MHC (5026): Cumulative Financial Results for Last 10 Financial Years

First quarter EPS of 5.84 cents for a stock price of RM1.20, this translates to a yield of 4.87%. How many stocks in KLSE with this kind of yield?. This is only for one quarter. With higher production figures in 2nd quarter and the good average CPO (easily above Rm6500) in April and May, what will be the estimated EPS in 2nd quarter? Based on these considerations, what will then be the qoq or yoy results comparison for 2nd quarter?

Be patient.

2022-05-18 09:34

Memang benar be patient loh!

2022-05-18 09:52

treasure_seeker

yup, very good result indeed.. comparing q1 to q1

2022-05-18 11:59

ce0808

MHC coming AGM on 27/5, anyone attended past AGM before? mind to share whether it's worth to go or not

2022-05-20 08:35

Johnzhang

Investors should try to attend to voice out strongly the requests for management to set very clear dividend policy. I will be there .

2022-05-20 08:46

U go so far away to attend AGM, worth it meh ?

2022-05-20 08:59

ce0808

worth it if able to get confidents there

2022-05-20 09:04

The sustainable price for cpo should be Rm 4000 to Rm 4500, even if it is Rm 4000, it is already a historical record high mah!

Of course 2022 is exceptional....its yr record high todate is above rm 8,000 mah!

The plantation valuation is modest....using cpo price of Rm 4000 despite now still above rm 6000 loh.....!

Thus alot of value in plantation stock mah!

2022-05-20 09:05

sethoylo

should payout at least 50% of its profit..

2022-05-20 10:16

Good vibes loh!

Despite indo lift export ban which mean cpo price will fall......but the cpo price still shoot up mah!

2022-05-20 12:36

FCPO price up, stock price down. Apa ini?

2022-05-24 12:57

Good 2nd results. Cumulative EPS up to 2nd quarter is 14.1 cents. With remaining 2 quarters with higher production numbers ;may be at a lower CPO price, will the 2022's EPS surpass 2021's EPS?

2 quarters EPS of 14.1 cents for a share price of 92 cents, is this stock undervalue?

2022-07-26 13:58

This stock is undervalue but investors are not interested in this counter.

2022-07-27 09:29

StartOfTheBull

The same situation in the past. The management is quite conservative, EPS of 8c but no dividend declared, this could be the reason.

2022-07-27 09:41

treasure_seeker

yup, undervalue but it is all back to dividend policy

2022-07-27 23:05

Dakewlest

Kedekut dividen. No dividend policy?

2022-07-28 23:19

Sekarang kedekut, sikit hari nanti, dividend akan jadi bagus. What counts is that the company is well-run and has a solid track records and strong financial position.

If CPO price will remain firm in the second half of 2022 as mentioned in the recent quarterly report, 2022's EPS will likely to surpass 2021's EPS.

Disclaimer: Invest based on your own judgement.

2022-07-29 10:00

Luen07

死气沉沉

2022-08-12 16:38

Michael Kwok

Buy q 42 cents.
Tp:46-48 cents
Cut loss 39 cents.
15/9/2022 8.38pm

2022-09-15 20:38

It is a very good small plantation counter but most of the investors are not interested.

2022-09-20 16:19

1. The average CPO price for Q4 is about the same as Q3.
2. Q4 production figure is 10% higher than Q3

Considering points 1 and 2 above, what will be the estimated EPS for Q4? Another record earning in 2022?

2023-01-09 21:19

Bonus coming loh!

2023-01-12 12:18

Hopefully higher dividend than last year.

2023-02-08 10:50

Better dividend coming loh!

2023-02-11 10:06

sethoylo

6cents dividen!.. Plantation stock full of cash to distribute out.. safe stock to keep for long term...

2023-03-31 23:12

Dividen same as last year.

2023-04-03 09:39

Will CPO price stay above RM4,000 throughout 2023? There could be a correlation between crude oil price and palm oil price. If Opec+ maintains a production level that keeps Crude oil price around USD 80 per barrel, there is a possibility that palm oil price will remain above RM 4000. Additionally, with high crude oil price Indonesia will increase the production of Biodiesel. The earning outlook for palm oil sector will likely remain positive going forward.
Please make your own judgement when investing.

2023-04-11 10:50

calvintaneng

JAYA TIASA (4383) LATEST RESULT SHOWS A HUGE SURPRISE JUMP IN PROFIT: UP BY 100% KUDOS TO YOUR EXCELLENT HARD, WELL DONE! WELL DONE!! WORK , Calvin Tan

https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2023-11-29-story-h-214097097-JAYA_TIASA_4383_LATEST_RESULT_SHOWS_A_HUGE_SURPRISE_JUMP_IN_PROFIT_UP_B

2023-11-29 04:28

Dehcomic01

MHC has Book Value of RM 1.37 per share. I estimated its EPV to be RM 0.80 per share based on its past decade of EPS and a 10% discount rate.

Based on Professor Bruce Greenwald Asset Value (AV) vs Earnings Power Value (EPV) analysis, this is a company with under-utilized assets. The under-utilization is worst if you assume that its Revised Book Value would be about double the Book Value. This was based on Boustead Plantation case where a recent valuation showed that the Revised Asset Value is about double the assets in the Book.

Greenwald actually used an updated basis to determine the AV. Accordingly we should be comparing the Revised BV of about RM 2.74 with the EPV of RM 0.80.

Unfortunately, the market doesn’t really look at Book Value but focus on earnings. Book Value comes into play only if there is some takeover or asset sale.

Moral of story? There are better Bursa plantation companies in terms of earnings if you want to invest in this sector https://www.youtube.com/watch?v=9KhboTCMdEg

2023-12-18 08:42