The price is actually all time high already (if you take all the ex div into consideration).
Now waiting for 3rd QR and interim div at year end. Hopefully is 10 sen

Why want to bother about Dick3. He is just same las small fry UNCLE. The drop in price maybe due to 8% reduction in CPO production. Base on June closing of CPO price at 5088, if my calculation is correct, UP forward contract < 1yr is around 4100, >1yr is close to 4800. I will collect if drop below 13.

Only God know!!! As far as I know, this year and next year dividend will be very good.
You can check the recent QR on the future contract section.

To me, the most important is the price of soy bean oil. That will decide how much is the dividend. The company's price up or down is immaterial since it's a dividend stock.

As long as price is above RM3000, the dividend yield will be good. Furthermore, couple with severe drought in Northern hemisphere and La Nina in South America again, the price should not drop a lot even next year is recession.

I don't think so, but I think 25sen may be possible

Wow! Excellent result , highest Q profit ever . This FY dividend sure at least 23 sen.
Hopefully can have a payout of 25 sen.

Aiyoyo, small fry Unker comeback already ar? Below are your comments, why buy at such high price le? Base on your comment below, you are also a small fry loser now ar?


'Nvm rm12.50 i support utdplnt and buy back..'
'Ok la ..i give up...
RIP PALM OIL...
I m off from here.
Palm oil for losers....'

If base on result, interim dividend this year should be better than last year.

No worries lah, will have plenty of chances for you to buy. Next year dividend will not be lesser than this year, that's for sure.

Someone must be dam...82 anxious to unload kikiki, promoting kaw kaw.
Please dun give false info lah. Cash of 500m due to drawdown of shorterm borrowing 335m.

QR so so lo... Hopefully can declare RM1.2 dividend for FY2022.

Oops!!!! QR out 20th, tomorrow.

Tomorrow QR out, more important than 13 or 14 lo.....

Small fry Unker, you buying now ar??? Why so quiet? I sell to you want bo?

Aiyoyo, small fry Unker coming back ar? Last time say not going to buy back this lousy company, now want to buy back at 12.50. Wakakaka. Why so impatient , wait till 11 only buy ma.

Unker small fry often delete his comment to cover his tracks so that later he no need to eat his own word.

Unker sifat now become Unker small fry ar. Aiyoyo,, this type of hot news also dun have,
no wonder become small fry lo.

Beware, when small fry UNKER promote a stock, it will go down.
Those holding Taan, Sop, KLK beware!!!!

supersinginvestor, many moons ago you told everyone your are super rich Unker wor.
Why became small fry now ar?
Oh, don't worry about cost la, fertilizer price may drop in 6 months time.
It is now piling up in South America port, look like no takers now.

He made several purchases in September last year. After that, the price shot up, announced bonus issue.... Hopefully this time will be the same.

LOL, Aminvest now give KLK TP 23.6, recommend 'sell'.
Where is supersinginvestor? Wakakakaka.

Great result, I think FY2022 dividend at least 22 sen, Div yield 7%+.

Unker, I thought you wanted to disappear from this forum. Why are you here ar?
When you promote UP kaw kaw, it drop, why ar? (because you wanted to sell)
When you condemn kaw kaw, It went up, Why ar?(because you wanted to collect)
Unker joker, go somewhere else to goreng lah, you trick won't work here wor. Wakakaka

Unker, I thought you always tell ppl your are long term investor wor, you always ask ppl to buy and hold wor!!!!! Wakakakakakakaka. Looks like you're just goreng kaki. Wakakakaka. Please leave this forum la.

Brovo unker.

https://www.scmp.com/news/asia/southeast-asia/article/3175738/indonesia-stuns-markets-it-widens-palm-oil-export-ban?module=lead_hero_story&pgtype=homepage

very disappointed, operating cash flow was -251m.

Haiz, this year dividend may drop

Q on Q profit drop

damn bad result.

Good ma, only when ppl sell down we can buy cheap.

