Plantation stocks comparison - Koon Yew Yin
When Crude Palm Oil price is rising to historical high, it is advisable to buy plantation stock because they have very good profit growth prospect.
Which is the best plantation stock to buy?
The CPO price chart below shows that the CPO price started to go up from Rm 2,000 per ton in May 2020 2022 to peak at historical record high of Rm 7.108. In fact, CPO price has been below Rm 2.500 per ton for many years before.
The table below is a comparison of 8 leading plantation stocks which shows that Jaya Tiasa is the cheapest stock to buy, costing Rm 15,000 per hectare or Rm 6,000 per acre. Where can you buy oil palm plantation at Rm 6,000 per acre???. Please tell me if I have made a mistake!
|
Name |
Hectares |
Market Cap. |
MC÷Hectares |
|
Jaya Tiasa |
70,000 |
Rm 1,052 m |
Rm 15,000 |
|
MHC |
11,400 |
Rm 226 m |
Rm 19,800 |
|
Sarawak Pl |
35,000 |
Rm 784 m |
Rm 22,400 |
|
Subur |
13,00 |
Rm 362 m |
Rm 27,900 |
|
Cepatwawasa |
10,000 |
Rm 334 m |
Rm 33,400 |
|
Boustead Pl |
75,000 |
Rm 2,347 m |
Rm 31,700 |
|
SOP |
88,000 |
Rm 3,437 m |
Rm 39,000 |
|
Hap Seng |
35,000 |
Rm 2,232 |
Rm 63,000 |
Back ground of Jaya Tiasa
Jaya Tiasa Holdings Bhd is an investment holding company, operates as a timber producer in Malaysia. Business activity of the group is breakdown into various segments which include logs trading, manufacturing, oil palm, and others. Through its subsidiaries, the company manufactures a product such as sawn timber, blockboard, plywood, veneer and related products which are sold in the market of Asia Pacific, Middle East, Europe and Latin America. In addition, the firm also provides air transportation services and it is further engaged in the development of oil palm plantations.
The controlling shareholder is the family of Tan Sri Tiong Hiew King who is one of the richest men in Malaysia.
https://klse.i3investor.com/web/blog/detail/koonyewyinblog/2022-03-11-story-h1600187817-Plantation_stocks_comparison_Koon_Yew_Yin
