UP sold coconut at 1.24 in 2021, so 1.5 is reasonable. Most probably the soil is
not suitable to for palm oil, that's why coconut is planted.
When West coast highway start operation, the value of Pantai Remis coconut
plantation will skyrocket.

Sardin, I wrote to them twice, if memory serve me right, it's the commercial dir who replied. response very fast..
Regarding ha/worker, there are workers in R&D n palm oil mill too.
No need to calculate yourself. the figure given during AGM should be reliable.
They are not like Sime Darby, dare not even provide yield info in their AR. Can
you believe these guys.

Also, their coconut price selling price is mention in all the AR except year 2022 is being left out or maybe misprint.

Opps, my bad, maybe it's mention in year 2021. The 2021 AGM meeting minutes is not shown in website. You can write to them and ask. I attended the both AGM in 2021 n 2022. In one of the meeting the CEO did mention about it. Nation average is 8 ha/worker, UP is 12ha.

Please read the AGM meeting minutes. What happen to ppl nowaday. Just want everything handed to them in a silver platter. Haiz...

They also faced worker shortage for the last two year, they may use
some of the coconut plantation's worker to support the palm operation.
This might be one the reason why coconut output is declining.

Sardin, you can always ask in AGM.

Why bother? It's insignificant to the top n bottomline.

Normally announce in April, Ex date in Jume

Bro, result already out, read the AR. They don't have Q4 report.

Those who plan to attend the AGM may ask the management on diversification into durian plantation.

I've attended the virtual AGM before. The meeting minutes posted on the website
will have all the Q&A in it. Only downside is you get the info much more later.

Check the annual report.

Opps!!! wrong info. correction: It's 153Ton hedge at 4K/ton for less than 12 months, 38ton hedge at 4.31k/ton for more than 12 months

This year profit and div will probably be the same. Hedge more than 4K/ ton for 191 ton.

Yeah!!! Div RM 1 !!!! profit 606M

I hope you're right. But normally Q4 profit is lower than Q3

Is it???? Did dividend reduced is it? If not happy sell lo!!!!!

If current price not attractive, then sell like no tomorrow lo!!!!!

Who care! Important is dividend good, QR good. value appreciate!!!

Thank you obsevartory for your valuable input.

Hmmm, result out, average la.

Ahlian ar, AhHwa told me that during AGM, the director mentioned the plantation acquired from Pinepac will only contribute in year 2024 wor. Not this year. Where do you get that info?

Free float not a lot, not easy to goreng. At least you can sleep well at night.

Hmmm... EPF now become a substantial shareholder. Hope is a good sign.
Maybe not able to buy cheap anymore.

Bro, the announcement already stated very clearly. I don't think
there will be any new technology product. But believe the management
will look into ways to improve the company's bottom line. Below are
Part of the announcement dated 12th Jan.


After consideration of the MIDA’s approval, UTB wishes to make further announcement as follows:-

The approved "Design, development and manufacture of configurable presence and distance sensing time-of-flight (CPDS-ToF) technology (“the approved technology”) is currently being adopted in the production of some new products beginning January 2023 for our customers.
Barring any unforeseen circumstances, UTB expects that more than 1/6 of the Group's revenue will be generated from the new products categorized under the approved technology and profit generated will be tax exempted. The profit from the remaining of the Group’s revenue will be taxable at the statutory tax rate of 24%. Thus, the effective tax rate of the Group for the current year is estimated to be higher than the preceding years.
Uchi Opto will also adopt the approved technology into other new products and the effective tax rate for the Group shall improve over time.
In the meantime, Uchi Opto wishes to clarify further that the other 3 Applications submitted were not approved by MIDA and Uchi Opto endeavours to look into new applications for incentives.

Wah, coo ku use think to derive target price lo!!!!! No need calculation one!!!!! Bery advance.
Use your toe to think ar? Wakakakakaka!!!!!!!!

Aiyoyo, coo ku no happy ar. Ask ppl to sell him cheap cheap he oso angry wor.
I no value investing one, can tell those who wan to sell you cheap cheap how do you
value Uchi at 2.35 ar? Can show calculation ar ? I oso wan to learn lor.

Let us know your target ma, rookie. So we can decide whether want to all in or not.

Aiyoyo !!! Base on what Coo Coo said, this counter gone case lioa. Please sell like no tomorrow!!!!! Sell at 2.35 or below so that Coo ku can buy cheap cheap from you.

Pang, looks like when you appear in any forum, the price sure went up. Hahaha.

WoW! Gap up, should be a good sign!!!!!!

Pang, RCE belongs to Azman Hashim lah not ColdEye lah.
Ya lo, agreed with you on the value investing strategy

Patience lah my friend. It will go up sooner or later if the revenue and profit continue to growth.

Pang, If your sifu is KYY means when you say buy it actually means otherwise. hahaha

Ya lo, I hold since 2018. Pang, you change sifu ar? I thought you use to follow Kyy and OTB?

WOW! Production still up 3.4% for the whole year while others complain about manpower shortage...... Record profit ==> record dividend this year. Hahahaha

Break all time high today, Q3 report must be good!!!

This co's share is tightly control, look at today's sell Q, seldom have such high volume q to sell

When the profit continues to grow sure can back to RM2 lo, can even go above 3 wor. Why you ask? you stuck at RM 2 ar? Actually, only god knows the answer. Waakakaka.....

Mr. Tan

My Pick for 2023 are as follow :
Pantech 20%
PPHB 20%
AHhealth 15%
RCECap 15%
Uchi 15%
UtdPlt 15%

Reasons as below :
Pantech - Benefit from increases in capex from O & G sector
PPHB - Recovery in consumer n tourism sector.
AHealth, RCECap, Uchi, UtdPlt - Defensive play.

Thank you

I don't think it's possible but I believe their dividend will be at least 10sen and above for FY2023 n beyond. Even at current price, if the dividend is 10 sen, yield will be 5.9%, which I consider is excellent if you compare to other divy stock in KLSE

Jeff, why do you think 2023 dividend will be at least 28 sen?

Bro, you are correct. But next year should be better than FY2021, so the dividend will still be good. If you think it will drop after dividend, then buy only at your target price lo.

If NP is consistent, I think we should be getting at least 10 sen dividend yearly.

Jeff, why keep buying? Appreciate if you could share your reasons.

Tanah Rata won't be much. Although Palm oil start bear fruit around year 4, it will only reach full maturity on year 7.

Good dividend for FY 2022. Profit also will break new high.
Base on 2023 future contract FY 2023 result should also be good ==> good dividend lo.

Today ex div, also Dow dropped 700+ last night ma.

It's not their money ma. Maybe someone connected wanted to buy cheap, so they sell down to push the price downward lo.