THE INVESTMENT APPROACH OF CALVIN TAN
HS PLANT (5138) PALM OIL JEWEL: A FINAL LOOK BEFORE ITS EX DIVIDEND OF 15.5 SEN BY 9TH MARCH 2022, Calvin Tan
calvintaneng
Publish date: Mon, 07 Mar 2022, 09:41 PM
calvintaneng
0 1,791
Hi Guys,
I have An Investment Approach I which I would like to all.
I have An Investment Approach I which I would like to all.
Good evening friends of i3 Forum
Today Hs plant was sold down to Rm2.77
At 15.5 sen dividend it has a yield of 5.6%
Let's see
| 23-Feb-2022 | 09-Mar-2022 | DIVIDEND | Second Interim Dividend | RM 0.1550 | |
| 24-Aug-2021 | 08-Sep-2021 | DIVIDEND | First Interim Dividend | RM 0.0150 | |
| 24-Feb-2021 | 10-Mar-2021 | DIVIDEND | Second Interim Dividend | RM 0.0550 | |
| 26-Aug-2020 | 10-Sep-2020 | DIVIDEND | First Interim Dividend | RM 0.0150 | |
| 24-Feb-2020 | 09-Mar-2020 | DIVIDEND | Second Interim Dividend | RM 0.0200 | |
| 28-Aug-2019 | 12-Sep-2019 | DIVIDEND | First Interim Dividend | RM 0.005 | |
| 26-Feb-2019 | 11-Mar-2019 | DIVIDEND | Second interim dividend | RM 0.01 | |
| 28-Aug-2018 | 12-Sep-2018 | DIVIDEND | First Interim Dividend | RM 0.015 | |
| 27-Feb-2018 | 12-Mar-2018 | DIVIDEND | Second interim dividend | RM 0.06 | |
| 23-Aug-2017 | 07-Sep-2017 | DIVIDEND | First Interim Dividend | RM 0.05 | |
| 22-Feb-2017 | 07-Mar-2017 | DIVIDEND | Second interim dividend | RM 0.08 | |
| 24-Aug-2016 | 07-Sep-2016 | DIVIDEND | First Interim Dividend | RM 0.03 | |
| 23-Feb-2016 | 07-Mar-2016 | DIVIDEND | Second interim dividend | RM 0.0500 | |
| 25-Aug-2015 | 08-Sep-2015 | DIVIDEND | First Interim Dividend | RM 0.0300 | |
| 23-Feb-2015 | 06-Mar-2015 | DIVIDEND | Second interim dividend | RM 0.05 | |
| 26-Aug-2014 | 09-Sep-2014 | DIVIDEND | First Interim Dividend | RM 0.06 | |
| 26-Feb-2014 | 11-Mar-2014 | DIVIDEND | Second interim dividend | RM 0.05 | |
| 26-Feb-2014 | 11-Mar-2014 | DIVIDEND | Special Dividend | RM 0.02 | |
| 19-Aug-2013 | 30-Aug-2013 | DIVIDEND | First Interim Dividend | RM 0.03 | |
| 28-Feb-2013 | 13-Mar-2013 | DIVIDEND | Second interim dividend | RM 0.05 | |
| 29-Aug-2012 | 12-Sep-2012 | DIVIDEND | First Interim Dividend | RM 0.06 | |
| 14-Feb-2012 | 27-Feb-2012 | DIVIDEND | Second interim dividend | RM 0.1 | |
| 23-Aug-2011 | 08-Sep-2011 | DIVIDEND | Interim Dividend | RM 0.1 | |
| 27-May-2011 | 08-Jun-2011 | DIVIDEND | Final Dividend | RM 0.07 | |
| 25-Aug-2010 | 08-Sep-2010 | DIVIDEND | Interim Dividend | RM 0.06 |
| 29-Apr-2010 | 25-May-2010 | DIVIDEND | Final Dividend | RM 0.05 | |
| 28-Sep-2009 | 14-Oct-2009 | DIVIDEND | Interim Dividend | RM 0.04 | |
| 29-Apr-2009 | 01-Jun-2009 | DIVIDEND | Final Dividend | RM 0.05 | |
| 23-Sep-2008 | 09-Oct-2008 | DIVIDEND | Interim Dividend | RM 0.05 | |
| 29-May-2008 | 30-Jun-2008 | DIVIDEND | Final Dividend | RM 0.05 | |
| 21-Jan-2008 | 22-Jan-2008 | DIVIDEND | Interim Dividend | RM 0.05 |
The 3 Best Bull Years of Palm oil were 2008, 2012 & 2014
Let's see
| 23-Sep-2008 | 09-Oct-2008 | DIVIDEND | Interim Dividend | RM 0.05 | |
| 29-May-2008 | 30-Jun-2008 | DIVIDEND | Final Dividend | RM 0.05 | |
| 21-Jan-2008 | 22-Jan-2008 | DIVIDEND | Interim Dividend | RM 0.05 |
Total dividend for year 2008 was 15 sen
| 29-Aug-2012 | 12-Sep-2012 | DIVIDEND | First Interim Dividend | RM 0.06 | |
| 14-Feb-2012 | 27-Feb-2012 | DIVIDEND | Second interim dividend | RM 0.1 |
Only 7 sen dividend for year 2012
| 26-Aug-2014 | 09-Sep-2014 | DIVIDEND | First Interim Dividend | RM 0.06 | |
| 26-Feb-2014 | 11-Mar-2014 | DIVIDEND | Second interim dividend | RM 0.05 | |
| 26-Feb-2014 | 11-Mar-2014 | DIVIDEND | Special Dividend | RM 0.02 |
@ dividends plus a special dividend of 2 sen made it 13 sen for year 2014
Now SEE
| 23-Feb-2022 | 09-Mar-2022 | DIVIDEND | Second Interim Dividend | RM 0.1550 |
This year just announced the highest dividend of 15.5 sen (which is more than the combined total of 2008 or 2012 or 2014
Why could Hapseng be able to give out such high dividend
For that please go see again its latest results
SUMMARY OF KEY FINANCIAL INFORMATION
|
|
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
|
2.1400
|
||
It earned 11.79 sen but giving a 15.5 sen dividend
That means that Hs Plant is sanguine over its future prospects as it gives out more than it earns
Why so positive?
