Halcyon Agri    Last:0.41   -

Hidden Gem

Thanks, that makes sense from a commercial perspective and fits the narrative of being an integrated player. The ability to control upstream supply through to mid and downstream distribution will help cut out a lot of the middleman and improve operating margins. With the recent results, that is not reflecting as yet but last year was a funny year for more companies due to Covid-19 so that does not reflect the state of affairs. Let' s see how the upcoming quarters will pan out but if nothing goes haywire, the simple way to read this is that it should mirror TSR20 price movement over time.

Stanley70      ( Date: 03-Mar-2021 21:35) Posted: I read a report, they are actually spending to plant rubber since years back. Rubber tk 6 years to harvest. So this few years CMC has to allocate cost to cover plantation, 38000 hec in Africa. Now around 25 Mil ton own production till 60 mil ton in 2025. This is investment phase. So every year towards 2025, will contribute more to profit, coupled w higher price, hopefully will reap higher profit. This will increase profit compared to buy raw latex, process and resale. n3wbie      ( Date: 02-Mar-2021 23:36) Posted: I' ve noticed over the past years, this stock always has some interesting movements but the trend for TSR20 is positive as mentioned. The balance sheet however is weak, which is masked by their perpetuals, of which half are accounted as equity. They' ve not done well, in terms of generating shareholder returns over the years. Remains to be seen what the Chinese owners are going to do with the company.

 

Should change No more hidden gem Uncovered stone.

Stanley70      ( Date: 03-Mar-2021 21:54) Posted: Just thinking....if Good Year which just acq Cooper tire for 2.8 bil to further become world biggest tire co can buy over Halcyon for 800mil only, share will then be 50cts per share. Everyone will be happy! Gd Year anticipate high tire demand coming month/yr and greater presence in China, to acq Cooper. Gd if they can ensure raw rubber supply for their tire.....

 

Just thinking....if Good Year which just acq Cooper tire for 2.8 bil to further become world biggest tire co can buy over Halcyon for 800mil only, share will then be 50cts per share. Everyone will be happy! Gd Year anticipate high tire demand coming month/yr and greater presence in China, to acq Cooper. Gd if they can ensure raw rubber supply for their tire.....

 

I read a report, they are actually spending to plant rubber since years back. Rubber tk 6 years to harvest. So this few years CMC has to allocate cost to cover plantation, 38000 hec in Africa. Now around 25 Mil ton own production till 60 mil ton in 2025. This is investment phase. So every year towards 2025, will contribute more to profit, coupled w higher price, hopefully will reap higher profit. This will increase profit compared to buy raw latex, process and resale.

n3wbie      ( Date: 02-Mar-2021 23:36) Posted: I' ve noticed over the past years, this stock always has some interesting movements but the trend for TSR20 is positive as mentioned. The balance sheet however is weak, which is masked by their perpetuals, of which half are accounted as equity. They' ve not done well, in terms of generating shareholder returns over the years. Remains to be seen what the Chinese owners are going to do with the company.

 

that y its halt?

