PBT = Profit before Tax, NP = Net Profit, NP to SH = Net Profit Attributable to Shareholder, Div = Dividend, NP Margin = Net Profit Margin, ROE = Return on Equity, NOSH = Number of Shares, RPS = Revenue per Share, EPS = Earning Per Share, DPS = Dividend Per Share, NAPS = Net Asset Per Share, EOQ = End of Quarter, ANN = Announcement, P/RPS = Price/Revenue per Share, P/EPS = Price/Earning per Share, P/NAPS = Price/Net Asset per Share, EY = Earning Yield, DY = Dividend Yield.
NOSH is estimated based on the NP to SH and EPS. Div is an estimated figure based on the DPS and NOSH. Net Worth is an estimated figure based on the NAPS and NOSH.
Div Payout %, NP Margin, ROE, DY, QoQ Δ & YoY Δ figures in Percentage; RPS, EPS & DPS's figures in Cent; and NAPS's figures in Dollar.
All figures in '000 unless specified.
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cefiro22yet big blocks put up as sellers at 5.40 being gobbled up as soon as keyed in this morning, mine too. Why so eager to buy blocks. Total done at tis time = 693,800 shares...there is an eager buyer to accumulate this stock.
22/03/2019 4:19 PM
James Nghttps://klse.i3investor.com/blogs/general/203918.jsp [转贴] [UNITED MALACCA BHD：CPO及PK价格偏低，不利潮湿天气导致FFB收益率低以及RM306万净汇兑亏损] - James的股票投资James Share Investing
25/04/2019 1:33 PM
dboulevardForeign investors probably being blackmailed to not invest in palm oil companies. Few years ago the west already blackmailed the foreign banks into not lending to palm oil companies. Such as HSBC had to ask existing borrowers to refinance. Many small shareholders went yo local banks instead.
18/06/2019 12:07 PM
Jonathan KeungChina trade war with U.S. is hurting economic growth. plantations hard hit by the slow down. come September inventories will hit 3.5 million tonnes. going to be tough year for pure upstream players
20/06/2019 8:54 AM
KensingtonIts 4th quarter result is just horrendous, aggravated by among others poor palm oil and palm kernel prices. A reduced final dividend of 6 sen is proposed by Co.
No future? ...so, sell to Prosper Palm Oil Mill S/B while the going is good. https://klse.i3investor.com/servlets/stk/annchsh/2593.jsp 28/06/2019 10:56 AM
28/06/2019 10:58 AM
PlantermenNumbers not looking good. Qtr to Qtr deteriorating.
PlantermenBook their profit on their 4 estates sale. Once off gain. Operating losses for 6 consecutive qtr ( IF NOT the estates disposal} half of the peninsular land sold. Not a good indicator { stripped of their land disposal gain)
02/10/2019 10:37 AM
cefiro22Why Prosper Palm Oil Mill S/B keeps buying,.. now has accumulated over 22,000,000 shares> http://www.bursamalaysia.com/market/listed-companies/company-announcements/6304857
In Year Ended Jun 2018 they held 10.000,000, being 4th largest...Topmost = Great Eastern with 28,105,701.
08/10/2019 9:39 PM
danielleesingBenjamin, who is the chief executive officer of United Malacca Bhd, said his company had already banned paraquat in all its plantations sprawling 108,000ha in Melaka and Indonesia.
19/11/2019 4:34 PM
PlantermenSulaiwesi venture planting cocoa, coconut, sevia, coffee requires very long gestatation period. Land usage allows only cash crop not oil palm planting
LouiseSUNITED MALACCA's earning performance has been overall unstable in last five years, whereby its earning per share overall fluctuated from -18.6 sen to 40.4 sen. In particular, in the current financial year, the group is hit by a -18.6 sen per share losses, due to low crude palm oil prices and new adoption of the Malaysian Financial Reporting Standards.
Up_downUmcca used to be seen as an 'efficient' planter through taking advantage of aggressive accounting policy for plantation (non amortization of planting costs). The real face was revealed after compulsory adoption of new MFRS. Umcca is not an alone case. WTK and Jtiasa were adopting such aggressive accounting policy too.
21/12/2019 8:28 PM
PlantermenLabour & fertilisers cost make up the bulk of a Plantation estate expenses. If you look at their current accounts both fertilisers costs & operating expenses are higher than other plantations {tier one} companies { TSH, IJM plant,HSplant } dont compared with IOI or Up. Income from Indonesia is equally disappointing incurring losses for the past 4 years
23/12/2019 3:26 PM
Up_downDepreciation of Property, Plant & Equipment shows RM 54.5 million for FY 30Apr19 whereas amount restated to 56.4 million for FY 30Apr18 for comparison purposes. If you read the AR 2018, the amount was , in fact, RM 28 million which was before adopting new MFRS. The additional charged of RM 28 million for depreciation of planting costs in complying new MFRS.
