Keep INVESTING Simple and Safe (KISS) ****Investment Philosophy, Strategy and various Valuation Methods**** The same forces that bring risk into investing in the stock market also make possible the large gains many investors enjoy. It’s true that the fluctuations in the market make for losses as well as gains but if you have a proven strategy and stick with it over the long term you will be a winner!****Warren Buffett: Rule No. 1 - Never lose money. Rule No. 2 - Never forget Rule No. 1.
Showing posts with label KLK. Show all posts
Showing posts with label KLK. Show all posts
Tuesday, 20 February 2024
Monday, 11 April 2016
Thursday, 30 August 2012
KLK - Return on Retained Earnings
Kuala Lumpur Kepong | ||||||
Year | DPS | EPS | Retained EPS | |||
2002 | 7.2 | 24.5 | 17.3 | |||
2003 | 9.6 | 33.7 | 24.1 | |||
2004 | 13.1 | 39.7 | 26.6 | |||
2005 | 15.5 | 36.1 | 20.6 | |||
2006 | 21.1 | 33.7 | 12.6 | |||
2007 | 26.8 | 57.7 | 30.9 | |||
2008 | 40.7 | 103 | 62.3 | |||
2009 | 53.8 | 60.6 | 6.8 | |||
2010 | 45 | 85.8 | 40.8 | |||
2011 | 60 | 127 | 67 | |||
Total | 292.8 | 601.8 | 309 | |||
2002-2011 | ||||||
EPS increase (sen) | 102.5 | |||||
DPO | 49% | |||||
Return on retained earnings | 33% | |||||
(Figures are in sens) |
Tuesday, 14 February 2012
Wednesday, 23 November 2011
KL Kepong
KL Kepong 4Q net profit up 48% to RM460m, FY RM1.57b
Written by Joseph Chin of theedgemalaysia.com
Wednesday, 23 November 2011 17:25
KUALA LUMPUR (Nov 23): KUALA LUMPUR KEPONG BHD [] (KLK) reported a 48% increase in earnings to RM460.61 million in the fourth quarter ended Sept 30, 2011 from RM311.04 million, boosted by the PLANTATION []s sector and disposal of an associate, Esterol.
It said on Wednesday its revenue increased by 48.9% to RM2.999 billion from RM2.014 billion while its earnings per share were 43.25 sen compared with 29.21 sen. It declared an interim dividend of 70 sen per share versus 45 sen.
“The group's pre-tax profit increased 38.3% to RM599.2 million. The current quarter's result was boosted by the non-recurring surplus of RM200.6 million arising from the disposal of an associate, Esterol, whilst last year's quarter had a writeback of RM76.0 million on the allowance for diminution in value of investment,” it said.
KLK said the plantations sector recorded a 27.7% improvement in profit to RM447.5 million due to better selling prices of commodities and increase in fresh fruit bunches production despite higher production cost and FRS 139's fair value loss of RM27.1 million.
However, the manufacturing sector's performance was adversely impacted by the uncertainties and concerns over the sovereign debt crisis in Europe and global macroeconomic environment which had eroded customers' buying confidence and disrupted the supply and demand pattern.
This sector reported a loss of RM49.3 million (4QFY2010: profit RM26.1 million) with substantial stocks write-down as a result of falling prices and FRS 139's fair value loss of RM33.9 million.
For the financial year ended Sept 30, its earnings jumped 55.2% to RM1.571 billion from RM1.021 billion while its revenue reported a 43.4% increase to RM10.743 billion from RM7.490 billion.
KLK said the Group's pre-tax profit for the financial year at RM2.066 billion had surpassed the preceding year's profit by 49.4%.
The increase in profit was due to a 41.9% surge in plantations profit to RM1.596 billion, driven by strong selling prices of commodities which had over-shadowed the impact of higher production cost.
KLK said the manufacturing sector reported a 40.1% increase in profit to RM201.9 million despite the loss suffered in the fourth quarter.
“The results for the year had benefited from added capacities coming on-stream as well as relatively strong business environment in the earlier part of the year,” it said
It also said retailing profit fell 33.6% to RM18.4 million due to narrower margins and increase in operating cost.