SmallSmall      ( Date: 03-Mar-2021 11:27) Posted: Chiong Ah ! SGX takes up stake in HeveaConnect, digital marketplace for sustainable natural rubber SINGAPORE, 3 March 2021 &ndash Halcyon Agri Corporation Limited (&ldquo Halcyon&rdquo , the &ldquo Company&rdquo and together with its subsidiaries, the &ldquo Group&rdquo ), announces that Singapore Exchange Ltd (&ldquo SGX&rdquo ), through its wholly owned subsidiary, Asian Gateway Investments Pte. Ltd. invested US$1.5 million in HeveaConnect Pte. Ltd. (&ldquo HeveaConnect&rdquo ), in return for a 9.09% stake. HeveaConnect was incorporated on 28 August 2018 with the ambition to digitalise the traditional natural rubber supply chain and fulfil the growing demand from consumers for sustainably sourced and responsibly produced natural rubber. Its platform today pioneers a sustainability dashboard, providing global market participants with vital integrated supply chain, traceability and sustainability data. SGX&rsquo s investment in HeveaConnect aims to bolster HeveaConnect&rsquo s capability as the preferred price discovery platform for sustainable rubber. This will in turn promote best practices along the natural rubber supply chain. Accelerating industry adoption for an independent platform Since the launch of the platform in April 2019, HeveaConnect has successfully matched over 250,000 metric tonnes of physical natural rubber for global tyre majors including some of our key customers, with gross sales value exceeding US$325 million. As a yardstick, annual global consumption of natural rubber on tyre and tyre products for 2021 is estimated to be 9.4 million metric tonnes1 , suggesting huge growth potential for HeveaConnect once the platform receives industry-wide adoption. SGX&rsquo s investment into HeveaConnect will play an integral role to boost industry-wide adoption as market participants require an independent platform. With the above in mind, and as part of the Group&rsquo s continued commitment towards sustainability, the Company has transferred 14.73% of its shares in HeveaConnect to HeveaConnect Equity Trust. Such shares will be administered by an independent trustee, to be eventually distributed to eligible organisations involved in promoting the sustainability agenda in the natural rubber industry. Upon the completion of the above transactions, Halcyon will relinquish its controlling stake in HeveaConnect, with its shareholding reduced to 49.91%. ITOCHU and DBS&rsquo s shareholding will also stand at 17.27% and 9.00% respectively subsequent to the transactions. Taking HeveaConnect to the next stage of growth Ng Eng Kiat, Managing Director of Halcyon&rsquo s global tyre sector platform commented, &ldquo Since the inception of HeveaConnect, both Halcyon and ITOCHU have been using the platform to market our products to some of our customers. With the ever-increasing emphasis on traceability and sustainability, which are driven by demands from the automakers &ndash the customers of our customers, we aim to continue providing quality products, and excelling at the most stringent and rigorous requirements. 1 World Rubber Industry Outlook issued on December 2020 by International Rubber Study Group Page 2 of 2 &ldquo We believe that HeveaConnect is an excellent platform for natural rubber producers and consumers alike, as well as other market participants that share the same vision to create a fair and equitable supply chain for natural rubber. The digital transformation of the natural rubber industry is long overdue, seeing the rapid technological developments in other facets of human lives, and we sincerely hope that HeveaConnect will be the key catalyst for Industry 4.0 of natural rubber. &rdquo &ldquo We wish continued success for HeveaConnect in its next stage of growth, and we would like to extend our deepest gratitude to various stakeholders that have been involved since the start of the journey.&rdquo

 

Chiong Ah !

SGX takes up stake in HeveaConnect, digital marketplace for sustainable natural rubber SINGAPORE, 3 March 2021 &ndash

Halcyon Agri Corporation Limited (&ldquo Halcyon&rdquo , the &ldquo Company&rdquo and together with its subsidiaries, the &ldquo Group&rdquo ), announces that Singapore Exchange Ltd (&ldquo SGX&rdquo ), through its wholly owned subsidiary, Asian Gateway Investments Pte. Ltd. invested US$1.5 million in HeveaConnect Pte. Ltd. (&ldquo HeveaConnect&rdquo ), in return for a 9.09% stake.

HeveaConnect was incorporated on 28 August 2018 with the ambition to digitalise the traditional natural rubber supply chain and fulfil the growing demand from consumers for sustainably sourced and responsibly produced natural rubber. Its platform today pioneers a sustainability dashboard, providing global market participants with vital integrated supply chain, traceability and sustainability data.

SGX&rsquo s investment in HeveaConnect aims to bolster HeveaConnect&rsquo s capability as the preferred price discovery platform for sustainable rubber. This will in turn promote best practices along the natural rubber supply chain. Accelerating industry adoption for an independent platform Since the launch of the platform in April 2019, HeveaConnect has successfully matched over 250,000 metric tonnes of physical natural rubber for global tyre majors including some of our key customers, with gross sales value exceeding US$325 million. As a yardstick, annual global consumption of natural rubber on tyre and tyre products for 2021 is estimated to be 9.4 million metric tonnes1 , suggesting huge growth potential for HeveaConnect once the platform receives industry-wide adoption. SGX&rsquo s investment into

HeveaConnect will play an integral role to boost industry-wide adoption as market participants require an independent platform. With the above in mind, and as part of the Group&rsquo s continued commitment towards sustainability, the Company has transferred 14.73% of its shares in HeveaConnect to HeveaConnect Equity Trust. Such shares will be administered by an independent trustee, to be eventually distributed to eligible organisations involved in promoting the sustainability agenda in the natural rubber industry. Upon the completion of the above transactions,

