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KLSE: SIMEPLT       SIME DARBY PLANTATION BERHAD
Last Price Avg Target Price   Upside/Downside Price Call
4.78 4.37     -0.41 (8.58%)
* Average Target Price, Price Call and Upside/Downside are derived from Price Targets in the past 6 months.
** Price Targets are adjusted for Bonus Issue, Shares Split & Shares Consolidation (where applicable).
Date Open Price Target Price Upside/Downside Price Call Source News
27/06/2019 4.84 4.50 -0.34 (7.02%) HOLD MIDF Price Target News
27/06/2019 4.84 4.30 -0.54 (11.16%) SELL AmInvest Price Target News
18/06/2019 4.64 4.30 -0.34 (7.33%) SELL AmInvest Price Target News
03/06/2019 4.61 4.02 -0.59 (12.80%) SELL PUBLIC BANK Price Target News
03/06/2019 4.61 4.50 -0.11 (2.39%) HOLD MIDF Price Target News
03/06/2019 4.61 4.00 -0.61 (13.23%) SELL KENANGA Price Target News
03/06/2019 4.66 3.43 -1.23 (26.39%) SELL HLG Price Target News
03/06/2019 4.61 5.03 +0.42 (9.11%) HOLD BIMB Price Target News
03/06/2019 4.66 4.30 -0.36 (7.73%) SELL AmInvest Price Target News
03/06/2019 4.61 4.85 +0.24 (5.21%) HOLD AffinHwang Price Target News
01/03/2019 5.03 5.00 -0.03 (0.60%) HOLD KENANGA Price Target News
01/03/2019 5.03 3.66 -1.37 (27.24%) SELL HLG Price Target News
01/03/2019 5.03 4.55 -0.48 (9.54%) SELL AmInvest Price Target News
01/03/2019 5.03 4.78 -0.25 (4.97%) HOLD Affin Hwang Capital Price Target News
28/02/2019 5.16 5.03 -0.13 (2.52%) HOLD BIMB Price Target News
28/01/2019 5.20 4.55 -0.65 (12.50%) SELL AmInvest Price Target News
25/01/2019 5.18 5.00 -0.18 (3.47%) HOLD KENANGA Price Target News


Price Target Research Article/News (past 6 months)
27/06/2019  MIDF Sime Darby Plantation Berhad - Disposing Loss Making Estate in Indonesia
27/06/2019  AmInvest Sime Darby Plantation - Sells PT Mitra for RM123.1mil Cash
18/06/2019  AmInvest SD Plantation - Revises call option signed with SD Property
03/06/2019  PUBLIC BANK Sime Darby Plantation - Hit By Weaker Palm Oil Prices
03/06/2019  MIDF Sime Darby Plantation Berhad - Earnings Bogged Down by Low CPO and PK Prices
03/06/2019  KENANGA Sime Darby Plantation Bhd - Weak Results to Linger
03/06/2019  HLG Sime Darby Plantation - Hit by CPO Price Plunge
03/06/2019  BIMB SIME Darby Plants - Performance impacted by lower ASP
03/06/2019  AmInvest Sime Darby Plantation - PNG in the red
03/06/2019  AffinHwang SD Plantation - 1Q19: Earnings Plunged on Weak Prices
01/03/2019  KENANGA Sime Darby Plantation Bhd - Within Expectations
01/03/2019  HLG Sime Darby Plantation - Below Expectations
01/03/2019  AmInvest Sime Darby Plant - Small impairment for Liberia
01/03/2019  Affin Hwang Capital SD Plantation - Weak CPO Prices Affected the Upstream Division
28/02/2019  BIMB SIME Darby Plants - Within expectation
28/01/2019  AmInvest Sime Darby Plantation - Expensive
25/01/2019  KENANGA Sime Darby Plantation Bhd - Neutral Near-term Outlook



  2 people like this.
 
