Archive for May 2010
Can Sime Darby create value?
1. Oleo-chemical business is not very developed and there is still a lot of unplanted acreage
2. Plan buy 300kha land in Sarawak
3. Own 220kha land in Liberia
4. Electrical and Utilities,E&U contributed 1% profit
5. Cost overruns: Bakun hydroelectric 2,400MW, Qatar oil and gas building
6. Azhar’s first step:creating value to help return the value lost
7. 5 core business:plantations, property, industrial,motors,E&U
8. Element of fraud in massive overruns is unknown
9. Capital tied 3.6bil, 15% return expectation, E&U should generate RM500min per year
Source The Star: 22 May 2010
