HAP SENG PLANTATIONS HOLDINGS

KLSE (MYR): HSPLANT (5138)

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Last Price

1.89

Today's Change

0.00 (0.00%)

Day's Change

1.89 - 1.90

Trading Volume

87,600

Price Target

A price target is an analyst's projection of a share's future price. 

Average Target Price, Price Call and Upside/Downside here are derived from Price Targets in the past 6 months.

Last Price

1.89

Avg Target Price

2.22

Upside/Downside

+0.33 (17.46%)

Price Call

3

SELL

13

HOLD

24

BUY

Date Open Price Target Price Upside/Downside Price Call Firm View Action
Discussions
6 people like this. Showing 50 of 742 comments

calvintaneng

Yes I think Hs Plant been giving good dividend

Now Cash is Rm505 Millions or Cash is 63 sen per share

Can give a Better Dividend by Aug 2023 qtr

Go call up Hs Plant Office and request a better dividend

Please do ask them politely & remember to complement them for such good level of Cash position now

22-Feb-2023 08-Mar-2023 DIVIDEND Second Interim Dividend RM 0.0700
24-Aug-2022 08-Sep-2022 DIVIDEND First Interim Dividend RM 0.0500
23-Feb-2022 09-Mar-2022 DIVIDEND Second Interim Dividend RM 0.1550
24-Aug-2021 08-Sep-2021 DIVIDEND First Interim Dividend RM 0.0150
24-Feb-2021 10-Mar-2021 DIVIDEND Second Interim Dividend RM 0.0550
26-Aug-2020 10-Sep-2020 DIVIDEND First Interim Dividend RM 0.0150
24-Feb-2020 09-Mar-2020 DIVIDEND Second Interim Dividend RM 0.0200
28-Aug-2019 12-Sep-2019 DIVIDEND First Interim Dividend RM 0.005
26-Feb-2019 11-Mar-2019 DIVIDEND Second interim dividend RM 0.01
28-Aug-2018 12-Sep-2018 DIVIDEND First Interim Dividend RM 0.015
27-Feb-2018 12-Mar-2018 DIVIDEND Second interim dividend RM 0.06
23-Aug-2017 07-Sep-2017 DIVIDEND First Interim Dividend RM 0.05
22-Feb-2017 07-Mar-2017 DIVIDEND Second interim dividend RM 0.08
24-Aug-2016 07-Sep-2016 DIVIDEND First Interim Dividend RM 0.03

2023-03-11 11:40

loneranger

03-21725228, this is the number. Any volunteer to call HS Plantation office?

2023-03-11 13:23

calvintaneng

With 63 sen cash in hand now Hs plant at Rm1.82 after less 63 sen cash is now selling at below Rm1.20

this debt free cash rich co is a tsunami shelter from crisis

2023-03-16 22:24

Yau Yh

News on biofuels and potential of Palm Oil
https://www.theedgemarkets.com/node/660201
Buy low Sell High anyone?

2023-03-22 15:27

loneranger

Calvin, please lah....please don't promote anymore. You keep promoting, the price keeps dropping.

2023-03-27 17:14

loneranger

"The Group has a dividend policy of distributing approximately
60% of the total Group’s profit after tax to shareholders annually. The Board declared a total dividend of 12.0 sen per
share for FY2022 (2021: 17.0 sen) representing a pay-out ratio of approximately 46%."

This is the dividend policy statement found in annual report 2022 without any concrete reason. Anybody who attend the general meeting, please voice out to the management 'politely'.

2023-04-29 23:25

loneranger

Disappointed result, net cash drops, unattractive dividend expected for next payment...

2023-05-25 16:22

i3gambler

loneranger,
Look at different angle, may be higher chance for privatization.

2023-05-26 08:35

loneranger

Even privatization, it does not benefit shareholders.

2023-05-26 12:49

i3gambler

For those who bought at an average below RM1.90, privatization is attractive.

2023-05-26 15:52

speakup

Sounding like Kseng, Facbind, Insas, Osk already here

2023-05-26 21:17

loneranger

The boss is shifting valuable assets under his own's wealth slowly.

2023-05-27 09:32

loneranger

From disposal of 7 parcels of agriculture land by Hsplant, to disposal of HS Credit (Manchester) to LSHCL...

2023-05-27 09:46

loneranger

Even reduce the dividend payout for FY2022...

