MHC PLANTATIONS BHD

KLSE (MYR): MHC (5026)

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Last Price

0.96

Today's Change

-0.015 (1.54%)

Day's Change

0.96 - 0.98

Trading Volume

71,200


2 people like this.

805 comment(s). Last comment by serbatipu 12 hours ago

novice2020

133 posts

Posted by novice2020 > 2021-03-09 14:47 | Report Abuse

Considering the bullish CPO price, this stock is much undervalue. Why the share price is not moving up?

calvintaneng

53,418 posts

Posted by calvintaneng > 2021-03-21 23:35 | Report Abuse

Mhc plant

Super undervalue freehold lands in Teluk Anson book value less than Rm5k per acre

another golden hidden gem is mhc plant

solid discount to price

solid Net asset

solid earnings

only thing is price

very cheap

calvintaneng

53,418 posts

Posted by calvintaneng > 2021-03-25 21:19 | Report Abuse

Today Spritzer bought lands in Perak

See

KUALA LUMPUR (March 25): Spritzer Bhd is acquiring an agriculture land near its existing mineral water plant in Air Kuning, Taiping for RM76.11 million, to set up a new plant.

The group said the 1,228-acre land, planted with oil palm trees, belongs to Trong Oil Palm Estates Sdn Bhd.

“The property is strategically located at Bukit Gantang, Perak,https://www.theedgemarkets.com/article/spritzer-buys-agriculture-land-taiping-set-new-mineral-water-plant

Let us do a simple calculation

1,228 acres for Rm76.11 millions

How much per acre?

Rm76,110,000 divides by 1,228

= Rm61,978 per acre

Now go see MHC Plant lands in Perak
(from Annual report)

1. 849.8 Acres freehold lands in Perak with book value Rm3,419,000 (About Rm3.4 Millions)

To get price per acre

Rm3,419,000 divides by 849.8 acres

= Rm4,023 per acre

From here we see MHC Plant land cost only Rm4,000 per acre

Open Market Value now almost Rm62,000 per acre

That means MHC Plant land should be 15.5 X more if revalued

By Calvin Tan Research

CCWONG

290 posts

Posted by CCWONG > 2021-03-25 21:25 | Report Abuse

Yes Calvin, good analysis.

newbie4444

1,261 posts

Posted by newbie4444 > 2021-03-26 07:33 | Report Abuse

Why Taiping(bigger town) and Teluk Intan land price must be same? If PJ or Kuala Selangor even both in Selangor land price same?

calvintaneng

53,418 posts

Posted by calvintaneng > 2021-03-26 08:38 | Report Abuse

Spritzer where got buy land in city?

They need pure lands away from city to bottle clean pure mineral water

calvintaneng

53,418 posts

Posted by calvintaneng > 2021-03-26 08:45 | Report Abuse

In any case the purpose is to point out the deep undervaluation of plantation lands bought long ago still with old book value of Rm4,000 per sq ft

mhc plant lands in Perak only Rm4000 per acre

chinteck has 3000 freehold lands in Sendayan N sembilan book value less than Rm5k per acre

Bplant the very good lands near Prai, Penang also less than Rm5k per acre

All these show deep value and therefore they are real long term bargains

Think of Why Kwantas offered to take their Sabah Plantation private at Rm1.65 when price was around 50 sen?


Because of land they valued more than business

TheContrarian

8,871 posts

Posted by TheContrarian > 2021-03-26 10:41 | Report Abuse

Bought first time at 0.73 today.

novice2020

133 posts

Posted by novice2020 > 2021-03-28 21:51 | Report Abuse

MHC's director had consistently purchased the company shares starting November 2015. Possibly,his average purchase price over the last 5 years could be higher than the current market price. Any clue?

calvintaneng

53,418 posts

Posted by calvintaneng > 2021-03-29 15:50 | Report Abuse

Spritzer said buying Tronoh old palm oil lands for Rm62,000 "A very good price"?

