Posted by karpagam > 2021-10-27 22:42 |

Post removed.Why?

Posted by Traderjoes > 2021-11-04 18:29 | Report Abuse

CPO price so high and 80% dividend policy means next coming dividend gonna be damn high. can't wait

Posted by InvestIcon > 2021-11-05 12:16 | Report Abuse

Innoprise is a company with no debt and net cash 29m. Dividend policy 80%. If CPO price at RM3500, estimate profit for 1 year is RM0.15/share. 80% dividend pay out will be RM0.12 per year. Q3 average CPO price above RM4000 and now RM5000+ Just can wait to see how much is 80% dividend now

Posted by joerakmo > 2021-11-05 12:28 | Report Abuse

IF FYE21 PE is below 10x and dividend policy is 80% ;What is the dividend yield? Do the math,Its going to be good.

Posted by InvestIcon > 2021-11-05 12:41 | Report Abuse

Counting is too tedious. Just wait for the windfall bonus

Posted by shareinvestor88 > 2021-11-05 14:16 | Report Abuse

EXPECT BUMPER PROFIT

Posted by shareinvestor88 > 2021-11-05 18:32 | Report Abuse

expect 25-30

Posted by Traderjoes > 2021-11-18 22:38 | Report Abuse

tomorrow announce QR?

Posted by mahmudkashimj > 2021-11-21 10:21 | Report Abuse

if innoprise so good than tsh can buy why did no buy

Posted by SpicyMcDeluxe > 2021-11-22 09:14 | Report Abuse

kekw

Posted by Traderjoes > 2021-11-22 09:39 | Report Abuse

QR should be out soon. insiders must be buying up

Posted by Limitupppp > 2021-11-22 12:06 | Report Abuse

Gogogo inno hope for best qr result in history

Posted by Traderjoes > 2021-11-22 12:53 | Report Abuse

hope announce dividend too

Posted by foreverchung > 2021-11-22 19:13 | Report Abuse

Would INNO / TSH buy plantation land from SCOPE as they are planning to exit the plantation industry?

Posted by Traderjoes > 2021-11-23 18:13 | Report Abuse

still no QR

Posted by Limitupppp > 2021-11-24 07:06 | Report Abuse

Fcpo dropping like hell

Posted by Traderjoes > 2021-11-24 13:51 | Report Abuse

January fcpo is still 5000

Posted by Traderjoes > 2021-11-25 09:45 | Report Abuse

when QR out?

Posted by NoBrainerLor > 2021-11-25 10:45 | Report Abuse

@Linitupppp, FCPO drop like hell is because the hell is too high now. But hell soon will become heaven, which is even higher

Posted by Traderjoes > 2021-11-25 12:20 | Report Abuse

expect bumper profit and dividend

Posted by joerakmo > 2021-11-25 18:50 | Report Abuse

wow eps of 5.05 cents and dividend of 6 cents
Total 9mth eps of 11.24 and total div for 21 of 16 cents.
Calendar year wise yield on current price is 11.76%
Oct to Dec quarter would be even better.

Posted by MakeitGrow > 2021-11-25 18:59 | Report Abuse

Yes, very "people-minded" management team. Willing to share company huge profit with the shareholder. This stock is a hidden pearl yet to be discovered by investors.

Posted by Traderjoes > 2021-11-25 21:41 | Report Abuse

nice QR results. solid profit and dividend.

Posted by Jnlee > 2021-11-26 07:37 | Report Abuse

best plantation stock in klse

Posted by sitisani83 > 2021-11-26 08:15 | Report Abuse

Potential friday rule.

Posted by Georgehtw > 2021-11-26 08:25 | Report Abuse

too small and lack of growth

Posted by calvins0802 > 2021-11-26 08:28 | Report Abuse

2021 dividen paid 20cent..best plantation stock...

Posted by joerakmo > 2021-11-26 08:53 | Report Abuse

what price 'growth' when there is destruction of value eg FGV

Posted by Bullbursa > 2021-11-26 09:20 | Report Abuse

Topped up at 1.25 thanks sellers

Posted by Healthy > 2021-11-26 09:57 | Report Abuse

earning more ,dividend more,everting is good.....but share price...........weird!!!
any sifu can explain why??
market is cute......

