Highlights
KLSE: UMCCA (2593)       UNITED MALACCA BHD MAIN : Plantations
Last Price Today's Change   Day's Range   Trading Volume
5.00   0.00 (0.00%)  0.00 - 0.00  0
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Financials


Market Cap: 1,049 Million

Market Cap 1,049 Million
NOSH 210 Million

Latest Audited Result:  30-Apr-2020

Latest Audited Result: 30-Apr-2020
Announcement Date 27-Aug-2020
Next Audited Result: 30-Apr-2021
Est. Ann. Date: 27-Aug-2021
Est. Ann. Due Date: 27-Oct-2021

Latest Quarter:  31-Jul-2020 [#1]

Latest Quarter: 31-Jul-2020 [#1]
Announcement Date 24-Sep-2020
Next Quarter: 31-Oct-2020
Est. Ann. Date: 18-Dec-2020
Est. Ann. Due Date: 30-Dec-2020
QoQ | YoY   105.80%  |    -90.38%

Annual (Unaudited) ( EPS: 7.52, P/E: 66.50 )

Revenue | NP to SH 293,982  |  15,772
RPS | P/RPS 140.15 Cent  |  3.57
EPS | P/E | EY 7.52 Cent  |  66.50  |  1.50%
DPS | DY | Payout % 8.00 Cent  |  1.60%  |  106.40%
NAPS | P/NAPS 6.28  |  0.80
YoY   137.77%
NP Margin | ROE 4.78%  |  1.20%
F.Y. | Ann. Date 30-Apr-2020  |  23-Jun-2020

T4Q Result ( EPS: -8.40, P/E: -59.52 )

Revenue | NP to SH 337,438  |  -17,621
RPS | P/RPS 160.86 Cent  |  3.11
EPS | P/E | EY -8.40 Cent  |  -59.52  |  -1.68%
DPS | DY | Payout % 8.00 Cent  |  1.60%  |  - %
NAPS | P/NAPS 6.25  |  0.80
QoQ | YoY   -211.72%  |    -228.89%
NP Margin | ROE -5.75%  |  -1.34%
F.Y. | Ann. Date 31-Jul-2020  |  24-Sep-2020

Annualized Result ( EPS: 6.76, P/E: 73.78 )

Revenue | NP to SH 347,144  |  14,216
RPS | P/RPS 165.49 Cent  |  3.02
EPS | P/E | EY 6.76 Cent  |  73.78  |  1.36%
DPS | DY | Payout % -
NAPS | P/NAPS -
QoQ | YoY   -9.87%  |    -90.38%
NP Margin | ROE 3.15%  |  1.08%
F.Y. | Ann. Date 31-Jul-2020  |  24-Sep-2020


