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1 month ago | Report Abuse
4 out of 5 BPlant chairman and directors that resign are UMNO members. This is the cleansing that the current Unity Government trying to do to by removing political appointees and replaced with capable and qualified GLC directors. This is very2 good news for BPlant moving forward and other GLCs.
Bertanding buat pertama kali di kerusi Dewan Undangan Negeri Juasseh yang merupakan kubu kuat Barisan Nasional pada Pilihan Raya Umum Ke-14 memberi laluan mudah kepada Datuk Ismail Lasim.
Datuk Indera Mustaffar Kamal Ab Hamid merupakan calon Barisan Nasional mewakili Parti UMNO bertanding kerusi Dewan Undangan Negeri (DUN) N12 Beserah, Pahang pada Pilihan Raya Umum (PRU) Ke-15.
Datuk Din Adam adalah calon Barisan Nasional (BN) bagi Parlimen Dungun pada Pilihan Raya Umum (PRU) Ke-14.
Beliau menyadang jawatan Ketua Umno Bahagian Dungun.
Mohd Azahar Ibrahim pernah memegang jawatan Bendahari Pemuda UMNO Bahagian Labis (2004-2008) serta Ketua UMNO Cawangan Kampung Paya Merah, Labis.
2022-10-05 07:58 | Report Abuse
"Hibiscus Petroleum Bhd* has proposed to undertake a RM800 million capital reduction to eliminate RM690.6 million in accumulated losses as of June 30, 2022. The exercise entails a reduction of the issued share capital of Hibiscus via the cancellation of the company's paid-up capital of RM966.01 million. Less the estimated expenses for the exercise of RM880,000, the remaining RM108.53 million will be credited to the retained earnings of the company, which will be used to facilitate a proposed share buy-back."
Can anyone explain what is the exercise above all about? What does it means to eliminate RM690.6 million in accumulated losses as of June 30, 2022?
2022-08-10 20:23 | Report Abuse
https://www.theedgemarkets.com/article/boustead-plantations-subsidiary-ventures-sustainable-technologydriven-commercial-crop-market
KUALA LUMPUR (Aug 10): Boustead Plantations Bhd’s (BPB) subsidiary Boustead Agro Plantations Sdn Bhd has signed a document of understanding (DOU) — with Pertubuhan Peladang Kawasan Kuala Langat (PPKKL) — to venture into the sustainable and technology-driven commercial crop market.
In a statement on Wednesday (Aug 10), it said the DOU establishes the cooperation between the two parties in initiating and developing a commercial crop project, namely for chilli and ginger, via a turnkey basis, with the utilisation of a smart fertigation system and smart farming Internet of Things.
2022-06-09 17:58 | Report Abuse
Should we go out 1st? Been dropping a lot since peak on 25 Apr 2022.....price keep dropping down even after Bplant announced record profit!!!
2022-06-09 17:14 | Report Abuse
Unbelievable... Top Glove with 15mil profit can go up but 435mil profit BPlant can go down 5%!!!
2022-05-31 13:59 | Report Abuse
Even with LLA fair value adjustment, the nett profit is one of the highest since listing in 2012.
With PE 4.3 only, FGV will moves pass 1.75 after 2.30pm... don't miss out the opportunity of CPO bull market
2022-05-31 13:50 | Report Abuse
FGV Registered Profit Before Tax (PBT) of RM501 million in 1Q FY2022
KUALA LUMPUR, 31 May 2022 – FGV Holdings Berhad (FGV) posted a profit before tax
(PBT) at RM501 million in its first quarter ended 31 March 2022, a significant improvement
compared to RM15 million last year. This is mainly contributed by higher margin of palm
products, downstream, fertilisers and logistic business.
https://www.klsescreener.com/v2/financial-reports/view/715035
2022-05-25 09:27 | Report Abuse
I thought I bought at lowest price drop at 80 cents just end of Mar 22 and now already drop almost 50%!!! No bad news, no announcement how come drop too much? How about investor bought above my price last year??
