Posted by supersinginvestor > 2022-06-23 14:01 | Report Abuse

Lol...
Take profit when high buy bak later when low..
Never be attacked to a stock..
But dont worry it will go up.again soon..

Posted by NatsukoMishima > 2022-06-28 21:48 | Report Abuse

CPO = GLOVE ASP 2.0 = MOST EXPENSIVE LESSON IN BURSA STOCK HISTORY !

Posted by NatsukoMishima > 2022-07-06 13:07 | Report Abuse

Leave all the commodities stocks now , great recession coming , Russia-ukraine war is going to end soon , all commodities stocks will plummet 50 % more !

Posted by NatsukoMishima > 2022-07-06 15:47 | Report Abuse

If ASP drop below rm 3000 then no factory want to process the palm oil !

Posted by sheldon > 2022-09-13 15:20 | Report Abuse

supersinginvestor

I said before n saying again...
US DOLLAR DEBT....

FYI I've combed through the accounts & I did not come across any FX borrowings

Posted by TreeTopView > 2022-09-13 15:37 | Report Abuse

@sheldon, I don't want to get into this discussion too much as I don't hold the stock, however I'm bored this afternoon and saw your comment about BK not having any exposure to foreign debt.

I have to correct your statement, BK does have foreign loans , such as USD, GBP, AUD, JPY, EURO. and RMB.

Posted by sheldon > 2022-09-13 20:51 | Report Abuse

TreeTopView
@sheldon, I don't want to get into this discussion too much as I don't hold the stock, however I'm bored this afternoon and saw your comment about BK not having any exposure to foreign debt.

I have to correct your statement, BK does have foreign loans , such as USD, GBP, AUD, JPY, EURO. and RMB.

Noted I stand corrected tq. However note 35 of the Ann Rpt only mentioned rather vaguely sketchily ... "The aggregate outstanding nominal value of the Ringgit Sukuk and Non-Ringgit Sukuk issued under the 2nd Programme shall not exceed RM1.6 billion (or its equivalent in foreign currencies)."

Posted by sheldon > 2022-09-22 10:04 | Report Abuse

Come on - get on the bus!

Posted by lionel messi > 2022-09-22 15:51 | Report Abuse

Sheldon sounds so much like me TreeTop. Somehow we love this bus.

Posted by TreeTopView > 2022-09-22 16:32 | Report Abuse

There is nothing wrong with this bus, LM, as long most of the passengers didn't buy overpriced tickets from dubious tourist operators.
I doubt if we'll see it speeding along the highway anytime soon , however passengers can check out the scenic views as they are driving around the principality of Liechtenstein to unload luggage once or twice a year.

:)

Posted by sheldon > 2022-09-26 10:46 | Report Abuse

Urgh! Should've taken the next bus

Posted by NatsukoMishima > 2022-09-26 13:52 | Report Abuse

Glove 2.0 ! Later all farmer will sell at net loss cost when ASP drop to below rm 2500 per tonne at year end !

Posted by NatsukoMishima > 2022-09-28 16:03 | Report Abuse

Glove 2.0 coming , run right now , cut loss to protect capital , dont repeat the same mistake by glove tards , u will be trap by many years !

Posted by NatsukoMishima > 2022-09-28 22:38 | Report Abuse

Many sin ga like to do calculation , at the end share price plummet also like glove stocks !

Posted by WilburR2 > 2022-10-04 14:47 | Report Abuse

Co last buy back was about rm27

Posted by lionel messi > 2022-10-06 09:37 | Report Abuse

Why no share buy back now? So cheap.

Posted by sheldon > 2022-10-21 10:59 | Report Abuse

Come December - dividend announcement - the bigger of the 2 yearly dividend announcements - get ready to fill up your bank account

Posted by NatsukoMishima > 2022-11-03 22:16 | Report Abuse

https://www.cnbc.com/2022/11/03/gates-backed-c16-biosciences-uses-yeast-to-create-palm-oil-substitute.html

Posted by lionel messi > 2022-12-05 08:53 | Report Abuse

Started back their share buy back. About time. Fantastic price.

