KMLOONG (5027): Financial Annual Results (Unaudited)

Gold Dragon

2022-04-25 09:57

Correctloh.....Cpo cash mkt up more than Rm 500 to more than Rm 7400 loh!

The future july up more than Rm 380 to more than Rm 6700 mah!

Very bullish price upgrade mah!

Big profit coming loh!

2022-04-25 12:51

Go Go Go!

2022-04-25 13:24

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

2022-04-25 13:24

Local plantation especially Chinese management close your eye BUY BUY BUY

2022-04-26 13:30

KIM LOONG have 40 profitable quarters and good dividend

2022-05-03 10:33

This medium size plantation co is in the league of plantation big caps base on performance mah!

2022-05-03 11:38

Healthy

why kim loong profit margin so low??

2022-05-05 22:12

Kenokaya

Why today all plantation stock drop?

2022-05-09 09:41

KM LOONG will run the Good Profit in 2022

2022-05-12 16:10

saberfist1

People like you and me saw that the share price of palm oil stocks goes up in the future. But the market lately had been acting funny in the sense that its selling heavily despite good quarterly results posted . It is evident in the charts itself. This stock is short sale sellable, so if most of them are dropping like a rock here, there might be short sellers who had waited on the other side of the trade as well and'd probably jumpstarted the sell off due to irrational exuberance for palm oil stocks super rosy projections, causing other investors to panic sell en masse here up to a certain point. You might want to check about the short interest on palm stocks on the day when they'd plunged from their highest point many weeks ago.

2022-05-21 12:26

saberfist1

The question is , who is behind the selling plunge jumpstarting here? Certainly not the average investor for sure. Most Malaysian investors and even local investment firms had no long time knowledge about short selling since restricted short selling on Bursa was just newly reintroduced this or last year. I suspect foreign investment firms with more short selling experience, analysis and capability are actually doing that. Otherwise who had the know how to short sell en masse at a certain perceived high point when everyone else sees no way of going down now but up? Think about it.

2022-05-21 12:34

StartOfTheBull

Negative articles by local investment research analysts contribute to part of the fear sentiments to investors thus trigger the sell off of plantation stocks.

2022-05-21 13:13

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!

2022-05-22 08:56

VTrade

Superbull coming

Sweet is given to minyak 5kg

2022-08-02 11:13

Almost time to buy Kim Loong

2023-03-03 14:09

Huge trend in Q4 2023 to Q1 2024

2023-03-03 14:09

My price target is RM4.00

2023-03-03 14:09

Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$â¬Â£Â¥

This company is an absolute cash cow.

When will IOICorp acquire this Kimloong instead of the garbage TSH Resources

2023-03-29 20:34

cbkia4896

golden dragon goes brrrrrrrrrr

2023-03-29 20:36

Security LastPr PE DY% Divcts ROE ttm-marg
KMLOONG (Plantation) 1.82 10.85 7.7 14 19.51 8.5

2023-03-30 16:13

Add on dips

2023-04-03 11:57

Get ready for Round 2 of inflation. Oil, palm oil, sugar, coffee, gold, all commodities. Companies will keep chopping off workers, wage will stagnate, but food/agri prices will maintain high.

2023-04-03 11:58

Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$â¬Â£Â¥

This company can be worth more than RM3 billion in the next 3 years

2023-04-16 01:00

Sami_Value

Good thing about KMLoong, they will know how to rise again no matter how bad the price was beaten down.

2023-06-09 09:53

sense maker

Next quarterly EPS will be 2.5sen, I guess. Palm oil is also weakening back past few days.

2023-07-08 08:50

Kim Loong’s 1QFY24 exceeds expectations on better milling
BY RONNIE TEO ON JUNE 30, 2023, FRIDAY AT 3:20 PMBUSINESS

For the freshest news, join The Borneo Post's Telegram Channel and The Borneo Post on Newswav.

Kim Loong’s milling division accounted for 42.2 per cent of Kim Loong’s pre-tax profit in 1QFY24 while plantation made up a larger 57.8 per cent.

KUCHING (June 30): Sarawak-based Kim Loong Resources Bhd’s (Kim Loong) annualised results for the first quarter of financial year 2024 (1QFY24) exceeded expectations due to a higher than estimated milling pre-tax profit margin.

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AmInvestment Bank Bhd (AmInvestment Bank) recalled that Kim Loong raised the processing charge for its milling division by RM15 per tonne to a range of RM50 to RM75 per tonne in 2QFY22 due to higher costs of compliance and spare parts.

