PLENITU (5075): Financials Summary, Key Results, Growth

Price on uptrend in wave pattern .. hold tight.

2021-10-13 12:22

Zzzzzzz....

2022-04-15 11:50

AnwarKawKaw

Business gulung tikar sdah

2022-12-23 17:59

Also known as "ta pau"..... ;0

2023-04-19 10:18

i4value

Post removed.Why?

2023-06-12 13:26

Dehcomic01

Plenitude has two major potential profit contributors – property development and hospitality.

Property development has been contributing to the bottom line, even in the 2020/21 pandemic years. With the opening of the economy, I expect the contribution to be better. The property development segment was the major contributor to the Group’s performance.

Plenitude started as a property developer but in 2001 diversified into the hospitality business. Today the hospitality business is the largest segment in terms of the Total Capital Employed. But it was not profitable since 2013.

The hospitality segment’s poor performance was due to competitive pressures. The Group had refurbished and rebranded the hotels to address this. At the same time, it had also focused on efficiency to improve the margins.

There are signs that gross profit margins are improving but the jury is still out on whether revenue will improve. The hospitality business is a turnaround case. Because of its size, the creation of shareholders’ value will depend on a successful turnaround.

2023-09-21 06:24

https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=225564&name=EA_FR_ATTACHMENTS

2023-11-21 19:59

Good QR overall. Plenitu also did well in preceeding quarter. Assuming this is more of a norm moving forward, current price of1.24 is still too low. It should at least be worth 2.00.

2023-11-22 09:29

Hopefully the dividend payout would also increase in line with financial performance.

2023-11-22 09:35

alenac

This company does not pay divi.
snowball2000
Hopefully the dividend payout would also increase in line with financial performance.

3 weeks ago

2023-12-16 14:17

Lam LH

TP 2.0 - 2.5

2024-01-05 13:32

undervalued plenitu

2024-01-05 14:09

its hotel operations will become consistent cash generating unit for the company.. Add shares before it flies further for years to come !!

2024-01-05 21:21

it finally erected after multi-year of ED

2024-01-08 11:00

yes hotel counter :)

2024-01-09 13:42

One of the three LRTs radiate out from JB Sentral (RTS terminal) will proceed all the way to Impian Hills, has a station at Tebrau City. Both Tebrau City and Impian Hills are developed by Plenitude.

So what should be the impact on Plenitude share price?

2024-01-12 14:47

PLENITU suddenly spiked today, now at 1.52. What's cooking?

2024-01-12 14:55

Big BOSS supporting?

2024-01-12 15:21

mlab68

Tun Daim said Thank you! Sohai-sohai!
The Rocket going to blow into pieces, his Wivews already kena charged today!
Mau Lari, cepat lari!

2024-01-23 17:17

It seems the big boss is having a spate of bad luck lately. Better bail now before it is too late ..... :]

2024-01-29 11:46

is Plenitude owned by Daim?

2024-02-26 11:02

I am holding Plenitude share below rm 1.00
Will hold it at least until RTS is ready. If LRT really take place and has a station at Tebrau City, then will hold the share until that LRT become operational.

2024-03-16 23:36

MULTIEVER

Heng ah! Huat ah! Chiong ah! Sai Lang🔥🔥🔥

2024-04-09 11:14

nice😍

2024-04-09 15:17

pang72

Another property counter included into the johor booming property list..
Ksl, eco, UEMS, plenitude spsetia, simep....

2024-04-09 16:58

Plenitude is the most valuable hidden gem in Malaysian property counter due to extremely low land cost. Very good FCF. Very capable and credible BOD. Very solid major shareholders.

Ready to take off soon.

2024-04-24 22:52

To make 50% profit from this counter within 6 months is sup sup water.

Don't miss the forest for an old tree. Just look at the probability of making 50% profit from Plenitude vs 50% profit from a grossly overpriced stock (from 4 ringgit to 6 ringgit). Weigh the risk of losing big when you only see a table-size cookies drawn in the air.

