Lately, we heard the about turn & capitulation of Research Houses to Palm oil finally! More and more Analysts admitted they were wrong to downgrade Palm oil due to Esg concern which is unwarranted. Many of their clients have missed buying when Palm oil stock prices were cheap & unloved
Now the Surge of Foreign Funds buying up OverSold Malaysia Palm oil stocks have completely changed their mindset and they have become bullish believers of this still unfolding Palm oil Super Bull Market. So far so good. Better late than never.
Now we have always looked to Experienced Investment Giants for our conviction on Palm oil. Dr. Neoh Soon Kean of Dynaquest & Fong Siling aka Mr Cold Eye are two investors in Palm OIl stocks
As Isaac Newton said, "We can see further because we stand on the Shoulders of Giants"
See
Let us See what Dr, Neoh's Jtiasa Versus Fong Siling's Hs Plant
JAYA TIASA (4383)
Coming in at Top 24 of Top 30 Shareholders of Jtiasa (Refer Annual Report)
24 Neoh Choo Ee & Company Sdn. Berhad 2,373,000
Neoh Choo Ee is the privately held Company of Dr Neoh Soon Kean in Beach Street, Penang
He owns 2.373 Million shares of Jtiasa
See our write up on Jtiasa
SOME NOTEWORTHY NOTES ON JAYA TIASA (4383) : FFB HARVEST INCREASED QoQ, CPO PRICES UP & INSIDER BUYS, Calvin Tan
We are in a very happy Super Bull Time for all Palm Oil Stocks
BPLANT AND THPLANT HAVE BOTH OVERTAKEN JTIASA IN THEIR PRICE SURGE
Now we like Laggards
And Jtiasa looks like a Laggard (The last of the low lying fruits to be taken
Yes! Like Bplant & Thplant --- Jtiasa also got 206,000 acres of Palm Oil. Another 1.9 Million Acres of Forest concession lands which need a Helicoptor for monitoring. 1.9 million acres is 11 times the size of Singapore Land Mass of 180,000 acres. That shows how vast the Plantation Lands Jtiasa manages
1) JTIASA FFB This Coming Qtr result will see Increased Volumes
See
Jayatiasa
FFB for 3 months (July to Sept 2021) 195,447 tonnes
Current Qtr Result will report (Oct to Dec 2021) 202,684 tons
FFB from Qtr to Qtr up 3.7%
THIS IS A PLUS FACTOR FOR JTIASA AS MANY OTHERS SUFFERED FFB DWINDLING COLLECTIONS DUE TO FLOODS & LABOR SHORTAGE
2) JAYA TIASA ALSO WITNESSED PRICE RISE FROM RM4,417 (LAST QTR) TO OVER RM5,100 NOW
(UP 15% EXTRA PROFIT JUST BY CPO PRICE SURGE
3) NO MORE SELLING TOO EARLY BY LOCK-IN FORWARD SALES
Previous Qtrs' results were setback by low forward sales in a time of rising CPO Prices
Now no more.
SO JTIASA SHOULD GET BETTER PRICES FOR ITS FFB (Fresh Fruit Bunches)
ALL THESE FIGURES TELL US JTIASA SHOULD PERFORM MUCH BETTER IN COMING QTR RESULT
NOW CPO OVER RM6,000 JTIASA SHOULD GET AN EVEN MORE POWERFUL BOOSTER
4) NEW DIRECTOR OF JTIASA EMERGED BUYING JTIASA SHARES FROM OPEN MARKET SHOWS POSITIVITY!
Today both Swkplant (5135) and Hs Plant (51238) results are out
Lately we hear lots of noise on Swkplant. Of course Swkplant is good. But we think HsPlant is better.
Why?