2022-03-11 11:48 | Report Abuse
When this sifu give advise to sell all plantation stock when CPO too high on 31 Oct 2021, he did not know or rather don't spend time to understand that underlying environment at that time will support CPO price.
Fast forward to today, he is changing his tune to buy plantation stock because CPO price is at elevated 7k. And yet his choice of company is as bad as his skill of prediction, TDM.
Maybe his should change to disciple instead of sifu for him to make money in stock market
2022-03-08 18:43 | Report Abuse
The life cycle of goreng stocks with many gamblers in the forum hoping to make fast money. In the end losing money with losing company
Pi Mai Pi Mai Tang Tu jugak.....From 0.20 in 2019 back to 0.20 in 2022
2022-03-08 16:59 | Report Abuse
The life cycle of goreng stocks with many gamblers in the forum hoping to make fast money. In the end losing money with losing company
2022-03-03 12:20 | Report Abuse
Why there are still investors still putting hopes/gamble on this losing company? Revenue keep going lower and lower and margin also really low?? I also joined the euphoria to goreng this stocks when tech stock company jumping non stop last year. However I forgot this is not tech stock!!! I sold all losing 12k @ 38 cents. After that I have changed to fundamental stocks and currently on paper profit have recover all that loss.
If I kept putting hopes on this company, I will more money on my investment!!!
So many valuable stocks you all can choose from and yet want to gamble on this shitty stock. Unbelievable on how investors thinking making quick bucks on these losing stock.
O&G, Plantation, banking, construction still got potential to move up. CPO and Brent crude oil at all time high/7 years high. Wake up guys!!!
For speculators please chase this decresing revenue company to get losing result.
For value investor, please invest in cyclical stock like palm oil plantation, O&G or maybe got chance STEEL.
I have lost 12k in JCY last year (down 30%) and relocate to O&G and Palm oil which already up 90% (XXXk) this year
2022-03-03 12:08 | Report Abuse
I'm so sorry, I forgot to mention "Congratulation to all investor here....this is the 3rd lowest nett profit quarter for FAST since 2012!!!
For speculators please chase this FAST growing revenue company to get FAST result.
For value investor, please invest in cyclical stock like palm oil plantation, O&G or maybe got chance STEEL.
I have lost 47k in FAST last year (down 40%) and relocate to O&G and Palm oil which already up 90% (XXXk) this year
2022-02-28 19:41 | Report Abuse
Congratulation to all investors here....this is the 2nd highest revenue quarter for KANGER since 2012!!!
2022-02-28 19:19 | Report Abuse
Congratulation to all investor here....this is the 2nd highest revenue quarter for FAST since 2012!!!
2022-02-24 20:24 | Report Abuse
Fortunately I have sold all JAKS share today with total loss 26k...very sad because following many taiko promoting this stock...shifting shooting star Palm Oil stocks. Hope can recover back. Good luck to others who still stay here
2022-02-23 08:55 | Report Abuse
Hoot9Yee....wait until the share bounce back in 2030...latest quarter result will propel this company to next level!!
So many other companies making big and stable profit, why choosing goreng stock?? Pump and dump 2 cycle since 2020
2022-02-23 08:31 | Report Abuse
Congratulation to all for chasing a losing company using Sarawak and politics to justify losses. Today will limit up because of the highest net loss since 2012!!!
Unbelievable investors still invest in lost making company instead of many stable or cyclical profit companies. Don't live in a deniable bubble!!
As kllady_fidah said good luck and Huat Chai!!! to all
2022-01-28 08:48 | Report Abuse
Braces yourself for another bumper profit in 2022 for all plantation stocks. CPO Price keeps moving to new all time high and most probably this year CPO price will be above RM4000
2022-01-28 08:46 | Report Abuse
https://www.theedgemarkets.com/article/palm-oil-soars-rm5500-indonesia-sets-export-rule
JAKARTA (Jan 27): Palm oil rallied to RM5,500 a ton, a fresh record high, as top grower Indonesia imposed a rule that exporters must set aside some supply for the domestic market in a bid to cool prices.
