Highlights
KLSE: BERNAS (6866)       PADIBERAS NASIONAL BHD MAIN : Consumer
Last Price Today's Change   Day's Range   Trading Volume
0.00   0.00 (0.00%)  0.00 - 0.00  0
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Overview

Market Cap: 1,735 Million
NOSH: 470 Million
Avg Volume (4 weeks):0
Average Price Target: 3.30
Price Target Upside/Downside: +3.30

Financial Highlight

Latest Quarter | Ann. Date 31-Dec-2013 [#4]  |  27-Feb-2014
Next QR | Est. Ann. Date: 31-Mar-2014  |  30-May-2014
T4Q P/E | EY: 11.89  |  8.41%
T4Q DY | Payout %: 0.00%  |  - %
T4Q NAPS | P/NAPS: 2.65  |  1.39
T4Q NP Margin | ROE: 4.20%  |  11.71%

Headlines

Date Subject
06-May-2024 MQ Market Updates - 06 May2024
23-Jan-2024 KPKM to Investigate Rice Cartel Claims With MYCC's Help
13-Oct-2023 Govt Has Not Revoked Bernas' Concession Agreement — Ministry
04-Sep-2023 Daily Market Report - 4 Sept 2023
04-Sep-2023 Mplus Market Pulse - 4 Sept 2023

Business Background

Padiberas Nasional Berhad is engaged in procuring, collecting, processing, importing, exporting, purchasing, storing, packaging, distribution of rice, paddy and other grains, which include activities such as seed production, paddy farming, paddy procurement, paddy processing, rice processing and rice storage, distribution and marketing of rice research and development on paddy seeds, rice and related products and investment holding. The Company has two business segments: rice and non-rice. As of December 31, 2010, Tradewinds (M) Berhad (TWM) held 72.57% interest of the Company. On May 31, 2010, the Company acquired 75% interest in Bernas Logistic Sdn. Bhd. (BLSB). Pursuant to which BLSB became a wholly owned subsidiary of the Company. As of September 30, 2010, the Company held 60% interest in Liansin Trading Sdn. Bhd. (Liansin) and became a subsidiary of the Company. On December 8, 2010, the Company acquired two subsidiaries, Subur Majubumi Sdn. Bhd. and Berkat Beringin Sdn. Bhd.
Analyze this stock with MQ Trader system

  mfi8910 likes this.
 
mrEnded 2.70?
13/07/2012 2:55 AM
yusofar yes beras jasmin makin diminati..
13/07/2012 12:39 PM
Namoyaki Takarajima For Record: YTD Highest @2.97, YTD Highest @3.50 (on 13/7/2012). Low Vol. Watchlist.
14/07/2012 1:10 PM
KC Loh In my personal opinion, Malaysia is a beautiful country but ruined by a handful of greedy people. The Malays, Chinese, Indians, etc could live harmoniously and build this country if given a chance. At the rate this is going, we are no different from the apartheid regime previously in south Africa. So, that's politics!

Back to padiberas, its a monopoly. So any business that holds a monopoly and care for shareholders (thru dividends, rights issue, etc) then its a winner. That, is investment! Look out for opportunity to get in the price u want. For monopolies, research the YTD high & low and enter appropriately. Monopolies usually does not fluctuatate too much in price! Namo may have hit something in his last post :)
14/07/2012 1:31 PM
Xt Peter Lee not only rice,many business are force to give up,tuhan ada mata in pru 13 then they know and must make them pay back,tq
14/07/2012 1:48 PM
KC Loh Anwar Ibrahim is not rated very highly to me! He and his sidekick admin doesnt care who they trample to get their way. Either way, we are screwed unless we have another clean Malay leader/party that could come tthru the ranks and take the lead. Not so much into politics but from an investment point of view, stocks will climb if BN takes the GE13. Many investors in this ccountry held the view to "better work with the devil that we know than the angel we don't"!