The disposals of two associates, Esterol and Barry Callebaut Malaysia Sdn Bhd (BCM), had generated a total surplus of RM244.0 million.
http://www.theedgemalaysia.com/business-news/196680-flash-kl-kepong-4q-net-profit-up-48-to-rm460m-fy-rm157b.html
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Saturday November 19, 2011
KLK plans downstream and upstream expansion
PETALING JAYA: KL Kepong Bhd (KLK) planned to expand its downstream and upstream business segments for its palm oil businesses amidst sustained palm oil prices above RM3,000.
The company which derives 80% of its net profits from upstream business planned to increase its landbank for oil palm estates from 250,000 ha to 300,000 ha in Indonesia, Papua New Guinea, South America and Africa.
“In the upstream we are a price taker. We also don't want to be too dependent on our upstream that's why when prices drop we have our downstream business and our property division which will help us to sustain any downturn in commodity prices,” said chief executive officer Tan Sri Lee Oi Hian yesterday.
KLK is also planning to build another palm oil mill in Indonesia which would cost about RM120mil in three years in addition to the three mills being built there presently.
“The three new palm oil mills in Indonesia are under construction to meet the growing fresh fruit bunches production from fast maturing areas,” group plantations director Roy K. C. Lim told a media briefing here yesterday.
The refineries in Indonesia have passed the plannnig stage and were about to commence consruction.
KLK had upgraded its two palm oil mills in the country, increasing the capacity in one of the mills.
In the oleochemicals business segment, KLK planned to expand its alcohol plant in Westport, Port Klang which was recently moved from Singapore to Malaysia.
“We have a gearing ratio which is very low with essentially good cashflows and this would give us space to fund our expansion,” Lee said.
“So far fundamentals look good, despite the economic problems in Europe.
Most people are still quite friendly towards palm oil so let's hope that the situation would be able to stay this way. It is a very good basis to believe palm oil prices would stay above RM3,000,” Lee said.
The company's CPO yields per mature ha had dropped in its latest 3QFY2011 to 3.4 tonnes per ha from 4.7 tonnes per ha in FY2010 ended Sept 30, 2010.
However, costs of producing FFB had been on a rising trend since FY2007 to RM200 per tonne in its 3QFY2011.
The company said that it expected to reduce this figure by increasing productivity and efficiency of its manpower.
http://biz.thestar.com.my/news/story.asp?file=/2011/11/19/business/9934512&sec=business
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Published: Friday November 18, 2011 MYT 2:23:00 PM
KLK plans expansion for plantation business
KUALA LUMPUR: Amidst sustained palm oil prices above the RM3,000 level, Kuala Lumpur Kepong Bhd is planning expansion in both its downstream and upstream plantation businesses.
The company said today that it aims to increase its landbank for plantations from 250,000 hectares to 300,000 hectares in countries not limited to Indonesia only.
It also plans to build another palm oil mill in Indonesia, in addition to the three that are already under construction there presently.
http://biz.thestar.com.my/news/story.asp?file=/2011/11/18/business/20111118143630&sec=business
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KLK
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Batu Kawan
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Written by Joseph Chin of theedgemalaysia.com
Wednesday, 23 November 2011 17:25
KUALA LUMPUR (Nov 23): KUALA LUMPUR KEPONG BHD [] (KLK) reported a 48% increase in earnings to RM460.61 million in the fourth quarter ended Sept 30, 2011 from RM311.04 million, boosted by the PLANTATION []s sector and disposal of an associate, Esterol.
It said on Wednesday its revenue increased by 48.9% to RM2.999 billion from RM2.014 billion while its earnings per share were 43.25 sen compared with 29.21 sen. It declared an interim dividend of 70 sen per share versus 45 sen.
“The group's pre-tax profit increased 38.3% to RM599.2 million. The current quarter's result was boosted by the non-recurring surplus of RM200.6 million arising from the disposal of an associate, Esterol, whilst last year's quarter had a writeback of RM76.0 million on the allowance for diminution in value of investment,” it said.