Exporters must allocate 20% of their shipments for local supply, Indonesia's trade minister Muhammad Lutfi said. The rule takes effect on Thursday. The government will set prices of local crude palm oil sales at 9,300 rupiah (US$0.65) a kilogramme and olein at 10,300 rupiah.
The move comes after palm oil repeatedly notched fresh records, driven by a severe labour crunch in Malaysia and tight global vegetable oil supplies. The latest rally was also fuelled by a surge in rival fuels such as soybean and crude oil, as well as the Russia-Ukraine conflict that has the potential to disrupt supplies of sunflower oil and bolster demand for palm.
2022-01-27 20:16 | Report Abuse
Why there are still investors still putting hopes/gamble on this losing company? After acquiring ship fuel oil supply company and announcements billions of contract, yet still making loss for last 2 quarters?? I also joined the euphoria to goreng this stocks when company announce bagging billions contract at 5+ cents and after the initial upside it went down I sold all losing 47k @ 33 cents. After that I have changed to fundamental stocks and currently on paper profit have recover all that loss.
If I kept putting hopes on this company, I will lost 90% of my investment!!!
So many valuable stocks you all can choose from and yet want to gamble on this shitty stock. Unbelievable on how investors thinking making quick bucks on these losing stock.
O&G, Plantation, banking, construction still got potential to move up. CPO and Brent crude oil at all time high/7 years high. Wake up guys!!!
2022-01-27 18:44 | Report Abuse
Damn la this KLSE market. CPO already new record high 5.6k but still Bplant can drop 1 cent today!!! Unbelievable.
Many O&G stocks Armada, Hibiscus, Carimin, etc getting higher even Brent Crude oil not yet reaching all time but plantation stock barely move with current highly profitable CPO price.
Next catalyst will only be Quarter result next month. Hopefully with land disposal completion announcement and elevated profit, Bplant can moves above 80 cents
2022-01-22 11:52 | Report Abuse
Why when palm oil price have reach new all time high but company share price still not moving up?? Other loss making or small profitable company can jump to all time high without much fundamental or news/MOU that may not even materialize. (WOODLANDOR,COMPLETE LOGISTIC, SMTrack)
Why operator want to goreng these unpromising stocks instead of palm oil company that already set in stone strong earning in coming Quarter results? Bursa really is a twisted environment for investment
2022-01-22 11:51 | Report Abuse
https://www.theedgemarkets.com/article/cpo-futures-hits-new-high-indon...
The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives extended its rally to close at RM5,322 a tonne for the April contract.
Singapore-based Palm Oil Analytics owner and co-founder Sathia Varqa said the price surged after the Indonesian government confirmed it will restrict palm oil exports.
Indonesia's foreign trade director-general Indrasari Wisnu Wardhana said Friday the republic will restrict exports to control the supply of domestic cooking oil in the country.
A media report said the restrictions will apply for six months starting Jan 24.
“(Based on) market players’ rumours, most likely the proposal will be 70% domestic supply and 30% export,” Sathia told Bernama.
Palm oil trader David Ng said Indonesia's move to curb palm oil exports will push up demand for Malaysian CPO as the big buyers will continue to search for alternative sources.
2022-01-22 11:51 | Report Abuse
Why when palm oil price have reach new all time high but company share price still not moving up?? Other loss making or small profitable company can jump to all time high without much fundamental or news/MOU that may not even materialize. (WOODLANDOR,COMPLETE LOGISTIC, SMTrack)
Why operator want to goreng these unpromising stocks instead of palm oil company that already set in stone strong earning in coming Quarter results? Bursa really is a twisted environment for investment
2022-01-22 11:06 | Report Abuse
https://www.theedgemarkets.com/article/cpo-futures-hits-new-high-indonesia-move-restrict-exports
The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives extended its rally to close at RM5,322 a tonne for the April contract.
Singapore-based Palm Oil Analytics owner and co-founder Sathia Varqa said the price surged after the Indonesian government confirmed it will restrict palm oil exports.
