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

7.50

Today's Change

+0.05 (0.67%)

Day's Change

7.45 - 7.52

Trading Volume

25,200


2 people like this.

119 comment(s). Last comment by anonymouse66 1 week ago

Diamond7

2,210 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

2,210 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

6,090 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

103 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

3,228 posts

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

Glove 2.0? Ya meh???

Pinky

3,228 posts

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

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

Dehcomic01

304 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

53,355 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

2,210 posts

Posted by Diamond7 > 2 months ago | 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

2,210 posts

Posted by Diamond7 > 1 month ago | 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 > 2 weeks ago | Report Abuse

QR is good

Diamond7

2,210 posts

Posted by Diamond7 > 1 week 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

2,210 posts

Posted by Diamond7 > 1 week ago | 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 > 1 week ago | Report Abuse

too bad no dividend or can see 8.00

Post a Comment
Market Buzz