MHC will cross $1.50 if the management decide to pay out 10 sen dividend (which is about 50% of 2021's EPS). Hopefully my wish will come true.

agreed with Jking. Cepat will catch up strongly.
Small plantation like Cepat with small free float of share can outperform when the bull charges ahead.

I think THplant may cross $1.50 once reasonable dividend resumes and to be announced following final qtr result.

Swkplant is the laggard. will cross $3 anytime soon
My personal TP is $4.00

Local IBs have yet to say much after the Angmo JP Morgan's very positive view on plantation stock.
It is very embarrassing if local IBs don't follow suit. i think they will issue plantation sector upgrade and coverage on plantations counters with higher TPs soon.
When that come, price will surge pass the previous high as earning in 2021 and 2022 is at record high.

Ourt local IBs have yet to say much after the Angmo JP Morgan's very positive view on plantation stock.
It is very embarrassing if local IBs don't follow suit. i think they will issue plantation sector upgrade and coverage on plantations counters with higher TPs soon.
When that come, price will power ahead.

Local IBs have yet to say much after the Angmo JP Morgan's very positive view on plantation stock.
It is very embarrassing if local IBs don't follow suit. i think they will issue plantation sector upgrade and coverage on plantations counters with higher TPs soon.
When that come, price will surge

To me, bplant is a plantation stock with very exciting development ahead .
Operational performance for 2021 and 2022 (exclude asset monetisation gain) is at its BEST LEVEL since listing.
Gain from recent 680 ha Kulai estate disposal completed in Jan 2022 is 15sen per share. Ongoing disposal of the poorer performance estates in Sarawak will rake in substantial gain too as book value is exceptionally low.
Bpalnt share price has been trading around $1.20 -$1.30 in 2017/2018 with high achieved around $1.35 (all prices after adjusting for BI 2 for 5).
Bplant should cross $1.35 easily if management decide to pay half of the asset monetisation gain as special dividend. And this is with high possibility.
That's how I assess it.

Congra to those who believe in KLK and understand its true value.

Zocai sell from 3.30, 3,50 .....4.00, 4.10.4.30----
Go to learn financial and technical analysis. lah .

---------------------------------------------------------------
Titan3322 :Where got 7.50 where got 6.00 where got 5.00 ?
16/02/2022 11:25 AM

yet another challenge for soya and corn planting and production. Notwithstanding the wild weather pattern, Will supply of soyoil improve in 2022 to drive CPO price down?

Yet another likely setback for soya and corn planting and production. Notwithstanding the wild weather pattern, Will supply of soyoil improve in 2022 to drive CPO price substantially down ? I have doubt.

There you go! Another likely setback for soya and corn planting and production. Notwithstanding the wild weather pattern, Will supply of soyoil improve in 2022 ?

PBT for plantation segment Q1 2022 Vs Q1 2021 up 154.3%!
KLK's share price Feb 2021 was about $23.
With latest 154.3% increase in PBT for plantation segment, I think it worth much more than yesterday closing price of $25.60!

Feb 16): A supply crunch is threatening to cause a spike in prices for the world’s No 1 weedkiller, making it even more expensive for farmers to grow food.

A major supplier of an ingredient in glyphosate — an herbicide that’s widely used by corn, soy, cotton and other farmers around the world — shut down production due to mechanical failures, and repairs could take three months. Bayer AG, the maker of Roundup, whose active ingredient is glyphosate, declared a force majeure on Feb 11, meaning it may not be able to meet its sales agreements.

Farmers are anxious.

Aprosoja, an association of soybean producers in Brazil’s top-producing state Mato Grosso, sent a letter to Bayer’s chief executive officer in Brazil asking for assurances that there will be no shortages of glyphosate. Over 90% of soybeans grown in Brazil are genetically modified to resist glyphosate.

Feb 16): A supply crunch is threatening to cause a spike in prices for the world’s No 1 weedkiller, making it even more expensive for farmers to grow food.

A major supplier of an ingredient in glyphosate — an herbicide that’s widely used by corn, soy, cotton and other farmers around the world — shut down production due to mechanical failures, and repairs could take three months. Bayer AG, the maker of Roundup, whose active ingredient is glyphosate, declared a force majeure on Feb 11, meaning it may not be able to meet its sales agreements.

