PLENITUDE BHD

KLSE (MYR): PLENITU (5075)

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Last Price

1.47

Today's Change

0.00 (0.00%)

Day's Change

1.47 - 1.47

Trading Volume

2,000


6 people like this.

1,159 comment(s). Last comment by frankco 2 weeks ago

Posted by snowball2000 > 2024-01-29 11:46 | Report Abuse

It seems the big boss is having a spate of bad luck lately. Better bail now before it is too late ..... :]

frankco

203 posts

Posted by frankco > 2024-02-26 11:02 | Report Abuse

is Plenitude owned by Daim?

ks55

4,324 posts

Posted by ks55 > 2024-03-16 23:36 | Report Abuse

I am holding Plenitude share below rm 1.00
Will hold it at least until RTS is ready. If LRT really take place and has a station at Tebrau City, then will hold the share until that LRT become operational.

MULTIEVER

147 posts

Posted by MULTIEVER > 2024-04-09 11:14 | Report Abuse

Heng ah! Huat ah! Chiong ah! Sai Lang🔥🔥🔥

katara

270 posts

Posted by katara > 2024-04-09 15:17 | Report Abuse

nice😍

pang72

52,289 posts

Posted by pang72 > 2024-04-09 16:58 | Report Abuse

Another property counter included into the johor booming property list..
Ksl, eco, UEMS, plenitude spsetia, simep....

ks55

4,324 posts

Posted by ks55 > 2024-04-24 22:52 | Report Abuse

Plenitude is the most valuable hidden gem in Malaysian property counter due to extremely low land cost. Very good FCF. Very capable and credible BOD. Very solid major shareholders.

Ready to take off soon.

ks55

4,324 posts

Posted by ks55 > 2024-04-24 23:01 | Report Abuse

To make 50% profit from this counter within 6 months is sup sup water.

Don't miss the forest for an old tree. Just look at the probability of making 50% profit from Plenitude vs 50% profit from a grossly overpriced stock (from 4 ringgit to 6 ringgit). Weigh the risk of losing big when you only see a table-size cookies drawn in the air.

Posted by hopetobecorrect > 2024-05-23 21:05 | Report Abuse

@ks55,,do plenitude has land in JB that is related and will benefit from the RTS?

i only knew that they had spent more money than the current market cap on all the hotels

Posted by hopetobecorrect > 2024-05-27 19:50 | Report Abuse

Years of diversification to hotels business finally produce profit that is almost 40% of total profit.
Will the price go back above RM2???

remus17

113 posts

Posted by remus17 > 2024-05-28 15:59 | Report Abuse

price not moving much although good result

ks55

4,324 posts

Posted by ks55 > 2024-05-28 23:15 | Report Abuse

Plenitude will continue to make good profit from property development as land cost is extremely low. Hotel operations are just addition toppings. More important considerations are the sustainable property development over many more years into the future and the strong cash flow.

Lam LH

305 posts

Posted by Lam LH > 2024-06-06 12:14 | Report Abuse

All the property stocks had skyrocketed. When is your turn?

Posted by hopetobecorrect > 2024-06-07 15:17 | Report Abuse

I am having a very good sleep.
Don't disturb me

ks55

4,324 posts

Posted by ks55 > 2024-06-11 09:49 | Report Abuse

I am going to make big profit from Plenitude. My average cost is less than 1 ringgit.

frankco

203 posts

Posted by frankco > 2024-07-28 12:49 | Report Abuse

Hotel business's revenue increase almost to half generated in property development.. its strategic investment and divestment into the hospitality business in Malaysia, Japanese and Korea is paying.. Inbound Tourist into all these country been exploding in recent years.

Hush77

1,271 posts

Posted by Hush77 > 2024-08-09 09:39 | Report Abuse

Plenitude is undervalued...
Low PE 7x and NTA rm 4.4.

Hush77

1,271 posts

Posted by Hush77 > 2024-08-19 19:20 | Report Abuse

Its undervalued...and looking at their hotel assets...
Company shld do share buyback...

ks55

4,324 posts

Posted by ks55 > 2024-08-29 19:03 | Report Abuse

Latest QR no good due to write off 13.9 million impairment upon disposal of a subsidiary. No idea which subsidiary was sold as there was no Bursa announcement. Also make me puzzle why there was 20 million increase in administrative charges which no increment in revenue.
Any how net profit was 16.7 sen compared with 11.5 sen for previous year.
Believe Plenitude will still declare 4 sen dividend by 20 Sept.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3478937

https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=229766&name=EA_FR_ATTACHMENTS

The Group registered a revenue of RM134.3 million and net profit of RM0.5 million for the current
quarter ended 30 June 2024 as compared to revenue of RM131.2 million and net profit of RM19.9 million
in the corresponding quarter of the previous financial year. The lower profit recorded in the current
quarter was due to provision of an impairment loss on assets held for sale of RM13.9 million resulting
from the disposal of an indirect wholly owned subsidiary company.

ks55

4,324 posts

Posted by ks55 > 2024-08-29 19:06 | Report Abuse

Without impairment charges, Plenitude will make 20 sen profit per share.

Hopefully next quarter result will not show any impairment again.

