Updates

MP Evans

June 2025

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

Everything went well for Indonesia palm oil grower MP Evans in 2024 and it enjoyed a record year with EPS up 64% to 161.6 cents. During the period it processed 1,608,000 tonnes of fresh fruit bunches (FFB), just 1% below 2023’s level, a good performance compared to Indonesia as a whole, which was well down, due to bad weather. But the big story was the rise in crude palm oil (CPO) prices with the company achieving average mill-gate prices of US$823/tonne (FY23: US$729/tonne). Gross margins lifted off from 25.5% to 33%. Post US$21.6m capex, MP Evans generated free cash flow of almost US$115m, funding dividends (US$35.6m) and share buy-backs (13.4m), leaving it with net cash of US$46.4m from US$15m a year ago. Cavendish notes ...

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Hill & Smith

Franchise Brands - Two directors buy 65,000 shares each at 137.5p

MP evans (December 2024)

MP Evans - Investors valuing its palm oil plantations at 40% discount in spite of growth (June 2024)

MP Evans (November 2022)

MP Evans (August 2022)

MP Evans - Massive eps upgrades as palm oil prices soar (May 2022)

MP Evans - Palm oil business to double production by 2025 (March 2018)

MP Evans - Rejects 740p a share offer (January 2017)

MP Evans (July 2013)

MP Evans (January 2013)

MP Evens (December 2012)

MP Evans - Trading at 34% discount to NAV (June 2012)

MP Evans - H1 profit up 86% (November 2011)

MP Evans - On track for big production increase (July 2011)

MP Evans - Rise in palm oil prices and planted up area to drive eps upgrades (December 2010)

MP Evans - Higher prices offset lower production (June 2008)

MP Evans - Expanding palm oil producer (December 2007)

With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

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