UNITED PLANTATIONS BHD

KLSE (MYR): UTDPLT (2089)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

Last Price

24.90

Today's Change

-0.38 (1.50%)

Day's Change

24.60 - 25.34

Trading Volume

592,400


5 people like this.

3,069 comment(s). Last comment by Sardin 7 hours ago

D197btg

42 posts

Posted by D197btg > 2023-02-15 14:58 | Report Abuse

Wah, if you invested RM 1000 in 2002 & keep all the dividend back into the share, Your RM 1k worth RM 53k today. Super counter!!!!!

Pinky

3,215 posts

Posted by Pinky > 2023-02-15 18:10 | Report Abuse

UTDPLT won't bring u to Holland for sure

dam82

2,165 posts

Posted by dam82 > 2023-02-16 12:15 | Report Abuse

Patiently waiting to collect after ex date …

Ahlian

31 posts

Posted by Ahlian > 2023-02-19 17:53 | Report Abuse

Guys, Let's continues to collect the dividend for now, next week dividend announcement. Until the Ukraine crisis over.

D197btg

42 posts

Posted by D197btg > 2023-02-21 12:28 | Report Abuse

What would be the best guess of the coming div, RM 1 possible??

Sardin

801 posts

Posted by Sardin > 2023-02-21 19:02 | Report Abuse

Yes, possible

dam82

2,165 posts

Posted by dam82 > 2023-02-21 19:44 | Report Abuse

aiyoo hidden gem should be kept low profile mah .... waiting to collect more after ex div now build cash ....

Sardin

801 posts

Posted by Sardin > 2023-02-22 08:45 | Report Abuse

Current price may not be attractive if cukai makmur continue...

ooihk899

2,011 posts

Posted by ooihk899 > 2023-02-22 12:18 | Report Abuse

If current price not attractive, then sell like no tomorrow lo!!!!!

Peace99

2,233 posts

Posted by Peace99 > 2023-02-22 12:50 | Report Abuse

Great, report says UP replanted nearly half its land with UP seedlings that produce double the yield. I cancelled my sale :)

D197btg

42 posts

Posted by D197btg > 2023-02-22 13:53 | Report Abuse

Excited waiting for the div announcement, if counter like Bplant can declared 3.3 sens, wonder if UP can also produce surprising results

Posted by wallstreetrookieNEW > 2023-02-22 15:48 | Report Abuse

Foreign institutional investor NET BUY

Posted by wallstreetrookieNEW > 2023-02-22 15:49 | Report Abuse

A good vehicle to capture the juicy dividend yields along side with Kuala Lumpur Kepong. Perfect hedge against inflation

Pinky

3,215 posts

Posted by Pinky > 2023-02-27 08:59 | Report Abuse

Annual report is out: https://klse.i3investor.com/web/staticfile/view/489785

See page 18, very juicy final+special divvy of RM1.00!
https://klse.i3investor.com/web/staticfile/view/489782

dam82

2,165 posts

Posted by dam82 > 2023-02-27 09:11 | Report Abuse

boleh plan holiday now waiting for ex div to collect ...

dam82

2,165 posts

Posted by dam82 > 2023-02-27 09:18 | Report Abuse

The Group continues to maintain a conservative policy
in respect of its cash and cash equivalents, which as of 31
December 2022, stood at RM779 million.

ooihk899

2,011 posts

Posted by ooihk899 > 2023-02-27 09:23 | Report Abuse

Yeah!!! Div RM 1 !!!! profit 606M

Pinky

3,215 posts

Posted by Pinky > 2023-02-27 09:24 | Report Abuse

Truly best of the best

ooihk899

2,011 posts

Posted by ooihk899 > 2023-02-27 09:33 | Report Abuse

This year profit and div will probably be the same. Hedge more than 4K/ ton for 191 ton.

ooihk899

2,011 posts

Posted by ooihk899 > 2023-02-27 10:10 | Report Abuse

Opps!!! wrong info. correction: It's 153Ton hedge at 4K/ton for less than 12 months, 38ton hedge at 4.31k/ton for more than 12 months

Ahlian

31 posts

Posted by Ahlian > 2023-02-27 10:11 | Report Abuse

Ooihk898, where you get the 191 ton hedge at price above 4K?