Hints :
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Date Financial Result Financial Ratio Per Share Item Performance Valuation (End of Quarter) Valuation (Ann. Date)
F.Y. Ann. Date Quarter # Revenue PBT NP NP to SH Div Net Worth Div Payout % NP Margin ROE NOSH RPS Adj. RPS EPS Adj. EPS DPS Adj. DPS NAPS Adj. NAPS QoQ YoY EOQ Date EOQ Price EOQ P/RPS EOQ P/EPS EOQ P/NAPS EOQ EY EOQ DY ANN Date ANN Price ANN P/RPS ANN P/EPS ANN P/NAPS ANN EY ANN DY
30-Apr-2021 24-Sep-2020 31-Jul-2020 1 337,438 -30,379 -19,411 -17,621 16,779 1,311,057 - % -5.75% -1.34% 209,769 160.86 160.86 -8.40 -8.40 8.00 8.00 6.2500 6.25   -211.72%   -228.89% 30-Jul-2020 4.58 2.85 -54.52 0.73 -1.83% 1.75% 24-Sep-2020 4.70 2.92 -55.95 0.75 -1.79% 1.70%
30-Apr-2020 23-Jun-2020 30-Apr-2020 4 293,982 7,893 14,054 15,772 16,779 1,317,350 106.39% 4.78% 1.20% 209,769 140.15 140.15 7.52 7.52 8.00 8.00 6.2800 6.28   -75.16%   137.77% 30-Apr-2020 4.40 3.14 58.52 0.70 1.71% 1.82% 23-Jun-2020 4.54 3.24 60.38 0.72 1.66% 1.76%
30-Apr-2020 26-Mar-2020 31-Jan-2020 3 264,229 62,081 62,367 63,502 16,775 1,386,427 26.42% 23.60% 4.58% 209,747 125.98 125.96 30.28 30.27 8.00 8.00 6.6100 6.61   1.38%   422.56% 31-Jan-2020 5.25 4.17 17.34 0.79 5.77% 1.52% 26-Mar-2020 4.05 3.21 13.38 0.61 7.48% 1.98%
30-Apr-2020 18-Dec-2019 31-Oct-2019 2 230,235 61,342 60,879 62,638 16,775 1,383,961 26.78% 26.44% 4.53% 209,691 109.80 109.76 29.87 29.86 8.00 8.00 6.6000 6.60   358.18%   3,353.92% 31-Oct-2019 5.10 4.64 17.07 0.77 5.86% 1.57% 18-Dec-2019 5.35 4.87 17.91 0.81 5.58% 1.50%
30-Apr-2020 25-Sep-2019 31-Jul-2019 1 207,066 12,397 11,428 13,671 16,775 1,346,217 122.71% 5.52% 1.02% 209,691 98.75 98.71 6.52 6.52 8.00 8.00 6.4200 6.42   132.74%   -40.60% 31-Jul-2019 5.10 5.16 78.23 0.79 1.28% 1.57% 25-Sep-2019 5.15 5.22 78.99 0.80 1.27% 1.55%
30-Apr-2019 26-Jun-2019 30-Apr-2019 4 203,741 -48,730 -43,910 -41,762 16,775 1,467,838 - % -21.55% -2.85% 209,691 97.16 97.13 -19.92 -19.91 8.00 8.00 7.0000 7.00   -112.13%   -187.32% 30-Apr-2019 5.36 5.52 -26.91 0.77 -3.72% 1.49% 26-Jun-2019 5.25 5.40 -26.36 0.75 -3.79% 1.52%
30-Apr-2019 21-Mar-2019 31-Jan-2019 3 209,565 -22,487 -21,006 -19,687 16,773 1,513,940 - % -10.02% -1.30% 209,687 99.94 99.90 -9.39 -9.39 8.00 8.00 7.2200 7.22   -922.70%   -128.82% 31-Jan-2019 5.46 5.46 -58.15 0.76 -1.72% 1.47% 21-Mar-2019 5.40 5.40 -57.52 0.75 -1.74% 1.48%
30-Apr-2019 17-Dec-2018 31-Oct-2018 2 220,276 -2,413 -4,413 -1,925 16,773 1,507,607 - % -2.00% -0.13% 209,681 105.05 105.01 -0.92 -0.92 8.00 8.00 7.1900 7.19   -108.36%   -102.35% 31-Oct-2018 5.72 5.44 -623.05 0.80 -0.16% 1.40% 17-Dec-2018 5.41 5.15 -589.29 0.75 -0.17% 1.48%
30-Apr-2019 26-Sep-2018 31-Jul-2018 1 247,443 28,913 21,235 23,014 25,149 1,522,285 109.28% 8.58% 1.51% 209,681 118.01 117.96 10.98 10.97 12.00 11.99 7.2600 7.26   -51.88%   -73.70% 31-Jul-2018 6.10 5.17 55.58 0.84 1.80% 1.97% 26-Sep-2018 6.14 5.20 55.94 0.85 1.79% 1.95%