2023-05-27 10:05

calvintaneng

Blog: CALVIN TAN ON MALAYSIA 2ND HALF 2023: WHERE TO PUT YOUR MONEY IN LIGHT OF RECESSIONARY TIMES, Calvin Tan

https://klse.i3investor.com/web/forum/forum-thread/608590187

2023-06-10 23:46

serbatipu

When would be hsplant turn privatize

2023-06-12 23:03

calvintaneng

PALM OIL COMPANIES VERSUS IB BANKS/MEDIA ON PALM OIL: POSITIVE OR NEUTRAL: WHO ARE CORRECT, Calvin Tan

https://sgx.i3investor.com/blogs/Jbhouseforsale/2023-06-13-story-h49595126-PALM_OIL_COMPANIES_VERSUS_IB_BANKS_MEDIA_ON_PALM_OIL_POSITIVE_OR_NEUTRAL_.jsp

0 seconds ago

2023-06-13 22:54

calvintaneng

HS PLANT FLUSHED WITH CASH LIKE THIS https://www.youtube.com/watch?v=o3E4s59OSLQ

2023-06-14 01:59

loneranger

Calvin, please ask the management be generous in coming dividend payout.

2023-06-15 20:48

calvintaneng

yes, I think with hap seng mother in financial trouble they might use hs plant to give more dividends

this was what boustead did with bplant

hs plant accounts even better as it has zero debt and about half billion cash in hand

2 months ago

calvintaneng

So far Calvin sees Palm Oil got these

1. Real Solid Earnings due to Cpo price above Rm3800 (Cost of production Rm1900) and 100% gross profit

2. Very Good Dividends which beat Bank dividends

3. El Nino weather will keep all grain & palm oil prices elevated for few more years

SO THE VERDICT

KEEP HOLDING PALM OIL SHARES BEST

2 months ago

calvintaneng

BPLANT (5254) A STARTLING REVELATION BY TOK MAT ( There are assets such as those of ‘planting trees on a gold mine’) Calvin Tan

https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2023-07-15-story-h-245619594-BPLANT_5254_A_STARTLING_REVELATION_BY_TOK_MAT_There_are_assets_such_as_

2 months ago

calvintaneng

2nd Quarter FFB results out! And they are better than 1st Quarter. Will Palm oil cos increase dividend payouts? Calvin Tan

https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2023-07-19-story-h-245505452-2nd_Quarter_FFB_results_out_And_they_are_better_than_1st_Quarter_Will_P

2 months ago

Johnzhang

Cash rich HSplant is a likely privatization candidate by the Holding company. Cash pile will continue to increase amid bullish CPO outlook returning. TP $3.50

2 months ago

speakup

Agree but don't think it will be now or anytime soon. The mother Hap Seng is not doing too well currently

2 months ago

ken

yes Hap Seng con is short of money. selling Assets at this moment to reduce debt..

2 months ago

speakup

Hap Seng may buyout (privatized) Hsplant once they done with their asset disposals

2 months ago

ken

trace past announcement, you will find out they bought some hsplant shares for Abt rm2.30 if I remember correctly

2 months ago

ken

current price vs rm2.30... no much meat..

2 months ago

Johnzhang

Privatizing HSpltn thru capital reduction will not burden Hapseng consolidated at all . The cash to pay out to minorities are internally funded.

2 months ago

Johnzhang

HSpltn is sitting on about $500 mil cash , zero bank borrowing as at 31.12.2022.
Without major capex , Cash pile will grow in this year too.

2 months ago

calvintaneng

HS PLANT (5138) Palm OIl Jewel. Debt Free. Cash Rich. Good dividends. A Stock with Great Margin of Safety, Calvin Tan



https://klse.i3investor.com/web/cube/blog/blpostdet/www.eaglevisioninvest.com/8639182

1 month ago

calvintaneng

Palm oil demand boosted as rival oil prices jump on supply woes
Vegoils

MUMBAI (Aug 10): Demand for palm oil has been increasing as its discount to soyoil and sunoil has grown, driven by the recent price rise in rival oils due to production concerns in the US and supply disruptions from the Black Sea region, industry officials said.

This surge in demand is expected to assist Indonesia and Malaysia in bringing down their palm oil inventories, simultaneously bolstering Malaysian palm oil futures.

"Aggressive pricing has been aiding palm oil as buyers are shifting toward palm oil from other oils for near-month shipments," said Sanjeev Asthana, chief executive officer at Patanjali Foods Ltd, India's top palm oil buyer.


India, the world's biggest buyer of edible oils, imported 1.09 million metric tonnes of palm oil in July, nearly 60% more than June and the highest in seven months.

