Highlights
KLSE: BKAWAN (1899)       BATU KAWAN BHD MAIN : Plantations
Last Price Today's Change   Day's Range   Trading Volume
17.30   -0.02 (0.12%)  17.30 - 17.30  33,700
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Financials


Market Cap: 7,542 Million

Market Cap 7,542 Million
NOSH 436 Million

Latest Audited Result:  30-Sep-2018

Latest Audited Result: 30-Sep-2018
Announcement Date 31-Dec-2018
Next Audited Result: 30-Sep-2019
Est. Ann. Date: 31-Dec-2019
Est. Ann. Due Date: 28-Mar-2020

Latest Quarter:  30-Sep-2018 [#4]

Latest Quarter: 30-Sep-2018 [#4]
Announcement Date 14-Nov-2018
Next Quarter: 31-Dec-2018
Est. Ann. Date: 12-Feb-2019
Est. Ann. Due Date: 01-Mar-2019
QoQ | YoY   -33.17%  |    -50.87%

Annual (Unaudited) ( EPS: 106.77, P/E: 16.20 )

Revenue | NP to SH 18,966,357  |  465,476
RPS | P/RPS 4,350.57 Cent  |  0.40
EPS | P/E | EY 106.77 Cent  |  16.20  |  6.17%
DPS | DY | Payout % 13.81 Cent  |  0.80%  |  12.93%
NAPS | P/NAPS 15.13  |  1.14
YoY   -20.65%
NP Margin | ROE 4.88%  |  7.06%
F.Y. | Ann. Date 30-Sep-2018  |  14-Nov-2018

T4Q Result ( EPS: 106.77, P/E: 16.20 )

Revenue | NP to SH 18,966,357  |  465,476
RPS | P/RPS 4,350.57 Cent  |  0.40
EPS | P/E | EY 106.77 Cent  |  16.20  |  6.17%
DPS | DY | Payout % 13.82 Cent  |  0.80%  |  12.95%
NAPS | P/NAPS 15.13  |  1.14
QoQ | YoY   -13.68%  |    -20.65%
NP Margin | ROE 4.88%  |  7.06%
F.Y. | Ann. Date 30-Sep-2018  |  14-Nov-2018

Annualized Result ( EPS: 106.77, P/E: 16.20 )

Revenue | NP to SH 18,966,357  |  465,476
RPS | P/RPS 4,350.57 Cent  |  0.40
EPS | P/E | EY 106.77 Cent  |  16.20  |  6.17%
DPS | DY | Payout % -
NAPS | P/NAPS -
QoQ | YoY   -11.45%  |    -20.65%
NP Margin | ROE 4.88%  |  7.06%
F.Y. | Ann. Date 30-Sep-2018  |  14-Nov-2018


