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Actually do not have a problem with old chap that turns up with his truck to buy our cup rubber.Discounts are consistent and everybody has to make a living.
SILs advise that many buyers discount 15-20% regardless of weather..frickin robbery methinks.!
FYI, Subsistence Farming is by Royal Proclamation.
To one degree or another - mandated under Chulalongkorn at the height of his reign.Quote:
Originally Posted by ltnt
A limitation exist towards the said royal gifts, as commoners have been decreed to own said land outright in numerous instances. The so called Royal Proclamation as such applies to these things is not as broad as it once was - even 50 years ago, less 150.
It might not be surprising to some how much property holdings, projects, and infrastructure is solely owned by the royal purse/CPB - less the incredible and diverse investments they have worldwide.
^All this about to go under the knife of the Article 44 group...land grabs abound will be the next shinning example of Thainess...
No surprises there thaimeme, its all published openly on many forums across the world...Royal Property Bureau, is a good start if you want enlightenment...Quote:
Originally Posted by thaimeme
On the contrary....Quote:
Originally Posted by ltnt
You must not be aware of who the Junta works for and therefore the reasoning behind their existence.
^I'm very aware thaimeme, oh contrare mon ami...:) Same size shoes.
Just sold some rubber today, about 20,000 Bahts worth, no discounting for water content, flat rate per kilo 23 Baht.Quote:
Originally Posted by crepitas
It has become local practice around here now, for farm gate buyers to set flat rates, so for the seller the wetter the better.
A bit of manipulation by the buyers, they get together and set a flat rate each day as to the main buyers set daily price.
The main buyer in their case is a crepe rubber middleman, he wants clean wet rubber, gate buyers really can't lose if they buy and sell same day.
Other buyers want dry rubber [tire rubber] higher price, but buy on dry rubber content, so discount for water content.
Problem for me and most sellers is simple, low prices mean we need the cash now, can't wait to let it dry and get a better price in a few weeks time.
Good news is the price is going up, wet cup was 15 Baht a kilo at the end of last season, today 23 Baht a kilo and climbing.
At some point, hopefully, we will not have to sell rubber every week or so just to cover living expenses and can start to hold on to the rubber and value adding by drying or processing it.
How many days cutting for around 800kilo? Sounds not too shabby to get about 10k baht in hand?.....sustainable at least?Quote:
Originally Posted by jamescollisterJust sold some rubber today, about 20,000 Bahts worth, no discounting for water content, flat rate per kilo 23 Baht.Quote:
Originally Posted by crepitas
It has become local practice around here now, for farm gate buyers to set flat rates, so for the seller the wetter the better.
A bit of manipulation by the buyers, they get together and set a flat rate each day as to the main buyers set daily price.
The main buyer in their case is a crepe rubber middleman, he wants clean wet rubber, gate buyers really can't lose if they buy and sell same day.
Other buyers want dry rubber [tire rubber] higher price, but buy on dry rubber content, so discount for water content.
Problem for me and most sellers is simple, low prices mean we need the cash now, can't wait to let it dry and get a better price in a few weeks time.
Good news is the price is going up, wet cup was 15 Baht a kilo at the end of last season, today 23 Baht a kilo and climbing.
At some point, hopefully, we will not have to sell rubber every week or so just to cover living expenses and can start to hold on to the rubber and value adding by drying or processing it.
We would be at about the same level after 4day cut if it was not for discount.
crepitas Not sure how many taps, been raining, but that's one of the 4 plantations, biggest one though.
Gate wet cup price up to 26 Baht a kilo Friday, that's an 11 Baht increase from the low of 15 Baht at the end of last season.
Strange thing is RSS has only gone up 7 Baht at the main auctions, may have something to do with the pull out of the Singapore futures setting prices.
I suppose in your business any bit of good news suggesting an increase in demand is welcome.
