Cempaka Business and Economy: Indofood Agri Rises After Bidding for London Sumatra

"A Summary" – Apr 2, 2011 (Kryon channelled by Lee Carroll) (Subjects: Religion, Shift of Human Consciousness, 2012, Intelligent/Benevolent Design, EU, South America, 5 Currencies, Water Cycle (Heat up, Mini Ice Ace, Oceans, Fish, Earthquakes ..), Middle East, Internet, Israel, Dictators, Palestine, US, Japan (Quake/Tsunami Disasters , People, Society ...), Nuclear Power Revealed, Hydro Power, Geothermal Power, Moon, Financial Institutes (Recession, Realign integrity values ..) , China, North Korea, Global Unity,..... etc.) - (Text version)

"The Timing of the Great Shift" – Mar 21, 2009 (Kryon channelled by Lee Carroll) - (Text version)

“ … Here is another one. A change in what Human nature will allow for government. "Careful, Kryon, don't talk about politics. You'll get in trouble." I won't get in trouble. I'm going to tell you to watch for leadership that cares about you. "You mean politics is going to change?" It already has. It's beginning. Watch for it. You're going to see a total phase-out of old energy dictatorships eventually. The potential is that you're going to see that before 2013.
They're going to fall over, you know, because the energy of the population will not sustain an old energy leader ..."

"Update on Current Events" – Jul 23, 2011 (Kryon channelled by Lee Carroll) - (Subjects: The Humanization of God, Gaia, Shift of Human Consciousness, 2012, Benevolent Design, Financial Institutes (Recession, System to Change ...), Water Cycle (Heat up, Mini Ice Ace, Oceans, Fish, Earthquakes ..), Nuclear Power Revealed, Geothermal Power, Hydro Power, Drinking Water from Seawater, No need for Oil as Much, Middle East in Peace, Persia/Iran Uprising, Muhammad, Israel, DNA, Two Dictators to fall soon, Africa, China, (Old) Souls, Species to go, Whales to Humans, Global Unity,..... etc.)

"The Recalibration of Awareness – Apr 20/21, 2012 (Kryon channeled by Lee Carroll) (Subjects: Old Energy, Recalibration Lectures, God / Creator, Religions/Spiritual systems (Catholic Church, Priests/Nun’s, Worship, John Paul Pope, Women in the Church otherwise church will go, Current Pope won’t do it), Middle East, Jews, Governments will change (Internet, Media, Democracies, Dictators, North Korea, Nations voted at once), Integrity (Businesses, Tobacco Companies, Bankers/ Financial Institutes, Pharmaceutical company to collapse), Illuminati (Started in Greece, with Shipping, Financial markets, Stock markets, Pharmaceutical money (fund to build Africa, to develop)), Shift of Human Consciousness, (Old) Souls, Women, Masters to/already come back, Global Unity.... etc.) - (Text version)

“… The Shift in Human Nature

You're starting to see integrity change. Awareness recalibrates integrity, and the Human Being who would sit there and take advantage of another Human Being in an old energy would never do it in a new energy. The reason? It will become intuitive, so this is a shift in Human Nature as well, for in the past you have assumed that people take advantage of people first and integrity comes later. That's just ordinary Human nature.

In the past, Human nature expressed within governments worked like this: If you were stronger than the other one, you simply conquered them. If you were strong, it was an invitation to conquer. If you were weak, it was an invitation to be conquered. No one even thought about it. It was the way of things. The bigger you could have your armies, the better they would do when you sent them out to conquer. That's not how you think today. Did you notice?

Any country that thinks this way today will not survive, for humanity has discovered that the world goes far better by putting things together instead of tearing them apart. The new energy puts the weak and strong together in ways that make sense and that have integrity. Take a look at what happened to some of the businesses in this great land (USA). Up to 30 years ago, when you started realizing some of them didn't have integrity, you eliminated them. What happened to the tobacco companies when you realized they were knowingly addicting your children? Today, they still sell their products to less-aware countries, but that will also change.

What did you do a few years ago when you realized that your bankers were actually selling you homes that they knew you couldn't pay for later? They were walking away, smiling greedily, not thinking about the heartbreak that was to follow when a life's dream would be lost. Dear American, you are in a recession. However, this is like when you prune a tree and cut back the branches. When the tree grows back, you've got control and the branches will grow bigger and stronger than they were before, without the greed factor. Then, if you don't like the way it grows back, you'll prune it again! I tell you this because awareness is now in control of big money. It's right before your eyes, what you're doing. But fear often rules. …”

Friday, June 01, 2007

Indofood Agri Rises After Bidding for London Sumatra

By Claire Leow and Arijit Ghosh

May 28 (Bloomberg) -- Stock in Indofood Agri Resources Ltd., the palm oil unit of the world's top instant noodle maker, rose after the company agreed to buy rival PT Perusahaan Perkebunan London Sumatra Indonesia for 9.1 trillion rupiah ($1 billion).

