HAP SENG PLANTATIONS HOLDINGS
KLSE (MYR): HSPLANT (5138)
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Last Price
1.79
Today's Change
0.00 (0.00%)
Day's Change
1.78 - 1.80
Trading Volume
120,600
Overview
Market Cap
1,432 Million
NOSH
800 Million
Avg Volume (4 weeks)
197,815
4 Weeks Range
1.78 - 1.86
4 Weeks Price Volatility (%)
12.50%
52 Weeks Range
1.68 - 2.16
52 Weeks Price Volatility (%)
22.92%
Previous Close
1.79
Open
1.79
Bid
1.79 x 36,400
Ask
1.80 x 26,900
Day's Range
1.78 - 1.80
Trading Volume
120,600
Financial Highlight
Latest Quarter | Ann. Date
30-Sep-2023 [#3] | 20-Nov-2023
Next QR | Est. Ann. Date
31-Dec-2023 | 22-Feb-2024
T4Q P/E | EY
15.99 | 6.25%
T4Q DY | Payout %
4.75% | 75.90%
T4Q NAPS | P/NAPS
2.42 | 0.74
T4Q NP Margin | ROE
14.06% | 4.63%
Market Buzz
News and Blogs
Company Profile
Sector: PLANTATION
Sector: PLANTATION
Subsector: PLANTATION
Subsector: PLANTATION
Description:
Hap Seng Plantations Holdings Bhd is a Malaysia based palm oil plantation company. It is engaged in the planting and milling operations. The company operates in the palm oil industry where it grows oil palms in its estates, harvests and processes fresh fruit bunches into crude palm oil in its own mills and then sells it. It produces palm oil in Sabah with a total area of approximately 40,279 hectares located entirely in Sabah, Malaysia. The company operates four mills namely, Jeroco 1 palm oil mill, Jeroco 2 palm oil mill, Bukit Mas palm oil mill, and Tomanggong palm oil mill. The group has operations in Singapore and Malaysia of which key revenue is generated from Malaysia. Majority of the group sales were local delivered sales to refiners within Malaysia.
Discussions
6 people like this. Showing 50 of 756 comments
PALM OIL COMPANIES VERSUS IB BANKS/MEDIA ON PALM OIL: POSITIVE OR NEUTRAL: WHO ARE CORRECT, Calvin Tan
https://sgx.i3investor.com/blogs/Jbhouseforsale/2023-06-13-story-h49595126-PALM_OIL_COMPANIES_VERSUS_IB_BANKS_MEDIA_ON_PALM_OIL_POSITIVE_OR_NEUTRAL_.jsp
0 seconds ago
2023-06-13 22:54
HS PLANT FLUSHED WITH CASH LIKE THIS https://www.youtube.com/watch?v=o3E4s59OSLQ
2023-06-14 01:59
Calvin, please ask the management be generous in coming dividend payout.
2023-06-15 20:48
yes, I think with hap seng mother in financial trouble they might use hs plant to give more dividends
this was what boustead did with bplant
hs plant accounts even better as it has zero debt and about half billion cash in hand
2023-07-06 14:11
So far Calvin sees Palm Oil got these
1. Real Solid Earnings due to Cpo price above Rm3800 (Cost of production Rm1900) and 100% gross profit
2. Very Good Dividends which beat Bank dividends
3. El Nino weather will keep all grain & palm oil prices elevated for few more years
SO THE VERDICT
KEEP HOLDING PALM OIL SHARES BEST
2023-07-14 10:36
BPLANT (5254) A STARTLING REVELATION BY TOK MAT ( There are assets such as those of ‘planting trees on a gold mine’) Calvin Tan
https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2023-07-15-story-h-245619594-BPLANT_5254_A_STARTLING_REVELATION_BY_TOK_MAT_There_are_assets_such_as_
2023-07-15 23:14
2nd Quarter FFB results out! And they are better than 1st Quarter. Will Palm oil cos increase dividend payouts? Calvin Tan
https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2023-07-19-story-h-245505452-2nd_Quarter_FFB_results_out_And_they_are_better_than_1st_Quarter_Will_P
2023-07-19 19:37
Cash rich HSplant is a likely privatization candidate by the Holding company. Cash pile will continue to increase amid bullish CPO outlook returning. TP $3.50
2023-07-20 12:54
Agree but don't think it will be now or anytime soon. The mother Hap Seng is not doing too well currently
2023-07-20 13:04
yes Hap Seng con is short of money. selling Assets at this moment to reduce debt..
2023-07-20 13:07
Hap Seng may buyout (privatized) Hsplant once they done with their asset disposals
2023-07-20 13:17
trace past announcement, you will find out they bought some hsplant shares for Abt rm2.30 if I remember correctly
2023-07-20 14:49
Privatizing HSpltn thru capital reduction will not burden Hapseng consolidated at all . The cash to pay out to minorities are internally funded.