Let's go see its balance sheet
Money market deposits
296,637,000 (as at 31.12.2021)
195,322,000 (as at 31.12.2020)
Hapseng plant has increased its Bank FD from Rm195.322 Millions to Rm296.637 Millions or up 51.8%
Cash and cash equivalents
121,040,000 (31.12.2021)
63,655,000 (31.12.2020)
Its cash in Savings Acc also up 90.1%
HS PLANT IS FLUSHED IN CASH!
Hs Plant has zero borrowings
It is 100% into Palm oil upstream
Sells at Spot which captures the best price
Hs Plant is seeing very good earnings ahead as Cpo now ranges from Rm6,000 to Rm7,000 and more
So Hs Plant has Cash of Rm296,637,000 (FD) + Rm121,040,000 (savings Acc (no borrowing at all)
Total Cash is Rm Rm417.677 Millions Pure Cash
How much per share?
Short cut is Rm Rm417.677 Millions divides by Rm94.307 millions X 11.79
= 52.21 Sen
All this will be future dividend as Now with Cpo above Rm6,000 to Rm7,000 lots of real profits will be rolling in
PALM OIL STOCKS GOT REAL SOLID EARNINGS WHICH WILL BE TRANSLATED TO REAL SOLID DIVIDEND PAYOUTS
Bershire Hathaway has SEE'S CANDY. SEE'S CANDY PAYS about 20% dividend yearly as it is a Cash business.
A cash business does not need capex or Reserch & Dev expense.
So is palm oil. Once the Trees are Planted we just collect the Fresh Fruit Bunches & Convert them as a Cash Crop
So now that CPO is at such high prices & we expect it to last much longer as a New equation of limit land for Palm oil, Population growth & Cpo for biodisel will elevate demand for a very long time to come
Best regards
Calvin Tan
Please buy or sell after doing your own due diligence
And yes Historical high of Hs Plant was Rm3.78 when Cpo hovered around Rm3,500 to Rm4,000
Now that Cpo has gone up 80% more from last world record of Rm4,000 peak we certainly expect Hs Plant to over Rm3.78 to reach Rm4.00 first & then Rm5.00 and higher
Related Stocks
| Chart | Stock Name | Last | Change | Volume |
|---|
Market Buzz
More articles on THE INVESTMENT APPROACH OF CALVIN TAN
Rimbunan Sawit to beef up crop production and yield, By JACK WONG (Calvin Tan comments)
Created by calvintaneng | Apr 06, 2024
Discussions
Be the first to like this. Showing 0 of 0 comments
Post a Comment
Featured Posts
New Update. Discover investment communities that resonate with your ideas
One App To Trade Malaysia & US Stock With 0* Commission
MQ Trading Signals
Time
Signal
Duration
Type
2024-04-25 16:50:00
EMA 5
10 Mins
SELL
2024-04-25 16:50:00
EMA 5
5 Mins
SELL
2024-04-25 16:40:00
EMA 5
10 Mins
BUY
2024-04-25 16:40:00
EMA 5
5 Mins
BUY
2024-04-25 16:35:00
EMA 5
5 Mins
SELL
Apps
Top Articles
1
Good Articles to Share
Malaysia in Talks With Tycoons on Casino to Revive $100 Billion Forest City
2
3
4
THE INVESTMENT APPROACH OF CALVIN TAN
5
6
7
BFM Podcast
8
BFM Podcast
#
Stock
Score
Daily Stocks
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Featured Advertisers / Partners
Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
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....
