i understand and i totally agree to your points of not opting to buy. also i would like to add another point, it is very important to check on the fundamental of the company. as some may already know, the company is undergoing major restructuring recently. they also have a fair share of distressed projects historically. so wether they will be able to outperform their previous performance this time, i leave it to everyone to judge. p.s. mind u also that this is a JV between Country Heights and Yayasan Kelantan, what their productivity we cannot tell. but i can say this, Country Height was never a plantation company.
Fraternity Caps
· 1 year ago
i agree with your opinion. i'd like to add that one should check on the fundamentals of the company. CH is undergoin a major restructuring and has has a long list of less than impressive previous business undertakings. it is a company with the reputation of over promise but under-deliver. but again its only my opinion. but consider this, this project is a JV between CH & Yayasan Kelantan, but again CH was never a plantation company. so wether they are fit and compatible in this business endeavour, u be the jugde.
I saw this offer before. Seriously, i don't know the company that well. And i think over 23 years, there will be more profitable investment than this like unit trust, etc where you can easily GO IN & GO OUT easily. Palm oil has its economic cycle, sometimes the planters will suffer losses during those lean years.
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p.s. mind u also that this is a JV between Country Heights and Yayasan Kelantan, what their productivity we cannot tell. but i can say this, Country Height was never a plantation company.
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