22.10.2021
The Observer weekly newsletter is now available in Bahasa Melayu. The translated version will be uploaded on MSWG’s website every Monday. Please check out www.mswg.org.my for further details.
Besides, do follow MSWG’s Twitter account at @MSWGMalaysia to share your thought on our tweets from time to time.
ESG concerns weigh on plantation stocks pricesThat there is disparity or disconnect between share price performance of Bursa Malaysia-listed plantation stocks and crude palm oil (CPO) price is a good tell-tale sign that undermining ESG (environmental, social and governance) considerations can be detrimental to stock valuations in the long term.
What this means is simply that the plantation industry may be experiencing a joyride with CPO prices surging to record-high levels – which would contribute positively to the revenue stream, earnings and even dividend yields of public listed plantation companies – but sadly little is reflected in their share prices.
