Short analysis for Eagle High Plantations (BWPT)

Pro
- Landbank is 450,000 ha (if fully planted will be world No 1)
- Total planted area is 150,000 ha, in which 68% is immature and less than 7 years old.
- Average palm oil age is <5 years old.
- from FY2017-FY2019 onwards about 68,000 ha of young trees will reach prime age, which will double CPO production
- Currently selling price values the company @ $4.4k / PLANTED ha (excluding landbank)
- Contrast this to Wah Seong wanted to invest in Ghana for $4k per ha (before planting)

Con
- Currently loss making for last 2Q due to low palm oil price and very high interest expenses
- Very high debt, very low cash reserve (need to keep borrow to service interest)
- HIGH risk of loan default
- Stopped planting activities since last year due to cashflow problem
- Felda is interested to buy

Disclosure : I have shares in BWPT bought during the downturn late last year

This post has been edited by gark: Mar 23 2016, 11:02 AM

unker gark long time no see~

BEST BWPT PGAS INCO all nice nice

PGAS, INCO, INDF already dumped previously

Holding AISA and BWPT.. bought recently.

dear sifus, if i'm interested to buy CLIQ, i assume it is worth to buy the warrant since the premium is -26.81% now. am i correct to say that?

still faithful to Mr Ho

Please do not buy the warrant as they failed to secure a "Qualifying Asset". Meaning you can only convert if they secure the QA which they have missed the window. Presently, they are liquidating the shares sometime before 8th of April.

Once you go in, you can never turn back. If you want to collect premium, I suggest maybe Focus Dynamics or N2N Connect warrants as an alternative.

Hi Guys,

I'm a newbie here and decided to open an account for e trading.

https://www.imoney.my/share-trading

From this website it seems like this company Jupiter offering quite a good deal. 0.20% and a minimum brokerage fee of RM10.

But why still many I saw would prefer those company like OSK (currenlyt is RHB if I'm not mistaken), Kenanga and etc?

Brief about myself, I'm a low risk appetite and the type would go for more dividend instead of those share that is active.

Can give any advise what should I look for?

tek tek moved!

SPAC warrant will be useless if they fail to get the QA, it will worth exactly 0.00

Dun fall into this trick.

Get M+ cash upfront account.. brokerage only 0.05%, RM 8 min.

Or. Amivest cash upfront .. 0.035%.. but heard got admin fees.

Newbie better play with cash upfront account, less chance of 'mistake' and kena force sell..

This post has been edited by gark: Mar 23 2016, 03:04 PM

Cantik! What's your expected % gain before exiting since this is a speculative investment, which is really rare to hear from you

2nd qtr FY16 shud be either this week or next. Should be interesting to see what's the figure from the share of loss from JCE.

Annjoo has been rallying a lot. So let's see how Tektek performs. Laggard follower or.....

This post has been edited by TC-Titan: Mar 23 2016, 03:12 PM

Gonna hold til after the next results announcement

Generally my required rate of return (paper gain) is 30-33% before considering to exit

Do you plan to take part in the Rights Issue + Bonus Issue on Shares & Warrants when they have finalised it?

Customs have given back all the documents taken from Tektek and released the frozen bank accs.

Seems like a good sign haha

What this tetek company do?

Hmm lets go look see first..


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Goreng stock.. negative earnings.. dun want..

This post has been edited by gark: Mar 23 2016, 03:25 PM

Look deeper into the financials

GARK Did u tambah lori/container for your SKPet a few rounds ago when the price was around 1.50 to 1.80? Or u have more than enuf d and still waiting for 2018?

Got enough OnG already.. now waiting for price up only..

But... if u believe u are right... then shouldn't u buy MOARRRR??

What's the % for O&G for your overall investment portfolio?

Diversifikasi...diversifikasi...jangan taruk semua telur anda dalam katil yang sama

This post has been edited by Pink Spider: Mar 23 2016, 04:12 PM

thank you all sifus for explanations.