Panmure Gordon's 380p price target."
I think this is expected to take about 2 years as these oil mills come on stream and the plantations come into production. anyway it seems to be ticking along OK at the moment.
By Chip_Scashtin ]]> http://www.iii.co.uk/investment/detail?code=cotn:PALM.L&display=discussion&id=10436714&action=detail Thu, 28 Feb 2013 09:24:00 GMT Chip_Scashtin tag:iii.co.uk,2003:tst.10311167 http://www.iii.co.uk/investment/detail?code=cotn:PALM.L&display=discussion&id=10311167&action=detail Wed, 09 Jan 2013 12:14:00 GMT Chip_Scashtin tag:iii.co.uk,2003:tst.10080602 http://www.iii.co.uk/investment/detail?code=cotn:PALM.L&display=discussion&id=10080602&action=detail Tue, 09 Oct 2012 11:09:00 GMT lincolnimp tag:iii.co.uk,2003:tst.9799834 http://www.iii.co.uk/investment/detail?code=cotn:PALM.L&display=discussion&id=9799834&action=detail Thu, 05 Jul 2012 12:57:00 GMT Chickenlicken1 tag:iii.co.uk,2003:tst.9745434 Joanne Hart of the Mail on Sunday/ThisIsMoney recommended taking profits in January, which was good advice, when it was 264p. I wonder with hindsight if there was some stake-building going on which was abandoned when the market went Risk Off in Jan/Feb -- the price certainly behaved that way.
The posts on this page by Hardman and IC are also informative and so far as I can tell, coming true.
It's an agricultural share, and we are waiting for it to come to fruition. I am staying in because I believe that by 2015 the share price will multiply, and I'm not sure when that process is going to start.
I do think it is a relatively safe haven -- there is no doubt that palm oil is a desirable commodity, and it is a long way from Greece. Re my ethical concerns, the annual report is a delight, but Palm oil does have a bad name. Still I think Malaysia is a relatively eithical place to grow the stuff.
Either there is something bad happening, or it is a good time to buy -- I would say the latter, on balance, but do dig around and let us know if you come up with anything! What I mean is IMHO and DYOR.
By Chip_Scashtin ]]> http://www.iii.co.uk/investment/detail?code=cotn:PALM.L&display=discussion&id=9745434&action=detail Mon, 18 Jun 2012 09:21:00 GMT Chip_Scashtin tag:iii.co.uk,2003:tst.9744471
Would welcome any words of wisdom.

Thanks Mike By mylen ]]> http://www.iii.co.uk/investment/detail?code=cotn:PALM.L&display=discussion&id=9744471&action=detail Sun, 17 Jun 2012 21:37:00 GMT mylen tag:iii.co.uk,2003:tst.9382525 04 Mar,2012
Tip Bits: Keep buying Procter & Gamble, Asian Plantations, Digital Barriers and Baobab Resources,
http://bit.ly/sPjaXE By SpikeyDT ]]> http://www.iii.co.uk/investment/detail?code=cotn:PALM.L&display=discussion&id=9382525&action=detail Sun, 04 Mar 2012 20:29:00 GMT SpikeyDT tag:iii.co.uk,2003:tst.9361699 28 February 2012
Completion of acquisition boosts land bank
http://bit.ly/AnAfzg By SpikeyDT ]]> http://www.iii.co.uk/investment/detail?code=cotn:PALM.L&display=discussion&id=9361699&action=detail Tue, 28 Feb 2012 13:56:00 GMT SpikeyDT tag:iii.co.uk,2003:tst.8690620 Created: 26 August 2011 Written by: Asian Plantations has added to its acreage in Malaysia
http://www.investorschronicle.co.uk/Tips/Buy/TipsOfTheWeek/article/20110826/acb7c046-cff1-11e0-9a1d-00144f2af8e8/Asian-Plantations-breaks-20k-barrier.jsp


