@calvintaneng This is the answer I got from Mohammad Asraf: Good day and thank you for your intended acceptance.
To accept the Offer, please kindly wait for the Offer Document (together with the Form of Acceptance and Transfer ( Form of Acceptance) which will be despatched to you on 1 Dec 2023.
Once obtained, please fill in, complete and sign the Form of Acceptance, and also execute the Bursa Depository Transfer of Securities Request Form (FTF010 Form) which can be obtained from your remisier / stockbroking form. Your remisier / stockbroker will be able to guide you on this process too. Thereafter, please submit the completed Form of Acceptance & FTF010 Form to the Share Registrar office no later than the first closing date of 22 Dec 2023. We will further advise on the Share Registrar details once appointed.
Take note that payment will be made to you within 10 calendar days from date of valid acceptance received.
Hopefully, after more than Rm1 Billions cash received by Bplant Investors other shares like Jtiasa, Tsh resources and Thplant remain low in prices for us to buy cheap
I sold all remaining 6k of my BPlant @1.54 yesterday (queued for 2 days to get matched at 16:64), I can forgo the RM60 extra + RM20 transaction costs to get my money back earlier and reinvest the fund somewhere else.
India is the largest importer of Malaysia’s CPO and they really need our help as Shah Rukh Khan, Amitabh Bachchan, Aamir Khan, Salman Khan, Kajol, Priyanka Chopra, Deepika Padukone etc needs help urgently. Their Capati and Tossie does not taste the same without Mabel Oil.
Right now Malaysia can only be able to export about four million tonnes to the country. Sarawak, please work harder, we need to increase another 2 million tonnes.
Mabel Oil Production: MPOA 1-20 October 2023 Peninsular Malaysia: (+) 4.83% Sabah: (+) 4.26% Sarawak: (-) 0.54% East Malaysia: (+) 2.99% Total Malaysia: (+) 4.14%
BPlant – I am accepting the GO offer as it is at a fantastic price. I recently received the Offer Notification for my BPlant shares. I bought the shares years ago and started selling in middle of the year when the share price started to go up. At that juncture, I did not have any idea that it was going to be taken over by KLK. Anyway, by the time KLK announced the takeover at RM 1.55 per share, I already had sold off more than 90% of them. Yes, I left lots of money on the table. Then came the termination of the sale and the subsequent offer by LTAT to buy the shares at the same price of RM 1.55 per share. I am of course accepting the offer. It is not just because the offer price is above BPlant NTA or that the listing status would not be maintained. It is because it is a fantastic price given the earnings power of BPlant. If you look at the history of BPlant, a very significant part of the earnings was from land sale and not the plantation operations. • From 2013 to 2020, the Group achieved RM 1.1 billion of PAT. Over this period the gain from the disposal of land and securities amounted to RM 1.2 billion. The plantation operations incurred cumulative losses for the period. • Of the 2022 PBT of RM 729 million, RM 459 million came from asset sale.
Assuming a PE of 15, the company would have to generate an EPS of RM 0.10 per share yearly from the operations to justify the price. Do you think that the company would be able to do so give the poor track record over the past 10 years. They will have to work very hard or find another buyer. I think we shareholders are very lucky to have this offer. For my insights into BPlant refer to my blog or read this https://focusmalaysia.my/boustead-plantation-is-the-company-really-in-the-plantation-biz/
JAYA TIASA (4383) LATEST RESULT SHOWS A HUGE SURPRISE JUMP IN PROFIT: UP BY 100% KUDOS TO YOUR EXCELLENT HARD, WELL DONE! WELL DONE!! WORK , Calvin Tan
When LTAT offered 85.5 sen to take Boustead private we told all to buy Bplant as Funds receiving payments from Ltat's Boustead will migrate to Bplant
After telling all very few listened and Bplant even dropped from 70 sen to 64 sen low
Now Bplant is Rm1.54 to Rm1.55 and many have submitted acceptance form for payment
Now cash about Rm1 Billions will flow out from Bplant shareholders
Where will these monies go?
Chances are in the course of 🌴🌴🌴 oil palm investing they will migrate to other Undervalue Palm oil shares
And these are our picks
1. Jaya Tiasa Uptrending stock
2. Thplant Full of value. Tabung Haji owns 73.8% Another candidate to be taken private
3. Tsh Resources Full of potential now as its Rm1.46 Billions debt evaporated by cash inflow And will soon turn debt free A cash generating stock like Inno but it also got very substantial value in its prime land banks of 94,700 acres in Nusantara - the New Admin Capital of Indonesia with book value as low as Rm5k per acre
Yalor, why keep promoting with all the wonderful supporting points at the peak price? I believe u have clear all ur tickets since long before...... Time to stir some panic? I am very kesian on those who follow u and chase high. How many has burned their fingers after believing in u?
Very exciting development indeed. Irrespective of who is behind UBS, I think the ultimate objectives of the parties are : 1. to "force" LTAT to up the offer price and hence make easy profit. OR 2. to eventually come out with competing offer trying take control of Bplant. Minorities excluding offeror and parties acting in concert holds 716 mil shares (or 32%) You need only 1/10 of the 716 mil shares (or 71.6 mil shares) to block privatisation plan of LTAT.
Questions are : What will be LTAT's reaction? a. to increase offer price to a level satisfactory to dissenting investors to successfully privatise Bplant ? b. to maintain offer and accept some dissenting investors to remain as shareholders for a period of time ie no 100% privatisation ? c. in case a competing offer surfaces, BHB and/or LTAT to dispose a portion of their shares to the competing offeror which shall be higher than $1.55 , the price KLK agreed to pay ?
SMS RM0 Boustead Plants Offer Doc-Mandatory Take Over by LTAT mailed 1/12/23.Closing:22/12/23,5P.M. Any queries:03-78904700-Boardroom, Registrar for the Offer
EXCELLENT ALL ROUND GROWTH FROM LAST YEAR QUARTER.
3) ON 28th March 2017 Complete Logistic share price closed at Rm1.09. Today it is only 56.5 sen (Price crashed by 49%)
So We are Now Buying It at even cheaper by 49% with increasingly bright prospect of Jack Ma Officially Launched the First Digital Free Trade Zone in Malaysia (Outside China)
See
OUR CHUN CHUN BUY CALL WAS ONLY A BOMBED OUT 56.5 SEN FOR COMPLETE LOGISTIC
(NOTE: NOW THESE ARE FULL OF POTENTIAL AS THEY ARE BOMBED OUT: TSH RESOURCES BELOW RM1.00 JUST SAPU), THPLANT (BELOW 50 SEN JUST SAPU), HS PLANT (Below Rm2.00 add more)
And Now Complete Logistic is How Much?
See
HEXTECH 5136 S HEXTAR TECHNOLOGIES SOLUTIONS BERHAD KLSE Summary Main Market : Transportation & Logistics Services 22.500
Name of Complete Logistic changed to HexTech and now Price is Rm22.50
So from 56.5 sen to Rm22.50 is UP A MIND BLOWING 3,980%
UP three thousand nine hundred and eighty two per cent
THESE FIGURES ARE REAL ALL HONEST PEOPLE CAN CHECK THEM OUT
Yaya, 57cents ya while someone keep telling ppl that this will goes up further and he diam diam still asking ppl to buy over his tickets at rm1.50. once time mature, repeat at another counter.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Alibone
12 posts
Posted by Alibone > 2023-11-18 12:16 | Report Abuse
official acceptance form is not out yet