THE INVESTMENT APPROACH OF CALVIN TAN

FGV: FANTASTIC RESULT: REVENUE UP: PROFIT UP 186%: NAV UP: RESOUNDING SUCCESS, STANDING OVATION: ALL ROUND APPLAUSE, Calvin Tan

calvintaneng
Publish date: Tue, 30 Nov 2021, 08:31 PM
calvintaneng
0 1,798
Hi Guys,

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

Dear Friends

Today we witnessed another Fantastic Out Performance of A Great Palm Oil Stock : FGV or FELDA GLOBAL VENTURE

Let us see

 

SUMMARY OF KEY FINANCIAL INFORMATION
30 Sep 2021

 
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
30 Sep 2021
30 Sep 2020
30 Sep 2021
30 Sep 2020
$$'000
$$'000
$$'000
$$'000
1 Revenue
5,315,802
3,989,459
13,391,041
10,066,906
2 Profit/(loss) before tax
507,567
172,272
1,022,028
22,038
3 Profit/(loss) for the period
401,038
112,533
751,751
-49,288
4 Profit/(loss) attributable to ordinary equity holders of the parent
399,393
136,893
702,789
15,093
5 Basic earnings/(loss) per share (Subunit)
10.90
3.80
19.30
0.40
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 ($$)
1.3400
1.1700
 

 

REVENUE IS UP FROM RM3.989 BILLIONS TO RM5.315 BILLIONS (UP 33%)

PROFIT UP A WHOPPING 186% FROM 3.80 to 10.90

NAV ALSO UP FROM RM1.17 TO RM1.34 (UP 14.5%)

ALL ROUND SOLID GROWTH

NOW LET'S CALCULATE FORWARD P/E

AT 10.90 THISE QTR

ANNUALIZED 10.90 x 4

= 43.6 SEN

PRICE TODAY RM1.48

SO DIVIDES RM1.48 BY 43.60

= 3.39 P/E

YIELD?

43.6 DIVIDES BY RM1.48

= 29.4% 

PETER LYNCH MAGELLAN FUND MADE 29%

FGV QUALIFIES TO BE PETER LYNCH'S STOCK PICK

 

Warmest regards

Calvin Tan

 

Please buy or sell after doing your own due diligence or consult your Remisier/Fund Mananger

Discussions
Be the first to like this. Showing 8 of 8 comments

ybk173

experience told me not to be too excited over fantastic result....it may not translate to higher share price...very often the share drop after announcement of good result due to the notorious sell on news syndrome or that market already price in the good result...in other words market already expect it

2021-11-30 20:55

drken91

agreed..
sifu calvin celebrated after TSH's recent beautiful QR, then where did the share plunge to?
all that euphoria, full of fury, signifying nothing.

2021-11-30 20:57

value_seeker

A very strong with great performance sector. The analysts are ignorant of CPO drive. They are not good in giving good advice. Failure in predicting the upside of glove shows investment bank insensitive of market sentiments.

2021-11-30 20:59

ybk173

nevertheless the jump in net profit to 401 mil from 112 mil same quarter last year is really impressive...a whopping 3.5X !

2021-11-30 21:01

calvintaneng

Over a short term the share market is a voting machine but over a longer term the stock market turns into a weighing machine

It does not matter if people buy up or sell down

We are happy to see Fgv and by proxy all other palm oil companies continue to show great earning season when so many others even reported losses

2021-11-30 21:22

PlantBull

Fantastic result by fgv. If not translate to increase in Share price, means it's on discount. Bargain sale! As an fgv holder myself, I'm delighted to see my company doing well!spot on analysis by sifu Calvin

2021-11-30 22:06

ChloeTai

Dear Mr Calvin Tan, I am a newbie. Can you guide me step by step how to see palm oil futures. Thank you.

2021-12-01 00:06

calvintaneng

ChloeTai

you can track fcpo prices at bursa webpage

2021-12-01 10:35

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