Sardin

801 posts

Posted by Sardin > 2023-02-27 11:02 | Report Abuse

Dear All, this year AGM will be held at Dewan Sanmarka Orang India. Any of you attended the AGM before? Was the previous AGM held at the same place? Would you please share some experience in the past AGMs. I might want to attend but it is a bit far from my place.

ooihk899

2,011 posts

Posted by ooihk899 > 2023-02-27 11:08 | Report Abuse

Check the annual report.

ooihk899

2,011 posts

Posted by ooihk899 > 2023-02-27 11:15 | Report Abuse

I've attended the virtual AGM before. The meeting minutes posted on the website
will have all the Q&A in it. Only downside is you get the info much more later.

Pinky

3,215 posts

Posted by Pinky > 2023-02-27 11:24 | Report Abuse

@Sardin take this opportunity to travel and see their plantation lo haha

Peace99

2,233 posts

Posted by Peace99 > 2023-02-27 11:56 | Report Abuse

Dividend RM 1, nearly 18% better than last year's RM 0.85

LossAversion

1,684 posts

Posted by LossAversion > 2023-02-27 12:02 | Report Abuse

Bravo, my ever trusted UTDPLT.

Sardin

801 posts

Posted by Sardin > 2023-02-27 12:15 | Report Abuse

Hi Pinky, you visited the plantation before? Need special request? They arrange the plantation tour every AGM pre-Covid years? Normally they arrange before or after the meeting?

Pinky

3,215 posts

Posted by Pinky > 2023-02-27 12:56 | Report Abuse

No la i never went to any AGM other than my own company AGM hahaha

Peace99

2,233 posts

Posted by Peace99 > 2023-02-27 14:51 | Report Abuse

Should UTDPLT branch out into Durian as well? If can cater to Europeans' taste, boy, we will get 10 times the dividends!

D197btg

42 posts

Posted by D197btg > 2023-02-27 17:13 | Report Abuse

@Peace99 durian burn cash like incinerator for first 10 years, not so easy. See Ekovest take over of PLS plantation, they will get their handburn.

KClow

1,199 posts

Posted by KClow > 2023-02-28 14:30 | Report Abuse

This qr. How much did utdplnt make?

Posted by 股神 GS > 2023-02-28 14:54 | Report Abuse

is there any reason(s) stock analyst did not cover this counter?

Peace99

2,233 posts

Posted by Peace99 > 2023-03-01 09:49 | Report Abuse

@D197btg I think if UP wants, it can do as they have research lab, fund and organization. And access to Europe. If mainland Chinese can acquire the durian taste bud recently, why can't the Europeans? It can start small and scale up later. No risk no big gain.

Sardin

801 posts

Posted by Sardin > 2023-03-01 10:04 | Report Abuse

Hi Peace99, the most difficult part is when some of the lab workers from overseas cant stand durian smell. And if the top management has to check the quality of the fruit personally to qualify the seedling but fainted due to the unique aroma. It may be a great torture to them.

ooihk899

2,011 posts

Posted by ooihk899 > 2023-03-01 11:48 | Report Abuse

Those who plan to attend the AGM may ask the management on diversification into durian plantation.

KClow

1,199 posts

Posted by KClow > 2023-03-01 11:54 | Report Abuse

What is this latest qr results why not out ?

ooihk899

2,011 posts

Posted by ooihk899 > 2023-03-01 12:16 | Report Abuse

Bro, result already out, read the AR. They don't have Q4 report.

