Research and valuation
Independent research on the Group is published regularly by its brokers Cavendish.
Independent research on the Group is published regularly by its brokers Cavendish Capital Markets. Institutional investors can request the Cavendish Capital Markets’ research by contacting Nigel Parson (nparson@cavendish.com) or at the Cavendish Research Portal.
At the end of the year a valuation of the Group’s land and property assets was undertaken by an independent valuer, Khong & Jaafar Sdn Bhd.
Analysis of group equity value
31 December 2022
| Market value per planted hectare (US$) |
Market value attributable to Group (US$’000) |
||
|---|---|---|---|
Plantations |
Group |
||
| Kota Bangun | 21,800 | 214,130 | |
| Bumi Mas | 22,500 | 160,360 | |
| Bangka | 20,800 | 115,200 | |
| Musi Rawas | 22,500 | 146,015 | |
| Pangkatan Group | 17,600 | 116,755 | |
| Simpang Kiri | 13,600 | 31,350 | |
| 20,700 | 783,810 | ||
Smallholders |
|||
| Kota Bangun | 6,400 | 28,215 | |
| Bumi Mas | 5,200 | 7,125 | |
| Bangka | 4,700 | 16,380 | |
| Musi Rawas | 7,400 | 19,665 | |
| Pangkatan group | 4,100 | 3,515 | |
| Simpang Kiri | 2,000 | 475 | |
| 5,800 | 75,375 | ||
Associates |
|||
| Kerasaan | 14,800 | 12,578 | |
| 14,800 | 12,578 | ||
Property |
Bertam Properties | n/a | 49,312 |
| 49,312 | |||
| Net funds | n/a | 31,743 | |
| Other assets and liabilities | n/a | 22,147 | |
| Total equity value | 974,965 | ||
| Equity value per share(£) | 14.98 |
Strategy
Our principal activity is the production of certified sustainable crude palm oil.
Email alerts
If you would like to have email alerts sent to you by M.P. Evans then please register and provide us with the required details.