RE: 3.85/3.9211 Dec 2020 07:04
CAT/PV and FK1. Agree with most you have all posted. I don't believe DKL get more than 500 mt /month CPO from their own estates and I don't think that the fertilizer program, although a good idea, has had any significant effect on their CPO intake. The only alternative is to buy-in more ffb, but here they face significant opposition from Sifca ( backed still I believe by the Dillon family and with both Olam and Wilmar as shareholders) and this lot have influence and very deep pockets.
For me the most positive event recently has been Agdevco buying shares. This means to my mind that considerable research has been done by experts and been found positive. I also think that with prices where they are today that we should see good numbers for the peak season and when that starts to tail off the cashews will start up. DKL cannot afford any more silly excuses.