Shahrizal Sukri now simeplt turn to climb high like sime.!!
05/01/2018 10:45 AM
Orange88 Post removed. Why?
05/01/2018 11:26 AM
Orange88 Remember No Sime 3 Adik Beradik No Amanh Saham No Malaysia Bole Land
05/01/2018 11:27 AM
Orange88 Post removed. Why?
05/01/2018 11:27 AM
Orange88 Post removed. Why?
05/01/2018 11:27 AM
Ring http://www.theedgemarkets.com/article/sime-darby-plantation-largest-planter-malaysia
05/01/2018 2:19 PM
jeccy http://www.theedgemarkets.com/article/malaysia-suspend-export-tax-palm-oil-three-months
05/01/2018 5:16 PM
mf https://www.thestar.com.my/business/business-news/2018/01/06/malaysian-palm-oil-hits-one-month-high-on-strong-export-prospects/
07/01/2018 6:55 PM
DickyMe "Palm oil is a major industry in Southeast Asia. Indonesia and Malaysia employ 3.5 million people to produce 85 per cent of the world’s palm oil with export values exceeding US$40 billion annually."

3.5 million workers but 99% not Malaysians but foreign workers

"With Southeast Asian economies in the balance – especially Indonesia and Malaysia – the fruit producers must address growing concerns about environmental and employee abuses without losing their competitive edge"

Blatant open burning of plantation fields which causes environment pollution, land grabbing which contributes to homelessness and city squatting. and unemployment, when citizens are shoved aside in favour cheap foreign workers.

Toxic greed have met divine intervention and soon palm plantation will follow the fate of rubber.
29/01/2018 10:13 AM
DickyMe "The latest crisis to face the industry’s reputation came this week as European Union lawmakers on Wednesday agreed to draft measures that seek to phase out the use of palm oil as biofuel by 2021. The move sparked fear in smallholders, who account for about 40 per cent of global palm oil production. Hundreds took to the streets in Kuala Lumpur this week to protest against the EU’s changes, saying the decision threatens their livelihoods."

IMPORTANT POINT OF INTEREST

"...draft measures that seek to phase out the use of palm oil as biofuel by 2021. "
29/01/2018 10:23 AM
Championmbsbnsimecw Old news dick
22/02/2018 10:34 PM
hellbender dividend is crap. 3.5cents. goodness... Thought it is main contributor to Sime Group.
23/02/2018 9:43 AM
hellbender unable to see silver lining in this stock:-
1) EU palm oil ban
2) Liberia plantations - halt planting
3) Crappy dividends
4) Downstream is down yet still buying Ruchi Soya... ??? another EagleHigh ala Felda?
5) Lower expected CPO prices of RM2500 to RM2600 compared with realised of RM2706pmt.

Pls advise if my observations are right.
23/02/2018 9:57 AM
hellbender most of all my beef is with the crappy dividend. 3.5 cents...i.e yield of 0.6%
23/02/2018 10:01 AM
antonyjason simeprop dividend is among the best compare with sime plant and sime
26/02/2018 8:52 PM
SWATHENG https://in.reuters.com/article/palmoil-outlook-fry/palm-oil-prices-to-hit-2600-rgt-t-before-falling-to-2300-rgt-analyst-fry-idINL4N1QO34D
07/03/2018 7:48 PM
paktua73 old man sold all 50 k a bit by a bit from 5.63,5.62,5.60
tut tut
13/03/2018 9:59 AM
Ring Institutional shareholders unhappy with Sapura Energy’s remuneration; EPF wants Shahril out
http://www.thestar.com.my/business/business-news/2018/07/18/institutional-shareholders-unhappy-with-sapura-energys-remuneration/

Same applies to Sime Plantation as Directors remuneration should run parallel with yields n bench mark should be based on yield similar to IOI/KLK/UP n share holders should not be taken for a ride
18/07/2018 3:24 PM
Ring http://klse.i3investor.com/m/blog/underBNdiamdiamsaja/165953.jsp
18/07/2018 10:14 PM
Ring Ring By right Sime yield shd be higher then IOI/KLK/UP becoz they got more experience since 1920 hence Directors should be put under pressure to get the yield if cant then should be removed
18/07/2018 10:19 PM
Ring http://klse.i3investor.com/m/blog/savemalaysia/166061.jsp
19/07/2018 5:49 PM
Ring As i said, current yield of 20mt should be increased to 23mt/ha/annum otherwise in trouble
19/07/2018 5:51 PM
Ring http://www.theborneopost.com/2018/07/21/sst-2-0-to-have-muted-impact-on-plantations/
22/07/2018 2:48 PM
cpo_ Mohd Bakke Salleh to be named Chairman Of Palm Oil Board – report
04/08/2018 1:43 AM
Ring http://www.theborneopost.com/2018/08/06/the-acca-qualification/
06/08/2018 5:30 PM
Lim Tek Wai Never regret
09/08/2018 11:35 AM
SWATHENG As I said, current yield of 20 mt should be increased to 23 mt/ha/annum otherwise in trouble. Jangan mimpi please. Let me know any GLC related plantation company has achieved that? Cakap kosong even with all the crap talk of KPI. China would buy more CPO for its 1.4 billion from Malaysia but would we think China would pay a premium ? The current situation is over stock of more than 2 million tonnes in Malaysia alone. Stocks in Indonesia?
21/08/2018 9:39 AM
kevinobc KUALA LUMPUR: Sime Darby Plantation Bhd will work with China's agriproduct merchandiser and food producer COFCO Group Co. Ltd to produce certified-sustainable, high value palm oil products for the global market.