Farmers are anxious.

Aprosoja, an association of soybean producers in Brazil’s top-producing state Mato Grosso, sent a letter to Bayer’s chief executive officer in Brazil asking for assurances that there will be no shortages of glyphosate. Over 90% of soybeans grown in Brazil are genetically modified to resist glyphosate.

Feb 16): A supply crunch is threatening to cause a spike in prices for the world’s No 1 weedkiller, making it even more expensive for farmers to grow food.

A major supplier of an ingredient in glyphosate — an herbicide that’s widely used by corn, soy, cotton and other farmers around the world — shut down production due to mechanical failures, and repairs could take three months. Bayer AG, the maker of Roundup, whose active ingredient is glyphosate, declared a force majeure on Feb 11, meaning it may not be able to meet its sales agreements.

Farmers are anxious.

Aprosoja, an association of soybean producers in Brazil’s top-producing state Mato Grosso, sent a letter to Bayer’s chief executive officer in Brazil asking for assurances that there will be no shortages of glyphosate. Over 90% of soybeans grown in Brazil are genetically modified to resist glyphosate.

Feb 16): A supply crunch is threatening to cause a spike in prices for the world’s No 1 weedkiller, making it even more expensive for farmers to grow food.

A major supplier of an ingredient in glyphosate — an herbicide that’s widely used by corn, soy, cotton and other farmers around the world — shut down production due to mechanical failures, and repairs could take three months. Bayer AG, the maker of Roundup, whose active ingredient is glyphosate, declared a force majeure on Feb 11, meaning it may not be able to meet its sales agreements.

Farmers are anxious.

Aprosoja, an association of soybean producers in Brazil’s top-producing state Mato Grosso, sent a letter to Bayer’s chief executive officer in Brazil asking for assurances that there will be no shortages of glyphosate. Over 90% of soybeans grown in Brazil are genetically modified to resist glyphosate.

Feb 16): A supply crunch is threatening to cause a spike in prices for the world’s No 1 weedkiller, making it even more expensive for farmers to grow food.

A major supplier of an ingredient in glyphosate — an herbicide that’s widely used by corn, soy, cotton and other farmers around the world — shut down production due to mechanical failures, and repairs could take three months. Bayer AG, the maker of Roundup, whose active ingredient is glyphosate, declared a force majeure on Feb 11, meaning it may not be able to meet its sales agreements.

Farmers are anxious.

Aprosoja, an association of soybean producers in Brazil’s top-producing state Mato Grosso, sent a letter to Bayer’s chief executive officer in Brazil asking for assurances that there will be no shortages of glyphosate. Over 90% of soybeans grown in Brazil are genetically modified to resist glyphosate.

Pang, Apa saya cakap tidak penting. More importantly how the analysts and the financial people read it .

Below report in the news .


KUALA LUMPUR, Feb 16 -- Kuala Lumpur Kepong Bhd’s (KLK) net profit surged to RM599.3 million in the first quarter ended Dec 31, 2021 (Q1 FY2022) from RM357.4 million in the same period a year earlier.

Revenue jumped to RM6.83 billion from RM4.3 billion previously.

The company told the stock exchange its plantation division profit more than doubled to RM607.9 million, boosted by significantly higher crude palm oil (CPO) and palm kernel (PK) prices.

Pang, Pls study the financial report in details lah…Don’t tembak saja.
Q-on-Q PBT from plantation segment is up 34%. That’s very impressive.
Group PBT q-o-q is almost the same is because there was $242 mil exceptional equity profit from oversea associate.
Of Course ,y-o-y comparison is even more fantastic.

Very bullish trend developing.

Uncle has lost his sense!

JP Morgan gives Simeplant TP $6.80!
They says exactly what we have been saying.

JP Morgan 'overweight' on plantations, sees 2-year upcycle
TheEdge Tue, Feb 15, 2022
KUALA LUMPUR (Feb 15): ASEAN plantation stocks may be back in vogue, says JP Morgan, noting that foreign investors who are less tied up with sustainability metrics are unable to ignore the strong crude palm oil (CPO) price rally.

