This study is created specifically for educational purposes only where I will use it on a special occasion later. I may not update analysis of this stock in the future.
Excel – http://1drv.ms/1kUyQmH
– Fair values:
– Absolute EY% – Buy below 16.95, sell above 22.09
– UTDPLT is currently fully valued.
– The CPO price moves in a cyclical manner. I expect earnings of UTDPLT will improve in the coming years.
– So far, among the plantation counters, UTDPLT is probably one of the outstanding companies in terms of crop production and business performance.
– I think UTDPLT valuation is not attractive at this moment. I will keep this stock in my Reserve List.
Latest Financial – Q1 2014 Financial Report (28 Apr 2014) http://www.bursamalaysia.com/market/listed-companies/company-announcements/1606629
At the time of writing, I did not own shares of UTDPLT.