Posted by Johnzhang > 2022-02-10 08:30 | Report Abuse

MHC's own FFB production in Q4 2021 was 38,911 mt (Q4 2020 37,782 mt), up 3 % y-o-y which is very good amid worsening labour shortage. Avg CPO price for Q4 2021 is 54% higher y-o-y ($5,154 vs $3,341) Therefore, Q4 2021 y-o-y earning growth shall be very impressive.

Additionally, own FFB production for Jan 2022 is 7% higher y-o-y (10,599 mt vs 9,907 mt) while CPO price is 43% higher y-o-y ($5,354 VS $3,748) . We will see yet another explosive earning growth for Q1 2022 too.

MHC share price at $1.01 is just too undervalued!

Posted by VenFx > 2022-02-10 21:44 | Report Abuse

Small cap <200mil plantation counter
Higher low forming
Need not big vol. to push up

Profitability is good
uptrending

Come on horsey

Posted by Lukesharewalker > 2022-02-11 10:50 | Report Abuse

Production figures reported in Feb drop by 2000 mt

Posted by Johnzhang > 2022-02-11 13:06 | Report Abuse

For oil palm plantation, it is only right to compare production y-o-y.
Q-o-Q comparison doesn’t tell you the full picture as there is seasonal factor in FFB production.

Posted by ahbah > 2022-02-11 18:23 | Report Abuse

Just add some first so as not to miss the plantation bull$$$.

Posted by nuke > 2022-02-12 09:42 | Report Abuse

“The cost of production has in general risen very considerably for all plantation companies. The CPO windfall profit tax (WPT) constitutes a significant amount with higher prices and all these factors will to a certain extent negate the positive impact of higher CPO prices" - Bek-Nielsen, United Plantations.

Posted by Johnzhang > 2022-02-12 10:32 | Report Abuse

Bek Nielsen never tell the public how much is the NETT positive impact on plantation’s profitability . People in the industry can confirm that the profit increase arising from the historic high CPO price is many times more than the production cost increase.

Posted by novice2020 > 2022-02-12 17:38 | Report Abuse

On the outlook for 2022,he said he is not too pessimist and add that this is very bullish.

Posted by stockraider > 2022-02-13 11:34 | Report Abuse

Mike has become a real mouse & a quarter chicken loh!

No longer dare to attack sifu calvin loh!

Congrats to sifu calvin for his fine palmoil stock selection loh!


Posted by Mabel > Feb 13, 2022 12:29 AM | Report Abuse

Hahaha where is DickyMe and Mickey Mouse?

So Yummy....

Meow Meow Meow

Posted by thesteward > 2022-02-13 22:05 | Report Abuse

If break 1.11 spike kaw

Posted by bulldog > 2022-02-13 23:38 | Report Abuse

Accumulation in progress

Huat chaiii

Posted by Kimly2 > 2022-02-14 09:22 | Report Abuse

But not good for your Lambo wor


Posted by VenFx > Feb 11, 2022 6:25 PM | Report Abuse

Good for you in Water Tiger year

Posted by markgold > 2022-02-15 11:50 | Report Abuse

price moving so slow like turtle.

Posted by novice2020 > 2022-02-15 12:10 | Report Abuse

Sabar Bro.

Posted by ahbah > 2022-02-15 12:12 | Report Abuse

Get some first when it is still veri chip lah.

Posted by ahbah > 2022-02-15 12:16 | Report Abuse

The bull$$$ is in the plantation sector.

Go for plantation stocks to make esi moni.

Posted by Johnzhang > 2022-02-15 12:57 | Report Abuse

Don’t get disappointed that MHC and the associate , Cepatwawasan, is lagging behind. . Remember every dog has its day .

Posted by gladiator > 2022-02-15 17:04 | Report Abuse

Sop swkplnt already catch up now mhc time to catch up with others, mhc go....go.....go.

Posted by ahbah > 2022-02-15 17:35 | Report Abuse

No forget, please - the bull$$$ is in the plantation sector, not in the

glove sector or the tech. sector.