Halcyon will relinquish its controlling stake in HeveaConnect, with its shareholding reduced to 49.91%. ITOCHU and DBS&rsquo s shareholding will also stand at 17.27% and 9.00% respectively subsequent to the transactions. Taking HeveaConnect to the next stage of growth Ng Eng Kiat, Managing Director of Halcyon&rsquo s global tyre sector platform commented, &ldquo Since the inception of HeveaConnect, both Halcyon and ITOCHU have been using the platform to market our products to some of our customers. With the ever-increasing emphasis on traceability and sustainability, which are driven by demands from the automakers &ndash the customers of our customers, we aim to continue providing quality products, and excelling at the most stringent and rigorous requirements. 1 World Rubber Industry Outlook issued on December 2020 by International Rubber Study Group Page 2 of 2 &ldquo We believe that HeveaConnect is an excellent platform for natural rubber producers and consumers alike, as well as other market participants that share the same vision to create a fair and equitable supply chain for natural rubber. The digital transformation of the natural rubber industry is long overdue, seeing the rapid technological developments in other facets of human lives, and we sincerely hope that HeveaConnect will be the key catalyst for Industry 4.0 of natural rubber. &rdquo &ldquo We wish continued success for HeveaConnect in its next stage of growth, and we would like to extend our deepest gratitude to various stakeholders that have been involved since the start of the journey.&rdquo

 

Haha.. maybe announce going into hemp business.

smallsgshare      ( Date: 03-Mar-2021 08:13) Posted: Trade halt today.

 

Trade halt today.

 

I' ve noticed over the past years, this stock always has some interesting movements but the trend for TSR20 is positive as mentioned. The balance sheet however is weak, which is masked by their perpetuals, of which half are accounted as equity. They' ve not done well, in terms of generating shareholder returns over the years. Remains to be seen what the Chinese owners are going to do with the company.

 

Can chk TSR 20 Rubber price in google, fr avg 14++ last yr ( fr qtr report) to avg 16++ Jan & Feb. Today 1750, next qtr shld b much better. Since share price low now, holding is the strategy. Today, when closing only price drop to 26 level, only a handful manipulate pricing.

 

Maybe u can ask ironman from sri trang for advice. He work in rubber fraternity.i suspect he has many information that we may not know

Stanley70      ( Date: 01-Mar-2021 23:09) Posted: Those still have, advisable to hold further as price is low now, waiting to rise bk to b4 Covid. In fact now rubber price is even higher than end 2019.

 

The press release statement stated ebitda as 10.9m 2H, why the discrepancy? I'm ignorant on acct methods..my apologies

Stanley70      ( Date: 28-Feb-2021 23:35) Posted: Actually Ebitda 20.5M 2H not bad. If not accting method reduce 49M due to bio asset and some impairment aabt 10-15 Mil. Now TSR20 at 180/kg w much higher demand, next qtr shld be profiting.

 

Those still have, advisable to hold further as price is low now, waiting to rise bk to b4 Covid. In fact now rubber price is even higher than end 2019.

 

Thks, i am following the rubber price, tsr20 now at 178/kg, past 2 mths were gd avg 160+, volume increased too. Especially future May tranx. I think it can go back to 40+ cts, given 6 more months.

 

Be careful bro

Stanley70      ( Date: 28-Feb-2021 23:36) Posted: Buying on the rise of rubber price, a gd bet.

 

Buying on the rise of rubber price, a gd bet.

 

Actually Ebitda 20.5M 2H not bad. If not accting method reduce 49M due to bio asset and some impairment aabt 10-15 Mil. Now TSR20 at 180/kg w much higher demand, next qtr shld be profiting.

 

It is a recovery company with Nav abt 60c. Hope it goes into hemp business just like Sta.

rainbowman      ( Date: 26-Feb-2021 23:41) Posted: Really disappointing results. 2H still loss. Only bright side is next quarter will be better. Blowyouoff      ( Date: 26-Feb-2021 22:56) Posted: Overall P& L ain' t look good.. good only because of forex gain

 

Really disappointing results. 2H still loss. Only bright side is next quarter will be better.

Blowyouoff      ( Date: 26-Feb-2021 22:56) Posted: Overall P& L ain' t look good.. good only because of forex gain  smallsgshare      ( Date: 26-Feb-2021 21:35) Posted: The Group doubled its gross profits period-on-period, from US$33.7 million in H1 2020, to US$67.8 million in H2 2020, on the back of higher volumes and improved unit margin.

 

Overall P& L ain' t look good.. good only because of forex gain 

smallsgshare      ( Date: 26-Feb-2021 21:35) Posted: The Group doubled its gross profits period-on-period, from US$33.7 million in H1 2020, to US$67.8 million in H2 2020, on the back of higher volumes and improved unit margin.