Hints :
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Date Financial Result Financial Ratio Per Share Item Performance Valuation (End of Quarter) Valuation (Ann. Date)
F.Y. Ann. Date Quarter # Revenue PBT NP NP to SH Div Net Worth Div Payout % NP Margin ROE NOSH RPS Adj. RPS EPS Adj. EPS DPS Adj. DPS NAPS Adj. NAPS QoQ YoY EOQ Date EOQ Price EOQ P/RPS EOQ P/EPS EOQ P/NAPS EOQ EY EOQ DY ANN Date ANN Price ANN P/RPS ANN P/EPS ANN P/NAPS ANN EY ANN DY
30-Sep-2018 14-Nov-2018 30-Sep-2018 4 18,966,357 1,276,705 925,681 465,476 60,265 6,596,254 12.95% 4.88% 7.06% 401,232 4,727.03 4,350.57 116.01 106.77 15.00 13.82 16.4400 15.13   -13.68%   -20.65% 28-Sep-2018 17.00 0.36 14.65 1.03 6.82% 0.88% 14-Nov-2018 16.86 0.36 14.53 1.03 6.88% 0.89%
30-Sep-2018 14-Aug-2018 30-Jun-2018 3 19,945,581 1,500,706 1,097,560 539,248 242,111 6,495,072 44.90% 5.50% 8.30% 401,426 4,968.68 4,575.19 134.33 123.69 60.00 55.54 16.1800 14.90   5.03%   -15.26% 29-Jun-2018 17.90 0.36 13.33 1.11 7.50% 3.35% 14-Aug-2018 17.28 0.35 12.86 1.07 7.77% 3.47%
30-Sep-2018 16-May-2018 31-Mar-2018 2 20,485,831 1,479,832 1,061,992 513,439 242,111 6,376,121 47.15% 5.18% 8.05% 401,772 5,098.87 4,699.11 127.79 117.77 60.00 55.54 15.8700 14.63   -9.45%   -27.08% 30-Mar-2018 18.10 0.35 14.16 1.14 7.06% 3.31% 16-May-2018 18.40 0.36 14.40 1.16 6.95% 3.26%
30-Sep-2018 12-Feb-2018 31-Dec-2017 1 21,260,048 1,595,088 1,166,360 567,002 242,569 6,635,955 42.78% 5.49% 8.54% 402,423 5,283.01 4,876.71 140.90 130.06 60.00 55.64 16.4900 15.22   -3.35%   -10.73% 29-Dec-2017 19.60 0.37 13.91 1.19 7.19% 3.06% 12-Feb-2018 19.48 0.37 13.83 1.18 7.23% 3.08%
30-Sep-2017 22-Nov-2017 30-Sep-2017 4 21,548,322 1,622,131 1,198,723 586,646 242,569 6,720,215 41.35% 5.56% 8.73% 404,102 5,332.40 4,942.83 145.17 134.57 60.00 55.64 16.6300 15.42   -7.81%   -28.91% 29-Sep-2017 19.12 0.36 13.17 1.15 7.59% 3.14% 22-Nov-2017 19.80 0.37 13.64 1.19 7.33% 3.03%
30-Sep-2017 15-Aug-2017 30-Jun-2017 3 20,907,819 1,457,466 1,321,920 636,371 223,002 6,612,741 35.04% 6.32% 9.62% 404,449 5,169.46 4,795.91 157.34 145.97 55.00 51.15 16.3500 15.17   -9.61%   -14.67% 30-Jun-2017 18.90 0.37 12.01 1.16 8.33% 2.91% 15-Aug-2017 19.00 0.37 12.08 1.16 8.28% 2.89%
30-Sep-2017 22-May-2017 31-Mar-2017 2 19,938,397 1,566,941 1,465,542 704,065 223,002 6,631,049 31.67% 7.35% 10.62% 404,826 4,925.18 4,573.54 173.92 161.50 55.00 51.15 16.3800 15.21   10.84%   -3.41% 31-Mar-2017 19.38 0.39 11.14 1.18 8.97% 2.84% 22-May-2017 18.40 0.37 10.58 1.12 9.45% 2.99%
30-Sep-2017 14-Feb-2017 31-Dec-2016 1 18,148,912 1,397,728 1,336,120 635,185 223,177 6,452,988 35.14% 7.36% 9.84% 405,084 4,480.28 4,163.06 156.80 145.70 55.00 51.19 15.9300 14.80   -23.02%   -15.92% 30-Dec-2016 18.40 0.41 11.73 1.16 8.52% 2.99% 14-Feb-2017 19.80 0.44 12.63 1.24 7.92% 2.78%
30-Sep-2016 16-Nov-2016 30-Sep-2016 4 16,969,251 1,822,586 1,776,895 825,168 223,177 6,089,494 27.05% 10.47% 13.55% 405,695 4,182.75 3,892.47 203.40 189.28 55.00 51.19 15.0100 13.97   10.65%   70.19% 30-Sep-2016 18.18 0.43 8.94 1.21 11.19% 3.03% 16-Nov-2016 18.30 0.44 9.00 1.22 11.11% 3.01%
