Posted by alibiii > 2022-02-23 15:05 | Report Abuse

fuh 6500

Posted by troy88 > 2022-02-23 15:57 | Report Abuse

Steady!

Posted by petronasgloves > 2022-02-23 16:07 | Report Abuse

to the moon ?

Posted by Jonathan Keung > 2022-02-23 16:25 | Report Abuse

CPO hit $6500+ today

Posted by mamatede > 2022-02-23 16:35 | Report Abuse

Urusharta Jamaah selling again...lolz lolz

Posted by Jonathan Keung > 2022-02-23 16:43 | Report Abuse

this is just the beginning of Swk .wait for their announcement coming qtr result and dividend .

Posted by Jonathan Keung > 2022-02-23 18:47 | Report Abuse

Still underperforming compared to SOP or Ta Ann price. Look at Jtiasa result. Net profit jump 11 times { SWK will be above market expectations } just wait for the result announcement

Posted by VenFx > 2022-02-23 18:48 | Report Abuse

aS BEUTY AS HER MOTHER.
REsult year year doubled up

Posted by Gabriel Khoo > 2022-02-23 18:53 | Report Abuse

Hit by produxtion cost

Posted by Diamond7 > 2022-02-23 19:27 | Report Abuse

Tmoro up up up..
Rocket up!
5 cents dividend...hooray!!!

Posted by gemfinder > 2022-02-23 19:39 | Report Abuse

Not goood

Posted by Johnzhang > 2022-02-23 19:46 | Report Abuse

Q4 EPS of 11.7sen is below my expectation, though it is an increase 95% YOY. 3rd interim dividend of 5sen is good.

FY2021 EPS is 45.81sen up 108% YOY. Total dividend so far adds up to 20sen which is up by 100% YOY.
PE is 6.9X based on today's closing. DY is 6.3% is still considered good. It is a net cash company and shall afford to pay higher dividend in future.

3rd interim is ex 9/3 which is very quick. Do we expect final divided before AGM ? Hopefully so.

I aim TP of $6.80 for this counter.

Posted by Huatexpert > 2022-02-23 19:53 | Report Abuse

- RM 11 mil is related to biological asset adjustment..
Last QR biological asset adjustment was + RM 12 mil
Excluded Biological asset adjustment , latest QR was RM 23 mil better than last Q.

Posted by alibiii > 2022-02-23 20:40 | Report Abuse

I see this is a fantastic result. If u read further in the cash flow statement, the first 3q generated about 120mil free cash flow but this q alone generated about 80mil. Same with the operation profit before adjustment, this q is about double of the average of the last 3 q. The company now is net cash over 100mil Vs ta the beginning of the year with is still net debt

Posted by Johnzhang > 2022-02-23 20:41 | Report Abuse

@Huatexpert, very good observation from you.
Q4 2021 profit could have been higher meeting my estimate if not for the $11.8 mil reversal of fair value change.

QOQ comparison :
Q4 2021 operating profit before tax and fair value change of biological asset is $ 56.9 mil. Whereas 3Q2021 was $39.2 mil.
As such , QOQ increase in PBT is 45.2% increase (56.9/39.2)

Posted by alibiii > 2022-02-23 20:45 | Report Abuse

I expect more divident to come if spb have no urgent need of cash for expansion

Posted by GLNT > 2022-02-23 21:01 | Report Abuse

If CPO stays at 6k average this year, net profit could be 160mil, PE 2022 of 5.5x, div yield of 7.9% asauming 25 sen dividend in 2022.

Posted by calvintaneng > 2022-02-23 21:44 |

Post removed.Why?

Posted by ongth60 > 2022-02-23 22:40 | Report Abuse

They have increases the cash from 60 millions in previous quarter to 114 millions while debt remains the same...a 5 cent dividend means an expense of 14 million.

Posted by mamatede > 2022-02-23 23:14 | Report Abuse

https://markets.businessinsider.com/commodities/palm-oil-price

Woah up and up cpo

Posted by JBond007 > 2022-02-23 23:34 | Report Abuse

Need to be patient. Wait till Urusharta Jemaah (Tabung Haji assets under MOF) completed their disposal.

