KIM LOONG RESOURCES BHD
KLSE (MYR): KMLOONG (5027)
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Last Price
2.51
Today's Change
0.00 (0.00%)
Day's Change
2.50 - 2.55
Trading Volume
143,700
Financial
Market Cap
Market Cap
2,454 Million
NOSH
978 Million
Latest Quarter
Latest Quarter
31-Jul-2024 [#2]
Announcement Date
27-Sep-2024
Next Quarter
31-Oct-2024
Est. Ann. Date
28-Dec-2024
Est. Ann. Due Date
30-Dec-2024
QoQ | YoY
-20.22% | -8.88%
T4Q Result
Revenue | NP to SH
1,608,162.000 | 161,859.000
RPS | P/RPS
164.48 Cent | 1.53
EPS | P/E | EY
16.55 Cent | 15.16 | 6.60%
DPS | DY | Payout %
12.93 Cent | 5.15% | 78.08%
NAPS | P/NAPS
0.92 | 2.74
QoQ | YoY
-2.32% | 8.97%
NP Margin | ROE
12.14% | 18.04%
F.Y. | Ann. Date
31-Jul-2024 | 27-Sep-2024
Latest Audited Result
Latest Audited Result
31-Jan-2024
Announcement Date
30-May-2024
Next Audited Result
31-Jan-2025
Est. Ann. Date
30-May-2025
Est. Ann. Due Date
30-Jul-2025
Annual (Unaudited)
Revenue | NP to SH
1,526,133.000 | 147,705.000
RPS | P/RPS
156.09 Cent | 1.61
EPS | P/E | EY
15.11 Cent | 16.62 | 6.02%
DPS | DY | Payout %
12.91 Cent | 5.14% | 85.45%
NAPS | P/NAPS
0.88 | 2.84
YoY
-9.14%
NP Margin | ROE
11.66% | 17.09%
F.Y. | Ann. Date
31-Jan-2024 | 26-Mar-2024
Annualized Result
Revenue | NP to SH
1,588,644.000 | 178,040.000
RPS | P/RPS
162.48 Cent | 1.54
EPS | P/E | EY
18.21 Cent | 13.78 | 7.25%
DPS | DY | Payout %
-
NAPS | P/NAPS
-
QoQ | YoY
-10.11% | 18.91%
NP Margin | ROE
13.47% | 19.85%
F.Y. | Ann. Date
31-Jul-2024 | 27-Sep-2024
Business Process
| Trailing 4 Quarters | Trailing 8 Quarters | |||
|---|---|---|---|---|
| Available Quarters | 4 Quarters | 8 Quarters | ||
| Continuous Quarters Of Revenue Growth | 2 / 4 | 50.00% | 2 / 8 | 25.00% |
| Total Positive Profit Years | 4 / 4 | 100.00% | 8 / 8 | 100.00% |
| Continuous Quarters Of Positive Profit | 4 / 4 | 100.00% | 8 / 8 | 100.00% |
| Continuous Quarters Of Profit Growth | 0 / 4 | 0.00% | 0 / 8 | 0.00% |
| Continuous Quarters Of Adjusted EPS Growth | 0 / 4 | 0.00% | 0 / 8 | 0.00% |
| Total Dividend Years | 3 / 4 | 75.00% | 6 / 8 | 75.00% |
| Continuous Quarters Of Dividend | 1 / 4 | 25.00% | 1 / 8 | 12.50% |
| Continuous Quarters Of Dividend Growth | 0 / 4 | 0.00% | 0 / 8 | 0.00% |
| Continuous Quarters Of Adjusted Dps Growth | 1 / 4 | 25.00% | 1 / 8 | 12.50% |
| Average ROE | 4.66% | 4.51% | ||
| Average Net Profit Margin | 12.07% | 11.79% | ||
| Last 5 Financial Years | Last 10 Financial Years | |||
|---|---|---|---|---|
| Available Years | 5 Years | 10 Years | ||
| Continuous Quarters Of Revenue Growth | 0 / 5 | 0.00% | 0 / 10 | 0.00% |
| Total Positive Profit Years | 5 / 5 | 100.00% | 10 / 10 | 100.00% |
| Continuous Quarters Of Positive Profit | 5 / 5 | 100.00% | 10 / 10 | 100.00% |
| Continuous Quarters Of Profit Growth | 0 / 5 | 0.00% | 0 / 10 | 0.00% |
| Continuous Quarters Of Adjusted EPS Growth | 0 / 5 | 0.00% | 0 / 10 | 0.00% |
| Total Dividend Years | 5 / 5 | 100.00% | 10 / 10 | 100.00% |
| Continuous Quarters Of Dividend | 5 / 5 | 100.00% | 10 / 10 | 100.00% |