30-Sep-2016 17-Aug-2016 30-Jun-2016 3 16,350,165 1,832,158 1,558,465 745,766 203,536 5,755,459 27.29% 9.53% 12.96% 405,885 4,028.27 3,750.46 183.74 171.07 50.00 46.69 14.1800 13.20   2.31%   62.00% 30-Jun-2016 17.80 0.44 9.69 1.26 10.32% 2.81% 17-Aug-2016 17.96 0.45 9.77 1.27 10.23% 2.78%
30-Sep-2016 16-May-2016 31-Mar-2016 2 15,945,840 1,809,589 1,533,416 728,955 203,536 5,716,443 27.92% 9.62% 12.75% 405,997 3,927.57 3,657.71 179.55 167.21 50.00 46.69 14.0800 13.11   -3.50%   65.97% 31-Mar-2016 18.30 0.47 10.19 1.30 9.81% 2.73% 16-May-2016 17.62 0.45 9.81 1.25 10.19% 2.84%
30-Sep-2016 17-Feb-2016 31-Dec-2015 1 15,291,020 1,861,909 1,573,959 755,412 203,858 5,944,124 26.99% 10.29% 12.71% 406,296 3,763.51 3,507.51 185.93 173.28 50.00 46.76 14.6300 13.63   55.81%   56.88% 31-Dec-2015 17.50 0.46 9.41 1.20 10.62% 2.86% 17-Feb-2016 17.80 0.47 9.57 1.22 10.45% 2.81%
30-Sep-2015 18-Nov-2015 30-Sep-2015 4 14,055,308 1,241,522 970,468 484,840 203,858 5,623,963 42.05% 6.90% 8.62% 407,533 3,448.87 3,224.06 118.97 111.21 50.00 46.76 13.8000 12.90   5.32%   -7.04% 30-Sep-2015 16.78 0.49 14.10 1.22 7.09% 2.98% 18-Nov-2015 17.56 0.51 14.76 1.27 6.78% 2.85%
30-Sep-2015 19-Aug-2015 30-Jun-2015 3 12,883,345 1,231,148 955,312 460,337 246,251 5,175,931 53.49% 7.42% 8.89% 407,874 3,158.65 2,955.23 112.86 105.59 60.00 56.49 12.6900 11.87   4.81%   -17.22% 30-Jun-2015 18.22 0.58 16.14 1.44 6.19% 3.29% 19-Aug-2015 17.82 0.56 15.79 1.40 6.33% 3.37%
30-Sep-2015 20-May-2015 31-Mar-2015 2 12,263,692 1,195,719 916,669 439,203 246,251 4,963,020 56.07% 7.47% 8.85% 408,143 3,004.75 2,813.09 107.61 100.75 60.00 56.49 12.1600 11.38   -8.79%   -21.02% 31-Mar-2015 18.24 0.61 16.95 1.50 5.90% 3.29% 20-May-2015 18.18 0.61 16.89 1.50 5.92% 3.30%
30-Sep-2015 16-Feb-2015 31-Dec-2014 1 12,127,374 1,325,727 1,026,981 481,528 246,963 4,869,338 51.29% 8.47% 9.89% 408,501 2,968.75 2,781.82 117.88 110.45 60.00 56.65 11.9200 11.17   -7.67%   -4.04% 31-Dec-2014 17.34 0.58 14.71 1.45 6.80% 3.46% 16-Feb-2015 18.72 0.63 15.88 1.57 6.30% 3.21%
30-Sep-2014 19-Nov-2014 30-Sep-2014 4 11,499,664 1,417,281 1,106,715 521,546 246,963 4,658,635 47.35% 9.62% 11.20% 411,177 2,796.77 2,637.83 126.84 119.63 60.00 56.65 11.3300 10.69   -6.21%   7.82% 30-Sep-2014 19.10 0.68 15.06 1.69 6.64% 3.14% 19-Nov-2014 18.48 0.66 14.57 1.63 6.86% 3.25%
30-Sep-2014 20-Aug-2014 30-Jun-2014 3 11,132,384 1,519,096 1,194,377 556,102 228,006 4,663,993 41.00% 10.73% 11.92% 411,649 2,704.33 2,553.59 135.09 127.56 55.00 52.30 11.3300 10.70   0.00%   -1.52% 30-Jun-2014 19.80 0.73 14.66 1.75 6.82% 2.78% 20-Aug-2014 19.66 0.73 14.55 1.74 6.87% 2.80%
30-Sep-2014 21-May-2014 31-Mar-2014 2 10,369,043 1,467,489 1,185,129 556,087 228,006 4,789,570 41.00% 11.43% 11.61% 412,894 2,511.31 2,378.49 134.68 127.56 55.00 52.30 11.6000 10.99   10.82%   -2.99% 31-Mar-2014 19.70 0.78 14.63 1.70 6.84% 2.79% 21-May-2014 19.78 0.79 14.69 1.71 6.81% 2.78%
