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Most plantations earnings are down QoQ. Mkhop revenue slides from 102 to 96m, but QoQ profit plunged 32m to 19m, that's substantial, almost 40 percent dive..!
QoQ revenue also drop from 465 to 340 million. Looks like most plantation earnings are and will be affected in the near future. High dividend payouts are no longer possible for most Co.
Assuming CPO trades sideways, most plantation Co. will record flat/lower earnings and high dividends will be unsustainable. Thus HSp dv maybe trimmed to 7-8c p.a. putting the price range at 1.6 to 1.96 ha ha
Revenue QoQ and YoY, both down. Property developers facing challenging times as sales plunged across the sector. Read the latest Market Research report guys