BATU KAWAN BHD
KLSE (MYR): BKAWAN (1899)
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Last Price
22.80
Today's Change
-0.06 (0.26%)
Day's Change
22.80 - 22.80
Trading Volume
200
Overview
Market Cap
9,109 Million
NOSH
444 Million
Avg Volume (4 weeks)
11,335
4 Weeks Range
22.54 - 27.36
4 Weeks Price Volatility (%)
5.39%
52 Weeks Range
18.50 - 29.20
52 Weeks Price Volatility (%)
40.19%
Previous Close
22.80
Open
22.80
Bid
22.78 x 100
Ask
22.80 x 900
Day's Range
22.80 - 22.80
Trading Volume
200
Financial Highlight
Latest Quarter | Ann. Date
31-Mar-2022 [#2] | 24-May-2022
Next QR | Est. Ann. Date
30-Jun-2022 | 18-Aug-2022
T4Q P/E | EY
7.54 | 13.26%
T4Q DY | Payout %
0.78% | 5.88%
T4Q NAPS | P/NAPS
16.06 | 1.42
T4Q NP Margin | ROE
11.65% | 18.83%
Market Buzz
News and Blogs
Company Profile
Sector: PLANTATION
Sector: PLANTATION
Subsector: PLANTATION
Subsector: PLANTATION
Description:
Batu Kawan Bhd is a holding company, which through its subsidiaries, harvests palm trees and manufactures and sells rubber and chemical products. The firm organizes itself into three primary segments based on function. The plantations segment, which generates most of Batu Kawan?s revenue, cultivates and processes palm trees and processes the palm trees into both fresh fruit bunches and rubber products. The manufacturing segment sells a variety of chemical-based products including oleochemicals, industrial amides, rubber gloves, and esters. The property development segment engages in the development of commercial and residential property.
Discussions
2 people like this. Showing 50 of 453 comments
No liquidity but pays good dividends. I like the regular share buybacks. Recently did 2 major takeovers at excessively generous (high) prices - maybe because flushed with cash or perhaps for some other reasons that cannot be mentioned here.
I worry about China muscling in. Could this meteoric rise be akin to a supernova which explodes and then collapse? The jury is still out at this juncture.
2022-03-29 17:10
Thanks Sheldon. I am only aware of the CCM takeover. What was the other? Fully agree with what you said. In addition, love its deep value, well managed, good corp governance, great prospects and the possibility of an impending bonus and/or rights issue. Cheers bro.
2022-03-30 08:33
technically not BKAWAN but the other takeover Sheldon is referring to is probably the KLK takeover of IJMPLT.
2022-03-30 09:08
Oic. But on hindsight and with the recent rise in palm oil price, thought the IJMPLT was a great buy at a good price.
2022-03-30 09:26
i think even the most optimistic of palm oil guys didn't expect fwd price to hit RM8k this year la. so with the benefit of hindsight, the KLK guys look like geniuses la. At the point of buying everyone thought they were too generous
2022-03-30 09:31
my view of this is that ultimately the BKAWAN and KLK family take a very long term value look at acquisitions and don't mind paying a (perceived) premium to close the deal quick.
2022-03-30 09:32
Thanks and you are right vc. KLK being the taikor wants or need to do "national service" at times :)
2022-03-30 09:45
Phewitt!! If ever there's an example of the term "my ship has arrived" - this is it!!!
2 months ago
Good for you mate. So worried I may be late for the party. Now I'm gonna stay till the fat lady sings :)
2 months ago
I guess almost 80% of retail trader had missed this gem. People are busy from glove --> Tech --> Commodity -->Banks but miss this counter. I miss it.
2 months ago
Most know the price of everything but the value of nothing. The high absolute price level has mislead many thinking that it's overvalued not knowing it has deep value instead. It's a totally different animal now. Need to do some homework. Keep this counter for posterity. If there is a company that has everything.......good major shareholders, corp governance, prospects, dividends, financials, well managed, possible bonus issue, this is it :)
2 months ago
I've been buying & selling this counter for sometime. More buying so a net gradual accumulation. My earliest recorded trade was a buy @ 8.2 & a sell @ 9.52 - gives you a rough idea as to the timeframe (all after Christ btw).
This Co was making quite a profit every quarter but paying modest dividends. Imagine someone with a healthy appetite, eating away but hardly going to toilet ie constipated. Eventually he's going to grow big albeit sideways! haha.
There was a time it hovered between 17-20 & I was puzzled as to why no one was paying any attention despite a suppressed price.
Then with covid, the price went further south. I used up my ammo to pick up some more bargains.
It still looks somewhat undervalued in my opinion - thanks to lack of trading liquidity. I'm no guru btw.
2 months ago
You are in my books. As smart as Sheldon Cooper :) You probably don't need to work anymore. Just auto cruise in your Benz or Beemer. Somehow I think I have known you in another life......during my Canone and Kian Joo days. Really wasted my time on those rip off con job counters. Cheers bro.
2 months ago
You probably do - I'm an ex-KJ & existing Canone shh.
Despite my comments, I think no one can arrogantly fire & forget or rest on one's laurels. Think Kodak & Nokia. How long can the Batu Kawan party last?
2 months ago
Bk is the most dynamic plantation base CO.....able to grow both organically and acquisition loh!
Very proven savvy management mah!
2 months ago
Diversifying upstream some more. Now it is a legit full fledged chemical company in the likes of PChem :)
2 months ago
So the steep fall in commodity prices is affecting the share price. Despite that the management would have hopefully locked-in future prices at much higher levels. The results for at least 2 quarters should be nothing less than awesome.
What the management could do to get the attention of the investors and prop up the share price is to declare an equally awesome dividend.
1 month ago
Or a bonus issue. I don't mind a big rights issue also. Love giving money to well managed companies.
1 month ago
What is your logic or basis dick? When the BK is buying RM 27+. Maybe RM 6.67 will be after fat bonus [ 5x ] dividens and shares, then sure
1 month ago
Things are looking good. CPO Futures prices are through the roof today 24 May. Results are in line with expectation. If you consider the latest EPS of 80.3 & extrapolate to a year = 3.21. This is the highest annual (projected) EPS BK had ever registered. Perhaps they could've declared a much higher dividend than 20 sen.
1 month ago
Market disappointed with 20 sens dividend.Share price dropped 36 sens at mid day close.
1 month ago
Despite the tiny dividend, the Co in all fairness has made up with this massive 100k share buyback.
1 month ago
That was not a share buyback. More like a pre arranged DBT done at only one price.
1 month ago
What's DBT?
lionel messi
That was not a share buyback. More like a pre arranged DBT done at only one price.
1 month ago
Direct business transaction. Pre arranged trade between buyer and seller usually done off mkt via DBT. aka block trade. But for thinly traded counter like this where the spread is wide, can also be done on mkt.
1 month ago
Lol...
Take profit when high buy bak later when low..
Never be attacked to a stock..
But dont worry it will go up.again soon..
1 week ago
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lionel messi
Hopefully I'm not too late to the party. Sigh.
2022-03-28 17:07