30-Sep-2014 19-Feb-2014 31-Dec-2013 1 9,653,428 1,318,016 1,067,174 501,788 228,406 4,715,364 45.52% 11.05% 10.64% 413,628 2,333.84 2,214.34 121.31 115.10 55.00 52.39 11.4000 10.82   3.74%   -12.94% 31-Dec-2013 19.60 0.84 16.16 1.72 6.19% 2.81% 19-Feb-2014 20.00 0.86 16.49 1.75 6.07% 2.75%
30-Sep-2013 20-Nov-2013 30-Sep-2013 4 9,466,245 1,285,791 1,032,434 483,709 228,406 3,994,051 47.22% 10.91% 12.11% 415,182 2,280.02 2,171.40 116.51 110.95 55.00 52.39 9.6200 9.16   -14.34%   -20.14% 30-Sep-2013 18.50 0.81 15.88 1.92 6.30% 2.97% 20-Nov-2013 20.00 0.88 17.17 2.08 5.83% 2.75%
30-Sep-2013 20-Aug-2013 30-Jun-2013 3 7,050,192 1,138,650 964,439 564,676 270,770 3,833,276 47.95% 13.68% 14.73% 415,306 1,697.59 1,617.20 135.97 129.53 65.00 62.11 9.2300 8.79   -1.50%   -11.12% 28-Jun-2013 18.70 1.10 13.75 2.03 7.27% 3.48% 20-Aug-2013 18.26 1.08 13.43 1.98 7.45% 3.56%
30-Sep-2013 22-May-2013 31-Mar-2013 2 4,876,558 1,013,679 859,352 573,253 270,770 3,810,675 47.23% 17.62% 15.04% 415,558 1,173.49 1,118.60 137.95 131.49 65.00 62.11 9.1700 8.74   -0.55%   -21.12% 29-Mar-2013 18.10 1.54 13.12 1.97 7.62% 3.59% 22-May-2013 19.10 1.63 13.85 2.08 7.22% 3.40%
30-Sep-2013 20-Feb-2013 31-Dec-2012 1 2,651,914 830,288 734,320 576,395 270,969 3,897,656 47.01% 27.69% 14.79% 415,971 637.52 608.31 138.57 132.22 65.00 62.16 9.3700 8.94   -4.84%   -27.89% 31-Dec-2012 19.00 2.98 13.71 2.03 7.29% 3.42% 20-Feb-2013 18.58 2.91 13.41 1.98 7.46% 3.50%
30-Sep-2012 21-Nov-2012 30-Sep-2012 4 336,541 625,644 611,943 605,687 270,969 3,735,179 44.74% 181.83% 16.22% 416,872 80.73 77.20 145.29 138.93 65.00 62.16 8.9600 8.57   -4.66%   -22.29% 28-Sep-2012 18.00 22.30 12.39 2.01 8.07% 3.61% 21-Nov-2012 17.74 21.97 12.21 1.98 8.19% 3.66%
30-Sep-2012 29-Aug-2012 30-Jun-2012 3 324,087 642,879 643,107 635,297 396,994 3,576,451 62.49% 198.44% 17.76% 416,835 77.75 74.34 152.41 145.73 95.00 91.06 8.5800 8.20   -12.58%   -8.16% 29-Jun-2012 18.38 23.64 12.06 2.14 8.29% 5.17% 29-Aug-2012 18.96 24.39 12.44 2.21 8.04% 5.01%
30-Sep-2012 24-May-2012 31-Mar-2012 2 314,528 734,774 735,080 726,744 396,994 3,668,631 54.63% 233.71% 19.81% 416,889 75.45 72.15 174.33 166.70 95.00 91.06 8.8000 8.42   -9.08%   6.51% 30-Mar-2012 18.68 24.76 10.72 2.12 9.33% 5.09% 24-May-2012 17.90 23.73 10.27 2.03 9.74% 5.31%
30-Sep-2012 22-Feb-2012 31-Dec-2011 1 301,251 807,396 808,202 799,349 397,243 3,802,298 49.70% 268.28% 21.02% 416,918 72.26 69.10 191.73 183.36 95.00 91.12 9.1200 8.72   2.55%   33.25% 30-Dec-2011 17.46 24.16 9.11 1.91 10.98% 5.44% 22-Feb-2012 18.80 26.02 9.81 2.06 10.20% 5.05%
30-Sep-2011 23-Nov-2011 30-Sep-2011 4 283,140 785,356 787,323 779,468 397,243 3,679,067 50.96% 278.07% 21.19% 418,075 67.72 64.95 186.44 178.80 95.00 91.12 8.8000 8.44   12.69%   37.36% 30-Sep-2011 14.96 22.09 8.02 1.70 12.46% 6.35% 23-Nov-2011 16.20 23.92 8.69 1.84 11.51% 5.86%