Posted by sheldon > 2022-12-05 22:53 | Report Abuse

I like it very much when management buys back shares - less dividends to pay, better ROE and EPS.

Posted by sheldon > 2022-12-07 10:47 | Report Abuse

Dividend announcement imminent - either today or tomorrow.
Hopefully generous. Need to fatten my pocket money.

Posted by sheldon > 2022-12-09 20:43 | Report Abuse

I'm rich! I'm rich!

Posted by PassionateInvestor > 2022-12-10 09:44 | Report Abuse

Pleasantly surprised that dividend still managed to match last year's

Posted by WilburR2 > 2022-12-12 10:01 | Report Abuse

Nice div total for year 1.10

Posted by sheldon > 2022-12-12 10:38 | Report Abuse

In the past, the final dividend hovered around 40-45 sen.

They've rightfully raised dividends in line with inflation and I belief wised up to the idea that this Co has the capacity to pay handsome dividends to compensate for the shortfall in market price due to lack of trading liquidity. Co being cash rich is good for shareholders but better if the shareholders themselves are cash rich. No strain on the cash flow or reserves to BK in appeasing shareholders but massive goodwill is generated. I hope other cash & reserve-rich companies like Petron can draw lessons from BK.

Posted by lionel messi > 2023-01-04 08:28 | Report Abuse

Share buy back last year was 1.07 mil shares at avg price of RM24.31 as disclosed by its chairman in their latest annual report. Great transparency BK.

Posted by rahulsk1947 > 2023-02-15 15:36 | Report Abuse

will BKAWAN crash post dividend payout date?

Posted by Wealthy99 > 2023-02-21 21:14 | Report Abuse

will be back to 15 to test the support if broke below 19

Posted by sheldon > 2023-02-26 22:50 | Report Abuse

Barring unforseen circumstances - If it drops to 15, I'd sell every other asset including the kitchen sink and park all my money here, sit back and wait

Posted by moven00 > 2023-03-05 17:56 | Report Abuse

15 is really a tempting price to enter. I won’t throw everything in but definitely will start buying some too. Keep it for good dividend.

Posted by serbatipu > 2023-06-09 11:43 | Report Abuse

waoo roket !

Posted by sheldon > 2023-07-25 21:08 | Report Abuse

Urgh! Other people's misery is our gain - TQ Putin and El Nino

Posted by sheldon > 2023-08-24 22:31 | Report Abuse

Again following the acquisition of CCM at excessively high price, KLK like sugar daddy is acquiring Boustead Plantation, a good-for-nothing at a ridiculously high price of 1.55 per share.

Note that the highest price this BP had reached over the past 5 years was about 1.15 until today perhaps because somebody got wind of the acquisition, it climbed up to 1.37.

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 2023-09-13 17:36 | Report Abuse

YEAR .. DPS(SEN) .. EPS(SEN) .. YEPX
2009 .. 56.75 .. 70.57 .. 10.28
2010 .. 45 .. 100.86 .. 16.9
2011 .. 65 .. 155.66 .. 17.46
2012 .. 95 .. 116.13 .. 19
2013 .. 65 .. 112.46 .. 19.6
2014 .. 55 .. 127.11 .. 17.34
2015 .. 60 .. 120.96 .. 17.5
2016 .. 50 .. 147.29 .. 18.4
2017 .. 55 .. 137.97 .. 19.6
2018 .. 60 .. 95.86 .. 16.68
2019 .. 55 .. 92.18 .. 17.44
2020 .. 60 .. 89.79 .. 17.9
2021 .. 60 .. 232.88 .. 22.7
2022 .. 120 .. 280.00P .. 22.3


DPS, EPS and Year End Price are adjusted for capital changes
Total cumulative EPS 1599.72
Total Cumulative DPS 901.75
DPO Ratio 56.4%
Batu Kawan

Posted by sheldon > 2023-09-13 20:32 | Report Abuse

TQ 3iii.
Wouldn't it be reasonable (& nice) if the board pledges a dividend pay out rate of 50% EPS?