30-Apr-2018 28-Jun-2018 30-Apr-2018 4 277,728 58,603 46,217 47,826 25,149 1,671,077 52.59% 16.64% 2.86% 209,671 132.46 132.40 22.81 22.80 12.00 11.99 7.9700 7.97   -29.98%   -43.44% 30-Apr-2018 6.10 4.61 26.74 0.77 3.74% 1.97% 28-Jun-2018 6.08 4.59 26.65 0.76 3.75% 1.97%
30-Apr-2018 22-Mar-2018 31-Jan-2018 3 285,749 78,232 67,214 68,308 43,955 1,737,335 64.35% 23.52% 3.93% 209,570 136.35 136.22 32.59 32.56 21.00 20.95 8.2900 8.28   -16.55%   -9.86% 30-Jan-2018 6.43 4.72 19.73 0.78 5.07% 3.27% 22-Mar-2018 6.30 4.62 19.33 0.76 5.17% 3.33%
30-Apr-2018 18-Dec-2017 31-Oct-2017 2 297,330 94,303 82,175 81,858 60,695 1,738,742 74.15% 27.64% 4.71% 209,487 141.93 141.74 39.08 39.02 29.00 28.93 8.3000 8.29   -6.45%   43.84% 31-Oct-2017 6.76 4.76 17.30 0.81 5.78% 4.29% 18-Dec-2017 6.68 4.71 17.10 0.80 5.85% 4.34%
30-Apr-2018 19-Sep-2017 31-Jul-2017 1 290,784 102,012 88,452 87,499 64,871 1,728,129 74.14% 30.42% 5.06% 209,470 138.82 138.62 41.77 41.71 31.00 30.93 8.2500 8.24   3.48%   72.73% 31-Jul-2017 6.35 4.57 15.20 0.77 6.58% 4.88% 19-Sep-2017 6.78 4.88 16.23 0.82 6.16% 4.57%
30-Apr-2017 22-Jun-2017 30-Apr-2017 4 274,709 98,888 85,889 84,554 64,871 1,755,544 76.72% 31.27% 4.82% 209,242 131.29 130.96 40.41 40.31 31.00 30.93 8.3900 8.37   11.58%   41.94% 28-Apr-2017 6.18 4.71 15.29 0.74 6.54% 5.02% 22-Jun-2017 6.03 4.59 14.92 0.72 6.70% 5.14%
30-Apr-2017 28-Mar-2017 31-Jan-2017 3 252,331 94,339 76,241 75,781 50,219 1,728,439 66.27% 30.21% 4.38% 209,254 120.59 120.29 36.21 36.13 24.00 23.94 8.2600 8.24   33.16%   53.77% 31-Jan-2017 5.80 4.81 16.02 0.70 6.24% 4.14% 28-Mar-2017 6.10 5.06 16.84 0.74 5.94% 3.93%
30-Apr-2017 16-Dec-2016 31-Oct-2016 2 226,604 71,072 57,218 56,908 33,479 1,726,807 58.83% 25.25% 3.30% 209,309 108.26 108.03 27.19 27.13 16.00 15.96 8.2500 8.23   12.34%   25.64% 31-Oct-2016 5.57 5.14 20.49 0.68 4.88% 2.87% 16-Dec-2016 5.69 5.26 20.93 0.69 4.78% 2.81%
30-Apr-2017 22-Sep-2016 31-Jul-2016 1 202,025 60,771 50,736 50,657 33,460 1,696,761 66.05% 25.11% 2.99% 208,703 96.80 96.31 24.27 24.15 16.00 15.95 8.1300 8.09   -14.97%   8.38% 29-Jul-2016 5.78 5.97 23.81 0.71 4.20% 2.77% 22-Sep-2016 5.71 5.90 23.52 0.70 4.25% 2.80%
30-Apr-2016 29-Jun-2016 30-Apr-2016 4 205,736 70,234 59,748 59,572 33,460 1,709,025 56.17% 29.04% 3.49% 209,183 98.35 98.08 28.48 28.40 16.00 15.95 8.1700 8.15   20.88%   26.25% 29-Apr-2016 5.96 6.06 20.93 0.73 4.78% 2.68% 29-Jun-2016 5.72 5.82 20.09 0.70 4.98% 2.80%
30-Apr-2016 29-Mar-2016 31-Jan-2016 3 205,901 59,384 49,281 49,281 33,322 1,693,064 67.62% 23.93% 2.91% 209,278 98.39 98.16 23.55 23.49 16.00 15.89 8.0900 8.07   8.80%   -8.14% 29-Jan-2016 5.94 6.04 25.23 0.73 3.96% 2.69% 29-Mar-2016 6.03 6.13 25.61 0.75 3.91% 2.65%