30-Sep-2011 16-Aug-2011 30-Jun-2011 3 266,150 703,866 695,922 691,718 274,212 3,530,562 39.64% 261.48% 19.59% 418,313 63.62 61.05 165.36 158.67 65.00 62.90 8.4400 8.10   1.38%   31.63% 30-Jun-2011 17.12 26.91 10.35 2.03 9.66% 3.80% 16-Aug-2011 15.86 24.93 9.59 1.88 10.43% 4.10%
30-Sep-2011 25-May-2011 31-Mar-2011 2 248,533 692,265 685,451 682,297 274,212 3,310,743 40.19% 275.80% 20.61% 418,551 59.38 57.01 163.01 156.51 65.00 62.90 7.9100 7.59   13.74%   60.08% 31-Mar-2011 15.24 25.67 9.35 1.93 10.70% 4.27% 25-May-2011 16.22 27.32 9.95 2.05 10.05% 4.01%
30-Sep-2011 23-Feb-2011 31-Dec-2010 1 234,227 606,241 601,470 599,892 275,235 3,342,179 45.88% 256.79% 17.95% 418,819 55.93 53.73 143.23 137.61 65.00 63.13 7.9800 7.67   5.72%   46.56% 30-Dec-2010 16.90 30.22 11.80 2.12 8.48% 3.85% 23-Feb-2011 15.98 28.57 11.16 2.00 8.96% 4.07%
30-Sep-2010 29-Nov-2010 30-Sep-2010 4 224,426 572,504 569,195 567,452 275,235 3,158,755 48.50% 253.62% 17.96% 422,858 53.07 51.48 134.19 130.16 65.00 63.13 7.4700 7.25   7.98%   68.21% 30-Sep-2010 12.28 23.14 9.15 1.64 10.93% 5.29% 29-Nov-2010 15.60 29.39 11.62 2.09 8.60% 4.17%
30-Sep-2010 18-Aug-2010 30-Jun-2010 3 223,085 535,244 528,106 525,508 191,685 3,108,117 36.48% 236.73% 16.91% 424,026 52.61 51.17 123.93 120.54 45.00 43.97 7.3300 7.13   23.29%   45.57% 30-Jun-2010 10.80 20.53 8.71 1.47 11.48% 4.17% 18-Aug-2010 11.60 22.05 9.36 1.58 10.68% 3.88%
30-Sep-2010 26-May-2010 31-Mar-2010 2 229,512 431,698 427,070 426,221 191,685 3,007,396 44.97% 186.08% 14.17% 425,374 53.96 52.65 100.20 97.77 45.00 43.97 7.0700 6.90   4.13%   12.12% 31-Mar-2010 10.68 19.79 10.66 1.51 9.38% 4.21% 26-May-2010 10.40 19.28 10.38 1.47 9.63% 4.33%
30-Sep-2010 24-Feb-2010 31-Dec-2009 1 224,659 416,061 410,995 409,316 170,535 3,073,247 41.66% 182.94% 13.32% 425,657 52.78 51.53 96.16 93.89 40.00 39.12 7.2200 7.05   21.33%   0.11% 31-Dec-2009 10.28 19.48 10.69 1.42 9.35% 3.89% 24-Feb-2010 10.08 19.10 10.48 1.40 9.54% 3.97%
30-Sep-2009 24-Nov-2009 30-Sep-2009 4 238,148 350,716 341,687 337,348 170,535 2,958,282 50.55% 143.48% 11.40% 426,265 55.87 54.63 79.14 77.38 40.00 39.12 6.9400 6.79   -6.55%   -33.27% 30-Sep-2009 9.26 16.57 11.70 1.33 8.55% 4.32% 24-Nov-2009 10.12 18.11 12.79 1.46 7.82% 3.95%
30-Sep-2009 26-Aug-2009 30-Jun-2009 3 277,835 376,233 367,244 361,010 253,959 2,814,369 70.35% 132.18% 12.83% 426,419 65.16 63.73 84.66 82.81 59.00 58.25 6.6000 6.46   -5.03%   -28.66% 30-Jun-2009 8.85 13.58 10.45 1.34 9.57% 6.67% 26-Aug-2009 9.30 14.27 10.99 1.41 9.10% 6.34%
30-Sep-2009 27-May-2009 31-Mar-2009 2 288,502 401,333 389,642 380,134 253,959 2,708,666 66.81% 135.06% 14.03% 426,561 67.63 66.18 89.12 87.20 59.00 58.25 6.3500 6.21   -7.02%   -17.25% 31-Mar-2009 8.00 11.83 8.98 1.26 11.14% 7.37% 27-May-2009 8.80 13.01 9.87 1.39 10.13% 6.70%
30-Sep-2009 18-Feb-2009 31-Dec-2008 1 298,874 429,695 418,723 408,852 276,093 2,819,752 67.53% 140.10% 14.50% 426,588 70.06 68.56 95.84 93.78 64.00 63.33 6.6100 6.47   -19.13%   -0.01% 31-Dec-2008 7.90 11.28 8.24 1.20 12.13% 8.10% 18-Feb-2009 8.40 11.99 8.76 1.27 11.41% 7.62%