印尼禁止出口食油与原料
Nanyang Fri, Apr 22, 2022 08:00pm - 16 minutes


（雅加达22日讯）全球最大棕油生产国印尼，将禁止所有食用油及其原料出口，应对当地短缺的问题。

总统佐科表示，从4月28日开始暂停出口，直到政府认为短缺问题得到解决为止。

该国的大部分食用油，是由棕油产品制成。

“我将继续观察和评估这项政策，使国内食用油供应资源充足，价格实惠，”。

目前，通货膨胀笼罩着印尼解封后的开斋节庆祝活动。

当地食用油短缺使该国陷入动荡，导致街头抗议高粮价和在腐败案件中拘留一名贸易官员。

政府推出现金补贴并部署警察监督全国供应，调节价格，确保供应充足。

管理食品价格是佐科的首要任务，尤其是作为世界上最大的穆斯林国家，人们通常以盛宴和庆祝活动庆祝开斋节。

Unker ah, why when you appear to promote kaw kaw, the price will drop?
This has happen many times in this forum and RCE forum wor.

Unker, you sold oledi ar? I thought you hold for long term...

Iseeyoubuy, please share the info why buy in now.

Wah! Stockraider suddenly appear, u come here to goreng ar? Now promotion kaw kaw ar?

This writer really talk CLSS. Please read the report just published on world oil seed on 8th, April, then only write. The numbers are all there.

Pinky, commodity and car/house are different thing, its apple and durian, hence nothing to illustrate.

Pinky, did CPO has many model or different brand or car has derivatives???? Don't compare apple to durian.
Of course dividend is one of the reason we invest in this company. Do you think FY 2022 dividend growth with be the same as FY 2021? Don't you think If they manage their hedging better, we can get more dividend this year and FY2023?

Aiyoyo, Pinky, angry oledi lo until compare apple with durian ar. Is producing and selling palm oil same as selling car or house???
If we said their finance dept. is shitty, we must provide facts and discuss ma. That's not complain wor. Forum is for discussion ma. Good points on the company by now everyone also know but weakness.... or we prefer 'sky is the limit talk'.

somo 1, by Q3 last year, everyone in the oil seed industry already know La Lina already hit South America again. Canada rapeseed is tight. Malaysia CPO selling at US 1079 in July 2021.
All these info are easily accessible.
I just cannot believe they just went ahead to hedge the 7-12months, above 12 months production in such a large quantity as compare to 2020.
I just have the impression that UP think excellent in operation is good enough but just don't care about maximizing the profit by financial means. OR maybe some hanky panky in their forward selling.

I would say they are doing an excellent job in managing the plantation but a shitty job in hedging.

Pinky, Lyo82 what you said is correct because I bought it for the same reasons.
I do not expect them to have a an ASP of 5k like other companies.
But forward contract for 12 month and above for this year is really a mistake.
Last year it's only 5.6k whereas this year is 62K. It's that what you call consistency nad stability? As for 6 to 12 mths hedging, last year was only 10k, this year is 58k.
That is why I'm saying they are getting too complacent n did not do their job properly.

somo 1, please tell it to the management during AGM.

Oh, now someone just realized it's a forum woh!!!! Cannot do personal attacking woh, also cannot discuss about weakness of the company woh!!!!! Discussion will be regard as complaining wor........ Please go and check with admin lo, see got this type of rules or not ma?

Aiyoyo, long term investor cannot discuss about the company's hedging method meh? It's not complaining, It's about facts. Their method works during down cycle, but don't you think the management need to make some adjustment on their hedging method during up cycle.

You long term one ar? Long term see candle one ar?

Stock: [MFCB]: MEGA FIRST CORP BHD

May 28, 2021 2:40 PM | Report Abuse

hopefully another candle to break rm8 today

That is why the full year result will be same or slightly better than last year

Most likely it will affect the 2022 Q1 result. You can look at 2021 1Q!, it's the same issue.
It's just that it will be more this Q. They become too complacent and are actually sleeping on their job, even without the war. If i'm not wrong La Nina warning started in end May, that's why I do not understand why they go and pre sell their 2022 production so much. Also Argentina and South Brazil soybeans already sound alarm very early in end August but they go and pre sell the 2023 production so much at such a low price. Really disappointed with their forward selling management.

Their advantages are low cost n high yield.