SUNGEI BAGAN RUBBER CO (M) BHD

KLSE (MYR): SBAGAN (2569)

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Last Price

6.46

Today's Change

+0.10 (1.57%)

Day's Change

6.40 - 6.50

Trading Volume

56,000


3 people like this.

202 comment(s). Last comment by dompeilee 6 days ago

0bucks

253 posts

Posted by 0bucks > 2013-09-27 10:12 | Report Abuse

Wow, nice uptrending pattern and dividend

iafx

4,632 posts

Posted by iafx > 2014-04-25 15:10 | Report Abuse

net cash $2 per share co., net asset per share $6.49, rolling 4 qtrs. 23.5c. this ctr nothing short compare to SAB. check it out!!

Diamond7

2,223 posts

Posted by Diamond7 > 2014-09-25 18:57 | Report Abuse

Brewing ?

Diamond7

2,223 posts

Posted by Diamond7 > 2015-04-01 22:21 | Report Abuse

When bonus, share split and warrants?

tokabah56

10 posts

Posted by tokabah56 > 2015-08-24 16:14 | Report Abuse

sbagan estate will be airport!

Diamond7

2,223 posts

Posted by Diamond7 > 2015-11-07 11:50 | Report Abuse

Hope they announce bonus and share split soon........
NTA higher and higher each year.....
Deeply undervalue!!!
Cash rich but very 'kiam siap' !!!

Diamond7

2,223 posts

Posted by Diamond7 > 2015-11-10 13:05 | Report Abuse

Still not yet announce anything...arhhh......!!!

Diamond7

2,223 posts

Posted by Diamond7 > 2015-11-16 21:31 | Report Abuse

Only 2%!!! Hopeless!!!

Diamond7

2,223 posts

Posted by Diamond7 > 2016-09-08 11:02 | Report Abuse

Very cold counter.....but can see some buying. ANy hot news?

Diamond7

2,223 posts

Posted by Diamond7 > 2017-01-04 14:32 | Report Abuse

cheap cheap...only RM2.91

Diamond7

2,223 posts

Posted by Diamond7 > 2017-08-30 08:50 | Report Abuse

Any cooperate exercise?

TheContrarian

8,900 posts

Posted by TheContrarian > 2017-09-09 21:54 | Report Abuse

I once own this counter but was stuck with it for 2 years before exiting for a 20% gain. Very hard to exit.

dompeilee

11,888 posts

Posted by dompeilee > 2018-01-12 09:28 | Report Abuse

FINALLY...after 3 years, ABOVE my cost + commissions of 3.2501 per share :)

Diamond7

2,223 posts

Posted by Diamond7 > 2018-01-12 10:09 | Report Abuse

Congrats dompeilee! M happy too! I waited since 2010....

dompeilee

11,888 posts

Posted by dompeilee > 2018-01-12 10:12 | Report Abuse

Haha....stuck long time but was never worried coz the safest counters in the world...only qs is how patient.

dompeilee

11,888 posts

Posted by dompeilee > 2018-01-12 10:21 | Report Abuse

3.90-!!!! :D

dompeilee

11,888 posts

Posted by dompeilee > 2018-01-12 10:21 | Report Abuse

!!!!!!!4.00!!!!!!

Diamond7

2,223 posts

Posted by Diamond7 > 2018-01-12 10:40 | Report Abuse

This XO!!! Pregnant!!!
Any babies????

