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Overview
Financial Highlight
HeadlinesBusiness Background Chin Teck Plantations Bhd is an investment holding company, which is engaged in the cultivation of oil palms, production, and sale of fresh fruit bunches, crude palm oil, and palm kernel in Malaysia. The company has three cultivation lands in Malaysia namely, Jemima and Sungei Sendayan, Gua Musang and Keratong.
  calvintaneng CHINTECK VERSUS FRONTKEN: Why Palm Oil Stocks Now Better than Technology Stocks, Calvin Tan Research https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/2021-08-01-story-h1568906210-CHINTECK_VERSUS_FRONTKEN_Why_Palm_Oil_Stocks_Now_Better_than_Technology.jsp 01/08/2021 10:15 PM calvintaneng excellent excellent Chinteck up 34 sen on good results news The market is reactive They only buy AFTER good results out We must be pro-active to buy BEFORE good results out With only a small 28,000 acres of palm oil Chinteck already done so well Imagine Stocks like Tsh, Thplant and Jtiasa all with more than 200,000 acres of palm oil? 02/08/2021 10:15 AM  Intrinsic99 CPO prices expected to be lower in 2022, say market analysts (The Star - Saturday, 16 Oct 2021) UOB Kay Hian Research maintains its “underweight” rating on the plantation sector The research unit is keeping its CPO price forecast for 2021 and 2022 at RM3,300 and RM2,800 per tonne respectively CPO prices may sustain at the current levels due to the continued disappointing palm oil production as yield recovery from the previous drought is taking longer than expected It also notes that risks include rising fertiliser costs due to supply constraints. As fertiliser cost (30% of ex-mill cost) is one of the biggest components besides labour cost, the surge in fertiliser prices could lead to a cost increase of at least 15% to 20% RHB Research also maintains its “underweight” rating on the plantation sector It advises investors to ride the wave and look for opportunities to sell into strength, with CPO prices currently at a peak, and some strength being seen in share prices. “The main risk to this thesis is weather abnormalitie. Share prices have, for the first time this year, started moving in tandem with CPO prices. We believe now is the time to ride the wave, and wait for a good opportunity to lock in some profits, adding that environmental, social, and governance (ESG) concerns will still impact sector valuations” https://www.thestar.com.my/business/business-news/2021/10/16/cpo-prices-expected-to-be-lower-in-2022-say-market-analysts What we can observe market behaviour now is most of the fund managers start to revise outlook for CPO in the upcoming season, most of experts had expected the CPO prise shall be normalised in tandem. Fund managers strongly believe that plantation companies shall be adjusted lower heading Trailing Twelve Months (TTM), that’s why most of the research houses given underweight outlook. This is the reason why plantation sector not so fancy like year 2020 glove sector, fund managers strongly believe that once the CPO price normalise so ASP also simultaneously adjusted lower. One of the good example to review is glove sector, what happen for the year 2020 compare with year 2021. Once most of the fund managers revise neutral or underweight outlook, we all can see the respective sector (or respective stocks) will start decelerating. Despite glove sector still handsomely profitable for the next few years but most of the share traders more bias to ASP will be adjusted accordingly. This scenario is same with plantation sector as well. If we want to enjoy fancy profit from the share price margin at this moment, we need to thoroughly consider is it the right time to challenge current circumstances since market had given cognitive lesson for the past of glove sector. If we want to enjoy dividend yield (only selective planters), it’s fine to accumulate rather than putting your funds at the banks but now not aware current share price is it wisely to enter since plantation sector bias to neutral or underweight. 06/11/2021 2:33 PM Intrinsic99 Other members also buying valuable stocks but not behave like this iddiot spammer We all feel ridiculous nonstop posting nonstop promoting As I said earlier, if you so confidence to wait and if you so confidence what you invest why everyday need to promote, why everyday put up so many blog, why everyday go different stocks forum keep on promoting your palm oil stocks? This is very obvious you desperately want to cash out your share bought and treat other members as waterfish. Now all open your eye and see this iddiot spammer sold all MHC stock since this iddiot spammer so confidence about the palm oil sector earlier and keep on promoting to all members everywhere. https://klse.i3investor.com/servlets/forum/600571451.jsp I so pity members here listen to this iddiot end up you can burn you hard earned money and this