You cannot be selective in the EPS calculation by multiplying by 4 quarters for the current EPS, instead should be using the previous total EPS for the pass 4 quarters. Similarly, the dividend yield should consider the total dividend declared in financial year instead of the current quarter only
The rolling 4Q EPS for SWKPLNT is 45.65 which equates to P/E of 6.92 Vs HSPLANT 28 for a P/E of 8.39. Further the total dividend received for the F21 for SWKPLNT is 20 cents which equates to dividend yield of 6.3% ...
Last quarter EPS was 15, assuming conservative EPS this quarter around 23 cents, rolling 4 quarter would be around 58 cents, which equates to a P/ E of 4.7. Also take note Q421 Cpo average 4.5 to 5k, I would assume that the EPS would be higher, if we have better margin, hopefully fertilizer price is not so high.
If you look at YOY balance sheet, they have been clearing the long term and short term debt diligently after taann boss took over. The interest paid for the debt has also been reducing. The current ratio has been improving.
@Calvin, why not SWKPLNT as pure Palm oil play instead of TAANN, which is the controlling shareholder of SWKPLNT? Also with Dato Wong Kuo Hea as the executive director, they have manage to reduce the debt and improve the current ratio.
Genting don't need Skyworlds at the moment, biz and crowd are flocking there no matter if skyworlds is open
I think they are running at 50% visitor capacity and therefore skyworlds outdoor theme park is an additional revenue generator with better open space ventilation. I believe there a capacity limit to an area at any one time be it indoor or outdoor.
Leverage High but Manageable: Fitch forecasts standalone gross rent-adjusted leverage to approach 6x by 2022 (around 7x including HoldCo debt) driven by a more conservative proposed capital structure and a strong recovery in U.S. regional gaming from the coronavirus disruption. The credit profile should continue to modestly de-lever through 2024 as FCF generation can support a small level of debt paydown at the HoldCo level. EBITDAR margins have improved sequentially since early 2021, supported by management's privatization cost saving measures, increased win-per-unit-per-day (WUD), and regional gaming's strong recovery
From KJ tweet today: 86% adults have been fully vaccinated. 4% more until we lift interstate travel. With greater mobility, there will be more gatherings. We need to take responsibility for our actions. If you develop symptoms get a test kit and test. If positive, isolate quickly.
Klang valley and N9 vaccination rate are already there and also the ICU and hospitalisation usage are dropping. So all factor considered, now depends on Pahang = Pahang + N9+ Klang valley (interstate) instead of waiting for every state to reach the required criteria. You can git pull the daily data from MOH, the data don't lie.