India's imports would remain robust during August and September as well, Asthana said.

Crude palm oil is offered at US$910 (RM4,162) a tonne including cost, insurance and freight (CIF) to India for September shipments, compared with US$1,050 for crude soyoil and US$1,010 for crude sunflower oil, dealers said.

Soyoil prices jumped in the last one month on production concerns in the US and lower supplies from top exporting Argentina, while sunflower oil became expensive after Russia withdrew from the Black Sea grains deal, said a New Delhi based dealer with a global trade house.

The Black Sea region accounts for 60% of world sunflower oil output and 76% of exports.

"Palm oil prices didn't rise; instead, they came down due to rising stocks in the producing countries and become even more cheaper for buyers," the dealer said.

Price-sensitive Asian buyers traditionally rely on palm oil because of low costs and quick shipping times.

Along with India, China, Bangladesh and Pakistan have also been raising palm oil purchases for August and September shipments, said a Mumbai-based trader.

China's July vegetable oil imports, which mainly consist palm oil, jumped 48% from a year ago to 778,000 tonnes.

Palm oil's discount to rival oils is likely to come down gradually as rising exports would bring down the inventories in both Malaysia and Indonesia, the trader said.

Malaysia's palm oil exports rose 15.55% to 1.35 million tonnes in July, according to the Malaysian Palm Oil Board. In the first ten days of August, exports of Malaysian palm oil products rose 17.5% to 383,795 tonnes, AmSpec Agri Malaysia said on Thursday (Aug 10).

Read also:
Malaysia's end-July palm oil stocks at five-month high

1 month ago

calvintaneng

HS PLANT

H = HAND
S = SOME

DIVIDEND

TSH RESOURCES (9509) POSITIVE DEVELOPMENTS BY PRO-ACTIVE MANAGEMENT POINT TO A BRIGHTER FUTURE, Calvin Tan

https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2023-08-10-story-h-242937383-TSH_RESOURCES_9509_POSITIVE_DEVELOPMENTS_BY_PRO_ACTIVE_MANAGEMENT_POINT

1 month ago

loneranger

丰隆投行分析员预计,他所追踪的6家种植公司今年次季业绩按季比较会好坏参半,这是因为业者棕果串产量按季起落不一,以及原棕油价格走跌。

他进一步说明,虽然次季通常是棕果串生产旺季,但6家种植公司中便有3家棕果串产量按季走跌,即FGV控股(FGV,5222,主板种植股)、合成种植(HSPLANT,5138,主板种植股)和吉隆甲洞(KLK,2445,主板种植股)。

1 month ago

loneranger

I am not greedy, I just hope that Hsplant gives handsome dividend this time...

1 month ago

loneranger

Promoters always said Hsplant is a good company and cash rich, but the share price drops far below NTA. If the dividend is not attractive, what is the point of investing.

1 month ago

loneranger

apamacamlah
The most dividend Hsplant can give this time is 0.05.

1 month ago

loneranger

Calvintaneng, where is the handsome dividend?

1 month ago

loneranger

Wah..apamacamlah sudah missing in action. Hahaha.

1 month ago

loneranger

Later Calvintaneng also missing in action.

1 month ago

calvintaneng

Hs plant is debt free

with Rm485 millions in cash or 60.25 sen

should have given a better dividend

1 month ago

loneranger

Where is the handsome dividend?

3 weeks ago

calvintaneng

CALL THEM AND ASK

ASK AND THEY WILL GIVE

JAYA TIASA (4383) WHY FONG SILING AKA COLD EYE & DR. NEOH SOON KEAN OF DYNAQUEST ARE BOTH BUYING JAYA TIASA, Calvin Tan

https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2023-08-30-story-h-241060767-JAYA_TIASA_4383_WHY_FONG_SILING_AKA_COLD_EYE_DR_NEOH_SOON_KEAN_OF_DYNAQ

3 weeks ago

loneranger

I believe I can fly. Hahaha.

3 weeks ago

kasinathan

calvin, how's your investment in bjcorp ?

3 weeks ago

kasinathan

you once valued at Rm10, an insulting of own intelligence?

3 weeks ago

kasinathan

Mui , another Rm10 valuation by your ownself....now 6cents? What's a joke?

3 weeks ago

loneranger

Kenanga once gave the target price 2.30. Now revise the target price to 1.80 silently. All these IB simply give target price using their gut feeling, where are the professionalism and credibility. Haha.

1 week ago

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