CHIN TECK PLANTATIONS BHD

KLSE (MYR): CHINTEK (1929)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

Last Price

8.05

Today's Change

+0.01 (0.12%)

Day's Change

8.05 - 8.05

Trading Volume

500


2 people like this.

132 comment(s). Last comment by Diamond7 3 days ago

Posted by Intrinsic99 > 2021-11-17 14:03 | Report Abuse

When promoter always so much of sweat talk so much of approach for sure this iddiot spammer wanted to cash out from the stock purchased

Other members also buying valuable stocks but not behave like this iddiot spammer

We all feel ridiculous nonstop posting nonstop promoting

As I said earlier, if you so confidence to wait and if you so confidence what you invest why everyday need to promote, why everyday put up so many blog, why everyday go different stocks forum keep on promoting your palm oil stocks?

This is very obvious you desperately want to cash out your share bought and treat other members as waterfish.

Now all open your eye and see this iddiot spammer sold all MHC stock since this iddiot spammer so confidence about the palm oil sector earlier and keep on promoting to all members everywhere.


https://klse.i3investor.com/servlets/forum/600571451.jsp

>>>

I so pity members here listen to this iddiot end up you can burn you hard earned money and this iddiot laughing at you later.


In the real world, no free lunch to people unless you want to take advantage from others

I don't know why 3iii administrator didn't take any action to suspend this iddiot account to avoid further keep on spamming everyday and every way

I pegging administrator need to take proper action against this spammer in order to strengthen protection more and more victim investors.

calvintaneng

56,561 posts

Posted by calvintaneng > 2021-11-17 16:11 | Report Abuse

intrinsic99

See what you posted

Posted by Intrinsic99 > Mar 7, 2021 1:14 PM | Report Abuse

Hello, good afternoon every lover members.

I am new member here, I will appreciate all my senior fellow members here can give some golden advise to invest and to earn substantial profit at the equity market. Thank you very much.

YOU CONFESSED YOU ARE A NEW MEMBER HERE.

SO YOU BETTER LEARN FROM THOSE WHO KNOW BEST

SEE


Johnzhang @intrinsic99, this is for you just in case you missed it
https://themalaysianreserve.com/2021/11/16/strong-3q-earnings-expected...
17/11/2021 3:12 PM

Posted by Intrinsic99 > 2021-11-17 16:41 | Report Abuse

I only study the top 5 stocks, Simeplnt, KLK, IOI, PPB,Genp as the market reference. What can you see on the individual stock's chart?

If you can't understand the simple chart then you better don't come out and con all members here

Chua Zhi En

1,103 posts

Posted by Chua Zhi En > 2021-12-28 19:11 | Report Abuse

no big surprise? sad

Chua Zhi En

1,103 posts

Posted by Chua Zhi En > 2022-01-28 00:05 | Report Abuse

super good result?

Johnzhang

3,098 posts

Posted by Johnzhang > 2022-01-28 13:37 | Report Abuse

30 sen eps per qtr is very good ! 2022 is another bumper year .

Posted by GrowthCapitalist > 2022-06-05 22:47 | Report Abuse

I this company is doing well because it is purely FFB sales company. It seems everyone had missed their bullet in other plantation and forget about this. This company share price so cantik!

Diamond7

2,371 posts

Posted by Diamond7 > 2022-06-08 21:00 | Report Abuse

Buy and keep it in your safety box
Hidden gem!

EPS 101.46
PE ratio 9.46 (low)
Dividend yield ...bout 6%

Highly undervalued
Cash rich assets

Rich land banks

Diamond7

2,371 posts

Posted by Diamond7 > 2022-06-08 21:02 | Report Abuse

July quarterly report will be excellent!
Anticipating high dividend payout....

Diamond7

2,371 posts

Posted by Diamond7 > 2022-06-08 21:04 | Report Abuse

Can Chintek go beyond RM10???
Only time will tell...

Diamond7

2,371 posts

Posted by Diamond7 > 2022-06-12 21:04 | Report Abuse

Oops
Sorry....
Financial year August 2022
Expected EPS 140

First interim dividend 13 cents
Expected final dividend 47 cents
Dividend yield 6%

The Prime landbanks in Bandar Sri Sendayan was bought at RM5773 per acre in 1970
Currently worth bout 0.5 million per acre

Chintek has a nett cash of 385 million!!!

