Sarawak forest will be rape hard

…Kuala Lumpur (The Star/ANN) - Timber companies will benefit from the surge in demand from Japan as post-construction activities in the country take place following the devastating earthquake and tsunami that occurred there.

However, the quantum of demand from the surge for timber products is hard to quantify at the moment.

Malaysia is already the largest exporter of timber to Japan and imported timber products like plywood easily make up more than half of timber consumption in the country, according to analysts.

In a timber sector update yesterday (March 14), RHB Research said Malaysian companies were likely to benefit; specifically WTK Holdings Bhd and Ta Ann Holdings Bhd given their focus on the Japan market which constituted 80 per cent to 90 per cent of their timber product sales.

“The disaster in Japan has pushed the timber sector into the spotlight and put it on the radar of investors,” RHB said.

This could lead to a potential re-rating of the sector, the research house which has an overweight stance on the sector said yesterday.

Although it is still too preliminary to assess the impact of Japan’s earthquake and tsunami on the timber sector, as an estimate, RHB said that for every US$10 per cu m increase in its timber product selling price assumptions, the earnings forecast for companies under its coverage would increase by 5 per cent to 12 per cent.

Meanwhile, AmResearch, in its update on the sector, said after contacting local timber players, they indicated that they did not expect a sudden and significant jump in timber exports towards the reconstruction process.

One timber player ruled out a “30 per cent- 40 per cent jump in exports” to Japan, AmResearch wrote, but said the company expected a probable steady rise in demand from Japan to help in the reconstruction process.

The research house, quoting reports, said Japan imported nearly 1.15 million cu m of panel products worth RM1.7bil, representing almost half of Sarawak’s total exports of 2.5 million cu m for the 11 months until November last year.

In its report on the impact of Japan’s earthquake, Credit Suisse said yesterday investors might benefit from selecting sectors such as construction materials where reconstruction demand can be expected over the near term.

In its note to clients on the impact of Japan’s calamities, OSK Research said the timber and steel sectors could be winners.

Timber in particular could see heightened demand given that many Japanese houses are constructed with the use of significant hardwood timber and Malaysia is still the world’s largest exporter of hardwood timber, according to OSK.

Analysts said risks to the demand would be price discounting from neighbouring countries with lower costs of production which would then result in lower exports from Malaysia.

http://sg.news.yahoo.com/surge-timber-d … 3-672.html

Well get ready everyone. Here comes tsunami for Sarawak forest… :frowning: :cry:

defend our NCR…

Agree with you 100% but there are still people who are willing to be used by the power-to-be to hoodwink people who have no access to or knowledge of current issues pertaining to the pathetic state we are in now.

Our children’s children’s children will most probably not see or feel any more jungle but plantations. They will have no idea what a jungle will look like except from internet or books.

Agree with you 100% but there are still people who are willing to be used by the power-to-be to hoodwink people who have no access to or knowledge of current issues pertaining to the pathetic state we are in now.

Our children’s children’s children will most probably not see or feel any more jungle but plantations. They will have no idea what a jungle will look like except from internet or books.[/quote]

now I can see some changes in the rural folks mind set. they know already what does it takes when it came to NCR land. howerver, our " White Rajah" will do whatever it takes to take every thing from the peoples. i hope can see “white Rajah” and his cronies falls down in the next election… :x

Heard that the demand for Sarawak logs have already been picking-up and lots of contractors are back to timber extractions and started buying heavy machineries to “rape” our forest now.

Glad to hear the rural folks are aware of what’s going on with their NCR land but will this translate into votes? A visit from the power-to-be and some goodies might just reset the mind set to square one. Only time will tell…

yes, majority of the voters are from rural areas…now can see the rural people knows what have the current government did to them when it comes to NCR land. NCR land is very BIG issue, so if BN want to stay, they need to approve the NCR land, if not…you know what the peoples will do… :twisted:

how exciting! more cause to cut down more trees! like u guys said, time to rape the land… seems like a full-on, major gangbang!

well they rape the jungle and they better be ready to be rape from there backside.