30-Apr-2016 15-Dec-2015 31-Oct-2015 2 203,739 56,277 45,294 45,294 33,322 1,693,535 73.57% 22.23% 2.67% 209,078 97.45 97.13 21.66 21.59 16.00 15.89 8.1000 8.07   -3.09%   -28.95% 30-Oct-2015 6.06 6.22 27.97 0.75 3.57% 2.64% 15-Dec-2015 5.86 6.01 27.05 0.72 3.70% 2.73%
30-Apr-2016 21-Sep-2015 31-Jul-2015 1 212,836 58,042 46,739 46,739 33,173 1,674,835 70.98% 21.96% 2.79% 208,054 102.30 101.46 22.46 22.28 16.00 15.81 8.0500 7.98   -0.94%   -32.28% 31-Jul-2015 6.14 6.00 27.33 0.76 3.66% 2.61% 21-Sep-2015 5.60 5.47 24.93 0.70 4.01% 2.86%
30-Apr-2015 24-Jun-2015 30-Apr-2015 4 213,152 58,437 47,184 47,184 33,173 1,678,295 70.31% 22.14% 2.81% 207,453 102.75 101.61 22.74 22.49 16.00 15.81 8.0900 8.00   -12.05%   -32.78% 30-Apr-2015 6.38 6.21 28.05 0.79 3.56% 2.51% 24-Jun-2015 6.15 5.99 27.04 0.76 3.70% 2.60%
30-Apr-2015 25-Mar-2015 31-Jan-2015 3 228,538 66,031 53,650 53,650 49,588 1,580,894 92.43% 23.48% 3.39% 207,466 110.16 108.95 25.86 25.58 24.00 23.64 7.6200 7.54   -15.85%   -15.58% 30-Jan-2015 6.35 5.76 24.56 0.83 4.07% 3.78% 25-Mar-2015 6.40 5.81 24.75 0.84 4.04% 3.75%
30-Apr-2015 24-Dec-2014 31-Oct-2014 2 253,247 77,910 63,752 63,752 49,588 1,585,204 77.78% 25.17% 4.02% 207,216 122.21 120.73 30.77 30.39 24.00 23.64 7.6500 7.56   -7.63%   8.57% 31-Oct-2014 6.82 5.58 22.17 0.89 4.51% 3.52% 24-Dec-2014 6.32 5.17 20.54 0.83 4.87% 3.80%
30-Apr-2015 18-Sep-2014 31-Jul-2014 1 259,358 84,353 69,015 69,015 53,553 1,567,804 77.60% 26.61% 4.40% 206,834 125.39 123.64 33.37 32.90 26.00 25.53 7.5800 7.47   -1.69%   8.44% 31-Jul-2014 7.50 5.98 22.48 0.99 4.45% 3.47% 18-Sep-2014 7.00 5.58 20.98 0.92 4.77% 3.71%
30-Apr-2014 27-Jun-2014 30-Apr-2014 4 244,347 84,097 70,198 70,198 53,553 1,444,249 76.29% 28.73% 4.86% 206,321 118.43 116.48 34.02 33.46 26.00 25.53 7.0000 6.88   10.45%   2.17% 30-Apr-2014 7.13 6.02 20.96 1.02 4.77% 3.65% 27-Jun-2014 7.04 5.94 20.69 1.01 4.83% 3.69%
30-Apr-2014 20-Mar-2014 31-Jan-2014 3 225,134 74,479 63,554 63,554 43,094 1,555,975 67.81% 28.23% 4.08% 205,816 109.39 107.32 30.88 30.30 21.00 20.54 7.5600 7.42   8.23%   -10.81% 30-Jan-2014 6.91 6.32 22.38 0.91 4.47% 3.04% 20-Mar-2014 7.18 6.56 23.25 0.95 4.30% 2.92%
30-Apr-2014 19-Dec-2013 31-Oct-2013 2 202,177 68,221 58,720 58,720 43,094 1,555,007 73.39% 29.04% 3.78% 205,417 98.42 96.38 28.59 27.99 21.00 20.54 7.5700 7.41   -7.74%   -23.21% 31-Oct-2013 7.21 7.33 25.22 0.95 3.96% 2.91% 19-Dec-2013 7.08 7.19 24.77 0.94 4.04% 2.97%
30-Apr-2014 20-Sep-2013 31-Jul-2013 1 196,749 74,229 63,645 63,645 42,932 1,534,104 67.46% 32.35% 4.15% 205,368 95.80 93.79 30.99 30.34 21.00 20.47 7.4700 7.31   -7.37%   -16.26% 31-Jul-2013 7.41 7.73 23.91 0.99 4.18% 2.83% 20-Sep-2013 7.11 7.42 22.94 0.95 4.36% 2.95%
30-Apr-2013 27-Jun-2013 30-Apr-2013 4 206,090 82,704 68,709 68,709 42,932 1,541,757 62.48% 33.34% 4.46% 205,020 100.52 98.25 33.51 32.75 21.00 20.47 7.5200 7.35   -3.58%   -20.00% 30-Apr-2013 7.30 7.26 21.78 0.97 4.59% 2.88% 27-Jun-2013 7.40 7.36 22.08 0.98 4.53% 2.84%
