Monday, November 26, 2007

FROM THE COMFORT OF AIRCOND OFFICE TO PART-TIME PALM OIL FARMER – WHY?

• This is an agricultural revolution spreading like wild fires in East Malaysia
• Turning idle land into valuable economic assets – earning additional money for you
• The venture is proven money spinning and why not join the bandwagon!
• Our children can eventually become estate managers in our own land and not merely earning degrees to become “some else employees” - unhappy/ underpaid in their jobs!
• Today fresh graduate engineers / doctors draw a monthly salary of between RM2000 – 3000 whilst an illiterate rural palm oil smallholders happily make RM7000 per month – and I ask myself why not join them?
• You may lure the BIG plantation companies into your area but NEVER surrender good accessibility NCR to them; instead allocate the distant / remote land in the interior to these companies and allow them access through your land.
• Why work on the basis of 60:30:10 profit sharing with the plantation companies if you have some money to start 100% your own farm venture?
• Renting out your land for RM0.50 per palm tree per month is chicken feed and not a solution either! You get RM300 per 10 acres per month in rent but the other party is making betw RM6000 – 12000 per month (ie you get betw 3 – 5% of the gross income while the other party is enjoying 95 – 97 % ); or if the rent is RM1 per tree per month you get a miserable 5 – 10 % and the other party gets 90 - 95%.
• If the palm oil industry crashed the capitalist will ran away from sight let alone pay you but if the price hit the ceiling or skyhigh – you’ll get to spend your time cursing the deal!
• In Selangau the lands were surrendered to plantation companies close to 10 years ago and yet NOT a single cent in bonus and dividend to landowners in sight! While several farmers in the area who have got guts and foresight are laughing their way to the bank with a gross monthly income of between RM2400 – 7000.
• Today ffb fetches RM500+ per tonne while your harvesting plus transporting ffb to mill cost RM70 per tonne – which means just simply shaking your legs you can still earn RM(500 – 70) = 430 gross income per tonne per month. Imagine if you have 20 tonnes per month – this will translate to additional RM8600 income per month.
• Alternatively if you have 1000 matured trees this have potential to bring in between RM10,000 – 20,000 gross income per month(ie at RM10-20 per tree per month).
• This - my friend are not stuffs made from wild dreams but proven financial returns from established smallholders present day record of achievement!
• Now place your bet before I throw out the dice..... thinking aloud: if you will forgive me afterall I am no expert and in fact trying my luck too!

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