UNITED PLANTATIONS BHD
KLSE (MYR): UTDPLT (2089)
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Last Price
30.96
Today's Change
+0.38 (1.24%)
Day's Change
30.62 - 31.30
Trading Volume
1,194,700
Details of Changes
Securities After Change
Transactions
| Ann. Date | Name | Details of Changes | Securities After Changes | |||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Date | Type | No. of Shares | Price | Direct (%) | Indirect (%) | Total (%) | ||||
Discussions
5 people like this. Showing 50 of 3,385 comments
tomorrow another +0.500 , and also the day after, and everyday. What do you think?
4 days ago
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.
4 days ago
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.
3 days ago
off course i will need to support mah ... the world most probably best beeer 🍻🍻🍻🍻🍻🍻 ... need to sell whereever i can hahahah ....
3 days ago
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.
3 days ago
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.
3 days ago
Be grateful people, this time divi RM0.60 + Big capital growth. This morning reached new milestone of RM30
3 days ago
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
3 days ago
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..
3 days ago
I hope there will be bonus issue 1:100 or "unusual surprise" dividend from UP next month😁
3 days ago
Not bad UP, today + 0.94 , all other counters are red in color, except you green! Big Green!
2 days ago
@Fabien, kindly share what is your investment thesis for UP?
what is your exit policy?
Tq
2 days ago
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
1 day ago
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.
1 day ago
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??
21 hours ago
U sell utdplnt i will buy from u..but do remember to.come bak here and visit us ok after it passes rm50
21 hours ago
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dam82
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
5 days ago