Try to catch the plantation bull$$$.

Posted by Johnzhang > 2022-02-16 07:09 | Report Abuse

JP Morgan 'overweight' on plantations, sees 2-year upcycle
TheEdge Tue, Feb 15, 2022
KUALA LUMPUR (Feb 15): ASEAN plantation stocks may be back in vogue, says JP Morgan, noting that foreign investors who are less tied up with sustainability metrics are unable to ignore the strong crude palm oil (CPO) price rally.

The bank upgraded its call on the ASEAN plantation sector to “overweight” and also upgraded its CPO price assumption on Tuesday (Feb 15), citing supply concerns amid years of reduction in new planting.

In a note, JP Morgan Malaysia equities research head Jeffrey Ng said rotation into inflation proxies (commodities) might persist amid “rising interest from non-ESG-bound foreign funds” and low domestic institutional holdings, coupled by prospects of US rate hikes.

This is on the back of consistent cuts in Indonesia’s new planting since 2012, as well as Malaysia’s replanting efforts, which could mean that near-term supply growth will decelerate.

“As we think the CPO upcycle might last over two years due to the reasons mentioned above, we think planters’ valuations have hit an inflection point,” Ng said.

“The sustainability of this rotation hinges on market perception of the CPO price outlook,” he added.

CPO prices settled at a fresh record of RM5,657 per tonne on Tuesday, having scaled new highs this week on expectations of improved demand following India’s import tax cut. The commodity has risen by over 20% this year.

Ng forecasts CPO price to be at around RM5,000 in 2022 and 2023. The assumption is below spot, taking into consideration revenue taxes.

Ng upgraded to “overweight” calls for Sime Darby Plantation Bhd (target price: RM6.80), Kuala Lumpur Kepong Bhd (TP: RM30), and Genting Plantations Bhd (TP: RM12). He also raised IOI Corp Bhd to “neutral” (TP: RM4).

For valuation, the analyst switched to sum-of-parts of lands and downstream assets, from price-to-earnings ratio (PER), citing “the disconnect between share prices and the CPO price”.

“Planters are trading at single-digit PER, free cash flow yields are rising, the average dividend yield is circa 4%, and 2022 might see circa 35% profit growth,” said Ng.

“A rising tide may lift all boats, but we advise investors to pick planters that have well-defined ESG frameworks to avoid negative publicity risk,” he added.

Posted by markgold > 2022-02-16 16:20 | Report Abuse

Why so many sellers at 1.09 ?

Posted by Lukesharewalker > 2022-02-17 11:31 | Report Abuse

Peaking soon

Posted by Johnzhang > 2022-02-17 18:42 | Report Abuse

MHC will cross $1.50 if the management decide to pay out 10 sen dividend (which is about 50% of 2021's EPS). Hopefully my wish will come true.

Posted by Johnzhang > 2022-02-18 06:39 | Report Abuse

Plantation stock rally has just begun in Feb 2022. It appear to me that there is a lot more steam for this rally to continue for months. Like many other stock rallies, we may see some plantation's share price surge pass triple digit % increase. I will just lock up my plantation stocks to enjoy the once in a lifetime superb return.

GLOVE rally lasted 4 months to reach its peak (Apr 2020 to Aug 2020).
Supermax share price was around $1.63 (2/4/2020) to around $23.00 (7/8/2020), increase of 1,311%
Topglove was $6.40 (2/4/2020) to $28.00 (7/8/2020), increase of 338%
Harta was $6.80 to $21.00 , increase of 209%

STEEL rally lasted about 6 months to reach its peak(Nov 2020 to May 2021)
Anjoo share price was $0.60 (2/11/2020) to $3.10 (10/5/21), increase of 417%
SSteel was $0.42 to $1.20, increase of 186%
Melewar was $0.20 to $0.72 , increase of 260%.