Reiteration: I don't give a hoot who wins in the GE. May many years travelling tells me no government is perfect and one has to make all contingency for oneself. One could learn from the likes of Robert Kiosk although he states its for lower tax purposes. Bought my house in UK, Australia and Thailand already. Third choice may be a no-brainer I know. Unlike Kuok, mine is for stress purposes LOL
14/07/2012 2:00 PM
KC Loh Jeepers I sure hate this auto-correct features on my Android. Its azmin and Kuok in the above mentioned post. Sorry for typo
14/07/2012 2:04 PM
Noran Yaakub Scandal on the rice!
14/07/2012 9:20 PM
Namoyaki Takarajima PREVIOUS RECORD: 13/7/2012,FRIDAY,MAL:0905H. YTD *Lowest @2.97, YTD Highest @3.50 (on Friday, 13/7/2012). Low Vol. Watchlist. Intraday Lowest @3.43. Intraday Highest @3.50. Close @3.48.
TODAY RECORD: Intraday Highest @3.53, MAL,9:05H
16/07/2012 9:18 AM
azta12 today is the 3rd time trying to hit 3.52<expected to chart a new high today, thanks again to chrisyba.
16/07/2012 10:55 AM
passerby Solid business - selling essential product , rice is a staple for asian. Whether good time or bad time, we still need to eat rice. Unless rice can be replaced with potatoes, cassava or other grains, then it is time to reconsider this counter. Otherwise, business is highly defensive in nature.
16/07/2012 5:58 PM
azta12 looks like set to scale a new high today .
20/07/2012 10:04 AM
KC Loh bernas profit dropped 47.23%. how could a monopoly lose? hmmm....

i smell election dance!
17/08/2012 5:06 PM
Namoyaki Takarajima KC, you should smell rendang & ketupat & nasi himpit. BERAS & PULUT drop what for hari raya stocks. Must drop. Must Must drop you know what i mean...
17/08/2012 5:20 PM
KC Loh sorry, quite blur at the moment whilst waiting for Liihen's announcements!

but you are making me hungry! darn you!
17/08/2012 5:23 PM
passerby I notice this under the income statement:
Revenue - Changes in inventory of finishes goods and work in progress = RM (219,544,000.00). This is the significant figure that made the profit to slump.

However, under the Note 15 : It is mentioned the lower profit is due to higher cost of imported rice sold and operating cost.

Still cannot relate the above in the report....maybe need to drop investor relation an email or a call for clarification.
17/08/2012 9:44 PM
PaulinaYong SELL now at point of buying...
22/08/2012 6:09 PM
keanfee do u know when bernas dividend pay?
26/08/2012 11:39 PM
PaulinaYong Already pay..wait next year..JUNE OR JULY..
30/08/2012 4:24 PM
keanfee final not pay yet?
30/08/2012 10:04 PM
Alex King what happen?
21/12/2012 4:41 PM
lmf_hau Today Lastest Bursa Annourcement :-

The Company wishes to announce that it has on 28 February 2013 received a notice of the unconditional take-over offer from the Joint Offerors through Maybank IB to acquire all the remaining ordinary shares of RM1.00 each in Bernas (“Bernas Shares”) not already owned by the Joint Offerors and Tradewinds (M) Berhad,

being the person acting in concert with the Joint Offerors (“Offer Shares”) for a cash offer price of RM3.70 per Bernas Share (“Offer”).
28/02/2013 5:07 PM
keanfee so wait for them collect share from us or sell now at 3.7
01/03/2013 10:28 AM
passerby if you think you are happy with 3.7, what are you waiting for ?
01/03/2013 1:52 PM
nicole76 Should not support this company as they monopoly your daily "rice". After they have force so many rice companies to sell to them they have increase the price of rice....
22/05/2013 5:08 PM
~Patient Investor~ They monopoly daily rice mean that the share price will continue grow due to BERNAS ard King of ''rice'' in MSIA....so can create some earning of it...:)
28/05/2013 5:04 PM
taufiqzahari time to buy?
19/07/2013 3:32 PM
Ikan Emas I AM YOUR EKAN EMAS, FR2 Calculate tat ikan emas ratio yourself
21/08/2013 4:27 PM
Ikan Emas 老师不会教 FR2
21/08/2013 4:53 PM
HtwoO this nick is cool - "kam yu"

and the post also very cool....FR2 - abbreviation for ? lol, this hidden message for who kam yu ?
21/08/2013 6:36 PM
Ikan Emas FR2 = Financial Report II, my lecturer just ask the class to find all key ratios. But can any one here please teach me how to deal with it? Should refer to "GROUP" or "COMPANY", the lecturer said "你说呢?"

We don't know baru go to study we paid high tuition fee to the college........
到底用group 还是company??

那些profit margin 是不是只要 (sales-cost of good sales) / (sales) ?? 不过bernas的report 是用raw materials and consumables, 是不是COGS???
22/08/2013 12:17 AM
Ikan Emas 然后是不是ojibara全部ratio 都要有??? 他股价每天都上上下下,dividend yield 用的share price 要refer 哪一天??
22/08/2013 12:19 AM
usry Ikan emas:

Gross profit = Revenue - Cost of Good sold
Cost of Good Sold= Cost of good manufactured (Work in progress)- closing finish good inventory

From bernas Jun 2013 Report:

