MHC PLANTATIONS BHD

KLSE (MYR): MHC (5026)

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Last Price

0.965

Today's Change

-0.015 (1.53%)

Day's Change

0.945 - 1.00

Trading Volume

159,700


2 people like this.

800 comment(s). Last comment by Dehcomic01 2 months ago

s3phiroth

300 posts

Posted by s3phiroth > 2022-04-26 10:12 | Report Abuse

go google yourself.

LossAversion

1,673 posts

Posted by LossAversion > 2022-04-26 10:36 | Report Abuse

Don't forget to include the shortage of sunflower oil (interrupted due to the Ukraine war) into the palm oil equation. Also to factor in the impact of the affected supply of fertilizers from Russia onto the cost and yield on oilseed crops.

novice2020

133 posts

Posted by novice2020 > 2022-04-26 10:37 | Report Abuse

@s3phiroth, Thanks.

BTW, based on the latest MHC's annual report, the following info are the positive :-

1. The management affirms that CPO price will remain at good price level for 2022.
2. Earning from power plant will likely increase as compare to last year ( equipment breakdown and MCO restrictions in 2021)
3. MHC uses organic fertilizers to reduce input cost.
4. Cash on hand + Investment is higher than the debt. Positive cash position.
5. Optimize replanting to achieve higher production.
6. In good compliance with ESG requirements.

This is a well managed company. Make your own investment judgement.

stockraider

31,527 posts

Posted by stockraider > 2022-04-26 11:42 | Report Abuse

Very steady loh!

soon9913

2,401 posts

Posted by soon9913 > 2022-04-26 14:13 | Report Abuse

look forward record high dividend and profit! very well managed company

markgold

295 posts

Posted by markgold > 2022-04-27 10:09 | Report Abuse

Buying additional MHC today.

soon9913

2,401 posts

Posted by soon9913 > 2022-04-29 22:09 | Report Abuse

price is still cheap

Kenokaya

167 posts

Posted by Kenokaya > 2022-05-09 12:15 | Report Abuse

Why plantation stock all drop today?

8899EL8899

2,264 posts

Posted by 8899EL8899 > 2022-05-09 12:39 | Report Abuse

mhc ,.....up like snail,......down like falling rock,......better play commodity than buying plantation stocks,.....plantation company like all poor farmer,.......they don`t make much money,.....only the middle man profiting their hard work,......

markgold

295 posts

Posted by markgold > 2022-05-09 15:58 | Report Abuse

Whole world stock market affected by US stock market.

markgold

295 posts

Posted by markgold > 2022-05-09 16:03 | Report Abuse

Foreign fund outflow from Malaysia.

8899EL8899

2,264 posts

Posted by 8899EL8899 > 2022-05-10 13:49 | Report Abuse

ports in ukraine will be allowed to export food ,.......ample supply of sun flower oil soon,.......

novice2020

133 posts

Posted by novice2020 > 2022-05-11 16:21 | Report Abuse

Good production numbers in April whereby average CPO price was RM6678.

Johnzhang

2,941 posts

Posted by Johnzhang > 2022-05-11 20:21 | Report Abuse

Cepat has today reported 172% increase of profit yoy. MHC results will be fantastic too.

stockraider

31,527 posts

Posted by stockraider > 2022-05-12 11:52 | Report Abuse

Lu tau boh ??

At the moment plantation stock are price modestly using sustainable cpo price of Rm 4000 mah!

With the current price above Rm 6000, even if indonesia comeback to the export mkt....that will not affect plantation share price bcos it is not overvalue....as it is not value base on cpo rm 6000 mah!

stockraider

31,527 posts

Posted by stockraider > 2022-05-12 12:30 | Report Abuse

Do not be silly lah!

Must compare like with like mah!

That means q1 2022 v q1 2021 mah! In short u cannot compare winter season v summer season mah! U cannot compare q1 2022 with q4 2021 loh!

