Nothing less than 1.99

Next resistance at 226…and then 259

U spoke too soon

@Pinky dilution.

Amway was special divvy bring up the yield. Else it’s lower than RHB la. The performance also lumpy year to year.

RM30 by 2030.

HOLLANDE

can't believe people are still talking about this DY nonsense!

@jeffrey1166 - shhh…don’t say so openly!

@seekundervalue Then do focus on analysis of RHB’s earnings growth…is the EPS increasing?
If EPS goes up, price will follow right?
So I hope many here start to understand why the price is not going up…and why RHB is trading even below its book value.

I am amazed why majority here are speaking like punters, instead of long term inv3stors.
A punter will want the price to fly…but when price fly, DY will drop
Investors like mt have a long term view, so the low price (and I hope it stays this way for long time) is a blessing that gives you the opportunity to accumulate at such a good DY.

Folks, we have a liability here aka @i3gambler. Just have to tolerate

Sadly....the DPU will not grow.

RM12 is in the horizon

i3 gambler - do you know how to calculate divd yield?

I am glad you decided not to at RM10....to me, this is worth RM30

holland - KFC closing down

@cheap1 - then go and buy Lazada la knn

Of course…else why would i be here??

@JJPTR. - agree. It’s more lucrative to be a conman or corrupt in Malaysia.

@buyselll - if you are day trader then i understand. Buy/sell go with trend. If u have a long term view on the company and fundamentals, then decide based on the intrinsic value and not up/down trend!

@prudentinvestor - RHB is not for you.

@JJPTR are you the famous money game scumbag?

value trap already if you think this is >RM4

@Mabel - thanks for explaining. Yes, while to an amateur investor, the SG banks will appear over value, but if you look at their KPIs you will see my point.
I started to buy Maybank in 2011. Instead, if I started buying DBS back then.....my portfolio would be 6-10X more

While this is a good dividend play…it’s a far cry from the 3 SG banks.

I do not think so. but some people here like to tkss.

Thank you @Stirmungle for such valuable insights presented in such a productive way. It is always good to get different views from other stakeholders of this wonderful company. Back in 2017, I valued Uchi at RM3.6 - this was based on my DDM and DCF analysis. So with my 15%MOS below RM3 was to me a buy. I am a small fry with limited bullets so prefer to buy value.
I believe today in 2024, Uchi needs to be rerated, and it is safe to say that RM4 is the value. Using my the same 15% MOS, RM3.4 is the number, but I will probably take more risk (given the business resiliency and overall sentiment) to use 10% MOS....i.e. RM3.6

Above is just my view, to each their own. All the best and I hope 2024 is another good year for Uchi

it is good to see that the price is normalizing to the true valuation. RM3.6 is my IV with MOS built in. More conservative RM3.3

over-valued :)

What you mean IBs not honest?

Value should be around 3.3-3.6

Why not RM5?

only if you sell you get angpow!

So what? They own half the companies listed on Bursa and most global markets. They choose to expose by country, without much due diligence on the company per say.

Haiyan….@smartly - did you understand my question? You calculation claims on industrial pro wil contribute 0.16 (nett 0.144) annually. Does this consider the increase in number of units following the placement and issue of new shares in lieu of the industrial property acquisition

@smartly - did you factor in the dilution after the 3 industrial properties in your DPU calculation?

people who want to see the share price flying should invest elsewhere

NAV = RM7.27

That is what i said…”if there is a surprise”

Well…if there is a surprise in the earning it can go to 805. 🤭

Delayed. I think they may have a problem

Holland.

Downtrend in 1H2024…that it my prediction. Reason : No catalyst for further growth. USD is expected to weaken against RM, so price will normalise to around RM3.3 and/or lower.

Market will reward those who are patient. Be fearful when others are greedy and be greedy when people are fearful. This is logic is NOT from me, but from the God if value investing who is known at the Oracle of Omaha.
Going with this, for me now it’s time to sit on “dry powder” and wait for for RM3.25 where I will start to accumulate…☺️

@stimugle - if you can wait, within 52w you can grab some at RM3.25 and/or lower.
Your Concerns on warrant is baseless
ESOS I ageee with rest is fundamental strength of UCHI all these years.
“window dressing” does not apply to UCHI. The management does not need to resort to such gimmicks. The reason why typically price rolls up in Dec is because it’s usually CD month…and they pay in Jan.
USD weakness will impact Earnings next year., which it good, as it will force the price down for you to collect. ☺️

899 - obvious we do not get along and since you are all out to call names and raise your BP. I do not need your to agree or understand my POV. It is good that you decided to quit as it is you are wasting your time…..i will also pretend from now on that you do not exist here, and ignore all comments from you after this. But will continue to say whatever i feel like in this forum, it’s a free world. Get Out of my way.

As a whole, i will still comment to ask all to pay attention to the average volume. Which is very thin. this means this so-called "rally" will not last.
secondly, pay attn that all the directors and substantial shareholders are selling (exercising the options) at this valuation....must be they also know this is high already!

899 - ok.
please dont confuse the matter. i think the argument here is this -
you say that Uchi is under priced and has more headroom....to go beyond RM4..maybe RM5.

I say that at current valuations it is overpriced and will normalised to RM3.3 or lower...based on the latest earnings trend.

Let us see in next 52w what happens, ok?

End of the day, i see that it’s me against 3 of you. I say that this is high valuation and expect price to correct to 3.3 levels or lower. ‘You all are bullish and saying this is good price to go in and are expecting 4+’
Well let’s see.

Wow….899 so abusive and personal. I wonder what is up your behind that makes you so aggressive.
I am not an expert. I repeat, it’s an open forum and anyone can comment, don’t agree is ok, no need to get personal.

Anyways, if this valuation is not high, i wonder why all the directors are selling (exercising the options) at this level.

Dividend - so far this year paid 8, now going to give 9…final surely 10.
Bottom line, all happy. Peace Out :)