Posted by Traderjoes > 2021-11-26 10:11 | Report Abuse

^

Posted by Starship2 > 2021-11-26 10:58 | Report Abuse

If you see the cash flow, the company is quite strong ..big jump in earning, huge cash pile and retained earnings, strong profit margins etc. But it is paying out slightly more dividends than earnings.. which i feel is ok ..because it has a lot of cash...just my views from what i see..not giving any suggestions...

Posted by Starship2 > 2021-11-26 11:10 | Report Abuse

Another factor that may come into play is our currency which is depreciation against USD..Since commodities are priced in USD, drop in RM will benefit commodity producers and exporters..just thinking aloud..

Posted by Traderjoes > 2021-11-26 15:41 | Report Abuse

bursa really make no sense. Good qr but price fall, not even ex dividend yet also

Posted by Bullbursa > 2021-11-26 20:14 | Report Abuse

Ignore the market fluctuations, solid company, strong financial, high yield, good profit…80% dividend policy..all checked

Posted by Starship2 > 2021-11-28 15:41 | Report Abuse

lot of noise about ESG..this will, in my opinion only affect the large caps plantation stocks that has foreign investment..With CPO prices still high, profitability would continue to be high..INNO still looks very attractive to me..

Posted by Traderjoes > 2021-11-28 16:19 | Report Abuse

will top up more if drops below 1.22

Posted by Traderjoes > 2021-11-28 16:19 | Report Abuse

but unlikely

Posted by shareinvestor88 > 2021-12-03 08:45 | Report Abuse

STRONG FFB STRONG CPO

Posted by MakeitGrow > 2021-12-05 23:34 | Report Abuse

3/12/21 CPO stands at RM4650 per tonne. According to local famous senior investor Mr. Feng Shineng (Leng Yan), the cost per tonne is around RM1500, so if the CPO price is above 4000, it will be a huge earning for the plantation players.

Posted by stockraider > 2021-12-06 08:17 | Report Abuse

Pakai otak think lah!

As usual philip only look at the superficial at positive side without obvious assessing without assessing the negative high risk mah!

1. Innoprise is a concession or Business Reits with very short term expiry coming in about 8 years term....meaning in 8 years time Sabah foundation can just take back their land by not renewing the concession loh!
2. There is a dispute between Sabah foundation and Innoprise on the quantum of the lease rental for the land that innoprise suppose to pay loh! This the sabah govt said Innoprise under paid them for many years loh! If Innoprise will to make good of this payment for many years, the company will not report such a good result anymore loh!
3. Given such a major dispute with the sabah govt the risk of non renewal of the concession is extremely high loh! Even renewed there will be big back payment & much higher future lease Rental needed that will affect its attractiveness of this stock.
4. Most Plantation own their lands with only a few exception like FGV and Innoprise operate on a concession basis loh! Under this model this company does not really benefit from appreciation of land prices which is a natural hedge against inflation mah!

Why there is a very high chance the concession will not be renewed leh ?

The Board or the Govt feel that Inno try to cheat them by changing the agreement in 2019 with the management thats why it was rejected by the Board Of Directors of the Govt side loh!

Even if the rental is renewed there will be huge compensation for past payment plus very much higher rental to be paid mah!

That means very uncertainty loh!

Lu tau boh ?


Posted by Philip ( buy what you understand) > Dec 6, 2021 8:02 AM | Report Abuse

Correct, which is why I bought innoprise plantations. Stockraider half past six simply talk just to hear his own sound without knowing why lengyuen also buy inno and not taan nonsense.

But you have to realize why YS is also applying for additional 15k hectares state land adjoining to give to inno plant again within the next few years

>>>>>>>>>>

Nothing to worry, Agreement between Innoprices corporation Sdn Bhd (Serijaya) and Sabah Gov (Benta Wawasan) already extended to 60 years to develop 22,763 hectares land and i personally dont think they will take back the land since Sabah Foundation hold Inno share. What they can do is to entered into supplementary agreement.

in addtional cold eye also hold inno share. hihihihi
05/12/2021 10:02 PM

Posted by stockraider > 2021-12-06 10:28 | Report Abuse

It is from this supplementary agreement the dispute started, the opposing side Directors rejected this Supplementary Agreement mah!