Diamond7

2,371 posts

Posted by Diamond7 > 2022-06-12 21:07 | Report Abuse

Chintek is a hidden gem..

Posted by wallstreetrookie > 2022-06-12 21:11 | Report Abuse

Chin Tek Plantation to hit 1B valuation

Posted by wallstreetrookie > 2022-06-12 21:13 | Report Abuse

Chin Tek Plantation: Stocks to Watch in mid Q3 2022

Good production figures to boost Chin Tek Plantation’s net profit.

Posted by wallstreetrookie > 2022-06-14 15:12 | Report Abuse

Chin-tek load up!

Posted by wallstreetrookie > 2022-06-14 15:13 | Report Abuse

Load up a truck. Why are you guys selling

Diamond7

2,371 posts

Posted by Diamond7 > 2022-06-15 20:13 | Report Abuse

Nett cash of 385 million! CHINTEK is the winner of interest rate hike! Hold tight tight!

Superbull star!
Dun miss the opportunity of your lifetime!
Never unload...

Never let go...
Till the volcano erupts!

DJThong

492 posts

Posted by DJThong > 2022-06-26 22:17 | Report Abuse

I no chance buy
Loss money in tsh follow Calvin

Diamond7

2,371 posts

Posted by Diamond7 > 2022-07-02 15:39 | Report Abuse

Must have independent thinking...@DJThong

To be a successful investor,
Needs...
Patience...
Rome is not built in one day!
Courage...
Optimistism n wisdom

Good Luck

Diamond7

2,371 posts

Posted by Diamond7 > 2022-07-03 00:00 | Report Abuse

To be a successful investor
Buy when stocks are low n undervalued!

1. Cash rich assets company
2. High dividend yield
3. Buy if price is undervalue...
Dun chase chase to new high!

Ham5ter

13 posts

Posted by Ham5ter > 2022-07-29 10:00 | Report Abuse

good qr, declare dividend, no movement?

Michael Kwok

6,442 posts

Posted by Michael Kwok > 2022-08-30 22:43 | Report Abuse

Price 8.40-8.46.Downgrade chinteck below rm 6.along the way 6-15 % upward.
30/8/2022 10.42pm.

dasan784

123 posts

Posted by dasan784 > 2022-09-12 13:32 | Report Abuse

Where is all the people who were asking us to buy buy and saying a dividend of 47cents will be given BUT we got 29cents. I sent a email to CHINTEK asking is true that they plan to unlock land value near SENDAYAN. Already 6 days but no reply. Only now i realize that these crooks wanted to throw their shares bought cheaply and disposed to us at a high price. Karma will hit these crooks very very hard. No worries as we have God to protect us. Cheers.

Posted by NatsukoMishima > 2022-09-26 13:51 | 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 !

Pinky

3,476 posts

Posted by Pinky > 2023-01-30 20:32 | Report Abuse

Glove 2.0? Ya meh???

Pinky

3,476 posts

Posted by Pinky > 2023-01-31 09:04 | Report Abuse

Reduced profit, not gonna turn into a loss like glove 1.0

Dehcomic01

340 posts

Posted by Dehcomic01 > 2023-11-10 09:44 | Report Abuse

Chin Teck – an irrational market?
Over the past decade the market has not always been rational as can been seen from the comparison between the ROE and market price. You can see that in 2018 when the ROE was at its high, the market price continued with its downtrend.
The current ROE is lower than the 2022 peak. While the market price had declined, it has not reached the 2019 lows. https://i.postimg.cc/50NzFvx0/ChinTek.png
From a fundamental perspective, Chin Teck performance lies in between my 2 Bursa plantation references – BPlant and KLK. I would not rate its fundamentals as fantastic.
So, not so fantastic fundamentals and a harder to read market behaviour. Is this an investment opportunity?
For more insights of the Bursa plantation sector go to https://www.youtube.com/watch?v=9KhboTCMdEg

calvintaneng

56,561 posts

Posted by calvintaneng > 2023-11-29 04:28 | Report Abuse

JAYA TIASA (4383) LATEST RESULT SHOWS A HUGE SURPRISE JUMP IN PROFIT: UP BY 100% KUDOS TO YOUR EXCELLENT HARD, WELL DONE! WELL DONE!! WORK , Calvin Tan

https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2023-11-29-story-h-214097097-JAYA_TIASA_4383_LATEST_RESULT_SHOWS_A_HUGE_SURPRISE_JUMP_IN_PROFIT_UP_B

