CHINTEK (1929): Financials Summary, Key Results, Growth

Chinteck?

Chinchai also worth more than Rm10.00 if taken private

https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/2021-05-11-story-h1565028572-FCPO_FOR_MAY_2021_NOW_IS_RM4_880_TIME_WHEN_ALL_GOES_DOWN_PALM_OIL_UP_SO.jsp

2021-05-11 15:22

Fantastic Result from Chinteck plant

Profit up 100%

Dividend 8 sen

Special dividend 11 sen

Total 19 sen dividend

Dividend is the proof of a Real and Solid plantation bull run soon

Dividend cannot lie

Just like a genuine healthy tree cannot lie when it gives out good fruit

2021-07-30 19:14

Haizzx!
Waited since 2008

Still no bonus!

2021-08-01 16:23

CHINTECK VERSUS FRONTKEN: Why Palm Oil Stocks Now Better than Technology Stocks, Calvin Tan Research

https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/2021-08-01-story-h1568906210-CHINTECK_VERSUS_FRONTKEN_Why_Palm_Oil_Stocks_Now_Better_than_Technology.jsp

2021-08-01 22:15

excellent excellent

Chinteck up 34 sen on good results news

The market is reactive

They only buy AFTER good results out

We must be pro-active to buy BEFORE good results out

With only a small 28,000 acres of palm oil Chinteck already done so well

Imagine Stocks like Tsh, Thplant and Jtiasa all with more than 200,000 acres of palm oil?

2021-08-02 10:15

Very cold counter....

2021-08-08 10:41

Highly undervalue!!
Cash rich...
Go chintek...Go! Go..!

2021-08-08 19:05

Value trapped!
Can't move!!!

2021-08-29 06:53

Moving!!

2021-09-08 00:25

why nobody monitor CHINTECK ?

2021-10-07 17:17

CPO prices expected to be lower in 2022, say market analysts (The Star - Saturday, 16 Oct 2021)

UOB Kay Hian Research maintains its “underweight” rating on the plantation sector

The research unit is keeping its CPO price forecast for 2021 and 2022 at RM3,300 and RM2,800 per tonne respectively

CPO prices may sustain at the current levels due to the continued disappointing palm oil production as yield recovery from the previous drought is taking longer than expected

It also notes that risks include rising fertiliser costs due to supply constraints. As fertiliser cost (30% of ex-mill cost) is one of the biggest components besides labour cost, the surge in fertiliser prices could lead to a cost increase of at least 15% to 20%

RHB Research also maintains its “underweight” rating on the plantation sector

It advises investors to ride the wave and look for opportunities to sell into strength, with CPO prices currently at a peak, and some strength being seen in share prices.

“The main risk to this thesis is weather abnormalitie. Share prices have, for the first time this year, started moving in tandem with CPO prices. We believe now is the time to ride the wave, and wait for a good opportunity to lock in some profits, adding that environmental, social, and governance (ESG) concerns will still impact sector valuations”

https://www.thestar.com.my/business/business-news/2021/10/16/cpo-prices-expected-to-be-lower-in-2022-say-market-analysts

What we can observe market behaviour now is most of the fund managers start to revise outlook for CPO in the upcoming season, most of experts had expected the CPO prise shall be normalised in tandem.

Fund managers strongly believe that plantation companies shall be adjusted lower heading Trailing Twelve Months (TTM), that’s why most of the research houses given underweight outlook.

This is the reason why plantation sector not so fancy like year 2020 glove sector, fund managers strongly believe that once the CPO price normalise so ASP also simultaneously adjusted lower.

One of the good example to review is glove sector, what happen for the year 2020 compare with year 2021. Once most of the fund managers revise neutral or underweight outlook, we all can see the respective sector (or respective stocks) will start decelerating.

Despite glove sector still handsomely profitable for the next few years but most of the share traders more bias to ASP will be adjusted accordingly. This scenario is same with plantation sector as well.

If we want to enjoy fancy profit from the share price margin at this moment, we need to thoroughly consider is it the right time to challenge current circumstances since market had given cognitive lesson for the past of glove sector.

If we want to enjoy dividend yield (only selective planters), it’s fine to accumulate rather than putting your funds at the banks but now not aware current share price is it wisely to enter since plantation sector bias to neutral or underweight.

2021-11-06 14:33

Post removed.Why?

2021-11-13 08:11

Other members also buying valuable stocks but not behave like this iddiot spammer

We all feel ridiculous nonstop posting nonstop promoting

As I said earlier, if you so confidence to wait and if you so confidence what you invest why everyday need to promote, why everyday put up so many blog, why everyday go different stocks forum keep on promoting your palm oil stocks?

