When was the stock listed?
Bursa website only shows data dating up to 2000 only.... 
Ok... found it.... 8th Oct 1969.... I dun have those data...

let me search for you yea. hang on. i think maybe bloomberg should have.

But it's always easy to speak on hindsight, knowing very well what happened next (since we got the help of the chart)...

This was the QR report on Feb 2001

https://www.bursamalaysia.com/market_inform...s?ann_id=554841

with that 4th quarter report, we see revenue from UP crash from 436 million ( fy 1999) to just 279 million (fy 2000) (and yea... it's a little bit more accurate to see from annual report) (united plant own website only does a 5 year thingy)

Net profit dropped from 115 million to 40 million...

so that was a CRASH there to lows of 2.88. (which explains the stock falling from 6+ in 1997 to 2.88 in 2001)

And today... for comparison, the last quarter alone, UP net profit is around 150+ million.... with total net profit estimated above 550 million.

yeah... from a net profit of 40 million in 2001... to a net profit estimated around 550 million in 2021..... that should explain the monstrous rise in stock price since 2001....

but plantations... obviously... the size of the plantation land is so crucial.... the bigger the planted land, the crop returns should grow ...

and then one needs to factor in the fertility of the planted land.

this fertility issue sounds so trivial but issues like this does crop out in our cpo stocks.

there's way too much factors involved.... which is way too complex for me... study land, study fertility, study weather, study other crops.... and then... it's palm oil.... which means we got the lobby factor (ie countries lobbying against our palm oil) .... and then... workers issue.... and then of course, not all management is the same....which means I surrender.

 

forgot.... age of the trees also important.

Too young no fruit
Too old .... err .... no need say...

this is why the bangla in me dowan to see to much.............     

... and yeah... the movement of UTD? it's parabolic and it runs the risk of consolidation...

Tech stocks all doin swan dives. 

and the consolidation for some palm oil stocks...

Getting excited?
..... it could be one hell of an opportunity or a hell of tns bear trap! 

Yup... plenty of fire sales but I am not doing anything... just look see 

hehehe.... I thought you be interested.

Plantation stocks still beyond me...   

Hahaha!!! Don't worry, it should be able to 'hold' up la....
* nothing against Utd but I am just fuzzy when I trade *

No darlings in the stock market.

Don't la come audit me....

Traded Supermax.. then UWC.. then Pie... last year.. only one.. Ataims

This year.. no need trade also can la

there's one article trying to hard sell...

https://www.theedgemarkets.com/article/tech...ow-say-analysts

posted b4...

p/s if playing for the bounce... clearly the ship has sailed la

... and yeah.... this one...

and the chart tells it all.....