| Continuous Quarters Of Dividend Growth | 0 / 5 | 0.00% | 0 / 10 | 0.00% |
| Continuous Quarters Of Adjusted Dps Growth | 0 / 5 | 0.00% | 0 / 10 | 0.00% |
| Average ROE | 14.39% | 13.32% | ||
| Average Net Profit Margin | 9.99% | 10.09% | ||
Key Result
| T4Q | Annualized | Annual (Unaudited) | Last 10 FY Average | Last 5 FY Average | |
|---|---|---|---|---|---|
| Revenue | 1,608,162 | 1,588,644 | 1,526,133 | 1,116,099 | 1,357,488 |
| NP to SH | 161,859 | 178,040 | 147,705 | 95,444 | 116,615 |
| Dividend | 126,383 | 97,509 | 126,207 | 83,246 | 105,537 |
| Adjusted EPS | 16.55 | 18.21 | 15.11 | 9.77 | 11.94 |
| Adjusted DPS | 12.93 | 9.97 | 12.91 | 8.52 | 10.80 |
NP to SH = Net Profit Attributable to Shareholder, EPS = Earning Per Share, DPS = Dividend Per Share
All figures in '000 unless specified.
EPS & DPS's figures in Cent.
Growth
| LQ QoQ | LQ YoY | CQ YoY | LQ vs Average of T4Q | LQ vs Average of T8Q | |
|---|---|---|---|---|---|
| Revenue | 4.52% | 5.27% | 11.52% | 0.97% | 2.94% |
| NP to Owner | -20.22% | -8.88% | 18.91% | -2.37% | 1.82% |
| Dividend | 0.00% | 0.74% | 0.74% | 54.31% | 43.67% |
| Adjusted EPS | -20.22% | -8.88% | 18.91% | -2.37% | 1.82% |
| Adjusted DPS | 0.00% | 0.74% | 0.74% | 54.31% | 43.67% |
LQ = Latest Quarter, CQ = Cumulative Quarter, T4Q = Trailing 4 Quarters, T8Q = Trailing 8 Quarters, QoQ = Quarter on Quarter, YoY = Year on Year
| T4Q vs LFY | T4Q vs AL5FY | T4Q vs AL10FY | AQR vs LFY | AQR vs AL5FY | AQR vs AL10FY | LFY YoY | LFY vs AL5FY | LFY vs AL10FY | |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 5.37% | 18.47% | 44.09% | 4.10% | 17.03% | 42.34% | -20.03% | 12.42% | 36.74% |
| NP to Owner | 9.58% | 38.80% | 69.59% | 20.54% | 52.67% | 86.54% | -9.14% | 26.66% | 54.76% |
| Dividend | 0.14% | 19.75% | 51.82% | -22.74% | -7.61% | 17.13% | -12.99% | 19.59% | 51.61% |
| Adjusted EPS | 9.58% | 38.80% | 69.59% | 20.54% | 52.67% | 86.54% | -9.14% | 26.66% | 54.76% |
| Adjusted DPS | 0.14% | 19.75% | 51.82% | -22.74% | -7.61% | 17.13% | -12.99% | 19.59% | 51.61% |
T4Q = Trailing 4 Quarters, T8Q = Trailing 8 Quarters, AL5FY = Average of Last 5 Financial Years, AL10FY = Average of Last 10 Financial Years, LFY = Latest Financial Year AQR = Annualized Quarter Result, YoY = Year on Year
Discussions
1 person likes this. Showing 50 of 473 comments
People like you and me saw that the share price of palm oil stocks goes up in the future. But the market lately had been acting funny in the sense that its selling heavily despite good quarterly results posted . It is evident in the charts itself. This stock is short sale sellable, so if most of them are dropping like a rock here, there might be short sellers who had waited on the other side of the trade as well and'd probably jumpstarted the sell off due to irrational exuberance for palm oil stocks super rosy projections, causing other investors to panic sell en masse here up to a certain point. You might want to check about the short interest on palm stocks on the day when they'd plunged from their highest point many weeks ago.
