PINEHILL PACIFIC BERHAD

KLSE (MYR): PINEPAC (1902)

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Last Price

0.29

Today's Change

+0.005 (1.75%)

Day's Change

0.28 - 0.29

Trading Volume

27,000

Overview

Market Cap

43 Million

NOSH

150 Million

Avg Volume (4 weeks)

16,965

4 Weeks Range

0.26 - 0.30

4 Weeks Price Volatility (%)

75.00%

52 Weeks Range

0.26 - 0.38

52 Weeks Price Volatility (%)

25.00%

Previous Close

0.285

Open

0.29

Bid

0.28 x 10,000

Ask

0.295 x 25,000

Day's Range

0.28 - 0.29

Trading Volume

27,000

Financial Highlight

Latest Quarter | Ann. Date

30-Sep-2024 [#1] | 28-Nov-2024

Next QR | Est. Ann. Date

31-Dec-2024 | 26-Feb-2025

T4Q P/E | EY

-5.15 | -19.43%

T4Q DY | Payout %

0.00% | 0.00%

T4Q NAPS | P/NAPS

1.09 | 0.27

T4Q NP Margin | ROE

-805.39% | -5.17%

Market Buzz
News and Blogs

No result.

Company Profile

Sector: PLANTATION

Sector: PLANTATION

Subsector: PLANTATION

Subsector: PLANTATION

Description:

Pinehill Pacific Bhd operates as an investment holding company, which engages in the development and operation of palm oil plantation. It operates through the Plantation and Investment Holding segments. The Plantation segment which contributes majority revenue engages in the business of cultivation of oil palm and processing of palm oil and offers crude palm oil, palm kernel and other oil palm products for sale. The Investment Holding segment invests and provides management services.

Discussions
2 people like this. Showing 50 of 1,054 comments

alan55

directors and staff continue to take fat salary at expense of minority shareholders. We go in big number to fire them at next AGM and ask them to step down and appoint professionals to manage
wtf

2021-07-23 16:15

ahgorgor

Start moving, news coming ;)

2021-07-25 16:40

ahgorgor

1 more month to go....to seek for time extension

2021-08-01 16:42

noluxk11

wht do you mean ahgorgor?

2021-08-02 11:17

ahgorgor

They may submit request to Bursa to seek for further time extension beyond 2 Sept

2021-08-02 19:34

noluxk11

i think so hmm

2021-08-03 11:56

GTMS

lousai stock

2021-08-15 20:32

charlie chia

Today wake up
Hope to continue tomorrow

2021-09-09 20:28

charlie chia

Wake wake wakE

2021-09-14 12:58

SpicyMcDeluxe

kekew

2021-09-21 16:07

ahgorgor

Any news

2021-09-22 21:09

ahgorgor

Consolidation for next upside

2021-09-26 12:08

ahgorgor

Bila nak limit up

2021-09-29 20:49

SpicyMcDeluxe

kekw

2021-10-07 09:11

Kinos

Operators are accumulating..

2021-10-07 21:16

Kinos

Will rocket Soon

2021-10-07 21:17

ahgorgor

today close high, tomorrow limit up

2021-10-11 20:13

thandapani

what is the lowest

2021-10-12 21:48

Punterman

Pinepac is mulling doing selective capital reduction & repayment (SCR). Cash repayment 80sen per share and delist from Bursa Malaysia.

2021-10-12 22:05

charlie chia

Are you sure or not SCR at 80 Cts
Now only 57 Cts,
Tomorrow still can buy still have 40% profit

2021-10-12 22:11

Punterman

Since Pinepac can't find new business to. Pinepac current cash on hand is around RM120Million. It is mulling doing selective capital reduction & repayment (SCR).

2021-10-12 22:16

charlie chia

I don't think the BOD will give in on this idea
They will find ways to inject in some rotten business for their own benefit

2021-10-12 22:19

scjm

mid term target 70 sen presently plantation sector is weak due to profit taking

2021-10-13 09:55

Punterman

Just wait patiently, good news will out soon.

2021-10-13 10:04

Punterman

Pinepac will announce selective capital reduction & repayment (SCR). Share price slowly up.

