KLSE (MYR): GENP (2291)
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Last Price
5.45
Today's Change
-0.02 (0.37%)
Day's Change
5.38 - 5.49
Trading Volume
529,700
Market Cap
4,891 Million
NOSH
897 Million
Avg Volume (4 weeks)
364,468
4 Weeks Range
5.38 - 5.75
4 Weeks Price Volatility (%)
52 Weeks Range
5.11 - 6.41
52 Weeks Price Volatility (%)
Previous Close
5.45
Open
5.47
Bid
5.38 x 20,600
Ask
5.45 x 15,600
Day's Range
5.38 - 5.49
Trading Volume
529,700
Latest Quarter | Ann. Date
30-Sep-2023 [#3] | 22-Nov-2023
Next QR | Est. Ann. Date
31-Dec-2023 | 22-Feb-2024
T4Q P/E | EY
19.87 | 5.03%
T4Q DY | Payout %
4.95% | 98.41%
T4Q NAPS | P/NAPS
5.93 | 0.92
T4Q NP Margin | ROE
8.06% | 4.63%
Sector: PLANTATION
Sector: PLANTATION
Subsector: PLANTATION
Subsector: PLANTATION
Description:
Genting Plantations Bhd operates oil palm plantations in Asia and has several oil mills to help with production. The chemicals extracted from the plantations can be used for multiple end-products, including lubricants, detergents, and other substances. Also, Genting Plantations developed properties to take advantage of its access to land. The developments have offered a mix of residential and commercial uses, and complete townships have been constructed with multiple amenities. The company also invests in the biotechnology industry. The investment focuses on techniques to improve yields and profitability of oil palm plantations.
Expensive because still comes with RM1 divvy
Furthermore, with their hedging strategy it means even at current RM3.6K+ CPO price, they will sell higher than market price of maybe around RM4K
2023-03-23 09:35
You meant UTD's Q4, right? You are right, typically the share price will start going up when the result is out
2023-03-23 11:16
Alright. I will put that in my reference book : )
Btw, CPO price is sharp falling to RM3.5k...
2023-03-24 11:23
Yess, get 19 cents dividend from GenP today. Use some to reinvest a bit this counter
2023-03-28 10:51
Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$â¬Â£Â¥
Security LastPr PE DY% Divcts ROE ttm-marg
GENP (Plantation) 5.97 11.36 5.7 34 9.04 14.8
2023-03-30 17:14
Great, GenP's 2022 annual report was out already. Time to do ''R&D". hehe
2023-04-06 10:46
CPO price drops but GenP is going up... I guess local institution's buying in
2023-04-13 11:08
Averaged down on the 100 GenP shrs I bought to collect AGM gifts in 2017...@ $5.42
2023-09-01 10:42
Poor wallstreet guy. Now only realise plantation is a sell..but actually plantations is a buy now ..lol
2 months ago
Wow, Genting plantation dropped back to below NTA with huge discount! Buy now with dividends too! Yummy!
2 months ago
Genting plantation owns premium outlet at Johor! Always crowded with locals and Singaporeans!
2 months ago
I m with you, Uncle Lim. My honor to assist Uncle Lim to defend GenP! Cheers!
2 months ago
PH government won both by-elections in Johor! Johor theme play initiating again! Remember GenP Kulai and Batu Pahat Palm oil Mills, GenP Johor Premium Outlet! Cheers!
2 months ago
Fabien _the efficient capital allocator
Very interesting discovery by the Maybank IB team.
16,908 ha freehold land worth more than its mkt cap
GENP is one of the largest freehold land owner in Peninsular Malaysia (PM)
with 16,908 ha, with 61% located in Johor, 18% in Malacca & Negeri
Sembilan, 18% in Kedah & Perak, and 3% in Selangor (ie. Sepang). GENP
continues to carry these valuable assets at their book values. As these
lands were amassed progressively since 1981, and strategically located on
highly populated areas of the west coast of PM, we estimate these freehold
land to be worth MYR7.25b or 1.5x GENP’s current market cap.
Its 10,397 ha Johor land is worth MYR5,656m
GENP has remaining 10,397 ha of freehold land in Johor, of which 2,555 ha
(or 6,311 acres) are located in the Iskandar region, making GENP one of
the largest landowner in Iskandar. GENP has two active township projects
in Johor - at Kulai and Batu Pahat. Since the 1990s, GENP has been
monetising some of its prime estate land via property developments.
Its freehold landbank offers good inflationary hedge
GENP has focused on aggressively growing its oil palm planted area from
48,710 ha in 2003 to 138,301 ha in 2022, translating to a CAGR of 5.4%. As
land values in Malaysia appreciate, most of GENP’s oil palm expansion over
the last two decades shifted to Indonesia. Naturally, the oil palm division
is the larger profit contributor, accounting for 67%-95% of its yearly group
core PBIT over the past 10 years, with the balance contributed by the
property division. In the past, the property division has helped to weather
the earnings of the group during periods of low oil palm profits.
1 month ago
Congrats my fellow comrades for buying GenP at extremely low price and r laughing to the bank! Cheers!
1 month ago
Maybank upgraded GENP to a "buy" by the way
...
Its major shareholders are parent company Genting Bhd (55.4%), Employees Provident Fund (12.6%) and Kumpulan Wang Persaraan (7.5%)
2 weeks ago
From a fundamental perspective, the ROE of Genting Planation falls below that of my reference Bursa Plantation company – KLK. https://ujianehc.blogspot.com/2023/11/bursa-plantation-sector.html
I would even rate Genting Plantation performance as no better than that of BPlant.
https://i.postimg.cc/J0xkmVPL/Genting-Plantation.png
The interesting think for the punters is that the share price of ROE of Genting Plantation is moving in the opposite direction of the improvement in the ROE. If you believe in the Efficient Market Hypothesis, you would expect the share price to eventually reflect the business performance. Is this a counter to speculate?
2 weeks ago
Calculated ROE 15+% from the latest QR! Expecting GenP to go back to NTA and above!
1 week ago
ElizaWong
but in the mean time, UTD share price is very expensive currently. Trade GenP to build up fund 1st
2023-03-22 12:18