Revenue=879,898
COGS= Cost of good manufactured - closing finish good inventory
COGM = work in progress & change in inventory (16,477 )
- end of inventory (722,486)
= 879,898 + 16,477 - 722,486
=173,889 (Gross profit)
26/08/2013 3:54 PM
LATO' SELI Can anybody share; what will happen if this counter is taking "private" ??
13/11/2013 6:49 AM
Mohd Azhan still in progress
18/12/2013 1:38 AM
sudahkena How abt egm? Pass?
27/01/2014 1:10 PM
derrick1508 someone plz update?
27/01/2014 6:07 PM
Miz Raya Bloom tak lepas hehehe
27/01/2014 7:14 PM
TESSA Padiberas Nasional Bhd's (Bernas) proposed delisting was opposed by 155 shareholders at its EGM on Monday. Bernas said the 155 shareholders who voted against the special resolution represented 70.45% of shareholders of Bernas present in person or by proxy and had voted...thestar
27/01/2014 7:16 PM
sudahkena Second offer. But offer price still same. They should declare div....
05/02/2014 8:53 AM
alicecf long time not giving div d..
10/02/2014 12:22 PM
sudahkena We shld ask them...
11/02/2014 3:20 PM
sudahkena No div declare..... profit $$$
27/02/2014 10:17 PM
TESSA Syed Mokhtar to compulsorily acquire rest of Bernas shares
14/03/2014 11:49 AM
connot2323 Minister: Bernas deal good for gov’t
Anisah Shukry
| March 26, 2014

Shareholders Nafas and Nekmat will receive an annual payment of RM2 million for every year Bernas remains de-listed.

Syed Mokhtar al-Bukhary Ismail Sabri YaakobKUALA LUMPUR: Syed Mokhtar al-Bukhary’s acquisition of Padiberas Nasional Berhad (Bernas) is a “good deal” as the original shareholders will receive RM2 million from the tycoon for every year the national rice firm remains de-listed.

Agriculture and Agro-Based Industry Minister Ismail Sabri Yaakob revealed today he had received a written pledge from Syed Mokhtar that his four firms would make the annual payment to National Farmers Association (Nafas) and the National Fisherman’s Association (Nekmat).

This was on top of the RM67 million Syed Mokhtar paid the two associations for its shares in Bernas, through his companies Perspective Lane (M) Sdn Bhd, Kelana Ventures Sdn Bhd, Seaport Terminal Sdn Bhd, Acara Kreatif Sdn Bhd and Tradewinds Bhd.

“So we not only get RM67 million from selling the shares, but an additional RM2 million yearly. It’s a good deal for the government because the money can be used to invest in other ventures,” Ismail told a press conference at the Parliament lobby today.

He said the RM2 million was in lieu of the dividends Nekmat and Nafas would have received had they not sold their shares to Syed Mokhtar’s four firms.

The written pledge was legally binding, he said.

Ismail also clarified that while the four companies intended to re-list Bernas after five years, it was entirely up to the Security Commission (SC) to allow it to be listed again in Bursa Malaysia.

“They plan to re-list Bernas in the future, but they cannot guarantee as it is up to the SC. It is something out of their control,” he pointed out.

The four companies had on March 14 informed Bursa Malaysia that they had already obtained more than the 90% of Bernas’ shares, which is required to execute a compulsory acquisition.

They said they planned to de-list Bernas from Bursa and trading was suspended on March 21.

Opposition Leader Anwar Ibrahim had previously said the privatisation was done at the expense of fishermen and farmers, who used to control a 10% stake each in Bernas through Nafas and Nekmat.

But Ismail reiterated today that not only would Nafas and Nekmat be compensated handsomely for the buyout, but the interests of the paddy field workers would remain protected per the original agreement between Bernas and the government.

“Even though Bernas will be delisted, its obligation and responsibility towards paddy field workers remains unchanged because it is bound to concession agreement between Bernas and the government,” said Ismail.

“The Finance Ministry and Agriculture Ministry have also placed representatives in Bernas to safeguard the interests of the farmers,” he said.

http://www.freemalaysiatoday.com/category/nation/2014/03/26/minister-bernas-deal-good-for-govt/
27/03/2014 1:36 AM
bennike129 why is the counter 0? in my platform
31/03/2014 3:23 PM
JXRepcoBuffet bye bye Bernas!
15/04/2014 5:26 PM
bthunter https://www.nst.com.my/business/2018/06/377337/bernas-monopoly-ends
07/06/2018 8:57 AM
Jeffreyteck "there can be no guarantees that prices of rice will fall when the domestic rice market is liberalised...." but for sure the guy said this will have less works, please lower his pays accordingly. Never think outside if box of course no positive solutions.
05/07/2018 12:48 PM
hairy no rice buy kah...
06/04/2020 3:20 PM


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