Dear Fellow Investors
So far so good
Bplant, Tsh Resources, Hs Plant & Taann have posted their results
Out of all four 3 have again proposed dividends
Bplant = 3.3 sen dividend
Tsh Resources = 2.5 sen dividend
Hs Plant = 7 sen dividend
Taann = No dividend for now but a good one is coming
Now let us take a Deeper Look
1) BPLANT
This is an excellent dividend share
Giving 60% of profit as dividend
Last two years Bplant gave out dividend 4 times
This year just started with a nice 3.3 sen & more will come
See
21-Feb-2023 | 07-Mar-2023 | DIVIDEND | Fourth Interim Dividend | RM 0.0330 | |
22-Nov-2022 | 07-Dec-2022 | DIVIDEND | Third Interim Dividend | RM 0.0110 | |
23-Aug-2022 | 12-Sep-2022 | DIVIDEND | Second Interim Dividend | RM 0.0275 | |
23-May-2022 | 08-Jun-2022 | DIVIDEND | First Interim Dividend | RM 0.0730 | |
21-Feb-2022 | 10-Mar-2022 | DIVIDEND | Fourth Interim Dividend | RM 0.0400 | |
23-Nov-2021 | 08-Dec-2021 | DIVIDEND | Third Interim Dividend | RM 0.0175 | |
25-Aug-2021 | 09-Sep-2021 | DIVIDEND | Second Interim Dividend | RM 0.0230 | |
25-May-2021 | 10-Jun-2021 | DIVIDEND | First Interim Dividend | RM 0.0030 | |
24-Mar-2021 | 07-Apr-2021 | DIVIDEND | Second Interim Dividend | RM 0.0050 |
2) TSH RESOURCES
Tsh Resources has reported an excellent Results
Refer to Bursa Website & See TSH Latest results
SUMMARY OF KEY FINANCIAL INFORMATION31 Dec 2022 |
INDIVIDUAL PERIOD | CUMULATIVE PERIOD | ||||
CURRENT YEAR QUARTER | PRECEDING YEAR CORRESPONDING QUARTER | CURRENT YEAR TO DATE | PRECEDING YEAR CORRESPONDING PERIOD | ||
31 Dec 2022 | 31 Dec 2021 | 31 Dec 2022 | 31 Dec 2021 | ||
$$'000 | $$'000 | $$'000 | $$'000 | ||
1 | Revenue | 283,384 | 328,350 | 1,307,798 | 1,188,919 |
2 | Profit/(loss) before tax | 66,280 | 84,703 | 557,036 | 254,084 |
3 | Profit/(loss) for the period | 51,962 | 73,591 | 526,271 | 202,013 |
4 | Profit/(loss) attributable to ordinary equity holders of the parent | 45,257 | 63,839 | 457,497 | 169,415 |
5 | Basic earnings/(loss) per share (Subunit) | 3.28 | 4.63 | 33.15 | 12.27 |
6 | Proposed/Declared dividend per share (Subunit) | 2.50 | 3.00 | 10.50 | 3.00 |
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 ($$) | 1.3780 | 1.1892 |
See PAX (Profit after Tax) is Rm45.2 Millions
or 3.28 sen profit from operation
Dividend is 2.5 sen
Nav is Rm1.37
Now go back and See Nov 2022 results below
SUMMARY OF KEY FINANCIAL INFORMATION30 Sep 2022 |
INDIVIDUAL PERIOD | CUMULATIVE PERIOD | ||||
CURRENT YEAR QUARTER | PRECEDING YEAR CORRESPONDING QUARTER | CURRENT YEAR TO DATE | PRECEDING YEAR CORRESPONDING PERIOD | ||
30 Sep 2022 | 30 Sep 2021 | 30 Sep 2022 | 30 Sep 2021 | ||
$$'000 | $$'000 | $$'000 | $$'000 | ||
1 | Revenue | 262,652 | 309,074 | 1,024,414 | 860,569 |
2 | Profit/(loss) before tax | 294,439 | 65,689 | 490,755 | 169,381 |
3 | Profit/(loss) for the period | 296,443 | 53,775 | 474,308 | 128,422 |
4 | Profit/(loss) attributable to ordinary equity holders of the parent | 258,428 | 45,078 | 412,239 | 105,576 |
5 | Basic earnings/(loss) per share (Subunit) | 18.72 | 3.27 | 29.87 | 7.65 |
6 | Proposed/Declared dividend per share (Subunit) | 8.00 | 0.00 | 8.00 | 0.00 |
AS AT END OF CURRENT QUARTER | AS AT PRECEDING FINANCIAL YEAR END | ||||
7 | Net assets per share attributable to ordinary equity holders of the parent ($$) | 1.5071 | 1.1892 |
In November 2022 After TSH received part payment for Bulugan Land Sold it reported a nice profit of 18.7 sen & declared a dividend of 8 sen
Nav was up at Rm1.50
Now take careful notice
Why NAv in Feb 2023 dropped from Rm1.50 to Rm1.37?
