Posted by KClow > 1 month ago | Report Abuse

😃

Posted by KClow > 1 month ago | Report Abuse

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

Posted by Diamond7 > 1 month ago | Report Abuse

Bonus issue
1:2

Dividend????
None!

Posted by Diamond7 > 1 month ago | Report Abuse

Oops! Sorry
60 cents dividend

Posted by dam82 > 1 month ago | Report Abuse

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

Posted by Sardin > 1 month ago | Report Abuse

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.

Posted by Sardin > 1 month ago | Report Abuse

dam82, are you going to have carlsberg tonight?

Posted by Diamond7 > 1 month ago | Report Abuse

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

Posted by KClow > 1 month ago | Report Abuse

Target rm35 maintained

Posted by dam82 > 1 month ago | Report Abuse

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

Posted by catjedi > 1 month ago | Report Abuse

Bonus issue before or after dividend payment?

Posted by dam82 > 1 month ago | Report Abuse

Keep till retire this stock ...

Posted by Mabel > 1 month ago | Report Abuse

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.

Posted by JrWarren > 1 month ago | Report Abuse

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.

Posted by BudiLee > 1 month ago | Report Abuse

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

Posted by Pinky > 1 month ago | Report Abuse

I expect knee-jerk reaction today 😏

Posted by dam82 > 1 month ago | Report Abuse

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

Posted by BudiLee > 1 month ago | Report Abuse

I told you right, +0.960 now

Posted by BudiLee > 1 month ago | Report Abuse

+RM1.00 now

Posted by troy88 > 1 month ago | Report Abuse

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..

Posted by Pinky > 1 month ago | Report Abuse

@troy88 yet analysts not covering it...

Posted by dam82 > 1 month ago | Report Abuse

now wait to top up post bonus issue ...

Posted by BudiLee > 1 month ago | Report Abuse

I wonder how many of you are happy today? 😀

Posted by Pinky > 1 month ago | Report Abuse

The best United since Man United of Alex Ferguson

Posted by BudiLee > 1 month ago | Report Abuse

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

Posted by Sardin > 1 month ago | Report Abuse

Surprisingly bullish 😁

Posted by BudiLee > 1 month ago | Report Abuse

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

Posted by rl68 > 1 month ago | Report Abuse

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

Posted by dam82 > 1 month ago | Report Abuse

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

Posted by BudiLee > 1 month ago | Report Abuse

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

Posted by winston1 > 1 month ago | Report Abuse

Buying momentum still on. Next stop 35.00

Posted by Sardin > 1 month ago | Report Abuse

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.

Posted by KClow > 1 month ago | Report Abuse

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??

Posted by KClow > 1 month ago | Report Abuse

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

Posted by mf > 1 month ago | Report Abuse

Dow Jones

Dow Jones Industrial Average

43,444.99

-305.87

0.69%

Nasdaq

NASDAQ Composite

18,680.12

-427.52

2.23%

Posted by DonovanTingQY > 1 month ago | Report Abuse

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

Posted by BudiLee > 1 month ago | Report Abuse

It will reach 40 by next month brother

Posted by BudiLee > 1 month ago | Report Abuse

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.

Posted by mf > 1 month ago | Report Abuse

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

Posted by ultranippon18 > 1 month ago | Report Abuse

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

Posted by DonovanTingQY > 1 month ago | Report Abuse

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

Posted by Greenying > 1 month ago | Report Abuse

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

Posted by Michael Kwok > 1 month ago | Report Abuse

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

Posted by KingKKK > 1 month ago | Report Abuse

[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_

Posted by BudiLee > 1 month ago | Report Abuse

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

Posted by BudiLee > 1 month ago | Report Abuse

Tomorrow's Dividend is RM0.60 brother, and not 6 cents 😅😂

Posted by DonovanTingQY > 1 month ago | Report Abuse

The share price is pulling back as expected ... Traders are selling

Posted by pushparaj > 1 month ago | Report Abuse

Is anyone aware of UP buying Arcadia estate, in Kayan, Sitiawan. Is it true

Posted by dam82 > 1 month ago | Report Abuse

that would be good ... remember last time they also annouce bonus issue after an acquisition ... where did you get this information

Posted by KClow > 1 month ago | Report Abuse

Still got time to announce and extraordinary dividend before year end..