KLK said the plantations sector recorded a 27.7% improvement in profit to RM447.5 million due to better selling prices of commodities and increase in fresh fruit bunches production despite higher production cost and FRS 139's fair value loss of RM27.1 million.
However, the manufacturing sector's performance was adversely impacted by the uncertainties and concerns over the sovereign debt crisis in Europe and global macroeconomic environment which had eroded customers' buying confidence and disrupted the supply and demand pattern.
This sector reported a loss of RM49.3 million (4QFY2010: profit RM26.1 million) with substantial stocks write-down as a result of falling prices and FRS 139's fair value loss of RM33.9 million.
For the financial year ended Sept 30, its earnings jumped 55.2% to RM1.571 billion from RM1.021 billion while its revenue reported a 43.4% increase to RM10.743 billion from RM7.490 billion.
KLK said the Group's pre-tax profit for the financial year at RM2.066 billion had surpassed the preceding year's profit by 49.4%.
The increase in profit was due to a 41.9% surge in plantations profit to RM1.596 billion, driven by strong selling prices of commodities which had over-shadowed the impact of higher production cost.
KLK said the manufacturing sector reported a 40.1% increase in profit to RM201.9 million despite the loss suffered in the fourth quarter.
“The results for the year had benefited from added capacities coming on-stream as well as relatively strong business environment in the earlier part of the year,” it said
It also said retailing profit fell 33.6% to RM18.4 million due to narrower margins and increase in operating cost.
The disposals of two associates, Esterol and Barry Callebaut Malaysia Sdn Bhd (BCM), had generated a total surplus of RM244.0 million.
http://www.theedgemalaysia.com/business-news/196680-flash-kl-kepong-4q-net-profit-up-48-to-rm460m-fy-rm157b.html
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Saturday November 19, 2011
KLK plans downstream and upstream expansion
PETALING JAYA: KL Kepong Bhd (KLK) planned to expand its downstream and upstream business segments for its palm oil businesses amidst sustained palm oil prices above RM3,000.
The company which derives 80% of its net profits from upstream business planned to increase its landbank for oil palm estates from 250,000 ha to 300,000 ha in Indonesia, Papua New Guinea, South America and Africa.
“In the upstream we are a price taker. We also don't want to be too dependent on our upstream that's why when prices drop we have our downstream business and our property division which will help us to sustain any downturn in commodity prices,” said chief executive officer Tan Sri Lee Oi Hian yesterday.
KLK is also planning to build another palm oil mill in Indonesia which would cost about RM120mil in three years in addition to the three mills being built there presently.
“The three new palm oil mills in Indonesia are under construction to meet the growing fresh fruit bunches production from fast maturing areas,” group plantations director Roy K. C. Lim told a media briefing here yesterday.
The refineries in Indonesia have passed the plannnig stage and were about to commence consruction.
KLK had upgraded its two palm oil mills in the country, increasing the capacity in one of the mills.
In the oleochemicals business segment, KLK planned to expand its alcohol plant in Westport, Port Klang which was recently moved from Singapore to Malaysia.
“We have a gearing ratio which is very low with essentially good cashflows and this would give us space to fund our expansion,” Lee said.
“So far fundamentals look good, despite the economic problems in Europe.
Most people are still quite friendly towards palm oil so let's hope that the situation would be able to stay this way. It is a very good basis to believe palm oil prices would stay above RM3,000,” Lee said.
The company's CPO yields per mature ha had dropped in its latest 3QFY2011 to 3.4 tonnes per ha from 4.7 tonnes per ha in FY2010 ended Sept 30, 2010.
However, costs of producing FFB had been on a rising trend since FY2007 to RM200 per tonne in its 3QFY2011.
The company said that it expected to reduce this figure by increasing productivity and efficiency of its manpower.
http://biz.thestar.com.my/news/story.asp?file=/2011/11/19/business/9934512&sec=business
----
Published: Friday November 18, 2011 MYT 2:23:00 PM
KLK plans expansion for plantation business
KUALA LUMPUR: Amidst sustained palm oil prices above the RM3,000 level, Kuala Lumpur Kepong Bhd is planning expansion in both its downstream and upstream plantation businesses.
