QR out why so quiet? Hope this year div btw RM1.5 to 1.7.😃

Appreciate those attended to share the info from AGM. Thanks!

No need to worry about up or down.
Coming QR more important ma.🙂

Final dividend have to wait for approval in AGM.
Most likely AGM date will be the ex date.
Have to wait for AR out only will notify AGM date.

Great, div of 4.25sen. Divy on the increasing trend, 😁🤑
its a good sign.Grats to all.

Should not worry about the output,
YoY Q1 CPO output up by 1.9% overall.
Q1 Own production YoY up by 2.9%😁

26th April , QR out. Bullish or not depend on QR,
production quantity n their CPO ASP.

Ytd Feb drop 3.8%, let's wait for Q1 production figure next week.
Anyway QR will be release on 26th. 😃

2H forward contract qty is 28550MT, around 1/4 of UP Malaysia
plantation 2H output. I think effect will not be so much.
As for output, you can attend the AGM to ask the management on the
effect of El Nino on FFB production

Sardin, does my explanation 'masuk akal'?
Please let me have your thoughts.

FY2023 Q1 ASP 37xx, This year CPO price Jan 3783.5 Feb 3949.5
Mar 4215.5 Info from MPOB.
UP hedge 1H 53620MT @3980. So, I don't think Q1 will affect much.
Have to look out for Q2 if CPO stay above 4200 for Q2.
Output wise, if it's below 5% YoY, will not affect much. Will catchup
starting Q2.
This year UP forward sales volume is low compare to last few years.
Up trend in CPO price will have lesser effect on profit.
Hopefully they can cover it with higher yields.

Sardin, what's your fear? Share with us ma!😊

Sardin, just spill it out lah. What to worry? It's only discussion.

It's harder to predict their profit since they only hedge
1/3 of their output as per AR info. I also do not know how
much they already sell forward along the way until QR out.
But I believe we are in good hand, hope this year Div is around 1.5.😄

Sardin, if UP is able to reduce their production cost n increase their output,
then they may be able to maintain result.

Hi Sardin, may I know which are the topics you would like to discuss.
I would prefer to discuss in the forum if it is related to UP.

TLC, please refer to AR pg 203. They already hedge 1H 53625MT
of CPO@ average of RM3980, 2H 28550MT @3800.
Also you can compare to their FY 2023 forward contract info. in
the page. You will be able to have a better estimation of UP profit.
Luckily this year, they did not hedge a lot in anticipation of price increase.
It seems that they had learned from their mistake in FY2021 n 2022

Production figure will be published on 10th April.

Most probably is the article published by Nanyang yesterday

https://klse.i3investor.com/web/blog/detail/nanyang_stock_expert/2024-04-03-story-h-184699950

Aiseh, animal Low so free ar?
Already sold his share @17 still talk a lot?😁😆😂😂
Nothing much happening ma, except waiting
for the div and Q1 result on 26th April.

Hopefully, he will announce his plan for the company.

Aiyo!😯 so fast finish washing? I hope it can
drop below 3.8 for me add a bit.

Ya, you are asswholelutely right. Please sell all your holding.
Buy AI stock, YTL group's stocks or Htpadu.🤣

You want to buy cheap is it,😮 that's why talk nonsense ar?
Normally Q1 n Q2 result will be lower than Q3 n Q4.
Let's wait for the Q1 & Q2 result n compare to last year Q1 & Q2.

No subsidy better lo, then no price control.
They will make more 💵💰😁

Relax Bro😎, another few quaters of good result, sure it will 🚀.😁

He has tons of TSH share waiting to unload to those
who believe him. Majority of TSH plantation in Indo.
The Indo CPO price is much lower than Malaysia due to regulation.
How can TSH be a good investment?
This guy has to issue an apology statement and retract his statement
on a listed company, remember?

Maybe, Europe sales maybe affected due to freight cost.

Depend on Q1 result. If manage to increase sales of
pioneer status product, above 4 is not a problem.

Hope the new owner can expand the company's business.🙂

BudiLee, learn value investing, many sifu out there.

Hopefully his prediction on CPO price for next year come true.

https://www.orientaldaily.com.my/news/business/2024/03/06/635547

BudiLee, relax lah, after Apex TP hit, sure correction ma,
unless you play contra lo.😮

Looks like divy will be good this year too.😁😆🤑
He mentioned CPO price btw 3850 to 4250.

From the Boss himself:

Bek-Nielsen said that having a good yield and high palm oil production will continue to be UP’s main focus for this year.
“We expect yield and production to grow further,” he said.

https://www.klsescreener.com/v2/news/view/1288743/united-plantations-sees-palm-oil-prices-ranging-between-rm3-850-and-rm4-250-in-2024

Apex TP hit ma sure will take a rest lo.😁
https://www.klsescreener.com/v2/news/view/1284057/united-plantations-rises-on-record-earnings-as-analyst-sees-cpo-prices-averaging-at-rm4-000-mt-in-2024

Animal Low, you already sold @17 why still pretend like you have the share.
😁😆🤣.
Bumper divy collect in May🤑💲💰, vacation again😎😁.

5.5% is nonsense, MACC should investigate EPF.😡

Hope it can drop below 3.8.😉

To hit 14B, the price must be Rm34/share.
Unless their CPO ASP is more RM5500 then maybe got chance
or goreng kaw kaw lo.

2 years ago, pay divy only twice. Final div only received in July.
Now dividend being split up so we can get majority of them early.
We should be grateful n happy la. 😁

Animal LOW, you already sold @17 why still pretend you have the stock?
Jealous I'm getting loads of divy is it?🤑 You already gone MAD is it?
That's why talk like animal.🤣🤣🤣

No subsidy for chicken also means no price control.
This may help them to have more consistent QR and net profit.

Just be patience. If FY2024 QR1 n QR2 continue to improve YoY,💪
consistent dividend payout ratio. Rerating is just a matter of time.😋😄
Anyway, I think will break RM 1 soon.🌈🚀 Gratz to all.😁🌞

Wow! Final dividend is 45sen, gratz to all.😁😆🤣🤑💲💰

I believe their Indonesia business will have a double digit growth
in the future since the economy is booming.

Hopefully will declare a dividend of 4.5sen in April.😁😆🤣🤑💲💰

https://www.klsescreener.com/v2/news/view/1284057/united-plantations-rises-on-record-earnings-as-analyst-sees-cpo-prices-averaging-at-rm4-000-mt-in-2024

Bro, what jeff meant is based on the PE, the TP is 3.6.
For me, the price will be base on next QR n also the coming
new government salary scheme.

Wow, pump n dump, hope QR is good else.........