Posted by ooihk899 > 2023-05-09 19:00 | Report Abuse

Shines, it's distribution by shark, you look at AmInvest TA report you will
understand. Also, most ppl are waiting for US inflation report tomorrow
before decide to goreng or not.
Then again US debt ceiling D day also affect market sentiment.

Posted by Shines > 2023-05-19 14:12 | Report Abuse

Uchi looks strongly supported. Hopefully 1st qr results is ok

Posted by jeffrey1166 > 2023-05-20 11:48 | Report Abuse

qr is good keep buying

Posted by ooihk899 > 2023-05-23 18:06 | Report Abuse

Wakakakaka, Jeff, the QR very sui, cantik.... Another bumper divy for FY2023

Posted by Shines > 2023-05-23 18:14 | Report Abuse

Wonderful results

Posted by newbie8080 > 2023-05-23 22:42 | Report Abuse

Net profit of rm37.8 which include a gain on disposal asset of rm11.3m.
With the gain on disposal, net profit is rm26.4m, slightly lower than Q1 2022.
Still respectable net earnings despite a slow economy growth in Europe.

Posted by ooihk899 > 2023-05-23 23:49 | Report Abuse

For me, this is a good QR since they have to pay tax of 8M+

Posted by sasword > 2023-05-25 12:44 | Report Abuse

This counter even more stable than bank

Posted by ooihk899 > 2023-05-25 13:26 | Report Abuse

Ya lo, if drop a lot can buy with dividend received tomorrow.

Posted by jeffrey1166 > 2023-05-25 20:17 | Report Abuse

ya i keep buying as well

Posted by Shines > 2023-05-30 12:40 | Report Abuse

Me 2

Posted by ooihk899 > 2023-05-30 13:37 | Report Abuse

Why buy now? Price block at 3.35 n 3.36

Posted by Shines > 2023-05-31 20:00 | Report Abuse

You never know one, once it wanted to move it wont tell you "hey I am going to move"

Posted by ooihk899 > 2023-05-31 20:14 | Report Abuse

Maybe you're right, Asia all red, KLCI red but it's price did not drop.

Posted by Value Investor Coo1eo > 2023-06-25 21:02 |

Post removed.Why?

Posted by wallstreetrookieNEW > 2 months ago | Report Abuse

You know the market is bad when people put money into this counter.

Posted by wallstreetrookieNEW > 2 months ago | Report Abuse

This is defensive stock. This market feels like 2019

Posted by troy88 > 2 months ago | Report Abuse

Very steady counter. Regret selling it too soon..

Posted by Tibbers > 2 months ago | Report Abuse

RM4.50

Posted by Shines > 2 months ago | Report Abuse

Troy, no need to regret, can always buy back for its future growth.

Posted by newbie8080 > 1 month ago | Report Abuse

Yup, agreed with @Shines, can always buy back.

Posted by Shines > 1 month ago | Report Abuse

Yesterday very nice closing at day high, can continue today?

Posted by Value Investor Coo1eo > 1 month ago |

Post removed.Why?

Posted by Value Investor Coo1eo > 1 month ago |

Post removed.Why?

Posted by troy88 > 1 month ago | Report Abuse

Solid. Good thing bought some back during retracement couple weeks ago..

Posted by ooihk899 > 1 month ago | Report Abuse

Maybe 2QR will not be as bad as we thought due to weak Ringgit.

Posted by Shines > 1 month ago | Report Abuse

Hohoho down buy up sell

Posted by Shines > 1 month ago | Report Abuse

Uchitec got any 惊喜?

Posted by Sardin > 1 month ago | Report Abuse

咖灰机，哈哈

Posted by Value Investor Coo1eo > 1 month ago | Report Abuse

Income tax holiday is over.,.eats the EPS…

Posted by ooihk899 > 1 month ago | Report Abuse

Aiyoyo, cooku and Sardin fish very happy on the result wor!!!
I also very happy lo, hope next week drop kaw kaw lo.
Still waiting at the right price to add lo. 😁😋

Posted by Shines > 1 month ago | Report Abuse

Div. within my expectations. Go go Uchitec.

Posted by Dehcomic01 > 1 month ago | Report Abuse

From a fundamental perspective the ROE of the company has been up-trending for many years. The issue is not whether this is a fundamentally sound company. It is. The more important question is whether the stock price is trading higher than its intrinsic value. If it is then it is not an investment opportunity. Of course it boils down to valuation but this is a another story.

