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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Anglo-eastern Plantations Plc | LSE:AEP | London | Ordinary Share | GB0000365774 | ORD 25P |
| Price Change | % Change | Share Price | Shares Traded | Last Trade
|
|
|---|---|---|---|---|---|
| 16.00 | 2.22% | 736.00 | 11,918 | 16:35:18 |
| Bid Price | Offer Price | High Price | Low Price | Open Price | |
|---|---|---|---|---|---|
| 730.00 | 742.00 | 742.00 | 734.00 | 742.00 | |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Shortng,oils,margarine, Nec | USD 456.93M | USD 79.64M | USD 2.0094 | 3.65 | 290.93M |
| Last Trade Time | Trade Type | Trade Size | Trade Price | Currency |
|---|---|---|---|---|
| 15:31:56 | O | 641 | 731.92 | GBX |
| Date | Time | Source | Headline |
|---|---|---|---|
| 17/4/2024 | 07:00 | UK RNS | Anglo-Eastern Plantations PLC Transaction in Own Shares |
| 25/3/2024 | 07:00 | UK RNS | Anglo-Eastern Plantations PLC Transaction in Own Shares |
| 06/3/2024 | 07:00 | UK RNS | Anglo-Eastern Plantations PLC Transaction in Own Shares |
| 04/3/2024 | 07:00 | UK RNS | Anglo-Eastern Plantations PLC Transaction in Own Shares |
| 29/2/2024 | 07:00 | UK RNS | Anglo-Eastern Plantations PLC Transaction in Own Shares |
| 20/2/2024 | 07:00 | UK RNS | Anglo-Eastern Plantations PLC Transaction in Own Shares |
| 16/2/2024 | 07:00 | UK RNS | Anglo-Eastern Plantations PLC Transaction in Own Shares |
| 14/2/2024 | 07:00 | UK RNS | Anglo-Eastern Plantations PLC Transaction in Own Shares |
| 02/2/2024 | 15:46 | UK RNS | Anglo-Eastern Plantations PLC First Commercial BioCNG Plant Completed |
| 31/1/2024 | 07:00 | UK RNS | Anglo-Eastern Plantations PLC Transaction in Own Shares |
Anglo-eastern Plantations (AEP) Share Charts1 Year Anglo-eastern Plantations Chart |
|
1 Month Anglo-eastern Plantations Chart |
Intraday Anglo-eastern Plantations Chart |
| Date | Time | Title | Posts |
|---|---|---|---|
| 08/4/2024 | 15:50 | Anglo Eastern Plantations--oil my palms? | 1,993 |
| 01/4/2022 | 09:08 | ANGLO EASTERN VERY VERY CHEAP ASSETS Ј 1.40P | 291 |
| 12/6/2002 | 16:39 | Anglo Eastern Looks Dire | 18 |
| 11/4/2002 | 16:02 | Anglo Eastern Plantations Not so Dire | 17 |
| Trade Time | Trade Price | Trade Size | Trade Value | Trade Type |
|---|---|---|---|---|
| 2024-04-17 14:31:57 | 731.92 | 641 | 4,691.61 | O |
| 2024-04-17 14:22:13 | 734.00 | 323 | 2,370.82 | O |
| 2024-04-17 11:08:55 | 734.00 | 10,000 | 73,400.00 | AT |
| 2024-04-17 11:08:41 | 732.80 | 3 | 21.98 | O |
| 2024-04-17 09:37:17 | 732.80 | 407 | 2,982.50 | O |
| Top Posts |
|---|
Posted at 17/4/2024 09:20 by Anglo-eastern Plantations Daily Update Anglo-eastern Plantations Plc is listed in the Shortng,oils,margarine, Nec sector of the London Stock Exchange with ticker AEP. The last closing price for Anglo-eastern Plantations was 720p.Anglo-eastern Plantations currently has 39,636,372 shares in issue. The market capitalisation of Anglo-eastern Plantations is £290,930,970. Anglo-eastern Plantations has a price to earnings ratio (PE ratio) of 3.65. This morning AEP shares opened at 742p |
Posted at 19/3/2024 09:19 by ntv Interesting to note that the following from MPE results todayAs reported above, CPO prices were relatively stable during 2023, with the Group achieving an average mill-gate price of US$729 per tonne. This price stability has continued into the early part of 2024, with some price strengthening as the period continued. In early March, the Group has achieved some tender prices of a little over US$800 per tonne. |
Posted at 05/3/2024 15:33 by 34adsaddsa Not that it matters to the share price, but in case anyone is interested:"(Bloomberg) -- Stagnating production and dwindling stockpiles will underpin palm oil prices relative to other edible oils in the near term, according to veteran trader Dorab Mistry. Production in top grower Indonesia may fall by at least a million tons in 2024, while Malaysian output could remain flat, said Mistry, a director at Godrej International Ltd. The trend is likely to last at least five years, as the industry contends with aging trees, erratic weather and little improvement in farming practices, he said in an interview. “I think you have to be reasonably bullish on all oils, but particularly palm,” due to output constraints, he said on the sidelines of the Palm & Lauric Oils Price Outlook Conference in Kuala Lumpur. While production of other oilseeds is set to climb this year, “palm is unfortunately the laggard,” he said. Read More: Palm Oil Reserves in Malaysia Fell Almost 5% in February: Survey These supply problems are upsetting the hefty discount palm typically has to alternative oils. The tropical oil is trading at a premium to soybean oil and sunflower oil in some markets, an unusual phenomenon that’s set to continue until around October when palm production seasonally peaks, said Mistry, who has traded vegetable oils for decades. Benchmark palm oil futures have risen about 6% this year and traded at 3,942 ringgit ($834) a ton on Tuesday in Kuala Lumpur. Unpredictable weather is also a major wildcard for crop markets. Benign conditions have generally favored recent harvests and helped send a gauge of grain and oilseed prices to the lowest level in more than three years. But that may not last. “We dodged bullets in several parts of the world” last year, Mistry said. “We have got to be on our guard.” |
Posted at 27/1/2024 09:22 by 34adsaddsa No. Almost everyone would try to participate in the tender so people wouldn't get that much of their shares accepted and ownership would be further concentrated in the hands of the heirs of Madam Kim.People pushing for buybacks/tenders are making a mistake. A big special dividend and a doubled ordinary dividend hugely reduces the excess cash problem, leaves us less at the mercy of the share price valuation and doesn't cause delisting risk. |
