GENTING PLANTATIONS BERHAD

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

Overview

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 (%)

18.92%

52 Weeks Range

5.11 - 6.41

52 Weeks Price Volatility (%)

26.15%

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

Financial Highlight

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%

Market Buzz
Company Profile

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.

Discussions
2 people like this. Showing 50 of 647 comments

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

DestinyL

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

ElizaWong

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

DestinyL

Not a buy/sell call lol

2023-03-23 12:06

ElizaWong

Alright. I will put that in my reference book : )
Btw, CPO price is sharp falling to RM3.5k...

2023-03-24 11:23

ElizaWong

Yess, get 19 cents dividend from GenP today. Use some to reinvest a bit this counter

2023-03-28 10:51

Income

Buy

2023-03-28 12:45

DestinyL

Don't simply buy just because dividend come in
Stick to your gameplan

2023-03-29 15:52

ElizaWong

Do some trading using some dividend money ( ͡❛ ͜ʖ ͡❛)

2023-03-29 17:10

ElizaWong

Great! GenP is heading towards RM6 again

2023-03-30 15:27

Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥

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

ElizaWong

Nice and steady hitting RM6 today. Yesss

2023-04-03 16:59

ElizaWong

...EPF start disposing after they got the dividend

2023-04-05 10:36

ElizaWong

Great, GenP's 2022 annual report was out already. Time to do ''R&D". hehe

2023-04-06 10:46

ElizaWong

CPO price drops but GenP is going up... I guess local institution's buying in

2023-04-13 11:08

Sc Lee

epf selling

2023-08-19 15:23

dompeilee

Averaged down on the 100 GenP shrs I bought to collect AGM gifts in 2017...@ $5.42

2023-09-01 10:42

wallstreetrookieNEW

Sell plantation

2023-09-04 15:28

KClow

Poor wallstreet guy. Now only realise plantation is a sell..but actually plantations is a buy now ..lol

2 months ago

tnang

buy for long term dividend, good price now

2 months ago

James_Bond

Wow, Genting plantation dropped back to below NTA with huge discount! Buy now with dividends too! Yummy!

2 months ago

James_Bond

Genting plantation owns premium outlet at Johor! Always crowded with locals and Singaporeans!

2 months ago

James_Bond

Uncle Lim will be very upset to see GenP being screwed like this…

2 months ago

James_Bond

I m with you, Uncle Lim. My honor to assist Uncle Lim to defend GenP! Cheers!

2 months ago

KClow

Genp good

2 months ago

STEVENGAN

Its time to All In!!!!!!

2 months ago

KClow

Yes all in

2 months ago

tnang

slowly buy....

2 months ago

James_Bond

Bought 5.18! Haha… TQVM. Cheers!

2 months ago

James_Bond

Yummy…

2 months ago

KClow

I will wait abit

2 months ago

James_Bond

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

speakup

Wow! No more Green Wave

2 months ago

James_Bond

GenP landbank could use to sell carbon credits to others! Watch out!

2 months ago

James_Bond

Scooping before others noticing… haha…

2 months ago

James_Bond

Wow, Heard gov going to abolish palm oil windfall tax!

2 months ago

James_Bond

Go go go GenP!

2 months ago

James_Bond

Huat! Huat! Huat!

2 months ago

tnang

wait for you at good price to enter again

1 month 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

James_Bond

Go go go GenP! I m loving you!

1 month ago

James_Bond

Congrats my fellow comrades for buying GenP at extremely low price and r laughing to the bank! Cheers!

1 month ago

James_Bond

Go go go GenP! Haha! Congrats!

3 weeks ago

ElizaWong

Queue at 5.50 to average down ..

3 weeks ago

ElizaWong

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

Dehcomic01

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

James_Bond

Go go go GenP. I m loving you! Cheers!

1 week ago

James_Bond

Calculated ROE 15+% from the latest QR! Expecting GenP to go back to NTA and above!

1 week ago

James_Bond

Dehcomic01, no doubt you clearly failed your maths!

1 week ago

ElizaWong

Super cheap now for GenP. Time to accumulate more

6 days ago

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