Through my many interactions with them, i have a strong confidence in their thought processes and business thinking, so its quite likely they have found a way to do it very well, likely via certain fruits/vegetables/herbs, that have very different margin profile etc, due to different methods of growth, geographic constraints, supply/demand mismatch etc.
BursaVulture
To be honest, I am not a fan of indoor farming or vertical farming or whatever they call it. Most greenhouse farming simply doesn't work. I am still holding MFCB and will continue to do so, I hope if things doesn't work out, they will shut it down. But I hope they succeed.
I hope they are smart enough to plant Herbs, Onions, Mushrooms and etc. Dont compete with those in Cameroon, compete with food we import, if they are able to scale, our gov might help out without hurting the small farmers in Malaysia.
why would it be crazy? you can say slightly higher but crazy is too crazy. almost 90% profit is from their hydro. unless all the other subsidiaries grow at exponential rate, unlikely to be crazy. hydro power gen already somewhat max.
I own MFCB too, i call super crazy high profit for next QR pure BS. Most likely they will sign a new deal, probably extension from 25 years to 30? who knows. if you read the report, you know 90% profit from hydro, no more room to grow.
“Jack888 Next resistance 5.40 ...??? 19 minutes ago”
Yes, MFCB is having a good meteoric rise this year. Few days ago, I did a calc for Insas' CAGR, also checked on MFCB over a 10 year period. The results are much better than Insas. Will find time to post the results, maybe over the coming weekend. Happy Trading and TradeAtYourOwnRisk.
Food Security Division As of the end of FY2023, the cumulative planted area of our plantation in Cambodia totalled an estimated 2,560 hectares, comprising 1,830 hectares of coconuts and 730 hectares of macadamias. The coconut trees will progressively reach commercial scale maturity starting from 2024, while the macadamia trees are expected take another 1-2 years to reach the same. After careful consideration, we have opted to concentrate on harvesting flower sap of the coconut trees, and refining it into coconut sugar products, including syrup and granulated sugar. This strategic choice is motivated by the scarcity of pure, unadulterated coconut sugar products in both industrial and retail markets, alongside a steady and expanding global demand (forecasted CAGR: 4.8% from 2018-2030). This market potential is underpinned by the superior health benefits of coconut sugar compared to refined white sugar. We are confident that leveraging the capacity of our plantation presents a significant opportunity to meet the burgeoning global demand for coconut sugar products. Upon reaching maximum harvest capacity, we anticipate establishing ourselves as the largest and foremost fully integrated company dedicated to coconut sugar products worldwide. Looking ahead, our commitment remains steadfast in nurturing and expanding the Food Security Division to make a substantial contribution to the Group’s long-term earnings, whether through expansion, diversification or strategic acquisitions
"We are confident that leveraging the capacity of our plantation presents a significant opportunity to meet the burgeoning global demand for coconut sugar products. Upon reaching maximum harvest capacity, we anticipate establishing ourselves as the largest and foremost fully integrated company dedicated to coconut sugar products worldwide."
Good highlight, Nepo. Can't wait to ask them more about the venture into coconut sugar biz in the coming AGM / quarterly briefing. Wondering how much revenue they are expecting from this venture. According to this report the top 3 players are having between USD169m - 260m revenue. https://www.globalmarketmonitor.com/report_blog/1861531.html
Maybank's valuation did not ascribe any value to the new ventures. The company is reinvesting the cash to grow and at the same time giving out decent dividend. Why sell?
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
1DERFUL
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Posted by 1DERFUL > 2 months ago | Report Abuse
Does anyone know of platform/site to check individual stock dividends history ?