SOUTHERN ACIDS (M) BHD

KLSE (MYR): SAB (5134)

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Last Price

3.00

Today's Change

-0.02 (0.66%)

Day's Change

3.00 - 3.07

Trading Volume

66,600


5 people like this.

509 comment(s). Last comment by Cipta 1 month ago

aliyusof

1,393 posts

Posted by aliyusof > 2017-06-28 16:21 | Report Abuse

Welcome back, Apollo Ang!

aliyusof

1,393 posts

Posted by aliyusof > 2017-07-01 12:00 | Report Abuse

Seems tough to go below rm5

aliyusof

1,393 posts

Posted by aliyusof > 2017-07-12 11:37 | Report Abuse

I have got a bad mouth...ha ha. Price dropping.

RVI123

660 posts

Posted by RVI123 > 2018-01-10 12:34 | Report Abuse

Any news on the land in Kota Kemuning? Many years aldy, still doesn't want to develop?

kk7198

2,515 posts

Posted by kk7198 > 2018-01-14 18:26 | Report Abuse

Already replanted with young palm trees.This hilly freehold land is strategically located.Need to hold as it is sitting on a gold mine.Massive mixed developments(all leasehold} byGamuda Land,Ecoworld, Ijm n Tropicana are near the land.

RVI123

660 posts

Posted by RVI123 > 2018-03-13 15:19 | Report Abuse

Since Southern Acids also owns a substantial amount of shares in Paramount, Southern Acids should joint venture with Paramount to develop part of the land. In this way, Southern Acids can unlock the value of the land faster and gains experience in development.

Cipta

1,056 posts

Posted by Cipta > 2018-11-14 10:43 | Report Abuse

Since SPB and Daiman privatised its undervalued share, will SAB do the same to privatise the land which not revalue since many years ago?

James Ng

2,707 posts

Posted by James Ng > 2019-03-17 16:17 | Report Abuse

https://klse.i3investor.com/blogs/general/198190.jsp
[转贴] [SOUTHERN ACIDS (M) BHD:国内市场的生产成本不断上升,竞争日趋激烈,继续受到挑战,这降低了替代产品的价格,降低了利润率,棕榈油产量增加但总体需求疲软,毛棕榈油库存增加38.5%至320万吨] - James的股票投资James Share Investing

Posted by Hew Kiong Peng George > 2021-09-22 08:39 | Report Abuse

hidden gem this sab,net cash rm1.70 pe 3

Posted by Richard Lee > 2021-10-06 09:27 | Report Abuse

treasure!

Posted by Sebastian Power > 2021-10-07 09:33 | Report Abuse

The Group’s top-line growth was largely brought about by the Oleochemical and Milling & Estate Segments. The Oleochemical
Segment reported a 15.3% growth in revenue whilst the Milling & Estate Segment’s revenue grew by 16.0%. Driving the better
top-line of both segments were a higher average selling price (“ASP”) of fatty acids, glycerine, crude palm oil (“CPO”) and palm
kernel (“PK”) that was brought about by the increase in the price of commodities. These segments made up approximately
86.1% of total Group revenue.

BursaKakis

452 posts

Posted by BursaKakis > 2021-10-08 12:58 | Report Abuse

Cash rich of about RM250 million or RM1.815 per share. Eps jumped from 4.72 cts in Q4 March 2021 to 17.15 cts in Q1 June 2021. Forward annualised earnings of 68.6 cts if next 3 Quarters managed to maintain. Thus PE 10 will be RM6.86 not taking into account the cash holdings.

stockraider

31,556 posts

Posted by stockraider > 2021-10-08 13:14 | Report Abuse

Good rerating mah!

Posted by Richard Lee > 2021-10-08 14:44 | Report Abuse

free floating share on market very little only. Good ahead

xero99

6 posts

Posted by xero99 > 2021-10-20 21:43 |

Post removed.Why?

Posted by Richard Lee > 2021-10-21 15:21 | Report Abuse

LTH selling nonstop

Posted by Sebastian Power > 2021-11-25 19:23 | Report Abuse

apa you mau? Continously two QR ES above 10++. Very likely whole year EPS 40-50. Then you just calculate the target price yourself

Posted by Richard Lee > 2022-02-10 15:49 | Report Abuse

rubbish stock. when market drop it drop, when market up it also drop

Posted by Sebastian Power > 2022-02-25 18:10 | Report Abuse

annual EPS will be achieving 60-70.

Easily upto RM6-7 within 3-4months

gemfinder

6,880 posts

Posted by gemfinder > 2022-03-03 10:20 |

Post removed.Why?

Posted by hasbullahali > 2022-03-25 09:52 | Report Abuse

Any good news guys??

gemfinder

6,880 posts

Posted by gemfinder > 2022-04-12 12:46 | Report Abuse

Watch out tis

gemfinder

6,880 posts

Posted by gemfinder > 2022-05-19 22:32 | Report Abuse

Ezcelent result

Posted by Sebastian Power > 2022-05-19 22:39 | Report Abuse

excellent result but price wont move also

Posted by Believe3222 > 2022-05-20 08:52 | Report Abuse

will goreng the BOD during AGM. Big profits but DIV macam ikan bilis

Overall, our Group PBT rose 148.4% to RM149.9 million from RM60.3 million achieved in FY2021.

stockraider

31,556 posts

Posted by stockraider > 2022-05-20 09:06 | Report Abuse

Now can go for indon base plantation CO since ban is lifted loh!

