Highlights
KLSE: INNO (6262)       INNOPRISE PLANTATIONS BHD MAIN : Plantations
Last Price Today's Change   Day's Range   Trading Volume
1.35   0.00 (0.00%)  1.35 - 1.36  51,500
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IPO Info

Key Data:
General Retail Institutional
Offer Period
Opening - - -
Closing - - -
Price
Issue Price - - -
Par Value 0.000 - -
Units - - -
No of Shares
Public Issue - - -
Offer for Sale - - -
Private Placement - - -
Time Table
Allotment Date - - -
Listing Date - - -
Issuing House - - -
ISIN Code - - -
Prospectus:
Abridged Prospectus - Renounceable two-call rights issue of up to 96,230,650 new ordinary shares of RM0.50 each in Innoprise after the Share Split ("Split Share(s)") ("Rights Share(s)") on the basis of one (1) Rights Share for every four (4) Split Shares held as at 5.00 p.m. on Wednesday, 3 February 2016 at an issue price of RM0.50 per Rights Share, of which the First Call of RM0.38 per Rights Share is payable in cash on application and the Second Call of RM0.12 is to be capitalised from Innoprise's share premium and retained earnings account ("Two-Call Rights Issue")
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  2 people like this.
 
shareinvestor88 Is the DY 9pc ?
16/09/2021 6:48 PM
Starship2 If not mistaken, dy is dividend given over the last 4 quarters divided by the market price.. you can get a good idea from i3investor itself..details under stock quote..I feel the recent drop was a over reaction ..to dividends going ex ..and an investor analyst report saying that cpo prices will go down due to over production . We have to bear in mind analysts make a living producing reports ..and quite often their analysis is wrong..but we can pick certain facts from their reports...
17/09/2021 11:58 AM
SEE_Research SEE_Research ===========================================================================

https://klse.i3investor.com/blogs/see_research/2021-10-06-story-h15919...

===========================================================================
SAMSON HERCULES Chan /4316

( LIMIT UP 30 % --- STOCK LIKE SUBUR / 6904 )


Another Subur Tiasa Holdings Bhd / 6904

Potentially, for this coming week ,

starting from 6 October 2021 , onwards


(i)1st Target Price :


RM 0.68 level

( 17 % )



=======================================================================

(ii) 2nd Target Price :

RM 0.89 level

( 50 %)
06/10/2021 1:27 AM
06/10/2021 1:44 AM
calvintaneng TSH IS 2ND TOP HOLDER OF INNOPLANT