2023-07-20 19:13
HSpltn is sitting on about $500 mil cash , zero bank borrowing as at 31.12.2022.
Without major capex , Cash pile will grow in this year too.
2023-07-20 19:37
WHEN PALM OIL ESTATES TURN INTO INDUSTRIES & TOWHSHIPS: THE HIGHEST VALUE IS ACHIEVED, Calvin Tan
https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2023-07-26-story-h-244697165-WHEN_PALM_OIL_ESTATES_TURN_INTO_INDUSTRIES_TOWHSHIPS_THE_HIGHEST_VALUE_
2023-07-26 01:57
HS PLANT (5138) Palm OIl Jewel. Debt Free. Cash Rich. Good dividends. A Stock with Great Margin of Safety, Calvin Tan
https://klse.i3investor.com/web/cube/blog/blpostdet/www.eaglevisioninvest.com/8639182
2023-07-29 01:21
Palm oil demand boosted as rival oil prices jump on supply woes
Vegoils
MUMBAI (Aug 10): Demand for palm oil has been increasing as its discount to soyoil and sunoil has grown, driven by the recent price rise in rival oils due to production concerns in the US and supply disruptions from the Black Sea region, industry officials said.
This surge in demand is expected to assist Indonesia and Malaysia in bringing down their palm oil inventories, simultaneously bolstering Malaysian palm oil futures.
"Aggressive pricing has been aiding palm oil as buyers are shifting toward palm oil from other oils for near-month shipments," said Sanjeev Asthana, chief executive officer at Patanjali Foods Ltd, India's top palm oil buyer.
India, the world's biggest buyer of edible oils, imported 1.09 million metric tonnes of palm oil in July, nearly 60% more than June and the highest in seven months.
India's imports would remain robust during August and September as well, Asthana said.
Crude palm oil is offered at US$910 (RM4,162) a tonne including cost, insurance and freight (CIF) to India for September shipments, compared with US$1,050 for crude soyoil and US$1,010 for crude sunflower oil, dealers said.
Soyoil prices jumped in the last one month on production concerns in the US and lower supplies from top exporting Argentina, while sunflower oil became expensive after Russia withdrew from the Black Sea grains deal, said a New Delhi based dealer with a global trade house.
The Black Sea region accounts for 60% of world sunflower oil output and 76% of exports.
"Palm oil prices didn't rise; instead, they came down due to rising stocks in the producing countries and become even more cheaper for buyers," the dealer said.
Price-sensitive Asian buyers traditionally rely on palm oil because of low costs and quick shipping times.
Along with India, China, Bangladesh and Pakistan have also been raising palm oil purchases for August and September shipments, said a Mumbai-based trader.
China's July vegetable oil imports, which mainly consist palm oil, jumped 48% from a year ago to 778,000 tonnes.
Palm oil's discount to rival oils is likely to come down gradually as rising exports would bring down the inventories in both Malaysia and Indonesia, the trader said.
Malaysia's palm oil exports rose 15.55% to 1.35 million tonnes in July, according to the Malaysian Palm Oil Board. In the first ten days of August, exports of Malaysian palm oil products rose 17.5% to 383,795 tonnes, AmSpec Agri Malaysia said on Thursday (Aug 10).
Read also:
Malaysia's end-July palm oil stocks at five-month high
2023-08-10 18:09
HS PLANT
H = HAND
S = SOME
DIVIDEND
TSH RESOURCES (9509) POSITIVE DEVELOPMENTS BY PRO-ACTIVE MANAGEMENT POINT TO A BRIGHTER FUTURE, Calvin Tan
https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2023-08-10-story-h-242937383-TSH_RESOURCES_9509_POSITIVE_DEVELOPMENTS_BY_PRO_ACTIVE_MANAGEMENT_POINT
2023-08-10 22:27
丰隆投行分析员预计，他所追踪的6家种植公司今年次季业绩按季比较会好坏参半，这是因为业者棕果串产量按季起落不一，以及原棕油价格走跌。
他进一步说明，虽然次季通常是棕果串生产旺季，但6家种植公司中便有3家棕果串产量按季走跌，即FGV控股（FGV，5222，主板种植股）、合成种植（HSPLANT，5138，主板种植股）和吉隆甲洞（KLK，2445，主板种植股）。
2023-08-17 20:49
I am not greedy, I just hope that Hsplant gives handsome dividend this time...
2023-08-17 20:51
Promoters always said Hsplant is a good company and cash rich, but the share price drops far below NTA. If the dividend is not attractive, what is the point of investing.