30-Apr-2013 28-Mar-2013 31-Jan-2013 3 206,392 86,500 71,260 71,260 52,881 1,069,754 74.21% 34.53% 6.66% 204,541 100.90 98.39 34.84 33.97 26.00 25.21 5.2300 5.10   -6.81%   -26.03% 31-Jan-2013 7.01 6.95 20.12 1.34 4.97% 3.71% 28-Mar-2013 7.34 7.27 21.07 1.40 4.75% 3.54%
30-Apr-2013 19-Dec-2012 31-Oct-2012 2 214,180 94,555 76,470 76,470 52,881 1,071,971 69.15% 35.70% 7.13% 203,796 105.09 102.10 37.52 36.45 26.00 25.21 5.2600 5.11   0.62%   -18.46% 31-Oct-2012 7.16 6.81 19.08 1.36 5.24% 3.63% 19-Dec-2012 7.04 6.70 18.76 1.34 5.33% 3.69%
30-Apr-2013 20-Sep-2012 31-Jul-2012 1 213,444 95,141 75,999 75,999 52,755 1,078,632 69.42% 35.61% 7.05% 203,515 104.88 101.75 37.34 36.23 26.00 25.15 5.3000 5.14   -11.51%   -19.19% 31-Jul-2012 7.60 7.25 20.35 1.43 4.91% 3.42% 20-Sep-2012 7.48 7.13 20.03 1.41 4.99% 3.48%
30-Apr-2012 27-Jun-2012 30-Apr-2012 4 231,382 108,647 85,881 85,881 52,755 1,056,303 61.43% 37.12% 8.13% 203,135 113.91 110.30 42.28 40.94 26.00 25.15 5.2000 5.04   -10.85%   5.45% 30-Apr-2012 7.64 6.71 18.07 1.47 5.53% 3.40% 27-Jun-2012 7.33 6.44 17.34 1.41 5.77% 3.55%
30-Apr-2012 29-Mar-2012 31-Jan-2012 3 248,306 123,155 96,330 96,330 55,657 1,043,042 57.78% 38.79% 9.24% 202,926 122.36 118.37 47.47 45.92 27.50 26.53 5.1400 4.97   2.72%   32.07% 31-Jan-2012 6.80 5.56 14.32 1.32 6.98% 4.04% 29-Mar-2012 7.36 6.01 15.50 1.43 6.45% 3.74%
30-Apr-2012 15-Dec-2011 31-Oct-2011 2 237,960 121,963 93,781 93,781 55,657 1,037,021 59.35% 39.41% 9.04% 202,543 117.49 113.44 46.30 44.71 27.50 26.53 5.1200 4.94   -0.28%   33.45% 31-Oct-2011 6.70 5.70 14.47 1.31 6.91% 4.10% 15-Dec-2011 6.71 5.71 14.49 1.31 6.90% 4.10%
30-Apr-2012 29-Sep-2011 31-Jul-2011 1 232,983 121,836 94,047 94,047 50,517 1,048,713 53.72% 40.37% 8.97% 202,454 115.08 111.07 46.45 44.83 25.00 24.08 5.1800 5.00   15.47%   43.08% 29-Jul-2011 7.03 6.11 15.13 1.36 6.61% 3.56% 29-Sep-2011 6.42 5.58 13.82 1.24 7.24% 3.89%
30-Apr-2011 29-Jun-2011 30-Apr-2011 4 205,715 105,709 81,445 81,445 50,517 1,017,580 62.03% 39.59% 8.00% 202,302 101.69 98.07 40.26 38.83 24.97 24.08 5.0300 4.85   11.66%   28.65% 29-Apr-2011 7.02 6.90 17.44 1.40 5.73% 3.56% 29-Jun-2011 6.97 6.85 17.31 1.39 5.78% 3.58%
30-Apr-2011 28-Mar-2011 31-Jan-2011 3 193,110 95,689 72,941 72,941 37,443 993,559 51.33% 37.77% 7.34% 202,354 95.43 92.06 36.05 34.77 18.50 17.85 4.9100 4.74   3.79%   13.49% 31-Jan-2011 6.98 7.31 19.36 1.42 5.16% 2.65% 28-Mar-2011 7.06 7.40 19.59 1.44 5.11% 2.62%
30-Apr-2011 21-Dec-2010 31-Oct-2010 2 189,468 90,746 70,276 70,276 37,443 1,569,933 53.28% 37.09% 4.48% 201,531 94.01 90.32 34.87 33.50 18.58 17.85 7.7900 7.48   6.91%   21.62% 29-Oct-2010 7.20 7.66 20.65 0.92 4.84% 2.58% 21-Dec-2010 6.99 7.44 20.05 0.90 4.99% 2.66%