Bcos got seasonal production issue mah!
Posted by Jonathan Keung > 2 minutes ago | Report Abuse

That ku ku brain simply shout . ...blah blah. Cepatwawasan profit -36% QtoQ.... Actual profit triple up in 1st Qtr from 5.6 million to 15.2 million. BPlant earnings & profit will be higher similarly 3+ times and higher in coming QtoQ announcement

gemfinder

6,880 posts

Posted by gemfinder > 2022-05-17 21:54 | Report Abuse

Poor result

Johnzhang

2,941 posts

Posted by Johnzhang > 2022-05-18 07:50 | Report Abuse

Very good results instead! Profit increase 67% yoy!

gemfinder

6,880 posts

Posted by gemfinder > 2022-05-18 08:00 | Report Abuse

no need to c yoy. if yoy oso drop, can throw into dustbin oredi

gemfinder

6,880 posts

Posted by gemfinder > 2022-05-18 08:00 | Report Abuse

no need to c yoy. if yoy oso drop, can throw into dustbin oredi

gemfinder

6,880 posts

Posted by gemfinder > 2022-05-18 08:00 | Report Abuse

no need to c yoy. if yoy oso drop, can throw into dustbin oredi

novice2020

133 posts

Posted by novice2020 > 2022-05-18 09:34 | Report Abuse

First quarter EPS of 5.84 cents for a stock price of RM1.20, this translates to a yield of 4.87%. How many stocks in KLSE with this kind of yield?. This is only for one quarter. With higher production figures in 2nd quarter and the good average CPO (easily above Rm6500) in April and May, what will be the estimated EPS in 2nd quarter? Based on these considerations, what will then be the qoq or yoy results comparison for 2nd quarter?

Be patient.

stockraider

31,527 posts

Posted by stockraider > 2022-05-18 09:52 | Report Abuse

Memang benar be patient loh!

Posted by treasure_seeker > 2022-05-18 11:59 | Report Abuse

yup, very good result indeed.. comparing q1 to q1

ce0808

190 posts

Posted by ce0808 > 2022-05-20 08:35 | Report Abuse

MHC coming AGM on 27/5, anyone attended past AGM before? mind to share whether it's worth to go or not

Johnzhang

2,941 posts

Posted by Johnzhang > 2022-05-20 08:46 | Report Abuse

Investors should try to attend to voice out strongly the requests for management to set very clear dividend policy. I will be there .

stockraider

31,527 posts

Posted by stockraider > 2022-05-20 08:59 | Report Abuse

U go so far away to attend AGM, worth it meh ?

ce0808

190 posts

Posted by ce0808 > 2022-05-20 09:04 | Report Abuse

worth it if able to get confidents there

stockraider

31,527 posts

Posted by stockraider > 2022-05-20 09:05 | Report Abuse

The sustainable price for cpo should be Rm 4000 to Rm 4500, even if it is Rm 4000, it is already a historical record high mah!

Of course 2022 is exceptional....its yr record high todate is above rm 8,000 mah!

The plantation valuation is modest....using cpo price of Rm 4000 despite now still above rm 6000 loh.....!

Thus alot of value in plantation stock mah!

sethoylo

145 posts

Posted by sethoylo > 2022-05-20 10:16 | Report Abuse

should payout at least 50% of its profit..

stockraider

31,527 posts

Posted by stockraider > 2022-05-20 12:36 | Report Abuse

Good vibes loh!

Despite indo lift export ban which mean cpo price will fall......but the cpo price still shoot up mah!

novice2020

133 posts

Posted by novice2020 > 2022-05-24 12:57 | Report Abuse

FCPO price up, stock price down. Apa ini?

novice2020

133 posts

Posted by novice2020 > 2022-07-26 13:58 | Report Abuse

Good 2nd results. Cumulative EPS up to 2nd quarter is 14.1 cents. With remaining 2 quarters with higher production numbers ;may be at a lower CPO price, will the 2022's EPS surpass 2021's EPS?

2 quarters EPS of 14.1 cents for a share price of 92 cents, is this stock undervalue?

markgold

295 posts

Posted by markgold > 2022-07-27 09:29 | Report Abuse

This stock is undervalue but investors are not interested in this counter.