24/12/2019 3:59 PM
Up_downTSH used to adopted an aggressive policy of non depreciating planting costs too but INNO adopted deprecated planting costs policy even though under the control of TSH management.
24/12/2019 4:12 PM
LouiseSBased on comparison of 44 plantation counters listed in Bursa Malaysia, UNITED MALACCA is shown to be one of the TOP 8 plantation counters worthy to pay attention to and potentially invest in. UNITED MALACCA stands out in performance indicators such as having mostly steady earning per share (~ 10 sen per share and above), high market capitalization (RM 1,108 million) and relatively low P/E ratio of ~17.
PlantermenSold off their peninsular estates to book a one off gain in their last financial year. Paying 2 sen interim dividend. Funds utilised for thier Sulaiwesi joint venture project planting sevia, coconut or rubber. Land usage is restricted for forest land
EatCoconutCanWinNah..this CB stock loss money but still ok. Is nothing to worry eh la. Red then green.
23/06/2020 10:44 PM
PlantermenSold off securities held to cover the operating losses. Last year sold off their peninsular estates to cover bottom line. Worrying trend
24/06/2020 2:00 PM
kasimBut now as lockdown policies restrict travel in many parts of the region, and the Malaysian government looks to cut back hiring of migrant workers, palm growers are left with little choice. The industry is also reaching out to drug rehabilitation centers for potential workers
09/09/2020 10:04 AM
Sami_Valuesomething really went wrong, CPO rising but they are making peanuts
25/09/2020 7:10 PM
PlantermenCpo prices spike up from last year $2,100 per tonne to a high of 3,000 per tonne { up 40 - 45 % } even laggards like FGV, RH, TSH recorded much higher profit at the back of higher & better sales {CPO & PK prices} except for this counter. In addition, no segmentation on their Indonesian sales pricing VS their Peninsular and Sabah operations
25/09/2020 10:05 PM
Jonathan KeungSulawesi JV project put on hold due to environment issues. At this point unable to determine the time frame when the project can restart
29/09/2020 1:17 PM
PlantermenUS ban on FGV exports bad for Malaysia export. Other producers will be impacted too
k3nthiewFantastic result like others plantation stocks but UMCCA is so quiet... peace b4 the storm
25/02/2022 10:09 AM
calvintanengExcellent more than 100% increase in profit YoY for Umalacca
22/03/2022 10:23 PM
Max2838With CPO price at above RM5000, this continues to be a disappointing plantation company, dragged down by its Indonesian operations. Companies that do not have oil refineries in Indonsia will always lose out because CPO price in Indonesia is some RM1000 lower than that in Malaysia. In general, the crop yield of its plantations in Malaysia is so much lower compared to UP, KLK, IOI, HSP, etc. Weakness is in it harvesting operations, not agronomy....
23/03/2022 10:37 AM
Max2838Managing plantation is about people, not palms.
monorailUMCCA is the only plantation stock that has not gone up so much. Very good buy at current price.
25/04/2022 11:14 AM
hopetobecorrectumcca should not be too affected by indonesia ban. indonesia operation contribute around 10% of its profit. i believe the rise in cpo price will exceed the negative consequences . hold for better price and divivdend announcement coming next month which should be better than last year
28/04/2022 11:20 AM
Dehcomic01According to Professor Novy-Marx, the gross profitability (gross profit/total asset) is a return metric that has the same power as price to book value in prediction cross section returns of a stock. https://i.postimg.cc/6QJy1P2f/United-Malacca.png
When I compared Bursa Malaysia plantation company, United Malacca gross profitability with that of the sector median, you can see that it clearly underperformed. This underperformance is not so clear cut when you look at ROE.
Moral of the story? Return is one key measure of profitability and I normally look at several return metrics – ROE, ROA, Gross Profitability, NOPAT/Capital to get a better picture. https://www.youtube.com/watch?v=9KhboTCMdEg
29/01/2024 9:09 AM
Dehcomic01According to Professor Novy-Marx, the gross profitability (gross profit/total asset) is a return metric that has the same power as price to book value in prediction cross section returns of a stock. https://i.postimg.cc/6QJy1P2f/United-Malacca.png
When I compared Bursa Malaysia plantation company, United Malacca gross profitability with that of the sector median, you can see that it clearly underperformed. This underperformance is not so clear cut when you look at ROE.
Moral of the story? Return is one key measure of profitability and I normally look at several return metrics – ROE, ROA, Gross Profitability, NOPAT/Capital to get a better picture.
-0.03 (0.60%) 