Posted by sheldon > 2023-10-11 15:04 | Report Abuse

Good for B. Kawan & KLK that the govt has decided to bear the B. Plant burden.

Posted by sheldon > 2023-12-07 04:54 | Report Abuse

Dear Lord - As you may be aware, dividend announcement is around the corner. Please guide the board's mind with rationality.

Tell them that although the EPS may have dropped drastically, the net profit of RM1086m is more than enough to repeat another 90 sen dividend amounting to 354m to your patient shareholders without even touching the brought forward reserves. Do the right thing - we are waiting for this Christmas gift.

Posted by taurus67 > 2023-12-11 12:05 | Report Abuse

Final dividend last year was 90 sen. This year, reduce more than 50%.

Posted by sheldon > 2023-12-11 15:32 | Report Abuse

Obviously my prayers were not answered.

Posted by invest8912 > 2023-12-11 16:07 | Report Abuse

The EPS dropping so much for the past few quarters. Even if they pay 90 cents, it's not sustainable. Better switch to Utdplt.

Posted by sheldon > 2023-12-12 11:04 | Report Abuse

While conservative is admirable, being excessively conservative is not. 90sen dividend is indeed sustainable. Assess for yourself against these numbers ...

Net Profit 2023 = 1086m
Retained earnings (distributable reserve) = 5613m
Cash = 2717m
90sen dividend = 354m

Posted by invest8912 > 2023-12-12 11:36 | Report Abuse

How do you get 1086m ?
Net profit for 2023 only 235.3m + 120.05m + 82.81m + 52.75m = 490.91m

This stock has a lot of reserve but we ikan bilis can only see but can not touch. What's the use ?

Posted by sheldon > 2023-12-12 14:48 | Report Abuse

Ok I stand corrected, it should be attributable to equity holders of the co i.e. 491m. But still it can pay the full 90 sen (354m) or perhaps as a compromise say 80 sen to appease shareholders. There are other companies that are in a worse-off financial position but declare large dividends - shareholders love them hence the share price trade at higher PEs - like Apollo for instance.

Management should get out of their comfort zone to manage funds efficiently and ensure that shareholders are happy.

Posted by invest8912 > 2023-12-14 16:09 | Report Abuse

If not mistaken, large portion of the 491m is only paper profit from KLK. Since KLK didn't declare dividend this quarter, BKawan don't really have so much cash to pay dividend unless they use their reserve. This stock earned me the first 100% profit many years ago, at that time the net profit/dividend quite consistent. The past few quarters really disappointing. Luckily found Utdplt recently.

Posted by invest8912 > 2023-12-14 16:14 | Report Abuse

Rough estimate, KLK contributes 2/3 of the net income for Bkawan. So net profit generated by BKawan itself is 163m.

Posted by sheldon > 2023-12-15 11:57 | Report Abuse

Many companies can generate good profits. A main challenge that follows is the conversion of that profits into cash. So perhaps BK & KLK seem to have some difficulties in this. High up in the list of these great companies, should be to appease shareholders either in the form of generous dividends or capital gains.

I really like the active share buyback that BK undertakes. That's money well spent. Despite that (albeit on hindsight) they shouldn't have conducted the buybacks when it was lofty during the covid period - a ton of cash vanished.

Another major money pit was the huge premium BK paid to acquire Chemical Co of M'sia in exchange for precious cash. Maybe as shareholders we may never know the full rationale for this other than what was officially discussed.

Ok I've rambled enough.

Posted by Golf123 > 2023-12-16 04:32 | Report Abuse

It's a long game, keep it

Posted by i3gambler > 2024-02-14 17:35 | Report Abuse

Turn out to be BKAWAN to pay Cash Dividend as it sold plantation asset in Kalimantan to KLK.

Posted by WilburR2 > 2024-02-21 05:58 | Report Abuse

pay cash dividend?

Posted by WilburR2 > 2024-02-21 05:58 | Report Abuse

inter party transaction