Halcyon Agri Last:0.41 -

Hidden Gem

Yes.. current level just collect it only..hold another 3 months will know the result..
pre-covid average ASP around 1500 price about 0.45.. now ASP for first three month average around 1700..
if the ASP maintain 1700 for next three months i believe the share price should not 0.26-0.28

contarian ( Date: 25-May-2021 10:29) Posted:

PRC imports of rubber up by 150,000mt JAN - APR, while PRC natural rubber inventory levels are down by 130,000mt. High operating rates, record imports.
This will trend continue to bolster rubber prices into the second half of 2021. Once ASP > unit costs, their plantation segment will flip from loss to profit -> that' s the point to look out for.

yeah!!... keep on collecting... current TSR20 rubber price above pre covid...

Up Next, a Possible Tire Shortage

https://www.caranddriver.com/news/a36312124/tire-shortage-possible/

Bloomberg has reported that the supply of natural rubber, which comes from rubber trees mostly grown in Southeast Asia, is about to get harder to find. There are a number of reasons, but the main one is that supply was high recently and, because of COVID-19, rubber producers were not able to plant new rubber trees as they otherwise would have. Since these trees take seven years to mature and leaf disease and flooding have affected the trees that offer the current rubber supply, the supply is dropping. Add to that higher demand from China, which is the largest consumer of natural rubber in the world and is bouncing back from the pandemic before other major industrial countries, and a lack of shipping containers, and you have a situation where the forecasters can see trouble on the horizon.

Brend crude hitting 70, the higher the oil prices, rubber keep marching
with both heathcare and green auto-vehicles stimulating demand, hopefully HA is matured now like STA
India a huge consumer and producer but pandemic there creating bottlenecks

when Sinochem tookover HA in 2016 was 70cts above
NAV sgd 62cts as of 31 Dec 2020
after 4 years, lets see if this rubber supply chain is as matured as STA

boringguy ( Date: 18-May-2021 11:10) Posted:

yes.. STA got glove to support during rubber price drop.. HA pure on rubber will benefit when automative segment going to transcation from fuel to EV.. it will cause more demand on the rubber.. STA will benefit from it as well but glove profit will drop due to asp second drop it can offset by rubber price...

China stockpile a lot rubber due to their internal demand on EV car very high and they are less impact from covid...
now US and Euro coming back, current covid situation at US and Euro under control...

Ligaya ( Date: 18-May-2021 10:44) Posted:

STA had their gloves run, HA the next rubber run

yes.. STA got glove to support during rubber price drop.. HA pure on rubber will benefit when automative segment going to transcation from fuel to EV.. it will cause more demand on the rubber.. STA will benefit from it as well but glove profit will drop due to asp second drop it can offset by rubber price...

China stockpile a lot rubber due to their internal demand on EV car very high and they are less impact from covid...
now US and Euro coming back, current covid situation at US and Euro under control...

Ligaya ( Date: 18-May-2021 10:44) Posted:

STA had their gloves run, HA the next rubber run?

boringguy ( Date: 18-May-2021 00:21) Posted:

i think this stock is the most undervalue stock... rubber demand is coming back and a lot of asia country rubber tree production is drop because no well maintain plus covid case.. where halycon at good position because end of this year and next year will be more rubber tress mature and can product rubber....current the asp higher than pre covid situation.... shortage of rubber will be coming soon cause US and Euro will ramp up they automatic insdustry and push more EV car...

https://links.sgx.com/FileOpen/HAC_Interim_Update_Q1_2021.ashx?App=Announcement& FileID=666656

