The company maybe facing bigger issues than some investors selling down the share price! Fair value 0.67 sen.

KWSP now owns more than 9% of the issued shares. 😁

Affin undergone detox. Bank of East Asia has 24% share holdings. Guoco Group is a substantial Shareholder. How will it play out for the Sarawak Government should it decide to acquire controlling stake in Affin?

You mean LTAT likely to sell it's Affin shares at 0.49x PB? 😁

At 2.30+ is relatively cheap to sell a detoxed Affin trading at 0.5x BV.

And buy PWROOT lor.

@ 4.26 is 1.55x book value.

exactly.
we can find many of these people with unlimited time to spare hanging around the warongs with their chatters on women and sex.

I am going to wear a sarong the next time I visit a government department. While I know how to tie a sarong, I shall make it fashionable and wear it like the Burmese or Rohinyas.

One hit wonder. Keep spewing forecasts weaving facts with fantasies. Surely one or two of them will hit target. Nothing to gloat. 😁

Ya-lah. Use own self money to buy-lah. Semua masuk akaun kongsi. Mana boleh.

App alert set at 0.67 sen. Nevermind if the price doesn't touch 0.67. There are plenty of other counters to consider in Bursa. Bursa will always be there even without SKP.

Kenanga asked to sell before it drops to 0.63

Global. Ethical. Good management. Organic growth. Leverage on borrowings to expand. Unfortunately the global market conditions are not favorable.

Not too concern with past earnings. It's the future. Can the earnings be sustained.

KLSE Screener alert set for 0.67 Sen.

Aiyoh.
Sudah makan gua 0.77 sen.

Ok.
Instructions to Remisier
Sell 0.77

Ok.
Can sell 0.79 and buy back 0.67?

Who cares whether it is 30 Sen or 60 sen. Keep giving 8½ sen dividend will be great.

Buttered Butts.

unhealthy to spew diatribes in a public forum which does not bring benefits. preposterous to insinuate. inane to assume. mundane people live in chambers believing in their own echos.


Essentially some parties to the deal SCREWED UP super big time. The statement is purely crafted to MITIGATE the damages and far-reaching consequences to the already battered financial market. The damaged is already done and cannot be undone. Ended up being a buyer is an exercise to salvage any pride and dignity left on the sour deal.

Bursino asked 2 days ago in this Discussion:

Can any people with legal knowledge enlighten shareholders if they may collectively take this matter to court?

Please do not underestimate the power of the social media in the hands of those who are clever at manipulating falsehoods and adept at disinformation. Dezinformatsiya! Virality triumphs veracity !

Anger? Who is angry?

Just say there's plenty of drama. Some grossly exaggerated. Some could have used better choice of words. I can understand the emotions and empathize with them. It's money! There will be winners and losers. However I strongly believe it has nothing to do with the price limit up or limit down. Personally I think BPlant, LTAT and Boustead Holdings or maybe Bursa could have handled the whole affair with a higher level of professionalism. The pressers wrote "deal shrouded with controversies' which I believe there maybe some truth in it. I don't need to chronicle the events. To the suspicious minded people or conspiracy theorists (not me though),they may even come out with theories to suggest some parties may be complicit in engineering the price movements. Let this be a lesson.

Any history on KLK as a predatory business entity?

what do you mean? majority of them are and were the biggest losers. trained to obey commands and given crumbs, they were made slaves to the political Tuans.

KLK dodges RM2.9bil bullet with collapse of BPlant deal. Do you people still think it was strictly a business deal?

Did my memory failed me? I remember him being a Director in Boustead Holdings - of course political nominations.

@speakup. Even MCA members are radicalised and dumped him. Go to his hometown in Sempalit Raub. Nobody gives him 2 hoots. RD.

Someone panicked? It appears to me the POSSIBLE buy back announcement at 1.55 per share may be a stop gap possible dodge to prevent a possible price free fall which will truly damaging the already badly damaged credibility.

Possible. They know the true value of BPlant.

Yes. Yes. Yes. Turn on the volume. Viral the news to as many platforms as possible. Make people account for the actions.

Weaponize the social media to make people accountable for their actions. Keep up the decibels.

A glimmer of hope for some. Perhaps an exercise to mitigate a fallout and salvage any credibility that remains. Nice story. I may have to rewire myself to trusting the people with "cut off tongues" (to borrow engineering profit's words) All the best folks.

Investors are watching. Self inflicted. The future is dim.

I believe BPlant will remain listed as it is now. No sale. No privatisation. It has a long history, too historical to has it deleted. LTAT and Boustead Holdings already relieved on raising funds for debts due and no longer need to sell BPlant. Gomen extending funds to help may not necessary translate to bailing out Boustead Holdings.

Keep an open mind. Hold onto the shares like nothing has happened. God willing, more land will be monetize and dividends will continue the same like before. 😁

All is not lost. A relook at the deal will tell us the value of BPlant share is no lesser then RM1.55 per share, higher than its declared NTA of 1.28.

Invite people come and people come with gift only to be told to go away.

How sure are you they may not do a Boustead Holdings 2.0? Sell down the share price. Take it private. Strip and monetize. After all they are given a breather. The Gomen will give them another 2 billion to settle due debts.

What a coincidence! PM announced 300m for LTAT. Deal cancelled and LTAT to give back 230m deposit money within 2 weeks time. 😁

Can any people with legal knowledge enlighten shareholders if they may collectively take this matter to court.

Moral of the story. The inherent risks investing in GLCs. 🤑

Maggi Millionaires?

https://www.freemalaysiatoday.com/category/highlight/2023/10/03/klk-acquires-36-stake-in-bplant-from-open-market/

LTAT and Boustead collectively owned 67% of BPlant shares. Reported KLK already acquired 36% of BPlant shares. From where did the additional 3 % came? Let alone the unaccounted shareholding spread among the public.

Haha. What is happening in BPlant isn't inspiring.

The FMT news said it all. These ultra hypocrites shoot without understanding the issue. Now play innocent. Now asking for actions to be taken against those irresponsible people responsible for the mismanagement of the company.

"It's a necessary bailout, we understand that"

Nah.

Good for KLK. Now taxpayer will foot the bill. The faster we fail the better is for all of us.

The ex Education Minister.