PBT = Profit before Tax, NP = Net Profit, NP to SH = Net Profit Attributable to Shareholder, Div = Dividend, NP Margin = Net Profit Margin, ROE = Return on Equity, NOSH = Number of Shares, RPS = Revenue per Share, EPS = Earning Per Share, DPS = Dividend Per Share, NAPS = Net Asset Per Share, EOQ = End of Quarter, ANN = Announcement, P/RPS = Price/Revenue per Share, P/EPS = Price/Earning per Share, P/NAPS = Price/Net Asset per Share, EY = Earning Yield, DY = Dividend Yield.


NOSH is estimated based on the NP to SH and EPS. Div is an estimated figure based on the DPS and NOSH. Net Worth is an estimated figure based on the NAPS and NOSH.

Div Payout %, NP Margin, ROE, DY, QoQ Δ & YoY Δ figures in Percentage; RPS, EPS & DPS's figures in Cent; and NAPS's figures in Dollar.

All figures in '000 unless specified.


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Lim Tek Wai good to invest
13/08/2018 12:00 PM
Diamond7 Aberdeen disposed???
13/08/2018 8:08 PM
Lim Tek Wai 赚赚赚
14/08/2018 10:57 AM
Diamond7 News?
19/08/2018 5:41 PM
Jasper Coo Waiting for dividen soon. This time can cover back some capital loss. Not bad.
20/08/2018 10:51 AM
Diamond7 Dividend?
Ex date 26/7
Payment on 30/8

Next announcement for dividend in December.
22/08/2018 8:20 PM
Diamond7 Sorry
Typo error....It's 20/8
22/08/2018 8:21 PM
Jasper Coo Waiting for dividen soon. This time can cover back some capital loss. Not bad.
23/08/2018 11:28 AM
Jonathan Keung AGN tame affair
27/08/2018 2:09 PM
yfchong Bye bye
29/09/2018 9:20 PM
Fabien "The Efficient Capital Allocater" any thoughts on the land sales?
13/11/2018 8:56 AM
YoYo Next crop should b durian
14/11/2018 2:16 PM
Jonathan Keung Chua Joe Beng. agreed- Indonesian ventures far from happy ending. full of surprises whenever election is coming . this happen every 3 years. new people new rules new levy
15/11/2018 3:31 PM
Jonathan Keung kenanga TP 4.80
18/12/2018 4:57 PM
factorrumour NTA 7.19, banyak land can sell lagi, company wont die so easily larr
05/01/2019 10:19 PM
commonsense United Malacca (UMCCA) is not the only plantation company that posted disappointing results in the most recent quarters. If you go through other financial reports, most (if not all) plantation companies are affected by the low CPO price in Jul-Sept period.

In terms of valuation, all plantation stocks are currently trading at a high PE multiple (for those that still managed to record profit) or in UMCCA case, negative PE. This is reflective of the downturn cycle of the plantation industry. Don't think that the industry will reverse their down cycle anytime soon given the general demand of the commodity is expected to go down in the future. China for example, is negotiating with US to take in more agriculture products from US which would potentially include soybean (or soybean oil). In general, Chinese consumption of oil would not actually go up that much so the increase of soybean oil import from US to China would actually be at the expense of other oil commodities from other countries (in particular palm oil from Indonesia and Malaysia). Another issue is on the European demand of palm oil which is expected to go down exponentially given the proposed ban of palm oil use in food and transportation industries in the future. They have already agreed to phase out the use of palm oil in transport fuel by 2030. Some countries like France and Norway have already started to move away from palm oil.

With this in mind you need to have a slightly long-term investment horizon when buying into oil plantation companies like UMCCA as the return to upcycle might not be in the near future.
If you are looking to diversify your portfolio outside of United Malacca (due to its earnings uncertainties) I would recommend you to look at MBMR.