Posted by Digerati > 2024-01-10 23:51 | Report Abuse

CHIN TECK PLANTATIONS BERHAD - 65th Annual General Meeting
Date : 30 Jan 2024
Time : 10.30am
Type : Virtual

Join meeting at : https://sinthye-online.d-agm.com/

Diamond7

2,371 posts

Posted by Diamond7 > 2024-02-11 10:18 | Report Abuse

Cold ...very cold counter!

Nothing exciting!
Low dividend
No bonus

Directors
Please give higher dividend n declare bonus issues

We are waiting!

Diamond7

2,371 posts

Posted by Diamond7 > 2024-04-09 19:01 | Report Abuse

KUALA LUMPUR (Mar 25): Given the steep discount to its underlying value, oil palm planter Chin Teck Plantations Bhd may stand to be privatised in the future, according to PublicInvest Research.

In a research note on Monday, PublicInvest Research said the group is currently trading at an undemanding valuation of only 2.6 times historical price-to-earnings (P/E) ratio multiple or discounted price-to-book (P/B) ratio of 0.79 times, based on its financial results for the financial year 2023 (FY23).

Furthermore, the plantation group was also noted to be sitting on a cash position of RM408 million with zero gearing. It also owns investment securities worth RM132 million.

"Assuming our current valuation of 11 times FY25 EPS (earnings per share) for the upstream plantation business plus the liquid assets (cash + investment securities for bond and equity instruments) totalling RM540 million, the fair value of the company could be worth more than RM900 million or RM9.84 per share," it said.

"Given steep discount to its underlying value, we do not rule out the possibility of privatisation in the future," the research house added

Posted by anonymouse66 > 2024-04-26 12:02 | Report Abuse

QR is good

Diamond7

2,371 posts

Posted by Diamond7 > 16 hours ago | Report Abuse

KUALA LUMPUR (April 25): Chin Teck Plantations Bhd’s net profit surged sevenfold for the financial quarter ended Feb 29, 2024 (2QFY2024) thanks to higher palm oil production as well as lower operating and administrative expenses.

Net profit leapt by 612.2% to RM20.8 million from RM2.92 million a year earlier. Quarterly revenue increased by 11.1% year-on-year (y-o-y) to RM51.26 million from RM46.14 million, thanks to increased sales volume of fresh fruit bunches (FFB), crude palm oil (CPO) and palm kernels (PK).

Diamond7

2,371 posts

Posted by Diamond7 > 2024-04-28 19:49 | Report Abuse

Chin Teck Plantations - Bolstered by Lower CPO Production Cost
Date: 2024-04-26
Firm: PUBLIC BANK
Stock: CHINTEK
Price Target: 8.38
Price Call: HOLD
Last Price: 7.67
Upside/Downside:
+0.71 (9.26%)

Stripping out i) foreign exchange gain (RM2.9m) and ii) net fair value gain on investment securities (RM3m), Chin Teck Plantations posted 1HFY24 core earnings of RM36.3m, up 12.7% YoY. The better results were in line with our and the street full-year expectations, making up 46% and 56%, respectively. In view of the stronger-than-expected results, we raise our FY24-26F earnings projection by 7-8% to account for improved OER and lower production cost. Maintain Neutral with a higher TP of RM8.38. No dividend was declared for the quarter.

Posted by anonymouse66 > 2024-05-02 18:21 | Report Abuse

too bad no dividend or can see 8.00

Diamond7

2,371 posts

Posted by Diamond7 > 2024-06-29 17:22 | Report Abuse

KUALA LUMPUR: Chin Teck Plantations Bhd is projected to achieve commendable results for its financial year 2024 (FY24), due to the stronger-than-anticipated fresh fruit bunches (FFB) growth in the first nine months and stable crude palm oil (CPO) prices.

Public Investment Bank Bhd (PublicInvest) said the FFB production rose by 19.9 per cent year-on-year (YoY) to 177,967 metric tons in the first nine months, surpassing its projection of 5 per cent.