KClow

1,199 posts

Posted by KClow > 2023-03-01 12:25 | Report Abuse

Ok thanks

Peace99

2,233 posts

Posted by Peace99 > 2023-03-01 20:40 | Report Abuse

Hi Sardin haha, may be may be. But there are several orang kita on top management....Yeah, as ooihk899 said, can some one ask at AGM? Isn't good to diversify? UP has great ESG and European connections, lets have a 10 year plan!

Posted by Fabien _the efficient capital allocator > 2023-03-04 21:12 | Report Abuse

Going forward, there are nevertheless 4 factors which must be monitored closely as the development of these will have an impact on the supply and demand fundamentals and thereby price developments going forward. Firstly, the wet weather conditions towards the end of last year together with the resumption of guest worker inflow to Malaysia is expected to help increase palm oil production in 2023 as the nationwide field losses experienced during 2022 will be minimised.In Indonesia production is poised to increase more strongly in 2023 than in 2022 subject to weather patterns normalising. Secondly, the world production of biodiesel including HVO is estimated to further increase by 9% to reach 55.9 million MT in 2023 from the all-time record level of in 2022 of 51.3Million MT. This was and will continue to be propelled by fiscal incentives in the US as well as rising decarbonisation targets in the EU transport sector. In addition, the Indonesian Government’s drive to increase their domestic palm oil consumption through not only food and oleochemical uses but evermore so through the Government supported biodiesel programme compelling all diesel to contain an admixture of up to 35% of palm oil from 1 February 2023 is expected to increase the current usage by 1.3 million MT during the year. Thirdly, the global economic growth sentiments for 2023 are largely negative due to the higher interest rate levels imposed by major central banks to curb inflation, coupled with Russia´s invasion of Ukraine causing much volatility in supply chains around the world. This is expected to dampen demand for vegetable oils from key buying nations. Finally, weather developments will continue to play an important role for production and price directions and must be closely monitored. Whilst the La-Nina has brought dry weather to particularly Argentina and caused a downward revision in the coming soybean crop harvest, the overall South America production is expected to increase to well-above 2022 levels due to larger planting intentions and the recent favourable weather. This is likely to replenish global stocks.

Posted by Fabien _the efficient capital allocator > 2023-03-04 21:14 | Report Abuse

With the world’s population crossing the eight billion mark, the demand for palm oil for edible usage remains firm and growing in markets like India, China, Bangladesh, Turkey and the MPOB is strengthening its research and development activities to increase the usage of palm oil for the production of high value-added products for the export markets.

nicholas99

9,844 posts

Posted by nicholas99 > 2023-03-04 22:04 | Report Abuse

Export to Europe:
2022 Grand Total 1,467,013
2021 Grand Total 1,638,999

Diamond7

2,193 posts

Posted by Diamond7 > 2023-03-19 18:27 | Report Abuse

Later will shoot being 17.00

Sardin

801 posts

Posted by Sardin > 2023-03-21 16:25 | Report Abuse

Anyone know the average cost and selling price for one coconut? Couldn't find in the annual report. Appreciate if someone is able to find out.

ooihk899

2,011 posts

Posted by ooihk899 > 2023-03-21 18:28 | Report Abuse

Why bother? It's insignificant to the top n bottomline.

Sardin

801 posts

Posted by Sardin > 2023-03-22 12:05 | Report Abuse

Hi Ooihk899, it could be significant depending on the selling price and cost. If not significant utdplt won't bother to plant.

Sardin

801 posts

Posted by Sardin > 2023-03-23 13:32 | Report Abuse

Hi Ahlian, it is definitely more than 10% but less than 15%. According to my research, profit margin could be considerably larger. And yes Ahlian, I also found that coconut price (wholesale price) is very stable over the years. The cost and earnings from the coconut plantation helps to answer many questions in my mind before and that's why I asked. Ahlian, mind to share the average cost of small planter in Malaysia to manage a single Ha of matured palm oil plantation, including labour, fertiliser, fuel and everything? Thanks.

ooihk899

2,011 posts

Posted by ooihk899 > 2023-03-23 16:31 | Report Abuse

Sardin, you can always ask in AGM.

Post a Comment