Comparison of the three Sabah counters Share price: Cepat 0.935, MHC 1.20, TSH 1.41 EPS: Cepat 7.74 cents, MHC 7.41 cents, TSH 4.60 cents, Dividend: TSH 3 cents
Note: EPF still hold slightly less than 5% of TSH shares, don't know will continue dispose or not.
During bad time like FY18 and 19, Cepat pay 1.5c which is above the eps for the year. FY20, payout ratio is 30% plus 20% special dividend. If we assume 50% payout, 8c div could be coming.
All plantation stocks have already heavily in overbought and overvalued CEPAT Relative Strength Index hit to historical high of 88.88%,it is just matter of time to face correction before to move further up again
Plantation index hit to historical high at 8,117.01 points,it won't be sustainable for such a long period. It will sure to face some heavily profit taking after fiinish the ending of 4Q report on 28/02/22
15 years ago,....cepat share price was rm2,.......cpo price at that time only rm2500 metric ton,......today ,..why cepat share price so cheap,.....cpo price rm6500 metric ton already
FY2021 EPS is 16.38 sen. based on historic PE 10X, price should be $1.64. Forecast EPS FY2022 is about 20sen. based of forwaed PE, it is $2.00. By end Apr/early May, company will declare dividend and hopefully it is at least 50% payout.
Cepat Wawasan was incorporated in 2001 to facilitate the restructuring exercise of S&P Food Industries (M) Bhd, so do not refer the history before 24 Oct 2001. On 27 Oct 2005, MHC Plantations Bhd emerged as the substantial shareholder. Over the years the company has increased the shareholding from 32.02% to 38.50%.
If you compare Cepat with INNO, TSH, Bplant & MHC. Cepat earning per share is the best, and Cepat share price is the lowest. High potential to go up more.
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
ahbah
6,238 posts
Posted by ahbah > 2022-02-24 17:57 | Report Abuse
Not just Sabah oil palm counters but ALL PLANTATION STKS.