M.p. Evans Share Discussion Threads

[lasata] 31/1/2006 13:16

Worth watching AEP too.

[lasata] 31/1/2006 10:24

palm oil prices rising steadily

[lasata] 27/1/2006 09:47

Palmoil prices looking positive following trend in most commodities in 2006.

[spaceparallax] 26/1/2006 19:22

Hi Sheen,

I'm into AEP, which is behaving similarly, as pointed out to me by Lasata.

[sheeneqa] 23/1/2006 16:36

M P Evans sells Malaysian Beradin Estate for 8.1 mln stg

LONDON (AFX) - M P Evans Group PLC said it has sold its Malaysian Beradin
Estate, comprising 1,077 hectares, for approximately 8.1 mln stg with the
proceeds to be used to fund the company's expansion within the Indonesian
palm-oil and Australian beef-cattle sectors.
A statement from the AIM-quoted oil-palm plantation and beef-cattle group,
said the sale reflects the group's strategy to enhance earnings and asset value
by selling its Malaysian property assets and re-investing the proceeds in
Indonesian plantations and Australian agriculture.

[sheeneqa] 19/1/2006 17:37

Strange share price movements...

[bobdouthwaite] 17/1/2006 16:10

Tob, many thanks for that assessment. A further factor perhaps, mentioned on the iii board, is that the soft commodities sector appears to be in vogue. As my holding is relatively small, I won't rush to cash in just yet then, but wait and see if the rise continues. Enjoy spending your profits!

[tiredoldbroker] 17/1/2006 14:20

Bob, as someone not invested in this stock for the first time in years, I'd assume that the market is responding to (a) the greatly increased marketability since the merger, and the removal of cross-shareholdings; (b) the fact that at that point, MPE became a Crest settlement stock (as I'd been asking them to do for some years); and (c) the asset base is clearly migrating from high value but low earning assets in Malaysia to the built in growth in earnings of development land in Sumatra and to the cheaply bought earnings of the cattle business in Australia. So the outlook for earnings over the medium term, if commodity prices hold up, is positive. I simply took the view that the price was no longer at a massive discount to NAV as it had been when I was a buyer, and also that I'd never get rid of a chunky holding if the shareprice started to slide. So I have sold out on a rising trend, and wish continuing holders the best fortune imaginable over the next few years.

[bobdouthwaite] 17/1/2006 12:55

We seem to have broken out of the 5-year channel - what's going on?

[lasata] 11/1/2006 15:55

Close to an all time high.

[shavian] 09/1/2006 14:53

Up today on favorable comment from Merryn Somerset Webb in Sunday Times - any news ?

[pcuser] 06/12/2005 12:50

"The animal, a mammal slightly larger than a domestic cat with dark red fur and a long, bushy tail, was photographed twice by a camera trap at night. This could be the first time in more than a century that a new carnivore has been discovered on the island."


Was it Anne Robinson or just another Palm Oil fat cat ?


"The proposed scheme, funded by the China Development Bank, is expected to cover an area of 1.8 million hectares, equivalent to about half the size of The Netherlands."


So how many FBBs will that produce in an average year ?

[lasata] 06/11/2005 19:14

Palmoil producers will benefit:

Booming World Demand for Vegetable Oils Will Tend to Overproduce Oilmeals in 2005/06...

Increasing production of biofuels will be a major challenge for our markets this season. Crude mineral oil prices have declined from their peaks registered at the end of August and early Sept but are still unusually high with European Brent at around US-$ 58-60 per barrel and WTI in New York at between US-$ 61 and 63 this week. Production of biofuels is very attractive in the European Union due to the generous government support. Selling prices of mineral diesel dropped by roughly 10% during the past 2-3 weeks. Although this has also led to a decline in the selling prices for biodiesel, profit margins of biodiesel production are still very high. In the European Union demand for rape oil for the production of biofuel can hardly be satisfied, despite record supplies of rapeseed in Europe. The constraint is insufficient capacities for crushing as well as for rape oil refining.

World consumption of 8 vegetable oils is set to increase steeply by 6.2 Mn T in Oct/Sept 2005/06, which comes on top of the record growth of 6.5 Mn T or 6.5% registered last season.
For more see OIL WORLD Monthly of Oct 2005

[lasata] 21/10/2005 19:02

Further good news for MPE

Biox to use palm oil for biodiesel plants

October 21 2005

JAKARTA, Thurs: Biox Group BV, a Netherlands-based biofuel producer, says it will spend e250 million (e1 = RM4.51) on building four 50MW power plants that use palm oil as fuel and sell shares for the first time.

