Eversince the Dayaks being introduced to the mystic fruit called palm oil and its plantation schemes, there are just way too much scams and lopsided truth involved. It’s almost as if the palm oil plantation schems statewide are entirely highly-organised crime with meticulously-laid plan and tactics to some extent that Dayak NCR lands were legitimately robbed with immediate effect and no chance for withdrawal once signed, regardless of the profit or loss would be made during the course of plantation agreement period. Dayak ministers proud themselves carrying the bollocks of RM millions of total palm oil dividend payments to Dayak participants while the truth of how much each of the Dayaks were getting was never revealed in full glory. Then the issue of non-disclosure by state palm oil agency such as Salcra will always creeping its way to the alert few of truth-seeking Dayaks with regard of Salcra’s actual profits made (where it’s all gone?), who are their shareholders(and cronies goons?), suppliers(overpriced tender?), the question of conflict of interest involved and down to the issue of loss-making plantation schemes and implications to the Dayak NCR landowners thereafter.

Any scam will always bear the same foul smell and you can always expect the Dayak ministers in denial mode, using delay tactics to hide the truth but for how long? The CPO price plummeted so much, so how low for some plantation schemes to offer the dividends? Any lower than revealed in Dayak Baru as RM59.00 in 10 years or RM1 per acre NCR lands? Looking at the whole palm oil boondoggles going on now, it is the right acronym for Salcra as “Such A Low, Crappy Returns Annually” as my response that appeared in Dayak Baru and I’m not alone as many other Dayak commentors revealed how dopey palm oil agreements were being devised in totally one-sided manner: lack of legal assistance, agreement made in English while some Dayak participants barely speak proper English which made us wonder do they duly informed what are they signed upon to, what are the profit-sharing ratio (lucrative enough at least with ASB investments?) and in the event of loss-making like now any option to rear donkeys as alternative livestock schemes. Here’s my posted arguements:

SALCRA – Such A Low, Crappy Returns Annually!
Morning, morning my fellow Dayaks. You read it right there: SALCRA-Such A Low, Crappy Returns Annually! Rightly noted by Dr.John, the return on this fantasy plantation scheme is close to nothing per acre NCR lands by Dayak landowners. Many other sites calculated a low returns as well despite the almost-artifically high price of CPO. Where the rest of the profits gone? Now with current CPO price plummeted down to sub RM1K-RM2 per tonne, how low the returns per acre could be? Unsolved mystery yet again.

Any form of investments, be it financial, properties, plantations, even in your education or collectibles such as fine arts, antiques, be it speculative or long term in nature all require risk and return feasibility aspects. You take account into the effect of inflation, how erosive or appreciative it is to your future returns. The difference of an investment and plain gambling is that investment based on calculated risk while gambling is pure waste against odds.

For most people, particularly us Bumiputera Dayaks, the traditional investment still is largely on saving accounts for interest and investing in unit trusts. That is way much better than RM1/acre NCR lands received on plantation schemes. Even if you did sell your land and keep the money in the bank or you rent out your land to some businessmen, your passive income is not bad at all.

The state govt, thru Salcra, owe us Dayaks some serious and big explanation on what the hell are all these plantation schemes is all about. If govt wish to eradicate poverty among Dayaks, fine but many things still kept in the dark:

– How comprehensive the details being offered and explained to Dayak landowners prior to the plantation commencement?
– On behalf of the Dayak landowners, who represent them on legality and techinicality issues: the Penghulu? A law firm?
– To safeguard both Salcra and Dayak landowners interest, is it supposed to be one-sided affair where Salcra seems to be on the upperhand while Dayak landowners being not duly informed to engage on group basis to engage one law firm to represent them?
– Why so secretive on profit sharings calculation per acre, so at least the Dayak landowners can evaluate to engage Salcra or other private developers?
– On what percentage of returns deemed considerable enough to eradicate poverty?
– Any legal avenue where Dayak landowners wish to know how much the plantation schemes overall profits?
– Of all plantation schemes in Sarawak, how Salcra fare to other govt-backed agencies or private plantations in terms of returns per acrea to relate their efficiency and management effetiveness?
– In all fairness, who are Salcra suppliers on major plantation inputs such as fertilisers, machineries, transportation, CPO containers, their related stakeholders? Any conflict of interest involving direct authorities?
– How informative is Salcra annual reports, not only profit and loss reporting but also their future planning, if there any excess cash how they gonna reinvest it to maximise further Dayak landowners profit?
– Salcra, with predominantly-Dayak staffs can only give highest priority to Dayak landowners and not the opposite which is a truth now, why?

All of these are just some of the variables for Dayaks to consider before participating in any plantation schemes. As the landowners, the Dayaks have the right to demand what is the best investment on their land and looking at the acreage rate, it’s no better than left it idle. It is as good for Dayaks for just voting opposition given that govt barely means nothing other than cheating for them. A case of the lesser of two evils.

Remember, palm oil is donkey’s favourite kuih jala.

The Dyaks Blog Final Donkeys:

Now the CPO at lowly break-even price hovering sub RM1,500 per tonne price. Overstocking of crude palm oil now a major headache for palm oil cartels now with smallholders facing their toughest time yet (such as Dayak participants) as buyers holding their purchase and bear in mind CPO lifeshell only for 6 months before refining process. Palm oil at the end, as I said, highly seasoned and practically useless when in abundance. Just like durian. At least for Dayaks we can preserve durian flesh for cooking delicacy such chicken ‘pansoh’ but for fresh fruit bunch of palm oil? Only donkeys can eat such stuff for free as donkeys, obedient as they used to be, like beggars on the street cannot be choosy. If rabbit meat once deemed to be evil to be made as burgers but now a prized exotic as Russian caviars, why not donkey meat? No such thing as large-scale donkey farming as you might say but at least better than pathetic RM1 per acre return on your NCR land for palm oil.