Final count down for privatisation plan,hopes bankers (lenders) approve the deal as soon as possible

To date,the group has also institutionalised an investment monitoring framework so that its board and management have an overview of each of the investments made by the group, and
their respective performance.
" I am pleased to share that,as of now ,we are clear on the key steps that we need to take for each of these investments In parallel, we have also progressed on our debt re- profiling and asset rationalisation plan As previous reported, we have started the disposal of a number of of properties, including the Royale Chulan Bukit Bintang Hotel and one plot of land in Jalan Cochrane, Kuala Lumpur.
" However, it is important to note that with the current market situation, any future sale with only be done after thorough review of the assets potential to ensure the true value of our assets is preserved and protected, " he says

"We have been in active discussions with all our bankers in a last few months, and we are encouraged by the progress make in the talks. Our aim is to reach an agreement with our lenders as soon as possible, so that we can focus our attention on other parts of the transformation. Depending on the final structure agreed with our lenders,we may or may not require shareholders' approval.This will only be decided in due course, " says Chairman

The week of September 21-September 27
Copy part from The Edge Malaysia
Page 22, Chairman:Boustead is a ' company in transition '
First phase of transformation plan aim at transforming the group into a high- performaning, sustainable and resilient organisation in 3 years
"This is important as the the performance of Boustead Group is a critical driver of the dividend pay out by LTAT to our stakeholders-the members of the arm forces
'Will honour all existing financial commitments '
'We are continuously monitoring our cash position, as well as the debt that we need to service In terms of maintaining a healthy cash balance, our focus has been on three areas: improving our cash flow from operations, matching our debt repayment commitment to our cash flow profile and monetising non-strategic,low-yielding assets.
"With all this in place,it is safe to say that we are confident that we will be able to honour all our existing financial commitments " says Mohamad Khaled

Very soon to hit jackpot to RM1.00 due to super, super bullish for all soybeans and CPO price which never happen before for the last 5 years

LTAT should revise the privatisation price to RM2.55 instead of RM0.80,

Super bull for US Soybans, Day's Range USD1,027- 1,043,up 9.82(0.89%)
CPO Price continues to move up next week
BPLANT, 0.55+0.30=0.85

Next week 0.49+0.30=0.79

Hope to close at 0.55

Sorry very tough to break 0.55
Once reach to 0.55,next TP 0.60 to 0.775

Try to cross 0.55 before 5 PM

JTIASA(4383)
Day's Range 0.715 to 0.830

BPLANT (5254)
Day's Range 0 495 to 0.545

Both NTA RM1.14

CPO Price RM3,010, UP+80.00(+2.73%)

US Soybeans today USD1,042.12 up14.37(+1.40%)

0.490 + 0.30=0.790

All plantation sectors share price have been bearish for at least 3 years
The second half of this year is the superb bull for all plantation stocks till next year

Jan,2020 when CPO Price 2,083 per metric tonne,BPLANT share price 0.775

Today 0ct,2020,CPO Price 3,060 per metric tonn,BPLANT share price only 0.545

Is this current price 0.545 reasonable?

US Soybeans continu uptrend this afternoon to USD 1,013.98 and Crude Palm Oil USD 798.4,up 3.4 exceed RM3,000 plus

BPLANT
2018: Low 0.65 and High 1.28
2019: Low 0.555 and High 0.985

JTIASA(4383) current share price 0.73
BPLANT (5254) will follow soon
Both NTA RM1.14

If current market price 0.60,price/book value 0.52 time still less than 1 time,consider super undervalued
Anyway,waiting to break 0.60 soon

Base on current price of 0.495,price/book value only 0.43 time, severely undervalued

The journey has just started,not ending yet

BPLANT has been rested for so many years, it will keep bullish for sometimes till reach it destination

BPLANT will continue keep moving up and up like glove stocks

Will drop back below 1.00

Year high 3.33 n low 0.10
Very high risk chase such as crazy price of 1.78

NTA worth 0.12

Very crazy PE of 195 times
Critical high risk to invest this type of company

Keep uptrend till suspend for pending announcements

Hope Boustead announce as soon as possible

May take private at 0.80 per share

Still undervalued if move to 0.78
Price to book value only 0.43 times

0.48 +0.30=0.78 by end of the month

Count down to implement privatisation plans before 27 Oct

Continue move towards 0.60

Superb bull for all plantation stocks will help to upgrade the value of Boustead share
BPLANT finally cross over 0.50 for the fisrt time since government implemented MCO on 18 March this year

Day's Range 0.48- 0.505
Congratulations all,finally cross over 0.50

I think can reach to 0.50 very soon

If BPLANT (5254) keeps moving up to 0.70 in near term,then its mother share, Boustead might worth more than RM1.00

Bulldog average 0.47

Sorry not easy to cross 0.50 due to weak market performance this morning
KLCI index down 4.37 to 1526.91

CPO price RM2,930, up 0.18

Update for US Soybeans USD1,015.38,up 4.00
Day's range:1,010.88 - 1,018 12

Look at the technical chart, it show that very soon to cross over 0.50 soon

Coming quarter result will be released on November

CPO RM2,930 per metric tonne today
BPLANT continues bullish up trend tomorrow and will cross over 0.50 for the first time since government implemented MCO started from 18 March, 2020

02/01/20, highest deal at 0.775
If BPLANT can cross above 0.50,then there is a high possibility to close the gap at 0.775 in the near term

Wait for the coming Thursday to cross over 0.50

NTA 1.76
Price/Book value 0.37 time only