PBT = Profit before Tax, NP = Net Profit, NP to SH = Net Profit Attributable to Shareholder, Div = Dividend, NP Margin = Net Profit Margin, ROE = Return on Equity, NOSH = Number of Shares, RPS = Revenue per Share, EPS = Earning Per Share, DPS = Dividend Per Share, NAPS = Net Asset Per Share, EOQ = End of Quarter, ANN = Announcement, P/RPS = Price/Revenue per Share, P/EPS = Price/Earning per Share, P/NAPS = Price/Net Asset per Share, EY = Earning Yield, DY = Dividend Yield.


NOSH is estimated based on the NP to SH and EPS. Div is an estimated figure based on the DPS and NOSH. Net Worth is an estimated figure based on the NAPS and NOSH.

Div Payout %, NP Margin, ROE, DY, QoQ Δ & YoY Δ figures in Percentage; RPS, EPS & DPS's figures in Cent; and NAPS's figures in Dollar.

All figures in '000 unless specified.


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  fazil3801 likes this.
 
nikicheong What is the point of a company like Batu Kawan? It just owns other businesses like KLK and not running its own operations.

Also it owns 47% of KLK, it doesn't even worth that much based on market cap, how come?
24/04/2017 22:17
sosfinance Batu Kawan is undervalued. It does has its own biz (please check carefully, its own plantation and manufacturing), but small compared to KLK.

KLK's market cap is about RM27b. B.Kawan 47% ownership is about RM12.7b.

BKawan's market cap is RM8.2b @ RM19.00 per share. B.Kawan's existing biz is worth about RM2b (please check). So, BKawan's ownership in KLK will be RM6.2b (8.2 - 2) while it should be reflected at RM12.7b, it is undervalued at RM6.5b (12.7 - 6.2)(far better than the execution risk for IPP under construction, biz in the future, as it is a traded shares).

BKawan DY is about 3.5%.