Sime Plantation, the world’s largest producer of certified sustainable palm oil, had on Tuesday signed a memorandum of understanding (MoU) with COFCO Group to work together on a number of palm oil related ventures.


The MoU includes a joint research on the health benefits of palm oil, developing capabilities to manufacture specialty oils and fats, and establishing joint sales and marketing activities to promote high value differentiated palm products in China.

Through these initiatives, both Sime Plantation and COFCO hope to create greater demand for certified sustainable palm oil and increase trade volumes between the two companies.




The signing event, held at the China World Summit Wing, was witnessed by Prime Minister Tun Dr Mahathir Mohamad as part of his five-day official visit to China.

Sime Plantation executive deputy chairman and managing director Tan Sri Mohd Bakke Salleh said the MoU “truly reflects our aspiration to be the leader in promoting the health benefits of palm oil and to produce certified-sustainable, high value palm oil products for the global market”.

“We look forward to seeing the positive results of combining Sime Darby Plantation R&D capabilities with COFCO’s expertise in advanced health-based food research,” he added.

Both companies will conduct further research on the health benefits of products such as palm tocotrienol, red palm olein, and palm kernel oil.

They intend to develop specialty products such as premium shortening and bakery fats for the Chinese market, and to explore possibilities to co-manufacture these healthy oils and specialty fats in Malaysia.

Modh Bakke said China is a key market for Malaysian palm oil and Sime Plantation was proud to contribute towards increasing trade volumes and strengthening of relations between Malaysia and China.
Read more at https://www.thestar.com.my/business/business-news/2018/08/21/sime-plantation-china-cofco-group-plan-palm-oil-ventures/#prOleVXKwfZdqghv.99
21/08/2018 3:42 PM
brucewayne77141 Any comment on the qr?
30/08/2018 1:47 PM
BN_better Profit drop 89% good?
23/11/2018 1:31 PM
BN_better <RM 5 at 2.30pm?
23/11/2018 1:32 PM
zerocool7199 Omg profit drop 89%??monday what will happen?
24/11/2018 7:33 AM
NavinShah Just think if one steals from its own safe. The this
company will go bankrupt (sime darby) all its group
Of companies.
24/11/2018 10:04 AM
commonsense The company actually fares a lot better than other oil plantation companies who mostly recorded a negative earnings in the most recent quarter report.

Valuation wise however, this company is still consider to be expensive at 18.6x PE. Given the depressing CPO price, it is expected that the next 2 quarters earning to be lower compared to last year's (the company had posted a profit of RM430mil in 2Q18 and RM250mil in 3Q18). Investors need to be prepare to face volatility in the share price for the next 6 months a least.

FY19 profit is targeted to be at around RM1,025mil based on the average target profit of 6 analysts. This actually value the company higher at 31.3x PE which also means that most analysts are predicting lower profits (just like me) for the remaining of FY19.

I would suggest that those that are already invested in this company to divest some of their portfolio outside of the plantation industry. Given the current market sentiment, there are actually a lot of companies that currently trading a low PE and PB valuation but can still provide profit growth in the near and mid term.

I would recommend you look at MBMR.

The company is a direct proxy to Perodua via its 22.6% interest in the company. Valuation is cheap at only 5.3x PE (based on target FY18 PATAMI of RM145mil. 9m PATAMI is already RM106mil). PB is low at only 0.5x BV. 4Q18 results is expected to be higher than 3Q18 and last year 4Q17. And FY19 growth will be driven by the still high demand of new Myvi and the launch of the new SUV in 1Q19.

Please go through the analyst reports (https://klse.i3investor.com/servlets/stk/pt/5983.jsp) and do your own analysis before making any decisions.

