Thplant share can be quite attractive as can be seen, even the whole world is at red.. their shares are quite stable.. Besides, predicted that their next quarter and full year result will be very good and target price around 2.50... accumulate.. in volatile market.. keep stable and profitable shares..=)
TH planting filing to Bursa Malaysia, the largest shareholder of Malaysian pilgrims fund Bureau today issued a blog of the July 23 offer letter of purchase, it is recommended through the issuance of 200,000,000 2,343,750 new shares of the way, 500 000 000 1800 million ringgit (equivalent to 2.56 ringgit per share) to acquire TH Ladang (Sabah and Sarawak) Private Limited.
The Bureau also offer meeting of the Malaysian pilgrims fund, through the issuance of 6,890,625 new shares of the way to RM 17.64 million (equivalent to 2.56 ringgit per share) TH Bakti Sdn Bhd, acquired a 70% stake.
On the other hand, the statement pointed out that the TH planting is recommended to increase the authorized share capital from 300 million to 50 million ringgit (700 million shares) increased to 500 million ringgit (10 million shares).
Positive earnings forecast to increase long-term prospects A positive contribution to the bank TH planting the 2013 fiscal year earnings forecast by 19 percent to 100 000 000 1,000 5.7 million ringgit, equivalent to 40% earnings growth year-on-year acquisition plan will be the TH planting profit. As for the New Issue Price of $ 2 per share ringgit 56 cents is reasonable, reflect the company's earnings potential and in line with the market's current valuation. In any case, the acquisition of share capital to promote TH planting, expanding 43 percent to 300 000 000 6,000 3.28 million ringgit, will dilute its earnings per share from 200 million one thousand 866 million three thousand ringgit. MIDF said: "The long-term prospects of the company's positive, but short-term stock price the face of the pressure brought to profitability dilute." The acquisition also makes TH planted public float was reduced from 41.06% to 29.23%, although still higher than the minimum 25% public ownership dispersion requirements, but MIDF I believe, this the pilgrimage Fund Board in the future privatization of TH planting potential opportunities. Assets injected into the plan is completed, the shareholding of the the pilgrimage Fund Council and the Employees Provident Fund Board grown in TH, is estimated to be from 58.82 and 8.55% respectively, increased to 70.68% and 6.09%. Malaysian studies suggest that the measure to increase the effect of the new shares, the acquisition plan will slightly improve the the TH planting the 2013 fiscal year earnings per share, the acquisition cost equal to 15.7 times earnings ratio, while the acquisition of palm oil to the market value of the library approximately 20005 RM2, 000 per hectare to be regarded as a reasonable level. Maybank said that the transaction price is equal to the enterprise value per ha have been planted plantations 40008 1000 463 ringgit, the PE ratio of 16 times, slightly higher than the average valuation, but because of young age, it can be considered reasonable. The acquisition TH planting its average oil palm age from 11 down to about 8 years. The bank believes the TH planting stock short-term may be negatively affected, but in time, the company's acreage doubled and become Malaysia's leading plantation companies, and has been re-rating. Issued shares acquisition rather than through cash borrowings, after the completion of the transaction, the company's debt ratio remained at a good level of 22% under the capital balance sheet to expand and strengthen the company will in the future to obtain more robust growth.
Harga Minyak Sawit Kekal Menggalakkan Dalam Tempoh Lima Bulan Selasa, 24 Julai 2012 16:07 Sandakan - Harga-harga minyak sawit akan kekal menggalakkan dalam tempoh lima bulan ini. Ini adalah ekoran keadaan cuaca yang menjejaskan tanaman di Amerika Syarikat, cukai berganda India yang dikenakan ke atas produk bertapis dan kemungkinan fenomena El Nino.
Dalam menjanjikan tinjauan cerah untuk komoditi ini, Menteri Perusahaan Perladangan dan Komoditi, Tan Sri Bernard Dompok berkata: "Saya tidak melihat sebarang bencana menghampiri kita."
"Pada masa ini, harga-harga amat tinggi dan jika kemarau di AS berterusan, maka, bertambahlah lagi permintaan untuk minyak sawit dan harga akan terus naik," kata beliau kepada pemberita selepas melawat kilang minyak sawit Trushidup di sini.
Harga-harga kacang soya dan jagung telah mencecah paras tinggi pada hari Jumaat kerana kemarau yang berterusan di AS telah mengurangkan bekalan kacang soya dan sekali gus ia dijangka menolak naik harga minyak makan dan minyak sawit mentah pula akan mendapat manfaat daripada kenaikan itu.
Hmm..Pada pandangan saya, kita sebagai pelabur berhemah jgn sesekali melawan arus pasaran. Buat masa ini arus pasaran perladangan dalam proses pembetulan. Lebih baik simpan dana kita untuk peluang yang lain. Bersabar itu membawa berkat. Smile--)
Beautiful..... Crisis Investment that is finally seeing result. THPlant FYI have dividend policy that is not that bad. Recent sell down was the opportunity to buy. Just my own 2cent opinion.
The beauty of this counter is the dividend policy where 50% of the profit will be given as dividend especially PRU 13 is round the corner.I expect the final dividend would be more that 7 sen per share.Further more the price of cpo is moving upward.
TH Plantations sees higher earnings after land deal
Zaidi Isham Ismail
Published: 2013/02/21
KUALA LUMPUR: Lembaga Tabung Haji's plantation arm, TH Plantations Bhd, is set for higher earnings in the future after completing the acquisition of two plantation companies in Sarawak.
TH Plantations chief executive officer Datuk Zainal Azwar Zainal Aminuddin said its plantation area has swelled to 97,692ha from 91,078ha, now that Bumi Suria Ventures Sdn Bhd and Maju Warisanmas Sdn Bhd are under its wings.
"Of the 97,692ha, 51,500ha are in Sarawak. This acquisition has also strengthened our presence as one of the major plantation players in Sarawak," Zainal said here yesterday after its annual shareholders meeting.
He said as an enlarged firm, it will produce 800,000 tonnes of fresh oil palm fruit bunches a year from 500,000 tonnes previously at an annual growth rate of 17 per cent a year for the next four years.
"The purchase is timely as it is in line with TH Plantations' expansion at a strategic location. It will also complement our exisiting growth."
He said TH Plantations is interested in boosting its landbank, especially brownfields, but for now, it wants to focus on its existing landbank.
"Our plantation land will also swell to 110,000ha by the end of the first quarter when we complete our acquisition of Indonesia's PT Persada Kencana Prima, which owns 14,000ha in Kalimantan."
TH Plantations is allocating RM75 million in the next four years to build an oil palm mill in Sarawak as well as nurture its young oil palm trees.
On crude palm oil (CPO) prices, TH Plantations chairman Tan Sri Dr Yusof Basiron said the prospects remain bright this year due to robust global demand.
"I believe CPO prices will climb to the RM3,000 level by the middle of the year due to strong demand. This oil is also cheaper compared with soyabean oil."
Expending landbank on plantation. Good potential for future growth provided have the ability to plant and produce CPO with efficiently and effectively.
Future earning for this counter is great.Currently the share price is very cheap and by year end the share price should hit close to $3.00.A good counter for pensioner and a long term player.The price of CPO is on the uptrend and by year end should hit $2800 per ton.
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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....
danielsoh
110 posts
Posted by danielsoh > 2011-11-22 00:56 | Report Abuse
Thplant share can be quite attractive as can be seen, even the whole world is at red.. their shares are quite stable.. Besides, predicted that their next quarter and full year result will be very good and target price around 2.50... accumulate.. in volatile market.. keep stable and profitable shares..=)