Posted at 27/1/2024 04:04 by 34adsaddsa In the last six months, they've spent $85M on buying out minority interests. That's a lot of cash. They should pay a $100M special dividend and double the current dividend to 80 cents. That would instantly fix the share price problem. |
Posted at 09/1/2024 07:36 by skanjete2 I'm confident that this situation will sort itself out in de the coming 24 months.This company seems asleep, but a lot is going on behind the curtains : - loss making plantations in South Sumatera sold - intercompany loans between subsidiaries sorted out - minorities bought out - differentiation of cash pile to more dollar exposure - shareholder orientation improved : attractive dividend, set to increase - management succession plans initiated - buy back for future management incentives Only disappointment last year was a major expansion investment that failed to materialise. Things to be realised this year : - sale of Malaysia plantation - management succession formalisation - higher dividend - rationalisation of cash pile - replacement investments - expansion investment? But the main reason for an investment in this company is that cash will keep flowing in at a high rate. In the last 10 years, expansion of plantation acreage in Indonesia is very tough and almost non existant. In Malaysia, production has topped and is falling back. Demand for oil will keep rising at 3% a year, but production can't follow. So we're in for an extended period of high palm oil prices, even taking into account the Indonesian export taxes. At this low share price, this seems to me a low risk/high potential situation. In the meantime we're being nicely paid for waiting by the attractive dividend. |
Posted at 30/11/2023 10:22 by ilad60 Consolidation of AEP's Holdings in Its Indonesian SubsidiariesAEP is pleased to announce the completion of the acquisitions of the minority interests in the following Indonesian subsidiaries, from PT Marison Nauli Ventura ("MNV") for a total cash consideration of US$60 million. · 20% of the issued share capital of PT Tasik Raja ("Tasik"), · 20% of the issued share capital of PT Hijau Pryan Perdana ("HPP"), · 20% of the issued share capital of PT Bina Pitri Jaya ("BPJ"), · 10% of the issued share capital of PT Alno Agro Utama ("Alno") and · 25% of the issued share capital of PT Musam Utjing ("MU"). Following these transactions, the Company now wholly-owns Tasik, HPP, BPJ, Alno and MU. The purchase of the minority interests in these five subsidiaries is in line with the Group's stated strategy of consolidating AEP's holdings in its Indonesian subsidiaries with the Group's cash resources, as reported in our 2022 Annual Report. The acquisitions of the minority interests in Tasik, HPP, BPJ, Alno and MU is expected to enhance future earnings per share as it no longer has to apportion retained profits to MNV going forward. |
Posted at 24/8/2023 16:54 by tigerbythetail BTW, the maths of the share buyback is as follows...Company will buy up to 396360 shares = about 1% of company Free float and liquidity is limited on this stock, so even a 1% buyback should move the needle considerably Company has set aside £3.2m for this purpose = implied average buyback share price of 807p. (Obviously, if they start now, they can mop up quite a few shares at well below that price, so the buyback should act to drive the share price up to a distance beyond 807p. At least, that's what we hope!) All in all, I should probably add more here. But I'll sleep on that. |
Posted at 24/8/2023 15:08 by tigerbythetail Any chance the company could release these RNSs at 7am? And maybe give us notice in advance of when results will come out?Other than that whinge, the RNSs make mostly good reading. Very happy that they have announced an interim dividend (the yield is now credible, though it could still be much higher) and a share buyback (taking out even 1% of the free float may make a surprising difference to the share price). The share price here - by all objective measures - is obviously way too cheap now that the company is becoming increasingly shareholder friendly. Just compare to sector peer MPE. Anyway, I've bought quite a few AEP shares over the last few weeks, so I'll just hold on to what I've got for now and enjoy the (unexpected) interim dividend. |
Posted at 21/8/2023 08:40 by tigerbythetail Share price being taken down on low volume.Given the company has about 70% of its market cap in cash, and the major shareholder holds 51%, is this leading up to a buyout of the minorities by the major shareholder? They could entirely finance the bid (at a decent premium to the current share price!) using only the company's own cash. Any way you look at it, the directors should be deeply embarrassed by the current share price. There is no way are they properly representing the interests of all shareholders. |
Posted at 17/7/2023 10:44 by skanjete2 These buy-outs are really important and create a lot of value.Most of the cash is held at the subsidiary level. I think they never upstreamed it, because they wanted to deprive the minorities of important dividends so they would be motivated to sell, once the law allowed it. So every time a minority shareholder sells, the cash at the subsidiary becomes free to upstream. Then they can allocate it to buy out other minorities, dividend it out, or buy back some (or all?) shares. They have also more diversification possibilities for the cash. Now a lot is held in Indonesian Rupiah, so this would enable them to hold more US$. Also important is the price they pay minorities for their stakes : the paid price is meaningfully higher than NAV in the accounts, while the share price is meaningfully lower than the share price. The big one to take out is Tasik Raja, I guess. The total cost of buying out all minorities could be 60-80 mUS$, so quite an important investment. |
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