Highlights
KLSE: SBAGAN (2569)       SUNGEI BAGAN RUBBER CO (MALAYA) BHD MAIN : Plantations
Last Price Today's Change   Day's Range   Trading Volume
2.80   0.00 (0.00%)  2.80 - 2.80  5,500
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Overview

Market Cap: 186 Million
NOSH: 66 Million
Avg Volume (4 weeks):16,133
4 Weeks Range:2.44 - 2.87
4 Weeks Price Volatility (%):
83.72%
52 Weeks Range:2.35 - 3.05
52 Weeks Price Volatility (%):
64.29%
Average Price Target:-
Stamp duty exempted for year 2020

Financial Highlight

Latest Quarter | Ann. Date 30-Jun-2020 [#4]  |  28-Aug-2020
Next QR | Est. Ann. Date: 30-Sep-2020  |  29-Nov-2020
T4Q P/E | EY: -21.96  |  -4.55%
T4Q DY | Payout %: 0.71%  |  - %
T4Q NAPS | P/NAPS: 8.5053  |  0.33
T4Q NP Margin | ROE: -60.06%  |  -1.50%

Headlines

Date Subject
07-Apr-2020 下跌股:双溪峇眼RM2.45支撑
27-Dec-2019 COMMENTS ON SUNGEI BAGAN RUBBER CO (MALAYA) BERHAD (2569) - louisesinvesting
10-Dec-2019 下跌股:双溪峇眼RM2.63支撑
06-Nov-2019 下跌股:双溪峇眼RM2.69支撑

Business Background

Sungei Bagan Rubber Co (Malaya) Bhd through its subsidiaries is engaged in the plantation, cultivation, and sale of fresh oil palm fruit bunches. It also holds long-term portfolio investments in securities, deposits with banks and investment properties. The Company operates through two segments: Plantation and Investments. The Plantation segment is engaged in the cultivation of oil palm. The Investments segment is engaged in long-term portfolio investment in securities, deposits with banks and investment properties. It derives most of its revenues from Plantation.
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  3 people like this.
 
dompeilee 3.90-!!!! :D
12/01/2018 10:21 AM
dompeilee !!!!!!!4.00!!!!!!
12/01/2018 10:21 AM
Diamond7 This XO!!! Pregnant!!!
Any babies????
12/01/2018 10:40 AM
Diamond7 Wa....n Wa....
12/01/2018 10:41 AM
dompeilee Left only SBagan haven't limit up...Kluang & Kuchai already limit up :)
12/01/2018 10:41 AM
jfjfwong GELA now at SGD 30.75 !!!
8th Sungei Bagan Rubber Company (Malaya) Berhad 1,733,120 0.37%
around MYR 160M for GELA

SBAGAN NAPS is RM9.31
12/01/2018 3:32 PM
jfjfwong ignore all other asset and business
(GELA)MYR160M + MYR150M(cash on bank) = MYR310M
current market cap only around MYR260M
12/01/2018 3:36 PM
speakup in year 2005 many ppl chase up Kuchai, Sbagan & Kluang due to their high NTA, but the companies refused to share their wealth with shareholders. Shareholders pestered the owners but to no avail. So investors lost interest in these 3 companies and their share price dropped way below NTA.
Today we see the same thing happening. History repeats after 12 years. But of course, different players this time.
12/01/2018 3:39 PM
dompeilee As long as CAPITAL "I" makes $, I dun care who is disappointed...I rarely chase any counter so I'm not a victim of these value traps.
12/01/2018 3:51 PM
GreatWarrants SBAGAN the last one to limit up..
Sbagan will move faster eventually :..
Look at NTA RM 10
This stock highly undervalued
12/01/2018 5:24 PM
Bullcoming Hopefully Monday this company turn limit up x2
12/01/2018 6:19 PM
dompeilee SBagan is the only one of the 3 I didn't sell a single share since '15. Post '05 bonus high is 10+ so lots of room to rise :)
12/01/2018 6:45 PM
Syndicates https://www.thestar.com.my/business/business-news/2018/01/12/kuchai-shares-rise-in-anticipation-of-great-eastern-listing/
12/01/2018 9:25 PM
cefiro22 Yep...The Star reported>>Kuchai is the sixth largest shareholder with 3.03 million shares in Great Eastern Malaysia’s parent company, Great Eastern Holdings Ltd (GEH) that is listed in Singapore.