Posted by diuleiloumei > 2024-08-29 22:22 | Report Abuse

Continue kaki Kong kaki song
AaHah hah hak

Posted by diuleiloumei > 2024-08-29 22:22 | Report Abuse

Bad qr

Hush77

1,271 posts

Posted by Hush77 > 2024-09-01 08:22 | Report Abuse

The impairment is one off.. the NTA is now $4.40 vs price now just $1.38..
Cheap lvl to accumulate for longer term

Dehcomic01

357 posts

Posted by Dehcomic01 > 2024-09-10 09:53 | Report Abuse

Plenitude – a new hope

The performance of Plenitude over the past decade was nothing to shout about with an average ROE of 4%. But this was because not all its cylinders were firing. Plenitude had 2 main businsses – property development and hospitality.

The hospitality business used up about half of its capital. For most of the time over the past decade the hospitality business delivered losses. The profits for the group were contributed by property development.

But over the past 8 years, the group had been refurbishing and improving the operating efficiency of the hospitality business. Then in 2023, this business began to deliver profits. I would expect growing contribution from the hospitalilty business.

Can you imagine the potential returns when both property development and hospitality pull their own weight? I think the market price has yet to reflect Plenitude’s turnaround.

For more insights refer to page 20 on INVEST https://notice.shareinvestor.com/email/newsletter/invest/pdf/Vol223-Invest-06Sep.pdf

ks55

4,324 posts

Posted by ks55 > 2024-09-20 09:09 | Report Abuse

Plenitude is going to declare 4 sen dividend today.

katara

270 posts

Posted by katara > 2024-10-01 09:53 | Report Abuse

When both property development and hospitality pull their weight
and contribute to the bottom line, I would expect significant
improvement to the return. The profitability picture as well as its
strong financial position suggest that Plenitude is not a value trap. --Dato Eu

Posted by hopetobecorrect > 2024-10-08 20:28 | Report Abuse

Forever value trap , that's for sure

Learner68

46 posts

Posted by Learner68 > 2 months ago | Report Abuse

Why i3 did not show DPS on Qtr financial result for this company ?

Hush77

1,271 posts

Posted by Hush77 > 2 months ago | Report Abuse

Its still cheap

yongyong88

586 posts

Posted by yongyong88 > 1 month ago | Report Abuse

A low profile company with good cashflow and growing business. A laggard property counter soon to catch up with matrix and spsetia...

ks55

4,324 posts

Posted by ks55 > 1 month ago | Report Abuse

Next to expect is Paramount. Result will be out by coming Monday. Looking for at least 5 sen earning per share.

Hush77

1,271 posts

Posted by Hush77 > 1 month ago | Report Abuse

The nta is rm 4 ++..
Significantly undervalue..with its hotels and landbank
Might as well privatised

frankco

203 posts

Posted by frankco > 1 month ago | Report Abuse

Daim is gone.. willing to give higher diV moving forward?

ks55

4,324 posts

Posted by ks55 > 1 month ago | Report Abuse

Received 3.5 sen dividend today. Will receive next 5 sen dividend in Dec. What a dividend counter!

Hush77

1,271 posts

Posted by Hush77 > 1 month ago | Report Abuse

Well if plebitude just sell off 1 piece of land to data center or hotel, they can even pay rm 1.30 dividend...

SincereStock

2,421 posts

Posted by SincereStock > 1 month ago | Report Abuse

bought in plenitu for the first time with price between 1.36 to 1.37 (morning session, 02 december 2024). interested with it's improved hotel business instead of property business, just hopefully it's property business will not drag down.

Hush77

1,271 posts

Posted by Hush77 > 1 month ago | Report Abuse

Just look at its hotels alone......ascott gurney penang ,aokwood residence ,etc..
The share price is undervalued...
https://plenitude.com.my/hotels/

ks55

4,324 posts

Posted by ks55 > 1 month ago | Report Abuse

Received 5 sen dividend today. Total dividend received in 2 months 8.5 sen

Hush77

1,271 posts

Posted by Hush77 > 3 weeks ago | Report Abuse

Yes the hotel asset is worth alot and undervalue

SincereStock

2,421 posts

Posted by SincereStock > 3 weeks ago | Report Abuse

sold all PLENITU at RM1.42 (morning session, 26 december 2024). think today' uprise maybe due to chenjian's article, not sure if it can sustain longer and go higher, so decided to take profit margin together with 5sen dividend earned. will keep monitor this counter for possible reenter opportunities

Posted by hopetobecorrect > 3 weeks ago | Report Abuse

What did the article said? Very undervalue.????!

Hush77

1,271 posts

Posted by Hush77 > 3 weeks ago | Report Abuse

Plenitude nta is $4.55
Now at $1.42, the company is undervalued..

SincereStock

2,421 posts

Posted by SincereStock > 3 weeks ago | Report Abuse

@hopetobecorrect only talking about potential changes in dividend policy

https://www.klsescreener.com/v2/news/view/1448261

Hush77

1,271 posts

Posted by Hush77 > 3 weeks ago | Report Abuse

Thia year it pays out 8.5 sen dividend...so the diviend yield is around 5.9%..
Not to mention they have good asset , land , hotel, cash... which makes the nta $4.5 vs now share price $1.45..
Company shares is cheap aka undervalue lol..

frankco

203 posts

Posted by frankco > 2 weeks ago | Report Abuse

is transitioning into a dividend stock..

Hush77

1,271 posts

Posted by Hush77 > 2 weeks ago | Report Abuse

Yes and it is undervalued..even at $1.5...

frankco

203 posts

Posted by frankco > 2 weeks ago | Report Abuse

could spin off the hotel business to become REIT since it is doing so well.

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