Posted by StartOfTheBull > 2022-07-27 09:41 | Report Abuse

The same situation in the past. The management is quite conservative, EPS of 8c but no dividend declared, this could be the reason.

Posted by treasure_seeker > 2022-07-27 23:05 | Report Abuse

yup, undervalue but it is all back to dividend policy

Dakewlest

1,739 posts

Posted by Dakewlest > 2022-07-28 23:19 | Report Abuse

Kedekut dividen. No dividend policy?

novice2020

133 posts

Posted by novice2020 > 2022-07-29 10:00 | Report Abuse

Sekarang kedekut, sikit hari nanti, dividend akan jadi bagus. What counts is that the company is well-run and has a solid track records and strong financial position.

If CPO price will remain firm in the second half of 2022 as mentioned in the recent quarterly report, 2022's EPS will likely to surpass 2021's EPS.

Disclaimer: Invest based on your own judgement.

Luen07

78 posts

Posted by Luen07 > 2022-08-12 16:38 | Report Abuse

死气沉沉

Michael Kwok

5,955 posts

Posted by Michael Kwok > 2022-09-15 20:38 | Report Abuse

Buy q 42 cents.
Tp:46-48 cents
Cut loss 39 cents.
15/9/2022 8.38pm

markgold

295 posts

Posted by markgold > 2022-09-20 16:19 | Report Abuse

It is a very good small plantation counter but most of the investors are not interested.

novice2020

133 posts

Posted by novice2020 > 2023-01-09 21:19 | Report Abuse

1. The average CPO price for Q4 is about the same as Q3.
2. Q4 production figure is 10% higher than Q3

Considering points 1 and 2 above, what will be the estimated EPS for Q4? Another record earning in 2022?

stockraider

31,527 posts

Posted by stockraider > 2023-01-12 12:18 | Report Abuse

Bonus coming loh!

markgold

295 posts

Posted by markgold > 2023-02-08 10:50 | Report Abuse

Hopefully higher dividend than last year.

stockraider

31,527 posts

Posted by stockraider > 2023-02-11 10:06 | Report Abuse

Better dividend coming loh!

sethoylo

145 posts

Posted by sethoylo > 2023-03-31 23:12 | Report Abuse

6cents dividen!.. Plantation stock full of cash to distribute out.. safe stock to keep for long term...

markgold

295 posts

Posted by markgold > 2023-04-03 09:39 | Report Abuse

Dividen same as last year.

novice2020

133 posts

Posted by novice2020 > 2023-04-11 10:50 | Report Abuse

Will CPO price stay above RM4,000 throughout 2023? There could be a correlation between crude oil price and palm oil price. If Opec+ maintains a production level that keeps Crude oil price around USD 80 per barrel, there is a possibility that palm oil price will remain above RM 4000. Additionally, with high crude oil price Indonesia will increase the production of Biodiesel. The earning outlook for palm oil sector will likely remain positive going forward.
Please make your own judgement when investing.

calvintaneng

52,799 posts

Posted by calvintaneng > 2 months ago | Report Abuse

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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

Dehcomic01

286 posts

Posted by Dehcomic01 > 2 months ago | Report Abuse

MHC has Book Value of RM 1.37 per share. I estimated its EPV to be RM 0.80 per share based on its past decade of EPS and a 10% discount rate.

Based on Professor Bruce Greenwald Asset Value (AV) vs Earnings Power Value (EPV) analysis, this is a company with under-utilized assets. The under-utilization is worst if you assume that its Revised Book Value would be about double the Book Value. This was based on Boustead Plantation case where a recent valuation showed that the Revised Asset Value is about double the assets in the Book.

Greenwald actually used an updated basis to determine the AV. Accordingly we should be comparing the Revised BV of about RM 2.74 with the EPV of RM 0.80.

Unfortunately, the market doesn’t really look at Book Value but focus on earnings. Book Value comes into play only if there is some takeover or asset sale.

Moral of story? There are better Bursa plantation companies in terms of earnings if you want to invest in this sector https://www.youtube.com/watch?v=9KhboTCMdEg

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