Diamond7

2,223 posts

Posted by Diamond7 > 2018-01-12 10:41 | Report Abuse

Wa....n Wa....

dompeilee

11,888 posts

Posted by dompeilee > 2018-01-12 10:41 | Report Abuse

Left only SBagan haven't limit up...Kluang & Kuchai already limit up :)

jfjfwong

157 posts

Posted by jfjfwong > 2018-01-12 15:32 | Report Abuse

GELA now at SGD 30.75 !!!
8th Sungei Bagan Rubber Company (Malaya) Berhad 1,733,120 0.37%
around MYR 160M for GELA

SBAGAN NAPS is RM9.31

jfjfwong

157 posts

Posted by jfjfwong > 2018-01-12 15:36 | Report Abuse

ignore all other asset and business
(GELA)MYR160M + MYR150M(cash on bank) = MYR310M
current market cap only around MYR260M

speakup

25,307 posts

Posted by speakup > 2018-01-12 15:39 | Report Abuse

in year 2005 many ppl chase up Kuchai, Sbagan & Kluang due to their high NTA, but the companies refused to share their wealth with shareholders. Shareholders pestered the owners but to no avail. So investors lost interest in these 3 companies and their share price dropped way below NTA.
Today we see the same thing happening. History repeats after 12 years. But of course, different players this time.

dompeilee

11,888 posts

Posted by dompeilee > 2018-01-12 15:51 | Report Abuse

As long as CAPITAL "I" makes $, I dun care who is disappointed...I rarely chase any counter so I'm not a victim of these value traps.

Posted by GreatWarrants > 2018-01-12 17:24 | Report Abuse

SBAGAN the last one to limit up..
Sbagan will move faster eventually :..
Look at NTA RM 10
This stock highly undervalued

Bullcoming

848 posts

Posted by Bullcoming > 2018-01-12 18:19 | Report Abuse

Hopefully Monday this company turn limit up x2

dompeilee

11,888 posts

Posted by dompeilee > 2018-01-12 18:45 | Report Abuse

SBagan is the only one of the 3 I didn't sell a single share since '15. Post '05 bonus high is 10+ so lots of room to rise :)

cefiro22

383 posts

Posted by cefiro22 > 2018-01-13 19:47 | Report Abuse

Yep...The Star reported>>Kuchai is the sixth largest shareholder with 3.03 million shares in Great Eastern Malaysia’s parent company, Great Eastern Holdings Ltd (GEH) that is listed in Singapore.

At the 8th position is S. Bagan with 1,733 million shares, and the "par" value of S.Bagan being RM1/- compared to Kuchai 50 sen par, this should put S.Bagan in the running too!

Syndicates

867 posts

Posted by Syndicates > 2018-01-13 23:07 | Report Abuse

people dont do analysis themselves, blindly follow on what the articles tell. the analyst/author has already bought KUCHAI ahead of them before article release. and omitted the fact that SBAGAN has stakes in GEH too. no mention this point at all!

page 211 of the annual report list out the shareholder of GEH:
https://www.greateasternlife.com/content/dam/great-eastern/sg/homepage/about-us/investor-relations/annual-reports/2016-annual-report.pdf

SBAGAN has 9.44% in KUCHAI, and 0.37% in GEH
KUCHAI has 0.64% in GEH
which in turn, SBAGAN has (0.0944*0.64%)+0.37%=0.43% direct and indirect ownership in GEH.

Diamond7

2,223 posts

Posted by Diamond7 > 2018-01-14 18:39 | Report Abuse

Wah!
SBagan had 0.37% in Great Eastern!

Diamond7

2,223 posts

Posted by Diamond7 > 2018-01-14 18:40 | Report Abuse

Then tmoro....another new high!!! It's good news to me!!!

Diamond7

2,223 posts

Posted by Diamond7 > 2018-01-14 18:41 | Report Abuse

Any cooperate exercise?

Posted by GreatWarrants > 2018-01-14 21:49 | Report Abuse

Monday will see some traders chase to RM 5 possible..
Price havent factored in the news...
Undervalued gem

apolloang

18,163 posts

Posted by apolloang > 2018-01-14 22:59 | Report Abuse

don't think so can 5.00.....fri morning up till 4.18 and whole afternoon struggling to break 4.00,how on earth can 5.00? maybe need a miracle tomoro.....hehe

cheated

936 posts

Posted by cheated > 2018-01-14 23:25 | Report Abuse

Toto Jackpot open?