https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/2021-10-06-story-h1591934709-3_HOME_GROWN_INDUSTRIES_OF_MALAYSIA_GONE_INTO_BULL_RUN_OGSE_2019_MEDICA.jsp
06/10/2021 11:40 PM
bearcomebullgone wah CPO price so high means plantation stock hoseh? somemore 32k workers come wor...
21/10/2021 12:43 AM
karpagam Post removed. Why?
27/10/2021 10:42 PM
Traderjoes CPO price so high and 80% dividend policy means next coming dividend gonna be damn high. can't wait
04/11/2021 6:29 PM
InvestIcon Innoprise is a company with no debt and net cash 29m. Dividend policy 80%. If CPO price at RM3500, estimate profit for 1 year is RM0.15/share. 80% dividend pay out will be RM0.12 per year. Q3 average CPO price above RM4000 and now RM5000+ Just can wait to see how much is 80% dividend now
05/11/2021 12:16 PM
joerakmo IF FYE21 PE is below 10x and dividend policy is 80% ;What is the dividend yield? Do the math,Its going to be good.
05/11/2021 12:28 PM
InvestIcon Counting is too tedious. Just wait for the windfall bonus
05/11/2021 12:41 PM
shareinvestor88 EXPECT BUMPER PROFIT
05/11/2021 2:16 PM
shareinvestor88 expect 25-30
05/11/2021 6:32 PM
Traderjoes tomorrow announce QR?
18/11/2021 10:38 PM
mahmudkashimj if innoprise so good than tsh can buy why did no buy
21/11/2021 10:21 AM
22/11/2021 9:14 AM
Traderjoes QR should be out soon. insiders must be buying up
22/11/2021 9:39 AM
Limitupppp Gogogo inno hope for best qr result in history
22/11/2021 12:06 PM
Traderjoes hope announce dividend too
22/11/2021 12:53 PM
foreverchung Would INNO / TSH buy plantation land from SCOPE as they are planning to exit the plantation industry?
22/11/2021 7:13 PM
Traderjoes still no QR
23/11/2021 6:13 PM
Limitupppp Fcpo dropping like hell
24/11/2021 7:06 AM
Traderjoes January fcpo is still 5000
24/11/2021 1:51 PM
Traderjoes when QR out?
25/11/2021 9:45 AM
NoBrainerLor @Linitupppp, FCPO drop like hell is because the hell is too high now. But hell soon will become heaven, which is even higher
25/11/2021 10:45 AM
Traderjoes expect bumper profit and dividend
25/11/2021 12:20 PM
joerakmo wow eps of 5.05 cents and dividend of 6 cents
Total 9mth eps of 11.24 and total div for 21 of 16 cents.
Calendar year wise yield on current price is 11.76%
Oct to Dec quarter would be even better.
25/11/2021 6:50 PM
MakeitGrow Yes, very "people-minded" management team. Willing to share company huge profit with the shareholder. This stock is a hidden pearl yet to be discovered by investors.
25/11/2021 6:59 PM
Traderjoes nice QR results. solid profit and dividend.
25/11/2021 9:41 PM
Jnlee best plantation stock in klse
26/11/2021 7:37 AM
sitisani83 Potential friday rule.
26/11/2021 8:15 AM
Georgehtw too small and lack of growth
26/11/2021 8:25 AM
calvins0802 2021 dividen paid 20cent..best plantation stock...
26/11/2021 8:28 AM
joerakmo what price 'growth' when there is destruction of value eg FGV
26/11/2021 8:53 AM
Bullbursa Topped up at 1.25 thanks sellers
26/11/2021 9:20 AM
Healthy earning more ,dividend more,everting is good.....but share price...........weird!!!
any sifu can explain why??
market is cute......
26/11/2021 9:57 AM
26/11/2021 10:11 AM
Starship2 If you see the cash flow, the company is quite strong ..big jump in earning, huge cash pile and retained earnings, strong profit margins etc. But it is paying out slightly more dividends than earnings.. which i feel is ok ..because it has a lot of cash...just my views from what i see..not giving any suggestions...
26/11/2021 10:58 AM
Starship2 Another factor that may come into play is our currency which is depreciation against USD..Since commodities are priced in USD, drop in RM will benefit commodity producers and exporters..just thinking aloud..
26/11/2021 11:10 AM
Traderjoes bursa really make no sense. Good qr but price fall, not even ex dividend yet also
26/11/2021 3:41 PM
Bullbursa Ignore the market fluctuations, solid company, strong financial, high yield, good profit…80% dividend policy..all checked
26/11/2021 8:14 PM
Starship2 lot of noise about ESG..this will, in my opinion only affect the large caps plantation stocks that has foreign investment..With CPO prices still high, profitability would continue to be high..INNO still looks very attractive to me..
28/11/2021 3:41 PM
Traderjoes will top up more if drops below 1.22
28/11/2021 4:19 PM
Traderjoes but unlikely
28/11/2021 4:19 PM
shareinvestor88 STRONG FFB STRONG CPO
03/12/2021 8:45 AM
MakeitGrow 3/12/21 CPO stands at RM4650 per tonne. According to local famous senior investor Mr. Feng Shineng (Leng Yan), the cost per tonne is around RM1500, so if the CPO price is above 4000, it will be a huge earning for the plantation players.
05/12/2021 11:34 PM
stockraider Pakai otak think lah!

As usual philip only look at the superficial at positive side without obvious assessing without assessing the negative high risk mah!

1. Innoprise is a concession or Business Reits with very short term expiry coming in about 8 years term....meaning in 8 years time Sabah foundation can just take back their land by not renewing the concession loh!
2. There is a dispute between Sabah foundation and Innoprise on the quantum of the lease rental for the land that innoprise suppose to pay loh! This the sabah govt said Innoprise under paid them for many years loh! If Innoprise will to make good of this payment for many years, the company will not report such a good result anymore loh!
3. Given such a major dispute with the sabah govt the risk of non renewal of the concession is extremely high loh! Even renewed there will be big back payment & much higher future lease Rental needed that will affect its attractiveness of this stock.
4. Most Plantation own their lands with only a few exception like FGV and Innoprise operate on a concession basis loh! Under this model this company does not really benefit from appreciation of land prices which is a natural hedge against inflation mah!

