Anglo-eastern Plantations Share Discussion Threads

[woracle] 11/5/2012 10:37

I don't any significance personally... its like comparing Tescos to Budgens.

[hvs] 11/5/2012 09:23

Wilmar and Noble who both refine palm oil posted very poor results yesterday.

Looks like the likes of AEP have the upper hand and its a sellers market .

[woracle] 10/5/2012 00:13

Fingers, a keen advfn chartist suggests this move will take AEP to 1000p.

[kermray] 09/5/2012 12:54

Looking good...

[undervaluedassets] 30/4/2012 08:25

Hard to fault.

As you say Noel no jump on the excellent results this morning .

But I think that these will "melt up" over time as these results sink in.

The whole palm oil sector has been in the ascendency this year backed by really tremendous results.

The story with AEP in particular is the same as it has been for a while - a tremendous growth story at a very reasonable price.

Where are we now on these results? pe of 8'ish with a 10 year compound annual average EPS growth rate of 30+% over the last decade. it is astonishing really. And little acknowledged or widely known about.

[bountyhunter] 30/4/2012 07:52

solid set of results imho

re the divi...

The final dividend will be paid on 9 July 2012 to those shareholders on the register on 8 June 2012. Shareholders choosing to receive their dividend in Sterling will do so at the rate ruling on 8 June 2012, when the register closes. Based on the exchange rate at 23 April 2012 of $1.6080/GBP, the proposed dividend would be equivalent to 3.7p, compared to 3.1p declared in respect of 2010.

[noelopan] 28/4/2012 13:20

I'm not sure if AEP shares will soar after releasing their yearly results.MPE and REA released nice results as well but the shareprice barely reacted.

[hvs] 27/4/2012 18:17

Thank you very much for that.

It will make for a good week .

[undervaluedassets] 27/4/2012 16:13

monday for results. I rang their brokers.

[hvs] 27/4/2012 14:02

Very very soon when we have results.

[undervaluedassets] 26/4/2012 10:20

breaking out ?

[undervaluedassets] 17/4/2012 07:55

should be nice read across from MPevans today

[undervaluedassets] 13/4/2012 12:12

These have the fundamentals of tobacco stocks.

Palm oil is in everything and we are hooked on the stuff.

[hvs] 12/4/2012 11:06

Very good article well researched.

[vinnegar] 11/4/2012 11:41

i made a little write up on Anglo-Eastern. i think the stock has very low profile and generally the growth story is not well explained. below a few key points - let me know what you think.

* they invests aggressively in plantation growth and by 2017 their mature plantation size may grow by 150% compared to 2010 which could translate into an equal growth in EPS.

* The company has an exceptionally strong balance sheet with a net cash position and a long history of prudent financial management (running ever increasing net cash balance since 2003).

* Long term average return on equity has been around 15% (excluding FX and biological assets revaluation impact). With the profit retention rate of 95% and assuming management can, in the long term, maintain the capital allocation efficiency that translates into potential for over 14% long term EPS growth.

* There is no broker coverage for the stock and there is limited press coverage.

* There is a limited institutional investor base and the majority of the stock belongs to a long term private investor who is also a member of the board.


see below for more:

[hvs] 10/4/2012 09:50

CPO hitting new highs.

[hvs] 08/4/2012 18:20

Agree with you.

They are very low profile but there is very good value here. Have to be patient.

Next results and outlook statemenmt will ingnite the share price

[undervaluedassets] 03/4/2012 10:32

3 month price performance sluggish compared to palm peers..

strange...

As on almost every measure would say these are cheapest

[hvs] 15/3/2012 14:24

I hope so can do with every penny.

[noelopan] 15/3/2012 14:14

let's hope that 'the best is yet to come'.I guess AEP can spike up if the board announce a significant dividend increase.Still have to wait until the end of april to know it.Their cash position was 84 million $ end september and the cash flows increase every month.So...i guess it's reasonable to reward the shaleholders by paying higher dividends.

[hvs] 14/3/2012 18:37

Very good move and a lot more to come.

[weemonkey] 14/3/2012 18:24

And still cheap given pe, growth to date and prospects.

last interims were stellar.

quality will out

[bountyhunter] 14/3/2012 18:04

nice move! :-)

[lobby ludd] 14/3/2012 17:23

Closed at 801p, an all-time high I think.

[undervaluedassets] 08/3/2012 11:39

Palm oil price going gangbusters at the moment that is for sure