Highlights
KLSE: RVIEW (2542)       RIVERVIEW RUBBER ESTATES BHD MAIN : Plantations
Last Price Today's Change   Day's Range   Trading Volume
3.05   -0.05 (1.61%)  2.86 - 3.05  29,200
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Overview

Market Cap: 198 Million
NOSH: 65 Million
Avg Volume (4 weeks):2,794
4 Weeks Range:2.86 - 3.13
4 Weeks Price Volatility (%):
70.37%
52 Weeks Range:2.86 - 3.98
52 Weeks Price Volatility (%):
16.96%
Average Price Target:-
Stamp duty exempted for year 2019

Financial Highlight

Latest Quarter | Ann. Date 30-Sep-2018 [#3]  |  26-Nov-2018
Next QR | Est. Ann. Date: 31-Dec-2018  |  28-Feb-2019
T4Q P/E | EY: 29.89  |  3.35%
T4Q DY | Payout %: 5.90%  |  176.38%
T4Q NAPS | P/NAPS: 4.15  |  0.73
T4Q NP Margin | ROE: 19.48%  |  2.46%

Headlines



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Business Background

Riverview Rubber Estates Bhd operates in the agricultural sector in Malaysia. It is engaged in the cultivation of oil palm, and sale of fresh fruit bunches of oil palm and other oil palm produce. The company operates through two segments, Plantations segment, which carries on the business of oil palm cultivation on its plantations in Peninsular Malaysia and Other segments, which consist of an investment holding real estate company that develops and rents out its properties.
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cariyoyo the price has gone up suddenly. it has been laggard for a long time. anyone?
10/04/2013 12:16
arv18 This is very solid counter. Good dividend. Zero Gearing. Just no profile. Low liquidity.
12/04/2013 19:23
cariyoyo revenue dropped sharply due to weakening cpo prices. unless the company expands its planted hectarage, i do not see great value in this company. or perhaps certain group might be interested in taking it private or buy the huntsman family out. anything short of these, rview will be dull and mundane.
29/04/2013 10:08
balvin71 Completely agree. They need to go back to expansion mode and diversify into other commodity or into processing. In the medium term, their trees are reaching end-of life and would soon need to be replanted. This will cause a drop in revenue until the new tree matures, the dividend yields during this time will also be effected.
21/05/2013 08:49
dlsh2 i concur with the views given by cariyoyo and balvin71. most top 30 shareholders of rview are old folks who might have been holding the shares for 30 to 40 years. they are not interested to sell but to pass on to their children and grandchildre. these old folks are expecting dividends every july and january for their beer monies. the price will drop if rview could not sustain the 20% dividend payout. rview is a small outfit and they should find ways to expand its planted areas. but again, i doubt they have a visionary management.
03/06/2013 09:49
logitrader http://www.klse.my/financial/quarterResult/YoY/quarter/2542/31-Dec-2014.jsp
26/02/2015 18:30
mukah There are rumors swirling around that a prominent family based in Ipoh are interested to take up a sizeable stake in Riverview if the price are right.
07/04/2015 12:07
logitrader http://www.klse.my/financial/quarterResult/YoY/quarter/2542/31-Mar-2015.jsp
29/04/2015 17:30
mukah The company has ceased giving out dividends for the last two quarters. The reason given to shareholders was that they need to conserve the cash for future expansions or when opportunity comes along the way. Riverview has purchased the balance shares owned by a Bumiputera partner in Narborough. They could not pay dividend as a result. However, they should have offered the Bumiputera partner part Riverview shares and cash or completely with Riverview shares. Maybe the Bumi partner turned down both offers and prefer cash. My question is how can the shareholders benefit from Narb when they do not get any dividend from the increased profit?

Guess this is not the counter to be in as dividends will dwindle going forward.
01/06/2015 09:04
logitrader http://www.klse.my/financial/quarterResult/QoQ/quarter/2542/31-Mar-2016.jsp

http://www.klse.my/financial/quarterResult/YoY/quarter/2542/31-Mar-2016.jsp
22/04/2016 17:39
Meowyx o.o
04/04/2017 15:56
Alex™ gap up tue
30/04/2017 14:34
17/06/2018 14:43
Chrisk Appear some interest here. Any possibility of some restructuring?
02/08/2018 18:19
cariyoyo Chrisk, Riverview is held by the Huntsman family. After the death of Williams Huntsman, the family (inclusive of extended families) brought in a new regime headed by Oliver Huntsman. The new regime was inspired by the new chairman, an ex-planter, who came up with expansion ideas, so on and so forth. However, after 5 years into it, I noticed nothing has taken place vis-à-vis the old regime. Unless one has no other counter to invest, they can look at Riverview.
12/09/2018 15:12
Lim Tek Wai Good news incoming, oh yeah !
14/09/2018 11:26
Chrisk Thank you cariyoyo. Best rgds.
14/09/2018 12:05


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