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Overview
Financial Highlight
Headlines
Business Background Kim Loong Resources Bhd is a Malaysia based investment holding company mainly engaged in the business activities of cultivation of oil palm, processing of oil palm fresh fruit bunches and marketing of oil palm products. In addition, it is also involved in the activities of processing of oil palm fibre, and biogas and power generation. The primary business segments of the group are Plantation operations and Milling operations. Plantation segment includes cultivation of oil palm activity. Milling segment includes processing and marketing of oil palm products. The group operates in Malaysia and generates the majority of the revenue from the Milling segment.
  ethan @ooihk899, yupe.i agree but so far they did consume and use back their own FFB, so there will be some consolidation in between. In fact, what i try to trying to put here is actually as a remarks to see how close my expectation versus the reality. Oya.. thanks newbie2y for pointing out it is the biogas than solar that in return earn some 6 million in revenue. 18/12/2020 11:21 PM trader808 3rd quarter result announcement is due today. Disappointingly it has not being announced yet. 28/12/2020 7:40 PM ethan Hope that today the company will release quarter result to see if it match my estimation. Seem a bit late for this quarter 29/12/2020 12:25 AM ethan too bad. My estimation seem too optimistic, but overall the performance is still impressive. Sigh, got to improve on prediction. 29/12/2020 5:29 PM newbie2y cpo price above 3700, additional estates purchase by next qr, increased cash balances, and more importantly, management is willing to share profits with smallholders like us. thumbs! 29/12/2020 7:02 PM trader808 The company announced 28.8m profit. This is 109% better than last year corresponding figure, but 13.05% lower compare with the current year preceding quarter. Although the average selling price of Rm2865 /M/T is high, it is not enough to mitigate the huge fall in FFB and CPO output for the 3 months ending Oct 2020. KL has a very strong balance sheet and continues to generate huge cash flow. Considering the current 9 month financial performance and the CPO and FFB output for NOV month, I would envisage the whole year EPS to be around 12.5sen. The fair value at various reasonably acceptable PE multiples are as follow. PE 12X IS 150 PE 13X IS 162 PE14X IS 175. All is not lost. In my opinion,the 3 sen special dividend would sustain the share price. 29/12/2020 7:15 PM ethan agree with trader808. the expected annualize EPS will be within 12cents to 13cents, as the high CPO price is offset by the huge fall of FFP and CPO output. Considering high CPO price, good dividend payout and prudent management, based on historical PE, i believe it deserve fair PE between 15 - 18, using forecasted annualize EPS 12.5 PE 15x = RM1.88 PE 16x = RM2.00 PE 17x = RM2.13 PE 18x = RM2.25 With consistent dividend payment for this fiscal year , (4 cents + 3 cents + 3 cents (forecast) ), i believe it is could be sustain PE of 15x or 16x. 29/12/2020 9:52 PM KPH5328 PBT for the current quarter was RM44.64 million which was 6% lower than RM47.27 million achieved in the preceding quarter ended 31 July 2020. If the insurance compensation of RM7.62 million recognised in the preceding quarter was excluded, the PBT for the current quarter was 13% or RM4.99 million higher 29/12/2020 10:59 PM ethan Malacca Security latest analysis: 我们重申“买入”评级，目标价从1.74令吉上调至1.91令吉，相等于明财年16倍本益比；一般中型种植股的本益比介于14.5倍至17.5倍。 Malacca Security reiterate buy call , target price revised from RM1.74 to RM1.91 with target PE of 16. The PE range for mid cap plantation should be within PE range 14.5 to 17.5. Source: https://www.enanyang.my/%E8%A1%8C%E5%AE%B6%E8%AE%BA%E8%82%A1/%E3%80%90%E8%A1%8C%E5%AE%B6%E8%AE%BA%E8%82%A1%E8%A7%86%E9%A2%91%E3%80%91%E9%94%A6%E9%9A%86%E8%B5%84%E6%BA%90-%E4%B8%A4%E5%B9%B4%E8%B4%A2%E6%B5%8B%E4%B8%8A%E8%B0%83 30/12/2020 9:07 PM ethan Trader808, great sharing. Indeed it happen all the time for those stock with many call warrant, like tnb, takaful etc. So trader808 hypothesis could be correct, and if we able to trade it factor in the risk, the reward could be very good for short period of time. 31/12/2020 12:40 AM Young1 trader 808, sorry i miss your post. could you please re-post it again? thanks. 