UTDPLT (2089) Overview - UNITED PLANTATIONS BHD

Target rm35 maintained

3 weeks ago

off course i will need to support mah ... the world most probably best beeer 🍻🍻🍻🍻🍻🍻 ... need to sell whereever i can hahahah ....

3 weeks ago

catjedi

Bonus issue before or after dividend payment?

3 weeks ago

Keep till retire this stock ...

3 weeks ago

Mabel

KUALA LUMPUR (Nov 13): United Plantations Bhd (KL:UTDPLT) announced on Wednesday a 60 sen per share dividend payout — comprising a special dividend of 20 sen and an interim dividend of 40 sen — together with a one-for-two bonus issue, as it reported an 8.8% drop in its third quarter net profit following a jump in operating expenses.

3 weeks ago

JrWarren

My tp is RM31.67 previously, but after the bonus issue announcement, I share the same tp opinion with KClow at RM35. UP has RM600m cash now and RM778m order book, enough for RM1.90 dividend. Dividend replaced with bonus issue reason is the following quote from financial report:

[Amidst the global uncertainties and challenges, management remains focused on its operations and is taking various means to improve yields, productivity and to reduce costs. This aim is pursued through ongoing mechanization initiatives and through the replanting of older, less productive oil palm stands with our latest in-house high yielding planting materials. These efforts are vital for our ability to remain competitive and profitable as increasing labour costs, energy, chemicals and building materials are expected to exert upward pressure on our cost base.]

Human word : Guys, UP needs money to replant the tree, modernize our operation efficiency to earn more money. So I need cash now and I give you 1 free share la, I will work my @ss off to earn more and grow ur new bonus share value.

2020 bonus issue very obvious is for market liquidity purpose because the price was half (circa RM13) after the bonus issue.
2024 bonus issue only 1 : 2, after issuance is about RM 20, very obvious not for liquidity purpose.

2020 UP priced at RM24 then bonus issue, It takes 4 years for UP to achieve same RM24 (14/3/2024) and bonus issue again. Ur capital gain double every 4 years or CAGR 20% p.a..

Of course I hope got some expansion via buying new land to cultivate.

3 weeks ago

Be grateful people, this time divi RM0.60 + Big capital growth. This morning reached new milestone of RM30

3 weeks ago

I expect knee-jerk reaction today 😏

3 weeks ago

well said .. i would have disaspointed if they have declared a big divident that shows the decision made not due to business fundamental ... look for long term ... tanah rata still long way to go ..operational expenses will increase due to known facts but the prospect sitll there .. enjoy for now

3 weeks ago

I told you right, +0.960 now

3 weeks ago

+RM1.00 now

3 weeks ago

troy88

Congrats to all loyal shareholders. By far the best plantation stock and one of the very few stocks in bursa that is good for long term hold..

3 weeks ago

@troy88 yet analysts not covering it...

3 weeks ago

now wait to top up post bonus issue ...

3 weeks ago

I wonder how many of you are happy today? 😀

3 weeks ago

The best United since Man United of Alex Ferguson

3 weeks ago

I hope there will be bonus issue 1:100 or "unusual surprise" dividend from UP next month😁

3 weeks ago

Sardin

Surprisingly bullish 😁

3 weeks ago

Not bad UP, today + 0.94 , all other counters are red in color, except you green! Big Green!

3 weeks ago

rl68

@Fabien, kindly share what is your investment thesis for UP?
what is your exit policy?
Tq

3 weeks ago

I also curious if it’s reach 40 do you guys tempted to sell

3 weeks ago

I put 50% of my total monthly income into UP and collect the Dividend. I don't intent to sell any for at least the next 2 years

3 weeks ago

winston1

Buying momentum still on. Next stop 35.00

2 weeks ago

Sardin

lmao. Exit policy 🤣 This is a smart question. dam82, if it reaches 40, I'll research to find the reason to justify the price. If I cannot justify, I will suspect I overlook something, because this is UP. 😂 To avoid this trouble, I hope it to be stay at current price at least after long CNY break. Let us rest for a while. We old people should not get excited everyday.

