CHIN TECK PLANTATIONS BHD
KLSE (MYR): CHINTEK (1929)
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Last Price
7.90
Today's Change
+0.04 (0.51%)
Day's Change
7.90 - 7.90
Trading Volume
10,700
Financial
Market Cap
722 Million
NOSH
91 Million
Latest Quarter
31-Aug-2024 [#4]
Announcement Date
29-Oct-2024
Next Quarter
30-Nov-2024
Est. Ann. Date
29-Jan-2025
Est. Ann. Due Date
29-Jan-2025
QoQ | YoY
-0.67% | 64.32%
Revenue | NP to SH
264,859.000 | 87,345.000
RPS | P/RPS
289.90 Cent | 2.73
EPS | P/E | EY
95.60 Cent | 8.26 | 12.10%
DPS | DY | Payout %
40.00 Cent | 5.06% | 41.84%
NAPS | P/NAPS
9.92 | 0.80
QoQ | YoY
11.23% | 63.66%
NP Margin | ROE
32.98% | 9.64%
F.Y. | Ann. Date
31-Aug-2024 | 29-Oct-2024
Latest Audited Result
31-Aug-2023
Announcement Date
29-Dec-2023
Next Audited Result
31-Aug-2024
Est. Ann. Date
29-Dec-2024
Est. Ann. Due Date
27-Feb-2025
Revenue | NP to SH
264,859.000 | 87,345.000
RPS | P/RPS
289.90 Cent | 2.73
EPS | P/E | EY
95.60 Cent | 8.26 | 12.10%
DPS | DY | Payout %
40.00 Cent | 5.06% | 41.84%
NAPS | P/NAPS
9.92 | 0.80
YoY
63.66%
NP Margin | ROE
32.98% | 9.64%
F.Y. | Ann. Date
31-Aug-2024 | 29-Oct-2024
Revenue | NP to SH
264,859.000 | 87,345.000
RPS | P/RPS
289.90 Cent | 2.73
EPS | P/E | EY
95.60 Cent | 8.26 | 12.10%
DPS | DY | Payout %
-
NAPS | P/NAPS
-
QoQ | YoY
1.08% | 63.66%
NP Margin | ROE
32.98% | 9.64%
F.Y. | Ann. Date
31-Aug-2024 | 29-Oct-2024
Hints :
Click the QoQ or YoY on table to view the QoQ or YoY Financial Result page.
Click the QoQ or YoY on table to view the QoQ or YoY Financial Result page.
Date
Financial Result
Financial Ratio
Per Share Item
Performance
Valuation (End of Quarter)
Valuation (Ann. Date)
| Date | Financial Result | Financial Ratio | Per Share Item | Performance | Valuation (End of Quarter) | Valuation (Ann. Date) | |||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| F.Y. | Ann. Date | Quarter | # | Revenue | PBT | NP | NP to SH | Div | Net Worth | Div Payout % | NP Margin | ROE | NOSH | RPS | Adj. RPS | EPS | Adj. EPS | DPS | Adj. DPS | NAPS | Adj. NAPS | QoQ | YoY | EOQ Date | EOQ Price | EOQ P/RPS | EOQ P/EPS | EOQ P/NAPS | EOQ EY | EOQ DY | ANN Date | ANN Price | ANN P/RPS | ANN P/EPS | ANN P/NAPS | ANN EY | ANN DY |
PBT = Profit before Tax, NP = Net Profit, NP to SH = Net Profit Attributable to Shareholder, Div = Dividend, NP Margin = Net Profit Margin, ROE = Return on Equity, NOSH = Number of Shares, RPS = Revenue per Share, EPS = Earning Per Share, DPS = Dividend Per Share, NAPS = Net Asset Per Share, EOQ = End of Quarter, ANN = Announcement, P/RPS = Price/Revenue per Share, P/EPS = Price/Earning per Share, P/NAPS = Price/Net Asset per Share, EY = Earning Yield, DY = Dividend Yield.
