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Halcyon Agri - HALCYON AGRI CORPORATION (5VJ.SI) : Company Factsheet (Quotes, News, Fundamentals) - ShareInvestor.com
Halcyon Agri - HALCYON AGRI CORPORATION (5VJ.SI) : Company Factsheet (Quotes, News, Fundamentals) - ShareInvestor.com
Yes!! you are right!! high possible the natural rubber will be shortage due to Thailand flood situation!!
Sinochem purchase a block of
162,864,000 shares at US$0.315 per share increasing tis stake from 54.99% to 65.2%
That is about S$0.447 per shares compares to current price of S$0.245
162,864,000 shares at US$0.315 per share increasing tis stake from 54.99% to 65.2%
That is about S$0.447 per shares compares to current price of S$0.245
Guest Presentation by Halcyon Agri Corporation Limited [NEW]
Date: 31 August 2022
Time: 12pm - 1pm
Register: https://bit.ly/3pjErMM
II. Presentation Outline
&bull Introduction to Halcyon Agri and its value proposition
&bull The Group&rsquo s financial highlights/business & operational highlights
&bull Plantation areas: yields from new openings
&bull Natural Rubber Industry Outlook: Underlying Supply & Demand Dynamics
&bull Positive tailwind factors and unlocking value from deleveraging plan
&bull The Group&rsquo s strategic positioning for FY2022 & Investment Merits
Date: 31 August 2022
Time: 12pm - 1pm
Register: https://bit.ly/3pjErMM
II. Presentation Outline
&bull Introduction to Halcyon Agri and its value proposition
&bull The Group&rsquo s financial highlights/business & operational highlights
&bull Plantation areas: yields from new openings
&bull Natural Rubber Industry Outlook: Underlying Supply & Demand Dynamics
&bull Positive tailwind factors and unlocking value from deleveraging plan
&bull The Group&rsquo s strategic positioning for FY2022 & Investment Merits
JPY Rubber Futures up sharply today
Yes finally see some good action today. This rubber counter should huat since oil and palm oil have gone up. Economies picking up.....changing tyres soon....lol.
Mystic_D_001 ( Date: 13-Oct-2021 12:09) Posted:
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SinoChem paid 72c to do takeover of Halcyon
NAV is 46c
Positive ++ Rubber in demand Q4 2021(EVs boom)
NAV is 46c
Positive ++ Rubber in demand Q4 2021(EVs boom)
Joelton ( Date: 13-Oct-2021 09:52) Posted:
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Yes, Restructure already completed.
TSR20 maintain 160 to 175, which is higher than pre covid time.
rubber production volume increase compare, expect 2nd half production will increase more than 1st half...
TSR20 maintain 160 to 175, which is higher than pre covid time.
rubber production volume increase compare, expect 2nd half production will increase more than 1st half...
Halcyon might break out of downtrend line today.
Can watch. DYODD
Can watch. DYODD
Halcyon Agri controlling shareholder offers US$50m revolving loan facility
NATURAL rubber supplier Halcyon Agri Corp has signed a facility agreement with its controlling shareholder, Sinochem International (Overseas), for a revolving loan facility of up to US$50 million.
This is meant to improve the financial flexibility of Halcyon Agri and its subsidiaries and provide additional capital for general working capital amid the challenges and uncertainties brought by the Covid-19 pandemic, the mainboard-listed firm said in a filing on Tuesday (Oct 12) evening.
It noted that the container shortages and longer shipping times, which increase working capital cycles, are expected to continue in the near term, given that the pandemic has disrupted the shipping industry.
Sinochem International (Overseas) has a direct stake of about 55 per cent in Halcyon Agri, and is a unit of Shanghai-listed state-owned enterprise Sinochem International Corp.
Halcyon Agri said: &ldquo Sinochem strongly supports its sole natural rubber franchise and will, from time to time, provide financial support&rdquo to the group when necessary.
The loan carries interest of 1.8 per cent per annum, and expires on Feb 28, 2022.
The amount of each drawdown under the revolving facility will be 95 per cent of the total outstanding trade receivables under the invoices presented by Halcyon Agri' s subsidiaries.