MHC Plant lands near Teluk Intan with healthy Palm oil trees only Rm4,000 per acre should be the best buy on earth then

TELOK ANSON IS LOCATED NEARER TO PROTON CITY IN TG MALIM (Last time Calvin buy call for Maju Perak was chun chun)

AND ALSO NEARER TO WEST COASTAL HIGHWAY THAN TRONOH

https://www.thestar.com.my/business/business-news/2021/03/29/spritzer-looks-at-options-with-rm76mil-land-buy

novice2020

133 posts

Posted by novice2020 > 2021-04-07 19:44 | Report Abuse

Good news. Just declared a special dividend of 2 cents, resulting in a total of 4 cents dividend for the financial year 2020. This works out to 5.4% dividend yield based on the current price. More than double the FD interest rate of the bank.

calvintaneng

53,418 posts

Posted by calvintaneng > 2021-04-07 20:52 | Report Abuse

novice2020 well done

You should upgrade your ID to

Expert2020

Clap !
Clap !!
Clap !!!

novice2020

133 posts

Posted by novice2020 > 2021-04-08 10:32 | Report Abuse

Correction. So far, dividends (interim and special) of 4 cents in 2021. Will there be a final dividend as well ?

calvintaneng

53,418 posts

Posted by calvintaneng > 2021-04-08 11:28 | Report Abuse

Hahaha

See being dividends

More to come

FREE BONUS

FREE WARRANTS

MORE SPECIAL DIVIDENDS

AS PALM OIL IS A "CASH" CROP ALL SURPLUS CASH COULD BE GIVEN OUT AS SPECIAL DIVIDENDS

novice2020

133 posts

Posted by novice2020 > 2021-04-08 12:15 | Report Abuse

Calvintaneng, Thanks for the positive forecast. Great. Will keep for long term investments.

novice2020

133 posts

Posted by novice2020 > 2021-04-08 20:35 | Report Abuse

March production figures just published looked great. Expect a strong 1st Quarter results.

thesteward

6,768 posts

Posted by thesteward > 2021-04-09 11:37 | Report Abuse

Such a goof counter

thesteward

6,768 posts

Posted by thesteward > 2021-04-09 11:37 | Report Abuse

Good

thesteward

6,768 posts

Posted by thesteward > 2021-04-12 09:59 | Report Abuse

Divvy 4 sen n good Fa haha

thesteward

6,768 posts

Posted by thesteward > 2021-04-13 10:24 | Report Abuse

4 sen divvy ex date next week . Good FA . Study .

thesteward

6,768 posts

Posted by thesteward > 2021-04-13 12:49 | Report Abuse

Added again to hold . Rarely can come across such gem

Hunkyman

206 posts

Posted by Hunkyman > 2021-04-15 05:05 | Report Abuse

A sin not to buy this

Hunkyman

206 posts

Posted by Hunkyman > 2021-04-15 05:07 | Report Abuse

Malaysian Horse Charging ~ MHC

thesteward

6,768 posts

Posted by thesteward > 2021-04-15 11:03 | Report Abuse

Good analogy Hunkyman !
Next week 4 sen divvy we go makan sushi

titan3322

2,212 posts

Posted by titan3322 > 2021-04-15 16:24 | Report Abuse

Buy ! attractive dividend coupled with strong palm oil and timber prices safer than gloves stocks

thesteward

6,768 posts

Posted by thesteward > 2021-04-15 21:35 | Report Abuse

You are right titan . Next week ex divvy 4 sen yummy .

Hunkyman

206 posts

Posted by Hunkyman > 2021-04-15 22:23 | Report Abuse

tomorrow close 0.85

thesteward

6,768 posts

Posted by thesteward > 2021-04-15 22:33 | Report Abuse

V possible

thesteward

6,768 posts

Posted by thesteward > 2021-04-16 14:06 | Report Abuse

Hopefully this afternoon fly

thesteward

6,768 posts

Posted by thesteward > 2021-04-16 16:38 | Report Abuse

If can close 81.5 next week potentially go 88

Hunkyman

206 posts

Posted by Hunkyman > 2021-04-17 00:15 | Report Abuse

Delay this week but not denied.

SEE_Research

4,571 posts

Posted by SEE_Research > 2021-04-18 17:55 | Report Abuse

MHC/5026
============================================
On technical charts, it is uptrend stock,
within striking distance of old high RM 0.845,
once, it pierces thru it will definitely
create new high, those investors who can wait,
just be patient for the
short term Target Price RM 1.00

SEE_Research

4,571 posts

Posted by SEE_Research > 2021-04-18 20:40 | Report Abuse

TO :Hunkyman
Delay this week but not denied.

