SARAWAK PLANTATION BHD

KLSE (MYR): SWKPLNT (5135)

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Last Price

2.20

Today's Change

0.00 (0.00%)

Day's Change

2.19 - 2.23

Trading Volume

36,400

Details of Changes
Securities After Change
Transactions
Ann. Date Name Details of Changes Securities After Changes
Date Type No. of Shares Price Direct (%) Indirect (%) Total (%)
Discussions
4 people like this. Showing 50 of 1,048 comments

8888_

CPO still up so 20 sen dividend can maintain if not add more.

2022-04-29 12:23

Jonathan Keung

SWK, HSP, BPlant, THP & SOP my prefer stockpicks

2022-05-05 09:38

stockraider

Go for it!

Div will be more than 20 sen going fwd

2022-05-05 09:45

Jonathan Keung

Coming qtr result & dividend announcement in May

2022-05-05 14:10

Kensington

The Co's 1Q's EPS of 15.52 sen/share is a record profit as compared to the recent past quarters. I hope the stock would be rerated next week to commensurate with its commendable earnings.

2 months ago

sethoylo

good result! best dividen

2 months ago

yingkang87

Hope the price will back to Rm3.35!!!

2 months ago

stockraider

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!

2 months ago

stockraider

Swkplant fair price is Rm 4.00 to Rm 5.00 mah!

2 months ago

8888_

Sarawak Plantation Berhad - Expecting a Strong Catch-up
Date:
2022-05-23
Firm:
PUBLIC BANK
Stock:
SWKPLNT
Price Target:
3.59
Price Call:
BUY
Last Price:
2.75
Upside/Downside:
+0.84 (30.55%)
Sarawak Plantation saw its 1QFY22 core earnings doubling to RM26.1m, bolstered by stronger CPO prices despite weaker FFB production. Despite the strong results, it made up only 18% of our full-year expectation but in line with market expectation at 27%. The weaker-than-expected results were mainly attributed to a shortfall in FFB production. Nevertheless, we make no changes to our numbers as we expect to see a strong catch-up in the subsequent quarters, led by a strong pick-up in FFB production and higher CPO prices. A first interim dividend of 5sen was declared for the quarter. Maintain our Outperform call with an unchanged TP of RM3.59 based on 13x FY23 EPS.

1QFY22 revenue (QoQ: -24.5%, YoY: +26.4%). Lifted by stronger CPO prices, the Group’s plantation sales rose 26.4% YoY to RM184m. During the quarter, FFB production slipped 10% YoY to 62,061mt. Meanwhile, 1QFY22 average realised CPO price rallied from RM3,819/mt to RM5,938/mt, while average realized palm kernel price advanced from RM2,375/mt to RM4,375/mt. First quarter FFB yield slipped from 3.31mt/ha to 3.12mt/ha while oil extraction rate rose from 19.38% to 19.93%.
1QFY22 core earnings jumped to RM26m (QoQ: -41%, YoY: +123%). Excluding the change in fair value of biological assets amounting to RM17.6m, the Group’s core earnings surged 123% YoY to RM26.1m, bolstered by stronger plantation margin. 1QFY22 all-in CPO production cost averaged at RM3,200/mt vs 1QFY21’s RM2,200/mt, dragged by lower CPO production, higher fertilizer cost and higher amortization coming from the enhancement area starting this year.
Outlook guidance. Although 1QFY22 production came in below expectations, management maintains its FFB production growth of 10%. The weaker-than-expected production level was due to i), favourable weather condition, ii) worker shortage and iii) bio-stress in oil palm trees. On the positive side, production has been picking up since March. Harvesting period has been around 1.8 rounds per month or once in every 14 days. During the quarter, enhancement area totaled 1,028ha with only 57ha normalizing. 100ha were replanted and it is planning to replant about 1,500ha in FY22. New mature is expected to increase by 1,500ha with total harvestable area standing at 20k ha. Meanwhile, management expects to see an increase in production cost as fertilizer cost has jumped more than 70% YoY. There was no forward sales for CPO as there is a wide gap between the spot and available forward prices in the market. On the foreign worker shortage issue, the Group is currently experiencing harvester shortage of up to 150 people and it is in the process of submitting application for recruitments from Indonesia. It is worth noting that the hiring is subject to quota by reference to estate hectarage. Meanwhile, fertiliser application was behind schedule as it only completed 50% of the 1Q programme. Lastly, our sensitivity analysis suggests that a RM100/mt increase in CPO price would translate into an additional PBT of RM8m.
Source: PublicInvest Research - 23 May 2022

2 months ago

Healthy

what happen ???sales good but price everyday drop??any insider news??

2 months ago

gladiator

Drag down by Taann la.. Taann below expectation profit drag SOP & Swkplnt down with it lucky SOP rebound.

2 months ago

stockraider

Accumulation time mah!

2 months ago

8888_

DY 7.55% while net cash 29 sen, so easily can pay 20 sen dividend FY 2022.

2 months ago

GLNT

FY2021 is already 20sen. FY2022 might go to 30 sen dividend.

2 months ago

sethoylo

Sure just keep it as fd. forget its share price

2 months ago

lionel messi

This counter is a takeover target for privatisation. Too undervalued.