Each plant will generate as much as 100 million euros in annual sales, starting early 2007 when the first station will begin production, group finance director Edgare Kerkwijk said in an interview yesterday.

Biox has borrowed 250 million euros from ABN AMRO Holding NV, he said.

Palm, soyabean and rapeseed oils, used mainly for cooking, are also used as a diesel substitute in European Union nations to lower pollution.

Biofuels, made from agricultural crops and vegetable oils, help stretch diesel and petroleum supplies when crude oil prices rise. Oil prices reached a record US$70.85 (US$1 = RM3.77) a barrel on August 30.

“Right now, palm oil is the cheapest and most efficient of vegetable oils. We can switch to soyaoil or rapeseed oil as green fuels,” said Kerkwijk, also a partner at the company.

The plants will be based near Vlissingen, the third biggest seaport in the Netherlands, he said.

Biox will need as much as 100,000 tonnes of palm oil annually to fire the plants, Kerkwijk said.

An increase in palm oil demand may push prices in Malaysia and Indonesia, which together produce 80 per cent of the world’s palm oil.

Palm oil for January delivery yesterday rose 0.6 per cent to RM1,444 a tonne on the Malaysian Derivatives Exchange Bhd. Prices have gained 4.4 per cent this year.

Biox has tied up with palm oil suppliers in Malaysia and Indonesia, Kerkwijk said, without naming them.

Biox will hire an investment bank to help it sell shares, Kerkwijk said. The shares may trade in Singapore or London. The company will open an office in Kuala Lumpur next month, he said.

The company has invested e100 million this year, from e26 million in 2004 and will need to raise as much as e200 million next year, he said.

Biox was founded in 2002 by managing director Ard van de Kreeke as an integrated bio-fuel company. â€" Bloomberg

[lasata] 21/10/2005 18:58

From BFC board. Good for MPE.

German consultant says palm oil biodiesel has more potential for longevity

Wolgang Rupilius, a consultant from Germany, says that biodiesel based on palm oil is more likely to stand up to certain conditions than biodiesel based on canola oil, the Malaysian National News Agency reports, but opponents of the oil fear harvesting it could seriously damage the habitat of orangutans.

See more articles like this one at www.NewEnergyReport.org

Original news summary: (

Biodiesel based on palm oil would have higher chances of survival under certain conditions compared with biodiesel based on canola oil or rapeseed, a consultant from Germany, Wolgang Rupilius said Wednesday.
He said that although currently canola oil based biodiesel is the fastest growing oleo chemicals product, this development is largely artificial, since it is based on the tax exemption for biodiesel.
He said that studies have shown that in order to produce one tonne of canola oil based biodiesel, 1.2 tonnes of fossil fuel had to be used but that is not the case for palm oil.
He pointed out that producing palm oil based biodiesel is much more cheaper, and "if you have a free economy, European biodiesel producers will stop buying canola oil and rape seed oil and instead start buying palm oil."
"Hence, I am sure some kind of restrictions will come or otherwise palm oil will take over completely the biodiesel market in Europe, which would not be accepted by the biodiesel producers and population in Europe," he said.
Rupilius said that the cost to produce one tonne of palm oil based biodiesel is between 150 to 200 euros but rape seed would cost between 500 and 600 euros.
The alternatives are either to look into cheaper raw materials or to produce methyl ester for the chemical industry using their current facility, he said.
He said that the production of methyl ester sulfonates (MES) has a large potential, since the alternative petrochemical raw material alkyl benzene is today more expensive at around US$1,300 (US$1 = RM3.76) per metric tonne than the palm based methyl ester.
The lowest cost raw material for the manufacture of MES is hydrogenated palm stearins methly ester, which is between US$500 and US$600 per metric tonne.

[lasata] 21/10/2005 18:58

Rambutan : Can you post it?

[rambutan2] 20/10/2005 14:55

piece in wall street journal today on bullish outlook for palm oil, with forecasts by jp morgan.

[lasata] 17/10/2005 12:34

Keep an eye on AEP board as these two companies similar.

[sheeneqa] 10/10/2005 15:01

Which ever they do not seem to stop the upward movement.....

This could go a lot further in the coming months........