2022-05-21 12:26
The question is , who is behind the selling plunge jumpstarting here? Certainly not the average investor for sure. Most Malaysian investors and even local investment firms had no long time knowledge about short selling since restricted short selling on Bursa was just newly reintroduced this or last year. I suspect foreign investment firms with more short selling experience, analysis and capability are actually doing that. Otherwise who had the know how to short sell en masse at a certain perceived high point when everyone else sees no way of going down now but up? Think about it.
2022-05-21 12:34
Negative articles by local investment research analysts contribute to part of the fear sentiments to investors thus trigger the sell off of plantation stocks.
2022-05-21 13:13
Already superbull....talkkook no point mah!
The best time to invest in a good stock...is when it undergoes a temporary setback like UTDplant mah!
It is time to pick Utdplant mah!
Raider ask use lah!...Which plantation co can pays dividend of Rm 1.05 pa leh ?
Correctloh....very good points mah!
In fact u can still pick most of the plantations & win loh!
Posted by calvintaneng > 10 hours ago | Report Abuse
Note:
Malaysia newspapers and Investment papers should go interview all 42 listed palm oil companies and update their readers as Malaysia is world number two exporter of palm oil
in stead they shout Cpo prices going up next week. Or shout Cpo prices going to go down next week and such other useless information which are totally irrelevant to palm oil investors.
Ffb was Rm300 per ton in bleak times and now Ffb (fresh fruit bunches) have skyrocketed to Rm1500 a ton (up 500%)
so it is just nonsense to say it will drop by few ringgit this week and up a few ringgit next week
As long as Ffb is above Rm1,000 per ton all palm oil co enters Superbull!
2022-05-22 08:56
This company is an absolute cash cow.
When will IOICorp acquire this Kimloong instead of the garbage TSH Resources
2023-03-29 20:34
Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$â¬Â£Â¥
Security LastPr PE DY% Divcts ROE ttm-marg
KMLOONG (Plantation) 1.82 10.85 7.7 14 19.51 8.5
2023-03-30 16:13
Get ready for Round 2 of inflation. Oil, palm oil, sugar, coffee, gold, all commodities. Companies will keep chopping off workers, wage will stagnate, but food/agri prices will maintain high.
2023-04-03 11:58
This company can be worth more than RM3 billion in the next 3 years
2023-04-16 01:00
Good thing about KMLoong, they will know how to rise again no matter how bad the price was beaten down.
2023-06-09 09:53
Next quarterly EPS will be 2.5sen, I guess. Palm oil is also weakening back past few days.
2023-07-08 08:50
Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$â¬Â£Â¥
Kim Loong’s 1QFY24 exceeds expectations on better milling
BY RONNIE TEO ON JUNE 30, 2023, FRIDAY AT 3:20 PMBUSINESS
For the freshest news, join The Borneo Post's Telegram Channel and The Borneo Post on Newswav.
Kim Loong’s milling division accounted for 42.2 per cent of Kim Loong’s pre-tax profit in 1QFY24 while plantation made up a larger 57.8 per cent.
KUCHING (June 30): Sarawak-based Kim Loong Resources Bhd’s (Kim Loong) annualised results for the first quarter of financial year 2024 (1QFY24) exceeded expectations due to a higher than estimated milling pre-tax profit margin.
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AmInvestment Bank Bhd (AmInvestment Bank) recalled that Kim Loong raised the processing charge for its milling division by RM15 per tonne to a range of RM50 to RM75 per tonne in 2QFY22 due to higher costs of compliance and spare parts.
“Kim Loong’s 1QFY24 net profit slid by 19.7 per cent year on year (y-o-y) to RM31.5 million, dragged by lower palm product prices and higher costs of production,” it said yesterday.
“However, 1QFY24 gross profit margin grew to 18.1 per cent from 13.8 per cent in 1QFY12 as milling pre-tax profit margin expanded.”
Although fresh fruit bunch (FFB) production climbed by 19.2 per cent y-o-y in 1QFY24, AmInvestment Bank said this was not enough to offset the impact of the fall in crude palm oil (CPO) price.