Malaysian palm oil developer Asian Plantations has added a further 5,000 hectares to its estate through the $34.4m (£21m) acquisition of the Dulit Estate, which borders its existing Incosetia Estate. The deal takes Asian Plantations' total land bank to 20,645 hectares, meeting the company's stated objective of building a 20,000 hectare estate within two years of its Alternative Investment Market (Aim) float in November 2009.
The Dulit Estate is partly developed with half of its land already planted with three-to-five year-old trees. They should contribute around $4.8m of revenue in 2012. The remainder will be planted by 2014. The deal is being funded by local bank funding and Asian Plantations' own cash reserves and, at $10,600 per planted hectare, the deal has been struck at a significant discount to the prevailing price per hectare in the region, estimated by broker Panmure Gordon to be $24,000. By the end of this year, the company will have 10,000 hectares of producing assets.
SHARE TIP UPDATE:
Buy
Asian Plantations has now set a fresh target of 45,000 hectares under ownership by the end of next year, suggesting further significant acquisition activity in the next 12 months. Buy. By SpikeyDT ]]> http://www.iii.co.uk/investment/detail?code=cotn:PALM.L&display=discussion&id=8690620&action=detail Fri, 26 Aug 2011 15:40:00 GMT SpikeyDT tag:iii.co.uk,2003:tst.8688346 Thursday, 25 August 2011 08:00
Source: Hardman & Co
http://asianplantations.com/en/investor-relations/equityresearch/182--ambitious-sarawak-company-hardman-a-co.html

Two things define Asian Plantations: the ambition of its management & its deep local roots. Despite its listing on the AIM of the London Stock Exchange, and its incorporation in Singapore, this is a Sarawak business. It is in Sarawak that it is located, its largest shareholders are local entities and individuals and the business is deeply connected with the business and political circles of the region. Management's ambition is to grow and being local, the business is able to identify attractive opportunities to acquire land ahead of the pack, hence the speed with which APL has been able to build up an estate of more than 20,000 ha and the firm basis for management's new target of taking the estate to 45,000 ha and more by end 2012. With its first mill expected to come on stream at the end of 2012, with the expectation of more than $5m of revenues in the current year, what was merely a paper plan in 2007 is now a business with an enterprise value of £159m and with a likely market value approaching £300m by 2015 when our model indicates the business will produce its first earnings.

If you can't view properly, click here to download

http://asianplantations.com/mediarelations/equityresearch/2010-10-06-hardman-co.pdf By SpikeyDT ]]> http://www.iii.co.uk/investment/detail?code=cotn:PALM.L&display=discussion&id=8688346&action=detail Fri, 26 Aug 2011 07:59:00 GMT SpikeyDT tag:iii.co.uk,2003:tst.8687710 25/08/2011 Robert Tyerman
http://www.growthcompany.co.uk/recommendations/1650238/asian-plantations.thtml


Malayasia-focused Asian Plantations (PALM) has agreed to buy the 5,000 -hectare Dulit palm oil estate in Sarawak for up to $34.4m (£21.5m). The Singapore-based company, steered by joint chief executive officers Dennis Melka and Graeme Brown, says the estate, which borders its existing Incosetia estate, is as yet half planted with palms that are harvested daily and is expected to produce more than 22,000 tonnes of fresh fruit bunches next year, with a market value of more than $4.8m.

AIM-quoted Asian is paying in three tranches, funded by a local bank debt facility and its own cash resources, which were swollen earlier this year by a £16m placing at 220p and a few days ago by a $2.1m (£1.3m) convertible bond issue. The company, which says it expects to close the deal by the end of the year, argues the purchase price for Dulit, at $10,600 per planted hectare and $3,000 per unplanted hectare, represents a significant discount to other recent East Malaysian plantation deals, and takes Asian's total plantation holdings to some 20,645 hectares, more than the 20,000 hectares set as the target for 2011 when the company floated on AIM in 2009.

Growth Company Investor recommended Asian Plantations shares at 84.5p last year and later suggested partial profit taking at 245p. They have now reached 252.5p and could go higher in the medium term.

Tags: AIM, Dennis Melka, Graeme Brown, Malaysia, Palm oil

Sector: Food Producers

Companies: Asian Plantations

Market cap: £101mPE Forecast: n/a
Share price: 252.5p By SpikeyDT ]]> http://www.iii.co.uk/investment/detail?code=cotn:PALM.L&display=discussion&id=8687710&action=detail Thu, 25 Aug 2011 21:55:00 GMT SpikeyDT tag:iii.co.uk,2003:tst.8511946 http://www.bbc.co.uk/news/business-14062536 By Chip_Scashtin ]]> http://www.iii.co.uk/investment/detail?code=cotn:PALM.L&display=discussion&id=8511946&action=detail Fri, 08 Jul 2011 20:36:00 GMT Chip_Scashtin