COCOALAND HOLDINGS BHD

KLSE (MYR): COCOLND (7205)

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Last Price

1.46

Today's Change

0.00 (0.00%)

Day's Change

0.00 - 0.00

Trading Volume

0


1 person likes this.

923 comment(s). Last comment by hoplanner 2 weeks ago

Teh CG

3 posts

Posted by Teh CG > 2017-06-23 16:49 | Report Abuse

haha... this go north. rm4 should hit by yearend.

Posted by LogicTradingAnalysis > 2017-06-27 16:34 | Report Abuse

can go RM 4-5 easily in one year time. We shall see.

Posted by Vivoforever > 2017-06-29 12:39 | Report Abuse

Logic is that true? Ta or fa ?

Posted by Liong Ing Kiat > 2017-06-30 18:17 | Report Abuse

good stock.. i went in around rm2

Hafid

1,130 posts

Posted by Hafid > 2017-07-02 07:24 | Report Abuse

Good. I also enter at that level. Now sell already.

Posted by Gabriel Khoo > 2017-07-05 23:04 | Report Abuse

Sugar price up. Need to restock sugar at higher price. Cost will increase. Management told the analyst. Pls check ambank research report

xm88

88 posts

Posted by xm88 > 2017-07-29 14:48 | Report Abuse

After moving side way for the past 6 week, it is encouraging to see some strong persistent buying yesterday. it seems like something is brewing in this company from the accumulation of the shares by the banker during the past few months. It is very likely the share price will move up to new heights in the coming days, hopefully.

MrPauper

1,031 posts

Posted by MrPauper > 2017-07-29 16:18 | Report Abuse

how do you know that it is the bankers who acculumate them?

xm88

88 posts

Posted by xm88 > 2017-07-29 20:41 | Report Abuse

from the observation of the way the trading were done during the past few months

luckycharm

385 posts

Posted by luckycharm > 2017-08-08 11:30 | Report Abuse

Yesterday sold all..hope buy back at 2.80 below

Posted by Honey Comb > 2017-08-11 11:46 | Report Abuse

time to sapu some

Hafid

1,130 posts

Posted by Hafid > 2017-08-13 16:45 | Report Abuse

Ribena product recall due to finding from the manufacturing

Posted by Honey Comb > 2017-08-13 17:07 | Report Abuse

hafid, source?

Hk Wong

420 posts

Posted by Hk Wong > 2017-08-14 15:08 | Report Abuse

people sell

Indahnya

86 posts

Posted by Indahnya > 2017-08-14 17:23 | Report Abuse

What happen to cocoaland recently...price kept dropping

Posted by Honey Comb > 2017-08-14 17:25 | Report Abuse

@matb,thanks for the verification. If I'm not mistaken, only the bottle Ribena(not those syrup) is manufactured by cocoaland

Posted by Honey Comb > 2017-08-15 12:47 | Report Abuse

matb sifu, when is the time to add more?

Hafid

1,130 posts

Posted by Hafid > 2017-08-16 06:03 | Report Abuse

A lot sell

Posted by Honey Comb > 2017-08-16 14:30 | Report Abuse

thanks matb , fundamental still intact

Hk Wong

420 posts

Posted by Hk Wong > 2017-08-16 16:25 | Report Abuse

a lot of seller. so be careful

ajim102

63 posts

Posted by ajim102 > 2017-08-24 20:46 | Report Abuse

Thank MATB for the insight.im planning to do a write up on cocoaland to get a clearer picture on its performance

MATB

609 posts

Posted by MATB > 2017-08-24 20:54 | Report Abuse

Good ajim102. Thks in advance for ur effort. Pls post ur link here. Waiting ^_^

ajim102

63 posts

Posted by ajim102 > 2017-08-26 11:12 | Report Abuse

https://klse.i3investor.com/blogs/antifragileinvesting/130938.jsp

just a simple analysis on cocoaland.

