Posted by Amnota > 2017-06-21 08:04 | Report Abuse

Good morning Mr Albukhary,

if the nature of the main business focus of SAB is oleochemical manufacturing (that subject to fluctuating cost of its raw material or feedstock), I guess it is very strategic & smart that the management keeps some palm oil producing assets (estate) that balances of the fluctuations its main business profitability.

That makes sense to me.

If such is the case, my guess would be that the expansion of the oleochemical manufacturing business with its feed stock would be SAB management's drive or objective.

I was educated that oleochemical is a green chemical. An organic product.

Let me go check some more.

I think the management have a plan which we have not learnt about yet.

Maybe, Mr albukhary?

Posted by aliyusof > 2017-06-21 16:59 | Report Abuse

Seems price holding on quite well.

Posted by Stock Kingdom > 2017-06-21 17:18 | Report Abuse

This stock is for longer term, patience will be rewarded.

Posted by Stock Kingdom > 2017-06-23 17:05 | Report Abuse

Good closing, happily look forward for happy holidays

Posted by Stock Kingdom > 2017-06-23 17:06 | Report Abuse

Wish all muslim friends a happy & joyful Hari Raya!

Selamat Hari Raya!

Posted by aliyusof > 2017-06-23 18:25 | Report Abuse

Holding on well. All weak holders flushed out.

Posted by Stock Kingdom > 2017-06-28 10:23 | Report Abuse

Count money every day now, no need to hardsell, no need to condemn, good will remain good.

Buy stock will get money, tell grandma story will only get air.

Posted by aliyusof > 2017-06-28 11:27 | Report Abuse

Talking about Apollo Ang, stock kingdom? Ha ha, he had gone into hiding!

Posted by Apollo Ang > 2017-06-28 14:48 | Report Abuse

i am not hiding,i didn't mention this stock can go down, I mention in 10 years cannot up 10 fold that's all, please look at my comment before u talk

Posted by aliyusof > 2017-06-28 16:21 | Report Abuse

Welcome back, Apollo Ang!

Posted by aliyusof > 2017-07-01 12:00 | Report Abuse

Seems tough to go below rm5

Posted by aliyusof > 2017-07-12 11:37 | Report Abuse

I have got a bad mouth...ha ha. Price dropping.

Posted by RVI123 > 2018-01-10 12:34 | Report Abuse

Any news on the land in Kota Kemuning? Many years aldy, still doesn't want to develop?

Posted by kk7198 > 2018-01-14 18:26 | Report Abuse

Already replanted with young palm trees.This hilly freehold land is strategically located.Need to hold as it is sitting on a gold mine.Massive mixed developments(all leasehold} byGamuda Land,Ecoworld, Ijm n Tropicana are near the land.

Posted by RVI123 > 2018-03-13 15:19 | Report Abuse

Since Southern Acids also owns a substantial amount of shares in Paramount, Southern Acids should joint venture with Paramount to develop part of the land. In this way, Southern Acids can unlock the value of the land faster and gains experience in development.

Posted by Cipta > 2018-11-14 10:43 | Report Abuse

Since SPB and Daiman privatised its undervalued share, will SAB do the same to privatise the land which not revalue since many years ago?

Posted by James Ng > 2019-03-17 16:17 | Report Abuse

https://klse.i3investor.com/blogs/general/198190.jsp
[转贴] [SOUTHERN ACIDS (M) BHD：国内市场的生产成本不断上升，竞争日趋激烈，继续受到挑战，这降低了替代产品的价格，降低了利润率，棕榈油产量增加但总体需求疲软，毛棕榈油库存增加38.5％至320万吨] - James的股票投资James Share Investing

Posted by Hew Kiong Peng George > 2021-09-22 08:39 | Report Abuse

hidden gem this sab,net cash rm1.70 pe 3

Posted by Richard Lee > 2021-10-06 09:27 | Report Abuse

treasure!

Posted by Sebastian Power > 2021-10-07 09:33 | Report Abuse

The Group’s top-line growth was largely brought about by the Oleochemical and Milling & Estate Segments. The Oleochemical
Segment reported a 15.3% growth in revenue whilst the Milling & Estate Segment’s revenue grew by 16.0%. Driving the better
top-line of both segments were a higher average selling price (“ASP”) of fatty acids, glycerine, crude palm oil (“CPO”) and palm
kernel (“PK”) that was brought about by the increase in the price of commodities. These segments made up approximately
86.1% of total Group revenue.

Posted by BursaKakis > 2021-10-08 12:58 | Report Abuse

Cash rich of about RM250 million or RM1.815 per share. Eps jumped from 4.72 cts in Q4 March 2021 to 17.15 cts in Q1 June 2021. Forward annualised earnings of 68.6 cts if next 3 Quarters managed to maintain. Thus PE 10 will be RM6.86 not taking into account the cash holdings.

