rlch200 hectares of freehold property landbank and 8630 hectares of plantation landbank in Johor still valued at 1983 price base on latest annual report. If revalued base on current price how much does the value fetch? Any Johorean here can help to calculate?
Anybody know; why GENP not declaring any dividend yet? Around this time frame last year, I use to get some money from GENP.
Thank you in advance
rlchko2004bb, they have declared special dividend last year so try to conserve cash which they need for expansion. This is a good long term stock where you can expect growth in earnings. Woi, if GenP can sell their land to EcoWorld, they can make huge profit.
rlchTP RM13(MIDF). http://www.theedgemalaysia.com/in-the-edge-financial-daily-today/292179-genting-plantations-enjoying-strong-ffb-growth-in-indonesia.html EPF buying 30,000 shares on 27/5/14 in today Bursa announcement. The trading that day was done between RM11.18 and RM11.34.
ko2004bbThank you, Rich for your update. I will certainly hold on to GENP for long term.
rlchUp 28sen today after HSR announcement. Land in Johor to further appreciate? Time to buy warrant?
rlchPast 1 month EPF buy a lot. As a plantation company they also own a lot of land for property development. Wonder when they can list their property arm like IOI to unlock value for shareholders. http://klse0.i3investor.com/servlets/stk/annchsh/2291.jsp
rlch15 on Bursa sitting on RM66b cashpile http://www.focusmalaysia.my/Mainstream/15-on-Bursa-sitting-on-RM66b-cashpile
FOR the plantation sector, will zero CPO export duty help the industry as a whole?...from Starmobile.....@Ring....palm oil price @ 1900 can be disposed for biodiesel plant which is intact.The economists @ this conference r not sure of what they r talking or trying to sweep d truth under d carpet.Those giant plantation companies yield is only 20mt n d industry can collapse @ this yield.We have living examples like UP/KLK/IOI whose yield is above 23mt.What r they doing to increase d yield which shd be widely spoken by d top economist of d country. Govt is loosing plenty of revenue by abolishing export duty until Dec... the high yield will help to cushion d situation.Any expert economist or media writers shd elaborate on this...tks.
rlchLatest TP by RHB RM 11.15. Buy warrant(RM2.5) for higher gain(TP RM3.40). http://klse.i3investor.com/blogs/rhb/62394.jsp
rlchNow trading at discount after big jump in mother share price. Buy and convert warrant can make money.
rlchUS market record high, CPO up, Genting Plantation further up tomorrow?
epfbuyLatest TP RM 11.60 and EPF buy. Time to buy? http://klse.i3investor.com/servlets/ptg/2291.jsp http://www.bursamalaysia.com/market/listed-companies/company-announcements/4780197
ivan9511Hi there. good night . I am a new player , Currently I am into Genting counters : Howeve , I am having a very serious question here, hope got someone kind can explain abit Please : However I just check the dividen giving by GentingM and Genting bhd , and I find out Genting Malaysia diveidend more than Genting Berhad. Current price : Genting bhd 7.18 VS Genting Malaysia 4.26 I feel unbelievable beacuse Genting bhd seven riggit plus, but Genting M only 4.26, Then why not just buy genting M and get the higher dividend . why those people still want to invest expensive counter but low dividend. Unless they want to rugi ?
is there anything I should know ah ?
pushparajshould see some window dressing, end of 2015.
I'm watching CPO counters like FGV, GENP, Sime Darby, CEPAT and TDM(my favorite). Mid autumn festival and Diwali festive are around the corner so I do predict export volume slowly pick up and price will follow suit.
Currently, CPO price must stay above RM2,253-2,259 should any price dip below this consider mission aborted. I'm buying GENP today for mid term investment. After FGV heavily acquired by LTH I'm shifting to Sime Darby as newly appointed PNB Chairman Tan Sri Abdul Wahid will strengthen Sime Darby's position as Top 3 most profitable GLC company. Because of this I also invest in Sime-C3 today.