Indonesia's foreign trade director-general Indrasari Wisnu Wardhana said Friday the republic will restrict exports to control the supply of domestic cooking oil in the country.
A media report said the restrictions will apply for six months starting Jan 24.
“(Based on) market players’ rumours, most likely the proposal will be 70% domestic supply and 30% export,” Sathia told Bernama.
Palm oil trader David Ng said Indonesia's move to curb palm oil exports will push up demand for Malaysian CPO as the big buyers will continue to search for alternative sources.
2022-01-06 13:38 | Report Abuse
Why investors cannot see the bumper profit for BPlant at current high CPO price RM5300/tonne at almost all time high? Share price is not reflecting the fundamental of this company potential!!
Next quarter result will be phenomenal couple with completion of land sale transaction. Dividend also will be higher.
2022-01-06 13:29 | Report Abuse
Technical Tracker - BPLANT: Will the History Repeat?
A prime privatisation target? Despite rallying 15% in 2021 (one of the top-performing plantation stocks), BPLANT is still trading at an undemanding 0.57x P/B (-57% and - 19% compared with the industry average of 1.31x and 5-year average of 0.7x, respectively). The steep discount undisputedly makes BPLANT as one of the prime privatization targets by its core major shareholders i.e. Boustead (57.4% stake) and LTAT (12.1% stake), which can be self-funded by disposing some strategic land banks. To recap, BPLANT has ~10k ha of strategic estates located in Selangor, Johor, Penang, Kedah and Perak that are ripe for property development. Ascribing a 5Y average P/B of 0.7x, the offer price of RM0.83 is 21% higher than current share prices.
https://klse.i3investor.com/blogs/hleresearch/2022-01-05-story-h1596577273-Technical_Tracker_BPLANT_Will_the_History_Repeat.jsp
2021-09-23 21:05 | Report Abuse
For every right issue, we need to pay RM0.395 PER RIGHTS SHARE correct? Means if I eligible for 10,000 RI, I need to pay 10,000xRM0.395= RM3,950 correct?
2021-07-23 15:52 | Report Abuse
I don't understand why people chasing low profit or unprofitable PAOS, KYM, BCMALL, HWATAI with low NTA and very2 high PE.
Even vaccine-related company HONGSENG is also at an all-time high with low profit, low NTA, and very2 high PE investors are chasing like bitcoin??
Do these investors don't know that today's FCPO price reaches RM4500 today!! And with 28% higher FFB last quarter, BPlant quarter result will be much2 better. On top of that with the pending selling of Sarawak plantation land, the profit and dividend windfall will be enough to push the price above RM1
2021-07-21 09:59 | Report Abuse
https://www.theedgemarkets.com/article/boustead-plantations-sell-sarawak-estates
Just a matter of time before BPlant announcing the sale of their Sarawak which includes two mills and oil palm estates totalling 10,285ha that are planted with mature palms, mostly over 20 years of age. The selling price should be at least 600 millions based on latest transaction price in Sabah.
The share price will jump like Pelikan once it is announced.
2021-07-09 11:27 | Report Abuse
Any sane investor will see BPlant next Apr-Jun 2021 quarter result will be outstanding with average CPO price RM300 higher that previous quarter. On top of that Apr-Jun 2021 quarter FFB is 51,538 tonnes higher than previous quarter.
BPlant will have double whammy result with higher CPO price and higher FFB volume.
With the land value is way higher than its NTA RM1.16, BPlant is way wayyyy undervalue at current price.
