Highlights
KLSE: UTDPLT (2089)       UNITED PLANTATIONS BHD MAIN : Plantations
Last Price Today's Change   Day's Range   Trading Volume
30.94   +0.08 (0.26%)  30.76 - 31.02  1,020,700
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Overview

Market Cap: 12,879 Million
NOSH: 416 Million
Avg Volume (4 weeks):632,445
4 Weeks Range:26.40 - 31.44
4 Weeks Price Volatility (%):
90.08%
52 Weeks Range:15.88 - 31.44
52 Weeks Price Volatility (%):
96.79%
Average Price Target:-

Financial Highlight

Latest Quarter | Ann. Date 30-Sep-2024 [#3]  |  13-Nov-2024
Next QR | Est. Ann. Date: 31-Dec-2024  |  13-Feb-2025
T4Q P/E | EY: 16.74  |  5.97%
T4Q DY | Payout %: 0.00%  |  - %
T4Q NAPS | P/NAPS: 6.9252  |  4.47
T4Q NP Margin | ROE: 36.63%  |  26.69%

Headlines

Date Subject
22-Nov-2024 CPO price is rising rapidly as shown by chart below - Koon Yew Yin
14-Nov-2024 Mplus Market Pulse - 14 Nov 2024
14-Nov-2024 Mplus Market Pulse - 14 Nov 2024
14-Nov-2024 Daily Market Commentary - 14 Nov 2024
14-Nov-2024 United Plantations Announces Special Dividend and One-for-two Bonus Issue as 3Q Profit Slips 8.8%
14-Nov-2024 Daily Market Report - 14 Nov 2024
12-Nov-2024 Plantation Index Hits 29-month High as CPO Prices Continue to Climb
06-Nov-2024 IOI Corp Sees Less Than 1.5% Impact on Profit From Mandatory Foreign Worker Contribution to EPF, New Minimum Wage
12-Sep-2024 Palm Oil Sector Faces Headwinds as CPO's Edge Over Soybean Oil Seen Narrowing
06-Sep-2024 Trading Stocks - United Plantations
25-Jul-2024 Daily Market Commentary - 25 Jul 2024
25-Jul-2024 United Plantations 2Q Net Profit Up 17% on Higher Plantation and Refinery Profits
25-Jul-2024 Daily Market Report - 25 Jul 2024
04-Jul-2024 CPO Prices Stay Above RM4,000 for Second Straight Day
12-Jun-2024 下跌股:联合种植 RM23.46支撑
06-Jun-2024 下跌股:联合种植 阻力RM25.24
05-Jun-2024 Solar Power Could Generate 54X More Profits Than Palm Oil — Maybank
25-Apr-2024 Daily Market Report - 25 Apr 2024
25-Apr-2024 PublicInvest Research Headlines - 25 Apr 2024
25-Apr-2024 Mplus Market Pulse - 25 Apr 2024

Business Background

United Plantation Berhad cultivates and processes palm oil, coconuts, and other plantation crops. Its subsidiaries process and manufacture palm oil until it is ready to be packaged and distributed to customers worldwide. It owns light railway to transport products from palm trees to a handful of mills located on its property. Coconuts can be sold at a young age for drinking purposes, or as mature nuts to help produce milk, powders, and other products. End products produced by the company include cooking oils, ready-to-eat oils, soaps, and specialty fats. The remaining waste water and discharge from mill operations are used to produce fertilizers or shipped to ponds where it can be purified and released to rivers and waterways.
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  5 people like this.
 
pang72 Lagi sikit cross $30..

No pronlem..


Wait for next few days...
12/11/2024 5:10 PM
pang72 Friday 25 Nov shall announce special dividend.... If not later...
12/11/2024 6:57 PM
pang72 $30 by Friday... OK bo?
12/11/2024 6:57 PM
JrWarren Expect more payout in Q3 due to the 2% dividend tax.
My target is RM31.67 based on the 6% yield payout, using RM1.90 - 2023 dividend as benchmark.
If they pay more, price target will be higher.
12/11/2024 7:15 PM
BudiLee RM30 by tomorrow bro!
12/11/2024 7:45 PM
Sardin Dividend RM 1 I guess.
13/11/2024 12:00 PM
JrWarren My wild guess is RM1.20 in Nov and RM0.80 or more in next Feb.
13/11/2024 2:00 PM
Sardin RM 1.20 is very possible.
13/11/2024 4:26 PM
dam82 QR today right
13/11/2024 5:45 PM
KClow 😃
13/11/2024 5:54 PM
KClow 60sen divi. I think utdplnt bos wants to pay dividend tax
13/11/2024 6:04 PM
Diamond7 Bonus issue
1:2

Dividend????
None!
13/11/2024 6:05 PM
Diamond7 Oops! Sorry
60 cents dividend
13/11/2024 6:08 PM
dam82 no worries .... look for long term .. now i like more utdplt ..
13/11/2024 6:08 PM
Sardin Aiya, 60 sen not bad lah. Not too far from my initial guess of 80 sen. That means final dividend will be more loh. No worry. This is a good stock. Still better than average. Next year performance may be better. Bonus issue is good if you are not going to get odd lot.
13/11/2024 6:14 PM
Sardin dam82, are you going to have carlsberg tonight?
13/11/2024 6:16 PM
Diamond7 Utd plant...the best plantation share in klsc!
Good governance
Generous boss!
13/11/2024 6:26 PM
KClow Target rm35 maintained
13/11/2024 6:27 PM
dam82 off course i will need to support mah ... the world most probably best beeer 🍻🍻🍻🍻🍻🍻 ... need to sell whereever i can hahahah ....
13/11/2024 7:12 PM
catjedi Bonus issue before or after dividend payment?
13/11/2024 7:28 PM
dam82 Keep till retire this stock ...
13/11/2024 7:31 PM
Mabel KUALA LUMPUR (Nov 13): United Plantations Bhd (KL:UTDPLT) announced on Wednesday a 60 sen per share dividend payout — comprising a special dividend of 20 sen and an interim dividend of 40 sen — together with a one-for-two bonus issue, as it reported an 8.8% drop in its third quarter net profit following a jump in operating expenses.
14/11/2024 8:46 AM
JrWarren My tp is RM31.67 previously, but after the bonus issue announcement, I share the same tp opinion with KClow at RM35. UP has RM600m cash now and RM778m order book, enough for RM1.90 dividend. Dividend replaced with bonus issue reason is the following quote from financial report:

