KLSE (MYR): UTDPLT (2089)
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Last Price
30.86
Today's Change
-0.16 (0.52%)
Day's Change
30.84 - 31.02
Trading Volume
908,500
Market Cap
12,846 Million
NOSH
416 Million
Avg Volume (4 weeks)
600,950
4 Weeks Range
26.34 - 31.44
4 Weeks Price Volatility (%)
52 Weeks Range
15.88 - 31.44
52 Weeks Price Volatility (%)
Previous Close
31.02
Open
30.84
Bid
30.86 x 100
Ask
30.96 x 400
Day's Range
30.84 - 31.02
Trading Volume
908,500
Latest Quarter | Ann. Date
30-Sep-2024 [#3] | 13-Nov-2024
Next QR | Est. Ann. Date
31-Dec-2024 | 13-Feb-2025
T4Q P/E | EY
16.69 | 5.99%
T4Q DY | Payout %
0.00% | 0.00%
T4Q NAPS | P/NAPS
6.93 | 4.46
T4Q NP Margin | ROE
36.63% | 26.69%
2024-11-21
2024-11-21
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2024-11-13
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2024-11-13
Sector: PLANTATION
Sector: PLANTATION
Subsector: PLANTATION
Subsector: PLANTATION
Description:
United Plantation Berhad cultivates and processes palm oil, coconuts, and other plantation crops. Its subsidiaries process and manufacture palm oil until it is ready to be packaged and distributed to customers worldwide. It owns light railway to transport products from palm trees to a handful of mills located on its property. Coconuts can be sold at a young age for drinking purposes, or as mature nuts to help produce milk, powders, and other products. End products produced by the company include cooking oils, ready-to-eat oils, soaps, and specialty fats. The remaining waste water and discharge from mill operations are used to produce fertilizers or shipped to ponds where it can be purified and released to rivers and waterways.
Expect more payout in Q3 due to the 2% dividend tax.
My target is RM31.67 based on the 6% yield payout, using RM1.90 - 2023 dividend as benchmark.
If they pay more, price target will be higher.
1 week ago
Aiya, 60 sen not bad lah. Not too far from my initial guess of 80 sen. That means final dividend will be more loh. No worry. This is a good stock. Still better than average. Next year performance may be better. Bonus issue is good if you are not going to get odd lot.
1 week ago
off course i will need to support mah ... the world most probably best beeer 🍻🍻🍻🍻🍻🍻 ... need to sell whereever i can hahahah ....
1 week ago
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.
1 week ago
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.
1 week ago
Be grateful people, this time divi RM0.60 + Big capital growth. This morning reached new milestone of RM30
1 week 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
1 week ago
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..
1 week ago
I hope there will be bonus issue 1:100 or "unusual surprise" dividend from UP next month😁
1 week ago
Not bad UP, today + 0.94 , all other counters are red in color, except you green! Big Green!
1 week ago
@Fabien, kindly share what is your investment thesis for UP?
what is your exit policy?
Tq
6 days 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
6 days ago
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.
5 days 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??
5 days ago
U sell utdplnt i will buy from u..but do remember to.come bak here and visit us ok after it passes rm50
5 days ago
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5 days ago
I will be happy already if UTDPLT can sustain above RM30 until end of this year
3 days 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.
3 days ago
Last year king of bursa is ytl power, this year definitely is utdplantation. Congratulations to who hit jackpot
1 day ago
I know you know how Bursa punya stocks work, BudiLee. They always pull back when they reach certain high price
4 hours ago
pang72
Lagi sikit cross $30..
No pronlem..
Wait for next few days...
1 week ago