The answer is = TSH has given out its dividends & so Nav has been reduced
And in January 2023 TSH reported the full balance payment sum of Rm731.09 Millions for Bulugan land sold
How much?
Ah! We finally got the exact figures from Latest Qtr report
Let's go SEE
Under Note 7 (b) refer to Bursa webpage : Tsh results
On 4 April 2022, BCAP, PT Kawasan Industri Kalimantan Indonesia (“KIKI”) and PT
Kalimantan Industrial Park Indonesia (“KIPI”) had entered into a conditional sale,
purchase and compensation of land agreement for the proposed disposal by BCAP of
13,214.90 hectares of certificated land together with the 683.36 hectares of uncertified
land adjoining thereto (collectively referred to as “the Sale Land”) for a total cash
consideration of IDR 2,428.86 billion (or equivalent to approximately RM731.09
million).
On 8 August 2022, the disposal of 7,817.37 hectares of certificated land was completed.
As at 31 December 2022, total proceeds raised from the disposal was RM428.8 million
and was fully utilised by the Group as follows:
Read again
“the Sale Land”) for a total cash
consideration of IDR 2,428.86 billion (or equivalent to approximately RM731.09
million).
Calvin repeat : Land sold Rm731.09 millions
As at 31 December 2022, total proceeds raised from the disposal was RM428.8 million
And total received SUM REVEALED: Rm428.8 Millions
Calvin repeat: Now we have the real figure for 2nd Payment in January 2023 (Not on time for Feb 2023 resullt which only report for Oct to Dec 2022 months
How much?
Just deduct Rm428.8 Millions from Rm731.09 Millions = Rm302.29 Millions
THAT'S IT!!
THIS SUM OF RM302.29 MILLIONS HAVE BEEN RECEIVED AS PURE "CASH" PAYMENT BY TSH IN JAN 2023 BUT YET TO BE INCLUDED IN BALANCE SHEET
THIS WILL ONLY BE REPORTED IN MAY 2023 WHEN TSH REPORT ITS EARNINGS FOR JAN TO MARCH 2023
And how much Cash is Rm302.29 Millions
The formula is simple and a short cut in maths (Maths happen to be Calvin's forte & top favourite subject in School , haha!
No guess work in Maths.
Just divide Rm302.29 Millions by Rm45.257 Millions
= 6.679
And multiply by 3.28
= 21.9 Sen Cash
Now When Bulugan Land was Sold for Rm731.09 Milions the profit was Rm465 Millions or about 63.6%
And reported as 18.7 sen profit in Nov 2022 results
So we give a similar 63.6% profit for 21.9 sen
or 21.9 X .636
= 13.9 sen
This is be the balance profit from Bulugan land Sold
And if we assume Tsh will mane the same 3.28 sen profit this qtr froim operation
Then May 2023 results will be
13.9 sen (land sold profit) + 3.28 sen (projected profit)
= 17.2 sen
It will be more or less 17.2 sen profit for May 2023 more or less subjected to any impairment or gain
Let us wait till May 2023 will know
In any cash TSH has again declared a 2.5 sen dividend
This latest results show that Tsh has Rm560 Million in borrowings & Cash of Rm375 Millions or just only Rm185 Millions
Rm302.29 Millions Cash has come in handily & in principle TSH is now debt free
Plus a Surplus Cash position of over Rm117 Millions in excess Cash
All the very Best to TSH BOD (Board of Directors)
Well Done!