That is why, the Company buyback as much as RM30m at about RM19+. Plantation is not in the limelight at the moment. Give it some time, it will close the gap. Even if we used the EV/mature ha, it is about RM50-55,000 per ha, it is on the lower band of RM60k - 100k per mature ha for large plantation companies listed.
03/05/2017 12:09
calvintaneng FANTASTIC RESULT

A BULL RUN IN ALL PALM OIL STOCKS ON THE WAY

HIP HIP HOORAY!!!
22/05/2017 23:13
sheldon The main issue plaguing Batu Kawan and the like is the spinners giving a bad name to CPO from the health angle even though it's proven that it's neutral at worst. I consume the cooking oil at home. Obviously the Malaysian eateries use palm oil in their cooking as well. I eat out most of the time and at mid-50s I'm still alive.

Then they pick from the environmental angle. The lobbyists are going all out to paint a negative picture on CPO to probably help the soy industry. It appears that all these so-called good intentions has the same underlying motive - MONEY!
16/07/2017 12:14
sosfinance This stock (BKawan) reminds me of Charlie Munger's Daily Journal investment in Well Fargo in 2009, quietly, and ....... the rest is history.
17/07/2017 14:51
sheldon Feel the awesome power of trade blocks - http://www.thestar.com.my/business/business-news/2017/07/17/malaysia-and-indonesia-may-take-eu-plan-to-curb-palm-oil-imports-to-wto/
17/07/2017 15:36
Stock Kingdom Calvin's prediction on palm oil proved failure again
15/08/2017 19:52
joetay @stock kingdom,

i alrdy gave warning but still got jokers believe in chief joker @calvintaneng and refuse to acknowledge the signs. best is this @chongyu, claim to have 30 yrs experience in plantation industry but actually he doesnt know much after i probe him on fertilizer component prices.
15/08/2017 20:42
Stock Kingdom Calvin, your judgement on palm oil is totally out of way. Not only you don't know how palm oil estates run, you don't know palm oil industry. In fact, you also don't know the relationship between palm oil, soy bean oil, biofuel & crude oil.
17/08/2017 00:34
joetay @stock kingdom,

thats why he is very quiet on palm oil stocks this week.

anyway, those who buy on recommendations/advise do so at their own risks. best is to do own research and intelligence gathering.
17/08/2017 08:24
sheldon Anticipating with glee the usual big dividend announcement in Sep quarterly. Unfortunately it's a long fuse that is paid only in Mar 2018.
12/10/2017 16:19
MWDH SP go up so what? Do they care about Shareholders ?
26/10/2017 07:56
MWDH making more n more money! But div stays the same
26/10/2017 07:57
sheldon These guys that run the show are extremely conservative but I've no complaints.

The low dividend is more than adequately covered by the 7.6% shares bought-back. I have not come across any other PLC with such a significant treasury shareholding.
26/10/2017 12:29
27/10/2017 00:06
sheldon A handsome dividend!
23/11/2017 16:46
888newbie yes. very good management. honest and responsible.
30/11/2017 15:28
sheldon Why DRIP?? Bad move!!
15/01/2018 12:04
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 10:16
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
sheldon I think the underlying motive is partly money. One research said that they should ban butter because the cows that produce the milk which is churned into butter, collectively has a fart that causes massive increases in greenhouse gases.

Would they take such a drastic step to stop consumption and put a lot of farmers into the poor house? No way!!!
04/02/2018 22:59
sheldon Anyone going to the AGM?
07/02/2018 17:15
mf No
08/02/2018 23:16
sheldon I attended the AGM and came out feeling good about the co. According to the chairman, the Europe ban on palm oil in 2021 is only for the diesel content. They would require all members to vote (uncertain as to whether a unanimous or majority consent required).