The UK is having its best year for new car sales since the recession. The downside is that China seems to be going the other way and the EU is still in the doldrums for the foreseeable.
The increase in the U.S. interest rate, still mooted for September, is not good for countries experiencing outflows as a consequence viz Brazil, Turkey, Indonesia and to a lesser extent Malaysia and here in Thailand.
Are you still considering selling the farm?
^ Jim will ask his wife and then get back to you :)
Never really considered selling the farm, factory different story, will probably sell it one day.Quote:
Originally Posted by Seekingasylum
Never going to have the cash to get it up and running, at real out puts and not that interested in making millions, if I have to put the hours in, now.
Licenses are all good for 4 more years, sooner or later a bigger player will want to buy them, 10 rai industrial land with EPA and factories permits, got to be worth a bit.
Plantations are for the kids futures, good prices and they will pay them an income while going to Uni and keep me in beer.
As to world economics, who's growing who's not etc, given up on the forecasts by alleged experts from places like Bloomberg's and their like, governments fiddle numbers, all just for show.
GFC 2 could hit tomorrow, world will not end, while people drive cars there will be a demand for rubber, price will go up and down, as per the markets.
Of course I'd ask my wife, we are partners in life, all life changing decisions would be made jointly.Quote:
Originally Posted by piwanoi
What I am saying quite plainly Jim is that if you was desperate to sell and your wife was equally as adamant it was not being sold , just who would have the last word , you or your wife?:) sure you are partners ,partners so long as there is not a major decision to make in which your wife as a say in it:)Quote:
Originally Posted by jamescollisterOf course I'd ask my wife, we are partners in life, all life changing decisions would be made jointly.Quote:
Originally Posted by piwanoi
Strange enough, end of last year, start of this year, things looking bleak on the money front, 15 Baht a kilo for rubber.Quote:
Originally Posted by piwanoiWhat I am saying quite plainly Jim is that if you was desperate to sell and your wife was equally as adamant it was not being sold , just who would have the last word , you or your wife?:) sure you are partners ,partners so long as there is not a major decision to make in which your wife as a say in it:)Quote:
Originally Posted by jamescollisterOf course I'd ask my wife, we are partners in life, all life changing decisions would be made jointly.Quote:
Originally Posted by piwanoi
She was for selling up some of the rubber and returning to live in Australia, kids come first.
I was the one who said lets sit it out, rubber 28 Baht today, looks like I was right.
Good for you Jim:) , lets hope it continues for you ,cos if any one deserves any luck its the long suffering Thai farmers .Quote:
Originally Posted by jamescollisterStrange enough, end of last year, start of this year, things looking bleak on the money front, 15 Baht a kilo for rubber.Quote:
Originally Posted by piwanoiWhat I am saying quite plainly Jim is that if you was desperate to sell and your wife was equally as adamant it was not being sold , just who would have the last word , you or your wife?:) sure you are partners ,partners so long as there is not a major decision to make in which your wife as a say in it:)Quote:
Originally Posted by jamescollisterOf course I'd ask my wife, we are partners in life, all life changing decisions would be made jointly.Quote:
Originally Posted by piwanoi
She was for selling up some of the rubber and returning to live in Australia, kids come first.
I was the one who said lets sit it out, rubber 28 Baht today, looks like I was right.
Been away on hols for a month with the missus and kids. First two season's sales whilst we were away, 26.40 and 31.01 baht per kg. Business running smoothly ie grass strimming, decent sales and monies banked etc whilst we were not there which is nice, especially as we are both normally hands on types.
Things looking up Mike and to top off my week got this from LinkedIn.
Jennifer Li
Dear James,
My firm connects global investors & management consultancy groups with industry experts for consultation. Currently, we are looking for experts who are familiar with the rubber industry in Thailand. Can we have a call to discuss?
Rgds,
Jennifer
Nice one Jim , fingers crossed eh :)Quote:
Originally Posted by jamescollister
piwanoi I'd do it for free as long as they pay for the booze, food and accommodation, get me out of the village for awhile.