Any company that planing to buy over Bplant will earn a lot more even if it offer RM1.00 per share
2021-07-09 11:13 | Report Abuse
Bplant FFB
Apr2021 = 70,373
May2021 = 77,435
Jun2021 = 83,893
Total April- June 2021 = 231,702
Average Apr - Jun 2021 Crude Palm Oil Price:
Apr 2021 = RM4,220.00
May 2021 = RM4,572.00
Jun 2021 = RM3,830.50
As compare to:
Jan2021 = 60,574
Feb2021 = 55,196
March21 = 64,394
Total Jan -March 2021= 180,164
Average Jan - Mar 2021 Crude Palm Oil Price:
Jan 2021 = RM3,748.50
Feb 2021 = RM3,895.50
Mar 2021 = RM4,041.50
2021-06-30 12:14 | Report Abuse
The Edge summarise perfectly why BOUSTEAD PLANTATIONS BHD will the target of M&A or takeover by other big palm oil player.
https://www.theedgemarkets.com/article/where-next-ma-play-plantation-could-be
Just matter of time Boustead will announce disposal of BPlant to other company to trim its outstanding debt.
2021-03-24 18:48 | Report Abuse
2021-03-24 08:57 | Report Abuse
Why Private Placement is not offer to all existing shareholder? Is there requirement to offer to certain parties only?
2021-03-23 20:39 | Report Abuse
Woowwww.....this will be next Dnex within this month!!!
Tomorrow another rocket booster launch!!!
2021-03-23 20:37 | Report Abuse
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3141540
TECHFAST HOLDINGS BERHAD ("TECHFAST" OR "THE TECHFAST GROUP")
- SUPPLY AGREEMENT BETWEEN FAST ENERGY SDN BHD AND HUANG FAN SDN BHD WITH AN ESTIMATED AGGREGATE CONTRACT VALUE OF RM540,000,000.00
2021-03-18 11:20 | Report Abuse
Even at 1% nett profit for 2 billion Marine fuel, eps enough to sustain above RM1 share price. Dont miss your speed boat
2021-03-18 10:08 | Report Abuse
It's coming guys.....ready for the next rocket lunch for Techfast
2021-03-17 08:36 | Report Abuse
Techfast have made private placement to buy 35% stake in CCK Petroleum Sdn Bhd for RM26.25 million via a combination of cash and issuance of new shares. This company will not invest in new company if they don't see propect to diversified.
https://www.thestar.com.my/business/business-news/2021/03/16/new-venture-delight-for-techfast-holdings
2021-03-15 12:25 | Report Abuse
Is this Techfast company or Techdown company?? Good news also down
2021-03-12 18:53 | Report Abuse
Whoever is still living cave, please come out and check the CPO chart below:
https://www.tradingview.com/symbols/MYX-FCPO1!/
ALL TIME HIGH!!!!!
2021-03-12 18:52 | Report Abuse
Whoever is still living cave, please come out and check the CPO chart below:
https://www.tradingview.com/symbols/MYX-FCPO1!/
ALL TIME HIGH!!!!!
2021-03-12 18:50 | Report Abuse
Only a few companies win the bid for high capacity LSS4 project and one of them.....jeng....jeng....jeng...
JAKS Resources Bhd via JAKS Solar Power Sdn Bhd at 50MW
Guys, ready your seatbelt for blast off on Monday morning!!!!https://assets.grammarly.com/emoji/v1/1f917.svg
2021-02-24 08:44 | Report Abuse
Those who don't want to miss this once in every 30 years opportunity, better take your position in right now!!!
"The global economy tends to experience short-term cycles, such as when the economy fluctuates between weak declines and strong growth, forming an cyclic pattern.
Commodity prices are affected by economic growth, and the movement of prices form cycles as well. In the next 1 or 2 years, a new cycle is expected."
2021-02-24 08:44 | Report Abuse
BPlant share price still stuck low price which are comparable to low range of palm oil price RM2000 - RM2300.
http://bepi.mpob.gov.my/admin2/price_local_daily_view_cpo_msia.php?mor...
Since last Oct 2020 until Feb 2021, CPO price has been averaging above RM3300. This trend expected to continue with the current commodities supercycle that might be sustained for 2 - 3 years
Stock: [BPLANT]: BOUSTEAD PLANTATIONS BHD
1 month ago | Report Abuse
Newspaper report only report 1 side of story, sometimes you need to do your own research on why this is happening. I just need to do 20 mins google search and come out with this conclusion.