GENTING PLANTATIONS BERHAD

KLSE (MYR): GENP (2291)

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

Last Price

6.24

Today's Change

-0.04 (0.64%)

Day's Change

6.23 - 6.26

Trading Volume

32,100


3 people like this.

668 comment(s). Last comment by Hong9933 1 week ago

James_Bond

2,244 posts

Posted by James_Bond > 2023-09-07 11:28 | Report Abuse

Genting plantation owns premium outlet at Johor! Always crowded with locals and Singaporeans!

James_Bond

2,244 posts

Posted by James_Bond > 2023-09-07 11:34 | Report Abuse

Uncle Lim will be very upset to see GenP being screwed like this…

James_Bond

2,244 posts

Posted by James_Bond > 2023-09-07 11:35 | Report Abuse

I m with you, Uncle Lim. My honor to assist Uncle Lim to defend GenP! Cheers!

KClow

1,090 posts

Posted by KClow > 2023-09-07 12:41 | Report Abuse

Genp good

Posted by STEVENGAN > 2023-09-07 22:56 | Report Abuse

Its time to All In!!!!!!

KClow

1,090 posts

Posted by KClow > 2023-09-08 09:43 | Report Abuse

Yes all in

tnang

680 posts

Posted by tnang > 2023-09-08 12:10 | Report Abuse

slowly buy....

James_Bond

2,244 posts

Posted by James_Bond > 2023-09-08 15:31 | Report Abuse

Bought 5.18! Haha… TQVM. Cheers!

James_Bond

2,244 posts

Posted by James_Bond > 2023-09-08 16:33 | Report Abuse

Yummy…

KClow

1,090 posts

Posted by KClow > 2023-09-08 16:37 | Report Abuse

I will wait abit

James_Bond

2,244 posts

Posted by James_Bond > 2023-09-09 21:49 | Report Abuse

PH government won both by-elections in Johor! Johor theme play initiating again! Remember GenP Kulai and Batu Pahat Palm oil Mills, GenP Johor Premium Outlet! Cheers!

speakup

24,467 posts

Posted by speakup > 2023-09-09 21:58 | Report Abuse

Wow! No more Green Wave

James_Bond

2,244 posts

Posted by James_Bond > 2023-09-11 12:27 | Report Abuse

GenP landbank could use to sell carbon credits to others! Watch out!

James_Bond

2,244 posts

Posted by James_Bond > 2023-09-11 12:29 | Report Abuse

Scooping before others noticing… haha…

James_Bond

2,244 posts

Posted by James_Bond > 2023-09-21 10:49 | Report Abuse

Wow, Heard gov going to abolish palm oil windfall tax!

James_Bond

2,244 posts

Posted by James_Bond > 2023-09-22 16:21 | Report Abuse

Go go go GenP!

James_Bond

2,244 posts

Posted by James_Bond > 2023-09-22 16:32 | Report Abuse

Huat! Huat! Huat!

tnang

680 posts

Posted by tnang > 2023-10-05 15:18 | Report Abuse

wait for you at good price to enter again

Posted by Fabien _the efficient capital allocator > 2023-10-30 20:22 | Report Abuse

Very interesting discovery by the Maybank IB team.

16,908 ha freehold land worth more than its mkt cap
GENP is one of the largest freehold land owner in Peninsular Malaysia (PM)
with 16,908 ha, with 61% located in Johor, 18% in Malacca & Negeri
Sembilan, 18% in Kedah & Perak, and 3% in Selangor (ie. Sepang). GENP
continues to carry these valuable assets at their book values. As these
lands were amassed progressively since 1981, and strategically located on
highly populated areas of the west coast of PM, we estimate these freehold
land to be worth MYR7.25b or 1.5x GENP’s current market cap.

Its 10,397 ha Johor land is worth MYR5,656m
GENP has remaining 10,397 ha of freehold land in Johor, of which 2,555 ha
(or 6,311 acres) are located in the Iskandar region, making GENP one of
the largest landowner in Iskandar. GENP has two active township projects
in Johor - at Kulai and Batu Pahat. Since the 1990s, GENP has been
monetising some of its prime estate land via property developments.
Its freehold landbank offers good inflationary hedge
GENP has focused on aggressively growing its oil palm planted area from
48,710 ha in 2003 to 138,301 ha in 2022, translating to a CAGR of 5.4%. As
land values in Malaysia appreciate, most of GENP’s oil palm expansion over
the last two decades shifted to Indonesia. Naturally, the oil palm division
is the larger profit contributor, accounting for 67%-95% of its yearly group
core PBIT over the past 10 years, with the balance contributed by the
property division. In the past, the property division has helped to weather
the earnings of the group during periods of low oil palm profits.

James_Bond

2,244 posts

Posted by James_Bond > 2023-10-31 10:01 | Report Abuse

Go go go GenP! I m loving you!

James_Bond

2,244 posts

Posted by James_Bond > 2023-11-03 09:55 | Report Abuse

Congrats my fellow comrades for buying GenP at extremely low price and r laughing to the bank! Cheers!

James_Bond

2,244 posts

Posted by James_Bond > 2023-11-06 10:27 | Report Abuse

Go go go GenP! Haha! Congrats!

ElizaWong

513 posts

Posted by ElizaWong > 2023-11-10 09:33 | Report Abuse

Queue at 5.50 to average down ..

