SARAWAK PLANTATION BHD

KLSE (MYR): SWKPLNT (5135)

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Last Price

2.13

Today's Change

+0.04 (1.91%)

Day's Change

2.07 - 2.13

Trading Volume

77,300


4 people like this.

1,038 comment(s). Last comment by lionel messi 1 month ago

Hush77

1,200 posts

Posted by Hush77 > 2 months ago | Report Abuse

indo export curbs will benefit malaysia palm oil players as there is not enough supply to fill that shortfall ...
palm oil and soybean prices will shoot even higher after this...
SWKPLNT is still cheap..

stockraider

29,819 posts

Posted by stockraider > 2 months ago | Report Abuse

Very Hot Loh!
Average CPO prices below:

Now July22 fut 6754
Q1 2022 6,197

Q4 2021 5,194
Q3 2021 4,466
Q2 2021 4,195
Q1 2021 3,938

Q4 2020 3,401
Q3 2020 2,783
Q2 2020 2,301
Q1 2020 2,673

Q4 2019 2,522
Q3 2019 2,053
Q2 2019 2,008
Q1 2019 2,089

Posted by investor2021trading > 2 months ago | Report Abuse

CPO price still intact, so as plantation stock! a healthy correction after a price surged in d morning! actually, investors took profits reflecting d temporary ban of palm oil export in Indonesia! even plantation companies with no exposure in Indonesia took a beating due to this announcement! chance for those investors who wishes to buy at lower price !

Posted by investor2021trading > 1 month ago | Report Abuse

KUALA LUMPUR (April 25): Plantation stocks on the local bourse dominated the top gainer list on Monday morning (April 25) as Indonesia’s move to ban palm oil exports is seen to benefit Malaysian planters.

Analysts said on Monday that Malaysian crude palm oil (CPO) producers are potential winners amid Indonesia's palm oil export ban.

CGS-CIMB analyst Ng Lee Fang expects CPO prices in Malaysia to rise significantly and potentially surge to new record highs due to panic buying by consumers if the temporary ban lasts more than four weeks.

stockraider

29,819 posts

Posted by stockraider > 4 weeks ago | Report Abuse

Go for it mah!

High div payout loh!

Posted by investor2021trading > 2 months ago | Report Abuse

locally delivered CPO price "lonjak" to RM7308/ton on 25/04/22. Who still say Indonesia's export ban on CPO is bad for plantation stocks?

Posted by investor2021trading > 2 months ago | Report Abuse

Posted by Johnzhang > 49 minutes ago | Report Abuse

The reason why capital gain over 2 years and 1 year period from investing in UP, IOI, Simeplant and even KLK is so much lower than the small and midsize plantations is now very obvious!

I shall remain focus on the small and midsize plantations like SOP, Taann, Bplant, HSplant, cepat, MHC, swkplant, Thplant. These plantations will reap the highest return from the high and increasing CPO trend.

8888_

2,810 posts

Posted by 8888_ > 2 months ago | Report Abuse

I choose Swk Plant because I am going to be rich.

8888_

2,810 posts

Posted by 8888_ > 4 weeks ago | Report Abuse

CPO still up so 20 sen dividend can maintain if not add more.

Posted by Jonathan Keung > 3 weeks ago | Report Abuse

SWK, HSP, BPlant, THP & SOP my prefer stockpicks

stockraider

29,819 posts

Posted by stockraider > 1 month ago | Report Abuse

Go for it!

Div will be more than 20 sen going fwd

Kensington

145 posts

Posted by Kensington > 1 month ago | Report Abuse

The Co's 1Q's EPS of 15.52 sen/share is a record profit as compared to the recent past quarters. I hope the stock would be rerated next week to commensurate with its commendable earnings.

sethoylo

124 posts

Posted by sethoylo > 1 month ago | Report Abuse

good result! best dividen

yingkang87

441 posts

Posted by yingkang87 > 1 month ago | Report Abuse

Hope the price will back to Rm3.35!!!

stockraider

29,819 posts

Posted by stockraider > 1 month ago | Report Abuse

Already superbull....talkkook no point mah!
The best time to invest in a good stock...is when it undergoes a temporary setback like UTDplant mah!

It is time to pick Utdplant mah!
Raider ask use lah!...Which plantation co can pays dividend of Rm 1.05 pa leh ?

Correctloh....very good points mah!
In fact u can still pick most of the plantations & win loh!

Posted by calvintaneng > 10 hours ago | Report Abuse

Note:

Malaysia newspapers and Investment papers should go interview all 42 listed palm oil companies and update their readers as Malaysia is world number two exporter of palm oil

in stead they shout Cpo prices going up next week. Or shout Cpo prices going to go down next week and such other useless information which are totally irrelevant to palm oil investors.

