UTDPLT (2089) Overview - UNITED PLANTATIONS BHD

RM 1.20 is very possible.

2 weeks ago

QR today right

2 weeks ago

😃

2 weeks ago

60sen divi. I think utdplnt bos wants to pay dividend tax

2 weeks ago

Diamond7

Bonus issue
1:2

Dividend????
None!

2 weeks ago

Diamond7

Oops! Sorry
60 cents dividend

2 weeks ago

no worries .... look for long term .. now i like more utdplt ..

2 weeks 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.

2 weeks ago

dam82, are you going to have carlsberg tonight?

2 weeks ago

Diamond7

Utd plant...the best plantation share in klsc!
Good governance
Generous boss!

2 weeks ago

Target rm35 maintained

2 weeks ago

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

2 weeks ago

catjedi

Bonus issue before or after dividend payment?

2 weeks ago

Keep till retire this stock ...

2 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.

1 week 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.

1 week ago

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

1 week ago

Pinky

I expect knee-jerk reaction today 😏

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

I told you right, +0.960 now

1 week ago

+RM1.00 now

1 week 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..

1 week ago

Pinky

@troy88 yet analysts not covering it...

1 week ago

now wait to top up post bonus issue ...

1 week ago

I wonder how many of you are happy today? 😀

1 week ago

Pinky

The best United since Man United of Alex Ferguson

1 week ago

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

1 week ago

Surprisingly bullish 😁

1 week ago

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

1 week ago

rl68

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

1 week ago

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

1 week 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

1 week ago

winston1

Buying momentum still on. Next stop 35.00

1 week 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.

1 week 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??

1 week ago

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

1 week ago

Dow Jones

Dow Jones Industrial Average

43,444.99

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0.69%

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NASDAQ Composite

18,680.12

-427.52

2.23%

1 week ago

DonovanTingQY

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

1 week ago

It will reach 40 by next month brother

1 week 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.

1 week ago

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

1 week ago

ultranippon18

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

1 week ago

DonovanTingQY

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

6 days ago

Greenying

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

3 days ago

Michael Kwok

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

3 days 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_

3 days 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

2 days ago