KIM LOONG RESOURCES BHD
KLSE (MYR): KMLOONG (5027)
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Last Price
1.83
Today's Change
0.00 (0.00%)
Day's Change
1.83 - 1.84
Trading Volume
33,400
Meeting
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Discussions
1 person likes this. Showing 50 of 445 comments
Catalyst will be the very strong coming qtrly result wilth balloning cash pile build up due to Good Cpo price mah!
Posted by value_seeker > Nov 21, 2021 11:38 AM | Report Abuse
We need catalyst. The tide that raise all the boats will be big push
2021-11-21 11:41
CPO avg Q4 21 is $5,154 which is 17% higher than last Q..
KMLOONG's Jan-Sept 21 EPS is 11.22 sen
Est EPS Q4 21 is 5 sen
FY21 EPS shall be 16.2 sen.
Share price @ 4/1/22 $1.69
PE is( 169/16.2) = 10.4X
% return on share price is (16.2/169 )=9.6%
If dividend payout is 100% same as last year, DY is 9.6%
2022-01-05 07:06
the debt level is low, once the interest rate hike, this one will benefits the most because the finance cost is minimum
other highly on debt will need to fork out more cost to serve the rising interest rate
let it sleep.
2022-02-23 16:14
KMloong will pay out all earnings as cash dividend. Can expect record high dividend for 2022.
2022-02-23 17:09
the funds will take turn to play big cap, mid cap & small cap. After the small cap become too expensive relatively, they will move to the mid cap, after that big cap, after that repeat again.
2022-02-28 10:48
What is happening? Why are they selling down a profitable and high dividend stock?
2022-03-17 14:49
Quarterly report will out end of this month and dividend will be announce after that
2022-03-17 18:08
result so good with increase div but price not moving up. definitely need another bullish FCPO.
2022-03-29 19:39
imo without big news like CPO price going over 8000rm again, difficult for palm stocks to have significant increase
2022-03-30 11:21
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
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
This medium size plantation co is in the league of plantation big caps base on performance mah!
2022-05-03 11:38
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
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
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
This company is an absolute cash cow.
When will IOICorp acquire this Kimloong instead of the garbage TSH Resources
2023-03-29 20:34
Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$â¬Â£Â¥
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
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
This company can be worth more than RM3 billion in the next 3 years
2023-04-16 01:00
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
Next quarterly EPS will be 2.5sen, I guess. Palm oil is also weakening back past few days.
2 months ago
Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$â¬Â£Â¥
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.”
2 months ago
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
1 month ago
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value_seeker
We need catalyst. The tide that raise all the boats will be big push
2021-11-21 11:38