2 weeks ago

Stupead people sold apple and nvidia 10 years ago 5 years ago 20 years ago after 100% profit...
😂
Now profit at 100 000%
Get it??

2 weeks ago

U sell utdplnt i will buy from u..but do remember to.come bak here and visit us ok after it passes rm50

2 weeks ago

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2 weeks ago

DonovanTingQY

I will be happy already if UTDPLT can sustain above RM30 until end of this year

2 weeks ago

It will reach 40 by next month brother

2 weeks ago

Known for its strong financials and consistent dividend history, UTDPLT is a top choice for those looking for a reliable income stream. It is one of the leaders in the palm oil industry with an impressive dividend yield and a track record of rewarding shareholders. It should definitely be on the list.

2 weeks ago

Dow futures tumble 500 points, S&P 500 futures lose 1% on Ukraine-Russia tensions

2 weeks ago

ultranippon18

Last year king of bursa is ytl power, this year definitely is utdplantation. Congratulations to who hit jackpot

2 weeks ago

DonovanTingQY

I know you know how Bursa punya stocks work, BudiLee. They always pull back when they reach certain high price

2 weeks ago

Greenying

Good point. How do we know the certain high price?

1 week ago

Michael Kwok

united plantation rm 30.94
Sell call
24/11/24 11.25am
Wah got 290 follower writer.

1 week ago

KingKKK

[24/11/2024 8:03 am] KingKKK: WINNING BIG: The 10 Best-Performing Stocks in Malaysia YTD - SUNWAY, GAMUDA, UTDPLT, IJMCORP, AIRPORT, CIMB, TENAGA, AMMB, 99SMART, HARTA

https://klse.i3investor.com/web/blog/detail/bestStocks/2024-11-23-story-h474783546-WINNING_BIG_The_10_Best_Performing_Stocks_in_Malaysia_YTD_SUNWAY_GAMUDA_

1 week ago

Tomorrow is the Ex Date my friends, and today the price is so Low. So, what are you waiting for? 😀 . I just grabbed a few thousands

1 week ago

Tomorrow's Dividend is RM0.60 brother, and not 6 cents 😅😂

1 week ago

DonovanTingQY

The share price is pulling back as expected ... Traders are selling

1 week ago

pushparaj

Is anyone aware of UP buying Arcadia estate, in Kayan, Sitiawan. Is it true

4 days ago

that would be good ... remember last time they also annouce bonus issue after an acquisition ... where did you get this information

3 days ago

Still got time to announce and extraordinary dividend before year end..

3 days ago

Fabien _the efficient capital allocator

Pity oooink899 dat maderfuker sold his and his maders utdplnt to me at rm20...
He ran away..lost a bet and supposed to suk my bals but disappeared

3 days ago

to those who like to go in and out. UP is best to hold tight and do nothing.

3 days ago

ooihk899

Wakakaka, KC Lowlife, you already sold @17++, why made so much noise.
I only collect dividend, price up down doesn't matter to me.
Bye for now, berrry berry busy counting div money lately

3 days ago

Waiting to top up after bonus issue…. For now just waiting patiently… do enjoy the ride with the world most probably best beer king Carlsberg

2 days ago

Sources said Genting may now feature in in the reserve list for potential FBM KLCI components, along with AMMB Holdings Bhd (KL:AMMB), Malaysia Airports Holdings Bhd (KL:AIRPORT), United Plantations Bhd (KL:UTDPLT) and Westports Holdings Bhd (KL:WPRTS).
Source: TheEdge - 5 Dec 2024

https://klse.i3investor.com/web/blog/detail/ceomorningbrief/2024-12-05-story-h475736792-Genting_Genting_Malaysia_to_be_Dropped_From_FBM_KLCI_8212_Sources

Go go go United!

1 day ago