At the 8th position is S. Bagan with 1,733 million shares, and the "par" value of S.Bagan being RM1/- compared to Kuchai 50 sen par, this should put S.Bagan in the running too!
13/01/2018 7:47 PM
Syndicates people dont do analysis themselves, blindly follow on what the articles tell. the analyst/author has already bought KUCHAI ahead of them before article release. and omitted the fact that SBAGAN has stakes in GEH too. no mention this point at all!

page 211 of the annual report list out the shareholder of GEH:
https://www.greateasternlife.com/content/dam/great-eastern/sg/homepage/about-us/investor-relations/annual-reports/2016-annual-report.pdf

SBAGAN has 9.44% in KUCHAI, and 0.37% in GEH
KUCHAI has 0.64% in GEH
which in turn, SBAGAN has (0.0944*0.64%)+0.37%=0.43% direct and indirect ownership in GEH.
13/01/2018 11:07 PM
Diamond7 Wah!
SBagan had 0.37% in Great Eastern!
14/01/2018 6:39 PM
Diamond7 Then tmoro....another new high!!! It's good news to me!!!
14/01/2018 6:40 PM
Diamond7 Any cooperate exercise?
14/01/2018 6:41 PM
GreatWarrants Monday will see some traders chase to RM 5 possible..
Price havent factored in the news...
Undervalued gem
14/01/2018 9:49 PM
apolloang don't think so can 5.00.....fri morning up till 4.18 and whole afternoon struggling to break 4.00,how on earth can 5.00? maybe need a miracle tomoro.....hehe
14/01/2018 10:59 PM
cheated Toto Jackpot open?
14/01/2018 11:25 PM
LA777 Profit taking.
15/01/2018 7:03 PM
cefiro22 I am referring to SBagan comes T3/T4, that I have interest in when the historical volume of 1.013 m. exchanged hands on 12/01/2018 which must be cleared and be with strong holders. Then if the news materialise, we should be in for a windfall. If otherwise, just hold at these low levels for a share that has assets well above prices we pay for. Best of luck!
16/01/2018 9:47 AM
TheContrarian SBagan has RM150 million cash and 1.7 million Great Eastern shares currently at market price of S$30 per share i.e. around RM153 million. Based on issued capital of 66 million shares, these two assets alone translate into RM4.60 per SBagan share. SBagan also holds around 9% of Kuchai.
16/01/2018 6:27 PM
Cnlim This stock is good for those who can hold for long long term n don't need to look at the market everyday
21/01/2018 8:53 AM
Diamond7 I agree!
22/01/2018 1:09 PM
LA777 It's coming!
24/01/2018 10:47 AM
TheContrarian Did a bit of research and discovered that Kluang owns a lot of Kuchai and Sg Bagan. Kuchai also owns a lot of Sg Bagan but very little of Kluang. Sg Bagan owns some Kuchai and Kluang. Hahaha, really messed up.
25/01/2018 7:14 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 10:14 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 10:24 AM
Diamond7 Directors.
When bonus? NTA so high ......this time must give us better dividend.
17/07/2018 8:35 PM
TheContrarian Better dividend 6 sen.
22/10/2018 4:51 PM
TheContrarian One free Kluang share for every 17.2827 SBagan shares owned.
30/10/2018 10:34 PM
TheContrarian After Kluang shares are distributed to shareholders of Sg. Bagan and Kuchai, there will no longer be any cross shareholdings. This will pave way for Kluang to make an attempt to privatise Sg.Bagan and/or Kuchai.
31/10/2018 4:30 PM
Kevin Tan Based on d ratio 1 kluang at 3.90 for 17.2827 sg bagan works out to b equivalent to a dividend of 2.25rm per sg bagan share.
So invest 3370 rm today, earns 225rm in 3 months....super deal guys...cheers.
As for kuchai, invedt 2k today, earns 60+ interest in 3 months...also good deal.
31/10/2018 7:26 PM
Kevin Tan Per sg bagan share i meant 1k shares....
31/10/2018 7:27 PM
TheContrarian Also 6 sen cash dividend.
31/10/2018 8:12 PM
dompeilee I sold 1 lot for 3.56 early this year but left 3,300 shares, so I'll be getting $189 in dividends + $744 worth of Kluang shares. Fortunately, of the 3 sisters, I sold down Kluang the most @ 4.00 & higher this year, from 3k to 500, so I'll be getting back some of the Kluang I sold =)

