The EPS is on increasing trend, in last 5 years increased by around 50.1%, the PE ratio is reasonable, around 8, the ROE is 10.38%, dividend yield is 4.51%
CHINTEK's earning performance has been overall unstable in last five years, whereby its earning per share overall fluctuated from 20 sen to 80 sen. Return on equity is around 10%. Dividend paid to shareholders in 2018 is 30 sen per share. Dividend yield is around 4.69%.
Dividend yield 4.69% was miracle for palm oil company in year 2019. Many of them never give a cent dividend at all. Volume start picking up. performance per month from 4Dec2019, RM6.30 to RM7.15. It is 13.49% growth.
Based on comparison of 44 plantation counters listed in Bursa Malaysia, it is found that currently CHIN TECK is not ranked as one of the TOP 8 plantation counters worthy to pay attention to and potentially invest in. However, CHIN TECK stands out in performance indicators such as having consistently steady earning per share (~ 10 sen per share and above).
Profit margins although lower than last year it has high quality earnings. Earnings have grown by 13.2% per year over the past 5 years and it is a debt free company. Got dividend somemore so memang attractive to investors. Memang kuat its balance sheet. Exciting counter indeed.
The year was 1996. The Asian Stock Markets Were in the Hottest Euphoria. Amost every one was enjoying increasing profits. Many have resigned from their jobs to do full time trading in the stock market. Stock market tips and conversations were the order of the day. Everywhere in offices, homes, coffee shops, markets, eating places people talked only about the next “Limit Up” stocks.
In every trading Hall or Room there is no available seats. In RHB Bank HQ there isn’t even standing room. Cramped, jammed and packed with traders and specualtors from all walks of life. It Was The GoGo Years Before The Asian Financial Crisis!
One man stood out. Peter Lim of Singapore. He sold all his shares near the very peak and bought into just one counter – WILMAR the Plantation Stock.
On hindsight it was an uncanny but very accurate move. Next year in July 2nd 1997 George Soros attacked the Thai bath. The Thai bath collapsed and then contagion spread to Malaysia, Singapore, Hk, Korea, Indonesia – One by One Their Stock Markets Collapsed like tent pins.
At the height KLSE was 1332 and at the bottom it was only 262 points – A Crash of 81%
Nobody fully invested could have escaped such a carnage. It was a disaster for many. Tens of thousands went bankrupt. Many Banks & Financial Institutions were insolvent. Before the Asian Financial Crisis there were 49 Banks and Credit Companies in Malaysia. With the devastating carnage less than 10 Banks now standing. The rest became history.
Tycoon Peter Lim invested $10 millions into Wilmar – the plantation stock owned by Robert Kuok.
How come Peter was so “chun chun”? All $10 millions into one single stock. And he was right on target. Four years later in 2,000 Peter Lim “THE REMISIER KING” of Singapore sold his Wilmar shares for a cool $1.5 Billions!
So plantation stock investment if timed well can make you a billionaire!
As for Robert Kuok he became the Richest Man No. One in All of Malaysia with over Rm40 Billions.
Ha! Are we now entering another phase of market doom? Maybe yes or maybe no.
But This Is For Sure:
A POWERFUL EL NINO IS NOW ONGOING
Hmmm?
Let’s SEE if Plantation Stocks will create more millionaires and billionaires this round.
Menurut sumber, malam ini bakal diadakan satu Mesyuarat Majlis Tertinggi UMNO (MT) malam ini di Menara Dato' Onn, World Trade Centre. Mesyuarat yang akan dipengerusikan Presidennya, Datuk Seri Ahmad Zahid Hamidi dikatakan akan membincangkan secara terperinci mengenai cadangan penstrukturan semula Kabinet.
Posted by kelvin61 > Dec 10, 2020 7:48 AM | Report Abuse
Most traders have neglected the super bull run on CPO prices that will bring windfall profits to the Plantation companies. There are still many selling for a song, cheers.
CORRECT!!
FCPO CLOSED AT ABOVE RM3600 MEANS MORE THAN 100% PROFIT FOR ALL PALM OIL COMPANIES
FEB 2021 FANTASTIC RESULTS FOR ALL PALM OIL STOCKS WILL REGISTER HUGE PROFITS
WHY?
ANSWER:
OCTOBER, NOVEMBER & UNTIL DEC 10TH NOW CPO HAS FCPO HAS BEEN HOLDING FIRMLY ABOVE RM3400 TO RM3600
Let's calculate the Feb 2021 figure
October 30 days
November 30 days
December 31 days
Total days of last quarter for 2020 is 91 days
Today is 10th day of Dec
So 2 months & 10 days = 70 days
70/91 = 76.9% of the Feb 2021 results will reflect These Very High Profit months
Even if production of FFB decrease by 10% to 15% the Huge Increase in CPO prices over ride all to Excel
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....
KaoriChan
18 posts
Posted by KaoriChan > 2014-12-24 12:26 | Report Abuse
Wow I'm the first here @_@!