iddiot laughing at you later. In the real world, no free lunch to people unless you want to take advantage from others I don't know why 3iii administrator didn't take any action to suspend this iddiot account to avoid further keep on spamming everyday and every way I pegging administrator need to take proper action against this spammer 15/11/2021 7:03 AM Intrinsic99 Time to examine deeply the recent quarterly result for "ATAIMS", I think no any shareholder can expect the result so poor, if you look at YR 2020 net profit by RM 150 mil and YR 2019 net profit by RM 76 mil Before result announced, most of the traders, investors or fund managers also compliment high prospect of demand for tech sector After poor result announcement, we can see what are the huge reaction of the market, that's massive selling down. So, is the good time to consider, when so much noise to promote respective sector, you think what will happen later (last year glove sector, this year tech sector) >>> 17/11/2021 2:03 PM Intrinsic99 When promoter always so much of sweat talk so much of approach for sure this iddiot spammer wanted to cash out from the stock purchased Other members also buying valuable stocks but not behave like this iddiot spammer We all feel ridiculous nonstop posting nonstop promoting As I said earlier, if you so confidence to wait and if you so confidence what you invest why everyday need to promote, why everyday put up so many blog, why everyday go different stocks forum keep on promoting your palm oil stocks? This is very obvious you desperately want to cash out your share bought and treat other members as waterfish. Now all open your eye and see this iddiot spammer sold all MHC stock since this iddiot spammer so confidence about the palm oil sector earlier and keep on promoting to all members everywhere. https://klse.i3investor.com/servlets/forum/600571451.jsp >>> I so pity members here listen to this iddiot end up you can burn you hard earned money and this iddiot laughing at you later. In the real world, no free lunch to people unless you want to take advantage from others I don't know why 3iii administrator didn't take any action to suspend this iddiot account to avoid further keep on spamming everyday and every way I pegging administrator need to take proper action against this spammer in order to strengthen protection more and more victim investors. 17/11/2021 2:03 PM calvintaneng intrinsic99 See what you posted Posted by Intrinsic99 > Mar 7, 2021 1:14 PM | Report Abuse Hello, good afternoon every lover members. I am new member here, I will appreciate all my senior fellow members here can give some golden advise to invest and to earn substantial profit at the equity market. Thank you very much. YOU CONFESSED YOU ARE A NEW MEMBER HERE. SO YOU BETTER LEARN FROM THOSE WHO KNOW BEST SEE Johnzhang @intrinsic99, this is for you just in case you missed it https://themalaysianreserve.com/2021/11/16/strong-3q-earnings-expected... 17/11/2021 3:12 PM 17/11/2021 4:11 PM Intrinsic99 I only study the top 5 stocks, Simeplnt, KLK, IOI, PPB,Genp as the market reference. What can you see on the individual stock's chart? If you can't understand the simple chart then you better don't come out and con all members here 17/11/2021 4:41 PM GrowthCapitalist I this company is doing well because it is purely FFB sales company. It seems everyone had missed their bullet in other plantation and forget about this. This company share price so cantik! 05/06/2022 10:47 PM Diamond7 Buy and keep it in your safety box Hidden gem! EPS 101.46 PE ratio 9.46 (low) Dividend yield ...bout 6% Highly undervalued Cash rich assets Rich land banks 08/06/2022 9:00 PM Diamond7 July quarterly report will be excellent! Anticipating high dividend payout.... 08/06/2022 9:02 PM Diamond7 Oops Sorry.... Financial year August 2022 Expected EPS 140 First interim dividend 13 cents Expected final dividend 47 cents Dividend yield 6% The Prime landbanks in Bandar Sri Sendayan was bought at RM5773 per acre in 1970 Currently worth bout 0.5 million per acre Chintek has a nett cash of 385 million!!! 12/06/2022 9:04 PM wallstreetrookie Chin Tek Plantation: Stocks to Watch in mid Q3 2022 Good production figures to boost Chin Tek Plantation’s net profit. 12/06/2022 9:13 PM Diamond7 Nett cash of 385 million! CHINTEK is the winner of interest rate hike! Hold tight tight! Superbull star! Dun miss the opportunity of your lifetime! Never unload... Never let go... Till the volcano erupts! 15/06/2022 8:13 PM Diamond7 Must have independent thinking...@DJThong To be a successful investor, Needs... Patience... Rome is not built in one day! Courage... Optimistism n wisdom Good Luck 02/07/2022 3:39 PM Diamond7 To be a successful investor Buy when stocks are low n undervalued! 1. Cash rich assets company 2. High dividend yield 3. Buy if price is undervalue... Dun chase chase to new high! 03/07/2022 12:00 AM  Michael Kwok Price 8.40-8.46.Downgrade chinteck below rm 6.along the way 6-15 % upward. 