NOSH is estimated based on the NP to SH and EPS. Div is an estimated figure based on the DPS and NOSH. Net Worth is an estimated figure based on the NAPS and NOSH.
Div Payout %, NP Margin, ROE, DY, QoQ ⃤ & YoY ⃤ figures in Percentage; RPS, EPS & DPS's figures in Cent; and NAPS's figures in Dollar.
All figures in '000 unless specified.
Discussions
2 people like this. Showing 50 of 132 comments
intrinsic99
See what you posted
Posted by Intrinsic99 > Mar 7, 2021 1:14 PM | Report Abuse
Hello, good afternoon every lover members.
I am new member here, I will appreciate all my senior fellow members here can give some golden advise to invest and to earn substantial profit at the equity market. Thank you very much.
YOU CONFESSED YOU ARE A NEW MEMBER HERE.
SO YOU BETTER LEARN FROM THOSE WHO KNOW BEST
SEE
Johnzhang @intrinsic99, this is for you just in case you missed it
https://themalaysianreserve.com/2021/11/16/strong-3q-earnings-expected...
17/11/2021 3:12 PM
2021-11-17 16:11
I only study the top 5 stocks, Simeplnt, KLK, IOI, PPB,Genp as the market reference. What can you see on the individual stock's chart?
If you can't understand the simple chart then you better don't come out and con all members here
2021-11-17 16:41
I this company is doing well because it is purely FFB sales company. It seems everyone had missed their bullet in other plantation and forget about this. This company share price so cantik!
2022-06-05 22:47
Buy and keep it in your safety box
Hidden gem!
EPS 101.46
PE ratio 9.46 (low)
Dividend yield ...bout 6%
Highly undervalued
Cash rich assets
Rich land banks
2022-06-08 21:00
July quarterly report will be excellent!
Anticipating high dividend payout....
2022-06-08 21:02
Oops
Sorry....
Financial year August 2022
Expected EPS 140
First interim dividend 13 cents
Expected final dividend 47 cents
Dividend yield 6%
The Prime landbanks in Bandar Sri Sendayan was bought at RM5773 per acre in 1970
Currently worth bout 0.5 million per acre
Chintek has a nett cash of 385 million!!!
2022-06-12 21:04
Chin Tek Plantation: Stocks to Watch in mid Q3 2022
Good production figures to boost Chin Tek Plantation’s net profit.
2022-06-12 21:13
Nett cash of 385 million! CHINTEK is the winner of interest rate hike! Hold tight tight!
Superbull star!
Dun miss the opportunity of your lifetime!
Never unload...
Never let go...
Till the volcano erupts!
2022-06-15 20:13
Must have independent thinking...@DJThong
To be a successful investor,
Needs...
Patience...
Rome is not built in one day!
Courage...
Optimistism n wisdom
Good Luck
2022-07-02 15:39
To be a successful investor
Buy when stocks are low n undervalued!
1. Cash rich assets company
2. High dividend yield
3. Buy if price is undervalue...
Dun chase chase to new high!
2022-07-03 00:00
Price 8.40-8.46.Downgrade chinteck below rm 6.along the way 6-15 % upward.
30/8/2022 10.42pm.
2022-08-30 22:43
Where is all the people who were asking us to buy buy and saying a dividend of 47cents will be given BUT we got 29cents. I sent a email to CHINTEK asking is true that they plan to unlock land value near SENDAYAN. Already 6 days but no reply. Only now i realize that these crooks wanted to throw their shares bought cheaply and disposed to us at a high price. Karma will hit these crooks very very hard. No worries as we have God to protect us. Cheers.
2022-09-12 13:32
Glove 2.0 ! Later all farmer will sell at net loss cost when ASP drop to below rm 2500 per tonne at year end !
2022-09-26 13:51
Chin Teck – an irrational market?
Over the past decade the market has not always been rational as can been seen from the comparison between the ROE and market price. You can see that in 2018 when the ROE was at its high, the market price continued with its downtrend.
