ooihk899

moven00, Is it possible to share more on the Q&A session?

1 month ago

moven00

@ ooihk899,
1. Management say give some time for Tanah Rata acquisition to start contribute. It takes time, no shortcut.
2. One of the management people also corrected the accounting term which makes shareholders question why the depletion asset will be a total lost. In layman term @ hahaha. People like understand as asset that is old will be sold off to regain back some money.
3. 2 senior management people resigning after the AGM. It’s own their own decision. Mr Duo and Mr Diamond.
4. There is no further acquisition for the time being, but UP is ever ready to acquire whenever there is opportunity or bargain.
4. Basically all shareholders are happy and all resolution were passed without much fuss. 100% esp for the dividend payout resolution.

Got one guy who travel all the way from Malacca and he ask some very good question but unfortunately I didn’t pay much attention. Hahaha. Old man and lay person like me, easily distracted and lazy.

1 month ago

Sardin

Hi Observatory, it is both seasonality and more rain Q1 this year. The pattern I mentioned can be seen more obviously by m-o-m. You will find every year there is a sharp output recovery m-o-m. It normally happen around Mar +/- one month. This year it seems to happen in Mar-Apr. Let's see the crop output for Apr which is to be announced around 10th of May to verify.

1 month ago

Sardin

Hi Mooven, out of my curiosity, may I ask you what was the door gift? :)

1 month ago

moven00

@ Sardin,
1 Bottle of Vegetable Oil, 400gram fruit cakes & 1 box of Butter Cookies

1 month ago

Sardin

Wow, nice treat.

1 month ago

ooihk899

moven00, thanks for the info.

1 month ago

Sardin

https://www.theedgemarkets.com/node/664904

1 month ago

dam82

very strong even after ex date ermmmmmm ....will patiently

3 weeks ago

ooihk899

I'll wait until dividend received, eat lobster first, then only decide.

3 weeks ago

Diamond7

After ex dividend, still strong!
Yes
Eat your lobsters first. Then decide!
I sell half, keep half. Down I buy back

3 weeks ago

stockraider

Div payout Rm 1.20 per share....veli veli good mah!

3 weeks ago

LossAversion

My best stock besides Maybank, Received dividends, sell half to realise cap gains. Buy back at low later, wait for next dividend again in september/december.

3 weeks ago

hw0706

wilmar also down..

3 weeks ago

dam82

Tak boleh turun sikit ke ….

3 weeks ago

ooihk899

Patience bro! Just ex ma, go for vacation first.

3 weeks ago

Ahlian

There's chances to go higher this week, hopefully the long-term rally can continue and sustainable.

3 weeks ago

ooihk899

The answer is in tomorrow night.

3 weeks ago

goldenhope

Break RM16

2 weeks ago

Kensington

I hope the rebound from its low of 15.20 on 2 May 2023 could be sustained.

2 weeks ago

ooihk899

dam82, if you're lucky, you might be able to buy back this week.
Production drop by more than 10%.

2 weeks ago

dam82

nah willing to wait .. patient is important should not rush ... lets see where the price heading for now ... for me the motivation to buy tanah rata since that yet to be factored in for future earning .. if they can sustain the divident even during lower CPO when tanah rata factored in it should be amazing ... will wait for now

2 weeks ago

Ahlian

Base on moven00 sharing, the management has say, everything needs time to materialize. As next year contribution will not be so significantly contribute to its sales. If the CPO Can sustain at level 3500 will be good for dividend.

2 weeks ago

dam82

correct thats why need to buy with the right price so that can keep long term ... lets patient wait

2 weeks ago

Abrahmi

Best managed company
Look after workers
Ethical -

2 weeks ago

Sardin

Bullish. Price is heading towards RM 17.00.

2 weeks ago

dam82

ang pau dah masuk ....

1 week ago

ooihk899

Hahaha. Now front row seat watch show.

1 week ago

KClow

Lol thought all the up supporters left alteady looks like all enjoying the divi lol

1 week ago

KClow

What show u watching?

1 week ago

KClow

This is not anypow. Its divi. The divi minus the share price before ex. So its just ur money into ur account.

1 week ago

KClow

16.06 plus 1 is 17.06 is the price now

1 week ago

KClow

Very very high can go higher?till where?

1 week ago

KClow

Epf started buying bak after ex. Maybe i should put divi back in

1 week ago

ooihk899

Watch 'goreng' show ma. See how high it can go b4 EPF sell again.
By the way I'm not UP supporter. I'm UP shareholder. Hahaha.

1 week ago

KClow

Up today all time high.17.10
Congrats to the danes oramg putih denmark.

1 week ago

KClow

I doubt epf wil.sell.much.cos their holding all time low already

1 week ago

dam82

It depends how one want to put it in the words for me it’s angpau hahah

1 week ago

KClow

Wrong word.
Its not angpow if it goes from left pokket to right pocket.
Its ur money from profits.

1 week ago

dam82

Okie lah old uncle like me wrong words tak kisah janji dpt duit …let’s hope price will go lower …

1 week ago

Sardin

Price is heading south on the fear of El Nino hurts crop yield

1 week ago

Sardin

Serious rainfall in Feb and Mar, extreme heat in Apr and May and many months to come... I think CPO output in Malaysia for 2023 will be reduced instead of increase 2% as predicted by many analysts... The production forecast might no longer valid. Inventories will continue to go down due to poor harvest. El Nino normally lasts 2 years or longer. So I think there will be shortage by end of this year.

