KLSE (MYR): SWKPLNT (5135)
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Last Price
2.29
Today's Change
-0.05 (2.14%)
Day's Change
2.29 - 2.32
Trading Volume
135,400
Exchange: Bursa Malaysia Bursa Malaysia
Country Code: MY MY
Currency: MYR MYR
Sector: PLANTATION PLANTATION
Subsector: PLANTATION PLANTATION
Index Group: PLANTATION PLANTATION
Category: ORDINARY SHARE ORDINARY SHARE
Syariah Flag: Yes Yes
Short Sell Flag: Yes Yes
IDSS Flag: Yes Yes
Sarawak Plantation Bhd is an investment holding company. It is engaged in the cultivation of oil palm and processing of fresh fruit bunches oil palm into crude palm oil and palm kernel. Other businesses include seed production, cattle integration, provision of laboratory and management services and property investment. The group has three reportable segments: Investment holding; Oil palm operations and Management services and rental. Sarawak generates most of its revenue from Oil palm operations.
Lot 1174, Block 9 MCLD Miri Waterfront, Miri, Sarawak 98000, Malaysia
+6085413814
IPO price was RM3 back in 2007. Making money with dividend every year with record profit this year. Of course we hope to buy it cheaper but at current price is already a steal. Stock market is really heaven for savvy and deep pocket investors. All they have to do is buy good undervalued shares, collect dividends and wait. Let good people manage the company for them. Just like Warren Buffett. Piece of cake.
2022-07-26 16:07
Is Q2 earning bad ? I don’t think so.
Q2 earnings is affected by about $11 mil charged in fair value change in biological assets which is non cash. , non operating but merely accounting for unharvested crops.
Without considering this , EPS could have been about 14sen instead of 10.75sen.
2022-08-27 10:01
EPS 1H 26.28sen
Forecast FY2022. 48sen.
Prospective PE only 4.6x is ridiculously undervalued.
2022-08-27 10:06
Swkpltn should at least pay 10sen interim dividend lah. Taann is paying 15sen 3rd interim!
2022-08-29 17:35
Downgrade sarawak plant below rm 1.60
Sell call 2.13-2.17
30/8/2022
10.57pm
2022-08-30 22:57
Looking at Ta ann"s result and dividend, looks like they may have neglected and dianak tirikan SWKPLT. Sarawak state govt, are you watching? Time to find somebody else to manage the company. Your 25.5% stake may not be well taken care of.
2022-09-01 09:09
10 sen dividend announced ex-date 22 Dec 22 and payment date 19th Jan 2023 just before CNY.
2022-11-29 13:00
MANAGEMENT REVIEW & ANALYSIS
BY THE EXECUTIVE DIRECTOR
OVERVIEW OF BUSINESS AND OPERATION
Core Businesses
Oil Palm Plantation and Mill Operation
Sarawak Plantation Group’s principal businesses are
cultivation of oil palm and processing of fresh fruit bunches
(FFB) into crude palm oil (CPO) and palm kernel (PK). The
oil palm business has two core operations, namely estate
operation and mill operation. This contributes over 99% of
the Group’s revenue and earnings. The Group owns 13 oil
palm estates with total land bank of 42,185 hectares (ha).
SARAWAK PLANTATION BERHAD | ANNUAL REPORT 2022 27
In the year under review, the total plantable hectarage
was 35,656 ha. In addition, the Group also has another
estate with the size of 412 ha (planted 405 ha) under a
joint venture with one of the Sarawak State Agencies.
The Group owns and operates 2 palm oil mills located
at Niah and Mukah, respectively. During the current
financial year, Niah Palm Oil Mill’s capacity was
expanded from 60 metric tonne per hour (mt/hr) to
80 mt/hr, leading to the Group’s total milling capacity
of 140 mt/hr.
2023-04-20 14:31
After underperfoming for many years, the ROE of Sarawak Plantation (SWKPLNT) managed to overtake that of KLK in 2019. It peaked in 2021 and then began to go below that of KLK in 2022. https://i.postimg.cc/sXnFvbf0/SWKPLNT.png
SWKPLNT share price seemed to mirror the ROE performance since 2019. You can see the share price peaking in 2021 and is today below the 2021 peak.
From a ROE perspective, SWKPLNT was not able to consistently outperform KLK, my reference Bursa plantation company. https://ujianehc.blogspot.com/2023/11/bursa-plantation-sector.html
Given the mirroring feature of the share price, I am not sure that this is a counter worth digging further into. From a value investing perspective, I will dig further if the price drops to the 2018 level. Then I am confident that there will be a margin of safety.
2024-01-23 12:03
MONTHLY PRODUCTION FIGURES (MINING / PLANTATION / TIMBER)
SARAWAK PLANTATION BERHAD
Type Announcement
Subject MONTHLY PRODUCTION FIGURES (MINING / PLANTATION / TIMBER)
Description
The information below shows the production figures of Sarawak Plantation Berhad for the month of January 2024
PRODUCT METRIC TONNE
FFB 24,665.55
CPO 9,980.72
PK 2,157.94
https://www.klsescreener.com/v2/announcements/view/6352509
2024-02-06 13:58
MIDF Amanah Investment Bank Bhd (MIDF Research) said “On a yearly basis, Sarawak Plantation’s 2QFY24 profit after tax, amortisation (PATAMI) were stronger driven by better upstream performance with higher operating profit of RM24.1 million (up 70.8 per cent y-o-y) recorded, underpinned by higher CPO ASP (RM4,007 per tonne; up5.6 per cent y-o-y) and better FFB output (up 16.0 per cent y-o-y).”
It explained that profitability for estate jumped by double-digit growth to RM21.4 million (+75.0 per cent y-o-y), mainly attributed by the elevated average selling price CPO and palm kernel (PK) realised of RM4,007 per metric tonne (+5.6 per cent y-o-y) and RM2,253 per metric tonne (+20.7 per cent y-o-y), respectively.
2 months ago
Market Cap = 614m,
Total Liabilities = 223m,
Biological Assets = 72m,
Total Current Assets = 306m,
Total Harvestable Area = 19507Ha,
Enterprise Value per Ha = ( 614m + 223m +72m -306m ) / 19507Ha = RM31,000 / Harvestable Ha.
Very Cheap.
2 months ago
Palm oil surges to two-year high on firm exports and crude rally
https://theedgemalaysia.com/node/732409
2 weeks ago
Swk Plant seems like a hidden gem, especially with that solid QR and good dividends. If they’re performing well but still flying under the radar, it might be time to stack up while it’s cheaper!
2 weeks ago
lionel messi
Somebody is quietly collecting. Something brewing? A GO?
2022-07-04 17:00