“Kim Loong’s 1QFY24 net profit slid by 19.7 per cent year on year (y-o-y) to RM31.5 million, dragged by lower palm product prices and higher costs of production,” it said yesterday.

“However, 1QFY24 gross profit margin grew to 18.1 per cent from 13.8 per cent in 1QFY12 as milling pre-tax profit margin expanded.”

Although fresh fruit bunch (FFB) production climbed by 19.2 per cent y-o-y in 1QFY24, AmInvestment Bank said this was not enough to offset the impact of the fall in crude palm oil (CPO) price.

To note, 1QFY24 average realised CPO price declined by 35.8 per cent to RM4,050 per tonne from RM6,309 per tonne in 1QFY23.

“On a positive note, the milling division’s 1QFY24 pre-tax profit doubled to RM21.7 million from RM11.1 million in 1QFY23, driven by an increase in processing margin,” AmInvestment Bank said.

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“The unit’s 1QFY24 pre-tax profit margin surged to 6.8 per cent from 2.2 per cent in 1QFY23. The milling division accounted for 42.2 per cent of Kim Loong’s pre-tax profit in 1QFY24 while plantation made up a larger 57.8 per cent.

“Comparing 1QFY24 against 4QFY23, Kim Loong’s net profit declined by 14.6 per cent quarter on quarter (q-o-q) to RM31.5 mil due to higher costs of production and lower FFB production.

“1QFY24 average realised CPO price inched up to RM4,050 per tonne from RM3,970 per tonne in 4QFY23. FFB production retreated by 12.4 per cents q-o-q in 1QFY24.”

Researchers with Malacca Securities Sdn Bhd (Malacca Securities) said that as of 1QFY24, Kim Loong’s total planted area stood at 15,940 hectares, which it saw was relatively unchanged from 4QFY23.

This comes as Kim Loong maintained a healthy tree profile (immature at five per cent, young mature at 19 per cent, prime mature at 26 per cent, old mature at 19 per cent and pre-replanting at 31 per cent).

It gathered that no re-planting activities took place during the quarter.

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“Although CPO prices hovered largely below our assumption of RM4,000 per nMT in 2023, we reckon that downside will be cushioned by the onset of the periodic dry weather phenomenon (El Nino) that threaten production,” Malacca Securities said.

“According to the Environment Minister Nik Nazmi Nik Ahmad, this phenomenon may extend into April 2024.

“Still, we expect upsides to be capped as demand may remain sluggish, owing to the worsening of global economic outlook, persistently high inflation and elevated
interest rates environment.

“Given the reported earnings came largely in line, we made no changes to our earnings forecast for Kim Loong as we expect CPO prices is expected to trade at an average RM3,500 to RM4,000 per metric tonne for the remainder of the year.”

2023-07-16 09:27

2021willnotbetter

Good dividend yield again. Keep

2023-08-04 09:22

Kim Loong Forbes plantation companies

2023-08-08 14:54

Crude palm oil prices face an upside risk due to the continuing Russia-Ukraine war, Affin Hwang IB analysts Nadia Aquidah, Steven Chan and Andrew Lim say in a note. Uncertainties due to the war can disrupt global grain supply, pushing vegetable oils prices higher, they say. Global warming can also disrupt crop production yields and make prices volatile, they add. The analysts maintain CPO price estimates for 2023 at MYR3,800/ton-MYR4,000/ton and for 2024 at MYR4,200/ton-MYR4,400/ton. They reckon that the plantation sector's earnings will grow by around 4%-5% with every MYR100/ton increase in CPO prices. They maintain a neutral rating on the sector and select Kuala Lumpur Kepong and Jaya Tiasa Holdings as their top picks

2023-08-09 20:11

Dehcomic01

From a ROE perspective, Kim Loong had achieved better returns than my 2 reference Bursa Plantation companies – KLK and BPlant. https://www.youtube.com/watch?v=9KhboTCMdEg
But when you look at the price trend, the current price is about the past decade high. You might have missed the boat.

2023-12-04 09:30

sohaitrader

all in saja .... super good company ...

2023-12-05 17:01

paperplane

thankful, another great q results

2024-01-04 23:47

sohaitrader

already break all time high on chart adjusted for dividend .. soon will up fast

2024-01-19 10:11

AmInvest PT RM2.90
Super bullish call

2 months ago

Top plantation analyst

2 months ago

sohaitrader

i would give 5.00 TP hahah

2 months ago

rahulsk1947

why did this stock have a drop in its price this week? what went wrong?

2 months ago