SincereStock

2,405 posts

Posted by SincereStock > 2022-05-20 09:46 | Report Abuse

bought in at RM4.00

Posted by Believe3222 > 2022-05-31 11:20 | Report Abuse

ONLY WILL UP AFTER LTH DISPOSED ALL THEIR HOLDING. GOOD COUNTER BUT PRICE MACAM SXXX

stockraider

31,556 posts

Posted by stockraider > 2022-05-31 11:35 | Report Abuse

Slowly collect from tabung haji loh!

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 2022-12-17 18:43 | Report Abuse

Oleochemical segment still facing lots of challenges.
Plantation segment is doing well.
Healthcare sector is generating good profits.
Cash rich. Undervalued based on its asset value.
Meager dividends distributed.

Sslee

7,016 posts

Posted by Sslee > 2022-12-18 07:18 | Report Abuse

I was working for Sounthern Acid (oleo-chemical) from 1986-1991 and then 1996- 2001. A family run business and fortunate to get a good partner for their Indonesia plantation and good people to run the Healthcare.

Facing never ending family feud problems otherwise if imagine in 2001 SAB will to employ the cash to expend their businese it will be another strong growth company by today.

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 2022-12-20 11:04 | Report Abuse

SSLee Glad to know you spent 10 years in SAB. Very conservatively run company. Yes, internal feud led stifle rapid expansion.

stockraider

31,556 posts

Posted by stockraider > 2022-12-20 11:41 | Report Abuse

Yes conservative run but corp governance no good loh!

Insas corp governance much better loh!

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 2022-12-20 13:19 | Report Abuse

Fiscal year is April-March
All values MYR Millions.
2022 2021 2020 2019 2018 5-year trend
Net Income 94 37 32 21 33
Free Cash Flow 69 39 21 33 29
Total Equity 823 709 650 656 637
Total Assets 974 812 727 731 717
Cash & Short Term Investments 322 242 208 199 174

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 2022-12-20 13:25 | Report Abuse

Except for 2022, revenues and earnings were generally flat. Little growth seen.
Company is profitable, generating good earnings that translate into good free cash flow.
Most earnings were retained within the company. The dividends distributed remained paltry (DPO was around 20%).

Noni

756 posts

Posted by Noni > 2023-01-13 10:08 | Report Abuse

Management pay themselves well, shareholders wait for next generation

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 2023-03-30 17:13 | Report Abuse

Security LastPr PE DY% Divcts ROE ttm-marg
SAB (Chemicals) 3.58 7.06 1.4 5 9.19 5.7

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 2023-05-14 19:21 | Report Abuse

Price RM 3.58

L5Yr CAGR Cap App (1.85) DY 1.35
L10Yr CAGR Cap App 3.42 DY 1.29

EPS sen
2009 9.47
2014 28.06
2019 15.69
2021 27.28

ks55

4,311 posts

Posted by ks55 > 2024-03-16 23:24 | Report Abuse

I am still collecting SAB anything below 3.20
Not for its dividend but for the 644 acres of Thugamalay Estate.

Albukhary

3,053 posts

Posted by Albukhary > 2024-03-17 00:42 | Report Abuse

No doubt SAB is a very undervalue company, as its asset value can easily worth RM12-15 per share.
However, I am really doubt whether I have longer life than the management. I worry that until the day I pass away, the share price is still controlled by them at below RM4, and dividend is 5sen per year.

P/S: I have been hold SAB for more than 10 years. From single till married till have few kids, SAB price still below RM4, even though the land price in Kota Kemuning has at least double or triple up during that 10 years.

Cipta

1,056 posts

Posted by Cipta > 2024-05-16 17:02 | Report Abuse

another Sg Bagan

ks55

4,311 posts

Posted by ks55 > 2024-05-18 13:48 | Report Abuse

Because it holds substantial Paramount shares?

ks55

4,311 posts

Posted by ks55 > 2024-05-18 13:49 | Report Abuse

Paramount is about to fly, so is SAB.....

Cipta

1,056 posts

Posted by Cipta > 2024-05-20 09:55 | Report Abuse

SAB Berhad’s palm oil estates are located in East Kalimantan, Indonesia. Specifically, they comprise two oil palm estates: PT Maju Kalimantan Hadapan (PT MKH) and PT Sawit Prima Sakti (PT SPS). These estates cover a total of 18,205 hectares and are situated approximately 90 kilometers from Samarinda, the capital of East Kalimantan, and about 200 kilometers from Balikpapan, which serves as the financial center of Kalimantan12. If you’re interested in the palm oil industry, these estates are worth exploring! 🌴🌿

Cipta

1,056 posts

Posted by Cipta > 1 month ago | Report Abuse

CPO price close to RM5000, other palm oil counter is uptrend, SAB should move now!!!

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