The current ROE is lower than the 2022 peak. While the market price had declined, it has not reached the 2019 lows. https://i.postimg.cc/50NzFvx0/ChinTek.png
From a fundamental perspective, Chin Teck performance lies in between my 2 Bursa plantation references – BPlant and KLK. I would not rate its fundamentals as fantastic.
So, not so fantastic fundamentals and a harder to read market behaviour. Is this an investment opportunity?
For more insights of the Bursa plantation sector go to https://www.youtube.com/watch?v=9KhboTCMdEg
2023-11-10 09:44
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
CHIN TECK PLANTATIONS BERHAD - 65th Annual General Meeting
Date : 30 Jan 2024
Time : 10.30am
Type : Virtual
Join meeting at : https://sinthye-online.d-agm.com/
2024-01-10 23:51
Cold ...very cold counter!
Nothing exciting!
Low dividend
No bonus
Directors
Please give higher dividend n declare bonus issues
We are waiting!
2024-02-11 10:18
KUALA LUMPUR (Mar 25): Given the steep discount to its underlying value, oil palm planter Chin Teck Plantations Bhd may stand to be privatised in the future, according to PublicInvest Research.
In a research note on Monday, PublicInvest Research said the group is currently trading at an undemanding valuation of only 2.6 times historical price-to-earnings (P/E) ratio multiple or discounted price-to-book (P/B) ratio of 0.79 times, based on its financial results for the financial year 2023 (FY23).
Furthermore, the plantation group was also noted to be sitting on a cash position of RM408 million with zero gearing. It also owns investment securities worth RM132 million.
"Assuming our current valuation of 11 times FY25 EPS (earnings per share) for the upstream plantation business plus the liquid assets (cash + investment securities for bond and equity instruments) totalling RM540 million, the fair value of the company could be worth more than RM900 million or RM9.84 per share," it said.
"Given steep discount to its underlying value, we do not rule out the possibility of privatisation in the future," the research house added
2024-04-09 19:01
KUALA LUMPUR (April 25): Chin Teck Plantations Bhd’s net profit surged sevenfold for the financial quarter ended Feb 29, 2024 (2QFY2024) thanks to higher palm oil production as well as lower operating and administrative expenses.
Net profit leapt by 612.2% to RM20.8 million from RM2.92 million a year earlier. Quarterly revenue increased by 11.1% year-on-year (y-o-y) to RM51.26 million from RM46.14 million, thanks to increased sales volume of fresh fruit bunches (FFB), crude palm oil (CPO) and palm kernels (PK).
2024-04-28 07:27
Chin Teck Plantations - Bolstered by Lower CPO Production Cost
Date: 2024-04-26
Firm: PUBLIC BANK
Stock: CHINTEK
Price Target: 8.38
Price Call: HOLD
Last Price: 7.67
Upside/Downside:
+0.71 (9.26%)
Stripping out i) foreign exchange gain (RM2.9m) and ii) net fair value gain on investment securities (RM3m), Chin Teck Plantations posted 1HFY24 core earnings of RM36.3m, up 12.7% YoY. The better results were in line with our and the street full-year expectations, making up 46% and 56%, respectively. In view of the stronger-than-expected results, we raise our FY24-26F earnings projection by 7-8% to account for improved OER and lower production cost. Maintain Neutral with a higher TP of RM8.38. No dividend was declared for the quarter.
2024-04-28 19:49
KUALA LUMPUR: Chin Teck Plantations Bhd is projected to achieve commendable results for its financial year 2024 (FY24), due to the stronger-than-anticipated fresh fruit bunches (FFB) growth in the first nine months and stable crude palm oil (CPO) prices.
Public Investment Bank Bhd (PublicInvest) said the FFB production rose by 19.9 per cent year-on-year (YoY) to 177,967 metric tons in the first nine months, surpassing its projection of 5 per cent.