The entry into the facility agreement constitutes an interested-person transaction (IPT), with a total value of US$435,000 assuming the maximum US$50 million amount of the loan is fully used and remains outstanding until Mar 31, 2022.
Halcyon Agri said it is not required to seek shareholders' approval for the loan because the total value of all its IPTs with Sinochem amounted to only 0.4 per cent of the group' s audited consolidated net tangible assets as at Dec 31, 2020.
Its audit committee is of the view that the loan and the interest rate are on normal commercial terms and are not prejudicial to the interests of the company and its minority shareholders.
Oil price and Palm Oil price increase. Economies reopening one by one. Hope demand for rubber will surge and shake up this company.
Halcyon Agri swings to profit in H1 amid higher rubber prices
NATURAL rubber supplier Halcyon Agri Corp posted a net profit of US$759,000 for the first half of this year, reversing from the net loss of US$40.4 million in the year-ago period.
Revenue increased by 49.6 per cent year on year to US$1.15 billion for the six months ended June 30, from US$770.2 million previously.
This came as sales volume rebounded, and even exceeded pre-pandemic levels in H1 2019 by 7.4 per cent, while unit margins also improved, Halcyon Agri said in a bourse filing on Thursday evening.
Natural rubber prices had surged almost 30 per cent since the start of 2021 to a four-year high at the end of February.
The price increase was underpinned by robust post-lockdown demand and a supply shortage due to the reduction of economic activities in major rubber-producing countries to curb the recent surge in Covid-19 cases, Halcyon Agri group chief executive Li Xuetao said.
The group' s two key business segments are Halcyon Rubber Company, which supplies natural rubber to tyre makers, and Corrie MacColl International, which provides specialist polymers for industrial and non-tyre applications.
Despite the net profit during the first half, adjusted loss attributable to owners of the company still amounted to about US$3 million, after deducting some US$3.8 million in dividend reserved for distribution to perpetual securities holders.
Loss per share thus stood at 0.19 US cent for H1 2021, narrowing from the loss per share of 2.53 US cents a year ago.
No dividend was recommended for the first half of this year, given the insignificant profit for the period.
Halcyon Agri swings to profit in H1 amid higher rubber prices
Natural rubber supplier Halcyon Agri Corp posted a net profit of US$759,000 for the first half of this year, reversing from the net loss of US$40.4 million in the year-ago period.Revenue increased by 49.6 per cent year on year to US$1.15 billion for the six months ended June 30, from US$770.2 million previously.
This came as sales volume rebounded, and even exceeded pre-pandemic levels in H1 2019 by 7.4 per cent, while unit margins also improved, Halcyon Agri said in a bourse filing on Thursday evening.
Natural rubber prices had surged almost 30 per cent since the start of 2021 to a four-year high at the end of February.
The price increase was underpinned by robust post-lockdown demand and a supply shortage due to the reduction of economic activities in major rubber-producing countries to curb the recent surge in Covid-19 cases, Halcyon Agri group chief executive Li Xuetao said.
The group' s two key business segments are Halcyon Rubber Company, which supplies natural rubber to tyre makers, and Corrie MacColl International, which provides specialist polymers for industrial and non-tyre applications.
Despite the net profit during the first half, adjusted loss attributable to owners of the company still amounted to about US$3 million, after deducting some US$3.8 million in dividend reserved for distribution to perpetual securities holders.
Loss per share thus stood at 0.19 US cent for H1 2021, narrowing from the loss per share of 2.53 US cents a year ago.
No dividend was recommended for the first half of this year, given the insignificant profit for the period.
Shares in Halcyon Agri were flat at 26.5 Singapore cents at Thursday' s close, before it announced its results.
Good QR
https://www.reuters.com/article/rubber-ivorycoast-idAFL8N2M14AK
TSR20 back to 1.70
TSR20 back to 1.70
High volume today. Think results would be good.
There is a CNBC YouTube video ' What the rubber apocalypse means for the US economy' . Expect global rubber shortage amid high global demand. Rubber price should remain high for rest of the year and maybe rise up further. Good for Halcyon Agri.
crystalbee ( Date: 15-Jul-2021 11:41) Posted:
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yes!!
crystalbee ( Date: 15-Jul-2021 11:41) Posted:
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