Halcyon Agri swings back to profit in Q1 2021 SINGAPORE, 17 May 2021 &ndash Halcyon Agri Corporation Limited (&ldquo Halcyon Agri&rdquo , the &ldquo Company&rdquo and together with its subsidiaries, the &ldquo Group&rdquo ), announces operating and financial performance for the first quarter ended 31 March 2021 (&ldquo Q1 2021&rdquo ). The Group witnessed robust demand for natural rubber that underpins the uptrend in natural rubber prices during Q1 2021. Sales volume in the first quarter was 306,733 mT, 9.2% higher than Q1 2020. Driven by margin expansion and effective cost control, the Group has reported a Q1 2021 EBITDA of US$14.1 million &ndash outperforming Q4 2020 and Q1 2020 EBITDA of US$0.2 million and negative US$3.7 million respectively. Coupled with the reduction in net financing costs, the Group has achieved a profit before tax position in Q1 2021. Commenting on the Group&rsquo s improved financial results, Mr Li Xuetao, Chief Executive Officer of Halcyon Agri said, &ldquo Since Q2 2020, we have made remarkable progress in all aspects of our business. The Q1 2021 financial results is a testament of this progress. On the back of the improving market sentiments, we are confident that the Group is heading towards the right direction. Our integrated global supply chain has given us the opportunity to continue staying close to our customers in meeting their increased demands and requirements.&rdquo &ldquo The rubber market remains upbeat and Halcyon Agri, having strengthened its balance sheet through recent completion of several financing initiatives, is well-positioned to ride on market recovery for further growth and to continue creating value for our stakeholders.&rdquo

STA had their gloves run, HA the next rubber run?

boringguy ( Date: 18-May-2021 00:21) Posted:

i think this stock is the most undervalue stock... rubber demand is coming back and a lot of asia country rubber tree production is drop because no well maintain plus covid case.. where halycon at good position because end of this year and next year will be more rubber tress mature and can product rubber....current the asp higher than pre covid situation.... shortage of rubber will be coming soon cause US and Euro will ramp up they automatic insdustry and push more EV car...

Swinging back to profits...finally some good news

https://tradingeconomics.com/commodity/rubber

Lol.......even when all stars align where got counter keep going up and up and up? Better biz condition leading to higher profits and higher share price is good already.

Shifu8888 ( Date: 05-May-2021 11:30) Posted:

Honestly no point if there is no BB or institutions interest.
It will be a case of insider pass to insider and insider as imposter in SJ to promote....
Not sustainable even if Cheong.

crystalbee ( Date: 05-May-2021 11:26) Posted:

Good news. Tighter supply and increasing demand from gloves and automotive industry. Hold tight.

Honestly no point if there is no BB or institutions interest.
It will be a case of insider pass to insider and insider as imposter in SJ to promote....
Not sustainable even if Cheong.

crystalbee ( Date: 05-May-2021 11:26) Posted:

Good news. Tighter supply and increasing demand from gloves and automotive industry. Hold tight.

https://economictimes.indiatimes.com/markets/commodities/news/rubber-climbs-1-month-peak-analysts-see-9-upside-time-to-take-positions/articleshow/82391122.cms

yup.. consider good new extra USD 30 million....
Demand for NR will be back...

Joelton ( Date: 04-May-2021 08:32) Posted:

Halcyon Agri bags three-year syndicated loan facility of up to US$300m

HALCYON Agri Corporation announced on Monday that it has clinched a three-year syndicated loan of up to US$300 million. The loan facility of US$270 million has a greenshoe option for up to an additional US$30 million.

Proceeds from the loan will be used to refinance the company' s existing US$300 million term loan due in December 2021.

The loan serves to strengthen the natural rubber supplier' s near-term liquidity and support capturing of new commercial opportunities in line with improving market conditions, Halcyon Agri said.

The process to establish the loan facility was supported by the Singapore branch of China Construction Bank Corporation as the original mandated lead arranger and bookrunner (MLAB), and several other MLABs.

The company said that the closure of the loan is a testament of the continued confidence of the financial institutions on Halcyon Agri, on the back of an issuance of US$200 million Sinochem International Corp guaranteed perpetual securities in November 2020.

The completion and drawdown of the loan facility are subject to certain conditions precedent, which are expected to be satisfied in May 2021, according to the bourse filing.

Chief financial officer of Halcyon Agri Jeremy Loh noted that " securing this facility marks another significant milestone" in the group' s funding initiatives following the issuance of perpetual securities in November 2020.

" With the completion of the refinancing exercise, we will shift our focus onto implementing our strategic priorities and delivering strong results to all of our stakeholders," Mr Loh said.