ElizaWong

513 posts

Posted by ElizaWong > 2023-11-14 15:18 | Report Abuse

Maybank upgraded GENP to a "buy" by the way
...
Its major shareholders are parent company Genting Bhd (55.4%), Employees Provident Fund (12.6%) and Kumpulan Wang Persaraan (7.5%)

Dehcomic01

286 posts

Posted by Dehcomic01 > 2023-11-18 08:31 | Report Abuse

From a fundamental perspective, the ROE of Genting Planation falls below that of my reference Bursa Plantation company – KLK. https://ujianehc.blogspot.com/2023/11/bursa-plantation-sector.html
I would even rate Genting Plantation performance as no better than that of BPlant.
https://i.postimg.cc/J0xkmVPL/Genting-Plantation.png

The interesting think for the punters is that the share price of ROE of Genting Plantation is moving in the opposite direction of the improvement in the ROE. If you believe in the Efficient Market Hypothesis, you would expect the share price to eventually reflect the business performance. Is this a counter to speculate?

James_Bond

2,244 posts

Posted by James_Bond > 2023-11-20 13:58 | Report Abuse

Go go go GenP. I m loving you! Cheers!

James_Bond

2,244 posts

Posted by James_Bond > 2023-11-23 14:31 | Report Abuse

Calculated ROE 15+% from the latest QR! Expecting GenP to go back to NTA and above!

James_Bond

2,244 posts

Posted by James_Bond > 2023-11-23 14:32 | Report Abuse

Dehcomic01, no doubt you clearly failed your maths!

ElizaWong

513 posts

Posted by ElizaWong > 2 months ago | Report Abuse

Super cheap now for GenP. Time to accumulate more

James_Bond

2,244 posts

Posted by James_Bond > 2 months ago | Report Abuse

Congrats comrades for following me to buy dirt cheap low price below 5.20! Cheers!

ElizaWong

513 posts

Posted by ElizaWong > 2 months ago | Report Abuse

Nice, James_Bond. Now got decent paper gains alrdy

ElizaWong

513 posts

Posted by ElizaWong > 2 months ago | Report Abuse

let's wait and hope it can hit Rm6 before new year 😊

James_Bond

2,244 posts

Posted by James_Bond > 2 months ago | Report Abuse

Be informed that I wil be taking profit slowly… Merry Christmas, my comrades! Cheers!

ElizaWong

513 posts

Posted by ElizaWong > 2 months ago | Report Abuse

Good for you. Have a blessed Christmas

Posted by Fabien _the efficient capital allocator > 1 month ago | Report Abuse

Johor theme in play. GENP is a laggard. They have more than 10,000 hectare of freehold land in Johor (Batu Pahat, Kulai, Air Itam, Simpang Renggam).

ElizaWong

513 posts

Posted by ElizaWong > 1 month ago | Report Abuse

Good good. Now it's moving strong towards RM6

Calvin882

1,562 posts

Posted by Calvin882 > 1 month ago | Report Abuse

Its really happening. I took so long

James_Bond

2,244 posts

Posted by James_Bond > 1 month ago | Report Abuse

Congrats my comrades! I hv sold 90%, keeping 10% and let profit runs… haha..

dompeilee

11,888 posts

Posted by dompeilee > 1 month ago | Report Abuse

dompeilee

Averaged down on the 100 GenP shrs I bought to collect AGM gifts in 2017...@ $5.42

2023-09-01 10:42

🤗🤗🤗

Posted by Fabien _the efficient capital allocator > 1 month ago | Report Abuse

2018: EPS 20.5 sen (SPr: 9.06 to 10.72)
2019: EPS 16.6 sen (SPr: 9.36 to 10.80)
2020: EPS 28.4 sen (SPr: 8.50 to 10.80)
2021: EPS 48.2 sen (SPr: 6.46 to 9.93)
2022: EPS 52.5 sen (SPr: 5.55 to 9.58)

Pre-covid, GENP trades at RM9 to RM10+
Last 2 years, GENP record profit, however valuation multiple was much lower due to high interest rate environment. As rates are anticipated to moderate lower, expect PE multiple re-rating.

Posted by Fabien _the efficient capital allocator > 1 month ago | Report Abuse

Their sizeable landbank is valued at more than RM5billion.

ElizaWong

513 posts

Posted by ElizaWong > 1 month ago | Report Abuse

Patience will always pay off 🤗

Posted by Fabien _the efficient capital allocator > 1 month ago | Report Abuse

Despite market weakness this week, GENP is holding up well.

zhen wei & JP

1,169 posts

Posted by zhen wei & JP > 1 month ago | Report Abuse

Just trying ..

Posted by Fabien _the efficient capital allocator > 1 month ago | Report Abuse

CPO above 3.9k. bullish

hng33

19,734 posts

Posted by hng33 > 1 month ago | Report Abuse

Bought GENM at 6.39-6.40

Posted by Fabien _the efficient capital allocator > 1 month ago | Report Abuse

welcome @hng33

you are here means we can further ride the upside. what's your trading plan?

hng33

19,734 posts

Posted by hng33 > 3 weeks ago | Report Abuse

sold back at 6.45-6.47, swap to genting

Hong9933

41 posts

Posted by Hong9933 > 1 week ago | Report Abuse

Collect 6.2

Post a Comment