Utd Plantation results out with more profit due to higher CPO and Kernel Oil Price. With most of its trees at Optimum production, and Production cost lower as Fert price is low. it is certain that Q3/24 Eps will increase to at least 5 cents.
It's Debts steadily going down and started
giving good Dividends. Target of 1.70 is achievable as PE less than 10, is lower than MkhOP of 20X !!!

For Qtr3/24, Palm Oil production is 41,700 tonne Oil. For ease of calculation, assume Rm 4,000/ton of CPO. Estd Revenue of Rm 160 mil. Assume Cost of Production is 2500/ton. So Net Profit, margin assume
40% of Revenue is Estd to be - 64mil not counting Kernel Oil and Timber revenue. If we add 3 mil for Kernel n Timber. total 67 mil, divide by no of shares, EPS approx 7 cents.!!! For 9 MTHS total eps is 7 + 5 + 7 already 19 cents.!!!. Eps for Q4, assume 5 cents as CPO price lower, so Eps/ yr is 24 cents. Assume conservative PE of 7X. so Fair Value is - Rm 1.68 !!!!

Very strong support for JTiasa- CT at 30 cents with 680 lot/ trade on Friday. Share manipulated by Chartist to show bearish engulfing pattern, but later jumped up following day!!! At Eps of 20 cents/yr and PE of 10, can be valued at 2 rgt. Decide at own risk.