2023-08-19 07:35
Hs plant is debt free
with Rm485 millions in cash or 60.25 sen
should have given a better dividend
2023-08-27 18:11
CALL THEM AND ASK
ASK AND THEY WILL GIVE
JAYA TIASA (4383) WHY FONG SILING AKA COLD EYE & DR. NEOH SOON KEAN OF DYNAQUEST ARE BOTH BUYING JAYA TIASA, Calvin Tan
https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2023-08-30-story-h-241060767-JAYA_TIASA_4383_WHY_FONG_SILING_AKA_COLD_EYE_DR_NEOH_SOON_KEAN_OF_DYNAQ
2023-08-31 01:59
Mui , another Rm10 valuation by your ownself....now 6cents? What's a joke?
2023-09-04 12:21
Kenanga once gave the target price 2.30. Now revise the target price to 1.80 silently. All these IB simply give target price using their gut feeling, where are the professionalism and credibility. Haha.
2 months ago
CASH RICH HS PLANT IS ANOTHER CANDIDATE FOR PRIVATISATION
calvintaneng
THE 7 PHASES OF A SUCCESSFUL PALM OIL COMPANY, Calvin Tan
https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2023-09-26-story-h-218987595-THE_7_PHASES_OF_A_SUCCESSFUL_PALM_OIL_COMPANY_Calvin_Tan
Most probaly Bplant now at Stage Seven (no longer cheap)
Jaya Tiasa at Stage Four Going Into Stage Five offers better value
TSH going out from Stage Three to Stage Four offers the Best Value
2 months ago
U.S. stocks are falling on interest rate and government shutdown fears
Stock Markets
Investing.com -- U.S. stocks were falling early Tuesday, adding to losses for the month as investors worried about interest rates...
2 months ago
HS PLANT OWNS ITS LAND OUTRIGHT
ZERO DEBT
CASH RM495 MILLIONS OR 62 SEN A SHARE
GO REQUEST A BETTER DIVIDEND
THE HIGHLY DEFENSIVE NATURE OF PALM OIL CO VERSUS OTHERS: Eg. NPC RESOURCES VERSUS KNM, Calvin Tan
https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2023-10-11-story-h-217915830-THE_HIGHLY_DEFENSIVE_NATURE_OF_PALM_OIL_CO_VERSUS_OTHERS_Eg_NPC_RESOURC
1 month ago
Nothing is eternity.
Cash rich debt free but stingy.
Small investors better beg...
1 month ago
AT LONG LAST: LTAT OFFICIAL ACCEPTANCE FORM TO TAKE BPLANT PRIVATE IS OUT, What should you do next? Calvin Tan
https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2023-11-18-story-h-214372654-AT_LONG_LAST_LTAT_OFFICIAL_ACCEPTANCE_FORM_TO_TAKE_BPLANT_PRIVATE_IS_OU
2 weeks ago
Yes see Pm Corp
Calvin still holding some
https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2023-09-20-story-h-239183963-10_ANNIVERSARY_IN_i3_INVESTOR_FORUM_LOOKING_AT_PM_CORP_PERFORMACE_Calvi
2 weeks ago
Whoever is reading my comment right now, we all are unknown to each other, still I pray to God that any tension going on in your life.
2 weeks ago
HS PLANT latest result
Profit 4.73 sen
60% payout from profit will be 2.83 sen
Since Hs Plant got net cash of 60 sen (just take out 5 sen for dividend)
If BOD wants to Hs Plant can easily give another 7.83 sen dividend
1 week ago
profit not from operations but from accounting : https://theedgemalaysia.com/node/690639
1 week ago
The profit is mainly due to fair value adjustments gains of biological assets. I hope Calvin can take action instead of using mouth only to ask Hsplant management to pay more dividend.
1 week ago
Aminvest target price RM 2.30. Kenanga target price RM 1.70. All these investment banks are fooling investors. Haha.
1 week ago
From a ROE perspective, the return of Hap Seng is in between that of KLK and BPant. It is better than BPlant but not as good as KLK. These are my 2 reference Bursa Plantation companies where I have detailed fundamental analysis. https://www.youtube.com/watch?v=9KhboTCMdEg
The comparative ROE trend and share price trend shows a good link. Prices are currently low relative to the ROE. If you are hunting for stocks with price-fundamental discrepancy to invest in, this is one company worth a deeper look. https://i.postimg.cc/CKnbFHHm/Hap-Seng-Plantation.png
1 week ago
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
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Blog: CALVIN TAN ON MALAYSIA 2ND HALF 2023: WHERE TO PUT YOUR MONEY IN LIGHT OF RECESSIONARY TIMES, Calvin Tan
https://klse.i3investor.com/web/forum/forum-thread/608590187
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