Hope Sime Plantation can proof me wrong and deliver the profit growth that the investors are hoping for.

Good luck.
05/12/2018 4:14 PM
BN_better Blame Bakke or blame PH govn more correct for slumping share price?
06/12/2018 9:38 AM
James Ng https://klse.i3investor.com/blogs/general/189507.jsp
[转贴] [Facebook live:浅谈Sime Darby plantation berhad (SimePlt)] - James的股票投资James Share Investing
10/01/2019 10:00 AM
sean88 Post removed. Why?
10/01/2019 10:01 AM
BN_better > RM 5 bec EPF/PNB think govn is still BN?
29/01/2019 3:51 PM
James Ng https://klse.i3investor.com/blogs/general/201066.jsp
[转贴] [Facebook live:浅谈Sime Darby Plantation berhad (SimePlt)] - James的股票投资James Share Investing
05/04/2019 9:37 AM
James Ng https://klse.i3investor.com/blogs/general/202754.jsp
[转贴] [SIME DARBY PLANTATION BERHAD:毛棕榈油价格近期可能保持平稳] - James的股票投资James Share Investing
17/04/2019 2:32 PM
mr yong MALAYsia oil and gas company all HUGE DEBT ,Crude oil price low oil n gas sector DIE ,biggest exporter EURO don't want PALM OILplantation sector DIE ,IMDB HUGE debt,Tabung HAJI billion billion losses ,household DEBT 80% GDP MALAYsia people NO MORE purchasing power BANk and PROperty sector will going SlowDOWNn ,GOVT DEBT nearly 1 TRILLION GOVT no more MONEY do Infrastructure CONstuction sector DIE .OIL and PALM OIL contribution GDP 40% ,MALAYsia deficit,malaysia GOVT selling asset HK property selling TELCO asset to FOREIGN company,SOVEREIGN fund khazanah selling stock ,EPF selling stock,FOREIGN FUND selling malaysia BONDS ,Economy RECESSION..MALAYSIA CRISIS induced ASIAN FINANCIAL CRISIS 2019.
13/05/2019 2:33 PM
SWATHENG This counter is definitely overpriced as its profits are nothing to shout about especially after taking into consideration its extra large plantation holdings (similar to FGV Holdings Bhd). Those family managed plantation companies with small land holdings are generating higher profits in absolute terms. The PH government has to do soul searching to get to the bottom of the issue. There must be political will to revamp otherwise another MAS is in the making.
13/05/2019 9:12 PM
Haw Liao don't worry lah..gov will tax u until u laughing to lhdn
14/05/2019 4:07 PM
hellbender 6187acres of land for sale in Sime Darby Plantation? My goodness,are they in the business of selling land? This is bad news as they are sacrificing future profit for survival. They should have sold it to Sime Darby Properties for their property development. This is loss of synergies. Remember some of us owns all 3 of the shares due to the demerger exercise.

In the first place the demerger exercise was a failure. Why demerge when previously the objective of Sime Darby merging is to take opportunity of the synergies from mergers. The only reason i can see is to allow Maybank and CIMB to earn big fat commissions.

Pros of land sale
- Short term gain from the cash flow

Cons of land sale
- Selling land is not your business activity. CEO must answer on this irrational move.
- why sell to external when you have another sister company?

If we add all of SIme Darby today we get 4.78 + 2.30+0.98 = 8.06. This compares to RM9.05 premerger.
Obviously the dermerger had failed. What a load of bollocks. Wahid was an idiot.
28/05/2019 10:55 AM
James Ng https://klse.i3investor.com/blogs/general/210008.jsp
[转贴] [Facebook live:浅谈Sime Darby Plantation berhad (SimePlt)] - James的股票投资James Share Investing
08/06/2019 7:13 PM
Mabel Any chance for this company to merge back?

Would be lovely buy 1 get 3...

I just came on board having two out of the 3...Plantation and Property...

Is it worth going for the main Sime?

Cheers!
15/06/2019 4:45 PM
Mabel I agree with hellbender view. Very logical!
15/06/2019 4:47 PM
Mabel Looks like all oil palm counter are pretty quiet and not much sharing except for FGV..
29/06/2019 4:46 PM
Mabel It's climbing steadily.. Looking good..
10/07/2019 12:37 AM
8888_ Bakke ex-MD is now Felda chairman why Sime Plant still high price compare to FGV?
16/07/2019 3:42 PM


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