"plantation for a period of 30 years. On 29 August 2013, the tenure for the permission to develop the said land into
oil palm plantation was extended to 60 years.
On 9 July 2018, both parties entered into a third supplementary agreement of the Agreement for Oil Palm
Plantation, whereby the subsidiary should pay rental of RM2,201,502 covering the period from year 2018 to year
2070, in an equal annual rent of RM41,538 and interest on the total outstanding rental sum at the rate of 8% per annum on a reducing balance basis."!

THAT Means by latest 2035....they can take back the land mah!

Thats the reason why Inno pay high dividend...bcos they know they knew high chance their business going bungkus when lease expired loh!


Posted by joerakmo > Dec 6, 2021 10:11 AM | Report Abuse

from annual report

Serijaya Industri Sdn. Bhd., the wholly-owned subsidiary of the Company, entered into the Agreement for Oil Palm

Plantation dated 18 November 2005 with Benta Wawasan Sdn. Bhd. (the licensee of the land) to develop a parcel of
land measuring approximately 22,763 hectares situated in the locality of Gunung Rara/Kalabakan, Sabah. Pursuant
to the agreement, Serijaya Industri Sdn. Bhd. is granted the permission to develop the said land into an oil palm

plantation for a period of 30 years. On 29 August 2013, the tenure for the permission to develop the said land into
oil palm plantation was extended to 60 years.
On 9 July 2018, both parties entered into a third supplementary agreement of the Agreement for Oil Palm

Plantation, whereby the subsidiary should pay rental of RM2,201,502 covering the period from year 2018 to year
2070, in an equal annual rent of RM41,538 and interest on the total outstanding rental sum at the rate of 8% per

annum on a reducing balance basis.


stockraider
27593 posts
Posted by stockraider > Dec 6, 2021 10:24 AM | Report Abuse X

But this Inno...amortise their concession over 74 years instead of over the suppose 14 yrs (expiry in 2035} loh!

As a result of lower amortization cost their....profit appear high in INNO mah!

Lu tau boh ?

Posted by stockraider > 2021-12-06 10:37 | Report Abuse

Why the opposing side directors rejected the Supplenmental Agreement with Inno leh ??

Ans; Why got people so silly sign a fixed rental for 60 years without taking into accounts of inflation leh ?

Do u know that goreng kiautiaw 30 years ago cost less than Rm 1.00 but today cost around Rm 6.00 leh ??

There are likely to be an element of fraud in this unfair contract loh!

Posted by joerakmo > 2021-12-06 21:56 | Report Abuse

@ stockraider The supplemental agreement is signed,Pray tell your source where it is rejected; as such material information IF ITS TRUE would need to be disclosed anyways.Else its just your spinning.
Dividends are paid from taxed earnings(retained profits) whereas some companies actually borrow to pay dividends if their cash flow is good.
Tipu earnings can pay dividends meh??
06/12/2021 9:55 PM

Posted by enning22 > 2021-12-07 10:10 | Report Abuse

too small of concern

Posted by Starship2 > 2021-12-10 13:10 | Report Abuse

I stand to be corrected..but my preliminary casual checks tells me that the controversy raised could be much ado about nothing..the lease agreement are between related parties i.e Serijaya (wholly owned subsidiary of Innoprise) and Benta Wawasan (wholly owned subsidiary of Innoprise Corp Sdn Bhd) which is a statutory body of the Sabah State Govt. And Innoprise Corp Sdn Bhd holds about 50.22 % of Innoprise Bhd. All these companies are controlled by the Sabah State Govt. By the way, its dividend payment is only slightly more than its EPS over the last couple of quarters..just my views

Posted by joerakmo > 2021-12-30 15:12 | Report Abuse

received dividend of 6 cents today on rm1.30 stk ,that is 4.6% yield for holding 1 month.Next quarter probably payable in March could be higher as 4Q CPO average is rm600-rm700 per mt higher than 3Q.
If held since Jan2021 would have received 4cent for FYE2020 and 16 cent for FY2021

Posted by joerakmo > 2022-01-07 09:29 | Report Abuse

Crop report out! projected eps for 2021 4Q 10 sen and dividend 8 sen.

Posted by shareinvestor88 > 2022-01-08 09:02 | Report Abuse

How to estimate the revenue and profit

Posted by Philip ( buy what you understand) > 2022-01-26 21:20 | Report Abuse

If not good I would not be buying it. Compared to others innoprise offers good dividends(20%) and good share price increase (36%)