Ffb was Rm300 per ton in bleak times and now Ffb (fresh fruit bunches) have skyrocketed to Rm1500 a ton (up 500%)

so it is just nonsense to say it will drop by few ringgit this week and up a few ringgit next week

As long as Ffb is above Rm1,000 per ton all palm oil co enters Superbull!

stockraider

29,819 posts

Posted by stockraider > 1 month ago | Report Abuse

Swkplant fair price is Rm 4.00 to Rm 5.00 mah!

8888_

2,810 posts

Posted by 8888_ > 1 month ago | Report Abuse

Sarawak Plantation Berhad - Expecting a Strong Catch-up
Date:
2022-05-23
Firm:
PUBLIC BANK
Stock:
SWKPLNT
Price Target:
3.59
Price Call:
BUY
Last Price:
2.75
Upside/Downside:
+0.84 (30.55%)
Sarawak Plantation saw its 1QFY22 core earnings doubling to RM26.1m, bolstered by stronger CPO prices despite weaker FFB production. Despite the strong results, it made up only 18% of our full-year expectation but in line with market expectation at 27%. The weaker-than-expected results were mainly attributed to a shortfall in FFB production. Nevertheless, we make no changes to our numbers as we expect to see a strong catch-up in the subsequent quarters, led by a strong pick-up in FFB production and higher CPO prices. A first interim dividend of 5sen was declared for the quarter. Maintain our Outperform call with an unchanged TP of RM3.59 based on 13x FY23 EPS.

1QFY22 revenue (QoQ: -24.5%, YoY: +26.4%). Lifted by stronger CPO prices, the Group’s plantation sales rose 26.4% YoY to RM184m. During the quarter, FFB production slipped 10% YoY to 62,061mt. Meanwhile, 1QFY22 average realised CPO price rallied from RM3,819/mt to RM5,938/mt, while average realized palm kernel price advanced from RM2,375/mt to RM4,375/mt. First quarter FFB yield slipped from 3.31mt/ha to 3.12mt/ha while oil extraction rate rose from 19.38% to 19.93%.
1QFY22 core earnings jumped to RM26m (QoQ: -41%, YoY: +123%). Excluding the change in fair value of biological assets amounting to RM17.6m, the Group’s core earnings surged 123% YoY to RM26.1m, bolstered by stronger plantation margin. 1QFY22 all-in CPO production cost averaged at RM3,200/mt vs 1QFY21’s RM2,200/mt, dragged by lower CPO production, higher fertilizer cost and higher amortization coming from the enhancement area starting this year.
Outlook guidance. Although 1QFY22 production came in below expectations, management maintains its FFB production growth of 10%. The weaker-than-expected production level was due to i), favourable weather condition, ii) worker shortage and iii) bio-stress in oil palm trees. On the positive side, production has been picking up since March. Harvesting period has been around 1.8 rounds per month or once in every 14 days. During the quarter, enhancement area totaled 1,028ha with only 57ha normalizing. 100ha were replanted and it is planning to replant about 1,500ha in FY22. New mature is expected to increase by 1,500ha with total harvestable area standing at 20k ha. Meanwhile, management expects to see an increase in production cost as fertilizer cost has jumped more than 70% YoY. There was no forward sales for CPO as there is a wide gap between the spot and available forward prices in the market. On the foreign worker shortage issue, the Group is currently experiencing harvester shortage of up to 150 people and it is in the process of submitting application for recruitments from Indonesia. It is worth noting that the hiring is subject to quota by reference to estate hectarage. Meanwhile, fertiliser application was behind schedule as it only completed 50% of the 1Q programme. Lastly, our sensitivity analysis suggests that a RM100/mt increase in CPO price would translate into an additional PBT of RM8m.
Source: PublicInvest Research - 23 May 2022

Healthy

55 posts

Posted by Healthy > 1 month ago | Report Abuse

what happen ???sales good but price everyday drop??any insider news??

gladiator

580 posts

Posted by gladiator > 1 month ago | Report Abuse

Drag down by Taann la.. Taann below expectation profit drag SOP & Swkplnt down with it lucky SOP rebound.

stockraider

29,819 posts

Posted by stockraider > 1 month ago | Report Abuse

Accumulation time mah!

8888_

2,810 posts

Posted by 8888_ > 4 weeks ago | Report Abuse

DY 7.55% while net cash 29 sen, so easily can pay 20 sen dividend FY 2022.

GLNT

490 posts

Posted by GLNT > 4 weeks ago | Report Abuse

FY2021 is already 20sen. FY2022 might go to 30 sen dividend.

sethoylo

124 posts

Posted by sethoylo > 4 weeks ago | Report Abuse

Sure just keep it as fd. forget its share price

Posted by lionel messi > 4 weeks ago | Report Abuse

This counter is a takeover target for privatisation. Too undervalued.

