Highlights
KLSE: SIMEPLT (5285)       SIME DARBY PLANTATION BERHAD MAIN : Plantations
Last Price Today's Change   Day's Range   Trading Volume
4.43   -0.03 (0.67%)  4.38 - 4.48  2,402,800
Analyze this stock with MQ Trader system

Overview

Market Cap: 30,128 Million
NOSH: 6,801 Million
Avg Volume (4 weeks):4,916,931
4 Weeks Range:4.38 - 5.32
4 Weeks Price Volatility (%):
5.32%
52 Weeks Range:4.38 - 6.00
52 Weeks Price Volatility (%):
3.09%
Average Price Target: 5.12
Price Target Upside/Downside: +0.69

Financial Highlight

Latest Quarter | Ann. Date 30-Jun-2018 [#4]  |  30-Aug-2018
Next QR | Est. Ann. Date: 30-Sep-2018  |  16-Nov-2018
T4Q P/E | EY: 17.45  |  5.73%
T4Q DY | Payout %: 3.95%  |  68.92%
T4Q NAPS | P/NAPS: 2.01  |  2.20
T4Q NP Margin | ROE: 13.12%  |  12.63%

Headlines

Date Subject
11-Dec-2018 Plantation - Palm oil stock building up
06-Dec-2018 热门股:森那美种植上挑RM4.90
26-Nov-2018 SD Plantation - 3M18: Results Below Expectations
26-Nov-2018 Sime Darby Plantation - Earnings Below Expectation
26-Nov-2018 Sime Darby Plantation - Hit By a Sharp Decline in CPO Prices
26-Nov-2018 SD Plantation - Sharper-than-expected QoQ fall in upstream profits
26-Nov-2018 Sime Darby Plantation - A Major Miss
26-Nov-2018 Sime Darby Plantation - A weak start to FY19
11-Oct-2018 Plantation - Rise in Inventory
20-Sep-2018 Sime Darby Plantation streamlines minimum wages across Malaysian operations
05-Sep-2018 森那美种植 目标价上修
03-Sep-2018 Sime Darby Plantation Berhad - Earnings Beat Our Expectation
03-Sep-2018 Sime Darby Plantation - Led By a Sharp Decline in Finance Cost
03-Sep-2018 Sime Darby Plantation Bhd - FY18 Within Expectations
03-Sep-2018 Sime Darby Plantation - Results in Line With Special Dividend Surprise
27-Aug-2018 中愿扩棕油进口‧森种植与中企合作可期
24-Aug-2018 Sime Darby Plantation - Buys land in PNG for RM260.7mil
24-Aug-2018 Sime Darby Plantation Berhad - Expanding Plantation Land in Papua New Guinea
24-Aug-2018 Sime Darby Plantation - Acquires Landbank in Papua New Guinea
20-Aug-2018 PublicInvest Research Headlines - 20 Aug 2018

Business Background

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  2 people like this.
 
martinam @ Paktua, Mr who very famous ah tut tut.
11/12/2017 16:49
speakup Paper profit rm4,081
12/12/2017 10:10
speakup 5,000,000 shares cross traded @ 5.38
12/12/2017 12:09
Traderkkk When we get dividend
14/12/2017 19:10
swissvillage Kesm is good buy. Good semiconductor stock with a low P/E.
18/12/2017 08:39
paktua73 old man hold since 4.70
will hold until 8.00
tut tut
20/12/2017 09:40
paktua73 old man sold 35k unit share on hand at 5.44
just left balance 65k unit on hand
take profit a bit
old man always uturn
and always lie one
tut tut
20/12/2017 10:21
Ring http://www.theedgemarkets.com/article/felda-could-lose-jalan-semarak-land-worth-rm200m-says-report
21/12/2017 17:07
paktua73 old man sold 15k unit share on hand at 5.49
just left balance 50k unit on hand
take profit a bit
tut tut
28/12/2017 12:31
Junichiro The Edge FD gave est of Sime Plt's 2018 EPS as 20.5 cts & div to be 14 to 15 cts
03/01/2018 19:22
ykloh 2015 to 2017 eps must be based on 600m share. the present shares o/s is 6,800m!
03/01/2018 23:43
wilsonchan87 thanks for the correction.
04/01/2018 07:25
Shahrizal Sukri waiting for 2nd wave...should be in 2nd session. accumulating phase now
04/01/2018 11:38
Hh5519 sime up up up, plantation follows up up up
04/01/2018 16:53
Shahrizal Sukri now simeplt turn to climb high like sime.!!
05/01/2018 10:45
Orange88 Post removed. Why?
05/01/2018 11:26
Orange88 Remember No Sime 3 Adik Beradik No Amanh Saham No Malaysia Bole Land
05/01/2018 11:27
Orange88 Post removed. Why?
05/01/2018 11:27
Orange88 Post removed. Why?
05/01/2018 11:27
Ring http://www.theedgemarkets.com/article/sime-darby-plantation-largest-planter-malaysia
05/01/2018 14:19
jeccy http://www.theedgemarkets.com/article/malaysia-suspend-export-tax-palm-oil-three-months
05/01/2018 17:16
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 18:55
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
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
Championmbsbnsimecw Old news dick
22/02/2018 22:34
abcdefg previously the oil price was high so it need biofuel, now it really not necessary with abundant oil production esp. shale oil.. so what's problem???
22/02/2018 22:45
hellbender dividend is crap. 3.5cents. goodness... Thought it is main contributor to Sime Group.
23/02/2018 09:43
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 09:57
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
antonyjason simeprop dividend is among the best compare with sime plant and sime
26/02/2018 20:52
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 19:48
paktua73 old man sold all 50 k a bit by a bit from 5.63,5.62,5.60
tut tut
13/03/2018 09:59
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 15:24
Ring http://klse.i3investor.com/m/blog/underBNdiamdiamsaja/165953.jsp
18/07/2018 22:14
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 22:19
Ring http://klse.i3investor.com/m/blog/savemalaysia/166061.jsp
19/07/2018 17:49
Ring As i said, current yield of 20mt should be increased to 23mt/ha/annum otherwise in trouble
19/07/2018 17:51
Ring http://www.theborneopost.com/2018/07/21/sst-2-0-to-have-muted-impact-on-plantations/
22/07/2018 14:48
cpo_ Mohd Bakke Salleh to be named Chairman Of Palm Oil Board – report
04/08/2018 01:43
Ring http://www.theborneopost.com/2018/08/06/the-acca-qualification/
06/08/2018 17:30
Lim Tek Wai Never regret
09/08/2018 11:35
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 09:39
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 15:42
brucewayne77141 Any comment on the qr?
30/08/2018 13:47
BN_better Profit drop 89% good?
23/11/2018 13:31
BN_better <RM 5 at 2.30pm?
23/11/2018 13:32
zerocool7199 Omg profit drop 89%??monday what will happen?
24/11/2018 07:33
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
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 16:14
BN_better Blame Bakke or blame PH govn more correct for slumping share price?
06/12/2018 09:38


 

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