[Amidst the global uncertainties and challenges, management remains focused on its operations and is taking various means to improve yields, productivity and to reduce costs. This aim is pursued through ongoing mechanization initiatives and through the replanting of older, less productive oil palm stands with our latest in-house high yielding planting materials. These efforts are vital for our ability to remain competitive and profitable as increasing labour costs, energy, chemicals and building materials are expected to exert upward pressure on our cost base.]

Human word : Guys, UP needs money to replant the tree, modernize our operation efficiency to earn more money. So I need cash now and I give you 1 free share la, I will work my @ss off to earn more and grow ur new bonus share value.

2020 bonus issue very obvious is for market liquidity purpose because the price was half (circa RM13) after the bonus issue.
2024 bonus issue only 1 : 2, after issuance is about RM 20, very obvious not for liquidity purpose.

2020 UP priced at RM24 then bonus issue, It takes 4 years for UP to achieve same RM24 (14/3/2024) and bonus issue again. Ur capital gain double every 4 years or CAGR 20% p.a..

Of course I hope got some expansion via buying new land to cultivate.
14/11/2024 9:05 AM
BudiLee Be grateful people, this time divi RM0.60 + Big capital growth. This morning reached new milestone of RM30
14/11/2024 9:13 AM
Pinky I expect knee-jerk reaction today 😏
14/11/2024 9:47 AM
dam82 well said .. i would have disaspointed if they have declared a big divident that shows the decision made not due to business fundamental ... look for long term ... tanah rata still long way to go ..operational expenses will increase due to known facts but the prospect sitll there .. enjoy for now
14/11/2024 9:48 AM
BudiLee I told you right, +0.960 now
14/11/2024 10:04 AM
BudiLee +RM1.00 now
14/11/2024 10:05 AM
troy88 Congrats to all loyal shareholders. By far the best plantation stock and one of the very few stocks in bursa that is good for long term hold..
14/11/2024 10:11 AM
Pinky @troy88 yet analysts not covering it...
14/11/2024 10:19 AM
dam82 now wait to top up post bonus issue ...
14/11/2024 10:21 AM
BudiLee I wonder how many of you are happy today? 😀
14/11/2024 10:30 AM
Pinky The best United since Man United of Alex Ferguson
14/11/2024 10:40 AM
BudiLee I hope there will be bonus issue 1:100 or "unusual surprise" dividend from UP next month😁
14/11/2024 12:26 PM
Sardin Surprisingly bullish 😁
14/11/2024 12:29 PM
BudiLee Not bad UP, today + 0.94 , all other counters are red in color, except you green! Big Green!
14/11/2024 5:19 PM
rl68 @Fabien, kindly share what is your investment thesis for UP?
what is your exit policy?
Tq
15/11/2024 12:38 PM
dam82 I also curious if it’s reach 40 do you guys tempted to sell
15/11/2024 6:47 PM
BudiLee I put 50% of my total monthly income into UP and collect the Dividend. I don't intent to sell any for at least the next 2 years
15/11/2024 8:32 PM
winston1 Buying momentum still on. Next stop 35.00
15/11/2024 10:03 PM
Sardin lmao. Exit policy 🤣 This is a smart question. dam82, if it reaches 40, I'll research to find the reason to justify the price. If I cannot justify, I will suspect I overlook something, because this is UP. 😂 To avoid this trouble, I hope it to be stay at current price at least after long CNY break. Let us rest for a while. We old people should not get excited everyday.
15/11/2024 10:46 PM
KClow Stupead people sold apple and nvidia 10 years ago 5 years ago 20 years ago after 100% profit...
😂
Now profit at 100 000%
Get it??
16/11/2024 4:28 PM
KClow U sell utdplnt i will buy from u..but do remember to.come bak here and visit us ok after it passes rm50
16/11/2024 4:29 PM
mf Dow Jones

Dow Jones Industrial Average

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18,680.12

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16/11/2024 4:45 PM
DonovanTingQY I will be happy already if UTDPLT can sustain above RM30 until end of this year
18/11/2024 2:54 PM
BudiLee It will reach 40 by next month brother
18/11/2024 2:58 PM
BudiLee Known for its strong financials and consistent dividend history, UTDPLT is a top choice for those looking for a reliable income stream. It is one of the leaders in the palm oil industry with an impressive dividend yield and a track record of rewarding shareholders. It should definitely be on the list.
18/11/2024 4:43 PM
mf Dow futures tumble 500 points, S&P 500 futures lose 1% on Ukraine-Russia tensions
19/11/2024 10:20 PM
ultranippon18 Last year king of bursa is ytl power, this year definitely is utdplantation. Congratulations to who hit jackpot
20/11/2024 2:14 PM
DonovanTingQY I know you know how Bursa punya stocks work, BudiLee. They always pull back when they reach certain high price
21/11/2024 6:26 PM


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