Member Info for Buchaneer

Have a look at AGTA if you're interested in Africa and the food sector. Also CFC which I think will be a little gem of a stock in about 5 years time. Again ... best of luck.

Hello Zigstock, I agree - it's definately a good investments, albeit long term. With a grow world population and increasing demand for more processed foods then I see crude palm oil being more and more of a desirable commodity. These guys wont be the biggest producer in terms of acreage and yields - take a look at the likes of Sime Darby if you don't believe me - but they are ambitious and will do well in this sector. Of course there are some wider factors to consider like the political situation and infrastructure in Liberia but, like yourself, I reckon this share is a great long term punt. Best of luck.

There is a press release on the companies webs ite giving details about the palm oil mill which they have been building. Construction is completed, the mill has been comissioned and is now operational. They are selling palm oil to the domestic market. Great news. Any views PLAYTIME ?, would be interested in your thoughts please, especially on the yields and production figures. Thanks,

Hi Playtime. Thanks for this very insightful and informative post. Very much appreciated. I think the share price is about right at the moment, in any event it seems to have found a relatively stable level in the current market. I totally agree that this share is a long term prospect, and will be keeping my modest holding sat within my portfolio to see what happens. Its all about upside potential vs risk. We will see what happens. Thanks again. Buchaneer

As anyone who is reading this doubtless knows the market and the demand for palm oil is set to grow. This, together with land shortages in Malaysia and Indonesia, plus pressure from the environmental lobby to preserve rain forests; must surely bolster Equatorial Palm Oil's position. Afterall, they are in Africa not Asia, and have plans to develop a large sustainable acreage of palm oil plantation. All these factors make PAL a good bet ... long term of course, because let's not forget that from planting the typical palm gestation period is around 4 to 5 years. However, the real wild card in all this for me is two fold. Firstly we have the political situation in Liberia which, in fairness, is infinately better than it has been for a long time but is still thought by many to be 'fragile'. Personally I think the acid test will be the forthcoming general election in October 2011 - if Ellen Sirleaf is re-elected I think this will be a positive thing for PAL and hopefully the country as a whole. We will see. The second issue is PAL itself, in particular its financials. At their current rate of 'cash burn' PAL estimates they will need another significant cash injection in around 2 years fom now in order to see them through until they can become self financing in around 5 or 6 years time. So, if Liberia remains stable, if PAL's crops bear fruit and PAL can make it trhough the next 5 years then I think this share is a really really good long term bet. But its definately not for the risk averse !.Good luck PAL !.