SOP lower share price is simply because of the ‘kedekut’ management paying crumbs (dividend) despite good earnings.

Still very cheap based on prospective EPS of 16 sen for FY2021.

Maybe the seller is also the buyer ?

CPO Sept surged above $4,700. Good future prices into 2022!

CPO Sept surged above $4,700. Good future prices into 2022!

CPO Sept surged above $4,700. Good future prices into 2022!

CPO Sept surged above $4,700. Good future prices into 2022!

CPO Sept surged above $4,700. Good future prices into 2022!

CPO Sept surged above $4,700. Good future prices into 2022!

CPO Sept surged above $4,700. Good future prices into 2022!

@Goh123, there is just too few people willing to sell at prices seen in recent weeks .

It's quite obvious someone is 'managing ' the buy and sell orders to collect this stock . If you want to collect sizable stake you just got to pay much higher price lah.

Ya. Bplant will pay maximum dividend to support or ease the financial woes of the holding company !

I never trust the IB. Many of them are either don't know their job or with ulterior motive or with vested interest.

Maybank recommend sell and give TP 44 sen!
I am most happy to buy at this price if there is seller.

Privatisation on the card

MAA makes about $23 mil paper gain from Knm. I think MAA takes a short-term view on this investment to improve return for the idling cash .

Malaysia has put a cap on land for oil palm to 6 mil ha (5,87 mil ha used as at 2020). Indonesia has implemented a 3 years moratorium on new planting. There is great pressure on the Indonesian government to extend the moratorium indefinitely due to environmental reason .
Consequently, AVERAGE CPO price will stay much high in the future amid stagnant /lower supply and in face of global warming threatening production (of other oil crops too). Oil palm plantantion will fetch a lot more due to scarcity of land.
Existing plantantion companies which generates huge amount of free cashflow can only expand thru brownfield acquisition.
M&A activity and privatisation will heat up in this sector .

Malaysia has put a cap on land for oil palm to 6 mil ha (5,87 mil ha used as at 2020). Indonesia has implemented a 3 years moratorium on new planting. There is great pressure on the Indonesian government to extend the moratorium indefinitely due to environmental reason .
Consequently, AVERAGE CPO price will stay much high in the future amid stagnant /lower supply and in face of global warming threatening production (of other oil crops too). Oil palm plantantion will fetch a lot more due to scarcity of land.
Existing plantantion companies which generates huge amount of free cashflow can only expand thru brownfield acquisition.
M&A activity and privatisation will heat up in this sector .

Malaysia has put a cap on land for oil palm to 6 mil ha (5,87 mil ha used as at 2020). Indonesia has implemented a 3 years moratorium on new planting. There is great pressure on the Indonesian government to extend the moratorium indefinitely due to environmental reason .
Consequently, AVERAGE CPO price will stay much high in the future amid stagnant /lower supply and in face of global warming threatening production (of other oil crops too). Oil palm plantantion will fetch a lot more due to scarcity of land.
Existing plantantion companies which generates huge amount of free cashflow can only expand thru brownfield acquisition.
M&A activity and privatisation will heat up in this sector .

Fully agree with stockraider.
Malaysia has put a cap on land for oil palm to 6 mil ha (5,87 mil ha used as at 2020). Indonesia has implemented a 3 years moratorium on new planting. There is great pressure on the Indonesian government to extend the moratorium indefinitely due to environmental reason .
Consequently, AVERAGE CPO price will stay much high in the future amid stagnant /lower supply and in face of global warming threatening production (of other oil crops too). Oil palm plantantion will fetch a lot more due to scarcity of land.
Existing plantantion companies which generates huge amount of free cashflow can only expand thru brownfield acquisition.
M&A activity and privatisation will heat up in this sector .

Lembaga TH already owns 74% of Thplant. I think most minorities are prepared to accept offer at $1.00 to $1.20.

THplant's over $1 bil of borrowing are in the subsidiary's book . At company's level , there is zero borrowing. I think TH (the fund) or Thplant (the company) have the financial capability to undertake privatisation. It's really a matter of at what price .

Some asset monetize will take place soon and maximum amount of dividend will be paid to help solve the parent company's financial woes. When that happen , minority shareholders will benefit too.

@wallstreetrookie, at what takeover price you think is palatable to minority shareholders?

Wallstreetrookie::This is a garbage deal for THPlant shareholders. They will reject the deal

In term of earning potential, Bplant is underperforming compared to peers. In term of dividend generosity and intrinsic value vis-a-vis its share price , Bplant is undervalued considerably.

Investors begin to realize it is very cheap vis-a-vis its earning and intrinsic value ?

Dividend yield of over 4% is not bad at all. China has ordered its smelters to cut down production for environmental reason and this will keep the metal price at higher level from now on. It's good for LBA

Amid challenging operating environment, EPS of 5.9 sen for mar-jun qtr is not bad at all .

Application submitted to BNM/MOF on 22/6/21. Approval by end Sept is likely .

Beware ! When it come it come suddenly without warning like DKSH. Hehehe….

It make 4.7 sen for half year 2021. Full year EPS may reach 10 sen.
At today’s price of 54 sen, it is definitely undervalued.

@lofan73, Yes, I am holding on until much higher value is realized . There is a lot more the management can do to the group business/assets to create much higher value than what it is now.

IH 2021EPS is 2.71 sen . Full year 2021 should achieve about 6 sen. Assuming 100% payout, DY will be 9.7% based on today’s closing 62 sen . There will be greater excitement when asset monetisation gain traction.

1H2021 EPS is 31sen. Full year 2021 EPS may be above 60 sen.

@Asia88, though it is not exactly 100%, I was just highlighting the big picture based on the following as reported :
1H2021. EPS 2.71 sen, total interim 2.6 sen (96%)
2Q 2021. EPS 2.16 sen , interim 2.3 sen (106%)

Q2 results not bad at all. Most importantly, the interim dividend is very generous, 100% payout . I Mgt is obviously very confident the remaining year’s performance will still be very good . 3Q will definitely be very good both in EPS and dividend.

Holding steady despite qtrly loss.

Q2 results is disappointing.

@Alf13, BNM approval may take up to end Sept .

Waiting for the good news to come …

Privatization likely. The controlling shareholders hold 80% already.

The disappointing laggard !!

EPS 1H2021 is 8.1 sen., FY 2021 shall achieve about 16 sen. At 10x PE, it should worth $1.60 per share ?

NPAT 1H 2021 is 4.9 sen per share . FY 2021 may be about 10sen.
At 10x PE, it should worth at least $1. Net realizable asset value may be about $2/- per share if the assets are put up for sales .

I estimate 2Q 2021 NPAT to be around 5 sen.

Bought 20,100 share at $0.71 today .

@moratorium , in fact, you get about 8% DY base on you cost. (7sen / 90 sen). I hope dividend rate will further improve over the near term .

4sen final + 3 sen interim paid = 7 sen for FY ending 31/3/21. . DY is 5.4% based on last Friday closing price of $1.29. I am happy to continue holding this stock .

@endgame, you are such a clever boy!