3) HS PLANT
Hs Plant has declared a Dividend of 7 sen this Qtr
At Rm1.91 the dividend yield is
7/191 = 3.6% (already matching)
A look at its balance sheet shows that Hs Plant Cash Position has improved to Rm505 Millions from Rm498 Millions or 63 sen Cash per share
Since Hs Plant pays 2 dividends a year we expect by Aug 2023 Hs Plant will give a matching or even better dividend to make it 7%
Note: Fong Siling aka Cold Eye the savvy investor is in Top 30 Shareholders of Hs Plant
4) TAANN
Of the 4 Taann has not declared a dividend this qtr
Take a brief rest ok after all TAANN already gave 4 Dividend Payout last year
See
29-Nov-2022 | 30-Dec-2022 | DIVIDEND | Fourth Interim Dividend | RM 0.1000 | |
29-Aug-2022 | 13-Sep-2022 | DIVIDEND | Third Interim Dividend | RM 0.1500 | |
23-May-2022 | 03-Jun-2022 | DIVIDEND | Second Interim Dividend | RM 0.1000 | |
28-Feb-2022 | 15-Mar-2022 | DIVIDEND | First Interim Dividend | RM 0.0500 | |
22-Nov-2021 | 04-Jan-2022 | DIVIDEND | Second Interim Dividend | RM 0.2000 |
Note: Both Hs Plant as well as TAANN reported impairment on its biological assets only
Its Cash Position in fact have never been so healthy like now
Refer Bursa Website on TAANN results
Cash of TAANN improved from Rm454 Milions to Rm523 Millions (Up RM69 MILLIONS IN CASH
Borrowings dropped from Rm231 Millions to Rm215 Millions (LESS by Rm16 Millions)
NOTE MORE CAREFULLY ON TAANN GOOD RESULTS
NAV UP FROM RM3.63 to Rm3.94 = Up by 31 sen
SEE: If you take A DEEPER LOOK AT PALM OIL SHARES
THEY ARE ALL GOOD TO EXCELLENT
With Kind Regards
Calvin Tan
Please buy or sell after doing your own due diligence & in doubt consult your own Remisier or Fund Manager
Created by calvintaneng | Feb 25, 2024
Created by calvintaneng | Feb 25, 2024
Created by calvintaneng | Feb 24, 2024
Created by calvintaneng | Feb 24, 2024
further note
at 7 sen dividend plus share price of Rm1.91 Hs plant dividend is 3.6% matching Bank Fd at 3.3% to 3.5% now
and more
in Aug 2023 Hs plant will give another dividend and Dividend by percentage will beat any bank Fd
in fact we expect all palm oil co to give good dividend from now due to high profits and consistent huge cash inflow
2023-02-25 23:45
Have you no shame or have you too much ego, Calvin? Your early 2022 prediction of a bull run in palm oil stocks fell flat on its face within months with many stocks retreating 50% from its high. But here you are in early 2023, touting a few cents dividend here from these very beaten down stocks. Deal with the price retreat from their 2022 highs first before showing your face again.
2023-02-26 12:16
Berlin
In year end 2020 Calvin sold all gloves and switched to palm oil
since then these have occured
Ijmplant Rm1.86 versus Harta at Rm9.98 was posted
Ijmplant was taken private by Klk at Rm3.10 for more than 66% gain while harta glove collapsed by over 85% to Rm1.55
I also promoted bplant at 57 sen and today bplant is 73 sen
plus bplant gave a total of 19 sen dividend to make a gain of 63%
I have believed in palm oil good prospects and will still believe as long as Cpo is above Rm3000 a ton
now that Cpo has rebounded above Rm4200 it is a real bonus
how not to be sanguine
2023-02-26 15:39
Calvin, yes, your reply here is confirmation you have too big an ego to know shame.
2023-02-26 16:58
Thank you Berlin for your admonition
I will take note of that
I hope you do well
Have a nice day
2023-02-26 18:18
Another day
another good news
Fgv declares an 11 sen dividend
At Rm1.34
yield is 8.2%
2023-02-27 14:17
Thplant excellent result
Another 1.5 sen dividend makes it 3 sen for Thplant
2023-02-27 19:32
Very good results in several companies. We should be really in bull speed if CPO maintain its burst to 5,000. W9ill it show the uptrend?
2023-02-27 20:11
I3investor Community Standards
I3investor allows investors around the world to publish their own stories, ideas, tips and comments. The conversation that happens on I3investor - and the opinions expressed here - mirror the diversity of the people using I3investor.
To balance the needs and interests of a various investors, I3investor protects comments and posts that meet the community standards outlined on this page.
Please review these standards. They will help you understand what type of comments and posts are acceptable, and what type of content may be reported and removed.
Violence and Threats
Safety is our top priority. You may not credibly threaten to harm others, or organize acts of real-world violence. We remove content and may escalate to law enforcement when we perceive a genuine risk of physical harm, or a direct threat to public safety. We also prohibit promoting, planning or celebrating any of your actions if they have, or could, result in financial harm to others, including theft and vandalism.
Self-Harm
I3investor takes threats of self-harm very seriously. We remove any promotion or encouragement of self-mutilation, eating disorders, hard drug abuse or suicide.
Bullying and Harassment
I3investor does not tolerate bullying or harassment. We allow users to speak freely on matters and people of public interest, but take action on all reports of abusive behavior directed at private individuals. Repeatedly targeting other users with offensive comments or messages is a form of harassment.
Hate Speech
I3investor does not permit hate speech. While we encourage you to challenge ideas, institutions, events, and practices, it is a serious violation to attack a person based on their race, ethnicity, national origin, religion, sex, gender, sexual orientation, disability or medical condition.
2023-03-02 22:36
WHY BPLANT SHARE PRICE SUDDENLY SURGED FROM 64 SEN TO 89 SEN?? Calvin Tan
https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2023-06-17-story-h-267726533-WHY_BPLANT_SHARE_PRICE_SUDDENLY_SURGED_FROM_64_SEN_TO_89_SEN_Calvin_Tan
2023-06-17 16:19
calvintaneng
Any careless sell down on palm oil shares present a good buying opportunity with FCPO Above Rm4200
Cost of Cpo Production only Rm1900 to Rm2200 means lots on FREE CASH FLOW (FCF) for Palm OIl Co to pay EXCELLENT STREAMS OF DIVIDENDS
2023-02-25 23:34