1. Limited geographical presence - Mich Resources Ltd operates primarily in Malaysia, which limits its exposure to other markets and potential growth opportunities.
2. Small market capitalization - The company has a relatively small market capitalization compared to its peers, which may limit its ability to attract investors and raise capital.
3. Limited product portfolio - Mich Resources Ltd focuses primarily on the production and sale of crude palm oil, which may limit its ability to diversify its revenue streams and mitigate risks associated with commodity price fluctuations.
4. Dependence on external factors - The company's performance is heavily influenced by external factors such as weather conditions, government policies, and global commodity prices, which may impact its profitability and growth prospects.
5. Environmental and social risks - As a palm oil producer, Mich Resources Ltd faces environmental and social risks associated with deforestation, land use conflicts, and labor practices, which may negatively impact its reputation and access to markets.
6. Limited technological capabilities - The company may face challenges in adopting new technologies and innovations to improve its operations and competitiveness compared to its peers.
7. Limited financial resources - Mich Resources Ltd may face challenges in accessing financing and capital to fund its growth and expansion plans, which may limit its ability to compete with larger and more established players in the industry.
