i invested in boustead until last friday. rm600m n 6 months. not impossible for government to help them right? and if ltat push boustead price back to rm2 in the next few months, all of us should be happy. there could b a silver bullet to deliver all these. pm ding ding and mof zafrul could hav some solution already

don't count your beans first. what if ltat found any other way to pay dividend at 6%? they just need rm600m.

on balance, if they has the way, why the need to think privatization to begin with?

to privatise is the fastest way ltat make back money. assume boustead is worth rm1.5 by cashflow, to privatise at rm0.80, every rm0.01 value is rm20 million for ltat gain. ltat just need to extract the rm600 million that the privatisation cost and pay off the loan, and another rm2b from selling pharmaniaga and boustead plantation. these money can be reinvest in bond.

680. before edge's article. no privatisation but ltat cannot afford for the price to stay low forever. they need to sell asset and pay dividend to push price back 100%.

what if, only what if, the announcement is NO GO?

i wish you guys get the GO too, then you can celebrate. i am totally out.

hi i am back. have you considered that is a trap?

unbelievable8, u started a new account to tell me i will regret?

i believe that the offer even if got, will not be FAIRnREASONABLE

is a trap. Wednesday is no material development, Friday is suspension. is a trap. is a trap. no development, then insiders sell to u. suspension and tell u bye bye. is a trap.

Kindly be advsed that at the request of BSTEAD, trading in the Company's shares will be suspended with effect from 9.00 a.m., Tuesday, 2 February 2021 pending a material announcement.

DEAL OFF. RUN!

ouch. cannot run. lucky i sell 0.72. bye bye everybody.

bye to 720

at least u make money i lose money

Steady Punpipi-Lucky took profit at 0.68

I think thought u sold at 680 not 780

take my 300k shares at 720 as a gift. lose 9k from the 3 sen

ok unloading. see u next week

what happened? hold or sell? where is our robinhood? or hang tuah?

big seller at 745

if it go to RM3.25 i will sell it to you 400k shares and earn 1000000

https://focusmalaysia.my/opinion/why-ltats-deal-to-take-boustead-private-cannot-fail/

no trading today for boustead? suspended for announcement?

only leave this, a Caesar salad is a green salad of romaine lettuce and croutons dressed with lemon juice, olive oil, egg, Worcestershire sauce, anchovies, garlic, Dijon mustard, Parmesan cheese, and black pepper. In its original form, this salad was prepared and served tableside.

Date of change 22 Jul 2020
Name MR LOONG CAESAR
Age 60
Gender Male
Nationality Malaysia
Designation Director
Directorate Independent and Non Executive
Type of change Retirement

Awang87 mana keputusan

kwap has i-sinar?

bayar RM3 sure Tan Sri Lodin tak kacau

800 700 600 is a trap. I suggest 2700

waktu apa Datuk Seri Amrin akan bagi tau Awang87? 400k shares tak boleh tidur nanti.

terima kasih awang87. keranamu aku beli 200k shares tadi 760. harap semua boleh kaya raya sebelum rayan

Datuk Seri Amrin berani tak bagi dividend ? Dia boleh buat keputusan sesuka hati?

harga berapa best?

trap I beli u jual?

nanti. is this a trap?

yay 760 match. average 750 now 400k shares

betul? i beli 200k shares lagi

buyer at 780 know what we dont?

is a trap. is a trap. sell to me.

25 or 26 of every month is the monthly update announcement? if no announcement means something is cooking?

780 790 800 810 820. is a trap.

740

is a trap. is a trap. what should i do with my 200k at 640 buy yesterday?

600 600 600 900 1000 1100 1200 1300 1400 1500 600 600 600

profit. 900 900 900

gap down. is a trap. sell to me tomorrow.

sell now. sell to me. is a trap

if not true, we will buy high sell low and be mickey mouse. is a trap

Over the last 12 months, shares of Boustead have declined by 29%. The stock closed at 66.5 sen last Friday, giving the company a market capitalisation of RM1.348 billion. The counter is currently trading at a price-to-book value of 0.38 times, against net assets per share of RM1.74 as at Sept 30 last year.

LTAT first confirmed on May 28 last year that it was considering taking Boustead private at an indicative price of 80 sen per share, although it also stated that there was no certainty that it would proceed with the proposal. Based on the indicative price, the proposed privatisation exercise would cost the armed forces fund about RM660 million.

In July 2020, the SC gave LTAT until Oct 27 that year to announce its firm intention on the proposed privatisation. The SC then granted an extension of four months, up to Feb 2 this year, for it to do so.

BousteadInvestor hope this is true

Newsbreak: Sources: LTAT to take Boustead private via SCR and up takeover price

AFTER two deadline extensions, Lembaga Tabung Angkatan Tentera (LTAT) has decided to take its listed flagship group Boustead Holdings Bhd private, say sources. The armed forces fund has until Feb 2 to make up its mind on the proposed privatisation.

Sources with knowledge of the matter tell The Edge that instead of LTAT making a general offer, the privatisation of its 59.43%-owned subsidiary Boustead can be done via a selective capital reduction and repayment (SCR) exercise. The armed forces fund is also likely to raise its indicative price of 80 sen per share that was proposed in May last year.

“The offer price could potentially be more than 90 sen per share, or maybe even RM1 per share, taking into account the fact that the value of Boustead’s stakes in three public-listed companies — Boustead Plantations Bhd (57.42%), Pharmaniaga Bhd (55.93%) and Affin Bank Bhd (20.73%) — have increased over the past few months,” says a source.

Since May 28 last year, shares of Boustead Plantations had risen 75% to close at 58.5 sen last Friday, while the share price of Pharmaniaga has more than doubled to settle at RM5.25. Affin Bank shares had gained 11% during that period to close at RM1.71 last Friday.

Boustead also holds 65% equity interest in Boustead Heavy Industries Corp Bhd, but BHIC’s share price had come off 21% since May last year to settle at 57 sen last Friday.

besar kecil 50 50...

ok. i buy 200k shares at 740. if 800 i can earn RM12000

thecontrarian buy little or many?