Posted by ivan9511 > 2017-11-08 23:56 | Report Abuse

buy buy buy

Posted by ivan9511 > 2017-12-12 00:41 | Report Abuse

buy

Posted by Willie Khoo > 2017-12-18 15:20 | Report Abuse

buy

Posted by Jonathan Keung > 2017-12-19 10:42 | Report Abuse

where good ? 0.6 sen lousy

Posted by supersaiyan3 > 2017-12-20 08:32 | Report Abuse

As more and more plants maturing, total production is actually dropping year after year. This is a wide spread phenomena with all these smaller plantation companies.

After 30 years, there will be few plantation companies left.

Going towards failure.

Posted by HENGYUAN @RM21 CONFIRM COMING > 2017-12-20 08:36 | Report Abuse

supersaiyan, you self contradict

Posted by HENGYUAN @RM21 CONFIRM COMING > 2017-12-20 11:38 | Report Abuse

in the edge today

Posted by Jonathan Keung > 2017-12-26 13:26 | Report Abuse

edge write up- repeat of previous articles

Posted by issac99289928 > 2018-03-25 19:23 | Report Abuse

China ban on soybean from the usa is good for palm oil industry

Posted by blablablacksheep > 2018-07-18 09:52 | Report Abuse

guys, this few weeks big players are going to take over this company. Buy before it's too late

Posted by Diamond7 > 2018-08-09 11:29 | Report Abuse

Wa...moving up..up..up..
now 6.50
Watch Chintek

Posted by Lim Tek Wai > 2018-08-09 11:40 | Report Abuse

值得投资

Posted by Yael Jasper > 2018-08-10 10:55 | Report Abuse

well done

Posted by Diamond7 > 2018-08-11 22:05 | Report Abuse

Up and down and up ....so fast!!!
Why?

Posted by Lim Tek Wai > 2018-08-13 12:00 | Report Abuse

good to invest

Posted by Diamond7 > 2018-08-13 20:08 | Report Abuse

Aberdeen disposed???

Posted by Lim Tek Wai > 2018-08-14 10:57 | Report Abuse

赚赚赚

Posted by Diamond7 > 2018-08-19 17:41 | Report Abuse

News?

Posted by Yael Jasper > 2018-08-20 10:51 | Report Abuse

Waiting for dividen soon. This time can cover back some capital loss. Not bad.

Posted by Diamond7 > 2018-08-22 20:20 | Report Abuse

Dividend?
Ex date 26/7
Payment on 30/8

Next announcement for dividend in December.

Posted by Diamond7 > 2018-08-22 20:21 | Report Abuse

Sorry
Typo error....It's 20/8

Posted by Yael Jasper > 2018-08-23 11:28 | Report Abuse

Waiting for dividen soon. This time can cover back some capital loss. Not bad.

Posted by Jonathan Keung > 2018-08-27 14:09 | Report Abuse

AGN tame affair

Posted by yfchong > 2018-09-29 21:20 | Report Abuse

Bye bye

Posted by Fabien Extraordinaire > 2018-11-13 08:56 | Report Abuse

any thoughts on the land sales?

Posted by YoYo > 2018-11-14 14:16 | Report Abuse

Next crop should b durian

Posted by Jonathan Keung > 2018-11-15 15:31 | Report Abuse

Chua Joe Beng. agreed- Indonesian ventures far from happy ending. full of surprises whenever election is coming . this happen every 3 years. new people new rules new levy

Posted by Jonathan Keung > 2018-12-18 16:57 | Report Abuse

kenanga TP 4.80

Posted by factorrumour > 2019-01-05 22:19 | Report Abuse

NTA 7.19, banyak land can sell lagi, company wont die so easily larr

Posted by commonsense > 2019-01-31 10:46 | Report Abuse

United Malacca (UMCCA) is not the only plantation company that posted disappointing results in the most recent quarters. If you go through other financial reports, most (if not all) plantation companies are affected by the low CPO price in Jul-Sept period.

In terms of valuation, all plantation stocks are currently trading at a high PE multiple (for those that still managed to record profit) or in UMCCA case, negative PE. This is reflective of the downturn cycle of the plantation industry. Don't think that the industry will reverse their down cycle anytime soon given the general demand of the commodity is expected to go down in the future. China for example, is negotiating with US to take in more agriculture products from US which would potentially include soybean (or soybean oil). In general, Chinese consumption of oil would not actually go up that much so the increase of soybean oil import from US to China would actually be at the expense of other oil commodities from other countries (in particular palm oil from Indonesia and Malaysia). Another issue is on the European demand of palm oil which is expected to go down exponentially given the proposed ban of palm oil use in food and transportation industries in the future. They have already agreed to phase out the use of palm oil in transport fuel by 2030. Some countries like France and Norway have already started to move away from palm oil.

With this in mind you need to have a slightly long-term investment horizon when buying into oil plantation companies like UMCCA as the return to upcycle might not be in the near future.
If you are looking to diversify your portfolio outside of United Malacca (due to its earnings uncertainties) I would recommend you to look at MBMR.

MBMR is a direct proxy to Perodua via its 22.6% interest in the company. Valuation is cheap at only 6.9x PE (based on target FY18 profit of RM145mil. 9m profit is already RM106mil). PB is low at only 0.7x BV. 4Q18 results is expected to be higher than 3Q18 and last year's 4Q17.

FY19 growth will be driven by the still high demand of the new Myvi and the newly launched SUV Aruz and also the newly revamp Alza in 2H19. The recent announcement of closure and potential disposal of the loss-making alloy wheel manufacturing business alone is expected to boost the company’s profit by an additional RM20mil. I am projecting a profit to shareholder of RM170 mil for FY19 which at the current price values MBMR at only 5.9x PE.