To note, 1QFY24 average realised CPO price declined by 35.8 per cent to RM4,050 per tonne from RM6,309 per tonne in 1QFY23.
“On a positive note, the milling division’s 1QFY24 pre-tax profit doubled to RM21.7 million from RM11.1 million in 1QFY23, driven by an increase in processing margin,” AmInvestment Bank said.
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“The unit’s 1QFY24 pre-tax profit margin surged to 6.8 per cent from 2.2 per cent in 1QFY23. The milling division accounted for 42.2 per cent of Kim Loong’s pre-tax profit in 1QFY24 while plantation made up a larger 57.8 per cent.
“Comparing 1QFY24 against 4QFY23, Kim Loong’s net profit declined by 14.6 per cent quarter on quarter (q-o-q) to RM31.5 mil due to higher costs of production and lower FFB production.
“1QFY24 average realised CPO price inched up to RM4,050 per tonne from RM3,970 per tonne in 4QFY23. FFB production retreated by 12.4 per cents q-o-q in 1QFY24.”
Researchers with Malacca Securities Sdn Bhd (Malacca Securities) said that as of 1QFY24, Kim Loong’s total planted area stood at 15,940 hectares, which it saw was relatively unchanged from 4QFY23.
This comes as Kim Loong maintained a healthy tree profile (immature at five per cent, young mature at 19 per cent, prime mature at 26 per cent, old mature at 19 per cent and pre-replanting at 31 per cent).
It gathered that no re-planting activities took place during the quarter.
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“Although CPO prices hovered largely below our assumption of RM4,000 per nMT in 2023, we reckon that downside will be cushioned by the onset of the periodic dry weather phenomenon (El Nino) that threaten production,” Malacca Securities said.
“According to the Environment Minister Nik Nazmi Nik Ahmad, this phenomenon may extend into April 2024.
“Still, we expect upsides to be capped as demand may remain sluggish, owing to the worsening of global economic outlook, persistently high inflation and elevated
interest rates environment.
“Given the reported earnings came largely in line, we made no changes to our earnings forecast for Kim Loong as we expect CPO prices is expected to trade at an average RM3,500 to RM4,000 per metric tonne for the remainder of the year.”
2023-07-16 09:27
Crude palm oil prices face an upside risk due to the continuing Russia-Ukraine war, Affin Hwang IB analysts Nadia Aquidah, Steven Chan and Andrew Lim say in a note. Uncertainties due to the war can disrupt global grain supply, pushing vegetable oils prices higher, they say. Global warming can also disrupt crop production yields and make prices volatile, they add. The analysts maintain CPO price estimates for 2023 at MYR3,800/ton-MYR4,000/ton and for 2024 at MYR4,200/ton-MYR4,400/ton. They reckon that the plantation sector's earnings will grow by around 4%-5% with every MYR100/ton increase in CPO prices. They maintain a neutral rating on the sector and select Kuala Lumpur Kepong and Jaya Tiasa Holdings as their top picks
2023-08-09 20:11
From a ROE perspective, Kim Loong had achieved better returns than my 2 reference Bursa Plantation companies – KLK and BPlant. https://www.youtube.com/watch?v=9KhboTCMdEg
But when you look at the price trend, the current price is about the past decade high. You might have missed the boat.
2023-12-04 09:30
already break all time high on chart adjusted for dividend .. soon will up fast
2024-01-19 10:11
why did this stock have a drop in its price this week? what went wrong?
2024-02-01 14:50
Simple. Pure manipulation, I would buy anything if it drops below RM2.00
2024-02-01 16:12
Bro, not manipulation la. It drops becoz FCPO drop like shit 3 trading days consecutively last week. More than RM150 gone. From shouting and screaming RM4k it’s now RM3764. Golden Dragon consider ok already still can maintain at this RM2.09…
2024-02-03 17:18
AN INTERESTING DISCOVERY: WHY MR GOOI SEONG GUM (DIRECTOR OF KMLOONG & CRESCENDO) BOUGHT 3 MILLION RSAWIT SHARES IN YEAR 2020, By Calvin Tan
https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2024-04-09-story-h-184552044-AN_INTERESTING_DISCOVERY_WHY_MR_GOOI_SEONG_GUM_DIRECTOR_OF_KMLOONG_CRES
2024-04-09 05:47
many did not notice this very geng chao company still. Div yield above 5%, profit growth ok, financial health ok.