Stock Kingdom

1,005 posts

Posted by Stock Kingdom > 2017-08-28 19:24 | Report Abuse

Result not so good for the 1st sight, need to study deeper

Hafid

1,130 posts

Posted by Hafid > 2017-08-28 19:45 | Report Abuse

Profit is down. But no debt. Cost increase due to raw.matrrial.and workers.

Flintstones

1,762 posts

Posted by Flintstones > 2017-08-29 09:01 | Report Abuse

Hahaha. Holland stock from donkeystock

Posted by Honey Comb > 2017-08-29 14:47 | Report Abuse

nice

Posted by Liong Ing Kiat > 2017-08-29 18:39 | Report Abuse

wat hapen?
down 15 cents

ajim102

63 posts

Posted by ajim102 > 2017-08-29 19:47 | Report Abuse

people panic.time to add more position

Posted by Honey Comb > 2017-08-30 00:12 | Report Abuse

yes! FY2017 will be a result!

davors

889 posts

Posted by davors > 2017-08-30 11:23 | Report Abuse

wait 2.20

Oreo Oero

319 posts

Posted by Oreo Oero > 2017-09-28 13:40 | Report Abuse

@MATB, market sentiment now is not looking good ;(

ajim102

63 posts

Posted by ajim102 > 2017-10-01 11:36 | Report Abuse

but the company's fundamental is still intact so for long term investor you should not worry much on the sentiment

Eagle_T

89 posts

Posted by Eagle_T > 2017-10-26 21:57 | Report Abuse

Cocoaland Industry Sdn Bhd (“CISB”), a wholly-owned subsidiary of Cocoaland Holdings Berhad (“Cocoaland”), has been served with a letter from the Inland Revenue Board of Malaysia (“IRB”) dated on 19 October 2017 pertaining to the initial tax audit findings for the years of assessment 2010 to 2014 showing an additional income tax of RM4,059,479.73 and 45% penalty of RM1,826,765.88 totalling RM5,886,245.61
http://www.theedgemarkets.com/article/cocoaland-slapped-rm589m-additional-tax-irb

mancingbursa

4,267 posts

Posted by mancingbursa > 2017-10-30 22:40 | Report Abuse

Gula gula tak laku kah?

Oreo Oreo

319 posts

Posted by Oreo Oreo > 2017-11-19 12:45 | Report Abuse

QR coming soon?

Indahnya

86 posts

Posted by Indahnya > 2017-12-07 17:35 | Report Abuse

hows cocoaland?

Oreo Oreo

319 posts

Posted by Oreo Oreo > 2017-12-12 18:49 | Report Abuse

huge relief

Posted by Mohd Fahmi Bin Jaes > 2017-12-12 18:50 | Report Abuse

Down

Indahnya

86 posts

Posted by Indahnya > 2017-12-14 21:13 | Report Abuse

@matb are you still holding cocoaland?