Please go through the analyst reports (https://klse.i3investor.com/servlets/stk/pt/5983.jsp) and do your own analysis before making any decisions. There are 8 analysts in total covering the stock with most of them having a TP of above RM3 (all have a buy rating). The average TP for the 8 analysts is around RM3.50.

Good luck.

Posted by factorrumour > 2019-01-31 21:19 | Report Abuse

aberdeen run away from umcca because they knew uk and eu is not going to use palm oil anymore?

Posted by Junichiro > 2019-02-01 15:52 | Report Abuse

The West has its bag of tricks. When their companies cannot compete with others, they use a variety of tricks e.g. palm oil is harmful to health n environment, our gloves have pin holes, Huawei gear has spy gear, ......

All oils are harmful if cooking goes above a certain temperature no matter it is canola oil, corn oil .... but palm oil can withstand higher temperature.

All telecommunication gear could potentially have spy ware issue including those made in USA n western countries .. if not how did the NSA do spying as revealed by Snowden?

Posted by Fabien Extraordinaire > 2019-03-21 19:46 | Report Abuse

another gruesome results.

Posted by cefiro22 > 2019-03-22 16:19 | Report Abuse

yet big blocks put up as sellers at 5.40 being gobbled up as soon as keyed in this morning, mine too. Why so eager to buy blocks. Total done at tis time = 693,800 shares...there is an eager buyer to accumulate this stock.

Posted by James Ng > 2019-04-25 13:33 | Report Abuse

https://klse.i3investor.com/blogs/general/203918.jsp
[转贴] [UNITED MALACCA BHD：CPO及PK价格偏低，不利潮湿天气导致FFB收益率低以及RM306万净汇兑亏损] - James的股票投资James Share Investing

Posted by dboulevard > 2019-06-18 12:07 | Report Abuse

Foreign investors probably being blackmailed to not invest in palm oil companies. Few years ago the west already blackmailed the foreign banks into not lending to palm oil companies. Such as HSBC had to ask existing borrowers to refinance. Many small shareholders went yo local banks instead.

Posted by Jonathan Keung > 2019-06-20 08:54 | Report Abuse

China trade war with U.S. is hurting economic growth. plantations hard hit by the slow down. come September inventories will hit 3.5 million tonnes. going to be tough year for pure upstream players

Posted by Kensington > 2019-06-26 19:27 | Report Abuse

Its 4th quarter result is just horrendous, aggravated by among others poor palm oil and palm kernel prices. A reduced final dividend of 6 sen is proposed by Co.

Posted by yfchong > 2019-06-26 21:35 | Report Abuse

Si liao

Posted by cefiro22 > 2019-06-28 10:58 | Report Abuse

https://www.theedgemarkets.com/article/united-malaccas-earnings-likely...

No future? ...so, sell to Prosper Palm Oil Mill S/B while the going is good.
https://klse.i3investor.com/servlets/stk/annchsh/2593.jsp
28/06/2019 10:56 AM

Posted by Plantermen > 2019-07-26 15:50 | Report Abuse

Numbers not looking good. Qtr to Qtr deteriorating.

Posted by Jonathan Keung > 2019-08-27 09:41 | Report Abuse

mundane AGM

Posted by Diamond7 > 2019-09-25 21:04 | Report Abuse

Good results! Hooray!

Posted by Plantermen > 2019-10-02 10:37 | Report Abuse

Book their profit on their 4 estates sale. Once off gain. Operating losses for 6 consecutive qtr ( IF NOT the estates disposal} half of the peninsular land sold. Not a good indicator { stripped of their land disposal gain)

Posted by cefiro22 > 2019-10-08 21:39 | Report Abuse

Why Prosper Palm Oil Mill S/B keeps buying,.. now has accumulated over 22,000,000 shares>
http://www.bursamalaysia.com/market/listed-companies/company-announcements/6304857

In Year Ended Jun 2018 they held 10.000,000, being 4th largest...Topmost = Great Eastern with
28,105,701.

Posted by danielleesing > 2019-11-19 16:34 | Report Abuse

Benjamin, who is the chief executive officer of United Malacca Bhd, said his company had already banned paraquat in all its plantations sprawling 108,000ha in Melaka and Indonesia.

Posted by Plantermen > 2019-11-20 09:33 | Report Abuse

Sulaiwesi venture planting cocoa, coconut, sevia, coffee requires very long gestatation period. Land usage allows only cash crop not oil palm planting

Posted by Fabien "The Efficient Capital Allocater" > 2019-12-18 21:52 | Report Abuse

excluding the one off gain, still operating losses

Posted by LouiseS > 2019-12-20 11:43 | Report Abuse

UNITED MALACCA's earning performance has been overall unstable in last five years, whereby its earning per share overall fluctuated from -18.6 sen to 40.4 sen. In particular, in the current financial year, the group is hit by a -18.6 sen per share losses, due to low crude palm oil prices and new adoption of the Malaysian Financial Reporting Standards.

https://louisesinvesting.blogspot.com/2019/12/comments-on-united-malacca-berhad-2593.html

Posted by Up_down > 2019-12-21 20:28 | Report Abuse

Umcca used to be seen as an 'efficient' planter through taking advantage of aggressive accounting policy for plantation (non amortization of planting costs). The real face was revealed after compulsory adoption of new MFRS. Umcca is not an alone case. WTK and Jtiasa were adopting such aggressive accounting policy too.