See the Results
SWK PLANT (5135)
SUMMARY OF KEY FINANCIAL INFORMATION 31 Dec 2021
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
31 Dec 2021
31 Dec 2020
31 Dec 2021
31 Dec 2020
$$'000
$$'000
$$'000
$$'000
1
Revenue
243,637
132,224
790,524
465,750
2
Profit/(loss) before tax
43,787
21,873
168,391
83,054
3
Profit/(loss) for the period
32,674
16,320
128,289
61,647
4
Profit/(loss) attributable to ordinary equity holders of the parent
32,532
16,690
127,826
61,421
5
Basic earnings/(loss) per share (Subunit)
11.66
5.98
45.81
22.01
6
Proposed/Declared dividend per share (Subunit)
5.00
0.00
20.00
10.00
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 ($$)
2.4000
2.0900
Revenue Rm243.637 Millions
Profit Rm32.532 millions
To get percentage of profit
divides Rm32.532 Mil by Rm243.637 Mil
= 13.3%
This qtr earns 11.66 sen
Annualised 11.66 x 4
= 46.64 sen
Current price Rm3.16
To get P/E divides Rm3.16 by 46.64
= 6.77
It will take 6.77 years to double your money
Dividend is 5 sen
or 1.5% this qtr
HS PLANT (5138)
Refer to HS PLANT Annual Report
Coming in at Top 14 of Top 30 Shareholders
14. RHB Capital Nominees (Tempatan) Sdn Bhd
- Pledged Securities Account For Fong Siling (CEB)
1,000,000
Mr. Fong Siling aka Cold Eye owns 1 Million shares of Hs Plant
SUMMARY OF KEY FINANCIAL INFORMATION 31 Dec 2021
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
31 Dec 2021
31 Dec 2020
31 Dec 2021
31 Dec 2020
$$'000
$$'000
$$'000
$$'000
1
Revenue
194,828
153,269
670,851
467,595
2
Profit/(loss) before tax
118,160
50,147
290,260
108,400
3
Profit/(loss) for the period
94,307
36,951
224,023
90,296
4
Profit/(loss) attributable to ordinary equity holders of the parent
94,307
36,951
224,023
90,296
5
Basic earnings/(loss) per share (Subunit)
11.79
4.62
28.01
11.29
6
Proposed/Declared dividend per share (Subunit)
15.50
5.50
17.00
7.00
AS AT END OF CURRENT QUARTER
AS AT PRECEDING FINANCIAL YEAR END
7
Net assets per share attributable to ordinary equity holders of the parent ($$)
2.3500
2.14
Revenue Rm194.828 Millions
Profit Rm94.307 Millions
To get profit in percentage
Divides Rm94.307 Mil by Rm194.828 Mil
= 48.4%
So Hs Plants profit 3.63 times better.
This quarter earns 11.79 sen
Annualised 11.79 x 4
47.16 sen
Current price of Hs Plant Rm2.35
To get P/E divides Rm2.35 by 47.16
= 4.98
That means HsPlant will double your money in 4.98 years
Dividend is 15.5 sen
= 6.5%
Note: The historical high of SWKPLANT in year 2008 was Rm4.20
Calvin expects SwkPlant to breach that and go higher
Calvin owns Taann which is the Top Holder of SwkPlant.
Taann is a highly respected Palm oil company with integrity & honest Management.
The historical high of Hs Plant was Rm3.78 also in year 2008 and we certainly expect Hs Plant to go higher than that as well
Figures extracted from STOCK PERFORMACE GUIDE By Dynaquest 2015 March Ed
Best Regards
Calvin Tan
Please buy or sell after doing your own due diligence or consult your Remisier/Fund Manager
After posting the Results Hap Seng Plantation Share Price shot past Rm2.70
The historical high of HS PLANT Was Rm3.78 when Cpo was Rm4,000 (previous world record)
Since then Hap Seng Plant 100% Pure Upstream Palm oil Plantation has grown further
So with Cpo price new breaking into all time New Record over Rm6,000 we expect HS Plant to breach the previous record price of Rm3.78 to reach Rm5.00 new target price.
That's It
Jtiasa target Rm3.00 Versus Hs Plant target Rm5.00
See which one will reach there first as we are in Palm oil Super Bull run time now
Best regards
Calvin Tan
Republic of Singapore
Please buy or sell after doing your own due diligence or consult your Remisier/Fund Manager
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More articles on THE INVESTMENT APPROACH OF CALVIN TAN
Hap seng plant is debt free and 100% Pure Upstream palm oil producer
Upstream will capture the bulk of profits from Cpo price rise
Example: a supermarket sells cooking oil for a fixed percentage of profit and it has no advantage of getting better profit from high cpo prices as margins are fixed
Upstream producer of palm oil stands to gain the most from price surge as production cost is fixed or only up a little.
So the higher the cpo price surge up the stronger the earnings and hotter the bull
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
calvintaneng
Hap seng plant is debt free and 100% Pure Upstream palm oil producer
Upstream will capture the bulk of profits from Cpo price rise
Example: a supermarket sells cooking oil for a fixed percentage of profit and it has no advantage of getting better profit from high cpo prices as margins are fixed
Upstream producer of palm oil stands to gain the most from price surge as production cost is fixed or only up a little.
So the higher the cpo price surge up the stronger the earnings and hotter the bull
2022-02-26 17:09