Oreo Oreo

319 posts

Posted by Oreo Oreo > 2018-01-05 14:37 | Report Abuse

Cocoaland Holdings
Buy
Target Price: MYR3.10
Price: MYR2.65
Yummy Gummy Market Cap: MYR606m
Bloomberg Ticker: COLA MK
We initiate coverage on Cocoaland with a BUY recommendation and TP of
MYR3.10 (20% upside including dividend yield). Its range of gummy
products has continued to grow, prompting the group to expand its
production capacity to capture rising demand – this supports its longerterm earnings growth. Backed by a sturdy balance sheet, dividend yield is
forecasted at 3.4-4.2% during FY18F-20F. The stock is trading at a 30%
discount to sector average, which we believe is unjustified given the
encouraging growth of its gummy products and solid fundamentals.
Share Data
Avg Daily Turnover (MYR/USD) 0.22m/0.05m
52-wk Price low/high (MYR) 2.01 - 3.16
Free Float (%) 25
Shares outstanding (m) @MYR1 par 229
Expected Share Price Return 17%
Expected Dividend Return 3%
Expected Total Return 20%
Shareholders (%)
Leverage Success SB 38.0
Fraser & Neave Holdings Bhd 27.2
Share Performance (%)
YTD 1m 3m 6m 12m
Absolute 1.5 (3.3) (3.6) (16.1) 30.5
Relative 1.7 (7.9) (5.4) (17.8) 21.7
Source: Bloomberg
92
111
130
148
1.8
2.3
2.8
3.3
Cocoaland Holdings (COLA MK)
Price Close Relative to FTSE Bursa Malaysia KLCI Index (RHS)
2 2 1 1 1 1 1
Jan-17
Mar-17
May-17
Jul-17
Sep-17
Nov-17
Vol m
Source: Bloomberg
Additional Data
Bursa Code 7205
Listing Market Main
Beta 0.5
3-Month Average Volume (‘000) 87.1
ROA (%) 12
Manufacturer of choice. Cocoaland Holdings (Cocoaland) has close to 40
years of experience in food manufacturing. The group was listed on the Second
Board of Bursa Malaysia in 2005, and has since delivered an uninterrupted
earnings record. Its in-house products have strong brand equity in the domestic
market and are also popular in foreign countries. Besides, the group has
expertise in contract manufacturing, serving several reputable MNC clients.
Gummy spearheading growth. Cocoaland’s revenue has grown at a 5-year
CAGR of 9.4% to MYR272.6m in FY16. We believe the commendable sales
performance was mainly driven by robust demand for its gummy products.
Moving forward, the group is planning to add a new production line to capture
rising demand.
OEM and exports providing additional boost. Original equipment
manufacturer (OEM) or contract manufacturing has contributed significantly to
Cocoaland’s topline, helping to support its production utilisation rate and thus
generating economies of scale. On top of that, the experience in manufacturing
for high-profile customers has enhanced its reputation and track record.
Meanwhile, the diversification into foreign markets bodes well for Cocoaland
given the additional revenue stream and more sizeable growth potential.
Generous dividends backed by sturdy balance sheet. Cocoaland has been
generous in rewarding its shareholders with dividends, thanks to healthy cash
flow generation and minimal capex. It has a sturdy balance sheet with net cash
of MYR78.6m or MYR0.34/share as at end-3Q17. We believe the dividend
payout can be sustained and we are forecasting DPS of MYR0.09, MYR0.10,
and MYR0.11 during FY17-19F, which translate into decent yields of 3.4-4.2%.
Initiate coverage with TP of MYR3.10. Our TP is based on FY18F P/E of 18x,
on par with +1.5SD over its 5-year mean and represents a c.15% discount to
the sector average given Cocoaland’s smaller market capitalisation and profit
base. The stock is currently trading at FY18F P/E of 15.4x or 30% discount to
the sector average, which we believe is unjustified given the encouraging
growth of its key gummy products and solid fundamentals. Risks to our
recommendation include potential M&A acquisitions and sharper-than-expected
rise in input costs.

Oreo Oreo

319 posts

Posted by Oreo Oreo > 2018-01-05 14:38 | Report Abuse

from rhb ib

smalltimer

1,501 posts

Posted by smalltimer > 2018-02-12 22:15 | Report Abuse

Habis

Oreo Oreo

319 posts

Posted by Oreo Oreo > 2018-02-27 20:47 | Report Abuse

0.13 sen!

Oreo Oreo

319 posts

Posted by Oreo Oreo > 2018-02-28 17:33 | Report Abuse

@matb ,do you buy back?

Oreo Oreo

319 posts

Posted by Oreo Oreo > 2018-03-12 16:14 | Report Abuse

tommorow is the ex date for div

Oreo Oreo

319 posts

Posted by Oreo Oreo > 2018-03-12 16:15 | Report Abuse

13 march

Cindy Lee

53 posts

Posted by Cindy Lee > 2018-03-20 10:16 | Report Abuse

Why no trading today

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