5 days ago Sardin selling, so say something good bout' the company.
Today say no good cause finish selling the share.
Now he is waiting to collect after ex. Wakakakaka.

Posted by Sardin > 5 days ago | Report Abuse

Since early 2023, coffee shops pop up like mushrooms in europe. You can see people selling coffee everywhere.
And because of high labour cost (salary), the operator are using machines so they could sell at more affordable price while saving headcount.

moven00, thanks for the info.

moven00, Is it possible to share more on the Q&A session?

Nothing wrong, sell on news ma. Maybe QoQ dropped 34%?
But its normal. Sometimes ppl just expects the result to grow each Q.

If you are Chintek shareholder, that's the result you should be worrying.

Just worry about after collecting the dividend, what are you planning
to do with it, ha ha ha!!!

So far, the management has been doing a good job. Let's just
trust that they will handle it well.

Great, another 1.5 sen dividend. Can consider good QR, YoY increased.

Hopefully FY 2023 divy will be more than RM 1.1

Normally, announcement will be made in last week of May.

Hopefully, just like what Jeffery1166 mentioned, another special dividend !!!!!

Heng Ong Huat !!!!! Divvy 18 sen, ex 12 May
5 sen special div, 13 sen 2nd interim div.

Ya lo, why worry so much? Most of their land are between
North South Highway n Weat Coast highway. It also near
Tanjung Malim. In 10 years time, it maybe 3 to 4 times
of current value.

Observatory, not to worry much unless April production also drop a lot.
Furthermore, no prosperity tax this year and fertilizer price is dropping.
I will not worry about EV. If the third word population is growing
demand will catch up. Of course those high cost and low yield company
will not survive.

At least when ppl shout got substance, like how many
worker/hectare, where to find price of coconut sold.
When 'fish' talk, all talk no substance. Don't even know
where to look for info. Don under stand meaning of hesitate lah.
I did mention at what price I will collect again.
Please check my post 6 days ago.

Please read the link posted by Sardin lo. Then only comment ma.

Everyone SELL now!!!!! Buyback in 2027!!!!!!!

Pinky, I was shocked too. I wrote to the management.
After I received their explanation, I decided not to sell.
I add a little bit with partial of the dividend I received.

2014 payout ratio is 1.23, that's UP paying their shareholders
the extra cash which they don't need.

Your investment horizon, needs, risk appetite are diff from mine.
I know its a cyclical stock when I invested in UP. As long as I'm ok with
the dividend paid and yield during down cycle, it fine for me. Not many can
pay a decent dividend during down cycle. That's to me is stable.

Good, if price drop below 12.5, I may consider slowly picking up some.
Please check your facts, look at their dividend in 2019, 2008 n 2009, then only talk.

Then you better sell. I'm here for stable dividend only. Bought few years ago.
Keep in fridge. Of course I wouldn't buy it now.

Should start to contribute next year.

Next will be the Tanarata oil palm estate which they bought in 2019

Fertilizer price is in a downtrend beginning of this year. Hopefully it will have reduce the cost of production significantly in the later part of the year

Bro, it's customers are mainly in O&G sector. The valuation won't be that high.

Opps, sorry, my mistake. Pantai Remis is oil palm plantation!

You no good lah. No wonder I Q@0.68 cannot get.

UP sold coconut at 1.24 in 2021, so 1.5 is reasonable. Most probably the soil is
not suitable to for palm oil, that's why coconut is planted.
When West coast highway start operation, the value of Pantai Remis coconut
plantation will skyrocket.

Sardin, I wrote to them twice, if memory serve me right, it's the commercial dir who replied. response very fast..
Regarding ha/worker, there are workers in R&D n palm oil mill too.
No need to calculate yourself. the figure given during AGM should be reliable.
They are not like Sime Darby, dare not even provide yield info in their AR. Can
you believe these guys.

Also, their coconut price selling price is mention in all the AR except year 2022 is being left out or maybe misprint.

Opps, my bad, maybe it's mention in year 2021. The 2021 AGM meeting minutes is not shown in website. You can write to them and ask. I attended the both AGM in 2021 n 2022. In one of the meeting the CEO did mention about it. Nation average is 8 ha/worker, UP is 12ha.

Please read the AGM meeting minutes. What happen to ppl nowaday. Just want everything handed to them in a silver platter. Haiz...

They also faced worker shortage for the last two year, they may use
some of the coconut plantation's worker to support the palm operation.
This might be one the reason why coconut output is declining.

Sardin, you can always ask in AGM.

Why bother? It's insignificant to the top n bottomline.

Normally announce in April, Ex date in Jume

Bro, result already out, read the AR. They don't have Q4 report.

Those who plan to attend the AGM may ask the management on diversification into durian plantation.

I've attended the virtual AGM before. The meeting minutes posted on the website
will have all the Q&A in it. Only downside is you get the info much more later.

Check the annual report.

Opps!!! wrong info. correction: It's 153Ton hedge at 4K/ton for less than 12 months, 38ton hedge at 4.31k/ton for more than 12 months

This year profit and div will probably be the same. Hedge more than 4K/ ton for 191 ton.

Yeah!!! Div RM 1 !!!! profit 606M

I hope you're right. But normally Q4 profit is lower than Q3

Is it???? Did dividend reduced is it? If not happy sell lo!!!!!

If current price not attractive, then sell like no tomorrow lo!!!!!

Who care! Important is dividend good, QR good. value appreciate!!!

Thank you obsevartory for your valuable input.

Hmmm, result out, average la.