Anglo-eastern Plants traded at 1,500.00 this Monday February 2nd, increasing 30.00 or 2.04 percent since the previous trading session. Looking back, over the last four weeks, Anglo-eastern Plants gained 7.91 percent. Over the last 12 months, its price rose by 121.89 percent. Looking ahead, we forecast Anglo-eastern Plants to be priced at 1,440.75 by the end of this quarter and at 1,356.43 in one year, according to Trading Economics global macro models projections and analysts expectations.
Anglo-Eastern Plantations Plc is a United Kingdom-based producer of palm oil and rubber with plantations across Indonesia and Malaysia. The Company has developed over 60,500 hectares of mature oil palm at approximately 16 plantations across Indonesia, together with one plantation in Malaysia. The Company operates approximately six palm oil mills in Indonesia processing up to a combined 310 metric ton (mt) of fresh fruit bunches (FFB) per hour. It has purchased approximately 913,200 mt of FFB from third party producers, comprising small plantations and local farmers, for processing through its mills. Its rubber plantations produced approximately 465 mt of raw latex and rubber lumps. Its four mills are equipped with biogas plants to capture the methane gas emission to generate electricity. It operates a planted area of approximately 73,600 hectares, which includes North Sumatera, Bengkulu, Riau, Bangka, South Sumatera, Kalimantan, Plasma Scheme and Malaysia.