MHC PLANTATIONS BHD

KLSE (MYR): MHC (5026)

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Last Price

0.99

Today's Change

-0.01 (1.00%)

Day's Change

0.99 - 1.01

Trading Volume

130,300

Financial

T4Q

31-Mar-2021

2020

31-Mar-2021

2019

31-Mar-2021

2018

31-Mar-2021

2017

31-Mar-2021

Total assets

238

-1.64%

1000

+11.55%

110

+81.66%

900

-13.16%

600

+235.36%

Total current assets

238

1000

110

900

600

Cash & equivalents

238

1000

110

900

600

Short term investments

238

1000

110

900

600

Total receivables, net

238

1000

110

900

600

Accounts receivable - trade, net

238

1000

110

900

600

Other receivables

238

1000

110

900

600

Total inventory

238

1000

110

900

600

Inventories - work in progress

238

1000

110

900

600

Inventories - progress payments & other

238

1000

110

900

600

Inventories - finished goods

238

1000

110

900

600

Inventories - raw materials

238

1000

110

900

600

Total non-current assets

238

1000

110

900

600

Long term investments

238

1000

110

900

600

Note receivable - long term

238

1000

110

900

600

Investments in unconsolidated subsidiaries

238

1000

110

900

600

Other investments

238

1000

110

900

600

Net property/plant/equipment

238

1000

110

900

600

Gross property/plant/equipment

238

1000

110

900

600

Accumulated depreciation, total

238

1000

110

900

600

Deferred tax assets

238

1000

110

900

600

Net intangible assets

238

1000

110

900

600

Other current assets, total

238

1000

110

900

600

Total liabilities

238

-1.64%

1000

+11.55%

110

+81.66%

900

-13.16%

600

+235.36%

Total current liabilities

-238

-1000

-110

-900

-600

Total non-current liabilities

-238

-1000

-110

-900

-600

Long term debt

238

1000

110

900

600

Long term debt excl. lease liabilities

238

1000

110

900

600

Capital and operating lease obligations

238

1000

110

900

600

Provision for risks & charge

-238

-1000

-110

-900

-600

Deferred tax liabilities

-238

-1000

-110

-900

-600

Other liabilities, total

-238

-1000

-110

-900

-600

Total equity

-238

-1.64%

-1000

+11.55%

-110

+81.66%

-900

-13.16%

-600

+235.36%

Total liabilities & shareholders' equities

238B

1000B

110B

900B

600B

Total debt

238

1000

110

900

600

Book value per share

-238

-1000

-110

-900

-600

Discussions
2 people like this. Showing 50 of 810 comments

markgold

Foreign fund outflow from Malaysia.

2022-05-09 16:03

8899EL8899

ports in ukraine will be allowed to export food ,.......ample supply of sun flower oil soon,.......

2022-05-10 13:49

novice2020

Good production numbers in April whereby average CPO price was RM6678.

2022-05-11 16:21

Johnzhang

Cepat has today reported 172% increase of profit yoy. MHC results will be fantastic too.

2022-05-11 20:21

stockraider

Lu tau boh ??

At the moment plantation stock are price modestly using sustainable cpo price of Rm 4000 mah!

With the current price above Rm 6000, even if indonesia comeback to the export mkt....that will not affect plantation share price bcos it is not overvalue....as it is not value base on cpo rm 6000 mah!

2022-05-12 11:52

stockraider

Do not be silly lah!

Must compare like with like mah!

That means q1 2022 v q1 2021 mah! In short u cannot compare winter season v summer season mah! U cannot compare q1 2022 with q4 2021 loh!

Bcos got seasonal production issue mah!
Posted by Jonathan Keung > 2 minutes ago | Report Abuse

That ku ku brain simply shout . ...blah blah. Cepatwawasan profit -36% QtoQ.... Actual profit triple up in 1st Qtr from 5.6 million to 15.2 million. BPlant earnings & profit will be higher similarly 3+ times and higher in coming QtoQ announcement

2022-05-12 12:30

gemfinder

Poor result

2022-05-17 21:54

Johnzhang

Very good results instead! Profit increase 67% yoy!

2022-05-18 07:50

gemfinder

no need to c yoy. if yoy oso drop, can throw into dustbin oredi

2022-05-18 08:00

gemfinder

no need to c yoy. if yoy oso drop, can throw into dustbin oredi

2022-05-18 08:00

gemfinder

no need to c yoy. if yoy oso drop, can throw into dustbin oredi

2022-05-18 08:00

novice2020

First quarter EPS of 5.84 cents for a stock price of RM1.20, this translates to a yield of 4.87%. How many stocks in KLSE with this kind of yield?. This is only for one quarter. With higher production figures in 2nd quarter and the good average CPO (easily above Rm6500) in April and May, what will be the estimated EPS in 2nd quarter? Based on these considerations, what will then be the qoq or yoy results comparison for 2nd quarter?

Be patient.

2022-05-18 09:34

stockraider

Memang benar be patient loh!

2022-05-18 09:52

treasure_seeker

yup, very good result indeed.. comparing q1 to q1

2022-05-18 11:59

ce0808

MHC coming AGM on 27/5, anyone attended past AGM before? mind to share whether it's worth to go or not

2022-05-20 08:35

Johnzhang

Investors should try to attend to voice out strongly the requests for management to set very clear dividend policy. I will be there .

2022-05-20 08:46

stockraider

U go so far away to attend AGM, worth it meh ?

2022-05-20 08:59

ce0808

worth it if able to get confidents there

2022-05-20 09:04

stockraider

The sustainable price for cpo should be Rm 4000 to Rm 4500, even if it is Rm 4000, it is already a historical record high mah!