The bank upgraded its call on the ASEAN plantation sector to “overweight” and also upgraded its CPO price assumption on Tuesday (Feb 15), citing supply concerns amid years of reduction in new planting.

In a note, JP Morgan Malaysia equities research head Jeffrey Ng said rotation into inflation proxies (commodities) might persist amid “rising interest from non-ESG-bound foreign funds” and low domestic institutional holdings, coupled by prospects of US rate hikes.

This is on the back of consistent cuts in Indonesia’s new planting since 2012, as well as Malaysia’s replanting efforts, which could mean that near-term supply growth will decelerate.

“As we think the CPO upcycle might last over two years due to the reasons mentioned above, we think planters’ valuations have hit an inflection point,” Ng said.

“The sustainability of this rotation hinges on market perception of the CPO price outlook,” he added.

CPO prices settled at a fresh record of RM5,657 per tonne on Tuesday, having scaled new highs this week on expectations of improved demand following India’s import tax cut. The commodity has risen by over 20% this year.

Ng forecasts CPO price to be at around RM5,000 in 2022 and 2023. The assumption is below spot, taking into consideration revenue taxes.

Ng upgraded to “overweight” calls for Sime Darby Plantation Bhd (target price: RM6.80), Kuala Lumpur Kepong Bhd (TP: RM30), and Genting Plantations Bhd (TP: RM12). He also raised IOI Corp Bhd to “neutral” (TP: RM4).

For valuation, the analyst switched to sum-of-parts of lands and downstream assets, from price-to-earnings ratio (PER), citing “the disconnect between share prices and the CPO price”.

“Planters are trading at single-digit PER, free cash flow yields are rising, the average dividend yield is circa 4%, and 2022 might see circa 35% profit growth,” said Ng.

“A rising tide may lift all boats, but we advise investors to pick planters that have well-defined ESG frameworks to avoid negative publicity risk,” he added.

JP Morgan 'overweight' on plantations, sees 2-year upcycle
TheEdge Tue, Feb 15, 2022
KUALA LUMPUR (Feb 15): ASEAN plantation stocks may be back in vogue, says JP Morgan, noting that foreign investors who are less tied up with sustainability metrics are unable to ignore the strong crude palm oil (CPO) price rally.

The bank upgraded its call on the ASEAN plantation sector to “overweight” and also upgraded its CPO price assumption on Tuesday (Feb 15), citing supply concerns amid years of reduction in new planting.

In a note, JP Morgan Malaysia equities research head Jeffrey Ng said rotation into inflation proxies (commodities) might persist amid “rising interest from non-ESG-bound foreign funds” and low domestic institutional holdings, coupled by prospects of US rate hikes.

This is on the back of consistent cuts in Indonesia’s new planting since 2012, as well as Malaysia’s replanting efforts, which could mean that near-term supply growth will decelerate.

“As we think the CPO upcycle might last over two years due to the reasons mentioned above, we think planters’ valuations have hit an inflection point,” Ng said.

“The sustainability of this rotation hinges on market perception of the CPO price outlook,” he added.

CPO prices settled at a fresh record of RM5,657 per tonne on Tuesday, having scaled new highs this week on expectations of improved demand following India’s import tax cut. The commodity has risen by over 20% this year.

Ng forecasts CPO price to be at around RM5,000 in 2022 and 2023. The assumption is below spot, taking into consideration revenue taxes.

Ng upgraded to “overweight” calls for Sime Darby Plantation Bhd (target price: RM6.80), Kuala Lumpur Kepong Bhd (TP: RM30), and Genting Plantations Bhd (TP: RM12). He also raised IOI Corp Bhd to “neutral” (TP: RM4).

For valuation, the analyst switched to sum-of-parts of lands and downstream assets, from price-to-earnings ratio (PER), citing “the disconnect between share prices and the CPO price”.

“Planters are trading at single-digit PER, free cash flow yields are rising, the average dividend yield is circa 4%, and 2022 might see circa 35% profit growth,” said Ng.

“A rising tide may lift all boats, but we advise investors to pick planters that have well-defined ESG frameworks to avoid negative publicity risk,” he added.

