Bumitama Agri (SGX:P8Z) – This Palm Oil producer is highly under-priced

Palm oil plantation companies has been the talk of the town since past few weeks. Palm oil’s spot price moved up from its multi-year low price level of $576 per mt (in May 2020) to the current level of $1031 per mt (almost 72% return). This is the highest price level in past 10 years.Continue reading “Bumitama Agri (SGX:P8Z) – This Palm Oil producer is highly under-priced”