HAP SENG PLANTATIONS HOLDINGS

KLSE (MYR): HSPLANT (5138)

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Last Price

1.95

Today's Change

-0.01 (0.51%)

Day's Change

1.95 - 1.99

Trading Volume

166,300

Overview

Market Cap

1,560 Million

NOSH

800 Million

Avg Volume (4 weeks)

235,138

4 Weeks Range

1.95 - 2.10

4 Weeks Price Volatility (%)

0.00%

52 Weeks Range

1.87 - 3.50

52 Weeks Price Volatility (%)

4.91%

Previous Close

1.95

Open

1.98

Bid

1.95 x 65,800

Ask

1.96 x 27,400

Day's Range

1.95 - 1.99

Trading Volume

166,300

Financial Highlight

Latest Quarter | Ann. Date

30-Sep-2022 [#3] | 23-Nov-2022

Next QR | Est. Ann. Date

31-Dec-2022 | 23-Feb-2023

T4Q P/E | EY

5.46 | 18.32%

T4Q DY | Payout %

10.51% | 57.37%

T4Q NAPS | P/NAPS

2.39 | 0.82

T4Q NP Margin | ROE

33.00% | 14.95%

Market Buzz
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 649 comments

Johnzhang

Strong rebound maybe in the making for this high dividend stock . Can expect about 20sen dividend this year .

2022-06-28 16:30

ctooi51

Haha.. No one is looking at this rubbish stock with rubbish operator

2022-06-30 11:41

loneranger

All IB, where are you when we need you the most?

2022-07-01 12:35

ctooi51

One by one abandoned the rubbished ship....

2022-07-01 15:59

loneranger

Pity...all traders and retailers are slaughtered by IB...

2022-07-02 07:35

Raymond Tiruchelvam

calvin.... hos is it that you know exactly when steveccwong will write his comment and then you conveniently follow up next saying good work wong..... and write yours not just here but also elsewhere..... hmmmm

2022-07-02 07:58

calvintaneng

Raymond

My calculation is this

Last two qtr profits for hs plant 11 sen to 12 sen

About 45 sen annualised

At 60% dividend payoit from profit we may expect total 27 sen dividend for year 2022

Since we already received 17 sen profit can we at least expect another 8 to 10 sen dividend this August 2022. That will make a double digit dividend year

2022-07-02 19:15

loneranger

11.79 EPS actually has been paid as final dividend for FY 2021. Normally first dividend paid in August (FY 2022) won't be attractive. However, I hope I am wrong.

2022-07-04 07:34

loneranger

17 cents dividend paid is actually for FY2021. So, please don't mislead...

2022-07-04 07:42

calvintaneng

HS PLANT HAS 100,000 ACRES OF FERTILE PALM OIL IN SABAH

RECORD DIVIDENDS CAN BE EXPECTED

FARM LANDS OR PALM OIL: VIEWS FROM BILL GATES, JEFF BEZOS & WARREN BUFFET, Calvin Tan
https://sgx.i3investor.com/blogs/Jbhouseforsale/2022-07-05-story-h49563415-FARM_LANDS_OR_PALM_OIL_VIEWS_FROM_BILL_GATES_JEFF_BEZOS_WARREN_BUFFET_Cal.jsp

2022-07-06 00:02

loneranger

steveccwong said he collected total 91 cents dividend over the past 10 years. But the share price dropped more than RM 1.00 in less than 1 month. Hahaha.

2022-07-06 21:18

calvintaneng

Hs plant facts

Jan to March 2022 Ffb 136,300 tonnes

April & May Ffb 88,500 tonnes
about 65% and we await June figures now

April to June 2022 Cpo low Rm6000 to high of Rm7400 (average Rm6500)

Highest world record qtr
Since Hs plant more efficient to capture high spot price it's Aug 2022 results expected to be good

another handsome dividend can be expected

2022-07-07 13:48

Keyman188

OMG...What is happening for CPO price !!!...

Foresee CPO will dip below 3000 within next 6 months...


IF CPO dip below 3000 what will happen for all planters ???...

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

2022-07-07 16:06

loneranger

All planters can expect handsome dividend as Calvintaneng mentioned. Haha.

2022-07-08 18:29

calvintaneng

PALM OIL COMPANIES WILL REPORT GOOD & FANTASTIC RESULTS IN AUGUST 2022, And Here a Brief Summary, Calvin Tan

https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2022-07-10-story-h1626075079-PALM_OIL_COMPANIES_WILL_REPORT_GOOD_FANTASTIC_RESULTS_IN_AUGUST_2022_An

EXPECT ANOTHER GOOD DIVIDEND NEXT MONTH

2022-07-10 22:31

calvintaneng

Fcpo rebounded to Rm4,066!

hs plant = happily singing plant

2022-07-19 00:18

Raymond Tiruchelvam

ayoooo where got 4066..... only 3986 or so.... always over doing it

2022-07-19 03:32

calvintaneng

Good news

June export record breaking

top 3 are e&e, petroleum and palm oil

High record sale
high profits
great results
high dividend for hs plant coming

2022-07-20 15:42

loneranger

HSPLANT has some publicity. The blogger mentioning HSPLANT may only be Calvin Tan.

