CPO price is now at Rm6500... if we assume Hsplant ASP for their cpo in 2022 is Rm5000, we can just simply plug in yesterday result which is 94m x 4 = 376m, which equal to Rm0.47 eps
Hap Seng Plant has a very interesting shareholder structure. A check on 2020 annual report & recent Bursa announcements showed that Hap Seng Consolidated Berhad holds 74.89% of the shares, EPF portion is 7.69% as of 22 Feb 2022. The most celebrated shareholder is the 14th largest shareholder, Mr. Fong Siling who holds 1,000,000 shares.
HSplant should surpass the previous high of $3.72 soon in view of best ever earning expected in FY2022 and consistent dividend payout. Forecast EPS 2022 is 35-38 sen.
True. HSPLANT is but a rare find in the Plantation business with cash of more than RM400 mil without debt. Another RM84 mil came in Jan 22 for the sale of small area of plantation land. Well positioned to reap the high cpo price. Shareholders can expect to be well rewarded, cheers.
HSplant has zero debts, strong earnings & excellent dividend policy and the share price will reflect its true value in LT as long as FCPO is solid (RM5.0K to RM6.0K/ton).
KUALA LUMPUR (March 1): Malaysian crude palm oil (CPO) prices topped RM8,000 a tonne for the first time on Tuesday (March 1) after the price of March 2022 CPO rose as much as RM640 to a record high of RM8,091.
At 4.50pm, the March 2022 CPO price had pared gains at RM8,072 a tonne.
At the time of writing on Tuesday, March 2022 CPO was traded at between RM7,365 and RM8,091 a tonne.
FCPO Last done price on 1/3/2022 : Mar $8,170, Apr $7,435, May $6,749, Jun $6,265 The exceptionally high premium for March and Apr delivery is due to international buyers scrambling to cover their edible requirement against hiccup of sunflower oil shipments from black sea. The big beneficiaries are Malaysia based plantations who sell their production on spot or current month basis. These companies are Cepat, MHC, Bplant, Swkplant, Hsplant, SOP, Taann, KMloonhg. You may already know that these companies average realised CPO prices for last year were very close to Spot Market prices reported by MPOB which was $4,417 for FY2021. Average realized price for FY2021 for Cepat/MHC was $4,427, Bplant $4,341, Swkplant $4,389, Hsplant $4,416, SOP $4,564, Taann & KMLoong about $4,400.
Malaysia investors are really different from others. All plantation stocks in Singapore & Indonesia were up today. Wilmar International Ltd +2.64% First Resources Ltd +4.59% Bumitama Agri Ltd +1.97% Astra Agro Lestari +2.64% Triputra Agro +11.59% London Sumatra +1.32% Tunas Baru Lampung +2.40%
Dear Johnzhang, FCPO Last done price on 1/3/2022 : Mar $8,170, Apr $7,435, May $6,749, Jun $6,265 ----------------------- If CPO price is 6,265, what is the cost of production. I want to know the profit margin. Please advise. Thank you.
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....
k3nthiew
518 posts
Posted by k3nthiew > 2022-02-24 09:10 | Report Abuse
Go Go Go!!