Posted by Value Investor Coo1eo > 1 month ago | Report Abuse

The REWARD
- Strong Balance sheet; cash rich
- Very High Margins; albeit little less now because cannot escape tax any longer
- Dividend aristocrat FY23E RM0.25 at least

The RISK
- Mgmt very stubborn and old fashioned, does not want to put better use of profits (and cash) to grow operations but prefer to pay themselves (and minority share holders) great dividends
- This could be dangerous longer term as today almost 80% of revenue is from 1 customer (Jura); albeit Uchi is sole source
- If there is a problem to Jura's business, Uchi's revenue will be wiped out

Prospect
EPS and Revenue has normalize; many other coffee players are eating into Jura's market share (just look at their website). Recent spike in profits (past few quarters) is mainly due to weakening RM against USD.

Value
At RM3.60 is definitely fully valued. While no one can predict Mr Market, the "fair" value to me is around RM2.80 (with MOS)....personally I will start to accumulate when below RM3.1 if nothing else changes.

Sometimes I wonder why they continue to be listed when do not want to attract any investors nor need any money as they do not want to grow. Better to just go private.

Posted by ooihk899 > 1 month ago | Report Abuse

If fair value is 2.8 with MOS, why want to start collecting when bellow 3.1.
Shouldn't you just collecting when price is below 2.8???🤣

Posted by pinnaclegrade > 1 month ago | Report Abuse

waiting for a pullback, but never came 😅

Posted by Value Investor Coo1eo > 1 month ago | Report Abuse

My analysis for 2.8 uses an arbitrary discount factor and a mos which is ultra conservative. But based on what I see I think can start buying below 3.1
Buy slowly..

Posted by Shines > 4 weeks ago | Report Abuse

Tax incentives are ongoing, if Uchi can develope more new models with new tech, tax incentives will be applicable again. Am I right?

Posted by seekingsuan > 3 weeks ago | Report Abuse

👍👍👍🙏🙏

Posted by Value Investor Coo1eo > 3 weeks ago | Report Abuse

This Madanon govt needs money..so will be very careful and selective in only awarding tax breaks to genuine advancements in technology. Uchi ultra stingy and stubborn management has not and are not going to spend enough in R&D that will get them there. They seem very comfortable and are busy trying to fulfil orders.

Posted by Shines > 3 weeks ago | Report Abuse

R&D is there, if orders are high for a particular new product, the engineers have to supervise and monitor the progress and ensure the product are manufactured according to the specifications so as to fulfil orders on time. So R&D job will be slower and swing when orders are lower.

Posted by Value Investor Coo1eo > 3 weeks ago | Report Abuse

Uchi has no vision. Should Jura slow down or go under, they tapau

Posted by Shines > 3 weeks ago | Report Abuse

Yes this is the risks of low customer base, just think positively, afterall all this years Uci is doing fine.

Posted by Value Investor Coo1eo > 3 weeks ago | Report Abuse

Investing means managing you risk. Of course I have a small position here and will continue to reap the dividends…but this is not a place to “all in” and sleep in peace.

Posted by maxwin69 > 2 weeks ago | Report Abuse

Uchi is very stable company with good track record. We have to be patient with the management. They will become competitive. This is a good-dividend stock, not for speculation though.

Posted by Justmeme > 2 weeks ago | Report Abuse

Usually Uchitech declare dividend in April and Dec. Why this time they declare in August after they just decale it in April ?

Posted by Value Investor Coo1eo > 1 week ago | Report Abuse

because they didnt manage the cash wisely. ended up with too much cash which violates Bursa regulation that they company cannot have X% of it's NTA in cash.....that is why I also very baffled with Uchi.....companies must reinvest their profits to grow and scale. But this buggers are so conservative.

Posted by Shines > 1 week ago | Report Abuse

Uchi have managed very well in their business, to me I have confident in them, the management might not want to put in too much risks for the shareholders, I supported it. Just let time to proof its course of action.

Posted by Shines > 1 week ago | Report Abuse

Atleast Uchi gave back as div to shareholders, let shareholders invest on their own. If management were to reinvest and any wrong moves, shareholders will be pointing their fingers and blaming them only.

Posted by Value Investor Coo1eo > 1 week ago | Report Abuse

Yes, true. This is a pure dividend play. Just that for newbies it could be a value trap