Any way there's a lot of vested interest at individual country level including Malaysia buying their goods and countries involved in the production of palm diesel. The following report explains the dynamics and reveal some relevant data. Read em..

https://www.transportenvironment.org/sites/te/files/publications/2016_11_Briefing_Palm_oil_use_continues_to_grow.pdf
19/02/2018 22:52
enigmatic why isn't anyone interested in this stock? price is at its lowest this year. it has been consistently paying dividends too, in fact sometimes more than KLK.
24/07/2018 00:59
sheldon KLK is trading at 24++.
Batu Kawan, trading at 17++, enjoyed current quarter profits, YTD profits, PE and dividend yield far better than KLK.
15/08/2018 15:44
sheldon Good to see a lot of share buybacks
23/10/2018 14:50
sheldon How come no dividend announcement?
16/11/2018 10:21
sheldon ok - just checked with the Co - dividend announcement in Dec due to changes in cos act
16/11/2018 10:38
sheldon Looks like shareholders of B Kawan are the strong & silent type. I seem to be the only one raising issues here. I feel like I'm talking to a wall. haha
16/11/2018 11:21
dnlt *sheldon*, Thanks for checking the dividends with the company. KLK too did not announce the dividends yet.
16/11/2018 13:02
Cipta treasury share close to 10%, perhaps BOD can consider distribute it as dividen?
16/11/2018 18:25
sheldon Welcome dnlt.

Cipta - I prefer that the Co cancels the treasury share & go for a capital reduction. Less shares, the better the ROE & EPS.
17/11/2018 15:02
Cipta canceling treasury share may not push up the share price since liquidity becomes lower.
Cancelling treasury share won't create cash to co and shareholders. But distribute it to shareholders will create cash flow to small holders like me. If BKawan distribute 1 treasure for 10 shares, it will be a fat dividends to me. :)
17/11/2018 21:26
sheldon Distribution of treasury shares = bonus shares - it just cuts the cake into smaller pieces. Hence there'll be a drop in share price. Even dividends per share will be much smaller because there'll be too many shares to pay feed dividends.

Share price trades at a relatively fixed multiple to it's earnings. EPS will be diluted and share price will also fall on that basis.

B. Kawan shares after all the painstaking accumulation over the years will be wasted if redistributed.
17/11/2018 22:44
Cipta distribution of treasury share is not bonus issue. The total of share issued is not increase nor diluted EPS.
19/11/2018 09:57
sheldon Actually the effect is like a bonus issue because what was once taken out of circulation is re-issued back to shareholders. The resultant earnings diluted because it is divided by a wider share base.
19/11/2018 16:50
Cipta According to EMH, liquidity will increase the market efficiency. As we can see recently delisted few companies which has low P/E and share price below NAV.
Increase of EPS by cancelling treasury share may not transform to share price close to its actual value. However, distribute it as dividen (if 1 to 10 ratio) will increase its DIY and liquidity. It will create cash flow to shareholders as well.
21/11/2018 18:35
LouiseS The EPS increased 19.7% compared to 2013.
04/12/2018 15:36
sheldon A lot of share buybacks - that's a v good move!
10/12/2018 23:03
Cipta positive way to think: the management view the current price is underestimate the co value.
11/12/2018 14:10
sheldon Also if the co which we own are buying, it's something like we're buying the shares ourselves.
11/12/2018 16:31
Choivo Capital if you value KLK at market value, than yes, it is undervalued.

but i think KLK is way too expensive to begin with. I'll only buy it if it was 50% cheaper.

in which case, not that cheap anymore.
13/12/2018 18:47
sheldon Choivo Capital if you value KLK at market value, than yes, it is undervalued.
but i think KLK is way too expensive to begin with. I'll only buy it if it was 50% cheaper.
in which case, not that cheap anymore.

If you're interested in KLK, then buy Batu Kawan - better value for the earnings
13/12/2018 22:43
Rwkl Sheldon, Choivo is saying KLK is way overpriced and Bkawan is not too far behind.
Anyone going to the AGM.
10/01/2019 19:28
NaasifBaik worth buy in bkawan?
18/01/2019 17:06
neverlose how long can i hold bkawan for?
18/01/2019 17:38
Weeah Wang worth to buy in bkawan?
24/01/2019 15:39
matg Post removed. Why?
24/01/2019 15:45
LouiseS The EPS fluctuated considerably in last five years, from 115 to 203 sen per share, PE around 15, ROE around 6.5% and dividend yield 3.29%

https://louisesinvesting.blogspot.com/2019/01/preliminary-screening-of-counters-with_25.html
26/01/2019 12:49