But recently something interesting happen. Company now hold around RM400mil cash & short term funds, they go issue IMTN 500mil. Something big must be in their mind for this capital exercise. Anyway their annual cashflows from operation above 200mil, no stress at all to borrow this 500mil for something interesting, hopefully use the money for super growth for future. Thankful for this
2024-08-02 00:52
Kmloong Qtr to Qtr FFB up 6.9%
See
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3463556
2024-08-02 01:09
RSAWIT QTR TO QTR FFB UP A WHOPPING 30.41% (VERY SUPERIOR)
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3467717
2024-08-02 01:10
hey calvin greetings..... ur promoting rsawait in kmloong forum ah? rsawit last qyr made a loss of RM10m woooo how? got hope or not? also last 3 yrs price high only 29c with low of 14c....... hmmm amacam? do they have land holdings :-) cheers
2024-08-02 02:34
Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$â¬Â£Â¥
FYE JAN 2024
INCOME STATEMENT
Rev 1526m
Gross Income 276m
EBIT 219m
Interest exp 2m
PBT 232m
PAT 148m
BALANCE SHEET
CA 514M
TA 1257M
CL 149m
TL 276m
TEq 980m
Cash 419m
ST Debt 16m
LT Debt 35m
CASH FLOW STATEMENT
FFO 235m
NOCF 235m
CAPEX (45m)
Cash Dividends 145m
FCF 190m
FCF Yield 2.28%
FINANCIAL DATA
PRICE 2.45
Market Cap 2.393b
No of Share 976.76
ROE 19.28% P/B 2.78 NTA 0.88
EPS 16.97 sen PER 14.44
Dividend 13 sen
DY 5.31%
FCF 226.28m
Net Cash RM 379.76m (16%)
Net Cash per share RM 0.39
2024-09-10 16:59
Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$â¬Â£Â¥
GOOD/GREAT COMPANY
2024-09-10 18:01
super growth stock .. too steady .. good dividend yield .. good for long term (unless share price rise sharply ..)
2 months ago
Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$â¬Â£Â¥
Quality
FY 2024
Annual revenue 1.5B 5Yr CAGR 11.8%
PAT 148m 5Yr CAGR 23.2%
Management
Net Profit Margin 9.7%
ROE 18%
Valuation
PE 14.5
DY 5.45% (DPO 88%)
P/B 2.59
25.10.2024
Price today 2.38 per share
Market Cap 2.326b
Number of share 977.23m
Comments:
Revenues and earnings growing consistently from 2020 to 2023. Profit declined 33% Y-o-Y in 2024 cf with 2023, due to lower CPO prices.
Its net profit margins grew from 8.1% in FY 22 to 9.7% in 24. In 2025, 1H year showed net profit margins of 11.2%.
Its PE from 2022 to 2025: In 2020, its PE was the highest at 31.25. PE shrunk to 14 in 2022. Between 2022 to 2025, its PE ranged from 10 to 14. Its PE today is 14.37.
Its share price had risen from 50 sen in 2021 to RM 2.380 today. Share price has risen due to better earnings (increasing EPS, fundamentals) and also due to PE expansion (from PE 10 to PE 14, sentiment).
Dividends paid fluctuated over the years, though these were higher since 2020. It has paid dividends continuously over the last 17 years.
1 month ago
Total 1 year dividend 18 sen vs Sarawak Plantation 20 sen. Furthermore have WB to dilute EPS.
3 weeks ago
Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$â¬Â£Â¥
Over the past decade, Kim Loong Resources has consistently generated strong free cash flow, driven by solid operational performance. In 2023, the company reported a free cash flow of approximately RM 149 million
The trend has been relatively stable, with fluctuations due to market conditions such as commodity prices. Over the years, Kim Loong's focus on maintaining efficient operations has allowed it to sustain healthy cash flow, supporting dividends and capital expenditures.
3 weeks ago
Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$â¬Â£Â¥
Kim Loong Resources appears to be a stable, income-generating company with a focus on sustainability and responsible practices. It may appeal to dividend investors or those seeking a low-risk, long-term holding. However, its performance is closely tied to commodity cycles, and potential investors should consider this risk before making an investment decision.
3 weeks ago
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Kenokaya
Why today all plantation stock drop?
2022-05-09 09:41