MBMR is a direct proxy to Perodua via its 22.6% interest in the company. Valuation is cheap at only 6.9x PE (based on target FY18 profit of RM145mil. 9m profit is already RM106mil). PB is low at only 0.7x BV. 4Q18 results is expected to be higher than 3Q18 and last year's 4Q17.

FY19 growth will be driven by the still high demand of the new Myvi and the newly launched SUV Aruz and also the newly revamp Alza in 2H19. The recent announcement of closure and potential disposal of the loss-making alloy wheel manufacturing business alone is expected to boost the company’s profit by an additional RM20mil. I am projecting a profit to shareholder of RM170 mil for FY19 which at the current price values MBMR at only 5.9x PE.

Please go through the analyst reports (https://klse.i3investor.com/servlets/stk/pt/5983.jsp) and do your own analysis before making any decisions. There are 8 analysts in total covering the stock with most of them having a TP of above RM3 (all have a buy rating). The average TP for the 8 analysts is around RM3.50.

Good luck.
31/01/2019 10:46 AM
factorrumour aberdeen run away from umcca because they knew uk and eu is not going to use palm oil anymore?
31/01/2019 9:19 PM
Junichiro The West has its bag of tricks. When their companies cannot compete with others, they use a variety of tricks e.g. palm oil is harmful to health n environment, our gloves have pin holes, Huawei gear has spy gear, ......

All oils are harmful if cooking goes above a certain temperature no matter it is canola oil, corn oil .... but palm oil can withstand higher temperature.

All telecommunication gear could potentially have spy ware issue including those made in USA n western countries .. if not how did the NSA do spying as revealed by Snowden?
01/02/2019 3:52 PM
Fabien "The Efficient Capital Allocater" another gruesome results.
21/03/2019 7:46 PM
cefiro22 yet big blocks put up as sellers at 5.40 being gobbled up as soon as keyed in this morning, mine too. Why so eager to buy blocks. Total done at tis time = 693,800 shares...there is an eager buyer to accumulate this stock.
22/03/2019 4:19 PM
James Ng https://klse.i3investor.com/blogs/general/203918.jsp
[转贴] [UNITED MALACCA BHD:CPO及PK价格偏低,不利潮湿天气导致FFB收益率低以及RM306万净汇兑亏损] - James的股票投资James Share Investing
25/04/2019 1:33 PM
dboulevard Foreign investors probably being blackmailed to not invest in palm oil companies. Few years ago the west already blackmailed the foreign banks into not lending to palm oil companies. Such as HSBC had to ask existing borrowers to refinance. Many small shareholders went yo local banks instead.
18/06/2019 12:07 PM
Jonathan Keung China trade war with U.S. is hurting economic growth. plantations hard hit by the slow down. come September inventories will hit 3.5 million tonnes. going to be tough year for pure upstream players
20/06/2019 8:54 AM
Kensington Its 4th quarter result is just horrendous, aggravated by among others poor palm oil and palm kernel prices. A reduced final dividend of 6 sen is proposed by Co.
26/06/2019 7:27 PM
yfchong Si liao
26/06/2019 9:35 PM
cefiro22 https://www.theedgemarkets.com/article/united-malaccas-earnings-likely...

No future? ...so, sell to Prosper Palm Oil Mill S/B while the going is good.
https://klse.i3investor.com/servlets/stk/annchsh/2593.jsp
28/06/2019 10:56 AM
28/06/2019 10:58 AM
Plantermen Numbers not looking good. Qtr to Qtr deteriorating.
26/07/2019 3:50 PM
Jonathan Keung mundane AGM
27/08/2019 9:41 AM
Diamond7 Good results! Hooray!
25/09/2019 9:04 PM
Plantermen Book their profit on their 4 estates sale. Once off gain. Operating losses for 6 consecutive qtr ( IF NOT the estates disposal} half of the peninsular land sold. Not a good indicator { stripped of their land disposal gain)
02/10/2019 10:37 AM
cefiro22 Why Prosper Palm Oil Mill S/B keeps buying,.. now has accumulated over 22,000,000 shares>
http://www.bursamalaysia.com/market/listed-companies/company-announcements/6304857

