@Fabien. Did you spy on me? :) I don't put my eggs there. I put my hens there. And as for the eggs, I have not decided where to put. It is better to keep them temporary. The world is getting more chaos, who knows what will happen tomorrow. At least I got some hard boiled eggs to eat when things go unexpected. Every stock has got a big bad wolf you know. We need to store some food just in case, for long-term guerrilla warfare.

Where got people bonus issue if they want to privatize their company?

Isn't that buying another piece of land to plant more profitable than privatizing UP?

For those who not yet buy can wait for a while for better price as it is bearish at the moment.

10% div yield next fiscal year

Wah. Why so bullish? Gold mines discovered under ground during replanting?

If anyone see Dato' Lee please remind him that the monthly production report for November 2024 has not yet been published.

FY 2025 will be a wonderful and very blessed year for MKHOP. Fat profit and big dividend.

Cast your vote, I have casted mine. Lucrative business for everyone to grab.

MKHOP's oil yield is higher than most of the public listed plantation companies in Malaysia. It is a very new plantation and if the facility can be upgraded year by year it has a potential to further increase its EPS. This is a stock that has a potential to double up its EPS next year. At RM 0.72 per share, we can get RM 33,000 per ha planted oil palm at prime age or RM 13,300 per acre. Where to get in Malaysia? And new land to be purchased at ridiculously lower prices for expansion.

Smile

Price movement shows someone is not happy with me. 😂 Nevermind.

The strong basis is exceptional dividend yield

I want to replicate my success in UP here base on one thing.

Dividend in Q3 should be more yoy. Q4 will be even better. Next year potentially better than 2023. I tell you before the analyst report 😁

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.

Surprisingly bullish 😁

dam82, are you going to have carlsberg tonight?

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.

RM 1.20 is very possible.

Dividend RM 1 I guess.

If I were the boss, I am inclined to borrow the money to pay extra dividend if I can get a term loan at 3% interest rate or lower. But I am not the boss. And I think the boss knows more than I in recognizing what are the right things to do.

How about dam82?

Coming dividend I predict 80 sen to 100 sen in total, likely to be at the lower side. Final dividend to be the same. Share valuation wise, it will remain high despite the same amount of dividend.

@KClow, I thought I saw you somewhere in a company's agm. Forget it if you are so pantang to be greeted here.

Hi KClow, were you in coconut business long time ago?

@Tlc. Definitely

@Thirai Thiraviam. Happy to see your response and your thoughts. In the end all the thoughts must be summed up to EPS and DPS forecast in order to give yourself (ourselves) a clear buy, hold, or sell decision. So, based on your best knowledge in Inno, what would be the EPS and DPS for FY2024? After that I will respond in which areas you had not mentioned.

You're right, Fabien. There are at least 3 wonderful things about Inno. First, talk about the land. Land concession is until 2073. It had been extended before, and will be again in future. Company like UP needs to pay for the land as quite a lot of it are leasehold. This cost is recognized as amortization. Comparing this to the rental Inno is paying despite the fact that Inno owns no land, one will find that the "effective cost to use the land" for Inno is a significantly less (RM 1.83 per ha per year or RM 3.40 if you want to assign 0 cost to the land planted with laran trees and move all the cost to the oil palm plantation). The 2nd wonderful thing is this FY2024 EPS and DPS. I would like to get your view on that. Let's see if we got the same figure.

This is a complicated-to-analyze stock so I think it could be risky for you. When I ask myself more questions I found it to be relatively more "challenging" and "tricky" to value this stock. Maybe someone know it better than me so the price keep on dropping. Sometime market could be right while we could be wrong.

Cheap1, because people look at the past where both EPS and DPS were in downtrend.

My view on Inno? Big U turn (going up) for both EPS and Div. Annual DY above 8% at current price if CPO can maintain 3,800.

Nice to meet you. I would like to refrain from giving my personal information because it is not relevant to our discussion. I am not sure what exactly you want to know but I'd be happy to help where I could. But remember I am not your friend and I could be wrong sometime so please be very careful.

Please introduce your mama first. 😄

小荷才露尖尖角，早有蜻蜓立上头。

Wah, you so straight forward ah 🤣. Rafizi asked the same question. I'll consider buying a lot of others when one day become Lee Ka Seng.

2.25 sen brother. 12.5% increase yoy. More to come. Soon the share price will exceed RM 2 because dividend will be very high this year.

I changed my mind, I am a member now after discovering more 😃.

Very good Q1 result. Both EPS and DPS are considerably higher yoy. Next UP, maybe.

Aiyo, wait for me, wait for me

Another one month or two it will become "tourist spot" and re-pricing to RM 15 within 2 years. If Guocera is sold off then this will happen sooner.

So quiet, I think I come back here after 2 months.

More exciting than action movie.

This effect of productivity improvement thanks to mechanization is a common phenomenon among large plantations (such as IOI & Sime Darby), not UP alone, if you follow the news.

~ Sardin, 27 Apr 2024

Invest while the forum is quiet. How to maximize return? Be the early birds that discover the change of wind, and take actions. Stingy boss? Becoming generous boss? Time will tell. Will patience be rewarded? Will trust be disappointed? Time will tell. It could be never happen, or it could be really soon. The waiting is the suffering that you need to pay to be in the game.

Please recall excessive heat started quite some time before FEB 2024 and so the effect manifest in FEB 2024.

Hi Observatory, the extraordinary dip of production in Feb 2024 was likely due to El Nino. But rainfall improves in Mar. That's not the explanation from UP, but my own belief based on info collection from various references. Exceptionally good 2H23 (vs year 2022) was mainly due to resolve of labour shortage.

My findings:
Good weather makes more good to efficient plantations than mediocre plantations. Bad weather makes more damage to efficient plantations than mediocre plantations. Pray for good weather.

Hi Mooven, I can't recall any question regarding to labour. In AR2023 you can see UP hires thousands of guest workers, and it mentioned for the first time they have more than enough labours. "...tireless efforts by our HRSS Department in bringing in 781 new Guest Workers through our Ethical Recruitment Procedures during the year. As I write this message, I can confidently state that we for the first time in years are ahead of our respective work." page 23 AR2023.
programmes.