2021-10-13 11:06

scjm

tp1 59.5 and if break out then next level is 65

2021-10-13 11:07

Punterman

Pinepac 60sen now.

2021-10-13 11:58

scjm

the sector is now bullish liao

2021-10-13 12:02

alan55

Let us attend the AGM to fire them for the mismanagement and lackadaisical attitude to identify new businesses for past 2 years.
Every quarter bleeding.

2021-10-13 12:54

awesome20

nice one swing from 0.520/0.525 level

2021-10-13 18:44

Punterman

Pinepac target 80sen. waiting selective capital reduction & repayment (SCR).

2021-10-14 08:10

ahgorgor

@ Punterman How do you know?

2021-10-14 11:21

alan55

may be he dreamt that co will give special dividend....haha

2021-10-14 19:13

scjm

last candle closed showed buying has somewhat tapered and selling is gaining strength; thus a retracement is imminent and likely to break down the 58 support

2021-10-16 09:57

ahgorgor

SCR, RTO or regularisation plan or status quo no plan, who knows?

2021-10-16 13:18

yong1985cm

by 2/3/2022, they need to announced the regularisation plan.

2022-01-14 15:02

charlie chia

Coming

2022-02-11 16:23

ahgorgor

How many time want to extend, hope bursa disallow this time

2022-02-15 20:43

fruitcake

all plantation stocks up except this sweet potato plantation

2022-03-04 14:40

charlie chia

Already Long neck, when are you going to the Moon

2022-04-09 18:48

ahgorgor

sitting on cash, paying director fee every months, losing monthly every quarter...lousy counter

2022-04-24 12:32

Vijai Deb Palta

A friend today asked me why would companys like Blue Dart etc de-list, i dint know the answer, searched for it and some googling gave the following possible reasons, any more possible reasons for the same are welcome
High promoter holding say 70%, will lead the promoters to think, why comply with all the listing requirements quarterly publishing of results, communication, analyst questions etc for the remaining 30% of the shares only, better to keep it in our own hands
If the company has now further plans of raising capital, then it might not make sense for them to remain listed, like most of the foreign MNC do for their Indian subsidiaries, when they feel that no more capital will be ever required by the business, they go for de-listing.
A company feels that they are undervalued and after trying to communicate the strength of their projects to the market, the fail to elicit the valuations, it would be better for them to de-list and rather go in for a PE funding/Private transaction in case future capital is required because the deal value will not be biased by the CMP.

2022-04-29 13:52

yong1985cm

Pinehil does not has any shareholder own the shares more than 70%

2022-04-29 16:46

ahgorgor

Due date for regularisation plan in early Sep 2022

2022-07-05 20:31

yong1985cm

it could extend again. malaysia boleh

2022-07-21 17:56

yong1985cm

declare 3 cent dividend for the very 1st time.

2022-09-01 11:05

VijaiDeb

How many times and years is KLSE going to grant extention which depletes the Cash in hand. At this rate all monies will be slowly diverted to Indonesian plantations and eventually Malaysian small shareholders will get nothing.

2023-02-28 13:56

VijaiDeb

Three and half years have gone by and still no viable bussiness to be found in Malaysia.
Another extention in the offering by KLSE.

2023-04-01 18:13

followKing

Is me.... HIA!
MALAYSIA BOLEH.... EXTEND AGAIN!

2023-08-21 21:24

Dehcomic01

According to Professor Damodaran, when you analyse cyclical companies, you have to look at the performance over the cycle. This is because the performance at any one time depends on where they in the cycle. Extrapolating from the current performance will lead to a misleading picture.

The palm oil sector is cyclical. As such when I look at the performance of plantation companies, I look at the past decade or more results to get the cyclical picture.
A good example is Pinehill Pacific, a Bursa plantation company. You can see from the chart that over the past 2 decades there was only one year with positive ROE. https://i.postimg.cc/0NgdV3YN/Pinehill.png

This is a terrible cyclical performance from a fundamental perspective. Why invest when there are better Bursa plantation companies? https://www.malaysiastock.biz/Blog/BlogArticle.aspx?tid=27266

2023-12-26 10:09

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