Posted by chillibumbum > 4 weeks ago | Report Abuse

cheap now. urusharta jemaah sold down to 5% from 18% a few months ago. sold around 36m shares on this stock that has 400k+ average turnover. probably accounts for more than 50% of turnover over the last 6-8 months

Posted by chillibumbum > 4 weeks ago | Report Abuse

price has been majorly capped / depressed

Posted by lionel messi > 3 weeks ago | Report Abuse

So small cap and cheap, taikor like KLK can just swallow it in one gulp. Even at RM5, not a problem with palm oil price high for the next 2 years at least.

stockraider

29,819 posts

Posted by stockraider > 3 weeks ago | Report Abuse

Yes potential takeover loh!

Do possibility candidates;

1. Taann
2. KLK
3. IOI

Posted by Jonathan Keung > 4 hours ago | Report Abuse

Datuk Wong (Ta Ann ) is in the driving seat for SWK

stockraider

29,819 posts

Posted by stockraider > 3 weeks ago | Report Abuse

Ya but hold about 30% only mah!

Still potential for other co to buy over mah!

Posted by Jonathan Keung > 4 minutes ago | Report Abuse

Datuk Wong (Ta Ann ) is in the driving seat for SWK

stockraider

29,819 posts

Posted by stockraider > 3 weeks ago | Report Abuse

Long run can never get it wrong....when u invest inflation protection of food production & plantation land which has only a finite limited supply mah!

Lu tau boh ?
Alot of olang kaya....protectt themselves this way mah!
Thats why u call them LANDLORD MAH!

stockraider

29,819 posts

Posted by stockraider > 3 weeks ago | Report Abuse

Very True loh!
General Raider use to be poor loh!
I was a despatched boy just earning Rm 180 per mth loh!

Thru hardword & abit of intelligent to capitalize on opportunity thru business and invest my savings diligently & prudently....Raider manage accumulate a good amount of wealth sufficiently thru investment and today if raider retire....should be able retire comfortably loh!

Yes no one should be poor loh!

If they are hardworking & look out for opportunity & manage their savings prudently loh!

Posted by chowwei > 1 day ago | Report Abuse

If You Born Poor
It's Not Your Mistake,
But If You Die Poor
It's Your Mistake,
---> Bill Gates <---

Posted by Jonathan Keung > 2 weeks ago | Report Abuse

dropped after the 5 sen XD dividend date

treasurehunt

1,531 posts

Posted by treasurehunt > 2 weeks ago | Report Abuse

Share price so fast back to square one.

Posted by lionel messi > 2 weeks ago | Report Abuse

So good for those haven't bought or those who wants to buy more.

treasurehunt

1,531 posts

Posted by treasurehunt > 1 week ago | Report Abuse

Market is really efficient now. Cycle is indefinable.

Healthy

55 posts

Posted by Healthy > 1 week ago | Report Abuse

what happen drop like no tomorow..

Keyman188

5,367 posts

Posted by Keyman188 > 1 week ago | Report Abuse

OMG...what is happening now !!!...

Keyman188 still maintaining to see KLCI @ 13xx for this year (2022)...

Very high possibility will drop below RM 1.90 soon...

wkwkwk...kekeke...hehehe...

vision912

133 posts

Posted by vision912 > 1 week ago | Report Abuse

good price to buy here I feel

treasurehunt

1,531 posts

Posted by treasurehunt > 1 week ago | Report Abuse

It seems the price has dropped back to the value for money level and going through consolidation.

Posted by plantationgameover > 1 week ago | Report Abuse

most useless plantation stock. run for your life

Posted by lionel messi > 5 days ago | Report Abuse

This is cheap..Taann bought at RM2 few years ago.

Hush77

1,200 posts

Posted by Hush77 > 4 days ago | Report Abuse

current price RM 2 is reasonable.. i think due to urusharta or someone pressing price down but it should be the last leg.
even taan bought 30%, few years ago at RM 2..

treasurehunt

1,531 posts

Posted by treasurehunt > 4 days ago | Report Abuse

All the way sliding down to 2.02 without any brakes. Buy plantation to hedge inflation? May be this logic doesn't make sense while surrounding with the bad sentiments.

Posted by steveccwong > 3 days ago | Report Abuse

Swkplant has become another good dividend paying share to hold for your retirement and now with its share price of RM2.00 (from high of RM3.38), I don't want to ask why & why especially when Average CPO Price is moving between RM4.0K/ton to RM6.0K/ton.

Posted by lionel messi > 23 hours ago | Report Abuse

Agree Steve. Warren Buffett says stock market is the only place where people run out when there's a sale! Completely irrational. Most don't have the mentality and aptitude for investing.

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