Shares in Singapore-listed Indofood Agri gained as much as 4.7 percent, to $1.33, and traded at S$1.30 at 12:26 p.m. local time. The addition of London Sumatra's plantations would boost the company's oil palm area by more than two-thirds.

The deal will ensure Indofood Agri's parent, PT Indofood Sukses Makmur, has greater palm oil supplies after the price rose 75 percent in the past year to a record. Demand for the oil, also used as an alternative fuel, is rising, prompting takeovers in Southeast Asia, including from Malaysia's Synergy Drive Sdn.

``Strategically, the acquisition makes sense,'' analyst Stevanus Juanda of PT J.P. Morgan Securities Indonesia said in a report today. ``The margins of the noodle business are currently lower than the edible-oil business.''

Palm oil futures on the Malaysia Derivatives Exchange, the benchmark contract, rose as much as 22 ringgit, or 0.9 percent, to an all-time high of 2,520 ringgit ($744) a ton today, and traded at 2,515 ringgit at 12:30 p.m. China's palm oil imports in the first four months of this year surged 27 percent.

Shares in Indofood Sukses Makmur, which owns 74 percent of Indofood Agri, rose as much as 8.3 percent to 1,830 rupiah on the Jakarta stock exchange, and were at 1,800 rupiah at 11:57 a.m. local time.

`Share Value'

``If palm oil prices were to maintain their current level, we estimate share value could reach 7,370 rupiah,'' Andreas Bokkenheuser, an analyst at PT UBS Securities Indonesia in Jakarta, said in a note. That's 7 percent higher than the offer.

Indofood Agri said May 26 it will buy 64.4 percent of London Sumatra from First Durango Singapore Pte. and other shareholders at 6,500 rupiah a share. It will also offer 6,900 rupiah for the other stock, a 7.8 percent premium to the last traded price of 6,400 rupiah. Stock in London Sumatra, also listed in Jakarta, remained suspended today.

``Lonsum's plantations are of high quality,'' J.P. Morgan's Juanda said, using the company's shortened name. ``Lonsum's seedlings operation is one of the best in the business,'' he said, referring to the company's research into developing high- yielding seeds.

Still, Indofood Sukses would acquire Lonsum's debt and would raise its gearing, a measure of debt compared to equity, which is the ``downside'' to the takeover, Juanda added.

Estate Acreage

The addition of London Sumatra's oil palm plantations would increase Indofood Agri's oil palm area by more than two-thirds to 138,081 hectares (341,198 acres). London Sumatra is Indonesia's second-largest publicly traded agriculture company, behind PT Astra Agro Lestari. Should Indofood Agri's offer succeed, the combined entity would remain second.

Synergy Drive, formed to buy three Malaysian oil palm growers including Sime Darby Bhd. will become the largest oil palm company in the world, capturing about 8 percent of global supply, the new entity said May 18. Synergy plans to list shares in Kuala Lumpur in October.

Wilmar International Ltd., Indonesia's biggest palm oil refiner, in December offered to buy stakes held by PPB Group Bhd., a Malaysian oil palm planter and sugar producer, in its edible oil and grain assets for $4.3 billion. PPB Group approved the sale in January. Wilmar, listed in Singapore, has said it expects to complete the transaction by the second quarter of this year.

Stock Sale

Indonesian billionaire Putera Sampoerna, who made his fortune selling tobacco, in January bought an oil palm company for an undisclosed sum. On May 22, the company, renamed PT Sampoerna Agro, announced plans to raise as much as 1.1 trillion rupiah in a June initial public offering to pay for doubling cultivated areas to about 150,000 hectares in five years.

About 90 percent of palm oil is produced in Indonesia and Malaysia. Palm oil refiners are trying to secure supplies as an expanding world economy supports demand for cooking oil.

There will be an estimated deficit of between 8 million and 10 million metric tons in the world's major 17 oils and fats in the year ending September 2008, from an estimated 1 million tons this year, Thomas Mielke, chief editor of OilWorld, a trade publication, said on March 14.

To contact the reporters on this story: Arijit Ghosh in Jakarta at aghosh@bloomberg.net ; Claire Leow in Jakarta at cleow@bloomberg.net

Cempaka Business and Economy

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Friday, June 01, 2007

Indofood Agri Rises After Bidding for London Sumatra

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