The company said today that it aims to increase its landbank for plantations from 250,000 hectares to 300,000 hectares in countries not limited to Indonesia only.
It also plans to build another palm oil mill in Indonesia, in addition to the three that are already under construction there presently.
http://biz.thestar.com.my/news/story.asp?file=/2011/11/18/business/20111118143630&sec=business
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KLK
Market Watch Recent Financial Results Announcement Date Financial Yr. End Qtr Period End Revenue RM '000 Profit/Lost RM'000 EPS Amended 23-Nov-11 30-Sep-11 4 30-Sep-11 2,999,658 475,870 43.25 - 16-Aug-11 30-Sep-11 3 30-Jun-11 2,952,257 455,391 40.64 - 25-May-11 30-Sep-11 2 31-Mar-11 2,368,357 396,818 35.10 - 23-Feb-11 30-Sep-11 1 31-Dec-10 2,422,980 317,452 28.56 - ttm-EPS 147.55 sen Price $21.38 Trailing PE 14.5x |
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Batu Kawan
Market Watch
Recent Financial Results
Announcement
Date Financial
Yr. End Qtr Period End Revenue
RM '000 Profit/Lost
RM'000 EPS Amended
23-Nov-11 30-Sep-11 4 30-Sep-11 74,253 239,804 56.44 -
16-Aug-11 30-Sep-11 3 30-Jun-11 72,941 212,262 50.33 -
25-May-11 30-Sep-11 2 31-Mar-11 69,776 186,717 44.12 -
23-Feb-11 30-Sep-11 1 31-Dec-10 66,170 148,540 35.41 -
ttm-EPS 186.3 sen
Price $16.20
Trailing PE 8.7 x
Recent Financial Results
Announcement
Date Financial
Yr. End Qtr Period End Revenue
RM '000 Profit/Lost
RM'000 EPS Amended
23-Nov-11 30-Sep-11 4 30-Sep-11 74,253 239,804 56.44 -
16-Aug-11 30-Sep-11 3 30-Jun-11 72,941 212,262 50.33 -
25-May-11 30-Sep-11 2 31-Mar-11 69,776 186,717 44.12 -
23-Feb-11 30-Sep-11 1 31-Dec-10 66,170 148,540 35.41 -
ttm-EPS 186.3 sen
Price $16.20
Trailing PE 8.7 x
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2445.kl KLK
1899.kl Batu Kawan
1899.kl Batu Kawan
Comparing share price appreciation of KLK and Batu Kawan
Thursday, 30 December 2010
Glove lovely growth: Rubber glove exports are due to grow 23 per cent to RM8.8 billion this year
By Ooi Tee Ching
Published: 2010/12/30
Malaysia is set to post record rubber glove exports for the eighth straight year in 2010, driven by higher global demand for medical gloves.
Rubber glove exports are due to grow 23 per cent to RM8.8 billion this year, said The Malaysian Rubber Glove Manufacturers Association (Margma).
For the last 15 years, Malaysia has been the world's top supplier of rubber gloves. Last year, the country exported close to 100 billion pieces of rubber gloves to more than 180 countries.
This volume makes up two-thirds of the global market for rubber gloves. Healthcare products like medical gloves continue to see strong demand despite the current lacklustre global economic growth.
"Rubber gloves, be they natural rubber or synthetic, are a necessity in the healthcare and food-handling sectors," Margma president Lee Kim Meow said in a recent interview.
"We expect further growth on the back of rising healthcare awareness in emerging markets, especially in China, India and the Latin American countries," he said.
This is because emerging markets currently spend less on healthcare compared with developed nations like the US, Europe and Japan.
Despite the strong headwinds buffeting the industry, Lee is optimistic that next year's global glove exports from Malaysia will expand by 10 per cent to 108 billion pieces.
Latex cost, which used to be 55 per cent of the total production cost, has swollen to more than 65 per cent since the sudden spike in natural rubber prices over the last three months.
