I hope I'm wrong but I don't think 2022 NP can be above 600m cause there is the 'prosperous tax'. 2023 should break 600m. You can check their forward contract in AR.
Hahaha, Unker angry lo. I had collected enough many moons ago. Look at their forward contract of less than 12 months : 78850ton @3420, 58225ton @3550 50% of their production already sold at above price. How much do you think will be their profit this year? I hope I'm wrong too since it is a major portion of my portfolio. But fact is fact ma. You should be happy ma, 2022 dividend will be more than 2021. Don't worry la , Unker. More mature area this year, hopefully CPO production more lah. Their Malaysia plantion's yield still on the rise ma.
Ok sorri@ooihk899 I miss read your intentions.. Results will be good from utdplnt.. I happi wit good dividend... Good for us lazy snobbish utdplnt shareholders..lol
@Abba84 - obviously you are new to UPlant. They normally combine their 4Q results with the annual report. Pls check your facts before making wild speculation.
Wtf is happening, palm oil is surging several hundred percent and UP jumps 0.53%. It almost looks like there is a controller on the price pouring stocks to the market everytime the price starts to go A bit higher. And why is this Company based Provident Fund flooding the market with shares in huge amounts. Instead of a share buyback program we have got a share sellback but if UP has sold the entire production for years to come at 2000 myr/ton it might be the right share price we are seing now.
I just wonder why the insider provident fund is continously dumping UP stocks at the market at these conditions. If portfolio managers around the world still fools around with ESG policies and avoiding good businesses, UP should use all its free cash flow to buy its own shares instead of selling at this moment when there is a chance that the stock could break out of this consolidation phase it has been stucked in since 2013.
Unker, your pal KYY now start promoting plantation stock lo. Lucky he didn't come here. Why you didn't go to TDM to support him. You good at promotion ma.
Back on 2020 when all glove counters started to move up exempt Supermx still lagging behind and now with cpo insanely going up all plantation counters move up while some may lagging behind as well.
I think it's because there is very little demand of palm oil at this very high price. buyers rather wait. companies that sell a portion of their stock at spot price can't get buyers at this price. whereas UP is all forward contracts
@ Traderjoes >Cant take joke now? probably sad because didnt buy earlier? Lucky that I have been holding since 2020, so no questions asked when it is up, up, up!!!
I've been holding since 2011.... topped up last year at 14.08. hope others don't follow your ridiculous comment to not question why a stock is going up. If you invest like this then better go genting and throw your money there instead
Post a Comment
People who like this
New Topic
You should check in on some of those fields below.
Title
Category
Comment
Confirmation
Click Confirm to delete this Forum Thread and all the associated comments.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Fabien _the efficient capital allocator
1,989 posts
Posted by Fabien _the efficient capital allocator > 2022-02-28 10:04 | Report Abuse
85 sen dividend above my expectations! this year very ong heng huat!