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Web-only Exclusives
November 30, 2000

From Our Correspondent: Hirohito and the War
A conversation with biographer Herbert Bix

From Our Correspondent: A Rough Road Ahead
Bad news for the Philippines - and some others

From Our Correspondent: Making Enemies
Indonesia needs friends. So why is it picking fights?

Asiaweek Time Asia Now Asiaweek story

Company Monitor

Golden Hope Plantations

CEO: Abdul Rahman bin Ramli, chief executive

Major stockholder: PNB (57.3%)

Recommended: Malaysian plantation company that boasts 65% of its earnings from the industry. 71% of its 122,885-ha planted area is devoted to palm trees. The other one-third is for rubber and cocoa. Firm dollar prices for crude palm oil (CPO) mean higher earnings in ringgit following a 20% depreciation of the Malaysian currency against the greenback. The break-even cost for CPO production is ringgit 600-700 per ton while the current CPO price is about ringgit 1,500. If El Nio disrupts normal weather patterns, palm oil prices could rise. The company, with a $125m. cashpile, should benefit from current high interest rates. The stock has 10%-15% upside potential.

1997 98F 99F
P/E 19.8 15.5 13.9
YIELD 4.2% 4.6% 4.6%

Sources: Paribas Asia Equity; Datastream

This edition's table of contents | Asiaweek home



U.S. secretary of state says China should be 'tolerant'

Philippine government denies Estrada's claim to presidency

Faith, madness, magic mix at sacred Hindu festival

Land mine explosion kills 11 Sri Lankan soldiers

Japan claims StarLink found in U.S. corn sample

Thai party announces first coalition partner


COVER: President Joseph Estrada gives in to the chanting crowds on the streets of Manila and agrees to make room for his Vice President

THAILAND: Twin teenage warriors turn themselves in to Bangkok officials

CHINA: Despite official vilification, hip Chinese dig Lamaist culture

PHOTO ESSAY: Estrada Calls Snap Election

WEB-ONLY INTERVIEW: Jimmy Lai on feeling lucky -- and why he's committed to the island state


COVER: The DoCoMo generation - Japan's leading mobile phone company goes global

Bandwidth Boom: Racing to wire - how underseas cable systems may yet fall short

TAIWAN: Party intrigues add to Chen Shui-bian's woes

JAPAN: Japan's ruling party crushes a rebel at a cost

SINGAPORE: Singaporeans need to have more babies. But success breeds selfishness

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