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TH Plant is the best buy - Koon Yew Yin

Koon Yew Yin
Publish date: Tue, 03 Dec 2024, 07:07 PM
Koon Yew Yin
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An official blog in i3investor to publish sharing by Mr. Koon Yew Yin.

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Koon Yew Yin, 3rd Dec 2024

Indonesia is the largest palm oil producer in the world. Indonesia plans to implement biodiesel with a mandatory 40% blend of palm oil-based fuel from Jan. 1 next year, a senior energy ministry official said recently, lifting prices of the vegetable oil to a more than two-week high.

Indonesia currently uses B35, which has a 35% blend of palm oil-based biodiesel, and the government had previously said it would increase the blend to 40% next year.

When implemented, the B40 mandate could increase biodiesel consumption to up to 16 million kiloliters (MMkl) next year from a forecast of 13 MMkl this year, the energy ministry has estimated.

B40 will boost Indonesia's palm oil use for biodiesel to 13.9 million metric tons (MMt), from the estimated 11 MMt needed this year with B35, Indonesia's biofuel producers association APROBI had previously estimated.

As a result, the crude palm oil (CPO) price is rising rapidly, as shown by the CPO price chart below:

All plantation companies will continue to report increasing profit. Based on Market Capitalisation per hectare, TH Plantation is the cheapest as shown below.

Name
Price
Market Cap
Planted Area
Market Cap/H
Rank
TH Plant
73.5 sen
Rm 645 M
60,000 Hectare
Rm 10,750
1
MHC Plant
Rm 1.03
Rm 204 M
11,200 H
Rm 18,211
2
Jaya Tiasa
Rm 1.40
Rm 1,363 M
69,000 Hectare
Rm 19,600
3
Sarawak Plant
Rm 2.56
Rm 717 M
35,400 H
Rm 22,254
4
Genting Plant
Rm 5.76
Rm 5,169 M
138,000 H
Rm 37,450
5
Sarawak Oil Plant
Rm 3.46
Rm 3,090 M
82,000 H
Rm 37,680
6
Hup Seng Plant
Rm 2.11
Rm 1,688 M
34,800 H
Rm 48,505
7
United Plant
Rm 31.10
Rm 13,071 M
63,000 H
Rm 207,000
8
THPLANT (5112)
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Discussions
1 person likes this. Showing 15 of 15 comments

speakup

when KYY say buy, it's means sell time

1 month ago

Philip ( buy what you understand)

shouldnt age maturity of trees per hectare and planted trees per hectare be more important than just a simple hectare per market cap?

for example my own farm in sabah although is only around 200 acres now but my total production and utilization is more than my neighbour plantation nearby of 600 acres. How is that possible?
1. my trees are now fully matured and produce the best as I replanted with the latest seedlings 10 years ago with the latest breed. Meanwhile my neighbour only replanted 4 years ago which means high cost and low production.
2. land type. My land is near to the mill and is perfectly flat near main road which brings my production cost far lower per acre, meanwhile my neighbour is hilly land with poorer soil quality near swampy area.
3. fertilization and crop care also make a huge difference.

If we wanted to do the comparison, the key element the koon should be looking at is the yield per hectare and the expenses per market cap.

1 month ago

Mini Bull

buy = bye from KYY

1 month ago

Albukhary

Subur Tiasa = 44000 Hectare. Market Cap = RM176mil.
Market Cap / Hectare = RM4000 only.

@KYY, you should sell everything and buy Subur Tiasa

1 month ago

speakup

when Kyy say buy, it is time to sell

1 month ago

investor77

R Sawit not in the list ?

1 month ago

Sslee

Peatland Management
At THP Group, we only plant on peat that has been set aside by the Malaysian government for agricultural development. We understand the nature of peatland and over the years, we have managed our peatland via extensive efforts and strict internal processes. Our Agronomy team provides technical and advisory support for the continuous management and care of the peatland.

These include maintaining water at optimum levels and draining excess water to prevent peat degradation. At the end of 2023, THP Group owned 44,749.27 Ha of peatland, of which 14,924.84 Ha was left unplanted and contributed to biodiversity and conservation areas.

1 month ago

calvintaneng

Thplant per hectare Rm10,750

Rsawit per hectare is only Rm8,744

Rsawit has the lowest cost of all and the cheapest of all

Even Director Gooi Seong Gum of Kim Loong plant owns 3 million Rsawit shares

1 month ago

calvintaneng

As for thplant its deep value is in its well located gold mine lands along Ecrl rail Trengganu and along Pan Borneo Highway, Sarawak

These lands are ripe for conversion to Industrial parks, New Townships, Data Centers and Solar Farm

1 month ago

limch

TH Plant estates mostly in Terengganu where now heavy flooded. Next QR very bad or not good to take advantage of high CPO price?

1 month ago

Unfair

Subur Tiasa also low in Market Cap/H not in the list because KYY not buying unlike 3-4 years ago?

1 month ago

pang72

Uncle told you that MHC a great buy with PE valuation.
Uncle told you that thp a great buy with market cap/H

Uncle will told you jtiasa a great buy with...... valuation soon!

1 month ago

pang72


plantation is a buy in high cpo price > rm5k in general

1 month ago

EngineeringProfit

yes, at least should start to reduce tickets.....hehe

Posted by speakup > 1 day ago | Report Abuse

when KYY say buy, it's means sell time

1 month ago

calvintaneng

https://www.facebook.com/share/r/1F5UwjafeA/

1 month ago

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