Sell this counter. Lousy AGM with no corporate presentation slide. Sell now.

Please sell it to me. I am willing to collect.

Buy now. Tp RM0.80

Collection time guy.

bull_signal rocket no fuel anymore? < haven't finish selling ur shareholding?

My guess is the company will issue the result after AGM on 22 June 2020.

Anyone watch the AGM?

Sit back and relax.

Cause the counter is undergoing restructuring and management is cleaning up the mess.

@Chung : I might have different thought. Quarter report didn't out maybe an indication that the result is bad. However, director might prefer to delay the issuance to avoid so many question during AGM. Nevertheless, i can look at ICON too.

When i see the latest annual report, Perdana had secured contract for many of their vessel from Q3 2019 to 2021. Their balance sheet should be getting cleaner in Q1 from the debt restructuring.

Another thing is the utilisation rate of their vessel. Last year Q1 utilisation rate is below 40% and Q3 and Q4 utilisation above 70%. The increase in utilisation rate is mainly due to contract secured from Q3 and Q4 last year and they do secured contract in Jan'2020. If the company able to increase sales and control their cost, i think the result will be favourable.

My 1 cent view.

Chung : thanks for information.

Buy now. Enjoy the fruits later. Why preference shareholder want to convert at a premium price when he/she can buy it at open market. Good indicator to buy more.

Yea, Anyone going to attend the AGM through virtual?

As put as in summary :
Q1 2020: Average CPO price 2.7k, still PBT
Q1 2019 Average CPO price 2k : LBT
Q4 2019 : Average CPO price 2.4k, LBT

Means bplant need to above 2.5k, to break even. The revenue in Bplant is simple: price (CPO price where you can monitor at MPOB) times quantity (depends on performance of the plant). If you see CPO price today, do you think Bplant can make money in quarter 2?

Maybe yes if they can increase the quantity. But presumably that plantation sector will have higher FFB in q3 and q4.

Buy at your own risk.

Good luck guys.

SuperPanda: congratz. I just have different view based on fundamental. But if those people who don't know how to run when shark sell. Then, they will get caught

Taken profit. Good luck guys.

CPO n PK price still good < you can refer to past quarter. Can bplant earn profit when CPO price is below RM2,300 (quarter 1 average based on MPOB website)
Dividend paid awesome : If lose money how to pay dividend. Last year dividend is one of gain on the disposal of land.
Price at historic low : It is not the lowest.

THE COMPANY WISHES TO HIGHLIGHT THAT THE PRESS NOTICE ISSUED BY LTAT DOES NOT AMOUNT TO A FIRM INTENTION BY LTAT TO UNDERTAKE THE PROPOSAL. ACCORDINGLY, THERE CAN BE NO CERTAINTY THAT LTAT WILL PROCEED WITH THE PROPOSAL.



If LTAT decides to proceed with the Proposal, LTAT expects to propose an offer price of RM0.80 per ordinary share in BHB (“BHB Share”). This offer price is indicative only and non-binding. The final offer price in relation to the Proposal (if undertaken) is subject to finalisation by LTAT.



LTAT will make subsequent announcement(s) on any material development in relation to the Proposal in accordance with the Rules on Take-overs, Mergers and Compulsory Acquisitions.



SHAREHOLDERS ARE ADVISED TO EXERCISE CAUTION AND SEEK APPROPRIATE ADVICE WHEN DEALING IN BHB SHARES SINCE THERE IS NO CERTAINTY THAT LTAT WILL PROCEED WITH THE PROPOSAL.



At this juncture, the Company has not received any offer relating to the Proposal from LTAT or any other parties.



This announcement is dated 29 May 2020.

Now fully virtual meeting. Most probably no door gift.

Good luck.

Don't forget this company is doing upstream business which is heavily relying on the CPO and PK price. Q1 might be good but quarter 2 CPO price is below 2.5k.

Well, plantation sector is bullish. But don't forget that Bplant have a land in Sabah which is not performing well which led in impairment in previous quarter. If they can't improve the productivity in the land, i think the carrying amount will be lesser than fair value of the land which will led to another round of impairment under FRS 136.

Superpanda : Don't bet on this stock. Might have impairment again this year.

SuperPanda perdana will be loss making coming report, get ready for panic sell
27/05/2020 1:56 AM <<< any basis ? Is it based on your own guess?

last year q1 utilisation only 30%. I believe this year q1 won't be that bad.

Millionairegig : Where is perdana quarter result? No announcement yet.

If everyone also bullish, how to goreng up the stock.

Then, you are wrong. Plantation player is allowed to work during MCO.

EatCoconutCanWin calsberg produce hand sanitizer export to UK and Africa.<< proof?

Okay. Let's see if got announcement today.

Sure mou?

How do you know they are going to release the quarter result today?

MACD still haven't break and RSI still ok. Collect now.

What door gift this company will give ya?

Not so soon guys. Gov got apply extension of time on submission of annual report and quarter result.

Seem like you got quite a lot of tickets. Keep hold

@ray1980 : i think you need to be more exact. Mr Chin (Independent director) is the director disposed all his share which is announced yesterday. your information is still misleading.

tmr TP 40sen.

hope someone buy over. < don't think so. boustead will release this cash cow?

Well. I think the company still got hope. They can distribute dividend for few years despite the cpo price is low. The bad decision is the land they bought recently. If their company is bad, they can't be having a company with one of the highest OER in one of their estate.

You can have the land but you also need good management to grow the land. Unless you sell all your lands which is not part of their business activity.

Dayang up, why this share drop.

Bye. Profit done.

investortrader88 https://www.theedgemarkets.com/article/alam-maritim-secures-rm65m-unde...
04/05/2020 6:36 PM < ur link description is wrong. It is just RM6.5million instead of RM65m

mamatede counter suspended?<< yes, pending announcement on annual report. But only suspended for 1 hour.

No update. Didn't see any news.

lai lai lai.

ya. buy now, later next round of pushing.

shit lo, EPF keep dispose their shareholding in STAR.