TO : thesteward
If can close 81.5 next week potentially go 88
=============================================
MHC
Yes, both of you are correct,
this stock has the positive uptrend movement, after reaching
RM 0.88, will reach
the 2 nd target price RM 1.00 and above.

koowakzai

251 posts

Posted by koowakzai > 2021-04-20 20:07 | Report Abuse

Bought some. One of the under value palm oil counter.

thesteward

6,768 posts

Posted by thesteward > 2021-04-21 09:56 | Report Abuse

Tq see research for sharing

Hunkyman

206 posts

Posted by Hunkyman > 2021-04-21 09:58 | Report Abuse

Ini kalilaaaaaah

koowakzai

251 posts

Posted by koowakzai > 2021-04-22 11:23 | Report Abuse

Price adjusted due to 4 sen dividend ex date

titan3322

2,212 posts

Posted by titan3322 > 2021-04-22 13:31 | Report Abuse

Bought more after ex dividend today Palm oil price is at historically high timber price also on strong recovery very good future for this stock !

TheContrarian

8,871 posts

Posted by TheContrarian > 2021-04-22 19:26 | Report Abuse

MHC has timber?

thesteward

6,768 posts

Posted by thesteward > 2021-04-22 20:19 | Report Abuse

Could drop to 72 before rebound just like most stocks which pays divvy

titan3322

2,212 posts

Posted by titan3322 > 2021-04-27 11:42 | Report Abuse

Strong buy ! not many stocks in Bursa have this type of profile other than gloves and some tech stocks a must have stock in your portfolio esp when palm oil is hitting the roof

Sami_Value

430 posts

Posted by Sami_Value > 2021-04-27 12:13 | Report Abuse

UTPPLT should consider to makan them

koowakzai

251 posts

Posted by koowakzai > 2021-04-28 00:02 | Report Abuse

Should be a M

koowakzai

251 posts

Posted by koowakzai > 2021-04-28 00:12 | Report Abuse

Should be a M

koowakzai

251 posts

Posted by koowakzai > 2021-04-28 00:13 | Report Abuse

Should be a M n A target. Palm oil is growing strong.

vincent555

187 posts

Posted by vincent555 > 2021-05-03 10:43 | Report Abuse

棕榈油面临的十大负面因素

1.拥有竞争植物油的国家反对棕榈油

2.像卷毛一样的外来媒体不适用于棕榈油

3.当地肮脏的ib银行家由于某种原因不赞成使用棕榈油,因为他们发行了过多的棕榈油认购权证

4.像edgedaily这样的本地媒体不赞成使用棕榈油。 总是强调负面因素多于积极因素

5.星纸没有什么好报告棕榈油股的个人表现

星纸应称为蛇皮纸

6.政府希望Felda接管Fgv既得利益,才能看到Fgv价格受到压制,因此其他棕榈油股也被禁止上涨

7.大多数大师不赞成棕榈油,而是追逐手套,高科技和其他钢铁/铝库存

8.集团希望拥有较少实收资本的股票易于抽出并倾倒于下注者和傻瓜

而且,市场而不是投资可以快速买入价值不高的劣质快速淘汰劣质股票

9,大多数人看到棕榈油不动不动

10.因此,棕榈油公司赚了很多钱,但股票仍然不动,一些人濒临放弃的失望

正是人们如此恐惧我们应该购买棕榈油股票

因为它们实在太便宜了,所以它们是快乐的真正投资者的最佳选择。

为什么?

因为有了这么多的收益,所有股东都会享受

高分红
特别股息
免费红利发行
免费认股权证

Johnzhang

2,966 posts

Posted by Johnzhang > 2021-05-03 21:58 | Report Abuse

I think we can expect another year with higher special dividend.

calvintaneng

53,418 posts

Posted by calvintaneng > 2021-05-03 22:40 | Report Abuse

EXPECT MORE

FREE BONUS AND FREE DIVIDEND

SUPER BULL TIME FOR CPO FOR A HUNDRED YEAR RECORD OF RM4,600 PER TON

https://www.bursamalaysia.com/market_information/derivatives_prices

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