Kuchai I still have 1,000 left so that will give a me a total of over 200 free Kluang shares =)
03/11/2018 8:26 PM
dompeilee My cost of entry in 2014 is 3.25 per share including commissions.
03/11/2018 8:28 PM
TheContrarian I think Kluang will attempt to take Sg Bagan private next year.
03/11/2018 9:22 PM
TheContrarian SCR coming.
09/04/2019 6:57 PM
SS Loh In 2018 Annual report Kluang has net cash of RM 240m equivalent to RM 4 per share and Sg Bagan has net cash more than RM 140m or more than RM2 per share. Most of the money are placed as FD in Singapore dollar. Sg Bagan has 1.7 million shares of Great Eastern now traded at 26.10 SD. Their NTAs are very high with Kluang at more than RM10 and Sg Bagan RM 8.
These counters has been tightly held by long term investors and waiting for any corporate development which I think is around the corner.
04/05/2019 6:31 AM
TheContrarian I think Sg Bagan will go the same way as Selangor Prop, Daiman, Suiwah & MAA via a SCR. The Companies Act prohibits a subsidiary company from holding shares of its holding company. This is why Sg Bagan had to sell off any shares in Kluang if the plan is for Kluang to become its holding company. Through a SCR exercise Kluang will end up holding more than 50% shares in Sg Bagan with the balance to be held by Kuchai. Sg Bagan will then be delisted. The question is how much will the offer price be?
06/05/2019 11:08 PM
TheContrarian I think the two years high price for Sg Bagan was around RM4.50. Based on available cash balance the SCR offer price can go up to around RM5.00. I think the SCR offer price will be somewhere in between.
06/05/2019 11:32 PM
Diamond7 Wa!
Kuchai up...
Kluang up....
SBagan oso up....
Why? Why?

Any bonus?
26/07/2019 2:17 AM
LouiseS SUNGEI BAGAN's revenue was made up of sales of fresh fruit bunches (“FFB”), dividend income, rental income and interest income. The bulk of the Group’s investments are held in companies listed in the Mainboard of both Bursa Malaysia and Singapore Exchange. The Company’s has positions in Kuchai Development Berhad, Great Eastern Holdings Limited and Singapore Press Holdings Limited.

Its earning performance has been overall unstable in last five years, whereby its earning per share overall fluctuated from -15.99 sen to 5.56sen.Its earnings mostly has been affected by high operating costs in the latest financial year. Dividend payout in the 2019 financial year totalled 2 sen per share, which corresponds to a dividend yield of 0.69%.

https://louisesinvesting.blogspot.com/2019/12/comments-on-sungei-bagan-rubber-co.html
27/12/2019 1:43 PM
chinleong123 volume /price surge.
04/06/2020 4:42 PM
Diamond7 Anything significant?
Any special dividend or bonus?
04/06/2020 11:10 PM
Snake CPO Rm2,100-2,200 breakeven cost for planter
Today CPO opening @Rm2,784
28/08/2020 1:26 PM
Ikankecil Is time to give special dividend?
28/08/2020 5:46 PM


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