Currently, the average rubber glove selling price is at US$32 per 1,000 pieces, about 23 per cent higher than a year ago.
Lee said Margma members are likely to keep raising rubber glove prices in tandem with the rising latex prices and the weakening US dollar.
Natural rubber latex prices have risen by 65 per cent from an average of RM6 a kg from a year ago. Yesterday, it closed at RM9.89 a kg.
The US dollar, currently trading at RM3.09, has also weakened against the ringgit by 10 per cent compared with RM3.45 about 10 months ago.
Costly natural rubber latex have prompted many glovemakers to produce less natural rubber gloves and more of the synthetic variant.
This trend bodes well with Kuala Lumpur Kepong Bhd (KLK) as it seeks to tighten its grip on the world’s supply of nitrile latex, which is mainly used to make synthetic gloves.
KLK, which holds 19 per cent of Yule Catto & Co plc, supports the UK firm’s buy of Germany’s PolymerLatex Group for e443 million (RM1.8 billion). Chemical maker Yule Catto, listed on the London Stock Exchange, is the owner of the Synthomer Group’s polymers business.
Synthomer’s unit in Malaysia runs a 130,000-tonne-per-year nitrile plant in Kluang, Johor. On the other hand, PolymerLatex operates a 100,000-tonne-a-year plant in Pasir Gudang, Johor.
When asked to comment on KLK and Yule Catto’s decision, Lee replied: “We welcome the move. Our members look forward to see how Yule Catto can offer a wider variety of feedstock to work with.
“We’re actually not short of nitrile latex suppliers,” he said, adding that Bangkok Synthetics Co Ltd is planning to put up a 110,000-tonne a year plant at Rayong province in southern Thailand.
The plant is scheduled to supply nitrile latex to rubber glove makers in Thailand, Malaysia and Indonesia by the third quarter of 2012.
Read more: G-lovely growth http://www.btimes.com.my/Current_News/BTIMES/articles/9Bglove-2/Article/index_html#ixzz19bnenl59
Monday, 25 October 2010
Plantation stocks up as CPO climbs
Plantation stocks up as CPO climbs
Tags: Batu Kawan | Boustead | Genting Plantations | IOI Corp | KLK | Kulim | Sime Darby
Written by Surin Murugiah
Monday, 25 October 2010 11:29
KUALA LUMPUR: PLANTATION []-related stocks advanced on Monday, Oct 25 as crude palm oil futures rose Monday morning and was up RM66 per tonne to RM3,071.
At 11.40am, KLK was up 44 sen to RM18.94, Kulim gained 27 sen to RM9.79, Boustead and Batu Kawan were up 24 sen each to RM5.90 and RM15.54 respectively, Genting Plantations rose 14 sen to RM8.58, Sime Darby up eight sen to RM8.88 and IOI Corp added three sen to RM5.82.
http://www.theedgemalaysia.com/business-news/175913-plantation-stocks-up-as-cpo-climbs.html
Tags: Batu Kawan | Boustead | Genting Plantations | IOI Corp | KLK | Kulim | Sime Darby
Written by Surin Murugiah
Monday, 25 October 2010 11:29
KUALA LUMPUR: PLANTATION []-related stocks advanced on Monday, Oct 25 as crude palm oil futures rose Monday morning and was up RM66 per tonne to RM3,071.
At 11.40am, KLK was up 44 sen to RM18.94, Kulim gained 27 sen to RM9.79, Boustead and Batu Kawan were up 24 sen each to RM5.90 and RM15.54 respectively, Genting Plantations rose 14 sen to RM8.58, Sime Darby up eight sen to RM8.88 and IOI Corp added three sen to RM5.82.
http://www.theedgemalaysia.com/business-news/175913-plantation-stocks-up-as-cpo-climbs.html
Wednesday, 26 May 2010
A quick look at KLK (26.5.2010)
A quick look at KLK (26.5.2010)
http://spreadsheets.google.com/pub?key=tiqZWoM_oZRjfGawqsN8J8w&output=html
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