Of course 2022 is exceptional....its yr record high todate is above rm 8,000 mah!

The plantation valuation is modest....using cpo price of Rm 4000 despite now still above rm 6000 loh.....!

Thus alot of value in plantation stock mah!

2022-05-20 09:05

sethoylo

should payout at least 50% of its profit..

2022-05-20 10:16

stockraider

Good vibes loh!

Despite indo lift export ban which mean cpo price will fall......but the cpo price still shoot up mah!

2022-05-20 12:36

novice2020

FCPO price up, stock price down. Apa ini?

2022-05-24 12:57

novice2020

Good 2nd results. Cumulative EPS up to 2nd quarter is 14.1 cents. With remaining 2 quarters with higher production numbers ;may be at a lower CPO price, will the 2022's EPS surpass 2021's EPS?

2 quarters EPS of 14.1 cents for a share price of 92 cents, is this stock undervalue?

2022-07-26 13:58

markgold

This stock is undervalue but investors are not interested in this counter.

2022-07-27 09:29

StartOfTheBull

The same situation in the past. The management is quite conservative, EPS of 8c but no dividend declared, this could be the reason.

2022-07-27 09:41

treasure_seeker

yup, undervalue but it is all back to dividend policy

2022-07-27 23:05

Dakewlest

Kedekut dividen. No dividend policy?

2022-07-28 23:19

novice2020

Sekarang kedekut, sikit hari nanti, dividend akan jadi bagus. What counts is that the company is well-run and has a solid track records and strong financial position.

If CPO price will remain firm in the second half of 2022 as mentioned in the recent quarterly report, 2022's EPS will likely to surpass 2021's EPS.

Disclaimer: Invest based on your own judgement.

2022-07-29 10:00

Luen07

死气沉沉

2022-08-12 16:38

Michael Kwok

Buy q 42 cents.
Tp:46-48 cents
Cut loss 39 cents.
15/9/2022 8.38pm

2022-09-15 20:38

markgold

It is a very good small plantation counter but most of the investors are not interested.

2022-09-20 16:19

novice2020

1. The average CPO price for Q4 is about the same as Q3.
2. Q4 production figure is 10% higher than Q3

Considering points 1 and 2 above, what will be the estimated EPS for Q4? Another record earning in 2022?

2023-01-09 21:19

stockraider

Bonus coming loh!

2023-01-12 12:18

markgold

Hopefully higher dividend than last year.

2023-02-08 10:50

stockraider

Better dividend coming loh!

2023-02-11 10:06

sethoylo

6cents dividen!.. Plantation stock full of cash to distribute out.. safe stock to keep for long term...

2023-03-31 23:12

markgold

Dividen same as last year.

2023-04-03 09:39

novice2020

Will CPO price stay above RM4,000 throughout 2023? There could be a correlation between crude oil price and palm oil price. If Opec+ maintains a production level that keeps Crude oil price around USD 80 per barrel, there is a possibility that palm oil price will remain above RM 4000. Additionally, with high crude oil price Indonesia will increase the production of Biodiesel. The earning outlook for palm oil sector will likely remain positive going forward.
Please make your own judgement when investing.

2023-04-11 10:50

calvintaneng

JAYA TIASA (4383) LATEST RESULT SHOWS A HUGE SURPRISE JUMP IN PROFIT: UP BY 100% KUDOS TO YOUR EXCELLENT HARD, WELL DONE! WELL DONE!! WORK , Calvin Tan

https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2023-11-29-story-h-214097097-JAYA_TIASA_4383_LATEST_RESULT_SHOWS_A_HUGE_SURPRISE_JUMP_IN_PROFIT_UP_B

2023-11-29 04:28

Dehcomic01

MHC has Book Value of RM 1.37 per share. I estimated its EPV to be RM 0.80 per share based on its past decade of EPS and a 10% discount rate.

Based on Professor Bruce Greenwald Asset Value (AV) vs Earnings Power Value (EPV) analysis, this is a company with under-utilized assets. The under-utilization is worst if you assume that its Revised Book Value would be about double the Book Value. This was based on Boustead Plantation case where a recent valuation showed that the Revised Asset Value is about double the assets in the Book.

Greenwald actually used an updated basis to determine the AV. Accordingly we should be comparing the Revised BV of about RM 2.74 with the EPV of RM 0.80.

Unfortunately, the market doesn’t really look at Book Value but focus on earnings. Book Value comes into play only if there is some takeover or asset sale.

Moral of story? There are better Bursa plantation companies in terms of earnings if you want to invest in this sector https://www.youtube.com/watch?v=9KhboTCMdEg

2023-12-18 08:42

markgold

Better quarterly result than most of the plantation stocks but still not moving.

2024-03-01 11:05

StartOfTheBull

FCPO at one year high.

2024-03-13 22:44

diuleiloumei

6 sen div , faster grab

2024-04-01 09:02

chinkyli

Wah, kena trapped

2024-04-17 09:16

serbatipu

It star moving, qr coming soon.

2024-05-16 23:48

diuleiloumei

is it another proposed 6sen dividend , or previous one ?

2024-05-23 22:03

Robert Waters

I sold off at 97.5. Good luck to longs. May return at 5% discount later on. I do believe that the correction is coming.

3 weeks ago

speakup

Market will crash ke?

3 weeks ago

Robert Waters

Market valuation of MHC seems a bit rich to me. I got some on old orders in line up, and now sold at 0.99. Somehow I feel that pullback is coming. Not easy to be in the CPO business, after all. European environmentalists keep bashing this commodity.
Let us hope I can reenter at 0.95 in bigger way.

1 week ago

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