So small cap and cheap, taikor like KLK can just swallow it in one gulp. Even at RM5, not a problem with palm oil price high for the next 2 years at least.
Very True loh! General Raider use to be poor loh! I was a despatched boy just earning Rm 180 per mth loh!
Thru hardword & abit of intelligent to capitalize on opportunity thru business and invest my savings diligently & prudently....Raider manage accumulate a good amount of wealth sufficiently thru investment and today if raider retire....should be able retire comfortably loh!
Yes no one should be poor loh!
If they are hardworking & look out for opportunity & manage their savings prudently loh!
Posted by chowwei > 1 day ago | Report Abuse
If You Born Poor It's Not Your Mistake, But If You Die Poor It's Your Mistake, ---> Bill Gates <---
current price RM 2 is reasonable.. i think due to urusharta or someone pressing price down but it should be the last leg. even taan bought 30%, few years ago at RM 2..
All the way sliding down to 2.02 without any brakes. Buy plantation to hedge inflation? May be this logic doesn't make sense while surrounding with the bad sentiments.
Swkplant has become another good dividend paying share to hold for your retirement and now with its share price of RM2.00 (from high of RM3.38), I don't want to ask why & why especially when Average CPO Price is moving between RM4.0K/ton to RM6.0K/ton.
Agree Steve. Warren Buffett says stock market is the only place where people run out when there's a sale! Completely irrational. Most don't have the mentality and aptitude for investing.
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.
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.
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.
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.
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....
chillibumbum
16 posts
Posted by chillibumbum > 2022-05-31 16:27 | Report Abuse
price has been majorly capped / depressed