Its primary business activities are cultivating and harvesting oil palm trees, processing fresh palm fruit bunches from its oil palm plantations, plasma plantations and third parties into crude palm oil and palm kernel, and selling crude palm oil and palm kernel.
The factors and price of CPO:
(1) Demand for CPO,
(2) Supply of CPO,
(3) Weather phenomenon which can affect supply,
(4) Government policies, and
(5) Fluctuations of currencies.
They are things not within Bumitama Agri’s control.
26 May 2017
Above 200MA
Waiting to break R1 0.8 , R2 0.835 to move higher
Aug 2016
Revenue drop 12.9% to 1,376.7b rupiah
Q2 profit falls 39% to 107.6b rupiah
Oct 2016
Revenue decreased by 1.7% YoY to IDR 2,865 billion.
Gross Profit decreased by 13.7% YoY to IDR 657 billion
Waiting to break R1 0.8 , R2 0.835 to move higher
Aug 2016
Revenue drop 12.9% to 1,376.7b rupiah
Q2 profit falls 39% to 107.6b rupiah
Oct 2016
Revenue decreased by 1.7% YoY to IDR 2,865 billion.
Gross Profit decreased by 13.7% YoY to IDR 657 billion
The domestic equity benchmark indices are likely to open on a flat note today tracking muted cues from Nifty futures on the Singapore Stock Exchange and positive global peers.
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