"In the third quarter (3Q), FFB production surged by 59.8 per cent YoY to 60,693 metric tons, while the average CPO price increased from RM4,044 per metric ton to RM4,128 per metric ton.

"Given the improved FFB production and CPO prices, we anticipate stronger earnings for the third quarter of the of the financial year 2024 (3QFY24) (March 2024–May 2024), with results expected to be released by the end of July," it said.

Additionally, the bank-backed research firm noted that, with a substantial cash reserve of over RM400 million, Chin Teck is well-positioned to explore merger and acquisition (M&A) opportunities to expand its landbank in its current plantation areas.

On the potential privatisation of the company, PublicInvest said it cannot be ruled out given the significant discount to its underlying value, as the company's price-to-earnings P/E ratio stands at only 2x after accounting for its cash holdings of RM409 million and investment securities of RM140 million.

"In our March 25, 2024 report, we highlighted the potential for privatisation due to the significant discount to the company's underlying value, with the fair value estimated at over RM900 million, or RM9.84 per share.

"At the current share price, the Goh family would need approximately RM150–200 million to privatise the group, which holds a cash reserve of RM409 million," it said.

PublicInvest has maintained a 'neutral' rating for Chin Teck with an unchanged target price of RM8.38.

Diamond7

2,371 posts

Posted by Diamond7 > 2024-07-29 19:03 | Report Abuse

Vow

Chintek NTA up
10.05

28 cents dividend
Hooray!

ameeya13

19 posts

Posted by ameeya13 > 2024-07-30 15:37 | Report Abuse

Big dividend!

calvintaneng

56,561 posts

Posted by calvintaneng > 2024-07-31 07:32 | Report Abuse

RESULTS OF UNITED PLANT, CHINTECK PLANTATION & SARAWAK OIL PALM TELL US THAT WE SHOULD UPGRADE PALM OIL TO OVERWEIGHT, Calvin Tan

https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2024-07-31-story-h-155263555-RESULTS_OF_UNITED_PLANT_CHINTECK_PLANTATION_TELL_US_THAT_WE_SHOULD_UPGR

calvintaneng

56,561 posts

Posted by calvintaneng > 2024-07-31 07:32 | Report Abuse

TSH VERY SAFE

TRUMP IN POWER: TECH IN TROUBLE (A Prudent Person Foresees Danger & Hide himself, Calvin Tan

https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2024-07-31-story-h-155265511-TRUMP_IN_POWER_TECH_IN_TROUBLE_A_Prudent_Person_Foresees_Danger_Hide_hi

Diamond7

2,371 posts

Posted by Diamond7 > 1 month ago | Report Abuse

CPO above 4200
Mini rally in CPO counters!
Chintek up

Ahthau

5 posts

Posted by Ahthau > 1 month ago | Report Abuse

Any chance the directors declare dividend payment on or before 31Dec 24 to avoid dividend tax ?

Diamond7

2,371 posts

Posted by Diamond7 > 3 weeks ago | Report Abuse

October 30 th
Quarterly report out

Chintek is cash rich!
Hopefully directors will declare a big special dividend before end of 2024 in view of the 2% dividend tax!

Diamond7

2,371 posts

Posted by Diamond7 > 2 weeks ago | Report Abuse

Hopefully Directors will declare a big dividend n bonus issue end of December or early January!

Diamond7

2,371 posts

Posted by Diamond7 > 2 weeks ago | Report Abuse

Normally dividend is announced on 3 rd Jan
Ex. Date on 18 th Jan

This year
Hopefully this year announced n ex date before end of December to avoid the 2% tax!

Diamond7

2,371 posts

Posted by Diamond7 > 2 weeks ago | Report Abuse

CPO moving up
Now can see more n more buyers in plantation stocks!

Taann very strong! Jtiasa oso strong! Hopefully Chintek gives good dividend n bonus issues or share split!

Diamond7

2,371 posts

Posted by Diamond7 > 1 week ago | Report Abuse

Strong...
Growing stronger!

Diamond7

2,371 posts

Posted by Diamond7 > 3 days ago | Report Abuse

Hopefully chintek gives big special dividend before end of the year!

Post a Comment
Market Buzz