JP Morgan 'overweight' on plantations, sees 2-year upcycle
TheEdge Tue, Feb 15, 2022
KUALA LUMPUR (Feb 15): ASEAN plantation stocks may be back in vogue, says JP Morgan, noting that foreign investors who are less tied up with sustainability metrics are unable to ignore the strong crude palm oil (CPO) price rally.

The bank upgraded its call on the ASEAN plantation sector to “overweight” and also upgraded its CPO price assumption on Tuesday (Feb 15), citing supply concerns amid years of reduction in new planting.

In a note, JP Morgan Malaysia equities research head Jeffrey Ng said rotation into inflation proxies (commodities) might persist amid “rising interest from non-ESG-bound foreign funds” and low domestic institutional holdings, coupled by prospects of US rate hikes.

This is on the back of consistent cuts in Indonesia’s new planting since 2012, as well as Malaysia’s replanting efforts, which could mean that near-term supply growth will decelerate.

“As we think the CPO upcycle might last over two years due to the reasons mentioned above, we think planters’ valuations have hit an inflection point,” Ng said.

“The sustainability of this rotation hinges on market perception of the CPO price outlook,” he added.

CPO prices settled at a fresh record of RM5,657 per tonne on Tuesday, having scaled new highs this week on expectations of improved demand following India’s import tax cut. The commodity has risen by over 20% this year.

Ng forecasts CPO price to be at around RM5,000 in 2022 and 2023. The assumption is below spot, taking into consideration revenue taxes.

Ng upgraded to “overweight” calls for Sime Darby Plantation Bhd (target price: RM6.80), Kuala Lumpur Kepong Bhd (TP: RM30), and Genting Plantations Bhd (TP: RM12). He also raised IOI Corp Bhd to “neutral” (TP: RM4).

For valuation, the analyst switched to sum-of-parts of lands and downstream assets, from price-to-earnings ratio (PER), citing “the disconnect between share prices and the CPO price”.

“Planters are trading at single-digit PER, free cash flow yields are rising, the average dividend yield is circa 4%, and 2022 might see circa 35% profit growth,” said Ng.

“A rising tide may lift all boats, but we advise investors to pick planters that have well-defined ESG frameworks to avoid negative publicity risk,” he added.

JP Morgan 'overweight' on plantations, sees 2-year upcycle
TheEdge Tue, Feb 15, 2022
KUALA LUMPUR (Feb 15): ASEAN plantation stocks may be back in vogue, says JP Morgan, noting that foreign investors who are less tied up with sustainability metrics are unable to ignore the strong crude palm oil (CPO) price rally.

The bank upgraded its call on the ASEAN plantation sector to “overweight” and also upgraded its CPO price assumption on Tuesday (Feb 15), citing supply concerns amid years of reduction in new planting.

In a note, JP Morgan Malaysia equities research head Jeffrey Ng said rotation into inflation proxies (commodities) might persist amid “rising interest from non-ESG-bound foreign funds” and low domestic institutional holdings, coupled by prospects of US rate hikes.

This is on the back of consistent cuts in Indonesia’s new planting since 2012, as well as Malaysia’s replanting efforts, which could mean that near-term supply growth will decelerate.

“As we think the CPO upcycle might last over two years due to the reasons mentioned above, we think planters’ valuations have hit an inflection point,” Ng said.

“The sustainability of this rotation hinges on market perception of the CPO price outlook,” he added.

CPO prices settled at a fresh record of RM5,657 per tonne on Tuesday, having scaled new highs this week on expectations of improved demand following India’s import tax cut. The commodity has risen by over 20% this year.

Ng forecasts CPO price to be at around RM5,000 in 2022 and 2023. The assumption is below spot, taking into consideration revenue taxes.

Ng upgraded to “overweight” calls for Sime Darby Plantation Bhd (target price: RM6.80), Kuala Lumpur Kepong Bhd (TP: RM30), and Genting Plantations Bhd (TP: RM12). He also raised IOI Corp Bhd to “neutral” (TP: RM4).

For valuation, the analyst switched to sum-of-parts of lands and downstream assets, from price-to-earnings ratio (PER), citing “the disconnect between share prices and the CPO price”.

