Samko Timberâs results are within my expectations.
3Q sales didnt grow much prob because of entire Ramadan month of fasting.
Gross profit and net profit were flat also.
The 9M net profit is already Rp61billion (S$8.3 million), surpassing entire year FY2011 net profit
Doesn't look like there will be dividends this year either , if you look at the jump in cash used in investing activities as they step up aggressively on tree planting activities and fixed asset acquisition.