04/01/2021 3:57 PM ethan It is coming again to challenge the new high. Target to break thru and may break RM1.70 before the dividend ex-date!! Gogogo. Beside, lately spotted 2 gems, one is petgas and amway. May discuss in the respective group. 06/01/2021 12:10 PM ethan Sigh, quite a huge drop compare to the CPO future. I am accumulating more and treat it as the opportunity for bigger gain. 29/01/2021 9:48 PM ethan When the boss is buying in own share, and with FCPO future is at 3,919.00 for Feb 21, and 3,618.00 for March 21, strong believe that the price setback is just temporary. 05/02/2021 12:53 PM newbie2y i think the main reason was India, being major importer, has increased their import duties on palm oil, effective feb 2021... 10/02/2021 10:44 PM trader808 Unlike IOI which has upstream and downstream industries, KM financial performance is quite straight forward. You can track it in advance with reasonable accuracy by monitoring its monthly output performance that has been announced in Bursa. Here are the numbers 3Q 4Q % Diff FFB 68990 56355 (18.3% ) CPO 75497 56274 (25.4%) PK 19187 12913 (32.6%) profit 33.16 ??? KM will announce its 4Q result in march. Basing on these numbers, it is quite unlikely to match 3Q performance. 13/02/2021 3:58 PM  paperplane seems like mkt mis the PLANTATION , now reprice. all results of plantation superb 16/02/2021 10:50 AM ChongLeeWoon High CPO prices directly benefit plantation companies but share price laggard... look at suppliers of plantation companies, the agrochem companies such as Ancom and Hextar, all engine started and flying up! https://klse.i3investor.com/blogs/ancom4758/2021-02-25-story-h1541264156-ANCOM_THE_NEXT_SUGAR_BABY_OF_BURSA.jsp 28/02/2021 6:56 PM Dragon88 share price of plantation counters will eventually catch up with the CPO price. 11/03/2021 9:22 AM gankc2011 Its share price should climb higher with higher earnings which would results in higher profit. Cash rich company with low debt and dishes out good dividend yield. 18/03/2021 1:11 PM wongck Q4 result holding back, request for extension for 1 month due to covid19 pandemic. Other company able to do meet dateline or even earlier. Unlike in this past Qtr result announced promptly. Keep the good practices to give confidence to investors to trust the company's management team 01/04/2021 2:10 AM  benlim KIM LOONG RESOURCES BERHAD ("KLRB') OR ("THE COMPANY") EXTENSION OF TIME FOR ISSUANCE OF QUARTERLY REPORT FOR THE YEAR ENDED 31 JANUARY 2021 https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3142945 02/04/2021 1:44 PM UndukNgadau Quarterly rpt on consolidated results for the financial period ended 31/01/2021 | https://www.klsescreener.com/v2/announcements/view/3343349 16/04/2021 6:05 PM UndukNgadau From quarter result: Revenue of RM5.13 million has been generated from supplying power to TNB grid for the current year-to-date. 16/04/2021 6:12 PM Johnzhang The company is very generous to pay dividend. For FY 2020 payout 100%. 10/05/2021 10:41 PM Johnzhang FY 21 earning can easily surpass 20 sen per share . If 100% payout is practice, we can expect 20 sen dividend. 10/05/2021 10:45 PM  focusinvesting amongst the small cap plantation stocks, Kim Loong is likely the best. https://myfocusinvesting.com/index.php/2021/07/11/how-to-analyze-plantation-stocks-2/ 17/07/2021 11:41 PM Young1 Looks like ESG is putting lot of weights on plantation stocks. Obviously, US is playing on force labour issue to justify for their high premium price delta between soy oil and palm oil as we never see this force labour issues being so dramatize in the pass until lately; just like glove sector. Sadly, many institutions and fund managers; including our local institutions are also singing along with this but neglecting the fact that: 1. Palm oil is the most efficient vegetable oil per hectare in the world. (8 times more efficient than soy oil, the major competitor for palm oil) 2. The recent published "Palm Oil - Global Market Trajectory & Analytics" report has indicated that palm oil market will be growing at 5% CAGR from 2020 to 2026. 