30/8/2022 10.42pm. 30/08/2022 10:43 PM dasan784 Where is all the people who were asking us to buy buy and saying a dividend of 47cents will be given BUT we got 29cents. I sent a email to CHINTEK asking is true that they plan to unlock land value near SENDAYAN. Already 6 days but no reply. Only now i realize that these crooks wanted to throw their shares bought cheaply and disposed to us at a high price. Karma will hit these crooks very very hard. No worries as we have God to protect us. Cheers. 12/09/2022 1:32 PM NatsukoMishima Glove 2.0 ! Later all farmer will sell at net loss cost when ASP drop to below rm 2500 per tonne at year end ! 26/09/2022 1:51 PM  speakup ADUH! https://www.thestar.com.my/business/business-news/2023/01/30/chin-teck-plantations-issues-profit-warning 30/01/2023 10:37 PM Dehcomic01 Chin Teck – an irrational market? Over the past decade the market has not always been rational as can been seen from the comparison between the ROE and market price. You can see that in 2018 when the ROE was at its high, the market price continued with its downtrend. The current ROE is lower than the 2022 peak. While the market price had declined, it has not reached the 2019 lows. https://i.postimg.cc/50NzFvx0/ChinTek.png From a fundamental perspective, Chin Teck performance lies in between my 2 Bursa plantation references – BPlant and KLK. I would not rate its fundamentals as fantastic. So, not so fantastic fundamentals and a harder to read market behaviour. Is this an investment opportunity? For more insights of the Bursa plantation sector go to https://www.youtube.com/watch?v=9KhboTCMdEg 10/11/2023 9:44 AM calvintaneng JAYA TIASA (4383) LATEST RESULT SHOWS A HUGE SURPRISE JUMP IN PROFIT: UP BY 100% KUDOS TO YOUR EXCELLENT HARD, WELL DONE! WELL DONE!! WORK , Calvin Tan https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2023-11-29-story-h-214097097-JAYA_TIASA_4383_LATEST_RESULT_SHOWS_A_HUGE_SURPRISE_JUMP_IN_PROFIT_UP_B 29/11/2023 4:28 AM Digerati CHIN TECK PLANTATIONS BERHAD - 65th Annual General Meeting Date : 30 Jan 2024 Time : 10.30am Type : Virtual Join meeting at : https://sinthye-online.d-agm.com/ 10/01/2024 11:51 PM Diamond7 Cold ...very cold counter! Nothing exciting! Low dividend No bonus Directors Please give higher dividend n declare bonus issues We are waiting! 11/02/2024 10:18 AM Diamond7 KUALA LUMPUR (Mar 25): Given the steep discount to its underlying value, oil palm planter Chin Teck Plantations Bhd may stand to be privatised in the future, according to PublicInvest Research. In a research note on Monday, PublicInvest Research said the group is currently trading at an undemanding valuation of only 2.6 times historical price-to-earnings (P/E) ratio multiple or discounted price-to-book (P/B) ratio of 0.79 times, based on its financial results for the financial year 2023 (FY23). Furthermore, the plantation group was also noted to be sitting on a cash position of RM408 million with zero gearing. It also owns investment securities worth RM132 million. "Assuming our current valuation of 11 times FY25 EPS (earnings per share) for the upstream plantation business plus the liquid assets (cash + investment securities for bond and equity instruments) totalling RM540 million, the fair value of the company could be worth more than RM900 million or RM9.84 per share," it said. "Given steep discount to its underlying value, we do not rule out the possibility of privatisation in the future," the research house added 09/04/2024 7:01 PM Diamond7 KUALA LUMPUR (April 25): Chin Teck Plantations Bhd’s net profit surged sevenfold for the financial quarter ended Feb 29, 2024 (2QFY2024) thanks to higher palm oil production as well as lower operating and administrative expenses. Net profit leapt by 612.2% to RM20.8 million from RM2.92 million a year earlier. Quarterly revenue increased by 11.1% year-on-year (y-o-y) to RM51.26 million from RM46.14 million, thanks to increased sales volume of fresh fruit bunches (FFB), crude palm oil (CPO) and palm kernels (PK). 28/04/2024 7:27 AM Diamond7 Chin Teck Plantations - Bolstered by Lower CPO Production Cost Date: 2024-04-26 Firm: PUBLIC BANK Stock: CHINTEK Price Target: 8.38 Price Call: HOLD Last Price: 7.67 Upside/Downside: +0.71 (9.26%) Stripping out i) foreign exchange gain (RM2.9m) and ii) net fair value gain on investment securities (RM3m), Chin Teck Plantations posted 1HFY24 core earnings of RM36.3m, up 12.7% YoY. The better results were in line with our and the street full-year expectations, making up 46% and 56%, respectively. In view of the stronger-than-expected results, we raise our FY24-26F earnings projection by 7-8% to account for improved OER and lower production cost. Maintain Neutral with a higher TP of RM8.38. No dividend was declared for the quarter. 28/04/2024 7:49 PM  | | ||||||||||||||||||||||||||||||||||||||||||||||||