Posted by Huatexpert > 2022-02-23 23:52 | Report Abuse

All the IBs have adjusted the 2022 CPO higher compare to 2021...
Therefore, it is expected the 2022 will perform better for plantation counter in 2022 compare to 2021..
With 2021 with EPS at 48 cent for sarawak plantation.. u should expect higher EPS and better dividend too for Sarawak plantation in 2022... dividend for 2021 is 20 cent of RM 3.16 share price...

Posted by GLNT > 2022-02-24 00:00 | Report Abuse

EPS likely above 57 sen or 160mil conservatively in 2022, PE 5.5x. Historically about 40% dividend payout. At least 7% dividend yield for 2022.

Posted by Plantermen > 2022-02-24 06:48 | Report Abuse

Third interim pay out stands at 0.05 sen per share. expect a final pay out announcement coming when the board finalised SOP P& L review

Posted by Hush77 > 2022-02-24 08:25 | Report Abuse

It remains cheap.. low PE and dividend is good..

Posted by mamatede > 2022-02-24 09:13 | Report Abuse

no surprise in QE. now is the time to buy. with Ukraine main one of
the exporter of sunflower oil. people will tend to buy palm oil more. chiong

Posted by 8888_ > 2022-02-24 09:34 | Report Abuse

QR in 2022 even better why nobody share? CPO output, price in 2022 worse?

Posted by titan3322 > 2022-02-24 09:38 | Report Abuse

Kesian

Posted by 8888_ > 2022-02-24 09:47 | Report Abuse

Somebody in i3 jealous write bad?

Posted by mamatede > 2022-02-24 09:49 | Report Abuse

Yes CPO in 2022 even better than 2021. Thats fact

Posted by 8888_ > 2022-02-24 09:49 | Report Abuse

20 sen dividend for lower CPO price in 2021 so 25-30 sen dividend for financial year 2022?

Posted by alibiii > 2022-02-24 10:09 | Report Abuse

public bank report out ady? any revision in target price? true many retail investor just look at the face value only that's why 90% of them loss money in share market

Posted by troy88 > 2022-02-24 10:18 | Report Abuse

Those who simply dumped without even understanding the QR will regret. Some are already regretting

Posted by mamatede > 2022-02-24 10:20 | Report Abuse

Those people that dumping is Urusharta Jamaah.

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

Not many people are prepared to to do a indepth & detailed analytical study on a particular stock vs industry peers. Real assets, Real price trends and real demand.

Posted by alibiii > 2022-02-24 10:31 | Report Abuse

pbb up target price 4.27!

Posted by alibiii > 2022-02-24 11:22 | Report Abuse

fuh 6600

Posted by mamatede > 2022-02-24 11:53 | Report Abuse

Nice, time to buy more.

Posted by Johnzhang > 2022-02-24 11:58 | Report Abuse

FCPO march +$199 to $6,750
FCPO Apr +$192 to $6,445
Many countries is scrambling to secure enough edible oil in the wake of Ukraine-Russia war ? There is no additional supply !

Posted by mamatede > 2022-02-24 12:06 | Report Abuse

Just buy quietly, no need hard sale... hehehe

Posted by alibiii > 2022-02-24 12:10 | Report Abuse

fuh 6800

Posted by I_like_dividend > 2022-02-24 13:53 | Report Abuse

CPO >RM 6000.

Posted by 8888_ > 2022-02-24 14:10 | Report Abuse

PBB TP RM 4.27.

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

oil price too expensive? Need to blend more cpo inside?

Posted by markgold > 2022-02-24 14:52 | Report Abuse

CPO going up 300+ today and plantation stocks drop??

Posted by mamatede > 2022-02-24 14:54 | Report Abuse

I think is just fear people are selling equities.

Posted by freddiehero > 2022-02-24 15:02 | Report Abuse

heavy rain not yet start.. better avoid le

Posted by Bizfuneng > 2022-02-24 15:04 | Report Abuse

Public Invest : Target Price RM4.27

Posted by chshzhd > 2022-02-24 15:23 | Report Abuse

if u like swk , u should like taann more:)

Posted by Jonathan Keung > 2022-02-24 15:37 | Report Abuse

Warren Buffett said. When people fear time to buy