3. Palm oil is most widely used vegetable oil ranging from all range of product in supermarkets due to its temperature stability. 4. Land used (allowed) for palm trees is plateauing with Malaysia limits at around 5.8 million Hectare and Indonesia at around 15 million hectare. 5. Climate change is not going away and there will continue to have volatile weather like extreme hot and dry weathers recently in Latin America and now in most of corn belt region in USA. These will seriously affecting the yield of soybeans and other vegetable oil such as corn and rapeseed as they are more sensitive to weather changes but not so for palm trees. So, CPO price will continue to be at elevated level in the coming years as demand is growing and supply will be limited due to caps put up by both Malaysia and Indonesia governments on lands to be used for palm oil. As long as CPO price are at RM2200 and above, well managed plantations companies will be making profit. Investing in plantation stocks needs a long term view that you just want to have better returns than your FD interest rate and relative stable capital fluctuations. So, good and consistent dividend yield shall be primary consideration and capital gain shall be secondary. At current price level, there are numbers of plantation stocks that gave you 7% to 9% dividend if you have bought it 10 months ago. With this mindset, you will be able to slept at ease when you put your money in plantation stocks. :) Happy investing and have nice weekend. 30/07/2021 8:56 PM  calvintaneng See this https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/2021-08-01-story-h1568905155-Calvin_s_Sunday_Sharing_Bible_Investment_Ideas_about_Vege_Oil_from_Prop.jsp 01/08/2021 8:57 PM SEE_Research From SEE_ Research " CRAZY AMOUNT OF SHARES BOUGHT , " NON STOP BUYING ORDERS " another IJM Plantation --- T ENACIOUS S AMSON H ERCULES ( TSH ) sub total : number of TSH shares bought from 1 March 2021 to 1 September 2021 = 21,850 ,000 shares ( 21,850 lots X average prices RM 1.08 = RM 23,598,000.00 almost RM 23.6 millions onwards ========================================================================== REAL MOTIVES OF INSIDER IS BUYING A potential indicator of a stock’s future performance is the level of stock that insiders are buying. In this context, an insider is an employee of the company, usually, a high-level executive (e.g. CEO, CFO, COO) or it can be a hedge fund that is providing capital. Their access to non-public information puts more weight on their buying and selling decisions. With that in mind, it’s important to note that insiders may sell shares of stock for many reasons. However, they only buy for one reason. That is, they believe that information is going to be released that will boost the stock price in the near future. Or , the next step is to take the company into serious consideration for private exercise. Let us endeavour to find the REAL MOTIVES & OBJECTIVES OF THE TOP MANAGEMENT - AT CHAIRMAN LEVEL - KELVIN TAN AIK PEN ---- MASSIVE CONTINUOUS BUYING ORDERS (FROM 1 MARCH 2021 TO 1 SEPTEMBER 2021 ) NOT MORE THAN 132 TRADING DAYS ON TSH SHARES . sub total : number of TSH shares bought from 1 March 2021 to 1 September 2021 = 21,850 ,000 shares ( 21,850 lots X average prices RM 1.08 = RM 23,598,000.00 almost RM 23.6 millions on wards THERE ARE NO INSIDERS FROM OTHER COMPANIES BUYING SO MASSIVE SHARES IN THEIR COMPANIES IN KLSE. Please note at this current time the KLSE market conditions are not favourable in view of political uncertainties and also the economic conditions , coupled with the cases of Covid -19 are on the increase thus creating poor sentiments in KLSE. =========================================================================== https://klse.i3investor.com/blogs/see_research/2021-09-02-story-h15706... =========================================================================== 02/09/2021 8:00 AM  | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