Posted by stockraider > 2021-10-08 13:14 | Report Abuse

Good rerating mah!

Posted by Richard Lee > 2021-10-08 14:44 | Report Abuse

free floating share on market very little only. Good ahead

Posted by hotdogge > 2021-10-15 07:58 | Report Abuse

https://m.youtube.com/watch?v=wzL4dGHBgcg

Posted by BursaKakis > 2021-10-20 21:34 | Report Abuse

https://www.theedgemarkets.com/article/cpo-futures-hit-alltime-high-rm5071-tonne

Posted by xero99 > 2021-10-20 21:43 |

Post removed.Why?

Posted by Richard Lee > 2021-10-21 15:21 | Report Abuse

LTH selling nonstop

Posted by Sebastian Power > 2021-11-25 19:23 | Report Abuse

apa you mau? Continously two QR ES above 10++. Very likely whole year EPS 40-50. Then you just calculate the target price yourself

Posted by Richard Lee > 2022-02-10 15:49 | Report Abuse

rubbish stock. when market drop it drop, when market up it also drop

Posted by Sebastian Power > 2022-02-25 18:10 | Report Abuse

annual EPS will be achieving 60-70.

Easily upto RM6-7 within 3-4months

Posted by gemfinder > 2022-03-03 10:20 |

Post removed.Why?

Posted by hasbullahali > 2022-03-25 09:52 | Report Abuse

Any good news guys??

Posted by gemfinder > 2022-04-12 12:46 | Report Abuse

Watch out tis

Posted by gemfinder > 2022-05-19 22:32 | Report Abuse

Ezcelent result

Posted by Sebastian Power > 2022-05-19 22:39 | Report Abuse

excellent result but price wont move also

Posted by Believe3222 > 2022-05-20 08:52 | Report Abuse

will goreng the BOD during AGM. Big profits but DIV macam ikan bilis

Overall, our Group PBT rose 148.4% to RM149.9 million from RM60.3 million achieved in FY2021.

Posted by stockraider > 2022-05-20 09:06 | Report Abuse

Now can go for indon base plantation CO since ban is lifted loh!

Posted by SincereStock > 2022-05-20 09:46 | Report Abuse

bought in at RM4.00

Posted by Believe3222 > 2022-05-31 11:20 | Report Abuse

ONLY WILL UP AFTER LTH DISPOSED ALL THEIR HOLDING. GOOD COUNTER BUT PRICE MACAM SXXX

Posted by stockraider > 2022-05-31 11:35 | Report Abuse

Slowly collect from tabung haji loh!

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 2022-12-17 18:43 | Report Abuse

Oleochemical segment still facing lots of challenges.
Plantation segment is doing well.
Healthcare sector is generating good profits.
Cash rich. Undervalued based on its asset value.
Meager dividends distributed.

Posted by Sslee > 2022-12-18 07:18 | Report Abuse

I was working for Sounthern Acid (oleo-chemical) from 1986-1991 and then 1996- 2001. A family run business and fortunate to get a good partner for their Indonesia plantation and good people to run the Healthcare.

Facing never ending family feud problems otherwise if imagine in 2001 SAB will to employ the cash to expend their businese it will be another strong growth company by today.

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 2022-12-20 11:04 | Report Abuse

SSLee Glad to know you spent 10 years in SAB. Very conservatively run company. Yes, internal feud led stifle rapid expansion.

Posted by stockraider > 2022-12-20 11:41 | Report Abuse

Yes conservative run but corp governance no good loh!

Insas corp governance much better loh!

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 2022-12-20 12:43 | Report Abuse

What is your intrinsic value of SAB?

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 2022-12-20 13:19 | Report Abuse

Fiscal year is April-March
All values MYR Millions.
2022 2021 2020 2019 2018 5-year trend
Net Income 94 37 32 21 33
Free Cash Flow 69 39 21 33 29
Total Equity 823 709 650 656 637
Total Assets 974 812 727 731 717
Cash & Short Term Investments 322 242 208 199 174

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 2022-12-20 13:21 | Report Abuse

Cash Dividends Paid - Total (6.8) (6.8) (6.8) (6.8) (6.8)

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 2022-12-20 13:25 | Report Abuse

Except for 2022, revenues and earnings were generally flat. Little growth seen.
Company is profitable, generating good earnings that translate into good free cash flow.
Most earnings were retained within the company. The dividends distributed remained paltry (DPO was around 20%).

Posted by Noni > 2023-01-13 10:08 | Report Abuse

Management pay themselves well, shareholders wait for next generation

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 2023-03-30 17:13 | Report Abuse

Security LastPr PE DY% Divcts ROE ttm-marg
SAB (Chemicals) 3.58 7.06 1.4 5 9.19 5.7