Interesting, company seems legit, now awaiting a phone call from HK, never know your luck.
Yeah I can understand it must be trying at times stuck in the outback , here in my area there must be at least 40 or so farangs most of them are really amicable and I go out 7 nights a week to sort all the Worlds many problems out :)Quote:
Originally Posted by jamescollister
They are a pest - usually from India or HK . . . You will be asked about certain specifics in an industry and if you can chat with someone over the phone or internet regarding this subject.Quote:
Originally Posted by jamescollister
They will pay you a minimal fee . . . go for it if you like but don't expect anything bigger
...linked in or spam city...your choice, but once in you'll never escape...btw all your contacts will or have already been downloaded and they are receiving spam mail from linkedin as we type...thanks Jim....don't forget I told you so...:rolleyes:
If it's a scam not going to cost me anything, don't think there will be much phone consultations, they e mailed me saying they have tried phoning, no signal, rainy season.
Worst comes to worst, a few minutes spend on line, have plenty of time, will see what' the offer is.
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^Simply, be careful mate with these people...they hang on like vampires once you're connected...trash mail all...
Remembering what our lives were like before the advent of the electronic gadgetry and obsessive information age...Quote:
Originally Posted by ltnt
Run a google search on them, seems on the up and up, no bad press that I can find.Quote:
Originally Posted by ltnt
Have a spam button if it comes to that, but makes little difference really, none of my money going their way.
They can't get through on the phone, so won't know good or bad till then.
Pray tell, Just what were they like? , are you yourself not taking part in modern technology by writing posts in this forum ?or would you like to got back to writing letters back home which took a week to arrive? , when I can talk to my three kids back in blighty for fuck all through skype as if they are sat right next to me .:)Quote:
Originally Posted by thaimemeRemembering what our lives were like before the advent of the electronic gadgetry and obsessive information age...Quote:
Originally Posted by ltnt
Yes good old Linkdin..got requests from them a couple of times..ignored. Get emails almost daily...add this or that guy to your network?
My question would be: what information could you supply which is not already in the public domain?
Actually there are numerous "law suits," against Linkedin ongoing in America...they are not what they appear to be...:)
Hmm, the plot thicken's eh :)Quote:
Originally Posted by ltnt
Think it's more about ruining the rubber company/factory, then rubber trees.Quote:
Originally Posted by crepitas
As for linkedin, that's were they go my details from, nothing more.
Think it's more about ruining the rubber company/factory, then rubber trees.
[/quote]
Typo? Or your area of expertise?
Typo? Or your area of expertise?[/QUOTE]Ruining would be the right word for the last 2 years.Quote:
Originally Posted by Davis Knowlton
[quote=jamescollister;3018617]Think it's more about ruining the rubber company/factory, then rubber trees.Quote:
Originally Posted by crepitas
As for linkedin, that's were they s
5555 gotta love these societies:
I am a lapsed Freemason,plus a few hi tech societies IEEE etc...never got any support just demands for dues.
Sold 300 kilos this morning and will sell 7 or 800 from another plantation this afternoon, 6 taps, 30 Baht a kilo.
Question is buy fertilizer or weekend in Ubon, think the kids will opt for central plaza and pizza and I'm kinda longing for a beer in the Wrongway.
33,000 baht for 800 + 300 x 30 = 33,000...I think you'd better keep the luxuries on hold...fertilizer is your generator of cash flow.:)
. . . and how much do you pay the tappers for the latex? Other plantation owners?
Just purchased 40 bags of 29-5-18 fertilizer for 36,800 baht, less than normal, but your trees have to eat, if they are working. "Work hard, not eat, people get sick, same same trees". The missus is rarely wrong. If you are tapping, then ya gotta fertilize. If you are having a year off, then you can leave it out if you cannot afford it.
We are still on a 60/40 split.