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 :)

@899 - let there be no doubts here. Most of the “growth” in revenue is nothing but USD/MYR play. Uchi id still 80-90% dependent in Jura

@smellyswan - you will see 2.8-3.1 in next 52W. Ready to pick up then, ok?

@899 - but just be mindful when you say “market” because the volumes are razor thin which to me is NOT reflective of the market. What i see happening is the BIG fish is slowly offloading at this high valuations to us ikan bills…once they stop, 3.3 is almost certain. I have been a shareholder of UCHI since 2012…there is no window dressing here. This is mainly because of CD.

@899 - you last comment is very spot on and I appreciate it. Indeed, market rerating UCHI could be the reason for the mean price to hover around 3.5 in next coming months. First time i see you post so constructively with maturity in the tone. Let’s keep this forum that way so we continue to find value by sharing constructive ideas.Thank you.

899 you typo too much ma-ma. what jealous? open market, anyone can buy sell. same here it is open forum, anyone can give their opinion. i am just cautioning many fellow retail investors (not traders) here that do not get caught in this "value trap"....if you want to buy now and sell at RM3.9 ot RM4 for a quick buck, good for you. but if you looking to invest long term....this is not the time to go in.. i do not need to teach, go and do you own analysis and you will understand.
anyways, my views is based on my experience, you figure out what is best for you. I already stated my fair price and position that i will go in at. which i will...within the next 52W.

haha...look at the volume. who is selling/buying? all the small ikan bilis here only. It's funny that most of you here are super inexperienced but lucky to be here because of divvy you wont lose much la.
If you know how to wait you will be happy to pick up at RM3.1 and lower within the next 8-12months :)

I think you guys do get the point. This is a good business with solid financials….but in order to ensure it is a good investment, you need to ensure you buy at the right price. Currently it is overpriced, driven probably by CD.

there is no change, except enjoying the weaker RM factor. no growth or diversification in earnings. read their quarterly report. it is cut and paste for past many quaters (if not years).
so, at this price it is over valued. beware. fair price is RM2.80

Why no more hot tips KYY??

been on this ship since 2013...what about you?
happy to park and enjoy the sun.

Going no where.

Lousy Video. Please look at other youtubers like Mr Money or FIRL on how to produce videos.

Yes, true. This is a pure dividend play. Just that for newbies it could be a value trap

because they didnt manage the cash wisely. ended up with too much cash which violates Bursa regulation that they company cannot have X% of it's NTA in cash.....that is why I also very baffled with Uchi.....companies must reinvest their profits to grow and scale. But this buggers are so conservative.

Kota Warisan will help boost up 2024/25 numbers.

Investing means managing you risk. Of course I have a small position here and will continue to reap the dividends…but this is not a place to “all in” and sleep in peace.

Uchi has no vision. Should Jura slow down or go under, they tapau

This Madanon govt needs money..so will be very careful and selective in only awarding tax breaks to genuine advancements in technology. Uchi ultra stingy and stubborn management has not and are not going to spend enough in R&D that will get them there. They seem very comfortable and are busy trying to fulfil orders.

My analysis for 2.8 uses an arbitrary discount factor and a mos which is ultra conservative. But based on what I see I think can start buying below 3.1
Buy slowly..

The REWARD
- Strong Balance sheet; cash rich
- Very High Margins; albeit little less now because cannot escape tax any longer
- Dividend aristocrat FY23E RM0.25 at least

The RISK
- Mgmt very stubborn and old fashioned, does not want to put better use of profits (and cash) to grow operations but prefer to pay themselves (and minority share holders) great dividends
- This could be dangerous longer term as today almost 80% of revenue is from 1 customer (Jura); albeit Uchi is sole source
- If there is a problem to Jura's business, Uchi's revenue will be wiped out

Prospect
EPS and Revenue has normalize; many other coffee players are eating into Jura's market share (just look at their website). Recent spike in profits (past few quarters) is mainly due to weakening RM against USD.

Value
At RM3.60 is definitely fully valued. While no one can predict Mr Market, the "fair" value to me is around RM2.80 (with MOS)....personally I will start to accumulate when below RM3.1 if nothing else changes.

Sometimes I wonder why they continue to be listed when do not want to attract any investors nor need any money as they do not want to grow. Better to just go private.

Income tax holiday is over.,.eats the EPS…

@dividendguy67 - thanks for the message. yes, indeed. that said value buy (with MOS) for KIP is round about 0.83..i would not anything pay more than 0.85
the high dividend yields comes with an inherent risk that we are taking. Not that small is bad, but I see a lot of uncertainty and lack of transparency from time to time. CEO is also very green and lacks the experience, riding on family business. i have been now accumulating S-REITs with strong sponsors like Mapletree, CapLand and Frasers. No witholding tax, and the SGD is more solid.

Salesman for RHB stock here.

Wow…I would be very happy if the gross dividend for next 12 months is 7sen. I prefer to be conservative and take gross 6.4sen which is average of past 3 FY. So nett around 5.8sen.

Post removed.Why?

Post removed.Why?

Please consider the nett dividend (after withholding tax) which will give you around 6.3%
Not too bad

@success2628 is what I call a syndicate.

Post removed.Why?

899 - giving opinion is fair. but i think you like to 1 on 1 pick fights here. go to a boxing ring if u like to fight.
here is investor forum. make your point, not need to fight with people here.

not my forum, but i just think if you both so in love with each other, take it offline