In Year Ended Jun 2018 they held 10.000,000, being 4th largest...Topmost = Great Eastern with
28,105,701.
08/10/2019 9:39 PM
danielleesing Benjamin, who is the chief executive officer of United Malacca Bhd, said his company had already banned paraquat in all its plantations sprawling 108,000ha in Melaka and Indonesia.
19/11/2019 4:34 PM
Plantermen Sulaiwesi venture planting cocoa, coconut, sevia, coffee requires very long gestatation period. Land usage allows only cash crop not oil palm planting
20/11/2019 9:33 AM
Fabien "The Efficient Capital Allocater" excluding the one off gain, still operating losses
18/12/2019 9:52 PM
LouiseS UNITED MALACCA's earning performance has been overall unstable in last five years, whereby its earning per share overall fluctuated from -18.6 sen to 40.4 sen. In particular, in the current financial year, the group is hit by a -18.6 sen per share losses, due to low crude palm oil prices and new adoption of the Malaysian Financial Reporting Standards.

https://louisesinvesting.blogspot.com/2019/12/comments-on-united-malacca-berhad-2593.html
20/12/2019 11:43 AM
Up_down Umcca used to be seen as an 'efficient' planter through taking advantage of aggressive accounting policy for plantation (non amortization of planting costs). The real face was revealed after compulsory adoption of new MFRS. Umcca is not an alone case. WTK and Jtiasa were adopting such aggressive accounting policy too.
21/12/2019 8:28 PM
Plantermen Labour & fertilisers cost make up the bulk of a Plantation estate expenses. If you look at their current accounts both fertilisers costs & operating expenses are higher than other plantations {tier one} companies { TSH, IJM plant,HSplant } dont compared with IOI or Up. Income from Indonesia is equally disappointing incurring losses for the past 4 years
23/12/2019 3:26 PM
Up_down Depreciation of Property, Plant & Equipment shows RM 54.5 million for FY 30Apr19 whereas amount restated to 56.4 million for FY 30Apr18 for comparison purposes. If you read the AR 2018, the amount was , in fact, RM 28 million which was before adopting new MFRS. The additional charged of RM 28 million for depreciation of planting costs in complying new MFRS.
24/12/2019 3:59 PM
Up_down TSH used to adopted an aggressive policy of non depreciating planting costs too but INNO adopted deprecated planting costs policy even though under the control of TSH management.
24/12/2019 4:12 PM
LouiseS Based on comparison of 44 plantation counters listed in Bursa Malaysia, UNITED MALACCA is shown to be one of the TOP 8 plantation counters worthy to pay attention to and potentially invest in. UNITED MALACCA stands out in performance indicators such as having mostly steady earning per share (~ 10 sen per share and above), high market capitalization (RM 1,108 million) and relatively low P/E ratio of ~17.

https://louisesinvesting.blogspot.com/2020/01/comparison-of-major-plantations.html
21/01/2020 11:53 AM
Plantermen Sold off their peninsular estates to book a one off gain in their last financial year. Paying 2 sen interim dividend. Funds utilised for thier Sulaiwesi joint venture project planting sevia, coconut or rubber. Land usage is restricted for forest land
21/01/2020 8:06 PM
mf Post removed. Why?
23/06/2020 7:11 PM
EatCoconutCanWin Nah..this CB stock loss money but still ok. Is nothing to worry eh la. Red then green.
23/06/2020 10:44 PM
Plantermen Sold off securities held to cover the operating losses. Last year sold off their peninsular estates to cover bottom line. Worrying trend
24/06/2020 2:00 PM
kasim But now as lockdown policies restrict travel in many parts of the region, and the Malaysian government looks to cut back hiring of migrant workers, palm growers are left with little choice. The industry is also reaching out to drug rehabilitation centers for potential workers
09/09/2020 10:04 AM
Sami_Value something really went wrong, CPO rising but they are making peanuts
25/09/2020 7:10 PM
Plantermen Cpo prices spike up from last year $2,100 per tonne to a high of 3,000 per tonne { up 40 - 45 % } even laggards like FGV, RH, TSH recorded much higher profit at the back of higher & better sales {CPO & PK prices} except for this counter. In addition, no segmentation on their Indonesian sales pricing VS their Peninsular and Sabah operations
25/09/2020 10:05 PM
Jonathan Keung Sulawesi JV project put on hold due to environment issues. At this point unable to determine the time frame when the project can restart
29/09/2020 1:17 PM
Plantermen US ban on FGV exports bad for Malaysia export. Other producers will be impacted too
02/10/2020 2:58 PM
flyingtomoon2020 Post removed. Why?
08/11/2020 6:00 PM