Both plantation companies have good dividen yield. I am wondering which one is better for investment. I spend the whole Sunday extracting information from their annual reports.
Below is my comparison for both plantation companies. Some information are still missing at time of writting. I think the choice is clear for me now.
Kimloong's Telupid mill has problem of getting enough FFB for their production. Hopefully this problem will be solved when Kimloong bought existing plantation land that will contribute 30,000MT FFB to the mill.
Another key difference between both companies is the age of palm trees. Kimloong has 26% of old palm trees (>20 years) so they need to do replanting in the future.
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