2022-07-24 17:41

calvintaneng

HS PLANT

POTENTIAL HIGH DIVEND AGAIN

CASH IN HAND IS 7.3 SEN

EXPECTED PROFIT 13 SEN TO 15 SEN

DIVIDEND PAYOUT EXPECTED 8 SEN - 12 SEN OR MORE

2022-07-27 16:08

calvintaneng

HS PLANT SELLS SPOT

THIS QTR CPO AT RECORD RM6.552

ANOTHER RECORD DIVIDEND SOON

TOP 10 POWERFUL REASONS WHY PALM OIL BULL RUN WILL RESUME THIS AUGUST 2022, Calvin Tan

https://sgx.i3investor.com/blogs/Jbhouseforsale/2022-07-31-story-h49564404-TOP_10_POWERFUL_REASONS_WHY_PALM_OIL_BULL_RUN_WILL_RESUME_THIS_AUGUST_202.jsp

2022-07-31 18:58

dlau8899

2.45, 2.55, 2.65

2022-08-01 14:59

dlau8899

Target price 2.80

2022-08-04 12:44

dlau8899

Going up

2022-08-05 14:52

dlau8899

High dividend stock with coming good quarter result

2022-08-05 14:54

loneranger

This few days we will know whether Calvin is sifu or Abhigya Anand...

2022-08-21 13:14

i3gambler

My way of evaluating plantation companies,
by comparing EV (enterprise value) of their planted oil palm estates.

My formula may be a bit different from others.
EV = market cap + total liabilities - current assets - other non-related business.

For TSH,
EV = 2214m
Planted oil palm estate = 42,495 ha, 15% in Sabah, 85% in Indonesia.
Therefore, EV / ha = RM52,111 / ha

For HSPLANT,
EV = 1761m
Planted oil palm estate = 35,434 ha, 100% in Sabah,
Therefore, EV / ha = RM49,708 / ha

As I know, the market price for planted oil palm estate in Sabah is around RM80,000.
So HSPLANT is cheap.
But for Indonesia, I do not know the market price / ha.
It is better not to take risk, I think HSPLANT is the better choice.

One more important thing,
HSPLANT has a 60% dividend policy,
I estimate the EPS this year would be 36 sen, or dividend = 60%*36 sen = 21.6 sen.
Meaning after collecting the 21.6 sen dividend, the EV / ha would be even cheaper.

2022-08-21 16:01

calvintaneng

Happy morning all at Hs Plant

This Qtr results include CPO at highest Rm6,552

Hs Plant sells spot best

Another dividend on the way!

2022-08-22 08:49

dutatrop

ngu ngia boh?.. LOL

2022-08-23 09:40

i3gambler

I expect EPS for 2nd Q = 9.6 sen, excluding any one off gain / loss.

2022-08-23 16:18

loneranger

Everybody know dividend is coming. Amount does matter.

2022-08-24 15:28

loneranger

Abhigya Calvin Anand...

2022-08-24 17:09

ctooi51

5sen lah...

2022-08-24 21:47

calvintaneng

Hs Plant

Profit up YoY

Dividend this Qtr 5 sen add up to 20.5 sen for the year

Hs Plant has Rm560 Millions Cash or about 70 sen

A ROCK SOLID COMPANY BETTER THAN BANK FD

JUST PARK MONEY HERE FOR HANDSOME DIVIDEND

2022-08-24 21:51

i3gambler

With good profit, the balance sheet improve further,
Therefore, EV / planted ha reduce further to = RM46,213 / planted ha.

Calculate the other way round, suppose the planted estate worth RM80,000 / planted ha,
Then the fair price of HSPLANT = RM3.75,
Fair price / market price = 3.75 / 2.23 = 168%.

2022-08-25 08:34

loneranger

Share market does not have ''fair value'', "intrinsic value"...such things.

2022-08-25 09:29

i3gambler

It is just how you call it.
Investment banks do provide price targets.

2022-08-25 11:18

calvintaneng

there are two values

value set by Mr Market

Value set by real valuers

only way to determine real value is how much it's intrinsic value is

assets plus it's total business enterprize value

just like Klk willing to pay Rm3.10 to take over Ijmplant when it was Rm2.20

2022-08-25 14:36

Johnzhang

As at 25/8/22, CPO fob Malaysia was usd1,069/mt. SBO ex Rotterdam was usd1,655/mt. CPO is cheaper ridiculously by usd586/mt !
When CPO stock pressure ease in Indonesia soon , the price gap should narrow to usd200/mt with CPO price potentially increase by usd386/mt or RM1,700/mt. This shall bring CPO back to around RM6,000/mt.
SBO price has little chance to go down with weather havoc in Europe, China and U.S.

2022-08-27 09:40

Johnzhang

Chicago soybean futures rose past $16 per bushel in late August, the highest in over two months, amid concerns of poor growing conditions in the US and higher import demand from major consumer China. Heatwaves in the American Midwest hampered the supply outlook on the current crop, as weather forecasts still do not favor clear indications of rain for the coming days. In the meantime, record-setting heatwaves for multiple Chinese regions damaged the incoming crop, driving grain traders to enter international soybean markets.

2022-08-27 09:41

Johnzhang

EPS 2Q. 8.37sen
EPS 1H. 21.08sen
Forecast FY22. 35sen
Base on dividend policy of 60% payout , total dividend FY 2022 shall be 21sen. DY = 9.2%!!
Prospect PE is only 6.5x.

2022-08-27 09:49

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 !

2 months ago

loneranger

Hahaha, still want to wait for next dividend?

2 months ago

ctooi51

Lau Sai Kor..

2 months ago

NatsukoMishima

Glove 2.0 coming , run right now , cut loss to protect capital , dont repeat the same mistake by glove tards , u will be trap by many years !

2 months ago

Abidjan

METMalaysia forecast heavy rains & thunderstorms in West Malaysia states. Plantations in west Malaysia affected but plantations elsewhere OK.

2 months ago

StartOfTheBull

Flood pushes CPO price up. Don't play play.

1 month ago

loneranger

Calvin is missing in action...hahaha.

1 week ago

PureInvest

The not so good performance of Hsplant is temporary, but it has more than RM498M in bank with no borrowings.
Nothing is lost, keep investing when the share price is low.

6 days ago

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