Posted by pang72 > 1 month ago | Report Abuse

https://www.sinchew.com.my/?p=6058087

Posted by pang72 > 1 month ago | Report Abuse

CPO futures at two-year high, prices rally above RM5,000 per tonne
By Bernama / Bernama
08 Nov 2024, 09:23 pm
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KUALA LUMPUR (Nov 8): Crude palm oil (CPO) futures on Bursa Malaysia Derivatives hit a two-year high, as prices rallied to above RM5,000 per tonne, a trader said.

Palm oil trader David Ng said the market outlook remains positive with Indonesia implementing a higher biodiesel mandate next year which will boost demand for palm oil.

“Market sentiment was also influenced by weaker output pace. Hence, we see prices well supported above RM4,800 per tonne and resistance at RM5,150 per tonne,” he told Bernama.

FastmarketS Palm Oil Analytics senior analyst Sathia Varqa said CPO futures notched a 30-month high, supported by a strong biodiesel demand outlook amidst a tight first-quarter production view.
https://theedgemalaysia.com/node/733304

Posted by BudiLee > 1 month ago | Report Abuse

RM28.10 --> RM30.20 --> RM32.10 --> RM35 --> RM36.80 --> RM38.90 --> RM40

Posted by BudiLee > 1 month ago | Report Abuse

The announcement of Dividend is most likely to be in next week, get ready people!

Posted by BudiLee > 1 month ago | Report Abuse

UP is a strong and stable company to invest in for at least the next 3 to 5 years.

Posted by pang72 > 1 month ago | Report Abuse

Yes! Standby popcorn and book the restaurant to celebrate in next week end liao

Posted by Pinky > 1 month ago | Report Abuse

UP UP UP and UP really

Posted by kk7198 > 1 month ago | Report Abuse

RM35.00 by next year?

Posted by DonovanTingQY > 1 month ago | Report Abuse

Reaching new high today. Let's go to RM30 first

Posted by BudiLee > 1 month ago | Report Abuse

That's for Sure, my friend!!!! I'm so happy managed to get some on last Friday.

Posted by BudiLee > 1 month ago | Report Abuse

If like this, RM35 is not by next year, but by next Month!!!

Posted by Fabien _the efficient capital allocator > 1 month ago | Report Abuse

RM30 soon. Congrats everyone!

Posted by KClow > 1 month ago | Report Abuse

Welcome RM29
Believe now or not guys..
Was i right or wat😎

Posted by pang72 > 1 month ago | Report Abuse

..... I am super happy also lo...
$29,$30,$31....satu satu mari lo...

Posted by pang72 > 1 month ago | Report Abuse

My celebration dinner is conlanform lo

Posted by dam82 > 1 month ago | Report Abuse

lets celebrate with a nice 🍻🍻🍻🍻🍻

Posted by pang72 > 1 month ago | Report Abuse

Whole bursa in red except plantation..
If local and foriegn funds continue pump in money to make plantation counters visible..... The next theme is confirmed

Posted by dam82 > 1 month ago | Report Abuse

Hope it can sustain and break 30 past trend once move past 30 it will not fluctuate much …

Posted by pang72 > 1 month ago | Report Abuse

$29.16 ALL TIME HIGH WEI:)

Posted by BudiLee > 1 month ago | Report Abuse

$29.24 ALL TIME HIGH WEI:)

Posted by BudiLee > 1 month ago | Report Abuse

Don't be surprised UP can hit RM30 today 😂🤣

Posted by KClow > 1 month ago | Report Abuse

U sukers come here when utdplnt at rm28🤣
When at 15 where u la

Posted by KClow > 1 month ago | Report Abuse

Dont worry i will sell to u at rm35 ok soon

Posted by Sardin > 1 month ago | Report Abuse

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

Posted by winston1 > 1 month ago | Report Abuse

Last year during this period the dividend was 80sen. Hopefully with better price this year we get a better dividend.

Posted by dam82 > 1 month ago | Report Abuse

every day i open see utdplt make me 😼😼😼😼😼 ... now question is how far this rally will go ..., enjoy the ride once in a lifetime ...

Posted by Sardin > 1 month ago | Report Abuse

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

Posted by Sardin > 1 month ago | Report Abuse

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.

Posted by Sardin > 1 month ago | Report Abuse

How about dam82?

Posted by Sardin > 1 month ago | Report Abuse

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.

Posted by BudiLee > 1 month ago | Report Abuse

I am expecting in total of 120 cents Dividend at least

Posted by BudiLee > 1 month ago | Report Abuse

Im so happy to get a few K of UP shares this morning at a lower price

Posted by KClow > 1 month ago | Report Abuse

@ooink899
Where r u?
Poor girl ran away in shame...

Posted by Pinky > 1 month ago | Report Abuse

Woohoo I'm almost 100% unrealised profit

Posted by pang72 > 1 month ago | Report Abuse

The best manage plantation company flying high high high..

Posted by dam82 > 1 month ago | Report Abuse

i think 80cent should be good enough ... when i bought utplt its because the management prudent in managing the the company so i hope they don't give large divident just because sake of rewarding the shareholder .. i am sure people will curse me .. bring it on .... more 100% unrealised profit also hahaha

Posted by Fabien _the efficient capital allocator > 1 month ago | Report Abuse

My average cost is 8.78 :)

Posted by BudiLee > 1 month ago | Report Abuse

$29.98 ALL TIME HIGH WEI:)

Posted by BudiLee > 1 month ago | Report Abuse

Very soon will be the new all time high of RM30 😍🤗

Posted by BudiLee > 1 month ago | Report Abuse

+0.500 for today, well done UP!

Posted by BudiLee > 1 month ago | Report Abuse

tomorrow another +0.500 , and also the day after, and everyday. What do you think?

Posted by pang72 > 1 month ago | Report Abuse

Lagi sikit cross $30..

No pronlem..


Wait for next few days...

Posted by pang72 > 1 month ago | Report Abuse

Friday 25 Nov shall announce special dividend.... If not later...

Posted by pang72 > 1 month ago | Report Abuse

$30 by Friday... OK bo?

Posted by JrWarren > 1 month ago | Report Abuse

Expect more payout in Q3 due to the 2% dividend tax.
My target is RM31.67 based on the 6% yield payout, using RM1.90 - 2023 dividend as benchmark.
If they pay more, price target will be higher.

Posted by BudiLee > 1 month ago | Report Abuse

RM30 by tomorrow bro!

Posted by Sardin > 1 month ago | Report Abuse

Dividend RM 1 I guess.

Posted by JrWarren > 1 month ago | Report Abuse

My wild guess is RM1.20 in Nov and RM0.80 or more in next Feb.

Posted by Sardin > 1 month ago | Report Abuse

RM 1.20 is very possible.

Posted by dam82 > 1 month ago | Report Abuse

QR today right