2024-04-24 23:01

@ks55,,do plenitude has land in JB that is related and will benefit from the RTS?

i only knew that they had spent more money than the current market cap on all the hotels

2024-05-23 21:05

Plenitude 3 quarters made 16.4 sen, NTA 4.41

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3450250

2024-05-27 18:37

Years of diversification to hotels business finally produce profit that is almost 40% of total profit.
Will the price go back above RM2???

2024-05-27 19:50

remus17

price not moving much although good result

2024-05-28 15:59

Plenitude will continue to make good profit from property development as land cost is extremely low. Hotel operations are just addition toppings. More important considerations are the sustainable property development over many more years into the future and the strong cash flow.

2024-05-28 23:15

Lam LH

All the property stocks had skyrocketed. When is your turn?

2024-06-06 12:14

I am having a very good sleep.
Don't disturb me

2024-06-07 15:17

I am going to make big profit from Plenitude. My average cost is less than 1 ringgit.

2024-06-11 09:49

Hotel business's revenue increase almost to half generated in property development.. its strategic investment and divestment into the hospitality business in Malaysia, Japanese and Korea is paying.. Inbound Tourist into all these country been exploding in recent years.

2024-07-28 12:49

Hush77

Plenitude is undervalued...
Low PE 7x and NTA rm 4.4.

2024-08-09 09:39

Hush77

Its undervalued...and looking at their hotel assets...
Company shld do share buyback...

2 months ago

Latest QR no good due to write off 13.9 million impairment upon disposal of a subsidiary. No idea which subsidiary was sold as there was no Bursa announcement. Also make me puzzle why there was 20 million increase in administrative charges which no increment in revenue.
Any how net profit was 16.7 sen compared with 11.5 sen for previous year.
Believe Plenitude will still declare 4 sen dividend by 20 Sept.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3478937

https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=229766&name=EA_FR_ATTACHMENTS

The Group registered a revenue of RM134.3 million and net profit of RM0.5 million for the current
quarter ended 30 June 2024 as compared to revenue of RM131.2 million and net profit of RM19.9 million
in the corresponding quarter of the previous financial year. The lower profit recorded in the current
quarter was due to provision of an impairment loss on assets held for sale of RM13.9 million resulting
from the disposal of an indirect wholly owned subsidiary company.

2 months ago

Without impairment charges, Plenitude will make 20 sen profit per share.

Hopefully next quarter result will not show any impairment again.

2 months ago

diuleiloumei

Continue kaki Kong kaki song
AaHah hah hak

2 months ago

diuleiloumei

Bad qr

2 months ago

Hush77

The impairment is one off.. the NTA is now $4.40 vs price now just $1.38..
Cheap lvl to accumulate for longer term

2 months ago

ITreeinvestor

In this quarter, core profit still 1.4 millions after exclude one off.

Fair value changes in short term investments 13,261

Impairment Lost -13,912

2 months ago

Dehcomic01

Plenitude – a new hope

The performance of Plenitude over the past decade was nothing to shout about with an average ROE of 4%. But this was because not all its cylinders were firing. Plenitude had 2 main businsses – property development and hospitality.

The hospitality business used up about half of its capital. For most of the time over the past decade the hospitality business delivered losses. The profits for the group were contributed by property development.

But over the past 8 years, the group had been refurbishing and improving the operating efficiency of the hospitality business. Then in 2023, this business began to deliver profits. I would expect growing contribution from the hospitalilty business.

Can you imagine the potential returns when both property development and hospitality pull their own weight? I think the market price has yet to reflect Plenitude’s turnaround.

For more insights refer to page 20 on INVEST https://notice.shareinvestor.com/email/newsletter/invest/pdf/Vol223-Invest-06Sep.pdf

2 months ago

Plenitude is going to declare 4 sen dividend today.

1 month ago

Plenitude declares 3.5 sen dividend today.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3485430

1 month ago

When both property development and hospitality pull their weight
and contribute to the bottom line, I would expect significant
improvement to the return. The profitability picture as well as its
strong financial position suggest that Plenitude is not a value trap. --Dato Eu

1 month ago