"In the third quarter (3Q), FFB production surged by 59.8 per cent YoY to 60,693 metric tons, while the average CPO price increased from RM4,044 per metric ton to RM4,128 per metric ton.
"Given the improved FFB production and CPO prices, we anticipate stronger earnings for the third quarter of the of the financial year 2024 (3QFY24) (March 2024–May 2024), with results expected to be released by the end of July," it said.
Additionally, the bank-backed research firm noted that, with a substantial cash reserve of over RM400 million, Chin Teck is well-positioned to explore merger and acquisition (M&A) opportunities to expand its landbank in its current plantation areas.
On the potential privatisation of the company, PublicInvest said it cannot be ruled out given the significant discount to its underlying value, as the company's price-to-earnings P/E ratio stands at only 2x after accounting for its cash holdings of RM409 million and investment securities of RM140 million.
"In our March 25, 2024 report, we highlighted the potential for privatisation due to the significant discount to the company's underlying value, with the fair value estimated at over RM900 million, or RM9.84 per share.
"At the current share price, the Goh family would need approximately RM150–200 million to privatise the group, which holds a cash reserve of RM409 million," it said.
PublicInvest has maintained a 'neutral' rating for Chin Teck with an unchanged target price of RM8.38.
2024-06-29 17:22
RESULTS OF UNITED PLANT, CHINTECK PLANTATION & SARAWAK OIL PALM TELL US THAT WE SHOULD UPGRADE PALM OIL TO OVERWEIGHT, Calvin Tan
https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2024-07-31-story-h-155263555-RESULTS_OF_UNITED_PLANT_CHINTECK_PLANTATION_TELL_US_THAT_WE_SHOULD_UPGR
2024-07-31 07:32
TSH VERY SAFE
TRUMP IN POWER: TECH IN TROUBLE (A Prudent Person Foresees Danger & Hide himself, Calvin Tan
https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2024-07-31-story-h-155265511-TRUMP_IN_POWER_TECH_IN_TROUBLE_A_Prudent_Person_Foresees_Danger_Hide_hi
2024-07-31 07:32
Any chance the directors declare dividend payment on or before 31Dec 24 to avoid dividend tax ?
2 months ago
October 30 th
Quarterly report out
Chintek is cash rich!
Hopefully directors will declare a big special dividend before end of 2024 in view of the 2% dividend tax!
1 month ago
Hopefully Directors will declare a big dividend n bonus issue end of December or early January!
1 month ago
Normally dividend is announced on 3 rd Jan
Ex. Date on 18 th Jan
This year
Hopefully this year announced n ex date before end of December to avoid the 2% tax!
1 month ago
CPO moving up
Now can see more n more buyers in plantation stocks!
Taann very strong! Jtiasa oso strong! Hopefully Chintek gives good dividend n bonus issues or share split!
1 month ago
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CS Tan
4.9 / 5.0
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....
Intrinsic99
When promoter always so much of sweat talk so much of approach for sure this iddiot spammer wanted to cash out from the stock purchased
Other members also buying valuable stocks but not behave like this iddiot spammer
We all feel ridiculous nonstop posting nonstop promoting
As I said earlier, if you so confidence to wait and if you so confidence what you invest why everyday need to promote, why everyday put up so many blog, why everyday go different stocks forum keep on promoting your palm oil stocks?
This is very obvious you desperately want to cash out your share bought and treat other members as waterfish.
Now all open your eye and see this iddiot spammer sold all MHC stock since this iddiot spammer so confidence about the palm oil sector earlier and keep on promoting to all members everywhere.
https://klse.i3investor.com/servlets/forum/600571451.jsp
>>>
I so pity members here listen to this iddiot end up you can burn you hard earned money and this iddiot laughing at you later.
In the real world, no free lunch to people unless you want to take advantage from others
I don't know why 3iii administrator didn't take any action to suspend this iddiot account to avoid further keep on spamming everyday and every way
I pegging administrator need to take proper action against this spammer in order to strengthen protection more and more victim investors.
2021-11-17 14:03