THE INVESTMENT APPROACH OF CALVIN TAN

RIVERVIEW & MHC PLANT: 2 MORE PALM OIL STOCKS REPORTING INCREASE OF OVER 200% PROFIT EACH, Calvin Tan

calvintaneng
Publish date: Thu, 12 Aug 2021, 08:08 PM
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Hi Guys,

I have An Investment Approach I which I would like to all.

Dear Friends

The Super Bull Earnings of Palm Oil Stocks Rolling Out by Riverview & Mhc Plant

See

RIVERVIEW

SUMMARY OF KEY FINANCIAL INFORMATION
30 Jun 2021

 
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
30 Jun 2021
30 Jun 2020
30 Jun 2021
30 Jun 2020
$$'000
$$'000
$$'000
$$'000
1 Revenue
14,685
8,731
27,961
16,378
2 Profit/(loss) before tax
9,143
3,456
15,300
5,562
3 Profit/(loss) for the period
7,638
2,426
11,349
3,688
4 Profit/(loss) attributable to ordinary equity holders of the parent
7,282
2,385
10,992
3,673
5 Basic earnings/(loss) per share (Subunit)
11.23
3.68
16.95
5.66
6 Proposed/Declared dividend per share (Subunit)
0.00
0.00
0.00
0.00
   
AS AT END OF CURRENT QUARTER
AS AT PRECEDING FINANCIAL YEAR END
7 Net assets per share attributable to ordinary equity holders of the parent ($$)
4.3500
4.1800
 

Above is RIVERVIEW Results

Revenue up from Rm8.731 Millions to Rm14.685 Millions 

Or increased by Rm5.954 Millions (Up 68%)

PROFITS:

Up from 3.68 sen to 11.23 sen

Or up 7.55 sen (Up 205%)

NAV up from Rm4.18 to Rm4.35

At Rm2.97

Let's calculate the forward P/E

This Qtr result 11.23

Annualised 11.23 x 4 

= 44.92

P/E 297 divides by 44.92

P/E = 6.61

 

 

MHC PLANT

SUMMARY OF KEY FINANCIAL INFORMATION
30 Jun 2021

 
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
30 Jun 2021
30 Jun 2020
30 Jun 2021
30 Jun 2020
$$'000
$$'000
$$'000
$$'000
1 Revenue
139,012
82,111
235,188
155,364
2 Profit/(loss) before tax
21,349
7,290
34,578
8,389
3 Profit/(loss) for the period
15,925
5,291
26,830
6,019
4 Profit/(loss) attributable to ordinary equity holders of the parent
9,065
2,677
15,943
3,974
5 Basic earnings/(loss) per share (Subunit)
4.61
1.36
8.11
2.02
6 Proposed/Declared dividend per share (Subunit)
4.00
0.00
0.00
0.00
   
AS AT END OF CURRENT QUARTER
AS AT PRECEDING FINANCIAL YEAR END
7 Net assets per share attributable to ordinary equity holders of the parent ($$)
1.3200
1.2800
 

Revenue up from Rm82.111 Millions to Rm139.012 Millions 

Up Rm5.69 Millions (Up 69%)

 

PROFIT

From 1.36 sen to 4.61 sen

Up a Whopping 238% or 3.25 sen

NAV increased from Rm1.28 to Rm1.32

Let's calculate annualied P/E

4.61 x 4 = 18.44

MHC Plant price is 85 sen

P/E = 85/18.44

P/E only 4.60

 

THESE SHOW THAT TWO PALM OIL COMPANIES HAVE REGISTERED A JUMP OF MORE THAN 200% EACH

ALL OTHERS WILL ALSO REPORT EQUALLY FANTASTIC PROFIT-GROWTH RESULTS

 

Best Regards

Calvin

 

Please buy or sell after doing your own due diligence. Or consult your Remisier/Fund Manager

 

 

 

 

 

 

 

 

 

 

 

 

 

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