This is very obvious you desperately want to cash out your share bought and treat other members as waterfish.

Now all open your eye and see this iddiot spammer sold all MHC stock since this iddiot spammer so confidence about the palm oil sector earlier and keep on promoting to all members everywhere.

https://klse.i3investor.com/servlets/forum/600571451.jsp

I so pity members here listen to this iddiot end up you can burn you hard earned money and this iddiot laughing at you later.

In the real world, no free lunch to people unless you want to take advantage from others

I don't know why 3iii administrator didn't take any action to suspend this iddiot account to avoid further keep on spamming everyday and every way

I pegging administrator need to take proper action against this spammer

2021-11-15 07:03

Post removed.Why?

2021-11-17 07:45

Time to examine deeply the recent quarterly result for "ATAIMS", I think no any shareholder can expect the result so poor, if you look at YR 2020 net profit by RM 150 mil and YR 2019 net profit by RM 76 mil

Before result announced, most of the traders, investors or fund managers also compliment high prospect of demand for tech sector

After poor result announcement, we can see what are the huge reaction of the market, that's massive selling down. So, is the good time to consider, when so much noise to promote respective sector, you think what will happen later (last year glove sector, this year tech sector)

>>>

2021-11-17 14:03

When promoter always so much of sweat talk so much of approach for sure this iddiot spammer wanted to cash out from the stock purchased

Other members also buying valuable stocks but not behave like this iddiot spammer

We all feel ridiculous nonstop posting nonstop promoting

As I said earlier, if you so confidence to wait and if you so confidence what you invest why everyday need to promote, why everyday put up so many blog, why everyday go different stocks forum keep on promoting your palm oil stocks?

This is very obvious you desperately want to cash out your share bought and treat other members as waterfish.

Now all open your eye and see this iddiot spammer sold all MHC stock since this iddiot spammer so confidence about the palm oil sector earlier and keep on promoting to all members everywhere.

https://klse.i3investor.com/servlets/forum/600571451.jsp

>>>

I so pity members here listen to this iddiot end up you can burn you hard earned money and this iddiot laughing at you later.

In the real world, no free lunch to people unless you want to take advantage from others

I don't know why 3iii administrator didn't take any action to suspend this iddiot account to avoid further keep on spamming everyday and every way

I pegging administrator need to take proper action against this spammer in order to strengthen protection more and more victim investors.

2021-11-17 14:03

intrinsic99

See what you posted

Posted by Intrinsic99 > Mar 7, 2021 1:14 PM | Report Abuse

Hello, good afternoon every lover members.

I am new member here, I will appreciate all my senior fellow members here can give some golden advise to invest and to earn substantial profit at the equity market. Thank you very much.

YOU CONFESSED YOU ARE A NEW MEMBER HERE.

SO YOU BETTER LEARN FROM THOSE WHO KNOW BEST

SEE

Johnzhang @intrinsic99, this is for you just in case you missed it
https://themalaysianreserve.com/2021/11/16/strong-3q-earnings-expected...
17/11/2021 3:12 PM

2021-11-17 16:11

I only study the top 5 stocks, Simeplnt, KLK, IOI, PPB,Genp as the market reference. What can you see on the individual stock's chart?

If you can't understand the simple chart then you better don't come out and con all members here

2021-11-17 16:41

no big surprise? sad

2021-12-28 19:11

super good result?

2022-01-28 00:05

Johnzhang

30 sen eps per qtr is very good ! 2022 is another bumper year .

2022-01-28 13:37

GrowthCapitalist

I this company is doing well because it is purely FFB sales company. It seems everyone had missed their bullet in other plantation and forget about this. This company share price so cantik!

2022-06-05 22:47

Buy and keep it in your safety box
Hidden gem!

EPS 101.46
PE ratio 9.46 (low)
Dividend yield ...bout 6%

Highly undervalued
Cash rich assets

Rich land banks

2022-06-08 21:00

July quarterly report will be excellent!
Anticipating high dividend payout....

2022-06-08 21:02

Can Chintek go beyond RM10???
Only time will tell...

2022-06-08 21:04

Oops
Sorry....
Financial year August 2022
Expected EPS 140

First interim dividend 13 cents
Expected final dividend 47 cents
Dividend yield 6%

The Prime landbanks in Bandar Sri Sendayan was bought at RM5773 per acre in 1970
Currently worth bout 0.5 million per acre

Chintek has a nett cash of 385 million!!!

2022-06-12 21:04

Chintek is a hidden gem..

