SARAWAK PLANTATION BHD

KLSE (MYR): SWKPLNT (5135)

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Last Price

2.34

Today's Change

-0.05 (2.09%)

Day's Change

0.00 - 0.00

Trading Volume

55,300

Details of Changes
Securities After Change
Transactions
Ann. Date Name Details of Changes Securities After Changes
Date Type No. of Shares Price Direct (%) Indirect (%) Total (%)
Discussions
4 people like this. Showing 50 of 1,061 comments

lionel messi

Somebody is quietly collecting. Something brewing? A GO?

2022-07-04 17:00

calvintaneng

Post removed.Why?

2022-07-13 22:49

calvintaneng

Post removed.Why?

2022-07-18 20:58

calvintaneng

Post removed.Why?

2022-07-23 21:31

calvintaneng

Post removed.Why?

2022-07-26 14:56

lionel messi

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

calvintaneng

Post removed.Why?

2022-07-31 19:04

dlau8899

2.35, 2.45 , 2.55

2022-08-01 14:56

dlau8899

Target price 2.70

2022-08-04 12:44

dlau8899

Going up, may have high dividend and coming good quarter result

2022-08-05 14:54

lionel messi

Latest quarterly result is unexpectedly poor.

2022-08-23 21:19

yaphoikiong

竟然没有股息

2022-08-23 21:52

stockraider

Good earnings loh!

Tp should be above Rm 2.50 mah!

2022-08-24 13:54

Johnzhang

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

Johnzhang

EPS 1H 26.28sen
Forecast FY2022. 48sen.
Prospective PE only 4.6x is ridiculously undervalued.

2022-08-27 10:06

lionel messi

Some big boys should just launch a takeover and privatized it.

2022-08-29 09:05

Johnzhang

Swkpltn should at least pay 10sen interim dividend lah. Taann is paying 15sen 3rd interim!

2022-08-29 17:35

stockraider

Swkplant result already out mah!

But no dividend loh!

2022-08-29 20:16

lionel messi

That's why I said result was poor.

2022-08-30 08:58

Michael Kwok

Downgrade sarawak plant below rm 1.60
Sell call 2.13-2.17
30/8/2022
10.57pm

2022-08-30 22:57

lionel messi

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

8888_

10 sen dividend announced ex-date 22 Dec 22 and payment date 19th Jan 2023 just before CNY.

2022-11-29 13:00

lionel messi

Wow, latest qtr result announcement very poor.

2023-02-22 06:06

speakup

poor -> sell
good -> buy

2023-02-22 07:52

I_like_dividend

Poor QR buy bec cheaper when QR good sell bec expensive haha.

2023-02-22 11:08

I_like_dividend

Of course CPO price must be good also ie >RM 4200 like now.

2023-02-22 12:11

5354_

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

JackTan1217

QR is bad nad

2023-08-22 21:07

Dehcomic01

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

5354_

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

speakup

Look good

2024-02-19 15:41

5354_

Ta Ann more popular in i3 but Swk Plant cheaper I buy more like director.

2024-02-29 09:45

speakup

Swkplnt cantekkkk

2024-03-09 16:12

limch

QR good and 5 sen dividend. Why Swk Plant not popular as Ta Ann?

2024-05-21 19:57

newbie5354

PB Investment Bank why no more do coverage?

2024-05-23 09:54

Johnzhang

Q1 2024 results:
Net profit increased by about 60% yoy

2024-05-23 22:13

limch

>40% discount to related Ta Ann is it justified by latest QR?

2 months ago

Johnzhang

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

i3gambler

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

limch

I3 why no promoters unlike Ta Ann or other CPO counters?

3 weeks ago

katara

good production of ffb, buy swk..

3 weeks ago

limch

CPO RM 4,637/tn.

3 weeks ago

I_like_dividend

Palm oil surges to two-year high on firm exports and crude rally
https://theedgemalaysia.com/node/732409

2 weeks ago

limch

RM 2.4 is new high but still cheap compare to SOP and Ta Ann.

2 weeks ago

katara

yes!

2 weeks ago

HollowEcho

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

limch

Net cash 57 sen latest QR. Special dividend 10-20 sen can pay next month?

2 weeks ago

Nepo

Good things not cheap
Cheap things not xxxx

1 week ago

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