2 months ago

chillibumbum

cheap now. urusharta jemaah sold down to 5% from 18% a few months ago. sold around 36m shares on this stock that has 400k+ average turnover. probably accounts for more than 50% of turnover over the last 6-8 months

2 months ago

chillibumbum

price has been majorly capped / depressed

2 months ago

lionel messi

So small cap and cheap, taikor like KLK can just swallow it in one gulp. Even at RM5, not a problem with palm oil price high for the next 2 years at least.

2 months ago

stockraider

Yes potential takeover loh!

Do possibility candidates;

1. Taann
2. KLK
3. IOI

2 months ago

Jonathan Keung

Datuk Wong (Ta Ann ) is in the driving seat for SWK

2 months ago

stockraider

Ya but hold about 30% only mah!

Still potential for other co to buy over mah!

Posted by Jonathan Keung > 4 minutes ago | Report Abuse

Datuk Wong (Ta Ann ) is in the driving seat for SWK

2 months ago

stockraider

Long run can never get it wrong....when u invest inflation protection of food production & plantation land which has only a finite limited supply mah!

Lu tau boh ?
Alot of olang kaya....protectt themselves this way mah!
Thats why u call them LANDLORD MAH!

2 months ago

stockraider

Very True loh!
General Raider use to be poor loh!
I was a despatched boy just earning Rm 180 per mth loh!

Thru hardword & abit of intelligent to capitalize on opportunity thru business and invest my savings diligently & prudently....Raider manage accumulate a good amount of wealth sufficiently thru investment and today if raider retire....should be able retire comfortably loh!

Yes no one should be poor loh!

If they are hardworking & look out for opportunity & manage their savings prudently loh!

Posted by chowwei > 1 day ago | Report Abuse

If You Born Poor
It's Not Your Mistake,
But If You Die Poor
It's Your Mistake,
---> Bill Gates <---

2 months ago

Jonathan Keung

dropped after the 5 sen XD dividend date

2 months ago

treasurehunt

Share price so fast back to square one.

1 month ago

lionel messi

So good for those haven't bought or those who wants to buy more.

1 month ago

treasurehunt

Market is really efficient now. Cycle is indefinable.

1 month ago

Healthy

what happen drop like no tomorow..

1 month ago

Keyman188

OMG...what is happening now !!!...

Keyman188 still maintaining to see KLCI @ 13xx for this year (2022)...

Very high possibility will drop below RM 1.90 soon...

wkwkwk...kekeke...hehehe...

1 month ago

vision912

good price to buy here I feel

1 month ago

treasurehunt

It seems the price has dropped back to the value for money level and going through consolidation.

1 month ago

plantationgameover

most useless plantation stock. run for your life

1 month ago

lionel messi

This is cheap..Taann bought at RM2 few years ago.

1 month ago

Hush77

current price RM 2 is reasonable.. i think due to urusharta or someone pressing price down but it should be the last leg.
even taan bought 30%, few years ago at RM 2..

1 month ago

treasurehunt

All the way sliding down to 2.02 without any brakes. Buy plantation to hedge inflation? May be this logic doesn't make sense while surrounding with the bad sentiments.

1 month ago

steveccwong

Swkplant has become another good dividend paying share to hold for your retirement and now with its share price of RM2.00 (from high of RM3.38), I don't want to ask why & why especially when Average CPO Price is moving between RM4.0K/ton to RM6.0K/ton.

1 month ago

lionel messi

Agree Steve. Warren Buffett says stock market is the only place where people run out when there's a sale! Completely irrational. Most don't have the mentality and aptitude for investing.

1 month ago

lionel messi

Somebody is quietly collecting. Something brewing? A GO?

1 month ago

calvintaneng

PALM OIL JEWELS: TAANN (5012) & SWKPLANT (5135) VERY HIGH PROFITS ENSURE HIGH DIVIDENDS, Calvin Tan
https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/...

3 weeks ago

calvintaneng

Swkplant latest 2nd qtr ffb has exceeded 1st qtr by 26.9%

Plus april to june cpo prices were at world record

That means Aug 2022 results will be at world record as well

2 weeks ago

calvintaneng

TOP REASONS WHY PALM OIL STOCKS SHOULD DO WELL AND REBOUND FROM CURRENT WEAKNESS, Calvin Tan
https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/...

2 weeks ago

calvintaneng

COLD EYE IN TOP 30 OF SWKPLANT

TSH RESOURCES (9059) & TAANN (5012) TWO PALM OIL STOCKS (KLSE) CHOSEN BT MORGAN STANLEY IN MSCI, Calvin Tan

https://sgx.i3investor.com/blogs/Jbhouseforsale/2022-07-26-story-h4956...

1 week ago

lionel messi

IPO price was RM3 back in 2007. Making money with dividend every year with record profit this year. Of course we hope to buy it cheaper but at current price is already a steal. Stock market is really heaven for savvy and deep pocket investors. All they have to do is buy good undervalued shares, collect dividends and wait. Let good people manage the company for them. Just like Warren Buffett. Piece of cake.

1 week ago

dlau8899

2.35, 2.45 , 2.55

6 days ago

dlau8899

Target price 2.70

3 days ago

dlau8899

Going up, may have high dividend and coming good quarter result

2 days ago

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