“Planters are trading at single-digit PER, free cash flow yields are rising, the average dividend yield is circa 4%, and 2022 might see circa 35% profit growth,” said Ng.

“A rising tide may lift all boats, but we advise investors to pick planters that have well-defined ESG frameworks to avoid negative publicity risk,” he added.

Game not started yet . Be a bit patient. Hahaha..

Hahaha.. sell at $4.0 and $4.10 will regret loh ..

This share based on 10x PE (on 2021 EPS ) worth about $7.50.

From Simplant , KLK, and others big plantations trading performance, it is quite obvious that institutions buyers are back in plantation share. This appear tto be the early phase of palm oil share bull run.

Don’t get disappointed that MHC and the associate , Cepatwawasan, is lagging behind. . Remember every dog has its day .

Don’t get disappointed that MHC and the associate , Cepatwawasan, is lagging behind. . Remember every dog has its day .

Congratulations! KLK will reach $30 very soon.

Among all the plantation stocks presently trading below $1 price , I think Bplant is the best pick . Good earnings growth, high dividend yield , huge acreage of freehold development land , further monetisation , leap and bounce improvement in financial health, etc….

If US market is holding steady and not dampening Bursa’s market sentiment, this stock can easily cross $5 by the time final QR is out before end of this month.

Highly speculative type of stock. If you are in it , just make sure you are not the last one to exit .

Crack spread is near record high , growing demand for refined products from reopening, oil price inching higher , etc , are good enough reasons for me to add position in PetronM and Hengyuan . I am convinced they will pay off very well eventually.

From CCWONG’s data above, it is very obvious that Q1 2022 earnings will be multiple folds higher y-o-y purely from operations contributed by about 17% increase in production qty and about 43% increase in CPO price . Adding the huge gain from kulai land disposal which is completed in Jan 2022, the y-o-y results will blow everyone’s mind !!
Nobody should consider selling this stock until the Q1 2022 results is released by end May 2022 . Patience will pay off handsomely.

ahbah and supersinginvestor, thanks for your compliment. I am just an ordinary investor and is happy to share my thoughts.

Plantations has been reporting increasing profit for past many qtrs and the next many qtrs . It’s better than steel

Oiikh899, No one should follow me . They should follow their hearts that tell them where to invest their own money.
My intention of posting a lot of comments in plantation forum is to share my knowledge and the view on how I look at the financials from multiple angles .

If CPO stays strong above $5,000 for most of the month in 2022, EPS purely from operations may reach 20sen. At PE 15x , it worth $3.00 ?
Asset monetisation gain in pocket from Kulai land sales is 24 sen . Ongoing plan to sell under performing Sarawak estate? Further monetisation of development freehold land in WM ? As a result, handsome special dividend payout like before ?
All this may drive Bplant share price very high provided Malaysian stock market sentiment remain bullish

Bek Nielsen never tell the public how much is the NETT positive impact on plantation’s profitability . People in the industry can confirm that the profit increase arising from the historic high CPO price is many times more than the production cost increase.

@nuke, Sure it will. But Bek Nielsen never tell the public how much is the NETT positive impact on plantation profitability . People in the industry can confirm that the profit increase arising from the historic high CPO price is many times more than the production cost increase.

Hengyuan and petronM shall make very good profit in 2022.

Labour problem has Limited financial impact . On the whole country basis, production in 2021 drop by about 5% only (19.2 mil Mt vs 18.2 mil mt), but CPO price gone up 60% (av $4417 vs $2765). All plantation should rightly make a lot more profit in 2021.

I think the biggest issue for Utd plant in 2021 is too much forward CPO sales at very low price . The average realized selling price for the Jan- Sept 2021 qtrs was only $2,971! Even Simeplant which has substantially more production in Indonesia achieved higher realized price of $3,545 for same period.

Pang 72, I have no interest to sell Taann to you or anyone. What I posted is merely for knowledge sharing. If you have the knowledge pls also share with the investing public. When Taann was $4.00 this noon, you claimed that the good QR is already priced in. I thought you know something that I can learn from you.

Thanks MuttsInvestor. The value recognition JUST STARTED and begin to attract a bit more attention. I personally think the bull has still many months to run.