LA777

3,383 posts

Posted by LA777 > 2018-01-15 19:03 | Report Abuse

Profit taking.

cefiro22

383 posts

Posted by cefiro22 > 2018-01-16 09:47 | Report Abuse

I am referring to SBagan comes T3/T4, that I have interest in when the historical volume of 1.013 m. exchanged hands on 12/01/2018 which must be cleared and be with strong holders. Then if the news materialise, we should be in for a windfall. If otherwise, just hold at these low levels for a share that has assets well above prices we pay for. Best of luck!

TheContrarian

8,900 posts

Posted by TheContrarian > 2018-01-16 18:27 | Report Abuse

SBagan has RM150 million cash and 1.7 million Great Eastern shares currently at market price of S$30 per share i.e. around RM153 million. Based on issued capital of 66 million shares, these two assets alone translate into RM4.60 per SBagan share. SBagan also holds around 9% of Kuchai.

Cnlim

438 posts

Posted by Cnlim > 2018-01-21 08:53 | Report Abuse

This stock is good for those who can hold for long long term n don't need to look at the market everyday

Diamond7

2,223 posts

Posted by Diamond7 > 2018-01-22 13:09 | Report Abuse

I agree!

LA777

3,383 posts

Posted by LA777 > 2018-01-24 10:47 | Report Abuse

It's coming!

TheContrarian

8,900 posts

Posted by TheContrarian > 2018-01-25 19:14 | Report Abuse

Did a bit of research and discovered that Kluang owns a lot of Kuchai and Sg Bagan. Kuchai also owns a lot of Sg Bagan but very little of Kluang. Sg Bagan owns some Kuchai and Kluang. Hahaha, really messed up.

DickyMe

14,399 posts

Posted by DickyMe > 2018-01-29 10:14 | Report Abuse

"Palm oil is a major industry in Southeast Asia. Indonesia and Malaysia employ 3.5 million people to produce 85 per cent of the world’s palm oil with export values exceeding US$40 billion annually."

3.5 million workers but 99% not Malaysians but foreign workers

"With Southeast Asian economies in the balance – especially Indonesia and Malaysia – the fruit producers must address growing concerns about environmental and employee abuses without losing their competitive edge"

Blatant open burning of plantation fields which causes environment pollution, land grabbing which contributes to homelessness and city squatting. and unemployment, when citizens are shoved aside in favour cheap foreign workers.

Toxic greed have met divine intervention and soon palm plantation will follow the fate of rubber.

DickyMe

14,399 posts

Posted by DickyMe > 2018-01-29 10:24 | Report Abuse

"The latest crisis to face the industry’s reputation came this week as European Union lawmakers on Wednesday agreed to draft measures that seek to phase out the use of palm oil as biofuel by 2021. The move sparked fear in smallholders, who account for about 40 per cent of global palm oil production. Hundreds took to the streets in Kuala Lumpur this week to protest against the EU’s changes, saying the decision threatens their livelihoods."

IMPORTANT POINT OF INTEREST

"...draft measures that seek to phase out the use of palm oil as biofuel by 2021. "

Diamond7

2,223 posts

Posted by Diamond7 > 2018-07-17 20:35 | Report Abuse

Directors.
When bonus? NTA so high ......this time must give us better dividend.

TheContrarian

8,900 posts

Posted by TheContrarian > 2018-10-22 16:51 | Report Abuse

Better dividend 6 sen.

TheContrarian

8,900 posts

Posted by TheContrarian > 2018-10-30 22:34 | Report Abuse

One free Kluang share for every 17.2827 SBagan shares owned.

Posted by Kevin Tan > 2018-10-31 19:26 | Report Abuse

Based on d ratio 1 kluang at 3.90 for 17.2827 sg bagan works out to b equivalent to a dividend of 2.25rm per sg bagan share.
So invest 3370 rm today, earns 225rm in 3 months....super deal guys...cheers.
As for kuchai, invedt 2k today, earns 60+ interest in 3 months...also good deal.

Posted by Kevin Tan > 2018-10-31 19:27 | Report Abuse

Per sg bagan share i meant 1k shares....

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