1 week ago

moven00

@ Sardin, thank you and appreciate your tireless effort to update us with your research and observation. Good sharing and informative.

1 week ago

Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥

UNITED PLANTATIONS
INTERIM PROFIT OR LOSS STATEMENT
RM'000

Revenue/Sales

QUARTERS Q1 Q2 Q3 Q4
2017 379,233 355,262 370,820 369,008
2018 325,544 309,930 340,858 329,259
2019 322,264 270,532 278,661 301,644
2020 318,909 294,317 334,036 392,796
2021 399,654 481,869 525,500 626,459
2022 642,908 701,258 649,621 521,021
2023 459,987

PROFITS AFTER TAX
QUARTERS Q1 Q2 Q3 Q4
2017 79,397 112,935 99,482 102,868
2018 100,913 88,077 95,116 89,994
2019 67,063 76,173 60,551 80,539
2020 81,528 124,060 95,904 100,085
2021 75,710 136,707 154,966 154,860
2022 61,610 185,724 197,084 161,146
2023 112,459

1 week ago

Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥

here are the yearly price ranges of crude palm oil (CPO) over the last 40 years, converted to Malaysian ringgit:

1982: RM985-RM1,602 per metric ton
1983: RM1,216-RM1,856 per metric ton
1984: RM1,160-RM1,770 per metric ton
1985: RM1,272-RM1,904 per metric ton
1986: RM1,260-RM1,728 per metric ton
1987: RM1,152-RM1,608 per metric ton
1988: RM1,176-RM1,744 per metric ton
1989: RM996-RM1,440 per metric ton
1990: RM916-RM1,320 per metric ton
1991: RM1,056-RM1,524 per metric ton
1992: RM825-RM1,212 per metric ton
1993: RM714-RM1,068 per metric ton
1994: RM657-RM972 per metric ton
1995: RM753-RM1,152 per metric ton
1996: RM759-RM1,134 per metric ton
1997: RM816-RM1,260 per metric ton
1998: RM621-RM1,000 per metric ton
1999: RM675-RM1,140 per metric ton
2000: RM642-RM1,011 per metric ton
2001: RM534-RM844 per metric ton
2002: RM599-RM976 per metric ton
2003: RM791-RM1,303 per metric ton
2004: RM970-RM1,675 per metric ton
2005: RM1,307-RM1,990 per metric ton
2006: RM1,423-RM2,447 per metric ton
2007: RM1,890-RM3,225 per metric ton
2008: RM1,359-RM3,721 per metric ton
2009: RM1,705-RM2,863 per metric ton
2010: RM2,129-RM3,238 per metric ton
2011: RM2,352-RM3,352 per metric ton
2012: RM2,534-RM3,430 per metric ton
2013: RM1,680-RM2,654 per metric ton
2014: RM1,872-RM2,616 per metric ton
2015: RM1,872-RM2,616 per metric ton
2016: RM2,370-RM3,555 per metric ton
2017: RM2,520-RM3,380 per metric ton
2018: RM2,023-RM2,844 per metric ton
2019: RM2,060-RM3,316 per metric ton
2020: RM2,009-RM3,423 per metric ton
2021: RM3,763-RM4,949 per metric ton

Overall, 2022 was a good year for Malaysian palm oil producers as the record-high CPO prices (+15% to RM5,087 per tonne) more than offset rising costs of production (higher labour and fertiliser costs).

Research houses have maintained their ‘neutral’ recommendation on the plantation sector for 2023, with crude palm oil (CPO) prices ranging between RM3,500 and RM4,000 for most parts of the year.

1 week ago

ooihk899

Hahaha, told you so, EPF start selling on 17th May.

1 week ago

GS

latest AGM Minutes:

https://unitedplantations.com/wp-content/uploads/2023/05/Minutes-of-102ndAGM27-April-2023.pdf

1 week ago

Sardin

Hi 3i, albeit a cyclical stock, there is a new baseline for CPO price. Eventhough fetiliser price is in the down trend but it is almost impossible for plantation worker salary to go down (unless hit by a big recession). Therefore the new baseline of CPO price would not be that low as we have seen in 2010s. At current economy outlook, there are not many better options than RM 15.80 / share UTDPLT. 7% to 8% dividend yield with very solid balance sheet and a management who is generous, kind and diligent... maybe you'd feel it more attractive than your small business if you have one. As I read through the AGM minutes, I feel the sincerity of management in responding to minor shareholders' interest.

1 week ago

Pinky

Compared to other planters who announced their latest Quarter results, UTDPLT really can be considered a superstar who managed to deliver in spit of harsh operating conditions

6 days ago

Sardin

Minor amendment in bracket. Someone mentioned the production cost / MT of CPO in the AGM. I have special feeling towards this question because I did spend a lot of time to do the cost analysis. If you are the one who raised the question and is reading this, I'd like to share with you my understanding on that. Assuming that labour salary, fertiliser, chemical and fuel cost (price) are flat throughout the year, then production cost / MT CPO will be highest in the quarter that produce the least CPO. This is because some of these costs and other costs are fixed cost, and are therefore cannot be divided evenly to CPO produced throughout the year.

6 days ago