2022-06-12 21:07

Chin Tek Plantation to hit 1B valuation

2022-06-12 21:11

Chin Tek Plantation: Stocks to Watch in mid Q3 2022

Good production figures to boost Chin Tek Plantation’s net profit.

2022-06-12 21:13

Chin-tek load up!

2022-06-14 15:12

Load up a truck. Why are you guys selling

2022-06-14 15:13

Nett cash of 385 million! CHINTEK is the winner of interest rate hike! Hold tight tight!

Superbull star!
Dun miss the opportunity of your lifetime!
Never unload...

Never let go...
Till the volcano erupts!

2022-06-15 20:13

DJThong

I no chance buy
Loss money in tsh follow Calvin

2022-06-26 22:17

Must have independent thinking...@DJThong

To be a successful investor,
Needs...
Patience...
Rome is not built in one day!
Courage...
Optimistism n wisdom

Good Luck

2022-07-02 15:39

ADUH!
https://www.thestar.com.my/business/business-news/2023/01/30/chin-teck-plantations-issues-profit-warning

To be a successful investor
Buy when stocks are low n undervalued!

1. Cash rich assets company
2. High dividend yield
3. Buy if price is undervalue...
Dun chase chase to new high!

2022-07-03 00:00

Ham5ter

good qr, declare dividend, no movement?

2022-07-29 10:00

Michael Kwok

Price 8.40-8.46.Downgrade chinteck below rm 6.along the way 6-15 % upward.
30/8/2022 10.42pm.

2022-08-30 22:43

dasan784

Where is all the people who were asking us to buy buy and saying a dividend of 47cents will be given BUT we got 29cents. I sent a email to CHINTEK asking is true that they plan to unlock land value near SENDAYAN. Already 6 days but no reply. Only now i realize that these crooks wanted to throw their shares bought cheaply and disposed to us at a high price. Karma will hit these crooks very very hard. No worries as we have God to protect us. Cheers.

2022-09-12 13:32

NatsukoMishima

Glove 2.0 ! Later all farmer will sell at net loss cost when ASP drop to below rm 2500 per tonne at year end !

2022-09-26 13:51

Pinky

Glove 2.0? Ya meh???

2023-01-30 20:32

speakup

2023-01-30 22:37

Pinky

Reduced profit, not gonna turn into a loss like glove 1.0

2023-01-31 09:04

Dehcomic01

Chin Teck – an irrational market?
Over the past decade the market has not always been rational as can been seen from the comparison between the ROE and market price. You can see that in 2018 when the ROE was at its high, the market price continued with its downtrend.
The current ROE is lower than the 2022 peak. While the market price had declined, it has not reached the 2019 lows. https://i.postimg.cc/50NzFvx0/ChinTek.png
From a fundamental perspective, Chin Teck performance lies in between my 2 Bursa plantation references – BPlant and KLK. I would not rate its fundamentals as fantastic.
So, not so fantastic fundamentals and a harder to read market behaviour. Is this an investment opportunity?
For more insights of the Bursa plantation sector go to https://www.youtube.com/watch?v=9KhboTCMdEg

2023-11-10 09:44

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

Digerati

CHIN TECK PLANTATIONS BERHAD - 65th Annual General Meeting
Date : 30 Jan 2024
Time : 10.30am
Type : Virtual

Join meeting at : https://sinthye-online.d-agm.com/

2024-01-10 23:51

Cold ...very cold counter!

Nothing exciting!
Low dividend
No bonus

Directors
Please give higher dividend n declare bonus issues

We are waiting!

2 months ago

KUALA LUMPUR (Mar 25): Given the steep discount to its underlying value, oil palm planter Chin Teck Plantations Bhd may stand to be privatised in the future, according to PublicInvest Research.

In a research note on Monday, PublicInvest Research said the group is currently trading at an undemanding valuation of only 2.6 times historical price-to-earnings (P/E) ratio multiple or discounted price-to-book (P/B) ratio of 0.79 times, based on its financial results for the financial year 2023 (FY23).

Furthermore, the plantation group was also noted to be sitting on a cash position of RM408 million with zero gearing. It also owns investment securities worth RM132 million.

"Assuming our current valuation of 11 times FY25 EPS (earnings per share) for the upstream plantation business plus the liquid assets (cash + investment securities for bond and equity instruments) totalling RM540 million, the fair value of the company could be worth more than RM900 million or RM9.84 per share," it said.

"Given steep discount to its underlying value, we do not rule out the possibility of privatisation in the future," the research house added

6 days ago

https://www.klsescreener.com/v2/news/view/1299415

6 days ago