Posted by VenFx > 2022-02-18 09:36 | Report Abuse

1.18 komlanfirm to break

Posted by Lukesharewalker > 2022-02-18 09:46 | Report Abuse

Think overdue for profit taking

Posted by Johnzhang > 2022-02-18 10:56 | Report Abuse

Mhc the laggard . A nice small company earning about 20 sen/share in 2021. A value buy at today’s price .

Posted by ahbah > 2022-02-18 10:59 | Report Abuse

MHC, the laggard .... hamtam kuat kuat.

The bull$$$ is in the plantation sector.

We all can onli find the pot of gold$$$ in plantation stks onli.

Posted by amateurJR > 2022-02-18 11:22 | Report Abuse

wah kuat

Posted by VenFx > 2022-02-18 13:03 | Report Abuse

Day day up 0.01 also tak tahan

Posted by risktoreward > 2022-02-18 13:08 | Report Abuse

Big spike coming

Posted by markgold > 2022-02-21 10:52 | Report Abuse

Good plantation company but price move like turtle.

Posted by VenFx > 2022-02-21 11:53 | Report Abuse

A Day or Two washing dulu
After then, minyak wangi spray
Wangi harum masih xp

Posted by Lukesharewalker > 2022-02-21 12:14 | Report Abuse

Profit taking

Posted by markgold > 2022-02-22 11:51 | Report Abuse

Last chance to enter at cheap price.

Posted by 8899EL8899 > 2022-02-23 10:03 | Report Abuse

if this quarter report is out,.....all will be surprised,.....cheer good news

Posted by Dakewlest > 2022-02-24 10:19 | Report Abuse

Any guess when will the QR out?

Posted by 8899EL8899 > 2022-02-24 13:22 | Report Abuse

bursa really is` thaik punya market`,......palm oil price going up to rm6300 metric ton,.....plantation stock no moving,......earning per share 50 cent also can`t move,......many investors are blind,.....

Posted by 8899EL8899 > 2022-02-24 14:34 | Report Abuse

mhc price should be rm5 per share,........

Posted by markgold > 2022-02-24 14:51 | Report Abuse

CPO going up RM300+ and plantation stocks drop ?

Posted by nuke > 2022-02-24 16:08 | Report Abuse

Russia-Ukraine war begins...

Posted by Dakewlest > 2022-02-24 18:22 | Report Abuse

QR dah keluar. Tapi no dividend declared. Why so kedekut? Full year EPS is 21.36 sen. Normally they declare dividend on April right?

Posted by 8899EL8899 > 2022-02-24 20:01 | Report Abuse

mhc,......vitrox punya earning pun boleh lawan,......apasal share banyak murah?

Posted by Johnzhang > 2022-02-24 20:37 | Report Abuse

Q4 2021 EPS 7.41 sen and FY 2021 21.26 sen beat my expectation.
Dividend will be announced in Apr/May as usual.
PE is only 5.6X
At historic PE of 15, this share worth $3.20
Earning for FY2022 will be explosive.

Posted by VenFx > 2022-02-24 21:52 | Report Abuse

Qtr super good

SKY IS THE LIMIT

Posted by 8899EL8899 > 2022-02-24 22:45 | Report Abuse

mhc quater net profit rm30mil. + rm10mil. profit from associate cepatwawasan,.......total net profit are rm40mil.,........very profitable business

Posted by 8899EL8899 > 2022-02-24 23:24 | Report Abuse

compare quater profit,.....kalah vitrox,....kalah d&o,.....kalah penta,...kalah greatech,.....apa lagi mau!

Posted by Dakewlest > 2022-02-24 23:45 | Report Abuse

Harap ini company tak kedekut dividen. Plantation company yang lain beri banyak dividen. Hopefully they announce generous dividend in April/May 2022.

Posted by Johnzhang > 2022-02-25 07:37 | Report Abuse

if payout 50%, the dividend shall be 11sen/share. Pray for the Directors to come to their senses to reward shareholders in view that FY2022 earnings will even be better.

Posted by bulldog > 2022-02-25 09:01 | Report Abuse

Accumulation in progress


Huat chaiii