Why there is a very high chance the concession will not be renewed leh ?

The Board or the Govt feel that Inno try to cheat them by changing the agreement in 2019 with the management thats why it was rejected by the Board Of Directors of the Govt side loh!

Even if the rental is renewed there will be huge compensation for past payment plus very much higher rental to be paid mah!

That means very uncertainty loh!

Lu tau boh ?


Posted by Philip ( buy what you understand) > Dec 6, 2021 8:02 AM | Report Abuse

Correct, which is why I bought innoprise plantations. Stockraider half past six simply talk just to hear his own sound without knowing why lengyuen also buy inno and not taan nonsense.

But you have to realize why YS is also applying for additional 15k hectares state land adjoining to give to inno plant again within the next few years

>>>>>>>>>>

Nothing to worry, Agreement between Innoprices corporation Sdn Bhd (Serijaya) and Sabah Gov (Benta Wawasan) already extended to 60 years to develop 22,763 hectares land and i personally dont think they will take back the land since Sabah Foundation hold Inno share. What they can do is to entered into supplementary agreement.

in addtional cold eye also hold inno share. hihihihi
05/12/2021 10:02 PM
06/12/2021 8:17 AM
stockraider It is from this supplementary agreement the dispute started, the opposing side Directors rejected this Supplementary Agreement mah!


"plantation for a period of 30 years. On 29 August 2013, the tenure for the permission to develop the said land into
oil palm plantation was extended to 60 years.
On 9 July 2018, both parties entered into a third supplementary agreement of the Agreement for Oil Palm
Plantation, whereby the subsidiary should pay rental of RM2,201,502 covering the period from year 2018 to year
2070, in an equal annual rent of RM41,538 and interest on the total outstanding rental sum at the rate of 8% per annum on a reducing balance basis."!

THAT Means by latest 2035....they can take back the land mah!

Thats the reason why Inno pay high dividend...bcos they know they knew high chance their business going bungkus when lease expired loh!


Posted by joerakmo > Dec 6, 2021 10:11 AM | Report Abuse

from annual report

Serijaya Industri Sdn. Bhd., the wholly-owned subsidiary of the Company, entered into the Agreement for Oil Palm

Plantation dated 18 November 2005 with Benta Wawasan Sdn. Bhd. (the licensee of the land) to develop a parcel of
land measuring approximately 22,763 hectares situated in the locality of Gunung Rara/Kalabakan, Sabah. Pursuant
to the agreement, Serijaya Industri Sdn. Bhd. is granted the permission to develop the said land into an oil palm

plantation for a period of 30 years. On 29 August 2013, the tenure for the permission to develop the said land into
oil palm plantation was extended to 60 years.
On 9 July 2018, both parties entered into a third supplementary agreement of the Agreement for Oil Palm

Plantation, whereby the subsidiary should pay rental of RM2,201,502 covering the period from year 2018 to year
2070, in an equal annual rent of RM41,538 and interest on the total outstanding rental sum at the rate of 8% per

annum on a reducing balance basis.


stockraider
27593 posts
Posted by stockraider > Dec 6, 2021 10:24 AM | Report Abuse X

But this Inno...amortise their concession over 74 years instead of over the suppose 14 yrs (expiry in 2035} loh!

As a result of lower amortization cost their....profit appear high in INNO mah!

Lu tau boh ?
06/12/2021 10:28 AM
stockraider Why the opposing side directors rejected the Supplenmental Agreement with Inno leh ??

Ans; Why got people so silly sign a fixed rental for 60 years without taking into accounts of inflation leh ?

Do u know that goreng kiautiaw 30 years ago cost less than Rm 1.00 but today cost around Rm 6.00 leh ??

There are likely to be an element of fraud in this unfair contract loh!
06/12/2021 10:37 AM
joerakmo @ stockraider The supplemental agreement is signed,Pray tell your source where it is rejected; as such material information IF ITS TRUE would need to be disclosed anyways.Else its just your spinning.
Dividends are paid from taxed earnings(retained profits) whereas some companies actually borrow to pay dividends if their cash flow is good.
Tipu earnings can pay dividends meh??
06/12/2021 9:55 PM
06/12/2021 9:56 PM
enning22 too small of concern
07/12/2021 10:10 AM


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