THE INVESTMENT APPROACH OF CALVIN TAN

SIMEDARBY PLANT RESULTS: A TURNING POINT FOR PALM OIL FROM BEAR TO BULL

calvintaneng
Publish date: Wed, 18 Aug 2021, 01:58 PM
calvintaneng
0 1,799
Hi Guys,

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

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
4,411,000
3,216,000
8,084,000
6,260,000
2 Profit/(loss) before tax
920,000
519,000
1,696,000
1,126,000
3 Profit/(loss) for the period
673,000
413,000
1,284,000
914,000
4 Profit/(loss) attributable to ordinary equity holders of the parent
617,000
378,000
1,179,000
846,000
5 Basic earnings/(loss) per share (Subunit)
9.00
5.50
17.10
12.30
6 Proposed/Declared dividend per share (Subunit)
7.90
4.02
7.90
4.02
   
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 ($$)
2.0900
1.9800

 

REVENUE: RM4.41 BILLIONS

PROFIT BEFORE TAX : RM920 MILLIONS

PAT (PROFIT AFTER TAX): RM617 MILLIONS

PROFIT IS 9 SEN

ANNUALISED 9x4 = 36

At Rm3.92

the P/E is 10.9

 

SimePlant dividend history

 

2018: 17.5 sen

2019: 1.7 sen

2020: 5.02 sen

2021: 15.45 sen

 

In year 2018 when it gave 17.5 sen dividend Simedarby Plant share price was Rm5.50

Now that dividend has gone up can we expect Sinedarby Plant to cross Rm5.00 again

 

Best Regards

Calvin

Please buy or sell after due diligence or consult your Remisier/Fund Manager

 

Note 

YoY (year on year) 

Profit is up from 5.5 sen to 9 sen

or up a solid 63%

SIMEDARBY PLANT HAS A CASH HOARD OF RM800 MILLIONS

Will SimeDarby Plant follow KLK in more M & A?

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